Quote from: do-d on February 01, 2014, 04:10:29 PM

like the idea of this coin

sent 0.05 BTC

and lets hope its not a scam

That is not how investing works. You don't just "hope its not a scam!"

The people behind this coin have provided no information. Yet they have already taken in over 35BTC. That is more than the median annual income in the United States. This thread is filled with supporters that all have very recent accounts. There is no activity on social media to support this coin. The twitter page had one post, the reddit page has two threads. The Reddcoin has two threads on Reddit. If you have invested you should try to get your money back. All of the BTC deposits are going to unique wallets so it is very hard to track the coins the devs receive. People used to get mad about 1 or 2% premines and now people are supporting a coin that has an almost 5% premine?!?!

STAY AWAY!

To any investors I hope things work out. For anyone on the fence and thinking about investing you could at least wait until after the first IPO stage closes to see if that pays out. But I could see that just being a con trick to build up an even bigger investment amount for the 2nd round!!