Funny?

That's a serious offer.

I own these 70 million sikka coins.

Do you want to buy these coins? I would be happy about that.

70 million sikka coins for ONLY 0.7 BTC - that's a bargain.

Please.

Send me a private message if you are interested. Maybe I'll give you a discount on top.

Hi timlaitoi,

I would like to sell 70 million sikkas to you.

SPECIAL offer for you and ONLY for you:

Exchange rate: 1 sikka = ONLY 1 satoshi = 0.00000001 bitcoin (BTC)

70 million sikkas = 0.7 BTC

PLEASE send me a private message. Hurry up. You will never get this opportunity once again to buy this cheap. I will make you rich!!!!!!!!!!!!!!!!!!

Regards, your sick_sikka

OK - I got it.

Have to rethink my image of humans. Of course they are not all of you like you. Namely rational thinking and clever. There also people who are dumb and do not deserve anything else than to lose or to come into jail if they do not want to hear the reservations.

Do whatever you want. Mine this coin. Or any other coin. Have fun. 

This project makes so much fun. Sorry, that I did not saw it at the first glance. 

But you are not the only one. Take a lot of fools and it works for a certain time. You will have some fun while trading it and at the end - i promise you 100% - you will take a loss.

Its neither a scarce commodity like gold nor it is money you can pay with. In the first case you also can take 1 billion sheets of paper and write "bitcoin" or "sikka" on it. Then transfer these sheets of paper from one person to another. Yes. Make a block - you as a miner will do it and you will be rewarded with more sheets of paper with the written word "bitcoin" or "sikka" on it. Wow. Impressive. And if you have a lot of luck you will find people who do not understand this. Because you are telling them a lot of fantasy stories about blockchain and getting rich. But blockchain is nothing else than the mechanism I described here. You can transfer these sheets of paper globally - yes. And you can transfer it fast - yes. But you also can take another 1 billion or 10 million or 100 trillion or only 42 sheets of paper. write a name on it and give it the ability to get transferred not multiple of times but only once and save and fast. Ok.

HOW do you transfer something is cool. The technology is allright. But WHAT you are transferring, this has no value.

So I have to disappoint you. If you mine, you have too much of money or energy or its not YOUR resources that you are wasting for something that has no value. Or its your aim to waste money as fast as possible. But usually you want to generate more money out of a certain sum of money. Real money - not these toy coins.

Private money? Bullshit. At most you can consider this as toy collecting. If you find another one who pays more for that. Congratulation.

It will take time and then also the most stupid ones will understand that they are trading pieces of worthless paper with only a written name on it.

But IF you know it better than me, than have fun with mining it.

Sorry, I did not consider the infinite greed and infinite idiocy of people.

I am a basher? Ok. From your point of view - yes. But sorry, I cannot praise you for what you are doing because this has no social function at all. No good and no service will be delivered here with this coin as a medium. Maybe the wish for gambling if you trade the coin itself. Its a gamble. The best is, to warn the ones who are able to think and who do not want to lose. And this I have done.

Who is willing to pay the highest price? Nobody. You pay or mine for the hope to find another one who pays more for it.

Its a ponzi scheme. Thats what it is. And nothing else.

A snowball system.

And this will end as it started: with a value of 0.

I wish you good luck not to be the one who holds these coins in his wallet at the end. They will be worthless.

Every miner is a hero and a celestial bliss for human kind. Is it allowed to run a ponzi scheme? And even if it would be allowed, its unethical.

But hey - I am a basher. Yes, I bash. Anything else would be an insult to my intellect. Really.

No - keep on mining. Great project.  Clever and smart initiator.  The coin has great properties.  Great wallet.  Super safe.  And super easy to handle with.  And its purpose - wow.  I am deeply impressed. Keep on mining.  Yes. Mine more!  Buy the Baikal Giant N. Make the seller of mining equipment rich.  Buy shovels for this digital gold rush. Ignore that the seller of shovels became rich during the gold rush in the 19th century in America and only a few of the gold hunters. 

Keep on dreaming! Mine more. Yes, put in ALL your resources to mine this coin.   

