Bitcoin Forum

All day every day this page is full of the worst garbage coins that I've never even heard of.

With so many coins being created maybe it's time to sub divide that page into different sections.

- Long term PoW blockchains.
- Short term PoW -> PoS blockchains
- ICOs -> PoS or PoW blockchains
- ICOs -> meta-coin tokens on top of another blockchain

I'm not sure of how to categorize them but there's some options.



One important distinction should probably be blockchain coins and meta-coins on top of a blockchain. PoW and PoS also seems like a pretty important factor within the blockchain coin category.

It's possible and with that idea,it will make things easier for investors and traders but this is basically a bitcoin forum and these altcoins are just one of the category to make this forum popular for those who are into altcoins,in fact there were suggestion to just take down this categories.

Yeah I check it out often enough, they really only need two categories to sort it out, shitcoins and non-shitcoins, 99% of them can go into the shitcoin section, it would save me some time wading through pages of trash to find what I want.

Yes, Im still checking the announcement altcoins thread on what are the
important news about altcoin. This is still relevant informations to
traders so we can verify what are those shitcoins. And, all of us can be
aware of.

good question and I will watch this topic to come back later and see what others have said.

but for me, I used to watch that board (the announcements) and read the altcoins different pages to see what is going on with the development and other things like releasing a new roadmap, a wallet, some other application,... but after a while I gave it up because there is not much to see there in my opinion apart from bad projects one after another that only exist to get pump and dumped and you can never see pump and dump on their announcement thread!

No i stopped looking in the ANN section probably 2 years ago.

And group them up as the first option in the ANN section then move the rest to the scam section.

Done.

I also stopped ages ago, it is either incredibly long threads that have taken on a life of their own, or sh!tcoins.
I couldn't name the vast majority of the coins announced now, and that is probably a good thing to be honest!

I'm into very few altcoins as it is, and I wouldn't be able to keep up with the torrent of shitcoin announcements even if I wanted to.  I have that section on ignore, along with a bunch of others.  It's all garbage to me.

I still check at "Announcement Section" from time to time for some altcoins. Not diretly going to ANN section but from exchanges. From exchanges, I check the coin price then if I want ti buy that coin, I click the coins thread and it is link to ANN section. From there, I read the community inputs as an additional reference for decission making.

No, i am no longer checking the announcement topics!

because i no more have any interest in what the owner of the altcoins has to say. instead i am only interested in bitcoin in first place and i am interested in the charts and orderbooks of those altcoins, if i like them i invest and dump as soon as possible and if don't see what i like i stay the hell away.

I at least browse through the threads and read - just as I do in most other sections. I probably haven't grown to be as cynical as the rest of you lot, due to my tender age in cryptocurrency haha.

I must say that the more I read the whitepapers, the more I believe a lot of them are deliberately written in confusing technobabble. Very few address a need, most seem to just create issues and claim a solution.

If you separate alts into "shit coins" and "non-shit coins", lots of "shit coin" developers might decide to sue you for defamation :D :D

Every day I see atleast 1 new cryptocoin being created and posted in that section, it's a fight for the first page 24/7, you have to go back page after page because the new crap is pushing whatever reading material there is down the Topic page list.

It is a good idea in itself but who is one to judge how long a coin will live for or even succeed, that would also require a Dead coins subtopic but then people will just look there to reboot coins and the process repeats.

yeah i'm not looking at it too much we have already the best and most prominent coin that have the bes hype as welll, and it has been a shit place full of ico lately, so i don't bother anymore, i just keep an eye if something good like zcash is released

I used to check it in the past but now I'm not even bothering , there is only one alt that I care about and my aim is to make more btc by using that alt
in general I'm subscribed to many youtube channels , and when there is a new alt or project coming on they usually highlight it so no need to keep checking the forums with 99.99999% shitcoins  :)

no

only when I know the coin I look for their announcement topic

Nah, i don't care about it enough to go and waste my time by checking their announcement and see the same topics over and over again.


i liked the idea of dividing that section into some sub categories. but the problem is the categories. for example ICOs are going to end which board will you put them in? and besides the sub-boards will be filled with the same thing again. now we have multiple boards with shitcoins in it.

however if we could come up with a better categories it would be good.

I like to keep track of the ongoings of altcoin movements and the markets to know when to trade. Doesnt really matter if an altcoin is shit or not if I can flip it then why not ?

I don't think splitting it into 4 is such a good idea. Imagine how long it will take to go through and sort all those threads anyway. I do understand why you say that though it is pretty difficult to keep track of what's going on.

I'm an active trader so yes I am a regular visitor,there's a lot of money to be made in the altcoin,but it so tricky,so need a good knowledge to spot scam and shitcoin to good coins,remember some good coins like ethereum litecoin and doge are in the altcoin section.

I figured most would say no.. it's been flooded so what do you "dev's" expect ?
And most saying yes are dev puppet accounts guaranteed.

