So there seems to be hoards of Litecoin threads, Either vehemently for it or against it claiming 'official' death. Most of these threads are self-moderating so as to reinforce the views of the original poster. Which is bullshit nonsense. So here is an unmoderated thread (by myself at least, Forum mods still apply) where you can freely discuss. https://bitcointalk.org/index.php?topic=663590.0My personal views on Litecoin are that it has very little reason to hold the #2 spot anymore. The majority of the reasons it ascended to the #2 spot are no longer valid arguments. Sure it was 'ASIC proof', We all know how that worked out. Sure it wasnt BitCoin. But there is 100's of 'Not BitCoins' now. It was innovative until 9000 other people did it and improved or experimented with the formula.
The one thing that is still a valid reason for it to retain #2 is seniority and perhaps derivative works Another interesting way to look at coins would be to rate them by Algo, of all coins using a specific Algo, which is top for each. Now rate each algo by relevance or importance. And that is your new 'top coins' I think so too. Litecoin has seniority, but can that alone guarantee its future relevancy? Perhaps I am wrong, but there are a number of more innovative coins with more energetic user base. I see them closing the gap with Litecoin with each passing day. One could argue that Bitcoin survives because of seniority, and seniority is the reason for Bitcoin acceptance, so why not? Maybe Litecoin is boring because there is no Silk Road, there is no MtGox (that one was close), almost no lost and stolen coins. Those are likely THE reasons Bitcoin ascended, and are no longer valid arguments, but they played the major parts of making it. So, both Bitcoin and Litecoin are changing fundamentals, is that a bad thing? All I see is that both BTC and LTC are growing up, older brother is still young, younger brother is even younger, and the other alts are babies. BTC and LTC are innovations that are still not understood and/or used worldwide, and I'm still waiting for the next really useful mainstream innovative coin that survives longer than pump&dump (it will happen one day, of course, I'm not saying everything sucks). And to have a good pump, energetic user base is created on newer coins when needed. But we are not discussing the merits of Bitcoin now, are we? That will take another thread and a thousand. Litecoin positioned itself as the 'silver' to Bitcoin's 'gold', and you have to admit that allowed Litecoin to prosper in the slipstream. Just look at the historical correlation between fiat value. It also doesn't hurt that most of Litecoin's whales are also Bitcoin whales. However, while Bitcoin's public perception has leaped by the order of several magnitudes, has Litecoin done the same? Has Litecoin distinguished and cemented itself as, to borrow your analogy, the younger brother? Or is it merely a displaced and dare I say, undeserved sense of entitlement? Consider the community. Take a look at, say, Peercoin. Have you visited their forum? For example, look at the stark difference in how the Litecoin and Peercoin communities handled the video making campaign. Consider the funding, fervor and professionalism. What about Reddit? Look at say, Darkcoin. The first page is filled with new threads from the last 24 hours. Litecoin, on the other hand, has threads that dates back a week. You may find this hard to believe, but some of the third-tier altcoins today have communities that is far more vocal and louder than Litecoin. If you don't believe me, take a look at say, Minerals, and you will see what I mean. Consider development. Bitcoin has a thriving development community that features some of the best and brightest. As a non-programmer, I sometimes spend hours reading through the threads here - it is that interesting. Ditto for Nxt, Darkcoin, etc. What about Litecoin? I was literally shocked reading this Litecoin wiki entry by Warren Togami explaining why Litecoin is rejecting X11: https://litecoin.info/X11 . The level of wrong and opinions-disguised-as-facts here is something one would expect from people like you and me - not the Lead Dev of LTC. Finally, a great indicator of Litecoin's presence within the general public. Here's some screen caps of Google's related keyword search data for • Bitcoin: https://i.imgur.com/YoC0jvL.png • Litecoin: https://i.imgur.com/KrVax0U.png • Dogecoin: https://i.imgur.com/0m6msJ2.png• Darkcoin: https://i.imgur.com/m3Xnpme.pngThings that you noticed from the above: • Litecoin lags significantly behind Bitcoin - by as much as 30 times less • Dogecoin generates higher related search queries • Darkcoin generates up to a third of Litecoin's search volume, just several months after launching - and rising. Bear in mind, the search terms used fits the profile of people from outside of crypto, and thus, is a great comparative indicator of the level of brand awareness for the four coins. Let me be clear that I am not a bagholder of any of the coins mentioned above - almost 95% of my cryptos are in BTC. Let me also be clear that I am not likely to return and respond to this thread. I don't usually spend too much time writing - I prefer to read and/or make money.  