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.
You're wrong!
The Committee members where allowed to join after purchasing at least
1 btc. I see this coin when 'whale' on polo mentioned it, and it has pretty
much all the IPO coins available (45+ btc available @ 0.001).
So there was plenty of time for anyone to buy, it was a risk that some
decided to take a chance on, while others on polo where talking shit.
I also noticed it when whale mentioned it. I am by no means a whale but when I saw the potential of it I liquidated half my online coin portfolio to buy over 1k coins. I had such a crap trading week I decided to take a risk and I alerted tons of peep on skype, on fb in the trollbox to take a look. Everyone had equal chance to buy and not only that the Committee was only formed when the DEV realized how big the coin got in popularity and when peeps were offering their service and assistance for the coin which = COMMUNITY. I also gave away a fair amount of coin yesterday too and if I do well trading.I will help more peeps and give out more coins.