when is the mining launch of the coin?
Keep watching this drama
.Finally time will prove it is a scam.I think maybe dev just send most of the btc to his own address.
For example:
dev ipo by himself 400/550 btc and the others totally get 150/550
When the distribution finish.Dev take 150btc away and dump more than 70%.People will suffer a lot.
Dev can not prove himself didnt take part in the ipo right?
Just one possiblilty.Good luck guys.
scam or not, I do not care. I have one rule. I just mine and never send btc to someone I don't even know his name.
I am not saying the dev is a scammer.
His actions may look like a scam to you but his intention may not be to scam people (sometimes it's the opposite).
6 months ago a dev of another coin was insisting he will put all his effort on his coin, to develop it etc.
2 days after his coin entered an exchange, he threw millions of his coin in the exchange, he made around 30btc.
I told that to the users of the group that the dev doesn't care about his coin but only for personal gains and that his coin will go to 0.00000001 BTC. at that time they called me a troll.
Now his coin is not even 1 satoshi and never managed to enter cryptsy on BTC trading. it's 0.00000005 LTC and ready for garbage.