However, this needs to be said: Litecoin does not have an automatic claim to be the silver to Bitcoin's gold. It has to work and earn that position. While Charlie Lee is definitely an incredibly brillliant, brilliant man, he is not a messiah capable of orchestrating community-wide PR, development and adoption campaigns. Scrypt has lost its shine, and you cannot just depend on giant miners to secure the network (or the goodwill of Coinotron to not launch a double spending attack). Neither can Litecoin just coast along behind Bitcoin. The sky is definitely not falling - but it is going to rain, and denying it won't turn the dark clouds away (boy, I am so good at making awful idioms). |
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Sorry, no. I left your pool a while ago. Didn't notice I was mining vapor for an hour. |
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So there seems to be hoards of Litecoin threads, Either vehemently for it or against it claiming 'official' death. Most of these threads are self-moderating so as to reinforce the views of the original poster. Which is bullshit nonsense. So here is an unmoderated thread (by myself at least, Forum mods still apply) where you can freely discuss. https://bitcointalk.org/index.php?topic=663590.0My personal views on Litecoin are that it has very little reason to hold the #2 spot anymore. The majority of the reasons it ascended to the #2 spot are no longer valid arguments. Sure it was 'ASIC proof', We all know how that worked out. Sure it wasnt BitCoin. But there is 100's of 'Not BitCoins' now. It was innovative until 9000 other people did it and improved or experimented with the formula.
The one thing that is still a valid reason for it to retain #2 is seniority and perhaps derivative works Another interesting way to look at coins would be to rate them by Algo, of all coins using a specific Algo, which is top for each. Now rate each algo by relevance or importance. And that is your new 'top coins' I think so too. Litecoin has seniority, but can that alone guarantee its future relevancy? Perhaps I am wrong, but there are a number of more innovative coins with more energetic user base. I see them closing the gap with Litecoin with each passing day. |
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 Jun 23rd
From: Richie
NEB - Nebula offline - investigating claim
There is a claim of a hidden premine. We are investigating before re-enabling the market. Please sit tight.
Premine of 50k has been confirmed. The dev has sent us 30k to be destroyed. Some coins (and devs) lead charmed lives. And some are even defending the dev in IRC. AdvancedD
it wasnt a hidden premine ....just an unmentioned one AdvancedD
well you cant expect a dev to put out and maintain a coin for free ... unfortunate ...and he apologized rather than dissappear
i say we move forward with it
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My IRC convo with Richie. Basically, Rami is against MIN's listing, Bill supports it, and Richie is undecided, as yet. Warning: It's long and regularly interrupted by children.
Lilac: I was just reading a transcript of Richie's conversation earlier, and I noticed he said MIN is a closed source coin. Why did you say that, Richie?
BtcBob
Weekly Hour of Slack radio program's on in 8min @ http://www.wrek.org
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Lilac: Richie, you've been provided with the source for more at least ten days, from what I can see on the thread. And the source has been released to the public as soon as POW ended 3 days ago.
BtcBob
Follwed by "Bob"s Slacktime Funhouse
Zhulick: i'm not up on my open source terminology, but isn't handing someone the source in "for your eyes only" arrangement, kind of the opposite of everything it stands for ?
Lilac: And has the code not been released to public since as promised?
Zhulick: wait, it was out during pow, or just released during pos ?
inteus: seems like the MIN crowd is still crying
EndCiv: needs more dobbshead
Lilac: What difference does that make to your argument? The code is out.
* inteus grabs the popcorn
* Pelk want some
Lilac: And please, stop with the infantile insults. Let's have an adult argument here
* inteus gives Pelk a bag of freshly popped popcorn
inteus: yeah ok
* kernels10 can haz popcorn?
