Here is a list of scamcoins for everyone to see:
http://altcoinherald.com/altcoin-launch-calendar/
Topic: [ANN][CNL] ConcealCoin | No Premine | 24 hours POW! LAUNCHED! BITTREX! - page 28. (Read 97906 times)
July 20, 2014, 01:26:08 PM
July 20, 2014, 01:05:13 PM
i dont get it , if this was a scam the dev would have been hyping the shit out of this coin all day long , if it was real he would say something
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
This is sort of an interesting one. The pattern doesn't make much sense unless the dev is buying up coins himself. It's basically equivalent to a pre-mine/instamine, but all he has to do is be silent. That pattern of course has occurred with other coins too, quite often right after a pump. It's advantageous to lower the price of a coin to buy back in cheap, and all he has to do is post something... anything... and it's like double profits.
It could alternatively be just a scam, coin pumps, dev cashes out, and walks away. But as stated many times here, it was hardly an optimal way to go in this case. The pattern didn't really fit.
So I would guess the former, but who knows really.
As for the multiple exchanges adding some validity to the coin by simply adding it so quickly ... we'd like to think that is the case, and should be the case, but we can't be 100% certain. Cryptsy also added Via + Apex, so maybe exchanges are seeing Bittrex eat up their profits and plan to add coins faster now. Only they can say.
July 20, 2014, 12:59:25 PM
A lot of resistance from shaky hands.
July 20, 2014, 12:54:47 PM
Concealcoin is 100% scam.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
cryptsy or polo had like no vloume over all of this if any exchange did this then bittrex , however they wouldnt want to ruin their reputation over this as exchange no1 , as sad before it doesnt add up
Cryptsy was the first exchange to add it, most likely in the hope that all the volume would go to them. Either way, I still believe that this is a exchange created coin to generate volume so that they can make money from fees, nothing more. Its a scam and if I am correct, you can expect criminal investigations, as these exchanges are based in the US.
nope, c-cex added it before crapsy
July 20, 2014, 12:48:19 PM
July 20, 2014, 12:48:18 PM
Concealcoin is 100% scam.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
Amen. No one wants the government involved in Crypto, but shitsticks like BitTrex with their scam ICOs and outright fraud like this dog turd are going to cause it. There *are* laws against this kind of stuff, the government just hasn't figured out how Crypto fits into it all yet. Given enough complaints about the outright fraud though and FINRA will be paying them a visit and figuring out how to regulate them. Once that happens it will be good for investors and the end of scam exchanges like BitTrex.
Can't happen soon enough in my opinion.
I am guessing there are some Russian Mafia types enjoying our BTCs on hookers and vodka today, too bad there aren't any 1940s era Germans around to put these Slav dogs in their place again.
July 20, 2014, 12:38:11 PM
Cryptsy was the first exchange to add it, most likely in the hope that all the volume would go to them. Either way, I still believe that this is a exchange created coin to generate volume so that they can make money from fees, nothing more. Its a scam and if I am correct, you can expect criminal investigations, as these exchanges are based in the US.
Who knows what the hell is going on... cool conspiacy theory though, bro. All this is based off the dev being incommunicado since launch. Ya, it looks bad.. ya, it likely **is** bad. But, it could also just be a number of other mundane explanations. Or even something totally off the wall... maybe he got hit by a fucking car. Who the fuck knows. In the meantime lets keep spinning tails of intrigue and wonder.
July 20, 2014, 12:37:15 PM
Concealcoin is 100% scam.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
cryptsy or polo had like no vloume over all of this if any exchange did this then bittrex , however they wouldnt want to ruin their reputation over this as exchange no1 , as sad before it doesnt add up
Cryptsy was the first exchange to add it, most likely in the hope that all the volume would go to them. Either way, I still believe that this is a exchange created coin to generate volume so that they can make money from fees, nothing more. Its a scam and if I am correct, you can expect criminal investigations, as these exchanges are based in the US.
If this is the case...I'm not in the US. Then wouldn't it be logical to get some department to pry some information out. In essence they will start on Monday. Then in a few days I assume they will publicly publish the results. Again, not my country so I don't know full details.
