Stop Scam : Request Bitcointalk to create a system!

money420weed

member

Activity: 78

Merit: 10

Quote from: cassius69 on July 24, 2014, 01:36:03 PM

Quote from: Testing123 on July 24, 2014, 08:40:41 AM

Quote from: -ck on July 22, 2014, 09:02:06 PM

The solution's always been there: Remove all altcoin discussion.

Couldn't agree with you more.
Bitcointalk is a bitcoin forum and it should focus on bitcoin only.

what a curmudgeon.

yes 99% of altcoins are a scam but that one coin that does the job is going to change the world.

your flat earth attitude is out of touch with the times.

I wouldn't say that these altcoins are scams, but I would say that they eventually will be useless and worthless.

MegaHustlr

hero member

Activity: 601

Merit: 500

Vote 4fryn :)

I wouldn't say 99% of them are scams but most of them are just stupid or worthless.

Quote from: patapato on July 24, 2014, 12:42:47 PM

Scamcoins are not so bad, only the fools are fooled. Ecosystem with natural selection.

I agree with this fully. A fool is easy parted with his money they say.

Though I dont bother with them I think alt coins should stay. Keeping them out of the way in there own section is adequate. Those that get scammed in there just have to learn their lesson.

cassius69

sr. member

Activity: 280

Merit: 250

Quote from: Testing123 on July 24, 2014, 08:40:41 AM

Quote from: -ck on July 22, 2014, 09:02:06 PM

The solution's always been there: Remove all altcoin discussion.

Couldn't agree with you more.
Bitcointalk is a bitcoin forum and it should focus on bitcoin only.

what a curmudgeon.

yes 99% of altcoins are a scam but that one coin that does the job is going to change the world.

your flat earth attitude is out of touch with the times.

forsakenpnut

full member

Activity: 126

Merit: 100

This is a good idea. I would agree with the op on this. It would help the coins.

patapato

member

Activity: 93

Merit: 10

Scamcoins are not so bad, only the fools are fooled. Ecosystem with natural selection.

Testing123

hero member

Activity: 561

Merit: 500

Quote from: -ck on July 22, 2014, 09:02:06 PM

The solution's always been there: Remove all altcoin discussion.

Couldn't agree with you more.
Bitcointalk is a bitcoin forum and it should focus on bitcoin only.

Relnarien

sr. member

Activity: 399

Merit: 257

Most people who have lost money on a scamcoin have been warned multiple times by people who can see past the hype. More often than not, those who are merely doing a good deed by warning potential victims are accused of spreading FUD by the same people that they are trying to protect. And when they do become victims, instead of thanking the people who tried to warn them, they blame the "FUD-ers" for somehow causing the coin to collapse. Scamcoin victims blame everyone but themselves -- that's why they're victims.

If you think a coin is a scam, then just ignore it. Let the get-rich-schemers play among themselves. Without a regulation of cryptocurrencies, the only way to stop scams is to not keep them alive by not continuously pointing people at their direction.

galbros

legendary

Activity: 1022

Merit: 1000

It would be way easier for them just to ban the altcoin section. I hope they wont do that.

You just have to be very cautious with alt coins. As you note, most of them are not serious.

dogetime

sr. member

Activity: 257

Merit: 250

BUY BUY CELL CELL

So centralizing the control over which coins can get listed to a small group of senior and hero members, how could that ever go wrong. A scam dev would just have to pay these members on the side to get their coin added. Also there are the implications of giving noobs a false sense of security, that if a coin is listed it must have been through this auditing by 'respected' members so it's not a scam.

To the others suggesting that new coins have to pay a fee to list their threads, where would this money go? I suspect it wouldn't be to charity.

Whilst I agree that something needs to be done, this is not the right way, as others have said most scam coins aren't even obvious until after launch.

Good luck trying to regulate an unregulated market full of participants who hate regualtion though Cheesy

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

It is not scammers that are bad it is people who trust them, they are hurting themselves. Altcoin sooner or later are gonna fail. If you want to trust someone you either are idiot, mega optimist or you just want to be scammed.

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

The solution's always been there: Remove all altcoin discussion.

iTRADEbtc

member

Activity: 64

Merit: 10

Generally speaking all alt coins are eventually going to fail. Anyone that understands this but chooses to invest anyway deserves to lose their shirt with the alts.

