This is just one of those stretches where everything is taking a hit. The new money coming into the altcoin economy quickly flows back out via the "grift of the week." Last week it was Urocoin (a few fraudulent documents NOPE, a bad Photoshop job YEP, and "Uro" in the name which literally means "Urine")NOPE.
I agree this is people main fear with URO the sucking out funds from other players. However when the other players are coins that mean nothing it hardly tugs at the heart strings. Im talking about the new coins not the ones with a history with continuing active developers.
However those older coins haven't seen action aplenty since well before URO and still wouldn't if URO hadn't existed.
Its not the right time. When it is the coins with purpose and promise of support in dev and community will do well.
URO is the most hated coin right now because a/ people love using the word scam b/ people are shitty they weren't on this coin.
URO had one of the most promising unique ANN there has been. Crypto being a speculative market I can't believe people threw money into coins like Razor Glyph or other coins with either a proven shoddy dev team or no plan at all.
Like people say do your own research. I know people that have done 60+ hours on this and are closer to the truth than just copy and pasting the word scam out of bitterness.
I don't know if it is a scam or not. I do know how to trade and make BTC of any coin market thats moving in high volume. My profits will eventually end up in all the successful coins. I hope that is Vertcoin again one day. People praise the devs and community and that is something great to be associated with in a landscape of abandonment and pitchfork wielding mobs