Post
Topic
Board Altcoin Discussion
Re: Continued mining dead coins for profit
by
rimbit
on 15/08/2016, 10:36:25 UTC
Dont be under the assumption that we will be helping all dying coins.
They will be vetted and must have some life in the community, even though they may not have working nodes to transact.
We have members on our forum that are studying coins and reporting back to our forum members.

One thing that we will look for is a community that is looking to resurrect a coin and discuss options to do so...
We know most wont make it far, but perhaps with financial assistance and a guaranteed exchange system in place, it will not only help Rimbit have more of a presence on exchanges, but also give these coins another chance to grow, with our support.

Dumping will definitely happen and we will limit exchanges per day and alter the amount of exchanges based on the dumps, so after a while, all the dumpers will have had their fill and we will essentially be left with the hardcore users, who we will then open up the exchange volume to compensate them, so trade is not restricted...