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It's how most of the crypto market fools people. Some guy clones bitcoin in his basement, increases the block size/rate (or something stupid like that to use a
by npoc 3y ago
It's how most of the crypto market fools people.
Some guy clones bitcoin in his basement, increases the block size/rate (or something stupid like that to use as a sales pitch), sticks a picture of a moon on it, pre-mines 99.99% and then the next day puts the remaining 0.01% on the market, it's bid up by his friends and bingo, "market cap" of $100B in 24hrs.