Post
Topic
Board Altcoin Discussion
Re: Investigation Complete of Instamines and Fastmines for almost every top alt coin
by
toknormal
on 10/05/2014, 11:15:15 UTC
there is no proof of this being planned, so there is no big ethical qualm against NXT

Well that's progress. Perhaps you should tone down the emotive language in your commentary to reflect that fact.

. the unannounced cutting off of the ipo during btc zoom upward is certainly, suggestive, but doesn't proof anything.

Suggestive of what ? That the developer colluded with the initial stakeholders and they were all secretly part of the same group ? If that's what your suggesting then I think you should spell it out in the commentary so it's unambiguous, along with the basis for suspecting this. There would be nothing wrong with doing that and presenting it as something to be taken into account when making investment decisions since none of us can know one way or another. There does not appear to be any material evidence of such collusion but it could still be possible.

Where I take issue with your report is the wholesale slamming of a perfectly good project that has a massive community of constructive members - both developers and investors - based on this one issue that's fading into historical irrelevance anyway.

it appreciated wayyy to much in value, too fast, $7 --->$40,000 in two months... for it to be a good invesment now for somebody jumping in. Nobody wants to get into an investment at the top.

So you do think it's overvalued. At last a clear and simple market appraisal free of antagonistic jingoisms (almost).

Why don't you just state that then along with your reasons ? I happen to think it's undervalued since we are about to see a new phase of growth in 3rd party commercial ventures engaging with the NXT asset feature about to be launched. But that's just my opinion and you'd be entitled to take a different view of the situation. Would be a refreshing break from all the mumbo jumbo about distributions and what is and isn't 'insanity'.