Topic: Coinye West - Don't f**k with this coin - page 3. (Read 26292 times)

http://online.wsj.com/public/resources/documents/20140107-WSJ-coinye.pdf

Indeed this is a test for crypto.

Here's something interesting from the Cease & Desist letter:

page 2.

1. cease and desist from any and all use of the mark COINYE WEST and any versions of that mark including COINYE;

And then there's this part.

page 3.

If you fail to comply with these demands, we will notify the cryptocurrency community at large of your infringing actions and pursue all legal remedies against any business that accepts the purported COINYE WEST currency.  Specifically, Mr. West will pursue claims of contributory trademark infringement and contributory unfair competition, among others, against any entity that accepts or exchanges the COINYE WEST currency.

My question now is this: are mining pools "exchanging" the coins when they transfer them to a miners wallet?

An opinion from someone familiar with laws governing these types of issues would be great because the term "exchange" may not carry the same meaning in Trademark infringement suits that the average person might think that it means.

A quick example is New York States Criminal Sale of a Controlled Substance 5th Degree a Felony (NYS P.L. 220.31)

S 220.31 Criminal sale of a controlled substance in the fifth degree.
  A person is guilty of criminal sale of a controlled substance in the
fifth degree when he knowingly and unlawfully sells a controlled

So if Bob hands his friend Joe a dime bag of coke and didn't accept any money or any thing else at all, did Bob "SELL" Joe cocaine?
YES!

Because the definition of sell in the New York State Penal Law states this.
substance. 220.00 Controlled substances; definitions.
  1. "Sell" means to sell, exchange, give or dispose of to another, or
to offer or agree to do the same.

So this what I mean by "EXCHANGE" -- what's the exact definition of it when it comes to Trademark Infringement?

I wish COINYE Devs the best of luck. 

4 blocks orphan out of 5

where is the wallet and block chain? link broken. can't mine without it.!!!

Not Found

The requested URL /Coinye-LAUNCH-Wallet-and-Source-Encrypted.zip was not found on this server.

Step 1. Create self-inflicted DDos attack with all the hype.
Step 2. Mine when everyone else can't.
Step 3. Profit.

Yeah , cant eveny connect ...

Anyone else getting errors connecting to pools ?

This has been pretty interesting to watch. Perhaps his trying to stop it and their launching early will cause The Streisand Effect. I'm fine with some pump and dump.

What legal pressure did they have exactly?

Whilst i agree with what your saying on the whole, and would never go near this coin in the first place (its a piece of shit cmon) i cant understand why theyve had to change anything!? What trademark have they infringed?
Kanye != Coinye.
The image is a cartoon, which unless breachess copyright of the original author posses no problem.
The code is open source.
What possible reasons do this tallentless fucks lawyers have to go chasing after this? Id never heard of RonPaul til that coin came out, but if he was to sue thats a different story - because thats actually his name!

I understand the "there's no such thing as bad press" idea.  Short-term yes, this *may* cause an increase of value in the CoinyeWest coin.  Long-term, this has potential to hurt the community in general.  Crypto-currency will never be taken seriously if the only media attention we get is about law suits, black markets like Silk Road and silly "joke" coins like DOGE.

You are not looking at the big picture. Media attention, no matter what it is, can only be a good thing for crypto-currency. If the Coinye guys are smart the will put it out, exchanges will put it up. People will trade it and I really hope that Konye gets pissed and makes all kinds of noise about it. The more noise he makes the more our coins will be worth. All of them, including the shit coins.

With the press this coin is getting and legal action Conye West is (attempting) to take, I doubt any of the exchanges will touch this coin.

This is a BAD thing and I warned about it with the RonPaulCoin - naming a coin after a public figure is just asking for a lawsuit.

Sure, the coin creators have some anonymity and may be difficult to physically track down.  But the owners of the exchanges and this forum may be much easier to find.  What happens when Cryptsy, CoinedUp, or bitcointalk.org are sent cease & desist letters from Conye's lawyers?  What happens if they are subpoena'd for all server logs and other information they have related to the coin's creators and/or users?

These things hurt the cryptocurrency world as a whole, and just make it look a joke or "shady hacker stuff" to the outside world.

lol, idiotic fish? It's just an homage to South Park! Who loves fishsticks?

They had to scrap their plans to release the wallet/miner days early because legal pressure forced them to move up the launch. According to them on IRC, it will be made available in time. At least the wallet. The specialty miner may have to wait a few days but it doesn't really matter. Just use the miner programs you've always used.

You sure? What trademarks were these exactly?

worst failcoin EVER!

Yup, they raped his trademark, god huge attention for nothing, and now probably Kayne and his army of lawyers want their share
So devs had to change logo to some idiotic fish and are trying to launch it ASAP, so they can MAYBEEE do it on some shitty exchange, dupm their premine and instamine there and then vanqish..
nice fail coin

Maybe they were not allowed to use his face for the logo or something? Is that a possibility? Anyway.. the miner and wallet were supposed to be available 2 days before the launch. It's not even there yet.

Wut, mining starts today at 7 pm pacific time???
http://coinyeco.in/
isnt this thing going kinda weird last time? change logo to some fucking fish, change domain, now change launch date.. I see.. never more fucked up launch and they are just doing the same!
what do you think about it?

I totally agree. DOGE is indeed a good example of a coin that was in the beginning promising but was laughed with and make a very nice progress
The media attention for Coinye can also not be misunderstood.

I have my mining system ready for Coinye.