Honestly not trying to rub it in here but once again if you had listened to me you wouldn't have lost a bunch of money here. Obvious scam with an effective 6.5% premine guarantees you lose money. Over the past 45 days I have called out Yellowcoin (dropped 30 times since I publicly called it out), Silkcoin (down 10x - dev was a proven scammer), Veilcoin, Boostcoin, and several others. In that same timespan I have invested in OctoCoin (up over 3x), Murraycoin (up 10%), Monocle (about even), and VTC (down 2x). Considering OctoCoin is the only coin I know of that is actually up over the past month I must be doing something right. Murraycoin hasn't done a lot but at least it's stable and I personally know and trust the dev. You know how I pick coins? I take advice from other trustworthy people, I don't buy anything that had over a 1% premine, I don't buy anything PoS, I require proven developers (not a fly-by-night dev using an account created the day before a coin is released) and I don't believe anything without evidence. Also, if a dev is giving away coins for MintPal votes it's not a deal-breaker but it's a red flag. A good coin wants good distribution and stability before everyone starts unloading on MintPal. The OctoCoin devs cared so little about exchanges early on that the exchange owners were getting annoyed because they were being ignored. A lot of people hate me but they hate me for being right. Hope you all learned something here. Also, I'm not telling you I've never made a bad investment (for example VTC is down right now) but I've always managed to avoid scams. They're just really easy to spot.

Stop buying into scamcoins trying to get rich quick and fraud devs will stop making scamcoins. If nobody buys them the scam doesn't work. Get it?