Quote from: Colx_Hodler on January 16, 2018, 05:44:58 AM

Quote from: grobmad on January 16, 2018, 05:29:18 AM

Quote from: Colx_Hodler on January 15, 2018, 05:34:41 PM

A lot of flooding going on by the old Pete and his peeps to try and bury the links I posted while at the same time bumping the thread.

This is not FUD, these are facts.

This coin will not be going anywhere for one simple reason: The people managing it are simply clueless.

1. The guy writing the white paper.... His name is Adeel 'Akhi' Anwar. "Great Mama" on Telegram. He has 0 technical knowledge, no credentials whatsoever. The only reason he was chosen to write the whitepaper is that he offered to help and because he has a couple of masternodes that he bought for cheap... That speaks wonders of the seriousness of this project. It's just a pump and dump scheme. Smart people are already leaving. See here:

https://i.imgur.com/thSJwtq.jpg

2. The rest of the team is clueless and incompetent. Just a bunch of noobs trying to get rich. See here:

https://imgur.com/gallery/01Oru

https://imgur.com/a/Wqayb

TLDR from imgur: "wow guys, turns out organizing a team without a manager is really hard!"

3. Price dropped because people are dumping the project, including myself. We went from no max coin supply to unlimited coin supply. We went from 4bn coins in circulation to 10.5bn in circulation in less than a week. The official website is full of inaccuracies and no one bothers to fix them... It's either dishonesty or incompetence. Both are not ok.

4. No one wants to buy this coin. Volume is about $300k. Current price doesn't mean anything when there is only one or 2 orders buying at that price. When I sold my coins, I had to go as low as 70 sats. I started selling when it was at 116 sats. People are sitting on millions of worthless coins. That's why you see them losing it trying to shill the coin everywhere. They just want new suckers to come and bail them out.

https://i.imgur.com/OrrUEcs.jpg

Damn.

I think you pretty much just sold me on selling my colx. Which sucks.... because I really wanted to believe in the project, and yes, I have a lot of colx (by my standards) and was looking forward to hopefully at least getting to .03 cents.

In the last few weeks I have slowly been fighting my suspicions that colx was headed for a fall and wanted to believe it was a legit coin in the making. But seeing the lack of communication from the 'team', seeing that the people working on it are already pretty busy with their personal day jobs (understandable, but not reassuring), the lack of ambition and initiative by the 'team' to organize this community to make shit happen.... along with everything else you just posted.... I feel I can no longer ignore it.

And it sucks, lol. I have enough colx that if it just goes to a couple cents I would be doing well.... and selling now will hurt considering where we were at a few weeks back.

My only remaining hope right now, is that while Im sure colx is down quite a bit due to people selling for these reasons, I also assume its down because the market in general is down right now. We have to take that into consideration. So I keep asking myself, should I sell now and take the pain, or just hold on a bit longer until it does hit cryptopia, release the whitepaper, and hope for one last little pump to sell, but by doing so pretty much risk the price dropping further with no pump happening at all.

The thing is, its not all about the money with me. If I saw a team that was in the trenches, doing things the right way, I would stick with the coin.... but I dont see that, and to me a good team is a very crucial component. I want to add that I appreciate what the team has accomplished thus far and I commend their efforts in the face of having full time jobs and whatnot, but that doesnt erase all the fumbling and missed opportunities and potential.

Damn. I will continue to hold, for now. Guess Ill wait for cryptopia and the whitepaper. I really, really hope I dont regret it.

I'm not sure at what price you got in but if you can make a profit, sure, sell. If not, wait until Cryptopia because there is no point in selling now. Price is too low. I, too, had millions worth of coins in this project. I really believed in it. Heck, even my username says Colx_Hodler. If you look at my post history, all I previously did was promoting Colx. But I can't do it in good conscience knowing what I know.

Who knows, maybe they'll get it together but I'm not putting my money on it. Not worth the risk. There is many other projects out there that are better deserving of my hard earned $$$.

XRB for example. It's about to hit Binance. Amazing tech, team, community, and potential. Not to mention that it could see $100 very shortly.

Ya Id still make quite a bit of profit. Bought in at like .0004ish, give and take a bit because bought at different times around that price.

Indeed. Its not really that I dont think colx can 'eventually' get to a certain point. Its that I could be using that money in other cryptos that are actively moving forward and have all the boxes checked in terms of doing things the right way. I could easily be getting a return on that money elsewhere, instead of waiting around and hoping things come together for colx. The question is would I make more money in other cryptos in the amount of time it takes for colx to pump, than I would by waiting. And that is IF it pumps.

I dont know, guess we will see.