Okay, I just made an account on Bitcointalk because I truly want to know something here:
What in the world made you guys invest in a project that had so many red flags on it that Reddit and Biz were literally filing in Fraud reports to the US government regarding Paragon?
This was the most obvious scam I have ever seen in my two years in crypto now (well that and BitPetite).
1 - They were actively moderating Reddit, massively downvoting any critique on Para.
2 - There ICO system was "let's massively increase the price DURING the ICO so that on market entrance there will be a massive dump"
3 - They bought 200K Facebook likes from Bangladesh
4 - Their CEO is a female model (I mean cmon...cmon...do I really have to say it) that stars in a Russian soft porn music video while potentially being high
5 - They magically were funded, what was it like 80M in the pre-ICO? Right...No one took a second to sit down and think where that money came from and whether it was actually real?
6 - People in their Telegram asking questions were banned. I personally joined, asked them: "I just found out you guys bought FB likes from Bangladesh. Why did you do that?" Minute later I was banned.
7 - They lied about being affiliated with IOTA
8 - 100
This list goes on and on and was all known during the ICO and there were a ton of Reddit posts discussing how scammy the project was and the many many red flags, and yet a ton of people bought in, and still people here in this thread "believe" in the project.
I am missing something here? I mean am I wrong?
Based on my experience:
1) when someone are constantly calling you a liar, you start to react less restrained ...
2) the way of promotion of the project can be different, you can buy FB likes, and you can advertise on TV, in both cases you pay money, in both cases have an impact on the human consciousness ... but am I not right if I say that the success of the project largely depends on the popularity of the project?
3) ICO is risky, I liked the idea of the PARAGON project ... I was ready to lose my money, although I hope for the best...
4) I do not know is PRG scam or not, but I'm sure that if they really create an infrastructure, PRG will be polpular, and the project will be successful...
I appreciate your reply but this is a very "easy way out" and I don't want to sound rude but I have the feeling this is your first ICO or something. Correct me if I am wrong.
First of all, I fully agree with constantly calling someone a liar is not the best course of action if you want to proof that person is a liar, however in this case there was a ton of evidence. If a project is called a scam (like what happens all the time) and there is nothing to back this up then obviously someone is fudding. In Paragon's case however, everything that was said had backing behind it, visual proof.
Secondly, buying and using marketing material is something entirely else than buying FB likes. In the first case you are simply marketing in the second case you are committing fraud, not in a legal sense but more in an ethical sense. This is not a good thing for the team's credibility which was discussed everywhere.
Thirdly, yes ICOs are risky. Lost a ton of money already, but again this is completely off topic. Calling ICOs risky in general has nothing to do with all the red flags mentioned above.
Fourthly, see this is what I completely do not understand. You've probably read all the threads/articles discussing Paragon and firmly stating "STAY AWAY FROM THIS ONE". The price completely collapsed (as was expected), they completely fucked over their ICO investors and yet you keep believing in this project.
Now that I think about it I actually don't really know what to make of your comment. To me (and the general community) it is crystal clear that this is a BS project that fucks people over and yet you support it. I sincerely do not understand. Excuse me if a come over a bit too harsh but it just frustrates me.