How to deal with the big amount of possible upcoming scam ico's in future? - page 4.

VTS

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Quote from: slaman29 on August 31, 2017, 01:09:24 AM

If you can't tell shit coins on your own, you should not trust a list. Shall we also then buy up the coins the list does not list? You will have a list of more than a thousand coins if it is honest. No one wants to do all that research to help others. There are regulatory lists by governements and banks that have Bitcoin on them. Shall we trust that list?

Well the word "LIST" is not the correct term to be used (that was just a trigger in my brain)

As explained later, a trust seal on free will base, issued by community committee that requires some kind of audit... just an extra trust factor not regulation!

HardFireMiner

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Quote from: VTS on August 31, 2017, 01:01:30 AM

Quote from: HardFireMiner on August 31, 2017, 12:51:54 AM

Quote from: VTS on August 31, 2017, 12:22:55 AM

Quote from: soothaa on August 30, 2017, 12:56:50 PM

We used to have this stuff back in the day of only PoS coins and it was pretty much the same. People freaked over premines and the coins basically died right there. Nowadays nobody cares. Premines, ICOs, shady developers, all of it used to be much less troublesome in the past, but now people simply want to just only whatever hot new thing there is and mine or try and profit from it. Meanwhile the ones who are raking it in are the devs who hold huge bags and just dump out their premines once their coin gets traction..

I believe a solution is needed, urgent, no? Just ignore it and see where its going? Just asking...

Ignorance is not a solution, mocking is.

Mock the stupid ones, the shills, report the obvious and we should be fine.

Crypto was about honesty some years ago, it still is for a bunch of people like myself. As long as we live, honesty will live with us in this crazy wild west.

How to "Mock the stupid ones, the shills, report the obvious and we should be fine" if more and more icos and crypto projects gets realized outside of this forum, never participated here?... It is somehow possible to do that within the forum, but outside I do not see a way...

Everyone in search for the truth will come here sooner or later.

slaman29

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Livecasino, 20% cashback, no fuss payouts.

If you can't tell shit coins on your own, you should not trust a list. Shall we also then buy up the coins the list does not list? You will have a list of more than a thousand coins if it is honest. No one wants to do all that research to help others. There are regulatory lists by governements and banks that have Bitcoin on them. Shall we trust that list?

Herbert2020

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Merit: 1137

Quote from: HardFireMiner on August 30, 2017, 12:50:24 PM

A few triggers can help you:

1. It's an ICO? 100% scam
2. It's premined? 100% scam
3. It's not minable? 100% scam
4. It's a clone of another coin? 90% scam

Hope this helps and I also hope you guys have some brains to choose a few nice, fair, decentralized coin to invest your money and not all those shitcoins.

this is exactly the issue.
you come up with some guidelines like this or anything similar then it becomes "just your opinion". for example i agree with 1 and 2 but not 3 and 4.
a not-minable coin doesn't have to be scam.
and a coin that is clone of another coin is 100% scam.

and that is just an example.

on top of it, i am only in it for the profit. a shitcoin can also give me profit. scam or not scam doesn't matter when they get pumped 300% in 2 days, it can give me the same amount of profit than any other altcoin can.

VTS

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Quote from: HardFireMiner on August 31, 2017, 12:51:54 AM

Quote from: VTS on August 31, 2017, 12:22:55 AM

Quote from: soothaa on August 30, 2017, 12:56:50 PM

We used to have this stuff back in the day of only PoS coins and it was pretty much the same. People freaked over premines and the coins basically died right there. Nowadays nobody cares. Premines, ICOs, shady developers, all of it used to be much less troublesome in the past, but now people simply want to just only whatever hot new thing there is and mine or try and profit from it. Meanwhile the ones who are raking it in are the devs who hold huge bags and just dump out their premines once their coin gets traction..

I believe a solution is needed, urgent, no? Just ignore it and see where its going? Just asking...

Ignorance is not a solution, mocking is.

Mock the stupid ones, the shills, report the obvious and we should be fine.

Crypto was about honesty some years ago, it still is for a bunch of people like myself. As long as we live, honesty will live with us in this crazy wild west.

How to "Mock the stupid ones, the shills, report the obvious and we should be fine" if more and more icos and crypto projects gets realized outside of this forum, never participated here?... It is somehow possible to do that within the forum, but outside I do not see a way...

