Ah, nothing like a dramatic conspiracy theory...
"biggest and longest running scam"...
If only it were that simple.
But I'm sure in your world, the crypto community's ruling class are respected and reknowned for their ethical and fair treatment of it's members.
This has the potential to become the biggest and longest running scam, dwarfing GOX and/or BFL.
No, No it doesn't.
Elaborate or plzzz stfu.
Btw, its not just the coins with the bigger hashrates merge mining the small ones. This works both ways.
Okay so lets use some logic here and not be a rude IDIOT, GOX had a 116,000,000$ scandal and BFL 25,000,000$ scandal.
So lets do some math here, Namecoin has a market cap of: $ 8,786,388 , PPC coin has a market cap of $ 17,192,578Devcoin has a market cap of $ 228,186, Terracoin is $ 155,887 , IXcoin is $ 831,863 and Freicoin is $ 112,265 .
So lets add these up and get a total of : $27,307,167
That is the MARKET CAP of ALL THE Merge Minable Sha coins, now that is around 25% of the gox scandal and just barely over the BFL scandal if they somehow were able to mergemine every single coin of all the markets and get away with it.
So lets go over some things:
1. It's not happening
2.Even if everycoin was mergemined and stolen it would be 25% of the scandal of gox
3.There are audits and ways to tell
4.learn how to spell the word "please" and do some research.
1. You sound confident. Prove it.
2. You are not taking all of the scrypt, x11 ect coins into consideration. How much was dumped when those coins peaked during the bubble last year ? The final numbers may never be known.
3. See 1.
4. Fuck the genocidal inbred queen's english. Pretty plzzz ?
