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Why delete valid questions, regardless of who asks them?
I imagine because they said they were going to delete certain individuals; and now just following their word. They aren't deleting bitcoin-assets crew posts despite the critique, are they?
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Well, that only begs the question "why did they say they were going to delete certain individuals"? Self-moderation has always been the last resort of failed scammers -- from CoinLab to ActiveMining to NeoBee.
It usually prolongs the charade, adds to the lel, but... not for long.
Exactly. This is a scam through and through. You can see from the detailed posts I've made exactly whats going on. They can't delete shit there. The sheer amount of large holders in this project, ones that I keep in contact with on a regular basis, have all thanked me profusely for bringing this all to light. Cryptx are panicking now because what they are trying to pull is all out in the open.
Absolute scum. Both of them.
Here's an excerpt from a post I made earlier that a child could understand about what's going on.
Ok. So look at it like this. Imagine you know a shit lot about computers. And a new computer comes out which runs at 3GHz instead of 1.5GHz, and everyone's like "OMG IT'S TWICE AS FAST THIS IS THE SHIT, IM GONNA PAY 50% MORE FOR THIS COMPUTER AND IM GONNA HAVE THE FASTEST OMG OMG OMG", but in reality, it's not just the processor speed that makes the computer fast, it depends on the number of cores, the memory, the read and write speed of the hard drive, the graphics card ect ect.
So imagine you've worked out that in reality, this computer is actually allot slower than the older models, that the manufactuer has just pumped it up to 3GHz while killing all the other specs to make it look better than it actually is. Now imagine on top of that, that same manufactuer goes around advertising it's the faster computer on the market. It starts to tick you off towards that company after a while.
Now imagine you used to be a stanch supporter of this manufactuer, and you've told all your friends these are your guys, they will sort you out. By not actually coming out when they are trying to pull somthing and trying to stop them, when your friends realise in a few months that they can't keep up with the latest games, their gonna be pissed. It's like leading 100 sheep to a cliff and telling them its going to be safe, and then you find out theres a landslide. You'll do everything to stop it but in reality there's not much you can do, their already at the cliff enjoying the view.
Anyways, the whole point is I'm not the only hearder. You've heard from so many other people that are long term holders of what they are trying to pull, and hopefully it's got through to quite a few. But you've still got your diehard kids who are like "FUCK YOU, I DON'T CARE WHAT YOU SAY ABOUT MY COMPUTER, IT RUNS AT 3GHz AND YOU DON'T KNOW WHAT YOUR TALKING ABOUT"
It's painful.
If people don't believe what I'm saying then just look at what other people are saying. This whole update makes zero sense from an investors perspective. Someone ran the numbers and worked out earlier that infact, ROI wise, investors where two times better off with the old reinvestment plan, and five times better off without any reinvestment plan altogether. Other people have run the numbers and realised the ROI is less than 20% of what's advertised. This isn't just me saying it anymore. But tbh, all I wanted was other people to do their own research independent of what I'm telling them and work it out for themselves. Which has happened. And that I feel allot better about.
So yeah, next bit is why are they doing this? Its the same reason CryptX don't own ANY shares in their own company, because they make money from the fees. How many companies dont have the owners or CEO's holding a stake in the company?? if you had a server farm, is it not the last thing you'd want, as having the guys who manage it, having their only income as through how much electricity they can generate??? it sounds crazy doesnt it?? but this is exaclty whats happening. Their interests are aligned completely opposite to the investors.
And yeh. if you look at the ONLY benefit towards their strategy of reinvestment, it's that it increases fees at a sliding exponential rate and then stabilises them, all in all killing ROI for investors. To me, and to a few others, this is the most obvious thing, but some people just can't see past the two dimensional aspect.
Anyways, it's pointless now, the IPO has started and they have restructured the company without any say so from investors. In three months time all those investors are gonna be absolutely fuming when they realise they can't even play the shity games, and the manufactuer has robbed them.
Anyways. Whatever. I'm slowly starting to move on, I've done all I can do. CryptX is now deleting all the posts that explain to investors what's going on, and the only people left are the shills who can't see past the whole 3GHz sign.