Pls man, stop it! Firstcoin is dead. Last year it was double in price. You cannot find a coin that did so bad. If u invested in any project in August you made a lot of money, except Firstcoin and maybe Bitconnect/Davorcoin scams.

You forget you are on a crypto forum with smart people, not at a seminar in 3rd World country filled with clueless old people.

Why the f would somebody buy this coin? You said Frst has a product? What? Where? ATMs and Paulownia trees? lol

I must admit its not a regular ponzi. The crypto/blockchain + MLM part make it confusing for some and can trick them. But please, go sell your premined coins at that seminars, let us do our job here with real crypto projects.

FrstCoooneeecttt!

The new team seem legit... NOT!     https://www.facebook.com/josip.p.bosnic/posts/10208592612171512

I have friends that invested, i feel sorry too.

This is what happens when you buy pre-mined coins.

Dont fall for this ponzi guys. A lot of those who post here pozitive about Firstcoin have affiliate links on vids and/or are heavily invested, so they are subjective and not with good intentions.

And always invest only what you afford to lose... lol.

Yeah... sure 

Wrong, wrong, wrong!

You cannot compare Firstcoin to a normal crypto currency, even with a bad project. Firstcoin its a Ponzi and it is set to failure math wise.
Short ex: you go for 25k package. Your sponsor gets 20% affiliate commision and you get a 10% insta bonus, lol.  You get a 7.5%/month for staking, so in 6 months they have a ROI of 75% (20+10+6x7.5), without their profits. Ohh… great...they must be some kind of markets geniuses. I wonder why Wall Street doesn’t hire them.

A ponzi goes down when there are not enough new members, and it goes exponentially.
So when they have 10 mil members for ex, they need at least 30 mil new signups next 6 months.. And then 100 mil, 500 mil etc..
And lets say bitcoin users gets to 300 mil people. Do we need more to sustain? No… and there is the difference between a healthy  ecosystem and a ponzi sht.
If you believe that ATMs and Paulownia trees are projects to sustain that kind of grow then you are naive…

Transparency: Where are their invoices with Trees bought and ATMs? Who makes the ATMs? What stage are them? etc etc..

So obv its not a sustainable business model and as soon as people stop investing the pyramid falls.

I am sure in a max 3 months they will come with an announcement similar with bitconnect and davorcoin. They will say that its a lot of FUD and legal issues so they have to close the staking program. And will refund people with useless Firstcoins ...
Maybe even sooner... 1 month...

Sry for your loss.. GL next time!

Sure. Price dropped from 18.5 to 1.8$ (it will be close to 0 soon like bitconnect and davorcoin) because old investors that finished 6 months 'mining/lending' period start selling and there aren't enough new buyers. Price drops when there are more sellers than buyers.
Firstcoin looks ponzi , 99.9% from all coins are premined, etc etc.. soon will be under 1$... especially that a lot of users coudn't move the coins to the exchange ...so the sell orders will be a lot more than buy orders ..so the price will drop more...
Your welcome...

PS. next time invest in a real coin... firstcoin is not a crypto IMO... its a ponzi.

lol... what devs man?   In Github is silence and they said they made a lot of updates...
https://github.com/firstconn/firstcoin/commits/master

A project with 3-7.5%/month mining ROI and 10-20% affiliate commission it screams ponzi scheme to me.

Prob firstcoin is next bitconnect, davorcoin, onecoin, etc... we ll see in max 2 months...

You know nothing Jon Snow... or you are invested heavily or payed by them.

Arguing over internet is past me but I cannot stay away from this cause it can save newbies money or even lives (see bitconnect suicidal posts).

You cannot compare Firstcoin to a normal crypto currency, even with a bad project. Firstcoin its a Ponzi and it is set to failure math wise.
Short ex: you go for 25k package. Your sponsor gets 20% affiliate commision and you get a 10% insta bonus, lol.  You get a 7.5%/month for staking, so in 6 months they have a ROI of 75% (20+10+6x7.5), without their profits. Ohh… great...they must be some kind of markets geniuses. I wonder why Wall Street doesn’t hire them.

A ponzi goes down when there are not enough new members, and it goes exponentially.
So when they have 10 mil members for ex, they need at least 30 mil new signups next 6 months.. And then 100 mil, 500 mil etc..
And lets say bitcoin users gets to 300 mil people. Do we need more to sustain? No… and there is the difference between a healthy  ecosystem and a ponzi sht.
If you believe that ATMs and Paulownia trees are projects to sustain that kind of grow then you are naive…

You mention a few cryptos and ICOs… Yes, some projects are better than others, but at least they are transparent (team, white paper, roadmap) and you have full control of your tokens. ICOs are also risky bets but if you learn the game you can make good ROI.
And yes, there is a lot of speculation in Crypto like in any other market. But u can trade gold or shit.. Is your choice. You buy a few bad apples sometimes? It happens … but if u are smart you had 10 apples and other fruits also…

But this fking ponzies are making me crazy. How can people put money in them when are so obv failures?!?!!?

So stay away from Firstcoin, Davorcoin, EtcEtcEtc Coin, and find REAL cryptos to invest. Don’t be a noob!

PS. This review is also good and funny https://www.youtube.com/watch?v=R_MZX2cg8Zc

+1. And this with people unable to move coin to exchange to sell....   Scam 99.9% . Stay away!

Salut,
ma numesc Andrei, sunt fost programator si momentan "gambler"
M-am decis sa ma documentez bine in acest domeniu.
Vreau sa incep sa cumpar si sa minez(prin servicii externe,inchirieri) diverse cryptocoins deoarece cred foarte mult in ele, pe termen lung.

Cam atat. Bafta!