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1461  Alternate cryptocurrencies / Altcoin Discussion / THOSE BAY FAQs... on: December 01, 2014, 10:26:40 PM
The lot of them is simply riotous. Beyond hilarious. Just check them for yourself, worth it for the laughs.

But at the key point in them, here's one of the best "pearls":

Q: Are there any mechanisms to rid the BitBay marketplace of things like guns, abusive pornagraphy, hitmen, etc?

A: Those things will not be possible in the main markets even though they are in fact decentralized. This is for two reasons. First in order to get into a white listed market, you need to prove your worth by doing deals in the Halo market. Next, once in the decentralized market, special moderator versions of Halo will be given out to help oversee what is seen in a decentralized market. Users can also flag posts and when a certain number of flags is reached, the orders become invisible. Whitelists allow for trust systems. So anyone running a decentralized market has total control over who is able to post to it.

Just read that answer slowly and carefully, ok? This is a decentralized series of markets but you, somehow, have to prove "your worth" to access the big leagues, but playing first in the small ones. Fair enough, so you sell your collection of stamps and your used DVDs first and once qualified, you go into the big leagues where you sell dolls (full of cocaine) that ship from Colombia. Or Thailand... ah, but no, there's that omnipresent "Halo special moderator" that "oversees" somehow what is seen in "a decentralized market". So the market is not that decentralized after all. Oh but that "Halo special moderator" is just a bunch of keywords, so no real moderator at all: You can write anything you want -or post any pictures you want- except that you have to watch you avoid the keywords that would alert the "special moderator", and you are in business... And since Law enforcement is completely stupid, even retarded, they won't be able to tell what you are selling either. And even is they find out, they wont be able to come after you because, after all, you are selling in a decentralized market, right? So when they purchase your dolls and trace their origin, you would send them to a jungle in the Amazon instead the shipment addresses in Colombia or Thailand. Or the UPC or mail office closest where they will be waiting for you when they order the next shipment... yeah, quite clever indeed Zimbeck... oh boy... It can and will apply to things much more "innocent" too, such as the pirated versions of "Fury" or "The Godfather" too, not to mention the discography of Taylor Swift of the latest version of Halo (pun fully intended) for Playstation 5.

But besides the obvious, this whole idea of a "decentralized marketplace" is so beyond absurd that it really is amazing it will still have some sale (pun again!) value: Much like on eBay, buyers and sellers will be "rated", therefore left at the whim of competitors -legit and non- or simply "demanding" customers/sellers for their listings will disappear if a "certain number of flags is reached". Manipulating those numbers of flags cannot be easier and poof, competitoir out of the way. Or otherwise valid consumer, out of the way because... well, he used the handle "barabbas" to purchase a couple of things and he maybe you know, that guy on BTCT...

Finally, So anyone running a decentralized market has total control over who is able to post to it. Now I am REALLY confused... I thought this was totally DECENTRALIZED so the whole point was that NOBODY was "running a decentralized market"... what's that you said, ITS TOTAL BULLSHIT created only to get [people to at least hold their coins without provoking a major stampede before they collect the payments held by BTER that they posted to themselves in exchange for the coins they are orderly unloading since the coin came online at the exchanges? That makes sense. ONLY that makes sense.

David, do I take that your debts will be fully cancelled and you'll be on the clear as of December 5th or shortly thereafter, or are you "tied up" until the full delivery, somewhere in March or so... I hope, for once, you were clever enough to get ouit of them on the 5th, otherwise it is going to be a long winter of your discontent.

Which is what usually happens when, instead of working, you choose to try to scam people, you know?

1462  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: December 01, 2014, 10:00:07 PM
For once, on anything, you are right: Talk is cheap.

In everything else, as usual, you are wrong.