(irony off)

Honestly. If you want to get rich: buy stocks.  Buy PayPal.  You can hardly do anything wrong with this investment. 
If you want a scarce source: buy gold.  Its really unique. You cannot mine another metal and write "gold" on it. This would not work. This only works in the world of cryptos.
And if you want to pay instantly in the internet: Then use the service of the company you invested in: PayPal.  (disclaimer: I still do not own PayPal stocks)

Done.

The only advantage of these coins could be, if hyperinflation would come real, then such a coin could overtake the function of money for a short period of time like cigarettes did it after the second world war. But anything beyond this, you can forget. Gold is superior. What you choose also depends on how easy it is for you to buy gold or crypto coins. Actual example: Venezuela.

Second scenario would be: a dictatorship where anonymous transferable units could overtake the function of money for the resistance. But this should stay a dystopia.

On the other hand, if these coins are pseudonymous or even anonymous and these coins get too valuable. Then big amounts of cash equivalents could be transferred for illegal purposes or for terror financing. And I think thats a more likely scenario and a more realistic threat for our social life.

mss1908 wrote: "AND I AM ABONDONING SIKKA FOR GOOD. AND ALSO WITH IT ABONDONING HALF A MILLION COINS I MINED TILL NOW."

Right. The best choice you did in this case as I made it weeks ago. Its anyway a fake coin mining system, because I suspect that in fact monero or any other listed coin will be mined with the help of the sikka pool. So the miner of sikka receives toy money and the pool operator (who is it? is it user "sikka"?) uses the hash power to mine monero with it. You can delete the wallet and you will miss nothing. You will lose nothing. Quite the contrary - now you have the time and energy to pursue your own personal goals again and not the goals of a coin initiator who is greedy himself for hash power and is cheating for this reason. The loss of this toy money was a personal WIN for me.

And how the pool operator respectively the user "sikka" or whoever could justify his fraudulent acting?

Simple:

1. He accuses all miner to be GREEDY who do not deserve anything else. Greedy people deserve to get pickpocket. => user "sikka" writes: "we are not here to serve your GREED." or "No one was here for making money before all you greedy people who don't have clue what crypto movement was, This single line signify you dont get it."

2. Its the miners own fault if he is so dumb to mine the coin "sikka". Its their own fault if they mine to get rich. user "sikka" say: "We have repeated in past and we repeat now, we have never asked anyone to mine Sikka." and "By no means We have asked people to mine and We are not selling anyone anything here." So he does not ask and therefore he does not own the miner anything. A fine justification.

With these 2 justifications you can run a pool with a fake coin - just to produce the imagination in the miners mind he would mine a real coin - just for show and in fact the initiator of this coin is mining another coin - of course only for his wallet. The miner himself gets worthless toy coins. Bad luck for sikka miners.

The pool operator gets rich by mining monero and sikka-miners get a fake coin. Greed must get punished. So the sikka founder is doing something good in this eyes.

This makes the most sense to me.

And thats why user "sikka" is claiming: "So don't expect any miracle in coming months or listing."

In this system you do not need a wallet GUI nor another pool nor a coin listing or even a solution to block baikal giant N user from mining this coin (more hash power is needed for this pool from the perspective of the fraudster, the more hash, the more monero or any other coin) or any other further development because the aim with cashing in the hash power via the sikka pool (no single mining has been provided) is already met. There is simply no motivation for it.

No. In contrary, any further positive and constructive development would be bad. That would lay open the swindle. The coin exchange would check the seriousness of the coin initiator or team and this is not wanted here. The justification of the coin initiator is here: user "sikka" says: "Check IRD started before us, not on exchange, check others, max they have achieved is going on exchange, which is what some dollars for listing." So the user "sikka" sells himself as to be economical, not to mention greedy. He has time. Yes. The longer the pool runs, the more monero he can mine.

User "sikka"  will never deliver anything except your wish of becoming rich while mining this sikka-coin.

Very malicious.

It seems to me that there are a lot of frauds outside in the world. If they have the opportunity to trick someone they simply do it. No scruples.

If you really want to get rich this only will happen slowly. Step by step. Over time. Buy the stock of the company "PayPal".

