Post
Topic
Board Altcoin Discussion
Re: Why Paycoin (XPY) Failed
by
bgade
on 04/01/2015, 02:32:47 UTC
Ok, so I admit... I didn't invest and have just been lurking as it all goes on...

But they use logos of companies that don't know anything about them... and rip off their own corporate logo from someplace else.  And no one gets suspicious at the start?   I guess that's not true - lots are suspicious but many more still try it anyway. 

Is there still no clearing house where a new coin can prove it isn't a scam to someone?  Like a BBB model where the coin provides all of their info, documents, etc to a real third party for evaluation and stamp of "probably not a huge scam"?

I've been playing crypto for a little over a year and have lost less than $600.  I think at this point... thats something to celebrate!