Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [X11 POW/MN] WolfpackBOT Cryptocurrency Trading BOT (WOLF) [ANN]
by
Ryoting
on 26/03/2019, 02:55:10 UTC
Only offering trading through the crowdsale for such a long period of time, when there are 4,000+ MNs & Miners inflating the supply, and the team is building a fat stack with the majority of the coins that only they get to dictate the price of - I'm sorry, that's a scam. Cryptocurrency is about free market determining value. If your bot is valuable, which it looks to be, then that should give your coin utility. Locking a price & making yourself the sole gatekeeper for 3+ months is a bastardization of everything we're here for. It is the very reason people have a problem with Masternode coins, in the first place.

You can play the 'righteous indignation' card with me all day long, but I know people who make good bots, and I know what they're worth. You're saying $4mil mcap before you even have a working alpha is reasonable? And you're forcing every last holder to wait in line behind you, in order to sell ANY of the coins they've already purchased at your price?

k. Feel how you want. I'm telling it like it is.

A "crowdsale" is for before your chain ever launches. Once people are holding real coins in their wallets, you shouldn't be dictating the price any more. If you want to talk about how great your bot is - cool. Sell that as a product. You know what's good for subscriptions? BTC. Maybe use that. But running a 'crowdsale' as you are, for such a long period, with a lock on the price & you the sole arbiter...sorry, that screams, "TEAM IS DUMPING THE SECOND CROWDSALE ENDS."