Disregard logic. Keep buying at ATH.
I said, I will watch. And, it`s logic. Problem is: If I would write in detail what for me seems as a possible red-flag, I would be perceived as a Fudder. And yes, I could be wrong. But I know, that it is very easy to make "profit-on-paper", but very hard to get out soon enough if there should be something shady.
And regarding "buying at ATH"... just saying Voot. ;-)
Lets hear your opinion.
I`ve red the White-Papers. And what I see is a focus on nice pictures and graphs and at the same time there are a lot of mistakes in writing. Not mistakes like I make it, because english is not my native language. I see a lack of thoroughness and I don`t want to see that in a Whitepaper written by Programmers with longterm-plans. I see a picture of the "Librex-Exchange" and it seems like the Website of Mintpal with little changes. I see the picture of the ATM and the promise to spread various Machines at strategic points around the world and nobody asks about all the circumstances. Costs of the machines. Costs to spread them around the world and legal aspects etc. It`s not that easy. It`s not just about the programming of ATMs.
And why? Reason: To
recognize Librex as an alternative to Bitcoin! Every Investor likes to see this. But there should be other reasons. If I pay for such machines, and pay for the flights to get them around the world, and all the other circumstances, there have to be a need for it. That should be a business not just PR. That`s one of the last steps of a Crypto.
Generally I see a lot Intention to hype. That doesn`t have to be bad. If I would make a Coin I would also want to generate attention. But why all at the same time and this huge? Even if they develop all this, it will need a lot of time and testing. But in that time, the price won`t be stable at a high. It will be pump and dump. And that means: You will never know when there is the right time to get out. And you will never know who dumped.
And thats why I will watch, but stay out until I`m convinced that this is not just hype.