Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 70.

Infectiphibian

newbie

Activity: 112

Merit: 0

Quote from: Nxtblg on March 23, 2014, 10:34:51 AM

Quote from: majorminers on March 23, 2014, 08:35:49 AM

It seems to me that many people who have been getting their fingers burned have probably learned....

Maybe it would be more constructive to create educational threads that teach people why it's bad to support certain coins and launches, how to long out for scams, etc etc.

Just my two cents Grin

That's a great idea! Forgive me for sounding like Dr. Phil, but a "Bagholders Anonymous" thread would be great to wise everyone up. A thread where people who have been stung explain how they got sucked in, why they got taken advantage of, and what the "earmarks" of a pump-and-dump are.

Myself, I haven't been stung by a pump-and-dump: too many years being slapped around by the penny-stock market have left me too wary. So, the only anecdotes I can kick in would center on penny stocks.

"Hello, my name is Infectiphibian. I was a bagholder of Leaf. I am recovering now, and I thank Bagholders Anonymous for your support".

Equate

hero member

Activity: 770

Merit: 500

So what coins were actually taken down ?

Nxtblg

legendary

Activity: 924

Merit: 1000

Quote from: majorminers on March 23, 2014, 08:35:49 AM

It seems to me that many people who have been getting their fingers burned have probably learned....

Maybe it would be more constructive to create educational threads that teach people why it's bad to support certain coins and launches, how to long out for scams, etc etc.

Just my two cents Grin

That's a great idea! Forgive me for sounding like Dr. Phil, but a "Bagholders Anonymous" thread would be great to wise everyone up. A thread where people who have been stung explain how they got sucked in, why they got taken advantage of, and what the "earmarks" of a pump-and-dump are.

Myself, I haven't been stung by a pump-and-dump: too many years being slapped around by the penny-stock market have left me too wary. So, the only anecdotes I can kick in would center on penny stocks.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: SZZT on March 23, 2014, 10:15:40 AM

Quote from: mgburks77 on March 23, 2014, 10:12:09 AM

People want to buy shitcoins, the fact that they want to buy them to play "pump and dump" is utterly irrelevant.

well let the ones that want to play P&D try.
Why should the community though, allow for scammers to take advantage of people?
the devs of these projects are making a bad name for the crypto community as a whole.

This is the reaction caused by the multimillion scam coin actions in here.
It is the predator, like another poster put it.

So, buyer beware and all that, yeah

that process is necessary

if you don't agree with free markets etc perhaps the best solution is for bitcoin and altcoin to go seperate ways and see if centralized control is better than decentralized currency.

I think btc is probably already captured by the same agencies that produce fiat, anyway. It certainly seems that way from the expressed motivations of the operation shitcoiners.

I wouldn't want that to contaminate a valid experiment in free market principles.

If you guys who are in the btc community like central planning you should just abandon market distribution because it will just be a problem, look at the current political situation of the world.

Due to ignorance of various principles and the desire to protect collective interests a monstrosity has been developed by human society and it is seems that many people who are holders of a bitcoin position want to make bitcoin a subset or duplicate of that monstrosity to protect their interests.

romang

member

Activity: 112

Merit: 10

This is so long overdue.

Wipeout2097

sr. member

Activity: 840

Merit: 255

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So ...

- Do we all agree we have a problem, and scams are criminal?
- How many of us agree that hundreds of (shit)coins are detrimental to the future of alts, even if not plain scams?
- Do we have solutions, or at least ways to mitigate the problem without creating damage to anyone, including newbies that bought some coin by suggestion of friends or "unbiased" analysts? Obviously, fuck the coin cloner, his shills and their potential "gains".
- Are we going to actually do something about it, or this is just another thread in the btctalk trashcan?

SZZT

sr. member

Activity: 273

Merit: 250

Quote from: mgburks77 on March 23, 2014, 10:12:09 AM

People want to buy shitcoins, the fact that they want to buy them to play "pump and dump" is utterly irrelevant.

well let the ones that want to play P&D try.
Why should the community though, allow for scammers to take advantage of people?
the devs of these projects are making a bad name for the crypto community as a whole.

