PTOY might be scam

[TheAwkwardBrit]

How could it possibly be a scam when they got through Bittrex's vetting process?

[OliynyK]

What makes you think that the PTOY project is a scam,if you have any technical evidence then you should clarify this in this thread rather than calling it a scam,the price of PTOY went down drastically after they got listed in exchanges but now the price have recovered,so if you call out something there must be some proof.

[phuclzu12]

If you want invest and hold long-term, yeah I will say PTOY maybe a scam project or not good than Factom coin (medical project too). But if you just invest and take profit short-term, haha congratulation anyone has been invested to this ICO, because 2 days ago they can take profit with 100-400%

[c6m0h3]

How many people think it's shady because it was an ICO? I wonder that the opinion would be if the finding model was different.

[SquidKiller]

Fishy coin...

I think you should bring proof if a coin scam. Don't accuse without proofing. If there is no data for public, have you ask the developers how to acces the data. I think everyone can say this coin is scam this coin is legit but please bring us proof so we can learn and make decision if we want to invest or not.

Indeed bring a bloody source...

[cryptonx]

I want. How do you invest?

do you want to invest in patientory,,
buy the coin on bittrex or others exchange,,
here the list http://coinmarketcap.com/assets/patientory/#markets

and i think this is not a scam project  .
i already made a profit by trade this coin

[geertt2]

I want. How do you invest?

do you want to invest in patientory,,
buy the coin on bittrex or others exchange,,
here the list http://coinmarketcap.com/assets/patientory/#markets

and i think this is not a scam project  .
i already made a profit by trade this coin

Just because someone makes money on a scam coin doesn't mean it is 100% not a scam coin. However, I am torn about this coin because of the following.

Good coin because of their awards.

    Voted Top 5 Atlanta startup company out of 200+ startups
    VC Taskforce-Startup World Pitch Winner
    Ranked Top 5 digital health solution in the world for empowering patients
    Voted Top 10 Amplify Women in Technology Startup out of 139 startups
    Named Top 11 Company Disrupting Healthcare in 2017 by Becker’s Hospital Review
    MedTech Innovator Top 100

If they already done this much. I'll give them a +1. (If you bother to spend the time researching and going to those websites for the said awards, you can see it's legit.

Good coin because of their networking connections

Boomtown Health-Tech Accelerator in Boulder, Colorado

Denver-based Colorado Permanente Medical Group -> part of the Kaiser Permanente consortium, based in Oakland, California. (Billion dollar consortium of 10.2million patients) Seriously, just do some basic research.

Patientory is also part of the Startup Health portfolio, a global organization leading the movement to transform health.

Things I am torn about though.
I'll just start out by saying that I have no medical background or any knowledge on how the medical industry works, therefore I cannot really judge. I highly doubt many of the investors in their coin understand the medical industry either. So... I believe it is up to Patientory to lay everything out in layman's terms. Just hold a sessions and post on youtube would do wonders for people who doubt.

1.) check out https://www.youtube.com/watch?v=Iu_exCAx8f4, their latest Q and A session. I am a business major and have a career in the financial part. Their Q and A and presentation style leaves a lot to be desired. Seriously, they can't have rented a better office or conference at a hotel somewhere for this? It looks like its in someone's basement.

2.) The answers both of them give.... doesn't make sense. One of the questions is how will the company able to sell ptoy coins given the volatility of the market to hospitals with fixed budget. And the answer the CEO give... is more or less incoherent. They are going to pay with fiat? ... Inflation.. I do not understand at all and given that presentation, she have no good answers either.

I really do hope they succeed. In fact they are going to the biggest convention for medical start up and going to enter that competition as well in September. If they can get first prize there, they well set to change this industry.

I think their coin is ok. It's just they need to start getting their act together or hire a better PR rep.

