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I only intended to comment on the altcoins that are known scams, but draw investors anyway. Imagine you started XorNotBux, announced you were planning to sell
by socillion 13y ago
I only intended to comment on the altcoins that are known scams, but draw investors anyway.
Imagine you started XorNotBux, announced you were planning to sell a billion of them in a few months, then inflated the price with a much smaller supply in circulation. Some people will buy this (and possibly profit) fully knowing that you plan to obliterate it in the near future.