As you can see, the latest graph the dev posted and what he is saying practically proves he is trying to scam everybody.
Potential investors, if you do not have good bullshit detection skills then just trust those of us who are warning you about this operation.
If this were not a scam then the dev would not be making such wild promises and claims. If this is a coin experiment the dev would be a little more objective and wait until the results are in. If this was an experiment there would really be no need for an IPO.
No coin developer can guarantee increasing value. They are promising a diet pill. The only way to make a coin work is through adoption. Functionality can help this, but really a coin will not gain in value unless people are putting money into it through use and investment. There is no magic formula that can defy the laws of economics.
The dev throws some big words around, like 'mathematical', but really his description of the algorithm behind this magic coin is empty. There is nothing new here, nothing innovative, and definitely not something that has been proven to work.
you seem to know lot of this coins features.
where did you get the full specs of this coin?
can you post them here?
I don't need to know about the features of the coin.
You just cannot guarantee the things the dev is guaranteeing. This is a fact.
"Upcoin will reward all traders and miners that hold their coins by increasing it’s value over time. "
Note this does not say that Upcoin has a good chance of increasing value, they use the word 'will'.
There is no mathematical coin formula that will guarantee this. The only way a coin will increase in value is if people put money into the coin.
Here is another line:
"All this to ensure UP as a safe investment for you."
Not the word 'ensure' and 'safe investment'.
The owner is making a lot of guarantees. This is a red flag right there. Then add the fact that there is a no-escrow IPO from a newly registered user that encourages people to invest as fast as possible.. It is clearly a scam. The dev is acting like a used car salesman. I mean, look at that graph he just posted and what he said along with it...
