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GiveMeYourMoneyETH (creator keeps 10% of all coins)

• nickysielicki 6y ago
  https://cheapeth.org/whalegate.html https://cheapeth.org/whalegate.html It's a testnet. I think it's sad that the speculation around cryptocurrency has gotten to be so strong that a testnet project where you can play around with smart contracts, posted to a dev forum, is criticized on the merits of being something dumb to speculate on. No shit! That's kind of the point.
  • babyshake 6y ago
    There is far more than a zero percent chance that there ends up being a speculative mania over this cheapETH.
    • tgsovlerkhgsel 6y ago
      Most importantly, the authors are actively trying to trigger one.
  • tgsovlerkhgsel 6y ago
    From the linked site: "You'll also be able to buy cheapETH in the crowd sale, 1 ETH for 1000 cheapETH." That's not a testnet.
  • hitboxr 6y ago
    It's not just a testnet though, the creators of the fork are actively encouraging people to get the coin listed on exchanges (while keeping their 25m coin premine in a personal wallet). See: https://www.reddit.com/r/cheapETH/comments/lkzkso/george_hotz_who_wrote_the_geth_fork_to_create/gnqyg4t/ https://www.reddit.com/r/cheapETH/comments/lkzkso/george_hot...
    • hitboxr 6y ago
      addendum: I was on the fence about this project before and was willing to give the founders the benefit of the doubt, but after posting the above comment I was banned from the cheapETH discord and given the following explanation: https://i.imgur.com/Sor6TLi.png https://i.imgur.com/Sor6TLi.png The concept is a good idea in theory but the founders here are clearly completely incompetent. Steer well clear imo.