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21  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 04:10:44 PM
I love these town hall forums:

Do you like what your elected officials are doing with your tax dollars.  Don't get me started.

I came here hoping that today's American youth will help me make America great again, and it seems to be working:

If you're interested in a really long-range perspective:

Back in the Great Depression, folks got into the habit of fixing their own things because money was tight. That gave birth to a huge DIY culture. But it also gave birth to a huge number of people who had essentially trained themselves into becoming good with machines. So in the 1940s [WW2], '50s and '60s, there was a huge pool of workers who were skilled labour because they had trained themselves to be so. Not just the folks who had to slog through the Great Depression, but also the kids who put together go-karts, jalopies, radios, etc. in their backyards, shop classes, rooms, etc. After that great self-education, America had a great labour force perfectly times for the post-WW2 era.

This "long tail" of self-trained skilled workers made America great again after it was humbled by the Great Depression.

So: how to make America great again now? What better long-term framework than the same one that did work to get America on top after the G.D.?

This time 'round, it's computers and tech. Today's answer to the "Go-Kart" is the Raspberry Pi. Pis are already being used for the Internet of Things.

That's the long-range way to make America great again: chivvy every kid you know to get a Raspberry Pi and knock around with it. It's the "jalopy" of today! As with the last wave of DIYing, it'll take years to see any effect on the economy. But once those years are over...

...everyone will see that America made great again by America getting back to its DIY roots. Smiley

You took the words right out of my mouth.  Why do you think I'm here?  To make America fat and lazy again?  

Bitcoin technology is not only legal in America, it is creating jobs for anyone who can program an app, or collect a developer bounty!  This forum is all about J.O.B.S. (Job Opportunities in the Business Sector), and that's why the establishment hates me, because I am a business man who supports your right to own stuff.

Bitcoin is Ownership.



Next question:



I'm not sure why NEM didn't make the poll. They almost scammed Tristan (Mr. Poloniex) out of his NEM by imposing an artificial deadline that made his NEMstake uncovertible to NEM. They made a little exception for him, but other NEMstake holders are still left in the cold with no NEM, even though all 9 billion NEM coins were created in the Genesis block, and are out there on the blockchain under someone's control, ready to be dumped on unsuspecting NEM hodlers.


That's exactly why I did not include any crypto below the top 10

I assumed that these market laggards were in the trash bin for a good reason.  The free market is pretty efficinet at weeding out obvious scams.

Obviously, according to the facts that you have just presented, I was correct in my assumption.




Any more questions:



All I know about DASH is what this smoking hot chick named Amanda said about it being a hybrid between a Hashocracy and a Meritocracy:

https://www.youtube.com/watch?v=VQGlcLFhwE0

Oh...Amanda B. Johnson! I keep telling myself I should contact her when I've got something newsworthy about Horizon...She's a good sort.

Actually, we just proved...

Whups - responded before I read the whole thread. Smiley



You are correct sir, Amanda is distractingly hawt!

OK, I see that your questions are devolving into testosterone boner babble, and I need to keep my public image clean, so I'm leaving before I accidently crack another schlong joke on camera,

I'm not making the same mistake twice.  I know I'm smarter than that.  I may not know crypto, but I'm learning more than my competitors.  Trump 2016.  I play

to win

the game!

I don't play to lose:

https://www.youtube.com/watch?v=4zLlIdZikDk#t=2m40s



no more questions!

https://www.youtube.com/watch?v=TEfK-3Lwph0#t=1m4s

22  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - - REVISED 4 ACCURACY - on: March 09, 2016, 03:24:25 PM
All I know about DASH is what this smoking hot chick named Amanda said about it being a hybrid between a Hashocracy and a Meritocracy:

https://www.youtube.com/watch?v=VQGlcLFhwE0

Oh...Amanda B. Johnson! I keep telling myself I should contact her when I've got something newsworthy about Horizon...She's a good sort.

Actually, we just proved that she was peddling fiction with her inaccurate description of the DASH governance model.  DASH may have started out as a hybrid Hashocracy/Meritocracy, but changed into a Dictatorship when the leader changed the laws that govern the money of the community.  

