Bitcoin Forum

The crypto community is growing ever more weary of these con artist, shitcoin pushin newb devs and their spambots/puppets/shills. (can you tell that I'm pissed ?)

They are destroying the crypto community's reputation/ public image. So what can we do about it ?

How will the alts with genuine potential ever become noticed if we do not demand that these changes be made ?

If this was up to me, the bar would be set to "Hero Member". ;)

Lets hear your say ! VOTE NOWWW !

RULES:
1 In an effort to ensure the poll's accuracy, I am going to ask that you post at least a simple "yes/no/+/-", along with your actual vote.
2 There will be two final tallys. eg. votes and posts will be counted seperately and compared

Thank you, in advance, for participating. :)

pEACe

HT xD

EDIT II

New options have been added. The poll will be reset. :)

Poll 1 results
voted - 17 YES, 8 NO
posted - 3 YES, 3 NO

Poll 2 is ongoing.

Duration : TBD

Why discriminate if people want to stay anonymous with new development?

That is a very good question.

So where do we draw the line ?

Picture 2 ANN thread sub sections. One for the newbs.. one for the established/ reputable members.

Who do you think the public will trust with their hashpower/investment ?

Older members are generally more trusted and have a reputation so people can see what they have done. So I agree older members are generally more trusted.

yes, so people can see who is actually making shit coins

Voted no, and believe me I'm just as pissed and frustrated for a variety of reasons. We just have to let people make their own decisions or what's the point unfortunately.

I think this rule somehow implies that all reliable developers are long-time bitcointalk members - which is pretty far from the truth.

It still amazes me that people are naming businesses after this forum's founder after he abandoned Bitcoin during its greatest hour of need and vanished into thin air with over 1 million bitcoins.

https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=0

The real unfortunate part is when we lose people who gave up searching (thanks to lack of trust), for "the coin", by the time they get to page 2 of the sub section.

Kinda like the way I gave up when I didn't trust Bitcoin almost 3 years ago. 2 BSODs .. " F that ! Its a scam/ spyware !! :o " .. I deleted it, reformatted and forgot about BTC until Oct 2012.

I coulda.. shoulda.. woulda.. retired at a very young age off of this budget rig... ::)
http://valid.canardpc.com/show_oc.php?id=1847770

Those with talent and innovation will easily stand out.

The current rule impies that everyone can be a reliable developer.

Nnnnext question ! :D


I guess you could say that Mr. Nakamoto set the precident. eg the first ever Newbie Crypto Dev :P

CMON ! Thats it ?

Has cryptoland really gone down that shittycoin slippery slope ?

.Barring them is too much but having an ANN thread for new members and an ANN thread for full members would be a good approach.  Doesn't stop scams but would filter out real garbage down to the new member ANN.  Forum is almost useless now for research, too much crud to wade through to find good stuff.  Coins that might be real deal like XC (the jury is still out) get buried by reeking turds such as Shibecoin, etc.

+1 minairia3

That aspect did not occur to me until after I posted this thread. 2 new options have been added.

I'm standing firm on my YES because I know that 99% of these shit stains are cloned by the same greedy scammers (and the exchanges behind them).

The OP has been updated. :)

Ah shit. I wanted to vote yes, selected the wrong option and noticed my mistake after voting. So yeah, I vote that they should be banned from that section. I still believe that the newbie jail has to come back, but I doubt that that will ever happen.

Here here.  Can you add "Regret not mining the shit out of BTC in 2011" to the poll?  

does not matter really but should follow this code




Premine have to be held by escrow level members and given over to the dev gradually for continued support.

instamine have to be stopped... fair launch protocol to be folllowed.

These devs only spunk out 5 new coins a day because they know they get to sell their instamines and premines on the exchanges at once now, take that away and you will see very few coins released.

