For the average punter (like most of us are I would assume) the whole Bitswift/Blocknet complex is one giant bloody scam from the looks of it. I had more hopes for Blocknet until the Poloniex/Bter free-trade scam. That's not even subtle or thought out, rather like hitting someone in the back of the head with a rock and taking their money. Most the ICO scams these days at least attempt at sophistication. From the ever increasing volume at Bittrex I guess they were right not to worry. They're set to steal a million dollars; likely the last big steal before the new regulations start in.
Of course they go on how there's nothing wrong, nothing to worry about, everything's fine, here we go the moon. Right. For the devs over there who grabbed up bunches on Poloniex, etc. cheap while the rest of the rubes were paying ICO prices on Bittrex.
Don't believe me caused I'm biased towards certain overly cute bear like fellows from China? Fair enough, but here's the Blocknet thread to back me up unless they've cleaned things up a bit since earlier. The scam is talked of on Twitter as well, not just me making up things.
https://bitcointalksearch.org/topic/annblocknet-truly-decentralized-exchange-token-ecosystem-infrastructure-829576
I think the dumping is over and we are on our way back up! Glad I got some orders filled below ICO!
Might take a little bit, but considering this coin is part of the blocknet and it's still young with a huge roadmap of features, I see nothing but good things for this coin. Sometimes a bit of a shakeout is necessary.
Lollll what is the problem with that ?? If people are enought stupid to buy ICO at a price and sell 2 minutes later for cheaper, its there problem...