mr e soares has many coins and pretty good trading skills. he gained a small fortune by playing the wild west of altcoins and got ambitious, he decided to launch archcoin not a coin but more like shares... virtual shares in a company in what gains went to his beloved project.
he was seen as a somewhat reliable entity in the cryptosphere and the buisinessplan was pretty slick. you could enter the lounge holding at least 8k arch and be a ceo holding atleast 35k thus securing its value.. sort of dao before the dao .
ceo's got news first and intel on buy/sell walls that sort of thing pretty great.
then came a lot of fud and mockery and he caved.. not as in i quit but more like i will take all off you down with me doing this. and now after all that silence
his and the other top bags on brex increased.
vague messages.
twitter account says arch developer again.
meh...
you bit off more than you could chew and seemed in mental issues.
coming from me
the arch logo in cocaine guy
anyway be very carefull investors
x0x cryptillian