PayPal delivers a real and working and worldwide accepted method to pay with in the internet. And its the best method in my eyes. Its an high valued and therefore expensive stock but it has definitely a running and working and profitable business model and a positive future. I use it myself and I am convinced of this service. Simple, beneficial and free of charge for the buyer. There is hardly anything better on the market. And the worldwide online business is growing.

Disclaimer: I do not own myself any stock of PayPal nor I am an employee of PayPal.

Its just a thought how to invest your money seriously and with a high chance of success instead of wasting your money for the energy bill and to receive nothing after all.

And generally from my point of view, there is no need to use the blockchain as a method of payment. Really. There are other possibilities to use that technology. It simply does not suit the needs of money.

You can not use cryptocurrencies to pay with because there is no worldwide acceptance for it. Nor does it suit the need of a scarce and therefore valuable unit like gold. Cryptocurrencies are not scarce and every day new cryptocurrencies are being added to our world.

To use cryptocurrencies as a form of money just redundant.

And its price is totally overvalued - like the prices of tulips almost 400 years ago in Holland. This is a classical bubble. The price even of bitcoin will come down to ZERO again. High valuations are no proof that something is really valuable. A lot of buyers simply cannot judge the new technology and its purpose. But after time they will recognize. Its worthless.

Money is a public good. You cannot create it privately AND assume the whole world or an acceptably big enough crowd of people will use it. And only under this condition money will work as a medium of exchange to trade goods and services. The history of private money is documented and it always failed. Research for yourself. But you can create private money but it will not become accepted. And less than ever from public authorities.

Public authorities will always ONLY accept public money. <= Thats the central idea. If you keep this in mind you know that Bitcoin and Co. will collapse.
And public authorities of course want to have control about the vehicle they are issuing. It must be taxable. It should be transparent. I am wondering that cash is still a legal tender and allowed. It does not fit the perfect needs of public authorities. And anonymous money? Are you kidding?

Forget it. Rather they will close every single server on this planet.

The only need every cryptocurrency satisfies is the wish for GAMBLING. The wish of getting rich - QUICK and with NO WORK. And with a low stake. For everybody possible. But if everybody is rich. Who paid everybody? This cannot work. Its a question of logic. Obviously a lot of people cannot think in a proper way (not to mention they are just dumb) and are indeed just full of greed. Greater fool theory is working here. And nothing else. And the greater fool will be paid out with immense losses. This will hurt. The winner in this game will be early adoptor respectively the initiator if they do not forget to cash in.

And even as a method of money transfer the blockchain is no practical because of its price fluctuations.

And as a method to pay with I think PayPal is much better than Bitcoin and co, not to mention all the other hundreds of digital coins or even sikka. No chance to capture the market and to survive. And if you want a scarce commodity then simply consider to buy gold. Done.

Keep away from fraudulent people. They are often anonymous. So you can spot them. They do not reveal their identity. A serious businessman or friend has no problem with that.

Keep your resources for yourself. Do not reward the fraudster for their fraudulent acting.

sikka - what an idiot you are really?

You are not even able to write proper English, you retard. Alone which simple and harsh words you are using is revealing. Try learning English language first until you try to set up a so called "currency"? You fool do not even know what a currency is.

Who is "we"?

The "very genuine community project" does consist in complaining about the greed of community members? Give the community the definition of "greed", you retard! And what is bad on greed you stupid victim? The whole ecosystem is based on greed. The whole life is based on greed. Is greed forbidden in your religion? Is is THATS WHY something negative? You idiot? Learn to use your little brain instead of insulting people for being greedy and let everybody for himself decide WHY he is acting for whatever reasons. And forget the greed polemic. The whole cryptoshit is a project of greed or WHAT ELSE it is? Bitcoin and Co. - toy collectors are collecting digital units. And nothing else. And greater idiots are paying for this more the the idiots that did before them. What else should sikka be? You thought the community would do some amazing things what you as a developer should do? You are offering worthless digital units and you are really awaiting any effort for this? Hell, are you dumb?

And what was YOUR effort? To set up the 100th digital unit transfer system based on the algorithm "cryptonight"? You - sikka - you are so dumb and stupid, that on your own website there is STILL written: "Algorithm: Cryptonote". Do you read and understand what the community wrote you on slack? "Cryptonote" is not the algorithm, thats cryptonight. Cryptonote is the protocol, you retard!

