So glad I didn't invest in this. Jumped ship on ICO day when this incompetent greedy team randomly increased their market cap by 50%!
Funnily enough the current price right now would be the previous buy in point had they not pulled off this ridiculous move, instead people are down by 50%.
These guys are academics not innovators. Looking into the CEO's history is quite shocking. I wouldn't trust him with a remote control.
I hope you guys will be able to get your investment back and not make a loss eventually. Best of luck.
Sorry,but i still don't understand why you are so upset...not every investment gives huge returns straight after going on the exchange....give it time let the team work.Some investments need a time to make real return,or you expecting just pump and dump?
You misunderstood. I'll make it simple:
a) I didn't invest. I was going to
b) What you're saying is nonsense because as I've already outlined if Enigma didn't pull that move of increasing their market cap by a whopping 50% on the day of the ICO you:
1) Would not be down on your investment today as the tokens would have cost 40cents each if I'm correct. Right now that 50% extra was taken from you for no reason and practically went to the pockets of the ENG team at your cost.
&
2) People wouldn't have dumped and gotten out had they not pulled this move. Enigma ruined their reputation and pissed everyone off with their irresponsible actions. No one wants to invest in a project like this as you can tell and current people holding wanna get out (generally speaking).
I'm saying the way the team acted, the decisions they made were as unprofessional as can be, a total slap in the face of early token holders. Enigma had a potentially great thing going and they royally screwed it with greed.
It's business and if they acted like this in the beginning I don't see how they have the know how to properly execute in the long run.
Their incompetence has been highlighted in more ways than one. If you like I can also elaborate why I certainly wouldn't trust the founder as he's displayed a lack of technical ability.
Another member once mentioned the worst attributes in a team you're investing in is incompetence and greed. And honestly I have never seen any other team that excels in both those characteristics more. I'm not speaking out of my ass either. I'll gladly explain this further if you like.
c) Clearly this has nothing to do with expecting a pump and dump or needing time. Enigma is down 30ish% directly because of their actions, nothing else.
I still think you'll probably make a profit. But it is going to take a lot more work and time now. If I was you I'd hold and see what happens in Q1 2018.
edit: typo