Good idea, but what if escrow level member dies/disappears/loses access to all wallets?  It needs to be built into the code.  0.125% instantly available to dev, 0.125% available after 6 months, 0.15% to bounty fund with public transactions for all bounties.

yes

If the response this thread gets warrants it, we'll set up a petition.



lolz.. I would but that requires another reset.

Another good one would be, "I gave up mining LTC because the 15-25 coins per day earned by my 300 khash gpu... wasn't worth it." :P



None of that would be neccessary if we avoided premines all together. :)

In other words... corporate welfare is for FIATheads. ;D

bump :)

Ok..  since no one seems to give a crap about this... will someone plzz link me up with a crypto that is free of brown stains and smears. :P

I voted Yes even though I voted myself out of being able to create an ANN. That should tell you somthing...

Yes, I agree.  I like altcoins, but many of them are just spam.

Im agree with this. It must be a privilege like the signature and profile things. There are people creating new user every day to ann fake o scam coins over and over again.

I like the idea of control over the matter. Glad to see this is something that is being looked over and evaluated by the community.

Maybe this will slow the rate of launches down. If you're out of the scene for a couple of days literally you're lost. Maybe a ban will also prevent puppet accounts - we all know some of these coins are developed by the same person, you know.

This is something what WE need in AltCoins!!!

I told about some restrictions XXX times... Why We need this?

- 0 Activity post and New coin with SUPER EXTRA HYPER ALGO ble ble ble... and inside wallet suprise virus.exe :D
- Investors loosing money here 0.1 btc here 0.1 etc etc.
- Exchanges full of shit coins with 0.00001 BTC volume
- Coins which You can not trade for BTC ( cuz of amount)
-
Why this will not help?

- People wil lmake accounts earlier make some posts ( usually ANTY OTHER COIN r. Spreading FUD)
- They will buy users accounts
- They will rent users to creat accounts


My idea:

- New altcoin owner should explain and show Moderator/Admin his BTC or Fiat balance - This should prevent NO INVEST COINs... ( i mean coins which are 100% copy&paste)

Where is problem?

We don´t know who is behind... and if there is 1 group behind most of this coins? If They are woners of some exchanges? or if They are working together? ( Like MT.gox bot?) What if "POS" coins are fakes? and We are mining another coins and we get paid less? What if there is/are group/s with good amount of btc and They manipulate all this market? We good know that it is posible... Where are BTC from SK? from "Hacked exchanges"? From other sites closed due to bad activity etc etc? What if Exchanges owners are editing codes and We don´t see exact price? what if They are dumping/pumping coins? There is a lot of other problems but i will left them for my speculations :=) I´m just waiting for next "popular sector of coins"


summary:

https://i.imgur.com/rVEvyTx.jpg

huh? Couldn't find the reference in the link you listed...

Hmmm... CB post is interesting.

Altcoin creators could put up BTCX in escrow, putting money where mouth is. Coin must meet certain goals by certain time (and/or even a certain price on a basket of exchanges), maybe with a month after end date to resolve any issues escrow provider is unsatisfied with.

I doubt the scammers will go down that buy/rent forum accounts road because the demand would cause prices to sky rocket. Aside from that, these accounts will easily stand out after the dev's post history is examined.

Meh. They'd only have to convince us (actually 1 - who's prolly a sock puppet, and everyone else follow the lead) that they've been a way for  bit "developing" their new coin. We're just that desperate that we'd believe it. 

What do you mean ? "meh.."

Its more like YAY. :D

The forum's shitcoin alert level is at an all time high. Look around, many ANN threads are struggling to make it past 50 pages. (thanks in part to happy fun time shitcoin wackin trolls such as myself and a few other notables.) :D ;D ;D :D

Seems like implementing this wouldn't do much more than pump the sale price of full member accounts.

Curecoin.


I would say no - people make new accounts to be anonymous with their coin or market it better - you could make a separate section for them but then you are putting the majority of the scams in one place and removing a majority of the good ones which means most people would just ignore that section making it unfair for new developers.

