Pages:
Author

Topic: boycott bitcoin2.0 scamcoin they are crashing the market (Read 1695 times)

legendary
Activity: 1008
Merit: 1000
The reason why Bitcoin is actually used for crowdfunding is because those people think Bitcoin are better, easier, etc than fiat.

Considering how the price dived, the should've done a fiat crowdfunding, or coverted to fiat immediately. Ironically, their decision to do it in Bitcoin meant they had to suffer losses.

They just used a blockchain-based coin for some crowdfunding, that's all.

According to the that apparently means they are trying to cheat.

If there will be a true  innovation these altcoin creators should raise funds in fiat from VC .  But why don't they ?  There is no innovation , only cheat ( at least most of them).
legendary
Activity: 1204
Merit: 1028
Actually their coin plays a big role on their system which is what makes it unique compared to other decentralization systems like freenet.

yes but MaidSafeCoin != SafeCoin, although it will be convertible. MaidSafeCoin exists today and is the crowdfunding asset, SafeCoin will be their network-integrated currency. SafeCoin will technically not be based on a blockchain in today's sense, double-spending is solved by other means (through the same deduplication mechanisms that is inherent in the network for all other types of data already anyway).

Well, pragmatically it is Safecoin... its the same thing, because you'll directly convert 1:1 your coins, the thing is you can get now cheap as hell before it becomes Safecoin.
sr. member
Activity: 530
Merit: 250
CryptoTalk.Org - Get Paid for every Post!

If there will be a true  innovation these altcoin creators should raise funds in fiat from VC .  But why don't they ?  There is no innovation , only cheat ( at least most of them).

Your talking doesn't make sense at all. On one hand you believe in Bitcoin, on the other you don't want people to use it and demand the use of fiat for crowd funding.
The reason why Bitcoin is actually used for crowdfunding is because those people think Bitcoin are better, easier, etc than fiat.
Again, Bitcoin exists to use and not collect it.
And having alternatives to Bitcoin shouldn't be any problem for Bitcoin itself anyway. If the world of finance works more or less with hundreds of currencies, why should the crypto world function with several, too?
Regarding cheat. Yes, there is cheat. So what? Be aware, inform yourself, don't fall for it. But you even complain about coins like maidsafe without having the slightest idea what it is. So my guess is that you were too greedy in the past, invested in some truly scam coin, and now you look for someone to blame.  Grin
legendary
Activity: 1764
Merit: 1007
Actually their coin plays a big role on their system which is what makes it unique compared to other decentralization systems like freenet.

yes but MaidSafeCoin != SafeCoin, although it will be convertible. MaidSafeCoin exists today and is the crowdfunding asset, SafeCoin will be their network-integrated currency. SafeCoin will technically not be based on a blockchain in today's sense, double-spending is solved by other means (through the same deduplication mechanisms that is inherent in the network for all other types of data already anyway).
legendary
Activity: 1512
Merit: 1000
OP is actually right. If these 'coins' cared about innovation they wouldn't call themselves Bitcoin 2.0 as that is marketing scheme. There is no Bitcoin 1.0; how can you then create a Bitcoin 2.0?
As far as I know there are even no plans for Bitcoin 1.0 yet. These altcoins are like parasites, they have been leeching off of Bitcoin for years. Sure, there might be a good one or two. Maybe 1 in 100 scamcoins that are created.
The thing is there is no need for all of them. I think that Bitcoin will succeed and will have 2-3 "partner-coins" that will also have a decent market cap.

I agree "Bitcoin 2.0" is a marketing BS, also agree on the parasitic nature of many (most) altcoins, but those alts in OP's list are actually the good pieces with the most innovation.
legendary
Activity: 2674
Merit: 3000
Terminated.
OP is actually right. If these 'coins' cared about innovation they wouldn't call themselves Bitcoin 2.0 as that is marketing scheme. There is no Bitcoin 1.0; how can you then create a Bitcoin 2.0?
As far as I know there are even no plans for Bitcoin 1.0 yet. These altcoins are like parasites, they have been leeching off of Bitcoin for years. Sure, there might be a good one or two. Maybe 1 in 100 scamcoins that are created.
The thing is there is no need for all of them. I think that Bitcoin will succeed and will have 2-3 "partner-coins" that will also have a decent market cap.
newbie
Activity: 16
Merit: 0
well , the op is a little radical . but most alts really play a bad role in crypto world .
legendary
Activity: 1778
Merit: 1043
#Free market
We're in a scene of innovations and start-ups. This exact process is the way things work. It's much like things work (or should work) at a university: You go and try things out, then improve them, fail, repeat, etc...