Zhulick: where are these insults ? or are they also closed source, and will be released to the public in another week or so ?
* inteus gives kernels10 a bag of popcorn
* kernels10 thanks inteus
inteus: Zhulick: oh that would be the insult I slung
Zhulick: the popcorn ? or the crowd crying ?
Lilac: Please don;t pretend not to see it and don't avoid the question
inteus: Zhulick: about the crybaby MIN crowd
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Lilac: Has the code been released to the public or not?
Pelk: yes after the pow phase
Lilac: So/
Zhulick: yeah, so ?
inteus: yeah, a centralized PoW shitcoin went PoS and code was released...big whoop.
Lilac: None of you are making any arguments thus far
inteus: who's arguing?
I'm just slinging insults here.
;)
Pelk: we are tired of arguments and there need to be no argument = no open source while the mining phase and centralazion is a nogo 100% centralized blockchain
Lilac: So no one can back up their opposition beyond making childish insults then?
inteus: I need a drink
Lilac: You mean like NXT?
inteus: I never said I was opposed
nor for
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inteus: I could care less
Lilac: Then stop with the childish insults.
inteus: I just like watching the drama
umm
no
bittrex-richie: are we on this again?
Zhulick: if you want to keep your sanity, remember what i said earlier - minerals miners live in opposite world... so just take everything that makes sense, reverse it, and you guys can start agreeing on everythinhg :)
inteus: lolz
Lilac: Yes, Richie. Has the code not been released?
inteus: or make your own exchange
bittrex-richie: guys.. dont sling insults ... doesnt' get anyone anywhere..
Zhulick: i can see it now... richie is in cabo by the pool, and someone comes up to him and says - hey what about minerals, and then richies head assplodes :))))
bittrex-rami: lets keep it civil
inteus: aww, but I'm having fun... ;(
bittrex-richie: i havent' read the entire backlog...
* inteus sits in the corner
bittrex-rami: and lets stop talking about MIN
bittrex-richie: but i'm going to answer yes... source has beenr released.. why?
profitus: heeey richie, there you are :P
bittrex-richie: yeah.. was having dinner ;)
not in cabo yet
thats next week ;)
Lilac: You claimed earlier that it wasn't. Sorry for disturbing your dinner.
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bittrex-rami: it wasn't during PoW
Zhulick: you really think these questions will stop next week ?
bittrex-richie: i claimed it was closded src during the PoW phase
inteus: Zhulick: nope
Lilac: "<johnnn> I hated the idea of a closed source coin
[18:41] <@bittrex-richie> and thats teh precedent we are tryign to stop[/u]"
profitus: @bittrex-richie when you're ready to discuss the logistics of the cfcv2 swap, let me know
bittrex-richie: profitus: oh yes... give me a few
bittrex-rami: coin swaps.. sorry
all out
bittrex-richie: Lilac: do you understand what can happen if someone controls a coin for 7 days?
bittrex-rami: would you like lemon cake instead?
;)
Lilac: This is by far the most decentralized coin out there. Although I have no figures to back me up, the number of individuals holding the coin is by far the largest.
inteus: roflmao
[b]bittrex-richie: Lilac: i acutally don't disagree with you
[/b]
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bittrex-richie: but thats not my personal problem with it
Lilac: I do. But the fears of worse case scenario is gone now with the release of the code and the stability of the network
[b]bittrex-richie: also agree with you [/b]
jimlite: @bittrex guys, is Nebula and Veil waiting till tomorrow, or tonight?
