Topic: [ANN] ARGO - Masternodes | Skein | PoW | Microtransaction | ZeroCoin Protocol - page 12. (Read 43017 times)

There are more than 3000 cryptocurrency projects.  Many are scams.  Here's a German one that just disappeared yesterday after stealing $50 million https://cointelegraph.com/news/in-apparent-exit-scam-ceo-of-german-startup-is-over-and-out-after-50-mln-ico .

Price didn't drop because of "lies of a scam."  Don't blame that.  EVERY project faces accusations of being a scam, even bitcoin and good projects like Ethereum and NEO.  It's up to every project to show that they are serious and real and to persuade the community and keep their confidence high.  Argo people were only serious in the very beginning when they raised 18BTC in auctions and were very communicative and worked hard just to collect $150,000.  The fact is that they behaved like a scam the whole time.  It is still VERY easy to show people that you are not a scam (just show your code in Github like most projects do, make a goal and deliver on your promises, tell us about your team, don't hide, communicate often, don't say you will do a whitepaper but not have it on your timeline at all and then never do one).  The truth is they never did any of this, so people correctly said they are acting like a scam and have been acting like this for 4 months.

Isn't it strange that they were only active early on when they were grabbing $150,000 (and keeping $80k)?

Maybe it's not a BIG scam, but it still feels like a slow, long term scam.  Maybe it'll be like one of these projects on https://deadcoins.com/ where the developer eventually says "sorry guys I don't have time to work on this project."  Because isn't that basically what's happening now?  How much time do you need to give them before you decide it's not a serious project.





Price dropped due to first lies about scam on 12 Feb.

I don't think this is a scam.
BUT their very poor activity on Discord and telegram in last days is very suspicious! I got last answer from them 4 days ago  

If it is a scam so I don't understand why they did not make fake info about team identity and make some copy of good Whitepaper ... it would be get price high for a while and they would be able to sell their premined coins.
They premined about 730k coins and 100k coins were used for MN auction but other 630k coins are still in their wallet! It was about 1 mil $ when Argo price was high ... And their clean profit from MN auction is only about 80k $ not more. And they spent another $ for fee for other Exchange. And they wasted time with that video and paper wallet.
This is not a 100% scam. There is a chance but if it is scam so it is scam with very small profit. So I cannot to belive it.

My theory is:
Price dropped due to first lies about scam on 12 Feb.
After it they tried to do something with price by another announcements but without big success.
After some days they resigned for actual price and they focused only on their work (or maybe relaxing - only they know).
This is long term project so they don't be so hurry. Because we have big coin inflation still now (about 80-90k new coins each day).
It is better for them wait with another progress some time when more than half coins will be created and inflation will not be so high. Because low inflation = much better price grow. And they have excellent chance to get cheap coins for them to their private wallets.
On base of their road map they should have done their MN tools until end of June. So they still have more than one month for work. And after June we can shout on them they are late.

WhitePaper is another chapter. I got info from them they want to have excellent WP (yes it is only info from them).
But it is necessary for their trust because if they will make bad WP so it is same like no WP. (Maybe it was their first plan to create some WP fast and after some time update it on some excellent one - WP 2.0 in their road map)

It is my theory. I am not part of their team.

Here are 3 possible explanations:
(1) Look at the price graph; many people sold when it was very high. There are the scammers and there are the early masternode holders and friends of the scammers.  Friends of the scammers are usually the early masternode holders.  The friends of the scammers sold lots of coins when the price was high and made lots of $$$$, maybe even to give back the $ back to the scammers.  OR: (2) By holding onto masternodes a long time, they make more money in the long run by selling later, even when price is lower.   and (3) The scammers already got 8 BTC free money in the auctions ($64,000) anyway.  The scammers were the ones who pumped up the price in the first place.

Do you see how this can work? Those are 3 easy explanations that I thought of, and there are many more possibilities.  Scammers are more clever than ever these days.  They can dump their premined coins ANYTIME in the future, by the way, but there would need to be buy orders for this scam coin.

