Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine
by
cryptodevil
on 21/09/2017, 12:12:14 UTC

I raised valid points, rebut them, don't ignore them.


But I've already responded to the 'facts' you've mentioned.

I'll give you one more shot to be honest in your replies.

You absolutely have not responded to any of the facts I have mentioned, so stop claiming you have.

You have raised nothing that points to this being a scam. This coin had 24 trading volume in the high 70's back near the beginning of August, so 40 or so isn't exactly out of the ordinary.
Claiming that because the coin has had exceedingly high trading volumes since launch is not a rebuttal of the point I raise about it clearly being faked volume. This coin has NOTHING which would explain why it would be getting such high trading volumes, so clearly this volume is merely intended to fake a market interest which does not exist.

You're talking as if ASIC resistance contributes to it being a scam? How?
This coin has been promoted almost entirely on this ridiculous algo being ASIC resistant. This ONLY matters for a coin which is going to remain PoW for its lifetime, not when it is a 100-day PoW which could use any other algorithm already in existence for which no ASICs can mine. So for it to feature as the single biggest 'tech' in the vapid 'whitepaper' it clearly is attempting to fool the ignorant and gullible into believing it is a significant feature.

For it to be a scam, there clearly has to be a way for the creators to grab people's money in some unfair way. How are they doing this?
I wonder if you are intentionally pretending to be so naive as to not understand how they are defrauding people. The marked scammer forum accounts obviously point to the scammers being miners, so they hype the coin while mining it, ensuring there are plenty of posts encouraging other miners to hodl their coins while they sell theirs on an artificially-inflated market which is pumped with fake trading volume.

They are offloading their mined shitcoins for bitcoins. That is the scam and that has always been the scam.

But I suspect you already know this.