It is obvious that this is a scam.
1) is not decentralized
2) is a MLM system
3) To participate in the system, you must buy the coins on the exchanges and then send it to them
4) the value is piloted, just look at the volume and the marketcap
5) Send an email to those registered on their site, to push people to leave positive comments, because some exchange to place as requisite: ad on bitcointalk.
6) The first people of the "pyramid" are already present in other scam projects.
1) A 99.99% pre-mine has been made, which means that most of the coins are in the hands of the company (so who says that it is 100% decentralized, do you know what "decentralized" means?)
2) receive prizes if you present/promote the project
3) The packages you buy them on their store (website) ... But someone says that around the world is accepted LOL ... it would be nice if I pointed out some store
4) Recently, the Firstcoin currency, the company that controls Firstcoin, has imposed the supply in circulation. This is to keep a high price. So the value did not go up, rather it would have decreased, if they would have kept the supply in circulation unchanged.
This screen is from July 2017:
ImageI recovered the screen from this archive:
https://www.filippomartin.com/tag/firstcoin/In the article written on July 27 "Firstcoin truffa/scam o reale cryptovaluta".
Here is the complete article:
https://www.filippomartin.com/firstcoin-truffa-scam-o-reale-cryptovaluta/This screen:
ImageI did it a few minutes ago.
(if you doubt the date of the article, there are comments in the article, you can also find other Firstcoin screens on coinmarketcap by searching on Google: "Firstcoin screen coinmarketcap)
Another proof is to check the history on coinmarketcap. See:
https://coinmarketcap.com/currencies/firstcoin/historical-data/?start=20170919&end=20171219From 29 October '17 to 14 December '17, the marketcap column is empty. It is also worth noting that on 28 October '17 the market cap was over 198 million, while today it is only 31 million.
5) If it were a legitimate project, the positive comments come by themselves.
6) They are the same people who have participated in other SCAM projects such as: Onecoin and CoinSpace (in this case too they were at the top of the "pyramid")
Should I continue to highlight other "quirks"?
This announcement and its comments make the chickens laugh ...
You can see more details here:
http://truffacoin.com/firstcoin/firstcoin-la-super-truffa-piramidaleP.S. Sorry for my English.