Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏
by
stoffu
on 13/10/2017, 05:27:41 UTC
I ask again: who is the escrow custodian of the exorbitant amount of premined coins? Please post it on here along with his/her profile, reputation and relationship to the principals of this cryptocurrency.

It is a reasonable request and in the spirit of proper disclosure. Perhaps the fanatics of and the shills for this coin who always present themselves on here as very knowledgeable could provide this information for the sake of everybody involved in Sumokoin. Please refrain from emotionalism when replying as that usually dilutes credibility of one's argument. Just objectivity and the facts, please. Also, this is an open public forum so both yeas and nays have equal opportunity to express themselves on here.

Premine is a scam, and there can never be any legit explanation for it. The Sumokoin devs have successfully convinced people that they aren't scamming, while people have happily signed up for the premine (=scam). They deserve the financial loss that is due in the future, and nothing can be done to prevent it. Looking at Bytecoin, I'm baffled that such a thing still exists and maintains a huge market cap. Sumokoin is no different. You and some other sensible people have occasionally come over here to warn people, which is very generous, but ultimately it's no use.