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May 01, 2014, 12:21:49 PM |
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I'm trying to make people aware before they lose tons of money, because the volume is high and can trick you in thinking this coins has a future, but it will slowly fade away.
"This coin was designed to take advantage of a 2 week mining period that generates 45% of the coins! But in case they don't get enough money from that instamine, they will reward themselves with 100% PoS interest. Once they have made their money and left, the common user will make a paltry 2% on their stake.
Now ask yourself what this looks like…Does this look like a coin designed for the future use of thousands or even millions of people? Or does it look like another way for miners to make a buck?
The website has virtualy NO information regarding the goals of the coin, the developer's motivation, or any sort of useful information. The first page has only two main subjects; where to mine and where to sell your coins. We stand pretty firm and say this coin is for the benefit of miners and not a future currency to use.
Not to mention…why is this site lacking Chinese? There is no translation button. I guess for Asiacoin, only people who speak English will be able to use it. We have seen this in the other scam coins like Spaincoin…and we rightly called their scam before they imploded. We highly recommend doing the same for this coin."
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