Post
Topic
Board Altcoin Discussion
Re: "howeycoin" new project that claims guranteed profit seems to be scam.
by
muzamil051
on 29/09/2018, 09:17:41 UTC
Hello that is a great sarcasm post Ive seen from theymos. It's sound like they endorsing a certain project but actually it's just a sarcastic approach to the SEC that keep bombarding the bitcointalk and cryptocurrency as scam. Howeycoin comes from the word Howey Co which was the case against SEC and W J Howey Co that tackles about the investment matter conflict. Which is same as the issue about cryptocurrency as investment product rather than a utility only. Here is a reference link for your info.
https://en.m.wikipedia.org/wiki/SEC_v._W._J._Howey_Co.



i have seen this case, but can you say it simple?
is it a scam, if yes then why senior members are supporting it

if not a scam, then why website i mentioned in my thread  says it scam?

thanks