Yep I joined too. Actually I'm looking to buy some coins as well. I can spend 30 LTC. PM me an offer, i'll buy from the lowest price bidder ! Serious offers only  |
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This isn't a private thing. Are you suggesting that because I, say, read Fontas' Twitter and someone else didn't, that I am guilty of insider trading?
I agree the line gets blurry when the "insiders" are communicating in the trollbox or on twitter, but whenever there's a group of people with enough buying power to influence price, and they have they don't share with 100% of the people who are trading what they're doing, it's unfair. And to the other poster : " Everyone's doing it so I'm doing it too !" Is not a valid argument. "They deserve it because it because there is no law against it" is also not a valid argument. Except they do share it publicly. Some people miss it, others ignore it, and they lose money. No they don't share, they form a "club" that you have to sign up for, pay money to sign up for even. Did you even click the link in the OP ? Trading alt coins is not just about joining a pump and then getting out before the dump. But I have the feeling I'm talking to people who just learned the whole concept of trading securities last week so maybe I should just leave you guys alone and alow you to get burned. Thats how you learn lessons anyway : the hard way. I think it is you who learned of trading last week. I think I see the disconnect here. You are telling us what traders should do, what they would do in a world governed by morality. We are telling you what traders will do, in this world, that is governed by profit. If any good trader can get a step up above the competition, they will do it. If you won't, then you will lose. That's just how it works. I'm gonna let you have the last word here cause I need sleep  Have fun inside trading while you can get away with it. |
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Quick noob question : I've set up multiple pools in the .bat file, and those pools mine different coins. I've noticed that pools that don't have stratum set up somehow... borrow the stratum information from other pools.
EVEN if it's a different coin ?! How is this possible ?
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This isn't a private thing. Are you suggesting that because I, say, read Fontas' Twitter and someone else didn't, that I am guilty of insider trading?
I agree the line gets blurry when the "insiders" are communicating in the trollbox or on twitter, but whenever there's a group of people with enough buying power to influence price, and they have they don't share with 100% of the people who are trading what they're doing, it's unfair. And to the other poster : " Everyone's doing it so I'm doing it too !" Is not a valid argument. "They deserve it because it because there is no law against it" is also not a valid argument. Except they do share it publicly. Some people miss it, others ignore it, and they lose money. No they don't share, they form a "club" that you have to sign up for, pay money to sign up for even. Did you even click the link in the OP ? Trading alt coins is not just about joining a pump and then getting out before the dump. But I have the feeling I'm talking to people who just learned the whole concept of trading securities last week so maybe I should just leave you guys alone and alow you to get burned. Thats how you learn lessons anyway : the hard way. |
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<snip>
But they trade like securities, and the moral basis for the insider trading laws is to prohibit unfair trading based on information asymmetry - exactly what is happening here.
Yep, it's simply not fair because the "altcoin club" gang knows something the rest doesn't. They KNOW it's going to drop, they are not taking a risk. Ofcourse a good number of the gangs members are going to get screwed too. Not fair? You're going to have a hard time in the market if you don't collect as much info as you can and do the math. The market doesn't care about being fair. The market doesn't care about you. And if you choose to care about it, you wont be doing the hammer dance for long, my friend. I'm not you friend, pall. A knife also doesn't care about being fair, yet stabbing someone with it isn't very nice, now is it EDIT : I never said the market should be fair. I'm saying traders should be fair. |
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This isn't a private thing. Are you suggesting that because I, say, read Fontas' Twitter and someone else didn't, that I am guilty of insider trading?
I agree the line gets blurry when the "insiders" are communicating in the trollbox or on twitter, but whenever there's a group of people with enough buying power to influence price, and they have they don't share with 100% of the people who are trading what they're doing, it's unfair. And to the other poster : " Everyone's doing it so I'm doing it too !" Is not a valid argument. "They deserve it because it because there is no law against it" is also not a valid argument. |
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<snip>
But they trade like securities, and the moral basis for the insider trading laws is to prohibit unfair trading based on information asymmetry - exactly what is happening here.
