The first red flag or scam signal is an anonymous developer behind the team.
Once the community got this concern serious many understood the project was scammy, that is why the team of XEM decided to rebrand and make it XYM. Rebranding is another scam signal. Why do you need rebranding unless you want to keep a certain amount of holders and move away from the web reference with the scam tag!

Check out Dan Larimer's, the father of the biggest scams, projects history - BitShares was turned into Steem, then EOS, then VOICE. And none of them was not complete or any of that kind. And that fact does not put away many smart people using the technology of dPoS that he invented in many legit projects.

A gun is a weapon, you can do harm to others or you can protect yourself from others.


Join my Telegram channel WhatDaHack?! where I speak about cool and modern technologies and other stuff  https://t.me/WhatDaHack71

The crypto is ready for the new wave!


>>Bitcoin hit twenty thousand level in December 2017 taking 350% growth in just 70 days from the same level it is traded right now. Has it hit the bottom? I do not know, but some trading indicators show it has and it is ready for a reverse. ...

Learn more in the video.
https://youtu.be/SSipbNkKpMY

Hey,
where do u take data for bit-x exchange?

This Friday I have made a new video on the recent Tone Vayz and Nouriel Roubini claiming altcoins death. 

Check the video here https://youtu.be/DABMwzw2x-k

Thank you for the comment. We have just started to develop our activity on this forum. If we got your interest, I would recommend you to follow us social networks or try out our Z-Shop, investment data and knowledge platform that we have been building and it is now on, though more features are waiting to be implemented. The fund itself is still in development, as we want it 100% automated, right now we manage all investors funds manually.

What else besides the forum reputation did you make think that we are risky guys?

Hey, guys, those who like and hate Steemit.

Needs your attention.
I have been doing an investment research on Steemit project to detect red flags.
So far I have found some potential red flags:

1. Problems with mining at the launch may hide pre-mine maneuvers.
Why some many miners accounts?


2. Whales possess more than 50% of voting power, which makes the community biased and having a centralized censorship.

3. CTO resigned from the project soon after the launch leaving it underdeveloped.

4. Many accounts of founders
https://steemit.com/steem/@dan
https://steemit.com/@dantheman
https://steemit.com/@dantheman1
https://steemit.com/@bytemaster (https://github.com/bytemaster)

Any disproof? Any other?