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Topic: Possibility Of Scamcoins Indefinitely Working (Read 446 times)

hero member
Activity: 546
Merit: 500
When a coin has a launch that has had some actual money put behind it, it will shine amongst the steaming heap we have at the moment.

Some tips to stand out:

Redesign the wallet so it is different from the others. Not just a new icon and changing the coin name letter code.
Do some actual real world PR, at university campuses might be a starting point.
Send out t-shirts and other cool stuff to forum members.
Spend a few grand on branded stuff, hats, t-shirts, thongs, open a shop and sell the goods for your coin.
Create a press release and PAY to release it into the agencies.
Have a way for peeps to trade coins from day one, create your own exchange, again you will need to spend money.

You get the idea, spend some actual money!



hero member
Activity: 602
Merit: 500
risk vs reward
problem is that most scamcoins have 0 chance. hard to tell which one will be the lucky one.
sure, gambling. people do all the time
newbie
Activity: 56
Merit: 0
I just had an interesting thought. What if scamcoins work for an extremely long time (and by that I mean weekly pump and dumps working)? It is entirely conceivable that there is a nearly unlimited population of people that will dump hundreds or thousands of dollars into the very very small chance that it'll turn into millions. Bitcoin had about a 10,000x gain if you invested from nearly the beginning of exchanges. If we say a new coin has a 0.02% chance of becoming the next bitcoin and having the same 10,000x gain, the cost-benefit analysis still says dump all your money into it (assuming you are able to comfortably survive on what you don't invest, and a large fraction of the world population has lots of money they don't actually need).
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