I used my judgement. COLX looks like a pyramid scheme to me. I am dumping. There is a special place in hell for scammers like Pete. I had faith in this currency's eco-friendly ideas and I am extremely disappointed in the devteam for not trying harder to make something of this coin. Needless to say I lost a lot of hard-earned money on this train wreck. Good luck to all.
The coin swap, so essentially a new project, has just come out. What do you want? What exactly are you expecting? It is a working privacy coin. Should it just be a fancy white paper without an actual working product like ADA or Tron or any number of coins that are for some reason in the top 100?
I don't think you actually understand what a pyramid scheme is. It's like all the social justice warriors that scream racism all the time.
I would like to see some articulated case made by the developers in response to what colx_holder has said. Instead you have a sex tourist posting memes about a coin he has no special expertise on to drown out conversation. This doesn't look good. And why doesn't this project have a full time development lead? Why is the whitepaper, the central document explaining the coin, being drafted by some randomer and not the developers? Whether or not you think the whitepaper matters this is a massive PR failure. The bottom line is I can't invest in a coin that doesn't have a professional team behind it.