Latest posts of: VampiricElder

It's been a while? These are almost daily at the moment.

Really? I must be both deaf and blind Shocked

I thought (hope) the era of scam coins was over by now Sad

People really don't know what the word scam means. Selling an IPO and then running with the money would be a scam. One of those hasn't happened since the bathrobe guy.

I agree that there is different levels of scams, the scenario with selling an IPO is fraud, you can go to jail for that.

Making a pump and dumb coin is also a scam in my book, nobody really belive that QTZ will be the payment system of tomorrow - everybody know that this is about getting as many coins as possible and dump them at the right time, nobody is buying in to hold this for a long time (+10 years). Its only about who gets the coins and sell them at the right time. There will be many loosers but only a few winners.

This this coin is designed for this sole purpose, hoping some venture cryptocoiners will buy in, and get punished for their greed, thus making it a scam.

I think if you look at investing for profit in general; players are in the game to make as much profit as possible, typically in the shortest possible time frame. (Leaving long term investments/nest eggs/IRA/401Ks aside - as those aren't "active investments" - rather passive/long term/personal insurance policies).

Real estate, stocks, currency trading, bonds, futures, options, commodities, the list goes on - to quote you "It's all about who gets the (fill in the blank--coin--land--future--stock ipo--) at the right price and sells them at the right time. There will be many losers and few winners."

Long term investments are an important part of an investment portfolio. Altcoins; none of them-- are "long term" investments. The entire crypto-currency industry is still too new to even know if any coin - even Bitcoin; will be here in 2, 3, let alone 10 years.

Altcoins are a playground for ideas, experimentation, and speculation-- many will call it pump and dump/scam coins; but let's not forget coins like Doge... Which was created as a joke and turned into a huge market cap, brand, and icon of the entire industry.

Altcoins are a platform for innovation. For testing ideas. For testing the market. For seeing what works and what doesn't. A place to see what the users will embrace and flock towards, or what users will find no interest in or see no utility of a said's coin's concept. And it is anyone's right to willing decide to become a "Dev"- launch a coin-- put it out there-- and see if people buy in.

As for Quartz. It is meerly a player within this highly volitile; here today, gone the next battlefield which we all willingly chose to be a part of.

While there are in fact scams; where people are defrauded-- they are lied to-- they are cheated-- the code is rigged-- yes this does happen, and it's a shame. Actual fraud should be investigated and put to a stop. But I don't see proof of that here. I see a project that's a soft launch- but it looks like they are doing things (logo has been updated-- thankfully for them).

While I have nothing to do with Quartz other than I mined a bit; as I did Neutron, Sling, Enigma, all of these little micro-coins that have had quick ninja launches-- I do think it's unfair to label it a scam coin-- or label the dev's as anything but new players in the field.

Anyone-- everyone here reading this, has the right to learn how to code, launch, and market a coin all on their own. As long as their is no intent to defraud, no hidden code, or hidden premines/block rewards - it's fair game; and investors know the risks going in.

I have been shocked on more than one, more than ten, more than-- you get the point... occasion to see a little nothing coin have a very low key launch; and end up going up up up... Amazing sometimes just how high these currencies can go. To see a little nothing coin go from 1000 satoshis to 25,000 satoshis with 500 btc in volume on Bittrex-- coins all now long forgotten.

Yes. Some people will get burned. Some people will win big.

Do your homework. Diversify. Don't risk what you can't afford to lose. And choose wisely.

Let's see where Quartz goes.

Strato

Dude, it should have been written in red capital letters, I suggest you to buy QTZ now, because Bittrex for this coin may be a surprise, then you have to buy at 5K sat, because it will be the minimum price for this promising coin. She once went on 3 exchanges. Bittrex, and possibly Cryptsy and Poloniex already on the way.

Very well said to the both of you