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https://icoholder.com/en/kryptoup-27058
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I went through the whitepaper and the concept seems really nice. I have a question regarding safe trade.
I understood that the price goes up every 24 hours as per the algorithm. But if there is a pump and dump, the price will go up as much as the pump goes but while dumping, the price cannot fall down more than 20% from the highest pumped price. Is this correct?
I understood that the price goes up every 24 hours as per the algorithm. But if there is a pump and dump, the price will go up as much as the pump goes but while dumping, the price cannot fall down more than 20% from the highest pumped price. Is this correct?
Yes, you are right. Pumping is possible but dumping is limited to 20% maximum from the peak price of the pump. That 20% will be set as the new MTP (Minimum Tradable Price). And then again, the price will start increasing every 24 hours from the new MTP.
Yes, scams are rampant in crypto nowadays and I totally understand your concern. Details of the team is available on the website. If you have ready my previous reply to 24Kt, you will understand why we are not revealing any further details. I hope you will understand. Main problem is that, market manipulations are done mainly by very powerful people, agencies as well as some nation states. There are so many fake news about crypto trying to create FUDs, thereby, inhabiting the growth of cryptocurrency market. What we are doing through this project is in favor of everyone in the cryptocurrency space. It is not just you or us getting rich, this is about everyone getting the opportunity to rise together as a community. And this seems to be exactly opposite of what the market manipulators want. Hence, we have to protect our families.
How are you expecting people believing in this project if we cant verify the team?
This is the website info:
Our very talented and experience team members are:
Andrew Smith - Admin, Lead Developer
Nguyen Van Lu - Web Developer
Benjamin Muller - Computer Engineer, Server Admin
John Smith - Marketing
David Brown – Marketing
No pictures, no LinkedIn profiles, ... ?
The reason about protecting our families is very poor. If you are creating a business you have to provide your identity.
the development of this project is very interesting with a system similar to altcoin monero. of the many projects that I have seen this project has a different movement in the ico which every day will be added to I have seen this project site, with a high certificate of trust. I think we have to contribute to this project to help other altcoins stabilize prices again.
I see this project has a good system, and also on a trusted website. this project will greatly help small investors to get maximum results from their investments. because today many people manipulate the market, many investors lose their money. with the belize system on the kryptoup project https://kryptoup.com/. I am very interested in this project and will help with its progress. Good luck! 
I went through the whitepaper and the concept seems really nice. I have a question regarding safe trade.
I understood that the price goes up every 24 hours as per the algorithm. But if there is a pump and dump, the price will go up as much as the pump goes but while dumping, the price cannot fall down more than 20% from the highest pumped price. Is this correct?
I understood that the price goes up every 24 hours as per the algorithm. But if there is a pump and dump, the price will go up as much as the pump goes but while dumping, the price cannot fall down more than 20% from the highest pumped price. Is this correct?
I like the features but where is your team? Checked the whitepaper but there's no mention of who is behind this project. Are you legally registered crypto-exchange? I think, that should be a must to acquire credibility from users aside from those features that you mentioned.
Hi 24Kt, we are glad that you liked the features. We are a team of 5 people and we are based in Belize.
There is a reason we chose Belize. As you might already know, market manipulation is caused by many factors which involves really big players including some nation states. Many agencies have already tried to manipulate the cryptocurrency prices (mainly Bitcoin) using manipulated news and have succeeded many times. It is not a secret anymore that bitcoin and other cryptocurrencies like Monero are threatening their agendas. What we are doing might not be liked by them as our features are in favor of the cryptocurrency community and has a huge potential if backed by the community. So, we have to maintain our anonymity to protect our team, family as well as the company. Belize maintains the anonymity of the company shareholders. I totally understand your concerns. I have tried my best to explain our reason behind not disclosing the team. I hope you will understand our situation and hopefully support our cause. Thank you.
Ok, thanks for explaining your end. It means, you are registered in Belize? Given that you have your reasons not to disclose your team members, at least give us the info where you are legally registered. It should be a known fact regarding your legitimacy. You should understand also that potential traders should know such info because you are dealing with their money. And most of the time, it's their hard-earned money.
I like the features but where is your team? Checked the whitepaper but there's no mention of who is behind this project. Are you legally registered crypto-exchange? I think, that should be a must to acquire credibility from users aside from those features that you mentioned.
Hi 24Kt, we are glad that you liked the features. We are a team of 5 people and we are based in Belize.
There is a reason we chose Belize. As you might already know, market manipulation is caused by many factors which involves really big players including some nation states. Many agencies have already tried to manipulate the cryptocurrency prices (mainly Bitcoin) using manipulated news and have succeeded many times. It is not a secret anymore that bitcoin and other cryptocurrencies like Monero are threatening their agendas. What we are doing might not be liked by them as our features are in favor of the cryptocurrency community and has a huge potential if backed by the community. So, we have to maintain our anonymity to protect our team, family as well as the company. Belize maintains the anonymity of the company shareholders. I totally understand your concerns. I have tried my best to explain our reason behind not disclosing the team. I hope you will understand our situation and hopefully support our cause. Thank you.
Sounds like a valid point to me. Very interesting project. I'm in.
I have some questions but I have to leave now. I'll ask later on.
I like the features but where is your team? Checked the whitepaper but there's no mention of who is behind this project. Are you legally registered crypto-exchange? I think, that should be a must to acquire credibility from users aside from those features that you mentioned.
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