|
Title: Don't be a hypocrite Post by: just_me on August 21, 2013, 06:44:26 AM And perhaps consider not buying hypocrite coins either. What am I talking about? Well, I have read lots of slander going on, on these forums about premined coins, but the people who are slandering the 'premined' coins also support and buy and sell bitcoins. Bitcoins are a premine. Therefore anyone who buys and sells and supports bitcoins, and goes around slandering coins with premine, is a hypocrite. And I want you to consider not buying hypocrite coins then ok. Good day. Title: Re: Don't be a hypocrite Post by: vinne81 on August 21, 2013, 06:45:23 AM Whatever, let people do way they want
Title: Re: Don't be a hypocrite Post by: just_me on August 21, 2013, 06:51:57 AM Whatever, let people do way they want Hypocrites leading new-comers astray by slanderizing premined coins, and new-comers then invest in non-preminted coins? But wait a minute, the new-comers who do that, then embark and join and become hypocrites themselves, because they likely bought bitcoins which was a premine..... That is why I am saying: Don't be a hypocrite. So whether you support a premine like bitcoins, or whether you support hypocricy, its up to you, and I agree let people do what they want. After all, its their money, isn't it. Therefore, don't slander the premines and fool the new-comers into thinking that premine is so terrible when in fact bitcoins is a premine. You just turn the newcomers into hypocrites. Don't be a hypocrite. Title: Re: Don't be a hypocrite Post by: Lethn on August 21, 2013, 07:01:09 AM Peoples opinions do change all the time and they gain a new perspective on things but I have to agree and I'm glad I'm not the only one who noticed the attacks against pre-mined coins ( They're probably doing it to lower the price I suspect :P ) Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that
Title: Re: Don't be a hypocrite Post by: Oldminer on August 21, 2013, 07:16:22 AM Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that fact. Sshhhh...dont mention that around here..you'll get yourself banned.. ;) Personally, looking at a lot of the later coin releases, I think many of the pre-mined coins are generally more attractive than the one's that arent. Title: Re: Don't be a hypocrite Post by: Lethn on August 21, 2013, 07:22:20 AM I just ignore it really, the ones that are updated regularly and have developers talking to people are the ones that are going to rise in value in my opinion, no one wants to use a wallet that goes out of sync for no reason or has error messages on it because the creator hasn't properly edited the code and LOL Oldminer. On other forums it usually takes me about five seconds of posting before I got warned by a moderator so if I haven't been banned after all this time I doubt I'll be banned now :P.
Title: Re: Don't be a hypocrite Post by: LittleDigger on August 21, 2013, 07:36:49 AM I just ignore it really, the ones that are updated regularly and have developers talking to people are the ones that are going to rise in value in my opinion, no one wants to use a wallet that goes out of sync for no reason or has error messages on it because the creator hasn't properly edited the code and LOL Oldminer. On other forums it usually takes me about five seconds of posting before I got warned by a moderator so if I haven't been banned after all this time I doubt I'll be banned now :P. I completely agree, I'm involved with a coin that was premined and then quickly abandoned by the "developer" when it didn't hit an exchange. But it does have potential and there been hard work put into it by a community, nobody is rushing it's development for profit but focusing on creating some quality, and it's network is growing... If anybody does different well, good luck to them.. Title: Re: Don't be a hypocrite Post by: iGotSpots on August 21, 2013, 07:41:53 AM And perhaps consider not buying hypocrite coins either. What am I talking about? Well, I have read lots of slander going on, on these forums about premined coins, but the people who are slandering the 'premined' coins also support and buy and sell bitcoins. Bitcoins are a premine. Therefore anyone who buys and sells and supports bitcoins, and goes around slandering