Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 79.

zackclark70

legendary

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ADT developer

Quote from: zeroc00l on March 21, 2014, 10:44:30 PM

There's already a list of scam coins on the original post!

As kelsey says, we're just trying to clean up, and protect newbies.

We need to start moving into action. Send a message out to AURCoin, HKC and others like them we need them to apply to become a legit coin, and the application fee is 10 BTC! They need to start putting money with their mouth is, instead just being able to scam people.

Get a taste of their own medicine! Time to dispense some justice!

That list in post 1 is mainly coins that the op doesn't like lol

he put ADT on there mainly because ADT and COL are competing coins and he made COL

yes ADT v1 was premined but over 75% of that went to users that lost coins during issues

yes jag ran off with the remaining coins

no it has not had any extra coins mined in when it was moved to the new blockchain

no it is not a scam ( if it was a scam would I be spending tones of time and money on it + I am probably the most active coin dev on this forum ! )

If people can tell me why its a scam and should be on the list of coins to die I am willing to listen as I am sure that once you know the full story you wouldn't want it on the list of coins to die

lamontweaver

member

Activity: 85

Merit: 10

The wannabee Altcoin Police say:

solid12345

legendary

Activity: 1246

Merit: 1000

Quote from: ?? on ??

I respect that choice, now GTFO Grin

~BCX~

So Captain America, will you be going after Darkcoin too because its proceeds will no doubt go to fund drug dealers, killers and child pornographers?

Maybe you should GTFO with your false sense of heroism.

solid12345

legendary

Activity: 1246

Merit: 1000

Remember, the SEC only does what is in the interest to make everything "fair" too Roll Eyes

Personally what attracted to me to crypto is the complete absence of regulation, if I want nannies getting in the middle of me and my buying decisions, well sorry guys, I'm leaving crypto and going back to selling antiques, buying precious metals or maybe getting into pot stocks.

marhaben

member

Activity: 66

Merit: 10

Quote from: zeroc00l on March 21, 2014, 10:44:30 PM

As kelsey says, we're just trying to clean up, and protect newbies.

That's not how financial markets work. If you try to make them work that way, you may as well stick to the dollar. The concept of making things "fair" is the very foundation of currency manipulation. "Newbies" should research before investing. That's a key part to the free market. But since you're lying, and this has nothing to do any grand cause, it really doesn't matter.

mgburks77

sr. member

Activity: 364

Merit: 250

pffft

zeroc00l

newbie

Activity: 14

Merit: 0

Hi think solid has a good point.

Really, no alt coin should have retroactive exemption status. All of them should comply with an audit/application process.

I think we're just saying that realistically we're not going to be able to attack DOGECoin or Litecoin at present. Their network hash rates are too high. So we'll just have to let the big fishes get away with it, for now.

However, the newer coins that are just getting started: we can start using them to fund this effort, through taxation and auditing. If they do not pay up, they die.

solid12345

legendary

Activity: 1246

Merit: 1000

Arguing over whether there is a premine or not is a philosophical difference, it doesn't change the fact Litecoin is being pushed more like a product than a currency and the creator is profiting off its popularity. Do I begrudge Lee? No, but let's tell the truth, it is a money making opportunity for him just as much as any other alleged scam coin. What difference does it make how a dev profits from his own creation? Is it the fact they are making money that upsets you or the fact they didn't mine it the "fair" way (even though everyone with half a brain knows mining has never been truly fair when it comes to having the best equipment, the best power supply, multipool access, being on the inside or in the know when the coin first launches etc.)

lasciv

full member

Activity: 126

Merit: 100

Quote from: flounderella on March 21, 2014, 10:46:48 PM

Quote from: kelsey on March 21, 2014, 10:43:35 PM

Quote from: zackclark70 on March 21, 2014, 10:24:34 PM

31 pages in and nobody has even decided what counts as a scam coin lmao

I clearly stated a definition earlier, its not rocket science.

