The situation has simply created a scammed class of BTC investors that get to hold the bags while BTCD swappers scramble for the exit lol
I suggest you stop using the "scam" word. Someone might take offense to it...
Don't be upset bagholder, if it's any consolation I think 6k is the floor
Well what is Bitcoin at when it is at 6K?
The price hasn't really changed from what I see first time I looked a few weeks ago KMD was 10 cents, and 9 cents was the high today. If you need to check this info just look below the price at Bittrex it will help you understand the value of a coin vs Bitcoin. https://bittrex.com/Market/Index?MarketName=BTC-KMD look for the dollar symbol.
If you bought in when Bitcoin was at $700 and you do some math now you might notice the dollar amount is the same. Had you held your Bitcoin and sold at $1300 that is what you missed, but it should be about the same value now. No one would sell for a loss and anyone who is selling is getting Liquidity on the chance that Bitcoin goes up. It is called a market. You can be hedged in KMD hoping it takes off and make money from the move. Then it augments your Bitcoin profit or value.
4 Months ago I have invested my funds in KMD, ETH and Dash. $700 to $1300? hm, OK. Majority of people here considers BTC is the only currency out there.
I did not sell my KMD for only one reason, high entry point. Most of the other ones are sold already.
It's not the question of how BTC goes, it's how the team sells the product. What I see here is just wait and wait and wait for the final version when everything works. Is it a good approach? I do not know.
What I know is others keep selling expectations remarkably good, while here, we are waiting for the final release of something new and revolutionary. Week by week. And when its out, so what? We knew it was coming... With no marketing as it is (please don't quote those 6 months old posts) KMD is up to absorb all non-believers and margin traders taking a lose. (Thanks JL for taking that bot out btw, otherwise, community would have to deal with your fees too).
I have no doubt this tech would succeed, but if you look at what WAVES and LISK did, I feel a bit ashamed for telling my friends it could be a good investment.
I do not know about others, but I see no marketing at all. You guys can say what you want (no funds as always) but when I see stupid "bitcoincasino.us" ad 20 times a day I want to check it out.
Not a frigging gambler, but I do...