Scary thing... Looks like LTCG scam ending before GAW scam. Everything crypto is just a cluster fuck.
Sigh, another newbie troll.
With lack of buyer confidence (which is happening right now), if it's a ponzi, we will know really quickly. Within 2 weeks or less. If it's a real business, no buying won't affect things at all. If it is a ponzi, no buying will mean it will be dust. All will be revealed very very soon either way. Don't shoot the messenger. I don't have any bias at all. I own some shares. My car payment isn't depending on it like some apparently though.
Whats the cause of thinking that there is any lack of confidence? anything happened? i've got all payments before, now expecting todays payout... cant understand where the panic originates from...
I hardly believe LTCGear is a scam, ROI rates are way to high for it to last year or more...
It hast the highest ROI i know... But sure everything is possible
From what I'm reading it appears that buyer confidence in it is drying up fast, obviously because of the problems recently and now the delayed payment this week. This is just anecdotal based on reading threads, various people saying they are no longer going to reinvest or buy more, or some saying they are going to sell off soon.
Here's some more threads on it.
https://nxtforum.org/assets-board/reserved-5816/740/
https://hashtalk.org/topic/24470/current-state-of-ltcgear-payouts-and-more
