Superior Coin To Go On CNBC! Still A Scam???

in #cryptocurrency7 years ago (edited)

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I've been in the crypto currency game for just over a year now where at the beginning there was no such thing as public ICOs. Well, there was, but only open to huge private investors who had a back door access to the CEOs developing the coins.

I have watched over time as this new craze has changed the way startup coins are launched in the industry and have noticed a trend forming along the way.

The first couple crowdsale attempts were made harmlessly and brought in capital to use for the development of the coins legitimately but then something began to happen. Starting with the Veritaseum coin, the small investors got smart and bought in, holding the asset only until the exchanges picked up the currency and then they dumped it for a huge profit leaving the startups with only their portion of the investment capital to develop the coins with.

As we have recently seen with the Tenx ICO, the very same thing happened and the coin dropped to a value under 1$ after rising during the influx to over 40$ a coin. The very same day that the token became available on the first exchange, the "investors" were salivating as they cashed out for a 40x gain leaving the poor development team with little more than they began with. This has raised some serious red flags over whether or not the whole thing was a set up to make some people rich overnight. Add that to the blatent scam coins successfully taking honest investments from innocent people and you have a situation where nobody trusts the legitimacy of new icos.

.....Enter Superior Coin.....

Superior Coin has been in the presale stage for the past few weeks and stands to have an official ico in under 2 weeks.

I have noticed a lot of misguided beliefs through comments made on posts when I mention it on how it seems shady, there's not enough information, it looks sketchy, seems like a scam etc.

What these people do not know is that during an interview with @andrewhawkes a couple weeks ago, CEO Michael Q Todd described in detail how there were failsafes built into the Superior Coin protocol that protects it from this type of investment skimming happening.

I have personally sat on facebook for about an hour chatting with Michael about The Superior Coin, working to understand it more and asking him questions about it to judge its authenticity and I can honestly say without a doubt that this thing is for real.

Dont believe me? It is now listed on icoAlert website and app.

You will also see an upcoming interview that Michael Q Todd will be attending with CNBC in the very near future!

Later this week a proper roadmap with targets will be released after the development team finishes the informational site.

Folks, contrary to some beliefs, this ico will actually be happening and from what I can tell, it is set to be a huge success and I for one, am investing into it to help perpetuate it.

Please do your own due diligence and look at everything before passing up this opportunity.

Cheers

Chris

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Superior coin taught me how to read!😃

its dead and buried

This coin is very similar to other coins who use the CryptoNote protocol, such as BCN (ByteCoin). I love these coins, let's see where this one goes, its interesting that they are doing an ICO to start things off, something new for CryptoNote coins. I don't buy ICO's at this point, in my opinion the cryptocurrency market is still to infantile. I'll keep it on my radar though. Much love. You've been spotted by #TheAlliance

Yea the ico thing is definitely a trend... I'm mining this one as we speak and making bank if it progresses and is successful!

Great post. 2750 already in the wallet. Got in at .034. Waiting to see. :)

You bought some?? Niice.. there is currently no way to access the ico buy in coins until the network and coin officially launches. The only coins free flowing are mined coins. That doesn't mean the ones on the crowdify site aren't valuable it'll just be harder to get off if you want to exchange for other assets

So basically I can't sell until they hit the exchange you mean?

On top of that getting them off the network maybe be similar to a power down on the steemit network to be able to send them. It's actually a good thing so huge investors can't tank the value of your holdings by pulling out on day 1

great post bro. very interesting

Thanks, I believe this one is going to be big!

Thanks for sharing as I am learning more about this everyday.

Now is the opportunity to invest into this one before it takes off too far! Check out my other post on how to get started if you're interested

Thanks will do!!

I saw something about that on one of my ICO channels. Just the name though, kind of sounds...pompous...I'm better than you na na na na na na na na na LOL! Not sure I'll support it.

Each to their own, the owner is actually a really humble anti government ex lawyer who is trying to get people out of "the system"

Always trying to help out where I can! This could be huge!