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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: nutildah on July 26, 2014, 10:27:18 PM



Title: How many people are here because they like reading about scams?
Post by: nutildah on July 26, 2014, 10:27:18 PM
Secret: I voted for #4.



Title: Re: How many people are here because they like reading about scams?
Post by: franckuestein on July 26, 2014, 10:29:20 PM
There aren't just scam coins.
IMAO, on the "Alternate cryptocurrencies" you can find interesting posts and Announcements of new coins with great technical improvements.


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on July 26, 2014, 10:33:16 PM
There aren't just scam coins.
IMAO, on the "Alternate cryptocurrencies" you can find interesting posts and Announcements of new coins with great technical improvements.

I agree with you.

However, there's a new scam here every day. Sometimes the mechanisms of human psychology that scammers employ to accomplish their objective are far more interesting and novel than whatever innovations they are promoting in their coins..

I realize the word "scam" is heavily played out by this point but its still applies 100%.

PS: I am not looking for how to "up my scam game." Just as a fan of human psychology, I find the lengths that people will go to to fuck each other over to be fascinating.


Title: Re: How many people are here because they like reading about scams?
Post by: Spoetnik on July 27, 2014, 12:37:00 AM
agreed it amuses my balls off more than Altcoins themselves..


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on July 28, 2014, 07:09:01 PM
This poll needs a wider sample of votes in order to be scientific.



Title: Re: How many people are here because they like reading about scams?
Post by: boxuser on July 28, 2014, 07:18:07 PM
there is the part missing, "i am here to research about coin's where should i invest"


Title: Re: How many people are here because they like reading about scams?
Post by: thrax on July 28, 2014, 07:19:53 PM
I don't really like reading about scams, I'm just here to find out about the latest one's so I don't get ripped off by them.


Title: Re: How many people are here because they like reading about scams?
Post by: Nxtblg on July 28, 2014, 09:50:22 PM
It is quite a show, can't argue with that...


Title: Re: How many people are here because they like reading about scams?
Post by: jonybroker on July 28, 2014, 09:59:47 PM
There is so much to read in altcoin section, not just scam.


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on July 28, 2014, 11:18:24 PM
there is the part missing, "i am here to research about coin's where should i invest"

That should be combined with choice #1.

There is so much to read in altcoin section, not just scam.

Yeah but the scams are the funnest part. Except when it involves a coin I bought.


Title: Re: How many people are here because they like reading about scams?
Post by: anderl on July 28, 2014, 11:30:27 PM
There aren't just scam coins.
IMAO, on the "Alternate cryptocurrencies" you can find interesting posts and Announcements of new coins with great technical improvements.

http://community.us.playstation.com/t5/image/serverpage/image-id/749i3ACE1267E1A87C9B/image-size/original?v=mpbl-1&px=-1


Title: Re: How many people are here because they like reading about scams?
Post by: franckuestein on August 04, 2014, 09:30:28 AM
^@anderl  :D :D

I don't know i don't know haha I've voted for the 3rd option: A combination of the above + I like reading about scams
--

Scams are there and in other sub-forums like Lending, gambling...
;)


Title: Re: How many people are here because they like reading about scams?
Post by: henryjames1003 on August 04, 2014, 01:54:29 PM
I'm here to research interesting concepts and ideas. I think Bitcoin someday will die and someone will have to take this place. I'm interested in - who.


Title: Re: How many people are here because they like reading about scams?
Post by: iGotSpots on August 04, 2014, 04:00:06 PM
agreed it amuses my balls off more than Altcoins themselves..

Is that why you're still broke?


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on August 04, 2014, 07:51:54 PM
I'm here to research interesting concepts and ideas. I think Bitcoin someday will die and someone will have to take this place. I'm interested in - who.

I agree, I think so too.

I'm done buying bitcoin. Now Coinbase demands you register all your personal information with them (again) in order to purchase bitcoin so they can pass this on to our masters on Wall Street.

The whole point of bitcoin is to make people free from this bullshit. Now that the bullshit is catching up to bitcoin, bitcoin is becoming a little more useless every day.

