Quote from: cryptoholic11 on December 31, 2017, 01:31:50 AM

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Here's my opinion:

The time mints were set up in such a way that buyers are stuck with them unless stuffing them with an impossibly high number of DAY tokens, which cannot be bought on market for almost any price. Also, if the day tokens are sold, less will be minted next time round.

What that means is it is in reality extremely hard to impossible to sell the time mint, the time mint becomes worthless if the DAY tokens are sold on market and the DAY tokens already are circa 75% down in value from first minting.

To me, it looks like this was designed to be difficult to exit I (at least the time mint), with no reward for investors evident, or do I have this wrong?

There is also no use case on offer at this time to my understanding, other than what suspiciously looks like a future intent to use them to loan out to "businesses"

Worse, there is almost no retail market for DAY at this time, almost illiquid on Etherdelta. Coinmarket cap has just livecoin and ED trading it, with about $1500 worth traded in the last 24 hours. Yes, you read that right! Cry

Even worse still, from what I can see, Etherdelta was sold to a bunch of Chinese recently and the site was compromised right around the transfer time of the business, ending in people being phished and losing their coins. That's where the bulk of the tiny volume of trade takes place as of the moment from what I can see.

I am not sure what the future holds for DAY holders. I hope for all who ploughed in some ETH there will be a big turnaround for the better.

Someone called me out for a "fuddy" comment. I can only say, what part of about 75 percent loss is fear, uncertainty or doubt? It's a bald fact.