people say the price may fall. im just comparing it to other white coin and asiacoin, they are still higher than us. many people are buying because of the reward, but we have a multipool in place and other projects. people talk as if we have the 10% pos only thing going
For one, it's hilarious because the dev asks for
donations for the giveaways. What was the point of premining 5,000,000 of the 25,000,000 coins if the giveaways come out of the miners' stash? How is this not a red flag?
Why would you compare it to Whitecoin or Asiacoin? This coin is completely different. Whitecoin was (briefly) successful because it was the 2nd "colorcoin" to roll out and BC had pumped up and made a lot of people money. People hopped on board with Whitecoin hoping to do the same until it was exposed for what it was - a pump/dump. Enter Yellowcoin: now just one of many in a sea of dead or dying played out "colorcoins". Also, even after Whitecoin was exposed as just another pump and dump, Yellowcoin will never come anywhere near Whitecoin's level of success. For one, Whitecoin had a 0.78% premine and Yellowcoin had a 20% premine which is nearly 26 times more. That means out of the gates, the dev has 26 times as big of a share to dump as the Whitecoin dev and they still had enough to crash the market. The 10% daily POS is just stupid since all of the coins were mined in 7 days anyway. The people holding coins are obviously going to hoard them until the 10% POS period is over so basically all they have done is increase the total number of coins and the block rewards indirectly. If you think it's anything more than that, you simply aren't very smart. Why am I still here? Because I'm also sick of seeing these junkcoin devs continue to make money off the stupidity of this community. If you were required to score over 75 on an IQ test in order to trade crypto, there wouldn't be a single supporter in the Yellowcoin thread. It's literally that stupid. Open your eyes people - you're embarrassing us.