coins with premine, is a hypocrite. And I want you to consider not buying hypocrite coins then ok. Good day. If you write a new code from scratch, feel free to premine it Title: Re: Don't be a hypocrite Post by: kelsey on August 21, 2013, 07:48:35 AM Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that fact. well its actually not a fact. Title: Re: Don't be a hypocrite Post by: Lethn on August 21, 2013, 07:50:32 AM Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that fact. well its actually not a fact. >_< Damnit :( not on the ball today, should have googled it first :P I know he did pre-mine SOME Bitcoins though :P or am I going to be wrong about that too? 1 million must have been this random figure thrown around :S I know he at least had to mine the genesis block. Title: Re: Don't be a hypocrite Post by: Buffer Overflow on August 21, 2013, 08:02:11 AM Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that fact. *facepalm* for not doing some simple blockchain analysis. Title: Re: Don't be a hypocrite Post by: DeathAndTaxes on August 21, 2013, 08:08:55 AM Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that fact. well its actually not a fact. >_< Damnit :( not on the ball today, should have googled it first :P I know he did pre-mine SOME Bitcoins though :P or am I going to be wrong about that too? 1 million must have been this random figure thrown around :S I know he at least had to mine the genesis block. Nope. The only "premined" block is the genesis block and it is unspendable. Title: Re: Don't be a hypocrite Post by: Buffer Overflow on August 21, 2013, 08:38:50 AM Hypocrites leading new-comers astray by slanderizing premined coins, and new-comers then invest in non-preminted coins? But wait a minute, the new-comers who do that, then embark and join and become hypocrites themselves, because they likely bought bitcoins which was a premine..... That is why I am saying: Don't be a hypocrite. So whether you support a premine like bitcoins, or whether you support hypocricy, its up to you, and I agree let people do what they want. After all, its their money, isn't it. Therefore, don't slander the premines and fool the new-comers into thinking that premine is so terrible when in fact bitcoins is a premine. You just turn the newcomers into hypocrites. Don't be a hypocrite. *Chuckle*, your funny. Giving everyone a lecture droning on about slandering coins, yet decide to cook up some slanderous lies yourself about Bitcoin being premined. LOL :D Hypercritical indeed. Maybe you should practise what you preach... Title: Re: Don't be a hypocrite Post by: Lethn on August 21, 2013, 08:54:33 AM Not a lie I made up but clearly a lie I managed to pick up off stupid articles :P at least I admit when I'm wrong though.
Title: Re: Don't be a hypocrite Post by: Loki8 on August 21, 2013, 09:08:08 AM Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that fact. Satoshi created the bitcoin, he didn't create shit with a copycat coin. It's the main difference ! Only innovation should be rewarded. Title: Re: Don't be a hypocrite Post by: Hfleer on August 21, 2013, 10:39:09 AM And perhaps consider not buying hypocrite coins either. What am I talking about? Well, I have read lots of slander going on, on these forums about premined coins, but the people who are slandering the 'premined' coins also support and buy and sell bitcoins. Bitcoins are a premine. Therefore anyone who buys and sells and supports bitcoins, and goes around slandering coins with premine, is a hypocrite. And I want you to consider not buying hypocrite coins then ok. Good day. There's altogether too much whining about pre-mining. The first thing to think about is that most of those alt-coins are useless. Title: Re: Don't be a hypocrite Post by: eule on August 21, 2013, 10:46:36 AM I don't care about a reasonable premine if the coin has new features that show the dev put some work into it.
Title: Re: Don't be a hypocrite Post by: bybitcoin on August 21, 2013, 04:44:04 PM The only ones complaining and whining about premine are the well known troll-face bump and dump miners.. they believe their machine working calmly in dark for few hours at initial days of a coin launch should be more rewarded than the whole effort of a coin creator.
