Interesting.
So I've read, heard and watched a few vids. about this DAGCoin thing, currently they are advertising in some est-european country and other countries.
My personal belief is that this is a scam and will
NOT DO GOOD LONG-TERM. The whole coin amount is held by the team, they now release the coins by selling them directly for USD or EUR when you buy your entry package.
They said they are on two public exchanges, but those public exchanges are promoting dagcoin from the first page... so if you ask me, those are their exchanges too. swipex - only have ETH - BTC and DAGCoin - Paygety would be the second "public" exchange.
NONE OF THEM WILL GIVE YOU ANY INFO ABOUT THE MARKETS ON THEIR SITE WITHOUT HAVING TO REGISTER FIRST. Something stinks.
The promoter and founder of the coin is the one of the well known scammers in the crypto-space
https://www.playersmoney.com/dagcoin/ The pyramid shape of the system is yet another reason that should make you ask yourself if you rly want to invest in this.
The monthly bonuses you are about to recieve are HUGE, the ROI is HUGE, this price will dilute so much that even with 200% ROI/year, you will still be on a loss.
They said they will make a split and add "a few 0's" to your balance, making your 1000 coins be 10000 or 100000, and this made me laugh so hard, they will 10x or 100x your balance because they have 1 BILLION PRE-MINED COINS that will be inflating the market, but yet they state that there will be no inflation.
My questions are:
If this is supposed to help "Third-world-countries and poor people" why are the packages designed to make money for people who already have money?
Why will they make me lock up my coins for 8 months and after that allow me to sell only 65% of them, keeping the 35% locked.
Who dictates the price of the coin? Taking into consideration that
NO BIG AND RESPONSABLE EXCHANGE WILL EVER LIST A MLM BASED COIN.Why I can't access informations and can't see the price of the coin without having to register on their website or their "public" exchanges sites?
Why are they having all this nice powerpoint slides with presentations and huge roi expectations EXPRIMATED IN USD or EUR, if the bonuses you recieve are in DAGCoins. ?
WHY THERE IS NO POST HERE ABOUT THIS PROJECT that started last year?
Bitconnect was a scam too, people got rich with Bitconnect too, but a lot more got poorer. Every scam will work untill there will be noone left to be scammed, after that you'll see the dump.
This smells like some alterated cheese, forgotten in your picnic backpack from last years summer break. LOL
* There is money to be made from everything: drugs, prostitution, counterfeiting, DAGCoin scam and others, that doesn't mean they are fair money.
Stop looking for easy-money and start looking for good products that can realy HELP the society, not rip-off the money from 95% of the community to make the 5% richer.
My Conclusion?
SCAM SCAM SCAM Enjoy the ride.
