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RE: PowH3D - Profit report
Your posts about CM and effect.ai has been memorable. That's how you got my attention in the first place.
Now I figured that I may ask you about your own personal view. Is PowH3D a scam? is it ponzi scheme? What do you think?
No illusions here, contract can be written (and supposedly is) like developers say it is. This thing will not go forever, since it still depends on new investors, which will sooner or later stop coming in. (Since profit comes from trading(buying/selling 10% fee) of P3D token and over market cap of coin). I've made decent profit and I am sure I am not the only one. In this kind of projects timing is essential. People who invested in bitconnect in April/May/June last year made quite a lot, at the same time people who invested in December lost almost everything, so you have to be careful)
Thank you for your valuable comment.
"In this kind of projects timing is essential."
I absolutely agree. Since there are always going to be new investors willing to take a risk in order to get easy money.
Cheers, Piotr