Bitcoin Forum

- UPDATE -

Backed by popular demand, I revised this poll to be more accurate to reflect the future risk assumed when investing in any of the top 10 cryptocurrencies, which is of course based on past performance, or in this case, past scams.

Since the culprits of any potential future "scams" will be those who are in charge of dictating monetary policy, please speak to who controls the coin you are talking about and why you believe there is potential for hurting the majority of shareholders (by providing historical precedent please)

Again, than you sincerely for providing this valuable service to the investment community

- INITIAL POST -

As an astute businessman (who has only went bankrupt 4 times), I need to know which of the top 10 cryptos is most "out of favor" with the general crypto public so that I can diverge from the herd.

I'll trust your honesty.  

I'm new here, and am hoping that you wouldn't schlong this noob just for fun.

Thank You,

Please restart the poll and allow us to vote for more than one.

The poll is useless in this forum, because so many of those are scams.

My ranking by most scammy at the top:

Dash
MaidSafe
Ethereum
VanillaCoin/Vcash
Factom
Ripple
Bitshares (more like confused than scammy, but there is an element of scammy in the presales of Protoshares, etc)

Monero is not a scam. Those voting for that are Dash and V(anila)cash/coin trolls.

If you are asking about "accusations", I don't see that as a reliable measure of anything. Ask us which ones are the most scammy, not which coins receive the most FUD.

Besides the obvious ETH the most scam accusation award of the day
should go to BigUp. Im still not sure what it is, but if one checks the
yobits chatbox he would see some serious accusations.
Life threats even for the dev.
So my choice is bigup.

If you are really looking to find a scam, the elephant in the room is Dash.

The dev premined boatloads due to a 'mistake' and he didnt fix it because the community was cool with it :-X

Ethereum got a lot of call for being a scam as funds were raised in a ICO. Unfortunately, many people lost money in ICOs so they won't hesitate to label ETH as another of the shitcoins. Nevertheless, ETH is no ten dollars even with all the scam accusation.

With the recent Pump i think Ethereum will be on the Top.
IMO the crypto coins are increasing at an alarming rate and solely because it could be manipulated pretty easily by a couple of people,either be it Dev's or Whales and the majority will lose money as they are so impressed by traders or miners making money while they get in at the wrong time.

Yes, it is. "DASH = SCAM" is an altcoineer tradition. And the tradition continues. :)

Funny, though: the instamine happened - idk, two years ago? And how much X11Coin/Darkcoin/DASH has been redistributed through the exchanges since then ?  ???

in last few weeks in true ethereum is most obvious scam on top
i must say i read a lot here and every 3-4 tread is scam on eth not good

This would be Ethereum. They had a crowdsale pre-mine, so many here think it is a scam. It also has turned into somewhat of a competitor to Bitcoin, so that also breeds a lot of hate here.

Darkcoin aka dash

why do you all say ETH is a scam?

price may be manipulated thats true.

but did they steam any money from someone?
or did they promise something and did not deliver?

Probably (https://bitcointalk.org/index.php?topic=1218399.msg13999935#msg13999935).


Absolutely! $18 million wasted, and no hope in sight of making the block chain scale for actual adoption.

Given its long history and the amount and distinction of the people that have labeled it a scam, Bitcoin should be running away with any poll of which crypto gets the most scam accusations.  

Now, if we were voting on biggest scam, the poll would be correct with dash in the lead. Though maybe it's a poll of our altcoin myopia?

Biggest would be Ethereum. Dash is a minnow compared to the ETH.

It is hilarious that Monero supporters hate Dash so much, they waste their vote on Dash and allow Ethereum to be less scammy than Monero in the poll. Emotions run hotter than strategic logic.

I agree and have voted accordingly.

Eth's probably more cult of personality+misplaced expectations than a scam. I'm sure Custard thought he could beat a few Lakota and Cheyenne.

It is also a question of familiarity. Many people would not vote for example for Factum simply because they haven't spent the time to analyze it. All I know about it is that it is highly centralized. that is enough for one to eliminate it as a possible investment. It also means I would not spend any further time investigating it. My approach to Ethereum was similar. After I saw the pictures of spinning diamonds in their lavish marketing campaign that was enough for me to say no. So why spend the effort to investigate it in detail?

I would say many Moenro supporters would list Bytecoin at the top of the scam list on the basis of an 82% premine disguised as an 82% ninjamine. Dash has attracted a lot of attention among Monero supporters because at one point it was seen as direct competitor to Monero, so one spends the time on the competition. I must say that by any objective measure of scamminess Dash does not come close to been first on the list.

It cannot possibly be other than BTC,  as it is the only one known outside of the crypto community.  Untold numbers of people that do not even know that there IS a crypto community call BTC a scam.  So much for logic.  Of course, a poll like this is intended to do nothing but stir the pot, and as we see, has had moderate success in doing so.  A poll asking what people believe to be a scam would be more to the point, and of course most here didn't read this one correctly, and took it for such.

explorer, everyone figured out what the poll should have asked and answered based on what it should ask. We humans are very smart and adaptable.

ArticMine, very well written and solid points. Thanks.

Ah, so 'everyone' is a mind reader!  Good to know.   If the OP meant what 'everyone' thought, then why not ask that question?  Would they then have answered this question?  The mind boggles.

Explorer's answer may be correct even based on what the poll is trying to ask. In the sense that to the extent BTC is a scam (and there is not no basis for that) it has scammed more people for more money than all the others combined.

ArticMine's point is also valid. There have been more blatant scams than Dash. Then again we never know what is really going on behind the scenes with any of these coins (i.e. the most well executed scams may not even be recognized by scams at all) and Dash's instamine is particularly subject to that question since it is by its nature deceptive (Bytecoin too).

Again, an assumption yet to be clarified by the OPS (original pot stirrer)

EDIT:
OP's OP in this thread does actually clarify somewhat, but the poll question is still the poll question.

Dash definitely,  I hear it constantly and Im not surprised at the poll results.   I still like it as a coin though.

Scams fall into 2 groups really.

1. No tech - no value shit that was sold off under false promises and lies to people on this board. The only intention of the dev was to extract btc from other less tech savvy individuals.

2. tech savvy devs who gamed the distribution so that they and a few pals control the supply and keep prices high - again subtracting max BTC from everyone else on the board. Then when eventually they have taken as much BTC as they can. They will move to another project and repeat this.

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1.Dash clearly the leader - planned and executed scam. Although you could call it an honest slap in the face scam. No real attempt to cover the ruthless scamming and accumulation of coins. I mean in a way it is a 100% fool proof way to run a scam. He however has stuck by his project and not dumped it for another similar scam. I think he knows you can only pull a scam that big one time. I witnessed the scam as it happened.

However there are other scams far more subtle but probably more harmful - we don't brand them as scams since it's not as easy to prove.

When I talk about distribution now I mean with regard this board. Not the wider world of 7 billion others who don't care a shit about crypto nor other life in the universe to whom crypto is ancient technology. This board is where all crypto is born (99%) and there is no excuse at all for poor distribution within this community since we here make up the majority of miners/traders and advertisers for crypto.

If you are going to be scammed in crypto you probably are a member of this forum. If you are interested enough at all to buy crypto you will probably be reading this board regularly.

Most ICO's are not transparent and therefore need to be hugely marketed and last a long time to ensure not just the devs and small group of people buy huge chunks and have huge control on the supply therefore ensuring massive price inflation.

NAS - entire minting shared to perhaps 10 people - total scam although some realised nobody was interested and sold a bit off cheap to others.

