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Topic: How many alt cryptocurrencies have been scams, pump-and-dump and are abandoned? (Read 1762 times)

hero member
Activity: 798
Merit: 1000
‘Try to be nice’
From what I have been reading on the forums some alternative cryptocurrencies have been designed purely to provide the early adopters or those pre-mining in secret with a high number of coins to facilitate pump-and-dump like selling.

Which alternative cryptocurrencies have had these characteristics?

What other approaches have been used by alternative cryptocurrency developers to facilitate pump-and-dump like mechanisms or other ways of making money fast?

Which alternative cryptocurrencies have been abandoned after pumping-and-dumping or similar activities?

What evidence is there to prove any of these?

Conversely it would seem the alternative cryptocurrencies with good development teams seem to live long and prosper. There are a few out there I have a lot of respect for.


don't want to harp - (because i don't have to ) - and this forum is ultimately a very small market..

but

nibble NBL was not a pre mine or an instamine - that is why i started to support it , and that's why it is going to be successful .
 

Litecoin's 1st 12,096 blocks produced 604,800 LTC - though GPU mining wasn't released to the general public (but that's not it wasn't used)
Feathercoin's 1st 12,096 blocks produced 2,419,200 FTC  <<<<< WTF ?
Nibble's 1st 12,096 blocks will produce 127,054 NBL  (of which the Dev holds about 3k present )



is it's symbol

and my advice is to mine it now or buy it now, but that's just my advice.  I have been wrong before - but not that often on this stuff.
hero member
Activity: 708
Merit: 500
Does anyone know what happened to chinacoin? Did it have a massive reward for the first set of blocks and then drop off sharply thereafter?

network hash dropped off severely, it's 40-50 days or something until difficulty change at current rate
hero member
Activity: 906
Merit: 1034
BTC: the beginning of stake-based public resources
Does anyone know what happened to chinacoin? Did it have a massive reward for the first set of blocks and then drop off sharply thereafter?
hero member
Activity: 708
Merit: 500
I think it's when after a few pages into the coin's thread, you come to realize whether these guys know what they're talking about or not
sr. member
Activity: 392
Merit: 250
All. Even bitcoin. The price has just not dropped yet ...
hero member
Activity: 906
Merit: 1034
BTC: the beginning of stake-based public resources
From what I have been reading on the forums some alternative cryptocurrencies have been designed purely to provide the early adopters or those pre-mining in secret with a high number of coins to facilitate pump-and-dump like selling.

Which alternative cryptocurrencies have had these characteristics?

What other approaches have been used by alternative cryptocurrency developers to facilitate pump-and-dump like mechanisms or other ways of making money fast?

Which alternative cryptocurrencies have been abandoned after pumping-and-dumping or similar activities?

What evidence is there to prove any of these?

Conversely it would seem the alternative cryptocurrencies with good development teams seem to live long and prosper. There are a few out there I have a lot of respect for.
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