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Title: [ANN] Amazon Coin - Unlimited and 100% Premined! Only ONE WAY TRADING. Post by: brooklynite on February 21, 2014, 07:36:40 AM I just wanted to start this thread so we can
There is no mining and there is no algorithm. Very white paper. Such class. Many greed. Amazon even made a Logo for it!! https://i.imgur.com/Dyr1rNK.jpg Image used under copyright fair use. Premine: 100% by Amazon! Pools None! Easy! Exchanges None. Trading uses the latest Crypto technology that is ONE WAY. You can only BUY this coin but you cant SELL it. And there is only one place you can buy this and thats Amazon themselves. No exchanges. Have some coins and want to sell? sorry, You can only BUY this coin you can NEVER EVER sell it. This is just like a GIFT CARD but you can only buy apps with it. Faucets None Promotions Millions of Android phones automatically got updated to show this coin. --- And you thought some crapcoin developers on bitcointalk are scammers? think again. What really gets me is the LOGO and creating confusion about digital currency. Amazon could've simply called these "gift cards" and not "coins" and not create logo like an altcoin. Amazon, please reconsider this attempt. No so classy. Title: Re: [ANN] Amazon Coin - Unlimited and 100% Premined! Only ONE WAY TRADING. Post by: MT.POOP on February 21, 2014, 07:42:41 AM Its a giftcard not a coin.
Title: Re: [ANN] Amazon Coin - Unlimited and 100% Premined! Only ONE WAY TRADING. Post by: poornamelessme on February 21, 2014, 07:52:57 AM Yeah, as stated, it's meant as a form of a gift card, not an actual currency. It's simply used to buy apps with on their webstore -- and I should add, it's usually cheaper to use their coins than actual money (assuming they still have a coin discount going on).
They also have giveaways and usually provide free coins with app purchases, and on occasion have even given away coins with free app purchases. I got like $15 worth just due to promotions. It's hardly a scam, unless some oddball person here tries to buy them thinking they will increase in value or they can sell them on some market. Title: Re: [ANN] Amazon Coin - Unlimited and 100% Premined! Only ONE WAY TRADING. Post by: brooklynite on February 21, 2014, 08:18:06 AM Its not a scam, its just Amazon exploiting the Bitcoin popularity and selling gift cards wrapped in a digital coin shape. Yes you get 10% discount on the App.
Title: Re: [ANN] Amazon Coin - Unlimited and 100% Premined! Only ONE WAY TRADING. Post by: poornamelessme on February 21, 2014, 08:30:15 AM I really, really doubt that anyone buying amazon coins are getting them confused with cryptocurrency. Nor expect 99.9% of their customers even know what bitcoins are.
As for why people buy these coins, you answered your own question. They save money on apps using the coins. Title: Re: [ANN] Amazon Coin - Unlimited and 100% Premined! Only ONE WAY TRADING. Post by: xeroc on February 21, 2014, 08:49:56 AM shitcoin
Title: Re: [ANN] Amazon Coin - Unlimited and 100% Premined! Only ONE WAY TRADING. Post by: Anubite on February 21, 2014, 09:12:19 AM shitcoin +1
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