Premine is almost always a sign of scamcoin (e.g. Wolong's PandaCoin). IPO is also another big reg flag (e.g. the likes of StackCoin)

Interesting point. What if they have both?

e.g.:
https://bitcointalksearch.org/topic/ann-h2o-coin-yahoofinance-more-dgw-scrypt-n-donated-175btc-494229

Kiss

edit: or this one:
https://bitcointalksearch.org/topic/ann10-5-tenfivecoin-designed-for-mobile-mandatory-update-0900-500971

solid12345

legendary

Activity: 1246

Merit: 1000

Quote from: flounderella on March 21, 2014, 10:46:48 PM

Quote from: kelsey on March 21, 2014, 10:43:35 PM

Quote from: zackclark70 on March 21, 2014, 10:24:34 PM

31 pages in and nobody has even decided what counts as a scam coin lmao

I clearly stated a definition earlier, its not rocket science.

Premine is almost always a sign of scamcoin (e.g. Wolong's PandaCoin). IPO is also another big reg flag (e.g. the likes of StackCoin)

But let me guess, Charlie Lee working to sell his coin like it were a product through his brother at Bitcoin China and no doubt soon to come at Coinbase is not a scam, amirite?

There seems to be a ridiculous double standard on who is allowed to profit from their creation...

flounderella

sr. member

Activity: 350

Merit: 250

Bitcoin Evengelist

Quote from: kelsey on March 21, 2014, 10:43:35 PM

Quote from: zackclark70 on March 21, 2014, 10:24:34 PM

31 pages in and nobody has even decided what counts as a scam coin lmao

I clearly stated a definition earlier, its not rocket science.

Premine is almost always a sign of scamcoin (e.g. Wolong's PandaCoin). IPO is also another big reg flag (e.g. the likes of StackCoin)

zeroc00l

newbie

Activity: 14

Merit: 0

There's already a list of scam coins on the original post!

As kelsey says, we're just trying to clean up, and protect newbies.

We need to start moving into action. Send a message out to AURCoin, HKC and others like them we need them to apply to become a legit coin, and the application fee is 10 BTC! They need to start putting money with their mouth is, instead just being able to scam people.

Get a taste of their own medicine! Time to dispense some justice!

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: zackclark70 on March 21, 2014, 10:24:34 PM

31 pages in and nobody has even decided what counts as a scam coin lmao

I clearly stated a definition earlier, its not rocket science.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

31 pages in and nobody has even decided what counts as a scam coin lmao

mgburks77

sr. member

Activity: 364

Merit: 250

Quote

Many of the anti clean-uppers think those wishing to clean up are a destructive force, which simply isn't the case, we see issues that need fixing.

um, this thread is basically a pre-confession to a number of illegal activities. It's proposed extortion, criminal mischief, destruction of private property, and fraud as a "solution" to competition in a market they see as "their turf"

It is clear there is clique that has rather ineptly publicly proposed to use force to protect their market share.

Obviously, the motivation is entirely pressure from the slowly declining market value of bitcoin creating a desire to eliminate competitors. This underlying motive has been mentioned in an off hand manner several times by those proposing this.

I have a proposal, if you believe an actual, serious crime has been committed report it to the real authorities and don't act like a fuckwit about it

marhaben

member

Activity: 66

Merit: 10

Quote from: kelsey on March 21, 2014, 09:56:01 PM

Ok back on topic.

I think its clear there is a problem here, problem being to many scams run within the crypto community. It maybe big news to all the newbies in this thread but not everyone is here for the fiat.

Many of the anti clean-uppers think those wishing to clean up are a destructive force, which simply isn't the case, we see issues that need fixing.

Seems alot of newbies in here, with their eye more on fiat then cryptocurrency.

This section of the forum should be about discussing ideas in alternative currency, not simply a section plugging the latest pump n dump copy paste scam like its become.

You're full of shit. There are multiple people in this thread advocating for extortion. The free market regulates itself, not by vigiliantism claiming to be operating for a higher cause.

