Bitcoin Forum

I think we are headed down a slippery slope with ByteCoin.  People are become confused and it will turn them off. 

For starters all the topics should be pushed to the alternate currency topis and not had in the newbie or other Bitcoin topics.  This is Bitcointalk.org, not Bytecointalk.org.  I would go so far as to suggest a Bytecointalk.org be created.  for now the alt currency is the place for that talk.

So why do I think its a slippery slope, the first time someone is tricked into buying a bytecoin for $100 only to find out they were scammed there will be an uproar.  Mind you they should have educated them self, but people coming to this for the first time will not know the difference and it will confuse them.  They may well turn away thinking it's too complex.

I'm not suggesting it not exist, or that Alt coins are bad.  I think we needed to separate them from Bitcoin so it doesn't pull Bitcoin down while it tries to stand up.

Nobody's gonna mistake Bitcoin and Bytecoin.  Anyone who falls for that old gag is bound to part with their money any other way.

Btw, anyone wanna buy some gald?  It's this new shiny orangy-metal thing I found in my back yard, probably worth thousands.

Bytecoin:
-no difference vs Bitcoin
-no development manpower
Just stop talking about Bytecoin and the coin will be forgotten soon

Too late.. the pizza was delivered!

its a carbon copy of bitcoin so there is no development needed. Simply copy paste updates from the bitcoin devs. I think this is the big strength of bytecoin.

Seems like people who are do not know much about tech will get confused.

Yes they will. I wish the developer had named it the obvious bitcoin2 instead of bytecoin.

Bytecoin is vaporware, pay it no mind, this is a critical time for cryptocurrency, we should use our resources to help Bitcoin and Litecoin.

If you're going to introduce a new currency, at least make it something unique. If Bitcoin is gold, and Litecoin is silver, would be best to start one that is more like Rhodium (most expensive metal on Earth) by having there be less total coins making them more rare and difficult to generate.

New currencies are a good thing, overall they all take away from the eroding status quo, but they have have a purpose and there be a real reason for a divergence of Bitcoin. You can't just copy and paste Bitcoin's success by running a paralleled network.

Assuming that is this is actually real, which I don't think it is. Don't post below me and help Bytecoin go away.

Look, a new thread about that scam  ::)

Still beats Novacoin.

Looking to buy bytecoins, have 1btc to spend on it. Gotta get out of this newbie section, will send first to a reputable Alt-Crypto Currency forum poster.

Really i feel the exact opposite, I think the fact that bytecoin is an exact copy of bitcoin is its big strength. I mean we know that bitcoin cant scale to the point necessary to facilitate even a fraction of all world trade so additional blockchains are an inevitability. And when deciding what sort of additional blockchains we should use why not just copy bitcoin, we know that bitcoin works and there is no need for a dedicated development team, we could simply leach off the bitcoin dev team.

dont get me wrong im all for great innovation in the field of cryptocurrency if anyone happens to have any great innovation laying around but the options we have out there now (ppc, trc, nvc) are not great innovations. If given the choice between a terracoin or a bitcoin2 ill take the bitcoin2.

100% agree with OP. Bytecoin will confuse the hell out of newbies, and inevitably result in people getting scammed. It's not much better than mtgix in my view.

BytchCoin is shite. Forget it.

How about we discuss Freicoin instead? XD

Yes will confuse a lot of people, especially if they are not native english speakers. In general the more coins will appear, more confusion will be. Imagine, hundreds of new alt coins launched, maybe sponsored by some corporations or groups etc It's similar to domain names, first we had .com, now ICANN approved a lot of new TLDs for everyone, .ny, .bcn http://newgtlds.icann.org/en/program-status/application-results/strings-1200utc-13jun12-en, ... why not .bitcoin
The difference, .com domain name had time to establish on the market, but the bitcoin... not sure, the chinese could create their own bitcoin, the chinese bitcoin to use in China etc
They can creat a new alt coin stronger than bitcoin, if they have money and power, support from the media, why, because all people that lost the bitcoin boat want a new chance to get rich.

Business plan:
1) copycat something
2) give it a vaguely similar name
3) find a bunch of excited losers who can't tell a from b
4) profit

If come up with an Idea for a System where you can send Messages and even small Files to other people using this System. I think I call it I-Mail, or Liteletter, haven't decided yet.