I am also the only one pointing out how this is a META forum related topic.
Should i report it so it gets moved ? nah.. it's interesting LOL  :o

PS:
Thank the morons at Coindesk for posting their news story "why we need all the altcoins we can get"
And in case you all are new here or forget.. the scene supported mass cloning willingly.
I know i argued by myself pretty much with them every step of the way.
The guys that ran Cryptsy and all the users here for example argued it.. defending shitcoin'ing.

Of course you all forget LOL

I have more class & integrity than the whole scene does combined.

The concept of market saturation is lost on retard investards here.
They think the more you make the more valuable they become HAHHAHAHA

MOAR CURRENCY IS MOAR VALUABLEZ !!!1111 HDOL BUY BUY BUY NOM NOM NOM CHEEP COINZ !!1

well they could maybe put 2 categories
• altcoins forked on existing cryptocurrencies
• cryptocurrencies with an original code base

because mine would not fit into any of your 4 categories :/
since it doesn't use PoS/PoW nor is a metacoin


ann thread for those curious: Unified Digital Currency (https://bitcointalk.org/index.php?topic=1666899)

Although I have never been into altcoins and that's why never cared to take a look at this section of the forum but have recently developed some interest in altcoins too but still I rarely check altcoin announcement section.

The problem would be getting a person or person(s) to spend time sifting through 7,000 ANN topics.
And yeah.. that is simply ridiculous there is THAT many.
Things have gotten waaaay out of hand.
And what do we see ?
Oh..
Well..
This NEW coin is the ONE !
Yup..
This new Zcash Coin (shitcoin #7,102) is teh legit'z !11111ONE

8k 9k 10k 100k 1 zillion.. you all won't stop ..you need yur ROI'z  ::)

Anyway as i said 100 times before.. sorry i got side tracked by the FUD  ;D
Ideas around here are great and all but we have a core principle in play.. i assume deliberately.
Freedom.
Whether it is abused or not is another matter.
Is theymos interested in setting up drastic new measures to police crypto ? I highly doubt it.

The problem would be getting people willing to work for free or theymos paying out of pocket
to sift through every coin that comes along.. and WHO is chosen to do the influential job ?
That would trigger a shit load of drama because key people would have abilities that could be abused.
..and they would be.

Then you have the actual definitions of what is each type of coin.
A grey area would be hit a lot causing more drama.

Really we are stuck with how things are.

The only thing i see changing the Altcoin landscape is tough govt regulations that cause arrests.
That would curb a lot of the bullshit..

Otherwise it's business as usual.. shit'coining for profitz.
You all make money off them and so they are created.
Defining one ?
Unless you can crack open Butters head and analyze his brain and see proof of intent we have to speculate.
In other words was a major factor in the development of Ethereum for profits on Exchanges ?
Is that a major reason why it was created ? If so ? yes it is in fact a scam.
Coins created for fun or profit are scammy.

Currencies are not a joke and they are not to be created simply for trading on Poloniex either.
I have long said i would reconsider if we have some tough regulations sort of like how there is in the stock markets.

These are not penny stocks or businesses or even decentralized currencies.
When you put shit on Github or Poloniex or Cryptsy or Coinbase or hell even this very forum you are now US govt compliant.. there is no way to chant free market anymore then people.
Game Over.
And since they are all ICO's or another variant of premining bullshit they are in no way decentralized.
And the penny stocks idea is bullshit because there is no laws governing them.
Who in Crypto is our Martha Stewart arrested for insider trading ?

These are not businesses either..
They are scammy greedy name changing shady little assholes hoping to make a buck who keep pumping out "Schemes" for profit.
They mod a coin base slap on some new graphics and if your real lucky get a new gimmick.

It's a farce.

If you all want this charade to improve you are unfortunately going to have to embrace legal regulations for crypto.
When i started i was 100% against this idea.. i too was rebellious and chanted free market.
But look around people..
Through out all of human history if we are given the freedom to ruin something.. we do.
This is why laws are created.
Someone had to go and make a law saying hey, doing bad things are bad.

I have had a hard time reading threw the section for about a year now. Many of the big projects don't even have Ann threads going.

We should make 2 sections :

- New coin, for all the new announcement.
- Old coin, for the announcement that are older than 3 months for example.

The threads would be moved from one to another automatically based on their date.
Optionally we could have a third one named trash for thread without a new message in 1 month.

With that you could follow what is happening in the good old coin without being bothered with the new crap.
And that will leave some visibility to the new ones without being overwhelmed by all the discussion in the old ones.

Auto lock after 90days as well would be nice!

