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Topic: [POLL] Do Altcoin Dev's Deserve Money ? - page 2. (Read 2875 times)

member
Activity: 70
Merit: 10
January 15, 2017, 10:09:11 PM
#29
Some coin devs deserve money to help build wonderful new tech for us to all enjoy. Thats life my friend.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 15, 2017, 06:01:44 PM
#28
People claim all this code is written from scratch..
Being a self a taught coder myself i know it's bullshit but people believe it.
Thing is why would you rewrite all the code when it's not needed ?
The Ripple guys admitted to using "Boost" for example.
A lot of the time coins are simply a modded project.
How much was modded or written new is the question..
and is relevant to how much they DESERVE to get paid.. if at all.



EDIT:

You know people i think you are missing the point here with comparisons.
I for example seen Shelby argue big projects don't get done with out a million dollars up front etc.
Ok well *sometimes that may be the case, but..

Let's take for example the PC game Grand Theft Auto.

I had heard online lots complaints about the deadlines, long hours, working on days off or on personal time and lower wages and intense pressure ..that did NOT equal the pay they received.
It essentially amounted to a high-pressure sweat shop job.

now..

You guys tell me these coin dev's have pressure like that or even accountability.
I mentioned this earlier..
Dev's in Crypto can make some excuses for a year+ then do nothing. (like the Blocknet ICO dev did)
It's real simple guys had that guy been working a normal coding job he would not have gotten a million dollars up front and then been able to stall them for a year with excuses.

..with out being fired  Roll Eyes

Who is peeking over the shoulder of coin dev's to see they are ACTUALLY working ?
Who actually keeps them accountable long after the hype of launch day evaporated and people dumped and got bored and wandered off.

No one !
The dev is then free to take his wad of cash and hit the bars.. crack & hookers and crying FUD time.
The money is simply not accounted for at any point usually and if it is it's a simple list in a text file or web page saying where some of the money went.. you never see people asking a year or two later.
Because you all don't care.

Do Crypto dev's deserve a giant cash prize up front for claiming they will make the Bitcoin Killer ?
Fuck no.. and the reasons are pretty well infinite.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
January 15, 2017, 05:06:02 AM
#27
interesting question and in my opinion the answer is no. and I do believe that a real developer wouldn't look for getting money for the development he puts into an open source project anyways. just as the biggest developer (Satoshi Nakamoto) never asked to be paid when he made bitcoin.

a real developer is an experienced programmer, and an experienced programmer already has a high paying job and is satisfied enough not to want money from his open source project.

all we see these days calling themselves "devs" are kids with no experience and no job and life but have big ambitions wanting to become rich over night by getting involved with something that can create them wealth out of thin air since all they do is copy paste.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 15, 2017, 03:34:03 AM
#26
The point i hoped people took away from this was..

Hypothetically we have a dev that could be making a standard coders wage.
Or what we always see here in Crypto.. overnight millionaires.
Of what ? "One Day" coins ? Coin #5,421 ? ANN topic #4,598 ?

In other words i am trying to highlight the obscene charade this has become.
While pointing out the difference between dev's getting paid a reasonable amount of money for work completed..

vs.

Getting a check for a million dollars up front in BTC.. then accomplishing nothing.
Such as BlockNET and them chanting "smear campaign" and FUD / Troll and then letting hosting expire after 1 year and releasing fuck all to the supporters who waited for a year.

Kind of funny in about a year and a half since it came out i do not recall seeing even one single person in all of Crypto mentioning it.. and guess what BlockNET Investards ?
You were all loud mouths !
You all lined up to shoot your god damn mouth off at me and cry Troll.
Where did you scammy greedy little kidiots go ?
Let me guess you all dumped 1+ year ago and have since hopped from coin to coin 1,000 times since. ...BlockNET long forgotten.

Anyway Wink
Being paid a little.. being reasonable vs Winning the Crypto-Ponzi-Lottery via the greedy hoards who showed up here for MAD SICK ROI'z yo !!!111ONE

LIEKZ OMGZ I WONZ TEH MUTHA FUCKIN' BITCORN TALK ICO LOTTERY'Z !!!1111ONE

..time to make another one LOL
hero member
Activity: 551
Merit: 500
January 14, 2017, 09:18:02 PM
#25
When there are easy money, people all want to rush in, there's no fault for the scammers, there's the fault of no rules and regulations. In today's world, people tend to cheat in order to get money, especially they can get away with it, altcoin is a perfect vehicle for this.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 14, 2017, 04:50:58 PM
#24
Spoetnik I have the same feeling as you do. But this is wild west with new regulations, people do whatever they want to cheat money. What I don't get is that there are "investors" so stupid to invest into these ICOs.

