Post
Topic
Board Altcoin Discussion
Re: [HYP] Let's take a closer look at HyperStake SCAM
by
Hypnotique
on 22/10/2014, 16:22:19 UTC
Could someone translate the OP's allegation to me? I really don't understand...what is his point?

Disclaimer: I don't own any HYP, I am just trying to understand.

I apologize if I wasn't clear..

The point is that the coin distribution is fraudulent. Forking a coin into a new one is fine, the issue here is that these guys KNEW they were going to fork TRK days/weeks beforehand..  yet they only posted the ANN hours before the actual fork was to happen. This means that for days/weeks, the scammers knew any TRK they owned would entitle them to free HYP, and were free to accumulate TRK unnoticed...

I don't see how this is any different than releasing a cpu only coin, while the devs have a GPU miner.

iantunc, another bagholder I assume? I realize you, the rest of the bagholders along with these so-called developers wish the facts would go away (not accusations, facts. ) but unfortunately for you that's not going to happen. It's everyone's responsibility to out scammers whenever possible.