RIP Sumo. Dumbest decision ever and ever... Greedy bastards. Bitmain involved 100%. Gave some cash and devs fucked the loyalty.
From the last 2 posts on their blog I suspect this is more because they are afraid Fireice will attack their network. I think they've panicked and switched back to CN to archive bigger network hashrate to prevent 51% attack... Still worst decision ever. They are ruining their coin anyways due to huge drop in exchange rate & volatility.
As you noticed... the coin was under attack. I assume it was a last call to save the project. And frankly... it worked. Of course a lot of people sold in panic. But as usual... panic and fear are bad advisors.
The future will tell if the coin manages to recover....
@Germining:
You sound totally different now. According to you (2 months ago), this was the best coin in the world with the most competent team of developers. Anybody asking about the premine or the team was labeled an "idiot"
and banned from telegram, etc.
Just so that you forgot to mention that the "most competent project team in the world hired" a developer who seems to have been in trouble with the law because they were desperate and incompetent. That said developer - also according to your developer in Vietnam - tried to take over Sumokoin. Bla Bla Bla
https://medium.com/sumokoin/all-truth-and-fud-on-sumokoin-project-7af6d1a03eb0Well...here is the news. Check out the RYOCurrency forum. Their side of the story is quite different.
You told people to "invest" (mine or buy) in this great coin. Cryptopia suspended trading and you continue with your bullshit. You wanna-be smart alecs shouldn't have given away the keys to the castle
even if it was only a poor copy of Monero and your so-called team was incapable of developing something like cn_heavy. Read my posts months ago and you will see that these were the things I was asking about.
You and your pal Sumogr said that there were no GITHUB commits because the developers develop everything offsite. Feature sets were mostly copied from Monero and not even that was handled
properly by your so-called team. Few commits and a few changes to Monero...that's Sumokoin...although the idea wasn't bad at all.
But now...it's somebody else' fault. That's is what I meant when I repeatedly asked for transparency. You kindergarten kids don't get anything sorted and prey on the little folks.
Now, you assume...bla bla bla... well... stop bullshitting people here. You were proven wrong and so was your pal Sumogr. Maybe, you shouldn't post here anymore because you totally lost your credibility.
Good for you that crypto is not regulated. Otherwise folks would sue your asses. SumoGR probably cashed out and I assume the few coins they gave you aren't worth anything anymore.
Almost makes me feel sorry for you. I guess they bs'ed you as well? Or what's your excuse? Don't bother answering that. It was a rhetorical question.
Sumokoin...to the moon and never back! RIP