Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SIM] Simcoin - A Simple Coin
by
Agent86
on 23/04/2014, 21:09:04 UTC

I gotta say, people seem a little crazy considering this already has a $100k market cap based on the promise of an anonymous person who got into crypto at the end of 2013 and has admittedly never tried to write cryptocoin code before, and yet claims to write one from scratch that solves problems that very smart people have tried and failed to solve for a long time.

BTW, I trust you NxtChg, but there is NOTHING that would stop you from sending coins back to your own IPO to show interest and a good "distribution" and dilute real investors; There would be no way for anyone to ever find out about it or know.

It confirms in one second?  How do I trust the server that confirmed it?

I totally agree with you about a lot of problems with NXT and others had similar concerns, but I can't say I expect an ROI on this, but who knows?

I encourage you to keep investors in mind and not bank IPO profits that are out of proportion to your potential to deliver something of value in a very crowded space.