It wouldnt be hard to post a Pre-ANN and build a report and show that they are serious about the coin and the community. This will in turn give the devs more time to prepare and offer more on launch

Yes and I think that if They put more effort etc They should care about coin not just left it...

I said 'Meh' because I think they would go would down that road to obtain seasoned accounts! Think about it... if they're restricted because of their newbie status, they'd actually try to get an established account to make themselves seem credible.

And anyway... what happened to the days when this community demanded shit like whitepapers and shit? Literally, they're throwing these coins out there so fast that they don't even have time to publish the block rewards and difficulty level and shit! 

So how about this... let's try to discourage them a lil too by patrolling the alt coin announcement section. Let's call out everything we see wrong with their coin/launch/strategy.

That will mostly accomplish nothing other than all the newbs and idiots calling you a troll or a FUDster.

Would be nice if it worked, but I doubt it would.

(Edit: I was a n00b not that long ago, and speaking from experience, I know that the excitement of mining a new coin, and "getting rich" would have outweighed your objections to the coin/launch/strategy - Just sayin'.)

In other words.. very few if any of these cloners will be willing to pay the high prices.


Curecoin ?! Been there .. trolled that... ::)

Its just more of the same corrupt insiders exploiting the well intentioned for a worthy cause/ false hope.



YUUP.. Devs with "wait and see" attitudes will not get very far. :)  EDIT   MOOOhhhAAAHHHAAA  aaaahahaa aaaa

;D

We should really check and see how many Altcoins were first announced by Members and above.

I think majority of the coins , even the ones that are larger today were announced by Newbies and Jr.Members.

As you can see I'm a Jr Member and I have voted Yes to banning newbies/Jr Members, I think 90% of newbies and Jr members don't know enough about virtual currency, and to be honest they don't need to what with all the "I will create your currency for you" threads in the services section.

It is dangerous for others to have newbies and other people creating coins they know nothing about really, people invest hard earned money into these coins, and most are run by people who don't have a clue what they are doing..
Cheers
Mark

To create thread for ANN you should be a higher than JR member
I say

Have you launched a coin lately? And you say your pissed? Man the coin I launched was covered up with a ton of hyped coins, and how does someone recover from a slow launch? It is not easy.
Attracting a community is a bitch, I feel lucky that a few have taken a chance with my project, but the damn thing is now it is just about a centralized coin riding on my personal effort's, not what i wanted.... but all the real decentralized currency supporters seem to be locked into old projects and new strictly anon type of projects, I associate my true identity with what I am doing, don't expect anyone else to but it seems to be a bad way to do things.
I get some crazy replies from exchanges like "not listing coins from unknown devs", haha, how can I not see right through that as scam exchange then? only known devs means you would have to be a part of their network I guess.
 

CB makes some good points, But restricting the free market is always a bad thing in my book, might I suggest a network that is against the scam artist's and can monitor and uncover what they do? Anybody know what that would cost? Maybe we need vigilantes,.
If I had been asked to disclose my fnances I am sure I would not have been approved to launch something that I felt was needed for my lifestyle, plus, meeting certain goals could be smashed by the next 'epic' coin and if success being determined by a lone person who weighs things according to their perspective, how do you choose that one person?
The scam coins do turn people off to crypto and that is what pisses me off the most, when one person is scammed over and over they become proponents against crypto and slander it to no end.

DougB62 trolling is effective and and is used as a major piece to good pump and dump schemes, FUD is harmful or would otherwise not have a name, but yeah.. mining a new coin brings excitement and can outweigh the negative comment's, but not if the comments and negative crap start's early.

If anyone pushes for changes it should be implemented in the new forum software, the newbie term should be dropped and a more professional approach could be taken, might have deterred me from starting on my alt mission.


