If the shoe fits, wear it, lowlife
your arguments lack cohesion, im pretty sure the shoe only fits in your blinkered little world. This is you - "boo hoo Ive got a shit pc and havent been able to make million off mining cryptocurrency".
Actually, it's more like you're the one crying saying "boo hoo ... you were mislead and some of you were defrauded but what's wrong with that? As long as I profit, fuck the ones who were misled"
who has been mislead? nobody at all, I don't have a huge setup but at the same time i'm not naive enough to think that you can get something out of absolutely nothing. Please carry on inbreeding in your family as it's clearly adding to your intellect, lol.
So if someone invests in something being told "it is fully decentralized and distributed" but then find out it's one man in his mom's basement doing all the work, it doesn't constitute fraud? You may be just some chump low-grade miner but there are people who invested money and lost because the developers flat out lied about how the launch would go and then depended on the community to fix what he could not do on his own while he got paid 100% of the money and got to make sure the mining was distributed disproportionately. That's immoral regardless what excuse you make up for it. Can't really blame you though, I blame your your parents, Ching & Chong.
I think it's a moot point if the coin was launched by a guy in his Mom's basement. That fact, irregardless of if it's true; would not make the IPO and release of this coin fraud. Fraud is deliberately deceiving someone you are making a deal with in order to gain an advantage. 1.) In a sense, all IPOs are in a fraud- as the insiders have the certain advantage. They are selling "phantom ownership" and get all the cash up front. 2.) A botched launch doesn't constitute fraud either; as it would have to prove the delay was intentional. I doubt it was, they likely had issues. 3.) The mining after launch was just fine. While I didn't invest in the IPO; I did find 2 blocks with just 1 Dual Xeon in the first day.
By investing in an IPO, stocks, coins, or whatever; you run the risk of loss from the get go. However, look at Facebook:
Facebook suffered a botched launch.
Stock suffered during first month or two.
Now it is trading at nearly double it's IPO price.
Strato
HVC: HRWh3ZpL4ZhGVCM2pS7W98isgoKNLVA4Vw
I AGREE. It did constitute fraud the minute it was determined the launch wouldn't be postponed despite knowing there was no access for miners. If you're selling someone a blue shirt and send them a yellow one, you did commit fraud by knowingly misrepresenting the product. Now, if you sold that shirt and sent a yellow one missing the buttons and with a ripped collar, you have what Heavycoin is. Just another instamine Scamcoin.