[MintCondition]

I want. How do you invest?

do you want to invest in patientory,,
buy the coin on bittrex or others exchange,,
here the list http://coinmarketcap.com/assets/patientory/#markets

and i think this is not a scam project  .
i already made a profit by trade this coin

Having a profit just by trading for a certain coin does not mean that it is a scam or legit. Many coins are released on market but still turn to scam once the devs abandon his coin and sell or his premine share. But I will vouch that PTOY is a legit coin with solid vision and features, This coin offers fresh features in crypto world.

[gokselgok]

Patientory will store patient health records on a decentralized platform.

This has a number of benefits:

1) Hospitals pay less to manage their data

2) Hospitals have less security concerns regarding their data

3) Efficiency will improve


What do you guys think?

I don't think so, The hospital just take a little part to manage their date. I mean if they are mostly taking a real act. I think the blockchain will be useful to make the system will be more efficient and cut the middle man to run its program or run an audit to the system.

PTOY marketing has lack of information we know that this coin is for medical purposes but if we look at the foundation it went true its so small that we couldn't believe that the roadmap on this coin will went ages. Backbone of a coin is so very important that why marketing and strategies must be in a right place and right time even it has small investors taking small steps at a time will bring the coin up.

[Hammonds]

Why, could you please explain and let me know more information?

[rumex]

The price is still pumping. Let us wait and see what happened on the 26th June 2017. We are there already.We can not speculate it to be a scam just yet.

[bicork]

The price is still pumping. Let us wait and see what happened on the 26th June 2017. We are there already.We can not speculate it to be a scam just yet.

Whats gonna happen on June 26? Bounty?

[doedz]

Usual Pump & Dump for the time being

PTOY pump right now ...i think it's not a scam . you can make money quickly on it ..

Not as fast as you think. More profit for those who already have this coin before. When entering bittrex has already reached a high price, maybe 50%.

[Spiff637]

The price is still pumping. Let us wait and see what happened on the 26th June 2017. We are there already.We can not speculate it to be a scam just yet.

Whats gonna happen on June 26? Bounty?

Bounties will be distributed on June 26, after the crowdsale.

https://patientory.com/faqs/

[cryptonx]

I want. How do you invest?

do you want to invest in patientory,,
buy the coin on bittrex or others exchange,,
here the list http://coinmarketcap.com/assets/patientory/#markets

and i think this is not a scam project  .
i already made a profit by trade this coin

Having a profit just by trading for a certain coin does not mean that it is a scam or legit. Many coins are released on market but still turn to scam once the devs abandon his coin and sell or his premine share. But I will vouch that PTOY is a legit coin with solid vision and features, This coin offers fresh features in crypto world.

ah ,, okay and thanks inadvance for your explanations about scam,,
so when the dev didn't have any update or dissapear after few the project running, maybe we can call the project as scam project,, 

[doedz]

The price is still pumping. Let us wait and see what happened on the 26th June 2017. We are there already.We can not speculate it to be a scam just yet.

Whats gonna happen on June 26? Bounty?

Bounties will be distributed on June 26, after the crowdsale.

https://patientory.com/faqs/

If there is Bounty hunter from Indonesia.
Very appropriate because bounty is distributed on the day of the victory. Ied Fitri.
Congratulations I missed this bounty.

[gallery2000]

This is very concerning.  This Reddit thread points out the flaw fundamental of Patientory https://www.reddit.com/r/ethtrader/comments/6e682v/patientory_ico_warning_7_red_flags/

Also, I contacted Kaiser Permente and they said that they do not know who Patientory is

[serkand93]

The team behind this project seems solid and I dont think PTOY is a scam

[Lagduf]

This is very concerning.  This Reddit thread points out the flaw fundamental of Patientory https://www.reddit.com/r/ethtrader/comments/6e682v/patientory_ico_warning_7_red_flags/

Also, I contacted Kaiser Permente and they said that they do not know who Patientory is

I couldn't be said that the patientiory just another scam or useless project but i believe it will, The idea is very non sense for me. The real usage for the blockchain to our real life still on the development and looks the dev already did it before another expert project will have done it.

[speakoo]

How could it possibly be a scam when they got through Bittrex's vetting process?

Bittrex adds any coin.No matter it's a scam or not.