Liars lie, facts don't.

I'm sure that she was a victim, and not trying to perpetuate this lie.  Hopefully she recants/revises that story so that newbies, who are just now learning this new technology, do not get schlonged.




23  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 02:54:28 PM
Yes, like many political systems that start out with certain "ocracy" good intentions they have a slimy way of being corrupted over time (power corrupts weak minds), which is exactly what occurred here with DASH.  Until Evan pulled the scam, this coin was indeed scam free.  And now that the public knows the truth (that Evan is simply a Dictator), then it is no longer a scam.

It is not likely that it started with good intentions. The evidence of scamming dates back from before the launch.

It is also not accurate to say that the public "knows the truth". People continue to be misled by the propaganda being disseminated by Dash supporters claiming, for example, that the coins were "redistributed in the market" (when this is at best unprovable), or that the people involved had and have good intentions because the instamine was all a tragic accident (at best unlikely).

As long as attempts to mislead and confuse continue, and especially if they continue to succeed (and they do, as we continue to encounter people such as yourself who are confused), the scamming is ongoing, and not only a historical event.


Absolutely, actually, you are so right, that I am officially (and scammingly  Wink ) changing the poll title to:

"Which top 10 crypto do you feel is most likely to change its political policies in a way that affects a majority of its community members negatively."  

Because this, after all, is what any investor is concerned about when subjecting their capital to the whims of its Board of Directors.  Such decisions are weighted almost entirely on their history of either scamming (lying) or telling the truth

This, I imagine will bring bitcoin up on the list due to it's partisan blocksize ideological split.

I have reset the poll.  Thanks again for the spirited participation, and thanks for keeping my campaign honest, on task, and on point!

24  Bitcoin / Bitcoin Discussion / Re: "Hashocracy" and other political definitions of bitcoin's governance structure on: March 09, 2016, 02:19:46 PM
You can try doing it, but who is going to rule?

um

the blockchain?

I thought that was the whole point, no?
25  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 02:10:15 PM
If you don't like living in a Dictatorship, don't own DASH.

Is that a simple enough truth for you?



26  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 01:57:27 PM
Sorry, let me clarify.

DASH is no longer a scam because we all know now that its governance model is a Dictatorship.

DASH was a scam before this occurred, when it started out as a "Hashocracy/Meritocracy" hybrid.  

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m8s

Yes, like many political systems that start out with certain "ocracy" good intentions they have a slimy way of being corrupted over time (power corrupts weak minds), which is exactly what occurred here with DASH.  Until Evan pulled the scam, this coin was indeed scam free.  And now that the public knows the truth (that Evan is simply a Dictator), then it is no longer a scam.

TLDR:  If I'm telling you that I am a liar, and I lie to you, then I made no misrepresentation.  Since Evan is showing us that he is a dictator, we cannot claim that we did not see it coming when he changes the politicies of his community on a whim.

ELI5:

A dictator is not a liar (scammer), he just has the power to get away with lying to you


 
27  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 01:44:05 PM
LOL, You kids kick ass!

Proving once again that you can't make all the people happy all the time, just like on Capital Hill!

But enough distraction from the important political issues, like "how can blockchain technology root out corruption in your government!"  

Do you like what your elected officials are doing with your tax dollars.  Don't get me started.

I came here hoping that today's American youth will help me make America great again, and it seems to be working:

If it is impossible for Evan to steal (scam) shares in the future (like he essentially did in the past), then there can be no future scams, and this stock is accurately priced by the free market, however, if there is indeed a chance that Evan could steal shares again in the future, then, this coin has true potential for further scamming, and I wouldn't touch it with Hillary's dick.

The parameters of DASH have been changed many times (so many, in fact, it is hard to come up with a complete listing of all the changes). There is little question that Evan could change the parameters again (or, more precisely, "propose" that they be changed, while the dominant stakeholders including himself and his close associates would very likely endorse such a proposal).

