Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 50.

mgburks77

sr. member

Activity: 364

Merit: 250

http://www.coindesk.com/reddit-ceo-thinks-world-dogecoin-slams-crazy-bitcoiners/

Quote

“Without being too inflammatory, the user base for bitcoin is basically crazy libertarians who are increasingly poorly informed about currency systems and macroeconomics.

I say ‘increasingly’ because at one time it was fairly well-informed libertarians but as the currency has become mainstream, it’s attracted more poorly-informed individuals and the conversation have become more polarized and less knowledge-based, driving the well-informed and balanced people away, or at least prompting them to recede into the background.”

Quote

“[Dogecoin] has all the features of bitcoin – technologically speaking – but frees itself from the libertarian culture of bitcoin that turns off so much of the mainstream.”

It's official, the "bitcoin culture" drives users to altcoins, which are the future.

Mad Scientist

full member

Activity: 223

Merit: 100

Quote from: illodin on March 27, 2014, 01:59:28 PM

Quote from: Mad Scientist on March 27, 2014, 01:46:07 PM

You guys better sell yer Bitcoin Shitcoins before yer left "holdin' the bag".

In the process of getting ready to move most to fiat for a while. Will probably pull the trigger when the news stories start coming in. Good or bad move? Huh

Well, Bitcoin has dropped to 480 as I post this. The Bitcoin threads are all saying "great time to buy" like they always do when the bottom drops out.

Pick the price where YOU would get back into the bitcoin market, and then it reaches that price, get back into the market.

I guarantee you the "Old Timers" here who bought in when Bitcoin was $0.01 have no better Idea than you or I of when it'll stop dropping and when/if it goes back up.

jayman

member

Activity: 70

Merit: 10

Quote from: woetohice on March 27, 2014, 09:22:15 AM

Quote from: benjyz on March 27, 2014, 05:14:25 AM

a whitelist/blacklist should be managed by consensus, not one guy / exchange ( => corruption).

You're missing the point. If it were managed by consensus, how are the extortionists running this "Operation" going to get their money?

This whole thing has NOTHING to do with cleaning up shitcoins. It's about scamming people out of money. Scam coin creators like the OP clear out the competition. Pool operators get sheep to DDOS competitors. And the extortionists collect their "registration fees."

It's not about cleaning up anything. It's about criminals working together to expand their enterprise and conning fools into doing most of the work for them.

dewdeded

legendary

Activity: 1232

Merit: 1011

Monero Evangelist

Is this "operation" doing anything or just lame talk?

illodin

hero member

Activity: 966

Merit: 1003

Quote from: Mad Scientist on March 27, 2014, 01:46:07 PM

You guys better sell yer Bitcoin Shitcoins before yer left "holdin' the bag".

In the process of getting ready to move most to fiat for a while. Will probably pull the trigger when the news stories start coming in. Good or bad move? Huh

Mad Scientist

full member

Activity: 223

Merit: 100

You guys better sell yer Bitcoin Shitcoins before yer left "holdin' the bag".

micryon

full member

Activity: 154

Merit: 100

Quote from: r3wt on March 27, 2014, 12:21:47 PM

one thing to consider, which of these coins have working testnets? either as a built in option by setting the --testnet flag, or a separate repo branch to get around any technical hurdles of the defacto testnet mode. IMO, if the developer went to the time to atleast implement testnet, it might not be a pump and dump.

I took the trouble to bring up testnet for Planetdollar.

Mostly because I needed to test the FB claim capability ahead of launch, and this was the best way to do so without impacting the "realnet"'s blockchain. So yeah it's pretty useful, and seeds can run on the same nodes as the realnet seeds..

That said, i still feel it's really dangerous even touching the coin after launch.. and frankly i'd rather not do it unless absolutely necessary. Instead i think it's more interesting building web services around coins.. that's the only real way to monetize your efforts anyhow. There's not a lot of money in coin developing...

YarkoL

legendary

Activity: 996

Merit: 1013

Nearly all coins have testnet option (since it is in the original source) and a few of them have actually mined some testnet blocks while testing connections as per Shakezula tutorial.

More serious devs have even changed the testnet address byte from the default 111 (=m).

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: r3wt on March 27, 2014, 12:21:47 PM

one thing to consider, which of these coins have working testnets? either as a built in option by setting the --testnet flag, or a separate repo branch to get around any technical hurdles of the defacto testnet mode. IMO, if the developer went to the time to atleast implement testnet, it might not be a pump and dump.