Tree Fiddy

full member

Activity: 126

Merit: 100

Quote from: baby222 on July 22, 2014, 01:25:24 PM

Quote from: cassius69 on July 22, 2014, 10:45:49 AM

charge .2 btc to create a thread in this forum.

mabye is a good idea

If you want to lose web traffic.

baby222

hero member

Activity: 1008

Merit: 501

Quote from: cassius69 on July 22, 2014, 10:45:49 AM

charge .2 btc to create a thread in this forum.

mabye is a good idea

hilariousandco

global moderator

Activity: 4046

Merit: 2732

Join the world-leading crypto sportsbook NOW!

Sometimes getting burned is the only way they'll learn. There's not much you can do for people who are motivated by greed or the need to get rich quick and those people are always ripe to get scammed. If they wern't getting scammed on here they'd be out buying snake oil in the real world. This forum really can't be held responsible for scammers or the people they con, but the community can help police these shit/scam coins by continually warning them of the dangers, but of course many wont listen and just want to jump on the next big thing regardless and lose their money in the process.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: hilariousandco on July 22, 2014, 12:30:28 PM

Here's a solution: stop dealing with these shitcoins. You can secure your money by stop giving it to scammers. If you take the risk with them and you get scammed in whatever way it's nobody else's fault but your own. Seriously, 99.9% of these coins should just be ignored. Ignore them and they'll go away.

That's the solution to us, or I guess mostly experienced people?
What about those newer ones and/or investors? Once they get burned by such a coin, I'm pretty sure that they won't come back.

hilariousandco

global moderator

Activity: 4046

Merit: 2732

Join the world-leading crypto sportsbook NOW!

Here's a solution: stop dealing with these shitcoins. You can secure your money by stop giving it to scammers. If you take the risk with them and you get scammed in whatever way it's nobody else's fault but your own. Seriously, 99.9% of these coins should just be ignored. Ignore them and they'll go away.

devachelekar

sr. member

Activity: 382

Merit: 250

Quote from: StephenJH on July 22, 2014, 11:24:56 AM

Quote from: binkshurts on July 22, 2014, 10:54:12 AM

Quote from: StephenJH on July 22, 2014, 10:52:13 AM

100 post minimum to post a topic in Announcements.

plus:
"charge .2 btc to create a thread in this forum."

wouldn't that encourage spam?

i agree some moderation is needed but at what point do we draw the line

Yeah it could... just looking for some bench-marks too.

I like the idea of charging a couple hundred bucks to start an ANN though. Anyone or anyone group of 'ninja coders' who believe in their product can afford this. Obviously this won't stop tom-foolery since many unscrupulous fellows will see this as a cost of doing business but I bet it would slow the flood-waters.

We just want to slow it so that the faith in crypto remains in tact.

StephenJH

hero member

Activity: 1470

Merit: 521

No more Rekt and Bust

Quote from: binkshurts on July 22, 2014, 10:54:12 AM

Quote from: StephenJH on July 22, 2014, 10:52:13 AM

100 post minimum to post a topic in Announcements.

plus:
"charge .2 btc to create a thread in this forum."

wouldn't that encourage spam?

i agree some moderation is needed but at what point do we draw the line

Yeah it could... just looking for some bench-marks too.

I like the idea of charging a couple hundred bucks to start an ANN though. Anyone or anyone group of 'ninja coders' who believe in their product can afford this. Obviously this won't stop tom-foolery since many unscrupulous fellows will see this as a cost of doing business but I bet it would slow the flood-waters.

Lepra

newbie

Activity: 48

Merit: 0

I don't think that .2 btc will stop scams and every one can rise rank with useless posts

cassius69

sr. member

Activity: 280

Merit: 250

this forum isnt going to do anything to stop scams.

Amph

legendary

Activity: 3248

Merit: 1072

Quote from: MisO69 on July 22, 2014, 10:42:27 AM

At best you can prevent noobs from creating new threads. That will not stop the problem as I believe that these scammer devs have many sock puppet accounts with 40+ activity.

if you wait some more time they will have hero puppet aka lol

some of them have even registered aka in 2013

all those scam coins are knc and other mega btc farm fault, normal people can't mine btc tnx to them..fuck that centralized bitcoin network

ObscureBean

legendary

Activity: 1148

Merit: 1000

Quote from: devachelekar on July 22, 2014, 10:37:58 AM

Quote from: kryptopojken on July 22, 2014, 10:35:55 AM

Guys, what you're doing now will only lead to bitcointalk closing down this sub forum. This is the wild west and that's the way it's supposed to be! If you want regulation, go trade interest rates Wink

Looking at the current scenerio of crypto world, scams are more than actual good coins. There is only a fooling machine where new comers are fooled.

