Post
Topic
Board Altcoin Discussion
Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)
by
smooth
on 16/08/2014, 04:34:37 UTC
Disliking XMR for whatever reason is perfectly reasonable. Different strokes and all that. But on this...

As for BCN...
By my count the total volume on Polo has been about 5-6 billion at maybe ave 7-8 sats...
So even if you count all the clones... and even if these guys are expert traders and done half the volume...
We are talking at most maybe $100-200,000... which doesn't go a long way once you start splitting it up.  

you are also very much missing the point.

The scam most certainly did not go as intended. Monero (i.e. bitmonero) was not supposed to be turned into a community-run project and suck up (nearly) all of the investor interest in the cryptonote space, leaving only scraps for the scammers at BCN et al. Which explains a lot of the anger, hostility, shills, scorched earth, etc. toward Monero (theirs not yours).