Come on, making an erc20 token of every known currency prefixed with letter "e" isn't funny anymore.
For worse you are trying to make money with this... Don't buy in these eXXX coin scams...
For worse you are trying to make money with this... Don't buy in these eXXX coin scams...
How is this a scam? We are going to list this on an exchange. It is going to be like a pump and dump where early investors make their money back. Sorry for being brutally honest but it's the truth.
Stage 1
You sell "investors" eBCSH in return for ETH
Stage 2 (provided that you don't just run away with the ETH)
You pay for an exchange listing and dump some more eBCSH
Stage 3 (provided you dont dump even more eBCSH for anyone who will buy it on the exchange for any price)
"Investors" sell their eBCSH for more than they bought it for (hopefully someone wants to buy it?)
Stage 4
Anyone with left over eBCSH is left holding the bag, including whoever paid for it on the exchange.
By your own admission, in your own words, you are planning a pump and dump.
Even if your original investors are lucky enough not to end up being the bag holders, the poor people who (might) buy eBSCH on the exchange are going to get dumped on by a useless coin and "scammed".
I appreciate that altcoins have a lot of risk for investors and everyone needs to be responsible for their own actions, however your plan to pump and dump your own coin is effectively a criminal act
We all just want too make a quick buck
. It's not illegalthis damn well should be.
