i dont mean to FUD .. i bought FRSH at 3300.. and till holding.. is this coin a scam.. dont have a lot of time to do research..its just being dumped!
The people dumping are not long term investors. It is more likely that they are used to following p&d's and need to sell in order to follow the next one. This thread has more views than any other new coin thread created in the last couple of weeks. It did not get pumped as some expected due in part to the dev who put the brakes on any pump by holding back on hyping the coin and staying somewhat aloof to work on wallets and begin alpha testing.
I feel that dev is not out to "get rich quick" and kill the coin which is what a p&d would have done by leaving bagholders at a price that may never be touched again. The dev has attached a somewhat reputable sn to the op (full member) and perhaps doesn't want to jeopardize both reputation and project. This is to be respected given the circumstances of most coins released in any given week by anonymous devs who are not held accountable by the community and are blindly embraced in an effort to make a few satoshis. That being said, this coin hasn't experienced a great "dump" that would justify the current price. The price has been slowly chipped down by impatience while a majority of those in the rich list have held. It wouldn't take much to get the price back. If savale posted tomorrow people would start trading again as if nothing much has happened.
In my opinion, the coin is a great opportunity and it would be rather foolish to throw it away as a dev. The thread is getting more views and attention than the number of posts here reflect, the op is very clean and presentable, and the ideas are not clones of clones of coins that we see plugging up exchanges everyday. After reviewing some of savale's posts, I feel that careful thought was applied in deciding upon Slingshield and so feel that dev has their wits about them and intends to eventually see this through to a point where he does see a reward for that effort.
It would serve no other purpose for dev to post other than to give you a temporary increase in price that would go back down to what it is now in a couple of hours. FUD is attracted by price fluctuation; P&D coins are manipulated by it. Spend an hour or so reading the ConcealCoin thread if you doubt this. I kind of like seeing the constructive discussion here and would rather avoid it for now.