Topic: Stop cloning scamcoins! (Read 3415 times)
One should start FairCoin FC to overtake FeatherCoin FC.
YASC. Yet Another Spam Coin.
More like spamcoins...
Can I not see -yet- another xcoin when I visit this subforum once per couple days? Now it's Feathercoin ....-_-;
On an another level this also shows a new (post copyright/patent) way of doing things - you can copy all that you like (and are free to do so) but when the product is free in the first place unless you have something much better on offer then you simply have nothing better to offer.
I think this is something that the big copyright/patent advocates should be paying attention to (as according to their theories Bitcoin should have already been consumed by its clones).
Satoshi didn't bother to copyright or patent anything - yet no-one has been able to better it - not the kind of thing that occurs in the "we are being ripped off more than the entire economy of film making" claims of Hollywood and the "we would all be ruined" claims by the big pharma companies.
I think this is something that the big copyright/patent advocates should be paying attention to (as according to their theories Bitcoin should have already been consumed by its clones).
Satoshi didn't bother to copyright or patent anything - yet no-one has been able to better it - not the kind of thing that occurs in the "we are being ripped off more than the entire economy of film making" claims of Hollywood and the "we would all be ruined" claims by the big pharma companies.
Personally I think there should be a new coin every day - if that were to go on for a few weeks then no-one would ever bother looking at an alt coin again (unless it could *really* stand out from the other piles of crap being churned out).
When they realize how difficult it is to get anyone else to mine their scamcoins, they will understand that early adopters didn't just get free money. Personally I think there should be a new coin every day - if that were to go on for a few weeks then no-one would ever bother looking at an alt coin again (unless it could *really* stand out from the other piles of crap being churned out).
+1
Selling scamcoins is like selling magic beans. Just because some sucker will buy them doesn't mean it's the right thing to do.
but what if its one sucker selling it to another sucker??
you mean ripples?
Selling scamcoins is like selling magic beans. Just because some sucker will buy them doesn't mean it's the right thing to do.
Turns out Jack got a good deal though, sometimes they really ARE magic beans!
Personally I think there should be a new coin every day - if that were to go on for a few weeks then no-one would ever bother looking at an alt coin again (unless it could *really* stand out from the other piles of crap being churned out).
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
I have to agree that pure unabashed clones are a waste of time even when created without any malicious intent. If you have some technical improvement try to convince an existing coin to implement it first before spinning off a new coin.
Technical in what way? For instance I wanted to improve the UI a bit with more features, if I can of course, but anything more important as changing part of the protocol to do something in a different way, like PPC does proof of stake blocks, is beyond me.Though I did want to go for increased precision, i.e less than 0.00000001.
I have to agree that pure unabashed clones are a waste of time even when created without any malicious intent. If you have some technical improvement try to convince an existing coin to implement it first before spinning off a new coin.
ElBurro: people said same thing when Litecoin was out.
Frankly, it's not a bad idea to make useless copycats. It diverts ignorant miners to the new worthless clone taking their Khs with them.
Because many members of the general public will presume one currency will win out in the end, rendering others useless. Exactly the same reason that so many people invest in so many useless coins here, because they are speculating that one "might be the big thing" and dominate the rest. For example people might invest in myspace without competitors, or they might invest in facebook without competitors, but many people may just hold out if facebook and myspace were competing against each other thinking on or the other would win out eventually. No one wants to back a myspace.
At one point in time MySpace was THE thing to back but time progresses, society evolves. Even if Bitcoin becomes mainstream and becomes the worldwide currency it won't be the last currency we ever use. Time progresses, society/technology evolves, someday there will be something better. Stop fighting it.
Bitcoin was made open-source to encourage alt-coins for people to speculate and experiment with. Even alt-coins with minor changes can reveal new things to better crypto-currency overall.
If someone designs a crypt just to test a faster block tme and we learn it works or doesn't work, that was of value.
