Monero Exit Scam

http://imgur.com/a/5cTil


Comments


[15 Points] IllSuckYourDickMan:

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?


[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:

https://www.reddit.com/r/DarkNetMarkets/comments/4zy0hn/so_about_this_monero_is_this_good_course_of_action/

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