NXT - can you seriously only distribute to a handful of people? - maybe not a scam but terrible initial distribution let's hope all involved would never make the same mistake again. The early NXT investors even realised themselves to share the wealth at the start because nobody else would be interested otherwise. Looked ground breaking to everyone at the time.

IOTA - not a 100% scam - but again the ICO was pretty poor and not many heard about it. Comes from NXT people. Although it raised money I really wonder how many people really invested. I would suspect the distribution is very poor.

I would love to know who got what here. Again you'll hear from around the same few people who did get it that everyone else is butthurt for missing out and it was all above board and fair. It was hardly mentioned. If you want to buy any now it's 30x ico price (which is more than etheriums increase on the ico price) showing for some reason although everyone knew about the ico they for some reason waited until nothing more happened with the project but are 30x more keen to buy hence the reasonable price hike of 3000% . It's a very bad start. I suggested they ran a 2nd ICO at even 200% price over initial ico. Why not? more money for the project and more support from the board members. NAH they told me we want 30X not 2x. That is their mistake. Like the dash group who stopped the air drop. They simply ensured their coin would forever be held up as a scam. This is not on dash levels but still not the way to ICO. I wait the pumping before exchange release.

POW - any NINJA launch is a blatant scam. There is always one person that is sure to spot this ninja launch first and be raping that chain before everyone else....that's right the dev. Even when other stumble upon the thread the competition is so tiny that the dev and his pals have taken all the easy coins. You can lay out a POW protocol that makes it hard for anyone person to take a huge amount of the coins. Yes bot net might jump on but some coins the diff increases so much that they could be wasting good botnet time on a worthless venture. Besides some well advertised launches have 100s of miners if not 1000s ready to jump on.


below are not scams imho ...mentioned only as examples
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Bitbay - NOT A SCAM NOW - was a scam at the start. Maybe the largest yet of the obvious scams. Was a collaboration of exchange owners and pump groups. These people conspired to take 1000's of BTC and also dump all of their bay on the markets to deliberately destroy the coin and the investors funds. Most people left the project with a bad taste. How the original scammers are not in jail I have no idea. The people remaining and working on the project are honest and hardworking with the peanuts they had left after the criminals turned it over.


ICO with NO POW at all can be assumed scams. They have no transparency so you must assume the worst on here since there is no regulation.
SOme try a lot harder than others to give fair opportunity.



LISK (trying hard not to be a scam regards distribution only)- although i have no idea if the design is any good. They are trying very hard and have advertised as hard as you can reasonably expect on this board. You can't view a page without 5 huge lisk banners in people sigs and they are giving free coins for facebook, twitter and other social media.


There are those who will tell you there are 7 billion people in this planet and if you distributed to every person equally on here you still have terrible distribution in the grander scale.

The thing is the only people that say that are those that heavily invested in the project.

How many of the 7 billion have heard or invested even in BTC. All crypto investors for the most part will be reading this board they will be the ones taking the big hits and damage from pump and dump coins.

Sure distributing to the 7 billion would be better. But as with most things in this world you must be reasonable. The effort and possiblity to tell everyone on the planet about your ICO is not the same as advertising through sigs and running some threads on the main board. Also with NEM (who tried hardest yet to give good distribution) there was nobody on this board who was even remotely active in the alt community who did hear and have huge opportunity to become involved in the ICO.


Ethereum... I don't rate it as a full on scam. I missed the ico (by being indecisive and not wanting to blow more BTC)

I missed buying for $1 missed buying for $5 ..I currently own no etherium that I have bought. Although have mined a tiny few.

Yes I was butthurt/annoyed by missing this huge gambling opportunity. However coming from losing much more on other alts it was not a new feeling so I was used to it.
I don't feel the distribution was a full on scam. They took a lot for themselves and paid themselves well as they said they would. They also have POW for miners to participate. They are what I would term openly greedy but nothing underhanded.

I don't comment on the tech regarding ethereum. If it's being over hyped and wont work on real world scales and they know this but just dragging it on to unload more eth and use more BTC then that isn't going to go down well.

XMR -not a scam and run by a guy that seems smart.
problem was (not their fault since still  there is no good gui) that to mine it was kind of too tricky at the start at a lot of regular miners couldn't mine it. Initial distribution with regards this board and nomral miners i would guess was not great but then it wasn't intentionally like that and lots was sold cheap to those that couldnt mine.

POW to me is far easier to analyse for scams than ICO. ICO with no POW at all needs to be very carefully done. The onus should be on them go above and beyond to prove the ICO was conducted well.

Thanks for all the thoughtful responses.  I see that the crypto herd has a different definition of the term "scam" as it applies to business.

Where I come from, you would call every company a scam simply because a company's board of directors "mined" more shares into existence. Well, this happens literally every business day on Wall Street, where anything that is transparently known to the general public (such as the number of shares a person owns), cannot legally be defined as a scam.  Any investor who invests knowingly in a "premined" company is definitely not being scammed in the traditional sense of the word.

It seems that you have expanded the definition of the word "scam" to include publically traded companies like Apple and Facebook with the thieves at Mt Gox.  I was looking for a little more "Bernie Madoff" with his blatant lies and a little less "Jeff Bezos" with his massive pile of company stock that everyone in the world knows that he legally owns.

But it is still interesting to hear what the youth of today considers an "injustice"

Maybe you will elect Bernie sanders and make it illegal for Evan to own so many shares of a single company.

I obviously am out of touch with the socialist youth of today. When I say I will make America great again, I plan to do it by strengthening Evan's right to own as much private intellectual property  as he can humanly create, and not put him in jail for showing you his hand.

I would not.

I would call it a scam when they announce that the IPO shares will be sold for $10 on Tuesday, and the board suddenly decides to sell shares for $1 on Monday but only to people who show up for the unannounced discount (i.e. themselves and their friends). In fact, the stock certificates given out on Money had a misprint -- extra zero on the share amount -- so everyone who showed up on Monday got 10x as many shares for the same IPO price. Oops. Too late to correct the error of course, better let it stand.

Oh, and there is no prospectus available on Monday or Tuesday, only a scrap of paper that says the IPO will be used to start a penis pill company. In fact it is going to be used to develop useful software, but only the board and its friends know that there is a detailed prospectus describing a plan to develop useful software, but they never released it until Wednesday.

You get the idea.

Accurately disclosed premines and ICOs are not scams (though scamming may occur later) in my opinion, but opinions differ.

I see your point smooth, so DASH is the only crypto on the list to "find" unaccounted for shares post IPO and keep them instead of burning them?

If that is the case, then this type of behavior is truly scam worthy.

A "scam" is a lie or misreprentation. A prime example of which is:

"Paycoins can be redeemed for $10 each"

which of course is a false statement

Not spending a lot of money to promote your IPO is certainly not a misrepresentation of truth.

I have no idea


If others did do it, that makes it not a scam?


Yes that is form of "scam", and that is one example of a lie or misrepresentation. Other examples would be stating that the coin will "definitely not" be launched in a few hours (and then ambush launching it, with millions of extra coins distributed "by accident" almost immediately), or claiming to be working on it as a "hobby" when you have simultaneously been recruiting behind the scenes to launch a coin as a "for-profit startup".

It takes stupidity to a whole new level for a Dash supporter to create a poll like this not realizing that Dash is one of the most infamous instamine scams and will surely be highly voted as such (even if I don't agree it is the "biggest" or "worst" scam necessarily).

ETH premined ALL the coins..

and OP asking people here in your title to be honest is clever.. they have to now !!!  :D

I voted ETH for a bunch of factors but we got a big mess going on here.

