What are you talking about? It has been on the market several months. And they have so many non dislosure agreements, my head hurts. When will they reveal their product?
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I'm a bit unsure about dent. I hope that everything is good with dent. but still, I'm worried.
At the moment there are so many rumors who making the condition more critical we need clarification from the team on current situation. I hope so all will be fine in coming days. But the team won't give clarification!!
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part of your comment is what i have been saying for years! but i don't agree with the "obligation" part. basically for years altcoins and now ICOs have been receiving free money, former through premining and other shenanigans, and the later through I.C.O. and then delivering absolutely nothing apart from another useless token to be added to thousands of other useless tokens and eventually end up in the graveyard. there is no obligation because you get what you see, if people choose to see something apart from the reality that is their own fault. and because they are not companies, they are random people, most of them kids, releasing a token which you know is useless. also, what you described is not fraud. Fraud is when a person is deceitful for financial or personal gain. You taking a loss because you were "convinced maliciously" to "decrease your value" is your own personal choice. Just as you're free to intimidate people with lawsuits and misrepresent peoples actions to look like they've commited a crime.
in a way it is fraud. for example imagine an ICO token which is saying it is going to fix the energy problems, an ICO that is saying it is being used by medical sector for doctors and patients connecting to each other and having their information stored on the blockchain,.... (these are actual ICOs). then in reality all they do is that they create a useless token which will be traded on exchanges for a while and die eventually. the team who gave all these promises will stop doing anything apart from coding the smart contract creating that token and going away as soon as they got paid. this is the classic definition of being deceitful and performing a fraud. Not to commit fraud is an obligation. Fraud gives ground to a civil claim too. As for the rest I was talking about moral obligations. Sofar.
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The dump happened when there was internal ordeal between founders. Two founders were not on the board of directors (or something similar) and there was a fight as to wheter they should get them in before change of statute or after. This got public and investors freaked out. Now they signed a memorandum of understanding. Do you think the remaining founders would be so eagor to get in if IOTA was crap?
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Oh I read your posts, and here's what I've found:
Because I don't agree with you, you think I didn't read your post
Because you lost value in your assets, you think you were defrauded
Because things don't go your way, it means someone isn't doing the right thing... right?
No. I specifically mentioned exit scamers and teams that abandon projects or dump their own coins on their community when they are sitting on their rich asses from investors' ETH. Do you have a problem with me being against that? If yes, why, are you one of them? You either didn't read my post or you just aren't very good at understanding words and sentences.
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What will they say when BTC ETF won't be aproved for a long time?
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first of all we're speculators and im sorry you're so easily manipulated that anytime you lose something you feel that someone else must have defrauded you
Did you even read my post??? Seriously.
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And then they dare say it is all untruthful FUD. If this was not true, they would come out with PROOF. You have no argument so you can only make faces. Well done (not).
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They dont owe you anything, you're not an investor. Imagine if you were selling something and a bunch of assholes who spent less than half a penny on tiny little pieces of your products started demanding you increase their value because they think they're the reason you're even alive at all. Unless you bought in with hundreds of thousands at a minimum you're all just a bunch of ants who spent more than they should have
what the fuck do you want them to do for you anyway take time off their actual work to write you a thank you letter? If anything asking devs to do anything more for you is actually harmful to you in the end because you're only distracting them
If we are not investors, what are we, Santa Clause? Yes, this is a new type of investing, not yet regulated, but it should be. I literally translated definition of fraud from our penal Code so go sunbathe somewhere. Of course the other side of your financial loss is their gain, duhhh! Team and devs would never get rich without us so don't go calling us stupid little ants. We have power. It is ridiculous how some people defend scammers. They are probably one of them, afraid of regulation and legal responsibility.
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This topic is not too difficult to discuss, is it?
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And then they dare say it is all untruthful FUD. If this was not true, they would come out with PROOF.
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Looks like this coin is going down for another 5 months. By then I am scared it may tank much lower
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I get really ticked off when people say devs and teams owe infestors nothing. Tokens and coins are not a security, devs and teams can do what they want, essentially investors are just milking cows. Yes, legally in most countries there are no regulated obligations (yet) of devs and teams. But try taking that argument to a mobster and you will see what happens.
This logic is flawed. Devs and teams raised ICO money so they didn't need to sell shares and stocks of their businesses!!! Or at least not as much. They got free money, have their cake and they eat it too. So they have MORAL obligations towards investors at the very least. They will soon have legal obligations too, I am sure.
Presenting situation maliciously in such a way that a person is convinced into decreasing of their assets so that they suffer damage is called a fraud. Frauds are criminal activity and as such devs and teams are criminally responsible for fraud. Example: exit scams. Filing civil law suits is applicable too in case of damages. Too many exit scammers get away because people who were scammed do nothing.
Good work, proceeding to develop the technology and putting it out there ARE obligations of devs and teams. And we get to hold them responsible and accuontable for it. They do not get to slack around and abandon the project. No. They also may not intentionally bring price of their coins and tokens down when there are other ways of financing the project.
Devs and teams CANNOT do whatever the hell they want. Period.
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Is it devs dumping again? Can someone check?
why do you think that is dev? we can't blame them , if you see almost all tokens have dumping now market its very bad People have posted proof it is the devs and the devs have not responded. This token has dumped significantly more than others overnight. In fact some coins have grown.
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AMA with such wonderful news yet the token is tanking even lower. What is going on, are devs dumping again?
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Is it devs dumping again? Can someone check?
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What do you guys think, will the price continue to drop more while new tokens are released?
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Seen the AMA. Q&A part questions are disappearing LOL.
Didn't watch it myself but thats nothing surprising - I've known for a whole now that this entire community of theirs is a sham - notice how despite all the good news the price did nothing except experience a few million DENT dumps? No one's buying the shit they are peddling in any meaningful amount outside of the orchestrated pump n dumps (Jan - April - Binance listing) but the devs sure do love to keep on dumping - and they've got their little band of loyalists preventing any unpleasant questions being asked... You're in deep, deep denial. Not healthy my friend. Seemy more like you are a blind believer.
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If the Dent project turned out to be fraudulent, its coin would be excluded from trading on such exchanges as Binance, Okex, Kucoin, HitBTC, which value their reputation. For any action of his team there is an explanation, I'm sure of it! There might be an explanation, but if they won't give it, we have to go with what we see. And I though IOTA devs were immature but at least they handled their ordeal. These kids simply choose to ignore the investors expressing their concerned telling them to use search function. Seriously?
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I wish everybody had seen Telegram AMA. Is speaks volumes.
Yeah, company is on the way to becoming a very, very big player. Like we've been saying. All along. No. A couple of people tried to get them to respond to scam accusations but they choose not to. So we can assume it is true.
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