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/biz/ - Business & Finance


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12651562 No.12651562 [Reply] [Original]

There are only a few projects in the space that are out and out exit scams from the get go. However, most of the shit you hold - REQ, ICX, VEchink, WTC, OMG, LINK, AMB, whatever the hell else; once it becomes clear that none of this is ever going to be used by anyone, they will gradually start planning how to take their remaining funds and leave the project.

It won't be a sudden dump and exit, as they won't want to face legal issues. It'll be more of a "well we tried, put loads of real hours into development, but it just didn't take off in the end". And they will gradually start selling the funds they have while putting out vague updates about how there have been roadblocks in the project's development and how "circumstances outside of their control" have meant the original vision may not be fulfilled.

The communities will remain bagholding through all of this, sure that something will eventually turn around, and by the time bagholders realise that the teams have actually given up long ago and are just trying to put a passable PR spin on their failures, it'll be too late. There'll be no volume to even sell your rekt bags.

You're welcome.

>> No.12651599

Just get Amb, Vechain, LTO, CHX, QNT and you'll make it.

>> No.12651604

>>12651599
all literally going to zero.

>> No.12651606

>>12651599
this
you can tell a coin is good by the amount of paid shilling they can afford