I have nothing against pandacoin besides the premine, as I believe its not good either for the coin or the community. I'm just against the man behind it.
So, may I ask your honest opinion about wolong, the guy promoting this coin, saying on public channels that he killed DOGE, and intend to kill Vertcoin too?
I see it exactly the same, the coin is not the problem, in fact, I wished a Doge with nscrypt features. The premine might be debattable, but it's not the first premined coin and will not be the last. I wrote about this already. There was a time, when devs had to destroy their premine in order to get the trust back... today it seems legal not only when a coin is premined (devs already have advantage as being naturally the first miners on the train, even without premine), but no one cares anymore, what happens with the premine. Is the initiator of the coin just buying a new boat, some hookers or is he investing in the coin and it's success. No one fucking cares. And then its said they hope for a "long-lasting community". In stock market, there are plenary meetings and business figures, strategies and plans have to be published for the investors judging.
Free market needs transparency and responsibility. Everything else is scam.
But the people here wont listen. They are gambling. They are here because they actually
hope that wolong pumps the coin up so that they can cash out. And that is why this coin has success. I refuse to believe, that the majority here is totally retarded not noticing what type of guy wolong is. It's so blatant pump and dump, even a cow should smell the fish. But thats what the community is gambling on. They don't care how long the coin lasts, how it develops, they want the fast bucks. This might work for some, but it will hurt badly for the most investors of this coin and for the trust in whole cryptomarkets.