HardFireMiner

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Activity: 872

Merit: 120

Quote from: VTS on August 31, 2017, 12:22:55 AM

Quote from: soothaa on August 30, 2017, 12:56:50 PM

We used to have this stuff back in the day of only PoS coins and it was pretty much the same. People freaked over premines and the coins basically died right there. Nowadays nobody cares. Premines, ICOs, shady developers, all of it used to be much less troublesome in the past, but now people simply want to just only whatever hot new thing there is and mine or try and profit from it. Meanwhile the ones who are raking it in are the devs who hold huge bags and just dump out their premines once their coin gets traction..

I believe a solution is needed, urgent, no? Just ignore it and see where its going? Just asking...

Ignorance is not a solution, mocking is.

Mock the stupid ones, the shills, report the obvious and we should be fine.

Crypto was about honesty some years ago, it still is for a bunch of people like myself. As long as we live, honesty will live with us in this crazy wild west.

VTS

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Activity: 112

Merit: 10

Licensing & Monetizing Digital Content!

Quote from: soothaa on August 30, 2017, 12:56:50 PM

We used to have this stuff back in the day of only PoS coins and it was pretty much the same. People freaked over premines and the coins basically died right there. Nowadays nobody cares. Premines, ICOs, shady developers, all of it used to be much less troublesome in the past, but now people simply want to just only whatever hot new thing there is and mine or try and profit from it. Meanwhile the ones who are raking it in are the devs who hold huge bags and just dump out their premines once their coin gets traction..

I believe a solution is needed, urgent, no? Just ignore it and see where its going? Just asking...

VTS

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Activity: 112

Merit: 10

Licensing & Monetizing Digital Content!

Quote from: Matic on August 30, 2017, 01:12:04 PM

this is about free market also and decentrlization if people want to invest into bad coins they should be able to. everybbody need to learn what is a good coin ot heir own. also you have shitcoins that years after can become good, it is not black and white

^^^ what does that have to do whit free market? Non is talk about hardcore regulations covered by legal authorities
^^^ how it would interfere with decentralization? I dont get it...

Fact is, that its made very easy to start a scam! And there is a lot of " I give a shit as long I make profit" mentality around... People are promoting every freaking crap they get paid for without even asking whats all about, what possible damage can be made... Not all, but more and more of are jumping on that train...

Matic

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https://eloncity.io/

this is about free market also and decentrlization if people want to invest into bad coins they should be able to. everybbody need to learn what is a good coin ot heir own. also you have shitcoins that years after can become good, it is not black and white

VTS

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Quote from: HardFireMiner on August 30, 2017, 12:56:39 PM

Quote from: VTS on August 30, 2017, 12:54:11 PM

Quote from: HardFireMiner on August 30, 2017, 12:50:24 PM

I wish more people here had a brain and dignity to report the obvious, like Spoetnik.

On THAT I agree 100%

VTS

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Quote from: quentincole32 on August 30, 2017, 12:53:28 PM

Quote from: VTS on August 30, 2017, 12:46:12 PM

Many things are regulated via collective sense of responsibility, but what if it gets lost? It could possible harm the hole blockchain ecosystem, no?

If there would be committee voted by the community, that would give recommendation (based on free will of the ico issuer), would that work? Something like if I sign up my ico to this verification ( Huh

) process (service) it would run through an audit and if its passing, it would give some extra trust factor. But of course it wouldn't have any legal background, more a community driven (tested by community) badge or something...

Its all very theoretically, just a thought....

Don't get me wrong, I like the idea of that, but what is to stop ICOs from just paying individual members ungodly sums of money to whitelist them? Not to mention, can anyone name one person in the world that they would trust implicitly to determine what is and isn't a scam AND who they would also trust to not be bought off? I honestly can't think of anyone.

Well it will be hard to buy the hole community... it should be somehow democratic voting and controlling team so on... you can buy 1- 10 people but 50 will be hard I guess...

And I didnt mean to declare shit coin or not... just to give a trust bonus and guarantee some minimum requirements or something like that...

soothaa

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Activity: 1151

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We used to have this stuff back in the day of only PoS coins and it was pretty much the same. People freaked over premines and the coins basically died right there. Nowadays nobody cares. Premines, ICOs, shady developers, all of it used to be much less troublesome in the past, but now people simply want to just only whatever hot new thing there is and mine or try and profit from it. Meanwhile the ones who are raking it in are the devs who hold huge bags and just dump out their premines once their coin gets traction..