And if you try to subcribe your bullshit-newsletter or whatever via e-mail then they is still the error message: "There was an error trying to send your message. Please try again later." I bet you did not even install the website by yourself.

To make mistakes is one thing but not to revise made mistakes after someone told you already the solution, the comprehensible solution. THATS completely another thing. Thats just and simple just dumb.

Dumb is also to pay certain people for nothing and simultaneously awaiting any effort for that. You are not smart, you are not busy, not even communicative and you are not a developer NOR somebody with experience NOR somebody who can manage a project. You are just an idiot. Thats all.

And because we all know now that you are an incapable idiot, give the community the required tools and information to develop an intelligent and user-friendly wallet.

And - sikka - initiate a crowdfunding to get this coin listed at any exchange. Are you at least able to get this startet? Or are you not even able to get this started?

Or pay with US-Dollar the one who is able to develop a gui-wallet. To start such a project and not to get startet a gui-wallet. Thats a joke. Even an idiot can do this. We need all the information to handle the problems by ourselves. We dont need an idiot like you, sikka. You are just a clueless person with NO idea how to run a project. To pay for promises - LOL - and then you receive nothing. We gave him 100,000 Sikka and promised to pay more once he deliver Wallet for new code as well. He did exchanged messages but later became unresponsive. LOL How dumb are you really? Tell me. how dumb?

You can be glad if I do not accuse you to be a fraud. Not to communicate any roadmap but to receive the hash power from your community is just an insolence. And to tell us "So don't expect any miracle in coming months or listing." lets me assume that you are the only one (with some naive idiots) who are doing nothing else than an insider deal. To mine up-front and after mining a huge share you are listing this coin. Thats fraud. And trust me. We will take you to court with this. If you think you can anonymously mine your sikkas up-front and sell them to unsophisticated people then you have misunderstood this cryptothing. We will send you to prison. You can bet on this. If this is your plan.

We have created our initial draft for our vision

What is your vision? http://getsikka.org/wp-content/uploads/2017/11/Sikka-Vision-Document.pdf

Your Sikka-Vision-Document is crap. "sikka is started with an aim to provide unique offering in cryptocurrency space and speed up mass adoption of cryptocurrencies"

you small minded person cannot differ between the instrument "sikka" itself and the purpose this instrument should be used for. DID you offer ANYthing in your "cryptocurrency space"? The "mass adoption" is pure megalomania. You should not consume these substances anymore who made you writing this.

First define what "sikka" should be. And what for? And how it can serve for this purpose? And the purpose what sikka should be designed for is what? A second silk road?

You have not even a clue why the bitcoin did rise in value. You did not a single time asked yourself how the bitcoin crew did manage their project. Do you think they did it for love? For humanity? LOL With NO price?

Do you work for NO price, sikka? Do you get food for NO price? Do you even get a girl-friend for NO price? EVERYTHING HAS ITS PRICE!!! And if this is not the case, it is not existent. But I dont want to give you a lesson. You dont have the money to pay me.

I just want that everybody here can see that you are highly probable a fraudster. A preminer. The biggest GREEDY one among us. A person who is dumb, naive, insulting and insolent. A person not able to accept made mistakes and not able to correct these mistakes.

I bet, everything in your life will end like this project. With a completely failure.

"We always wanted to list on exchange but considering greed in community, where people just want to mine and dump and don't give a fuck about project growth or anything."

You are a liar. Define "greed". Define "not to be greedy". Its casting pearls before swines to explain YOU small minded wannabe but cannotbe how any business is working. Do you thing Google or Facebook or Apple would be as much valuable as they are today if no one would have been greedy and wanted to get a profit by providing his efforts to this story? Do you think google founder Larry Page and Sergey Brin could have brought Google to what it is today? The time of the single genius minds is over. The time of the Da Vincis and Edisons and Fords. Today a project involves more than just one bullheaded opinion. You - sikka - you are stewing in your own juice. The result will be a completely failure. And not "Either we will be among big things in crypto or we will be closed. There is no middle path just to make money."

Haha. You retard.

