AVALANCHE AVAX : a friendly warning

Hi there,

tldr: AVAX team covers failures and ban witnesses.

Former AVAX "whale" here. After repeated evidences of Avalanche team lying or covering defects and failures, I decided to get out of it. Exiting was painful because this market is illiquid, and I suspect a lot of whales are looking for an exit after the very bad performance of the token in this market, and after failures pilling up. Looking at the price action since 3 months tells a lot about this situation. Selling pressure is insane, market is illiquid, it took only a few days to have price divided by 3 !

Last week we had a talk on /r/avalanche , where I reminded that the team has covered failures in the past, and has a policy of banning anyone that would tell the historical truth and show proof. The team, after denying it and swearing that they never ban (lying again), silently banned me, and refused to admit it to other users. Also, they downvoted all my comments in hope to hide them. If you want to know more about it, go read this.

https://np.reddit.com/r/Avax/comments/nj8olw/how_is_everyone_doing_seeing_avax_price_dropping/

If someone knows how to save this page on archive.org with all comments archived, please do so, because this page may "disappear", I would not be surprised at all.

This is not a financial advice. Token price could go up, who knows, this market is not very rational. But be careful, behind the slick varnish of this "revolutionary chain" :

• team is lying about failures
• team bans to dissimulate
• they patched the block explorer to cover a failure where AVAX were automatically generated. When they were exposed doing this ridiculous move (with screenshots), they banned, and eventually backtracked.
• token distribution is the most ridiculous you can imagine. They kept 80% of the supply ("pre-mined" of course) for them and for their close "investors", and sold 10% of the supply to the public. Now the public deals with trying to pump the price for the few whales
• A lot of supply is incoming
• the contract chain is really expensive, and not fast at all

Do do your own research, but don't trust their marketing. You may possibly buy from the whales and get dumped down further. Not financial advice again, nobody knows what futur price will be.