A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
Ripple once was distributed via airdrop. Look at this coin now - top3 of the whole market and lots of perspectices in future.
that is true,
Giveaway is kind of promotion, do not underestimate it. Yes, Stellar doing multiple giveaways but they have their own reason to do that.
they wanted to reach non-tech or non-crypto users to understand how it works and how to use it by sending them a giveaway, they have stated it multiple times before.
and I do not believe that giveaway would severely push the price down. A wide distribution could help the project in gaining trust from the community,
for me Stellar is a good coin, and this is one of the reasons for me to buy it more after the giveaway ends.