Quote from: Goldsheik on December 08, 2017, 03:55:35 PM

This coin is horribly overvalued right now. I remember when it was hanging at #150 on coinmarketcap for like a year. Now it's showing typical pump n dump behaviors.

Here are some thoughts to why I will never buy Einsteinium:

1. The name. Einsteinium is already the name of an element, which makes things confusing. And also, why Einstein? Sure he's in the top 5 of scientists, but I think his name was slapped on there with no higher thought just because it sounds catchy for the general public. Personally I don't have any particular love for the guy, so I wouldn't idolize him like this.

2. The idea. "We give money to scientific projects". What makes the devs qualified to decide who gets the money? I'm not saying this coin is a scam but all benefit scams follow this pattern. A group of people collect money and keep most of it for themselves.

3. Use cases. Is this a usable currency like Litecoin or just a benefit fund? People seem to be buying Einsteinium just because it's a nice pump n dump. And if this is meant to be used as a currency, what makes it any better than Litecoin, for example? It would be weird to buy groceries with "Einsteinium".

If you disagree with me, it's probably because you're an investor and you want to believe in what you paid for.
I study to become a research scientist in real life and I wouldn't touch this with a 10 ft. pole.

1. The name is chosen because you don't have love for Einstein and because they wanted to make it really confusing for you Wink

2. I agree that a transparant way of donating projects would definitely benefit!

3. not every currency will be used to buy groceries on the long term, so it doesn't necessarily need to become usable in that way

The way of trying to be proven right is quite funny, I am a scientist, so don't touch it.

Then better invest in the dubai coin in which you lost all your money... Tongue