The Ripple guys were laughed off this forum but later 6,000 coins copied the IPO centralization / distribution model

I could write a thick book on the top 10 LOL

The biggest scam here ?
You dumb fucking idiots for shoveling MILLIONS of dollars at all these shitty ass scam coins.
Like ? Doge coin Nascar paintjobs or MEW Monero funding for "Retro Virtual City" Forum topic games for "adoption"

Look in the mirror rather than pointing the finger crypto supporters hahahha

EDIT:
MemoryCoin was the scammiest coin i ever seen (the alpha version of Protoshares pretty much)
It was Mensa level scammy ..i was actually impressed ROFL

No, ETH has mining, at least for a year or two until they switch to PoS. It seems like the premine will end up being something like 70% or so, unless PoS is delayed, in which case it will be lower.

Coins or tokens like Nxt/Factom/Ripple are 100% premined. Pretty different.

Dash and ETH for sure,

Dash for the premine and ETH because I didn't buy in and I'm angry I didn't make money on it. But every time I wanted to I felt myself pulling away from a buy. It's a contract system that is being played like a currency, either cuz people don't know or don't care.

to be honest i dont know much about Factum most of what i know is Ethereum, Ripple, Litecoin, DASH, Dogecoin, Monero and BitShares and i read lot about them my vote was given to eth maybe i could give vote to different if i have read all information and facts about all coin from the list

I couldn't care less if they tacked it on way later after the 2014 launch.
that just makes it even scammier.. good job pointing that out LOL

It was a scammy IPO launch.. and none of you can can deny it.

..and even the supporters of it say its not a currency.
the only thing that makes it resemble a currency is it's an IPO coin listed on Polo or 'Trex etc
and when you evaulate that it LOOKS.. precicisly like a Pyramid scheme.
NOT ..a currency.

And i came here for altcoin "currencies'

NOT "potential" app'z centralized block-chain IPO digital pyramid scheme "tokens" traded on centralized US govt compliant exchanges.

@Spoetnik, which altcoin do you recommend for investing?

Apparently the original scammers are at least under investigation: https://bitcointalk.org/index.php?topic=1354220.msg14041911#msg14041911

It wasn't tacked on, it was clearly stated in the original ICO that there was going to be mining starting from the launch, but that it could be reduced or eliminated later with a switch to PoS.

Thanks again smooth, I'm new to crypto, and trying to cut through all the scam accusations, and have narrowed my initial scope to the best of breed top 10 on coinmarketcap, and can agree with you that a court would find Evan guilty for lying to the public if this was an SEC case.  

The one question I have for you is this:

Since this information came to light, then it should be "priced in" as they say on Wall Street.  Meaning that, as long as it is physically impossible for Evan to magically find some new coins, then the market has accepted what Evan did, and it reflects in the current price.  

However, if it is indeed possible for Evan to sell shares on the open market "naked" (that either don't exist, or are instantly added to the blockchain in the future without anyone knowing about this possibility beforehand), then there could come a point in the future where Evan could indeed crash the share price simply by "finding" some new shares or selling some shares on the open market that nobody knew he had access to.

From what I understand, DASH has anonymity features that may make knowing this potential for future scam impossible?

Sorry for the long winded reply, but I guess, that is 2 questions.  

To summarize:

If it is impossible for Evan to steal (scam) shares in the future (like he essentially did in the past), then there can be no future scams, and this stock is accurately priced by the free market, however, if there is indeed a chance that Evan could steal shares again in the future, then, this coin has true potential for further scamming, and I wouldn't touch it with Hillary's dick.

thanks in advance

All I know about DASH is what this smoking hot chick named Amanda said about it being a hybrid between a hashocracy and a meritocracy:

https://www.youtube.com/watch?v=VQGlcLFhwE0

So I am now wondering if I scratch DASH off my list, then what other coins follow a similar "hybrid" model like the one Amanda describes in her weekly column?

I searched your other posts and you said and I quote

"The rise in Ethereum has in my opinion as much to do with Bitcoin's problems than with Ethereum itself. The market is looking for an alternative to Bitcoin. People are looking for alternatives that do not have "the problem" https://bitcointalk.org/index.php?topic=1388381.0. Ehtereum is not an alternative to Bitcoin, simply because it is designed to do something else entirely. It is Ethereum 1.0 not Bitcoin 2.0. Monero on the other hand does not have "the problem" and is designed from the ground up  as a possible replacement for Bitcoin, so it could be called a true Bitcoin 2.0 coin. The market of course will have the final say."

You  recognize Ethereum as  a Bitcoin 2.0 coin due to its very different use cimpared to Bitcoin.

So are you not contradicting yourself by calling Ethereum a complete scam ? 

I do not see Ethereum as a scam,  my reasons are its a totally new blockchain technology and its purpose is different than bitcoin. Its the first coin of type and therefore it shouldnt be even classed as an alt-coin. An alt-coin is a fork of bitcoin technology.

No one knows the ultimate outcome of Ethereum, it could be a huge success or a complete failure, I personally hold some Ethereum and Bitcoin for the long term prospects, I never held any altcoins other than Bitcoin but since I see Ethereum as a different beast I will hold some of it.

i don't totally like ETH but i wouldn't go as far as calling it scam. there are a lot of other coins out there that are scaming people.

ETH is just an altcoin with a lot of hype, there is nothing extraordinary about it, it has some shiny features and it was pumped at a good time (when bitcoin has some troubles with block size and attacks and FUDs)

Poll is even more useless now than it was when first opened.

The original question was: "Which gets CALLED scam most often", now it's "which do you feel IS the biggest scam."

such skewed now, amaze.

Monero supporters will tell you DASH is a scam,
DASH supporters will tell you Monero is a scam,
Bitcoin supporters will tell you Ethereum is a scam,
almost everybody will tell you Ripple is a scam,
nobody knows BTS (but sounds similar to BTC)
and Maidsafe does not really do exist, how could anything be a scam that doesn't exist?

For an astute businessman, drawing polls on that background must be really frustrating. You can only estimate the rough numbers of supporters for each coin.

The parameters of DASH have been changed many times (so many, in fact, it is hard to come up with a complete listing of all the changes). There is little question that Evan could change the parameters again (or, more precisely, "propose" that they be changed, while the dominant stakeholders including himself and his close associates would very likely endorse such a proposal).


I think Decred is experimenting with blockchain-based voting. I'm sure there are others.

Changing the wording of a poll after people have voted on it?

SCAM!

Damn smooth, you force me to post again. I was waiting for you to answer him and expecting... Please don't forget to make the point that masternodes are themselves an ongoing scam which you and I have both pointed out in the past. I will let you elaborate...I hope I don't need to post again.

Dash is scam said by the satoshi round table itself.
So everyone on dash will have to think twice about the said alt coin.

I don't remember what parts of masternodes you think are the most scammy.

The technology is unsound and won't hold up under a decentralized adversarial scenario (it may hold up currently in practice because of latent centralization). Economically the people with the most masternodes will both earn disproportionately more money (especially since that masternodes don't really service any real workload and you can host 100 masternodes on one server) and have disproportionate influence in voting, which can in turn be used to make them more money. The scheme is designed to funnel money from outsiders to insiders.

The whole thing is a such a complete clusterfuck resulting from poor critical thinking skills (and/or deliberate scamming) in so many ways that I don't really know which ones to call out specifically.

LOL, You kids kick ass!

Proving once again that you can't make all the people happy all the time, just like on Capital Hill!

But enough distraction from the important political issues, like "how can blockchain technology root out corruption in your government!"  