Yes, I know perfectly well what is needed for a coin to be successful. It isn't much, really: Capacity and honesty. Those are the ONLY mot-so-easy ingredients. I can put the latter alright, can you provide the former? It doesn't need to be a genius -but if it is, more the better-, just someone able to fork Shadowcoin and compile a decent wallet... Just imagine this in bright lights: H O N E S T Y . In alts. What a concept... It would be a blockbuster. And, who knows, we maybe would be able to get some general public adoption... after all, since none other has achieved none whatsoever, the bar is not precisely high, is it?

Let me know, ok?

Oh and don't flatter yourself man, you don't have the ability to hurt anyone's feelings here, so fire away ant which way you deem available to you...

Needless to say, that out of this world (quite literally) alt coin, would have a non moderated thread here.

Usual comedy hour.  You say all that is needed is Capacity and Honesty so if that's all let's see what you got buddy.  Just another bag holder upset with nothing better to do except say what's wrong with something and not have a better solution.  Didn't figure your feelings were hurt there Hardy.  Oh and I'm not a bag holder of much so my feelings would not be hurt either way.  Laughing my ass off watching this hilarious thread of the usual back and forth getting nowhere.  Carry on boys.  Or maybe a couple of grumpy old Men??? 

As long as you get a few laughs, that's much more than you'll ever get holding alts, most especially Vericoin, ever.

That said, if this makes you laugh, you should sign up for the pay-per-view version, where you could have access to all the marbles.... and I accept BTC...
1463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: December 01, 2014, 09:37:57 PM
For once, on anything, you are right: Talk is cheap.

In everything else, as usual, you are wrong.

Yes, I know perfectly well what is needed for a coin to be successful. It isn't much, really: Capacity and honesty. Those are the ONLY mot-so-easy ingredients. I can put the latter alright, can you provide the former? It doesn't need to be a genius -but if it is, more the better-, just someone able to fork Shadowcoin and compile a decent wallet... Just imagine this in bright lights: H O N E S T Y . In alts. What a concept... It would be a blockbuster. And, who knows, we maybe would be able to get some general public adoption... after all, since none other has achieved none whatsoever, the bar is not precisely high, is it?

Let me know, ok?

Oh and don't flatter yourself man, you don't have the ability to hurt anyone's feelings here, so fire away ant which way you deem available to you...

Needless to say, that out of this world (quite literally) alt coin, would have a non moderated thread here.
1464  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: December 01, 2014, 04:21:46 PM
Where are the good, old, tired Vericion bag holders? There are not even bagholders left in this failing operation? :-)))

I am expecting it to hit the 3700s again -and below- to load the boat a little bit for a quick rebound of 10-15%. I did it one and hope to repeat... although I'm fully aware I will have to be satisfied with lower and lower % gains every time.

By the way, have you read about the new coin in the SuperNET, Opal? They already bring in the "decentralized storage", so what is VRC going to bring agaion? Ah yes, that Howard Stern-like radio operation by Lootz and Kevondo, amazing asset indeed.
1465  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: December 01, 2014, 04:16:27 PM

Zimbeck is a very talented young man and it is sad to see that he ended up in assisting a shameful money collecting operation.

Well the jury's still quite out on Zimbeck... he seem to have had some talent... for chess. He ranked like 37th at some point I believe -which must be quite hard to do, but not difficult enough to make a living at it-, and he even published a book of chess puzzles ... that doesn't sell any copies either in print or digital form. Other than that, at 31, he's a total failure going nowhere soon having miserably failed at being an actor/model (he got to do a few sessions as an extra in movies and commercials), having even more miserably failed at being a "producer" - I believe somehow he produced a short film no one ever saw-, and even more miserable fail at being a photographer and, at 30, managed to see himself drowning on debt... which are not precisely the "achievements" of "..a very talented young man".