Zhulick: one entity controlling all the mining = decentralized... bizarro world...
bittrex-richie: but with every successful coin, someone will copy it...
and try to use the same closed control distribution
inteus: Zhulick: that's what I was thinking....where'd I go wrong?
bittrex-richie: and next time, they may not be as honest... that is the precendent i am tryingo to stop
Zhulick: inteus, just think of everything in opposites, and it will start making sense...
inteus: Zhulick: lolz
Sevith: so not adding min then ?
bittrex-richie: btw, i'm speaking for me here... rami bill and i are still in discussions about it
Lilac: I understand, but this coin should not be punished for the chance of a future rogue developer. RIght?
bittrex-rami: Lilac: its not that simple
Lilac: Similar to conventional distribution model
bittrex-richie: lilac: so next week when fobar coin launches exactly the same
distribution method.. and everyone gets their hash reused and everyone gets scammed
Sevith: did min scam someone ?
bittrex-richie: no
bittrex-rami: we don't actually know that
bittrex-richie: stop talking about min for a second
Lilac: Rogue devs are instamining like there is no tomorrow. that's a huge flaw in the model, but we persist.
bittrex-rami: for all we know they did
Sevith: not me
bittrex-rami: that's the problem
bittrex-richie: talk about the distrubution method..
forget coins..
do we want reward develoeprs controlling how and when a coin is distributed?
also
Sevith: think of it on the other side of the fence, what if it wasnt a scam and they were just trying to level it out for the small fries and not the big farm?
bittrex-richie: even in instamine and premines etc..
its all exposed from day 1...
to everyone that wants to look.
Lilac: Correct. Members of the community like you guys can verify the code.
bittrex-rami: Sevith: you know the big 'farms' are just miners too right
Lilac: Do not list until the code is public - that's a right decision by you guys
bittrex-richie: i am just one person.. i dont' trust jsut me to review code.. i trust the entire comunity to reiew code
bittrex-rami: what makes them evil, and worthy of exlusion?
Sevith: i know ;)
bittrex-richie: in this case... 4-5 places had the code
Zhulick: and usually the big farms are "old timers" who have the farms because they have done well in crypto...
bittrex-richie: versus hundred/thousands of eyes on it
please understand i have nothing against min
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bittrex-richie: i acutally like the community and i love starcraft..
inteus: Zhulick: but they should be punished!!!
EndCiv
For instance.. (Bob) finding its way into the hands of the SubGenius, by paper wallets handed out at X-Day and through private Faucet url's given out only to it's FB/Twitter/Google Groups and forum.
bittrex-richie: but i don't want to have to deal with this in a week when another coin copies what MIN did.
Lilac: I don't know Richie. For the first time I truly feel a part of an open source movement. For the first time I feel competitive. I don't have much coin. To be honest, I have less than 9k, But I am shicked at the level of misinformation being directed at MIN
*shocked
bittrex-richie: what misinformation is that? there are a few simple facs
facts
1) the developer decided who got to see the code
2) the developer controlled all the hash power.. AND he controled the blockchain... including the ability to fork, reverse, or do anything with it
and i mean during the PoW phase
and by no means am i saying this dev is bad... i'm saying we are giving devs yet another avenue to do bad things
Lilac: Agree. But would you also concede that (i) Code was released as promised (ii) The community used the block explorer to verify the six pools hashes
[b]
bittrex-richie: yup
completely agreed
i have no beef with the coin in its current state [/b]
Lilac: (iii) More small time miners were able to participate with the exercise
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bittrex-rami: but that's the part I disagree with
Sevith: You know
Lilac: Excellent
bittrex-richie: i have a problem with supporting a closed distribution PoW period that may or may not get popular
Sevith: it doesnt matter to me if you add it or not, cuz ill sell it, and tbh i just dont want to use ccex cuz they are total shit
;/
bittrex-rami: a) people were easily able to circumvent the 50Mh limit
Lilac: Don't. Never do anything that is unclear, shady or unverified
Pelk: ^
@rami
bittrex-rami: b) Pools INCLUDE small time miners
why do you think that pool = whale with bottomless pockets
that's just silly
Zhulick: minerals = a basketball league specifically setup for short white guys who cannot dunk or dribble, and only the ref knows the rules... you know - for fairness and stuff...
