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Author Topic: What the hell is asset backed coin? Number 10 on coinmarketcap?  (Read 2086 times)
Nxtblg
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June 08, 2015, 04:44:08 PM
 #21

I looked at the website, any thread here to learn more. A scam?

http://coinmarketcap.com/

No, it's not a scam. Just a measuring algorithm that's questionable. Smiley






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montaga
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June 08, 2015, 06:52:40 PM
 #22

The chart looks like stairway to heaven da moon...  Cheesy
More like a stairway for lemmings


Lorenzo
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June 12, 2015, 09:19:42 AM
 #23

This isn't a new thing. The exact same thing has happened with heavily premined coins such as Solarcoin and Marinecoin where the devs buy a couple hundred dollars worth of coins every few months and this results in their market caps skyrocketing into the hundreds of millions to billions of dollars range.

In fact, you can see both of them in this recent screenshot:

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September 14, 2015, 10:46:37 PM
Last edit: September 14, 2015, 11:23:48 PM by JohnDing
 #24

looks like Asset Backed Coin is not a scam,it has volume more than $15k today, and it is the second generation of Bitcoin, marketcap is 1billion x 0.5 CNY = 500 million CNY.

https://yuanbaohui.com/trade/abc2cny
JohnDing
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September 14, 2015, 10:55:07 PM
Last edit: September 14, 2015, 11:54:08 PM by JohnDing
 #25

By the way, TRMB is one user defined coin in Asset Backed Coin blockchain, and now TRMB is the 16th in coinmarketcap.com

https://yuanbaohui.com/trade/trmb2cny
bitcoin2-0
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September 16, 2015, 12:04:44 AM
 #26

John, I just checked the exchange, it is amazing, you are right!
Sir Alpha_goy
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September 16, 2015, 12:18:29 AM
Last edit: December 12, 2015, 09:06:33 PM by Sir Alpha_goy
 #27

.
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September 29, 2015, 09:20:42 PM
 #28

http://coinmarketcap.com/currencies/volume/24-hour/

ABC is the 9th place in the world!

http://coinmarketcap.com/assets/views/all/

TRMB is the second place in the world!

amazing!
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