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Topic: Suggestions to prevent scammers launch new shitcoins - page 2. (Read 4817 times)

full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
Well, it's going to be hard because it's trying to get your point across to newbies without making them think they're planks!

I'll have a think and see what I can come up with, with the new POD in place it means that people will be able to trust certain developers a bit more so that will help
Cheesy Actually, whenever I want to learn something new, I prefer the easiest guide available, for inastance C++ for dummies. We can make "Mining for dummies".
hero member
Activity: 1022
Merit: 1000
Rule 1 . Do some research
Rule 2.  Don't let your self get tucked up
Rule 3.  If it looks to good to be true, it probably is.
Rule 4.  If you have any doubts, don't do it.
Rule 5.  I should have followed my own rules hahahahaha

What are these rules?

Btw, Rule 5 was funny.


These are the rules I set myself when I look into a new coin. Do you think a guide for newbies is a good idea?
I think so. Do you have anything in mind to start?

Well, it's going to be hard because it's trying to get your point across to newbies without making them think they're planks!

I'll have a think and see what I can come up with, with the new POD in place it means that people will be able to trust certain developers a bit more so that will help
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
Rule 1 . Do some research
Rule 2.  Don't let your self get tucked up
Rule 3.  If it looks to good to be true, it probably is.
Rule 4.  If you have any doubts, don't do it.
Rule 5.  I should have followed my own rules hahahahaha

What are these rules?

Btw, Rule 5 was funny.


These are the rules I set myself when I look into a new coin. Do you think a guide for newbies is a good idea?
I think so. Do you have anything in mind to start?
hero member
Activity: 1022
Merit: 1000
Rule 1 . Do some research
Rule 2.  Don't let your self get tucked up
Rule 3.  If it looks to good to be true, it probably is.
Rule 4.  If you have any doubts, don't do it.
Rule 5.  I should have followed my own rules hahahahaha

What are these rules?

Btw, Rule 5 was funny.


These are the rules I set myself when I look into a new coin. Do you think a guide for newbies is a good idea?
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
Rule 1 . Do some research
Rule 2.  Don't let your self get tucked up
Rule 3.  If it looks to good to be true, it probably is.
Rule 4.  If you have any doubts, don't do it.
Rule 5.  I should have followed my own rules hahahahaha

What are these rules?

Btw, Rule 5 was funny.
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
Pack up and leave.
I don't want to erase the probelm, at least I TRY to find a solution.
hero member
Activity: 1022
Merit: 1000
Rule 1 . Do some research
Rule 2.  Don't let your self get tucked up
Rule 3.  If it looks to good to be true, it probably is.
Rule 4.  If you have any doubts, don't do it.
Rule 5.  I should have followed my own rules hahahahaha
full member
Activity: 209
Merit: 100
Pack up and leave.
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!


Don't buy their coin, and they wont get rich

I dont know why altcoins went crazy over the new coins recently
(oh sure, they say they do this or that, but ... )

We have had a few good altcoins with true innovations. When an altcoin has some advantages over bitcoin, why wouldn't it become popular?
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
Each person can already choose what coin to invest in and follow now without your vision of centralization becoming a reality
It's only centralisation if it goes beyond denouncing crapcoins and exhorting people not to buy them, with the exchanges voluntarily tightening up their policies to restore their reputations and win back the business of (most) people who withdrew their business in disgust.

Exactly. What do you think about our Solutions List on the OP? Do you think having BASIC rules is against decentralization? (Of course you can interpret BASIC in different ways, but I guess you know which one I'm talking about.)
sr. member
Activity: 448
Merit: 250


Don't buy their coin, and they wont get rich

I dont know why altcoins went crazy over the new coins recently
(oh sure, they say they do this or that, but ... )
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
I have no interest in stopping scams - humans (Lego people) only learn things when there is a cost.

I however will point humorous scams like "NXT" out and help educate people.

if they don't listen, i also don't care, and find it amusing when they lose wealth.

They live, they learn, right?

And they don't come back. That can't be good for business.


And the intention of this thread is to reduce the amount of people's lost. Some people just don't listen to others, it's like they want to be scammed. On some coin ann threads when I ask the dev to use his\her original username, other people don't back me up, instead they support the dev, Actually, the bagholder situation happens, which is mentioned on the OP.

I agree with what you're trying to do here, but in my experience, people don't listen at all!

I was over in the Mantiscoin thread yesterday and even though the dev has so far lived up to promises someone decided to spread fud and started a panic.

It's not just the scam coins we have an issue with here, it's muppets that start spreading crap because they want cheap coins.

Apparently most of the coins have at least one permanent fudder. Democracy doesn't work all time. A self moderated thread is the solution. What do you think?

I am all for letting people say what they think, but they should back it up and actual facts. I can ignore fud, it's easy to spot.

It's not about "let people say what they think", actually they say what they don't think that way, I mean fudders. They want to to lower the price to buy cheap, or have personal hostility with the dev, or they are supporting another coin which is the rival of your coin, or want to extort the dev, or ...
sr. member
Activity: 280
Merit: 250
We need more miners of this coin. It is a good coin: no premine, fair launch, still solo-minable by wallet.
Would be nice if some pool (or the Dev) would be able to adapt some miner code in order for it to be minable with pools. It is X11 with an adaption in the timestamp code: 64 bit instead of 32 bit. Any poolowner around that has the skills to work on this?

