[ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders

[moonriver]

this thread seems to be self moderated.

[blueangel01]

If i will ever be scammed again, I would rather be scammed by a great scammer not someone who just posted in bitcointalk with all words and premises.  

No website, using aol.

100% scam.

[anonymousxx1503]

So , If I invest 1 BTC, I get 5000 coins ? But by the time I get those coins , i've lost 5% of them since they've been 'switched off' which means as soon as I invest, I lose 0.05 BTC or 28.75$ per BTC invested.


This is a great idea. InstaLoseYourMoneyCoin.

[SwitchCoin]

So , If I invest 1 BTC, I get 5000 coins ? But by the time I get those coins , i've lost 5% of them since they've been 'switched off' which means as soon as I invest, I lose 0.05 BTC or 28.75$ per BTC invested.


This is a great idea. InstaLoseYourMoneyCoin.

No that's not correct. That's based on if 100BTC in total is collected but yes you will receive 5% less coins as that 5% will be destroyed in the transfer but you won't instalose 5% of it's value. Under that example, you'll end up with 4750 coins for 1BTC. No lose in value at all and the market value for Switch Coins will far exceed the IPO value.

[SteveMayer]

I have a weird feeling that the trolls are investing and just want to keep me from investing.

I'm going to start with .02btc and we'll see where this goes.

Switch Coin to the Moooooooooooooooooooooooonnnnnnnn!!!!!!!!!!

[SlidingHorn]

I have a weird feeling that the trolls are investing and just want to keep me from investing.

I'm going to start with .02btc and we'll see where this goes.

Switch Coin to the Moooooooooooooooooooooooonnnnnnnn!!!!!!!!!!

You can just send your bitcoins to me and I'll spend them...at least then you'll have sent them to someone who's honest about what's going to happen to your money.

Anyone who sends their bitcoins to this scam deserves to lose them.  You've all been warned multiple times

[SteveMayer]

I have a weird feeling that the trolls are investing and just want to keep me from investing.

I'm going to start with .02btc and we'll see where this goes.

Switch Coin to the Moooooooooooooooooooooooonnnnnnnn!!!!!!!!!!

You can just send your bitcoins to me and I'll spend them...at least then you'll have sent them to someone who's honest about what's going to happen to your money.

Anyone who sends their bitcoins to this scam deserves to lose them.  You've all been warned multiple times

Calling it a scam because you don't like the idea? You're either 12 years old or a greedy troll trying to discourage me from investing so you can have all the riches to yourself.
Get a Life!

[InsanityDev]

First, it's a blatant clone of my own coin, and secondly the user has offered zero transparency on who he is, unlike myself where several highly trusted & respected members have all my personal details and are ready to release them should I step out of line.

However, copying ideas is fine, it gives credit, thank you - and people are free to invest where they like.. there is no evidence this is, or is not, a scam.

Still multiple steps could be taken to limit liability of coin loss, none of which have been taken by this developer.

[SwitchCoin]

First, it's a blatant clone of my own coin, and secondly the user has offered zero transparency on who he is, unlike myself where several highly trusted & respected members have all my personal details and are ready to release them should I step out of line.

However, copying ideas is fine, it gives credit, thank you - and people are free to invest where they like.. there is no evidence this is, or is not, a scam.

Still multiple steps could be taken to limit liability of coin loss, none of which have been taken by this developer.

We've been working on Switch Coin for the past month and there is no other Switch Coin.
Yes, our coin has a deflating property to it like yours does. What your coin is severely lacking though is a professional developer. You come onto this thread and lie about our coin and our development team, two things that you know nothing about, in some lame attempt to promote your coin? Seriously?

If any investors want my personal details or the personal details of the other 2 developers involved in this, they are more than welcome to them. I looked through your thread, I noticed you didn't publicly display your personal details either. Kudos to you sir.

[SwitchCoin]

0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  

We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!

Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

[SwitchCoin]

this thread seems to be self moderated.

No it's not self moderated. When it's self moderated it tells you that at the top of the first post, right underneath the title. See our old thread for an example https://bitcointalk.org/index.php?topic=484965

[MsCollec]

EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.

[SwitchCoin]

EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.

As I told Insanity Dev when he made his post lying about us to promote his coin, that's not a problem. We have nothing to hide. How would you like us to go about doing that?

[Defcronyk]

EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.

bitcoins dev is anon so u give bitcion a scam rating to?
cryptos are spose to be anon!

[roede94105]

0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  

We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!

Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.

[MsCollec]

EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.

bitcoins dev is anon so u give bitcion a scam rating to?
cryptos are spose to be anon!