Do you like what your elected officials are doing with your tax dollars.  Don't get me started.

I came here hoping that today's American youth will help me make America great again, and it seems to be working:


Thank you for your input again smooth, you have clarified my concerns allowing me to reach the conclusion that DASH is indeed 100% not a scam.  Dash is just a community that is ruled by a king or dictator.  Those who buy DASH are completely at his mercy.  And that is OK, because they are free to leave (sell their coins) at any time.  I personally will not allow a dictator to determine the value of my money.  Thanks again to smooth and the rest of you guys for helping point out the obvious.  It just takes me longer to comprehend your terminology since I am not as familiar with tech as I am with the politics of business.

Which brings us to the other elephant in the room.  Amanda B. Johnson is completely wrong when she describes DASH's governance model as anything but a kingdom.  I'm sure that she believed the DASH propaganda before seeking the facts as I did.  I hope that she will show high personal and journalistic integrity by recanting her false reporting here when she calls DASH's governance structure a "hashocracy/meritocracy hybrid" when the indisputable facts reveal that DASH is nothing more than a dictatorship or kingdom.  

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=16s

It's OK for DASH to adhere to a dictatorship governance model, however, it is not OK for people to be lied to (which is what is occurring here).

OK, so since DASH is not a hybrid hashocracy/meritocracy, but this "Decred" coin is, maybe?

I'll check into this some more.  Thanks again.  I'm all about the governance aspect of crypto because I hate getting schlonged by those whom I elect to govern me.

TLDR:  The "scam" or lie that is portrayed by the DASH community is that its governance model is a "Hashocracy/Meritocracy hybrid" when in reality it is a Kingdom or Dictatorship.

When you define a common word in such a way that virtually nothing qualifies (short of being held up at gunpoint in a back alley), that is a good clue you are defining it in a manner that you invented and not in a manner consistent with standard English.

But in the end it doesn't matter. A scam by any other name will stink just as badly.

Sorry, let me clarify.

DASH is no longer a scam because we all know now that its governance model is a Dictatorship.

DASH was a scam before this occurred, when it started out as a "Hashocracy/Meritocracy" hybrid.  

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m8s

Yes, like many political systems that start out with certain "ocracy" good intentions they have a slimy way of being corrupted over time (power corrupts weak minds), which is exactly what occurred here with DASH.  Until Evan pulled the scam, this coin was indeed scam free.  And now that the public knows the truth (that Evan is simply a Dictator), then it is no longer a scam.

TLDR:  If I'm telling you that I am a liar, and I lie to you, then I made no misrepresentation.  Since Evan is showing us that he is a dictator, we cannot claim that we did not see it coming when he changes the politicies of his community on a whim.

ELI5:

A dictator is not a liar (scammer), he just has the power to get away with lying to you


 

Oh lordie, there is certainly an XKCD comic regarding this cluster-fuck of an attempt to portray understanding.

If you don't like living in a Dictatorship, don't own DASH.

Is that a simple enough truth for you?

https://upload.wikimedia.org/wikipedia/commons/3/31/Webcomic_xkcd_-_Wikipedian_protester.png

http://cdn.meme.am/instances/400x/66184665.jpg

Evan scammed that's why he become a dictator..

a "scam before" cannot "un-scam" itself ..

DASH is a scamocracy  ;)

It is not likely that it started with good intentions. The evidence of scamming dates back from before the launch.

It is also not accurate to say that the public "knows the truth". People continue to be misled by the propaganda being disseminated by Dash supporters claiming, for example, that the coins were "redistributed in the market" (when this is at best unprovable), or that the people involved had and have good intentions because the instamine was all a tragic accident (at best unlikely).

As long as attempts to mislead and confuse continue, and especially if they continue to succeed (and they do, as we continue to encounter people such as yourself who are confused), the scamming is ongoing, and not only a historical event.

Haha, thank you.  You officially made my morning.

If you don't like living with the fact you have been scammed, don't own Dash


If you don't like swapping your BTC for scam coins don't own DASH.

You can't go from being a scam to a non-scam just by changing your claims after the fact.
To suggest this is just a scam sorry.

There is no point trying to reverse peoples opinion on what they have seen as fact already.

You can't launch something as being "totally fair distribution through POW" and then engineer it in your favour to keep the vast majority of the coins.

Then later say. We're changing the story to "we took all the coins and if you want to buy some for inflated prices you can" - see we are honest now so it is not a scam anymore

It's a total scam - will always be a scam.

Bumping this thread is crazy unless you're anti dash. People have to read through all the comments listing dash as number 1 scam before they get to your excuses justifying the scam asking them to accept paying btc  to be dictated to by a scammer.


A few coins are trying to get on the old masternodes train lately. Look around and buy improved dash for 1000x less .

Haha :D

True but..
I'm sure most would have answered dash anyway. I can think of no greater scam on here in terms of USD value.
Most people recognise this too.

Absolutely, actually, you are so right, that I am officially (and scammingly  ;) ) changing the poll title to:

"Which top 10 crypto do you feel is most likely to change its political policies in a way that affects a majority of its community members negatively."  

Because this, after all, is what any investor is concerned about when subjecting their capital to the whims of its Board of Directors.  Such decisions are weighted almost entirely on their history of either scamming (lying) or telling the truth

This, I imagine will bring bitcoin up on the list due to it's partisan blocksize ideological split.

I have reset the poll.  Thanks again for the spirited participation, and thanks for keeping my campaign honest, on task, and on point!

It would be interesting to know why on the 3rd place on the ballot Monero.
After all, it is not a clone of Bitcoin, the code base is completely different.
It is based on Cryptonote, I consider a great advantage among other coins.

All true.

I would say..

1. dash voting in spite.
2. some people don't like was not easy for all to mine at the start.

I don't think it's a scam but a few big miners took a lot of the coins through having more skills. Is fair . I guess it is to a degree but better initial distribution and opportunity for all is advisable if you don't want people to have things to gripe about at all. Also had a few issues with people in their community but this is not strictly related to the coin itself.

Over all = not a scam.

They're all scams and then again they're all not scams... Depends on your relative time frame. If you look all these projects from a relative time frame of 100 years, then they're all instamine scams and contain unfair distribution models...

Why don't you do your research. Follow the devs. Use the tech. Speak with their community members. Look and what's been accomplished and what's in the pipeline. Last thing I would do personally is listen to a bunch of "experts" and use a poll to ask "mirror mirror on the wall, who's the trolliest of them all?"... Too vulnerable to deception.

Honestly, they're all wonderful projects with so much untapped potential. These are exciting times in the world of fintech. Each one of those cryptocurrencies listed will play a major role in the unseen future. It's pretty unfortunate that people let their emotions get the best of them and try and smear mud on someone else's hard work. We should all be working together to try and promote the adoption of cryptocurrencies and educate people everyday about the benefits of using them in our daily lives.

But then again, what do I know. Maybe I'm just a lonely troll looking to rain of someone's parade.

Just take the time and do your due diligence

:-)

Ethereum.

It tries to impress people with techno-babble that makes it sound like the idea is too intelligent to fail and you better buy even if you do not understand because it is going to be big.

Reality is, any crypto that fails the KISS test is dangerous. And the real-world utility of the techno-babble has not been demonstrated as something a real-world market actually exists for.

It can only be successful if the computing power it provides is cheap. It's often compared to oil, but oil is only of value because it is still cheaper than other energy sources.

As computing power continues to become cheaper and cheaper, Ethereum has to become less and less valuable or it won't be used by anyone other than a few nerds.

