Quote from: ChinkyEyes on September 27, 2018, 08:58:56 AM

I do think some points the "fudders" are making make sense. Republia's whitepaper is super similar to that of Minex when it was introduced. I know because I was ICO investor on Minex. So I understand where people are coming from, when this new project shows up with so many of the same selling points as Minex had. Minex has not really been great lately when it comes to PR and Marketing, in my opinion they are really shit at it. So I was glad to read that they hired a PR firm. Only the website to this PR is utter shit, and I can't imagine a PR firm having a bad website because it is bad PR for them.

https://medium.com/minecoin-blog/minexpay-report-the-bank-the-partnerships-the-integrations-d113c1a2ecf3

The PR firm: http://hapax.tech/

Now it is possible Minex is not a scam at all, but maybe they just really really suck at Marketing & PR and making it a lot harder on themselves. The same with the sudden insta buy option being added. There was not much news beforehand, this would happen. Especially with them tapping into the premine. Maybe they are making the project more decentralized by getting rid of their premine and not upset the markets because of low volume exchanges or maybe they are dumping their bags.

I made enough money with Minex because I have been here since the ICO. I still have some left, but I don't plan on selling just in case.

#dyor

Refreshing to see someone wearing the same signature as TeMHuK who's actually acknowledging some of the short comings instead of blindly parroting

the same bs script every time.

You obviously took a chance by participating in their ICO and you got handsomely rewarded am guessing.

Good for you.

We're all here to make money at the end of the day.

But when projects start to engage in shady practices, it ultimately ripples down to affect the whole crypto ecosystem.

I particularly like this analogy from this article about high frequency trading.

https://dailyhodl.com/2018/09/23/bitcoin-ethereum-ripple-and-xrp-hedge-fund-investor-rings-alarm-on-kiss-of-death-listings-and-fckery-trading/

"You know those vines that wrap around the tree, and they kill the tree if you let the vine sit there long enough? Thats exactly what type of stuff is happening right now. And so its really to the detriment to the long-term health of the ecosystem."

The same thing happened with ICOs and Scams like Bitconnect.

Retail investors got killed while the scammers got rich.