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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: CryptoBernanke on May 01, 2013, 08:33:26 AM



Title: Cryptocurrencies created the same day they are announced are a scam
Post by: CryptoBernanke on May 01, 2013, 08:33:26 AM
This includes Feathercoin, Bytecoin and a lot more



Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: live627 on May 01, 2013, 08:35:12 AM
explain


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: Yurizhai on May 01, 2013, 08:36:19 AM
You don't know what the word scam means.


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: perhan007 on May 01, 2013, 08:37:33 AM
This includes Feathercoin, Bytecoin and a lot more



The whole economy is a scam! They sell at higher prices than they buy, they should all go to jail!


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: live627 on May 01, 2013, 08:44:03 AM
You don't know what the word scam means.
So a pump and dummp scheme is a scam?


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: hdclover on May 01, 2013, 08:45:39 AM
money from thin air is a scam


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: Liquid on May 01, 2013, 08:50:08 AM
"A scam or confidence trick is an attempt to defraud a person or group by gaining their confidence." - Wikipedia


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: live627 on May 01, 2013, 08:50:26 AM
money from thin air is a scam
QE1 and 2 were scams then.?


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: UKMark on May 01, 2013, 08:53:58 AM
money from thin air is a scam

....So all money is a scam???
As I can never recall the likes of Stephen Hawking ever mentioning it as being part of the BIG Bang! Theory ;D ;D ;D ;D ;D ;D ;D


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: emuLOAD on May 01, 2013, 08:56:35 AM
well.. now we could debate that for hours i fear ;)

Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers.

They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way.


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: UKMark on May 01, 2013, 09:16:51 AM
well.. now we could debate that for hours i fear ;)

Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers.

They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way.

I agree! Crappy clones are crappy clones.
On the other hand add a devoted Development team that produce things that work from the off and then continue with their support and people will start believing & seeing for themselves that there are a hell of a lot of Crappyclones out there.
As with everything, only time will tell.


Title: Re: Cryptocurrencies created the same day they are announced are a scam
Post by: wingding on May 01, 2013, 11:48:07 AM
This includes Feathercoin, Bytecoin and a lot more

You mean it should be created first, mined only by a small group for some years, then be widely announced? Hmm..what coin could that be?