Topic: Locking Heavily Premined Coin Threads? (Read 1926 times)

 What next? Exile maybe for those that disagree with the wishes and desires of the few chosen ones?

 Where are you coming from?

 Okay, seriously though:

 Obviously you have not done anywhere near enough due diligence (research into various cryptos) of your very own to even make such a critical statement. Have you? Really? Have you?

 Please do plenty of research first, as in much time studying, reading, learning all about these crypto-commodity-currencies, and inquire to all the various top crypto types through the various means before ever making such an outrageous statement.

 I doubt most seriously you will like what you learn if you follow my suggestion here.


  I understand though. There is far too much FUD, as well as disinformation and misinformation in these parts for anyone to get quickly mislead and want to improve the situations at hand. I don't blame the OP, I really don't.

 But it burns my butt to think that the OP believes that maybe bringing out the torches and pitchforks to those that don't measure up to his liking is justified. Maybe I am just a bit more than a little sensative to such suggestions. Much like forcing certain crypto's off of say Cryptsy.com for instance!

 This isn't Nazi Israel.

 Nor Nazi Germany.

 Nor Nazi USSA.

 Not yet anyway.

 And I for one don't cower nor waver. Nor do I not defend what I damn well please to defend!

 Unlike the many chicken hawk draft dodging cowards (and other types) in government, and in the military industrial war machine racket, and elsewhere for that matter, whom all demand Security over any and all Liberties and Freedom's, much less anyone daring to  having any so called Rights at all. And of course they could care less about anyone but themselves and their own selfish, self serving needs. But enough of my own ranting...

 Yea, I am a bit sensitive to Censorship. Okay? Good. That's settled.

Of course no one has or had any Rights all along in the good ole USSA, when in fact it goes like this:

 When one needs their rights the very most one finds out that they were all mere privileges, and are quickly taken away the very second one needs them the very most. 2006 A.D. In the entire 1st Western World of Ours today. Much the same in the distant past right here in the good ole USSA. And no, I am not unpatriotic. Quite the opposite. But I charish the Constitution and Our Bill of Rights. And don't think of them as something to wipe my butt clean with like so many others that are traitors to the very thing their sworn to defend from all enemies, foreign and domestic!


George Carlin -Rights and Privileges
========================
go to the 7 minute mark in this video:
https://www.youtube.com/watch?v=gaa9iw85tW8


 And now we have someone suggesting what?

 "...staff should lock all heavily premined coin threads in order to protect new members from being scammed?"

 Well, as I said, I don't blame the OP. It's kinda obvious he meant well. Really, I believe he had the best of intentions. I really do. And had only well meaning intentions. Just what I can sense from his words and the way he wrote it out, and how it came across, is why I state this. Or at least on the surface that is my 1st instinctive thoughts on that statement of his. I want to give others the benefit of the doubt. That they (he the OP) didn't realize the firestorm he struck with that one statement. At least with many of us.

 Thanks but no thanks. We're all Grown Ups here. Or at least supposed to be. Maybe much more due diligence is in order. But I do realize time is the most precious of all commodities. And fortunately or not I have a tremendous edge on most concerning time and never getting enough sleep.

 Yes, Scam artists are a dime a dozen around here. Just like they are in our broader general society. We are merely a direct reflection of society here in Crypto-ville. Nothing more, or less. BEWARE. BTW: That's exactly why I sign all my posts exactly the way I sign them. (As a warning to others to beware of anyone and everyone else when it comes to MONEY & ASSETS, such as Crypto-Commodity-Currencies).


 Hint: Bitcoin Mints Its First Billionaire: Its Inventor, Satoshi Nakamoto
http://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamoto

 What's the biggest 'Insta-Mine' ever? Well didn't that just get pointed out above in the Bitcoin link? Of course there are many other references but it's not my job to keep re-posting those everywhere and do others due diligence for them!

 And that from something that doesn't even remotely resemble any type of 'insta-mine' at
all when one looks here: http://cryptometer.org/bitcoin_90_day_charts.html  

 In other words things are not always exactly as how they seem to be.

IE: Don't dare take anything at face value in this 2nd Gilded Age of Greed & Fraud.