Good ideas, have you checked out the beta BCT site yet?  Wondering if we will see something like this.

some recreate new announcement threads each time they have something "big" like ICO/mandatory updates/forks/...,
so a new >< old separation would probably just encourage that behaviour IMO

Good old times are gone. Now every new alt announcement is either an ICO/ICO scam or scam abandoned by dev after few days when he dumped to make 0.3BTC. In the past you could get lucky and make x10-50 when there was a pump.

kinda self-revealing no?  :D

Lame clones, shills, pumpers, bots, discussions worth as dog shit, 12 old kids investing their 10 dollars and polluting threads with crap

if you are using bitcointalk for investing research you are doing crypto really wrong

i just come here for the LOL and to check if finally somebody made Zdoge

If they have something new to offer other than the usual shit coins and scam coins yes of course but as we all can see this board has become a place only for those kind of coins sadly.

It's not that "this board become a place for shitty altcoins" it is more like more and more worthless coins are created because it is extremely easy to do so.
That is why we have flood of useless or  cloned concepts with slightly changed specifications, it is not because of 'this board' exists. No one can moderate creation of new alts.

Perhaps a sticky thread should be added to link some ICO-list websites, quick to browse if checking in a hurry (in case newbies are not aware of them).

Yet someone ideally would create a page, summary thread, or something also as conveniently listing new coins with no ICOs.  For instance, PascalCoin has been interesting, and it has mining with no ICO.

As a newbie like me they are very interesting,but the sections is very flooded i don't know who got the best features,you are right,there should be a category for all of this,for newbies like me who wants to examine and compare each coins algo.

It's hilarious to read those announcements. Those guys either have nothing to do or they are crypto junkies. Common since nothing in there nis worth anything. Just a playground for children.

I like it better if the mods just leave it alone. Why would you want them to waste their time in sorting and classifying all the scams that are posted over there?

If you argue that not all of them are scams or most likely to scam then please post the cryptocoins that you think are legitimate. The closest thing to a project that is not a scamcoin for me is ETC. But their developers could still be in a state of mind that they could make a difference, when they are really scamming the people or themselves.

I don't really look into Announcements (Altcoins) forums because it is full of titles with a lot of keywords. If I am going to look for a new Altcoin to invest, I will probably visit https://coinmarketcap.com/ or any other crypto listing website which allows user to sort the list based on their interest.

If Bitcointalk want to keep up with the pace, I really think they should take in your suggestion (or a modified one) like how they did for the Investor-based games and Micro Earning forums.

Oh dear god, no.  I have that whole section on ignore (probably like a lot of you), and it's working out just fine.  They are all pretty much crap.  I think most of those announcements are just copy/pasted from previous ones (just like the actual coins are).  And they're all designed to steal your money.  Why would I waste a minute of my time there?  I don't.

Only ICOs.

It's all just a battle of Bag holding shills bullshitting the crowd for profits.

ALL OF THIS SHIT is just a transparent obvious little game for .. attention (that equals money)

You know that right ?

Well.. momentum sways and right now it's not working and the idiots are getting desperate.
You all flushed crypto down the toilet long ago.. so it will be sinking so come to terms with it.

When i registered the Altcoin scene was a joke.
It was embarrassing to admit you were involved with it.
..now ?

Holy shit-snapples !  :o

What a fucking shit show this has evolved into.
With an equal amount of battling shill noob accounts sent here to deny it ..for bucks $$$

Really it has almost nothing to do with "coins"
Its about battling for web attention all for one single purpose.

Can you and your shitcoin bullshit convince the dregs of crypto-society that they will profit from XYZ shitcoin ?
Yes ? Then you win Crypto.. game over.

NOTHING else matters.. that is ALL this shit is .

Altcoin section ? Irrelevant.
Clearly the only thing that matters is following what is hyped.. AKA the flavor of the month coin.
BECAUSE THAT IS WHERE THE............ profits are.

..you don't need the ANN section to see what is hyped up by manipulators.  ::)

Maybe play the lottery.. you would actually have a chance at winning vs this rigged predictable immoral game.

I maybe a full member but I'm still get lost with all these different coin algos,but this decision is up to the owner and moderators of this forum and it will take them a whole lot fo time to categorize each of them over thousands of coins are now in the altcoin announcement.

"Announcements" gets at least 10 times more views than "Altcoin Discussion"...
It's where all the Alt action is... and how you make or lose money in Alts (the Top 20 are mostly bubbles).

"I still get lost", ya man...
It takes an engineer level of expertise and 2-3 years Alt experience to sort out the scams and compile, mine, buy the ones with potential...
And you have to diversify, diversify, diversify and know when to sell at a loss (right now, do you baghold AMP for 6 months?)...
Just like you need a lot of expertise in geology/mining to invest in junior gold stocks (of which 90% are scams).  

That probably explains a lot about the Altcoin market and the mentality of investors, actually.
Everyone is looking for the hot new thing, a way to make a quick buck by mining a new coin and dumping it on the exchanges.
Almost none of the new projects actually have any long-term investment potential. Just a quick pump and dump, then move on to the next coin.