Quote from: Dorkie on February 12, 2018, 05:13:11 AM

Quote from: azmojo on February 12, 2018, 04:25:41 AM

Um, I said it was the easiest scam. I probably should have said "one of the easiest" because I'm sure there are easier scams, but the ICO scam is pretty simple... setup a website conduct an ICO, get people to send crypto in.

Bitconnect was NOT easy but it made a lot more than an ICO. After all, they not only had an ICO, they followed through with developing a ponzi platform, marketing, promotions, etc. and ran it for over a year.

You're going to lose the argument all day long that an ICO scam like Facecoin is easier to pull off than a ponzi scam like Bitconnect, the level of effort cannot be compared.

Whether a scam is short-term or long-term depends on whether the founder wants to make the scheme last.
If they don't want to make it last, they will put least effort into it and then scheme will be quick to go.
Bitconnect founder wants to make the scheme last as long as possible.
Populous founders (Adeyemi and Jahigrant) wants to scheme to last as long as the 1 year lockup period.

Having the intention to hype the price up is an obvious dead giveaway.
Don't tell me that's not even obvious to you.

Update:
By right, you should ask yourself why Populous is not a scam despite the conviction, the hypes, etc.
Steve isn't even consistent in his statements in regard to his past conviction.
How can you even say such a person is trustworthy?
How can you even say such untrustworthy person is credible enough to manage a project that you are invested into?

If my argument doesn't make sense, then your argument is even more so.

Just being totally impartial here and talking as a spectator now in this thread. If, by good chance, POPULOUS succeeds in becoming a ground breaking Fintech hub and proves profitable in the long term and is churning out it's services and invoice buyers and sellers are happily doing their business. How will you react and would you be actually happy that it succeeds and would you eventually invest in this kind of project if it was feasible and profitable? I am just curious if you would have a change of heart and admit it if you made a mistake? I would certainly admit I made an investment mistake if any business I was in flopped at all, I wouldn't be sad, but in the end I always like to admit if I make a mistake, it's part of being human.