Maxcoin devs broke every single promise on the deliberately botched launch and instamined the fuck out of it, abused the trust that his fans have for him and stole their money. Russia Today would not be pleased by his antics.
Now people, blinded by the hype, are paying insane money for his trash maxcoins, money that the devs will spend on hookers and cocaine, money his investors will never see again.
Keiser is always droning on about ponzi schemes, well what the fuck is maxcoin then?
It's also possible that this fraud will cause the alt forums to be removed from Bitcointalk because of all the 502's lately.
Who's the financial terrorist Keiser?
Bravo, well said.
+1
That said, he seems pretty upbeat about the launch on his twitter feed... and lots of people who don't care about having their own wallet are enjoying it. Sigh.