I want to start this off by saying this is not a shill thread or a fud thread, if you are doing either of those just leave.
I have a serious question about not just Constellation Labs but any crypto project in general but we will use Constellation as the example.
Raises SAFT round in Jan 2018 with ETH @ $1000 so approximately 33,000 ETH i would assume. Obviously ETH dropped 85% or so since then. Some people say they didnt sell their ETH until May/June and may still hold some.
Regardless if thats true, wouldnt it be good transparency for any project to come out and show their current balance? In the real world if a company took investment in lets say Venezuelan Bolivars in January and they crashed 85% since then wouldnt new incoming investors want proof they converted the original investment currency to something a bit more stable? Personally I wouldnt invest until I had absolute proof because its a reasonable request given the circumstances. The team at Constellation ignored the question and the shills came out swinging just for asking. So the question, is this unreasonable because I dont see how any new investors will come in knowing they could be investing in a project that doesnt have the cash to execute the technology people are betting on. Please keep it civil in here, there are some thin skinned DAG shills going psycho on people and there are some equally psycho fudders that hate this project too. Any other similar situations in other projects? Were they transparent about it or did people just blindly put their money in and didnt care about the teams financial ability to deliver?
Constellation will be shut down by the SEC soon. Don't worry user.
Eli Adams
I am just here for the retarded autist.
Tyler Morgan
Come on y'all let it rest at least until we can get some real answers.
Eli Russell
Why do you believe their ICO via ETH is their only source of funding ? Are you this mentally challenged ?
Hudson Powell
They didn't ICO it was. SAFT round and it's assumed that the majority was ETH. Does this matter? And why so hostile I'm just asking a question. How else would they have been capitalized besides ETH and BTC?
Jackson Price
At this point I won't invest (as in buy and hold. I'll flip anything short term.) in any project that held an ICO unless they are open to discussing their financials. There's been way to many scam projects out there and dumb teams who just wanted to raise a bunch of ETH and are now dying. Not shilling, but the only ICO project I currently hold is JNT. They raised 30M in ETH then cashed out to fiat after closing their ICO. They're open to talking about how they're allocating funds and have been smart about how their managing this money. In my experience though....most teams are not. I'm that guy in telegram you've seen who asks these kinds of questions. Most of the time people get all weird about it like it's inappropriate to talk about money or something....it's not.
Ryder Garcia
If they ignore you or refuse to talk about it you can bet your sweet black ass they got financially raped holding ETH/BTC Nothing against them, most of these crypto projects are run by inexperienced new business execs who drank the koolaid and thought cryptocurrency would replace the USD in a matter of months. As soon as it start going into free all they kept drinking that same koolaid thinking the next golden bull run was coming. Then it never came and they need capital but now their original raise is down 80-90%. This poses as serious threat to any project, only serious professional teams with a future come out and prove their strength. All the teams that weren't smart enough to dump their ETH right away usually get offended by the question or point to their GitHub like some programming making edits proves fuck all Long story short looks like Constellation Justed themselves if they didn't they would be proudly showing off their capitalization to attract serious investors. Smart projects are doing that, shitcoins are hiding everything to avoid irrelevancy and total loss of confidence. My fingers are now broken hope this helped
Isaac Collins
This is the same sociopath that has been posting since summer the same unfounded garbage. twitter.com/JamesDean190001/status/1064078529170567168 He crashed in this thread today so he had to make a new thread spreading his lies, deceit and unfounded accusations.
He was exposed as a liar and borderline clinical insane with proven multiple VPN IDs, talking to himself, in this thread nine days ago, archive.is/N9K48. After that he went radio silent, and now even had to post two (!) different thread smearing DAG. Guy is a pathological liar and unemployed with waaayy too much time on his hands. Combine that with his vile sociopathy and you have a really toxic coctail. I hope you get all the help you so desperately need, my friend. Get well.
There he is. Most autistic man on this board out of the 50 of us still left here.
Sebastian Ortiz
I'm not even interested in Constellation, but I'm going to be sure to check every thread for the psychopathic bagholder now.
Nathan Cook
You are fooling no one, sociopath. Your ugly psychological projection only makes you more of a monster. Here, you being exposed as a deranged psycho praising himself in every second comment with vile and unhinged accusations against (DAG) Constellation: archive.is/N9K48 Enjoy.
