Topic: Congratulations Scammers, you've killed the altcoin market - page 2. (Read 4433 times)

I don't think they completely killed it but they sure as hell did a lot of damage. It seems 80-90% of coins or services in the crypto world end up being scams or even if they aren't scams, they end up being a steaming pile of fail. There's no chance in hell newcomers are going to put money in crypto when all they hear every day are stories about hacks, scams and people losing all their money after some shitcoin they invested in collapses in value.

I don't bother with any POW coins anymore, I stick with new coins that are built from scratch and have a lot of promising features. Of course, even then you have to be extremely careful as a lot of those end up being scams as well.

I have a lot of business with them here in Spain, with the Chinese who are working hard to win a lot of money. He asked them to them for cryptos and always answer as well, and do not know if they know they are thinking about scam safe.

When I presented a project, i have to give many data on my person, as I did in the past the work. I have to submit curriculum vitae and a perfect plan work .... What happens here is that a bunch of people come with money and eyes closed, invest a lot of money on people who do not know of anything. The world of the cryptomonedas is burned from six months ago.

Not going to publicize currency Dokdocoin by de face, but it is a clear example of how things are done serious. They decided to ban IP in China and the currency runs quiet ... No one needs a lot of people asking for the list of rich, asking every 2 minutes where is the developer, nobody asked stupidities continuously
Everything is slow, but sure

You're actually right, it is a chain reaction. Look at it this way, there is a group of scammers here. They keep copying coins and releasing them under different names/specifications. The forum does nothing to prevent this. Exchanges do nothing either, pools nobody. Exchanges accept the coins because the users demand it, the users then point the finger somewhere else and it goes into a circle.
Nobody is putting a stop to it. Even if we put very very tight restrictions on coin releases here, there will be no damage to possible innovation.
A coin that is worth anyone's time and has desirable features could still be released after a review of some sorts.

yes however the 2% suffer because of it ie those legitimately trying to advance cryptos.

I am pretty sure every investor in the altcoin market knows that 98% of the coins are either a pump and dump or a scam. But because of greed they try to "play" the market, because they see these +400% popping up every day.

because you think that chinese live only in china lol, they are everywhere

i've been away for 5 days, and i return with the forum full of "dead coin thread". Should i be scared?

well for one thing it's a chain reaction i think..
mass coin cloning has caused a lot of guys to quit this shit.
so if they quit prices are going to tank as they cash out and often rip someone off on the way out the door (lot of so called hacks have happened)
Mark i think realized his mountain was cracking and he had to cash out while BTC was still high and she set it all in motion.. on purpose.
and honestly i'd prob do the same.. it's logical.

this placeWorld Wide scene is full of snotty brats..
when i was a little dipshit in the 80's i had to move soon from some place and i stole my best friends Walkman on purpose ! ..opportunity  
Loud mouth little crypto dipshit and their scammer old brothers want one thing........ money.
few people give a flying fuck about this scene in the slightest.

i see it as a biting the hand that feeds you issue.. and why fuck the system up for short term gain when you can do the right thing and make far more and for far longer ?
The majority in Crypto (the altcoin) scene are dumb
I am the smart one an i am always right and i predict tons of shit and i get to say i told you so non stop.
Greed.
greed = this scene is dead.
no way to fix it with out regulation.. and it's NOT coming !

i have said it, over and over like a broken record and i am right and you will all see and i will say i told you so once again.
and i also said no one will accept responsibility for it either.. Exchanges and pools will say "user demand" and users will point the finger at others.
i called it last year.. and that is precisely what is happening RIGHT NOW !

Traderboots of Mark Karpeles climbed to 1K Bitcoin, not de scammers and thief of china. Chinese ruin every business

How does price dropped has anything to do with scammers?

Speculators getting into altcoins knowing full well most of the coins are pump and dump. It is the same group of people who lose the most.

lol and you would have never seen 1k+ USD for bitcoin 

Ban IP  of China in coins  removes 99% of problems

Disagree, I think its the only reality for long term survival of the exchanges, easy to pass the buck and say bittrex is adding every shit scam coin, we have to too keep up.
Each shitcoin cycle will get worse for the exchanges that don't screen coins to protect their user base. Only thing that surprises me is you guys have got this far.
You'll get a peak user base that'll make all look like the right path, but when liquidity dries up it happens fast, and unlike the real market, with no actual assets backing any shitcoins there won't be a floor.

ya that makes sense i guess LOL

and what kelsey said makes sense too..
if guys that have made coins before are complaining or what ever that is a good sign maybe ?
and maybe they are more qualified than most to talk on the issue or at least should have a interesting perspective / view point on the matter.

i have defended exchanges before such as cryptsy by saying they are screwed if they do and screw if they don't.
it's a vicious circle like a snake eating it's tail and it has no where to go but down !

I agree however its not reality. Any exchange that hasn't adopted the new coins is pretty much going out of business. I wish folks cared more about legitimacy of the coins. But if an effort was made by the other leaders in the field we would likely join them.

and who better to have an opinion on the topic then someone who has been down that road?

i think exchanges need to be exceedingly more strict in adding coins, not limited to just proof of developer, I think any exchange that give investors confidence by doing this while still adding plenty of cryptos will become the (longterm) market leader.

How ironic r3wtt the topic starter I believe is the scammer who made an exchange and used the word "oh I got hacked" so its ok and here is a bitcointalk search on his name https://www.google.com/search?q=r3wt+scam+site:bitcointalk.org&client=firefox-a&hs=hCw&rls=org.mozilla:en-US:official&gws_rd=ssl

I am really liking the proof of developer thing. Anyone else think this might fix the silliness?

anyways the alt markets hardly dead, however I for one am hoping for a decent crash to thin the pack alittle (ok well alot).