Well i have no major interest usually in singling out each project.
I always speak in general broad terms here.
I speak to the crowd..
Topics like this are to get us all collectively talking etc.
It is not about me or some specific dev etc.

From my perspective when i got here when BTC was sub -$50 this shit has gone down hill hard.
Many of you new guys here have no idea.
There was a time when the idea of an IPO / ICO was frowned on and flamed off the board.
Each new generation that comes along keeps lowering the bar with their sense of entitlement.

I hope everyone sees how simply ridiculous this has all become..
AND how it won't end well.

AKA: Victims.

Now i ask you all do you care about the victims or will you quickly defend your right to profit ?
This is a giant game of passing the buck of responsibility and accountability.
Who is owning up to the never ending list of bag holders for life with worthless "tokens" ?
Do you all care to ask that question ?
I don't think you do care people.
I think you have a who cares.. fuck 'em attitude and then count your money.

This topic shows the SOURCE unleashing bullshit for profit and all of you going along with it while bad mouthing them.
While you all still count your money.

The dev's deserve to be paid.
The Investors deserve to make a cut of the profits.
Then you think.. the losers deserve to go broke.

Fine.. if it was fair but it's not.. there is no regulations and governing body watching out for the little guy in crypto.

Want to throw around the term White Paper and CEO and Investor and ICO ?
Well who is going to jail for insider trading like Martha Stewart in our crypto world ?
No one !
Hell look at GOX & Cryptsy...
I guarantee V. Butters would be charged and quite possibly convicted of fraud of some kind if he had stock market regulations going on here.. it was obvious he was involved in some shady shit on launch (as well as Coindesk) Those guys bought up a worthless shell of an ICO token in 2014 in blocks of 100 BTC at a time while no one was looking and THAT is how he ended up with 4 million dollars worth 2 years later.

You all collectively deliberately ignore massive red-flags and warning signs and support bad projects such as Ethereum making it the no. 2 coin on planet earth.. so you can get a cut of the profits.. ASAP.
You don't find it odd how no one would touch ETH for 2 years ?
Thought to ask ?
Nope.. fuck no.
All you guys do is look, then see it's pumped NOW and you see dollar signs and dive on it like flies on shit.
ETH is the no. 2 AND SCAMMY because it was manipulated.

Back in 2014 people laughed at the Ethereum foundation and all their little corporate titles and the list of payments all the little figure heads got (which none of us had heard of the people)

Should dev's be paid ? (like they are now usually with ICO's and large amounts of BTC)
As sure as hell say NO !

You all completely ignore how things are RIGHT NOW and chant on about idealism.
There is a blatant disconnect from reality in Crypto and no one is taking any responsibility for the giant Ponzi / MLM / Pyramid scheme machine the Altcoin world really is.
sr. member
Activity: 322
Merit: 251
January 14, 2017, 04:49:07 PM
#23
You all is a buncha suckas, an' I know mosta y'all jist postin' bullshits here ta git paid fo' you wack ass signature campaigns.  I feel confident thet nonea y'all is gon' read this anyway, so fuck y'all.

Now onta the subjict.  Hail no, those muthafukkas is all scammers, ever' last onea them.  Nobody tryin' ta develop anythin' good fo' the sake o' the crypto community.  They diligently obfuscatin' they true motives behind a cloaca altruism.  But they all jist linin' they own pockets at tha expense o' all you grubby ass suckas.  As I say, fuck y'all.
legendary
Activity: 3010
Merit: 3724
Join the world-leading crypto sportsbook NOW!
January 14, 2017, 04:34:15 PM
#22
I answered "yes" but I suspect I misinterpreted the true meaning after reading the first 30 posts haha.

1. Any kind of work should get compensation. Deserves is entitlement... what's that saying? You get what you get, you deserve all the rest.

2. I do agree that a true project often starts with people who truly want to fix something, work on it, and share it. The community, having realised the worth or importance of the project, often voluntarily pays or donates. Spoetnik's right to point out the great projects all start out like this -  advocates and believers who pour their lives, money, savings, everything into an idea, and still after a working product is shared, do not feel they deserve to be rich. I myself whenever possible use these "free" projects and always pay what I believe is correct. Voluntarily. A good project will pay for itself.

