Topic: How to create the illusion of 11million$ marketcap with only a 100k$ presale (Read 1771 times)

Apes be like: "what's the next big ico?"

Not to disagree with your ICO premise but alot of "good" POW coins many people absolutely lost their shirts on. I remember when Monero was selling for 5 dollars a coin in its early polo days and it plummeted to pennies over the course a few months, I remember when Darkcoin hit $20, now it's sitting at $8. Litecoin maxed out at what, $30-40 or so? Now it's $5.40.  Even Bitcoin went from $1,000 in late 2013 to $250 a year later.

I know I know, some people will say "well you should have been a better trader", but not everyone is a daytrader or checks their investments every 24 hours, some just want to buy something and forget about it for 6-12 months minimum and frankly so far in that regard most crypto projects are terrible investments. That's not to say they may not explode in value if you give them a few more years but so far most are easy ways to lose your wallet.


However I WILL say if the software is that damn good, no matter how crooked its origins it won't matter of it has a real world use case. People can whine about Bill Gates stealing DOS 40 years later but it didn't hurt Microsoft's stock in the long run. In the end that's just all soap opera babble, if something is that good it can change society or make other people money it will succeed.

Also one more comment on the POW thing, there's been a heck of alot more  "ninja launch" POW scam coins than ICOs over the past few years, the thing with ICOs is they generally are bigger marketcaps and more players so obviously more attention and more FUD gets on them. But i'm not going to cry for miners, there's been plenty of crappy cottage industry coins for them to mine and dump on noobs for years and I don't see it going away anytime soon.

That's a pretty good summary of what's going on with these icos.
POW is the only way to go.

We are just two random guys here who share some perspective.
I know nothing about gustav really.. and we have never really talked. (that i recall)
Believe it or not guys many of us share these views on ICO schemes.
They are just not healthy !

Didn't know my posts are cryptic. That's likely subjective and could have to do with either lack of knowledge or lack of IQ on your end.

Nope, not Spoetnik. But we share similar opinions on presale, that's correct.

How about you mind your own business instead of spamming this thread btw? I don't like you.

Judging from the strong affinity to post very long and often cryptic walls of texts, Gustav and Spoetnik could be related. Same family? Cousins?

We can only preach it and hope others start preaching it too.

Ultimately there will be a break in the scene between the money-whores who are after quick bucks and don't care and the ones who demand a transparent distribution and clean quality-coins with equal opportunity for everyone to profit.

@gustav
You mirrored my sentiments exactly.. well said !

The key to take notice of his comment is..
A more constructive & healthy direction in the scene will produce a larger profit (if that is what you care about)

You either support Crypto & profiting from it all..
or
You are here simply to profit from anything it any cost (even if it damages our potential)

The answer lies with each one of us 1 by 1
We all have to make a choice when no one is looking privately.
There will be an opportunity.. a temptation..
Does that little voice tell you ahh well.. if i only support a semi-scammy project for a *little* profit it will be ok ?
If so you need to rethink what your doing.
And remember each of our actions adds up.. we are pieces to the larger machine at work.
if we all do just *little* bit of sleazy greedy bullshit.. that means.. the majority is doing it !
When it gets to that point we have a nasty problem on our hands 

These people know full well they play a dirty game. There are even more loosers this way than normally.
Spinelss idiots seem not to understand there would be far more profits for everyone in a fair distribution.
Instead they prefer giving it to the scammers because the thrill of having it for 2 minutes and 30 seconds on an unreal price is aparently worth loosing it all. lol

Yeah, these icos bleed alts dry and there won't be much more left than a desert-landscape later. People playing icos like this take away their own future profits in other coins but their brains are too weak to understand all of this.  

Legit projects don't get enough funding on the other hand. Just imagine quality products would be made here! We would all have been rich a long time ago. Instead we're playing this idiotic game of musical chairs where the bank wins every time.

Later in a few years they cry when they can't find a legit altcoin to actually use and there won't be any real "alternatives".
Most people can think only 5 minutes into the future and also forget most things within the same timespan. So they live like fish in a 10-minute-world and keep buying ico time and time again without noticing in the end they weren't the only ones being ruined.

Seems to be like heroin or something.


Pfff, there is not even profit in icos compared to a good longterm pow-coin. But most people are too dumb to trade so they loose either way and it actually doesn't make any difference to them.
Man, i have seen so many accounts go silent after a dump ... there would be a lot more people here if the market was just a little more accomodating. It would be much more money for everyone in the end of the day because of a positive network effect, but nope, fast in, fast thrill, fast loss, fast out seems better aparently.

But that's also why i made the thread because most people seem to be unable to figure this out for themselves.
We can only hope people more and more wrap their head around this and will more and more stay away from these presales no matter who is offering them or for what product.

Presale doesn't only fuck over the investors, it fucks over the miners too. Think about it just for a second.

It's the death to all the legit projects if it keeps going for some time, it could end the alt-scene in the long run.
In the end of the day that's all you're getting anymore because why would anyone release a clean OS-coin when they can just have 100% premine and sell it to people with some hype and rinse/repeat ad absurdum.

Buy account
Create project
Open ICO escrow with some friend of escrow service or somethign like this
Close ico
Start your coin ready in 20%  let it for people to play with on exchanges
get your money from escrow
invest more in next project coin
buy a ferrari

@gustav

No one can tell me WHY they are ok with the worse option and not the other..
I keep asking and they just ignore me and spam on about ICO scheme coins.
..yammering away endlessly about "profits" 

Apparently talking about anything except Profits.. is FUD 

Yeah thats pretty much what all IPOs are doing. Bitbay has it even documented lol

from the other thread 'why premined coins are considered scams'


the man is correct

I'm white-hat if anything. This is information to educate investors so they can protect themselves from these scams.

I'm trading successfully. I don't need to scam. It also wouldn't make any sense for me to reveal this info if i would employ this myself, if you thought for a second. The more you try to make an issue the more you're suspicous yourself, just sayin'.

You don't have to justify yourself, gustav. You got pretty much caught in flagrante delicto.

You laid it on the line, so that's okay.

It's not rocket science. But you sound a bit sore. You alright? 

That question naturally comes to mind when somebody posts such a detailed guide that explains how to pull off such a scam scheme.

This person must have learned this somewhere.

lol. I didn't but maybe you?

edit: ah, i see, spamming referals ...

So you have done this before, gustav? How many times have you managed to pull off this money-grab scheme?

No, i did not. I buy my own ico with 1 million and the exchange will hand that one million back to me plus free coins. The 1 million is only tied up as long as the ico is running. I don't need to find a greater fool to get them back. There is absolutely no risk to myself.