Why are block and mature times ridiculously high?
As soon as the mail drop starts the price will plummet
Agree'd I already took advantage of the pump and sold a little, made out like a bandit :p chart is obviously going down from here for a while, price has to cool down. |
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Looks like these PUMP and DUMP Scammers got onto coinmarketcap in the top ten without doing anything.
These clowns don't have anything to do with Silicon Valey. They're 50% premine is just another pump and dump scam.
They claim that giving 50% of the coin away to the richest people in America is going to bridge some kind of gap. People living in Silicon Valley will just toss their junk mail in the trash where it belongs.
It's amazing how people continue to fall for these SCAMS. You better get in and out or you'll be left holding the bag while these con artists pretending to be Americans cash out their coins for BTC.
There is no way for them to prove who gets their mail drops or how many are cashed in by people in Silicon Valley. This has been one of the more organized scams with collusion occurring from multiple parties. Just read through this thread and it will become obvious that this is a SCAM and has been one from the beginning. If you read the posts from the dev he is only concerned about getting the coin listed and the price going up so that he can dump the premine and put the btc in his pocket. There is nothing about his vision for this coin other than the propaganda in the OP.
The entire thread is nothing but a bunch of greedy fools talking about the price of the coin. There is nobody in the community that is involved in supporting/promoting this coin other than to sell at the highest price.
Pump and Dump Scam
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SCAM Alert!
SCAM SCAM SCAM!
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Just another CRAP COIN SCAM
Take your CRAP COIN and GET LOST!
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That's the proof of concept. please respect the ideas.
If you feel that's a SCAM. just leave away.
and also warrning.
This is not a coin that you could instamine at the begining.
The design is toward the later miner, the better rewards
The concept of reserved fund and deposit fund will base on and Limited company.
and when all of these is not ready. We won't sell them public.
I am not asking your money. how can I SCAM?
2.71 billion will use for sale at the predefined price at a certain period.Take your CRAP COIN SCAM and GET LOST! |
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SCAM!
Ha Ha Ha! Too funny!
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Take your CRAP COIN and GET LOST!
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Fuck you!!! Is the tattle and prate, in fact, We confirmed the official piCoin, does not exist without payment. It is like you slander....Please do not spread unconfirmed rumors,It would be unfair to us. Look the tx img: picoin:   XSV:   |
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SUMPOOL is a SCAM! They steal COINS.This CRAP COIN needs to DIE!!!!!!!!!!!!!!!!!!!!!
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Just another
SCAM SCAM SCAM
Take your Crap Coin SCAM and Get LOST
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I was wondering when you scammers were going to show up. Sumpool is run by SCAMMERS and they show up for every SCAM COIN launch.I have an idea. Take your SCAM COIN and your SCAM BUDDIES and GET LOST you SCAMMER |
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He does a poll regarding premine and 70% are against it but they premine anyway.
SCAM SCAM SCAM
Take your SCAM coin and GET LOST!
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Take your SCAM POOL and go away. |
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Stop supporting every piece of shit that comes out!!
Stop fucking mining every god damn coin. What the fuck is wrong with you people?
You people are ruining the altcoin market.
There is not enough money in the market for all these coins to rise in price. Every hash you put towards shit copycoins like this is a hash taken away from more deserving coins.
Lower hashrate = lower difficulty = lower price = lower adoption.
Fucking fuck, you people make me sick!
Yes, I'm fucking butthurt. Coins are down across the board because of this shit.
Just stop it.
If its got nothing new or innovative, say no.
If everyone stuck to a handful of deserving innovative coins, those coins would all rise in price and everyone would benefit.
Instead you guys spread us too thinly over everything.
If you mine a litecoin copy with no new features in 2014 you are a fucking tool and contributing to the detriment of the community and future of cryptocurrencies in general.
AMEN!These worthless scammers are pathetic. As are the fools that support these worthless crap coins. This is just another scam. SCAM SCAM SCAM |
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Ok. We all know this is a scam. Only greed makes anyone here to pretend it isn't.
A coin that is using the name one of the wealthiest communities in America and companies behind it can only be a scam.
These people already embraced bitcoin as a tech innovation. They don't need XSV to remind them they can invest in cryptocurrencies and use them!
There is no innovation on this coin. The only difference on this coin is the 8 min block time with a low block reward of 35 coins with a total supply of 35 million coins. That makes 12.5 million coins that were premined. With a 90 block confirmations to mature the coins this makes the perfect combination made to be hard for the miner to dump this coin which is going to speculate the value of this coin to be very high BUT though it is hard for the miner to dump it is not for the premined coins holder!
