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Topic: Tips on not getting scammed & a fun callout to serious devs. - page 3. (Read 4513 times)

Ix
full member
Activity: 218
Merit: 128
I completely and absolutely disagree.

Satoshi created a revolutionary currency model  - if you call that a "bad precedent", perhaps you're on the wrong side of the wall.

It's not revolutionary, it copies gold with a highly accelerated timescale and the inability to cope at all with demand. The concept and the structures realized in code - absolutely brilliant, no question. The monetary system - barf.

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There was no "community" before Satoshi - he built the community based on a generational leap in socioeconomics theory and cryptographic utility.

A community that has a few thousand people that will rabidly support bitcoin to the ends of the Earth and are unwilling to even discuss alternative systems without foaming, a few thousand more that are trying to engender their own rabid fanbase, and a bunch of people that are taken for a ride. Meh.
member
Activity: 77
Merit: 10
Dont buy coins from devs from second and third world countries, chances are 80% more likely a scam
legendary
Activity: 1400
Merit: 1000
Good tips from eMunie founder, now when are you going to release your coin. My hair is turning grey, I don't think I have much time left  Angry
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
No one with half a brain would take this talk by you even half serious after you pulled the old tried and tested (a billion times before) someone stole my bitcoin scam.

AFAIK he didn't close up shop and refuse to make any refunds afterwards, but the exact opposite...

And to the OP, most of this stuff is common sense (although I don't get the tone or the point of 7), but there aren't many people with common sense on bctalk. As an outside observer of the bitcoin and altcoin economy, it makes a lot of sense if you viewed the whole thing as a pyramid scheme from the beginning. I think Satoshi set a very bad precedent, and he also knew it. Instead of uniting a community, it is totally fractured based on greed.

I completely and absolutely disagree.

Satoshi created a revolutionary currency model  - if you call that a "bad precedent", perhaps you're on the wrong side of the wall.
There was no "community" before Satoshi - he built the community based on a generational leap in socioeconomics theory and cryptographic utility.
As far as "fracturing" the community, Satoshi made his position quite clear during the early days with BitDNS (the precursor to Namecoin).

I think it would be possible for BitDNS to be a completely separate network and separate block chain, yet share CPU power with Bitcoin.  The only overlap is to make it so miners can search for proof-of-work for both networks simultaneously.

The networks wouldn't need any coordination.  Miners would subscribe to both networks in parallel.  They would scan SHA such that if they get a hit, they potentially solve both at once.  A solution may be for just one of the networks if one network has a lower difficulty.

I think an external miner could call getwork on both programs and combine the work.  Maybe call Bitcoin, get work from it, hand it to BitDNS getwork to combine into a combined work.

Instead of fragmentation, networks share and augment each other's total CPU power.  This would solve the problem that if there are multiple networks, they are a danger to each other if the available CPU power gangs up on one.  Instead, all networks in the world would share combined CPU power, increasing the total strength.  It would make it easier for small networks to get started by tapping into a ready base of miners.

The advent and, subsequently, abuse and corruption of alternative cryptocurrencies is a byproduct of capitalism, human greed and the apathy of the forum administrators.
legendary
Activity: 1050
Merit: 1016
No one with half a brain would take this talk by you even half serious after you pulled the old tried and tested (a billion times before) someone stole my bitcoin scam.

AFAIK he didn't close up shop and refuse to make any refunds afterwards, but the exact opposite...

And to the OP, most of this stuff is common sense (although I don't get the tone or the point of 7), but there aren't many people with common sense on bctalk. As an outside observer of the bitcoin and altcoin economy, it makes a lot of sense if you viewed the whole thing as a pyramid scheme from the beginning. I think Satoshi set a very bad precedent, and he also knew it. Instead of uniting a community, it is totally fractured based on greed.

Thanks for that!

Yeah common sense indeed, but cant hurt to say it again!  Point 7 is meant to just be a bit of fun, and allow people to get a glimpse of what true developers use everyday.

Its not just fractured on greed but egos & arrogance too, if only we could get back to the early BTC days where everyone had a more common goal....but alas, times passed and lost Sad
Ix
full member
Activity: 218
Merit: 128
No one with half a brain would take this talk by you even half serious after you pulled the old tried and tested (a billion times before) someone stole my bitcoin scam.

AFAIK he didn't close up shop and refuse to make any refunds afterwards, but the exact opposite...

