Topic: POLL - Which crypto do you feel is the biggest "scam"? - - REVISED 4 ACCURACY - - page 4. (Read 5159 times)

Ethereum.

It tries to impress people with techno-babble that makes it sound like the idea is too intelligent to fail and you better buy even if you do not understand because it is going to be big.

Reality is, any crypto that fails the KISS test is dangerous. And the real-world utility of the techno-babble has not been demonstrated as something a real-world market actually exists for.

It can only be successful if the computing power it provides is cheap. It's often compared to oil, but oil is only of value because it is still cheaper than other energy sources.

As computing power continues to become cheaper and cheaper, Ethereum has to become less and less valuable or it won't be used by anyone other than a few nerds.

Yet it is being pumped like crazy. Lot of suckers out there I guess.

They're all scams and then again they're all not scams... Depends on your relative time frame. If you look all these projects from a relative time frame of 100 years, then they're all instamine scams and contain unfair distribution models...

Why don't you do your research. Follow the devs. Use the tech. Speak with their community members. Look and what's been accomplished and what's in the pipeline. Last thing I would do personally is listen to a bunch of "experts" and use a poll to ask "mirror mirror on the wall, who's the trolliest of them all?"... Too vulnerable to deception.

Honestly, they're all wonderful projects with so much untapped potential. These are exciting times in the world of fintech. Each one of those cryptocurrencies listed will play a major role in the unseen future. It's pretty unfortunate that people let their emotions get the best of them and try and smear mud on someone else's hard work. We should all be working together to try and promote the adoption of cryptocurrencies and educate people everyday about the benefits of using them in our daily lives.

But then again, what do I know. Maybe I'm just a lonely troll looking to rain of someone's parade.

Just take the time and do your due diligence

:-)

All true.

I would say..

1. dash voting in spite.
2. some people don't like was not easy for all to mine at the start.

I don't think it's a scam but a few big miners took a lot of the coins through having more skills. Is fair . I guess it is to a degree but better initial distribution and opportunity for all is advisable if you don't want people to have things to gripe about at all. Also had a few issues with people in their community but this is not strictly related to the coin itself.

Over all = not a scam.

It would be interesting to know why on the 3rd place on the ballot Monero.
After all, it is not a clone of Bitcoin, the code base is completely different.
It is based on Cryptonote, I consider a great advantage among other coins.

Absolutely, actually, you are so right, that I am officially (and scammingly   ) changing the poll title to:

"Which top 10 crypto do you feel is most likely to change its political policies in a way that affects a majority of its community members negatively."  

Because this, after all, is what any investor is concerned about when subjecting their capital to the whims of its Board of Directors.  Such decisions are weighted almost entirely on their history of either scamming (lying) or telling the truth

This, I imagine will bring bitcoin up on the list due to it's partisan blocksize ideological split.

I have reset the poll.  Thanks again for the spirited participation, and thanks for keeping my campaign honest, on task, and on point!

True but..
I'm sure most would have answered dash anyway. I can think of no greater scam on here in terms of USD value.
Most people recognise this too.

Haha

If you don't like living with the fact you have been scammed, don't own Dash


If you don't like swapping your BTC for scam coins don't own DASH.

You can't go from being a scam to a non-scam just by changing your claims after the fact.
To suggest this is just a scam sorry.

There is no point trying to reverse peoples opinion on what they have seen as fact already.

You can't launch something as being "totally fair distribution through POW" and then engineer it in your favour to keep the vast majority of the coins.

Then later say. We're changing the story to "we took all the coins and if you want to buy some for inflated prices you can" - see we are honest now so it is not a scam anymore

It's a total scam - will always be a scam.

Bumping this thread is crazy unless you're anti dash. People have to read through all the comments listing dash as number 1 scam before they get to your excuses justifying the scam asking them to accept paying btc  to be dictated to by a scammer.


A few coins are trying to get on the old masternodes train lately. Look around and buy improved dash for 1000x less .

Haha, thank you.  You officially made my morning.

It is not likely that it started with good intentions. The evidence of scamming dates back from before the launch.

It is also not accurate to say that the public "knows the truth". People continue to be misled by the propaganda being disseminated by Dash supporters claiming, for example, that the coins were "redistributed in the market" (when this is at best unprovable), or that the people involved had and have good intentions because the instamine was all a tragic accident (at best unlikely).

