It has nothing to do with "Profit" guy.. apparently most of you missed the point.
Satoshi did not create Bitcoin as a vehicle to fleece money from people.
There for why should Altcoins be ?
If Altcoins are about nothing but profits then they are "Digital" Pyramid schemes.
Since all you all care about is profit you collectively decided to lower the bar.
There was a time when a coin with a 100% premine would have been laughed off this forum.
And every single comment on the ANN topic would have been flaming.
Mid-2013 there was no way something like Ripple or Ethereum could get off the ground.
You guys started your idiocy with Doge and mass cloning.. mostly with scrypt.
then on multi-algo's then onto "Airdrops" .."Anon coins" and then... IPO/ICO/ITO's
All you people do is parade around looking to "profit"
Which is utterly retarded beyond comprehension.
Because you all fucked up bad and ruined the chance this shit will ever get major adoption.
You blew it Investards and you ruined it all for chump change.
I SLOW CLAP FOR YOU ALL I could not even estimate how many times i or a few others have explained technically why ALL IPO/ICO coins are scams / "scammy"
You all refuse to even read why anyway.. you will say... no
then refuse to read why another guy says they are scammy.. citing
the comment is too long.Most of you little morons in Crypto wouldn't know what Crypto is if it bit you in the ass.
I know about Cryptography and have used it coding software & cracking etc.
Yet i am suppose to listen to stupid children lecturing me about it ?Lets just say that rather than trying to create a new & improved
method of distributionover Satoshi's implementation you all got lazy, stupid & greedy and flopped on your back with your hands out..
This is not the stock market kidiots.IPO / ICO scams are not a valid legit or even legal method of distributing a currency.
(coding a Mobile wallet or adding 1 to an exchange or bragging you made money of 1 does not make them legit)There ARE other ways to go about doing it but what do we see ?
IPO's or clones posted in exchange for Bitcoin.. thousands & thousands of them !
Actions speak louder than words..
EDIT:I find it funny we have idiots who are quick to learn a piece of information easily after 1 person posts it online.
Yet you can harp & rail on posting the same comment like i just did THOUSANDS of times..
on every topic on every page every day year after year but you will all STILL sit there playing dumb.
THAT is playing stupid / being stupid ..or BOTH !
If i posted 1 comment on how to make a shitload of money i bet you would all catch on pretty fast.
I would NOT have to repeat myself infinitely forever