RE: http://cryptometer.org/index.html

 



Caveat emptor - let the buyer beware!

+1

Can we just have more laws and more rules please?  Life is so much easier then.  New regulation passed: All moron's are to be locked up and/or executed.
Looking at society as a whole today, I constantly wonder why we are not still using only stone tools and have no wheels.

dident dodge have a crazy low star diff ?

newbies will soon lost all their money.

phase 1 happened smoothly with DOGE, Quark
phase 2 is commencing with DOGE retarded rivals, Earthcoin etc...
phase 3 before end of January will have made every newbie without any money for those coins to exist.

too bad they arent listening.

RE: Moderation

EDITED:

 All these clowns that scream out in self serving fashion for moderation, or banning, or elimination are absolutely no different than the Evil Criminal International Banking Cartel.


 They all want and demand the very same thing: Exclusivity. To eliminate competition. For self serving wants.
====================================================================


 Sure some come with good intentions, and are well meaning. Okay, but...

 So go get a job, donate all or much of your earnings to others. And sleep better as you please. But quit demanding everyone else do what you preach while your sitting their on your high perch throwing rocks from your glass house.


 This isn't a dictatorship, nor a communist, socialist, nor fascist undertaking.
===============================================


 As for Premine's and Instamines: EVERY coin suffers from one or the other. In no way shape or form does it make it 'rightly so' for early adopters to benefit extraordinarily more than those that come after. Sure we can rationalize and make sense why early adoptors deserve a bit more, but how much of a bit more, exactly how much more? What? Now we have to have our own task forces determine such a thing? Or get everyone's vote? Get Real. It is what it is. Accept it or don't. Like it or not this is how the world works. Some earn more than others. Some take more than others. Some receive more than others. That's just the way it is.

  Let's be real. Only those coins that don't get ever more difficult to mine as time goes on (NO Coin does that) is purely of sainthood. And their few an far between. In fact I doubt anyone can even guess which coins are the most fair!

Hint: cryptometer.org - Historical Mining Rate Production Charts http://cryptometer.org/index.html
        Bitcoin Block Explorer - Blockchain.info http://blockchain.info/
        Block Explorers for ARG, CYB, DGC, SRC, SBC - http://cryptobytes.info/chains
        CryptoCoinExplorer.com - For many Crytpto-Currencies here http://cryptocoinexplorer.com/

 So just toss out these well camouflaged self serving socialist/communist/fascist concepts that others are suppose to work for little or nothing, while clowns that demand Exclusivity forever onwards can rush in and do next to nothing for larger gains if only they show up before others.


 It's called Capitalism. But it seems there are really precious few ethical Capitalists in this world today!
================================================================


And few if any of these clowns that scream and rant over the internet concerning certain Pre-mine's and Insta-mines but not other ones are neither capitalists, nor serving anything but their own flavor of self serving bullshit.

 Many coin types have endured all kinds of lies, slants, and other half truths, twists of logic, and demands from others that their not good enough. It's obvious to know most of these sources claiming such crap are full of shit far too often. And when not their double standards are glaringly obvious. Not to mention their all too often extremely subjective slants and slights.

 Sure a minority of crypto's are not worthy. Okay, mention them. List them. Make a list. And BACKUP your comments with FACTS, and References, but not merely half truths and self serving data designed to misrepresent the whole truth, the entire truth. Otherwise your even worse than the evil Banksters.

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*Disclaimer: How I am going to represent Bitcoin below is not my beliefs. Nor is it my intention to smear Bitcoin. But instead a glaring example of the very point I am trying to get across to those that demand Command, Power, and Control over everything, and everyone else for that matter.

 *I fully and strongly hail the King: Bitcoin, and it's genius behind it. I always will. It gave birth to this Crypto Monetary Revolution. We all owe everything to Bitcoins creator(s) for that, and to Bitcoin itself. That said here goes:
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 Case in point: Bitcoin and Satoshi is alleged to own 980,000 bitcoins, or about 8% of all bitcoins mined to this very day! Wow, imagine that! What a ripoff! A shitcoin if there ever was one right? Talk about an unfair advantage! And gaming the entire system! No? Well what? A double standard then?

