Topic: Enough Now! - CCB Announcement - page 2. (Read 1587 times)

Within the Wall Street investment community there are various rating agencies, such as Fitch, S&P and Moody's.  They rate many of the financial products, such as bonds.

There are many services in the crypto currency community and there have been many scams, hacking and thefts.  New users have fallen victim to all manner of fraud.

There would be much benefit from having multiple, competing ratings organizations for the many crypto currency services.  These organizations could rate all the services from exchanges, online wallets, markets, software developers, newsletters, hardware manufacturers and the coins themselves.

Crypto-currencies are not regulated by any government.  One of the points of Bitcoin and other currencies to be free of government regulation, but the free market can regulate itself.  Even in the anarchist dream of having no government, there would still be schools, police and fire departments, but they are privately operated.  Let there be privately operated ratings organizations; more than one so any bias from one group can be counterbalanced by the others.

 

Such a board could do its research and provide professionally written and well documented reports (with many footnotes, links and references) using their own standards for what constitutes a good or bad coin.  It will still be up to the user to determine if the board knows what they are talking about.  If a user could read three well reports from three different rating boards, he/she could hopefully make up his/her mind and have an informed decision not to invest in an IPO of a user with an activity of 3. 

These boards would have their hands full scouring the internet for all the information for their reports.

To be honest i don't think anyone can ever stop people making them but we should really be trying to educate people as to why this is not looking good for the future and how they are cutting their profits and this spaces' relevance in half in a very short term cycle

Proper smart papers written and posts written about the effects of them and the damage they are doing to trust and alt coin viability in a world that dosn't really understand why they need them yet
and sure we will need quite a few chains one day i guess but right now people are just contributing to the dilution thus making it unprofitable and no incentive for real developers and coders with tallent to actually work on them or their infrastructure

I really challenge people to stop trying to take so much profit i can clearly see so many miners in a revolving door now and are losing way more then they could be making by supporting the already established coins and their networks, developers and talented coders! We need help to educate on the benefits to contribute to a sustainable future in this space instead of the mindset "i'm taking what i can get now and stfu". Because that is not going to last long and you will 100% make more and be a better person and more wealthy if you just slow down and look at what you are doing to this unique opportunity to make money for the rest of your life instead of making it for a year.

how the board know it is a good or bad coin

Can we please just move away from attacking the members of this community who wish to bring about some sort of change to the onslaught of coins. Can we just focus mainly on the point here which is the markets and core essence of what these ledgers represent are heavily diluted and confusing to new comers. If you want to make profit then get behind the boycot of new coins i think we have plenty of backups of ltc and btc now so lets start pushing out the new coins and educate people how and why its a bad thing to be releasing so many right now as opposed to focusing on the ones we have!

Becasue personally i see massive profit and growth in this space. If we can stop the immature rants at each other about how you think such and such person is not capable or trustworthy enough to start such a boycott. We need to educate people so they stop mining these new coins and mine the ones we have so they become secure. As an investor and a miner i look for security and just about all of these coins now are not secure at all including MinCoin! And thats why no one is really investing in their future, it will only get worse.

For the record, these distinguished members do not/should not include: Spoetnik, Muddafucka, fr3wt or his two dozen alts, Shakezulu, Hazard, anyone associated with Cryptogenic Bullshit (the original 5ltc clonescam to make one guy rich) or any member of the Cryptsy "backroom" (that includes the egomaniacal Franko 'collective', BitJohn the clone pusher, Pr9me the graphics guy, Mullick the cloner on staff, Horus the Hobo) ahmedbodi the pool skimmer, or any one who used to be a carpet cleaner from Wisconsin that now hawks bullshit ones and zeros as wealth.

I don't want to go off topic, so feel free to delete my post...anyway, I just have a question to ask, since there are more and more posts here and in the altcoin section coming out about "scamcoins" and their overabundance. Aren't cryptocurrencies the wet dream of every liberist who wants complete freedom from central control and regulations? I suppose yes, even though not everyone involved in cryptocurrencies (me included) feels this way, but I guess the great majority does. So why would people fighting for Independence and freedom be the first to try to regulate, control and stop altcoins? This is exactly what you libertarians want and fight for!

Quoting Night Owl and the Comedian from Watchmen:
"What happened to us? What happened to the American Dream?"
"What happened to the American Dream?" It came true! You're lookin' at it..."

This is just a little question I was asking myself, if you are actually not a hyper libertarian I apologize, since most of the users here seem to be, I played with probability and lost

Reserved -

1 post deleted, please read the OP
2nd post deleted, BTCat - We are not reviewing anything yet, please dont post about coins here

Herpes coin? Rapecoin? Fuckcoin? Scamcoin?

ENOUGH!

These poor attempts are damaging the image of truly innovative crypto currencies in the world. We need to put a full stop on this madness.


So,

Today i announce CCB (Crypro Certification Board)

The board will review every old as well as new coin submitted on the basis of innovation, dedication, and future ideas for real world applications. Based on this review, certifications will be awarded to these coins. People will be educated to invest their time and money in CCB Certified coins only.

I request moderators and distinguished members to come forward and start sketching the workings of the board.

We really need this