!!!!!!Scam Warning : Red Flags Listed below!!!!!!!!
1. The original owner abandoned this coin after he found platforms to be unprofitable. https://bitcointalksearch.org/user/aucoin-380677 This is the original owner.
2. Cryptohub has been hacked and has lost 80% of all AU located on the exchange. https://cryptohub.online/ (Hit by DDOS and taken offline)
3. Address Balance (AU) %
1 17F3CyuAFxnGu3fRVCiS3ZRArxrVetU494 49002.52474750 16.40
2 12p96MtRb7rGYozfD4yxyDgUiRThynZeNR 48704.21200000 16.30
3 1P6T8FBKfCEj2ZKuXsR5QraMQfUGfEEw7b 37110.10280700 12.42
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
1. The original owner abandoned this coin after he found platforms to be unprofitable. https://bitcointalksearch.org/user/aucoin-380677 This is the original owner.
2. Cryptohub has been hacked and has lost 80% of all AU located on the exchange. https://cryptohub.online/ (Hit by DDOS and taken offline)
3. Address Balance (AU) %
1 17F3CyuAFxnGu3fRVCiS3ZRArxrVetU494 49002.52474750 16.40
2 12p96MtRb7rGYozfD4yxyDgUiRThynZeNR 48704.21200000 16.30
3 1P6T8FBKfCEj2ZKuXsR5QraMQfUGfEEw7b 37110.10280700 12.42
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.
= NO ONE, ITS A SCAM
it's important to give people something of substance