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Topic: "Scam" coins, Pump and Dump (Read 1525 times)

newbie
Activity: 28
Merit: 0
June 13, 2013, 07:11:32 PM
#36
If you want to make money, make something unique.  Solve another problem.  Here's a short list of problems in the world off the top off my head:



Journalism is reactive and low quality.  It needs to be objective and investigative journalism is important.  

Same with politics; reactive not objective.

We still rely on fossil fuels.

We need more bitcoin based businesses for the bitcoin economy to evolve from a speculative thing to a store of value to a useful currency.  There are parts of the world that would benefit greatly from the technology but just don't know about it.  Go bring bitcoin to Argentina, Iran, Africa, etc.



Cliche as fuck, but don't follow; lead.  So much effort is wasted on trying to emulate successful ideas.  Use that energy to do something new.  Don't be a parasite.  

bitcoin will never be a usable curentcy as there is not enuf of them i try my best to stay away from its slow transaction times and its micro transactions

Great points.  Any proof-of-work coin will run into similar problems.  Copying bitcoin because bitcoin is flawed doesn't fix the problem.  But that's exactly what so many alt coins are doing right now.  



my crypto will have ether  60 bilion total coins or 600 bilion its undecided at the min lol take a look https://bitcointalksearch.org/topic/ann-crd-credits-a-new-crypto-with-real-innovation-226582

i would be interested in feedback / what people want


DVC -> 5,000,000,000+ Outstanding devcoin per developers! *as of 6/13/2013

newbie
Activity: 28
Merit: 0
June 13, 2013, 07:08:28 PM
#35
pretty easy, i';m thinking of making an automated scam coin generator

how much? ...>> RESERVED!!!
newbie
Activity: 11
Merit: 0
June 13, 2013, 06:55:27 PM
#34
We need a coin made for pumping and dumping, PDC

Yes.  All Bitcoin talk members can be in on the premine and we can spread it to the other forums!


HAHA Smiley (just needed something to get a 5th post and break out of the newbie forum , however i do find this thread genuinely hilarious Smiley )
member
Activity: 85
Merit: 10
Fortune favors the bold and brave
June 13, 2013, 06:53:28 PM
#33
If you want to make money, make something unique.  Solve another problem.  Here's a short list of problems in the world off the top off my head:



Journalism is reactive and low quality.  It needs to be objective and investigative journalism is important. 

Same with politics; reactive not objective.

We still rely on fossil fuels.

We need more bitcoin based businesses for the bitcoin economy to evolve from a speculative thing to a store of value to a useful currency.  There are parts of the world that would benefit greatly from the technology but just don't know about it.  Go bring bitcoin to Argentina, Iran, Africa, etc.



Cliche as fuck, but don't follow; lead.  So much effort is wasted on trying to emulate successful ideas.  Use that energy to do something new.  Don't be a parasite. 

bitcoin will never be a usable curentcy as there is not enuf of them i try my best to stay away from its slow transaction times and its micro transactions

Great points.  Any proof-of-work coin will run into similar problems.  Copying bitcoin because bitcoin is flawed doesn't fix the problem.  But that's exactly what so many alt coins are doing right now. 



my crypto will have ether  60 bilion total coins or 600 bilion its undecided at the min lol take a look https://bitcointalksearch.org/topic/ann-crd-credits-a-new-crypto-with-real-innovation-226582

i would be interested in feedback / what people want

Unless you have built something which adjust money supply; it will run into the same deflation bitcoin will.  Fixed supply = deflation; the amount of the fixed supply is practically inconsequential.  The number of bitcoins doesn't even matter; even with 1 btc, we could divide it infinitely and trade pieces of it.

I will repeat; copying bitcoin because bitcoin is flawed doesn't fix the problem. 

Alt coin creators need to think "what problem does this solve"?  And then really analyze how it solves it. 
legendary
Activity: 868
Merit: 1000
ADT developer
June 13, 2013, 06:48:46 PM
#32
If you want to make money, make something unique.  Solve another problem.  Here's a short list of problems in the world off the top off my head:



Journalism is reactive and low quality.  It needs to be objective and investigative journalism is important. 

Same with politics; reactive not objective.

We still rely on fossil fuels.

We need more bitcoin based businesses for the bitcoin economy to evolve from a speculative thing to a store of value to a useful currency.  There are parts of the world that would benefit greatly from the technology but just don't know about it.  Go bring bitcoin to Argentina, Iran, Africa, etc.



Cliche as fuck, but don't follow; lead.  So much effort is wasted on trying to emulate successful ideas.  Use that energy to do something new.  Don't be a parasite. 

bitcoin will never be a usable curentcy as there is not enuf of them i try my best to stay away from its slow transaction times and its micro transactions

Great points.  Any proof-of-work coin will run into similar problems.  Copying bitcoin because bitcoin is flawed doesn't fix the problem.  But that's exactly what so many alt coins are doing right now. 



my crypto will have ether  60 bilion total coins or 600 bilion its undecided at the min lol take a look https://bitcointalksearch.org/topic/ann-crd-credits-a-new-crypto-with-real-innovation-226582

i would be interested in feedback / what people want
member
Activity: 85
Merit: 10
Fortune favors the bold and brave
June 13, 2013, 06:43:14 PM
#31
If you want to make money, make something unique.  Solve another problem.  Here's a short list of problems in the world off the top off my head:



Journalism is reactive and low quality.  It needs to be objective and investigative journalism is important. 

Same with politics; reactive not objective.

We still rely on fossil fuels.

We need more bitcoin based businesses for the bitcoin economy to evolve from a speculative thing to a store of value to a useful currency.  There are parts of the world that would benefit greatly from the technology but just don't know about it.  Go bring bitcoin to Argentina, Iran, Africa, etc.



