Ok, so i am admittedly a relative newbie to the altcoin world. That being said, I became very excited when I read this thread and learned about XXXcoin, so much so that I invested .5 BTC in XXX. So then I went on Poloniex chat and they said the following:
"Stay away from pre-mined coins because they are a scam"
and ...
"if you are going to invest in XXXcoin, you need to go to that thread and insist that the dev put the majority of premined coins on Bittrex as escrow"
and....
"if it's pre-mined I would stay away"
So I replied that I WOULD ask that the pre-mined coins be sent to Bittrex as escrow and that I would ask about this in this thread.
I am very excited about this coin because of what I have read and because of the A+ premium name....however, I and I'm sure many others, need to know that this isn't a scam coin and that the dev isn't holding a million coins that he is going to dump and run with at some point in the near future.
Looking forward to the response from the dev and others.
Thank you.
Coinpirate
While I have great confidence in this project I will say this. The law of investing is never come to the table with money you are not willing to lose!!! Putting funds in a project firstly and then doing research is due-diligence in reverse. While I do not believe this project is a scam in the least, you can never tell until the end. All best laid plans have risk.
