Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine
by
cryptodevil
on 21/09/2017, 12:56:56 UTC
Well in all fairness nobody is being conned, as you say "ASIC-resistant actually means? It is simply down to whether the component parts of a dedicated ASIC mining device for that algorithm would be sufficiently profitable to assemble and produce to mine a coin efficiently"

As POS is 100 days then the answer to this is no, subsequently defining by a marketing standard, that yes the coin is ASIC-resistance.

You are being conned if the 'dev team' are promoting the coin off the back of a bullshit feature which is utterly irrelevant to this coin and have manipulated both the market through ridiculously high volume for a coin with zero innovation or tech and also fooled the community into believing it is a legitimate coin of size and scope so they can offload their bags of shitcoin for bitcoin.

This isn't the first shitcoin scam and it unfortunately won't be the last.