Holy s**t. Click on JollyGood's trust link.
Look at the feedback he's sent out over the last few days.
holy f*****g s**t, indeed. WOW
i always knew he was a fudder but always kept a small dose of "will hear what he has to say"
and a definite ignore to all the fudders.
about the project - if it fails - oh well, not the first one; if it makes some progress - great
I feel the same way. Investing in any crypto is risky, full stop. I you had invested in BTC, ETH, XRP, LTC...etc in January/February of this year, you would still be in the red.
The point is you can lose money on almost any coin.
The most favorable aspect of MNX are the parking rates. Of course the parking rate system only works if the value of MNX doesn't drop more than the interest earned.
Therefore, buying at the right time is a calculation everyone needs to make. It's pretty obvious that the trajectory of the MNX price hasn't exactly matched the white paper's predictions.
Predicting human behavior is extremely difficult as humans are both irrational and emotional. Just because the MNX team was wrong on a number of things, doesn't necessarily mean there was ill-intent involved.
Hanlon's razor:
'Never attribute to malice that which is adequately explained by stupidity'
I'm giving the MNX team the benefit of the doubt that they will adjust course according the realities of the market. However, I'm not holding my breath. Investing in crypto should be fun, I think that point gets lost on many people. As long as you haven't invested any more than you're willing to lose.....you'll be fine.
If it works....bonus. If it doesn't....move on.