FIRSTCOIN MODEL IS VERY SIMPLE, It's a SCAM and the end is coming
PLS tell me:
- Where the ATM?
- Why change the blockchain?
- Where are the many coin the old blockchain?
- Where the real project?
Just say one thing that works
FIRSTCOIN MODEL IS VERY SIMPLE,
Let’s see where is the scam? And how this
Cryptocurrency community based affect the “ Real cryptocurrency “
FirstCoin with his business model educate more then 200.000 people about cryptocurrency.
To buy FirstCoin you buy it like any other cryptocurrency ( FROM PUBLIC EXCHANGE), First the member are trained about Bitcoin, how to buy Bitcoin and then on the exchange( Livecoin or Yobit) they buy FirstCoins.
( Till here people learner how to buy/sell Cryptocurrency)
Secound step:
After buying FirstCoin a person have 2 options:
1. To keep his coins on the exchange and sell/buy ( do trading)
Many people bought on the exchange and keep the coins there( I was one of them) I bought at 2$ and I sold at 10$( 5 times Profit)
2. If you send your FirstCoins in the wallet that they provide in the CLUB then your coins will automatically will be blocked for 6 months, after 6 months your coins will un unlocked and you will be free to transfer them on any wallet( exchange, personal wallet, online wallet, windows wallet etc) YOU DONT BUY ANYTHING, YOU DONT SPEND YOUR COINS
In this 6 months when you keep you coins in the club, becouse you help the project to grow the company share some benefits with you.
1. They share with you,FirstCoins from the prmined coins( a fix amount, depends how many coins You locked in the club)
2. The Profit generate buy the ATM network will be shared with All the club members ( based on how many coins they keep in the club)
3. They invest in real projects (startups, environmental projects( tree plantation) that generate profit after a while and the same they share the profit with the club members
4. They invest in a ICO and they share the ICO tokens with the club members who keep the coins in the
Club)
After 6 months you are free to do whatever you want with your coins, if you keep you coins for another 6 months in the club you get the benefits from the company, if not you are just a trader and that’s all.
Where do you see a scam here? How Can a real coin based on sharing economy model( Uber) can be a scam ?
I like this project and and start to buy more and more Firscoins becouse a coin who is backed up with real things and sharing the profit with me, this can not be bad .... check UBER MODEL