Monero Exit Scam
[15 Points] IllSuckYourDickMan:
[14 Points] mdoe1039:
How is this an exit scam though? They just introduced a coin to a market with no pressing need for a Bitcoin competitor and few established ways for vendors to convert to cash. If anything, Monero sounds sincere and the opposite of a scam-it just hasn't caught on because it's not really needed.
[14 Points] mydarkidentity:
Just throwing this out there... If I was in the position to make a hunk of cash by manipulating the price of a crypto currency. Especially one which (let's be real) is exclusively used for DNM purchases. I would absolutely do it and I feel like a lot of us would. Just saying.
[11 Points] fireice_uk:
Somebody is sour that AB admins took his money. Pump'n'dump scam has nothing to do with a coin, or an exit scam. OP doesn't know what he is talking about.
[3 Points] noseybast:
Errrr what
[4 Points] Explodicle:
What kind of fool would trade Monero for Zcash? Monero doesn't require trust and can be audited.
I don't think Monero is a good investment right now, but at least it's fair.
[3 Points] MrWhoopass:
A pump and dump involving an alt-coin? Crazy! Absolutely unheard of!
[1 Points] comeplaydead:
Lots of people in this thread called it exactly what it was, it was pretty obvious what was going on.
[1 Points] teddybearortittybar:
I feel like this was obvious to anyone that has been participating in the crypto currency markets for any decent amount of time.
[1 Points] attilathehunn:
Here's some discussion from the last time this came up
Why I will not accept XMR (Monero) as a vendor...
PSA: Monero is easy to deanonymize in a handful of situations
Most of these arguments also apply to this new appcoin zcash.
[0 Points] young_k:
There were people who thought that the spike in monero was genuine? Wow.
[0 Points] freshlysquosed:
Alphabay announced way after sigaint showed interest, which is when I invested. This is why you're a broke ass and I'm not, OP.
[-1 Points] TarVendor:
Meanwhile I got downvoted to oblivion for suggesting people to go after Zcash if they wanted to make some profit. Sure maybe not a better coin but we where talking about profits. Got ridiculed, guess what, invested in 10x 6 GPU card rigs, got them running just one day before the launch and money is rolling in like I am fucking pablo since the launch.
[-3 Points] Dog3Way:
So..don't use monero.
[-8 Points] jack19056:
I had been warning about this shit from day one. A lot of people lost their money in this dump, and all they did was downvote me.
LOL
So basically, the Monero's worth went back to the level that it was right before AlphaBay announced that they were implementing it. Is that all I'm supposed to understand from this?