Hi There,

Good discussion.

This is Jerry, Co-founder of: https://coincheckup.com/. I think it would be great if we would build in a "scam or legit" feature in the site where people can vote IF the coin is scam or legit + a short explanation "why".

It's our goal to stay unbiased, that being said a community voting feature to indicate scams and legit coins would add a lot of value besides our standard rating algorithm that only looks at the coin background fundamentals.

I just proposed the mockups to our Tech team and we hope to implement this feature in the upcoming month or so. Please let us know your thoughts what you think about this idea?
Roll Eyes

Quote from: Yamagemazaki on October 21, 2017, 07:49:49 PM

There are a few things that can hasten the collapse of this ponzi. in no particular order of likelihood:

1) Multiple people keep reporting this to the SEC and City of London, among other regulators.

https://www.sec.gov/
https://www.cityoflondon.gov.uk/

2) Coinmarketcap & Coincheckup delist them. Although there is debate on whether they should remain neutral, or if they have some obligation to act when a known ponzi scheme gets into the top echelon of the marketcap.

https://coincheckup.com/
https://coinmarketcap.com/

3) The exposure of this ponzi is spread enough for the new investors to dwindle, eventually limiting payout to current investors and having the whole thing collapse.

I think it's going to take a concentrated effort by multiple people to bring this scam crashing down. I don't see any other way forward.