There are some issues with the wallet that need to be addressed, it takes longer to sync than the Bitcoin wallet with a fraction of the history. Bootstrapping causes crashes 2/3 times. It is not in a reliable state.
SMARTCASH IS A SCAM!!!!
So it got transferred finally in 3 hours. And guess what !!!!!!!!!!!!!!!!!!!!!!!
[1] they have resumed withdrawal NOW on cryptopia after 20 days, but suspended deposits on all the other exchanges (hitbtc, coinexchange etc.). So one can not exchange it with BTC or sell it.
[2] earlier they suspended all the coins with usual traders execpt for those owned by the developers. This created a fake demand supply gap, the price shot upto 3.4$ per coin. Developers got rid of their stocks became instant muliti-millionaires at the cost of common investors.
[3] Now wheever they open deposits on all the exchanges, the market is going to crash due to over supply, and SmartCash bastard developers dont care as they are already reach and have dumped their SmartCash at sky-high prices.
SMARTCASH IS A SCAM!!!!
Interesting..... You should know that I am owed over 100,000+ smart coins and the devs have taken from me. They have not addressed this issue. Only the hardworking volunteer viet is tryin to help but the devs are ignoring him also.
I was beginning to suspect the same myself tbh. The fact that this coin has such an absolute massive supply of coins and managed to hit over 3 dollars with such a short time being launched should be a obvious HUGE red flag. This coin does absolutely nothing new or innovative. It focuses so much on "rewarding the holders" that it has no real depth. Is the goal of this coin literally to generate more money to holders?? Makes no sense... Oooowee "smart hive" lol come on now.. It all seems really shady. The price surge happened due to exchanges locking up coins and deposits and what not causing people to FOMO buying overpriced coins (that the devs probably sold off) because the node calc says they'll "make $250" a day when in reality they'll be lucky to make 5 when the price corrects itself down to where it should be.
something does not add up.
I just finished the chart and basically dismantle a portion of many masternodes out there and I have a feeling that there is an over supply of smartcash coin.
take in consideration
Supply 5 billion with a B
POW how many rewards per block
How many blocks per minuter or hour
How many coins per masternodes
POS rewards
VOLUME and Exchanges
and many other things that I would like to share with you today but it is work that I consider to apply to my next investments.
here is to hoping that I am wrong.
I really like smartcash
Cheers.