Please leave, people are trying to have an intelligent conversation about this project. Nobody is fudding, you don't need to go all psycho thinking the boogieman is out to ruin your shitcoin. Either intelligently join this conversation or GTFO.
Jayden Barnes
I agree, don't understand why teams or their community are against this. Unless your part of a Ponzi scheme most people should want to fully understand that whatever they invest their money in has stability. Crypto is a risky bet to begin with, and if the tech is solid could have amazing returns. But it becomes 100x more risky if the original currency used in the raise collapsed and there is no transparency around how the team reacted and how it impacted their plans. In the case of Constellation they made a long term plan to execute on a big challenge and calculated $33M would be enough to get them through. I'm not making any accusations but I believe it's pertinent the team address how the sale of ETH impacted them and how much capital they have left. This way I as a bagholder can understand the potential for success and invest accordingly.
Is this a fair assessment of the situation or am I missing something?
James Young
Lots and lots of koolaid drinking. Some people miraculously still chugging the koolaid it's sad.
Brody Garcia
I knew a guy like you once. Craziest mother I ever met. Ended up losing his job and went in this weird downward spiral blaming everyone for his problems. I heard he was homeless in North Carolina or in a soup kitchen or some shit. This is your future son
Ian Nguyen
Just ignore him no consoling crazy people. Seriously let's keep this an intelligent conversation I'm actually trying to learn something
William Perry
Why would anyone buy this shitcoin
You would think smart people would learn their lesson. Oh that's right they did and they dumped on you faggots
Bentley Thomas
All this comments are made by the same sociopath using his usual multiple IDs. You can easily identify him by his crazy conversations with himself, where he praises himself and hurl out rabid and insane accusations against the DAG team with ZERO documentation and ZERO substantiating of these childish and moronic claims.
He was exposes as a liar with multiple IDs here:archive.is/N9K48 He hates to be asked for documentation or anything to support his insane and rabid claims. He also hates to have his sociopathy exposed, that's why the idiot made TWO threads yesterday debating a 1 million market cap cryptocurrency. His debates with himself are pathological and kind of scary. Future serial killer stuff. He obviously needs mental help and some friends. Paid or unpaid, does not matter.
Zachary Howard
Of course, when the clinically insane sociopath is sleeping, his thread is a an utter desert. Completely dead. Strange that he is not able to see how much he exposes himself, even with his low IQ and mental problems.
Charles Roberts
Dude, you got exit scammed, just drop it, shit happens
I have been accumulating the last three weeks. Before that I was waiting for the price to drop, due to psycho. That's why you did not see me in DAG threads before. Not everyone is a perpetual loser like you. Sorry.
Yeah, you sociopath has been talking about exit scamming for months, and now you the insane moron just "know" that they exit scammed exactly 1-2 hours ago, so ALL their communication nearly daily for months are then suddenly null and void and your utterly retarded claim that they have "stopped all communication" are then magically true. What are you, ten years old? Last post is TODAY. Your clinically insane claim that they have stopped all communication are demonstrable and empirical false. You are so sad and tragic.
Carter Clark
Calm down man, it's not your fault you got scammed bro
Sure psycho. You have been caught in your web of insane lies and sociopathic accusations again, and all you have is another lie that I lost money on DAG, like you did, panic selling. I was accumulating last weeks, and that's why I have only made multi comments on three treads the last two weeks. You are so tragic and such a plague on biz. Get lost, douchebag.
Mason King
at least good thing about stopping to interacting with community was outsourcerd admin Rose stop spam the telegram chat with gif of TOY STOREY. but 2 developer only, haha. bye coin
Henry Peterson
They have a CCO named Altif Brown. How is it not a scam again?
Grayson Edwards
fantom now has developer more than 2
similar project
Justin Edwards
Dude, it's alright, it happens to the best of us, all you can do is pick yourself up and be vigilant not to buy scam coins again
Sociopath. Psychological projection. Read my comment one more time. Clinically insane. Sad and pathetic.
Wyatt Ward
he just has to come to terms with the fact that he's not getting his investment back anytime soon - possibly never. Hey I'm down 75% but making autistic posts on 4channel aint going to help me either
William Miller
Nano has de facto one developer. Using your warped logic, that's a sure sign they are exit scamming.
Ryan Brooks
is name? why complaints
Lincoln Ramirez
Nano is a scam though, just not as bad of a scam a DAG