Quote from: Truth Bomb on February 07, 2018, 08:13:40 PM

Hi,

Not my words ,but got this from the PPT Reddit pages. This guy reads my mind.

People who are invested in PPT are acting like the people who invested in Bitconnect loans. They all WANT TO BELIEVE and are quick to dismiss any negative allegations. Do your research and you will quickly find that there is no office, and no core team. The team members on the website are all freelancers, or 20 year olds with no experience, or Nigerians that either have no experience or are 20 year olds. These kids would be happy that they have a job and are getting paid some coin. In other words, they might not even know that theyre working for a scam. The CEO has no successful business experience, and is not public with his words nor presence. All messages in Slack are not permanent and the chat history disappears with every new line of chat. This is the only place that the CEO says anything.

Don't take everything said on Slack as truth. There are people who are paid to continue to convince others that PPT is a great investment and that retirement is around the corner. There are paid shills in all corners of the cryptocurrency space so beware!

I would be very surprised if this turns out to be a successful project. But I highly doubt it. If this invoice trading platform is such a great idea, a proper team with real business experience will likely come up and take the spotlight. My research tells me that this is the job of a conman. Do your own research into the legitimacy of the company and team before starting to FOMO about the intricacies of how a real Populous platform will make you money. (remember how people analysed and researched into how Bitconnect will make money. it turns out that the people were shady and the operation, a scam.)

Did you hear that as the beta release was delayed once again, people were told that it would come out in just "a few hours" again and again and again. Until it became a joke on telegram and slack. This would be a great scenario for the CEO to cash out and sell his stack bit by bit at inflated prices. All the while, we now know that there was no intention of a Beta release by 31st Jan the entire time. Just lies and deceit. Now, investors are told that the beta will release within a month. How many times do you have to be fooled to realise that the CEO is a dishonest man. Think with your head screwed straight, without greed clouding your thoughts, like the investors of bitconnect then, the truth will leak into your mind also.

Authorities and journalists have been contacted to expose this scam. This could end up being another infamous crypto scam that will affect about 10k people who are holding a serious about of PPT in hope of something that won't ever happen.

How can you compare Populous to Bitconnect? Did Bitconnect have a paper and specific methodology explaining how their business works?

Populouos business is nothing new, it's a peer to peer lending...It only integrates Blockchain into the business.