Now, the scam goes like this:
-There should be at least 5880 blocks mined till the 25th of April. Date that the maildrop was announced.
-Of this 5880 blocks, 205800 coins should be minted through mining.
-There is already alot of speculation around the price but even the price stays around on the 0.02 BTC = $12 USD margin at current market price, that would make those 205800 mined coins be worth $2.469.600 USD. If this would be the case the premined holder would be helding 150 million dollars.
-Now, even if he only dumps the exact same coins that were minted he would be a 2.5 million dollar millionaire!
-And i am only talking on the low speculative price people asking here to cover mining costs. Imagine if it goes 10x that price before the maildrop. This guy would be holding 1.5 billion dollars. Nice scam for a couple of hours of work of cloning a coin and setup a website!
-Well, the conclusion here is that people can shout scam. But even if this is all clear to everyone, the fact is people don't care if this guy is going to become a billionaire as long they get a piece of the pie!!!
-Cold harsh truth in this new old wild west style goldrush to the cryptocurrencies.
Best
Hi, Buddy.. LOL.. You are also called Buddy. We are perfectly matched!!! From the written English, I strongly believe that the SiliconValleyCoin developer is a Mainland Chinese. LOL Hence, it is not surprised that XSV developer is scamming people by making use the name of Silicon Valley. LOL Hey.. Have the XVS Dev provided any evidence to prove his real association with Silicon Valley? This is exactly the same case as HongKongCoin (HKC). There is one more common point between XSV and HKC. Both can be traded in Bittrex.com right after launched!!!  Have been mining for like 4-5 hours and still 0 coins.What the hecks going on?  Ask your pool operator whats going on, recent block finders: sumpool, multi-pool, leet pool Okay.Why did the price of XSV took a dive?It was 0.1BTC now its at 0.001,why? Some miners DDOS pools, talk bad on thread about a coin, and dump some of their coins to scare other miners away in hopes of bring down the difficulty and mining more themselves. So far it hasn't worked as Network hashrate is increasing day by day. That being said the coin has only been active on trade sites for 24 hours or so. Give it a week or two. here: Atomic-Trade 15975 0.00100000 1.00000000 0.00100000 3/21/2014 6:02:01 PM 15974 0.00100000 1.00000000 0.00100000 3/21/2014 6:02:00 PM 15953 0.00018200 20.00000000 0.00364000 3/21/2014 4:18:28 PM 15952 0.00050000 2.00000000 0.00100000 3/21/2014 4:17:01 PM 15930 0.00100000 1.92382080 0.00192382 3/21/2014 4:05:57 PM 15928 0.00110000 8.00000000 0.00880000 3/21/2014 4:05:09 PM 15903 0.00500000 2.21248436 0.01106242 3/21/2014 3:28:39 PM 15899 0.00100000 1.00000000 0.00100000 3/21/2014 2:50:34 PM 15872 0.00100000 2.23760500 0.00223760 3/21/2014 12:38:18 PM 15856 0.00100000 1.29358400 0.00129358 3/21/2014 11:03:15 AM 15638 0.10000000 0.05002060 0.00500206 3/21/2014 4:04:33 AM Bittrex Fri Mar 21 2014 02:27:04 GMT-0800 0.01000000 4 0.04 Fri Mar 21 2014 01:24:12 GMT-0800 0.01000000 3.9 0.039 Thu Mar 20 2014 23:28:31 GMT-0800 0.01000000 4 0.04 In addition we are not yet listed on coinmarketcap and this thread is only a few days old. Give it some time everything will stabilize. Our mail drops will raise media interest. Expect to see a few media reports about us after the first few mail drops and word gets out. |
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Jumping of diff seems the main issue. There are more than one pool who's hashrate is above 51% of net hash rate. That's a danger for this coin! Requesting Coin Dev. to announce it miners to spread hash rate across pools. Have been mining for like 4-5 hours and still 0 coins.What the hecks going on? Ask your pool operator whats going on, recent block finders: sumpool, multi-pool, leet pool OMG now you have cracked me up the most! How does more than one pool have >51%  ? LOL !!!! What a pathetic cluster fuck. I think that most miners have wasted so much time that they can't bring themselves to the realization that this scam coin is a complete fail. |
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Have been mining for like 4-5 hours and still 0 coins.What the hecks going on? Ask your pool operator whats going on, recent block finders: sumpool, multi-pool, leet pool Okay.Why did the price of XSV took a dive?It was 0.1BTC now its at 0.001,why? Maybe because the initial buys were just shills? You are exactly correct. The initial buy at .1 was for 0.05002060. Just another part of this pump and dump scam. |
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