Sometimes it seems like there is somewhere a prize out for proving that some coin is a scam. I read the arguments from both sides and it is even really difficult to tell if any of the sides is actually right because the arguments go very emotional instead of being rational. It would be nice to actually have some kind of objective 3rd party who is accepted by most and analyzes and gather info and gives an opinion or states what to watch out for. This pile of FUD is really not helping anyone in my opinion.
I'm as objective as I can be whenever there's a genuine concern raised.
Here's a question from the official DO forum regarding price speculation that I've answered earlier today.
"It's curious because all the predictions are always high predictions. I mean, nobody predicts something negative. So I think that these predictions are not predictions, are wishes or dreams. Maybe I'm wrong, I'd like to be wrong"Answer:
"That's definitely the right way for you to think to stay safe in crypto. Always be hypercritical and overly paranoid when it comes to investing money.
As far as the DO price is concerned, there is only one reasonable scenario under which the price would drop into oblivion and not at least stay stable within a $1 to $10 range. That scenario would be satisfied if Dev turned out to be a scammer who doesn't actually develop new features for the coin and just tried to set up a very elaborate marketing scheme. However, based on the amount of effort that has gone into this project so far, and based on the fact that Dev is clearly capable of coding sophisticated mechanisms (for Airdrop control etc), it is quite unlikely that this coin would just flatout die and disappear. The chance is not zero, but it's very low.
The earliest date at which we can get additional evidence for the legitimacy of this project is Q4 2017, which is when DeepSend is planned to be implemented. If Dev delivers DeepSend and/or other features on time, it will be a very strong indicator for his long-term dedication to this project. At that time, the price will be very likely to increase quite a lot though.
With that said, it is currently a gamble if you choose to buy DO. At current prices a reasonable 3 year return is in a x10-x100+ range. Once DeepSend gets implemented, your returns get cut down drastically since they will already price in the lowered risk level.
DeepSend itself could easily propel the price to a stable $5 to $10++, which would be almost x10 from current prices in half a year.
In my opinion, the stakes are in favour of DeepOnion and of profits, but you never know what will really happen, so make sure you don't invest more than you can afford to lose. "As far as the scam accusation against DO goes. The biggest "argument" the accusers have is the fact that there are a few very big addresses in the rich list. However, dev has been transparent about this from the very start. As long as he pays out on schedule, there definitely is no scam. And so far he has done this.
Shouting scam when it's far from being decided is just plain dishonest and scummy behaviour and no legitimate person would claim an outright scam instead of urging for caution instead in this kind of situation.