It is obviously than one day it will be created a new concept much better than the actual 'bitcoin' but now they can't proclaim themselves bitcoin 2.0, because they are not bitcoin 2.0 Roll Eyes.



You can't blame them for not being successful! Can you?

We cannot blame them, but like I said previously before start to proclaim themselves 'bitcoin 2.0' they should improve their concept of decentralisation.

Calling something '2.0' or putting any kind of version number behind a noun always makes it look sketchy, in my opinion. They just opted to do that because of the name 'Bitcoin'. Hell, why shouldn't they do it... I guess you're getting too upset about this Smiley

Exactly, nah I am not angry  Grin.


Competition is a good thing. Everyone that saw bitcoin's rise will try out some alt-coin in an attempt to mimic the success of bitcoin. But after the excitement of starting their own coin, the project will fail, then they will realize that bitcoin's success is not based on technology alone, then they will become the true believer of bitcoin and focus on bitcoin in future

This,

bitcoin is a 'success' because it is supported by a lot of people ( and more people every day). Who gives value to bitcoin? Not only an economic value ( but also from a knowledge side) the people give value to its not the contrary.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Competition is a good thing. Everyone that saw bitcoin's rise will try out some alt-coin in an attempt to mimic the success of bitcoin. But after the excitement of starting their own coin, the project will fail, then they will realize that bitcoin's success is not based on technology alone, then they will become the true believer of bitcoin and focus on bitcoin in future
hero member
Activity: 672
Merit: 503

I don't know about the rest of projects, they don't convince me.. but Maidsafe does. Maidsafe is extremely legit. You need to research more before you throw these accusations. Lol at "internet is already decentralized". How is the internet decentralized if it requires you to hire servers to hosts basically anything? you are seriously clueless. Maidsafe will x10 in the following months, mark my words. This is a, for once, legit project worth investing in.

Might I add, Maidsafe is OLDER than Bitcoin, started in 2006.

Correct, Maidsafe is legit, and a complete different technology, they don't even build on a blockchain. They just used a blockchain-based coin for some crowdfunding, that's all.

The internet is "decentralized" only in theory. The innovation of projects like MaidSafe (and Storj etc) is that they abstract content and services away from physical location and servers (IP addresses and the centralized DNS). I want to watch that one cat video? I don't care if it's hosted on a server called Youtube in California, just stream it to me from other peers, all I need is its ID or a name.

Though I wouldn't say it will x10 in the following months. The risk with MaidSafe is obviously that it could be vaporware, exactly because having been in development since 2006 already. Also their security model is not so well understood and proven to work yet by independent auditors.

Actually their coin plays a big role on their system which is what makes it unique compared to other decentralization systems like freenet. Imagine being able to get paid anonymously in Safecoin because a lot of people use your APP. All of these things are new and unprecedented and twist basic concepts like copyright in new ways.
MAID is literally the only project worth investing big time other than BTC.
hero member
Activity: 518
Merit: 500
Trust me!
We're in a scene of innovations and start-ups. This exact process is the way things work. It's much like things work (or should work) at a university: You go and try things out, then improve them, fail, repeat, etc...

It is obviously than one day it will be created a new concept much better than the actual 'bitcoin' but now they can't proclaim themselves bitcoin 2.0, because they are not bitcoin 2.0 Roll Eyes.



You can't blame them for not being successful! Can you?

We cannot blame them, but like I said previously before start to proclaim themselves 'bitcoin 2.0' they should improve their concept of decentralisation.

Calling something '2.0' or putting any kind of version number behind a noun always makes it look sketchy, in my opinion. They just opted to do that because of the name 'Bitcoin'. Hell, why shouldn't they do it... I guess you're getting too upset about this Smiley
legendary
Activity: 1764
Merit: 1007

I don't know about the rest of projects, they don't convince me.. but Maidsafe does. Maidsafe is extremely legit. You need to research more before you throw these accusations. Lol at "internet is already decentralized". How is the internet decentralized if it requires you to hire servers to hosts basically anything? you are seriously clueless. Maidsafe will x10 in the following months, mark my words. This is a, for once, legit project worth investing in.

Might I add, Maidsafe is OLDER than Bitcoin, started in 2006.

Correct, Maidsafe is legit, and a complete different technology, they don't even build on a blockchain. They just used a blockchain-based coin for some crowdfunding, that's all.

The internet is "decentralized" only in theory. The innovation of projects like MaidSafe (and Storj etc) is that they abstract content and services away from physical location and servers (IP addresses and the centralized DNS). I want to watch that one cat video? I don't care if it's hosted on a server called Youtube in California, just stream it to me from other peers, all I need is its ID or a name.

Though I wouldn't say it will x10 in the following months. The risk with MaidSafe is obviously that it could be vaporware, exactly because having been in development since 2006 already. Also their security model is not so well understood and proven to work yet by independent auditors.
hero member
Activity: 642
Merit: 500
Evolution is the only way to survive
OK , It's time to end this . let's boycott these bitcoin2.0 scamcoin !

Yeah, lets stop all kind of innovation and any attempt to improve.

If there will be a true  innovation these altcoin creators should raise funds in fiat from VC .  But why don't they ?  There is no innovation , only cheat ( at least most of them).
legendary
Activity: 1778
Merit: 1043
#Free market
We're in a scene of innovations and start-ups. This exact process is the way things work. It's much like things work (or should work) at a university: You go and try things out, then improve them, fail, repeat, etc...

It is obviously than one day it will be created a new concept much better than the actual 'bitcoin' but now they can't proclaim themselves bitcoin 2.0, because they are not bitcoin 2.0 Roll Eyes.



You can't blame them for not being successful! Can you?

We cannot blame them, but like I said previously before start to proclaim themselves 'bitcoin 2.0' they should improve their concept of decentralisation.
hero member
Activity: 518
Merit: 500
Trust me!
We're in a scene of innovations and start-ups. This exact process is the way things work. It's much like things work (or should work) at a university: You go and try things out, then improve them, fail, repeat, etc... You can't blame them for not being successful! Can you?
legendary
Activity: 1778
Merit: 1043
#Free market
There is no such thing as "Bitcoin 2.0".
Bitcoin is at 0.10.0 and still in beta version.

Apart from that @OP -> Stellar and Ripple as Bitcoin 2.0?

Seriously?

 true that sounds awesome Bitcoin 2.0 but in amazing graphics to sell shitcoin to others for getting much high profit from creating these kind of shit and run away from that money. Wink

For who created those coin 'yes' but not for all the bitcoiners and the bitcoin dev team. Them are only to be considered as 'altcoin' because they don't improve the decentralised concept as bitcoin (with all its defects).
legendary
Activity: 1050
Merit: 1000
There is no such thing as "Bitcoin 2.0".
Bitcoin is at 0.10.0 and still in beta version.

Apart from that @OP -> Stellar and Ripple as Bitcoin 2.0?

Seriously?

 true that sounds awesome Bitcoin 2.0 but in amazing graphics to sell shitcoin to others for getting much high profit from creating these kind of shit and run away from that money. Wink
Q7
sr. member
Activity: 448
Merit: 250
In the first place, we shouldn't refer to these coins as bitcoin 2.0. Stop giving them this name. The word "bitcoin" 2.0 itself is misleading as people might thought that the project is funded by bitcoin or having the impression that it's part of bitcoin but it's actually not. Geeks or any bitcoin fans for that matter would know how to differentiate between what's real and what's flux but definitely not common individuals. If only we can do something to prevent the term to be used freely
hero member
Activity: 1582
Merit: 502
There is no such thing as "Bitcoin 2.0".
Bitcoin is at 0.10.0 and still in beta version.

Apart from that @OP -> Stellar and Ripple as Bitcoin 2.0?

Seriously?
legendary
Activity: 1008
Merit: 1000
Someone is really angry at the price Grin
Advise to OP, buck up as prices will likely go down more. Maybe find some more things to blame.

OK , It's time to end this . let's boycott these bitcoin2.0 scamcoin !

Yeah, lets stop all kind of innovation and any attempt to improve.
Pages:
Jump to: