Topic: -----SCAM ALERT, 99.9% of coins below this line are scams------ (Read 2833 times)

lol that picture is so funny. you made my day man.

@nemgun
Step on enough toes and you will get your neg's  

And too serious ? ok Horus ... LOL

This is a serious matter.. we are talking about currencies not toys.
And don't you dare say that while making very serious money (real money) from the fools.
Real easy to chant "Lighten & up" when YOU are the mother fucker walking away with a million in cash siphoned from the greedy dregs around here.

You all never show 1 shred of concern for the countless victims who get burned.
Fun ?
That is insulting and offensive.

I seen a young guy here posting a topic around the start of 2014 roughly..
He said he did not know what to do and was asking for our advice.
What he had done was show up during the super hype of late 2013 with Altcoins..
And he bought up around 5 grand worth of NMC / NameCoins using money borrowed from his Mother.
He told her it was all exploding in popularity and will be able to get her the money back soon.
But..
The price just kept on dropping more and more (it never did recover to late 2013 times)
So he posted here asking what should he do because his mom was riding him for her money back she needed badly.

YOU ALL mouthed him off and fed him the ole cliche of "don't gamble what you can not afford to lose"
None of you showed any sympathy for the guy.. you laughed at him.

Sorry but i think you are all a bunch of greedy assholes.
You never say one fucking peep about the victims.. you don't care.
You simply ignore the trail of loss and push on.. because one way or the other your dead set on gettin' yur ROI'z.

The Horus mentality is..

Don't whine about it.. "have fun" ..and go make more Bitcoin (to lose to the next coin scam hype bullshit)

Mass coin cloner Shake put in his cloning guide he does it for Fun & Profit.
Yeah i bet it's real fucking fun fleecing victims so you can drive to the bank in a god damn lambo.
While most of his victims are long gone.. cashed out and left a broke loser.

This is not a system of Penny Stocks because there is no regulations like stocks.
No one is going to jail for mass corruption like the old lady who used to bake pies on TV named Martha Stewart.

There is no rule here saying you are not allowed to post scams.
You are free to scam it up then mouth off your victims saying "..afford to lose"
and "have fun".

When was the last time you mentioned MintPal ?
Or how RealSolid sold the McxNOW database with your logins to a guy to relaunch the exchange under a new name called RawX ?

There is 1 thing you all care about and your ACTIONS prove it loud & clear..

scam or not scam, some people take things too seriously sometimes in cryptocurrency world.
there is only bitcoin that is a real currency and a good investment and we already know that. and it was proven. it has real world applications and has been around for a long time and tested.

all the rest that you see are created as an imitation game. they tried to imitate bitcoin and some of them even copied the code, but in the end none of them are offering anything that is interesting enough for a real adoption apart from trading and profit.

I like your point of view, i usually the same thing but in easier way, maybe i will end up like you, i hope i won't have as much negative trusts as you have 

Stick with bitcoin only then. Yes, there are scams and most ICOs running now can end up scams. There are risks and invest only if you can take risk. If you invest any sum of money into bitcoin or other altcoins, consider it as lost. Remember even bitcoin is a big experiment and there are no guarantees that it will succeed.

What you are talking about are symptoms and signs of INTENT.
Although i think the engineering design behind ICO's are all 100% scammy.

But that is the underlying issue at hand.
And over time has gotten extremely difficult to prove.. these guys learned years ago to cover their tracks.
Our criticisms many years ago now.. taught them how to make a better scam coin (for profits)

AND THAT to me, is what the intent is about.
When you launch a currency for profits primarily then yeah, it's a fucking scam.

Pretty simple say one thing and do another.. is fraud.
Say it's a currency then focus 100% of the efforts on getting at a high price for trading on Poloniex etc.

I don't mind profits but i did not come here ONLY for that reason.
Since this is still the early days you should be here to be a supporter and be a profiteer *combined*.
And not a leach who showed up to siphon cash money fiat from anything not bolted down.
When you change the entire scene from how it was in the past to how it is now.. it's scammy.
From the top down in every aspect we have the entire crypto machine running full tilt in greed mode.

Take Cryptsy adding an obvious pointless clone coin.. say Elephant Coin.
They know it will be listed at almost 0 satoshi's.
They claim to add it for "user demand".
We SHOULD be trading things on exchanges because they HAVE value.
Not because we are putting hollow empty block chain shells onto trade platforms..
in the hopes a naive fool will come along and buy them with real money.
That is the reverse of what should be happening !

And do i see you all with your arms raised in disgust ? Fuck no !
NONE of you give two shits if these exchange companies who are there to make a profit do this.
Nor do you care that they violate the Free Market concept by collecting your Picture ID etc.
And engineering it all to run from centralized controlled points / back room boys gangs etc.

You all are in fact full of fucking god damn shit.