3. The sad - and as a newbie only several months learning about crypto, I feel VERY sad seeing its state, especially when a newbie's education on bitcoin talks about its foundations and its ideals - truth is that crypto is seen by so many as their chance at a quick buck. Nothing wrong with wanting to make money, I do too! But I think at this rate we're going to kill the goose that laid the golden egg.

hero member
Activity: 938
Merit: 500
January 14, 2017, 01:34:52 PM
#21
Spoetnik I have the same feeling as you do. But this is wild west with new regulations, people do whatever they want to cheat money. What I don't get is that there are "investors" so stupid to invest into these ICOs.
hero member
Activity: 770
Merit: 629
January 14, 2017, 01:31:50 PM
#20
This is soooo socialist: people deciding about who should obtain other people's money Smiley

In a free market, you "deserve" something for a service, what people are willing to give you to obtain that service.  So as long as "devs" obtain what they obtain through their work, because people hand them over their money voluntarily, they "deserve" it.

That said, it is really surprising how much people are willing to hand over to devs from their own money, because they hope to get even more money from still greater fools, once they have joined "early" the crowd around the devs.  The Force is great in this greater fool stuff.

I'm even wondering whether I cannot launch "nocoin".  The particularity of nocoin is that it has no code, and I'm the principal maintainer of that absence of code.  It also has the advantage of not having a block chain, and as such, all discussions about the limitations of storage and so on are absent from nocoin.   There is also no danger about hardforking in nocoin: consensus is always reached.

I'm trying to get nocoin accepted at some major exchanges, but I have to say that the negotiations are difficult.   As there is no code or block chain, the presence on exchanges of nocoin is essential.  I was thinking of an initial offer of $10 for a nocoin, and I'm offering at this moment 2 million nocoins which will hopefully available on exchanges soon.  In fact, I'm even willing to offer a no-coin for $5 for the first million coins !  This is your opportunity !
Even better !  If you are interested, send bitcoins to this address and send me a private message here with the transaction ID, and I'll grant you the nocoins you've paid for once I get them on exchanges:

1NmFL2kVN4VWmDHZwycqQg6EMa2o4w7QyB

200 nocoins for a bitcoin !  let me know !
Limited offer !
Nocoin will boom, because it is way, way better than bitcoin or the existing altcoins: they don't consume any resources !  They can trade as fast as the website of the exchange you're on, and they surely will outpace bitcoin in a few years time.  You will regret not having bought your nocoins when they were at bargain prices !  Moreover, nocoins are perfectly anonymous and untraceable: there's no block chain that can be analysed !  There's even no IP sniffing possible: the code doesn't exist,and there is no network protocol that could be hacked !


 Grin
hero member
Activity: 756
Merit: 502
January 14, 2017, 01:31:43 PM
#19
I find this perfectly normal : why would someone talented would spend his precious time developping something that will not success because he has not enough money because he would have to work most of the time to feed his family ? Also few projects are due to a sole man, so hiring a team is also an important part, marketing does matter too, and both of these things need significant amount of money. In case of Vitalik, he did a great contribution, and I see no problem to see him being rewarded for its major contribution. Do not be jealous of the others, this is bad for you ! Just be happy for them !
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 14, 2017, 12:47:44 PM
#18
I never said dev's should always 100% of the time be forbidden from being paid.
What i pointed out is how the standard practice is to simply say you have Innovationz comin' ...later'' so....... hand me ICO'z money'z
In the tune of millions.

Not only are premines bad but the ICO method is corrupt and centralized and a step down from Bitcoin.
The ICO is no bloody fucking UPGRADE on Bitcoin people  Roll Eyes

The ICO is a drastic increase in centralization and all the related bad shit that comes with it.
How the hell do you all ignore that because the shithead loser dev showed up saying he has big plans ?

How do you chant decentralization while making it more and more centralized ?
Do you all even grasp the hypocrisy playing out here or are you that blind and greedy ?

We have losers calling them selves "Investors" then so called "open source" "coins" launched as ICO's with the "Teams" and "Foundations" collecting sick amounts of millions of dollars worth of coins all to be paid out the "Team" who all got a fancy title like CEO etc.
Yeah.. CEO of a company ?
A company people ..that is where those titles come from  Roll Eyes
Whether it's Decred or Ripple or Ethereum or LEO coin or services like Stakeminers they all got their little company titles and paychecks !