Crypto Technology should not be limited to just the people that develop it, grocery merchants could use it as a coupon or points network that would help them to promote their business, making points transferable and exchangeable gives incentive for someone to earn them, as a start
There is nothing dangerous about newbies creating coins, the danger is investing in those coins, but the greater threat to someones investment is the scam coins run by the experienced scammers that appear again and again with the same tricks and the same avenues of performing the tricks.
So restricting free speech is a good thing?

Imho "Create a Jr. Member/ Newbie ANN subsection" is best alternative. Everyone should be able to announce his service. Restricting some users from announcing would cause some kind of censorship and filter information that may be actually usefull. E.g. Someone serious want to create account with his brand as name and then he is without ability to announce his service with this account until Member.

Create Jnr - Noob section

but have it on the front page and just under the original ANN -

but also put a picture of Ann on it -

it will never happen thats why i voted for it, but i like it how it is now as well.

the only reason i voted for that is because it won't stifle the great innovation that comes form these currencies.

No-one should be banned, that wouldn't work in anyone's favour. Skilled dev's who are recently new to crypto may have brilliant ideas which never see the light of day if they are banned from creating a coin. Similarly, some people may have been on the scene for some time, but a lack of posts deems them a newbie.

However, as a newbie myself, I for one have had ENOUGH of all these shit, scam clones that are destroying this community, this industry, economy, whatever you want to call it, it has to stop, I mean how much longer can it go on without it becoming seriously damaging to BTC? The average man in the street doesn't even know what BTC is, but he's about to be confronted with an onslaught of shitcoins that's going to make the whole of crypto look like a joke. There's been hardly any new money flowing in to the system for months, and I believe this is the main reason.

What will happen to the hundreds of cloned coins out there? Who knows, but I think inevitably some of them will be picked up by criminal gangs and used to trade for their chosen commodity, whatever it may be. Exchanges only care about volume, all the criminal wants is clean, safe profit. Crypto gives him exactly what he needs, fast global transfers in an un-regulated, tax-free system, with a high level of anonymity, he couldn't have designed it better if he tried.

Well, that's my rant over, I've been trying to troll scam threads into in-to the ground as I find them, for me the funniest, and most expensive I've found is Universalcoin.
By my reckoning they want a total of 20,000 BTC for their IPO. Is that some kind of record? Can we start a Hall of Shame to keep track of scumbags like these? Might be a good place to educate noobs on what to look out for when they consider new coins.   

I'm going to have to disagree with you here.
Satoshi collaborated with many professionals on his way to creating bitcoin. He also released a technical whitepaper that proved that it wasn't just smoke and mirrors. He had hard CODE to back up his claims.
The new shit thats coming out is simply copy/paste.
These people are paying .1 btc to have coingen.io generate crapcoins for them. They have no technical coding experience and can't contribute anything.



These forums definitely need some regulations and dont give me that crap about any regulation is bad (not directed at you).

Self-regulation/Community regulation is different. We can all agree on a set of standards (not laws). If some anonymous dickhole wants to go create a scam coin on some other site by all means. But we should hold ourselves to a higher esteem here as the original crypto forum.

There are several issues that need to be addressed and could be if people stopped being so fucking apathetic and lazy.

1. No self-moderated threads
There is no reason to allow people to DELETE discussions on their topics other than to manipulate the media and information surrounding the project. Discussion should be promoted, not cherry-picked to minimize the spread of negative information.

2. Minimum post count required to create threads in ANN section.
Lets say 50 is a safe amount, but this could even go so high as 100 without turning away many people.

3. Mandatory escrow for all new project IPO's
No exceptions. Legitimate projects/developers have nothing to fear. Tiered escrow or escrow payments can be negotiated with the community, but escrow should not be a optional choice.


If we just implemented these 3 easy steps, we could reduce and prevent 95% of all the scamming that is going on here and reduce the amount of coin spam. If we don't do something, we are always going to be seen as a fringe society of losers constantly scamming and being scammed.


I am willing to start a petition but I'm not sure that theymos would do anything about it even if we got 50,000 signatures.