Someone like you - who hates greed and money and even does not have any clue what money is - will NEVER have money NOR deserve it to have money. "sikka" a big thing? Are you dreaming? Its actually NOT even a priced thing. It will never get big if you want to wait for month: "We have always mentioned our position that this is long term project" - you retard. Always I read this, it was another description of: "Yes, I have lost control and this project is worthless." .... long term project. LOL. Your wallet already is a long term project. You are not operating in an area without any competition. You idiot! If you would be my supervisor, I would buy your share on the company and displace you instantly, fool!

"So don't expect any miracle in coming months or listing.
But before miracle comes, if ever, we will surely make a way to screw up those greedy people."

You clown are still believing on miracles. You have proven that while opening a so called cryptocurrency without any knowledge. You are not even able to recruit or motivate people to create something NOR are yourself able to do so. You are a completely retard.

And HOW you little clown want to make a way to screw up those greedy people? By not listing this coin?

But you are writing: "We always wanted to list on exchange but considering greed in community, where people just want to mine and dump and don't give a fuck about project growth or anything."

so with greed there will be no listing? But with NO listing there will be NO growth - not even a simple stupid wallet gui. Idiot!

And whats wrong if people dumb a coin? The better for you! So you can buy cheap! Do you want to tell anybody how many coins he has to sell and to buy for which price and from whom?

You are a monarch with no kingdom.

You have the mind of a dictator and nothing else. You want anybody else to do the work while you are sitting on your throne. (must be a religious thing. I assume you are a little indian boy. religious. not a clue how to start a business. no money. jealous on people with greed and the will to change things. thats why you are accusing your own community. what a poor form of life)

Look for all dictatorships on the world. Where did they end?

So your little sikka will end.

It did not even start.

Just sad.

I despise your dumb, self-satisfied, foolish, naive and dreamy acting. You are a real loser for me. Thats proven.

Not worth to reply to.

The next big thing is your vanishing. LOL.

Blockchain’s Broken Promises

Jan 26, 2018 Nouriel Roubini

Boosters of blockchain technology compare its early days to the early days of the Internet. But whereas the Internet quickly gave rise to email, the World Wide Web, and millions of commercial ventures, blockchain's only application – cryptocurrencies such as Bitcoin – does not even fulfill its stated purpose.

As a currency, Bitcoin should be a serviceable unit of account, means of payments, and a stable store of value. It is none of those things. No one prices anything in Bitcoin. Few retailers accept it. And it is a poor store of value, because its price can fluctuate by 20-30% in a single day.

https://www.project-syndicate.org/commentary/why-bitcoin-is-a-bubble-by-nouriel-roubini-2018-01

Worse, cryptocurrencies in general are based on a false premise. According to its promoters, Bitcoin has a steady-state supply of 21 million units, so it cannot be debased like fiat currencies. But that claim is clearly fraudulent, considering that it has already forked off into three branches: Bitcoin Cash, Litecoin, and Bitcoin Gold. Besides, hundreds of other cryptocurrencies are invented every day, alongside scams known as “initial coin offerings,” which are mostly designed to skirt securities laws. So “stable” cryptos are creating money supply and debasing it at a much faster pace than any major central bank ever has.

As is typical of a financial bubble, investors are buying cryptocurrencies not to use in transactions, but because they expect them to increase in value.

Until now, Bitcoin’s only real use has been to facilitate illegal activities such as drug transactions, tax evasion, avoidance of capital controls, or money laundering. Not surprisingly, G20 member states are now working together to regulate cryptocurrencies ...

Since the invention of money thousands of years ago, there has never been a monetary system with hundreds of different currencies operating alongside one another.

In the US, the reason we do not use euros or yen in addition to dollars is obvious: doing so would be pointless, and it would make the economy far less efficient. The idea that hundreds of cryptocurrencies could viably operate together not only contradicts the very concept of money; it is utterly idiotic.

But so, too, is the idea that even a single cryptocurrency could substitute for fiat money. Cryptocurrencies have no intrinsic value, whereas fiat currencies certainly do, because they can be used to pay taxes. Fiat currencies are also protected from value debasement by central banks committed to price stability; and if a fiat currency loses credibility, as in some weak monetary systems with high inflation, it will be swapped out for more stable foreign fiat currencies or real assets.