  If it's perfectly acceptable for the genus to do so then anyone that copies him surely is on the very same grounds considering hardly a soul will give the same credence to such copies. Right?

 After all Steve Jobs claimed that 'great minds create masterpieces, and that good minds merely copy them'. So there's a semi-quote from a genus, yet a control freak that I myself never supported because of his all too centralized controlling nature, not to mention his very level of greed. But in the scheme of things he is everything Bill Gates isn't, and visa versa. Nothing wrong with either of these geniuses. They offered great products/services and got handsomely rewarded for doing so. Same for Bitcoin, and all it's copies that succeed in the marketplace.

 Now on to the bitter irony:

RE: Video: Satoshi has how many Bitcoins? https://www.youtube.com/watch?v=AWtNeaZxT54
============================================================

Bitcoin Mints Its First Billionaire: Its Inventor, Satoshi Nakamoto
========================================
http://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamoto

Satoshi ‘s Fortune: a more accurate figure
=====================================================
http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/


  *(For those that defame, slander and merely conclude that other pre-mined and insta-mined coins are not worthy:
     list your references and/or explain in detail from now on or be labeled as merely a self serving clown at best).
          Case in point would be labeling some crypto subjectively, out of context, or wholly/partially inaccurately.


 So, Just after release Satoshi insta-mined the bit-shit out of bitshit, and well before 99.99999% had a clue anyone could even mine Bitcoins at all. So are we all suppose to run away from Bitcoin because it's creator(s) demanded to be compensated for what clearly must be far too much? (BTW: Again, This isn't what I believe, but instead a mere reflective point of view).

 After all Satoshi is closing in on 1 Billion Dollars worth of bitcoins in just Satoshi's hands, and if Satoshi were ever to dump any larger numbers of those it would completely collapse bitshit? Right? And soon should Bit-Shit keep rising greatly in value well Satoshi could end up the wealthiest person(s) in the entire world! That can't be right can it? (BTW: Again, This isn't what I believe, but instead a mere reflective point of view).

 See here: If Bill Gates and Steve Jobs came to the table with offerings so well received that their product or service was overwhelmingly well received then their very offerings do indeed make them deserving of their capital gains. They produced something real. Tangable or not, they were extremely well received. It will or wont be the very same thing for any or all these Crypto-Commodity-Currencies.

 And given this same reflective point of view: we wouldn't want anyone, not even the creator of Bitcoin and this Crypto Monetary Revolution to dare to have such a luxury of wealth, nor ever able to earn their way in this world by offering such a grand and noble thing as Crypto to the entire world now would we? (BTW: Again, This isn't what I believe, but instead a mere reflective point of view).

  At least not when all these do-good'er types (Example: Communists, Socialists, Fascists, Libertarians, Democrats, Republicans, etc.) scream out that these other choices are unfair offerings, and well lets surely not forget about the king and creator of bit-shit! O wait, that's right, we're all suppose to hail the King of Crap. (BTW: Again, This isn't what I believe, but instead a mere reflective point of view).

 And after all our present Masters of this world: The Owners (shareholders) of our very own criminal International Banking Cartel could be damaged by dare I say: Competition. Which btw is obviously why Satoshi created Bitcoin in the first place!
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 Personally I fully and strongly support Bitcoin, I always will. Bitcoin marks a turning point for Society and Mankind at large. But I had to make the points above to get the whole jest across, and surely someone out there believes what I just wrote above, sadly. Likely the criminal Banksters themselves almost surely do as well; and that's to be expected of psychopaths/sociopaths such as the evil Banksters and their ilk certainly are.

 I needed to point out some of Bitcoins weaknesses to best get the message across that we all have weaknesses, and frailties. So too does Bitcoin. But it hails as a vastly superior form of monetary issue, a tremendous improvement over the criminal monetary monarchy that is the International Banking Cartel today. And with such vast improvements in efficiencies and gains for everyone that Bitcoin and all it's kind will truly usher in for all of us here now, as well as future generations, enormous monetary gains from which we can merely estimate today.

 Yes this will slowly dissolve the wealth, thus the command, power, and control, of the International Central Banksters, that they receive from their debt based usury fiat loaned to all of us at said usury interest into perpetuity. Hurray! For that alone Satoshi deserves all the wealth that Satoshi can create for himself(s). And so do others that also succeed along with Satoshi in this crypto-commodity-currency marketplace.