Yet it is being pumped like crazy. Lot of suckers out there I guess.

Dash holder??

There is no excuse for not making effort to distrubute within the crypto community. The other 7 billion are not interested/easily contacted right now and if they were and you did then what about aliens? should they call it a scam or instamine. Let's not use the aliens of the other 7 billion that we can't reach right now as an excuse not to distribute to the crypto community with a few key strokes and some fair play on this board. Any coin not doing so is not trying to have a broad initial distribution. Why would they not want a broad distribution?? they don't want their coin to go mainstream? they don't want more people in their community?? NO they want both these things but only AFTER they have all the coins to profiteer and extract max BTC from this community. That is the sole reason.

You have to be realistic here. You can ensure fair(ish) distribution in the crypto community. If you are claiming fair launch fair distribution and then engineering to hoard it all yourself = scam.

Oh...Amanda B. Johnson! I keep telling myself I should contact her when I've got something newsworthy about Horizon...She's a good sort.

Crypto lover. Cheers ;-)

Actually, we just proved that she was peddling fiction with her inaccurate description of the DASH governance model.  DASH may have started out as a hybrid Hashocracy/Meritocracy, but changed into a Dictatorship when the leader changed the laws that govern the money of the community.  

Liars lie, facts don't.

I'm sure that she was a victim, and not trying to perpetuate this lie.  Hopefully she recants/revises that story so that newbies, who are just now learning this new technology, do not get schlonged.




https://pbs.twimg.com/media/CYndeojWYAAgK84.jpg

If you're interested in a really long-range perspective:

Back in the Great Depression, folks got into the habit of fixing their own things because money was tight. That gave birth to a huge DIY culture. But it also gave birth to a huge number of people who had essentially trained themselves into becoming good with machines. So in the 1940s [WW2], '50s and '60s, there was a huge pool of workers who were skilled labour because they had trained themselves to be so. Not just the folks who had to slog through the Great Depression, but also the kids who put together go-karts, jalopies, radios, etc. in their backyards, shop classes, rooms, etc. After that great self-education, America had a great labour force perfectly times for the post-WW2 era.

This "long tail" of self-trained skilled workers made America great again after it was humbled by the Great Depression.

So: how to make America great again now? What better long-term framework than the same one that did work to get America on top after the G.D.?

This time 'round, it's computers and tech. Today's answer to the "Go-Kart" is the Raspberry Pi. Pis are already being used for the Internet of Things.

That's the long-range way to make America great again: chivvy every kid you know to get a Raspberry Pi and knock around with it. It's the "jalopy" of today! As with the last wave of DIYing, it'll take years to see any effect on the economy. But once those years are over...

...everyone will see that America made great again by America getting back to its DIY roots. :)

I'm not sure why NEM didn't make the poll. They almost scammed Tristan (Mr. Poloniex) out of his NEM by imposing an artificial deadline that made his NEMstake unconvertible to NEM. Read here: https://forum.nem.io/t/nemstake-redemption-deadline/1118

They made a little exception for him, but other NEMstake holders are still left in the cold with no NEM, even though all 9 billion NEM coins were created in the Genesis block, and are out there on the blockchain under someone's control, ready to be dumped on unsuspecting NEM hodlers.

Full disclosure: I still have irredeemable NEMstake because of this artificial and unnecessary 'policy' of refusing to honor the convertibility of NEMstake to NEM, so that old NEMstake holders are stripped of assets they paid for in good faith. Now THAT is a scam.

Whups - responded before I read the whole thread. :)

You do know that the miner released with Monero on launch was purposely and intentionally de-optimized right? If you purposely make a miner that is 100x slower than optimized for public release, (presumably so that the devs and insiders get a 100x advantage) is that not a scam?

scammy indeed  :D

I love these town hall forums:


You took the words right out of my mouth.  Why do you think I'm here?  To make America fat and lazy again?  

Bitcoin technology is not only legal in America, it is creating jobs for anyone who can program an app, or collect a developer bounty!  This forum is all about J.O.B.S. (Job Opportunities in the Business Sector), and that's why the establishment hates me, because I am a business man who supports your right to own stuff.

Bitcoin is Ownership.



Next question:





That's exactly why I did not include any crypto below the top 10

I assumed that these market laggards were in the trash bin for a good reason.  The free market is pretty efficinet at weeding out obvious scams.

Obviously, according to the facts that you have just presented, I was correct in my assumption.




Any more questions:






You are correct sir, Amanda is distractingly hawt!

OK, I see that your questions are devolving into testosterone boner babble, and I need to keep my public image clean, so I'm leaving before I accidently crack another schlong joke on camera,

I'm not making the same mistake twice.  I know I'm smarter than that.  I may not know crypto, but I'm learning more than my competitors.  Trump 2016.  I play

to win

the game!

I don't play to lose:

https://www.youtube.com/watch?v=4zLlIdZikDk#t=2m40s



no more questions!

https://www.youtube.com/watch?v=TEfK-3Lwph0#t=1m4s

I did not know that?  Never seen a thread on that. If true the dashers would have been all over it surely?
If true that is a big issue for monero. Where is the thread on that I must have missed it. How long was it like that and it is possible to see there were single miners going at 100x speeds?

I love NEM but do agree that is a harsh deadline indeed. They should have really held these in a pot for those that can prove their claims.
This is true for a few coins though if you don't keep an eye out coins swaps happen and you're out. With the coins swaps I can see their point though because people can keep mining on the old chain and swapping for new coins where mining competition is fierce. With NEM this is not the case. NEM stakes are now like 8BTC so gutting if you missed it I would freak out.

im sure its written here https://bitcointalk.org/index.php?topic=1151565.180  somewhere

btw, dasher are not bloodthirsty like moneroer

No; that part comes later: https://www.youtube.com/watch?v=NPr460uksB0

 :D

I'm sure if there was proof and any real fire with the smoke it would have combusted on the main forum? however things can smoulder away for a long time before actually moving to flames. It is the fanning that I believe makes the difference. Dash got away with it for ages. Then came the fan and whoosh. You can never get away with things forever. Best to build your house on good foundations out of stuff that can't be burned. I bought some xmr and holding it. I kind of like smooth from what i read. However of course if proved a scam and collapsed I would accept and not fight against it with excuses as some do from other coins. If it's a scam then just get on with things as best you reasonably can if you entered after it happened and didnt know better - but never defend it nor endorse the scamming actions else you start a slippery slope.

What do you mean "Then came the fan and whoosh."? Dash has had a very consistent price with similar ups and downs to every other alt coins. If you overlay the DASH and XMR charts for the last year or so they look pretty much identical. There has been no "whoosh" unless you mean mean "whoosh, look at that consistent price and solid performance when compared to other successful cryptos.. whoosh".

As for the initial XMR mining scam, smooth will be here any minute to blame the original cryptonote/monero developers and/or perhaps claim it was an accident and that he never actually took part in the scam and that we should just trust his word that he knew nothing about it when monero was launched. Then in the next breath he will say that we can't trust Evan when he says initial DASH mining issues were an accident and that his accident is worse, so therefore we should ignore the XMR scam and focus on his biggest and most successful competitor, DASH.

lol @ monero getting the 2nd to most votes.. Must be ppl who are invested in a competing anon coin/ppl who dislike certain monero community members  ::)

LoL. It's a special kind of warped logic reserved for religious fanatics in troll threads.

i.e. this is not a scam...


...but a 2-year old innovative project that held its value all that time for the singular reason that the project leader stuck to his post, continued innovating, working hard and problem solving while hundreds of others abandoned theirs....is.

