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Author Topic: Is Simcoin out of control? Dev describes investors as retards!!!!  (Read 2093 times)
sussex (OP)
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April 28, 2014, 07:16:11 PM
Last edit: May 10, 2014, 10:18:41 AM by sussex
 #1

People asking perfectly reasonable questions about their simcoin investment are being ruthlessly deleted while the dev has pocketed $50,000 with every intention of bagging more in an apparently never ending IPO. Remember, he also has a 60% premine to play with.

The dev seems to have no concern for investors once he has their BTC,

Anyway, if you are thinking of investing in Simcoin, I urge you to check these two threads.....

https://bitcointa.lk/threads/ann-sim-simcoin-a-simple-coin.296182/

https://bitcointalk.org/index.php?topic=584132.new#new

and do the maths, as much as you can when the dev doesn't want to give figures.
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hala
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April 29, 2014, 08:09:38 AM
 #2



Yes , maybe the NxtChg.com is crazy. The investors have the right to question ?

 I think the investors should report the admin to cancel the NxtChg.com self-moderated right.
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April 29, 2014, 08:14:09 AM
 #3



Yes , maybe the NxtChg.com is crazy. The investors have the right to question ?

 I think the investors should report the admin to cancel the NxtChg.com self-moderated right.



  +1 . any investor should take action.

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April 29, 2014, 08:25:45 AM
 #4

 simcoin  is a scamer obviously, but nobody care about it .

all investor should responsible for  themselves. they will pay for it
sussex (OP)
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May 05, 2014, 08:43:09 PM
 #5

Woooohooooo!!!

I have great news for everybody who has invested in simcoin!!!!!!

The IPO will remain open until at least August 12th 2016!!!!!

I bet all investors are overwhelmed with joy by this news, hooray hooray!!!!!



sussex (OP)
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May 05, 2014, 09:16:35 PM
 #6

Ouch!

The dev had to delete another irritating post and has added sixteen years onto the IPO!!!!

So much for a man of his word.........

You know, in my darker moments, I wonder if the dev is taking the $46,000 of other people's money he has seriously...............
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May 05, 2014, 09:21:52 PM
 #7

Are you saying that the project is a big scam? 
crunchynut
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May 05, 2014, 09:39:50 PM
 #8

"dev" promises a flying pancakes utopia that will revolutionize the visible universe as we know it, deletes every critical post, spends most of his time on counting ipo money. how could this be a scam?

◯ ◯ ◯ ◯

>>>>>> LAUNCHED: RAPECOIN - YOU CAN'T SAY NO TO THIS COIN <<<<<<

◯ ◯ ◯ ◯
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May 06, 2014, 09:16:13 PM
 #9

People asking perfectly reasonable questions about their simcoin investment are being ruthlessly deleted while the dev has pocketed $50,000 with every intention of bagging more in an apparently never ending IPO. Remember, he also has a 60% premine to play with.

The dev seems to have no concern for investors once he has their BTC,

Anyway, if you are thinking of investing in Simcoin, I urge you to check these two threads.....

https://bitcointa.lk/threads/ann-sim-simcoin-a-simple-coin.296182/

https://bitcointalk.org/index.php?topic=584132.new#new

and do the maths, as much as you can when the dev doesn't want to give figures.

IPO for 2 years !!! It is history for the cryptos...

sussex (OP)
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May 07, 2014, 12:43:46 PM
 #10

People asking perfectly reasonable questions about their simcoin investment are being ruthlessly deleted while the dev has pocketed $50,000 with every intention of bagging more in an apparently never ending IPO. Remember, he also has a 60% premine to play with.

The dev seems to have no concern for investors once he has their BTC,

Anyway, if you are thinking of investing in Simcoin, I urge you to check these two threads.....

https://bitcointa.lk/threads/ann-sim-simcoin-a-simple-coin.296182/

https://bitcointalk.org/index.php?topic=584132.new#new

and do the maths, as much as you can when the dev doesn't want to give figures.

IPO for 2 years !!! It is history for the cryptos...

No, the dev got upset, apparently the IPO now runs to 2038.
sussex (OP)
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May 09, 2014, 03:22:34 PM
 #11

Anyone considering investment should check out the latest deleted posts on this thread:

https://bitcointa.lk/threads/ann-sim-simcoin-a-simple-coin.296182/page-27

Dev seems to be talking himself round in circles and watching the thread like a hawk..... my post was deleted in under two minutes!!!!
sussex (OP)
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May 10, 2014, 10:18:14 AM
 #12

Worth reading the uncensored post for the latest thoughts from the simcoin dev - apparently he now thinks investors are retards.

Do you really want to trust this guy with your money?
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May 10, 2014, 10:34:20 AM
 #13

What is up?something change?
biekelroy
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May 10, 2014, 10:34:29 AM
 #14

need admin of BTT confirm. simcoin maybe a scamer..
if scamer , kick his ass
sussex (OP)
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May 14, 2014, 09:34:14 PM
 #15

https://bitcointa.lk/threads/ann-sim-simcoin-a-simple-coin.296182/page-33
sussex (OP)
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May 25, 2014, 08:38:12 PM
 #16

Well, I've been quiet on this subject for a week or so, but it is time to speak up again......

A post by the simcoin dev today:

        This is the best job I ever had.

            You go on a forum, write a couple of posts a day and people just send you money.

            Fantastic!

            Come on, send me MOAR!!!


So, do you still want to invest with a dev who seems to be getting quite tumescent with the amount of BTC he is collecting in an IPO with no end in sight and with absolutely no regard for the interests of his investors?

He now has $72,000 of other people's money, let me offer you some of the choicest quotes from the nouveau riche dev:

     But it can also fail, simply because there's just so many things that can go wrong. 9 out of 10 startups fail. And by that time we might burn through most of the funds.

     Remember, everybody, I am just a stranger on the Internet (who is currently looking for a boat with a helipad and a wine cellar). So, shoo, go away!

     There is no estimate, it's notoriously hard to estimate software projects.

      There is no product yet. The server can't do a single transaction at this stage. I am the only core developer and I work rather slowly, the summer heat isn't helping either.

Is he preparing the groundwork for an expensive fall?

So, if you are considering investing, maybe you should think again? Most of his investors are feeling screwed right now, except for the ones suffering Stockholm Syndrome who have their heads inserted deeply up the dev's ass.

Read the full, uncensored thread here:
    
https://bitcointa.lk/threads/ann-sim-simcoin-a-simple-coin.296182/
    
Mesutalkali
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May 25, 2014, 08:44:58 PM
 #17

I hope he isn't a scammer.

Would be too hard for us investors.
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May 25, 2014, 08:47:36 PM
 #18

If he's a scammer or not? Time will tell.

But what is certain is that he's an arrogant prick. It's also certain that he spends way too much time dealing with "retards", instead of doing the coding. That in itself is a concern. The level headed professionals do their job differently.

Makes you wonder why the Nxtchg.com failed? Maybe because of his business practices and because people didn't like his approach.
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May 25, 2014, 10:15:47 PM
 #19

I actually browsed that thread with the possible intention of investing but the dev's attitude turned me right off so I stayed clear. Hope it works out for those of you who are invested.
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May 25, 2014, 10:32:55 PM
 #20

I invested then saw the dev saying the guy that predicted 120 btc was right so I invested some more... Obviously that still was not enough.

He treats investors like shit. I'm thinking about selling my stake at a loss....





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