That's an interesting factor actually not sure how many altcoins do come with built in testnets but if they do might stand a bit more legitimacy as a currency than one without it not universal but as a guideline

r3wt

hero member

Activity: 686

Merit: 504

always the student, never the master.

one thing to consider, which of these coins have working testnets? either as a built in option by setting the --testnet flag, or a separate repo branch to get around any technical hurdles of the defacto testnet mode. IMO, if the developer went to the time to atleast implement testnet, it might not be a pump and dump.

benjyz

full member

Activity: 140

Merit: 107

Quote from: woetohice on March 27, 2014, 09:22:15 AM

Quote from: benjyz on March 27, 2014, 05:14:25 AM

a whitelist/blacklist should be managed by consensus, not one guy / exchange ( => corruption).

You're missing the point. If it were managed by consensus, how are the extortionists running this "Operation" going to get their money?

well, buyers of coins have leverage, too. I realize that few really care, but that really reflects on the structure of the forum at the moment. so anyone who comes up with a better model will be able to profit from that. the market will evolve, so that bad elements just get blocked. not that hard to do. so if 1000x bad coins exist, nobody really cares, because in the future everything will done on a neutral platform, and on that platform only reasonable candidates will exist.

LTEX

legendary

Activity: 1025

Merit: 1000

ltex.nl

Quote from: iGotSpots on March 27, 2014, 12:04:21 PM

Quote from: LTEX on March 27, 2014, 12:02:07 PM

Quote from: rgm108 on March 27, 2014, 06:28:46 AM

Still new to Crypto's but I am in a way thankful to the cleanup team. Learning a lot from these discussions

None of them has stated that they are against altcoins, just the scam one's.

Been following AUR discussions over the past few days. The dev's were warned since launch to use escrow for airdrop which I believe would have provided significant merit to the them and the coin. They chose to ignore the warning and now see what's happening. (Still on the fence on this one. Mined a few via multipool but not holding any)

Using AUR only as an example but I'm sure there are few others that need to be targeted.

-RGM

The escrow part has been discussed a lot between BCX and me (or actually, addressed by me and ignored categorically by BCX).

Basics behind the AUR DEV not participating in an Escrow solution is the main question: "Who would this be?" None of the members here can be trusted with it since they are all anonymous as well (like Dev). The only logical Escrow would be a well known publicly know figure that has the status and means to lose a lot if things get screwed up. This person, if we can find him, then has to withdraw himself from public, because for sure all the governments, banks and other criminals will go after him and his 1 Bilion cashable coins.

It's so easy to claim it's a fraud because there has been no Escrow, but if you really want that, come up with something that works (sensibly!). So far, BCX hasn't even replied to all my efforts to address this!

I would like indulge BCX and invite him to personally pick up that task. To do so, he does however needs to come foreword publicly. I will pay for his ticket and 5 star hotel if he is willing to come to Reykjavik and publicly identify himself. He can then open up a wallet and Balduro can transfer all pre mined coins there. He then has to stay reachable during the rest of the airdrop and make sure everything goes well. Hell I even pay him 1BTC a day for it!

Plenty of us are not anonymous

But who of you is willing to take up the burden then? Again, publicly, knowing you would become a sitting duck for "accidents to happen"... Huh

illodin

hero member

Activity: 966

Merit: 1003

Problem with escrow is that even then people could say that "most of the claims are by devs". Having the airdrop funds in escrow's hands wouldn't change that.

iGotSpots

legendary

Activity: 2548

Merit: 1054

CPU Web Mining 🕸️ on webmining.io

Quote from: LTEX on March 27, 2014, 12:02:07 PM

Quote from: rgm108 on March 27, 2014, 06:28:46 AM

Still new to Crypto's but I am in a way thankful to the cleanup team. Learning a lot from these discussions

None of them has stated that they are against altcoins, just the scam one's.

Been following AUR discussions over the past few days. The dev's were warned since launch to use escrow for airdrop which I believe would have provided significant merit to the them and the coin. They chose to ignore the warning and now see what's happening. (Still on the fence on this one. Mined a few via multipool but not holding any)

Using AUR only as an example but I'm sure there are few others that need to be targeted.

-RGM

The escrow part has been discussed a lot between BCX and me (or actually, addressed by me and ignored categorically by BCX).

Basics behind the AUR DEV not participating in an Escrow solution is the main question: "Who would this be?" None of the members here can be trusted with it since they are all anonymous as well (like Dev). The only logical Escrow would be a well known publicly know figure that has the status and means to lose a lot if things get screwed up. This person, if we can find him, then has to withdraw himself from public, because for sure all the governments, banks and other criminals will go after him and his 1 Bilion cashable coins.

It's so easy to claim it's a fraud because there has been no Escrow, but if you really want that, come up with something that works (sensibly!). So far, BCX hasn't even replied to all my efforts to address this!

I would like indulge BCX and invite him to personally pick up that task. To do so, he does however needs to come foreword publicly. I will pay for his ticket and 5 star hotel if he is willing to come to Reykjavik and publicly identify himself. He can then open up a wallet and Balduro can transfer all pre mined coins there. He then has to stay reachable during the rest of the airdrop and make sure everything goes well. Hell I even pay him 1BTC a day for it!

