Topic: 🚀[ANN] Nexium [NXC]- Beyond the Void: First blockchain RTS - page 137. (Read 227482 times)

I already told you so in another message. When you release dev wallets public, and those have a big % of shares, any minor movement will be used by the whales to dump hard the price.

I tell you what I think, they saw inflated prices at the start and decided to sell a small part, like 2-3M. And it's a clever decision, because NXC in the launch at 5-7K was overvalued. Now they don't wanna show the wallets because those 2-3M would be missing, and FUD would go to the next level. "Look at those, dumping dev coins to the investors!!!"

Lots of well-known and reputable projects have been dumping coins secretly for development. And now you say: Yeah, but that was the first day! And I say: yeah, but the price was clearly manipulated high and the volume was big. The moment to sell some was then.
Now don't get me wrong, I'm not defending a full dump of 15M. That would be a disastrous behaviour. But I defend a 2-3M dump, because funds are for that, and the price was too high.


I was following the price action and the orderbooks all the first day man. It was a clear whale manipulation to make noobs buy "the new polo thing". Everything was bullish until they put a 150 BTC sell wall and crashed the price. The following days, they kept dumping, dried the buy orderbooks and so on. In addition, BTC was rallying hard in that time so it was more easy to supress the price.

That is the classical price supression dumpage after Polo add man. Important projects that now are rocking hard followed the same pattern. Factom, XEM, AMP, ETH, ... were all dumped to hell during weeks and months before making the big rallies. There's nothing strange or suspitious in NXC behaviour that we haven't seen other times.


To finish. I agree with you, there should be a richlist and full list of transactions. But all this complains, you should ask them personally, instead of spreading the FUD here. You're shoting yourself in the feet. Whales are very aware of the emotions that bitcointalk topic shows. If they see FUD here, they will supress the price even more and make scared little investors sell at a big lose.  


 

This is what we call a scammer, if they have sold 15M without a word, then they have fucked you as an investor and i can't accept it.

If this project will have a future then they have to give us a screenshot from all wallets, or any other evidence that give us a better light of the situation here.

When i done the investment for this coin, i have read everything careful and i agree that this was a good coin to invest in. But then someone found out that 15M missing and the dev's have only hold there mouth shut and not answer the questions then it feels scam to me.

/X

If you are with me, why don't you want them to show their wallets? It is "so what" because you bought your coins cheap, not everyone did do that. If the devs sold it is not a smart move, you dump the price, you scare people to invest when you sell millions and people get stuck bagholding something that very likely would had a higher price if they didn't sell.

I would call this greed and actually scammy move if they did that, this is one of the main reasons I want to see if they actually did it. What other projects have you seen that instantly would sell parts of their share that they just released? Or any that doesn't have a richlist/full list of transactions that actually became something more then a PnD coin?

Even if they are still working on the game, it doesn't excuse such behaviour, you just do not do such moves when you asked people for their money and crash the market as soon as it released.

So you seriously think is OK to sell 15M ? and let the price drop for all the investors ? are you for real man?

Haha you're really hard man

Look, I'm with you, I think they sold some M during the crazy launch at 5-7K. So what? It.s a clever decision, 6K for a project that hasn.t released anything is overbought. I w ;)ould have done the same, to rebuy lower.

In fact any of this matters man, what's really important if they are developing the game in the accorded timeline, which I know 100% that is true.
Who cares if those 15M are in dev hands or in whale hands? Success of failure won't depend on that.

I tell you, better pay attention to human values, they can give you much more reliable info than a blockchain richlist or any other statistical shit.

and the fact that Poloniex have start an investigation about this. They want to know where the 15M is otherwise i believe they will cut the life line on this coin for that exchange.

And if you not believe in this, is your choice of course and you can still baghold and cry when the coin is delisted because of the devs not tell you where they have the 15M ?

But as i told, is up to you!

It is clear that you hold a nice bag of coins, good for you, but 15M hidden coins of 66M possible is not irrelevant. No richlist, only possible to see latest 200 transactions, way to promote this to being honest.

Things that might totally irrelevant to you might not be for others, the fact that you sit here and defend it doesn't make me go away, just makes me want to continue to question it until they actually come forward with the truth of showing the addresses.

Have a nice day!  

Lol. And you keep repeating the same and the same over and over again. Pure irrelevant facts.

Look man. What is your problem? You don't trust in the team? Then SELL. It's very very simple.
You trust in the team? Then BUY, because the current price is dirty cheap.

Now, if you don't trust because they don't show you their PERSONAL adresses, SELL man!!! Damnit, it's so simple for god sake. They are not gonna show you their adresses, and I prefer so because of the reasons I mentioned above.

If you don't know to differenciate an scammer to a good and honest team, it's your fucking problem. Usually information is not 100% clear and you have to decide by yourself to trust or not. Otherwise any robot could be a great investor by just following 4 simple rules.

Now stop shitting this thread man. Sell your coins and get the fuck out.

Ha ha BEEF no matter how many accounts you make we can easily track you.  I fell sorry for this thread  when you will decide to unload your bags.

SLACK will not give you the answers you looking for. if devs do not want to discuss it here, why would them discuss it on SLACK ? If i was a Dev in here i have put all the cards on the board and let us know where the coins goes.

Hello, you should try to turn off your capslock and try to be friendly to others, yelling and screaming because people say stuff that you do not like doesn't get you anywhere.

Being transparent is showing the 15M coins that they hold or tell us if they sold it when the market came online, hiding funds is not being transparent no matter what you try to make out of it.