The Black Halo protocol is one that no one uses, no one will ever do, that has brought to Blackcoin nothing but misery, since the price is stagnant at all time lows, 92% from ATH and quickly drifting to shit. Black Halo, smart contracts and Nightmarket or whatever other shit included. So the way I see it Zimbeck is just an opportunistic  individual being paid by scammers -if not being the main one himself, which is the most likely-, to front a scam of pretty big proportions and that is already actively in progress but that, even as scams go, has been caught on time and, consequently, will be aborted in mid-progress. It HAS been aborted, already and Zimbeck and his employers are unable to keep unloading more than a very few BTC per day and at prices that will hit below 200 sat any time now. Since Zimbeck himself absolutely needs to get rid of his stack to cover debt, the unloading will continue and so will the price "progression", while this scam will quickly engross the checkered (pun fully intended) past of this questionably "talented" (relatively at 31 -- happy birthday, by the way...) young man.

I was referring to the talent regarding mainly to the chess master role. Being an amateur chess player I appreciate the talent of accomplished chess masters. Apart from this, it seems your assessment is quite accurate. It seems David is a nice guy by default configuration, he just doesn't know what he is doing regarding to the Bitbay project, but this in the case of an ICO where peoples' money is involved could be a fatal mistake.


A "nice guy" who hasn't worked a day in his 31 years of life and is in the habit of not paying his bills, THAT type of nice guy.

By the way, have you read the just posted FAQs on  the BitBay thread? That HAS TO BE the ultimate monument to raw, smoking, unadulterated bullshit... If after reading through that crap the dozen of "investors" still holding the ICO bags don't see clearly and get out of Dodge immediately, they will never see the difference between their asses and their heads. Wow. The mention of Non Disclosure Agreements with vendors is particularly hilarious, but the whole piece is just a riot beginning to end.

But, still, I am puzzled as to how people may be so gullible and not see the evidence in front of them: Who is selling below the ICO price? Just answering that question with the minimum imaginable of common sense will give you the inevitable, obvious answer: There wouldn't be even a minimum market, none whatsoever. And yet they keep on pulling 15-20BTC daily out of the market selling way under 252. Guess who's selling at a "loss"? Remember they paid with the right hand and pocketed that payment with the left hand (first 33% of it, already in pocket. Another coming up in 4 days, the rest a bit later). It is ALL profit, no matter if they sell at 250, at 200 or at 25 sat or lower. All (minus BTER fees), profit, so the selling HAS to continue, no matter the price. Because David HAS TO pay his debts, remember? YOU (the bagholders) are actually paying them.
1466  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: December 01, 2014, 07:11:59 AM

So ... how's that stabilization fund going?

Man, it sounds like you have pure virulent contempt and hate for Nautilus coin. Seriously, should consider walking away. Those emotions are really not good for you and will physically manifest themselves in not such a good way.

Find another coin, there are thousands of them now.


i do have a lot of contempt and hate for Nautiluscoin.  You're absolutely right.  BK strung me along for a ride for several months before i wised up.  I feel like an idiot for donating to the fitch sponsorship.  And i also feel like an idiot for donating to jyap's blockchain.  And i also feel like an idiot for donating to the facebook ad campaign.  Apparently, I did all that for nothing.

Wait.  scratch that.  I did it because i actually believed BK was in this for more than just a few chapters in a stupid book nobody needs to read.

He got the material he needed for his book and then abandoned the project like a typical wall street asshole.  That should be obvious to anyone at this point.

The question about the stabilization fund was rhetorical.  The fund might as well not exist.  I get a chuckle every time i check out the current naut prices.

I'm glad i got out and merely broke even after months and months of holding.  It could have been much worse.  Like what all you bagholders are in for in the next month or two.  

And i thanked God just now that i HAVE moved on to other coins that are actually doing something.  And now, i couldn't be happier.



EDIT:  nutildah.  i'm still waiting on my bitcoin payment from you.  Like i said, for the right price, i will take over this entire network for you.  Or i can merely fork the entire naut network a few times for a bit cheaper if you want.

I could not agree more, even to the commas.