As it happens, Bitcoin’s supposed advantage is also its Achilles’s heel, because even if it actually did have a steady-state supply of 21 million units, that would disqualify it as a viable currency. Unless the supply of a currency tracks potential nominal GDP, prices will undergo deflation.

That means if a steady-state supply of Bitcoin really did gradually replace a fiat currency, the price index of all goods and services would continuously fall. By extension, any nominal debt contract denominated in Bitcoin would rise in real value over time, leading to the kind of debt deflation that economist Irving Fisher believed precipitated the Great Depression. At the same time, nominal wages in Bitcoin would increase forever in real terms, regardless of productivity growth, adding further to the likelihood of an economic disaster.

Clearly, Bitcoin and other cryptocurrencies represent the mother of all bubbles, which explains why every human being I met between Thanksgiving and Christmas of 2017 asked me if they should buy them. Scammers, swindlers, charlatans, and carnival barkers (all conflicted insiders) have tapped into clueless retail investors’ FOMO (“fear of missing out”), and taken them for a ride.

As for the underlying blockchain technology, there are still massive obstacles standing in its way, even if it has more potential than cryptocurrencies. Chief among them is that it lacks the kind of basic common and universal protocols that made the Internet universally accessible (TCP-IP, HTML, and so forth).

So, forget about blockchain, Bitcoin, and other cryptocurrencies, and start investing in fintech firms with actual business models, which are slogging away to revolutionize the financial-services industry. You won’t get rich overnight; but you’ll have made the smarter investment.

Nouriel Roubini, a professor at NYU’s Stern School of Business and CEO of Roubini Macro Associates, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.

If anybody is still mining or even buying this crap of crypto-bullshit then he will have to pay one day for one or the other or both of these dumb ideas.

Two things are infinite: the universe and human stupidity; and I’m not sure about th’universe!

Albert Einstein

a) so called cryptocurrencies are imploding

and

b) interest rates are exploding

= very toxic.

A CRASH in all asset classes is IMMINENT

WE are only seconds away from the ultimative CRASH !!! I am very, very certain !

Cryptocurrency fiasco and rising interest rates will initiate a shock and therefore we will see further CRASHs in stockmarkets, bondmarkets, real estate markets and commodity markets !!!

This will end horrible. The world economy will crash. I am MORE THAN CERTAIN. Its not anymore a question of "if" but a question of "when". I am more than sure it will happen in until spring 2018. A Crash the world never has seen.

I also never thought about it, because I do not have the racoonity to even consider that but it would make sense here. A "bright idea", btw.

Who is wasting 24/7 around 20 KH/sec for nothing? After a half year, nothing happened. Absolutely nothing. The dev is incapable to create even a GUI for a wallet. Thats ridiculous and insane still to believe in this "project", which is not even a project that deserves this name. Some people must be very greedy to spend 20KH/sec for the hope of getting rich. The cryptobubble is bursting anyway. It does not matter what the name of any coin is, it does not have any practical use. Neither to pay with nor to use it as a store of value. Both is absolutely an illusion. Its just a mega ponzi scheme lighted by news in many mass media like CNBC and so on. The one who paid the highest price will pay the one who paid less and thats all. Now the governments will forbid it. China did it, South Korea did it and trust me, Europe, Russia (Russia recently denied but will forbid it, too, in the long term) and the US will do it, too.

Bitcoin & Co are crashing now and will never come back. No advertising more on facebook for example. See marketwatch.com/story/no-more-annoying-bitcoin-ads-on-facebook-2018-01-30 Nobody and really not a single government is interested in a non government controlled currency or digital asset. And 20,000 bucks for a bitcoin was an alarming signal for every single government around the world, because is shows how risk seeking the audience is. We will never see 20K again in bitcoin. And other coins you can forget, too. Maybe the ripple or tether have a chance but only MAY BE. Any other coin is pure fiction and will be worth only a couple of cents in some month until years.

