leslie4u
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August 18, 2017, 11:36:50 PM Last edit: August 19, 2017, 12:32:28 AM by leslie4u |
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This coin doesn't make any sense to me. There is no clear info, no white paper and details. The coin like everyone said is listed in Nova for 1sat and people may buy a lot of them thinking this is cheap but then I would like to alert the buys that this could be one of those coins which would have no value soon. People create new coins each day and this doesn't mean every is worth investing. Please do you due diligence before investing your hard earned money.
If the dev can provide us with complete details, roadmap, purpose of this coin and how this is different from existing ones, this will help in clearing some grey clouds.
Thanks and have a nice day.
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TimeTeller
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August 18, 2017, 11:44:38 PM |
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This coin doesn't make any sense to me. There is no clear info, no white paper and details. The coin like everyone said is listed in Nova for 1sat and people may buy a lot of them thinking this is cheap but then I would like to alert the buys that this could be one of those coins which would have no value soon. People create new coins each day and this doesn't mean every is worth investing. Please do you due diligence before investing your hard earned money.
If the dev can provide us with complete details, roadmap, purpose of this coin and how this is different from existing ones, this will help in clearing some grey clouds.
Thanks and have a nice day.
Nothing much has been stated in the ANN. So with 80% premine, without any programs whatsoever, this means that the dev will just dump his coins. But the buyers from the exchange don't even know that this one will have no value at all in the very near future.
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auroboros
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August 19, 2017, 01:39:34 AM |
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Coins have a total supply of up to 14 billion, a lot, there should be airdrop, but I see this coin has a very simple announcement, for a new coin, this is unusual, or I can say, this coin is not too valuable, so dev makes a very short announcement
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sandan2002
Member
Offline
Activity: 143
Merit: 10
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August 19, 2017, 05:43:40 AM |
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The dev make this coin for a quick profit its 1 sat and i think it will stay here for long time
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pornluver
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August 19, 2017, 10:09:02 AM |
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What does it mean by 14000000000 coin available and 80% premine?
Also it is POS. What happen if the other 20% of the coins are staked?
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silvaidael
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August 19, 2017, 07:04:36 PM |
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whats the point of 80% premined?
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thayimmy
Newbie
Offline
Activity: 26
Merit: 0
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August 20, 2017, 08:43:01 AM |
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its an old skool SCAM. 1: get tha coin listed on 2 exchanges 2: tell one exchange to lock tha wallet (usually yobit) 3: pump tha shit out of it on locked wallet exchange (usually yobit) 4: hopes that some poor sole will jump at the lower priced exchange thinking they will make a nice profit only to find the coins never make it to tha locked exchanges wallet until tha pump is over (if at all) just a word of advice. always verify the exchange you are wanting to send coins to has there wallet online and on tha same block as tha wallet/exchange your sending from. Crypto for life!!!!
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pornluver
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August 20, 2017, 09:25:35 AM |
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How do we verify?
Also why would the coin be be in maintenance at yobit? Does the wallet works at all?
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sandan2002
Member
Offline
Activity: 143
Merit: 10
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August 20, 2017, 06:00:04 PM |
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Its a scam site yobit you cannot send Editcoin there.They use to pump cheap coins and close the wallet for deposit,better stay away from yobit.
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pornluver
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August 21, 2017, 03:39:26 AM |
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Its a scam site yobit you cannot send Editcoin there.They use to pump cheap coins and close the wallet for deposit,better stay away from yobit.
Actually 80% of coined are premined. Then stacking get 100% return per year. Then what? 80%*2 is already more than 100% Does that mean the wallet will die quickly or what?
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kissmarx
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August 21, 2017, 03:46:40 AM |
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80% premined and what will the dev do with that 80%? It's not clear.
I hate to accuse without proper investigation. But this coin raises red flags.
More red flag I see is it's quick listing at Yobit. I do not hate Yobit, I just have less trust with them. You guys know what I mean.
Edit: I see it's also listed at NovaExchange: Though Nova is a very good exchange, I still don't trust this coin as dev do not make it clear what's he gonna do with the 80% premine. If he dumps it, it's gonna be bad for the buyers.
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modmalaney
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August 21, 2017, 04:20:19 AM |
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80% premined and what will the dev do with that 80%? It's not clear.
I hate to accuse without proper investigation. But this coin raises red flags.
More red flag I see is it's quick listing at Yobit. I do not hate Yobit, I just have less trust with them. You guys know what I mean.
Edit: I see it's also listed at NovaExchange: Though Nova is a very good exchange, I still don't trust this coin as dev do not make it clear what's he gonna do with the 80% premine. If he dumps it, it's gonna be bad for the buyers.
That's right, I still need more transparent information. Although this coin is interesting, but I still doubt it. Hopefully there is a quick update.
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maxmad_x
Sr. Member
Offline
Activity: 546
Merit: 250
It takes a lot to build but not much to lose
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August 21, 2017, 04:25:35 AM |
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Wow what an informative post ! man I should give you an award.. And more than that just YOSHIT for your exchanges. No thank you ! SCAM ALERT
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pornluver
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August 22, 2017, 05:08:34 AM |
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Wow what an informative post ! man I should give you an award.. And more than that just YOSHIT for your exchanges. No thank you ! SCAM ALERT
Will the wallet ever be fixed? So if this is proof of stake and all the coins are already mined. Then what happened?
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pornluver
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August 22, 2017, 06:46:37 AM |
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No more PoW blocks SCAM
What do you mean?
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pikadut
Full Member
Offline
Activity: 238
Merit: 100
dApps Development Automation Platform
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August 22, 2017, 07:03:01 AM |
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Is this a new project? Or just an ordinary announcement for the miners? I am still confused this, is there bounty? thanks
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Keptone
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August 24, 2017, 10:26:37 AM |
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Editcoin is now on full maintaince on Novaexhange, has it deposit and withdraw as been disabled What could happen next... A sign that the developer as drop an update to the Novaexhange I think
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alonseider007
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August 24, 2017, 10:37:47 AM |
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addnode ? not sincronyzing wallet
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pornluver
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August 25, 2017, 01:36:59 PM |
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addnode ? not sincronyzing wallet
The wallet is death. It's not listed on coinmarketcap. The developer is gone. So I don't know. Looks like scam coin.
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