Quote from: k9quaint on March 20, 2012, 10:38:04 PM

Quote from: antares on March 20, 2012, 09:44:56 PM

If realsolid had been a scammer, he'd cashed out within the first 3 weeks. When 1 SC was 0.03BTC, and there was a market volume > 200k on bitparking. Instead he sat down, reacted to threats, changed a lot in the networking of solidcoin, and released SC v2(and soon v3). Sorry, but putting much hard work into a scam after you missed the opportunity to cash out big just doesnt sound practical for a scammer.

There is a difference between the volume of bids and asks, and the volume of trades. The trade volume of SC2 was always thin, now it is non-existent. You can move the price by trading a few BTC or USD for SC2. Since miners get almost zero rewards for finding a bock, the only people with significant amounts of SC2 right now are the founders. If they don't sell, the market is not liquid and thus no price discovery takes place.

Regarding RealSolid's "work": There was no pre-mine before SC2, so he could not have cashed out in SC1. Nobody here had an issue with SC1 being a scam. The only issue was that it had security flaws that required it be shut down. SC2 had the pre-mine and the tyrant nodes which guarantee double spending can happen as long as the tyrants bless the spend. Lots of people had an issue with that. RealSolid has not yet had an opportunity to cash out his 12 million SoiledCoins (or double spend the CPF into oblivion) because there have never been buyers out there for that sort of volume. So SC2 limps along.

The brand is so toxic at this point, nobody is likely to dump serious cash into it. Even if it was part of a pump and dump.

LOL Soiledcoins....haha yup u got it right!