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Topic: VOOT IS BIG SCAM!!! - page 2. (Read 7674 times)

full member
Activity: 126
Merit: 100
June 04, 2014, 06:22:29 PM
DON"T MINE COINS THAT HAVE PREMINE

Why? You are painting us all with the same brush. Just because VOOT appears to be a scam doesn't mean that all are. A premine is an acceptable practice. A dev could take a coin that was not premined and hammer down in the early days of mining with his farm, grab a few million and then flood the market. Over time the quality and reputation of the team will emerge, premined or not. For the record we have done a 1% premine of our new coin and approximately 91% of that premine will be given away. Premines are an excellent marketing tool.

Looking for ways to steal your premine there WAT? Taking notes I'm sure. I noticed your shitcoin has 9 hours between difficulty adjustments. So premine and instamine, really great shitcoin you plan to release.
member
Activity: 70
Merit: 10
I am a watable wat
June 04, 2014, 05:51:56 PM
A trusted developer has taken over the lead on this coin so it is not a scam. Coin is back and is strong. I have no vested interest in this coin but the community has taken over and all looks good for this coin.

https://bitcointalksearch.org/topic/vootcoin-is-not-a-scam-639057

why bother to save a scam coin? if the dev is decent, just do a clean coin by himself! I'd not be interested.


Because it is not a scam coin. Read the f'ing thread. You are jumping to conclusions. The original lead did run off with a premine and dumped it. The other devs coughed up 10 BTC to make up for the premine dump and turned it over to the community so a new lead could take over.

Coin price has rebounded.

Yes part of the team did scam but the rest of the team paid his theft back to the community.

Read man. Read. Coin is 100% legit.
hero member
Activity: 1526
Merit: 596
June 04, 2014, 05:47:53 PM
A trusted developer has taken over the lead on this coin so it is not a scam. Coin is back and is strong. I have no vested interest in this coin but the community has taken over and all looks good for this coin.

https://bitcointalksearch.org/topic/vootcoin-is-not-a-scam-639057

why bother to save a scam coin? if the dev is decent, just do a clean coin by himself! I'd not be interested.
member
Activity: 70
Merit: 10
I am a watable wat
June 04, 2014, 05:46:28 PM
A trusted developer has taken over the lead on this coin so it is not a scam. Coin is back and is strong. I have no vested interest in this coin but the community has taken over and all looks good for this coin.

https://bitcointalksearch.org/topic/vootcoin-is-not-a-scam-639057
full member
Activity: 126
Merit: 100
June 04, 2014, 05:39:36 PM
Well, if you want to stop the support of scamcoins, stop gathering like flies around every new currency, that is out on this forum. 99,9% are not going to last few months.

It is always mind boggling to me when folks come to established coin threads (whether it be blackcoin darkcoin what have you) and spam us by saying "check out this coin, blackcoin is already too high but the ROI on has 3000% potential!"

I understand the space is there because it's trading at like 300 sats - but it'll either be a scam like this or AsiaCoin or have trojans like dafuq or be a p&d (like bost/bank/yc/emc/fair/flutter/naut etc) that will leave a majority burned when they get dumped on and left holding bags.

I'm not saying more established coins means guaranteed profit and are open to whale manipulation, but having a solid dev, an enthusiastic community, lots of financial support and other things already built into the foundation of the coin definitely help. Plus the flip side to whales is investors with lots at stake that have the means to support it and aid in its success, which is easier to do than lots of people holding tiny amounts. I feel so much safer with long term investments (that have a higher probability for consistent growth) with a coin like black or even dark than the flavor of the day new alt that will chew you up and spit you out and leave you scratching your head.

At the very least invest smarter by doing your research, and always be on your toes.  
member
Activity: 70
Merit: 10
I am a watable wat
June 04, 2014, 05:25:20 PM
Scam? Not a scam! Scam! Not a scam?   Roll Eyes



https://bitcointalk.org/index.php?topic=639057.new#new





Look when this guy is continuing then we have one DEV that stole 10BTC, but maybe this dev can move it higher, so i bought a few coins Cheesy
Fact - 99.99% of all these stories of dev scamming / running away are inside jobs orchestrated by a single person.