Vote with your wallet. The scam coins WILL die out, by their very nature. The intelligent investors and the solid coins will remain, and they'll have won by free market principle, not by fascist assholes deciding who wins.

By abusing the system to destroy things you don't like, you're actually demonstrating a serious problem with the system overall. You're a way worse problem than the scam coins.

kelsey

legendary

Activity: 1876

Merit: 1000

Ok back on topic.

I think its clear there is a problem here, problem being to many scams run within the crypto community. It maybe big news to all the newbies in this thread but not everyone is here for the fiat.

Many of the anti clean-uppers think those wishing to clean up are a destructive force, which simply isn't the case, we see issues that need fixing.

Seems alot of newbies in here, with their eye more on fiat then cryptocurrency.

This section of the forum should be about discussing ideas in alternative currency, not simply a section plugging the latest pump n dump copy paste scam like its become.

lajz99

hero member

Activity: 756

Merit: 500

Quote from: zeroc00l on March 21, 2014, 09:19:18 PM

Quote from: lamontweaver on March 21, 2014, 09:04:15 PM

How's that altcoin regulation going ? This is my favorite comedy thread.

Unfortunately not going anywhere yet. Hopefully we can change that with the application/fees idea.

We need to be profit driven to some extent: otherwise donating hash power to this effort is not going to last long out of charity or annoyance.

Thus the only way to make this last is to impose fees on new and existing altcoin creators. Once the BTC start flowing into our virtual coffers, only then will this initiative really take off with our hash rates.

Need to start by first sending a message to one of the altcoin vendors on the list to demand a fee and application. If that does not work, we will need to be prepared to throw some speculative hashes at it, to pound them until they give in. That in itself is a risk we'll all have to take, but it will pay off for us once the BTC comes our way.

You sir, are an idiot.

Your Idea:

Mk2vr6

full member

Activity: 196

Merit: 100

Quote from: zeroc00l on March 21, 2014, 09:19:18 PM

Quote from: lamontweaver on March 21, 2014, 09:04:15 PM

How's that altcoin regulation going ? This is my favorite comedy thread.

Unfortunately not going anywhere yet. Hopefully we can change that with the application/fees idea.

We need to be profit driven to some extent: otherwise donating hash power to this effort is not going to last long out of charity or annoyance.

Thus the only way to make this last is to impose fees on new and existing altcoin creators. Once the BTC start flowing into our virtual coffers, only then will this initiative really take off with our hash rates.

Need to start by first sending a message to one of the altcoin vendors on the list to demand a fee and application. If that does not work, we will need to be prepared to throw some speculative hashes at it, to pound them until they give in. That in itself is a risk we'll all have to take, but it will pay off for us once the BTC comes our way.

So from sorting out shitcoin scamming devs, you've now turned it into a racketeering type money making idea to line your pockets.

Nice!

jayman

member

Activity: 70

Merit: 10

Quote from: zeroc00l on March 21, 2014, 09:19:18 PM

Quote from: lamontweaver on March 21, 2014, 09:04:15 PM

How's that altcoin regulation going ? This is my favorite comedy thread.

Unfortunately not going anywhere yet. Hopefully we can change that with the application/fees idea.

We need to be profit driven to some extent: otherwise donating hash power to this effort is not going to last long out of charity or annoyance.

Thus the only way to make this last is to impose fees on new and existing altcoin creators. Once the BTC start flowing into our virtual coffers, only then will this initiative really take off with our hash rates.

Need to start by first sending a message to one of the altcoin vendors on the list to demand a fee and application. If that does not work, we will need to be prepared to throw some speculative hashes at it, to pound them until they give in. That in itself is a risk we'll all have to take, but it will pay off for us once the BTC comes our way.

it'll will pay of all right with some time in jail seriously this joke of thread needs to be closed ASAP and all the jokers threatening other members by means of extortion and sabotage need their accounts banned.

Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 79. (Read 176874 times)