As long as attempts to mislead and confuse continue, and especially if they continue to succeed (and they do, as we continue to encounter people such as yourself who are confused), the scamming is ongoing, and not only a historical event.

Evan scammed that's why he become a dictator..

a "scam before" cannot "un-scam" itself ..

DASH is a scamocracy 

If you don't like living in a Dictatorship, don't own DASH.

Is that a simple enough truth for you?

Oh lordie, there is certainly an XKCD comic regarding this cluster-fuck of an attempt to portray understanding.

Sorry, let me clarify.

DASH is no longer a scam because we all know now that its governance model is a Dictatorship.

DASH was a scam before this occurred, when it started out as a "Hashocracy/Meritocracy" hybrid.  

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m8s

Yes, like many political systems that start out with certain "ocracy" good intentions they have a slimy way of being corrupted over time (power corrupts weak minds), which is exactly what occurred here with DASH.  Until Evan pulled the scam, this coin was indeed scam free.  And now that the public knows the truth (that Evan is simply a Dictator), then it is no longer a scam.

TLDR:  If I'm telling you that I am a liar, and I lie to you, then I made no misrepresentation.  Since Evan is showing us that he is a dictator, we cannot claim that we did not see it coming when he changes the politicies of his community on a whim.

ELI5:

A dictator is not a liar (scammer), he just has the power to get away with lying to you


 

When you define a common word in such a way that virtually nothing qualifies (short of being held up at gunpoint in a back alley), that is a good clue you are defining it in a manner that you invented and not in a manner consistent with standard English.

But in the end it doesn't matter. A scam by any other name will stink just as badly.

LOL, You kids kick ass!

Proving once again that you can't make all the people happy all the time, just like on Capital Hill!

But enough distraction from the important political issues, like "how can blockchain technology root out corruption in your government!"  

Do you like what your elected officials are doing with your tax dollars.  Don't get me started.

I came here hoping that today's American youth will help me make America great again, and it seems to be working:


Thank you for your input again smooth, you have clarified my concerns allowing me to reach the conclusion that DASH is indeed 100% not a scam.  Dash is just a community that is ruled by a king or dictator.  Those who buy DASH are completely at his mercy.  And that is OK, because they are free to leave (sell their coins) at any time.  I personally will not allow a dictator to determine the value of my money.  Thanks again to smooth and the rest of you guys for helping point out the obvious.  It just takes me longer to comprehend your terminology since I am not as familiar with tech as I am with the politics of business.

Which brings us to the other elephant in the room.  Amanda B. Johnson is completely wrong when she describes DASH's governance model as anything but a kingdom.  I'm sure that she believed the DASH propaganda before seeking the facts as I did.  I hope that she will show high personal and journalistic integrity by recanting her false reporting here when she calls DASH's governance structure a "hashocracy/meritocracy hybrid" when the indisputable facts reveal that DASH is nothing more than a dictatorship or kingdom.  

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=16s

It's OK for DASH to adhere to a dictatorship governance model, however, it is not OK for people to be lied to (which is what is occurring here).

OK, so since DASH is not a hybrid hashocracy/meritocracy, but this "Decred" coin is, maybe?

I'll check into this some more.  Thanks again.  I'm all about the governance aspect of crypto because I hate getting schlonged by those whom I elect to govern me.

TLDR:  The "scam" or lie that is portrayed by the DASH community is that its governance model is a "Hashocracy/Meritocracy hybrid" when in reality it is a Kingdom or Dictatorship.

I don't remember what parts of masternodes you think are the most scammy.

The technology is unsound and won't hold up under a decentralized adversarial scenario (it may hold up currently in practice because of latent centralization). Economically the people with the most masternodes will both earn disproportionately more money (especially since that masternodes don't really service any real workload and you can host 100 masternodes on one server) and have disproportionate influence in voting, which can in turn be used to make them more money. The scheme is designed to funnel money from outsiders to insiders.

The whole thing is a such a complete clusterfuck resulting from poor critical thinking skills (and/or deliberate scamming) in so many ways that I don't really know which ones to call out specifically.

Dash is scam said by the satoshi round table itself.
So everyone on dash will have to think twice about the said alt coin.

Damn smooth, you force me to post again. I was waiting for you to answer him and expecting... Please don't forget to make the point that masternodes are themselves an ongoing scam which you and I have both pointed out in the past. I will let you elaborate...I hope I don't need to post again.

Changing the wording of a poll after people have voted on it?

SCAM!