I'm still not understanding why the dev doesn't buy at least a few million coins himself? At this price, a few thousand dollars could buy up nearly all the coins on ccex so why would the dev not be buying them?
The dev would rather sell the coins to the public for fractions of a penny per coin rather than buy them himself at this price? Does this make sense if he really believes that this coin will go to the moon?
If you were the dev and you believed this coin would go to the moon, wouldnt you buy up most of the coins yourself?
Until that question is answered I'm afraid I have no choice but to believe that this coin is a scam.
I'm really not Fudding people, I'm just concerned and seeking answers. If this coin is legit I will happily sink a bitcoin into it, but at this point it's just smelling kind of fishy :-/
There are too many ico around.
If you are interested in buying the coin, wait until after the ico.
It will be much safer
this is a really good ico tho , if market cap only becomes 13M
you have 10% of the coin for only 2.21 BTC also meaning that market cap will only be 7300 USD!
that is less than top 200 on coin
http://coinmarketcap.com/realistically this will get a 100k market cap minimum , which would give us a price at 2300 sat
Does that not sound crazy? that is more than 13.5 x increase in price.
which would mean , a 0.1 BTC investment would give you 1.35 BTC if this goes to 100k Market cap.
" BUT.. BUT its ico dude "
I agree that ico's may not be the best , but here the devs arent making to much, their gonna have to pay C-CEX for their escrow , their gonna have enough to develope the coin. Hell , this is just what i think guys but in my opinion if you wanna make an investment this coin is the way to go. I'd say its 95% risk free i dont see this going below 7k USD market cap , there is no coin existing with an active developer that got that low of an market cap unless the coin is really bad that is.
Thanks for reading! Keep in mind this is just my opinions if you dont invest purely because of this , do your own research and invest carefully