mss1908 wrote: "AND I AM ABONDONING SIKKA FOR GOOD. AND ALSO WITH IT ABONDONING HALF A MILLION COINS I MINED TILL NOW."

Right. The best choice you did in this case as I made it weeks ago. Its anyway a fake coin mining system, because I suspect that in fact monero or any other listed coin will be mined with the help of the sikka pool. So the miner of sikka receives toy money and the pool operator (who is it? is it user "sikka"?) uses the hash power to mine monero with it. You can delete the wallet and you will miss nothing. You will lose nothing. Quite the contrary - now you have the time and energy to pursue your own personal goals again and not the goals of a coin initiator who is greedy himself for hash power and is cheating for this reason. The loss of this toy money was a personal WIN for me.

And how the pool operator respectively the user "sikka" or whoever could justify his fraudulent acting?

Simple:

1. He accuses all miner to be GREEDY who do not deserve anything else. Greedy people deserve to get pickpocket. => user "sikka" writes: "we are not here to serve your GREED." or "No one was here for making money before all you greedy people who don't have clue what crypto movement was, This single line signify you dont get it."

2. Its the miners own fault if he is so dumb to mine the coin "sikka". Its their own fault if they mine to get rich. user "sikka" say: "We have repeated in past and we repeat now, we have never asked anyone to mine Sikka." and "By no means We have asked people to mine and We are not selling anyone anything here." So he does not ask and therefore he does not own the miner anything. A fine justification.

With these 2 justifications you can run a pool with a fake coin - just to produce the imagination in the miners mind he would mine a real coin - just for show and in fact the initiator of this coin is mining another coin - of course only for his wallet. The miner himself gets worthless toy coins. Bad luck for sikka miners.

The pool operator gets rich by mining monero and sikka-miners get a fake coin. Greed must get punished. So the sikka founder is doing something good in this eyes.

This makes the most sense to me.

And thats why user "sikka" is claiming: "So don't expect any miracle in coming months or listing."

In this system you do not need a wallet GUI nor another pool nor a coin listing or even a solution to block baikal giant N user from mining this coin (more hash power is needed for this pool from the perspective of the fraudster, the more hash, the more monero or any other coin) or any other further development because the aim with cashing in the hash power via the sikka pool (no single mining has been provided) is already met. There is simply no motivation for it.

No. In contrary, any further positive and constructive development would be bad. That would lay open the swindle. The coin exchange would check the seriousness of the coin initiator or team and this is not wanted here. The justification of the coin initiator is here: user "sikka" says: "Check IRD started before us, not on exchange, check others, max they have achieved is going on exchange, which is what some dollars for listing." So the user "sikka" sells himself as to be economical, not to mention greedy. He has time. Yes. The longer the pool runs, the more monero he can mine.

User "sikka"  will never deliver anything except your wish of becoming rich while mining this sikka-coin.

Very malicious.

It seems to me that there are a lot of frauds outside in the world. If they have the opportunity to trick someone they simply do it. No scruples.

If you really want to get rich this only will happen slowly. Step by step. Over time. Buy the stock of the company "PayPal".

PayPal delivers a real and working and worldwide accepted method to pay with in the internet. And its the best method in my eyes. Its an high valued and therefore expensive stock but it has definitely a running and working and profitable business model and a positive future. I use it myself and I am convinced of this service. Simple, beneficial and free of charge for the buyer. There is hardly anything better on the market. And the worldwide online business is growing.

Disclaimer: I do not own myself any stock of PayPal nor I am an employee of PayPal.

Its just a thought how to invest your money seriously and with a high chance of success instead of wasting your money for the energy bill and to receive nothing after all.

And generally from my point of view, there is no need to use the blockchain as a method of payment. Really. There are other possibilities to use that technology. It simply does not suit the needs of money.

You can not use cryptocurrencies to pay with because there is no worldwide acceptance for it. Nor does it suit the need of a scarce and therefore valuable unit like gold. Cryptocurrencies are not scarce and every day new cryptocurrencies are being added to our world.

To use cryptocurrencies as a form of money just redundant.

And its price is totally overvalued - like the prices of tulips almost 400 years ago in Holland. This is a classical bubble. The price even of bitcoin will come down to ZERO again. High valuations are no proof that something is really valuable. A lot of buyers simply cannot judge the new technology and its purpose. But after time they will recognize. Its worthless.

Money is a public good. You cannot create it privately AND assume the whole world or an acceptably big enough crowd of people will use it. And only under this condition money will work as a medium of exchange to trade goods and services. The history of private money is documented and it always failed. Research for yourself. But you can create private money but it will not become accepted. And less than ever from public authorities.

Public authorities will always ONLY accept public money. <= Thats the central idea. If you keep this in mind you know that Bitcoin and Co. will collapse.
And public authorities of course want to have control about the vehicle they are issuing. It must be taxable. It should be transparent. I am wondering that cash is still a legal tender and allowed. It does not fit the perfect needs of public authorities. And anonymous money? Are you kidding?

Forget it. Rather they will close every single server on this planet.

The only need every cryptocurrency satisfies is the wish for GAMBLING. The wish of getting rich - QUICK and with NO WORK. And with a low stake. For everybody possible. But if everybody is rich. Who paid everybody? This cannot work. Its a question of logic. Obviously a lot of people cannot think in a proper way (not to mention they are just dumb) and are indeed just full of greed. Greater fool theory is working here. And nothing else. And the greater fool will be paid out with immense losses. This will hurt. The winner in this game will be early adoptor respectively the initiator if they do not forget to cash in.

And even as a method of money transfer the blockchain is no practical because of its price fluctuations.

And as a method to pay with I think PayPal is much better than Bitcoin and co, not to mention all the other hundreds of digital coins or even sikka. No chance to capture the market and to survive. And if you want a scarce commodity then simply consider to buy gold. Done.

Keep away from fraudulent people. They are often anonymous. So you can spot them. They do not reveal their identity. A serious businessman or friend has no problem with that.

Keep your resources for yourself. Do not reward the fraudster for their fraudulent acting.