And to the OP, most of this stuff is common sense (although I don't get the tone or the point of 7), but there aren't many people with common sense on bctalk. As an outside observer of the bitcoin and altcoin economy, it makes a lot of sense if you viewed the whole thing as a pyramid scheme from the beginning. I think Satoshi set a very bad precedent, and he also knew it. Instead of uniting a community, it is totally fractured based on greed.
legendary
Activity: 1050
Merit: 1016


 Roll Eyes

Jog on troll! No billy goats on the bridge for you today.
sr. member
Activity: 265
Merit: 250
newbie
Activity: 42
Merit: 0


yup, im glad not too many people invested in nxt's ipo when my one btc turned into around 2,000 btc, would of hurt my own gains. everyone please listen to biggus dickus.

Nevertheless, how many bitcoins did EQX IPO investors make? I'm not saying all IPOs are scams, but the EQX one obviously was. Are you telling us it was a great idea to invest in the EQX IPO, or that all IPOs will make you a fortune?

How did you manage to invest in the NXT IPO considering you registered on October 26, 2014? The NXT IPO was in 2013.


I'm glad because you dont know that you're allowed to make more than 1 bitcointalk account, and that my oldest was made in 2011. Phew.

Are you prepared to prove that by posting here from your oldest account you say was made in 2011? As you say you're allowed to make more than 1 bitcointalk account, so there is nothing stopping you.

The original NXT IPO thread is here.

https://bitcointalksearch.org/topic/ann-nxt-descendant-of-bitcoin-303898

It gives this IPO address

https://blockchain.info/address/1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a

Only about 8 people invested a whole bitcoin, and nobody invested more than one. If you don't want to post here from your oldest bitcointalk account, perhaps you could sign a message from the bitcoin address you say you used for the NXT IPO. That would prove you were one of the eight people to invest a whole bitcoin into the NXT IPO.

I'm glad to know that I'm one of those eight people, which one, idk.
sr. member
Activity: 310
Merit: 250


yup, im glad not too many people invested in nxt's ipo when my one btc turned into around 2,000 btc, would of hurt my own gains. everyone please listen to biggus dickus.

Nevertheless, how many bitcoins did EQX IPO investors make? I'm not saying all IPOs are scams, but the EQX one obviously was. Are you telling us it was a great idea to invest in the EQX IPO, or that all IPOs will make you a fortune?

How did you manage to invest in the NXT IPO considering you registered on October 26, 2014? The NXT IPO was in 2013.


I'm glad because you dont know that you're allowed to make more than 1 bitcointalk account, and that my oldest was made in 2011. Phew.

Are you prepared to prove that by posting here from your oldest account you say was made in 2011? As you say you're allowed to make more than 1 bitcointalk account, so there is nothing stopping you.

The original NXT IPO thread is here.

https://bitcointalksearch.org/topic/ann-nxt-descendant-of-bitcoin-303898

It gives this IPO address

https://blockchain.info/address/1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a

Only about 8 people invested a whole bitcoin, and nobody invested more than one. If you don't want to post here from your oldest bitcointalk account, perhaps you could sign a message from the bitcoin address you say you used for the NXT IPO. That would prove you were one of the eight people to invest a whole bitcoin into the NXT IPO.
sr. member
Activity: 378
Merit: 250
Everyone should have a good look at github.com/jl777/btcd

SuperNET is the future of cryptocurrencies.
And jl777 is making the very P2P system that the original OP spoke of and it will be a core feature of Vericoin.
legendary
Activity: 2254
Merit: 1290
If a developer dedicates several years of his life to a project he believes in and he want to make it into a good and solid business for everyone to benefit from in an honest and ethical correct fashion, then of course he need to keep his source/codes to himself, until that day when everyone knows it is HIS project. Then and only then can he start thinking about how much of the source he can safely disclose to the public, and still be in charge of his business..
You are apparently oblivious to your implicit assumption that an honest dev is also, apparently by magic, a capable dev. Open Source isn't about the dev's integrity, it's about being able to ascertain the correctness of the implementation. No-one of consequence gives a monkey's fart about whether the dev is as straight as a die or as crooked as a corkscrew, it's all about whether the code does the job it's supposed to.

