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Author Topic: Which of these Altcoins are a Scam?  (Read 2147 times)
jaceefrost
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March 31, 2017, 10:27:19 AM
 #21

I agree with what most people had posted. You can't generalize as to hich ofthe coins you mentioned are scam because often people view pump and dump coin as a scam coins. Technically the onl legit coin are the ones with a stable market value.
Ayers
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March 31, 2017, 10:41:31 AM
 #22

  • Monero
    Decred
    Siacoin
    Ethereum
    Dash
    Litecoin
    Golem
    Lisk
    Aeon
    Gulden
    Komodo
    zcash
    Ripple
    Iconomi
    Boolberry
    Augur
    Pepecash
    Burst

strongest coins are safe they are not a scam, so decred dash and ethereum are safe, i don't trust dash but whatever, you have also zcash and komodo, boolberry that look legit with dev taht is active, ico are without any doubt a scam stay away from lisk andiconomi, litecoin instead is very dead, but not a scam, the other are trast not much interest, ah and lol ripple is sure at 100% a scam

Febo
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March 31, 2017, 11:21:42 AM
 #23

there has been some evidence posted that monero is mostly mined by a few large botnets. or so i have heard. idk where that post went though

I am 99.99% that half of Monero was not mined by botnets.


Now who are botnets? Unused CPUs.  
So someone hacked your refrigerator to mine Monero for him. Yes HE is a criminal. Lets hope HE will pay his debt to society. But the coin has nothing to do with the hack of your refrigerator, since if your refrigerator would not mine Monero would mine some other coin or do some other calculation.


That is same as if bank robbers went to supermarket buy them self a sandwich. Without sandwich they would not be able to do a bank robbery. They used USD to buy sandwich and in also buy one.  So with your theory, those that issue USD are scammers also the ones that produce sandwiches are a scammers.


Oh also internet is a Scammer since let those hackers hack your refrigerator.
very_452001 (OP)
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March 31, 2017, 12:03:21 PM
 #24

What I mean by scam coin is when the purpose of the developers is to make as much money from the investors.

What I mean by shit coin is that it is not a scam but it's shit in terms of it offers nothing technological new or has very limited capabilities. Similarly like for example launching a crap new brand sports car in the sports car market that is already been monopolised by established Porche, Lambo, Ferrari etc. 
mobnepal
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March 31, 2017, 12:14:54 PM
 #25

I don't think any of the coin you have listed can be called as scam because all of them have active developer team behind and are not simply pump and dump coins.

There was an alt named TODAY coin that turned out to be a scam coin where i got busted, another one is quite new one i.e. VIDZ  which turned into scam after conflict between two developers behind the project.
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