These three Address control over 50% of the Aurumcoin supply.
4. This coin has been hit by several hacks, pump and dumps and 51% attacks.
5. The team is fairly incompotent (unfortunately) and is not able to properly maintain this coin (hence the security flaws)
PLEASE BE CAUTIOUS WHEN INVESTING IN THIS COIN, YOUR INVESTMENT MAY NOT BE SAFE. _________________
lol holders dont make the scam, the creator does (and the current fairly incomptent team if i'm brutally honest) and the original creator already abandoned this coin. The fact that the 3 wallets holding half of all of the coins is not the creator of the coin (or if he is and the fact he abandoned it) is a good incentive for it to be dumped in the future. The only reason they probably didn't sell yet is the fact that there is no volume and liquidity
also auking...whoever runs that twitter is...wow. That article is available on the front page of google, but it was due to an outlier on CMC's exchange detection. Someone bought a small amount on cryptohub which led to the glitch on CMC, but more than anything that same exchange has now got hacked and lost 80% of all aurumcoin
an even distribution is healthy and this coin doesn't have that hence it's really a coin that no one should ever invest in
Yeah you have to be careful with this coin
" 1. By abandoning the project it leads to a lack of confidence in the project. But more than anything, the general incompetence of the current "team" is a bad thing as they are unacknowledgeable about how crypto AND gold works. Gold requires licensing and can take a year+ for approval and will not only need this coin to be stable, but it will need to have some way to be audited. This coin is NOT stable and has had MANY pump and dumps. No one in the community has even put forth any structure to back it by gold, even WHEN the value was there, the only thing spouted was the generic "HODL, MONEY IS COMING REEE"
2.No argument, it's been proven that CH has been hacked and DDoS'd and 80% of the supply was stolen.
3. Why would having the top 3 wallets control 50% of the supply of a coin be a good thing? If you want the value to be stable you don't want such uncertainity. This is bad, no matter how you look at it.
4. Look at CMC, lots of pump and dumps have taken place. If you look at the SC, it's SUPER easy to 51% attack this coin.
5. Team is incompetent yes, see number 1.
but here's proof that it's shady and you didnt even deny it
Y'all got scammed bois, time to get something real and not fake promises amiright?
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
by
Crazy8Balll
on 02/10/2018, 19:19:41 UTC
It's over, the ship is going down ree
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
by
Crazy8Balll
on 02/10/2018, 10:56:56 UTC
Dude, no one should EVER hold 50% of the supply of a coin, that is always bad. You don't even know who the person is who has it which adds nothing but uncertainity to the project / coin.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
by
Crazy8Balll
on 01/10/2018, 19:42:01 UTC
this scam is dying bois
better sell before it crashes through the support
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
These three Address control over 50% of the Aurumcoin supply.
4. This coin has been hit by several hacks, pump and dumps and 51% attacks.
5. The team is fairly incompotent (unfortunately) and is not able to properly maintain this coin (hence the security flaws)
PLEASE BE CAUTIOUS WHEN INVESTING IN THIS COIN, YOUR INVESTMENT MAY NOT BE SAFE. _________________
lol holders dont make the scam, the creator does (and the current fairly incomptent team if i'm brutally honest) and the original creator already abandoned this coin. The fact that the 3 wallets holding half of all of the coins is not the creator of the coin (or if he is and the fact he abandoned it) is a good incentive for it to be dumped in the future. The only reason they probably didn't sell yet is the fact that there is no volume and liquidity
also auking...whoever runs that twitter is...wow. That article is available on the front page of google, but it was due to an outlier on CMC's exchange detection. Someone bought a small amount on cryptohub which led to the glitch on CMC, but more than anything that same exchange has now got hacked and lost 80% of all aurumcoin
an even distribution is healthy and this coin doesn't have that hence it's really a coin that no one should ever invest in
Yeah you have to be careful with this coin
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
by
Crazy8Balll
on 01/10/2018, 15:44:34 UTC
ded scam coin
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
Greetings, Good to see plan like this that will offer us much easier way of life by using crypto much faster that it was until now for any kind of transactions be it payment of simple transfer of funds and to be able to do that for such a small fee is indeed commendable.
uh, what?
the wallets don't even sync right how is that a simple transfer?
didn't you read about the stopped blocks lol
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
Found the address of listex.io that stolen and deposit in cryptopia: http://aurumblocks.cointech.net/address/1CRnH4A33cAx1VeMCWJSTooiSea7LJrzAU you can see that 1475.9092 AU coins where stolen on listex.io scam exchange and were deposit in cryptopia to sell them in cheap price. now all you need to do is complain to cryptopia and your police every one that deposit AU to listex.io can found his deposit that went to this wallet in the blockchain. Probably listex.io sold most/all his coins already in cryptopia but this is the address he deposit to cryptopia and maybe they can help. Please check this everyone who was scammed.
According cryptopia all coins were sold and withdraw to the BTC address 36zgU4Cdf44VTMRCxB9DDpyPTThvs6Uxhg cryptopia have locked his account, however unfortunately, this is not an address that Cryptopia holds, so they're unable to freeze it to try and recover any funds.
listex.io scam put disgrace on crypto market and made us damage but we are strong together
also what's to stop that guy from just dumping his coins on you all after he stole all of them?
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
by
Crazy8Balll
on 01/09/2018, 08:04:54 UTC
no seriously. the developer abandoned this coin, this coin is NOT backed by gold and there are super obvious glaring flaws with this coin, it's still a deadcoin unfortunately
also the stopped blocks situation is pretty bad
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
by
Crazy8Balll
on 01/09/2018, 07:50:18 UTC
besides, the creator/developer abandoned this coin a year ago
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█
by
Crazy8Balll
on 01/09/2018, 07:43:10 UTC
infact i cant even sell this without crashing the price on cryptopia which is an even more liquid exc