So yes, some alt that is defined outside of the new regulation will surpass bitcoin, until it itself is regulated, then the cycle will repeat again.


Title: Re: How many people are here because they like reading about scams?
Post by: Nxtblg on August 04, 2014, 09:28:35 PM
So yes, some alt that is defined outside of the new regulation will surpass bitcoin, until it itself is regulated, then the cycle will repeat again.

But are they? How broad is the relevant definition in the enabling legislation? Anyone know?


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on August 04, 2014, 09:57:38 PM
So yes, some alt that is defined outside of the new regulation will surpass bitcoin, until it itself is regulated, then the cycle will repeat again.

But are they? How broad is the relevant definition in the enabling legislation? Anyone know?

This isn't the terms of broadness of which you are speaking, but Coinbase (headquartered in the U.K.) is already collecting their users' personal information _in anticipation_ of NY state passing laws which potentially effect the entire world.

In terms of how "digital currency" is defined and all that, I think they are still some ways away. But its simply naive to think the banks won't work with the government to screw over ordinary people, as has been standard practice for the last 100 years.


Title: Re: How many people are here because they like reading about scams?
Post by: TwinWinNerD on August 04, 2014, 10:03:52 PM
Even though it should be very sad that people lose their hard earned money, it is very statisfying to see that the motto:

"cavet emptor" should apply, but most people just blindly trust everyone...

Thinking about it, would you give a random man on the street pitching you an investment idea, hundreds of dollars? Yeah, this is what you are doing online without thinking twice.


Title: Re: How many people are here because they like reading about scams?
Post by: Magic8Ball on August 04, 2014, 10:29:12 PM
There are lots of interesting things if you look well. If you are stupid enough to fall for a scam its your fault. Most of them are easy to spot.
You can earn a lot also if you can get into some early.


Title: Re: How many people are here because they like reading about scams?
Post by: kalus on August 04, 2014, 11:05:40 PM
https://i.imgur.com/mz1aWSx.png


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on August 04, 2014, 11:20:58 PM
There are lots of interesting things if you look well. If you are stupid enough to fall for a scam its your fault. Most of them are easy to spot.
You can earn a lot also if you can get into some early.

You mean, like its easy to spot that you were in a bad mood when you wrote this comment?

If "most scams" were easy to spot, they wouldn't get very much traction.

Yet some of them do get traction and go on to become heavily-traded coins, like XC and Monero (lol).


Title: Re: How many people are here because they like reading about scams?
Post by: Spoetnik on August 05, 2014, 07:51:21 AM
There are lots of interesting things if you look well. If you are stupid enough to fall for a scam its your fault. Most of them are easy to spot.
You can earn a lot also if you can get into some early.

You mean, like its easy to spot that you were in a bad mood when you wrote this comment?

If "most scams" were easy to spot, they wouldn't get very much traction.

Yet some of them do get traction and go on to become heavily-traded coins, like XC and Monero (lol).

so wrong and i hear this same crap a LOT !
and as always i have to correct everyone like a broken record.

they are easy to spot.

they gain traction for one simple reason..
assholes who don't care about the long term destruction of crypto or the guys coming up behind him. (fuck em.. fall in the manhole kind of guys)
simply say but but but "i made 3 BTC off of it"
They know damn well they are scammy fucking garbage but they don't give two shits as long as they can make money off it.
BY MY SELF i have battled these kind of people on places such as Cryptsy chat and the whole place and the staff and every guy there time after time,
would admit to doing that word for word and defend the behavior or outright troll me in response !
it has been historically unusual for anyone anywhere to agree with me when i say these people are cancerous to crypto.
and look around.. this stupid bullshit is doomed.

I can rattle off the names of the guys who said that to me word for word too and i recall clearly who sat their mouthing me off over it too !
i have no doubt what so ever the majority of people know damn well a coin is probably a scam.
and the majority don't give two fucking shits if it is.. if they can make money off it.

when i read your topic here and your poll i could tell right away you didn't "get it"
you need to augment how you approach with these guys i speak off.. or they will roll their eyes thinking your a clueless naive noob.


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on August 05, 2014, 08:01:30 AM
Yeah that's cool. Halfway through your post I thought to myself, "man, this just isn't worth it."

