Quote from: raymondspeaks on March 26, 2018, 12:37:17 AM

Quote from: Calidude on March 25, 2018, 11:52:33 PM

Quote from: raymondspeaks on March 25, 2018, 08:38:21 PM

If people buy, then the price goes up. If people sell then the price goes down. It pays off early investors in the same way that Bitcoin did. Buy 10,000 bitcoin in 2010 -- be a millionaire now. Early investing works for everyone. Only if it's a good project mind you. I can think of a few coins that have tanked over the years.

Your comparison is flawed because although early adopters of Bitcoin made a lot of money anyone new who purchases Bitcoin can decide to sell and not be penalized for selling it once they have made a small or large profit, and you do not lose 10% when buying Bitcoin.

This would have been a good thing if everyone was allowed to buy in at the same time as everyone else but now the only real winners are those who have big holdings. And my personal belief is that the 20 advisors thing is bullshit and is really just a small group of people that own over 50% of the tokens. It is the same thing as having a 30 to 50 percent premine. And I am guessing you are one of those people that's why you are promoting it so much.

Haha. So how do you actually propose that everyone is allowed to buy in at the same time? I got in early - no-one stopped me. That's like me not buying bitcoin in 2014 because I wasn't told about it in 2008 lol.

Nope. I only shoved in an Eth, which now sits at around just over 2 Eth.

I've actually watched it grow in worth over the last two weeks too. I joined when there was only a few hundred Eth in the bag. I can vouch that I haven't seen anyone shove in a three figured Eth sum yet (and all transactions are visible). Also take note that if a small group of people want to come in and buy up the tokens then it is their freedom to do so. It's their Ethereum. That's Decentralisation. I will say there's no larger than a singular 4% stake, though.

What proof is there that there is actually 20 advisors, I am calling scam on that one and what was the original price at the beginning of the contract?

Looking at the first transactions of it there were lots of buys on the very first day so that is equivalent to a massive premine now they are earning from every new investor and slowly dumping. The only real winners in this are the guys that created it and their friends and those who invested in the first few days, anything now it is really not worth investing.

I am happy you are making money but it is really not any value for any new investors unless they have enough to be in the top 50 or so because the fact you will lose 20% on entry and exit and the low returns based on volume only means for a small investor like myself it is simply not worth it. The contact idea is a great idea but they should have made it public and set a buy in limit at the beginning rather than buying the majority of tokens for themselves, the creators are laughing all the way to the bank.