This is not a long-term project, this is my biggest concern, I have bought many NXT since it's a long-term project, and the price will go up gradually, but this coin is not, initial investor will dump their coins immediately after it hits exchange, there are so many little children and newbies in this thread, it's too risky.
Right - like every other piece of crap scamcoin that has been released in the last 3 months. Here is the recipe:
Step 1: Pre-announcement: Make up a bunch of compelling bullshit about how your obvious scam is way different than everything else. Act like POS-only is a "feature" or some shit.
Step 2: Massive premine. Anybody buying into this piece of crap is so stupid that there is no need to be conservative on the premine. If somebody is stupid enough to invest in "Crypti" even with a zero premine they are stupid enough to invest in "Crypti" with a 15% premine. 15% premine! This thing is screwing people over going and coming and I guarantee there will be at least a handful of idiots that buy into this thing.
Step 3: Make sure anybody that posts anything logical or fact-based is labeled as a "FUDDER" or a "troll." "Hey get out troll! Spreading FUD!" In this case, FUD=facts but in order for the devs to really rip you off good they need to ensure the thread consists of nothing but fanboys and cheerleaders who were either given free coins or were stupid enough to actually invest.
Step 4: Give away coins to get people to vote on MintPal. Then, they will keep voting AND they will help grow the army of mindless cheerleading morons because now they have coins they want to dump. Then pay a bot voting service to vote on MintPal. Brag about your #1 (and only) feature: flying up the charts on the MintPal voting list!
Step 5: Get listed on MintPal, unload 50% of the premine in the first hour, then slowly unload the rest as the price drifts off down to worthlessness over the following week (or there are forks/etc and the coin is delisted).
Step 6: Make up some bullshit about why the project failed and disappear. Then start a new scam and do it all over again.
For every new scam there are 30 new idiots willing to throw their money away so it just keeps working.
So the better solution is creating a 1.0 shitclone - mine the hell out of it - dump on exchanges -create the next shitclone
Oh yes POW scammers are smarter.
POS and IPOs are the future. POW mining shit suxx and is dying. Sell your worthless rigs and move on