You are stating it as fact. Facts require proof. Show us the proof.
member
Activity: 84
Merit: 10
June 04, 2014, 04:12:08 PM
Fact - 99.99% of all these stories of dev scamming / running away are inside jobs orchestrated by a single person.

trust, pure marketing manipulation... and human behind this profit from every step... only total sheep can now buy some voots...
newbie
Activity: 57
Merit: 0
June 04, 2014, 03:56:01 PM
liberty dev had done the same, same dev

whitecoin-->asiacoin-->summercoin(not sure about this)-->libertycoin--wild west--->voot--->?
How do u deduce that all of them are started by the same dev?

someone confirm me that at least 3 of those are from the same dev (dunno about voot)

I've asked the guy from Whitecoin and Voot is not from them, and honestly i'm pretty sure that he don't lie about it.

then it's asiacoin liberty and wild west, those three share the same dev

people need to wake up and reject those copy-paste coins. We should support only coins with nouvelty.
legendary
Activity: 1400
Merit: 1000
full member
Activity: 140
Merit: 100
June 04, 2014, 03:50:33 PM
#98
Scam? Not a scam! Scam! Not a scam?   Roll Eyes



https://bitcointalk.org/index.php?topic=639057.new#new





Look when this guy is continuing then we have one DEV that stole 10BTC, but maybe this dev can move it higher, so i bought a few coins Cheesy
Fact - 99.99% of all these stories of dev scamming / running away are inside jobs orchestrated by a single person.
legendary
Activity: 1120
Merit: 1000
June 04, 2014, 01:22:10 PM
#97
Scam? Not a scam! Scam! Not a scam?   Roll Eyes



https://bitcointalk.org/index.php?topic=639057.new#new





Look when this guy is continuing then we have one DEV that stole 10BTC, but maybe this dev can move it higher, so i bought a few coins Cheesy
member
Activity: 65
Merit: 10
June 04, 2014, 01:06:15 PM
#96
Scam? Not a scam! Scam! Not a scam?   Roll Eyes



https://bitcointalk.org/index.php?topic=639057.new#new



newbie
Activity: 42
Merit: 0
legendary
Activity: 1274
Merit: 1000
June 04, 2014, 12:35:54 PM
#94
some one overtake the coin. community take over. seems like the premine was dumped anyways.
sr. member
Activity: 254
Merit: 250
June 04, 2014, 12:29:36 PM
#93
I agree that VOOT is a big scam
member
Activity: 70
Merit: 10
I am a watable wat
June 04, 2014, 12:29:17 PM
#92
DON"T MINE COINS THAT HAVE PREMINE

Why? You are painting us all with the same brush. Just because VOOT appears to be a scam doesn't mean that all are. A premine is an acceptable practice. A dev could take a coin that was not premined and hammer down in the early days of mining with his farm, grab a few million and then flood the market. Over time the quality and reputation of the team will emerge, premined or not. For the record we have done a 1% premine of our new coin and approximately 91% of that premine will be given away. Premines are an excellent marketing tool.
member
Activity: 70
Merit: 10
I am a watable wat
June 04, 2014, 12:24:01 PM
#91
DON"T MINE COINS THAT HAVE PREMINE

This is a very stupid statement.... How will DEV pay for promotion? his own money or what. PREMINE IS A MUST!! But DEV need to use those premine wisely.

Premine should be held by escrow, released over time for continued support....

never trust devs to hold their own premine...... especially devs with 2 posts or less.

You can not paint all developers with the same brush. This is the 'Wild West' days of crypto. Sooner or later the smack will be laid down and there will be regulations up the wazoo for CryptoCoins. There are a lot of scammers in this world simply because of the anonymity of it. Crooks look at it as open season.
member
Activity: 70
Merit: 10
I am a watable wat
June 04, 2014, 12:20:21 PM
#90
For the people that didn't know it...as expected. Voot has blocked all the people that posted negative comments on their thread. When we asked for wallet then it was suddenly quiet. We need to stop sponsoring scam coins, this has to stop!!

So how many coins were people scammed out of?
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
June 04, 2014, 12:01:16 PM
#89
DON"T MINE COINS THAT HAVE PREMINE

This is a very stupid statement.... How will DEV pay for promotion? his own money or what. PREMINE IS A MUST!! But DEV need to use those premine wisely.

Premine should be held by escrow, released over time for continued support....

never trust devs to hold their own premine...... especially devs with 2 posts or less.
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