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Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 72. (Read 176798 times)

hero member
Activity: 532
Merit: 500
I really love this idea, and the people attacking it have to understand this is perfectly legitimate. When you create decentralised currencies, alls fair on either side of the fence, and so this is simply the market at work.

The market is oversaturated. So many crapcoins sharing BTC between them that every coin suffers because of it. The real reason alts are going down isn't because Bitcoin is going down. Sure there's a correlation, but it's much worse than that. There are just way too many tradable altcoins, and there's only so much Bitcoin to spread between them.

If a coin has legitimately strong support, what does it have to worry about?

Yeah, we get it. 'Crap coins' are diluting the market for your favorite 'real coins.' Sounds like people are losing money and going to attack others who are doing the same thing as them.

Attacks like that will cause plenty of financial damages to innocent parties as well. Not everyone out there is well-versed on what drama has occurred for which coin.

That said, I'm not even arguing about the quality of launches. For the last 10 days there have been numerous cases of countdown clocks not working, no wallets at release, scam IPOs etc.

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

Yelling 'ShitCoin' in every thread just pushes the thread to the top and forces people to choose sides. No arguing means the thread (and the coin) floats to the bottom and down the hole.

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

Not my favourite coins. All coins. This effects every single coin on the market. Not just the ones I hold. The ones you hold. The ones everyone holds. There is only so much BTC to spread between them.

Hell, I might even be holding a few crapcoins myself. But I'd rather see them dead and buried if it means the actually innovative coins, with real developers behind them, actually stand a chance of being successful.

It seems a bit hypocritical that so many people are happy with pump and dumps, yet you dare suggest taking a coin down, and somehow you're an enemy of the system. There needs to be some sense of balance, and right now the market is becoming increasingly diluted, and we're all losing out because of it.
sr. member
Activity: 364
Merit: 250
decentralized=chaos

free market=chaos

universe=chaos

chaos = definition by Humans they can not understand.

Exactly, all of those things have an underlying order that is spontaneous. This is the basis for chaos theory, as free market dogma.
full member
Activity: 168
Merit: 100
hey OP



Help me understand your artwork here. Forgive me if I haven't ready every post and don't understand all the intricacies of Operation Shitcoin.

It seems that this vigilante group is going to attack pools - (resources) that 'support' 'ShitCoins.'

Are pool operators going to get a warning first? Will you burn a cross on our front lawns before you begin your attack? Or will we face the noose without trial?

sr. member
Activity: 364
Merit: 250
decentralized=chaos

free market=chaos

universe=chaos
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Can pos coins be killed? if not we will just see the 0 post devs switch to pow/pos?

Also i don't think we should target coins already released and that have miners and communities, this will cause a shit storm of hatred towards our goal of stopping a constant stream of crap coins flowing out.

We need people to see this is for everyones good actually, not just a few of us who mostly hold old established alts like ltc , doge etc. Or even those that can lose 1400 BTC and not seem overly upset.  Else we look like we only have our own agenda here.

The goal should be saving the alt market from descending into chaos with 100000000000000's of alts.

Also these 50% 75% premined coins are really getting out of hand. They need to give that premine over to safe hands ie escrow level bct members for safe holding until the air drops. Personally i do not see how a few hundred people can afford to bail out millions of people anyway, the entire premise of these coins seems improbable to downright insane.

There are a few big hash whales that alone can damage a big percentage of coins, however these are mostly the mid-sized (1gh), smaller, dead or dying ones.

Some of these new popular releases get 8GH in a short period of time, we need a lot of people on board to smash these down.  We need a lot of people on board to make this work.

We have enough alts now, more coming in are making alt coins all look worthless. It will be positive for everyone really if this takes place. However it has to have a start date in the future, we can't expect much support if we start taking down communities that have had investment from the small miners that have done nothing dishonest...they have just tried to mine and get some coins. I don't like the idea of killing their coins since most will be left with nothing and turned against crypto for perhaps good.

Let's get as many people on board as possible for this.

