All the time that the price was going down, lots of posts said that Sub is a scam, no product, fake, etc.
And now the price is going back up, and I don't hear anyone anymore??
The price going up is not a indicator the project is legit or has serious intentions to do the project.Example, Bitconnect was $400 and it was still a scam no matter the price and now it's worth just a few dollars.
All I see is that they release a few youtube videos showing how it works, but no testing is done by the public (in other words the videos are sketchy as hell).There was a twitter fiasco too with one of their Devs a few months ago (the Dev told there was no working product and even they can't test it).+The founders past is not the best..
I can't stop anyone from investing into the project, but for me there is too much red flags..
https://twitter.com/dnwiebe/status/955426521619017728May I add some more to what you said. The CIO Abraham Cookson filed for bankruptcy. They increased the supply out of thin air and the founder avoids any questions regarding it in the ama. They were supposed to release their first public beta or alpha or whatever in December 2017, then postponed it to Jan 2018, then by the end of Q1 and now April. Just say it plain and simple, there is no damn prodcut.
and now they have started a marketting campaign with giveaway via twitter. "#subsavetheinternet" Joke.
This whole fiasco won't end well. Sad for uninformed people who get trapped by it. Binance also said that they will be starting to require weekly updates from any project registered in their platform. Mark my words, substratum will be one of the first ones that will get delisted from Binance.