While the projects with cutting edge technology and really practical use ideas languish due to the scarcity of available capital, it is just quite pathetic that these two clowns, BK and JY keep on stringing on total idiot bagholders with ... POS (which every coin has since inception, every single one) and poker chips and trading cards. These two are the two stooges -since the three are the devs at VRC-. The most recent kicker, "I am in this for the long haul and want to make NAUT the "US Treasury Bond" of digitalFX." This guy has definitely lost it... although the ones really losing it here, big time, are those bagholders that keep on holding -for the long haul- while their initial investments have dwindled from $10,000 to less than  $800 in a few months. Imagine the "long haul".

Wow, simply wow.
1467  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: November 30, 2014, 01:48:46 AM
Quiet before the perfect storm???

Possibly
https://twitter.com/BKBrianKelly/status/538512844250439680

I want barabbas and nutildah back....they make for good buying prices Cheesy

As opposed to BK's biblical proportions hawk and subsequent spike in prices, right?

Or the ineffable Mongoose with his uncanny predictions...

Those are the ones for "good selling prices". Easy to understand, indeed...

Ahh, thats better. Thank you. I was seriously going through withdrawal.

Your good at what you do. Cheers!

Thank you, but I don't think so at all: If I were really good at it I wouldn't attract so many assholes. Cheers!
1468  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: November 29, 2014, 07:23:18 AM
^^^ WHICH HAS TRANSLATED INTO THIS: http://coinmarketcap.com/currencies/blackcoin/

This though is way more illuminating. It reflects what has happened in the last 6 months: http://coinmarketcap.com/currencies/blackcoin/
1469  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: November 29, 2014, 06:31:49 AM
Quiet before the perfect storm???

Possibly
https://twitter.com/BKBrianKelly/status/538512844250439680

I want barabbas and nutildah back....they make for good buying prices Cheesy

As opposed to BK's biblical proportions hawk and subsequent spike in prices, right?

Or the ineffable Mongoose with his uncanny predictions...

Those are the ones for "good selling prices". Easy to understand, indeed...
1470  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Storj - Decentralized Storage on: November 29, 2014, 05:09:34 AM
Considering I have over 2 TB of space just on my normal hard drive, i'd love to use this. It looks really cool.
We have removed our whitepaper because we want to refine it a bit more. At least according to those numbers if you sold you hard drive at Dropbox prices you would make $2,000 a year off your 2 TB. You will be a very happy camper when we add proof of resource to Storj.

We aren't promising that quite yet as the computer science algorithms need a ton more work, but you might be able to run a web node (if you don't mind doing a decent amount of config) and make a nice sum of coins that way.
If there's decent documentation on how everything works I won't have a problem doing any of that stuff. I don't care how much I get paid really, as long as it's noticeable that something is happening. The problem is that the 2 TB is split between being half on my 2 TB hard drive and the other half on an empty 1 TB external. An easy solution would probably just be to partition my main drive.

EDIT: If you have any kind of beta for this, please let me know. I'd be eager to help work out bugs and just generally help with this.

EDITEDIT: I just looked on the website and entered my email, didn't see that before.
Our early supporters will get to play around with the web nodes. Those just get stuff working and allow you to play around with our platform.

Should not be a problem when we have our apps for that. We also plan on working with Maidsafe for the whole sell your hard drive part.

A couple questions:

1.- So this is an encryption protocol by which images/documents/files will be "saved" to hard drives of people's computers all over the world, presumably in parts, am I right? If I am, the likelihood of those parts of files being lost or otherwise inaccessible, is very high, so I'd imagine there will be numerous "backups" with the search jumping from one to another until finding the right, complete file/folder which is requested... if that is the case, how is this going to compete or even use remotely close numbers to dropbox, that you mention, when they have DEDICATED server accessible 24/7? And since so many people will be paid for their storage, either insignificant payments will be made or it would result in non competitive prices... what am I missing?