Quote
So I am now wondering if I scratch DASH off my list, then what other coins follow a similar "hybrid" model like the one Amanda describes in her weekly column?

I think Decred is experimenting with blockchain-based voting. I'm sure there are others.


Thank you for your input again smooth, you have clarified my concerns allowing me to reach the conclusion that DASH is indeed 100% not a scam.  Dash is just a community that is ruled by a king or dictator.  Those who buy DASH are completely at his mercy.  And that is OK, because they are free to leave (sell their coins) at any time.  I personally will not allow a dictator to determine the value of my money.  Thanks again to smooth and the rest of you guys for helping point out the obvious.  It just takes me longer to comprehend your terminology since I am not as familiar with tech as I am with the politics of business.

Which brings us to the other elephant in the room.  Amanda B. Johnson is completely wrong when she describes DASH's governance model as anything but a kingdom.  I'm sure that she believed the DASH propaganda before seeking the facts as I did.  I hope that she will show high personal and journalistic integrity by recanting her false reporting here when she calls DASH's governance structure a "hashocracy/meritocracy hybrid" when the indisputable facts reveal that DASH is nothing more than a dictatorship or kingdom.  

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=16s

It's OK for DASH to adhere to a dictatorship governance model, however, it is not OK for people to be lied to (which is what is occurring here).

OK, so since DASH is not a hybrid hashocracy/meritocracy, but this "Decred" coin is, maybe?

I'll check into this some more.  Thanks again.  I'm all about the governance aspect of crypto because I hate getting schlonged by those whom I elect to govern me.

TLDR:  The "scam" or lie that is portrayed by the DASH community is that its governance model is a "Hashocracy/Meritocracy hybrid" when in reality it is a Kingdom or Dictatorship.
28  Bitcoin / Bitcoin Discussion / "Hashocracy" and other political definitions of bitcoin's governance structure on: March 09, 2016, 01:03:50 PM

The 2016  election season brings monumental change.  

America needs to recognize how bitcoin can help remove corruption from politics.

We need accurate terms that cut to the heart of what bitcoin is and how it can root out government corruption.

"Hashocracy" seems to be the front runner for a single word that accurately describes bitcoin's political process, and the corruption resistant benefits it offers:

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=19s

So the question I am proposing to the American people is this:

What is the governmental structure of bitcoin called.

If you want Americans to utilize bitcoin in their daily lives, then you must campaign and explain, which is difficult but rewarding at the same time.

Let's eliminate corruption and make America great again, by injecting Hashocracy into our political process.

29  Economy / Service Announcements / Re: Who should be the spokeswoman for Bitcoin? on: March 09, 2016, 12:22:58 PM
if by "schlonged" you mean "censored" then get used to it, I did.  What did you expect, I'm Donald Freakin Trump, the media (including bitcointalk) hates me, and routinely does everything in its power to restrict my freedom of speech. 
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Combating Oligarchy on: March 09, 2016, 12:13:02 PM
Schlong the Oligarchs!











31  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 11:42:11 AM
I see your point smooth, so DASH is the only crypto on the list to "find" unaccounted for shares post IPO and keep them instead of burning them?

I have no idea

Quote
If that is the case, then this type of behavior is truly scam worthy.

If others did do it, that makes it not a scam?

Quote
A "scam" is a lie or misreprentation. A prime example of which is:

"Paycoins can be redeemed for $10 each"

which of course is a false statement

Yes that is form of "scam", and that is one example of a lie or misrepresentation. Other examples would be stating that the coin will "definitely not" be launched in a few hours (and then ambush launching it, with millions of extra coins distributed "by accident" almost immediately), or claiming to be working on it as a "hobby" when you have simultaneously been recruiting behind the scenes to launch a coin as a "for-profit startup".

It takes stupidity to a whole new level for a Dash supporter to create a poll like this not realizing that Dash is one of the most infamous instamine scams and will surely be highly voted as such (even if I don't agree it is the "biggest" or "worst" scam necessarily).