  We all need to earn a living. Some of us more so than others. Some of us clearly earned more than others. Satoshi is clearly one that earned more than anyone now living to date for offering such a revolutionary masterpiece as Bitcoin truly appears to be. Today like in the past some are not paid nearly what their worth. That too needs to change. But first we have to slay Goliath. And Goliath is the International Central Banking Cartel. Step One to end this monetary insanity is to END THE FED. At least for the USA. Much the same in other countries worldwide. Without Step One we wont progress as a society into anywhere near what we can someday become.

 I wont eliminate any Pre-mine or Insta-mine from my own extremely diverse and ever expanding yet relatively small crypto portfolio unless I personally see fit to do so. Not simply because the creators of other crypto's wanted what Satoshi himself demanded! If their offering(s) capture my attention and speculative monies than they earned it. Nothing more needs saying. When and if I decide to stop holding those types of Crypto's only then will they lose my support. No one here can sway my beliefs to date even though many attempt to do so and with mostly what appears to be nothing less than shameful self serving thoughts.

 The OP like so many others are screaming out foul for their very own agenda's, or because they really don't quite understand how this world truly functions yet. Thus why I am writing this retort. I hope to share somethings that maybe they don't quite yet comprehend so well. Although surely some of them are extremely well intentioned, maybe even the OP for that matter; yet even then it's at the very same time possibly captured in self serving double standards and duplicity, maybe even under the best of intentions. Or at least it can easily be viewed as such by others. It sure is by myself. And again, hence this retort.


  Or, In other words your all behaving as nearly as badly as the Banksters who demand ONLY THEIR CURRENCY be adopted.
==============================================================================

 Your desire is eliminate all other crypto-monetary competition that you deem unworthy, and likely you own other issues which would gain greatly should others fail. Hence Shameless Self Serving acts abound.

 It's that very competition that makes possible true CAPITALISM. And without accepting all comers YOUR NO CAPITALIST at all. At least not yet OP. But at least it appears your at least trying to be one. And that's far better than most these days!

 This Monetary Revolution is about real Freedom, true capitalism, real free markets. Damn the others to Hell. And it's up to all of us to decide what is what, and which is to be favored. Not a select few. Not the appointed. Not merely a few elected. Not Hit Squads, Not Regulators. But instead all of us, independently, and of our very own free will.

 It's the Intelligent Revolution. Fools be damned. And just like Capitalism it's all about Natural Selection.
=================================================================
 (the strong favored over the weak, just as it is in nature, the way it must be for things to work, but society still must care for it's weakest or we're not at all civilized at all yet).

 I realize that is all scarey to those unfamiliar with it. At least for the Communists, and the Socialists, and the Fascists too. Not to mention the Democrats, Libertarians, and Republicans, etc...

  In fact it likely scares the bit-shit out of everyone but the Anarchists. And it just goes to show that even the loony, lonely Anarchists get some things correctly, just like those flawed Libertarians. In fact both get many things correctly. Just as every political group does. But none of them get's everything anywhere near correct to date!

================
 It's called Due Diligence:
================
 It's time everyone learn and practice Due Diligence so never again do we suffer under the hands of a tiny select wealthy ruling elite that demands Command, Power, and Control over everything and everyone through the exclusive issue of the supplies of monies, let alone loaning said monies at usury interest into perpetuity to all us unsuspecting fools/economic slaves.

============================================================================
 If the OP and others really want to change things for the better then I highly suggest protesting Western Central Banking.
============================================================================

 After all your not going to be able to protest Communist Bankers in China!
 And soon likely not able to even protest Western Central Banking either, that is if they get things their own way. Best hurray up!

 Flashback: Wait, the jack boot thugs upon orders from their mayors, governors, Homeland Gestapo, and all the way up to the FBI and Whitey House coordinated and demanded that the END THE FED and OCCUPY PROTESTS both be stomped out. Well they were. So see? No? Well here:

 WE DON'T GIVE A SHIT about anyone's good intentions.

