Re: [ANN] SONM • Decentralized Fog Computing

this coin is a scam? Grin

I wouldn't recommend buying this shit. They've finished the development and now don't have money? Spent 42 million in 2 years, That's a lie, SONM team used ICO funds for personal projects/company. Now without any money or marketing this shit is dead, Binance and other exchange will likely delist SNM for this behavior.

well i have just made a crap load of cash out of this coin in a matter of a week.

Good for you! Be sure to jump off the ship at the right time otherwise you'll regret it. I wouldn't touch this shit, There are plenty of other coins I'll ponder to buy.

People who don't have faith in this coin will not touch at the pumping stage. I don't know what was the exact news released by the team because we are seeing much negative news from the community that the admin has left the project without any developments.

where you get this this news that admin left the project without any developments. can you provide the source of this news.
if you get this news on telegram group then it could be fudding by some people.
in last 24H sonm rise about 69% according to coinmarketcap. if negetive news comes then why this is going up in one day?

According to you, there is no positive news released from the team then how the price of SNM increase more than 150% in one day. In the current fluctuations, how can a coin price increase very quickly to that much higher value?

Simple, Manipulation. There's huge amount of SONM parked in Binance exchange and now with recent announcement of development being halted there's risk of SNM getting delisted. So it might be Whales/SONM team pumping and then dumping their bags. If anyone has a better explanation, Please go ahead!

So the ultimate the person who is going to lose money are the people who participated when the price of SNM is at a high price. Really very bad to know that, really they have collected a very huge amount of funds during their crowd sales, how they will hide without any developments.