July 20, 2014, 12:36:28 PM
Just wondering why you guys blame exchanges. The just react to market demand. If they see 200-400 GH/s hashrate they see business potential and add the coin. Have you looked through the coin list on any given exchange? At least 25% crap or forgotten ones
July 20, 2014, 12:33:19 PM
why so much people buy this coin on bittrex atm?
look @ the market history
here nothing fit together
look @ the market history
here nothing fit together
They know something you don't
July 20, 2014, 12:31:58 PM
Concealcoin is 100% scam.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
cryptsy or polo had like no vloume over all of this if any exchange did this then bittrex , however they wouldnt want to ruin their reputation over this as exchange no1 , as sad before it doesnt add up
Cryptsy was the first exchange to add it, most likely in the hope that all the volume would go to them. Either way, I still believe that this is a exchange created coin to generate volume so that they can make money from fees, nothing more. Its a scam and if I am correct, you can expect criminal investigations, as these exchanges are based in the US.
July 20, 2014, 12:30:07 PM
Concealcoin is 100% scam.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
The river of shit never stops flowing. Is your boat leaking ? How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
July 20, 2014, 12:29:58 PM
why so much people buy this coin on bittrex atm?
look @ the market history
here nothing fit together
look @ the market history
here nothing fit together
July 20, 2014, 12:29:22 PM
Concealcoin is 100% scam.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
cryptsy or polo had like no vloume over all of this if any exchange did this then bittrex , however they wouldnt want to ruin their reputation over this as exchange no1 , as sad before it doesnt add up
July 20, 2014, 12:27:39 PM
i dont get it , if this was a scam the dev would have been hyping the shit out of this coin all day long , if it was real he would say something
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
I think the same + Cryptsy add this coin directly after launch, never see this before, they must knew the dev of this coin.
I still cant imagine this is a scam
coin is 2 days old
no premine
dev dont hype this coin
cryptsy add it
it does not fit together
That's the problem...It's 4 different puzzles that need to be made into 1
July 20, 2014, 12:26:56 PM
Concealcoin is 100% scam.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
How does Cryptsy add a coin so quick, when other coins have paid votes plus regular votes and haven't been added on. My guess is that one of their cronies created the coin, with a short PoW + whitepaper to create panic trading and hype and a rush on the exchanges to trade the coin.
Then Bittrex/Polo hop on the scam train and list this giant turd.
24HR PoW + Whitepaper scam = hype and huge exchange trading volume. Plain and simple.
These exchanges need to be careful. I know Bittrex and Cryptsy and US Based so if they are complicit to this scam then they can be shut down.
People are asking why the dev would scam if they didn't premine. Well, they don't need to premine if the scammer owns an exchange and makes money from the fees.
If Cryptsy is behind this scam then I am dumping all my shares.
July 20, 2014, 12:26:14 PM
i dont get it , if this was a scam the dev would have been hyping the shit out of this coin all day long , if it was real he would say something
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
I think the same + Cryptsy add this coin directly after launch, never see this before, they must knew the dev of this coin.
I still cant imagine this is a scam
coin is 2 days old
no premine
dev dont hype this coin
700 BTC Volume after launch (only on bittrex)
cryptsy add it
it does not fit together
July 20, 2014, 12:24:28 PM
it's called concealcoin for a reason
July 20, 2014, 12:19:22 PM
i dont get it , if this was a scam the dev would have been hyping the shit out of this coin all day long , if it was real he would say something
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
i think either the dev is asleep because he has been working hard to get this coin out , he tries to accumulate or he doesnt have a possibility to get online due to some real life problems
July 20, 2014, 12:18:08 PM
I know the guy.
His name is Keyser Söze.
http://fc06.deviantart.net/fs71/i/2010/129/0/1/Keyser_Soze_Stamp_by_kevin_is_dead.jpg
His name is Keyser Söze.
http://fc06.deviantart.net/fs71/i/2010/129/0/1/Keyser_Soze_Stamp_by_kevin_is_dead.jpg
Jump to: