Altcoin noobs beware | Bitcointalksearch.org

Neoliberalism

newbie

Activity: 47

Merit: 0

Quote from: Rockie1234 on May 21, 2017, 06:28:17 AM

Quote from: Neoliberalism on May 21, 2017, 06:14:11 AM

Which alts do you guys consider scams?

Bytecoin is definitely a scam, there was a whole thread on how they faked the date of their whitepaper.
Dash had an instamine (accidental or not), so I guess you could call that a scam if you were being harsh.

There are too many to name here, but look out for any coin which makes vague promises like "a secure blockchain" since every coin has one of those. Most ICOs seem to be scams, like LetItRide.

Leocoin, Swiscoin, e-dinar coin and Steemit are some of the more well-known ones.

What about Veritaseum of Reggie Middleton? His shilling on the forum and promises of a revolution make me very skeptical LOL Grin

Rockie1234

sr. member

Activity: 476

Merit: 250

Quote from: Neoliberalism on May 21, 2017, 06:14:11 AM

Which alts do you guys consider scams?

Bytecoin is definitely a scam, there was a whole thread on how they faked the date of their whitepaper.
Dash had an instamine (accidental or not), so I guess you could call that a scam if you were being harsh.

There are too many to name here, but look out for any coin which makes vague promises like "a secure blockchain" since every coin has one of those. Most ICOs seem to be scams, like LetItRide.

Leocoin, Swiscoin, e-dinar coin and Steemit are some of the more well-known ones.

dissident

sr. member

Activity: 280

Merit: 250

I watched one of their sockpuppet operations on the poloniex trollbox yesterday.. I swear 6 bots all started pumping digibyte at the same time and got banned, then a minute 6 more.

Neoliberalism

newbie

Activity: 47

Merit: 0

Which alts do you guys consider scams?

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

Quote from: criptix on May 20, 2017, 11:00:36 PM

One advise for altcoin newcomers:

If you see hundreds of different newbie accounts advertising coin x chances are pretty high that the accounts are just sockpuppets for a pump and dump.

Either you guys dont buy the coin at all or play the game and sell before it's to late!
Good luck

people here are only about the profit, if they can make profit out of a coin they would not care at all if the coin is a scam or the dev is a scammers or anything like that, you get plenty of example where many stupid coins are pumped and dumped just for the money, and those coins offer zero addition to crypto are just there to scam people

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: criptix on May 20, 2017, 11:00:36 PM

One advise for altcoin newcomers:

If you see hundreds of different newbie accounts advertising coin x chances are pretty high that the accounts are just sockpuppets for a pump and dump.

Either you guys dont buy the coin at all or play the game and sell before it's to late!
Good luck

Some newbies still rush in to buy alts, in spite of all the warnings.
I only hope they don't go all in, lured by these crazy returns.
If they lose some money and then learn a lesson, they won't forget it in a hurry.

JosNekoKopa

sr. member

Activity: 476

Merit: 250

Quote from: Spoetnik on May 21, 2017, 02:58:22 AM

What is a "coin" anyway ?
Any scheme, ledger, APP's Blogging thingy tacked onto a block chain or digital token used for ROI's on Polo ?
Care ? Of course not.. i know i created a topic asking you all to clarify and talk about it and you ignored it.

Dude you are going too deep, who really needs to know what is a coin? All i need to know about is how much can i gain..Majority of us enjoys this situation..

I'm not sure all those new accounts are actually real newbies. All i can see many of them, just created, talking about certain invest as professionals. Second we have good market of accounts so there is no problem to get one hero account for good price. Legendary or newbie there is no difference.

In every way try to exit on time, use hype as your own opportunity don't fall in love.
Use others fears and uncertainties, do not believe to anyone.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Speak to an investment adviser.. a good one that is.
Investing is not a new concept with crypto shitcoins.
Having it mass cloned and unregulated sure is though.

Want to know what to be warned about ?
Speak to an investment adviser..
Not the scammy kids and scammy "coin" dev's here.

What is a "coin" anyway ?
Any scheme, ledger, APP's Blogging thingy tacked onto a block chain or digital token used for ROI's on Polo ?
Care ? Of course not.. i know i created a topic asking you all to clarify and talk about it and you ignored it.

Anything goes.. no laws.. free market.. buy buy buy.. what ? who gives a fuck.
Profit is great.. off anything that pays.
What is good ? Look at today's cap ranking stats.. buy that..duh right ?

