Topic: █=█ BoostCoin █=█ New team, new plans - page 32. (Read 299700 times)

Hi guys, any updates on the coin? I am looking to buy more but need to feel confident enough to invest..

I know, i've just reported him for the exact same PM he sent me this morning!

here is the message...

Especially when they're posting facts and valid points. There was an effective 6.5% premine here - that means anybody buying this piece of crap is going to lose money. The dev is lying about the premine by disguising it with POS but the dev ALSO receives POS. Everything about this is a blatant scam to steal money from Chinese people that are less informed. Pretty sad.

Thank you. it's difficult to totally ignore them sometimes

Hi jiangzuying
Why do you think we have chosen the wrong team in China? Can you explain it a bit more?
PM me if you need to.

Thanks

Price stability of this coin speaks for itself, so do not listen to the trolls.

There comes more and more suspicious.

I Consider the author choose the wrong team in China.

You have to consider it again.

You should contact the owner of BTC38.

So the big innovation was swapping in x13 for the brief POW period? And now that's over? Let me guess... dev has a bunch of GPUs and wanted to use them for the instamine? So the only innovation is something that is over and the dev premined nearly 7% of all of the coins that will ever exist. If you think this coin has potential, you're clueless. Seriously clueless. The premine is a fact - use your heads for more than just a hat rack guys. No coin with a nearly 7% premine will ever have value beyond a pump-and-dump. It's simple economics and if that isn't enough for you history has proven it time and time again. If you buy this coin you will lose money - it's really that simple. With so many coins out there that don't have 7% premines why would you choose this one? Because of some BS "innovation" that doesn't even matter?

+1
I was compensated when the Boost relanched and I'm following the thread since the beginning. I think this developer it one of the best developers seen at BCT.

+1 I say just ignore them... Let the development do the talking.

Not innovative?
BoostCoin was The First 'x13' PoW + PoS hybrid to exist. I added in the X13 Algo set into this coin and brought it to market as a niche, as an improvment...And i quote from Wikepedia "Innovation is about finding a better way of doing something.[1] Innovation can be viewed as the application of better solutions that meet new requirements,"
So i think the fact there have been so many x13 PoW+PoS copies since then, could point to a bit of innovation, right there, yep thats it, just there, yes its called innovation! I have and will always credited Marucoin for pioneering the X13 Algorithm, and if you want to keep mining X13 you should be doing so over there!

Developments
Besides all the usual stuff Like, Website, Block Explorer, Paper Wallet, Android Apps. As i've said for a while the focus in on China and helping them use applications like this more freely and to be able to access the rest of the world more freely. So that is where our development focus is at. The people who care about these developments know about what is happening, obviously your not on the Chinese forums or you would know!


Pre-mine,
You keep banging on about pre-mine. From the very start i have been completely open about the foundation wallet and where it is spent, you all have access to the foundation address, and the block explorer. The pre-mine has been used for bounties, compensation for the relaunch, there were alot of those. And now a lot is being used for PR and developments in China

If i was the crook you talk about, then why would i still be here? why is there still about 50% of the foundation left?, why didn't i just dump with all the miners when the price was at 30k Sat??  Yes that's right.. because i'm interested in the long term interest of this project!! I am a developer, that's what i do!

Unless you have an interest or financial stake, stop worrying yourself about BoostCoin, go back to BlackCoin and do whatever it is you do there. Although i do have to thank you for keeping this thread at the first page of the AltCoin ANN forum 

3 words pal: seven percent premine. No legitimate developer with a real, long-term plan premines (effectively) 7% of all of the coins that will ever exist and then lie to you by using blatant deception (the old classic POS deception trick!) and tell you it's 1%. This is one guy on his (n)teenth scamcoin. If you invest in this you're an idiot. NEARLY 7% PREMINE! WHY WOULD YOU LINE THIS CRIMINAL'S POCKETS? If cryptocurrency was regulated this guy would be in prison right now! Don't end up like all of the Yellowcoin bagholders I tried to warn. I BEGGED them to sell at 20x the current price but nooo - it was "going to the moon." Fools and their money are soon parted, I suppose. I just wonder how many times you have to be dropped on your head as a child to think a blatant scam with a 7% premine and a lying dev is a good investment. My guess is A LOT.

You are twisting my question. I am asking in the positive way as to what other functionality we can expect.

I have trust in Dev.

You nailed it - there is zero functionality here and by "direction" they mean they want a dumping ground (MintPal fits the bill nicely). You can't even tout the X13 POW as a feature because POW is over. It's dumping time! It's now a game of hot potato as soon as they buy their way onto MintPal. Anybody who thinks otherwise is a fool. Blackcoin is the only POW+POS coin that can be trusted. There was zero premine. Every single successor has been a scam as far as I know.

99% of new coins are scams and 99% of devs are con artists on their 20th scamcoin or more. It's ruining cryptocurrency. I remember the good old days when a coin dev would get laughed out of the forum for premining 0.5% - now people are premining 25% or more! This coin has a massive 6.25% (effective) premine. That is INSANE. No coin could survive that. As soon as this guy unloads he's gone. He probably has 10 more coins just like it. Stop supporting these criminals! It's destroying crypto because stupid people keep making these criminals rich by buying into their scams. I click on a coin, research it, and post my findings - it just so happens that almost every single time I find out it's a scam. If I prevent one single person from getting ripped off on this thing I'm happy. You wouldn't believe how many "thank you" messages I've been receiving about my campaign to expose Yellowcoin because I prevented a ton of people from buying in and getting screwed. I've also received my fair share of "I should have listened to you" messages asking for some basic advice. This is awesome - I'm happy to help. Honestly I just want to stop the crime and reduce the seediness of this whole thing because it's gotten completely out of hand. How many brief-POW then POS-only coins with massive premines can be created and still attract buyers? In the last month alone I could over 50 of them. Without fail we get page after page of "great coin!!" because the devs create an army of desperate idiots by paying them in scamcoins to vote on MintPal. This, in turn, creates individuals that continue to vote because they want to get more value out of the tiny fraction of coins they were given. Now there is an army of voters and supporters that are desperate and greedy and they keep bumping the thread with nonsense. These days, when you make a post in a thread, it's on page 2 in under 30 seconds. It's absolute insanity - just nonsense and idiots and scammers and pump-and-dumps. I'm sick of seeing all of this money funneled down the drain into the pockets of degenerate criminals instead of going into quality coins to help build value and the future of cryptocurrency. There is no value here! 10% of the coins were created instantly out of thin air - that makes them almost completely worthless. Just like the countless others like it nothing will ever come of it. This POS thing is insane. Liars, scammers, cheats and they keep getting away with it because desperate, greedy, or uninformed individuals keep buying into it. How many times do you guys have to get burned before you learn? Use your heads! If you don't know what you're doing guess what? You're going to lose money. I no none of you know what you're doing because if you did you wouldn't be investing in this piece of crap. Wow! It's racing up the voting list at MintPal! Really? That's the selling point? With every vote it's one step closer to death. This dev will unload and disappear. You look at my post history and try to use it against me but if you take a closer look you'll see I was right every single time. Take a look at Yellowcoin! Same scam as this. Stop supporting crime. There are good coins out there. This isn't one of them.

What functionality are they after? Access to western exchanges? what else?

Looking back through all your posts, you really don't have anything positive to say!
BoostCoin is now primarily a Chinese focused coin with some clear direction based on what their markets wants. Not influenced by you!

Seriously? Another coin that quickly moves to POS only insanely fast, has a dev that lies about the premine, and then people are bribed to aggressively vote it onto MintPal for a dump? Seriously? People are still buying into this crap? You do realize there are just a handful of people running this same scam over and over right? How are this many people interested in buying into a Ponzi scheme? All I needed to see was the "1%" premine of 400,515 coins to know this was a scam. There are 11.7 million total POW coins and the premined coins receive proof-of-stake just like all of the other POW coins. This means the second the dev gets his first stake, he officially premined more than 1%. The actual premine of 3.5% (400,515 coins) is significant - no coin will ever survive a premine of such massive proportions. The dev already had the advantage of jumping in and instamining and the 15 coin fee for the "foundation" - how hard has everyone in here hit their heads? Let me break this down for you:

Premine: 3.45%
"Foundation Fee": 2.8%
____________________
Effective premine: 6.25%

That means right out of the gates, the dev controls 6.25% of all coins that will ever be in circulation. Now, as per usual with this scam, the dev rents a ton of mining rigs to mine early while the difficulty is < 2. At this point, you have to assume the dev has over 10% of all of the coins for doing basically nothing (and that's assuming he shut down his mining operation as soon as the difficulty started climbing).

So now what? POW is done, nothing innovative will ever happen, and as soon as this thing hits MintPal we'll see 300 BTC in volume as the dev dumps 75% of his premine to a bunch of greedy idiots that will now lose their money.

Lather, rinse, repeat. By supporting this coin, you supported crime. This may not violate any official laws at this time but it is straight-up crime by all other standards. Robbing ignorant people in plain site? Why does everyone continue to let this happen?

Um, lost in translation?

Don't worry. The price will go up again soon!