Plenty of us are not anonymous

LTEX

legendary

Activity: 1025

Merit: 1000

ltex.nl

Quote from: rgm108 on March 27, 2014, 06:28:46 AM

Still new to Crypto's but I am in a way thankful to the cleanup team. Learning a lot from these discussions

None of them has stated that they are against altcoins, just the scam one's.

Been following AUR discussions over the past few days. The dev's were warned since launch to use escrow for airdrop which I believe would have provided significant merit to the them and the coin. They chose to ignore the warning and now see what's happening. (Still on the fence on this one. Mined a few via multipool but not holding any)

Using AUR only as an example but I'm sure there are few others that need to be targeted.

-RGM

The escrow part has been discussed a lot between BCX and me (or actually, addressed by me and ignored categorically by BCX).

Basics behind the AUR DEV not participating in an Escrow solution is the main question: "Who would this be?" None of the members here can be trusted with it since they are all anonymous as well (like Dev). The only logical Escrow would be a well known publicly know figure that has the status and means to lose a lot if things get screwed up. This person, if we can find him, then has to withdraw himself from public, because for sure all the governments, banks and other criminals will go after him and his 1 Bilion cashable coins.

It's so easy to claim it's a fraud because there has been no Escrow, but if you really want that, come up with something that works (sensibly!). So far, BCX hasn't even replied to all my efforts to address this!

I would like indulge BCX and invite him to personally pick up that task. To do so, he does however needs to come foreword publicly. I will pay for his ticket and 5 star hotel if he is willing to come to Reykjavik and publicly identify himself. He can then open up a wallet and Balduro can transfer all pre mined coins there. He then has to stay reachable during the rest of the airdrop and make sure everything goes well. Hell I even pay him 1BTC a day for it!

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Quote from: ?? on ??

Quote from: LimLims on March 27, 2014, 03:01:07 AM

Would you kindly whitelist Darkcoin? It's about the furthest thing from a clone-coin. Some of the innovations developed specifically for Darkcoin:

- X11 hashing algorithm
- Darksend anonymous transfers (a decentralised Coinjoin implementation)
- Denomination of funds to improve anonymity in Darksend pooling
- Random decentralised master node selection method
- Blind signing of pooled transactions
- Costs attached to network disruption to make attacks expensive
- DarkGravityWave (DGW) -- modified version of KGW with several exploit fixes
- Limited supply determined by gently tapering reward curve

Whitepaper here: http://www.darkcoin.io/downloads/DarkcoinWhitepaper.pdf

No. Just, no. The DarkGravityWave, as it is currently written and implemented, is still vulnerable to a time warp exploit. The algorithm simply calculates difficulty in a different manner, but it does not contain 'several exploit fixes.'

I recently update DarkGravityWave and added protections against the timewarp exploit, checkout the commit:

https://github.com/evan82/darkcoin/commit/857e34d28d84a6c7d0910eb800397b5382e520f4

It's also a better algorithm than KGW, as it will react much faster and more accurately to hashrate manipulation. It's funny that I've spent 3 months for 12 hours a day working on the code and you still call it a clone, that's insanity.

woetohice

newbie

Activity: 42

Merit: 0

Quote from: benjyz on March 27, 2014, 05:14:25 AM

a whitelist/blacklist should be managed by consensus, not one guy / exchange ( => corruption).

You're missing the point. If it were managed by consensus, how are the extortionists running this "Operation" going to get their money?

This whole thing has NOTHING to do with cleaning up shitcoins. It's about scamming people out of money. Scam coin creators like the OP clear out the competition. Pool operators get sheep to DDOS competitors. And the extortionists collect their "registration fees."

It's not about cleaning up anything. It's about criminals working together to expand their enterprise and conning fools into doing most of the work for them.

shtako

hero member

Activity: 779

Merit: 502

Quote from: illodin on March 27, 2014, 08:52:54 AM

Quote from: shtako on March 27, 2014, 08:36:14 AM

There is no doubt that this is a scam.

Every coin that I missed the lunch is a scam from now on.

Sorry. The blockchain dont lie. You will find the numbers i quoted there.

dewdeded

legendary

Activity: 1232

Merit: 1011

Monero Evangelist

The word "scam" lost its meaning anyway. Everything is a scam now.

People get called scammers for charging 1% markup on legitimate services, where they add value and so on. Every new project or website is called scam anyway, no matter who released it or what is on.

illodin

hero member

Activity: 966

Merit: 1003

Quote from: shtako on March 27, 2014, 08:36:14 AM

There is no doubt that this is a scam.

Every coin that I missed the lunch is a scam from now on.

Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 50. (Read 176874 times)