This includes Feathercoin, Bytecoin and a lot more
You mean it should be created first, mined only by a small group for some years, then be widely announced? Hmm..what coin could that be?
Topic: Cryptocurrencies created the same day they are announced are a scam (Read 810 times)
You mean it should be created first, mined only by a small group for some years, then be widely announced? Hmm..what coin could that be?
May 01, 2013, 04:16:51 AM
well.. now we could debate that for hours i fear 
Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers.
They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way.
Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers.
They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way.
I agree! Crappy clones are crappy clones.
On the other hand add a devoted Development team that produce things that work from the off and then continue with their support and people will start believing & seeing for themselves that there are a hell of a lot of Crappyclones out there.
As with everything, only time will tell.
May 01, 2013, 03:56:35 AM
well.. now we could debate that for hours i fear
Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers.
They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way.
Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers.
They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way.
May 01, 2013, 03:53:58 AM
money from thin air is a scam
....So all money is a scam???
As I can never recall the likes of Stephen Hawking ever mentioning it as being part of the BIG Bang! Theory
May 01, 2013, 03:50:26 AM
money from thin air is a scam
QE1 and 2 were scams then.? 
May 01, 2013, 03:50:08 AM
"A scam or confidence trick is an attempt to defraud a person or group by gaining their confidence." - Wikipedia
May 01, 2013, 03:45:39 AM
money from thin air is a scam
May 01, 2013, 03:44:03 AM
You don't know what the word scam means.
So a pump and dummp scheme is a scam? 
May 01, 2013, 03:37:33 AM
This includes Feathercoin, Bytecoin and a lot more
The whole economy is a scam! They sell at higher prices than they buy, they should all go to jail!
May 01, 2013, 03:36:19 AM
You don't know what the word scam means.
May 01, 2013, 03:35:12 AM
explain
May 01, 2013, 03:33:26 AM
This includes Feathercoin, Bytecoin and a lot more
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