We do not even have a richlist which 99% of the other coins do, we can see the latest 200 transactions, how can you guys sit here and say that this is being transparent?

It is understandable that some people here sit and defend this behaviour because they invested in the project but you need to be realistic about what is happening here. DEV's possibly sold alot of their millions of coins and dumping on their investors and pushing the price down as soon as they had the chance. I am still waiting for the dev's to stop hiding from hard questions and actually adress this asap so people can move on and get a great game developed with honest dev's behind it.

You guys should read smokim87 post on the other page, actually someone that invested but still understand that what they are doing is wrong.

 
Xnyz and Xtrata PLEASE SHUT YOUR FUCKING MOUTH DON'T SPREAD SPAM HERE. NXC IS JUST STARTED AND IT WILL BE 10k SOON. IF YOU HAVE PROBLEM SOLD YOUR ALL COINS AND LEAVE THIS PROJECT..
YOU ARE TALKING ABOUT 15M NXC JUST ASK TO OTHER COINS LIKE STEEM AND ICN ASK THEIR DEV HOW MUCH COINS THEY HAVE WILL THEY TELL YOU. NEVER!!!.. JUST GROW UP ..
NXC MADE MOST OF THE THINGS TRANSPARENT ..  ..

To be honest guys, i'm not a troll that people think.

I still want answers and as long the devs not answer then i can´t take this coin/project seriously. I bag hold about 2M coins and as far they not giving any answers i only see one way to dump the coin down to 1200 SAT to be honest.

Right now i just sit here still in the boat and wait for a fucking answer about the 15M coins..

Look man, first thing, these devs are not anonymous by any way. You can go to Lyon-France and visit them if you want.

Second thing, you are angry because you made a bad decision by buying at 6K-7K when there was any rational reason to do so. You should investigate more before trading because this world has nothing to be with blue chips of S&P 500.

Third thing. I explain you, because seems that you don't know how this works: Devs hold a big % of shares in this project. In these wild west markets, ANY minor thing will be maximized. Any minor development will push the price high, and any minor FUD signal will push the price down.
Devs have 15M of PERSONAL coins (yeah, it was in the ICO, that is their share. If you don't like it you shouldn't have bought). Now imagine that in 6 months, Devs decide to sell 1M, just 1M. If this information goes public, believe me, there would be a MAJOR unreasonable dump. How I said, this markets are full of whales and they will take advantage of any situation. The FUD appears quickly, and devs dumping coins generates tons of FUD and inestability in prices.

So yeah, I prefer that they keep those wallets private. They are developing the product, and I understand that they should have a major share of it, as any other business. If you don't like this fact, I don't know why did you bought NXC, or ever worse, why the fuck did you bough it at 6K-7K. 

Nexium is based on a blockchain that is transparent.  If it were based on zcash or monero I would understand your concerns.  I have been checking out the nexium blockchain in the last 2 days and all my questions are being answered by the team.  I think it is possible to have transparency while at the same time have privacy.  I watch the addresses of the top ICO investors, but I don't need their names. So far I found out that what caused the Nexium price to decrease when it reached Poloniex on 12/20 was caused by three whales (of which two have connections) having more than 1/3 of today's total balance on Poloniex. I can imagine that on 12/20 they probably had closer to 90%.  But I would not know this because I cannot see the complete history on Etherscan (only shows 200 transactions).  If anyone can help me to find a way to get those hidden transactions I could find out more.
I agree for transparency, but especially regarding bigger issues.  Half of our money is being taken away by criminals through what they call taxes, and we don't even know what they do with it.  Reasonable guess would be that they squander it to promote war and regime change all over the world.  So being upset at a small team because of some petty cash we invested is not my priority.  Besides, they have a reputation to maintain especially since they are somewhat connected to Everdreamsoft.

I think that reasonable price is $1

Yeah and plus anybody who buys a coin right when it gets on an exchange is the stupidest thing ever.  RARELY ANY CRYPTO GOES UP THE MOUNTAIN WHEN INTRODUCED ON AN EXCHANGE.  Now here we are...........at the RIGHT price, follow someone who is successful in investing like Tim Draper.  You know what he says?  "You only lose when you sell."  He was proven right buy buying 30k bitcoin at 800 dollars, took a while but he won the call.  All you NXC holders can jump off if you want but if you really wanna see some historic shit, the BEEF is calling success on this bad boy right here. 

GBT

Which anonymous devs started an ICO and collected as much as NXC devs did.

I do believe transparency is a must, people invested into this project would like to see exactly what happens with their funds.

I work at a big assets management company, managing over 90 Billion in assets. We release annual reports that include details of what we invested in and P/L from every investment. Full Transparency...how do you know funds aren't being spent on personal things or if it's all gone?

Sorry but "just trust the devs" is idiotic and ignorant, if you're going to trust every dev here then you're going to be homeless and broke really soon.

I am not fudding or hating on NXC so don't come in guns blazing calling names.

If the devs don't have anything to hide, why not post full details of the addresses they hold all coins, expense reports...etc

I also would jump really quick if they sold their shares in NXC that just shows me they don't believe in the project. If they indeed dumped part of the 15M NXC without letting everyone know I would also be worried.

Trust me, no FUD here that is bullshit affects the price at the moment. Most buyers are at a 5x or more loss (me included) which isn't worth selling anymore so easy on screaming FUD everytime someone questions the devs actions, they aren't always right.