most of cryptocurrency is down now,,
and the price of coinlancer is less than ICO price now,,
do you think this is a good time to buy ?
No it's not. CL controls more than 80% of the total coin supply. It's never a good time to buy this scam.and the price of coinlancer is less than ICO price now,,
do you think this is a good time to buy ?
too bad if this project is scam,,
but i read this in coinlancer official website
Jan 17 2018
1. Current Circulating supply (CL) => 58,888,982
2. Team tokens => 15,000,000
3. Unsold tokens => 226,111,018
4. Bonus* => 11,777,797 (taken from team tokens)
5. Team tokens remaining => 3,222,203
6. Tokens to be locked => 229,333,221
7. Final Circulating supply => 70,666,779
*Bonus : We are allocating 11.77 million tokens as bonus (taken from team’s 15 million tokens). This bonus will be distributed among those who hold the CL tokens until the fully functional Coinlancer Product becomes live.
=> Announcement regarding the bonus distribution, steps to claim the bonus & product updates will be given soon.
how can the team control about 80% of total supply if we read in their statements ?
https://etherscan.io/token/0xe81d72d14b1516e68ac3190a46c93302cc8ed60f
It's clear that they have access to these, otherwise they wouldn't have been able to draw from the address which currently holds the supposedly locked 229m tokens. Plus, even if they were locked, they wouldn't be locked forever, and once they became unlocked (if they aren't already which appears to be the case), they would control just over 76% of the total supply.
You can not rationally expect a team that has repeatedly lied not to dump such a massive amount of tokens while making up excuses.
There have been red flags all over this fraud since its very inception and they keep increasing.
This should be stickied and plastered across all ico pages for all to see. Excellent answer. Please all avoid this scam, I considered investing but used my brain. BTCMillionaire is spot on. Kudos
