Quote from: Penn.3D on July 30, 2015, 04:08:44 AM

With all the financial and moral support that we all gave them, the least they could have done was to come on here and by honest with us. The fact that they just disappeared is absolutely disgusting. I'm sorry to everyone that lost money with this piece of shit.

See you guys on other coins hopefully (check out Ambercoin, btw.....it's an international Amber mining/trading company based in London that is using the blockchain as company shares. THAT is a solid investment!.....thank me later Wink

).

Ok, that's all I have to say. Wish I could SMAC those fuckers around for doing this to us.....

Actually I need to SMAC myself for investing so much in this. God DAMN I am naive! Embarrassed

Agreed. I must also apologise for anyone that invested in this because of my recommendations. I truly believed this had a chance as it was a good idea and a means to get around the legal issues related to paying dividends on company shares by essentially using cryptocurrency buybacks.

With the above in mind I would be careful with Amber Coin. The claims they are making don't make sense. For a London based company it would be impossible to issue shares on the blockchain the way they are claiming without falling foul of UK laws/regulations. There are no real company details, names etc on the website which one would expect for a real registered company (which would be required in order to issue shares). Also the website appears to have been written by someone who is not a native English speaker which is also very strange for a London based company. It generally looks very amateur (even for a crypto website).
Overall even if (and that is a big IF) the operators of the coin are genuine and are a real company what they are doing would not be legal in the UK so anyone who invested would stand to lose everything if the authorities decided to intervene (which they most certainly would if it became a success). Sorry to be negative but this one seems to be an obvious scam to someone from the UK.