XC, VRC and numerous other alts were dumped hard by the Moolah Scammer, I have checked the charts and volume, all match up to the high volume Mintpal coins - and the guy vanished. It is blatantly obvious.
The Premine for development of XC was sold off slowly, not dumped, and used to fund development.
Dan Metcalf is a legit dev and top notch.
I know some of the people working on XC, and I know the new team for Horizon, for ages, and trust them more than someone that can't use his real Bitcointalk.org ID to FUD the competition.
The only "bad" news I see is that maybe there might be some epic pump? (Oh no!!!) For the record, I hold XC, HORIZON, a little BLOCKNET, a very small amount, and around 15 other alts. I just buy quality stuff with active devs and do tons of research. It isn't a scam and maybe there is some profit to be made, perhaps they even make something amazing and highly competitive in the long term. Post with a real ID or the FUD is a joke, have some convictions, but if you think it is too risky just stay away. They will burn the extra coins anyway and I am not a part of BLOCKNET, I frankly would rather more people didn't buy in, but I hate this sort of BS.
Agreed 100%. Spot on.