Post
Topic
Board Bitcoin Discussion
Re: Mycelium's "crowdsale": basically a donation, not an investment by any means
by
manav1112
on 01/05/2016, 04:23:01 UTC

Quote
You get the share of Mycelium and the right to receive money whenever Mycelium gets more expensive. Let's suppose that this time, with this crowdsale, it will be valued at 100 million USD. Imagine that when we sell another portion one year later it will be valued at 1 billion USD. So you will get 900 million USD multiplied by your portion (if you are the owner of 5% you will get 5% of 900 million = 45 million). Your initial investment stays with you: you keep owning this right and it is non-dilutable. The next 20% we sell will be dilutable.

I get $45 Million USD!
Good quote, which clearly shows they are speaking to people who fall for Ponzi schemes.

Exactly what I thought, sounds like a typical Ponzi scheme type thing!