There were plenty of icos who already were not allowing is citizens well before the sec ruling. It was written in those icos terms and conditions, and BEFORE they ran their icos they did their due diligence. They didnt start researching legal issues in the middle of the ico, while they already held investors funds hostage.
Any moron can see these are no nos in business ethics.
Could you please stop whining! You're not the only investor and you do NOT represent the voice of all other investors. I had you ignored but you keep persisting with your FUD, so I had to reply.
You had a chance to get your refund, get it and go invest in something else or stay here and support the project and the team. But what you're doing now makes no sense. You are spreading FUD and that does noting but serve your ego.
So again, please get off this thread or stay and support with constructive criticism and/ or recommendations but not with FUD.
And thats precisely what an uninformed investor would say. Instead of answering intelligently and with class, you all claim whining, fud, and claim old info, such as "you couldve gotten a refund for a week." no i dont speak for all investors, but there are plenty, who now getting information since the first refund, COULD entitle them to another refund.
These are the facts about mass so far:
1.good idea, pos and masternodecoin staking.
2.ended preico prematurely due to a whitehat hacker saving the day and buying remaining 3k ether thus "technically" closing preico, due to the terms of the contract.
3.refunds were then announced to anyone who wanted one "due to people complaining their money wasnt safe." there was 5 days to get refund.
4. It was then stated, there would be a community vote of all mass holders as to if they wanted to resume preico. Most were for it as it still didnot seem resuming preico would affect ico resuming by mid to late August.
5. Then, out of nowhere, investors were Told mass had made a decision, Their decision, that they would be seeking legal counsel over the "surprise" sec ruling. Delay. That was August 3rd, when the announcement was made official, but well a week after refunds had been furnished for a previous delay.
6. I am typing this on August 19th, 2.5 weeks after they announced their legal issue, and there is still no word on anything. 16 days for these lawyers to figure out sec ruling? Wow. Delay.
7. This is when they just shouldve refunded Everyones money because what if lawyers come back and say mass is a security, or to err on safe side its perceived as a security, what is mass going to do just refund us ppls ether? How?
8.if preico resumes, its looking like end of August.
9. After preico takes a minute to finish, it appears as though actual ico would continue sometime in mid to late September, which means they have now delayed start time by at least a month and a half, if product launches by october.
Those are facts. Not whining. Its irresponsible to hold anyones funds for longer than originally stated.
People get into icos based on what the developers state. Those who got into dcorp knew their funds wouldnt be released until October, so they planned and invested accordingly. As im sure many of those who invested in mass did so based on the ORGINAL timeframe mass stated.
The reason why there is so much written and speculated on these, any, icos being scams is these developers are able to get away with not being fully transparent, which i thought what was this whole blockchain was supposed to foster.
