Well, let me put it this way.

0.2% per day is 73% in a year before compounding.  No traditional investment will promise to give you a specific amount ever unless they are a scam.  In cryptocurrency where the market is volatile, they are certainly a scam.

Now consider compounding.  Your 5 BTC will not be worth 73% more than you put in after a year because it will compound each day.  This means that in a year you will have 10.35 BTC, in two years you will have 21.46 BTC, and so on.  If you were to leave your BTC in there for 20 years (figure out how to calculate compound interest), you would have 10,776,294 BTC, more than half of the amount that could EVER be created.

Does that sound like a safe investment to you?  All the information that they give about it is that all that money comes from a "special fund".

---

It might pay you.  It might pay you for quite a while.  But sooner or later, it will steal everyone's money.

I bought 200 waves when it hit 200k price , i guest waves will hit more than 230k sathosi few weeks ago but now its between 100k-140k. Bit regret bought them at high price , all i can do for now just sitting and hope price getting back to 200k sat. at current rate what's your opinion if i buy more waves now? I still really doubt about this

How did you know the extra bonus will be distributed to all the investors? They haven't provided any detail about it.

would be nice for them to include how much of that 12 million that was ordered to be paid was actually paid

Crowdfund Insider: What types of fraud have you seen in the ICO market?

Sauter & McGill:  The GAW Miners case is an obvious example of what can go wrong when new tokens are used to hide a flawed business model [the SEC ordered $10,384,099 in disgorgement and prejudgment interest and each entity was required to pay a civil penalty of $1,000,000. Both GAW Miners and ZenMiner have ceased their former business operations].

That’s an extreme case, but it shows what SEC and private litigation can look like when things go wrong. If ICOs are ultimately deemed subject to the securities laws, the fraud cases of the future will hinge on whether regulators and private plaintiffs are able to portray disclosures made in connection with ICOs as involving material misrepresentations or omissions.

He has been making promises of full reimbursement for some time, will he do another ICO and our tokens will worth something again?

With this market I wouldn't be much surprised if it actually happens.

As from March 18th, Brewster, an active user of social media with daily presence for months, goes completely silent and absent from Reddit, Bitcointalk, Facebook and Twitter.

19th March: The next day Brewster shocks the management team by telling them that the 5,000 BTC have…..overnight become only 140! "Actually I thought we had 5,000, but I have checked the wallet and the coins are not there, I spent them somewhere but I don't remember on what.......we have only 140 coins left. I am going to the UK to find investors. I will send you the 140 coins left and also sell my Mercedes and Bentley and will send you the money to pay the March salaries and the creditors".

Any news from Danny?

I saw an article last year that said he intended to pay his creditors back. I spent 100 BTC on NeoBee shares, which I actually still hold.

Anyone been in contact with him?

Well, it looks like shark did too good a job convincing other suckers investors to start masternodes, so it became harder for them to generate rewards.

How much ION do you need for a masternode?

Satoshis aren't dead. You use the USD value cause it make the coin look like it rose in value significantly. If you would show the price in satoshis, you would realize that the value of the coin didn't change since the IOC purchases with BTC. Again, paycoiner logic at its finest. Use whatever data paints the prettiest picture.