Dear friends,
Here is my analysis of Nolimitcoin (NLC2) Cryptocurrency coin Investment, Business and Speculation Analysis.
Mcap 01-06-2017 -- 73,000
Mcap 13-07-2017 -- 7,000,000
Growth rate of 10,000% (or 100x initial investment) in 6 weeks.
Data gathering:
- Marketing, Promotion, Social Media
Bitcointalk: https://bitcointalk.org/index.php?topic=1606674.0
Facebook, Fb group, Twitter, Youtube, Slack team
Significant Markers:
Psychology of CEO: Transparant, Responsible, Open, Excellent track Record.
Application: Participants of Fantasy sport need to buy coins. Coins are in circulation and application by this...
Industry: Fantasy Sports 700 Billion Dollar Industry
0.1% of 700 billion = 700 million dollar.... Expect 700 million dollars mcap... Mcap is 7 million dollar now..
Significant Red Flags:
Conclusion: Most probably no valid red flags to my knowledge...
These are the red flags I focus on.
Red Flags, Threats, Weaknesses:
- New, Recent, Little Trackrecord.
- Dodgy names. Bad rep. Shady countries. Previous Scam. Disappointing track record. Pull-out quick... Ponzi Schemish...
- Developer Intransparant, Untraceable..Hidden, secretive..
- Low Social Media activity, non-vulnerable, tight,
- Unresponsive towards allegations or claims. Lack of communication.
- Unenthusiastic, insincere, unserious, vague.
- Irresponsible
- Exaggerated marketing/news/emotion bias/ sentiment hype
- Oversimplified product
- Inconsistency between claim and quality....
- Punching above its weight. Big claims. Inconsistency between claims, vision and business professionality....