Yeah well they're trying to make money just like everyone else here, and that's how you do it. Buy low, sell high. Can't blame anyone here for doing that.
I disagree. This ICO was a handful of insiders like NXT1.
This ICO was a manipulated scam.
This is not buy low sell high on the free market. This is unregulated and non transparent underadvertised ICO with no POW. This tiny distribution allows the captive supply to be held for ransom.
This is repeat of NXT1 by the same crowd. They should have known better this time.
You advocating this kind of ICO as simple honest and regular buy low sell high trading practice is at best incorrect.
By comparing this ico to any other big ico you will see it was a deliberate small distribution for the intentional pumping phase after.
Compare it to ethereum, lisk, nem, maid and it soon becomes obvious their intention from the start.
I will update the op with the list of regular pumpers and scammers for this coin as they pop up and will for sure be the same ones that were responsible for the last wave of scamming spam on the main board.
Single traders coming to main board to touth their fav coin they bought from an exchange or mined is very different from a coordinated scam organised and executed by a team and lead by those that have done it before.
Let them put it on exchange , see how this token even works when released in the wild and for people to judge how useful it is and find price accordingly. Not hold it all in a few wallets telling everyone it was worth 150 sats but now is worth 10k sats because they say so and will not release it from those few wallets until you pay that amount.