Bitcoin Forum
September 27, 2025, 06:45:54 AM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CatoCoin : The Next Generation of Masternode Coins with NextGen Technology on: July 18, 2018, 04:25:09 PM
Do the devs even care to answer the questions posted several days ago ?


Considering 90-95% of MN coins are downright scams, everyone should do A LOT of research before investing in anything. This project seems nice, but there are several red flags for me:

1. Extremely high ROI, scheduled to increase further still. I mean, you can buy a MN for $5k and your reward is more than $6k in that same month? I am not saying it is a Ponzi, but it cannot increase forever. It sounds too good to be true. Anyone could just quit their jobs in 2 months from now: even if one cannot afford to pay $5k, why not take a loan from any bank and repay it in 1 month? Passive income in only 1 month sounds too easy.

2. Where is the product? You speak about innovations that will be open source, yet there is hardly a mention of said innovations. Is there a market for these innovations?

3. You said you are funded, but how much are these funds going to last? There are a lot of expenses and no products to sell or any other consistent income sources. How are your open source innovations going to make money short/medium term?

4. The team behind the coin: there are no pictures on the website, only first names (!). Every team member has social media links, but ALL are broken, they link you back to your site. This is a very serious issue if you ask me and concerns me as much as no. 1.

5. The Reddit link from your website leads to the search results for CatoCoin, which are nowhere to be found, there is nothing about CatoCoin on Reddit. Facebook page has like 5 posts. It is true Discord/Twitter seem to be more active.

Thank you.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CatoCoin : The Next Generation of Masternode Coins with NextGen Technology on: July 17, 2018, 04:15:59 PM
Considering 90-95% of MN coins are downright scams, everyone should do A LOT of research before investing in anything. This project seems nice, but there are several red flags for me:

1. Extremely high ROI, scheduled to increase further still. I mean, you can buy a MN for $5k and your reward is more than $6k in that same month? I am not saying it is a Ponzi, but it cannot increase forever. It sounds too good to be true. Anyone could just quit their jobs in 2 months from now: even if one cannot afford to pay $5k, why not take a loan from any bank and repay it in 1 month? Passive income in only 1 month sounds too easy.

2. Where is the product? You speak about innovations that will be open source, yet there is hardly a mention of said innovations. Is there a market for these innovations?

3. You said you are funded, but how much are these funds going to last? There are a lot of expenses and no products to sell or any other consistent income sources. How are your open source innovations going to make money short/medium term?

4. The team behind the coin: there are no pictures on the website, only first names (!). Every team member has social media links, but ALL are broken, they link you back to your site. This is a very serious issue if you ask me and concerns me as much as no. 1.

5. The Reddit link from your website leads to the search results for CatoCoin, which are nowhere to be found, there is nothing about CatoCoin on Reddit. Facebook page has like 5 posts. It is true Discord/Twitter seem to be more active.

Thank you.
3  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [AIRDROP][BOUNTY] 🌟💲OBIZCOIN💲🌟 BIG ANNOUNCEMENT+🔥AIRDROP (Round 2)-25 OBZ🔥 on: February 23, 2018, 06:11:14 PM
#Proof of ownership :
 - @Djstorm123
 - https://bitcointalk.org/index.php?action=profile;u=1833049;sa=summary

I am real. Alive and kicking!
4  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ⭐️[Airdrop] SIGLO - Future of Mobile Connectivity.JOIN TELEGRAM,EARN REWARD⭐️ on: February 13, 2018, 08:39:18 PM
Bitcointalk Username : Djstorm
Bitcointalk Profile :https://bitcointalk.org/index.php?action=profile;u=1833049;
5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [Best Token] BitX (BTX) - The future of Crypto Traders on: February 13, 2018, 07:18:49 PM
The project seems fine, let's see it go to the moon!
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!