Attack of the 32,000 MNE Minereum Shitcoins

Attack of the 32,000 MNE Minereum Shitcoins

Heya cryptofans we love ya! The old coin base wallet just freaked us out by popping in thirty two thousand (three hundred bucks worth) of MNE, Minereum. 

Spidey sense tingling; we know it’s a scam somehow, but how?  Greed (always the key ingredient to being scammed) kicks in- they can’t take those back!  We’ll whip them to an exchange for a coin we like! 

Quick scan of publishox- no Minereum stories? Nothing new on Reddit crypto.  Checking coin gecko- seems real, hell yeah ?   allllll right !  

ah, wait- the market cap on the old Gecko is 40,000 USD.  Trading 300 a day in liquid volume.  So, we own almost one percent of the market cap? Yeaaahhhhhhhh right.  

ok here’s minereum in the news - used as bait in a scam where the scammer revealed his private keys to five grand of MNE stranded with no gas.   Greedy dupes sent ETH, tried to take the MNE, but a smart contract swiped their gas money but kept the MNE.  Which was an illusion anyway. 

Dig in to MNE: aha! We have been chosen as a Genesis node, which additionally somehow restricts our trading.  Which is not needed since MNE will only move around a hundred tokens at a time.  And our tokens must be activated, which entails becoming a level 3 eth node, which costs around .3eth (50€).  And even then then they only vest at about two a day.  Wait the market drove our MNE up to 325!  Which will only take FIFTY YEARS to vest!  

which leads to more questions. 1) where did the gecko get a price from, where the hell are these chitcoins liquid? A) only livecoin.  Oh my.   Livecoin is face planting on trustpilot, refusing payouts, some Monerum scandal.  That’s it, take these coins to market to the only place possible they won’t be looking for us or anything.  

question 2:  how the hell do we get this bag of chitcoins out of our wallet?  Is this a dusting attack?  

ahhh okay, the telegram chat clears it all up nicely.   Dear reader let me rephrase:  (or, question three:) who would like to purchase a wallet with 32,000 NME apparently in it, seemingly worth 318.24 USD right now?  No reasonable offer refused.  Hell we’ll throw in some SALT tokens.  Just kidding, We wouldn’t pass on that karma with a stick, but that’s the flavour of the chat room. 

and really now it’s time to sweep and chuck that wallet?  Serious question.  Who are these people who sent this out?  It costs them a dollar of gas money to do it? 

Thanks, love


Dave Sawyer
Dave Sawyer

National Merit got this punk rocker to Oberlin, and Wall Street fintech gave up world tours and an NYU MBA. I am a Bitcoin true believer. Bitcoin is deeply revolutionary in a way we always prayed tech would be. Keep the baby Faith!

Hi, I am Dave, and I just got hooked on crypto !
Hi, I am Dave, and I just got hooked on crypto !

After decades motorcycling in NYC to work on Fintech and play punk rock, I just woke up to Cryptocurrencies and fell in love like never before! Blogging for the hell of it while learning my way through this awesome, deeply revolutionary evolution in money. Join us while we laugh and flip off the central banks and their currency debasing governments! Stack sats to the Moon, Lambo, don't reck, FUD, FOMO, wild wild west, bless Satoshi!

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