Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
HabbyGab
on 31/12/2013, 10:53:35 UTC
Wait. Is the 2% premine of the total amount of coins that will be mined? Because if I counted correctly, that would amount to over $1000000. Sounds like a scam. And even if I misplaced a zero (which I believe I didn't) it would still be 100k or 10k USD, which is still ridiculous for "bounties and development".
Lately the entire cryptocommunity has been disappointing me but this is even worse than DOGE. I really hope that the 2% isn't from the total amount.

Do you work for free?

Would you wanna create something and get nothing for it?

Imho, a 0-2% premine is just healthy for the coin as the dev team will surely be more interested in the future of the coin.

What would you make you go up every day and working for something if you get nothing from it?  Only making other people benefit.

If you feel that way, send me a pm, i got a great idea for a coin i would like for you to create with 0% premine for you!

Cheers
Do you realize how easy it is to make a coin like this? And even if it took much effort, that effort surely wouldn't be worth over $100 000.
I can just contact shakezula or Hazard or any of the tens of people offering to create a generic coin with modified values (such as this one) for under 100 dollars.
I am so done with this. The entire community has turned into a pile of scammers and idiots who get scammed. Those same idiots sometimes get profits while riding on the pumpwave and then think they made a good investment. Altcoins could have been so much more. Hopefully all the scams and novelty coins are done and dumped in a few months as I suspect. There's only so many times you can scam noobs. Those noobs grow up to realize which coins are scams and which aren't. And the community isn't growing much anymore since china left.
You should all take a long look at yourself and think which one you are. The scammer or the idiot getting scammed, because those are the only two options with this coin. Imho both are equally bad.