Rimbit Altcoin - Another Bitcoin Copy Paste. Scam?
Rimbit markets itself as the Next Generation in Digital Currency. It tries to sell itself as unique in many ways. It describes itself as making unique and controversial changes to provide the user with best options available. It does indeed have some controversial changes and slightly unique addition. Though not as unique as you might think. The biggest difference is in the way Rimbit has eliminated the middleman that is the lifeblood of Bitcoin and Altcoins. It goes on to explain that essentially this means that the middleman has been eliminated. That the process of mining (the perceived....
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Newly launched cryptocurrency Rimbit recently entered trading with a whopping $5 million market cap. As we started investigating into this new altcoin, we came to know that it is a purely premined cryptocurrency launched after being "over-funded" by the Indiegogo Forever Funding pilot program. While the word "premining" itself means scam to most of us, Rimbit developer, using the first name Mark, thinks otherwise. To him, a cryptocurrency like Rimbit had to be premined so that no extra mining cost could affect its value in the future. As he stated in a supposedly self-published interview,....
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