What does that mean?

Furthermore, what does this mean? From R3WT's trust rating he left you:

"It is true that i snuck a hidden premine in iGotSpots coin. this rating is here to share my side of the story. I paid him back .4 btc that he paid me to make the coin. He is a good person for allowing me to pay it back and moving on."

Didn't this coin have a hidden premine?

Why is it still being sold on the exchanges?

Fascinating thread.

Read about 20 pages, I really do hope you catch this guy.

What ridiculous humans we are.

Thanks for the lulz.

So I've noticed a string of Ponzis all starting similar to this:


And I see these two same defenses over and over from scammers trying to protect their scam:

#1: Focusing on the character of the critic instead of the criticism itself.


#2: Moral equivalency -- convincing yourself and others that its OK to engage in disreputable business because there are bigger scammers than you out there.


All the scammers think to themselves, "Hey, at least I'm not Bernie Madoff!"

And Bernie Madoff thinks to himself, "Hey, at least I'm not Hitler!"

GoldSurfer you are total bullshit and just because other people are out doing bad things it doesn't make what you are doing any less worse.

Really? That's funny, I never hear anybody say any of that stuff about Qora. I would go with "just hype" if I was you. Coins are meaningless if you can't get people to use them. We're already having a hard enough time getting people to use BTC.

Yet people actually keep on taking Ristos advice... I guess this speaks volumes about the effectiveness of his and Monero in general's brainwashing tactics... they did quite a good job.

Again, I'm not tying anything to anything. I'm just stating that there is a strong likelihood that world governments will make efforts to regulate cryptocurrency, and when they do, their citizens should be wary.

Uh oh. You've really done it now!!!  

But Spoetnik is correct. Do you remember what happened in 2008? Oh, right, thats when Iceland's banking system collapsed and dragged down the rest of the world with it.. wasn't it? LOL.

No disrespect to any potential Icelandic forum members.  

We aren't the ones pushing for government regulation.

Even if the technology evolves into something different, are you happy with the prospect of bitcoin being regulated into uselessness?

We can already transfer real money wirelessly, its just inconvenient to have to do it through a government and 3rd party intermediary like PayPal or Western Union that demands a cut (which is sometimes pretty substantial). This is why bitcoin has value.

I agree with the devs and community leaders present: changing the number of coins now would be silly. especially to meet the demands of a superstition.

I also agree with you 100%. However, the [ANN] section gets more traffic than almost the entire rest of the site combined, which means it brings in most of the advertising money for the forum.

NAUT - Nautiluscoin

Hedge fund manager/dev Brian Kelly Wants to make cryptocurrency "safe for Wall Street," aka controlled by the exceedingly wealthy and just another tool to subjugate the poor.

Read his article about how bitcoin needs to "grow up" and accept its inevitable rapery by beaurocrats and bankers:

http://www.cnbc.com/id/101849169

The problem with new regulation is three-fold:

1. Since public opinion no longer has any effect on the setting of public policy and lobbyists have 100% of the effect, any new legislation with regards to regulating cryptocurrency will be written 100% on behalf of the financial services industry.

2. There is already judicial precedent and laws in place to allow criminal proceedings in cases of theft, money laundering, robbery, extortion and even terrorism as they pertain to cryptocurrency.

3. The existing regulation, system of taxes and fees, mazes of do-nothing bearocracies that demand a cut of every one of your transactions, is what helped necessitate cryptocurrency to begin with. If the U.S. government wasn't so ineffective at regulation and Wall Street didn't have a reputation as being the biggest pot of evil on the planet, people wouldn't _need_ bitcoin!

So the fact that Kelly wants to build a cryptocurrency with Wall Street ties and pro-bitcoin regulation as its main thrust (also check out its "Digishield" component: it guards the coin against the forces of the free market lol) is mindbendingly ironic to me.

My fear is that he's simply acting as a trojan horse to get the community acclimated to the idea of a Wall Street takeover, which some might see as a good thing, but what it will actually mean is that the novel advantages of cryptocurrency offers to society will be erased.

I agree with you 100%, however as you pointed out, the alt section isn't going anywhere.

The altcoins that are actually succeeding already have their own forums and could survive without this one.

@Spoetnik: I can't offer technical resources but I can offer you spiritual ones... meaning I am with you "in spirit."

I am certain I could pretend to be you if I wanted to.

hilariousandco, what happened dude? this used to be you...

Neither would I. Just because you post something you wrote in a different thread six months earlier it absolves you of the probability that you wanted to sell your account? It does not. 


It is, it has.

I swear this place is just a false flag operation set up by the government to track thieves and scoundrels.

I bought a t-shirt... of a cryptocurrency.

Hey technically lynch mobs are legal up until the point of the lynching...

OK well maybe not.

Well here's the thing: I'd like to believe that if you're honest, you have nothing to worry about. If you're a liar, you deserve whatever pain and misery you bring upon yourself.

I understand its not that simple ALL the time and there is vicious, ruthless competition out there (check out my new sig), but let's face it, this place has been completely overrun by scammers.

I make alterations to my portfolio rarely these days but when I do I recognize the above fact.

ps: my sig is just for temporary lulz

No, but I should take a page out of your book and at least attempt to be more civilised.


Now that's just good, wholesome fun for the whole family right there.

Finally, a signature campaign I can get behind.

You forget that the way people like Brian Kelly work is to make you feel good as he is scamming you so you don't notice it or you're not really mad about it. He is taking your money but making you feel like you are getting a BJ, so, the ride is worth it, right?

His reputation is he's a shifty pile of shit, because CNBC is a pile of shit, because Wall Street is the biggest, stinkiest, evilest pile of shit of all-time. He sells garbage for a living and he knows it.