2.- Since this will be completely decentralized, people will be storing in their computers, unknowingly, everything from child porno to unlawful contracts of every kind, from drugs and weapons to human parts... how do you plan on avoiding legal enforcement giving the seriousness of the items? Yo DO know that such activities will not only BE LOCATED but shot down and with the responsible parties (that would be you or anyone that facilitates and/or makes money facilitating such activities) thrown in jail, don't you?
1471  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: November 29, 2014, 04:12:11 AM

Zimbeck is a very talented young man and it is sad to see that he ended up in assisting a shameful money collecting operation.

Well the jury's still quite out on Zimbeck... he seem to have had some talent... for chess. He ranked like 37th at some point I believe -which must be quite hard to do, but not difficult enough to make a living at it-, and he even published a book of chess puzzles ... that doesn't sell any copies either in print or digital form. Other than that, at 31, he's a total failure going nowhere soon having miserably failed at being an actor/model (he got to do a few sessions as an extra in movies and commercials), having even more miserably failed at being a "producer" - I believe somehow he produced a short film no one ever saw-, and even more miserable fail at being a photographer and, at 30, managed to see himself drowning on debt... which are not precisely the "achievements" of "..a very talented young man".

The Black Halo protocol is one that no one uses, no one will ever do, that has brought to Blackcoin nothing but misery, since the price is stagnant at all time lows, 92% from ATH and quickly drifting to shit. Black Halo, smart contracts and Nightmarket or whatever other shit included. So the way I see it Zimbeck is just an opportunistic  individual being paid by scammers -if not being the main one himself, which is the most likely-, to front a scam of pretty big proportions and that is already actively in progress but that, even as scams go, has been caught on time and, consequently, will be aborted in mid-progress. It HAS been aborted, already and Zimbeck and his employers are unable to keep unloading more than a very few BTC per day and at prices that will hit below 200 sat any time now. Since Zimbeck himself absolutely needs to get rid of his stack to cover debt, the unloading will continue and so will the price "progression", while this scam will quickly engross the checkered (pun fully intended) past of this questionably "talented" (relatively at 31 -- happy birthday, by the way...) young man.
1472  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: November 28, 2014, 09:35:51 PM

wow self delusion is a such great thing  Shocked

So i ask 3 valid questions that your lover uses to scare people into selling and you give me that lol 

I didn't ask in the polite way you would have probably liked granted but i am new and have yet to learn that you should treat people differently to they treat others.

I ask for forgiveness and that you please answer and explain clearly as if i was 7 my 3 questions...

The ico was pre advertised and day one it costs you 252 sats, everyone buys for that or more as time goes on minimum (252)

if they did buy in then how do they make money selling it for less than they had to pay? (does this really make sense to you?) and could even sell for 25 sats and have profit lol Roll Eyes

Btw they only have 500 btc from the total 3000 so far and they will be released more after work is complete and ready i hope you understand sweetcheeks a scam if one of profit not LOSS.


[/quote]

If you were someone with the mentality of a 7 year old, it will be ok.

If you were someone with the mentality of  a VERY DENSE 7 year old, it still would be ok.

But being that you have shown to be not only incredibly dense, much more so than any 7 year old would ever be, AND besides that INSULTING snd thoroughly STUPID, any explanation to you would be an exercise in futility.
1473  Alternate cryptocurrencies / Altcoin Discussion / Re: Viacoin Price Discussion and Speculation on: November 28, 2014, 09:26:01 PM
We are posting in this thread again?

Yeah, thought we'd be better off PMing so as not to make this thread rise to the top and alert the world to cheap Via, but the other thread is doing it any way so screw it Smiley

So you actually thought that way? It isn't for a comedy sketch or anything like that, right? Wow, wow, wow..
you should see a doctor right away man...
1474  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Halcyon - x15 POS - Cryptsy Bittrex - Dev Slow but Continue on: November 26, 2014, 09:21:18 PM
+1 for the takeover!