Satoshi didn't held IPO for bitcoin  

SwitchCoin is similar to WOLF, they are both based on trust.  Switch dev find a reputable member of BTT that can confirm your identity. That's all you need to assure investor.

[SlidingHorn]

EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.

As I told Insanity Dev when he made his post lying about us to promote his coin, that's not a problem. We have nothing to hide. How would you like us to go about doing that?

Then find a reputable escrow provider on the forum to handle the IPO for this coin.  I will happily remove my negative feedback if this is arranged.

No IPO escrow, No trust.

[SwitchCoin]

0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  

We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!

Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.

No one is calling us a scam because of our idea or because of our coin. They're calling us a scam because we're doing an IPO with our coin. In less than 4 days the IPO ends and once everyone sees the happy investors and Switch Coin on exchanges, they'll stop calling us a scam. Are we willing to risk our investor's money, our reputation and our Coin's future on someone else, so that people don't call us a scam for the next 4 days?

It's the same reason we have the wallets password protected. If we don't protect them, people will say Switch Coin had an unfair launch and is a scam. If we keep them protected, people will say its because we're a scam. The difference between the two is that once the IPO is over, they'll stop calling us a scam for locking the wallets. But if we don't lock them, we'll always be known as a scam coin with an unfair launch.

This whole thing is a very tricky balance between what's good for the IPO and what's good for Switch Coin's future. We're doing what we believe is best for the future of Switch Coin, not what is necessarily best for the IPO.

With that said, we're not opposed to escrow through someone who is not only trusted by the community but someone who we trust as well. Someone who we trust with not only our investors money but the future of Switch Coin. We've never heard of Anon135 and a forum search came up with only 3 posts. 1 isn't about him and 1 post is yours. So why should we trust him with our investor's money and the future of our coin? because you're going to call us a scam if we don't? In less than 4 days you'll be over it.

[SlidingHorn]

0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  

We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!

Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.

No one is calling us a scam because of our idea or because of our coin. They're calling us a scam because we're doing an IPO with our coin. In less than 4 days the IPO ends and once everyone sees the happy investors and Switch Coin on exchanges, they'll stop calling us a scam. Are we willing to risk our investor's money, our reputation and our Coin's future on someone else, so that people don't call us a scam for the next 4 days?

It's the same reason we have the wallets password protected. If we don't protect them, people will say Switch Coin had an unfair launch and is a scam. If we keep them protected, people will say its because we're a scam. The difference between the two is that once the IPO is over, they'll stop calling us a scam for locking the wallets. But if we don't lock them, we'll always be known as a scam coin with an unfair launch.

This whole thing is a very tricky balance between what's good for the IPO and what's good for Switch Coin's future. We're doing what we believe is best for the future of Switch Coin, not what is necessarily best for the IPO.

With that said, we're not opposed to escrow through someone who is not only trusted by the community but someone who we trust as well. Someone who we trust with not only our investors money but the future of Switch Coin. We've never heard of Anon135 and a forum search came up with only 3 posts. 1 isn't about him and 1 post is yours. So why should we trust him with our investor's money and the future of our coin? because you're going to call us a scam if we don't? In less than 4 days you'll be over it.

Here you go:  https://bitcointalk.org/index.php?topic=108716.0

[SwitchCoin]

0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  

We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!

Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.

No one is calling us a scam because of our idea or because of our coin. They're calling us a scam because we're doing an IPO with our coin. In less than 4 days the IPO ends and once everyone sees the happy investors and Switch Coin on exchanges, they'll stop calling us a scam. Are we willing to risk our investor's money, our reputation and our Coin's future on someone else, so that people don't call us a scam for the next 4 days?

It's the same reason we have the wallets password protected. If we don't protect them, people will say Switch Coin had an unfair launch and is a scam. If we keep them protected, people will say its because we're a scam. The difference between the two is that once the IPO is over, they'll stop calling us a scam for locking the wallets. But if we don't lock them, we'll always be known as a scam coin with an unfair launch.

This whole thing is a very tricky balance between what's good for the IPO and what's good for Switch Coin's future. We're doing what we believe is best for the future of Switch Coin, not what is necessarily best for the IPO.

With that said, we're not opposed to escrow through someone who is not only trusted by the community but someone who we trust as well. Someone who we trust with not only our investors money but the future of Switch Coin. We've never heard of Anon135 and a forum search came up with only 3 posts. 1 isn't about him and 1 post is yours. So why should we trust him with our investor's money and the future of our coin? because you're going to call us a scam if we don't? In less than 4 days you'll be over it.

Here you go:  https://bitcointalk.org/index.php?topic=108716.0

Oh wow, I didn't know such a thing existed. Thank you for sending that.

I'm going to discuss this with the other devs and if we can make this work without having to delay the launch than I don't see a problem with it.