Not possible. The hex values needed to identify the network is missing from the source code: SCAM COIN

^ obvious shit/scam coin called Spreadcoin or something... I couldn't resist, lol. It took me less than 2 minutes to navigate over to github and peek into the code.
My coin is not a scam. This method for detecting scams is flawed:
1. You search for these values in main.cpp. For different cryptocurrencies they may be in different files, for example for SpreadCoin they are in protocol.cpp, for Bitcoin they are in chainparams.cpp.
2. This values are not only for pools, they are necessary for ordinary nodes. If wallet source code is released then they are available to everyone.

For everyone else who is interested there is discussion about this (with me and Lucky Cris) https://bitcointalk.org/index.php?topic=715435.100

Ah, following me, I see. chainparams.cpp isn't used by any new coin nowadays. But it seems that one dev placed the network's hex value code in some obscure file, that that even the people who provide instructions on how to start p2pools don't know about. I wouldn't doubt that the coins where they're missing from main.cpp and found in protocol.cpp are all just clones of that one coin.

I'll say it here as well - I still don't have confidence in your coin. Actually, I have none. Your ANN has nothing special... nothing that would make me think that spreadcoin will maintain a permanent position in this scene; hell the only people who seem to be mining it are newbies like yourself.
sr. member
Activity: 280
Merit: 250
I think all of those accounts that instantly support a new coin and defend the dev are the dev's sock puppet accounts.

What else can we assume? In particular the n00bs, who just seem too overly excited about a coin when there's nothing to be excited about.
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
I have no interest in stopping scams - humans (Lego people) only learn things when there is a cost.

I however will point humorous scams like "NXT" out and help educate people.

if they don't listen, i also don't care, and find it amusing when they lose wealth.

They live, they learn, right?

And they don't come back. That can't be good for business.


And the intention of this thread is to reduce the amount of people's lost. Some people just don't listen to others, it's like they want to be scammed. On some coin ann threads when I ask the dev to use his\her original username, other people don't back me up, instead they support the dev, Actually, the bagholder situation happens, which is mentioned on the OP.

I think all of those accounts that instantly support a new coin and defend the dev are the dev's sock puppet accounts.
legendary
Activity: 924
Merit: 1000
The problem is, I really don't think there's anything you can do, unless the community at large begins to stop accepting the behaviour of these scammers.

And that won't happen until they get the idea that buying or mining a crapcoin cynically for a quick profit is altcoin land's answer to a sucker bet, like drawing to the inside straight.
legendary
Activity: 924
Merit: 1000
Regulation on exchanges seems a little hard to implement.

You can buy a reasonably secure, ready-to-go, new exchange outright for less than ten thousand bucks' worth of Bitcoins in fiat terms. So yes, I would say that regulation on exchanges seems a little hard to implement... 
legendary
Activity: 924
Merit: 1000
Each person can already choose what coin to invest in and follow now without your vision of centralization becoming a reality

It's only centralisation if it goes beyond denouncing crapcoins and exhorting people not to buy them, with the exchanges voluntarily tightening up their policies to restore their reputations and win back the business of (most) people who withdrew their business in disgust.

But I do see what you're saying. Some people 'round here would rather have the quick fix, and centralizing does promise a quick fix.  

On a related point, "the free market" isn't a floating abstraction. If I take the pledge and vow to abjure crapcoins forevermore, in my own tiny way I am part of the free market. So are all others who voluntarily withdraw their business because they've had it.  
hero member
Activity: 1022
Merit: 1000
I have no interest in stopping scams - humans (Lego people) only learn things when there is a cost.

I however will point humorous scams like "NXT" out and help educate people.

if they don't listen, i also don't care, and find it amusing when they lose wealth.

They live, they learn, right?

And they don't come back. That can't be good for business.


And the intention of this thread is to reduce the amount of people's lost. Some people just don't listen to others, it's like they want to be scammed. On some coin ann threads when I ask the dev to use his\her original username, other people don't back me up, instead they support the dev, Actually, the bagholder situation happens, which is mentioned on the OP.

I agree with what you're trying to do here, but in my experience, people don't listen at all!

I was over in the Mantiscoin thread yesterday and even though the dev has so far lived up to promises someone decided to spread fud and started a panic.

It's not just the scam coins we have an issue with here, it's muppets that start spreading crap because they want cheap coins.

Apparently most of the coins have at least one permanent fudder. Democracy doesn't work all time. A self moderated thread is the solution. What do you think?

I am all for letting people say what they think, but they should back it up and actual facts. I can ignore fud, it's easy to spot.
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
I have no interest in stopping scams - humans (Lego people) only learn things when there is a cost.

I however will point humorous scams like "NXT" out and help educate people.

if they don't listen, i also don't care, and find it amusing when they lose wealth.

They live, they learn, right?

And they don't come back. That can't be good for business.


And the intention of this thread is to reduce the amount of people's lost. Some people just don't listen to others, it's like they want to be scammed. On some coin ann threads when I ask the dev to use his\her original username, other people don't back me up, instead they support the dev, Actually, the bagholder situation happens, which is mentioned on the OP.

I agree with what you're trying to do here, but in my experience, people don't listen at all!

I was over in the Mantiscoin thread yesterday and even though the dev has so far lived up to promises someone decided to spread fud and started a panic.

It's not just the scam coins we have an issue with here, it's muppets that start spreading crap because they want cheap coins.

Apparently most of the coins have at least one permanent fudder. Democracy doesn't work all time. A self moderated thread is the solution. What do you think?
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