PANDA - Is it going to be a huge scam?

[cryptohunter]

Been watching and mining a bit, not really put many rigs on it due to huge premine and obvious pump tactics.... however as it grows and grows after trying to clone vertcoin it is shaping up to be a huge money maker for the preminer and ipo sellers for that coin.

Will it turn out to be a huge huge pump and dump scam? i mean the price is crazy high for a 100Billion coin only a few days old with a huge premine? i would have though 20 would have been more than enough ... and then a bit of a gamble. I am seeing 70's??


Or will the price remain stable as promised?

The question is how long before cryptsy can't deny themselves all that those tasty fees and decide to facilitate another possible monster scam coin?

For the last wave cryptsy denied listing coins with big premines and no block explorers to verify the ledgers.... those days seem long gone....what ledgers lol

[portice]

When there are 3 pandas, that told me not to touch it, the market confusing is just stupid with all 3.

[InsanityDev]

the price is crazy high for a 100Billion coin only a few days old with a huge premine?

Coins which start high go low, lower, lower. If it's an an natural adoption curve, avoid it like the plague.

read: http://www.reddit.com/r/CryptoMarkets/comments/1x882l/are_most_altcoins_headed_lower_i_think_im_a_bear/cf9n4z4

[DanielVG]

[mkonecny]

When there are 3 pandas, that told me not to touch it, the market confusing is just stupid with all 3.

This. How can the value grow when too many newbs don't even know which coin to buy.

[PyroClasTix]

http://memecrunch.com/meme/D7L/pedo-panda/image.png

LOL. Had to quote this. (Didn't jump on panda)