Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY
by
usellmecoinnow
on 24/06/2017, 19:37:30 UTC
I ran across this coin in the course of research. It's growth has been quite impressive. Where most coins got a surge from the influx of newcomers, then started to trend downward, this has continued to grow, so I came to see what's responsible for this continued growth and now I'm just confused...

While the premise is nice, the marketing, website and complete lack of documentation regarding funding of scientific pursuits (who have received grants and for how much) along with successful double spend attack and the internet sissy fight between what to be EMC2 and some dude named Michael in the thread makes this project seem unprofessional and scammy. I'm not saying it IS scammy by any means, it just appears to be more of a nice way for the owner to get some $$$ when there's no documentation of investment into scientific pursuits of others. Particularly when I read "grants" in the explanation. In the end, you could simply create shell co's, "invest" in those companies, then say that they never produced results. There's also no stipulation regarding what scientific field(s) you are interested in funding. These seem like the basics for a foundation that's actively funding. Most organizations like this also have a ton of blog entries about the companies they're funding and updates on progress.

Additionally, I'm confused about the forking discussion... Is this happening? If so, then why? Will there be documentation of any companies funded and how much funding they're receiving? I expected to find this in the "science blog" section on your site ( https://www.emc2.foundation/science-blog/ ) but as you can see, it's just pictures of people at some science rally... One post, reposting pictures.

I'd love to invest long term in projects that are beneficial, but until the above things happen, I'm probably just going to daytrade the shit out of this coin until it ceases to be profitable, but as it stands I don't feel like it's a coin I want to have a balance of for more than 24 hours at a time.