instead i suggest you ignore barr_ufficial, is telling the same things his friend bit1 does and this last have a list of dead coins only on the paper because doesn't run real checks
What is your definition of a dead coin? No volume, no block explorer, no development, no community, nobody cares about the coin?
Spacecoin had no block explorer. Digital Credits put up a block explorer to bring the coin back to life, supposedly so they could kill it and make it dead again, supposedly to get rid of coins that were already dead. And when the burn is over and they take down the block explorer, then Spacecoin will be right back where it started.
We do not work with bit1 or use his lists. We made our own lists for BARR, checking every coin on Coinmarketcap and also some coins that weren't on Coinmarketcap. We checked all block explorers and reviewed every Bitcointalk ANN for over 600 coins. It took a lot of time, effort, and work, and it has paid off in BARR's results which have demolished people's predictions of what we would accomplish.
Digital Credits, on the other hand, picked 3 coins to burn - and then found out at the last minute that 2 of them wouldn't work. He wanted to copy BARR, but he didn't put in the necessary thought or effort into doing a proper job. And it shows.
Digital Credits has never burned any altcoins, he asks you to send your coins to an exchange and trust them instead of burning the coins yourself, and he's already sent out 6 million DGCS from his premined "burn fund". The millions of DGCS at Yobit and BTCPoolExchange cannot be tracked on a block explorer, so there is no way to see who is getting those coins.
Only 200,000 DGCS have been mined with PoW, but 200,000,000 were premined. That's a 76-year supply for exchanging burned altcoins, according to the dcredits official website. Why so many? How will those coins be handled? Are they already being sold on multiple exchanges? There's no way to know, because there is no transparency.
The dcredits website and ANN said that intristin won't have control of the premined funds;
it said that only 2.6 million DGCS will be issued per year for burned altcoins;
it said that those coins will never move except in exchange for burned altcoins and will never be used for giveaways;
and it said that we can check the block explorer to make sure the funds aren't being stolen.
That's the only transparency and accountability Digital Credits offered to the public, and all of those promises have already been broken.
intristin sends millions of DGCS whenever he wants, without announcing it first on any of his several Bitcointalk topics. He made a fake forum on his own website, "had a vote" to break his promises, 2 "new" users "voted" to take 1 million premined coins from the "burn fund", and then intristin has never posted again on that fake forum, since over 2 weeks ago, ever since he had the "vote". He sent 1 million DGCS to Yobit "for a faucet that pays 5 DGCS per hour" and he sent 5 million DGCS to BTCPoolExchange "for burned altcoins".
He wants other people to buy DGCS, but he sits apparently doing nothing while DGCS has a daily volume of .01btc. But he spent money to have someone code his wallet, he spent money to get listed on exchanges, he spent money for a website, and he spent money for block explorers. Why is he spending money on everything except buying his own DGCS coins? Maybe he's planning to sell more than he buys, because he doesn't seem to think DGCS is worth buying. He's not even one of the top miners, so he's not bothering to mine much either. Why should he mine a few hundred, when he has 194 Million left to spend however he wants?
BARR has burned $20,000 worth of altcoins since last month, with all transactions publicly available on decentralized blockchains. All distribution of BARR is transparent, available to everyone on the NXT blockchain, and every transaction from our burnfund includes a message with the txid of the altcoins burned to earn that BARR. It's airtight, with no unanswered questions.
We have spent thousands of dollars of our personal money to keep our promises, support the price of BARR and of the altcoins we're burning, and give hundreds of people the chance to get their money back from these altcoins.
So you can ignore us if you want, but we're running a legitimate project and getting things done.
BARR has burned 33% of all Fractalcoins, 36% of all Keycoins, 48% of all Sapience coins, 36% of Lyrabar, and 41% of Anarchists Prime. These are coins that people actually want, that they pay money for, that they could have sold for BTC, that have now been burned in exchange for BARR.
We have a real system, and it works. We don't just tell people, "Buy 200 SelfieCoins for 1 satoshi each, then exchange them for 1 DGCS which is worth 100 satoshis, losing half your money as soon as you start, oh wait SelfieCoin is broken never mind."
the problem is that all the sell walls are weak, in fact if i invest my 0.03btc into spacecoin the price will increase destroying all the walls until 100 satoshi for sure.....
"Just buy 4 Spacecoins for 100 satoshis each, then trade them for 1 DGCS at a total cost of 400 satoshis per DGCS, and then if you're lucky you can sell your 1 DGCS for 150 satoshis."
