Post
Topic
Board Announcements (Altcoins)
Re: PROOF OF PRICE MANIPULATION AND COINS BOUGHT FROM MARKET
by
robin.nimiq
on 27/02/2019, 13:13:42 UTC
They buy $600000 worth of NIM/yr to prevent the price from crashing to zero.

Well, they are not keeping the NIM, they are using it to pay their expenses. If their employees/partners accept NIM as a means of payment, how is that a bad thing? That's exactly what NIM is intended for. Ideally at some point of the future, it's not only 16% paid in NIM, but 100%.
But 16% already shows that they are willing to receive their salary in NIM (which is basically the same as investing into NIM), so they actually believe in their own project, which is again a sign that it is not a scam. Nobody would knowingly invest into a scam and they would be the one to know if it was a scam....

Oh, did you notice how they already do this for months? No? Then this is a sign that the latest price jumps are not at all related to the team buying NIM, because they were able to hide it before (probably do OTC trades, as this is how you do large amounts).

You and the "other" FUDers trying to find something negative ("price manipulation") in a thing that is actually positive ("buying NIM to fulfill their demand") is wimpy.



scam scam! this is exactly the definition of price manipulation. when you buy your own company shares. why they don't mine ? digging is easy that even they can mine. because they buy their own shit they artificially manipulate the price