Post
Topic
Board Marketplace (Altcoins)
Re: PAYCOIN enters coinmarketcap.com at no.3 spot with 173 Million USD marketcap
by
SaulGray
on 30/12/2014, 09:11:45 UTC
Looks like a scam to me. And 3 people are holding more than 30% of the market. They are looking for quick profit - pump n dump. Beware. Looks like a well organized, well backed up scam. I don't think they bought ~ 32 miilion dollars worth each. They are probably the creators. And I dont think that's OK, taking into an account the fact that they sell it at a price, that they defined. Scammers.

https://chainz.cryptoid.info/xpy/#!rich

Interesting, was unaware of that. luckily I already made my money back on this coin by selling half the coins I got from renting a miner for a few days when it was PoW. Even if this coin is a huge scam, atleast I won't lose anything.