Company ?

Uhh Investards.. companies are REGULATED shits coins are not !
And since when is a centralized coin a decentralized company ?

Legit ?
Not one of you will stick your neck out and claim one coin did anything.
You yammer on about "Legit" dev's yet there is not even 1 example of the 6,000+ ANN topics here.

Are you all fucking retarded ?

You sit there and make excuses because one day 1 guy.. ONE FUCKING guy *might* be legit.
So uhhhhh yeah they "Should be paid"
Like holy christ !

That is like leaving the bank doors open all night when it's closed because 1 guy is maybe gonna be honest and not rob the bank blind.

Your stupid little facade here is going no where but down.
You will get the wrath of the authorities and lure in a few more greedy brats and more scammers.. that is it.
You all better get smart and fast because you are running out of time !

Bad behavior can and should have repercussions.. not excuses and more bad behavior.
legendary
Activity: 1862
Merit: 1004
January 14, 2017, 12:02:46 PM
#17
Good innovative ideas deserve to be rewarded. The question is how high this reward should be? Because taking millions of dollars worth of coins is too much IMO.
And we seem to be going that way. As always when in doubt - I would follow bitcoin example: Satoshi sure doesn't need any coins and he owns plenty.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 14, 2017, 11:40:22 AM
#16
Did you guys read the first post when i mentioned Ethereum ?
It's the no. 2 coin people.. uhh WTF ? you think ETH is "Legit" ?
The no. 2 coin is a fucking ICO scam for crying out loud LOL  Cheesy
The so called "dev" admits to having 4 million dollars...
So uhhhhhhhhhhh how the fuck did he get it and why did he dump ?
Then look at what ETH has accomplished.. is that worth 4 fucking million dollars ?
Of course not.. that is simply retarded !
ETH is used for trading on centralized exchanges.. that is it.
And that is your big success story and example of a "Legit" ICO coin ?
Gimme a fucking bloody break people with this "Legit coin" crap  Roll Eyes

What has ANY coin accomplished ?

..trading on polo

WHoooo boy i am sooooo fucking impressed... sound like they need a million dollars for marketing huh ?

#2 coin LOL  Cheesy
sr. member
Activity: 434
Merit: 250
January 14, 2017, 11:18:33 AM
#15
If a dev is coming up with something that is truly unique, a step forward for crypto and not just copy-pasting some code from another coin, of course they deserve to be paid.
I don't have a problem with a developer taking a percentage of the profits from a coin to cover development,
but asking for a ton of money up front is suspicious unless you have an established track record of providing development in the crypto market.

Unfortunately, making coins is the hot new scam of the last couple years.
People are getting rich off vaporware, bullshit ICOs etc because new investors are hoping to magically become a millionaire overnight.
For every decent project there are thousands that are complete garbage.
Crypto coins are the new Nigerian Prince scam.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 14, 2017, 11:10:24 AM
#14
most of what you said here doesn't make any sense to me.
i am saying if they are going to make a pump and dump coin to trade and make profit then why should they deserve any money?
Because it takes efforts to write 1000 lines of code ? I'm talking about actual projects here and not clones.Why would someone spend hours doing that if not for money ? They shouldn't deserve anything but we're not paying them out of our pockets,investors are.

Crock of fucking shit.

Most of it is code re-writing which is not the same.
None of these "coins" from the 6,000+ ANN topics have wrote any meaningful code.
The incessant chanting of innovation is a load of bullshit.

Effort ?
You are CREATING the problem to sell us all the solution.
Your fucking shit coin NEEDS to be created so you stand there and say so i NEED to be paid.

Name one "actual project" that is not a cash grab of crooked scammy bullshit.
And i will show you a market price for it that is 0.001% of the value of Bitcoin ROFL
uhh why ?

Investors ?
This is not the stock market brats.
You can quit calling yourselves "investors" because you are simply PONZI participants.
In the normal financial world the guys running these coins would be in jail.. for fraud etc.
You are not investors in fuck all.
If you were you would hold dev's accountable but you don't.
You let them have premines and wander off years ago..
Now you let them have ICO money and then wander off later.
In any other aspect of humanity these guys would be held accountable.. long term.
Not until you shit heads get bored when the pump ended and you dumped and they ohhhhh so legit dev's are now free to dump to with no over-sight or concern from anyone in the slightest.
All you brats do is jump to another coin at that point.