HardFireMiner

full member

Activity: 872

Merit: 120

Quote from: VTS on August 30, 2017, 12:54:11 PM

Quote from: HardFireMiner on August 30, 2017, 12:50:24 PM

A few triggers can help you:

1. It's an ICO? 100% scam
2. It's premined? 100% scam
3. It's not minable? 100% scam
4. It's a clone of another coin? 90% scam

Hope this helps and I also hope you guys have some brains to choose a few nice, fair, decentralized coin to invest your money and not all those shitcoins.

you remind me on *** Spoetnik ***

But I cannot agree on 100%... by 88% I would be by with you :-)

Spoetnik is a nice bitcoiner, if I can call him like this, actually I like and agree with most of his posts, not all, most.

I wish more people here had a brain and dignity to report the obvious, like Spoetnik.

VTS

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Activity: 112

Merit: 10

Licensing & Monetizing Digital Content!

Quote from: HardFireMiner on August 30, 2017, 12:50:24 PM

A few triggers can help you:

1. It's an ICO? 100% scam
2. It's premined? 100% scam
3. It's not minable? 100% scam
4. It's a clone of another coin? 90% scam

Hope this helps and I also hope you guys have some brains to choose a few nice, fair, decentralized coin to invest your money and not all those shitcoins.

you remind me on *** Spoetnik ***

But I cannot agree on 100%... by 88% I would be by with you :-)

quentincole32

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Activity: 518

Merit: 500

Quote from: HardFireMiner on August 30, 2017, 12:50:24 PM

A few triggers can help you:

1. It's an ICO? 100% scam
2. It's premined? 100% scam
3. It's not minable? 100% scam
4. It's a clone of another coin? 90% scam

Hope this helps and I also hope you guys have some brains to choose a few nice, fair, decentralized coin to invest your money and not all those shitcoins.

Nailed it.

quentincole32

hero member

Activity: 518

Merit: 500

Quote from: VTS on August 30, 2017, 12:46:12 PM

Many things are regulated via collective sense of responsibility, but what if it gets lost? It could possible harm the hole blockchain ecosystem, no?

If there would be committee voted by the community, that would give recommendation (based on free will of the ico issuer), would that work? Something like if I sign up my ico to this verification ( Huh

) process (service) it would run through an audit and if its passing, it would give some extra trust factor. But of course it wouldn't have any legal background, more a community driven (tested by community) badge or something...

Its all very theoretically, just a thought....

Don't get me wrong, I like the idea of that, but what is to stop ICOs from just paying individual members ungodly sums of money to whitelist them? Not to mention, can anyone name one person in the world that they would trust implicitly to determine what is and isn't a scam AND who they would also trust to not be bought off? I honestly can't think of anyone.

HardFireMiner

full member

Activity: 872

Merit: 120

A few triggers can help you:

1. It's an ICO? 100% scam
2. It's premined? 100% scam
3. It's not minable? 100% scam
4. It's a clone of another coin? 90% scam

Hope this helps and I also hope you guys have some brains to choose a few nice, fair, decentralized coin to invest your money and not all those shitcoins.

VTS

member

Activity: 112

Merit: 10

Licensing & Monetizing Digital Content!

Many things are regulated via collective sense of responsibility, but what if it gets lost? It could possible harm the hole blockchain ecosystem, no?

If there would be a committee, voted by the community, that would give recommendation (based on free will of the ico issuer), would that work? Something like if I sign up my ico to this verification ( Huh

) process (service) it would run through an audit and if its passing, it would give some extra trust factor. But of course it wouldn't have any legal background, more a community driven (tested by community) badge or something...

Its all very theoretically, just a thought....

quentincole32

hero member

Activity: 518

Merit: 500

Quote from: VTS on August 30, 2017, 12:12:50 PM

So you both agree to let it be self regulated? I´m just asking, no offense... I'm just curious what people think about it...

No offense taken. I'm just saying, I can't think of a situation where I would trust a random group of people to tell me what is a scam and what isn't.

VTS

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Merit: 10

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So you both agree to let it be self regulated? I´m just asking, no offense... I'm just curious what people think about it...

Topic: How to deal with the big amount of possible upcoming scam ico's in future? - page 4. (Read 2675 times)