So there's your answer. I hope the "they did not sell their premine when price was high" is your only defense.   Way too many reasons this seems like a scam coin.  And remember it's so SO easy to show that it's not a scam coin.   Just show your code, or write a whitepaper, or give any info about the team, or many other ways.    SO EASY TO SHOW THAT YOU"RE NOT A SCAM COIN.

mn port  - 8989
rpcport???

one question:
If it is a scam so why they did not sell their premined coins when price was very high? I did not find answer for it in your conspiracy theory.

https://thenextweb.com/investing-2-0/2017/10/02/how-not-to-be-scammed-into-buying-crappy-cryptocurrencies/

"Anonymity for project creators and team members:  these days, cryptocurrencies are no longer the pariah of the financial industry and creators of new coins should be bold enough to stand behind their work. If you can’t find any meaningful information on the creators or core team members, you should think twice before you buy."

Github activity and sense of constant growth: "Teams working on cryptocurrencies typically have a GitHub presence for their project, at the very least; their programmer will have a GitHub presence. GitHub is home to more than 20 million developers who work together to review code and manage projects. Any cryptocurrency that can’t show meaningful Github activity is most likely working on copied code (sometimes stolen code) and you’ll most likely be investing in their shiny website and emotive sales copy...Github activity is a decent measure of legitimacy."

https://cryptoslate.com/seven-key-signs-ico-scam/

1. Poor Online Presence:  "One of the essential elements to consider when assessing a potential scam is the individuals behind it. A robust initial coin offering will present potential investors with a detailed team breakdown, listing founders, developers, advisors, security experts, and anybody else associated with the project."

4. Empty GitHub Repositories: "An empty code repository is a telltale sign...Most ICOs propose open-source solutions that make it possible for potential investors to assess their code via a repository link like GitHub.  If your ICO links through to an empty repository, then it’s more than likely fraudulent.  By providing links to their code repositories, ICOs allow individuals with programming knowledge to audit their development process and determine whether the proposed solution is valid or not. Checking that the underlying technology that drives a blockchain solution is well-organized and functional is critical when assessing initial coin offerings."

5. No White Paper, Bad White Papers, or Blatantly Plagiarized White Papers:  "A white paper is the most important element of any initial coin offering. In a white paper, an ICO will present an outline of what it plans to achieve, a breakdown of how the technical aspects of the platform function, and delineate its token distribution model. If an ICO doesn’t provide a white paper, then it’s undoubtedly a scam."

Argo is shady shady shady to the max.  But nothing to worry about right guys?    Raty's deep investigation...lets trust that there's a good reason why the team is hiding everything, making things suspicious resembling a scam and not doing any visible work on the code in 4 months

Another shitcoin for day dreamers.

Yup.  You can tell who is part of the scam or not if they are 100% excited and positive about the project, even though there are so many warning signs and red flags.  White paper was promised Feb 28, and the new excuse is "the awesome video took 3 months to make, so that's why the white paper was delayed!"   hahahahahahahahah.  Now they don't even talk about the white paper any more!

This is 2018, now that we've seen so many scams and bad crypto projects, we must insist on transparent code updates (github updates), good communication, information about a team, communication about weekly work, and a whitepaper.  If people are okay with not having this stuff, they are going to lose money, or they are part of the scam.

You're just dumb if you disagree.  No I will not give you 4 months just to make a stupid video and continue to lie to me over and over.

Be careful everyone.  Read it again: https://masterthecrypto.com/identifying-scam-coins/

Best that can happen will be a community takeover. This would revive this coin ..

Fraud, this is when you sold coins on the node on the presale and ran off with your bitcoins without running the chain. Or when the first listing sells all the coins.

And when the first investors sell coins extracted by the nodes, as quickly as possible. When the participants of the shred nod do the same, when the miners also sell their coins, the price will fall. Otherwise, if you want to sell more than buy.

After a little more than 6 months, the reward from the block will be about 1 coin. The daily output of coins will be 100 times less than at launch. Maybe then the price will change. If by then someone will be engaged in the project.

It seems this coin is also started by russian scammers .. they removed me after i asked questions about project and about white paper.. .. lost almost 1800$ in this scam

Valid discord invite?

