Post
Topic
Board Tokens (Altcoins)
Re: [ANN]🔵🔵 OYSTER 🔵🔵 Anonymous Storage Generates Revenue for Websites
by
Islapdonkey
on 25/11/2018, 14:53:05 UTC
Whenever such situation appeared in past we saw same thing in few projects in past where people tried to benefit of the dumping and became victim of that short trading period. I don't know how this part will be solved here but in other projects those tried to catch falling knives just got hurt their hands. When you see unusual activity in market first make sure of the facts why all that is happening next time.

 So its the investors fault for having buy orders on dex? Lets even say they didn't have buy orders on dex but bought it after the snapshot cos they were unaware of a post that was made on medium/blockfolio, so is it their fault for buying a legit prl token from a legal exchange? This is not swapped tokens, or some kinda fake token but real legit prl tokens (keep in mind the new contract not only distributed the originally prl amount, but 27 million tokens was added to the prior max amount, so its not like allocation for those tokens weren't included in the new contract) So they actually still have those opq tokens that were emitted to replace those rejected prl tokens in their possession.

 I guess the admins are also well within their right to create 27 million tokens with no real allocation for 7 million but refuse to swap legit (emphasis on legit) prl token? Its like the new incoming tesla CEO deciding to null all stocks that was bought post the musk incriminating tweet cos its not a true reflection of the current state of the company, then transferring the value of those stocks to the internal employees. Its quite literally aligned to that scenario.  

 We really need to get out of this current mindset, and start holding this guys accountable rather than defaulting to the common that's just the way it is concept. The same guys with rumor that they had planned to dump, currently have 27 million coins at their disposable and didn't even make an effort to disclose the real use for 7 million tokens, and all is docile, least their current investment in opq is further negatively impacted. That set of thinking is one of the main problem in this sphere and till we get of that sheep mentality, a wider adoption of this products will always be undermined.