Post
Topic
Board Altcoin Discussion
Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE
by
smooth
on 09/03/2016, 13:23:51 UTC
If it is impossible for Evan to steal (scam) shares in the future (like he essentially did in the past), then there can be no future scams, and this stock is accurately priced by the free market, however, if there is indeed a chance that Evan could steal shares again in the future, then, this coin has true potential for further scamming, and I wouldn't touch it with Hillary's dick.

The parameters of DASH have been changed many times (so many, in fact, it is hard to come up with a complete listing of all the changes). There is little question that Evan could change the parameters again (or, more precisely, "propose" that they be changed, while the dominant stakeholders including himself and his close associates would very likely endorse such a proposal).

Damn smooth, you force me to post again. I was waiting for you to answer him and expecting... Please don't forget to make the point that masternodes are themselves an ongoing scam which you and I have both pointed out in the past. I will let you elaborate...I hope I don't need to post again.

I don't remember what parts of masternodes you think are the most scammy.

The technology is unsound and won't hold up under a decentralized adversarial scenario (it may hold up currently in practice because of latent centralization). Economically the people with the most masternodes will both earn disproportionately more money (especially since that masternodes don't really service any real workload and you can host 100 masternodes on one server) and have disproportionate influence in voting, which can in turn be used to make them more money. The scheme is designed to funnel money from outsiders to insiders.

The whole thing is a such a complete clusterfuck resulting from poor critical thinking skills (and/or deliberate scamming) in so many ways that I don't really know which ones to call out specifically.