What a disgrace to cryptocurrency in general. This is a despicable example of what the altcoin segment of cryptocurrency has become.
Crave, DASH, etc... all just scams. People lose their money and then their trust, setting crypto back years due to these rampant scams. Paycoin, Ripple, NXT, all scams that benefited a few. Crave, Dash, SDC, Cloak, and all the other worthless altcoins are the exact opposites of what people want in a cryptocurrency. Nobody wants a scam but for some reason they keep supporting them.
Nothing but pump and dump shitcoins all of them.
Agreed i was in crypto 2 years ago and decided to get back into it over the past month,and its a great shame what is has become,it seems to me its just a breading ground for scammers and 12year old kids saying all kinds of shit on the forums,and the amount of shit coins is a joke,in my eyes the sooner the whole industry is regulated the better,and there needs to be some sort of process to remove all the dead wood from the markets ..scamcoins,dead coins and stupid bots on the markets exchangers,hard for real people and must be harder for real devs who want to create a new coin with good intentions
Bots are all over the "regulated" markets as well. They are just a whole lot better and much more sophisticated than what you see here. Just look into high speed trading and see how many multi millions of dollars were spent just to get a location closer to a datacenter so that they could, within milliseconds, see trades that were coming in and buy/sell accordingly to make sure their order bought/sold first, not to mention the computing power behind it. And that has been happening for well over 2 years. Regulation only shifts it all into the ones that already control everything's hands. And a process to remove dead wood?
What f'n totalitarian world are you suggesting?
Yugo still has the opportunity and maybe still does make cars. It should be your decision to buy it or not, no?
I am not suggesting regulation by the powers that be,more like a board of the directors with some sort of system in place that gives more control to the people and not the scammers,deadwood is just a term i would have used at work when we clear out all the unless staff,until some kind of revolution happens in the crypto world more and more people will get scammed,i just feel for the people and the genuine Devs,i am a luck one that has lost nothing and never been scammed,but i read more and more about you losing btc by the day,the people have the power if they work as one, its just a shame most people are just out for themselves in this world.
I feel for those people/situations as well, but only a free market will ever allow the actual best survive and allow the general population to spot problems themselves. Even a "board" is a problem because it is the powers that be. Inside a private business that is fine, but not in the free market. imho ...really not just my opinion, but world history for the last few thousand years that we know of.
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I do agree with you,but as with every country and its citizens the rich will get richer and the poor get poorer,and this will be the case in the future of crypto if something does not happen,(just my opinion), you said free market i'm not sure i would agree with that as it seems to me all crypto markets are controlled by the elite few now, and and the genuine people end up losing btc.the only thing i regret in crypto in buying my titan lol but i had my 21btc back so im even on it,i should have left crypto alone and come back in another 5 years to see where it is all at.but is addictive lol, and i know the future will be good one way or another,but my guess is that the banks will get involved one day will bring out a currency and,just an upgrade form bank notes. $1 coin thats worth 1$ lol
SDC is far from worthless.