Oh, I absolutely think BTC is a scam.
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
Seriously, $1400? It's nuts.
No, I guess what I'm saying is that this space is rife with conmen. We all know that. Hell, CCRevolution himself said this coin started when they got scammed. It's just a fact, if you're buying altcoins without your guard up you are going to get taken.
Point is, I've made my peace with the absence of a whitepaper. I'm alright too with there being no explorer. It's early days. I'd just like to have some loose idea who the people are that I'm entrusting with a sizable amount of my savings.
I like this project a lot. I do. I like all that I've heard and I like the community. But I'm a custodian. My money was hard to come by and needs protecting.