But the main point for general users, who are the blood of life cycle for a new coin, is that the coin got improvement by more advanced features while security is still kept high and reliable. Then they start to use it in their everyday life and the coin will survive and then flourish.. The moral conclusion is that let's this worm-like pump and dumpers say whatever they would, you can't stop these trolls, do what you think is correct! Title: Re: Don't be a hypocrite Post by: r3wt on August 21, 2013, 05:46:34 PM by the time bitcoin was adopted, satoshi had solomined well over 5 million coins, though initially he only mined 500,000 prior to launch. for whatever reason, he was mocked and laughed at and by the time it was adopted, he was a bitmillionaire. times have changed though. you can premine, but keep it reasonable
Title: Re: Don't be a hypocrite Post by: Lauda on August 21, 2013, 06:04:09 PM Since all of these copycoin creators deserve to earn money for their "hard" work.. Satoshi invented something new, that's why he deserves it, premined or not. 8)
Title: Re: Don't be a hypocrite Post by: DeathAndTaxes on August 21, 2013, 06:24:44 PM he only mined 500,000 prior to launch. The above is a fan fiction. It should not be confused with reality. Title: Re: Don't be a hypocrite Post by: Buffer Overflow on August 21, 2013, 06:42:02 PM initially he only mined 500,000 prior to launch. Where's this false rumour sprung up from now? Who starts this rubbish? Title: Re: Don't be a hypocrite Post by: r3wt on August 21, 2013, 07:03:48 PM he only mined 500,000 prior to launch. The above is a fan fiction. It should not be confused with reality. then how much did he really premine, if any? Title: Re: Don't be a hypocrite Post by: DeathAndTaxes on August 21, 2013, 07:09:49 PM he only mined 500,000 prior to launch. The above is a fan fiction. It should not be confused with reality. then how much did he really premine, if any? 0. The genesis block has the quote proving the date and the dates of public code release and blockchain timestamps support that. In the first year Bitcoin wasn't very popular. More people "could" have mined it most simply didn't. Satoshi got a lot of flak about his system being unworkable in the early days. Many who knew likely didn't mine because it seemed stupid. BTW Hal Finney IIRC reports mining one of the very early blocks ( I mined block 70-something Say I launch an alt-coin today. Full source code, compiled binaries, no premine (even genesis block unspendable), high starting difficulty so early blocks take LONGER (about 20-30 minutes per block due to low hashing power). Now say most people ignore it because they think the idea is stupid and can't work. If it became popular a year later would you accuse me of "premining" it because others couldn't be bothered to download the client and try it? The claims of a pre-mine are never supported. They are just slander to provide moral equivalence for those that do. Title: Re: Don't be a hypocrite Post by: defaced on August 21, 2013, 07:32:19 PM he only mined 500,000 prior to launch. The above is a fan fiction. It should not be confused with reality. then how much did he really premine, if any? 0. The genesis block has the quote proving the date and the dates of public code release and blockchain timestamps support that. In the first year Bitcoin wasn't very popular. More people "could" have mined it most simply didn't. Satoshi got a lot of flak about his system being unworkable in the early days. Many who knew likely didn't mine because it seemed stupid. BTW Hal Finney IIRC reports mining one of the very early blocks (like #200?). Say I launch an alt-coin today. Full source code, compiled binaries, no premine (even genesis block unspendable), high starting difficulty so early blocks take LONGER (about 20-30 minutes per block due to low hashing power). Now say most people ignore it because they think the idea is stupid and can't work. Now if it became popular a year later would you accuse me of "premining" the coin? The claims of a pre-mine are never supported. They are just slander to provide moral equivalence for those that do. This. Bitcoin wasnt premined. The blockchain is public. Title: Re: Don't be a hypocrite Post by: millsdmb on August 21, 2013, 07:35:14 PM And perhaps consider not buying hypocrite coins either. What am I talking about? Well, I have read lots of slander going on, on these forums about premined coins, but the people who are slandering the 'premined' coins also support and buy and sell bitcoins. Bitcoins are a premine. Therefore anyone who buys and sells and supports bitcoins, and goes around slandering coins with premine, is a hypocrite. And I want you to consider not buying hypocrite coins then ok. Good day. If you write a new code from scratch, feel free to premine it and hope it turns into a bitcoin, or your premine is worth nothing. Title: Re: Don't be a hypocrite Post by: Buffer Overflow on August 21, 2013, 07:40:29 PM OP seems to of gone very quiet. :D
Title: Re: Don't be a hypocrite Post by: Lethn on August 21, 2013, 07:41:24 PM Some people have lives and timezones to deal with you know :P
Title: Re: Don't be a hypocrite Post by: Buffer Overflow on August 21, 2013, 07:45:25 PM Some people have lives and timezones to deal with you know :P This is true of course. Also don't forget, OP being shot down in flames, I can't imagine he has much to say. Title: Re: Don't be a hypocrite Post by: overseer470 on August 21, 2013, 07:48:11 PM "oh no, someone has some coins and i don't, boohoo"
Title: Re: Don't be a hypocrite Post by: jackjack on August 21, 2013, 08:09:15 PM What the hell is going on here?
