There was a good guy. He had been trying hard to warn people here that VISACOIN IPO was scam.
Unfortunately, a lot of people didn't believe in him, and invested in the VISACOIN IPO.
Finally, they all lost money..
For this HKC case, it is not money.. It is the computer power that spent on minting.
How can people who aren't mining lose money?
The people mining are selling the coin.
I believe that many miners at my pool have qq.com addresses. You aren't influencing people in the way you think you are.
HongKongCoin is stable and did not use an IPO format. Nobody has been swindled. The launch was very, very smooth.
Most Altcoins that have been launched lately can say none of those things.