RE: RE: ChainCoin - 'investors' beware
You are viewing a single comment's thread from:

RE: ChainCoin - 'investors' beware

RE: ChainCoin - 'investors' beware

Hi cryptotrendz,

What I think you've done here is taking a past event (the pump-and-dump stock), point to ChainCoin, and say that it will end up like that stock. Ok, but why? Unless you explain why, this ends up being a false equivalence based on rate of growth...

The only reasoning you gave is the 50%+ supply holding by HighOnCoins, and that by itself is not a good enough reason to make such a bold claim about ChainCoin.

I really do not care about ChainCoin whatsoever, nor am I claiming that this is or isn't a pump-and-dump, but I'm very interested in cryptocurrencies. With cryptocurrencies' rate of growth and decentralization, there will be no doubt in the presence of several pump-and-dump schemes, but such a simplistic comparison to the stock market and how it works might just cause us to classify any cryptocurrency that witnesses major growth as a pump-and-dump.

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now