And to have more than 1,000 coins is completely mad. There is only 1 Facebook and there is only 1 Amazon and there is only 1 Google. There also can be only 1 coin. (Today every nation has a coin, but in future only a few coins will rule the world, maybe only 1 coin - that would be the most efficient coin, but a little competition even between coins cannot be wrong)

And as a mean of payment you can forget any coin (theter and ripple excluded). They could be take over the function of cheap and fast money transaction in the internet but still connected to legal tender as the us dollar is one. But as a store of value? Gold is superior. So as an asset it does not make any sense. And as a currency it will not be allowed by governments. And if any cryptocoin will be used to make transactions without paying any tax, supporting terror actions or to trade prohibit goods or services then the governments will find a way to stop this. They will prohibit any crypto exchange and even only the crypto exchanges in the U.S. would be enough to let the prices collapse so they would be almost worthless and criminals wouldnt be able to transfer value anymore. Or interpol will find and stop main servers or will not allow operators of servers to use it for cryptothings of all kinds anymore on pain of penalties. The price will collapse even more then. And if other countries would allow this, trust me, the axis of evil will be extended and destroyed.

But apart from that here we have some really greedy as well as stupid people who are still mining this coin and we have the dev who could be connected directly or indirectly with the pool.

And to let the stupid audience of miners think that this coin will be sooner or later come to exchange will encourage them to keep mining.

But if this coin will never come to exchange the dev could use the hash power to mine another cryptonote coin like monero. Yes, I think, that sounds more than convincing and plausible. But it must not be. I have no clue about that technical things I ve to admit.

But also look for https://bitcointalk.org/index.php?topic=1080067.0

So - you may twist and turn it - neither your hash rate could be misused to mine monero for the pool operators or even more important is the fact that a non government controlled coin or asset will stay a fiction. Even in a decentralised world.

Bitcoin was the first usecase for blockchain technology but it will fail and of course other coins like sikka or whatever more than ever.

You are wasting your resources - time, energy, technical equipment respectively money and of course nerves.

Google "tulip bulb". Humans traded a vast scope of worthless things. They did it with tulips, they did it with shares, with post stamps, with CDOs (colleteral debt obligations until the financial crisis in 2008) and now they are trading digital units in 2017 like hell. Unbelievable but thats the nature of humans. Partly completely not comprehensible and unreasonable.

2017 was the spike of crypto mania - very exciting for the ones who have been or are still involved into this mania but bitcoin and co. have no social function as money does have it and its not a store of value. It is just a vehicle of speculation like tulips have been in 1620 - 1637.

Enjoy the last months of cryptomania. The interest rates will rise and therefore stock markets, bond markets, real estate markets and any other markets will come down in prices.

And you want to bet on a rising crypto market?      

 

The crypto market will implode at first.

My advise for the honest and prudential people here is: Forget it and save your resources. You will thank me for that advice in several months when bitcoin is worth again only a few hundreds of bucks or even less. And the project "sikka" is like the wish to open another online shop after amazon already opened years ago. Completely doomed.

My assets are 100% in cash and I feel fine with this. And the more the prices come down the more fine I feel ))))

I never mined nor bought a coin. That´s completely nuts. But its funny and at the same time even scaring to observe how people are getting rich and others will get painfully poor.

The crash is not over. It will ruin a lot of people. This will get very very painful I assume. The most uninformed and naive people bought in late 2017 and these people will leave the party at first and never and really NEVER come back.

The coin initiator of this coin - sikka - is a pure fraud.

Its a hidden premined coin. Thats evident.

IF and only IF - what I am doubting because cryptocurrency bubble is acutally bursting and will never come alive again - this coin should become an exchange traded coin its a clear case for the SEC.

Initiator of this coin will be arrested. Reason: fraud.

To have a coin means to have responsibility to its miners. Thats NOT the case here.

Hereby I want to warn everybody to mine or even to sell legal tender against this coin. It will be a 100% loss for sure.

Its a pure waste of time, energy and money.

U.S. Department of Justice (DOJ) will soon forbid any trading in cryptocoins against legal tender. You can trade Bitcoin vs. Monero or whatever but not against USD, EUR, YEN, RUB, JPY, CHF or CNY or any other legal tender soon anymore. Forget it. This will be forbidden soon. Have fun in trading pearls against shells. This will be allowed but this will not motivate anybody to do this.

youtu.be/Vcq0_h1_J30

youtu.be/40OuVyVGdIM