You all can quit making excuses for bad.
You are not fooling anyone.
All it amounts to is a bunch of scammy pieces of shit lecturing each other preaching to the choir.
The rest of the world Gove 0 fucks ..long ago.

Besides the world would be a far different place if every dev had his hand out demanding millions up front for code mod/rewrite work.
I guess i was doing it wrong all my life.. rather than handing out free compiled software i should have demanded a fortune & cried innovation etc.
Where would Linux be today ?
How about Rockbox ?
Trust me brats there is plenty of free software out there that did not get a giant pile of cash up front.
Many produced a result FIRST and then took donations after the fact.

If you don't have the means to eat while you code and pay your rent then maybe leave the coding to someone who has the financial means to do it.
Maybe some poor corrupt greedy little fucking prick in his basement should not be making the worlds internet currency for the benefit of humanity ?

All i see is greedy immoral bullshitting brats feeding each other the same tired old cliche'd defense retorts to each other year after year.. while all of planet earth ignores this shit.

Think your retarded crypto-faggotry is so legit assholes ?
Walk into a major bank and tell them you want a loan for 1 million dollars to make BlockNET.
..or yet another "mod" of it.
See how that goes dumb fucks LOL

..yup tell 'em Big time crypto-businezz up in here yo.. gonna be corporate company ceo of githubbery up in this bitch.. gonna be like all investors & shit but freedom decentralizaion ICO and mad ROI's and sick fucking innovationz & shit yo.. i jus needz me dem million dollars'sses so i can code's up all them hard'z workz !!!!111 Yeah bruh FREE MARKET dog.. DECENTRALIZAION & SHITZ !!!1 Goona be fuicking sick MOON and mad HODL up in here bro ! SICK FUCKIN' ROI'z !!!
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
January 14, 2017, 08:16:45 AM
#13
most of what you said here doesn't make any sense to me.
i am saying if they are going to make a pump and dump coin to trade and make profit then why should they deserve any money?
Because it takes efforts to write 1000 lines of code ? I'm talking about actual projects here and not clones.Why would someone spend hours doing that if not for money ? They shouldn't deserve anything but we're not paying them out of our pockets,investors are.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
January 14, 2017, 08:09:22 AM
#12
no they absolutely should not. they are not providing a service to get paid for it. and even if they think they do, they are not doing a good job to get any money for doing that job. they are incompetent programmer wannabes that think altcoins are a way to make a quick buck.
Aren't the giving investors a chance to double up their investments ? Without AltCoins,we might not have a big of  trading scene we're going through right now.I concur with that quick money making part but not every dev has that intuition.

most of what you said here doesn't make any sense to me.
i am saying if they are going to make a pump and dump coin to trade and make profit then why should they deserve any money?

if they believe in their own project then they can, by all means, start investing in it, mine and support it like the rest of the people. and maybe then they pay more attention to their own project rather than just pump and dump to get out with their premine.
If they code,they invest,they market...what makes you think they will open up the project as a free source for everybody else?

when you create a good and useful thing you don't need to advertise it, so no marketing is needed. Satoshi didn't advertise bitcoin on billboards to get people to use it.

and you didn't understand what i was talking about. i said if they invest in their project like the rest of the people instead of having ICO funds, premined coins,... they would spend more time on making something good instead of releasing a code which gets pump and dumped, has the second market cap, has 2 hard forks and still full of bugs.
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
January 14, 2017, 07:49:27 AM
#11
no they absolutely should not. they are not providing a service to get paid for it. and even if they think they do, they are not doing a good job to get any money for doing that job. they are incompetent programmer wannabes that think altcoins are a way to make a quick buck.
Aren't the giving investors a chance to double up their investments ? Without AltCoins,we might not have a big of  trading scene we're going through right now.I concur with that quick money making part but not every dev has that intuition.

if they believe in their own project then they can, by all means, start investing in it, mine and support it like the rest of the people. and maybe then they pay more attention to their own project rather than just pump and dump to get out with their premine.
If they code,they invest,they market...what makes you think they will open up the project as a free source for everybody else?
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
January 14, 2017, 07:45:54 AM
#10
no they absolutely should not. they are not providing a service to get paid for it. and even if they think they do, they are not doing a good job to get any money for doing that job. they are incompetent programmer wannabes that think altcoins are a way to make a quick buck.

if they believe in their own project then they can, by all means, start investing in it, mine and support it like the rest of the people. and maybe then they pay more attention to their own project rather than just pump and dump to get out with their premine.
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