Since you are either retarded or a scammer, I'll keep it simple.  Check out this article:
https://masterthecrypto.com/identifying-scam-coins/

https://masterthecrypto.com/wp-content/uploads/2017/09/CRYPTOCURRENCY-2-min.jpg

"Given that the majority of Cryptocurrencies are open sourced, projects that are close sourced, or those that do not reveal their code base, seems to be less credible...all cryptos that have been branded as scams do not reveal their code base or simply doesn’t have them. A huge reason why they’re closed source could also be due to the fact there is no code base at all. You can check out their codes at Github, and if the cryptocurrency doesn’t provide the links to the code, then it is definitely shady."

"No White Paper:   A white paper detail all the information that you need to know about a particular Crypto, from its purpose to its mechanics to its coin dynamics. White papers form the bedrock of any crypto, and its absence signals a huge red flag. Given the fact that a majority of Cryptos do not have any track record of a working product, it’s even more important to conceive a white paper to publish the necessary information needed for investors.

Ghost Team Members:  This refers to the absence of information on the founders and the developing team. The credibility of any project depends on a large extent on the experience, stature and expertise of the founding developers. More often than not fraudulent coins and schemes will not publicly disclose information about the founders, for obvious reasons."


So, Argo completely matches the description of a scam project based upon the above criteria.   You are a fucking idiot with your bullshit answers.   You're not convincing anyone.  "Awesome video presentation" prevented a whitepaper to be done?  Let's say your BS answer is true...that sounds so idiotic that a team isn't good enough to do 2 simple things at the same time.

Enjoy your scam.  THIS IS REALLY SIMPLE, IF YOU'RE NOT A SCAM, DON"T BEHAVE LIKE ONE.

Because a lot of ppl believed that lies about scam they sold their coins with lose and made a lot of price dumps on market.
Now everyone knows that this project is active and they will publish their work soon. But it will be hard to get back some good price. Because a lot of ppl bought cheap Argo and they will sell it asap when price hit some interest value.
Price is more about community that dev team. But yes work of dev team should be much interest for new investors!

Now is problem that they are waiting with marketing after their work will be released. On the other hand, I understand.
Now we only have to wait till WP (which should be very soon) and finally for their MN features which are interesting for many small investors which want to have MN but they are not able to setup it. And this should come on May.
So wait and dont sell Argo so cheap!

still, i dont know why communitty dont make a fucking takeover to try save their loses on this "project".

Hahaha "Special" MN features
Closed source is always a bad sign. Either it's copy&paste or devs want to hide their really bad coding skills ..
Nobody needed a video and nobody wanted a video. All that people wanted was the whitepaper! So they probably should stop wasting their time. Also this video maybe took like 3 hours of time and not more!
MN per click feature is also something nobody really needs and wants. If you are too stupid to get it working you are probably not the right person to run a MN .. go get some service that host it for you then!
my 2 cents

My main questions:
Why are you so retarded?
What is your role here? Are you from concurrent project? I think yes you are and you want to defame this project!

My answers for your silly questions:
1. it is still their know how and they want to be first with this special MN features. They dont want to publish until it will be finished (It should be done May/June - rather May).
2. I don't know exact date. But it is close to finish. Delay was caused by work on their awesome video presentation which consumed much their time
3. MN per click feature, shared MNs and global tool for MN management ... I am not in their team so I don't know deeper details. But it is enough presented in their video presentation.

This project is real and NOT any scam!
I am waiting for your apology because you are talking the same lies about this project!

And about my investigation .... what was your investigation??? Nothing! Only your fictional conspiracy theory which are flushed!

Translation: 

Project scam: done
Don't write whitepaper and be late 2 months and hope no one notices: complete
Close the code to hide the fact it's a scam:  complete
Focus all efforts on a video and external appearances:  done

Raty's "deep investigation" hahahahahah

The devs are totally silent except they whisper all their secrets to Raty.

*3 main questions:*
why are they hiding the code for an open source project?
when's the white paper coming? (actual date)
what development tasks are they actually working on?


If you can answer any of these questions and not sound like an idiot, i will be impressed.  They never talk to anyone in the community though.  Keep asking these questions until they are forced to answer.