Can I play too? I have proofs that Satoshi premined 5 millions of BTC Some even say he premined 10.4 millions but they don't have proofs Title: Re: Don't be a hypocrite Post by: 21stcenturymoney on August 21, 2013, 08:10:29 PM Title: Re: Don't be a hypocrite Post by: 21stcenturymoney on August 21, 2013, 08:14:37 PM Satoshi pre-mined a million coins before he/she released Bitcoin and the people who go after pre-mined coins completely ignore that fact. I would say the fact gets ignored because it is false. Title: Re: Don't be a hypocrite Post by: Lethn on August 21, 2013, 08:35:53 PM lol :P I've crossed out the fact so people stop commenting on me saying that :D
Title: Re: Don't be a hypocrite Post by: Loki8 on August 21, 2013, 08:55:54 PM Everybody knows Satoshi (pre)mined millions btc but it's his business, he invented something like Bill Gates with Microsoft, Steve Jobs with Apple or Mark Zuckerberg with Facebook.
Satoshi is now multi-Millionaire and I pretty sure that he doesn't care about bitcoin anymore... Title: Re: Don't be a hypocrite Post by: jackjack on August 21, 2013, 08:59:27 PM I pretty sure that he doesn't care about bitcoin anymore... Yeah, surelyTitle: Re: Don't be a hypocrite Post by: jackjack on August 21, 2013, 09:14:21 PM And perhaps consider not buying hypocrite coins either. What am I talking about? Well, I have read lots of slander going on, on these forums about premined coins, but the people who are slandering the 'premined' coins also support and buy and sell bitcoins. Bitcoins are a premine. Therefore anyone who buys and sells and supports bitcoins, and goes around slandering coins with premine, is a hypocrite. And I want you to consider not buying hypocrite coins then ok. Good day. First, Bitcoin was not premined. The only block that was mined before release was the genesis block, and those coins are unspendable. Just because there wasn't a million profit chasers with GPU farms ready to jump on it doesn't mean it was premined. Just to let you guys know what an idiot the OP is, you should know he posted a Bitcoin mainnet address on a testnet giveaway. I know this because those are the only people in my ignore list. OP is indeed a pretty stupid person. Check his posts. Title: Re: Don't be a hypocrite Post by: DeathAndTaxes on August 21, 2013, 09:36:16 PM Everybody knows Satoshi (pre)mined millions btc but it's his business, he invented something like Bill Gates with Microsoft, Steve Jobs with Apple or Mark Zuckerberg with Facebook. Still false even though I liked how you try to spin it as good thing. Title: Re: Don't be a hypocrite Post by: Loki8 on August 21, 2013, 09:55:40 PM Everybody knows Satoshi (pre)mined millions btc but it's his business, he invented something like Bill Gates with Microsoft, Steve Jobs with Apple or Mark Zuckerberg with Facebook. Still false even though I liked how you try to spin it as good thing. Satoshi mined more than 1M BTC or 100M USD at current change from 1/3/2009 to 1/25/2010 (block 0 to block 36288). This assumption is based on the Total Network Strength (Mhash/s) that was constant at 7 Mhash/s for this period of time. https://spreadsheets.google.com/spreadsheet/pub?hl=en&key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc&hl=en&gid=0 Title: Re: Don't be a hypocrite Post by: DeathAndTaxes on August 21, 2013, 09:57:35 PM Everybody knows Satoshi (pre)mined millions btc but it's his business, he invented something like Bill Gates with Microsoft, Steve Jobs with Apple or Mark Zuckerberg with Facebook. Still false even though I liked how you try to spin it as good thing. Satoshi mined more than 1M BTC or 100M USD at current change from 1/3/2009 to 1/25/2010 (block 0 to block 36288). This assumption is based on the Total Network Strength (Mhash/s) that was constant at 7 Mhash/s for this period of time. https://spreadsheets.google.com/spreadsheet/pub?hl=en&key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc&hl=en&gid=0 Which isn't a premine. The topic wasn't "is it ok for developers to mine their own coin after launch" if it was then Satoshi post launch activities might be relevent. Still you knew it wasn't a premine yet included the (pre) anyways. It is false anyway you try to spin it. Title: Re: Don't be a hypocrite Post by: Buffer Overflow on August 21, 2013, 10:05:00 PM Satoshi mined more than 1M BTC or 100M USD