Sumcoin is likely to be the 3rd biggest coin in the world later on this year
#11
(15-04-2022, 04:07 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 04:03 AM)MasterFaggot Wrote:
(15-04-2022, 03:57 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 03:45 AM)MasterFaggot Wrote:
(15-04-2022, 03:38 AM)MysteriousWeeb420 Wrote: why does he have no presence on the internet? what is his academic background?

what groundbreaking technologies? ethereum 2.0 is a joke anyway

now it sounds like you are just shilling because the guy is your friend 

if the product is released and has a marketcap of $84 billion why the fuck is there zero information about it anywhere on the internet apart from some shitty scuffed ass website that doesn't explain anything

Who says I'm shilling anything? Try to acquire sumcoin and tell me how that goes. It's actually a pretty difficult coin to acquire. I've sold coins to several different lookism members before and during the shutdown period. One of which invested quite a lot by paying a legit 90%+ discount.

A lot of people don't understand much about crypto and get really defensive when I try to talk about sumcoin. sumcoin isn't a meme coin like doge mother or BabyElon or some shit tier coin that is strictly based off of momentum. The usecase for sumcoin is actually quite strong - it's the world's only index coin that exists that tracks the top 100 cryptocurrencies by market cap size. Nobody else has managed to make an index coin because it's quite complicated and Ty Jacobsen has already copyrighted the algorithms to the indexing formulas. Someone can make a slightly altered copy of the indexing algorithms, but Ty would give this person a lot of trouble. Saying Sumcoin "isn't worth anything" is like saying the Nasdaq, Dow Jones, and the S&P500 is worthless. 

Quite a number of billionaires and ultra high net worth individuals have purchased Sumcoin at a discount in the past. The coin is no longer minable in a profitable manner. Does Bitcoin have an official website? Sumcoin is a currency, not a business or a company. That's what most people don't understand.
copyrighted algorithm and no whitepaper  :dodgy:

making an algorithmic stablecoin is already insanely difficult and an index is even more ambitious. what is this ty jacobsen guys academic background? even the smartest people in the crypto space wouldn't be able to do this shit. I have zero faith ngl

He's just an incredibly high iq mega talented programmer who was self taught. The indexing algorithms have already BEEN finished. Download a SliceWallet and you'll be able to see the index rate that tracks the top 100 cryptos. It was as high as $1,385 back when btc was $69,000 a coin. Now it is at $845. 

Zero faith? Who gives a shit? There's millions of people around the world who own Sumcoin. Changpeng Zhao, the 14th richest man in the world and owner of Binance said himself that he loves the idea of sumcoin and how it is an index coin, and said he would gladly list the coin on coinmarketcap, which he owns, as the 3rd biggest coin in the world. Most Blockchain developers are just in it for the money, and don't care about developing new technologies. Most crypto investors just want to hop in on the newest meme coin or get into some altcoin which is totally pointless because stocks provide a similar return already. The smart people mined sumcoin back in its early days. The fact that you have zero faith doesn't matter because you don't own any nor will you be able to acquire a significant amount of it anytime soon.
sounds very unlikely

if it has all been finished why is it a seemingly dead coin no one has ever heard of?

source where cz says this?

The developers want it to seem like a seemingly dead coin at the moment for certain reasons. I'm not divulging that info. 

The developers and those close to them know about the CZ phone conversations.

What most people don't realize is that it's actually pretty easy to get any coin, index or not, listed at an exchange. Even a tier 1 exchange. All you need to do is bring the coin's dev team with you, pay the listing fees, and pretty much bribe the exchange owner with a decent amount of your coin. The only thing that gives cryptos true liquid value is what the centralized exchange owners allow on their centralized exchanges and what they won't allow. Since all exchanges are a business and only care about making money, they don't care what coin is listed, as long as they get paid well. It is totally legal to negotiate coins as incentive for getting listed on an exchange. Guess who has a fuckton of sumcoins? That's right, the sumcoin developers. For stocks, this would not be legal.

Sumcoin is currently on the STEX exchange so the dev team is familiar with how to program the indexing algorithm into the exchange.
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RE: Sumcoin is likely to be the 3rd biggest coin in the world later on this year - by MasterFaggot - 15-04-2022, 04:13 AM

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