Reddcoin (Reddit /u/laudney /u/DynamicDK /u/reddki et all) Spam, Premine scam, cryptocurrency scams Internet

This is a coin billing itself as a "social currency". They engage in dishonest and misleading tactics to spread word about it, most visibly on reddit and a handful of other social media sites. A good analysis of the scam is here: (((link redacted))) In that report you will see a good 25% of the coin supply is "instamined".

They have also received negative trust ratings on bitcointalk: (((link redacted)))    and also on reddit itself: http://redd.it/29loky and actively engage in campaigns against anyone who attempts to raise questions about their spam techniques or the premine. Their top video was removed from YouTube when it was discovered they use bot services to garner pageviews, and they openly do this on exchanges as well as you can see in the transcripts in the above links.

My advice is to stay far away from this scam until it finally crumbles.