Its a losing battle you're fighting.

And you're still wrong, because if you were right, the scammers wouldn't be winning.


Title: Re: How many people are here because they like reading about scams?
Post by: counter on August 05, 2014, 04:46:47 PM
I vote for #4.  It's not that I enjoy reading about the scams It's actually the exact opposite now that I think about it.  I just like to be aware of what scams are taking place in hopes I don't fall victim to them.  Also The tracing tips and discussions are what really interests me.  Being a newb I like to be able to read thoughts and opinions of which coins are worth investing in and why. 

There's clones and scams out there and I think the average investor needs a formula to workout which coins are worth the time of looking to and investing into.


Title: Re: How many people are here because they like reading about scams?
Post by: Brewins on August 05, 2014, 04:53:19 PM
I'm here to collect giveaways, so in the future I will be multi-billionaire because all coins claim themselves to be the new future booming coin.


Of course they wouldn't lie to me, would they?


Title: Re: How many people are here because they like reading about scams?
Post by: Nxtblg on August 05, 2014, 04:56:08 PM
So yes, some alt that is defined outside of the new regulation will surpass bitcoin, until it itself is regulated, then the cycle will repeat again.

But are they? How broad is the relevant definition in the enabling legislation? Anyone know?

This isn't the terms of broadness of which you are speaking, but Coinbase (headquartered in the U.K.) is already collecting their users' personal information _in anticipation_ of NY state passing laws which potentially effect the entire world.

I was wondering how broad was the definition of "cryptocurrency" because I was worried that someone 'round here would assume that his/her favourite alt was exempt when...


Title: Re: How many people are here because they like reading about scams?
Post by: atoni on August 05, 2014, 05:00:30 PM
They should add section with naked women and gossip. I would be much more interested into reading that


Title: Re: How many people are here because they like reading about scams?
Post by: TwinWinNerD on August 05, 2014, 05:09:46 PM
They should add section with naked women and gossip. I would be much more interested into reading that

Ahmmm, there is ;) https://bitcointalk.org/index.php?board=9.0


Title: Re: How many people are here because they like reading about scams?
Post by: atoni on August 05, 2014, 05:11:59 PM
They should add section with naked women and gossip. I would be much more interested into reading that

Ahmmm, there is ;) https://bitcointalk.org/index.php?board=9.0

I dont see naked women there, you tricked me, you should start a scam coin :D


Title: Re: How many people are here because they like reading about scams?
Post by: TwinWinNerD on August 05, 2014, 05:14:39 PM
They should add section with naked women and gossip. I would be much more interested into reading that

Ahmmm, there is ;) https://bitcointalk.org/index.php?board=9.0

I dont see naked women there, you tricked me, you should start a scam coin :D

Just looked 5 seconds and found one: https://bitcointalk.org/index.php?topic=724212.msg8197837#msg8197837


Title: Re: How many people are here because they like reading about scams?
Post by: atoni on August 05, 2014, 05:17:19 PM
They should add section with naked women and gossip. I would be much more interested into reading that

Ahmmm, there is ;) https://bitcointalk.org/index.php?board=9.0

I dont see naked women there, you tricked me, you should start a scam coin :D

Just looked 5 seconds and found one: https://bitcointalk.org/index.php?topic=724212.msg8197837#msg8197837

She is pretty :)

I just bought some wankcoins so will put them to use :D


Title: Re: How many people are here because they like reading about scams?
Post by: TwinWinNerD on August 05, 2014, 05:17:54 PM
They should add section with naked women and gossip. I would be much more interested into reading that

Ahmmm, there is ;) https://bitcointalk.org/index.php?board=9.0

I dont see naked women there, you tricked me, you should start a scam coin :D

Just looked 5 seconds and found one: https://bitcointalk.org/index.php?topic=724212.msg8197837#msg8197837

She is pretty :)

I just bought some wankcoins so will put them to use :D

;) Have fun entertaining yourself!