Lilac: Yes, but I have mined before with my PC at pools, and I know where I stand
bittrex-richie: its communism at tits best heh
merx: &^^^^^^^^
+1000
bittrex-rami: I'm sorry.. dress up the socialist pig all you like
* merx back to shadows
bittrex-rami: its still a pig
* inteus pokes merx
Pelk: i see no difference between a small miner who invested 1000€ and gets 100€ or a big farm with 10000€ and gets 1000€ there is no difference
merx
more off topic, but similar point here
you actually do more to stabalize the price of your coin
by letting big fish mine
Lilac: There is a difference. Large miners can dominate the supply, distribution and pricing with their enourmous hash
bittrex-richie: lilac: and please don't take anything out of context... i have no issues with the coin as it is today..
merx: big fish are more apt to hold longer.. as they may not be as concerned with quick roi
Lilac: and thus, enabling pump and dump
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merx: with the rental game, anyone can do that
Lilac: Richie, I;m glad to hear that. I was shocked at how you labelled us as fanatics ealier
merx: not limited to hardware anymore
bittrex-richie: Lilac: you should see some of the peopel taht come in here
im happy to lay out my throughts and views
but peopel that come in threatning and swearing is ridicoulous
Lilac: I know. I have come across a few at C-Cex. But you are one of the largest figures on the landscape, Richie. What you say carries weight.
Hence my concern
== EnJoyThis [~EnJoyThis@5468B15F.cm-12-1c.dynamic.ziggo.nl] has joined
bittrex-richie: And people take what i say and take it out of context and post it ...
that why i suually keep my mouth shut ;)
[b]like i said... rami bill and I are stil debating on what to do
with great power comes great responsilbity crap [/b]
Lilac: Fair enough. We can ask for nothing more. As a parting note, check out MINs price growth at C-Cex. Have you ever seen anything similar? It is organic. :)
bittrex-rami: *blink*
what have you done with richie
[b]bittrex-richie: Lilac: yeah i've been watching it... trust me.. id rather not see you guys deposit BTCs in that place
for the safety of your btc [/b]
Pelk: lilac take rzr as a good example of big ascic and stable price
Lilac: Thank you
Pelk: 80ghs nethash
!price rzr
bittrex
bittrex.com - BTC/RZR bid: 0.00207504 ask: 0.00212990 last: 0.00207502 24h Volume: 614.49822167
BtcBob
You all WILL FRY in HELL ON EARTH alongside the PINK BOYS, come X-Day ..without "BOB"
Not a threat.. I'm just say'n
EndCiv
=)
Lilac: Bittrex is at least 20-30 times larger than C-CEx. Imagine what Bittrex could do to a coin without any giant bagholders...
bittrex-richie: eheh
there is ALWAYS a bag holder ;)
Zhulick: yeah, usually me :))))))
powersup: I think, for now its pointless trying to convice bittrex to add Min
they will, or wont add it in the future
Pelk: lilac the 50mhs was so easily to abuse
system*
Lilac: I know Pelk.
bittrex-richie: i dont midn having intelligent conversations about it
powersup: If the coin is a true pioneer other exchanges will pick it up
Lilac: But it was a deterrent of sorts
bittrex-richie: i bug mingers.... i bug pool owners
powersup: and it will remain tradable
Zhulick: it was a deterrent from competition...
powersup: and im not talking about distribution
bittrex-richie: i still havent' made up my mind..
powersup: im talking about the next phase
Lilac: Powersup, Nah, I can sense the gears shifting in Richie's head (not Rami though - he is just about to zap me)
[b]bittrex-richie: eh... rami is against.. bill is pro.. i'm on the fence... [/b]
EndCiv: I shoulda gone balls out hostile.. instead of using humor
bittrex-richie: if you must know
powersup
chill, as i said, they will or will not add it
you can show a horse to water
bittrex-richie: but we all flip flop lol
BtcBob: no.. balls out is a very bad look for you bruh
Lilac: Alright fellas. HAve a great rest of the evening.Do what you think is best
bittrex-richie: take it easy
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Mineral can you answer me something please
"Outdated info, POW stage is over:
These are the only legit pools that you can mine Minerals at:
SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"
If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??
Does this seem fair to everyone?