+1

Edit to add: And look out for karma, dev, motherfucker.
1475  Alternate cryptocurrencies / Altcoin Discussion / Re: THE ALT CURRENCIES BUBBLE IS BURSTING... on: November 26, 2014, 04:21:18 PM
We wrote about this and the cryptocurrency ecosystem after launching our new alt currency exchange: https://blackwavelabs.com

Actually you did not, since you never even once mentioned the word scam. Perhaps due to the fact that Blackcoin is probably the biggest scam perpetrated on Alts so far. And that, not innovation or differentiation, is the subject of this thread.

1476  Alternate cryptocurrencies / Altcoin Discussion / Re: THE ALT CURRENCIES BUBBLE IS BURSTING... on: November 26, 2014, 03:46:40 PM
As far as public awareness, the latest published poll, coming from the UK, shows that 72% of the people has heard of Bitcoin.

http://www.digitalcurrencycouncil.com/professional/the-bitcoin-barometer-a-study-of-sentiment-in-the-uk-toward-bitcoin/

It's a very limited survey: quota-based sampling, weighted by census, online interviews with 527 “nationally representative adults aged 18+” conducted by Reputation Leaders Ltd. and likely obtained from an MROC. So that's n=527 from a population of 70000000+ and, because the sampling is quota-based, no estimate of sampling error is possible.

Following the latest trend in survey methods, it basically canvasses respondents' views of other people's perceptions --- which is what you'll get from answers to the question “how do you view the reputation of these payment systems ...” and so, when interpreting the results, you also have to bear in mind the context in which these reputations have been acquired, a context which, for instance, includes these loaded phrases used by the British Daily Mail ...

“If you are a computer genius you could make money by creating Bitcoins through 'data-mining.'”
“troubled bitcoin digital currency”
“the crisis-ridden bitcoin currency”
“as Bitcoin lurched from one disaster to another”
“Speculative investors have jumped into the bitcoin fray, ...”

The survey reporting hints at conflicts of interests. Reputation Leaders sell reputation action services to the commercial providers in the market that they are surveying. There are clear hints with “nearly a quarter of Brits say Bitcoin has a fair to very bad reputation” (13% say "very good/excellent"). The collapse of “fair” and “very bad” obscures just what percentage said it had a “very bad” reputation - which could be as low as 0.00000001% or as high as 23.99999%.

And there's an elephant ... “if you were seeking professional advice on bitcoin, which of the following individuals would you speak to”

Someone certified by the ... DCC
A financial advisor
An accountant
A lawyer.

The DCC are the “Digital Currency Council” a New York-based web site outfit striving for credibility and whose regulatory remit (should they manage to achieve one) cannot cross the pond so the rationale for referencing a nascent US-based voluntary standards org in a UK-facing survey is a puzzle ... unless the survey is another example of the increasingly popular trend to exploit interest in low-power surveys to serve as a promotional clothes horse --- in this instance, for the DCC. That would explain the unlikely inclusion.


Cheers

Graham

Edit, added URL

I fail to see the point of your dissertation. It was simply referenced to show the FACT that bitcoin is much better known -albeit having a bad reputation- in the UK (and by extension, everywhere) than it was 10 months ago. No one with half a brain can dispute that. Are you disputing that argument of just offering a lecture in validity and context of modern polling? Sheeesh!
1477  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Halcyon - x15 POS - Cryptsy Bittrex - Dev Slow but Continue on: November 26, 2014, 09:52:47 AM
Are you fucking insane. Ppl lost a lot of money. They asked you about future of HAL and nothing. Now, when community want to takeover project and implement something new , you showed up like a fucking rabbit from hat and say "I m tired of this "HAL is scam"..
You said you worked very hard  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

The reason why this coin climbed in value in the beginning was because of the hard work the dev put in, you can't possibly deny that.

Actually you are quite wrong; the reason why this coin climbed in value at the beginning was because it was hyped  by the Pr0metheus operation with his on payroll Dan Metcalf on board doing the anon. The group bought in cheap, hyped it with Metcalf and then-fad-of-the-day anon feature (all known to the dev, of course) and proceeded to dump at the top. Typical P&D (with the dev in their pocket and gladly participating in the process).

