Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lytix - PoS Maxnode Data API Crypto Platform
by
tybiboune
on 02/09/2019, 09:30:19 UTC
Funny thing how it works in this weird cryptoworld, I just saw a new copy paste project(a pivx fork) on crex24 with the highest volume traded, with 6 commits only (almost all non-related to code), their wallet still have some pivx icons not even changed  Cheesy

Also the site is how it is and people buy like crazies,with no questions related to development and product.

The thing is the following, I have nothing against the developer who uses this fork ... but I have with people who didn't learned from past mistakes, how on earth you buy a coin which clearly shows that is not even polished, still with elements from the original pivx wallet not even changed and you don't ask yourself about it, if it's a genuine project or a scam?

Lytix is also a pivx fork but with serious development, 721 commits and a serious product in development, but with almost no support for paying services, exchanges listing .. no matter what we proposed and achieved, it's fucking insane in comparison with what others provide and they trade their coins at 10000-20000 sats and we barely situate above 35 sats?

I don't know what else to say, I'm perplexed.
The more you survive in this crypto world, the more you start considering it a "big charade"... The thriving projects are those who have nothing to offer and they are 100% rolling on pure "hype", no real development, no real product or use case (not even a plan to put up one)...

Those coins with crazy volumes are most probably some wash trading bots and/or the project owner injecting money, buying his own coin to make some volume and gain visibility.

Just one of the numerous shady things that are done... The bear markets are only hurting valuable projects, actually, as people take their money off those projects to throw it into those overhyped things.

But in the end we know who really wins... it's a matter of keeping your head up and your goals in mind.