Quote from: zidane on March 28, 2018, 01:13:01 PM

BE CAREFUL it is a big scam. Last scam of this Kind was the Proof of weak hands Token now they call it powh3d
https://ethplorer.io/address/0xa7ca36f7273d4d38fc2aec5a454c497f86728a7a#pageSize=100

Many people got scammed last time

https://www.reddit.com/r/PoWHCoin/comments/7udtau/why_you_should_consider_the_devs_as_scammers/

Be careful guys

People indeed got scammed in the last prior Proof of Weak Hands contract but that was due to an exploit a hacker used to drain the contract. The developers themselves got scammed too. The current Proof of Weak Hands contract consists of fully rewritten code base and has been thoroughly tested.

Quote from: kmkfan628 on March 28, 2018, 01:30:50 PM

this is nothing more than a transfer of wealth from the later adopters to the early adopters!!!

Doesn't this apply to ALL cryptocurrencies? The early adopters are the ones taking the biggest risk and therefor should be rewarded the most. Basic investing. With your perspective, buying BTC right now will be paying off the early investors of 2010. Do you consider BTC a scam?

Quote from: kmkfan628 on March 28, 2018, 01:30:50 PM

that dividend shit is just a fancy look over here trick to make you think your making money, but you lose alot upon cashing out and you lost alot just by buying them. realistically people entering the contract now are likely to lose alot when the early adopters pull out.

That's why you hold and reap in dividends. If the early investors are smart, they would just hold their "bloated" share of tokens and also reap in dividends. Whales are slowly entering now because they understand this and as a whale, it just amplifies the effect.

Quote from: kmkfan628 on March 28, 2018, 01:30:50 PM

none of you who are getting in now will make any money unless this thing blows up to 10k ETH, and if it does blow up YOU are trying to get more ppl to put money in because that is the only way to profit, to be early.

We passed 1k ETH around 17 march,
we passed 2k ETH around 24 march,
we passed 3k ETH on 26 march,
we are sitting at 3,6k ETH as of 28 march.
10k ETH is just around the corner imo.

I applaud you for actually taking a look at the source code. The ambassadors program was a reward system that was introduced after the project was mostly done, to prevent any bias decisions. Those awarded ambassador status were those helping the project in the early stages to get off the ground (coding, auditing, website etc). It is only reasonably to reward those who helped out. To prevent them from becoming gigantic whales you state they are, they were limited to 1 ETH/ambassador. Surely they are now up considerable but can you compare them to the developers who created the top 20 coins which premined 20+ % for themselves which are now worth millions, while these developers actually had to buy there way in? Many of the ambassadors sold off their shares when the contract hit around 300 ETH, which is a while ago. The fact that they own the first couple of shares but not too much to be considered a whale means that the developers have to continue develop for the PoWH to increase their own holdings. It's a self incentivize mechanism. I can almost assure you that most of those ambassadors are out of the top 20 as of now with the sizes of whales coming in.

Quote from: kmkfan628 on March 28, 2018, 01:46:20 PM

i have one serious question about this.... Who the fuck owns 20% of the tokens?? in the statistics page they have a breakdown of the addresses holding p3d, im sure many people assume that the 20% is just an accumulation of the smaller accounts, but i dont believe this is the case. why would there be so many small slivers on that pie chart? why would they have a bunch of addresses listed as 0% on the graph, why include addresses with less than 1% in both individual slivers of the graph, but also accumulated into one large chunk? i believe that all the funds tied up in the "other" category are under the command of one person... making them exceptionally powerful. in the contract there is the list of early ambassador public keys. about 12 of the keys are cited as being "private due to security concerns" OH REALLY?!?!!? how do i know that one person doesnt have the control over all of these individual keys? you dont know that for sure making this whole thing even shadier. here is the code....

who these people are or who controls these public keys is SUPER important and with as much money as is pouring in it makes them very powerful in this "game" *cough*scam*cough*

I applaud you again for doing research but you're interpreting the charts wrong. As you can see here, no one actually owns more than 3% of the token supply. You have to understand that those percentages are rounded off to the nearest whole number. If you take a look here you can see that the charts say that the current number 1 tokenholder has 3% tokens while on Etherscan it actually is 3,22%. Those at 0% with their own piece of the chart own around 0.5% of the token, which translated to around 4k+ tokens. The addresses contained in the "other" section are all the addresses with under 1000 tokens for the sake of the argument. You see the difference there? I am generious with the sub 1000 mark since there are alot of people here with sub 100 tokens. Because of these discrepancies, it would be unfeasiable to perfectly state each and every token holder in 1 chart since that would just be clutter.

At last a tip for you:

Please, please, please work on your punctuation/formatting. It makes your critic/questions alot more readable and legit for those reading along side us.

I thank for your reply and your concerns but please state them more as questions instead of these blatant accusations. Any other questions can be posted here or you can find me on the powh discord as "CptZiyi".