Even just encouraging some fair release protocols would be a good start. I mean coins with zero innovation... ltc or qrk clones just copy and pasted with a new name are pointless unless they have a specific goal that is clearly outlined and would be of benefit to the crypto community or some other cause that is certain to take place. By certain to take place i mean the coins are held by escrow level bct members until given to that specific cause.

I don't really agree with censorship nor regulation in general with regard crypto. However scams are doing damage to the community at large and need to be halted.  Ipo must be escrow from now on. These coins also that pop up from 0 rated devs are scams too, they do not support their coins and they are scamming normal miners but doing this. People waste time and electricity mining and then the dev dumps his instamine or premine and sets up a new account to create another coin and does it over again. He neglects his previous coins leaving it to die and the miners are now all bagholders. This is a scam and needs to be taken care of. If we are smart we can devise a fair protocol to stop these kinds of things. However it does have to be a fair protocol and not just end up being seen as established miners killing off competition.




We need to


find away to stop ipo scams - escrow

find away to stop dev teams pumping dumping and ditching their creations -  only devs with history and that have been part of the crypto community for a while and that have some reputation

find away to stop pointless clones or push them to the fringe - ? not sure of the best way - perhaps a stream of posters to highlight the fact on every thread that pops up ...asking justify this release other than self enrichment, has it got a purpose?

find away to demonstrate to miners that joining this group is beneficial to all in the end - education is key here

find away to create a stable union against crap/scam coins for long term -

needs to be democratic with a spokesman of good unquestionable good repute - probably not one of any of us currently in this thread.


it is a huge project to get correct, but if done correctly will make a big difference to the alt community.



sr. member
Activity: 364
Merit: 250
Is bitcoin about exploring economic theory or is it only an investment vehicle that must be protected with force?

If the latter is true then it is a "shitcoin" too. And that  can only mean that "operation shitcoin" is a bunch of bagholders with indigestion.
full member
Activity: 168
Merit: 100
I really love this idea, and the people attacking it have to understand this is perfectly legitimate. When you create decentralised currencies, alls fair on either side of the fence, and so this is simply the market at work.

The market is oversaturated. So many crapcoins sharing BTC between them that every coin suffers because of it. The real reason alts are going down isn't because Bitcoin is going down. Sure there's a correlation, but it's much worse than that. There are just way too many tradable altcoins, and there's only so much Bitcoin to spread between them.

If a coin has legitimately strong support, what does it have to worry about?

Yeah, we get it. 'Crap coins' are diluting the market for your favorite 'real coins.' Sounds like people are losing money and going to attack others who are doing the same thing as them.

Attacks like that will cause plenty of financial damages to innocent parties as well. Not everyone out there is well-versed on what drama has occurred for which coin.

That said, I'm not even arguing about the quality of launches. For the last 10 days there have been numerous cases of countdown clocks not working, no wallets at release, scam IPOs etc.

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

Yelling 'ShitCoin' in every thread just pushes the thread to the top and forces people to choose sides. No arguing means the thread (and the coin) floats to the bottom and down the hole.

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
sr. member
Activity: 273
Merit: 250
hero member
Activity: 532
Merit: 500
I really love this idea, and the people attacking it have to understand this is perfectly legitimate. When you create decentralised currencies, alls fair on either side of the fence, and so this is simply the market at work.

The market is oversaturated. So many crapcoins sharing BTC between them that every coin suffers because of it. The real reason alts are going down isn't because Bitcoin is going down. Sure there's a correlation, but it's much worse than that. There are just way too many tradable altcoins, and there's only so much Bitcoin to spread between them.

If a coin has legitimately strong support, what does it have to worry about?
full member
Activity: 168
Merit: 100
The only real argument that has been put put forward by "operation shitcoins" is that they wish to leverage social prominence to control a market

So they need an enemy

This is the same way society at large reacts when their interests are put under pressure. instead of doing something constructive or creative, they try to take the shortest route from point a to point b, which always requires force.