Title: Re: How many people are here because they like reading about scams?
Post by: balu2 on August 05, 2014, 06:06:22 PM
There are lots of interesting things if you look well. If you are stupid enough to fall for a scam its your fault. Most of them are easy to spot.
You can earn a lot also if you can get into some early.

get into scams early?


have to agree. The drama becomes increasingly entertaining.


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on August 05, 2014, 06:55:35 PM
So yes, some alt that is defined outside of the new regulation will surpass bitcoin, until it itself is regulated, then the cycle will repeat again.

But are they? How broad is the relevant definition in the enabling legislation? Anyone know?

This isn't the terms of broadness of which you are speaking, but Coinbase (headquartered in the U.K.) is already collecting their users' personal information _in anticipation_ of NY state passing laws which potentially effect the entire world.

I was wondering how broad was the definition of "cryptocurrency" because I was worried that someone 'round here would assume that his/her favourite alt was exempt when...

Yep I think the prospects of all-encompassing legislation & regulation are highly likely. The good thing is we will probably still be able to ignore it unless the government implements some serious internet metering and basically goes China on us.


Title: Re: How many people are here because they like reading about scams?
Post by: GenX on August 05, 2014, 08:54:50 PM
People will scam with anything including BTC and US dollars. Altcoins are just that alternatives to BTC. Some may be scams so are just fine coins. You should look into anything you spend money to invest in. Houses, Stocks, Crypto's and much other stuff. Scams are out there just be careful. I like the altcoins section for a lot of reasons. I actually don't want to read about scams. I would hope there wasn't any. Too bad there is.


Title: Re: How many people are here because they like reading about scams?
Post by: BrewCrewFan on August 05, 2014, 08:58:38 PM
I pretty much skip over a majority of the alt announcement area just skimming looking to see if there is anything that perks my interest. I need to keep the rigs mining after all.

I am much much more selective on what I mine though. I dont have the time, nor the need to chase the next new pump and dump coin. Sure even something that sounds decent is a gamble, but then again, all I lose is some time and a few bucks in power.


Title: Re: How many people are here because they like reading about scams?
Post by: edgar on August 06, 2014, 07:13:36 AM
There are lots of interesting things if you look well. If you are stupid enough to fall for a scam its your fault. Most of them are easy to spot.
You can earn a lot also if you can get into some early.

absolute shit!

this is how scammers (and rapists) justify their behaviour!


Title: Re: How many people are here because they like reading about scams?
Post by: asdlolciterquit on August 06, 2014, 09:34:18 AM
the poll miss on option!!

i would have vote 5)"a combination of the above"


Title: Re: How many people are here because they like reading about scams?
Post by: Nxtblg on August 06, 2014, 05:11:06 PM
Yep I think the prospects of all-encompassing legislation & regulation are highly likely. The good thing is we will probably still be able to ignore it unless the government implements some serious internet metering and basically goes China on us.

That's exactly what I suspect to be the case, even now. As part of my NFD (http://www.nfdcoin.com/)-related responsibilities, I bought a paper copy of the basic-but-complete securities laws and regulations for my home domicile of Ontario, Canada. Its definition of "security" is so broad, a brash and clever accounting student could make a case that "Canadian Tire money (http://en.wikipedia.org/wiki/Canadian_Tire_money)" is a security!

Now, that brash claim would be laughed off by the Ontario securities regulators - but it'd be a different story if they found out about "feeshares." (I haven't breathed a word about 'em outside of here. ;) ) When I saw the definition of "security" in my skim-through of the "Definitions" opener, I decided to put NFD's Asset Exchange on the back burner and hope that its still-bare-bones offerings remain confined to gateways for other cryptos.

All power to Nxt, of course, but a little beyond our present-day horizon is an upcoming major legal clash that will rock the Nxt world. Right now, they'e relying on the legal analog to "security by obscurity" for their own very-well-filled AE.

God bless 'em, and God help 'em: I will definitely and publicly be on their side once the clash comes to a head. Since NFD has its fully functioning Nxt-clone Asset Exchange in its own ecosystem, I have lot of good reason to be on their side if the regulators come a' "knockin'."

So you can take the above as a Distant Early Warning plus a pre-commitment to help out the Nxters in any way that I can once the clash starts.       


