Thoughts on ReddCoin | Bitcointalksearch.org

trobin

full member

Activity: 177

Merit: 102

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Quote from: Elby on February 14, 2018, 03:11:21 PM

Sucks pretty much, was hyped because Mcafee said something positive about it (coin of the week), I am sure they paid Mcafee well for this hype.

No need for them to pay him. He loads up on a bunch of some coin and then shills it. All of his sheep like followers buy the coin without even considering if it's useful at all. Price goes up and he dumps his holding. He's just using his 'fame' to do exactly what pump and dump groups do.

Elby

member

Activity: 252

Merit: 10

Sucks pretty much, was hyped because Mcafee said something positive about it (coin of the week), I am sure they paid Mcafee well for this hype.

Jsu

newbie

Activity: 33

Merit: 0

Rekt'd

Soke

member

Activity: 101

Merit: 16

Quote from: Jsu on February 14, 2018, 01:41:37 PM

A friend of mine recently suggested getting into ReddCoin, what's everyone thoughts on this coin? What makes it appealing.

Sounds like your friend wants you to fill his sell orders.

trobin

full member

Activity: 177

Merit: 102

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My opinion on Redd is that it's never going to be adopted by any of the social media sites it aims to one day be adopted by. I feel that if any of the sites such as Facebook ever decide to adopt a cryptocurrency for micropayments then they will probably create their own. Redd mostly seems to be used for speculation and pump and dumps, its price was as low as 8 satoshi only a few months ago before it was pumped by McAfee. I think it will eventually slide back to those levels.

Jsu

newbie

Activity: 33

Merit: 0

Thanks for the info guys. I kind of got the same feeling; he feels like it's going to be adopted by facebook and ebay... but if it was I feel like they would need something special technology wise for that to happen. Cheers

jagdeepjd

sr. member

Activity: 700

Merit: 251

Quote from: Jsu on February 14, 2018, 01:41:37 PM

A friend of mine recently suggested getting into ReddCoin, what's everyone thoughts on this coin? What makes it appealing.

honestly, this coin is a pump n dump type of coin from the trading perspective I was holding it for quite a long time after getting it @80+ satoshis price when it was recently pumped by Mr John McAfee.

There are many other good projects I think you should look at them.

ps: It's my perspective do your own research.

Jsu

newbie

Activity: 33

Merit: 0

A friend of mine recently suggested getting into ReddCoin, what's everyone thoughts on this coin? What makes it appealing.

Topic: Thoughts on ReddCoin (Read 109 times)