Yes.  Just ignore ByteCoin... it will go away.

And, as a side note, anybody that can't read well enough to distinguish between BitCoin and ByteCoin really should not be using a computer or playing with real money.

Well hopefully the moderator can aggressively move it to Alt-Currency forum.

You just described China's primary export. Wanna see my Appel iPlod?

No, I don't think it will confuse anybody.

The protagonist/s behind this are using a large number of sock-puppets to make it look popular. Some people will be fooled by this. It's a scam, plain and simple.

+1 I noticed this too, and we all have a very good idea of who that protagonist is.

Well, please report them if you see those outside of the alt coins subforum.

it's just a learning experience if thye make that mistake

yep i also noticed this but it is still a good idea regardless. im not a sock puppet and im going to keep pumping it =)

I dont know who it is. Who do you believe it is?

Satoshi?  ;D

hey its the puppeteer himself. C'mon give us a hint, who are you really?

I wouldn't worry about it - the market will decide over time what it has confidence in!

Ive never even herd of bytecoin lol

hahahah i cant believe i actually saw a guy bring an iphone to be sim unlocked while i was waiting for mine and found out there at the shop that it was a chinese ebay cheap version..

Hm, interesting

A copy of Bitcoin was bound to happen anyway. Bitcoin must be able to cope with that so we might as well try it ourselves. In the end, it's not about becoming a BTC millionaire but about making hassle free 24/7 unrestricted payments. Couldn't care less whether I have to pay with LTC, BTC or Bytecoin in the future since it is all interchangeable.

The market will sort this out. We don't have a problem with 100+ PDF readers either.

I wanted to skip this post, I really did, but there's just so much wrong with it I couldn't help myself. Forgive me if I seem like I'm "attacking" you, but the amount of ByteCoin sockpuppet shills is staggering.


It already has, dozens of times.

We should participate in a pump-and-dump scheme because it looks like our own pump-and-dump scheme?

This is true. Have you tried Ripple yet?

Last time I checked, no, they weren't interchangeable, at least not with any amount of ease. Only BTC>LTC, LTC>BTC.

The value of the PDF doesn't change by what reader you use. This analogy is completely nonsensical.

I fail to see what you want to convey in your post. BTE is simply there, period. That's a free market and the market doesn't care whether we like it or not. Yes, there are other coins but this seems to be an exact copy of BTC giving extra attention to the fact that Bitcoin is not protected as a concept.

I wanted to point out that BTC will have to manage with exact copies out there and in my personal opinion the birth of BTE provides an unique view on what happens with exact clones. Again, I would like to stress it's about the protocol, not so much the value or type of coin. Only is there's sufficient adaptation, the coin of choice has a future.

I'm excited about this; are you?

Nope

so I just decided to google bytecoin and see about their website or any other info besides this forum, this is what came up:  http://bytecoin.net/

Yeah...

Dont care about

We should give bytecoin a chance, bitcoin is opensource, so it has to deal wit 1:1 copies. But I have to agree, that the name of bytecoin could be confusing for beginners.

no point giving scamcoins a chance :)

yes they were designed as scam coins, clearly with all these sock puppet accounts floating around. But that doesnt change he fact that bytecoin is a good idea, really there is definitely room for one carbon copy of bitcoin in the market. If for no other reason than to give the gamblers a dedicated chain for all their spamming.

Nope .... We need something other than carbon copy clones .... Cloning implies stagnation not froth or innovation.

Do we need another company to clone apple?;)

yes it would be great if a company could clone apple, then apple would have to bring its prices down.

i have 1.5 euro in my paypal account(activation fee)
il buy some bytecoins
1000 whould be nice  :)

People are having difficulty getting 1000 bytecoins for .2 bitcoins. So I don't think 1.5 Euro is going to make it.

Because why should i bother ? 0.2 Btc ? Pffft... for this sum its not worth it to give you my worthless bytecoins... moving my mouse has a price , too !

if 30 dollars is no big deal to you than you must be a lot wealthier than me.

can someone spare 2 bytecoin ?!
ty in advance!
8UvJtdWSZteUEsSfqGJRXG88cQeJWV2XQC

sent

Ty Anon136
This coin need a real  market

i think maybe ill put a bounty up for it

A better name would have been Super Bitcoin 2 EX Alpha.