Looking at Coinmarketcap, the volume on Huntercoin increased dramatically in the two weeks leading up to the announcement on this thread. Since Huntercoin is being used in the swapping process, it would seem like some members of the team potentially started accumulating coins just before information was released.
Most days in the previous 2 months were under $1,000 in volume, with only a few days over $5,000 in volume between the end of October and end of January.
In the two weeks prior to this thread being created the volume included multiple days surpassing $36,000. That is some very interesting timing.
I'm not making an accusation to OP, since from my observation he has always seemed like a stand-up guy. I would like to understand better about this suspicious timing before investing in the project. If it's just chalked up to coincidence, I would suggested Huntercoin not be included in the exchange process.
I definitely bought some, and I imagine a couple other team members did, but unfortunately we're pretty poor. Combined, our Huntercoin stashes do not come near $36,000 worth. I don't even have a quarter of that to my name.
The intention with burning is to reward and maintain the historical Huntercoin community, who are responsible for most of the volume. I did tell people on social media that something pretty cool was going to happen and hinted at it in this thread a couple times. We're banking on the success of the BTC component of the crowdsale, however, in order to accomplish our dreams of decentralized gaming. We're not going to quit
If you look at the volume leading up to this thread being posted, its hard to refute that people were essentially trading on insider knowledge.
I've known about Huntercoin for years, but just came across this project. I was excited to invest and was going to buy Huntercoin in preparation for the ICO. The fact that many people got a head start on accumulating coins seems extremely unfair and gives lots of control to whoever had advanced notice.
advanced notice? HUC itself is most undervalued alt on Polo. it is still less than 500k USD cap i think.
all alts price are climbing ups and downs, let alone HUC lost 40% in BTC pair even with this post.
Yes, advanced notice. It means people knew in advance they were going to be exchanging HUC for the new project. Please explain to me how that isn't an advantage.
So, it wasn't an advantage, and it just so happened that two weeks before the thread the trading volume went up drastically? I don't think you need to be Sherlock Holmes to tie that together.
The current market cap is irrelevant and saying its undervalued is subjective. Perhaps you were one of the accumulators....
Afaik.. no one has bought any hucs on the team. I havent.
If they did they probably spent less than a btc
I just checked polo graph and there doesn't look like anything suspicious to me.
What you may be missing is that for the few weeks running up to this OP was that we were posting in the huntercoin thread that an anncoucement was going to be made very soon.. may be 10x +
This probably attributes to the raise in hucs then.
In any case you can buy hucs now for less price than the times leading up to it.
As to why they can exchange huc for chi :
It's more of a morals thing.
We have long timing supporters who have supported us since day dot.. had sympathy for us (for being legit i suppose) and believed in us as a team.
We are the good guys (not many in this crypto world).. we don't let people down.
On a train writing this .. excuse any errors