I'm with kryptopojken on this one. I don't like scams any more than the next guy but I don't think it's a good idea to impose the kind of restrictions you're suggesting.
In the end it's up to each and everyone to decide what coins they want to invest in. It's their responsibility. I got burned myself a few times buying up scamcoins but I only got myself to blame for it. I don't blame the scamming devs one bit. I chose to invest. I would have avoided some of those coins if I'd been less lazy and had gone through the ANN thread before buying on Bittrex. I think the best we can do is to try and educate people on how to spot scams.

MCMK

full member

Activity: 188

Merit: 100

There would just need to be a third party group that would review and/or "rate" the new coin (on what metrics I do not know). It would take reputable members for their opinions to matter. This would be something that new coins that are "reputable" would strive to attain, perhaps certification of some kind.

In the end it would come down to trust that this group would be honest and not sell out. With all things involving money there is little trust to be had.

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: Netnox on July 22, 2014, 10:57:20 AM

Just close new announcements Topics from now on at this section. Make a new sticky Topic to discuss possible solution until there is one

well, I want new coins Grin

I don't mine BTC, don't give a shit about LTC and DRK so I want new coins... not 5 every days though...

Netnox

legendary

Activity: 2044

Merit: 1008

Just close new announcements Topics from now on at this section. Make a new sticky Topic to discuss possible solution until there is one

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: StephenJH on July 22, 2014, 10:52:13 AM

100 post minimum to post a topic in Announcements.

but since you can buy username Grin

I think for all new coin, we should be able to access more info regarding the poster...
(IP, other accounts, numbers etc... things like that... I think it is possible, I remember during PoS only giveway the devs were able to tell if it was a real account or not)

binkshurts

member

Activity: 84

Merit: 10

Quote from: StephenJH on July 22, 2014, 10:52:13 AM

100 post minimum to post a topic in Announcements.

plus:
"charge .2 btc to create a thread in this forum."

wouldn't that encourage spam?

i agree some moderation is needed but at what point do we draw the line

StephenJH

hero member

Activity: 1470

Merit: 521

No more Rekt and Bust

100 post minimum to post a topic in Announcements.

plus:
"charge .2 btc to create a thread in this forum."

raizor

full member

Activity: 171

Merit: 100

Some people just want to watch the world dance.

I feel your pain but I also believe that it's impossible to stop the scams without inadvertently stifling great new coins. It's often really hard to tell from the outset which coins are legit and which are cynical pump and dump bait. Personally, I think it would be far better to have some stickied threads to provide newcomers to the cryptocurrency scene with tips and a list of things to watch out for. Let's not forget that greed is often the reason people get burnt. If something looks to good to be true, it nearly always is. Just my two cents.

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: devachelekar on July 22, 2014, 10:30:26 AM

So many scams!! More than 80 percent coins are believed to be scam. Money is lost and this is not good for Crypto World where new people are joining everyday. It is a bad signal for the welfare of Crypto currency.

We need to have a system where new announcement of coins should go through a system where a voting list or may be the assurance of Hero, senior, full members count.

Define scam... ?
You can put whatever system you want, it won't prevent morons from jumping in every scammy IPO (or ICO) and if you try to warn them... you are a troll and/or a fuder (who want to buy all the coins... Grin

).
The level of stupidity has never been so high... Grin

one good measure: put pressure on the exchange so that they refuse to harbor IPO coin (Bittrex is doing 3 or 4 IPO is less than 2 weeks... )

letmegohome

newbie

Activity: 13

Merit: 0

everybody do something ,let scam coin get out of here .

david1365

legendary

Activity: 994

Merit: 1000

Yeah, totally agree

cassius69

sr. member

Activity: 280

Merit: 250

charge .2 btc to create a thread in this forum.

devachelekar

sr. member

Activity: 382

Merit: 250

Quote from: MisO69 on July 22, 2014, 10:42:27 AM

At best you can prevent noobs from creating new threads. That will not stop the problem as I believe that these scammer devs have many sock puppet accounts with 40+ activity.

