I am really tired of all these scamcoins which were just created in the hope to get some quick (fiat) $$$. All I see are clones, practically no real innovations, ideologies, experiments or progres. In my eyes, the only altcoins which have some sort of foundation, because they try something new are:
- Namecoin (Offers a Domain Name System - thats really new and worth something)
- Devcoin (Has the idea of creating a way to fund open source programmers)
- Freicoin (Tries to change the economy by creating a demurrage currency, has a strong and publicly exposed dev group)
- Ripple (Totally new concept, potential and venture capital from Google, but not a real altcoin)
Maybe you can add Litecoin to that list, as it becomes de facto established, but I still see LTC more or less as a clone of BTC.
All the other coins are SHITCOINS in my eyes, made to play the hot potato game and to rip off other greedy people. Don't get me wrong. I think it is important to experiment with new altcoins, to create new ones, to test every variety of configs and algorithms and see how it works. So people can learn. For example to see that CNC's block target is far to short to be a useful coin. And maybe it is even necessary to beginn to trade these experimental coins so it becomes clear how and if they can be used, which advantages they may have or not. BUT, I see many guys creating quick and dirty altcoins, just to start a new wave of greed and a new ponzi scheme (like richcoin, sexcoin and all that shit). And these people and their coins suck so bad.
So I started my ingore program. Every forum user who announces such a shitcoin, which Xk premined coins and no new use will be ignored by myself...
What do you think about this?
- Namecoin (Offers a Domain Name System - thats really new and worth something)
- Devcoin (Has the idea of creating a way to fund open source programmers)
- Freicoin (Tries to change the economy by creating a demurrage currency, has a strong and publicly exposed dev group)
- Ripple (Totally new concept, potential and venture capital from Google, but not a real altcoin)
Maybe you can add Litecoin to that list, as it becomes de facto established, but I still see LTC more or less as a clone of BTC.
All the other coins are SHITCOINS in my eyes, made to play the hot potato game and to rip off other greedy people. Don't get me wrong. I think it is important to experiment with new altcoins, to create new ones, to test every variety of configs and algorithms and see how it works. So people can learn. For example to see that CNC's block target is far to short to be a useful coin. And maybe it is even necessary to beginn to trade these experimental coins so it becomes clear how and if they can be used, which advantages they may have or not. BUT, I see many guys creating quick and dirty altcoins, just to start a new wave of greed and a new ponzi scheme (like richcoin, sexcoin and all that shit). And these people and their coins suck so bad.
So I started my ingore program. Every forum user who announces such a shitcoin, which Xk premined coins and no new use will be ignored by myself...
What do you think about this?
"My BFL just arrived , but it was a jalapeno , but not a very hot one , so I thought I'd take some anger out on the forum , while I think about how between BFL , the say 14 guy and the company , they own about 70 to 80 % of all Bitcoin "