Please let me know as I am curious if my math is wrong. Its early so it may very well be lol
No and here is why. So if 100 pools charged 1% then they would have 100% of all coins using your maths. let me put it this way, if there were only 2 pools to get all the coins from, and those pools mined all the blocks, and took a 1% fee from each block, then would those two pools not each own 1 percent of the total coin? once all coins in POW were mined?. This is very simple. I don't understand how you are not understanding this. Assume coin total is 100. 1% of 100 = 1 If two pools, each charging a 1% fee, mine an equal amount of coin, they will end up with 50 coins each. 1% of 50 = 0.5 x 2 = 1 Coin total do not become 200 just because it is mined in two pools. |
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am i the only one seeing the irony here ? here's a coin whose sole goal was exclusion... exclusion of the pools, exclusion of the exchanges... pretty much total control of every aspect of mining and trading... and now that some of the exchanges have decided to exclude this coin, suddenly there is bitching and moaning ? irony ))))))) Hmmm. I don't think you really understand what 'irony' means here (but I've never seen anyone use 'irony' more times in a single thread, so well done!). why would they ?
would you ever get involved with a venture that is specifically setup to ostricize you and paint you as evil ?
So you're saying that there was no exclusion then? That is was simply a matter of pool owners' not playing because they have to adhere to the 50Mhs cap? And said cap iz BAAAD because it gave ordinary miners the ability to actively participate in a goddamn peer-to-peer cryptocurrency, instead of fighting for leftover scraps at the foot of the dinner table? To be honest, I don't really have strong feelings for Mineral. But the mounting opposition from pool miners and their proxies is making me dig my heels in. I know, the fear is that if this succeeds, future clone coins will implement similar mining caps - which will effectively destroy most pool operators' rape and dump business model. I can emphatize with that. After all, some pool operators have spent hundreds of thousand dollars worth of new equipments. I feel so sad that I am shedding ONE, nay, TWO tears for them!  |
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1. It's not even 6.30am in Seattle now. Richie probably hasn't even woken up yet. And yet there's been more than ten people asking about listing and his suppose promise (which he didn't even make).
2. Don't antagonize exchanges. Criticising exchange owners aren't going to get Mineral listed. Create threads elsewhere if you really want to do so.
3. Read the thread before posting the same question over and over again. For example, the MP payout time has already been replied to last night. But people keep asking the same question over and over again.
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Anybody sell some Minerals? Or is there a trhading tread?? thanks
OP should start a trading thread. Assign a trusted member of the community to act as escrow in that thread and reward the person with a 0.5% fee. I'm sure many are not comfortable using C-Cex, plus the prices there are really low. Win win all around. |
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No. Decide internally amongst yourselves. Public voting only favors designers with sockpuppets. |
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we will take community opinion and choose the winner
Good. Decide on your own. None of the community voting crap. Otherwise you will end up with a mediocre coin designed by sockpuppet masters like in the recent Quazarcoin contest. |
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The level of fraud, scamming and deceit in cryptos, and very specially in the more and more crowded field of alternative currencies, has reached levels that simple common sense would indicate that something's got to give. It is the responsibility of all those who believe cryptocurrencies are a real alternative to fiat, to protect the single most vulnerable aspect, the most damaging of all, the one that makes every "normal person" literally "run for the exits" when cryptocurrencies are mentioned. Everyone knows fraud and deception is rampant. There's no accountability of course -not yet anyway-, and therefore it is kind of inevitable. But it is our obligation, in my opinion, to police the field to the extent that we can, to protect the integrity of the world of alternative currencies. There will always be scamers and schemes to take other people's money, but at least those coming in with greed in their eyes and hope in their hearts, would have a thread that can show some obvious red flags before jumping into those scams that leave always victims and increase the bad reputation of cryptos. Even when caught pants down, all the scamers have to do, is change their handles and they remain anonymous. This has to stop. They also clear their announcement threads of "FUD", a clumsy pretext to delete "inconvenient" posts that otherwise would linger forever and would be available for research. So, not only are they always -or almost always- anonymous, but they always -or almost always- censor and delete posts on their threads that bring about inconvenient subjects, including potential details of their scams. The scams are protected; the devs, hidden under their anonymous and usually multiple handles, remain anonymous and ready for the usual rinse and repeat... well it's time for a little reckoning. Leveling the playing field somewhat, so to speak: Here's the WALL OF SHAME. Every con, every fraud, every red flag will be posted here. And no, the burden of proof will not be on the posters, but on the devs. Enough of this shitty situation in which they can and do hide under several veils with total impunity. A red flag will be enough. If someone deletes [posts and censors users on their threads, that would be their ticket to enter the WALL OF SHAME; If they delete posts that contains relevant questions that they prefer not to answer, they have gained their post on the WALL OF SHAME; if they say "no pre-mine" and there is in fact indications of other ways of accumulating the coins by taking advantage of their situation: WALL OF SHAME...
