Quote from: unusualfacts30 on July 24, 2015, 06:13:28 AM

Quote from: kekek on July 23, 2015, 08:25:25 PM

Quote from: unusualfacts30 on July 23, 2015, 06:49:03 PM

If a newbie dev creates an altcoin thread it's as useless as it gets UNLESS bunch of senior members start posting in it and tell other people "how good it is".

Perfect way to lure people. Create new altcoin, get bunch of hero members to comment and voila! all of a sudden you got people interested in it.

Honestly it's pretty retarded for someone to judge a coin based on the bitcointalk rank of its supporters.

Still Globalcoin is most likely a shitcoin, and like most shitcoins, will have a cycle of pumping and dumping until its inevitable death.

You're right it is retarded but not everone is smart enough to think that...there is a reason why people are buying/selling old user accounts because it's great marketing tool to bring confidence in your investors.

it's very simple. Here are two scams:

Project A - Offering great project that you're very interested in, newbie dev, supported by hero members.
Project B - Same as project A, newbie dev, supported by newbie accounts.

Which one would you invest in or any investor would invest in?

Keep in mind both are pnd...Project A is just well planned while Project B is not.

it's basic marketing...same reason why companies get famous people to vouch for their product...in return it brings more customers. In this case it brings more investors (most newbies but regardless money is money whether it comes from old investors or new investors). People are more inclined to invest in a coin that's backed up by statements of old members vs new members.

I admit that I have fallen for that trick and brought a coin because hero members recommended it. Straight after I brought in it crashed in price and I was stuck holding the bag. From that moment on I refused to listen to anyone's advice about which coin to buy. It's most newbies who fall for that trick.