Post
Topic
Board Announcements (Altcoins)
Re: ⚡ [ANN] ⚡ DeepOnion TOR Integrated ⚡ [UNMODERATED THREAD]
by
revealed
on 01/08/2017, 18:50:31 UTC
It is free, so I don't really see the problem in all honesty?
Its free for you and how do you think you are going to profit from it?
Somebody from the community has to buy it for a price from you.

Crypto community is already small and we all should stay together to fight scams like this.
If this is not scam, then the dev can answer the difficult questions and not delete the posts.

Dev tried to answer the questions, but a few people kept shouting him down screaming SCAM.

In short, there were some issues with the airdrop script for the first and second drop, some people got less coins than they should have, some got nothing. Dev paid all the differences from his part of the premine.

Additionally, multiple new bounties were announced, to be paid from Dev's part of the premine.

Additionally, an unplanned 41st airdrop was announced for everyone who stuck around for the entire 40 airdrops, to be paid from the Dev's part of the premine.

Because of all these unplanned costs, Dev decided to stake.

Which, by the way, is totally fine with me, we are still in the airdrop phase. The only thing that counts is how many coins the Dev and the community have once the airdrop is over.
Staking is just one minor issue with the coin.
As the dev is holding 30% of the coin - as liquid coins without any restrictions to spend or no need to mine - he can dump all the coins as soon as the market gain some traction.

This has happend before for a coin called Earth coin I heard.They kept 20% or so premine for the devs. That meant the devs had 20 million at disposal when it hit the market  and all the other users are trying hard to mine the coin.Eventually the devs dumped their coins to the market, made enough money for the devs to spend on hookers and killed the coin. Do some research.

Its the same thing here. In order to create scarcity of the coin, he put a restriction of only 10% coins can be traded.
Why is there no such restrictions on the 30million the dev holds?

Also if the dev is serious about the coin, he should publish a transparency report every week with the number of coins distributed with the bitcoin profile name.
Otherwise he can create any number of wallets and pay himself a huge pat of each weekly distribution on top of the 30 million holds.

These are not hard things to produce if you are serous about the project and the dev would never do such report if he is already scamming us.
So think about it and then read the report by DodgeMajestic.