Could this be the most useless coin ever?
Meet UET, the Useless Ethereum Token.
With a circulating supply of around 4 million, this coin trades for 4 cents a piece.
This token markets itself as being completely useless, but people still buy it just to ironically own some. The initial crowd sale raised over $60,000 even though the founder clearly stated that it was a useless token and he would be pocketing any proceeds for himself.
Even the founder himself was dumbstruck that anyone would purchase such a useless coin.
Six months later, this token is still being traded:
Where did all the money go? Was it used to create decentralized blockchain solutions using chainblock technology or some other generic white paper buzzwords?
No. He bought TVs with it.
Hahahahhaha What a guy! Legend!
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You got a 16.67% upvote from @bid4joy courtesy of @actuary!
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Well, if the creators' being totally honest about his coin having absoloutely on him, then hats off to them for making free money.
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the hype is real resteemed!
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the vincentb effect
upvoted, commented and followed
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the vincentb effect
upvoted, commented and followed
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Would have been really cool if he setup a fund of some kind to donate the money to charity. Or at least some of the money. I understand that this symbolizes the greed of some people in Crypto though so ...
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You got a 14.96% upvote from @steembloggers courtesy of @actuary!
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Sneaky Ninja Attack! You have been defended with a 1.21% vote... I was summoned by @actuary! I have done their bidding and now I will vanish...Whoosh
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You got a 27.76% upvote from @allaz courtesy of @actuary!
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You got a 9.09% upvote from @upyou thanks to @actuary!
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This post has received gratitude of 1.42 % from @appreciator thanks to: @actuary.
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This post has received a 7.57 % upvote from @boomerang thanks to: @actuary
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8.00% @pushup from @actuary
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This post has received a 9.16 % upvote from @booster thanks to: @actuary.
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Good post
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One of the important questions to ask before investing is 'what's the intrinsic value of this coin/technology'. Technical indicators are good but only serve day traders and fuel speculation. Read, and invest in value my friends, please! :-)
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You got upvoted from @adriatik bot! Thank you to you for using our service. We really hope this will hope to promote your quality content!
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This post has received a 2.02 % upvote from
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Thank you @actuary for making a transfer to me for an upvote of 5.39% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
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Whats hilarious is the open honesty, people basically "tipping it" for giggles and its STILL doing better than ReddCoin hahaha
Just dropped a new post myself, https://steemit.com/travel/@kashmirz/sydney-trains-24-hour-strike-and-life-in-motion check it out if you get a chance #vincentb unite!
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