Quote from: FixerVE on October 10, 2018, 08:05:34 PM

Quote from: enigmatical on October 10, 2018, 02:38:53 PM

Quote from: FixerVE on October 10, 2018, 01:04:06 PM

Quote from: leetlezee on October 04, 2018, 10:21:56 PM

You can see the massive market manipulation if you check out Logis on https://masternodes.online/currencies/LGS/ or on coin market cap.

Today (10/4/18), it shows 3.99 million in volume against a 4.7 million marketcap, which seems crazy enough, but when you check it out farther, you will see that there are 301 masternodes, locking up 71.04% of the supply.

Doing a little math shows that of the 423,734 LGS in circulation, 301,000 are locked up in masternodes, which leaves a total possible 122,734 for trading. That 122K coins has a current value of 1.36 million, which means if all of the coins not locked up in masternodes are on exchanges being traded, each coin is being traded 2.93x PER DAY.

How is it possible that in the real world, every possible coin is being traded almost 3x per day? I think we all know the answer to this.

My advice? Steer clear!

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I was about to write a post exactly as you did. So, I will only add that LOGISCOIN and LIGHTPAYCOIN are the same people doing a really good job manipulating the daily volume. As you noticed, yes, it is a clear manipulation, the owners of the masternodes/devs are just creating coins, buying and selling the few percentage that is unlocked, several times per day (I think they made some bots), quite stupid because blockchange technology is transparent and you can make some math.

STAY AWAY FROM LOGISCOIN and LIGHTPAYCOIN...!!! high ROI does not mean that it is good investments, around 95% of the coins around here are shitcoins...!!!

Why don't you use your original Bitcointalk account rather than creating a new account specifically for this purpose. You should go elsewhere to spread your FUD and leave this thread

I just created my account about one month ago. My native tongue is Spanish, and I am not good at writing in English, for that reason I was not interested in writing post here before. This is my argument. But your argument defending this scam what is? Huh

I will continue with the analysis of this scam:

At Github:

* LightPayCoin (same developers of Logiscoin):

3 contributors, 2 releases and 47 commits:

See the 47 commits, they are just changing the text files and putting/deleting comments in the code (readme and copyright files), stupids changes to inflates the numbers of commits. The Devs are not developing nothing. Also 2 releases, this shitcoin is just a fork of PIVX and in the second release only they changed the logo.

* LogisCoin:

2 contributors, 1 release and 13 commits:

Same story, even worst. Only changing text files to manipulate the number of commits. This shitcoin is just a fork of PIVX and is even worst planned.

What are your arguments? Huh

? don't say again that I am making FUD and I created a new account for this, just defend this project with good arguments and I will change my mind and even apologize.

So true about github.

Also team never answer any tech questions, just keep talking about price. Total garbage.