Maybe a threat of a class-action lawsuit for knowingly allowing these scams and fraud to take place might change his mind.

I have personally reported a handful of scams to the mods without any help/support from them.
If you allow criminals to engage in illegal activity on your site knowingly, you are then liable for damages.

Most of these alt coins are scams in one way or another, but I'd say 99% of them are only created with one thing in mind: to make their devs money. The vast majority don't care about the coin or the future/long-term development of it, they only care about one thing: a quick profit for them. There's an easy way to put a stop to them or at least slow their growth and that is to just not bother with them. Any coin that has a Pre-mine should be instantly just left alone. Don't bother claiming your free 100 worthless crapcoins that are always going to be worthless, just ignore it and move on. Banning newbie accounts won't help much either. There are many easy ways around that.

I agree that with every one developing coins and with lots of scammers out there this is a problem to regulate crypto will go against every ting crypto stands for. When the first bank started back in who know when it was also with good intentions most likely and to protect people and look where that's ended up.

We should go it alone and create a miner's union/ trade block that will endorse/approve coins once they pass the smear test. A legit coin foundation, if you will. ;)

You know... the alt coin forum on this site was initially created as a means of filtering out all the various non BTC coins which there were less than a dozen at the time because Bitcoin readers didn't not want to have to sift through them to find Bitcoin relevant information.  the Alt thread became massive and finally to appease members they added sub forums because non BTC readers did not want to have to deal with all the ANN threads.

Now you want a newbie section like the main newbie section that is part of this Bitcoin forum.

So... at what point are you going to figure out that you need to create a separate and distinct website or altcoins with its own newbie section. 

Yes of course

We will adapt.

The shitcloners will be assimilated.

Resistance is futile.

:D

mysterious developer just makes for shadiness.

Absolutely without any doubt whatsoever this is a yes, but you cant silence them altogether becuase otherwise the amount of trolling/spamming will increase dramatically, as the bad eggs build accounts.

Whatever anyone says, it is too easy currently for scammers to go through the motions of churning out p&d shitcoins from new accounts named after those coins. Some have become very good at it - personally i dont believe there are that many scammers producing all of them.

A super-shitcoin thread will solve many of the problems but there will be exploitations to it. The onus should be on newbies with ideas to convince established members of the community to endorse their projects, posting an ANN on behalf of the project and in so doing staking their reputation.

Moreover - anyone found to be throwing out a premine pump and dump should have their IP permanently blacklisted (you should be able to find them by searching for ANN's started by inactive accounts), obviously they can use proxy/get a new one but anything which makes their lives harder is a step in the right direction as far as I see it.

I don't think that it's a good idea at all to bar newbs and Jr. from creating ANN threads. I seriously doubt Bitcoin would be where it is now without alt coins.
Alt coins play a vital role in increasing awareness and drawing new people to the crypto world. Unfortunately, you will always find scammers regardless of how tight your defenses are or how high you raise the bar. In the end it doesn't matter that there are a lot of 'shitcoins'. These coins have their communities, people who choose to believe in them and that's ok.
Everyone can choose which coin to invest in and I don't really see how 'shitcoins' in their small limited scope could possibly damage the reputation of cryptocurrencies. Not after MtGox anyway.
If a lot of people are pissed off about new ANN posts popping up all the time in the main section then just create a subsection for the newbs/Jr. I voted for that option.

You asked for it... and Bring back the Noobie jail!

http://magnetica.ru/gallery/wp-content/uploads/necromancer.jpg

Since someone brought this back from the necro dead by request
Voted YES but on the condition they have to get whitelisted first
(Sort of related to the newbie jail)

I voted for Create a Jr. Member/ Newbie ANN subsection.

I have decided to recind my "yes" vote and close this poll and thread, due to the following reason :

https://bitcointalk.org/index.php?topic=879237.msg9815334#msg9815334

The best and only option is to simply ignore them.

HT xD