You do the math  ::)

That seems totally legit.

I like how the Dash [ANN] thread's cult enforcers are so quick to attack anyone who fails to cheer loudly enough for their insta-mined, completely centralized scam coin and associated Masternode HYIP.

The way the DashHoles report and remove on-topic posts that aren't sufficiently positive really makes me believe they are a mature, stable community with nothing to hide.

My favorite is when you bring up the instamine, "...But look at the innovation!!!"

You mean innovations like X11, which is flawed and Evan has yet to answer how he intends to fix it. Or innovations like darksend (admittedly second rate anonymity by Evan himself) with its 20+ hour mix times.

And don't forget instantx, which TPTB_need_war demolished so badly that Evan has yet to untuck his tail between his legs and comment on.

Hey dashtards, adding a dark to something doesn't make it anonymous anymore than adding x to something makes it innovative.

Ok I think I'll leave you folks to your little hobby.

Have fun to yourselves  ;)

And right on cue, there's the Dash cult enforcer.

Notice how he just makes a cutesy minimizing deflection instead of attempting to justify or rationalize Dash's instamine, centralization, etc.

BTC core devs Peter Todd and gmaxwell are professional coders/cryptographers, so this isn't just some random dude and his "little hobby," as toknormal dishonestly implied.

http://pastebin.com/15dPiuue

The whoosh to which I refer is the nobody mentioning darkcoin or xcoins was a scam. To vast majority of the board suddenly noticing it was a scam. I have no doubt dash would have been way way ahead of where it is now if there was no scam at the start.

There is no point in excusing one scam for another (not that i say xmr is a scam i never looked into it.)

If you have concerns over another scam first don't let it be known before you start to scam bust in public you are involved with a different scam - even if you were not part of it at the start when the scam started.

Nobody mentioning darkcoin was a scam? Are you kidding? The Xcoin/darkcoin/dash thread has been non-stop bombarded with people yelling "instamine" and "scam" since day one.

When did I say I say I was excusing one scam for another? Or even try to "scam bust"? You said Monero wasn't a scam, and I replied about the fraudulent public miner promoted by the developers of monero.

Also, I was heavily invested in XMR at one time, and currently I have investments in DASH and quite a few other currencies. Main reason I don't have any XMR now is because how toxic their community is.

Yet I never seen a developer like Evan and he's beautiful work; if any of these developers created one of he's creations like instant transactions or governence thingie or even that 2nd tier those haters would be all over it saying how awesome is their low skilled can't even make a GUI wallet working developer is. Keep dreaming of Dash going down it won't and stop hating on ETH because it's doing so well man these haters can't be happy with a 10% of a gambling site while doing nothing but spreading hate on forums and shut up  ??? insetad creating those useless Polls with threads like "What do you think of DASH BLA BLA BLA"  Haters gonna hate.

If they hating on Evan and Dash then man it is doing an awesome job at pissing them off.

Thank you for the clarification.
And the truth is not considered Monroe from this side.
I will look for information.

The jealousy is strong with these ones...

To anyone who believes the false narrative that Dash's governance is a dictatorship, let me tell you a story.

Evan submitted a proposal to hire Transform PR to represent us. It was approved, and after a month some community members started having second thoughts. There was a big discussion on DashTalk, resulting in the Transform PR Initiative being struck down, and Evan himself as the Dash representative had to embarrassingly cancel the contract he had signed.

Does that sound like a dictatorship to you? Amanda Johnson has Dash figured out just fine, my disillusioned friends.

This is my criticism (still waiting for someone from dash to explain this away).

Dash has some pretty horrendous flaws: namely X11 and Darksend.

X11: If one chain can be attacked then the whole thing is vulnerable--you essentially load a bunch of people on a bus and hope one doesn't have a virus. I've pointed this out to Evan, as have others, but he has yet to address it. He has stated incorrectly that you just roll the chain back and get rid of the broken one--this is patently false as the broken chain can exist for some time and go unnoticed and do so much damage in that time that no roll-back can save the coin--he's essentially saying, "We can just kick the sick person off the bus and that gets rid of the contagion," meanwhile everyone on the bus is already infected.

Darksend, besides its twenty hour mix times, is flawed because of centralization and the fact that TPTB can subpoena control (or use other methods such as coercion) to gain enough nodes to break anonymity. I would suggest that Evan owns enough to break most anonymity and a fincen investigation hanging over his head would be enough to coerce him into helping the US government break dash's weak anonymity--that is if dash ever gained enough market to garner governmental interest (and that's a huge if). Cryptosystems are meant to be anti-fragile, especially against governmental pressures, and this is why well-built cryptosystems avoid centralized solutions.

These two flaws lead me to believe Evan has a very weak understanding of cryptosystems (I have just a casual interest and I understand these things, so for a developer to not know them is pretty unforgivable).


Criticisms are either true, false, or opinions. It doesn't matter in what frame of mind they were made if they are correct. It is the liar, the fraud, the charlatan who wants to sidestep truth with accusations of motive when motive cannot determine if an argument is true or false, but only the attitude in which it was delivered. Scientist can hate, criticize and ridicule one another, but when day is done, only the facts are given weight. But then again, I'm just a hater, so nothing I say can have any weight or truth.  :P

Can confirm, the coin with the sneaky "accidental" instamine often has that issue come up.  Sorry, but you need to do more than just wish the instamine issue would go away when you Duff-splain how it was all just a crazy misunderstanding.

As for which is the biggest scam, its hard to beat a coin like Dash, that gets called out BY THEIR OWN CORE DEV for being a "fishy" way for greedoids to make a centralized gold-crapping donkey.

Both of these issues are currently under review. The Dash software is currently in beta, no one is saying that it is a finished product. When Dash V1.0 is released, you can be sure that PrivacyProtect will be vetted and ready for prime time.

In regards to Masternodes, the scenario you describe is highly unlikely, as a far greater amount of Masternodes than would be needed to control anonymity reside outside of US control. We would simply move them to jurisdictions that are friendly to crypto.

That's a nice Duff-splanation, but wouldn't a core dev like vertoe know exactly how centralized and dictatorial Dash is?

I tend to believe a former Dash core dev like vertoe over a full-time apologist/internet marketing flunky like you or a random YouTube journalist.  Especially since Amanda is sponsored by Dash and thus has a massive conflict of interest in reporting the facts of the centralized, instamined Dash HYIP scam.

It's pretty obvious that ETH and FCT are complete pump and dump scam coins. Look at the amount of trolls saying otherwise. Do your research before putting your money in these shitcoins!

THERE I FIXED IT.

Same old song and dance. Your material is so old. As for Dash, the facts stand on their own, even with your constant negative spin. We're not going anywhere, no matter how many threads you hijack. And that kills you.

That's a nice Dufflection from the question at hand.

I repeat: wouldn't a core dev like vertoe know exactly how centralized and dictatorial Dash is, especially as opposed to a sponsored journalist?

You know the answer is yes, but can't admit it for lack of integrity and overwhelming financial conflict of interest.

My vote went to Ripple for a crypto which tried desperately to look like it was Open Source and decentralised when in fact has a single global ledger and coins which were totally premined. The company was called OpenCoin back then. Also they tried to make it look like you could pass around any crypto without admiting what you really pass around is IOUs (or debt).

Dash was scammy right at the beginning but with all the redistribution since and all the innovation continuing to happen I don't see that as a problem. Dash is the only crypto I hold in my own wallets other than bitcoin right now.

Eth seems like a huge pump and dump but i'm not sure where scam accusation comes from

Monero is scammy like Dash but because of crippled miner released at the beginning.