Thanks again smooth, I'm new to crypto, and trying to cut through all the scam accusations, and have narrowed my initial scope to the best of breed top 10 on coinmarketcap, and can agree with you that a court would find Evan guilty for lying to the public if this was an SEC case.  

The one question I have for you is this:

Since this information came to light, then it should be "priced in" as they say on Wall Street.  Meaning that, as long as it is physically impossible for Evan to magically find some new coins, then the market has accepted what Evan did, and it reflects in the current price.  

However, if it is indeed possible for Evan to sell shares on the open market "naked" (that either don't exist, or are instantly added to the blockchain in the future without anyone knowing about this possibility beforehand), then there could come a point in the future where Evan could indeed crash the share price simply by "finding" some new shares or selling some shares on the open market that nobody knew he had access to.

From what I understand, DASH has anonymity features that may make knowing this potential for future scam impossible?

Sorry for the long winded reply, but I guess, that is 2 questions.  

To summarize:

If it is impossible for Evan to steal (scam) shares in the future (like he essentially did in the past), then there can be no future scams, and this stock is accurately priced by the free market, however, if there is indeed a chance that Evan could steal shares again in the future, then, this coin has true potential for further scamming, and I wouldn't touch it with Hillary's dick.

thanks in advance

All I know about DASH is what this smoking hot chick named Amanda said about it being a hybrid between a hashocracy and a meritocracy:

https://www.youtube.com/watch?v=VQGlcLFhwE0

So I am now wondering if I scratch DASH off my list, then what other coins follow a similar "hybrid" model like the one Amanda describes in her weekly column?
32  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto do you feel is the biggest "scam"? - BE HONEST PLEASE on: March 09, 2016, 02:48:08 AM
I see your point smooth, so DASH is the only crypto on the list to "find" unaccounted for shares post IPO and keep them instead of burning them?

If that is the case, then this type of behavior is truly scam worthy.

A "scam" is a lie or misreprentation. A prime example of which is:

"Paycoins can be redeemed for $10 each"

which of course is a false statement

Not spending a lot of money to promote your IPO is certainly not a misrepresentation of truth.
33  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto gets the most "SCAM!" accusations? - BE HONEST PLEASE on: March 09, 2016, 12:22:37 AM
Thanks for all the thoughtful responses.  I see that the crypto herd has a different definition of the term "scam" as it applies to business.

Where I come from, you would call every company a scam simply because a company's board of directors "mined" more shares into existence. Well, this happens literally every business day on Wall Street, where anything that is transparently known to the general public (such as the number of shares a person owns), cannot legally be defined as a scam.  Any investor who invests knowingly in a "premined" company is definitely not being scammed in the traditional sense of the word.

It seems that you have expanded the definition of the word "scam" to include publically traded companies like Apple and Facebook with the thieves at Mt Gox.  I was looking for a little more "Bernie Madoff" with his blatant lies and a little less "Jeff Bezos" with his massive pile of company stock that everyone in the world knows that he legally owns.

But it is still interesting to hear what the youth of today considers an "injustice"

Maybe you will elect Bernie sanders and make it illegal for Evan to own so many shares of a single company.

I obviously am out of touch with the socialist youth of today. When I say I will make America great again, I plan to do it by strengthening Evan's right to own as much private intellectual property  as he can humanly create, and not put him in jail for showing you his hand.
34  Alternate cryptocurrencies / Altcoin Discussion / POLL - Which crypto do you feel is the biggest "scam"? - - REVISED 4 ACCURACY - on: March 08, 2016, 01:54:44 PM
- UPDATE -

Backed by popular demand, I revised this poll to be more accurate to reflect the future risk assumed when investing in any of the top 10 cryptocurrencies, which is of course based on past performance, or in this case, past scams.

Since the culprits of any potential future "scams" will be those who are in charge of dictating monetary policy, please speak to who controls the coin you are talking about and why you believe there is potential for hurting the majority of shareholders (by providing historical precedent please)

Again, than you sincerely for providing this valuable service to the investment community

- INITIAL POST -

As an astute businessman (who has only went bankrupt 4 times), I need to know which of the top 10 cryptos is most "out of favor" with the general crypto public so that I can diverge from the herd.

