Post
Topic
Board Announcements (Altcoins)
Re: 💰🌟NEW KUC🌟💰Kuwait coin oil and gold coin
by
dalemat
on 31/07/2016, 05:43:14 UTC
I dont work for kuwait coin or anything like that neither am i vouching for it . But i have  noticed something about the coin that sparked this curiosity in me.

Every new coin that comes always does an ico b4 getting the coins.  But in this kuc case there is no ico , no premine.  The only way you get this coin is either by mining it yourself or buying it from the exchanges that trade it.

Another interesting thing that further spark my curiosity is the number coins that will ever be created based on proof of work which is about 15mill plus and 10% every year based on proof of stake.

Most icos i have participated in are usually from 30 mill up and not as cheap as this ,not with this level of coin supply.

Even if the dev dumps all the coins he wouldnt get up to 10 btc out of it.  So whats d point going through all this stress and get only 10btc. 

A real scam coin will go for the kill.  At least from 100btc upward

So a coin like this with no ico,  no premine.  I just think something is brewing underground.  And it is only with time we will know whether this project is for real or not.

The present coin market cap from my estimation is not even up to 30 bitcoin based on d prevailing market price.


I still feel it is too early to doubt this project.  I think a few months from now should be a better time to start doubting.