Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] Judge Coin (JUDGE) [NO PREMINE] [NO IPO] | X13 / 30 day PoW then PoS
by
vcoinminer0938
on 28/06/2014, 07:08:58 UTC
One thing I am fully aware of is the Pump and Dump mentality.  In order to "Dump" you have to have a "Pump" and my honest approach should deter that.

I am fully open about where the coin is at.  You will not have a promise of this feature or that feature.  Most if not all Pump and Dumps come onto the scene promising something they cant possibly hope to deliver.  I don't expect a high price for the coin initially as the coin is not marketed with any of the "trendy now features".

What this coin does have going for it is me and the people I will bring in.  During the whole Silk Coin fiasco I was there, opened a chat room, and gave updates when everyone went deep cover.

As to #4, I used to support a well used premine.  After what happened with Silk Coin I will NEVER support a coin with a premine.  If people want to donate their time or coins they can.  But there is no way I can dump on the coin as I wont have any up front.  If I want coins I will have to buy them like everyone else, which I intend to do as I believe in myself and the community that is forming.

I am glad you stopped by.  I hope you stick around Smiley

Ya, the "this week trendy" is not what you need, but coin need it's own features, to different with others & attract people.
I would say silkcoin may looks "transparent" but it's not at all, the way to success is transparent & trust.
Silkcoin put premine in address, but nobody can control that except devs.
So dev can move coins & dump before everybody aware. Look at thread, the only people who found devs moved coins were 1%, and after these 1% of people spread out, 3 days pass.
Dev can dump all his coin & buy in low & dump again with a small pump, and triple his capital.

I would say if I ANN a premine coin, I would just move those premine to escrow.
So if people got scam, not me, escrow scam you, and I scammed by escrow too.. :p

I will be around.