The problem would be getting a person or person(s) to spend time sifting through 7,000 ANN topics.
And yeah.. that is simply ridiculous there is THAT many.
Things have gotten waaaay out of hand.
And what do we see ?
Oh..
Well..
This NEW coin is the ONE !
Yup..
This new Zcash Coin (shitcoin #7,102) is teh legit'z !11111ONE
8k 9k 10k 100k 1 zillion.. you all won't stop ..you need yur ROI'z
Anyway as i said 100 times before.. sorry i got side tracked by the FUD
Ideas around here are great and all but we have a core principle in play.. i assume deliberately.
Freedom.
Whether it is abused or not is another matter.
Is theymos interested in setting up drastic new measures to police crypto ? I highly doubt it.
The problem would be getting people willing to work for free or theymos paying out of pocket
to sift through every coin that comes along.. and WHO is chosen to do the influential job ?
That would trigger a shit load of drama because key people would have abilities that could be abused.
..and they would be.
Then you have the actual definitions of what is each type of coin.
A grey area would be hit a lot causing more drama.
Really we are stuck with how things are.
The only thing i see changing the Altcoin landscape is tough govt regulations that cause arrests.
That would curb a lot of the bullshit..
Otherwise it's business as usual.. shit'coining for profitz.
You all make money off them and so they are created.
Defining one ?
Unless you can crack open Butters head and analyze his brain and see proof of intent we have to speculate.
In other words was a major factor in the development of Ethereum for profits on Exchanges ?
Is that a major reason why it was created ? If so ? yes it is in fact a scam.
Coins created for fun or profit are scammy.
Currencies are not a joke and they are not to be created simply for trading on Poloniex either.
I have long said i would reconsider if we have some tough regulations sort of like how there is in the stock markets.
These are not penny stocks or businesses or even decentralized currencies.
When you put shit on Github or Poloniex or Cryptsy or Coinbase or hell even this very forum you are now US govt compliant.. there is no way to chant free market anymore then people.
Game Over.
And since they are all ICO's or another variant of premining bullshit they are in no way decentralized.
And the penny stocks idea is bullshit because there is no laws governing them.
Who in Crypto is our Martha Stewart arrested for insider trading ?
These are not businesses either..
They are scammy greedy name changing shady little assholes hoping to make a buck who keep pumping out "Schemes" for profit.
They mod a coin base slap on some new graphics and if your real lucky get a new gimmick.
It's a farce.
If you all want this charade to improve you are unfortunately going to have to embrace legal regulations for crypto.
When i started i was 100% against this idea.. i too was rebellious and chanted free market.
But look around people..
Through out all of human history if we are given the freedom to ruin something.. we do.
This is why laws are created.
Someone had to go and make a law saying hey, doing bad things are bad.