It's a ponzi scheme,the early bird is the one that makes maoney from a ponzi scheme sites or programs,this is the real meaning of ponzi scheme,the program pays when money is still keeps coming but when it stops payment stops as well..
I guess riding pumps is a better strategy than this shit. The advantage of buying shitcoins to sell high is that people do not realize that they bought into a ponzi scheme. Honest Ponzis like this one should not work that great.
What happened to the coins that remained trapped in the pit?
Yea I'm not so sure about this. I think I would rather stick to altcoin exchange.
I would like to see it just to see what it is like but the site is down.
Why does this guy launch something when he has not enough money to properly fund it. It makes me wonder about what other decisions he makes.