Quote from: GLYPH on June 19, 2014, 09:44:37 PM

Quote from: GatorJMT on June 19, 2014, 04:24:32 PM

Originally posted below in the Cryptcoin thread, in case anyone wasn't aware at this point...

If anyone thinks there is any legitimacy to this coin then just look at the steaming pile of bird turd this pump and dump team is looking to hype next... https://bitcointalk.org/index.php?topic=644141.msg7375572#msg7375572

And about the BTC-e, Mindfox, ANON nonsense, words typed by sock puppets, nothing more.

Here's the formula if you haven't caught on...

1. Make really crappy coin logo, sparse/cut and paste coin details and have a lousy fucked up launch so ppl avoid or stop mining allowing you to pre-mine the shit out of it/get cheap on initial exchange listing.
2. Make a really nice logo to replace the really crappy logo and start making promises of all the wonderful hot button items dev team is working on.
3. Pump price to 2 - 4 million market cap.
4. Dump worthless scam coin on unsuspecting sheep.
5. Repeat

Now if it turns out these guys can pump this steaming pile of dung coin over 100,000 SAT I am both horrified and truly impressed.

Don't worry, you will eat your words in the end. The teams behind these "coin rejuvenation" projects have the capital, and the persistence, to make these promises a reality.

I believe a lot of coins start out with somewhat crappy logos. Especially with coins with 0 premine - the original developer has no reason to stay around if he doesn't mine a lot at the beginning. So people who DO mine a lot of that coin, they bring in money and developers to make the project better. The ones that get this treatment have interesting names and nice angles to market. And who really cares, when the price is continually being increased by these additions? Get on the train or get out of the way.

See you at 100k Grin

This is truth right here. What motivation does a dev have to maintain and improve a project if he has to continue paying out-of-pocket for all of it?

And since the previous poster mentioned Cryptcoin (the coin that made me register at this forum), myself and much of the crypto-community have our faith in Mindfox because he is a respected developer and has contributed greatly to many other crypto projects (https://github.com/mindfox). He has confirmed that he is working on the coin himself, so how are words being twisted?

If you know how the game is played so well, why don't you play along?