The amount of scam IPO, 100% premine and shitcoins has become out of control. The time has come for to take action and am calling on some of the original old schoolers and timers to come back and end this bullshit that has done nothing good for this community.
So from today, Operation Shitcoin Cleanout and Clean Up begins.
Classing the shitcoins.
Quite frankly that decision is up to the current team and any members that want to join.
Coins that will be exempt are-Coins older than 2 years. The original pioneers of what the majority of people now here are calling new. No exemptions.
-Coins with innovation not imitation pretending to be innovation.
Coins not exempt are-Clones not older than 2 years If you cloned another coin and just changed the rewards, your on the list.No exemptions.
-IPO coins.
-Premine grater than 1%.
-Devs that have no idea on what their coin is or how it works.
-Fake coins or coins that clearly have no intention of development.
To make it easier I will start this list of coins/services that seriously need to be checked for legitimacy.
Bytecoin (BCN) - First cryptonote, lots of fancy new features, but with 80+% premine, seems shady as shit. (Also, such a huge concentration of wealth can apparently break the anonymity afforded by ring signatures.)
Guldencoin (NLG) - 10% premine supposedly to be distributed to Netherfolk, but now changed into a premine slush fund for funding whatever projects dev feels is appropriate.
Trestor (
) - Completely premined scam with 100B total coins that they're trying to sell for $0.01 each, for instamarketcap of $1B.
X-coin/Darkcoin/Dash - Yes, has added some features, but I think instamine of 10% of all coins/50% of currently available coins in first day or two were mined outweigh the (questionably effective) anonymity schemes. I mean, if you have to change your name several times to try to sever ties with your sordid history...
H20 coin https://bitcointalk.org/index.php?topic=494229.0;all
Likely the worst launch in history. Dev raped a ton of BTC to fail release a broken client. Hash rate low due to no value.
Greececoin-
https://bitcointalksearch.org/topic/ann-greececoin-grce-mining-pool-needed-block-explorer-bounty-available-516955 50% premine,
No Greek Client, No Greek site, No nothing. Coins are worthless.
UK Coin-
https://bitcointalksearch.org/topic/annshaukc-ukcoin-for-uk-citizens-financial-freedom-the-from-the-pound-519571Unofficially Dead.
Spaincoin https://bitcointalksearch.org/topic/annspa-spaincoin-freedom-for-spain-airdrop-ended-last-coins-destroyed-500511Another IPO premine scam coin.
Auroracoin https://bitcointalksearch.org/topic/annaur-auroracoin-a-cryptocurrency-for-iceland-446062Bothced distribution statistics and a dumping dev. One of the great premines in crypto history.
Argentum
https://bitcointalksearch.org/topic/annarg-argentum-fast-optimized-unique-innovation-0-orphans-231524Created by Baritus under alias. Devs dissappear, Baritus picks up the coin and premine. Just another notch in the belt of Baritus.
Securecoin
https://bitcointalksearch.org/topic/annsrc-securecoin-a-fast-and-secure-version-of-bitcoin-2013-270852Launched and promoted as an innovative alt, secure coin was actually just another boring clones.
Salon Coin
https://bitcointalksearch.org/topic/annsalonsaloncoinpowpos-5-days-mining-59764410% premine, nuff said.
ADT2.0
https://bitcointalksearch.org/topic/ann-androids-tokens-v20-proof-of-stake-440353Premine after premine now sits with bad code, poor support and low hashrates.
Gameleague Coin
https://bitcointalksearch.org/topic/anngameleaguecoingmlposlist-on-bittrexbterpoloniexgame-version-updated-59577920% premine, gtfo.
Chakracoin
https://bitcointalksearch.org/topic/chakracoin-ckc-fair-free-distribution-pure-pos-join-community-597786100% premine POS.
Europecoin
https://bitcointalksearch.org/topic/annerc-europecoin-only-pure-pos-next-to-fork-bittrex-sharexcoin-594797IPO premined crap.
CAIx
https://bitcointalksearch.org/topic/caix-first-100-pos-at-launch-psp-513613Swapping a coin for a 100% premined scam.
A3Coin
https://bitcointalksearch.org/topic/annipoa3c-a3coin-the-real-free-coin-100-pure-pos-fair-586924Bad coin
Sunflowercoin
https://bitcointalksearch.org/topic/ann-sunflowercoin-pure-pos-free-fair-multipool-launch-594870premined crap.
Information Coin
https://bitcointalksearch.org/topic/ann-pure-posinformation-coinitc-fairfree-distribution-new-thread-578723premined pos.
Asia Coin- relaunch thread.
https://bitcointalksearch.org/topic/ac-asiacoin-pure-pos-100-interest-595999Biggest scam premine in history hidden in the code.
WebsitesCoin for Money
https://bitcointalksearch.org/topic/earn-money-coinformoneycom-create-your-own-crypto-247-livechat-522200Coin Creator
https://bitcointalksearch.org/topic/edit-450543Want to help?
1. Remove all buy orders.
2.Post in their threads reminding them that its time for the shitcoin to end.
3. Let them know via social media you are joining the revolution against shitcoins.
4. Do not promote these coins in any manner.
Artistic banners on the fight against the shitcoin that are made will be added to the OP for all to put in their signatures.
First T-shirt that someone makes that I can buy online about this I will buy a copy and put the post in the OP.
Follow the progress on Twitter
https://twitter.com/Endscamcoins