Definition of an exit-scam:
To create a hype around coin B (HLM) by saying that everyone who buys coin A (SPR) will get a stake in coin B.
We are talking about a scam when whoever runs coin B also owns most (if not all) of coin A.
Helium was initiated by the same guys who previously tried to control SPR through various ways.
By driving up the price of SPR (through the HLM-lie) they were able to unload SPR onto unsuspecting newcomers who thought they were buying something of value.
I would estimate that the damage done is around 1000 BTC.
If you tried something like this with Stocks you would go to prison for a long time.Look, anyone who can state with a straight face that HLM is NOT an exit-scam is either complicit or one of the suckers who bought into their scam and is now a bagholder and lying to themselves. Neither one of them good.
The story goes like this:
the original developer (mr. spread) was pressured by PR-investors to turn Spreadcoin into a masternode-coin,
soon he felt so cornered and not in control of his coin anymore that he got so pissed that he simply left us without saying any word.
I don't think that is how it happened. Who pressured him?
Mr. Spread's masternode development looks very rushed in hindsight, and his sudden disappearance without comment looks like a giant middle-finger to all those PR-investors to me. I got almost put in the same position myself you know, but I actually do care about keeping Spreadcoin and its blockchain alive and intact!
Meanwhile, you guys have HLM, so what are you still doing here?
Didn't manage to offload all your SPR holdings yet, hm?
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