I have started buying some Sterlingcoin. I think it's a magnificent name and can be used in many countries not just the UK, also a lot of development has been going into the coin and more updates so soon after launch. The main thing for me is the developers have committed themselves to the project by letting everyone know who they are.
I find it strange that people still support coins that have anonymous creators and end up getting scammed 99% of the time.
People like to buy ICO coins and in the end they will get scammed.
I have no idea why people fall for it all the time and get constantly burnt. We going to make sure the early investors in Sterlingcoin are well rewarded!
I estimate that 90% of most ICO/IPO is the devs buying their own coins in order to generate enough volume to sucker in some newbies and gambling addicts!
Its the only explanation for the continued 100btc+ volumes when time and time again they slump to a quick death right after, there is no way we have enough fresh meat piling into the exchanges to explain the volume on these scams and nobody who has been into crypto trading for more than a coupla weeks would touch an ICO/IPO these days.