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RE: Decent Pyramid Scheme?

in #money8 years ago

They had issues during the first hour that were related to the signup process and too many people. The first few folks on were able to do it, then the rest were locked out. It took a little while to get it going again, but they did.
That was why they extended it to 10 hours instead of the original 2,000 BTC. They realized that the tech issues messed up the offering. It seemed like a legitimate solution IMO. I was blocked from getting in for the first hour, but was later able to get in and get my tokens plus the 50%. I had one friend who made it in right away, but another didn't get on until more than an hour after they opened the gates. By later in the day the Slack channel had calmed down and folks had gotten their tokens.
How is this staggered offering any different than Ethereums? The first round gets a better rate than the next round, with each successive round receiving an inferior rate. Of course, Decent is NOT Ethereum. But there are similarities in the structure of the ICO. And, in the end, rather than the initial 2,000 BTC worth offered, they sold almost 4,000 with the 50% bonus.

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Ethreum or Decent sounds scammy to me ;) Even Steemit tho! Anyway, I bought back my Decred. Because Decred is really something serious! Not a company begging for money and offering bonus to early adopters that will dump it right away on the exchange platform!!!

As soon as Decent is trading, I'll sell a portion to break even, or try to profit. That'll go to the next thing and I'll let the rest ride. It's a small bet, but I like the potential of both the trade and the platform.
ETH is up ~4000% from ICO. I'll take that anyday. :)
I looked at Decred too, and am still on the fence. It's a high price, but low volume. From a trading standpoint, it's a tough sell. You like the project?

Yes it's a well backed project!

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