I'll trust your honesty.  

I'm new here, and am hoping that you wouldn't schlong this noob just for fun.

Thank You,
35  Bitcoin / Bitcoin Discussion / Re: Is Vitalik Buterin Satoshi Nakamoto? on: March 08, 2016, 04:03:47 AM
true technically

I should know, I declared bankruptcy 4 times.
36  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: March 08, 2016, 03:54:56 AM
You want to motivate your woman to use Bitcoin do ya?

Just nominate her for Miss Bitcoin 2016, and watch her doublespend your money faster than the lightening network!

https://bitcointalk.org/index.php?topic=1391176.0
37  Economy / Service Announcements / Who should be the spokeswoman for Bitcoin? on: March 08, 2016, 03:02:20 AM
take the poll
38  Bitcoin / Bitcoin Discussion / Re: Another Crazy week in the Bitcoin Block Size Debate on: March 08, 2016, 02:15:32 AM
This shit show is a deliberate attempt at suppressing the price prior to the halving so the big dogs can curb out the weaklings and get their last round of cheap coins. If you haven't backed the truck up yet, it's time to do so or cry later. Very few people around here can truly comprehend what an actual bull rally looks like in the midst of or in the wake of a halving. Once it's set in motion, the world will be looking to pile in as they see very little other options for growth in a worldwide downturn which hasn't been seen before in such extremes.

Would you expect anything less from the Republicrats running the establishment?

Why did the republicans fall in love with Obamacare after it passed? I thought that once the Republicans took the House, they would remove it like they promised?

answer:

The Republicans only pretended to hate Obamacare. The sole purpose of their public "fight" with the Democrats over this issue was to distract you from your inevitable schlonging!

Think for yourself
39  Alternate cryptocurrencies / Speculation (Altcoins) / Re: To everyone converting BTC to ETH on: March 07, 2016, 10:16:05 AM
^^^

exactly

bitcoiners are getting severely schlonged by the inability of the millionaire founders to agree on the simplest things.  Its like watching our politicians fight for 3 months over raising the debt cieling before voting themselves salary raises that will require a debt cieling raise.  And frankly, the public is fed up with these uber wealthy bitcoin ivory tower types who fight like spoiled childeren.  It's not that they hate bitcoin, it's that they hate making Mr. Big Ego Nakamoto a billionaire, when Ether gas can be transferred and fast.

Ethereum at least has a team who is not only publicly known, but actively working together and recruiting new developers to build a more useful blockchain. One that does not require 20 minutes to get satisfaction.  The Ether team behaves responsibly like a company on Wall St who is trying to display transparency in their product development, where the bitcoin foundation resembles a cat fight.

Not to mention Ether has capabilities for gambling (prediction markets)
40  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WARNING: crypto-currencies are very likely going to experience a crash soon on: March 07, 2016, 06:20:37 AM
The controlled interest rate set by the fed means nothing compared to the amount of debt they can choose to monetize with the click of a button.

The fed can raise interest rates and still buy up every single junk bond on the planet. Then what do you think that all these recapitalized governments, businesses, and people will do with their quadrillions of freshly loaned US fiat?

They can offer Puerto Rico a zillion dollar loan, and how fast do you think it will take them to re-make millionaires of their public servants ? and that's after they make their existing bondholders whole.

So you better watch your hole here

Don't get schlonged like Hillary.

The fed funds rate is not the indicator, it's the head fake here.

That's why NIRP is not automatically increasing liquidity in the areas where it is being rolled out.  Deliquient debtors don't care what their interest rate is. They only care weather or not their loan was approved, and just because the interest rate may be zero, does not mean that you are approved for any amount.  So you see, credit restriction is the key to deflation.  That is why deflation can always be avoided if the fed chooses to increase its balance sheet and create a new loan.  Trust me, you don't want to see their balance sheet.

Truse me, I've declared bankruptcy more times than you.

All Leman Bros needed was a loan (at any interest rate) and their bankruptcy (and subsequent asset deflation) would have been avoided
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