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Alternate cryptocurrencies / Altcoin Discussion / Re: [FACTS] ANON Coins = Illegal

on: February 01, 2017, 07:11:10 PM

Quote from: NUFCrichard on January 11, 2017, 11:17:36 AM Quote from: dinofelis on January 11, 2017, 05:04:59 AM Quote from: Spoetnik on January 11, 2017, 04:43:20 AM It's simple, ANON Coins violate Anti-Money Laundering Laws in countries like the USA. The possession of gold and silver and cash must then also violate those laws. Hell, the possession of a good idea must be illegal in that country ! After all, that good idea is worth a lot of money, and it doesn't tell where it comes from ! If everything that is worth something, and is not intrinsically traceable to where it came from, is illegal in that country, then that's quite a non-free country, isn't it ! About time to take up your civil responsibilities, and fight such oppressive regime, no ? On the other hand, if you want to be a 100% fully law abiding citizen, that tries to please the state and the law, stay out of crypto, and use their fiat. Crypto has nothing to offer to you. You even see that a totally non-anon and fully transparant coin like bitcoin has led people into trouble. So you should change your phrase: "it is simple, crypto violates the anti-money laundering laws". It is BTW exactly to fight those laws that crypto was invented. Because those laws take away a fundamental freedom: the freedom to trade. I don't really agree with the premise that anonymous coins are automatically illegal, exchanges can still have KYC and trade limits for buying anonymous coins, then the inter-trade of the coins would be anonymous, just not the entrance and exit points from fiat. Gold and silver are pretty difficult to buy from a respectable place without providing any ID. The same is true of cash. All can be traded anonymously after they have been bought, just like Monero/Dash. Dash - the digital trash isn't anonymous.

Alternate cryptocurrencies / Altcoin Discussion / Dash - The Digital Trash

on: February 01, 2017, 06:57:44 PM

This coin has so many straight up wacky rules and things wrong with it - it's insane. Who is doing this low volume pump? When I first got into crypto it took me 5 mins of research to uncover the instamine scam that made me not even consider the coin. That is just the tip of the iceberg. They claim to solve all the tough problems in crypto but their solutions are all retarded. A tiny nitpick I could not figure out by researching on the net- Can someone tell me what the master mode reward will be in 10 years? If it's 15% how can the coin emission rate drop at the rate they claim it will?

Alternate cryptocurrencies / Altcoin Discussion / Can people tell me where I can get info on nible wimble

on: January 25, 2017, 10:40:35 PM

DOes it work? DOes it do everything Monero does?

Alternate cryptocurrencies / Altcoin Discussion / Can someone explain to me some stuff about factom?

on: January 23, 2017, 03:19:14 PM

How is this thing blockchain? It uses 32 federated servers. The developers release 73k coins per month correct? Why does a coin have value? Why not have a set price to insert a factoid at their website: i.e. 15 cents per factoid I feel like I'm losing my mind but is factom not incredibly stupid?

Alternate cryptocurrencies / Altcoin Discussion / Re: Now that Monero's GUI is out, what will people complain about next?

on: December 25, 2016, 06:28:51 AM

Quote from: Spoetnik on December 25, 2016, 05:56:48 AM Probably the self-destructive ANON gimmick. A great way to rail road the currency at launch. Crippling adoption permanently. Oh and the history of the coin itself and the shill's antics last couple years is a worthy mention too. Trust me there is plenty to complain about.. like that Horrendous name. Or the fact it was a "community-takeover" coin launched as Bytecoin insta-mined and hoarded. Where did the original dev go ? Rather odd he never showed his face EVER again huh ? ..or Maybe he is well known and simply abandoned the old account with the old coin name "Bytecoin" ..then Lied his ass off about anything to do with that way back all along to this day. The retard appears. I researched the "instamine" before I invested. It was some Carnegie Mellon professor and he sold everything he mined. He describes it on his blog. I'm guessing he wishes he didn't sell. I'm putting the penguin on ignore. Read some of his comments and you'll understand.

Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin's best alternative

on: December 25, 2016, 05:38:14 AM

Bitcoin's failure is inevitable: as soon as a Chinese dissident smuggles money out of the country and the Chinese government goes to the 3 biggest miners in china that make up like 70% of the network and tells them to censor the transaction or we are going to hang you and your children, the transaction will be censored. You've been warned.

Alternate cryptocurrencies / Altcoin Discussion / Re: Now that Monero's GUI is out, what will people complain about next?

on: December 25, 2016, 05:03:23 AM

The dumb foreigners arguing that people don't want an anonymous, fungible currency are brainwashed socialists. Why do you people even argue with them? The one with the penguin as his picture is some kind of zealot. Hes like a Protestant in 1600s Massachusetts. You'll never convince him witches don't exist. His brain is not logical. The circuits are scrambled. Don't even bother talking to him. Edit: no offense to foreigners, most of you are cool, but some of these eurosocialists drive me nuts. The European Union is socialism at its best: destroying the industry in countries that have joined.

Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin's best alternative

on: December 25, 2016, 04:55:46 AM

I just got into crypto and I've purchased $5,500 of monero. I am looking at things objectively and as an American and a libertarian, monero is ideal for multiple reasons. I didn't have a dog in this fight until 4 weeks ago so if a better coin came around I'd admit it. Nothing comes close to monero. All the rest are scam coins.

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