But you don't, Dev said funds have to be released before white paper is released, so you risk losing everything.
From what i understood, Annon is going to give the bitcoin to the dev once he started distributing the eXocoins to investors
My understanding is that mr exo_coin has agreed to use me as escrow as well. So i believe what will happen is that he will transfer the exo to me in batches and then i will in turn release the equivalent amount of bitcoins to him. This process will continue until all of the exo and all of the btc have been transferred.
Hey guys,
So do we even know under what terms will you release the BTC?
I am just trying to recapitulate in short what's going on here so bear with me. I am in no way trying to bash this IPO,
I am actually still thinking about investing since there is more than 12 hours left. I am just trying to be objective and realistic.So we have 2 guys that started a new coin and they claim this will change a crypto scene. Pretty bold statements but so far so good. They claim there is a third guy as well with a new profile but OK he never showed up in this thread. Exo coin is a new member/new profile. He seems to lead the dance. Exokk is a second Dev who made his profile in the mid December just about the time I made my profile, so complete newbie. By looking the history of his posts yoou can see that he is a complete newbie since it is clear that he doesn't know a thing about crypto currencies. He had a wallet for every single bullshit coin and was leaving his addresses in giveaways for free coins. He was also into mining. OK, now I start not to like this, is it possible that one such guy will write or be a part of writing new code for coin that will be best in the world? Just to remind you the 3rd DEV never showed up.
Thanks all!
Looks like you are are correct about Exokk history. This is disturbing. The only reason this threads picked up is because Anon posted about it on main Nxt thread
If it turns out to be scam, ....
I am not saying all of this is true and this is a scam. For the sake of all crypto community and taken into consideration all the problems with Mt. Gox and Bitcoin I hope it is legit, because all of cryptos are in crisis at the moment. But these are just some red lights flashing. I mean there are too many scams and greed trying to get our money out there and not too many new Satoshi's or BCNext's that are making amazing new coin everyday. And these guys are claiming this exactly.
Thanks for your analysis. I will hold my btc.
This is why i only invested 0.1 BTC. Frankly any more does not justify the risk.
Well I am still thinking what to do. I have less than 10 hours to decide. I am also waiting for Anon's opinion and answers to the questions that I made in my original post. In Anon I have a trust and this trust comes from NXT community.
I also forgot to state in my original post that a communication especially from Exo_coin was perfect. He had patience and answered all the questions, but we should keep in mind that these answers were merely promises. If we look at this perfect communication from a negative side one might say that he will get a nice reward for his patience and perfect communication, over $35,000 guaranteed as we speak, if this is a scam.
Once again, I am not saying that this is a scam. I am not a sort of person that will come here and yell with big red letters scam, scam. I am just trying to look at the situation objectively. But one thing is sure, we should trust no one in this Internet/Crypto world until this trust wasn't earned. And even then we are not sure, after all of this is just sort of gamble, even Bitcoin.