Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Simple Software Solutions - Blockchain Cloud Storage - [POS/MN] [MVP]
by
AmoreJaz
on 18/06/2020, 21:24:10 UTC
This coin is good because it has been listed on two exchanges as I saw above, but the number of premines is very large and this only uses the Algo Masternode and Pos
What I think is that pre-mines will make the price of this coin will go down quickly as prices jump if the dev didn't control it wisely. I always see the pre-mine coin has a strong influence on falling market prices or maybe this will be not, don't know.

more than 14% premine is actually huge. so for those MN buyers or buyers of this coin, should be careful as you dont know the true motive of the devs behind this coin. with the anonymous team behind, you should know what to expect on this project. if they disappear into thin air couple of months from now, you cant do anything about it. so before buying a MN or their coins, you ought to be ready for whats to come.