Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [START] StartCOIN 2.0 - The digital currency for crowdfunding
by
bitLeap
on 11/02/2016, 21:25:29 UTC
Hahaha what a joke this coin has become to list but a few problems.

I couldn't think of a more worst application of a crypto than crowd funding! You ask for funding and at the end of your 30days pitch the price has fluctuated so much the coin has lost value that you now don't have enough funds, and inversely people won't pledge because they bought at a higher price and are holing on to them hoping it will go higher and they can get out with a gain.

50% pre mine! This instantly makes mining totally worthless, Bitcoin was successful because it encouraged mining which in turn strengthens the network, with premine to use one of Keiser's quotes "its like throwing sand against the sea" What more proof do you need than SMBS its so totally fucking worthless its switching to mine another coin!

StartJoin.com! Encouraging people to deposit at a single point of failure for a weekly worthless 'pay day Friday' is a dangerous centralisation idea. A simple DDoS attack on startjoin.com would render the whole worthless project even more worthless.

But don't worry the emperor Karl will soon be on periscope and we can all gather and marvel he's a genius he didn't just luck into Bitcoin he really creates quality and adds value just look at his black and white picture and big house on twitter he's so sophisticated he's god. Its coming to startcoin soon.. soon.. soon..

The bottom line is its all bullshit and even if it does ever rise EVERYONE will exit at the next high driving it even lower.

It's not very that nice to mention other coin but as an early holder of this coin I can tell you to check out verge/DOGED when I heard Max was involved with Startcoin I thought it would be what Verge/DOGED actually turned out to be. Big shame Startcoin wasted such an opportunity.