Re: Ethereum SCAM?

For everyone saying 70m coins were pre-mined, you do realise there was a crowd-sale for Eth back at launch? Cheesy

They bought it themselves to make launch look more legit. There is barely 100000 eth on exchanges at the moment.

Hilarious.

Some anonymous investors paid 31 591 btc back when there was no blockchain or software, just "idea" and Vitalik. Who would pay this price for "idea"? Yes, it is hilarious.

You mean like thousands of people are doing for ICOs and new coins right now? Yes, unheard of....

You think all the ICO coins sold to public only now? Some yes, some not. ICO is a most simple way to hold your pre-mine. Just set hilariously high price for pre-mined coins and you will have either big money from retards or huge pre-mine you "bought" from yourself. Usually both.

Good attempt at a deflection from my point. Not good enough though.

Where is deflection and what is actually your point?
Please be more clear on your statements since I don't understand "irony". How much ICO besides ethereum's gathered more than 30000 btc in 2014? Is it normal price for topic on forum?

You said that who would invest money based on an idea with little to show for it, I said that's exactly what people are doing with the hundreds of new altcoins being announced each week along with ICOs.

Back then in 2014, you're correct not many projects garnered as much attention or money as Ethereum - but that doesn't mean it's a scam. More like captured peoples (like mine - although I was a few months late to the crowdsale) attention. Back then though that was "only" $17m so it's definitely achievable.