Title: Re: How many people are here because they like reading about scams?
Post by: Equate on August 06, 2014, 05:18:51 PM
There should be an option in poll like - I want to be millionaire because I missed bitcoin train  ;D


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on August 06, 2014, 06:35:41 PM

All power to Nxt, of course, but a little beyond our present-day horizon is an upcoming major legal clash that will rock the Nxt world. Right now, they'e relying on the legal analog to "security by obscurity" for their own very-well-filled AE.

God bless 'em, and God help 'em: I will definitely and publicly be on their side once the clash comes to a head. Since NFD has its fully functioning Nxt-clone Asset Exchange in its own ecosystem, I have lot of good reason to be on their side if the regulators come a' "knockin'."

So you can take the above as a Distant Early Warning plus a pre-commitment to help out the Nxters in any way that I can once the clash starts.       

Okay, I have to ask, are you talking about potential clashes with the SEC over the term "asset"?

I hate it when people say stuff with such certainty but then don't provide a pathway of rationale to how they got there. Unless you can prove you're BCNext there's no real reason to believe you.

And NFD will not surpass NXT. Its just a clone sold to people who think they are getting in on the next NXT.

And now I see that you're heavily behind NFD, which renders your entire opinion meaningless.


Title: Re: How many people are here because they like reading about scams?
Post by: nutildah on August 06, 2014, 06:51:16 PM
There should be an option in poll like - I want to be millionaire because I missed bitcoin train  ;D

LOL, I see your point and you're probably right but I honestly don't think that way. I think everyone wants to be a millionaire regardless of whether they missed the bitcoin train or not.


Title: Re: How many people are here because they like reading about scams?
Post by: Nxtblg on August 06, 2014, 09:19:26 PM

All power to Nxt, of course, but a little beyond our present-day horizon is an upcoming major legal clash that will rock the Nxt world. Right now, they'e relying on the legal analog to "security by obscurity" for their own very-well-filled AE.

God bless 'em, and God help 'em: I will definitely and publicly be on their side once the clash comes to a head. Since NFD has its fully functioning Nxt-clone Asset Exchange in its own ecosystem, I have lot of good reason to be on their side if the regulators come a' "knockin'."

So you can take the above as a Distant Early Warning plus a pre-commitment to help out the Nxters in any way that I can once the clash starts.      

Okay, I have to ask, are you talking about potential clashes with the SEC over the term "asset"?

I hate it when people say stuff with such certainty but then don't provide a pathway of rationale to how they got there. Unless you can prove you're BCNext there's no real reason to believe you.

And NFD will not surpass NXT. Its just a clone sold to people who think they are getting in on the next NXT.

And now I see that you're heavily behind NFD, which renders your entire opinion meaningless.

I knew it...I indirectly all-but pledge fealty to the Nxt Asset Exchange infrastructure, and someone come along and gives me the usual scolding.

Well, sir or madam, in this particular case your thin skin has gotten the better of you. Try:

1) Re-reading what I actually posted - all of it;
2) Taking a few deep breaths, counting to ten, and going for a walk around the block;
3) Reading the last paragraph of the post - namely, "So you can take the above as a Distant Early Warning plus a pre-commitment to help out the Nxters in any way that I can once the clash starts."



Quote from: The Parliament of Ontario, with the assent of the Lieutenant-Governor in right of Her Majesty Queen Elizabeth II
“security” includes,

(a) any document, instrument or writing commonly known as a security,

(b) any document constituting evidence of title to or interest in the capital, assets, property, profits, earnings or royalties of any person or company,

(c) any document constituting evidence of an interest in an association of legatees or heirs,

(d) any document constituting evidence of an option, subscription or other interest in or to a security,

(e) a bond, debenture, note or other evidence of indebtedness or a share, stock, unit, unit certificate, participation certificate, certificate of share or interest, preorganization certificate or subscription other than,

(i) a contract of insurance issued by an insurance company licensed under the Insurance Act, and

(ii) evidence of a deposit issued by a bank listed in Schedule I, II or III to the Bank Act (Canada), by a credit union or league to which the Credit Unions and Caisses Populaires Act, 1994 applies, by a loan corporation or trust corporation registered under the Loan and Trust Corporations Act or by an association to which the Cooperative Credit Associations Act (Canada) applies,

