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Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 4. (Read 176699 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I wonder how long it will be until Duffield, Moncada, and Boo land in court.

fify
legendary
Activity: 882
Merit: 1024
I wonder how long it will be until Garza lands in court.
legendary
Activity: 1064
Merit: 1000
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.)

Outed for running a scam crypto "news" site and using it to shill their premine

https://www.reddit.com/r/Bitcoin/comments/3g1rpx/mad_bitcoins_on_twitter_the_truth_behind/





This seems to a pretty common tactic, if a "coin creator" can't bribe or otherwise get cryptonews sources to publish PR about them, they simply create a "news" site to perpetuate the scam. reddcoin did it with coinbrief, I am sure there are many more examples others can list.
hero member
Activity: 1540
Merit: 500
1 - Make Exchanges Regulated - I blame them 101% for listing all these scams because they're greedy and playing big role in it
2 - If Altcoin isn't over 6-12 months old they shouldn't be on any EXCHANGE. Once they've proven that they deserve to be listed on an exchange only then they should be listed.
3 - For first six months Dev needs to set up their own website on their server and allow people to buy their altcoin with Fiat NOT BTC. Every scam that enters hurt BTC price because people swap their BTC for these shitcoins and then scammer sells all those Bitcoins for Fiat.
4 - Once Dev is delivering and project is moving upward it can be listed on an exchange where it can have pleasure to be traded with Big Boss (BTC).
legendary
Activity: 2968
Merit: 1198
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.)

Outed for running a scam crypto "news" site and using it to shill their premine

https://www.reddit.com/r/Bitcoin/comments/3g1rpx/mad_bitcoins_on_twitter_the_truth_behind/


legendary
Activity: 2044
Merit: 1005
Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!


Can you please provide some facts demonstrating that CIRC isn't a scam, rather than a brief statement which leaves readers to take your word for it?

"Oh hey they said "CIRC IS NOT A SCAM!!!!!" over on bitcointalk, so imma go with that."

How about asking unusualfacts30 to prove its a scam after posting nothing but "add this this and this to your list"

Maybe check Circuits out for yourself too.
If you're lazy thats ok. I'll point out what circ has going for it.

-strong community
-strong markets
-best wallet in crypto
-very active devs both on the forum and in the slacks.
-whales lounge
-traders lounge
-in wallet trading bot coming
-in wallet casino coming
-in wallet audio and video


Im sure im missing some things here but you get the picture.






meh
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!


Can you please provide some facts demonstrating that CIRC isn't a scam, rather than a brief statement which leaves readers to take your word for it?

"Oh hey they said "CIRC IS NOT A SCAM!!!!!" over on bitcointalk, so imma go with that."

How about asking unusualfacts30 to prove its a scam after posting nothing but "add this this and this to your list"

Maybe check Circuits out for yourself too.
If you're lazy thats ok. I'll point out what circ has going for it.

-strong community
-strong markets
-best wallet in crypto
-very active devs both on the forum and in the slacks.
-whales lounge
-traders lounge
-in wallet trading bot coming
-in wallet casino coming
-in wallet audio and video


Im sure im missing some things here but you get the picture.





legendary
Activity: 924
Merit: 1129
CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!

Aw, come on.  It's an altcoin.  How can it not be a scam?
hero member
Activity: 966
Merit: 1003
Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!


Can you please provide some facts demonstrating that CIRC isn't a scam, rather than a brief statement which leaves readers to take your word for it?

"Oh hey they said "CIRC IS NOT A SCAM!!!!!" over on bitcointalk, so imma go with that."

It is backed by respected bitcointalk members, such as Bobsurplus.
legendary
Activity: 1064
Merit: 1000
Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!


Can you please provide some facts demonstrating that CIRC isn't a scam, rather than a brief statement which leaves readers to take your word for it?

"Oh hey they said "CIRC IS NOT A SCAM!!!!!" over on bitcointalk, so imma go with that."
legendary
Activity: 1148
Merit: 1000
Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!
legendary
Activity: 882
Merit: 1024
yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.

Clam could have very easily had a pre/ninja/instamine if the developers (who set the cutoff date), created a shitload of dust addresses in doge, ltc, or btc blockchain. It probably would have cost them less than a penny to create thousands and thousands of doge addresses above the dust limit. I think it's a pretty poor distribution model.

I thought the point of this thread was to carry out 51% attacks on the shittiest of the shitcoins just to rid them from the earth.  Not to shout about this or that person's distribution method.  From what I can tell, CLAM seems to actually have a fair number of miners/users---probably mainly because of just-dice---but in either case it seems like it hardly qualifies as the daily pum-n-dump coin that's all too common.

I don't think Clams qualifies as something that should be cleaned up or hardforked and I doubt that you could hardfork it even if you wanted to. It's only really theory to say that they would have unfairly benefited from the distribution and has done well in both price and development anyways so I think it's a moot point.
legendary
Activity: 1456
Merit: 1078
I may write code in exchange for bitcoins.
yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.

Clam could have very easily had a pre/ninja/instamine if the developers (who set the cutoff date), created a shitload of dust addresses in doge, ltc, or btc blockchain. It probably would have cost them less than a penny to create thousands and thousands of doge addresses above the dust limit. I think it's a pretty poor distribution model.

I thought the point of this thread was to carry out 51% attacks on the shittiest of the shitcoins just to rid them from the earth.  Not to shout about this or that person's distribution method.  From what I can tell, CLAM seems to actually have a fair number of miners/users---probably mainly because of just-dice---but in either case it seems like it hardly qualifies as the daily pum-n-dump coin that's all too common.
legendary
Activity: 2982
Merit: 1102
yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.

Clam could have very easily had a pre/ninja/instamine if the developers (who set the cutoff date), created a shitload of dust addresses in doge, ltc, or btc blockchain. It probably would have cost them less than a penny to create thousands and thousands of doge addresses above the dust limit. I think it's a pretty poor distribution model.
legendary
Activity: 2758
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.
legendary
Activity: 882
Merit: 1024
Spoetnik suggested in another thread about some kind of super-dox thread where peoples pictures are associated with their alias's.

What are your opinions on this?

Also, something I think the Bitcointalk forums could do is some kind of thread rating system by long-term members or do what the Gethashing forums does with their threads and if there are claims that are not being verified then they move the thread to the watchlist section.

I understand that accounts are bought and sold but I don't think that would have a big impact to rating threads.
legendary
Activity: 879
Merit: 1000
monero
yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.
hero member
Activity: 1540
Merit: 500
Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks
legendary
Activity: 1876
Merit: 1000
yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.
legendary
Activity: 1876
Merit: 1000
only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

What about premine that is used to pay for the development?

100% scamcoin.
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