What that fucking little pimple faced prick Butters did with Ethereum would have landed him large jail time in the real Stock Markets.. like Martha Stewart or Berni Madoff.
Here in Crypto ?
All of a sudden those "ideals" you are arguing about go out the window..
Because his team is pumping the coin.. and YOU smell the money.

And this is why the greed machine is doomed.
Since the entire scene functions like a Pyramid scheme then it's doomed to fail.
There has to be more users coming in than profit takers.. and this is not happening.
Because the outside world sees what i see !
And they sure as hell are not stupid are are not rushing here to buy ICO scam coins from Butters.

All this is 24/7 is a tornado of lies from scammy greedy bullshitters.
Who want nothing more than to perpetuate the slimy greedy corrupt system we have in place.
So they can pad their wallets.. WITH BITCOIN / FIAT. (not what ever shitcoin they are flogging)

Ltc is dead. It's got no interest form anyone except bagholders looking to get out but that's never happening. Just look at its charts.

Shame on you, you know nothing about LTC, it has a strong community, a foundation, active development (even if it doesn't appear), the acceptance index of LTC is growing everyday, if it was a scam, why so much people are buying using it ?
why so much people are still mining it, trading it, you should seriously dig deeper in the forum. I am sure that you consider NXT WAVE RISE LSK as super legit coins but you don't even know the background of each one.

an altcoin is called scam when there is a big amount of premine, a big ICO, and a coin that has 1 or two developers who are shady and are doing some shady things. and generally when they are out to fill their pockets only by pumping their coin and dumping their premine and ICO coin.

i am not saying litecoin is the best thing, it obviously has problems but LTC falls under none of these categories.

Just stick to BTC, LTC is as scammy as they come. It is the original alt scam.

I generally disagree with calling altcoins scam or saying things like die or live.
many altcoins will still stay around but what kind of staying around or staying alive? look at Dogecoin or Reddcoin for example they have been around for a long time, they are being mined and many use them but investing in any of them is a foolish thing and also there is not much usage for any of them. and that is true about 99% of altcoins.

I wonder what you all define as a "scam coin"

To me i have to start with..

- Launching a "Currency" with the underlying goal of trading it for profits on Exchanges.

No Altcoin of the 6,000 estimated ANN topics has come close to achieving what Bitcoin has.
Yet these "Dev's" are selling you a pipe dream.. an illusion.

It's a transparent and blatant facade.
You can't sit there and make 6 fucking thousand ANN topics and claim you think everyone that comes along will get "ADOPTED"

And if it does not get adopted.. then it is not a fucking "Currency"

Like it was claimed to be.. at launch.

AKA: A fucking scam.

Many of these dev's put on a convincing face with the story.
But at the end of the day their claims are preposterous.
History shows us they have no chance in hell at adoption.

They don't care how unlikely it is.. as long as it ends up traded on Poloniex for $100 a coin (the real goal)

A well known coin cloner who made guides on making coins said he did it for "Fun & Profit"
If you are releasing a coin for fun & profit then it is in fact 100% certified a scam.
Such as Doge coin.

The charade is obvious, it always has been.
But you all "play along" because you heard you can make Money (real money) doing it.

Most of you all play games with what you define a scam.
You are not interested in figuring out which ones are a scam.
You are interested in figuring out which one will get you Bitcoin profits.

..so yeah 99% of these fucking things are actually a scam.

id say about 10% of the alts we have today show potential for later maybe even less like closer to 5% but btc is here to stay.

For sure there's a load of coins that are nothing but a scam but you can't say there isn't ones with great potential.

For sure there's still work to be done and it seems like some coins are a bit rushed. Bitcoin is obviously my to-go choice and that won't be changes easily.

So we come to standard conclusion that we can earn fast money by investing in ICO or speculate with newly alts, wow.
I wonder if Xaurum and other alts you mentioned will be around in 2020 to back up your theory.

Bitcoin and litecoin are ok but there are still many coins worthy to get in the list,I think you are just hyping these two coins,bitcoin need not hype but litecoin need a big boost,Burstcoin and Xaurun are worthy to get into your list so is this newly launch coins Fermat and among others.

what about the Merge Mined coins? 
they basically piggy back onto the BTC and LTC networks?

also the alt sha/scrypt POWs that have managed to survive, they are proving solid but small networks that utilize the same bandwidth tech/code.

strong disagree ...
there are dozens of POS that are here and not going to die because they run on the smell of an oily rag.  Virtually nill overhead.

I think Litecoin, as you said, is a good coin, because it was fairly distributed in its early stages. The problem is that there is not much demand in the market, and as we know, price is a result of supply and demand, in addition trading volume is relatively low, such factors make Litecoin attract few traders and investors.

all but Bitcoin and a pair of threes coin dies

LTC? any specific reason to hold it for long?