You all voted wrong. The correct answer was RipOff Coin, duh.
Then I give it up to AsiaCoin because that was the first "hidden premine" coin. They really paved the way for a whole new breed of lowlife fucks.
Ethereum may very well be the most profitable scam. But I will give them a couple more months before sealing their fate.
Topic: Which is the best scam? - page 2. (Read 2976 times)
EmiratesCoin was at least somehow the funniest one
IPO taken - no launch - straight website - gone
IPO taken - no launch - straight website - gone
Hmmm, original post was sort of ambiguous to what the poll is actually asking. I only have experience with several of these coins, so I just picked the one I find most worthy of the scam title.
Stellar:
Like, I got banned from their forums because I posted how Stellar is at a huge disadvantage when they are highly centralized when it comes to their initial distribution and generation of STR, especially with the distribution rule changes. The trust of the foundation is permanently hindered by making promises and changing them with little notice. Got perma-banned an hour after posting my argument in two separate threads. It's as if my mother and her friends decided to make a "cryptocurrency", I have no fucking clue how they got funding for their project.
Stellar:
- Centralized Distribution/Generation
- Community is filled with people who don't know anything about digital currency's, so the likely hood of them being scammed by someone else is really high.
- Consistent lies and changes rolled out by the Foundation
- The Shit Show of the first several days after launch in regards to the amount of spam facebook accounts cashing in.
- Likely hood that the value of STR can rise in the long run is basically 0%
- The relaxed security on Stellar.org, but huge controls of the foundation
Like, I got banned from their forums because I posted how Stellar is at a huge disadvantage when they are highly centralized when it comes to their initial distribution and generation of STR, especially with the distribution rule changes. The trust of the foundation is permanently hindered by making promises and changing them with little notice. Got perma-banned an hour after posting my argument in two separate threads. It's as if my mother and her friends decided to make a "cryptocurrency", I have no fucking clue how they got funding for their project.
Memory Coin
and it'd funny you put Jackpot coin on there LOL
Troll much ?
and it'd funny you put Jackpot coin on there LOL
Troll much ?
+111 to darkcoin
here i will demonstrate the advantages of a Blog:
http://kolinevans.wordpress.com/2014/07/31/cryptocurrency-to-cryptocurrency-ipos-are-a-completely-corrupt-deception-the-simple-technical-guide/
(i don't have to repeat my self)
(yes you can claim Ether is a more successful scam, but the prize goes to you guys you invented it they are copying so you get the prize.)
(be proud this is a pretty good achievement in "Crypto" its everyday normal for Wall St)
http://kolinevans.wordpress.com/2014/07/31/cryptocurrency-to-cryptocurrency-ipos-are-a-completely-corrupt-deception-the-simple-technical-guide/
(i don't have to repeat my self)
(yes you can claim Ether is a more successful scam, but the prize goes to you guys you invented it they are copying so you get the prize.)
(be proud this is a pretty good achievement in "Crypto" its everyday normal for Wall St)
Your blog post is full of false information and its conclusion entirely false, i.e. "The NXT units cost the “developers” nothing to make" -- ever heard of development and creation of value? "The developers have in effect sent Bitcoin from 73 address they own to the IPO payment address (which they also own)" -- completely baseless claim. Your blog is entertainment at best.
I repeat, just because you lack understanding doesn't mean something is a scam.
P.S. I did not claim that Ethereum is a scam by any means, all I did was to compare the amount of btc initially invested.
NXT was and impressive IPO scam because it used a previously undefined Po$ (Proof of Scam) system
(...) so both play on that, but NXT can claim they are "just like Bitcoin" to Lego people, because they do have a Blockchain.
(...) so both play on that, but NXT can claim they are "just like Bitcoin" to Lego people, because they do have a Blockchain.
digitalindustry, in case you truly didn't get it, NXT was and is not a scam at all.
fyi: its "IPO" (which is necessary to distribute the nxt) raised 21 BTC. Anyone could invest in NXT's initial distribution as its investment phase was opened for 2 months yet only 21 btc were invested (unfortunately I didn't invest at the time because I didn't see its potential back then, as most other people which had the privilege to be around when it launched). As a comparison, Ethereum, as of posting, is at 28639 BTC (ipo still ongoing, currently 136276% more than Nxt raised). Just because you lack understanding doesn't mean something is a "scam".
here i will demonstrate the advantages of a Blog:
http://kolinevans.wordpress.com/2014/07/31/cryptocurrency-to-cryptocurrency-ipos-are-a-completely-corrupt-deception-the-simple-technical-guide/
(i don't have to repeat my self)
(yes you can claim Ether is a more successful scam, but the prize goes to you guys you invented it they are copying so you get the prize.)