This is the reaction caused by the multimillion scam coin actions in here.
It is the predator, like another poster put it.

So, buyer beware and all that, yeah

majorminers

full member

Activity: 168

Merit: 100

I just checked - ProCoin is traded on one exchange (Cryptorush.in) and the 24 hour volume is: 0.1745 BTC!

Sorry for disrupting the world of Crypto-Currencies with this one! Grin

This seems a bit like BULLYING....I'm just saying!

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: SZZT on March 23, 2014, 10:06:47 AM

@mgburks77
Are you saying that
when you have your coins armed and ready, and waiting on [insert favorite coin here] price to drop, so that you buy cheap
you are not a part of the market?

That's not the point.

A market is a communication from one segment of society to another that production must occur. Regulation interrupts that communication.

People want to buy shitcoins, the fact that they want to buy them to play "pump and dump" is utterly irrelevant.

Apparently simulating a corrupt currency market provide some value to a particular segment of the population. Sure there predators taking advantage of people but that leads to significant innovation in security, logistics etc.

CAVEAT EMPTOR exists for a reason.

Joerii

legendary

Activity: 1274

Merit: 1050

Wait.

This is coming from muddafudda ? How many shitcoins did you release ?

I'm sure this remark has been posted before in this thread but I don't have time to scan through 40 pages.

majorminers

full member

Activity: 168

Merit: 100

Quote from: SZZT on March 23, 2014, 09:59:29 AM

you did not search for a list at all major, admit it and save your time on this fine sunday Cheesy

.
You just entered and as you said, did not read all the posts, just asked for my reasoning behind the images i posted, right?

Do yourself a favor.
From now on, refrain from posting into threads that you have not read through. It will save you time.
And remember, when we start reading a thread, a post, a book or a magazine, ALWAYS start from the beginning.

lurk moar, again

@mgburks77, nope you got that wrong, even when people dont buy, they still are a part of the market. Their actions keep defining the markets.

Dude, it's really tough to read this many posts with complete accuracy. Especially with so much horse-shit in them.

Thanks for saving me time and letting me know I'm one of your targets.

ProCoin is a fledgling coin that had a 2% pre-mine with public ledger and the Dev compile all wallets before launch (including Mac.)

It's not a country coin and the dev is more of a long term developer guy. As far as I'm concerned, there are many scammier coins and launches than that one - especially in the past week.

PCN has a tiny market cap, a few pools, and a small community. How can this possibly be impacting the greater world of altcoins?

SZZT

sr. member

Activity: 273

Merit: 250

@mgburks77
Are you saying that
when you have your coins armed and ready, and waiting on [insert favorite coin here] price to drop, so that you buy cheap
you are not a part of the market?

r3wt

hero member

Activity: 686

Merit: 504

always the student, never the master.

Quote from: mgburks77 on March 23, 2014, 10:00:38 AM

Quote from: r3wt on March 23, 2014, 09:38:12 AM

Quote from: mgburks77 on March 23, 2014, 08:49:09 AM

Also social deviance and innovation are closely linked from a sociological perspective.

But that may be a little over the pay grade of many posting here.

we get it, you're edgy and self absorbed + dumb. congrats.

I can envisioning you sticking your tongue out at me while you were typing that.

And team operation shitheads is on the board with another logical fallacy, this time the ad hominem fallacy.

ad hominem? son you're preaching now!

mgburks77

sr. member

Activity: 364

Merit: 250

Quote

http://@mgburks77, nope you got that wrong, even when people dont buy, they still are a part of the market.

according to whom?

You guys aren't even aware of basic economic concepts. How could you possibly be any kind of authority figure?

A market is a communication network. Communication ensues when individuals exchange or don't exchange. That is a market.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: r3wt on March 23, 2014, 09:38:12 AM

Quote from: mgburks77 on March 23, 2014, 08:49:09 AM

Also social deviance and innovation are closely linked from a sociological perspective.