This guy has no shame.
1478  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: November 26, 2014, 07:05:57 AM
MORE ON BAY. STAY AWAY!

Price is now, more or less, around the ICO's. Do not be fooled into believing the the selling will stop, because it will not. It is being relentless although contained, but make no mistake about it: These scammers want your money. They have hundreds of millions of coins to unload, hundreds of millions. And the paid NOTHING for them, understand. It's all profit, no matter if they sell at 250 sat, at 200, at 150 or even at 25 sat. All if profit. And you, the ICO buyers, and those buying from them still, will be holding the bag. As stated above, the scam success depends on you -or enough people- believing they actually sold 1 billion coins for 3,000 BTC. They did not. Not even close. They sold them to themselves, which means they did not sell at all. Not more than a few hundred BTC, at the most. The rest is right hand paying left hand and everything to the same pocket.

There's no connection with Alibaba either, that was just taking advantage of the brouahaha made by the successful IPO of Alibaba in the American stock market. There's absolutely nothing behind this project, nothing whatsoever. Just an elaborate and yet quite transparent scam. I will not worn anyone anymore. You have been told. Just stay away and let the scam manifest itself. You don't need to be hurt by this one.
1479  Alternate cryptocurrencies / Altcoin Discussion / Re: THE ALT CURRENCIES BUBBLE IS BURSTING... on: November 26, 2014, 04:56:22 AM
Fortunately, there's no possible doubt about the quality or even quantity of your brain power. You make it evident with each post and futile attempt at defending the invitable embarrassment, falling way deeper into it.

As you should know -and if you were even minimally intelligent you would have re-read it for confirmation-, I did not it was more popular or had better press. I did say more people, many more, know of bitcoin now, in almost December 2014 than they did in February. Exponentially more. Specifically I pointed out that, even though the numbers in the poll showed that 72% of people in the UK knew about bitcoin, it had an image problem, due to the scams and scandals. Anyone with 1/4 of a brain knows that scandals, more than anything, make people, things and events known. And, as such, every new one adds to people having heard of, being curious about or otherwise know of bitcoin.

Additionally, Bitcoin size of the overall economy continues growing, albeit slowly. More merchants adopt it. More customers use it. If the size of the cake has gone from 2% in 2013 to 2.8% or higher in 2014, it means, logically, not only that many more millions of people know of bitcoin now than in February but also the millions more are using it too.

It would be so easy to stop keeping on embarrassing yourself... and yet, it is a certainty that you will continue doing exactly that. Wow.

1480  Alternate cryptocurrencies / Altcoin Discussion / Re: THE ALT CURRENCIES BUBBLE IS BURSTING... on: November 26, 2014, 01:35:09 AM
Just reading the bullshit in this thread is like watching Fox Five news...

If we can estimate that there are around 1million Bitcoin users globally and most don't even own 1 single Bitcoin(according to a survey done here on bitcointalk). What does that tell you?

That tells you that the people with serious money aren't in the game yet, or not enough of them are. If you guys count these small million dollar marketcaps and etc, as Bubbles, then you need to rethink. Most people don't know Bitcoin exists, they don't own any Bitcoin, and aren't inclined to atm. When the average joe starts rushing to buy Bitcoin and/or altcoins, then that's when things really begin.

As of right now, you're all early in the game.

That's absolutely correct, and highlights as well why you are completely wrong: people with serious money having serious money because they know how to invest, and people with serious money, plus VCs and institutional investors certainly will not invest in shitcoins that loose 90% of their values in 3 months. There is enough data by now to make conclusions about shitcoins - and you can see on the current market what's happening when such conclusion is about to be made.

Bitcoin is a different matter, Bitcoin will be fine.

You have no idea what you're saying. Bitcoin startups has had over 200million in VC investments. Bitcoin obviously lacks the ability to just add on w/e features it wants because of politics and the rest, altcoins however are free to do so.

