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I called it a good investment when you bought it at five cents. Why does that surprise you? Unlike you I don't have a wheelbarrow to push except transparency. If you cashed out now you'd have made 5 times your investment. Yes that's a good investment in my books. But no, I don't think it would be a good investment for latecomers who buy high from early investors and face much more downside risk.
Finally someone admits Richard owns most LKK, after all the stonewalling. You don't think that confirms my suggestion that Richard stands to make most of the profit, or that it is a make him richer scheme? Okayyyyy...
Anyway, short term Richard can totally manipulate LKK price to stop it going down, thanks to an in-house "algorithm" which I noticed last night favoured price going up: in other words, the larger the LKK sale the fewer USD per LKK you got, but the bigger the USD purchase of LKK the more LKK you got per USD. No price transparency at all, very heavily manipulated, and I can't see a US regulators having a bar of it. I also think as we get to the sharp end of Segwit 2x activation there's a limit to how much funny business with the "algorithm" determining the LKK price will be able to stop people running for the doors.
Finally someone admits Richard owns most LKK, after all the stonewalling. You don't think that confirms my suggestion that Richard stands to make most of the profit, or that it is a make him richer scheme? Okayyyyy...
Anyway, short term Richard can totally manipulate LKK price to stop it going down, thanks to an in-house "algorithm" which I noticed last night favoured price going up: in other words, the larger the LKK sale the fewer USD per LKK you got, but the bigger the USD purchase of LKK the more LKK you got per USD. No price transparency at all, very heavily manipulated, and I can't see a US regulators having a bar of it. I also think as we get to the sharp end of Segwit 2x activation there's a limit to how much funny business with the "algorithm" determining the LKK price will be able to stop people running for the doors.
What surprises me, or actually I'm not really surprised, is the inconsistency of your argumentation. On one side you come up with hard accusations. You talk about Lykke as a "scheme", you claim the market would be manipulated, Richard Olsen himself would intervene on the market, and so on. At the same time you speak about Lykke as good investment. And sure, I get your point because that is the only one that is consistent: The price. And that is the constant message you spread on two threads here and several topics on reddit and THAT shows consistency.
And one more time: I don't want to say that there shouldn't be different opinions about total value and price. It's the way you combine things and spread your message that is revealing.
Another thing is: If one wants to attack a project, that is always possible, especially if done with theories like you come up with.
- price goes down: that is about Lykke only underlined with the lie LKK would have went down before others did
- price goes up: Richard Olsen manipulates the market
Or supply and distribution: If founders and team-members wouldn't have so much skin in the game it would be easy to attack that, to come up with the claim they would only care about selling LKK to make money. If they hold a lot, and we are speaking about ownership here, you see a problem in that.
So let's not forget your priority: Cheaper price because after all your accusations you still consider Lykke as good investment. That intention is the only consistent reflection in the way you communicate.
The Little Poodle just tried to talk the price down by spreading nonsense FUD with his bulldog persistence so that he can buy at a cheaper price.
He is bitter that we (early investors) got in early at $0.05 and he is super jealous with us. No body is so free to talk about something that he is not concern with. Enough said.