Good point. Force isn't required because the market is going to decide. People have binged on crap coins for the last few weeks. The market will have an upset stomach soon enough.  Grin
sr. member
Activity: 364
Merit: 250
The only real argument that has been put put forward by "operation shitcoins" is that they wish to leverage social prominence to control a market

So they need an enemy

This is the same way society at large reacts when their interests are put under pressure. instead of doing something constructive or creative, they try to take the shortest route from point a to point b, which always requires force.
sr. member
Activity: 364
Merit: 250
You guys are bagholders because the consistently illegitimate and childish way you handle issues has made bitcoin unacceptable to the general public.  

That is all.

yeah man, its all `our` fault. has nothing to do with the 5 trillion scams on the forum....

they are no different than you guys

that's what you are missing, if anything you are worse because on top of it all you are trying to control a market with force, that is the greatest social crime

I came here to explore cryptocurrency, but am not getting a very nice impression of the technical and social ability of the bitcoin community in this thread, my impression of the altcoin community on the other hand leads me to believe there is something of value there

just a noob observation



 
hero member
Activity: 686
Merit: 504
always the student, never the master.
You guys are bagholders because the consistently illegitimate and childish way you handle issues has made bitcoin unacceptable to the general public.  

That is all.

yeah man, its all `our` fault. has nothing to do with the 5 trillion scams on the forum....
sr. member
Activity: 364
Merit: 250
You guys are bagholders because the consistently illegitimate and childish way you handle issues has made bitcoin unacceptable to the general public.  

That is all.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
They declare(d) any airdrop scam.
hero member
Activity: 966
Merit: 1003
Dont forget silicon valley coin, which is a 50% premine airdrop scam as well.

How do you know it's a scam?
hero member
Activity: 686
Merit: 504
always the student, never the master.
Anyone who supports the 50% premine on Greececoin is an idiot.

Go the thread here and repost the scam

https://bitcointalksearch.org/topic/ann-greececoin-grce-mining-pool-needed-block-explorer-bounty-available-516955

I have sooooooo many to add to the OP.

yes and strange (as I posted earlier) how its a coin for Greece yet it is in english (interpretations into chinese and hebrew)...hmmmm I'm guessin the dev knows very little about Greece.

i get the feeling all these scams are perpetrated by one large group. the presence of a certain poster in this thread(no not u muddafudda or u BCX) all but confirms that suspicion.


Don't be shy, call'em out!


~BCX~

i don't think pedro would be very happy about that.
hero member
Activity: 686
Merit: 504
always the student, never the master.
Anyone who supports the 50% premine on Greececoin is an idiot.

Go the thread here and repost the scam

https://bitcointalksearch.org/topic/ann-greececoin-grce-mining-pool-needed-block-explorer-bounty-available-516955

I have sooooooo many to add to the OP.

yes and strange (as I posted earlier) how its a coin for Greece yet it is in english (interpretations into chinese and hebrew)...hmmmm I'm guessin the dev knows very little about Greece.

i get the feeling all these scams are perpetrated by one large group. the presence of a certain poster in this thread(no not u muddafudda or u BCX) all but confirms that suspicion.
legendary
Activity: 1876
Merit: 1000
Anyone who supports the 50% premine on Greececoin is an idiot.

Go the thread here and repost the scam

https://bitcointalksearch.org/topic/ann-greececoin-grce-mining-pool-needed-block-explorer-bounty-available-516955

I have sooooooo many to add to the OP.

yes and strange (as I posted earlier) how its a coin for Greece yet it is in english (interpretations into chinese and hebrew)...hmmmm I'm guessin the dev knows very little about Greece.
legendary
Activity: 1008
Merit: 1022
Anyone who supports the 50% premine on Greececoin is an idiot.

Go the thread here and repost the scam

https://bitcointalksearch.org/topic/ann-greececoin-grce-mining-pool-needed-block-explorer-bounty-available-516955

I have sooooooo many to add to the OP.
Dont forget silicon valley coin, which is a 50% premine airdrop scam as well.

Yeah, as soon as I get a spare hour today I will update the OP. There is so fucking many
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