Education is an option but that takes time and will constantly change. Scams evolve as crypto evolves. I think we need to figure out who these individuals are and then report them to the authorities in the countries that they operate in. Good luck with that since most of them are hiding behind anonymity services.

So what can we do? Delete the Announcements section and not allow any new coin launches here.

Scams won't be stopped.. thats real. But can it be controlled then?

MisO69

legendary

Activity: 1946

Merit: 1005

My mule don't like people laughing

At best you can prevent noobs from creating new threads. That will not stop the problem as I believe that these scammer devs have many sock puppet accounts with 40+ activity.

Education is an option but that takes time and will constantly change. Scams evolve as crypto evolves. I think we need to figure out who these individuals are and then report them to the authorities in the countries that they operate in. Good luck with that since most of them are hiding behind anonymity services.

So what can we do? Delete the Announcements section and not allow any new coin launches here.

devachelekar

sr. member

Activity: 382

Merit: 250

Quote from: kryptopojken on July 22, 2014, 10:35:55 AM

Guys, what you're doing now will only lead to bitcointalk closing down this sub forum. This is the wild west and that's the way it's supposed to be! If you want regulation, go trade interest rates Wink

Looking at the current scenerio of crypto world, scams are more than actual good coins. There is only a fooling machine where new comers are fooled.

devachelekar

sr. member

Activity: 382

Merit: 250

Quote from: devachelekar on July 22, 2014, 10:34:56 AM

Quote from: SecondsOld on July 22, 2014, 10:33:14 AM

A major issue is that many of the scams are undetectable at launch. Most of the time, the scam isn't revealed until it's too late. Not sure how an accurate system can be enforced that would block out scams while allowing respectable coins to pass through.

But it can go through voting list where hero,senior, full member can vote

Unless that there should be no annoucement publication.

SecondsOld

sr. member

Activity: 364

Merit: 250

Quote from: devachelekar on July 22, 2014, 10:34:56 AM

Quote from: SecondsOld on July 22, 2014, 10:33:14 AM

A major issue is that many of the scams are undetectable at launch. Most of the time, the scam isn't revealed until it's too late. Not sure how an accurate system can be enforced that would block out scams while allowing respectable coins to pass through.

But it can go through voting list where hero,senior, full member can vote

Right, but I don't know how anyone can accurately predict what will happen in the future with a coin. It will weed out some of the blatant scams which is a start, but many will still be able to pass through.

kryptopojken

hero member

Activity: 767

Merit: 532

Guys, what you're doing now will only lead to bitcointalk closing down this sub forum. This is the wild west and that's the way it's supposed to be! If you want regulation, go trade interest rates Wink

devachelekar

sr. member

Activity: 382

Merit: 250

Quote from: SecondsOld on July 22, 2014, 10:33:14 AM

A major issue is that many of the scams are undetectable at launch. Most of the time, the scam isn't revealed until it's too late. Not sure how an accurate system can be enforced that would block out scams while allowing respectable coins to pass through.

But it can go through voting list where hero,senior, full member can vote

SecondsOld

sr. member

Activity: 364

Merit: 250

A major issue is that many of the scams are undetectable at launch. Most of the time, the scam isn't revealed until it's too late. Not sure how an accurate system can be enforced that would block out scams while allowing respectable coins to pass through.

joelpina

full member

Activity: 177

Merit: 100

Absolutley agree!

Not sure why this has not been done already. Huh

sammy007

legendary

Activity: 1904

Merit: 1003

Yes, I will vote in this system just to stop CAIx scam and offer to ban Stuhlman.

devachelekar

sr. member

Activity: 382

Merit: 250

So many scams!! More than 80 percent coins are believed to be scam. Money is lost and this is not good for Crypto World where new people are joining everyday. It is a bad signal for the welfare of Crypto currency.

We need to have a system where new announcement of coins should go through a system where a voting list or may be the assurance of Hero, senior, full members count.

There should be five star, four star....etc kind of thing that should assure people to trust the new coins.

It is in the betterment of crypto-currency.

We all should raise our voice against all these scam and secure our money.....

Make this thread the biggest so that bitcointalk admin notices it....

Topic: Stop Scam : Request Bitcointalk to create a system! (Read 2476 times)