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Topic: MCAP TOKEN- Complete scam???? (Read 388 times)

full member
Activity: 184
Merit: 100
August 09, 2017, 12:40:22 AM
#1
I saw this coin pre ICO and ran for the hills, they were claiming its going to be $100 per token by November and its bombing. I don't understand how the coin works, so just wondered if anyone invested and knows more than me. Do they invest your funds and pay dividends to coin holders on profit made? Because its super unclear to me. It looks like they are just claiming the token will rise in value purely because its a cryptocurrency and all cryptocurrencies rise regardless of their function. They sold each token for $5 (and continue to do so on the website), its trading at about $1.20 currently.

Like I say, it looks like a total scam to me, but maybe some can prove me wrong.

Here is the website with a terrible video claiming they will make you rich by November - https://bitcoingrowthfund.com/mcap
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