Sunday, December 11, 2016

Investing in Ilgamos? Think again before you invest...

Been part of the promising ilgamos marketing plan on their internal ILCoin sales (and mining). Joined since Apr 2016 and while waiting for the stated time frame to cash out my investment (along with my downline) but unable to do so hence sharing my experience and views here for interested ilgamos investors:

Refer to the screenshot:



As you can see since Oct 2016, me and my downline is trying very hard to sell the said ILCoin (for those who need) and till date (12 Dec), havent been successful in doing so. Emailed to the support stating concern and only given a lame excuses on ongoing development of the company and blar blar and never provide acceptable answers to my question.

ILCoin is internal trading coin and never open to outside market, hence kept the sales to internal of ilgamos investors only. Who buys them? Suppose person who need ILCoin (ILC) will buy to use them but without a market place for ILC to be spend, there is no need to buy ILC, period!

The only ILC buyer is those investors who do network sales to attracts new investors for ilgamos (thus earning to themselves), selling their ILC to these new investors who think of using ILC to speculate and earn... Those who do not do network sales for ilgamos hardly able to sell via ilgamos internal channel. And without a market place to use ILC, where's the demand of ILC?

Even ilgamos DO NOT accept their own ILC to buy their gold program (yet... as per their support) and who knows how long more they going to start accepts their own ILC for their gold program? If the whole ILC investment program gearing towards an open market comparable to Bitcoin (BTC), with internal development without 3rd party (open market involvement - which may delay) disruption, should be developing on a very fast pace to achieve using ILC to buy their gold program (which now only using Euro).

So if ilgamos as the creator of ILC still unable to accept their own ILC to be use to buy their (accepts Euro only) gold program, which businesses able to accepts ILC for their goods and services? If there is no demand to use ILC, who buys ILC (except network sales)? If no such real demand in place (internally or externally), how do the value of ILC grow at a steady rate without anyone trading ILC?

If no one (IF only just network sales) able to trade, there is no transaction taking place, how can so much ILC be mine if there is not much transactions? If investors unable to cash out their investment with ilgamos, why invest more? Pure speculation without real demand will only makes the system collapse fast before what ilgamos would like to think to go open with massive users of their coin...

Ending note - Those who think of investing into ILC, please think hard before you part your hard earn money to ilgamos of letting you in but not letting you out with your money. I will update more in the event of any success sales of my or any of my downline's ILC.

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