Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [WACG] WACCOIN GOLD ** NEW WINDOWS WALLET RELEASE **
by
WORE
on 31/07/2014, 00:19:59 UTC
Seems like a lot of work has gone into this very elaborate scam. Would have been easier to ninja launch a 1 day PoW coin with a 3% premine for the coin owner to dump

Scam or not....the whole premise of it seems like a scam....and I've said it since Day 1.  Pre-mine of 33.3% of your own coin to create "a bank" and  putting a price of $10 per coin on them.  You just can't create a coin, take 1/3 of the coins, have a value of $1 billion dollars and go from there.  None of it makes any sense to me.

Look how "Waccoin Silver" did: https://bitcointalk.org/index.php?topic=592538.0.  I can't tell but it looks like a 28% pre-mine on this guy as well.
Waccoin silver was just a trial, this coin will be relaunched soon, we made a change of administrative team, this coin is a long therm investment, its not a scam or just a coin with premine to dump, everything its transparent here, nothing to hide

Relaunch?  err?  I got over 30k+, are you resetting the genesis block?
Yes, your coins will be given back, not the same ammount but the equivalent in money

I'm not really understanding that statement, if the genesis block is reset on a dead coin there is no equivalent in money, there is only the ability to restore the same amount in hash power put in to mining the coins by restoring the same number of coins, or you could send me a check for 30 grand or $6,900 based on the Crexser declared value (.23 per at $400 per day), that'd be cool. ROFL =)  Honestly though if I knew the coin was an experiment I would not have put hash power towards it to keep it alive after it died on release of new coin, nor would I have put so much into it over the course of the coins life, it was clearly not presented as an experiment.  Would have been nice to know I was just pissing in the wind.


Gotta say that response would royally piss me off too!!  Is this coin going to be a "trial" as well when they release another coin in 2 months time, man that was a horrible thing to say.....let alone do!

I am trying to see through the competition and beyond the coin short sales here.  The idea behind crypto coins is getting the corrupted power the banks have over our money away from them.  A better coin is a better coin, this is what we are all seeking and being the first to apply hash power as an early adopter substantially improves one's position if the coin is adopted as we all see what happened with and the downside of Bitcoin.  But the institution behind it must show the integrity necessary to be trusted, this is the stuff that will determine the coin's success beyond successful negotiations on institutional acceptance of the coin as a currency.