That is quite possibly the dumbest statement ever made.
You only received one request after you floated the 42 BTC buy wall idea....of course you only received one request
So basically, dev team give the public a false ICO end date and advertises it as official though knowing full well Bittrex has not acknowledged this. Continues to make it official anyway. Initial investors complain. Bittrex explains the situation and basically clears themselves of fault. Dev team teases community with a potential earlier ICO end time, nothing comes of it. Instead of dev team respecting the investors & telling Bittrex Exchange to immediately close the ICO, they resume it and ignore their previous statements of a potential earlier close time. To make matters worse, Dev team hypes up a potential buy wall upon market launch to reel in more investors, and it works as more invested at this time. Coin launches, no word from devs during a critical time. Now, devs basically confirm there will be no buy wall.
Typical bait & switch.
TO SUMMARIZE:
- ICO extends due to devs lack of communication with Bittrex Exchange. Devs give false ICO end time and brands it as official.
- Instead of immediately ending ICO as respect to initial investors, devs decide to resume ICO extension
- During the extension, Dev team hypes up a potential 'buy wall' upon launch to get more investors. It works since BTC investment from original ICO close essentially triples.
- ICO finally ends
- Trading starts, there is no word from the devs during a critical time (launch)
- Investors waiting for buy wall, but is impossible since devs have not received funds from bittrex
- Dev tweets (quoted) above basically confirming that there will be no buy wall since it was just a 'probably' completely disregarding the fact that of course no one will request a refund after you mention of a buy wall
If this doesn't seem scammy and shady to you then I don't know how else to explain it.
I only put a tiny amount of BTC on this so I can take a 100% loss and not even flinch.
But for everyone else, I would HIGHLY ADVISE you all to contact Bittrex Exchange and request them to return the BTC funds by setting up a buy wall of the total BTC gathered from the ICO. So 90+ BTC buy wall. I can tell you right now there will be NO buy wall IF the devs get the BTC fund as confirmed by the devs themselves:
...we have not received the BTC from Bittrex yet, therefore no buy wall is placed. Second, we only received one refund request, so no need for a buy wall..
This development team is supposed to be a real company and so far they have shown shady tactics & pure incompetence before & during launching a new project.