Everyone is free to act any which way they choose, but the WALL OF SHAME will be here to collect all the bad guys of crypto, their handles, their schemes, their coins and every other detail that other users would volunteer.
Lets level the playing field.
No more impunity.
Lets eliminate the bad players.
1.- Templar77, real name Carlos R. Torres Ferguson, out of Mexico DF and the shame behind, among others, Universitycoin, Grumpycoin, Libertycoin and, if it comes to fruition, the upcoming X coin. Read about him in the several different threads of those coins. In many of them you won't find hundreds of posts that have been censored, but you will find entire threads with his exploits and those of his associate, Loljosh. Be aware of these guys.
2.- The Doge of Wall Street, aka Eugene (Yevgeniy) Rokhlin and his associate St.GNU. The former is quite public -he participates usually in the "Blackcasts" on YouTube, the later prefers to remain anonymous. He is the "Don" at Blackcoin and there are substantive charges about him/them pre-mining (to the tune of almost half the entire float of BC) the "no pre-mine" Blackcoin. Besides that, they own the multipool that services Blackcoin, as a separate business and used to "strategically buy BC in the open exchanges... when convenient". Convenient, one assumes, for the Don and his "group of investors" (that would be The Black Hand, a group of investors who operates in cahoots with Rokhlin and St.GNU and that in fact determines all the strategies from the inside. This is an organized group, represented by morituri13/dognip in the community (the guy in the infamous flower pants picture of Soepkip), who "donates" to the pool the Titan miner, for instance, and, obviously, determines when and ad what price the pool buys in to proceed with the usual pumps and dumps that are the base of the income of The Black Hand. Meanwhile, The Don and St.GNU continue dumping their estimated 35-40 million blackcoins premined acquired in the early hours/days of the PoW period. There's plenty of info about the schemes all over Bitcointalk, but don't expect anything remotely in that direction in any of the current managed threads other than the ones dedicates to exposing it specifically: The censor, with extraordinary dilligence, every post that even remotely points in that direction.
3.- This is a new one, the most recent: CLOAK. His dev is "Alty", who also uses the handle "TheDagger". He may or may not have pre-mined (still some PoW as of this writing pending), but he certainly doesn't answer pertinent uncomfortable questions like the one about a charge that while the two initial dedicated pools had a hashing rate of less than 20MH, the entire network boasted in excess of 20GH... Mind you, that is a situation that could happen without any devious scheme going on. Nor very usual but certainly possible. But if that were teh case, would you, as a clean dev, take advantage of the opportunity to explain that you in fact are only responsible for "x" amount of the 20GH+...AND show clear proof of it to dispel any doubts? Now if, on the contrary, you not only avoid to provide an explanation but quickly proceed to delete the posts and ban any questioner from the IRC channel, wouldn't that raise a significant red flag? It is certainly not the best way to provide confidence, trust and transparency, is it? So, since it is very cowardly to not just avoid the questions but delete the posts so others don't pose the same lingering questions, the playing field is leveled: If "Alty" or "The Dagger" provide proof positive they did not pre-mine CLOAK, they (he) will be taken down from the WALL OF SHAME. If not, here it is for everyone to be aware (and cautious) about it.
