I’m not calling a scam either, its a ponzi scheme. The evidence is simply on math, whoever traded will know thats it is impossible to make money without taking risks. The fact that imvestment go only in one direction, is proof enough.
I have seen this 100s of time. It is not a question will they fail, the question is when.
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For that logic, Bitcoin is a scam too, it only goes up. If its match show me the formula.
That's not true, bitcoin has down days.
@embomb701 I read your post and I see what you mean. For your effort I'm going to upvote your post, should be around $10 worth (us dollars not steem dollar).
From your point of view you're right. You would not jump to conclusions without being sure 100%, that's fair enough. You said there are red flags with a lot of other cryptos too, I agree, but there are subtle distinctions too.
From my point of view. I don't know how to put it in the simplest way. I'm not speculating or spreading fud. I'm 100% convinced it is a ponzi scheme and at some point, near future, it will implode. For this, if I had the opportunity I would bet half a million without thinking twice.
Saying it that way that you are convinced is the perfect way to say it, I suspect there might be something going on with them but I have not yet been convinced in ether direction. Thanks for the Upvote, I will look through your blog and see if there is something I can upvote on. My voting power is depleted but not full power vote is worth a .32 Steem dollar. And I am following you, thanks for debating me!