so is this coin a scam?
Well correct me if I am wrong but one of the biggest knocks against any coin is unfair distribution, from what I can tell this coin was the brainchild of a select few "pumpers" from the Poloniex exchange. They created the coin as an exclusive club for them to profit and are now using Poloniex as the vehicle to pump the price artificially. If you check the "founders" list I am almost certain all are active members of Poloniex's Trollbox.
With such a small select group owning the majority of the coin I don't see how it could succeed long-term outside the influence of the pumpers/owners on Poloniex.
And it's named Bitcoin Plus, with zero innovation and a sparsity of listed specs, what coin could ever expect any type of broad success and longevity with such laziness in its naming and creation.
Mine as well have called it CashGrabCoin, as it's only a vehicle to make a select few insiders some easy
BTC.
The IPO was open to all, I bought in and I rarely visit the poloniex trollbox. I was looking at the buys during the IPO and the biggest I saw was 4BTC, most were small nibbles so I think the distribution was pretty good. Also, distribution of the very top coins is almost universally very bad so I'm not sure it's as big an issue as people make out. Time will tell I suppose!