Cliche as fuck, but don't follow; lead.  So much effort is wasted on trying to emulate successful ideas.  Use that energy to do something new.  Don't be a parasite. 

bitcoin will never be a usable curentcy as there is not enuf of them i try my best to stay away from its slow transaction times and its micro transactions

Great points.  Any proof-of-work coin will run into similar problems.  Copying bitcoin because bitcoin is flawed doesn't fix the problem.  But that's exactly what so many alt coins are doing right now. 

legendary
Activity: 868
Merit: 1000
ADT developer
June 13, 2013, 06:31:58 PM
#30
If you want to make money, make something unique.  Solve another problem.  Here's a short list of problems in the world off the top off my head:



Journalism is reactive and low quality.  It needs to be objective and investigative journalism is important. 

Same with politics; reactive not objective.

We still rely on fossil fuels.

We need more bitcoin based businesses for the bitcoin economy to evolve from a speculative thing to a store of value to a useful currency.  There are parts of the world that would benefit greatly from the technology but just don't know about it.  Go bring bitcoin to Argentina, Iran, Africa, etc.



Cliche as fuck, but don't follow; lead.  So much effort is wasted on trying to emulate successful ideas.  Use that energy to do something new.  Don't be a parasite. 


bitcoin will never be a usable curentcy as there is not enuf of them i try my best to stay away from its slow transaction times and its micro transactions
member
Activity: 85
Merit: 10
Fortune favors the bold and brave
June 13, 2013, 06:25:33 PM
#29
If you want to make money, make something unique.  Solve another problem.  Here's a short list of problems in the world off the top off my head:



Journalism is reactive and low quality.  It needs to be objective and investigative journalism is important. 

Same with politics; reactive not objective.

We still rely on fossil fuels.

We need more bitcoin based businesses for the bitcoin economy to evolve from a speculative thing to a store of value to a useful currency.  There are parts of the world that would benefit greatly from the technology but just don't know about it.  Go bring bitcoin to Argentina, Iran, Africa, etc.



Cliche as fuck, but don't follow; lead.  So much effort is wasted on trying to emulate successful ideas.  Use that energy to do something new.  Don't be a parasite. 
legendary
Activity: 868
Merit: 1000
ADT developer
June 13, 2013, 06:12:42 PM
#28
i am making a pump and dump proof coin   Grin

what is the name of your new coin ? Seems to be most important parameter in alt world

its still a work in progress  Smiley


https://bitcointalksearch.org/topic/ann-crd-credits-a-new-crypto-with-real-innovation-226582
legendary
Activity: 868
Merit: 1000
ADT developer
June 13, 2013, 06:11:49 PM
#27
i am making a pump and dump proof coin   Grin

Oooh! Can I get in on the premine!? Whoo!

no premine 30days notis before relece ( fair relece )
will have pools and be on cryptcy from day 1
will have masaging feture
and will beable to be used in  facebook shops  ( i run a facebook busnes and im talking to alot of people )
full member
Activity: 133
Merit: 100
June 13, 2013, 06:11:25 PM
#26
i am making a pump and dump proof coin   Grin

what is the name of your new coin ? Seems to be most important parameter in alt world
sr. member
Activity: 476
Merit: 250
What do you call a fish with no eyes? A Fsh!
June 13, 2013, 06:07:32 PM
#25
i am making a pump and dump proof coin   Grin

Oooh! Can I get in on the premine!? Whoo!
legendary
Activity: 868
Merit: 1000
ADT developer
June 13, 2013, 06:06:21 PM
#24
i am making a pump and dump proof coin   Grin
sr. member
Activity: 476
Merit: 250
What do you call a fish with no eyes? A Fsh!
June 13, 2013, 05:57:21 PM
#23
We need a coin made for pumping and dumping, PDC

Yes.  All Bitcoin talk members can be in on the premine and we can spread it to the other forums!
newbie
Activity: 8
Merit: 0
June 13, 2013, 12:33:31 AM
#22
We need a coin made for pumping and dumping, PDC
full member
Activity: 168
Merit: 100
June 12, 2013, 10:52:56 PM
#21
Well bitcoin is open source...  You might want to look up the network effect though Wink
newbie
Activity: 6
Merit: 0
June 12, 2013, 10:48:46 PM
#20
Go for PowerCoin it has real innovations and would be promoted to the masses soon. If you want longterm coins not pump and dump go for PowerCoin.
newbie
Activity: 4
Merit: 0
June 12, 2013, 08:28:50 PM
#19
Definitely don't invest any money into a new coin unless you think it has a good reason to exist. If its simply a copy of another coin with one or two settings changed, then its most likely a "scam" coin which will most likely never have any value in the long run.

If you wanna 'get rich from launching a coin', then implement a new feature and innovate, if you have enough knowledge to launch a coin, spend just a little more time to try and do something new/different. At this point all the copy cats have had their day if you ask me, I don't think we will see too many more 'junk coins' take off in the near future.

If I made another "Ripple" type coin, would that be able to make money?
I would make it open source, etc. so it will not be a scam.

It has to be Open Source Coin and make the difficulty lower ...
sr. member
Activity: 476
Merit: 250
What do you call a fish with no eyes? A Fsh!
June 12, 2013, 08:17:20 PM
#18
Go for the gold, with Goldcoin (GLD)!  Grin

+1

Bitshire Hathaway?
Can I invest in you?
full member
Activity: 182
Merit: 100
June 12, 2013, 07:41:41 PM
#17
Go for the gold, with Goldcoin (GLD)!  Grin

+1
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