But that may be a little over the pay grade of many posting here.

we get it, you're edgy and self absorbed + dumb. congrats.

I can envisioning you sticking your tongue out at me while you were typing that.

And team operation shitheads is on the board with another logical fallacy, this time the ad hominem fallacy.

SZZT

sr. member

Activity: 273

Merit: 250

you did not search for a list at all major, admit it and save your time on this fine sunday Cheesy

.
You just entered and as you said, did not read all the posts, just asked for my reasoning behind the images i posted, right?

Do yourself a favor.
From now on, refrain from posting into threads that you have not read through. It will save you time.
And remember, when we start reading a thread, a post, a book or a magazine, ALWAYS start from the beginning.

lurk moar, again

@mgburks77, nope you got that wrong, even when people dont buy, they still are a part of the market. Their actions keep defining the markets.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: SZZT on March 23, 2014, 09:28:56 AM

but the people are the markets.
So when some people decide to go that way, well its the markets asking for shitcoins to die.

that only happens when they don't buy, not when they can't buy because a product is forced out the market by a misconceived attempt at governance

majorminers

full member

Activity: 168

Merit: 100

Quote from: SZZT on March 23, 2014, 09:48:28 AM

a threat?
you must have reading comprehension.

Read my post outloud, let me help you:

Quote

Is this your shitcoin pool?

The above quote is a question major. And you tried to avoid answering it.

Quote

Oh goodie, hope you are ok with clouflare

This is me, and my wishful thinking. I do honestly hope you are ok with the attacks.

Are you finding threats in this thread? Yes, because you are profiting from those targeted coins.
Are you finding me threatening? Nope, because you are above me.

I dont even mine, major. So, this thread is even funnier to me than you might actually believe.
Go get some DDoS protection though, before you claim that you were "hacked" and all "profits disappeared", ok major?

You're welcome Grin

What exact coin are you talking about? Oh, I found it. I didn't even realize 'ProCoin' was on your list.

You realize that ProCoin has only 3 MB of hash on that pool right now. LOL. How can this be impacting the world of altcoins?

I only entered this thread because it's an open discussion group. I posted my opinion simply.

I don't believe that I'm a part of any ShitCoin movement that is destroying altcoins.

In fact, I learned many valuable lessons this week that have turned me off to 'launches' quite a bit.

SZZT

sr. member

Activity: 273

Merit: 250

a threat?
you must have reading comprehension.

Read my post outloud, let me help you:

Quote

Is this your shitcoin pool?

The above quote is a question major. And you tried to avoid answering it.

Quote

Oh goodie, hope you are ok with clouflare

This is me, and my wishful thinking. I do honestly hope you are ok with the attacks.

Are you finding threats in this thread? Yes, because you are profiting from those targeted coins.
Are you finding me threatening? Nope, because you are above me.

I dont even mine, major. So, this thread is even funnier to me than you might actually believe.
Go get some DDoS protection though, before you claim that you were "hacked" and all "profits disappeared", ok major?

You're welcome Grin

majorminers

full member

Activity: 168

Merit: 100

Quote from: SZZT on March 23, 2014, 09:36:47 AM

well then,
~~if you don't believe that any action is needed, why are you in this thread, trying to convince the people not to act against cancercoins?~~

Wait, now its all clear, major.
Is this your shitcoin pool?
http://pcn.majorminers.com/

Oh goodie, hope you are ok with clouflare Grin

Excellent - you just threatened me! That didn't take long at all. Just a few posts....

So you plan on DDOS'ing me because of my posts in this thread and not even because I support ShitCoins. Cheesy

As I stated, I don't support 'ShitCoins' any more than anyone does. But realistically, how am I going to stop people from making threads and downloading open source software and creating their own currency? Why would I want to thwart people who may have a specific vision for cryptos?

Good luck with your movement!

Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 70. (Read 176874 times)