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Author Topic: RUBYCOIN SCAM  (Read 2396 times)
KhalDrago (OP)
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December 07, 2015, 01:47:52 PM
Last edit: December 07, 2015, 06:34:20 PM by KhalDrago
 #1

wtf is this shit rubycoin, overtakes monero, it has a dead ann thread, no community, no activity, no marketing, nobdy heard of it. this fcking altcoin valuing logic is so retarded.

It should be removed from coinmarketcap just like banxshares.
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December 07, 2015, 02:02:29 PM
 #2

This is normal, happened to EAC too.
There is no logic in markets.

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December 07, 2015, 02:17:28 PM
 #3

ruby was a scam from the start. The devs probably own most the coins are just trading it back and forward to themselves with some fake volume. who else would buy that crap?

coinmarketcap is pretty worthless outside of the top 10 coins. even then it's dubious.


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December 07, 2015, 06:22:43 PM
Last edit: December 07, 2015, 06:35:39 PM by KhalDrago
 #4

It must be a damn scam, the coin only goes up in price, where are all these buyers coming from or is it the devs themselves, a coin nobody has heard from with no userbase at all suddenly has a 4.5M marketcap, lauphable.
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December 07, 2015, 07:36:52 PM
 #5

wtf is this shit rubycoin, overtakes monero, it has a dead ann thread, no community, no activity, no marketing, nobdy heard of it. this fcking altcoin valuing logic is so retarded.

It should be removed from coinmarketcap just like banxshares.

scam, scam, scam. everywhere nothing but scam.

but do not forget that a scam is only possible if there is someone willing to get scammed.
don't complain. think before acting.
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December 08, 2015, 12:38:12 AM
Last edit: February 04, 2016, 06:48:08 PM by BitcoinNational
 #6

"scam, scam, scam. everywhere nothing but scam"

it worked for BTC (and is still working)
it worked for LTC
it worked for xrp
it worked for doge
it worked for Dash/Drk

so why can't it work for RubyRed?

cuz it is owed by 500 addies total
matters of fact
check the chain

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December 08, 2015, 12:43:22 AM
 #7

The market has spoken.....Monero is shittest.....Ruby is also shit....but not as shit as Monero.

Monero has no GUI, a raft of other issues and a no updated wallet in god knows how long lol - its not hard to overtake!
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December 08, 2015, 04:07:02 AM
 #8

If it is a scam then don't buy it. There are only few altcoins out there that can be trusted.
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December 08, 2015, 04:42:57 AM
 #9

The market has spoken.....Monero is shittest.....Ruby is also shit....but not as shit as Monero.

Monero has no GUI, a raft of other issues and a no updated wallet in god knows how long lol - its not hard to overtake!

Says someone who supports the biggest scam in crypto - XC/Darkcoin/Dash
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December 08, 2015, 07:04:26 AM
 #10

The market has spoken.....Monero is shittest.....Ruby is also shit....but not as shit as Monero.

Monero has no GUI, a raft of other issues and a no updated wallet in god knows how long lol - its not hard to overtake!

Says someone who supports the biggest scam in crypto - XC/Darkcoin/Dash

Im not the only one saying it.....read again "THE MARKET HAS SPOKEN"

Better watch out, Global Currency and Counterparty are catching up!!
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December 08, 2015, 07:19:46 AM
 #11

In fact the start of Rubycoin was not scammy, it was quite successful.

Start was at the 24th of February 2014. Within a short time frame there have been 17 Pools which have adopted this coin. The first 500 Blocks have had just 50 Coins instead of 500, so that it was a relaxed start. I was there at the first day and even blogged about it:
https://altcoinspekulant.wordpress.com/2014/02/25/miners-diaries-rubycoin-ruby-mit-gutem-start/
Unfortunately I didn’t kept the coins I have mined there.

But of course, the most recent increase was quite unrealistic and it seems to be, there is a lot of manipulation involved.
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December 08, 2015, 10:27:40 AM
 #12

Up until a few months ago, they had malicious code that allowed them to sabotage staking reward. All ruby clones were obviously affected, and some other coins were attacked.

I'll leave this here.

 

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December 08, 2015, 02:09:10 PM
 #13

I do not understand why Rubycoin is 50k when there are many better altcoins at cheaper price. It is extremely risky to buy this coin at the moment. Once the whales dump, the price can halve at any moment.

     

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December 08, 2015, 03:28:21 PM
 #14

"scam, scam, scam. everywhere nothing but scam"

it worked for BTC (and is still working)
it worked for LTC
it worked for xrp
it worked for doge
it worked for Dash/Drk

so why can't it work for RubyRed?

don't forget USD
or EUR
or GLD

the list goes on

"Give me control over a coin's checkpoints and I care not who mines its blocks."
http://vtscc.org  http://woodcoin.info
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December 08, 2015, 04:00:12 PM
 #15

I do not understand why Rubycoin is 50k when there are many better altcoins at cheaper price. It is extremely risky to buy this coin at the moment. Once the whales dump, the price can halve at any moment.

i really dont get it either, seems the altcoin market favors scamcoins? wtf is this shit.
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December 09, 2015, 04:25:49 AM
Last edit: December 09, 2015, 03:57:07 PM by fernforest
 #16

The market has spoken.....Monero is shittest.....Ruby is also shit....but not as shit as Monero.

Monero has no GUI, a raft of other issues and a no updated wallet in god knows how long lol - its not hard to overtake!
I like Monero, but that aside hopefully people will turn their attention to Boolberry, the best cryptonote coin with a GUI wallet.
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December 09, 2015, 02:12:14 PM
 #17

I have bought some - the trend is your friend. Probably they can manipulate it further  Smiley

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February 03, 2016, 12:25:36 AM
 #18

I was in the Rubycoin community since day 1.  Kassado the dev changed his name to FuzzyHobbit in IRC after he scammed a man for a lot of BTC.. He likely used much of that stolen money to pump his own coin and created artificial volume.. He switched from from PoW to PoS after only 10% of coins were mined.. keeping this information in his pump and dump group so that they could corner the market.  He has been promoting some conditional freeware trading software for over a year with no results.  Rubycoin is a SCAM!  - nOgAnOo
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February 03, 2016, 12:26:40 AM
 #19

damn. I almost bought some. I'm happy that I haven't got in. Thanks for sharing.
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February 03, 2016, 12:30:30 AM
 #20

Dude, name me an altcoin (not the big ones like doge, ltc, etc.) that isn't a scam.  I'd say all of them are made just to make the developers money, and the sooner you realize this the better.  These shits are like penny stocks.  You might get rich really quick but more likely you'll end up broke even quicker.  Stay away is my suggestion.

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