Sumcoin is likely to be the 3rd biggest coin in the world later on this year
#1
$84 billion market cap, which would make it 3rd largest underneath Ethereum and Bitcoin.

Over 32 million wallets downloaded since April 2019

Cage2
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#2
never heard of it which is fishy

no whitepaper and team isn't doxxed? also selling t-shirts and mugs before product release?

???

something is off lol
Reply
#3
Thats a cool story little guy. No amount of fake coins will ever make you Chad.
Reply
#4
(15-04-2022, 03:19 AM)MysteriousWeeb420 Wrote: never heard of it which is fishy

no whitepaper and team isn't doxxed? also selling t-shirts and mugs before product release?

???

something is off lol

It does have a white paper. Ty Jacobsen is the developer which is easily googled.

Also there's a publicly traded company on the stock market called BMCS Sumcoin Index. I talk to the CEO every now and then. The coin is not yet on any centralized exchanges, but that will change eventually. Sumcoin is almost finished with building some groundbreaking technologies which will be huge news in the crypto community - possibly bigger than Ethereum's merge. I have all the inside info because I'm friends with one of the developers
Reply
#5
(15-04-2022, 03:19 AM)MysteriousWeeb420 Wrote: never heard of it which is fishy

no whitepaper and team isn't doxxed? also selling t-shirts and mugs before product release?

???

something is off lol

The product is released. It's been out since April 2019 and about 7000-8000 transactions take place per day on average.

Transaction info can be found on suminsight.com
Reply
#6
(15-04-2022, 03:28 AM)MasterFaggot Wrote:
(15-04-2022, 03:19 AM)MysteriousWeeb420 Wrote: never heard of it which is fishy

no whitepaper and team isn't doxxed? also selling t-shirts and mugs before product release?

???

something is off lol

It does have a white paper. Ty Jacobsen is the developer which is easily googled.

Also there's a publicly traded company on the stock market called BMCS Sumcoin Index. I talk to the CEO every now and then. The coin is not yet on any centralized exchanges, but that will change eventually. Sumcoin is almost finished with building some groundbreaking technologies which will be huge news in the crypto community - possibly bigger than Ethereum's merge. I have all the inside info because I'm friends with one of the developers
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

why has it taken three years to list on exchanges?
Reply
#7
(15-04-2022, 03:38 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 03:28 AM)MasterFaggot Wrote:
(15-04-2022, 03:19 AM)MysteriousWeeb420 Wrote: never heard of it which is fishy

no whitepaper and team isn't doxxed? also selling t-shirts and mugs before product release?

???

something is off lol

It does have a white paper. Ty Jacobsen is the developer which is easily googled.

Also there's a publicly traded company on the stock market called BMCS Sumcoin Index. I talk to the CEO every now and then. The coin is not yet on any centralized exchanges, but that will change eventually. Sumcoin is almost finished with building some groundbreaking technologies which will be huge news in the crypto community - possibly bigger than Ethereum's merge. I have all the inside info because I'm friends with one of the developers
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.
Reply
#8
(15-04-2022, 03:45 AM)MasterFaggot Wrote:
(15-04-2022, 03:38 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 03:28 AM)MasterFaggot Wrote:
(15-04-2022, 03:19 AM)MysteriousWeeb420 Wrote: never heard of it which is fishy

no whitepaper and team isn't doxxed? also selling t-shirts and mugs before product release?

???

something is off lol

It does have a white paper. Ty Jacobsen is the developer which is easily googled.

Also there's a publicly traded company on the stock market called BMCS Sumcoin Index. I talk to the CEO every now and then. The coin is not yet on any centralized exchanges, but that will change eventually. Sumcoin is almost finished with building some groundbreaking technologies which will be huge news in the crypto community - possibly bigger than Ethereum's merge. I have all the inside info because I'm friends with one of the developers
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
Reply
#9
(15-04-2022, 03:57 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 03:45 AM)MasterFaggot Wrote:
(15-04-2022, 03:38 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 03:28 AM)MasterFaggot Wrote:
(15-04-2022, 03:19 AM)MysteriousWeeb420 Wrote: never heard of it which is fishy

no whitepaper and team isn't doxxed? also selling t-shirts and mugs before product release?

???

something is off lol

It does have a white paper. Ty Jacobsen is the developer which is easily googled.

