Do not waste your time mining this -- this crew has been pulling the same crap over and over. I'll keep my cool as long as it stays off Cryptsy...but if it hits Cryptsy I'm officially done with altcoins.
That's not to say you cannot profit from mining SAV -- if it hits Cryptsy and you get in right away on the pump-and-dump you can definitely turn a profit. However, your time is better spent mining a legitimate coin for a (virtually) guaranteed return. I assure you that the dev will abandon SAV as soon as they can dump their coins at peak market value.
Follow the ELP thread -- you will notice virtually identical posts from the same people and/or people with the same grammar as you see here. They will run their scam regardless...but that doesn't mean anybody has to fall for it. You will also notice that the ELP thread (
https://bitcointalk.org/index.php?topic=256501.300 ) becomes completely abandoned and the daily nonsense posts stop as soon as it hits Cryptsy -- that's because everyone in on the scam dumped and no longer gave a crap about it. This is the first time since ELP launched that the thread has gone a week without a post. Check out the last time the dev, "thisnewcoin," logged in -- September 12th.
I'm tired of watching the altcoin market slowly go down the toilet due to these crap coins. It's approaching the level of the Nigerian money order Email/Craigslist scams. Of course these guys are violently defending it because they would rather screw people over than properly launch and maintain an innovative currency and/or get a job.
These coins have no services, the same bogus supporters, zero innovation -- copy/paste coins designed for dumping and they just keep churning them out. Eventually, now that general people no longer profit off these new crap coins, the scam should kill itself off. In the meantime spend your computing power mining legitimate currencies with a future backed by talented teams, services, and roadmaps such as LTC, CGB, MΣC, or even FTC. There are others as well, of course, but this is certainly not one of them.
There should be an unrelated bump about how "smooth" and "consistent" SAV is and/or an angry rebuttal urging everyone to ignore me, complete with poor grammar, right around the corner. It's impossible to argue against facts so they would prefer that nobody sees my posts.
I'm sorry if I sound like a broken record -- I feel like a broken record. It's just that the same scam is being repeated over and over and I'm trying to inform everybody.
