Block Chainy what do you think will be the otn price when the air drop will be made? can i tell you? untill now i was never wrong . the price will be 0.0005 or below and after the drop will go under 0.00009 . and whit the ppl being so hipe on the btc that can hit 20k till 2018 they will sell this even more and buy something real, not fantasy. i even bet that they will do no air drop . think about it ppl who are waiting to sell this coin they will do it right after they will get more so there lose will be smaller . is almost the same thing when us is printing more is us dollar stronger or weaker? i have 18 ppl so far on my youtube channel that lost their otn money because unsupported wallets many of them told by iq to do it . do you really think iq or otn will have a future anymore? if so you're delusional.
Alexander,
First of all, your analogy with increased supply = decreased price does not work in this case. Mainly because new tokens won't appear out of nowhere, it's not like OTN will emit more tokens - it's just a release of a reserved amount. And what part of recent Crypto history made you think digital currencies behave exactly like fiat anyway?
Secondly, rewarding people for holding tokens is an excellent practice. It shows that the company delivers on their promises, at the very least.
And the third point: "ppl who are waiting to sell this coin they will do it right after they will get more" - you're kind of missing the point. The rewards will continue quarterly for the next 2 years. Holding OTNs gets you more OTNs. It's quite nearsighted to sell everything off immediately.
And as to the claim that IQ staff told anyone to use an unsupported wallet - nonsense, they even issued and highly publicised a
withdrawal How-to to make sure no one got it wrong.
But who would admit that they made an honest mistake on their own when choosing the wrong wallet? Nobody would.