Define "community members."  What constitutes a negative effect? Are "political policies" taken from the official mission statements of the coins' documents, or simply one's subjective impressions of what the leadership's undisclosed vision for the coin might be?

The original "biggest scam" question is more appropriate, given the rephrase is equally subjective and even more vague, IMO.

Newbie, KID, OP it's cute you have opinions but they are dog shit.

Sorry NOOB's you know nothing what so ever about altcoins.. now STFU thanks

The bolded is as ignorant as Evan's statement on fixing x11 by rolling it back.

Those masternodes are on host servers of a few companies, not on individual computers all over the world, so gaining control of them isn't a big deal especially if one person owns a majority of them and has granted access through coercion or a subpoena--but way to dumb down your response to muddy the water. Again, it's not where the servers are located that matters, it's who controls them. And Evan and Otoh control a lot of them and the companies used for hosting are few--the fact that the hosting companies servers are located all over the world may look nice on a map, but it doesn't diminish my point as to their being controlled by a few who can be coerced, by law or force.

Also, nice hand waving about beta and we'll fix these issues in the future. Show me a whitepaper that can be peer-reviewed so I can see for myself that it isn't just more hype and promises.

Seriously ?
Are you really back bashing DASH again ?
Yeah i really do need to put a fork in you buddy.
When i said that last time you switched accounts LOL

Monero idiots .. 3 or 4 of them with 14 accounts as usual hell bent on bashing DASH here 24/7
AKA: posting FUD / Trolling

Why ?

Because they are angry their shit coin Monero was criticized.. so it's a retaliation
or WOW they must REALLY be super threatened by DASH (their competition ?)

Maybe stick to your 700+ pg Super Speculation SPAM topic or paid forum game Retro City "adoption asset" topic ?

 :D LOL, cheers to you my friend, Mr. Spoetnik, I freely admit that my knowledge of crypto tech is sparse, hence this poll for info.
 
Abraham Lincoln surrounded himself with advisors who were not only smarter than him, but they did not always agree with him either.  Like honest Abe, I do not want a cabinet of yes men.  I prefer to immerse myself in the progressive state of the art genius that is available to me at my fingertips.  We’ll never make America great again if we refuse to learn new technologies.  I am walking the talk.

I welcome the tough love, and don’t expect to be treated as a celebrity but as any old noob who is fresh off the boat stumbling into the wrong bar after hours.  I’m thick skinned and a proven winner who will bounce back leaner and smarter than before.  I appreciate your help here, so please bear with me while I hone the prospectus for my “2016 Crypto Equity Index Freedom Fund”

I have divided my selections into 2 distinct categories:
1.   Governance Models
2.   Niche Businesses

So far, we have only identified 4 major categories of crypto company/community governance models:

1.   - In a Hashocracy like bicoin, only the miners choose which future developments get implemented (which hard forks to take), and anyone is free to compete in the coin mining process.  The original Bitcoin Foundation members did not like fact that they lost their ability to control the miners, so they left to form Decred which is a:

2.   - hybrid Hashocracy/Meritocracy which allows anyone to compete in the coin mining, but only coin holders get to vote on development directions (which hard fork to take).  DASH is now a hybrid Hashocracy/Meritocracy like Decred, but started out as a Dictatorship when Evan misrepresented the total number of shares without indemnifying the shareholders.  Since the SEC has no jurisdiction over a crypto company, there can be no legal recourse for suffering through injustices experienced as a shareholder of a company ruled as a:

3.   - Dictatorship is where a central man or entity tells the miners what to do.  I pledge to avoid any investments in companies who are or have ever been ran as a Dictatorship due to the lack of legal shareholder recourse described in #3 above.

4.   - In a pure Meritocracy like BitShares, shareholders determine which hard forks to take and who is allowed to mine new coins (1 BTS = 1 Vote).  This type of community resembles that of a traditional company with multiple owners.

Because I obviously need to be politically correct here, I formally apologize to Amanda for criticizing her explanation of the DASH governmental structure as anything but its former dictatorship because it’s obvious now that Masternode owners are in control of the DASH network, even though that was not always the case.  I simply choose not to associate with former dictators, and I don’t want to lose the female vote.

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m8s
(I stand corrected Ms. Johnson)

In our second category for crypto investment, I'm searching for the best of breed (large cap) crypto companies in each niche market.  

I only came up with 8 niche crypto business sectors.  Please let me know if I am overlooking any sectors.  Again, I want only the largest cap company in that sector, but not if it has ever been ran a Dictatorship:

1.   the largest (biggest market cap) data storage company is Maidsafe
2.   the largest records database company is Factom
3.   the largest social networking company is Synereo
4.   the largest music monetization company is MUSE
5.   the largest public Turing complete computer is Ethereum
6.   the largest anonymity solution (omitting DASH) is BitShares
7.   the largest file swapping service company is Florincoin (The Alexandria Project)
8.   the largest domain name company is Namecoin

So to summarize:

Are there any crypto business types or governance structures that I have not considered?

Thanks in advance, and there was one question, I have yet to field:


Community members = coin holders or shareholders

Negative affects = decisions made outside shareholder control that have the potential to lower the share price.  

Evan stealing coins is such a negative effect even though he did not sell them on the open market, he could at any time.

Political Policies are direct statements taken from whitepapers, bitcointalk announcement threads, or any written dev post.

A scam is a lie that can only be proven by objective fact (no different than in a court of law).

Your feedback and criticism is greatly appreciated.  Thank you again my friends.

i wonder if this accusation is true...


https://bitcointalk.org/index.php?topic=1272304.220

wow

Thanks for giving me a glimpse into the cryptoscam glacier.  It's going to take me a while to pick my way through that mess.  It's good to see the crypto game for what it is though.  Competition in business is no less brutal.

Monero was not on my Index Fund list because there are larger cap companies that provide the same level of service. But good looking out my friend. If I had been considering Monero, I would definitely think twice. Thanks again.

Instead of wondering you should fact check and see that sputz used his mastery of misreading to turn David's getting ripped off into an accusation of being in league with the guy who ripped him off--then went full beautiful mind and started connecting random excerpts in a haphazard conspiracy theory using, "I don't know, but..." logic. As usual dashtards + sptz = FUD and distraction.

Notice how not one of them has countered my technical criticism of dash? Though sputz might have as I have him on ignore, but that would require a huge leap of effort on his part as he tends to just shout and wave his hands and will never in engage in a technical discussion.

This whole debate has obviously been hijacked by butthurt Monero employees or followers. Here's a hint, guys. Try to match Evan's ingenuity and marketing savvy, rather than play this sad, bitter loser role. So far, I've seen nothing that makes Monero more credible than DASH. Try to work on that issue first.

Why is Monero's marketing so pathetic? If you can't even be bothered to communicate effectively with the P2P community, why should anybody care about you? Bottom line is that Evan is a doer, and you're like snivelling wretches on the sideslines. DASH has a timeline, with clearly defined targets and funding. What has Monero even achieved yet? The last time I saw your website it was total sh*t.

If anything, Bitcoin should be the first scam, with Monero and Ethereum tied second. DASH shouldn't even be included in this poll. And this is coming from somebody who doesn't hold DASH.

generalizethis.. Monero Economy Workgroup - The MEW Thread (https://bitcointalk.org/index.php?topic=776479.msg12619507#msg12619507)

crybaby scam coin pusher is mad his crap coin Monero has been caught in tons of drama
so he comes her and posts nothing but DASH Bashing.
Ignoring the fact the coin he defends here all the time has done far faaar worse.
Hypocrisy.

