It's a scam because the entire basis was BS and the developer was a jackass trying to dump coins within 24 hours of launch. If the developer believed in the coin, why would they try to dump immediately? The whole reason this was created was because they saw the success of the Auroracoin cash grab and pulled this out of their ass. Nobody is making money now but people already made money - the scam is over and now it's just another dying altcoin that the suckers that got burned are holding out hope for. It's not like it's the first time the story unfolded like this. Within the first couple days on Mintpal there was around 2000 BTC in volume and it was trading at 100 times the current value - you don't think anybody made money off that? On Mintpal alone we're talking around a million dollars in dumps in the first 48 hours. Why do you think everybody bailed on the project? They made their money, they're jackasses, and the scam was complete. Now it's just the ghost of a scam. If you're still supporting this coin it's because you're one of the bag holders that was scammed!