Quote from: NWO on March 21, 2014, 01:27:10 AM

Quote from: MaGNeT on March 20, 2014, 10:48:06 PM

Quote from: NWO on March 20, 2014, 10:42:36 PM

Quote from: bloods-n-cryptos on March 20, 2014, 04:57:40 PM

Quote from: NWO on March 20, 2014, 12:34:12 PM

Classic pump n dump with a 'fancy' name. Well played Magnet, there will be tons of noobs holding bags after this one.

lol

"Classic Pump & Dump" 6 months after the coin was released? I don't think classic means what you think it means. Wink

The difference between this coin and all others, including BTC, LTC & DOGE, is that BTCS embraces decentralized development by utilizing a novel proof-of-stake voting system to have the community decide development and foundation formation issues, as opposed to a central group of developers.

It looks like it's the first democratized crypto-currency and to vote you have to keep and hold your coins. Hopefully, there will be a sell-off after it hits Mintpal to shake off some of the speculators, but a lot of its supporters plan to keep holding on for the coming voting phase.

This coin fills the need for a community-driven coin, especially with all the crap coming out of the "top-down" Bitcoin SHA Foundation.

I wouldn't be surprised if other coins started following suit by democratizing their development because ultimately freedom loving people don't like centralized control with anyone, even brilliant developers.

The latest update can be found here:
http://theotherbitcoin.com/democratizing-development-roadmap-decentralizing-bitcoin-scrypt-development/

You don't sound very smart.

Just because the coin has been in hibernation (so the dev and a few others can hoard thousands of coins), does not detract from the fact that this is a pump n dump. You would be in the category of noobs I see losing at the end of this.

Crypto probably isn't for you.

Since you didn't see this coin coming, I think the same applies to you Wink

Who says I didn't? I hate Nxt yet I'm still invested. I'm just pointing out that you have poor ethics and you are trying to con laymen people into your pump.

Oh, hows UNOCS going for you? Cheesy

Thanks for asking.
UNOCS / PhenixEx / PhenixCoin was one of the biggest scams ever and I'm not very proud supporting that back then.

A few weeks after launch, some of us (community supporters) were asked to promote PhenixCoin and so we did. The devs gained my trust, added me on Skype, we talked a lot, got on the phone (I live in Holland, they live in the USA), etc.
While we (the promotional team) were trying to support PhenixCoin and I was buying up, the devs (JohnCar / Iamatrix) dumped their premine, stole money from PhenixEx, etc. I lost ~85 BTC on Phenix. Ghostlander tracked my coins and confirmed I actually bought up a large part of the premine. After they dumped the premine, Iamatrix tried to kill the coin by changing the diff algo / block generation. At that time I believed it was a mistake, it obviously wasn't. This whole history cost me ~85 BTC...

The reason I promote Bitcoin sCrypt is: I never was asked to do so, I mined it a few times since september so I hold quite a few, I like the vision behind it and I like the name.