The launch and the problems are way behind them. Bringing up old history does nothing. Current price isn't the dev's fault, but a reaction to the seemingly never ending moolah,moopay, alex green news.....of course right or wrong it is what it is BUT, what they are doing IS working.
I am not that sure that problems are way behind. It looks more like we are going from one problem into another, never ending story. Had there been no mess and a little more professionalism, many things would look differently now. Price would be higher, devs would have their funds, investors their return. And even a loss of IPO funds wouldn't hurt that much. It would make sense for price to fall if moolah didn't return sys coins they bought, as you could say that there will be a dump or something and investors are afraid. But in this case there is no such danger. Yet investors are still dumping - it is because they had enough and they are losing confidence. And it was really a story from the beginning.
I will give it more time, no point selling now, but it doesn't look good. And if things turn around, and sys become what it's supposed to be and people start using it for what it's meant to be used, one thing that will hurt the price is regenerated mining. The more sys platform is used, the more coins will go to the miners, and they are certainly not holding this (they will take what they can, it's a free money because of merged mining). I tried to discuss this before, but I think that post was deleted too.
This coin isn't going to die.
Not saying that and certainly don't hope so!
As always though, don't ever put more money into something you can't afford to lose.
Whether stocks, crypto or any other place your money will be at risk.
You are right on this.
this syscoin is making me think was this the plan all along 5 devs working on a coin..i have seen 1 dev do better progress with no money....plus can any 1 tell me how certs and contracts on a blockchain will make us money..to me you put them on a blockchain for free or a very small fee..and the price now it will be totaly free soon..just hope the devs were not working with slex all along..not saying its the case but this as become a joke... and very iffy...i can see this coin going nowhere..to many fails with a wallet...SO TO ALL YOU DEVS OUT THERE..BEFORE YOU BRING A CRYPTOCOIN OUT TO THE PUBLIC..WE EXPECT THAT YOU BRING A WORKING PRODUCT OUT.. BEFORE YOU WANT PEOPLE TO BUY INTO YOUR IDEAS..DONT SAY YOU CAN OR YOU HAVE DONE THIS THAT AND TUTHER..WHEN YOU HAVE DONE NOWT..YOU DEVS NEED TO SPEND YOUR OWN MONEY AND YOUR OWN TIME BEFORE RELEASING YOUR COIN TO THE MASSES..YOU DEVS NEED TO START PUTTING YOUR MONEY WERE YOUR MOUTH IS IF YOU BELIEVE YOU CAN PULL THINGS OFF..BEFORE ASKING FOR AN INVESTMENT....RIGHT I AM A BUILDER..DOES ANY 1 WANT TO GIVE ME 750K TO BUILD HOUSES AND THE PROFIT WILL BE SHARED WITH EVERY 1.. BUT IF THE HOUSE FALLS DOWN ARRR WELL I NOT LOST ANYTHINK..AND MY FAMILY HAVE NOT SO ..YOU SEE WHAT DO YOU WANT I AM NOT GOING TO PUT MY FAMILY AT STAKE INCASE IT FAILS....NOW HOW MANY WANT TO INVEST NOW..NO RISK TO ME..JUST YOU INVESTORS ...NO DIFFERENT TO WHATS GONE ON HERE....TO MANY COCK UPS FOR ME...IS THIS WHOLE THING A SCAM...