Also there's a publicly traded company on the stock market called BMCS Sumcoin Index. I talk to the CEO every now and then. The coin is not yet on any centralized exchanges, but that will change eventually. Sumcoin is almost finished with building some groundbreaking technologies which will be huge news in the crypto community - possibly bigger than Ethereum's merge. I have all the inside info because I'm friends with one of the developers
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.
Reply
#10
(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:
(15-04-2022, 03:28 AM)MasterFaggot Wrote: It does have a white paper. Ty Jacobsen is the developer which is easily googled.

Also there's a publicly traded company on the stock market called BMCS Sumcoin Index. I talk to the CEO every now and then. The coin is not yet on any centralized exchanges, but that will change eventually. Sumcoin is almost finished with building some groundbreaking technologies which will be huge news in the crypto community - possibly bigger than Ethereum's merge. I have all the inside info because I'm friends with one of the developers
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?
Reply
#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.
Reply
#12
(15-04-2022, 04:13 AM)MasterFaggot Wrote:
(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: 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.
so not only are the fundamentals extremely questionable (no whitepaper, non-public algorithm, unknown academic backgrounds) but the dev team are also morally questionable 

lol
Reply
#13
(15-04-2022, 04:21 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 04:13 AM)MasterFaggot Wrote:
(15-04-2022, 04:07 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 04:03 AM)MasterFaggot Wrote:
(15-04-2022, 03:57 AM)MysteriousWeeb420 Wrote: 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.
so not only are the fundamentals extremely questionable (no whitepaper, non-public algorithm, unknown academic backgrounds) but the dev team are also morally questionable 

lol


People have traded sumcoin for Tesla's, houses, cars, even a small California town. What does a person's academic background have to do with a coin? Nobody even knows who Satoshi Nakamoto is. White paper? Who gives a shit? Morally questionable? Gtfo tbh
Reply
#14
(15-04-2022, 04:23 AM)MasterFaggot Wrote:
(15-04-2022, 04:21 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 04:13 AM)MasterFaggot Wrote:
(15-04-2022, 04:07 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 04:03 AM)MasterFaggot Wrote: 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.
so not only are the fundamentals extremely questionable (no whitepaper, non-public algorithm, unknown academic backgrounds) but the dev team are also morally questionable 

lol


People have traded sumcoin for Tesla's, houses, cars, even a small California town. What does a person's academic background have to do with a coin? Nobody even knows who Satoshi Nakamoto is. White paper? Who gives a shit? Morally questionable? Gtfo tbh

trust me academic background is very important. it determines whether a coin actually works or not. if it is copy pasted garbage or something original and innovative. 

satoshi didn't need any of that because bitcoin is open-source obviously
Reply
#15
(15-04-2022, 04:29 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 04:23 AM)MasterFaggot Wrote:
(15-04-2022, 04:21 AM)MysteriousWeeb420 Wrote:
(15-04-2022, 04:13 AM)MasterFaggot Wrote:
(15-04-2022, 04:07 AM)MysteriousWeeb420 Wrote: 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.
so not only are the fundamentals extremely questionable (no whitepaper, non-public algorithm, unknown academic backgrounds) but the dev team are also morally questionable 

lol


People have traded sumcoin for Tesla's, houses, cars, even a small California town. What does a person's academic background have to do with a coin? Nobody even knows who Satoshi Nakamoto is. White paper? Who gives a shit? Morally questionable? Gtfo tbh

trust me academic background is very important. it determines whether a coin actually works or not. if it is copy pasted garbage or something original and innovative. 

satoshi didn't need any of that because bitcoin is open-source obviously

Why is it important when:

-All that's necessary to get on to an exchange is to pay the exchange owner, which STEX has already facilitated.

-Ty Jacobsen is friend with the CEO of Coinbase, Brian Armstrong

-Ty Jacobsen worked with Charlie Lee, the inventor of Litecoin, which you can verify in the main sumcoin press release

-Millions of people already own Sumcoin, with several thousands of transactions taking place per day? There was even a point in time when sumcoin transactions exceeded those of Bitcoin on a day to day basis

Getting onto an exchange isn't like going to a job interview where youre required to have an academic resume.

What coins have you created? What do you own? Screenshots?
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