I didnt check this thread since a long time and to come back and see that instead of paying people with $ you paid them with ambers.
This is a pure ponzi and now its confirmed.
Sweet, bet you noticed where they paid q4 in btc...
also Q1 and Q2...
12$ for holding 12k amber? So 48 $ a year? 1 amber sold by them directly for 25k sat?
And thats legit to you? lol
Lets say you buy amber from the market which is 5k sat. to buy 10k amber its about .5 BTC which is like 200 USD
So your full return on invest on the market price would be in 4 year , and with their prices it will be in 20 years just to break even. Look legit once again
Everything around is ponzi if you look in the depths. One must just live with jackals around. I have read anything about AmberCoin and made everything simple for me (fees may apply if you read further):
AMBERs are company shares, long time investment.
DEURs and MIs (for example) are cryptocurrencies, short time investment.
So:
fast daytrading(BTC/DEUR/BTC, BTC/MI/BTC, BTC/ETH/BTC) =>
profit =>
split-BTC(45% AMBER, 45% booze, 10% back to daytrading) =>
happiness and stable (additional) income for years (called dividends)