(f) any agreement under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets, except a contract issued by an insurance company licensed under the Insurance Act which provides for payment at maturity of an amount not less than three quarters of the premiums paid by the purchaser for a benefit payable at maturity,

(g) any agreement providing that money received will be repaid or treated as a subscription to shares, stock, units or interests at the option of the recipient or of any person or company,

(h) any certificate of share or interest in a trust, estate or association,

(i) any profit-sharing agreement or certificate,

(j) any certificate of interest in an oil, natural gas or mining lease, claim or royalty voting trust certificate,

(k) any oil or natural gas royalties or leases or fractional or other interest therein,

(l) any collateral trust certificate,

(m) any income or annuity contract not issued by an insurance company,

(n) any investment contract,

(o) any document constituting evidence of an interest in a scholarship or educational plan or trust, and

(p) any commodity futures contract or any commodity futures option that is not traded on a commodity futures exchange registered with or recognized by the Commission under the Commodity Futures Act or the form of which is not accepted by the Director under that Act,

whether any of the foregoing relate to an issuer or proposed issuer; (“valeur mobilière”)

http://www.e-laws.gov.on.ca/html/statutes/english/elaws_statutes_90s05_e.htm


Title: Re: How many people are here because they like reading about scams?
Post by: Nxtblg on August 07, 2014, 01:52:32 PM
There should be an option in poll like - I want to be millionaire because I missed bitcoin train  ;D

Funny, but would have to say "Just trying to keep busy & maybe earn something in the process".

That's pretty much my attitude. I like to say, with respect to NFD, that "I bought myself a job." :)


Title: Re: How many people are here because they like reading about scams?
Post by: Nxtblg on August 07, 2014, 02:20:43 PM
http://www.e-laws.gov.on.ca/html/statutes/english/elaws_statutes_90s05_e.htm

Thank you, nutildah, for not escalating this spat further downhill. I know my habit of climbing up the mountains on the horizon, and looking beyond them to see what might be coming, does make me a grade-A oddball around here. But I can tell you, and everyone else, that I'm worried about the securities regulators deciding that they do indeed have the prior authority to regulate the Asset Exchange.

To be honest, I bought the dead-tree version of Ontario's securities-law regime (3,400+ pages!) because I'm planning to pick through the entire thing (!!) to find one or more serviceable loopholes. What got the worry-wart app in my head running was definition (i): "any profit-sharing agreement or certificate." That's actually broader than, say, "any certificate or agreement evincing partial ownership in a company."

If (i) were the latter, feeshares would be safely out of scope. As it stands, though, feeshares might not be safely out of the Ontario regulators' purview.

The trouble with a complex basket of a law like the securities law is:

- if you want to find out what you can't do, it's a relatively easy chore. All you need is little more than a skim-through of the definitions and an "Executive Summary" of the whole thing.
- But...if you want to find out what you can do, you have to read through the Whole. Damned. Thing. And you have to read through it carefully (i.e., more than once.) And, for many intriguing loopholes, you have to read even more - like going through earlier decisions by the regulators in related matters to get a feel for what they consider "reasonable" when they come across a grey area.

No wonder most securities lawyers live in fancy homes...

Speaking of securities lawyers, I can see myself forking over four figures' worth of fiat some day to a real one in exchange for a legal opinion clarifying the legal status of the Asset Exchange. That's part o' my responsibilities as head dev for NFD, but what I find - whether though reading, paying or scrounging in the professor circuit - I will share freely and openly with the Nxt community. Fact is: with respect to regulatory matters, we're all in this together - so it's actually in my interest to share what I get with the Nxt community.

But this matter, at the moment, is a long-term beyond-the-horizon worry - so I'm quite content to let it drop and revert to shutting my trap. ;) 


Title: Re: How many people are here because they like reading about scams?
Post by: coinerjoe on August 08, 2014, 02:48:20 AM
Reading the banter about why one shitcoin is better than another shitcoin has its entertaining moments.  Are they really a scam when everyone is in on it?