any take on Corion? I always have trouble dissecting these "financial instrument" tokens/systems... what has me concerned is the 2.5% profit per day claim and I am trying to figure out if that entails a ponzi scheme or just ridiculously stupid inflation
Take a look at this post: by @eeks: https://steemit.com/ico/@eeks/the-etc-ico-corion-io-may-be-a-scam-picture-proof-be-very-very-careful
Thanks, good to be able to read more about it. I was not thinking of investing personally, but that 2.5% thing kept eating away at me as far as "man this may just be an outright scam and maybe I should warn people". I know people raise red flags on every ICO, and if we could identify in advance "what's a definitely good coin/token concept" then everybody would be a lot richer lol. But yea this one had me legitimately concerned people are going to lose money.
Sometimes it is that little voice of reason in the back of our minds that is the best judge of when to apply caution.