The ICO was held in ETH and ETH is -60% since ICO. With their current holdings (according to numbers and projection from transparency report) they could buy give back all the ETH raised and still own some millions
- The market cap below book value is an interesting thing and happens in stock markets as well. The general advice by most stock traders is to buy in these cases - but of course stocks work differently than crypto currencies.
- I have not read any message that they bought a villa in Costa Rica. Last thing I heard is that the place they're working from (and seen in the videos) is rented. Can you point me to the source of that information?
In the transparency report they claimed to still have about 12 Mio. USD in assets, which is about the same value of their ICO. This is a sign for a good and healthy diversification strategy.
I think the developer funds are needed to develop the platform, blockchain, technology... Nimiq is not a dapps platform, so it makes no sense to look into dapp success on the platform.
I don't know if the 250k figure already contains marketing expenses. Proper marketing is nothing that you turn on and get within an hour or days, it's something that takes months. So it could well be that marketing expenses were already included. In fact their transparency report states that 22% of their expenses were into marketing and community building.
It needs a proper financial plan to run a mining pool. That is the same for other currencies. Try to start a bitcoin mining pool and tell me how much you earned vs. how much you paid after one year...
8. They keep lying that Robin is doing a secret top notch research, while he left the project.
You are claiming this over and over again although it was already stated to be false. If you can't provide any inside info nobody else has that proves your claim, shut it up.
10. They use a trading bot to create fake volumes and set the market cap at fixed 2 million dollar.
11. Nimiq REAL VOLUME is less than ~ 10,000 dollars, the rest of it is FAKE VOLUME generated by trading bots.
Nice claims, can you prove them?
Also, what would be wrong if it is true that they buy back to hold the 2 milling dollar market cap? This gives safety to investors as they won't loose everything if they can always sell at a fixed price.
First you complain about them not doing marketing and then you complain about them doing marketing. Also, you lack proof here again...
I am pretty sure I've seen more than 30 people in the community. I've seen more active users on Discord and the blockchain shows more than 6000 active accounts with a balance of more than 1000 NIM.
Where does it say CPU mining only? I think they were outright honest that at some point there will be GPU miners or even ASICs. They just chose their algorithm in a way that makes them not 10 times more efficient. In fact, numbers from GPU miners suggest that their Hashrate/Watt is similar to good CPUs.
Technically, there is no killswitch. Most of the nodes running in the network are not hosted by the Nimiq Team. The fact that, due to their browser technology, every browser becomes a node in the network, results in it being pretty much impossible to turn off all nodes, because it is so incredibly easy and lightweight to start one.