20190122-Is Apollo a scam?

Sunny Decree (Is Apollo Currency a scam?)

He said it is because:

1.        Low market cap (34 mill)  coin.  Very easily be manipulated in price.

2.       Traded on 4 Exchanges and two of them have absolutely no volume.

3.       When any coin that tells you it is better than any other coins out there on their white paper, it has to prove itself.  So far Apollo just a bunch of promises.

4.       Apollo  has only a few developers on Github and since March 2018 only two are active.

5.       It’s not even a new currency.  It’s an fork of NXT that’s already very questionable.   Apollo only changed a few lines in NXT, so it’s a copy.

6.       Rumor is that Stephen McCullah, Business Director of Apollo, is a known scam artist  (Wendy:  he said he has not looked really deep into it.)

7.       Coin shuffling is an privacy feature allowing your Apollo, and other currencies held in the account to be randomly shuffled between user accounts.  This allows an account holder to anonymize their funds nearly instantly.   That kind of sounds like money laundering.

8.       There was a big dump recently.  Is it going to recovered?





9.       Very delusional and high censored telegram group.

10.    John Mcaffe heads their team roaster.

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