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RE: PONZI COINS EXPOSED: Coins From The Darkside

in #bitcoin7 years ago

I hope this has given you enough so you know what to look for. Again do you own due diligence, ask multiple ppl who don't have a financial interested in the coin or trying to sell it to you, and the big on is it being traded on a reputable exchange like Polo or Bittrex, they screen coins and don't allow ponzi coins on their exchanges. Good luck Bruce.

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This is incorrect. There are a LOT of "shitcoins" on Poloniex, Bittrex, Cryptopia, etc. They cant screen all coins to determine whether they are ponzi coins or useless arse coins. So just because they are on the major public exchanges does NOT mean they are cool beans. As a matter of fact, if you look at the latest "shitcoins" posing as cutting edge in terms of product/services via shiny glossy marketing material, you will be floored. These guys raise $66million in 4 hours or $25million in 4 days blah blah blah. The whales and investors do their Pre-ICO/ICO PUMP dance and then immediately afterwards, they do their Post-ICO party toilet DUMP! Sorry boys and girls, we took your money. Thank you for your cooperation.