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I don't really think you guys need to attack coins or extort people. This is real money and doing these things will hurt real people. Not just the people pulling the scams but regular people that have invested hard earned money. Eventually and I'm sure it's coming soon if not already there will be exchanges that only take decent coins. Along with educational sites explaining common scams and ways that the small markets are manipulated. So for the time being I would advise everyone here that really isn't a jerk and truly wants to help people to just get the word out however you can about the scam coins and try to help any newcomers to the marketplace.
maybe they should start educating people about the good and bad points about each coin and let people decide for them self what they want to invest in Except this is not an attempt to fix a problem, but to desaturate the market to help whatever coins the perpetrators have invested in. Considering the founder is an admitted conartist, and the participants advocate outright extortion.
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What blows my mind is people have been getting robbed by society for your whole life. And you haven't lifted a figure I bet. What to make a difference stop buying gas. Leave your money out of banks, etc. What happens here isn't even effecting society negatively. How about you take your energy and passion and fight for a real cause not some make believe cause that you rationalize cause now your not cornering the ALT market and being able to make money easily. I bet you just want a few coins in the market that you already bought low and can make big money off if the market is thinned. There is no "Cause for Crypto" just more greedy SOB's trying to disguise their scam as doing good. And no different then the coins they claim are hurting people. People get ripped off everyday tons more then they do here. Go fix those problems odds are in the process this tiny problem will work it's self out.
Black hats do shit like this for their own personal gain. You want to fuck people by "Driving coins to 1 doge" Making them bag holders and taking their money. What a joke. The newest scam in Alto. OP SC. FFS
They're alleging to fix a problem by creating a much larger problem. Extortion with a dash of racketeering.
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"I have here a list of known scam coins!"
Joe McCarthey all over again. 10 btc to create a coin? The ones behind this lame brain idea truly are delusional, most people don't even have more than 1 btc to their name and they expect developers to come up with this kind of cash?
It crushes potential innovation through selfish brutality.
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Instead people seem to be going the easy route: mob mentality, criminality, brute force, and destroying other coins.
Yep, this is a mix of vigilantism and organized crime, lead by an admitted con artist.
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then lets organize what do we need to do to have these guys removed....keyboard mafia unbelievable...
Well I don't really know for sure. I guess report them to the mods. That doesn't stop the action, though. In real life, if someone came into my business and threatened me, you'd have the ability to physically retaliate. How do you "retaliate" via the internet? I think for now, the best option is to campaign to have them relegated to somewhere less public. Make strides to identify their members when they try to resurface. That sort of thing. I will say that some of their postings, as well as some of the bizarre coincidences seem to suggest these people are actually following through with their vigilantism. Maybe that's enough to report them.
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It's rare that I can agree with a post on the maza thread, so I'll jump at the opportunity - you're right, these self-appointed nazi's are behaving in an even shittier way than the shitcoins they claim to police, even shittier than maza.......... sorry, couldn't resist Not so much Nazis, but definitely Mafioso. This is what they're suggesting in that thread: allow coin devs to submit applications proving that their coin is legit. The application can have a BTC fee associated with it.. to prevent attacks to their coin.
Complete and utter extortion. I haven't been around here long enough to know how things work here, but on any normal forum, most of the people supporting that thread would be banned. They are supporting criminal activity and mafia style tactics. I realize the alt section isn't moderated a ton, but still ... shouldn't that be the sort of thing that gets people thrown off this forum? Well this entire thing (Cryptos) are in their infancy. I'm not sure how it should be handled, or how exchanges can combat it without central authority (which I DO NOT support.) But I will say that Bitcointalk is de facto supporting this behavior by allowing them to post about it here, and "recruit." If I ran the forum, I wouldn't allow it here. It's really under handed.
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This is the EXACT reasoning the Mafia attempted to claim while demanding shop owners pay "protection." They claimed it kept ne'er do wells, and shops that didn't support the community out.
You're trying to profit off threatening people, and creating a wall to keep coins that may not have to investment capital to play your game out.
That's the definition of extortion, and you're not fooling anyone.
Besides, the Dev's wouldn't pay. They'd take up a collection and you'd be taking that money from other people, even if the coin WAS a scam.
You'd only be fucking over regular joes.