at current change from 1/3/2009 to 1/25/2010 (block 0 to block 36288). This assumption is based on the Total Network Strength (Mhash/s) that was constant at 7 Mhash/s for this period of time. Really what a lovely story, thanks for sharing. Anyway, let's not get sidetracked. Let's get back on the topic of pre-mining..., (which your story had no relevance to.) Title: Re: Don't be a hypocrite Post by: Loki8 on August 21, 2013, 10:20:08 PM Everybody knows Satoshi (pre)mined millions btc but it's his business, he invented something like Bill Gates with Microsoft, Steve Jobs with Apple or Mark Zuckerberg with Facebook. Still false even though I liked how you try to spin it as good thing. Satoshi mined more than 1M BTC or 100M USD at current change from 1/3/2009 to 1/25/2010 (block 0 to block 36288). This assumption is based on the Total Network Strength (Mhash/s) that was constant at 7 Mhash/s for this period of time. https://spreadsheets.google.com/spreadsheet/pub?hl=en&key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc&hl=en&gid=0 Which isn't a premine. The topic wasn't "is it ok for developers to mine their own coin after launch" if it was then Satoshi post launch activities might be relevent. Still including the (pre) is just false anyway you try to spin it. When Satoshi released the bitcoin software, he did not advertise, this forum didn't even exist yet. I follow tech news a lot and I didn't even know a project like this was in the works. If I launch my own coin without announcement on this website, do you consider I would mine fairly? Title: Re: Don't be a hypocrite Post by: ToxicDartFrog on August 22, 2013, 03:32:00 AM Title: Re: Don't be a hypocrite Post by: Lauda on August 22, 2013, 10:54:23 AM Say I launch an alt-coin today. Full source code, compiled binaries, no premine (even genesis block unspendable), high starting difficulty so early blocks take LONGER (about 20-30 minutes per block due to low hashing power). Now say most people ignore it because they think the idea is stupid and can't work. If it became popular a year later would you accuse me of "premining" it because others couldn't be bothered to download the client and try it? This. The claims of a pre-mine are never supported. They are just slander to provide moral equivalence for those that do. Stop trying to scam with your premine coins and try to make it look like the right thing to do. Title: Re: Don't be a hypocrite Post by: DeathAndTaxes on August 23, 2013, 05:42:08 PM When Satoshi released the bitcoin software, he did not advertise, this forum didn't even exist yet. I follow tech news a lot and I didn't even know a project like this was in the works. If I launch my own coin without announcement on this website, do you consider I would mine fairly? The site didn't exist the project began in a place where it would find possible supporters a cryptography newsgroup. He wrote and published the white paper nearly a year before the launch and was active on the newsgroups both before and after the launch. If you launched something under similar circumstances yes I would say you launched it fairly. I would also point out with a high difficulty getting in on day one was really that important. This is different than launching something with a difficulty of zero so that the equivalent of 200 days worth of blocks are mined in the first fourty eight hours. That isn't fair regardless of if it is advertised here or not. Title: Re: Don't be a hypocrite Post by: kelsey on August 25, 2013, 01:41:31 PM If I launch my own coin without announcement on this website, do you consider I would mine fairly? may surprise you but btt is hardly the center of the crypto world, or cyber currencies, just the center of the crypto scamcoin world. Title: Re: Don't be a hypocrite Post by: just_me on September 03, 2013, 12:25:32 AM Wow, this topic really is popular. I thank you very much to people who kindly supported my reasoning. I am glad I am not the only one. Title: Re: Don't be a hypocrite Post by: 01BTC10 on September 03, 2013, 12:31:32 AM Even if Satoshi bought publicity with all major agency about no one would have mined when Bitcoin value was ~0. He did not start this project with the goal to become an instant millionaire like most alt-coin since then. Some peoples are passionate about a subject and become rich as a side effect.
