Topic: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr - page 115. (Read 181805 times)

At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.

 

At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.

 

At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.

 

There is a bit of a that as well. All I am saying is when devs create these coins they need to configure the reward so there is not millions of coins flooding the market at once. So when there is dumping it is minimal and doesn't drive the price down into oblivion.