Spoetnik is a grumpy old fart, lol, everything is a scam in a world of shit to him. Many of us will be like him at some point :D

rofl  lmfao   :D :D :D :D :D ;D ;D ;D ;D ;D



Thanks spoetnik... LOL what a funny thread...

Whenever you guys are done hand waving and attacking me, this will be here waiting. TaoOfSatoshi at least tried  ::)

Scamcoin Education 101

I am forced to post because no one addresses your post correctly. Sigh.

Can't anyone learn from me and take over my former role? Pleeeeaasssseee!


In Satoshi's design that is true and also because it is economically driven to centralized control over the hashrate (https://bitcointalk.org/index.php?topic=1388887.msg14144978#msg14144978); but in my redesign of proof-of-work, I posit that no user has enough hashrate to control anything and the economic forces driving centralization are eliminated.


Ignorant bullshit. I explained why that is impossible when employing Satoshi's design (https://bitcointalk.org/index.php?topic=1388887.msg14144978#msg14144978) (<-- read the linked threads), regardless that the developers assert some BS about meritocracy. Rather there can only be centralized control.


Ignorant bullshit.  Come on man, don't be such a dufus. Surely could have deduced quite simply that since Dash and his whales control most of the coin supply, then they control most of the masternodes. Duh. The scam continues unabated.

Amanda is articulate and quick witted, but she is not very deep on understanding technology. She has only a superficial understanding justified by her reasonably quick mind. But she totally lacks computer science and relevant experience. She is a smart journalist, not a coder. Would you ask a journalist how to rebuild your combustion engine, or a mechanic. Come on people, the abysmal level of common sense on these forums is pitiful.


Hot? Somewhat attractive but the big lips and mouth are slightly resembling the vagina of a mother pig. I haven't seen her figure, but probably nothing exceptional. And I read that she is addicted to some medications. Definitely not my type, except I appreciate her quick mind, might not be boring to talk to her. But if she has any feminist leanings wrapped in Libertarian sheepskin, then fuhgeddaboudit.


Ignorant bullshit. Why do people not study my research on this legal topic (https://bitcointalk.org/index.php?topic=1218399.0) and other topics  ???

Reading my 10,000+ posts should be required Bitcoin 101 reading course!


More ignorant manure. Proof-of-stake is entirely centralized (https://bitcointalk.org/index.php?topic=1319681.msg13488432#msg13488432). The illusion of voting is the same as in a democracy (http://esr.ibiblio.org/?p=984).



Inoramus, don't you know that all these decentralized file storage systems (including Sia, Storj, Florincoin, etc) can't work because I explained that proof-of-storage (a.k.a. proof-of-retrievability) is nonsense because anyone can pretend to be running many nodes and keep it all stored on one node. Thus Sybil attacking the system and cheating its economics and data retention resiliency.

MaidSafe is a scam. Even the claimed anonymity is technical bullshit.

I am so tired of this forum and endless stream of new ignoramuses who join this forum. I am not paid to reteach all of you fools! I would never fix the problems by coding if I spent all my time teaching all of you.


Get a fucking clue dude about this shitcoin (https://bitcointalk.org/index.php?topic=1388635.msg14112369#msg14112369).


Get another fucking clue about this shitcoin scam that presold AMPs before shipping a technobabble hyped project which has an economically and technically flawed design:

https://bitcointalk.org/index.php?topic=1361721.msg13868758#msg13868758
https://bitcointalk.org/index.php?topic=1344997.msg13713923#msg13713923
https://bitcointalk.org/index.php?topic=1344997.msg13739210#msg13739210


What the fuck is that?


Have you been asleep under a rock the past few weeks (https://bitcointalk.org/index.php?topic=1361602.0)?


Learn about the End-to-End principle for anonymity before you IGNORANT AND ERRONEOUSLY claim that any coin that doesn't use on chain mixing is anonymous. Ask smooth to explain this to you. Visit the various thread where I have commented on this, such as the "Thoughts of Zcash?" thread.

wow

Thank you TPTB, that's exactly the type of analysis I've been looking for!

It's going to take me quite a while to weed through all this though.  

I really appreciate your time sir.

http://rlv.zcache.com/vets_for_donald_trump_youre_hired_fun_stickers-r9d33a5d2a7d34c4bae400157a8d90e1a_v9wth_8byvr_324.jpg

You fucking changed the poll to some meaningless shit.

Please restore a proper poll about which coins are scams.

Ah fuck it, I will make a new thread because you are clueless about making a proper poll.

Yw on my feedback. Hope you can learn before you make polls.

Protoshares where PoW mined. There was however crowdfunding for Angelshares. I think Bitshares was distributed 50% to Protoshares holders and 50% to Angelshares holders. What I didn't like is them changing things a year in and inflating the currency. Other than that I don't think these guys were out to scam anyone.

1.     did they delivered any product so far? Last ten years, perhaps?
2.     Namecoin entered the market earlier
3.     Facebook?
4.     iTunes.
5.     Cloud Computing. The better approach to rent CPU cycles.
6.     Bitcoin. Use a darknet search engine on "Mixers"
7.     The Pirate Bay
8.     DNS runs just fine if searching for an alternative

There are no such "niches" to deploy. The Dictatorship argument is void, proof: Apple. Microsoft. Oh, Facebook. Google.

This makes an excellent case as to why DRM (Digital Rights Management) is pure evil. The reality today is that the United States has been pushing worldwide at the behest of organizations such as the MPAA, RIAA and (big content publishers etc.)  anti-circumvention laws that would make everything described above illegal and subject to civil and criminal penalties. Given that the United States is the country that is pushing for a world where tinkering with anything will be a criminal offense, it is very unlikely that America would become great again and another country or countries will take its place.  

How do you allow for multiple votes?

I'm not seeing the option.  I'll change it, but I don't know how.

HAHHA - yeah okay ...............so you sold it all then?? why was that?

D - devious
A - and
S-  scamming
H - hoarders


Early xcoin/dark coin hoarder here claiming does not hold any dash?? yeah okay


check the post history.... don't hold any dash ahahah ...so unloaded on other poor mugs???




------------------------------------------------------
on: 22-02-2014, 14:13:27

--------------------------------------------------------------------------------------------------
My Darkcoin wallet just disappeared from my PC.

Does anybody know why that happened? When I go into start, run, and type %Appdata%, I can see that the Darkcoin folder and its contents are still on my computer. Which is a relief.

The problem is that since switching off the PC and booting up again, the Darkcoin wallet itself is no longer there. Which files in the Darkcoin folder are relevant to opening up the wallet again, and how do I do it?



----------------------------



what a relief - my empty dark coin wallet is still there.

ETH versus Monero, this is getting exciting .. who will win this poll ?

Yes, I held Darkcoins in the past. That's not illegal and doesn't mean I'm presently or otherwise commercially invested in the coin.

Evan Duffield never portrayed DASH as an investment vehicle. He has a long-term roadmap to help in the process of redesigning the financial system. If you want to hold coins for a short period of time, that's your choice, but Evan has always been looking to build an alternative system with wide-ranging functionality. He has clearly laid out the pathway his developers intend to take over the next 18 months, in doing so.

By contrast, what has Monero done? Anyway, I admit to personally liking Evan. He's a pretty interesting guy. He's a doer. The bottom line is, he is working on solutions that the world needs. They may not be absolutely perfect but he is getting on with the challenge instead of bad-mouthing competitors.

Oh so you sold (unloaded onto suckers) them all. Thanks for letting me know!