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ELITE, USB and Other Scam Coins – Whos responsible ? How to Avoid other Dumps and Hidden Premines

Altcoin Scams in Last 30 Days
During last 30 days there were around 5 scam coins that made a lot of people loose over 400BTC total (!) and make them really mad.
The coin were made a bit different but had some common ground, all were added fast to Bittrex exchange / IPOminer pool and all had short PoW phase.
Some were with hidden premine [ie ELITE took down block explorer then put up premine and dumped it to the … Continue Reading