Quote
It is not for bad reasons an honest developer does not want to disclose his coding in public, it is fear of losing his lifework!
That's risibly simplistic, you are clearly unaware of the nonsensical nature of your argument. You need to address your profound unfamiliarity with the domain of FOSS licencing, only then will you be in a position to mount a coherent argument. I suggest you start with the wikipedia entry for FOSS.

Quote
Give him time - show him you trust his brilliant work - then he will show you trust. There are still honest business people on this planet. Dan is one of them I can guarantee you!
I presume you are referring to Dan Metcalfe. I've no idea why you chose to introduce that irrelevance but I regret to advise you that you've strayed well out of your depth and that has led you to make unforced errors:

1. I'll thank you not to insult my intelligence by offering me a vacuous guarantee that you patently have no means of securing.

2. Your choice of offensively patronising tone is unfortunate, it lends a keen irony to the fact that you have just embarrassed yourself, assuming you have any such sensibility. Earlier today I submitted a PR containing several fixes to the BlockNet code that had apparently slipped atcsecure's notice: https://github.com/atcsecure/blocknet/pull/2.

3. I'll leave you to reconcile the above fact with your claim of brilliance.

We can continue this discussion after you've acquired some basic factual knowledge about FOSS principles and practice.

Cheers

Graham
newbie
Activity: 42
Merit: 0


yup, im glad not too many people invested in nxt's ipo when my one btc turned into around 2,000 btc, would of hurt my own gains. everyone please listen to biggus dickus.

Nevertheless, how many bitcoins did EQX IPO investors make? I'm not saying all IPOs are scams, but the EQX one obviously was. Are you telling us it was a great idea to invest in the EQX IPO, or that all IPOs will make you a fortune?

How did you manage to invest in the NXT IPO considering you registered on October 26, 2014? The NXT IPO was in 2013.


I'm glad because you dont know that you're allowed to make more than 1 bitcointalk account, and that my oldest was made in 2011. Phew.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Good tips from the OP.

The OP has been around a long time and even has a fundraiser or two while try make a new platform and speaks from experience.
sr. member
Activity: 310
Merit: 250


yup, im glad not too many people invested in nxt's ipo when my one btc turned into around 2,000 btc, would of hurt my own gains. everyone please listen to biggus dickus.

Nevertheless, how many bitcoins did EQX IPO investors make? I'm not saying all IPOs are scams, but the EQX one obviously was. Are you telling us it was a great idea to invest in the EQX IPO, or that all IPOs will make you a fortune?

How did you manage to invest in the NXT IPO considering you registered on October 26, 2014? The NXT IPO was in 2013.
newbie
Activity: 42
Merit: 0
can one of you peasants tell me the definition of "scam" and how this definition applies to an ICO?

IMO the thread linked to below says it all, together with the screenshot of the OP (recently modified by the "dev").

https://bitcointalksearch.org/topic/dont-invest-in-ico-shit-idiots-746191





yup, im glad not too many people invested in nxt's ipo when my one btc turned into around 2,000 btc, would of hurt my own gains. everyone please listen to biggus dickus.
hero member
Activity: 690
Merit: 501
Everyone should have a good look at github.com/jl777/btcd

SuperNET is the future of cryptocurrencies.
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino

1. Yes, yes, yes!
2. All easily faked, unfortunately.
3. Yes. While a lot of people lie, most will usually wilt under scrutiny. Unless they are pathological liars or psychopaths.
4. Helpful, but inconclusive.
5. Yes.
6. Ooh, this stings! "No real developer, that was proud of what they were doing would run a project from here with a 1000 page thread"
7. You didn't number it, so I am having trouble responding.


here are some tips for telling the difference between serious & fake developers:

I've been working on a possible scorecard, just for sh*ts and giggles:

http://minkiz.co/posting/


Cheers

Graham


Graham, I saw your response to a new member requesting for help on wallet nodes a few days ago.
You took the time to write a lengthy response to him. I thought that was really nice of you.
Was browsing from a phone at the time, so I couldn't commend your gesture then (typing with my thumbs tend to make English sound like Swahili).
sr. member
Activity: 310
Merit: 250
can one of you peasants tell me the definition of "scam" and how this definition applies to an ICO?

IMO the thread linked to below says it all, together with the screenshot of the OP (recently modified by the "dev").

https://bitcointalksearch.org/topic/dont-invest-in-ico-shit-idiots-746191



full member
Activity: 205
Merit: 100
can one of you peasants tell me the definition of "scam" and how this definition applies to an ICO?
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