If someone changes just the block reward schema and we learn that it makes the coin more or less volatile or influences the market to make it more or less heavily traded (like how DVC is worth nothing simply because it's block reward is so high) then that was knowledge of value.
Stop hating and worrying about whether your coin is going to last as others come out because one day, it won't.
I have no problem with alt currencies and genuine improvements over BTC. If people want to experiment with new things... awesome. What I'm saying is, if you're making an alt coin, make it an alternate. Something like Bytecoin is a perfect example of what we don't need. At the moment there is next to no real variation or innovation within the alt-coin sector. Generally speaking minor changes have taught us zero things that we didn't already know about cryptocurrency. Please list 5 improvements alt-coins have brought to cryptocurrency so far.
Again, no problem if BTC is eventually superseeded as it will be with something better, but you have to separate people complaining about pointless clones with no innovation which are just pump and dumps against some truly new innovation.
Ya it's a free world I suppose.
Surprised Terracoin is still alive. It's been having pretty serious problems recently...
I'm warming up to Novacoin myself.
If you don't like a coin you don't have to get any, or mine it. Litecoin makes sense and the other new alts don't really have a big enough piece of the cryptocoin pie to really bother anyone IMHO. I'd say maybe 1 in 50 dudes in the street, tops , knows about Bitcoin. It'd be like 1 in 100,000 for Litecoin maybe? If you can find anyone on the street who has heard of Terracoin or PPC or what have you, I'll give you a wonderful prize.
Surprised Terracoin is still alive. It's been having pretty serious problems recently...
I'm warming up to Novacoin myself.
If you don't like a coin you don't have to get any, or mine it. Litecoin makes sense and the other new alts don't really have a big enough piece of the cryptocoin pie to really bother anyone IMHO. I'd say maybe 1 in 50 dudes in the street, tops , knows about Bitcoin. It'd be like 1 in 100,000 for Litecoin maybe? If you can find anyone on the street who has heard of Terracoin or PPC or what have you, I'll give you a wonderful prize.
Because many members of the general public will presume one currency will win out in the end, rendering others useless. Exactly the same reason that so many people invest in so many useless coins here, because they are speculating that one "might be the big thing" and dominate the rest. For example people might invest in myspace without competitors, or they might invest in facebook without competitors, but many people may just hold out if facebook and myspace were competing against each other thinking on or the other would win out eventually. No one wants to back a myspace.
At one point in time MySpace was THE thing to back but time progresses, society evolves. Even if Bitcoin becomes mainstream and becomes the worldwide currency it won't be the last currency we ever use. Time progresses, society/technology evolves, someday there will be something better. Stop fighting it.
Bitcoin was made open-source to encourage alt-coins for people to speculate and experiment with. Even alt-coins with minor changes can reveal new things to better crypto-currency overall.
If someone designs a crypt just to test a faster block tme and we learn it works or doesn't work, that was of value.
If someone changes just the block reward schema and we learn that it makes the coin more or less volatile or influences the market to make it more or less heavily traded (like how DVC is worth nothing simply because it's block reward is so high) then that was knowledge of value.
Stop hating and worrying about whether your coin is going to last as others come out because one day, it won't.
imo this is like saying.... lets get rid of platinum, silver, palladium... and while we're at it -- eliminate copper, bronze, and every other metal we have... because we have gold.
I read that to myself in Bender's voice.
Lol... i should have said "bite my shiney golden metal a..."
imo this is like saying.... lets get rid of platinum, silver, palladium... and while we're at it -- eliminate copper, bronze, and every other metal we have... because we have gold.
Ok let's make one thing clear. Metal's have inherent value with their uses in different applications. Rarity ties in with it also - but it's value is derived from applications.
Cryptocurrency in general has value, because it's used for transactions, cheap money transfer etc. Different coins at the moment offer no inherent added value over each other. It would be more like saying let's get rid of Gold A and Gold B, and just have Gold.
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