Title: Re: Don't be a hypocrite Post by: just_me on September 03, 2013, 02:26:12 AM Even if Satoshi bought publicity with all major agency about no one would have mined when Bitcoin value was ~0. He did not start this project with the goal to become an instant millionaire like most alt-coin since then. Some peoples are passionate about a subject and become rich as a side effect. I also believe that people need to show regards for other people, or treat others the way you would be treated yourself. Title: Re: Don't be a hypocrite Post by: just_me on September 03, 2013, 03:01:44 AM It only makes sense to have a limited and controlled premine, so that the persons doing all the work for the coin have somewhat to pay them for their hard work. Title: Re: Don't be a hypocrite Post by: jackjack on September 03, 2013, 06:27:19 AM I say shit and I know it Smart people don't buy your bullshit Title: Re: Don't be a hypocrite Post by: 2Kool4Skewl on September 03, 2013, 06:35:13 AM Everybody knows Satoshi (pre)mined millions btc but it's his business, he invented something like Bill Gates with Microsoft, Steve Jobs with Apple or Mark Zuckerberg with Facebook. The Winklevoss brothers created "Facebook". Zuckerberg is a thief. Title: Re: Don't be a hypocrite Post by: Lauda on September 03, 2013, 03:45:38 PM Everybody knows Satoshi (pre)mined millions btc but it's his business, he invented something like Bill Gates with Microsoft, Steve Jobs with Apple or Mark Zuckerberg with Facebook. The Winklevoss brothers created "Facebook". Zuckerberg is a thief. and yes, you're right. Title: Re: Don't be a hypocrite Post by: DeathAndTaxes on September 03, 2013, 03:54:33 PM didn't Gates also buy the first OS from someone for a very small amount of $? Theoretically stealing the idea? Um buying isn't stealing. Did all the people who bought Bitcoins for $0.01 "steal" them from the people who voluntarily decided to sell them at that price? I am pretty sure even Gates had no idea how big Microsoft would eventually get. The seller could have accepted (highly risky) equity in the startup instead. Title: Re: Don't be a hypocrite Post by: Lauda on September 03, 2013, 04:30:00 PM didn't Gates also buy the first OS from someone for a very small amount of $? Theoretically stealing the idea? Um buying isn't stealing. Did all the people who bought Bitcoins for $0.01 "steal" them from the people who voluntarily decided to sell them at that price? I am pretty sure even Gates had no idea how big Microsoft would eventually get. The seller could have accepted (highly risky) equity in the startup instead. You're right. Anyhow, Satoshi deserved his coins, and maybe a few other altcoin developers too (@POS developer), but 99% of the others don't. I could just go and create a new coin within a few hours, fork an exsisting one and change a few things. That is a lot of hard work, one deserves to get rewarded for it.. not. Title: Re: Don't be a hypocrite Post by: Balthazar on September 03, 2013, 04:57:12 PM I have to remind that being a hypocrite could be harmful for health.
http://www.youtube.com/watch?v=YX7tbhK7WRs ;D Title: Re: Don't be a hypocrite Post by: pikeadz on September 03, 2013, 06:28:44 PM you're not the boss of me.
Title: Re: Don't be a hypocrite Post by: Lauda on September 03, 2013, 08:48:27 PM you're not the boss of me. Yes I am. - NSA. |
