3 ms·
If you dive into the crypto world. There's a ton of cons that promise the world just to bump up the cost. A quick way to make a buck was to look at the dates f
by tamrix 6y ago
If you dive into the crypto world. There's a ton of cons that promise the world just to bump up the cost.
A quick way to make a buck was to look at the dates for crypto roadmap announcement, launch or white paper. Buy crypto a week before, then sell a day before the announcement before everyone else buys in.
This become so popular many coins where created just for this purpose. They would claim the world as the next bitcoin. Then after the announcement, seized to exist.
That brings us to this post. They're using Haskell as the 'new tech' to pump and dump coins.
There's so many scam coins out there. It really shows you how stupid the whole thing is.
- jki275 6y agoI don’t agree with your characterization- anyone who thinks iohk is a pump and dump is woefully misinformed. Cardano may or may not be the way of the future for who knows what, but the amount of academic work put into it really doesn’t support calling it a pump and dump.