Yep, it's simply not fair because the "altcoin club" gang knows something the rest doesn't. They KNOW it's going to drop, they are not taking a risk. Ofcourse a good number of the gangs members are going to get screwed too. |
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How about something like this for the logo? Open to any suggestions.  Beautiful ! I also really like the other one eventhough, yes, it does have a faint resemblance of a swastika. |
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I guess it's no use talking about right and wrong with greedy people.
Morality is never irrelevant.
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Guys, be careful when dealing with new members without a reputation. Never send coins first, until someone can prove they have completed trades with "trusted" members. Not calling you a scammer OP, but my spider sense is tingling. Prove me wrong |
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Wow what an obvious and lame attempt to hype up the price. |
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do you also accept diamonds?
lol |
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If this is serious, this is pretty disgusting.
An organised pump and dump gang will really harm the image of alt coins. It's taking advantage of people who think that a coin is really increasing in value. The money the gang makes when they sell all their coin at the peak of the spike in value comes from the people who are to late in the selling.
It's a scam. People who do this, in my book, are on the same level as people who pretend to send coins in a transaction and don't.
This thread should be locked and the OP labled a scammer.
Aww. Is someone butthurt because he bought right before a dump? I'm not butthurt, i have a moral compass. Is it cute to think stealing is wrong ? Buying coin right before they drop in value is painful, but hey, it happens. It's a risk you should be willing to take if you trade in altcoins. But if a group of scammers coordinates to rape a coin, that's a whole different story. Moral compass? Lol. Finance is not for you. But if you choose to stay anyway, welcome to the world of trading!  You two seem very immature and trolling, but I'll reply annyway. You can be into finance, trading and crypto and still try to do the right thing. Just because there are people who don't care about the losses of others doesn't mean you shouldn't care either. What goes around comes around. Just because it's possible and easy to do, and you don't see the faces of the people you hurt, doesn't make it right. I have the skill and knowledge to buy stolen creditcard numbers and info, go on TOR and buy shitloads of cryptocurrency with those stolen funds. But I don't. I like to sleep well at night knowing that I'm contributing to this world instead of merely TAKING. Wow look at me rant. I guess you start to look at right and wrong a little bit closer when you're about to have a kid and are thining about how to raise them. |
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If this is serious, this is pretty disgusting.
An organised pump and dump gang will really harm the image of alt coins. It's taking advantage of people who think that a coin is really increasing in value. The money the gang makes when they sell all their coin at the peak of the spike in value comes from the people who are to late in the selling.
It's a scam. People who do this, in my book, are on the same level as people who pretend to send coins in a transaction and don't.
This thread should be locked and the OP labled a scammer.
Aww. Is someone butthurt because he bought right before a dump? I'm not butthurt, i have a moral compass. Is it cute to think stealing is wrong ? Buying coin right before they drop in value is painful, but hey, it happens. It's a risk you should be willing to take if you trade in altcoins. But if a group of scammers coordinates to rape a coin, that's a whole different story. |
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If this is serious, this is pretty disgusting.
An organised pump and dump gang will really harm the image of alt coins. It's taking advantage of people who think that a coin is really increasing in value. The money the gang makes when they sell all their coin at the peak of the spike in value comes from the people who are to late in the selling.
It's a scam. People who do this, in my book, are on the same level as people who pretend to send coins in a transaction and don't.
This thread should be locked and the OP labled a scammer.
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I think what this forum needs is MORE moderators that do actual moderating. this thread belongs in the trash
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Yes but please dont spam that here.
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And that must be the "switch" part of the bait and switch, where a seemingly unrelated (but strangely insisting) passerby who effectively premined heavily during the confusion proposes to just keep going with that copy of Novacoin. Or how to make a whole diversion scenario to launch a copycat altcoin with heavy premine while making it look like it was accidental. Anyway, cheers for the staging, this is the most original altcoin scam scenario I have seen to date. Very good post ! |
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A was just about to launch my five new altcoins but the site is unavailable  |
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