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RE: Coins to avoid list! Updated: 25.07.2017
I'd just like to point out, Syndicate is not a scam coin. Infact it was pump and dumped by some stupid group and some whales. The current community behind Syndicate is legit. The syndicate devs posted updates on bitcointalk yesterday. Please do not tarnish further what can be a good coin. https://bitcointalk.org/index.php?topic=1511215.msg15200527#msg15200527
Sry but devs that get active just in time with the PnD... Plz be aware that they have an interest in increasing the value. We had the same with CHC. Just after the PnD ..suddenly there are devs and suddenly they are replying and giving info... The whole cryto space has uncountable shit coins that only have a speculative value. And a dev that shows up only after a PnD is nothing that gives me trust in a coin. A solid software ( e.g. Brave browser) and a good concept( e.g. Stratis) are coins that I believe will have a value in 3 years from now. The rest..especially the "socalled" copycoins/forks are only for day/week trading ( I do this aswell) but not for a long term investment.
I will keep eye on it! If they will get it up then I will take out it from here. Still interesting why they came back now and where do they get cash to rebuild it all.
Fair enough bro.
I believe the lead dev had some family issues so had to give it up, and pretty much disappeared.
The "new" team is 5/6 people strong. I'm sure they will be revealing their identities soon.
In the mean time it's worth reading the new lead devs post on bitcointalk which he posted yesterday:
https://bitcointalk.org/index.php?topic=1511215.msg15200527#msg15200527