Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open - page 81. (Read 176874 times)

I'm doing my part, I've started mining Nxt using hashrate.org  It mines the most profitable alts, sells them and then buys Nxt, which is then sent to me.  It will slowly kill some of these turd Alts.

This thread degraded really quickly. And by degraded, I mean it went from suspect behavior to suggesting outright criminality.

We have the OP, who used to make shitcoins himself. Some still exist, so I guess you guys will go after coins the OP was part of, strangely. Then we have the fellow who ran OpenEx, which 'lost' a lot of its customer's bitcoins -- many consider him a scammer. So there is somewhat suspect morality in those who even brought this up to begin with. And suspect motives too.

Now we get extortion threats, which at first I assumed you were joking about.

If people really want to clean up shitcoins, make a blog, write articles, or post critical threads here on why you think certain coins may not be worth putting money into. This doesn't mean to troll or spam the threads with stupid memes or nonsense either. Or make your own coins, if you feel you can make something worthwhile. Again, the OP can make a coin, but whether it would be worthwhile is another question.

Instead people seem to be going the easy route: mob mentality, criminality, brute force, and destroying other coins. 

i know we share a lot of the same views and i am trying to think of some ideas for a new coin that will help those existing problems.
in the mean time any kind of education we can give people i think is a good idea.. scammy-coin supporters think there is no harm in supporting them
or they bicker about the definition of support while me and you Kelsey sit back pretty much powerless watching new people and morons ruin what we had/have

do we need to attack some coins ? i don't know really but i will point any hash power i got on them when we agree on a target lol
that won't solve the problem at it's core though we need to teach new people they can have trading skills that can earn them good money
and that does not require supporting bad coins.. you can make lots and still try hard to avoid the bad coins.. please don't take the Flash mining easy way out people.

and i am not against the freedom.. the freedom to make and post what ever.. i just think things have gotten way out of hand, to the point where the damage is over flowing all over.

The only thing that will stop all the scammy coins is if we can convince people to not flash mine every dumb coin that comes along.
how do we do that ? attacking coins is not a complete solution and making one that is superior is not a full solution either.
what i find encouraging is we ware talking about these issues and this topic is still on page one.
we need to talk.. priority number one !

anyway it may be an interesting development if Scrypt asics are being launched in a big way because that should shake things up combined with the frustration we see here on this topic..
i also like seeing older users come back and speak their mind rather than just leaving frustrated with the problems we are talking about.
and that is what it boils down to i think.. and that is, we are debating whether there is a problem or not. i said clearly we have a BIG problem on going.
and then others say there is no problem at all and everything is fine.. hopefully we can try and see each others side.. i DO see the freedom aspect guys and i too want it protected
but what do we do when abuse runs out of control ? and is it out of control ?

i hope the things i say are thought provoking and get people thinking that's all and maybe inspire a new coder to release a revolutionary new coin or something

haha you are giving a text book definition of extortion. If you want to pay them for this "service," you can do so. If you tell someone else to pay for a service YOU want, by an implied threat? Extortion.


For instance? The concept of this thread is stupid. I have no use for this "service." Just because YOU want it, doesn't mean you should force it on others by threat of attack (your words.)

As was said many times: this is not real money, there are no real damages here.

This initiative would just be protecting community interest.  And you can't expect these guys to do it for free.  It's a lot of effort in hashes and multipools that needs to be run for this operation.

They need to recoup some of that somehow.  I mean BCX and others are great guys, and i'm sure they are well funded, and would be donating cycles.

But we can't just expect them to do this out of their kind hearts.  They should be compensated.  The best way to compensate is to get BTC from an application fee.  That is, if the alt coin dosen't want to get attacked.

They have members advocating outright extortion. This is pretty shitty.

These guys are already affecting innocent people !

Since they put ADT on the list there has been a notable amount of buy orders being removed and more people dumping there coins
its unacceptable to label a coin a scam and actively encourage people to dump there coins with the threat of attacking the coin without giving any evidence that the coin is a scam!

by all means kill the coins that are proven scams but don't destroy coins just because 1 person says there a scam !    

This is the EXACT reasoning the Mafia attempted to claim while demanding shop owners pay "protection." They claimed it kept ne'er do wells, and shops that didn't support the community out.

You're trying to profit off threatening people, and creating a wall to keep coins that may not have to investment capital to play your game out.

That's the definition of extortion, and you're not fooling anyone.

Besides, the Dev's wouldn't pay. They'd take up a collection and you'd be taking that money from other people, even if the coin WAS a scam.

You'd only be fucking over regular joes.

I call it.. doing the public good.. keeping bad scam altcoins away from noobs and consumers. 

And who really pays? just some scammy altcoin devs that ought to put their money where their mouth is anyhow!

I believe that's called extortion, or racketeering depending on how you go about it.

What a great idea!

After this pool/crew is setup, it would be easy enough to allow coin devs to submit applications proving that their coin is legit.  The application can have a BTC fee associated with it.. to prevent attacks to their coin.

I am thinking 10 BTC per application should be sufficient, this is a "entry level" to be able to create an alt coin.. thus lessening the noise.

This fee could be a great revenue stream for this effort to fund future clean up efforts.  In fact, the BTC that people send you to prevent you from attacking them, could be used to purchase new HW to increase the multipool capabilities to attack anyone who doesn't follow your rules.

Ingenious business model guys.. got to hand it to you.. let me know where i can invest/signup!

What we need is a good multipool to gang up and bang these coins till they are sore.
I'll point all my rigs at it and we will flood the exchanges and sell these loser coins down to 1 litoshi or 1 doge even...

Woohoo, lets get this cleanup started

For me, the only way to go on is to post on the [ANN] sub-forum and educate people.

For example, for IPO's and premines you find, post that at least escrow is required. For a coin with no innovation or you smell instamine, say so. Demand that the devs post personal information.  Whatever, according to your experience. And so on ...

This.


And some of this too.

Seriously, you guys just need to turn a blind eye. If something annoys you why not ignore it? Instead you'll deceive and corrupt others making you worse than so called 'scam coin' devs.

And then like the quote above, what's next? Is there anything else in this world that pisses you off that you feel like picking on?

You know what's a real ripoff? Bank overdraft fees. Someone should fight that.

The people wanting to do this are retarded. Lets take Crypto that already has a bad name in the media for being hacked, sabotage, etc and add more to it. Headlines read "Hackers start destroying crypto concurrences is yours next?" Are you stupid or just blind? This campaign will do nothing but scare new money away. People feel much more comfortable losing their money in a PnD scheme then some hacker coming along and sabotaging something and it losing all value. At least they can still sell after a PnD. You want to leave them with permanent bags. So either your complete morons or you have an agenda for your own coins or the coins you deem non shit coins. Anyone that gets on board with these tools will only be hurting crypto. Not to mention this is black hat behavior and will likely be found to be illegal once people, pools, etc start to get fucked. I can promise you class action lawsuits and likely prison time for hacking.

Next, I think you guys should go after shitty door lock manufacturers.

I mean, with some of the locks that people have on their houses, it's easier to open them by slipping in a credit card than it is using a key.

So I think you guys should organize groups to go around to these houses and steal everything that the people own.  Or if you're not in to stealing, just go in and burn their houses down.  If people are going to use door locks like that, they don't deserve to own anything.

You know, it's for the public good.  That'll show those door lock manufacturers!

Best post on this whole altcoin forum.

In the meantime the blackcoin multipool forked two coins accidentally