It goes waaay beyond the Cryptsy Mods
backroom boys collaboration with iGotSpots making coins LOL
AMC aka:
AmericanCoinlook at when they added it (before i got there in mid-July 2013)
and then go look at the official AMC web site and notice when block rewards actually started paying out coins.
http://amccoin.comNote: it was premined too !
And i also remember it took me a long time last year to finally get a working download link for the wallet.
the links for it for many months on ANN topic last year here were dead !
and then to top it off it became a big deal trying to get the block chain updated.
i think i got like half way a few times in a month or two trying occasionally..
last year i would sort of go through the rounds looking for the
lowest network hash rate coins to mine.
and i could always see there was like one or two guys mining American Coin.. (avg hashrate 5 MH/s or less)
so because it was soooo low i kept trying over and over and many times i brought it up on Cryptsy chat last year
how it was impossible to get it synced and no one ever responded.. ignored.
then when i finally got it synced and i got a block or two and no coins i asked again.. and again.. ignored !
I thought it was a bit strange how this coin with such an obviously good coin name was 10000% ignored everywhere yet had a steady volume !
i could not find a single person anywhere that
ever replied back they even tried the coin.. mining or trading etc.
So WTF ?How did it get on there and how did it have volume all that time ? Who were these people buying and
SELLING ?
I knew damn well something fishy was going on and started watching permanently.
I also noticed how it was mega-ignored here at the forum since mid-last year too.
except for 1 or 2 times where some guy added a pool more recently.
I also mentioned this on Cryptsy chat and BitJohn popped up *of course..
and said prob about 2 months ago'ish..
"he didn't remember it was so long ago"in reference to
how and
why or
when it was added etc.. he just played dumb !
he muttered some insulting crack to me about me and my "conspiracies"
and tried to change the subject asap lol
In reality what happened is the coin only started paying out at
as it says on the official web site..
only block #14,000+ will award coins ( blocks rewarded so far).
and it took until 2014 for it to even reach that !
so ALL of last year every coin that was being traded on Cryptsy HAD TO BE premined coins !
and when i ask how it got there.. they go uhhh duhhh i dunno LOL
if that does not show that place is a fucking corrupt Joke what does ? seriously !
I'd love to see them try and worm their way out of that scammy stunt LOL
and i mean i could get over that if it wasn't for 100 million other deceptive stunts they have pulled non stop all along..
How does a
responsible and
professional Exchange add a coin that has
NO block reward ?
care to explain BitJohn ?
Edit:
I wonder does BigVern know what his employees are doing ?