it is a scam imo, if you bail out like that it is hard to say it is not a scam. Those layers dont say if the money in reserve will be paid out at tokenowners or partcipants in the ico. So i dont understand why people still buying confido. > 8000$ today and +200% rise ..... lol
There is money to be made in scams too. Consider a possibility that if the confido team do decide to give away the funds which they have collected, it means that they will be paying out about 375,000 or less to its investors and right now the market cap is somewhat near 150,000 which even too is a 100 percent increase from what it actually was before a day.
So still people are thinking that they can make 2x or 3x if they put in confido and just get the money back. This is complete stupidity of people who don't consider that the team might have bought confido at the cheapest amount and will likely pull off another stint by dumping at a higher cost and then running back.
No one is literally asking the law firm that put up the notice and even the ceo's links to his past companies were fake as told by pepsico. Still people are trying to make a buck out of it and in that they will end up losing much of it again.
How bullshit can one say by telling threat to life for trying to build a product? I mean one time the product is not feasible, other time some lawyer screwed them and now someone is trying to kill them?
I like that crypto is gaining more and more investors nowadays but it is bad to see that dumber people are coming into it and crying out when things dont go there way!
