Re: [SCAM] GARLICOIN - Reddit's Garlic Bread Worshiping Currency
This is not good...
There seems to be a lot of brand new accounts all shilling this coin now - are they the same?
I wondered why the hell the dev would use Nscrypt as it's an outdated hashing algorithm and half of the mining community would have to put extra effort to mine. There is Equihash, Ethash, Cryptonite, lyrca2rev2 which are ubiquitous throughout crypto at this time and have development and there are no known ASICs.
After research I see that there probably is an ASIC for Nscrypt, old it may be but more than likely to have an advantage over the rest of the miners - is this connected to the dev in any way?
Even if there isn't an ASIC there still is the issue of the 200k coins in this pocket, does the community have the address of the community fund or is it faith?
Either way the chain needs forking to a hashing algo that isn't sketchy and if the dev can or will do this I doubt very very very much. Otherwise this coin will die, large community notwithstanding.
Not FUD I have been mining GRLC for nearly 2 weeks now and this is coin is looking worse than the total crypto market cap right now...
Many people from the subreddit are following a post where it was suggested to create accounts and report/flood this post here. Perhaps they don't know that reports here aren't the same as in Reddit. There seems to be a lot of brand new accounts all shilling this coin now - are they the same?
I wondered why the hell the dev would use Nscrypt as it's an outdated hashing algorithm and half of the mining community would have to put extra effort to mine. There is Equihash, Ethash, Cryptonite, lyrca2rev2 which are ubiquitous throughout crypto at this time and have development and there are no known ASICs.
After research I see that there probably is an ASIC for Nscrypt, old it may be but more than likely to have an advantage over the rest of the miners - is this connected to the dev in any way?
Even if there isn't an ASIC there still is the issue of the 200k coins in this pocket, does the community have the address of the community fund or is it faith?
Either way the chain needs forking to a hashing algo that isn't sketchy and if the dev can or will do this I doubt very very very much. Otherwise this coin will die, large community notwithstanding.
Not FUD I have been mining GRLC for nearly 2 weeks now and this is coin is looking worse than the total crypto market cap right now...
Such comments as the one bellow make me laugh.
As you are not part of the official dev team, you don't have the right to create an [ANN] thread on behalf of the coin creators.
I see that supporters of this coin are quite fond of the 
You can deny that Garlicoin isn't a dead coin all you want but for now it seems to be deteriorating in exchanges, almost twice as much than most other cryptos did today.
I'm sorry if the truth rustled you but as all other Garlicoin supporters have pointed out after the lord and savior DigitalizedOrange spoke, there's clearly no need to be upset.
Only dreams now.
Two things, first off it's not a freedom of speech issue. You didn't just express your opinion about the developers, you misrepresented yourself as someone who has the authority to post an [ANN] thread for a coin that you officially have nothing to do with, made it look legitimate, then after generating traffic and views to said post performed an about-face and used that assumed legitimacy to degrade the good name of the coin and the project.
What you're doing isn't practicing free speech, it's closer to slander which in the U.S. there are actually laws against. But this is the internet so yeah.
Secondly - chill. The coin is two weeks old and yet you feel the need to conduct some kind of organized attack on it via a salty witch-hunt. You're not psychic and you can't know for sure the intentions of the devs. Just try to investigate things and discuss it in a civilized manner instead of hurling accusations and damning judgements in flaming red letters, geez dude.
As I said, we need moderation in a board which enables official devs. to confirm their identities before being allowed to post an [ANN] thread of any sort to eliminate this kind of nonsense.