Post
Topic
Board Altcoin Discussion
Re: Why Paycoin failed
by
bitgeek
on 03/01/2015, 19:24:43 UTC
Their scrypt reselling was a ponzi sustained only by delaying shipments...
Then they launched the "cloud mining" ponzi to keep the scrypt re-selling afloat...

Bullshit. Their reselling was 100% legal and people who bought the miners got them, most without any delays.
Cloud mining was again legal and became unprofitable because of bitcoin crash in September.