Ninjastic
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Board Altcoin Discussion
Re: WARNING!!! - Shittcoin - How to deal with it?
by
HardFireMiner
on 01/09/2017, 09:05:04 UTC
Quote from: VTS on September 01, 2017, 08:59:17 AM
Quote from: HardFireMiner on September 01, 2017, 06:55:27 AM
Quote from: Herbert2020 on September 01, 2017, 06:09:26 AM
Quote from: HardFireMiner on August 31, 2017, 06:27:45 AM
You see, in the past a scam would never be profitable as it would have never gain traction and support of the community.
times change. shitcoins are not on the 2nd rank of coinmarketcap.com Wink

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So, you think Litecoin is a scam? It is a clone of bitcoin, not even the first one.
no, i am just pointing out that coming up with guidelines like this is flawed. there are always exceptions to the rules. and in case of Litecoin, it is not scam, but at the same time it is not really doing anything special either. despite being profitable!

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Man, it's not minable - it's a scam, you will get to this sooner or later, no offence.

You mean it IS scam in its nature or will be threatened like scam by people?
It is scam by it's nature, the numbers are drawn, unreal. Why that number of coins and not 0.1% just? Or more hundred fold? Why not make it minable? Why do miners need to buy the "coin" and not mine it?
What is the limitation? I mean you can make the exact same coin and make it minable, but in this case, you can't premine, or at least in past you couldn't, people will throw it in the garbage can. Non-minable coins are just a brand new pyramid, ponzi scheme.