Thank heavens you posted this. I was just browsing the FirstCoin website and thought I had been sucked into an alternate reality. The website is so bad, the coin is so bad, and it's such an obvious scam that .. how the HECK did it make it so high in market cap?
109.9/110 M PREMINE? ARE PEOPLE KIDDING?
100,000 coins split between ALL consumers? No wonder the price is going up.. jeez.
I don't understand how people can't figure out that it's a scam, this is very sad
The logical explanation for it is that some people aren't even trying to be smart, they just think they can spend a few bucks and be rich. It really is a shame.