Yeah, I don't agree. I think his "backing it fully" is PR bs to avoid making it look like he's ditching the social consensus. He refunded all PTS ever donated to I3 and plans to not make any more snapshots.
I'd say calling it a "amateur clusterfuck" is more accurate than calling it a "greed-driven pump and dump".
Good to hear, at least someone calls it how he is seeing it. The cheerleading at your forum is nauseating.
PTS price is being pumped up, wait and watch as you see how it gets dumped and destroys BTS reputation with it. You still got time to correct it, considering you are a core developer.