Note: Resteemit, upvote, comment to help others not to fall victims
Beware of scamcoins! Premine, instamine, hidden launch – those coins were created in “get rich quick” scheme in order to make money only by their creators and small group involved in instamine or premine.
Do not use these coins, let them fall into limbo. Using them it’s waste of your time and CPU/GPU power.
List of scamcoins – do not use:
PXC Phenixcoin: premined 1,000,000 coins
BTB Bitbar – premined by small group of coin creators
MNC Mincoin – started with no binaries and 25000% reward blocks
GLD Goldcoin – 2000% superblocks at start (3.2% instamine)
AMC Americancoin- premined with 6.5k-14k blocks giving zero reward
LKY LuckyCoin – superblocks at start, random superblocks
MEM MEMEcoin – premined, superblocks
ARG Argentum – premined
StableCoin – 1,200,000 premined
NUG Nuggets – premined
CDC Cloudcoin- 1,000,000 premined, random blocks
CENT Pennies – hidden launch
SYC Skycoin – premined
CL Copperlark – massively premined
NAN NanoTokens – premined
MST MasterCoin – premined
USC UScoin – premined
GIL – premined
RCH RichCoin – premined
XNC XenCoin – premined
REC RealCoin – premined
RED Recoin – 1,000,000 premined
ALF Alphacoin – premined
One Last Coin – premined
ORB Orbitcoin – 66% premined
NUC Nucoin – premined
Note: Resteemit, upvote, comment to help others not to fall victims
Can I also suggest adding bytecoin to the list. Some suspicious things associated with that coin.
Thanks. i will update it soon
Nice post. Good to see I'm not the only one that is thinking about this. There's a ton of scams out there, just do your proper research on every single coin you buy, even if There's a big buy opportunity. Besides coinmarketcap.com there is: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Go to: https://www.coincheckup.com/coins/Bytecoin#analysis To check Bytecoin Report