I sold what I had in several batches, only had a little over 400 coins. If ponzi scheme is not the right term, then my limited english is prohibiting me from coming up with the right term.
If all QBK holder sold coins, then you wouldn't have to pay people monthly dividends which would be great for you. Your assets are based on your trading strategies and betting you would make money on those trades. I understand you have some reserves which can cover loses but how far can you go with that if crypto markets go into downward trends and you cant execute profits on trades.
And you did take time off, you took a holiday in August to move. Just wondering where that money came from?
This will be my last post on this qibuck forum thread. being told not to leave criticism is like removing freedom of speech. I live in a country which prohibits freedom of speech and I can't wait to move.
Rather than ponzi scheme, I'd say it's an asset based coin with a somewhat high risk factor. Then again, I'd say just about every crypto would fall in that same high risk factor category too.
If cryptos tank, yeah, there logically wouldn't be profits. It's a risk. But if cryptos tank in general, it may not necessarily matter what you invest in, you'd probably lose money regardless. Consider it like a mutual fund ... some folks rather do their own trades, some folks rather have an investor do it for them.
At, umm... like .08 btc of QBK at ico prices, it's probably not getting worked up about. As for criticism, I believe she meant how you phrased it, not the criticism itself. Insinuations are different than constructive criticism.