Just leave altcoins alone... the only thing that will be working in first instance is Bitcoin.
This, for the simple reason that you can ACTUALLY BUY GOODS WITH BITCOINS.
It's the most advertised and spread cryptocurrency and will probably stay like that for 5 years, maybe 10.
999 altcoins on 1000 are useless crap, you can't buy anything with them, no matter how better they are technically: if there's no adoption, it's just an experiment.
And the main hurdle for cryptocurrencies at the moment is having them adopted, and the focus is of course on Bitcoin.
Just keep your money or buy Bitcoins.
I hate to agree but you're 100% right. My issue is how is it even allowed on exchanges? Are they keeping their eyes closed while scams like these are running on daily basis or are they playing a part in it?
In all honesty Global coin has no community and according to trex it says that they only list coins that have "good community following". Global thread has only 8 pages so why would trex even consider listing it?...answer is simple...trex or any other exchange would list any coin as long as you're paying them fees..they don't care about scams, non scams or loss of money..hey they're the biggest exchange why do they need to give a sh!t, right? and to make matter even better there is no one that regulates these exchange and pin point scams.
In some way people are to blame for it themselves...if you're getting scammed then it's partly your fault..not because you invested in it but you keep your mouth shut after it has happened..instead hire a lawyer or at least report these exchanges to proper authority so they can investigate wtf is going on behind the curtain of "vote to get your coin listed".