I seen some info before on what a proper investment is and it turned out to be common sense.
Something that is a rare commodity here.
You shouldn't have to be told.. Google it maybe.

freebutcaged

hero member

Activity: 588

Merit: 541

Quote from: Spoetnik on May 21, 2017, 01:45:42 AM

Quote from: freebutcaged on May 21, 2017, 01:19:09 AM

Quote from: Spoetnik on May 21, 2017, 01:05:58 AM

If the price is going up you think they care ?

I have missed your sorry FUDing ass Spoet.

If price is going up why don't you invest as well and why do you care really?

People like to throw their money away and you are stopping them are you crazy?

I had your name highlighted so i looked at your profile before (can't recall why though)
I guess if i checked your post history i could figure it out but i am lazy.

And yeah uhh i stopped many but more to go !
Did i mention i posted "FUD" on the Doge ANN shortly after it launched ?
Hmm it would seem people ignored me on that one eh LOL

People you don't trade unless you have my permission ok ?

I guess i have to explain again though.. but i am going to do that every second time.
Since i have to re-post the same thing over and over i might as well space it out a bit.
Actually i should farm it out.. maybe hire an Indian call center.

Funny if i gave you all a super awesome trade secret i'd never have to repeat it once.
I say "FUD" and you are all like OMG why ? hahhahha

But hey..
Shit goin' up yo.
Fuck it all.. buy buuuy buuuuuuy
Who ?
Who cares.
What ?
Who cares.
Scam ?
Who cares.
Ruin crypto ?
Who give s flyin' fuck.

I GOT MAH MOUTH TO FEED DAMMIT !

PS:
Don't like my comment ?
Go buy some shitcoins about it then.. you're all almost rich, just buy a little more shitcoins !

I'm here with one of brothers and my insane of a sister and none of us really even bought a single alt other than LTC.

Why would you call it scam, if you are calling a coin like BCN a scam but does it hurt if I go and start mining it then sell to the highest bidder?

For the record I already know most of the alts are in hands of a few and they're the ones pumping their prices and I know they'll dump on new comers just like many coins already did.

We're from a Muslim family and participating in ponzy is against our religion and is a wrong thing to do mate.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Quote from: freebutcaged on May 21, 2017, 01:19:09 AM

Quote from: Spoetnik on May 21, 2017, 01:05:58 AM

If the price is going up you think they care ?

I have missed your sorry FUDing ass Spoet.

If price is going up why don't you invest as well and why do you care really?

People like to throw their money away and you are stopping them are you crazy?

I had your name highlighted so i looked at your profile before (can't recall why though)
I guess if i checked your post history i could figure it out but i am lazy.

And yeah uhh i stopped many but more to go !
Did i mention i posted "FUD" on the Doge ANN shortly after it launched ?
Hmm it would seem people ignored me on that one eh LOL

People you don't trade unless you have my permission ok ?

I guess i have to explain again though.. but i am going to do that every second time.
Since i have to re-post the same thing over and over i might as well space it out a bit.
Actually i should farm it out.. maybe hire an Indian call center.

Funny if i gave you all a super awesome trade secret i'd never have to repeat it once.
I say "FUD" and you are all like OMG why ? hahhahha

But hey..
Shit goin' up yo.
Fuck it all.. buy buuuy buuuuuuy
Who ?
Who cares.
What ?
Who cares.
Scam ?
Who cares.
Ruin crypto ?
Who give s flyin' fuck.

I GOT MAH MOUTH TO FEED DAMMIT !

PS:
Don't like my comment ?
Go buy some shitcoins about it then.. you're all almost rich, just buy a little more shitcoins !

freebutcaged

hero member

Activity: 588

Merit: 541

Quote from: Spoetnik on May 21, 2017, 01:05:58 AM

If the price is going up you think they care ?

I have missed your sorry FUDing ass Spoet.

If price is going up why don't you invest as well and why do you care really?

People like to throw their money away and you are stopping them are you crazy?

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

If the price is going up you think they care ?

jmigdlc99

sr. member

Activity: 784

Merit: 282

*ehem* digibyte *ehem* bytecoin

be wary of shitcoins everyone. good luck with your trades.

criptix

legendary

Activity: 2464

Merit: 1145

One advise for altcoin newcomers:

If you see hundreds of different newbie accounts advertising coin x chances are pretty high that the accounts are just sockpuppets for a pump and dump.

Either you guys dont buy the coin at all or play the game and sell before it's to late!
Good luck

Topic: Altcoin noobs beware (Read 962 times)