People complaining about red flags - let's debate a little about these so-called red flags. Which ones ? People shilling the coin ? When a coin saves 10% of the total circulating supply and use that budget for aggressive marketing everyone gets hyped, but when people read about a promising tech and discuss it on the forums it's shilling - it's not just black and white, people need to do their own research.
XSPEC team does not have a budget for marketing and they never asked / encouraged anyone to shill this coin. They do not want to artificially increase the price, they did not keep an X% amount of coins for their own "product development", they want to develop some good tech and they're actively working on it. Users that choose to believe in this tech and promote it in their own way can affect the coin's public image (for better or worse), but that does not make the tech bad, it remains the same.
I also love people focusing on the promises while discarding the existing implementations.
-easy-to-use working wallet, POSv3, TOR + OBFS4 support, stealth addresses, ring signatures already make the coin better than 90% of the existing altcoins, yet people cry that stealth staking is not implemented - it's like saying that you got only 2 lambos but you were promised 4 lambos so it's clearly vaporware.
-going back to stealth staking: they promised to implement it at around the end of Q2, it's not end of june yet - you don't hear children cry that santa did not bring their presents in august yet people find it totally natural to bitch that stealth staking is not implemented yet.
-why is the stealth staking tech not public ? as simple as it is, people still find it hard to accept: if they found a way to do it, they HAVE to keep it secret in order to make sure they will be the first ones to implement it, they don't have the manpower to implement it tomorrow but other coins with big bucks can do it - just as in real world, every company that designs a new product will keep everything secret about it until it hits the market.
Bottom line: yes, buying XSPEC at 1.64$ considering the total circulating supply is a legit advice