(be proud this is a pretty good achievement in "Crypto" its everyday normal for Wall St)
NXT was and impressive IPO scam because it used a previously undefined Po$ (Proof of Scam) system
(...) so both play on that, but NXT can claim they are "just like Bitcoin" to Lego people, because they do have a Blockchain.
(...) so both play on that, but NXT can claim they are "just like Bitcoin" to Lego people, because they do have a Blockchain.
digitalindustry, in case you truly didn't get it, NXT was and is not a scam at all.
fyi: its "IPO" (which is necessary to distribute the nxt) raised 21 BTC. Anyone could invest in NXT's initial distribution as its investment phase was opened for 2 months yet only 21 btc were invested (unfortunately I didn't invest at the time because I didn't see its potential back then, as most other people which had the privilege to be around when it launched). As a comparison, Ethereum, as of posting, is at 28639 BTC (ipo still ongoing, currently 136276% more than Nxt raised). Just because you lack understanding doesn't mean something is a "scam".
Its a surprise no one selected "other"
Also I take issue with some of these, just because some coins were fudded to death doesn't mean the FUD was legit or the coin was a scam either.
It was sarcasm 
Definition of a scam: something you haven't profited from.
And who gets to decide what you should or shouldn't profit from? A coin developer can release his work under any terms he chooses. If you don't accept the terms, don't use the coin. Darkcoin was announced in advance of its launch. Many people mined during the first 24 hours. More coins were released than was intended, but this ensured that the price of the coins was really low for the next few weeks. You could have bought 50,000 Darkcoins for 1 BTC. And some people did. I don't see how anyone other than an envious loser could see that as a scam.
Definition of a scam: something you haven't profited from or don't hope to.
Everything else is not a scam.
Everything else is not a scam.
How can a coin, that actually delivered what they promised be considered a scam?
The developer is not a shady man as in most coins, he is well known. The next up is a review from Kristov A. after which it should be opensource.
Maybe they've changed the block reward in the past, so what? That's just a minor issue (if it even can be called that).
I'm actually seeing this as people who are furious at missing out on earning money, this was the 2nd time that it went way over 100% in a short period (bounced back this time).
The developer is not a shady man as in most coins, he is well known. The next up is a review from Kristov A. after which it should be opensource.
Maybe they've changed the block reward in the past, so what? That's just a minor issue (if it even can be called that).
I'm actually seeing this as people who are furious at missing out on earning money, this was the 2nd time that it went way over 100% in a short period (bounced back this time).
Rofl at the losers voting Darkcoin. Enjoy poverty, bitches!
Change wording to "best" scam - "big" is incorrect English really.
so the most creative are the best, (because they also tend to trick the most)
NXT was and impressive IPO scam because it used a previously undefined Po$ (Proof of Scam) system
and because Crypto has fallen so far since of the stagnation and failure of Bitcoin, this means that humans are essentially "use to" or "programmed" to accept an IPO scam like that.
so its pretty smart - Ripple is smart as it played on the "what's a Crypto currency anyway" ignorance.
so both play on that, but NXT can claim they are "just like Bitcoin" to Lego people, because they do have a Blockchain.
so the list is:
NXT ( with a golf clap and an A+ for effort)
Ripple ( beautifully executed but can't say "we are a cryptocurrency") (same with all the other derivatives)
Neutrino gets my third for humor sake. (that website was awesome)
Dark is an oldschool -
low unit amount so easy to control the large % - pump dump pump dump pump dump ( sucker each time ) its been done a lot and isn't really "sneaky"
so the most creative are the best, (because they also tend to trick the most)
NXT was and impressive IPO scam because it used a previously undefined Po$ (Proof of Scam) system
and because Crypto has fallen so far since of the stagnation and failure of Bitcoin, this means that humans are essentially "use to" or "programmed" to accept an IPO scam like that.
so its pretty smart - Ripple is smart as it played on the "what's a Crypto currency anyway" ignorance.
so both play on that, but NXT can claim they are "just like Bitcoin" to Lego people, because they do have a Blockchain.
so the list is:
NXT ( with a golf clap and an A+ for effort)
Ripple ( beautifully executed but can't say "we are a cryptocurrency") (same with all the other derivatives)
Neutrino gets my third for humor sake. (that website was awesome)
Dark is an oldschool -
low unit amount so easy to control the large % - pump dump pump dump pump dump ( sucker each time ) its been done a lot and isn't really "sneaky"
where is sys and BTC LTC PPC?
The list is to long to add all. Anyone wants to add another one just let me know.
There really should be a subsection in the forum to keep track of them
There really should be a subsection in the forum to keep track of them
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