Quote from: ghibly79 on April 17, 2014, 12:22:19 AM

Quote from: trdiablo on April 16, 2014, 08:09:49 PM

Quote from: ghibly79 on April 16, 2014, 02:08:32 PM

Quote from: Kreativekrypto on April 15, 2014, 05:52:52 PM

Quote from: sameev29 on April 15, 2014, 02:56:01 PM

Is anyone investing in standard coin now a days?

I think everyone was chased off at this point. It's too bad.

Now this is weird, I though it was me who can't understand the system and the only one "crying" there, ranting and whatnot, while everybody else can see the light and the legitness of this coin.
Weird weird werd! I'm so totally surprised.

lol, exactly as I predicted few pages back. ghibly gives this guy negative trust for no reason at all, DEV has big red warning sings under his name, newcomers that come to the thread see that DEV has negative trust, they don't check details to see it is only because of one person. Then few days later ghibly comes back here to say he was right all the time because everyone stopped investing in the coin!
Yes, I am totally surprised also ghibly! Man, you must be so much fun at parties and have so many friends.

But to give you a serious answer Ghibly, read on. Italian is your native language, but your english is quite good so i am assuming you are an educated person that has a good job. So let's have a serious discussion instead of trolling. You are blaming DEV of running Ponzi scheme, right? Now let us look at the definition of Ponzi scheme.

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme

DEV is not paying us from capital gained by new investors and DEV is also not the only place where we can get trade STD as on Bittrex I can trade my coins for BTC.
DEV did not promise any short-term returns, in fact on his homepage he is talking about years before we have profit
STD also doesn't need an ever-increasing flow of money from new investors to sustain the scheme. First round 16 BTC was invested, second round it could be that only 8 BTC is invested and third round only 4 BTC.

And most importantly, DEV could have just collected IPO money and ran away, he didnt and paid us the STD coins.
So DEV and STD do not comply to any of the main features that a Ponzi scheme has. Also atm your negative trust is not hurting the DEV, in fact one could think you are DEVs sockpuppet as you are now helping the DEV to dissappear with all the BTC. As he is tagged as scammer already he has nothing to lose.

So just be reasonable here, give this guy a chance and if he makes one mistake then leave a negative trust.
thanks!

Short answer (for the long one, read my previous replies): he's not paying you returns directly now, he'll be using new investors' money to pay returns to whoever sells back first once value rises (if he does not run away with the money immediately ofc, which I doubt he'll do anyway, as already explained). There won't be enough btc to buy back all std at ger like he states (lie, to answer SweetLou). He'll need a constant flow of new investments to do that. So yes it IS a ponzi. Ofc he tried to mud things a bit (and it was effective it seems, on some of you). Ever increasing investment or not is a detail (depends on how rapidly people will be selling back).

Heck you don't even need to do the math, just use some logic: if you took X amount of btc during a period of time (this includes old and new investors. Just all the btc coming in, any source) and gave something in return (STD in this case), how can you pay back MORE btc when what you gave increased its value (since it CANNOT DROP by design) and people sell back all of it?

Yes you can buy/sell at an exchange but there the price can drop: you'll be using a coin conceived as a scam as a normal coin (will be just another clone scrypt with nothing else). You will be just circumventing his scam (as long as the price is higher than ger there), not canceling out the scam attempt.

He could have ran away already but that is not necessary to be a scammer, what he did is enough. Running away would be aggravating (I already said this in anothre reply too). Actually is counterproductive to run away from the start with this kind of scheme. He can wait and see if investors will send him more btc, maybe pay back some to keep the thing going and running away when he has enough (again, this is not necessary for the tag, running the ponzi itself is).

Anyway I already said all these things in other replies. It's not that I'm not reasonable, I just got tired of repeating over and over.

So short summary of your not so short answer, you are using words that clearly describe your worries and not facts.
"He is not, If he does, he will be, there won't be" - So you are just guessing what he will or will not do.

You completely ignore the fact that it does not share any features of a ponzi scheme (or you don't understand it) but you defend that by saying "he tries to mud things a bit". Sure man.

Anyway, I am done with discussing this with you. If DEV flees I will hold you personally responsible for it.