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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: turtlehurricane on April 28, 2014, 07:43:17 PM



Title: ...
Post by: turtlehurricane on April 28, 2014, 07:43:17 PM
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Title: Re: The completely unfair distribution of yellow coin
Post by: mr_random on April 28, 2014, 07:47:54 PM
Seems like all the color coins besides black coin are run by total noobs.

So far, yes.

It should be a big red flag anyway when you back a coin which is pre-mined. 9 times out of 10 the developer dumps his coins and runs away. And then pops up a week later with a new coin under a different account.


Title: Re: The completely unfair distribution of yellow coin
Post by: KingSchultz on April 28, 2014, 08:02:35 PM
Seems like all the color coins besides black coin are run by total noobs.

So far, yes.

It should be a big red flag anyway when you back a coin which is pre-mined. 9 times out of 10 the developer dumps his coins and runs away. And then pops up a week later with a new coin under a different account.

Either that, or the developer runs 10 coins simultaneously to increase the chances of a big cash out. If one dies, drop it and add another. It's so easy to do that the whole crypto-community should be avoiding anything without provable ongoing development... I'm sure the same guys have been getting richer and richer over the last few months.