Quote from: xenomorphe1 on August 10, 2018, 12:02:04 PM

Quote from: Sam123 on July 28, 2018, 08:55:33 PM

Why do you believe this project is a scam? because the price went down?

If you bought B3 before it was renamed to kB3, you have maybe lose the same amount or more as people who bought in December.
As 1000 B3Coin = 1 kB3 which is now 1 B3Coin...
They did it after the fall of the price as the coin was POS with a reward of 10000% per year...
We can't see the graph of the original price of B3. But it fells from something like 1000 satochis to near 1 satochi...
Getting more rewards doesn't help a coin. Don't buy a coin which promise you a lot of rewards, as the price might adapt with the number of coins.
It is like BitConnect which promised a lot of interest.
I still have thoses coins which are worthless now. I bought them at 23 satochi. Maybe i invested 0.001 BTC, but now they are worth with the interest only 0.0002 BTC. I can't imagine the loss for people who bought at 1000 satochis the original coin.
I don't sell them in hope that it increase in price, but i don't know if it is going to be possible to recuperate the loss.

Funny, I always thought a scam was people taking your money and running ... not you buying something from a third party (not from the devs, btw ... there never was an ICO so you bought from people who either mined the coin during the PoW phase, acquired it from PoS, or bought it on the open market), and then having the price go down. The second scenario isn't a scam ... at worst it is a poor investment, and I don't think it is even that, in this case ... I'll explain why in a second.

Like you said, buying a coin that has a 10,000% staking reward is a gamble. If you are looking to make a fast return, you can, if you sell at the right time. Devs who implement such a reward scheme could be looking to cash out their coins during the hype/pump of the high reward period ... that is not what happened here, as the main creator/dev is still around and still working on the coin ... and like I said, there never was an ICO ... no pre-mine ... no insta-mine ... so he never had any vast number of coins to dump. He implemented the high reward period to build the supply and allow everyone the ability to acquire, with the knowledge that there would be a hyper inflation period that followed (perhaps not to this extent ... the staking pools were not anticipated, and were more successful than anyone imagined). While the bear market that all crypto is in is seriously pushing things perhaps further than anticipated, this period was foreseen as a continuation of the acquisition phase of this coin, while the plan to reduce the supply and increase the price was put into effect though the completely unique system known as Proof of Disintegration (PoD). This completely removes the coins involved from the blockchain (not locking them away but leaving them in the system as in Proof of Burn), and is being used during the creation of fundamental nodes. As this is implemented in more aspects of the B3 Coin ecosystem, this coin will become a "Supply Disintegration Machine" to quote one of the Project Leads ... and along with the DEX that is in the works, should build demand and increase the price of the coin.

There are no guarantees in this kind of investment, but there is a plan, and I personally think the plan is a good one, which is why I am holding my B3 Coin. You can hear all about the plans and what the Team is doing to get there by listening to the community meeting recordings (https://www.youtube.com/channel/UC4r1kfFZ6rezVwAWj0mnaXA), or even by attending the community meetings live on the discord (https://discord.gg/aZkBvRw) where you can hear Habaner0 and Kdog tell you what they are doing live and ask them whatever questions you may have.

Then, if you don't think it is worth holding, you should probably take what you can and get out, but what you shouldn't do is come in here to a public forum and bad mouth a coin you are hoping to see go up in value ... that just doesn't make any sense and is not in your best interest, or mine.