[ANN] The N.E.W.S. Asset launch



  • @LithStud I guess you missed my point then...not debating that, I am debating something called a moral compass and what is right in the end. Stock market has regulations also to prevent things like this happening.



  • @AndrewDD but your suggestion was within lines of do a share swap because someone is selling your shares. So you see where thats not practical as you expect someone else to fix investement gone wrong.



  • @LithStud That was just an example at an effort made, was not my end-all solution or cure for the problem. And asking for assistance from a community of people to help correct a wrong is not a bad thing either...



  • @AndrewDD yes its not bad, but since its decentralized except dont buy what else can be done? You wont wait forever not buying asset you want just because there are shares sold by the scammer (hell dedicated scammer would just send those shares all over the place and in the end still sell them), you cant take out shares from blockchain either (and i personaly would be against it as it opens all new horizons in cheating, griefing and scamming).



  • @LithStud I understand what you are saying, but the block chain can catch that activity as well. I am not talking about regulating "the normal ebb and flow" of market activity here. Further, although we can all be proud of this decentralized marketplace I think we need to be sure that we do not allow it to degrade into too much of a "wild west show" that it ends up being a marketplace of 1500 Assets with only a handful of Buyers. Mass adaptation will eventually require a bit of control or protection; people need to know that there is risk in investing but at the same time there needs to be some common sense controls injected here as well. There is a difference between an Asset failing on fundamentals or because of a scam.

    In the case of BB Browser, it rightfully appears that no one seems to want that Asset anyways so it was purely speculation on the part of 5NFHJ to even buy at 5. Main point is that 225.000 more Burst went into the pocket of Jervis and his scam at a time when everybody knows what is happening. That is the part where your average investor/crypto newbie will flee and go somewhere else.



  • Are we ready to consider this a scam and not concerned? What do you guys think


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