This phrase; "Bitcoin is a different matter, Bitcoin will be fine.", is 100% bullshit as well. Bitcoin on it's current track without intervention will inevitably fail due to being partly centralized by mining farms. Altcoins are new, they don't face such centralization, yet, so if any investor wants to invest in the cryptocurrency scene, he'd go for promising altcoins as well as Bitcoin. Until large investors can soundly invest a cool 100million in a cryptocurrency without raising the price skyhigh, then we haven't reached "mainstream" yet.

Take you bullshit, biased, beliefs elswhere. Your opinion doesn't matter, you can't define something as a "shitcoin" because it doesn't meet your expectations of what it should deliver and when etc. And as I said earlier, these small single digit million dollar marketcap's that some people think is "High", for altcoins shows that this entire cryptocurrency scene is just in the beginning.

The problem with your statements is that they are stupid. And, inevitably, uninformed.

As far as public awareness, the latest published poll, coming from the UK, shows that 72% of the people has heard of Bitcoin. There are very few single name things or people that the general population on any country has heard of at the level of 72%. So awareness is not the problem. Likewise, the bitcoin penetration in the general economy continues growing, albeit slowly. But growing.

Meanwhile, the shitcoin bubble, otherwise known as the altcoin scene, continues bringing in new shit projects that go by the wayside within weeks, 99% of the time.

A bigger problem for Bitcoin though is that, although it is generally know by the vast majority of people in most advanced countries, it has the worst reputation possible due to scams (such as Gox and other exchanges) and it's volatility which makes it unusable for most merchants since ity doesn't represent any advantage, in and of itself, to FIAT.

Altcoins aren't even close to the front door of entering the economy in ANY way. Nor will they ever... although the gaming/gambling industry cual become an exception if Breakout Gaming is successful with it's BRO project, which so far has been a terrible disappointment failing to attract any real investors or even pump and dumpers.

Reading your post and lack of knowledge on this made me literally facepalm myself multiple times in linear order.

I'm done, believe what you want. You're mostly wrong on your beliefs. Most altcoins are worthless or copycats, that's true, but you obviously can't see that Bitcoin isn't perfect. For ex: it's privacy is lacking, it's transaction times are lacking, etc, and of which altcoins improved/can improve upon. It seems you've been burnt by investing in altcoins, that''s you're problem. Open up your eyes.

You know, it's also funny when you make up lies mr barabbas, now everyone reading this thread can see you for the liar you are. Most people have never heard of Bitcoin, and those that have don't own any Bitcoin. So take your opinions and go elsewhere. All of your comments are opinionated without any knowledgeable thoughts behind them. You frankly make no sense. It's too early to argue whether "the altcoin bubble has burst", because it hasn't started yet.

http://www.thestreet.com/story/12306983/1/three-in-four-people-have-never-heard-of-bitcoin.html
http://www.forbes.com/sites/perianneboring/2014/02/22/bitcoin-basics-for-the-76-percenters-who-dont-have-a-clue-what-it-is/

Again, the problem with your posts is that they are STUPID. Which is made worst, exponentially, when you ridicule yourself calling people names or, in my case, a liar, being that I never, ever, lie. Ever.

And to "prove" that yopu are right -instead of posting the stupidities that you post- you offer 2 links from the beginning of this year, 9-10 full months ago, when in effect, the awareness of Bitcoin was ,truly, significantly lower than it is now. I, on the other hand, quoted the LAST, MOST RECENT published poll (Coindesk, I believe).

And I haven't been burnt by altcoins more than you or anyone one else that has ever traded or invested in them. I am just quite aware of what is going on and what is going one, shared as you can read, by a great amount of people, is that the liquidity is gone, there's no more money to scam and, still, there's nothing of any value offered by alts, any alt.

But, since I don't moderate -nor will ever- any thread, you are welcome to keep on embarrassing yourself posting more stupidities.
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