  And all these clowns here screaming and ranting about their demands for certain coins to be frozen out are not merely on a slippery road, but already back on the road to Hell on Earth. Which by the way is where we all already are. And why this Monetary Revolution was called for in the first place, just in case you forgot or were not aware.

 So if the reader and that OP don't like other coins fine. Mention why if so desired. No one is stopping you to do so here. And by all means after your done scooping up all the coins you yourself do desire then share those thoughts with everyone else so your own speculative endeavors may receive the maximum advantage and gains, not to mention valuable feedback on your choices. Yet instead almost all these do-gooder's refuse to display what crypto they support, but instead only what their against while ranting away against certain types of Crypto. Why do such a silly thing as that?

 And lastly: By all means donate your entire salary, bonuses and retirement to charity, or at least a sizable share. After all maybe you too can be one of God's angels if only you do so. Right?

 Communists, Socialists and Fascists are the worst! But every last Crooked, Criminal, Crony Capitalist are just as Evil.

 But at the same very exact time it's true Social Democracies built upon all the above mentioned and more that makeup true Capitalism. And that are so far proven to be the only viable longer term solutions, yet their not perfect either.

 Sadly there are none of those described utopian Social Democracies quite yet. But at least a tiny few genuinely try to be so. To date countries modeled after Norway would come closest (hint)! Everyone else needs to fall in line if their to be taken seriously as truly civilized.

 Then again: I don't go around demanding that any Communists, Socialists, nor Fascists be rounded up, locked away, and then eliminated for the greater good. Same for today's American Democrats, Libertarians, and Republicans for that matter!

 In other words: Thanks, but NO Thanks! And hence how I sign my messages in this Crypto Monetary Revolution:
=======================================================================


Caveat emptor - let the buyer beware!

Aye

+1

this is why 99% of altcoins will fail.

Moderation and approval is basically censorship.  We don't need any padded rooms around here.  How could you trust a "moderated" and approved board?  What about when some kind of scam does make it through, do you blame besides the mods?  Who would be the judge?  Then they have a motive to be bought out as well.  At least with the real-time, no-approval system here, you can be the judge of what's right and wrong based on the criticism of the community we have here.  And most are quick to call scam, from what I have seen.

Well we just go to Hazards Blog and do the opposite no? 

Understanding the OP, coins such as Catcoin should be allowed (because no premine) and coins such as Nxt and Ripple should be banned (because 100% premine). While I'm not convinced that any of the above are legitimate, that seems kind of arbitrary.

lol at the people complaining about censorship. It's like I just suggested that mods block all posts that contain the word "elephant", or something equally as ridiculous. You guys crack me up! Are you seriously defending scammers? First of all it's not censorship, it's called moderation. Censorship would prevent a post from arriving until that post was approved by staff. Secondly, a lot of you are talking about standard alt coins, or alt coins that have a little pre-mine for giveaways. I am talking about very heavy premine (or very heavy instamine/both). I saw a coin launched yesterday with 8% premine and that money was "for the dev".

It's nice that usually the first few pages are littered with people posting in large bright red bold text stating that the coin is heavily premined, but the problem is a lot of newbies only read the first page and take it from there. They may scroll right down and make a post in the quick reply and look at posts after their post, but often miss the posts from members warning others on the first few pages.

i agree with this statement 100%.  There is enough information and criticism in this community to be well informed before making any purchase decisions.

There won't be any locked or deleted threads on this forum for such reasons , and there are a few far more dangerous than scam coins.

It's possible to premine in a way that doesn't concentrate most of the coins in a few hands, although I've never seen this implemented. Use the following idea or some variation:

https://bitcointalksearch.org/topic/m.4109558

+1000. Let's censor everything to protect children newbies from terrorists scammers.

PS: the OP obviously didn't read what he wrote.

I see, thanks. Since I'm new, I have a hard time detecting scammers and it makes me paranoid. I'll figure it out sometime I guess.


This is what put me back with this new cryptocurrency: we are all anonymous, so at which level can we trust eachother with money?

Market instability. If only a few people own almost all the coins, that doesn't inspire much confidence. They can hype the coin, then dump it at a profit, leaving the gullible investors with a loss. How much trust do you have in an anonymous person?