Post
Topic
Board Altcoin Discussion
Re: LISK on POLONIEX TODAY.
by
r0ach
on 24/05/2016, 16:31:57 UTC
Excellent, another pump and dump, proof of stake, permissioned ledger IPO scam.  This coin only had 20 BTC buy support or so when it was named Crypti.  They've already issued one IPO, probably spent it all buying Bitcoin and lambos.  Now they issue a second IPO for the same coin and rename it to something else when nobody even wanted the thing in the first place!

1)  IPOs are all scams

2)  Proof of stake is not a valid consensus mechanism, nor can you even create a decentralized currency with it in the first place.

See here:  http://bitcointalk.org/index.php?topic=1361602.msg14909687#msg14909687

This is at best a centralized company illegally issuing shares from their basement.  None of these un-decentralized coins even belong on this forum.

(notice two freshly created shill accounts have already posted trying to hype this garbage)