As was said many times: this is not real money, there are no real damages here. This initiative would just be protecting community interest. And you can't expect these guys to do it for free. It's a lot of effort in hashes and multipools that needs to be run for this operation. They need to recoup some of that somehow. I mean BCX and others are great guys, and i'm sure they are well funded, and would be donating cycles. But we can't just expect them to do this out of their kind hearts. They should be compensated. The best way to compensate is to get BTC from an application fee. That is, if the alt coin dosen't want to get attacked. haha you are giving a text book definition of extortion. If you want to pay them for this "service," you can do so. If you tell someone else to pay for a service YOU want, by an implied threat? Extortion. ex·tor·tion: the crime of obtaining money or some other thing of value by the abuse of one's office or authority, taking property through implied or demonstrated use of force to damage one's standing. For instance? The concept of this thread is stupid. I have no use for this "service." Just because YOU want it, doesn't mean you should force it on others by threat of attack (your words.)
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It's rare that I can agree with a post on the maza thread, so I'll jump at the opportunity - you're right, these self-appointed nazi's are behaving in an even shittier way than the shitcoins they claim to police, even shittier than maza.......... sorry, couldn't resist Not so much Nazis, but definitely Mafioso. This is what they're suggesting in that thread: allow coin devs to submit applications proving that their coin is legit. The application can have a BTC fee associated with it.. to prevent attacks to their coin.
Complete and utter extortion.
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allow coin devs to submit applications proving that their coin is legit. The application can have a BTC fee associated with it.. to prevent attacks to their coin.
I believe that's called extortion, or racketeering depending on how you go about it. These guys are already affecting innocent people ! Since they put ADT on the list there has been a notable amount of buy orders being removed and more people dumping there coins its unacceptable to label a coin a scam and actively encourage people to dump there coins with the threat of attacking the coin without giving any evidence that the coin is a scam! by all means kill the coins that are proven scams but don't destroy coins just because 1 person says there a scam ! They have members advocating outright extortion. This is pretty shitty.
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allow coin devs to submit applications proving that their coin is legit. The application can have a BTC fee associated with it.. to prevent attacks to their coin.
I believe that's called extortion, or racketeering depending on how you go about it. I call it.. doing the public good.. keeping bad scam altcoins away from noobs and consumers. And who really pays? just some scammy altcoin devs that ought to put their money where their mouth is anyhow! This is the EXACT reasoning the Mafia attempted to claim while demanding shop owners pay "protection." They claimed it kept ne'er do wells, and shops that didn't support the community out. You're trying to profit off threatening people, and creating a wall to keep coins that may not have to investment capital to play your game out. That's the definition of extortion, and you're not fooling anyone. Besides, the Dev's wouldn't pay. They'd take up a collection and you'd be taking that money from other people, even if the coin WAS a scam. You'd only be fucking over regular joes.
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allow coin devs to submit applications proving that their coin is legit. The application can have a BTC fee associated with it.. to prevent attacks to their coin.
I believe that's called extortion, or racketeering depending on how you go about it.
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hit 10k today!
This is really flying along.
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Market cap broke 5k!
Great job everyone.
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A spot of good news, the Marketcap has been increasing by about 5-10% per day. Not too shabby. Glad to see it, going to write to every crypto news site I can find to see if they'll write a story on us. That's a smart move. I think a powerful marketing rout is getting the mainstream media to write about it as a Bitcoin style coin that is the 'new guy' on the scene. It would be highly beneficial if there was a guide that came up on a Google search on how to easily buy credits with fiat currency, and obviously we need more retailers so you can actually spend them credits. The coin that will be successful will be the one that has such a good marketing approach that the coins appeals to your average Joe. Mainstream media is certainly a good start, but a difficult task. Absolutely. It goes without saying marketing is the most effective way to maintain the growth of this coin. Keep writing emails. Keep bumping this thread. You'll get it there.
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A spot of good news, the Marketcap has been increasing by about 5-10% per day. Not too shabby.
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any news on the credits poker room?
I'm willing to donate another significant amount of Cr, but I'm waiting for this news, as well.
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Bear in mind too that the value has been much higher than it is now, but with the increasing block reward value has realistically fallen when paired with inflation. Value will regain with decreased block rewards. Give it a month or so.
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Those cost 1BTC to get into (all together, not each), which we're trying to raise right now.
How much is left? Let's put something up and do a donation drive with a big goofy thermometer or something. We don't have any of it raised yet actually as I just found out about the opportunity rather recently, but yeah I'll look for some sort of BTC fundraising thing to put up in the OP I can give more when the fundraiser becomes official. I have some BTC tied up in Cryptorush right now. But I'd also like more community involvement in the donation process.
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Those cost 1BTC to get into (all together, not each), which we're trying to raise right now.
How much is left? Let's put something up and do a donation drive with a big goofy thermometer or something.
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