Fantastic thread. I hope this will be stickied so more people will know and be made aware of this. A few suggestions. 1. Use more paragraphs - really hard to read the first paragraph. 2. Add more multi coin dev who participates in pump and dump - Shakezula, Baritus, r0ach, iGotSpots, BryceWeiner, etc. 3. Add more coin devs who misuse IPO money - Keccak/Heavycoin, JacobUX/Panda, etc. 4. Add more Chinese dev groups who are starting to drown the market |
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Great thread, OP. Better using a decentralized exchange like the one in Nxt.  No discussion yet of DECENTRALIZED exchanges? The Nxt Asset Exchange can never run away with your money because nobody controls the exchange. It's not perfect, of course: we're still waiting for features that help broker trades between blockchains (so you can trade other cryptos trustlessly) but these are in the works. http://Http://Nxt.orgDo NXT bagholders realize they are merely creating resentment against their coin by endlessly pimping and spamming NXT for just the slightest excuse? |
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Sunny King, the anonymous developer behind Peercoin Let me fix that for you. Sunny King, the anonymous developer behind at least twenty other alt coins... |
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Coin-Swap just tweeted about the opened market. Minutes later, there are already millions of coins being dumped with prices as low as 1 satoshi.
Did the exchange do the dumping, Mr. Producer?
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please the dev ,have you find the exchange? or you can write a new post to make pepole konw your coin.
I write post's based on development and updates, I am careful not to spam the forum or have that appearance, I welcome you to create a post based on your views of activecoin and to bring more awareness to the coin, use reddit and tweet about activecoin too, all these things will help your activecoins gain value, I am restrained by time and budget to do much, having said that, I will pay for a listing within 2 weeks to be listed to an exchange if it is possible (if a exchange will list it for paid votes), the problem with this route is being listed does not drive the price up and your coins may possibly fall below the cost of having mined them (I think they will be priced above cost of mining though) some exchanges have already shot activecoin down and will not list it for odd reason's - i think it has given me insight into the character of who is operating a few of the exchanges and I hope to not ever be listed on some of them that most likely are scam sites (not pointing fingers) a few of the exchanges really want to see a larger active community. You should personally tell other people about activecoin, get them to use the online wallet and android app, get developers interested in participating, if this coin centralizes around me then it will have failed in reaching the goal of being decentralized, that kind of makes me sick cause I hate bankers and do not wish to assume the role just cause I launched a coin, time will tell I do most of my work on weekends so there will be some forum post's, but follow on twitter and subscribe to reddit for other updates and projects. There will be an update coming  so be sure to watch for it. I am going to giveaway some play giftcards today, still 2 Amazon cards have not been claimed. Realize that most coins are launched and driven by people with more experience than myself, if you can get some of them interested in pushing this coin forward to being more decentralized, awesome! I am open to any suggestions and would love some help to raise awareness. Depressing read, this. Mr. Producer, I am not sure what you expect the 'community' to do here. We can't promote the coin and turn it decentralized just on your say so. There's no website, no activity, no exchange, a ghost forum thread, a ghost Reddit, etc. The online and Android wallet is next to useless since there's no exchange and no merchant. Miners have been mining the shit out of this coin and the longer you wait, the bigger the dump will be. But not on the tiny market of Coin-Swap. Tbh, I wouldn't have mined this if I knew you only plan on working on the weekends. |
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For my blog http://fuk.io i will be making first in history interview [blog is new but has over 1400 email signed people now] and it will be with one of Cex.io/Ghash.io most important guys. Since its nice opportunity i dont want to miss anything that community would liek to know. Please post your questions here, the ones i find good i will add to the interview and i will tip with LGD Legendary Coin [if you will have its adress in signature]. Questions can be about Bitcoin, Cex, Ghash or anything else connected to the company. Greetings, KC. I'd like to forward two questions for your consideration, specifically, on CEX.IO's level of service and respect of client's privacy. On May 1, I accidentally left my cellphone in my pants and threw it in the washing machine. Needless to say, my phone and sim card went kaput. In the subsequent hours, I had to contact over 3 dozen organizations which the phone was tied to (for various reasons, including 2-Factor Authentication). To put things into perspective, my bank reset my online account within four minutes. Cryptsy did it in about twenty-odd minutes after confirming my identity (via the security question). CEX.IO, on the other hand, took 27 days to do so. In case anyone thinks I am exaggerating, I embed below my original request, and their final response yesterday.   Needless to say, several of my request for updates went unanswered along the way (and no one offered an apology either). So, my first question is, is this the level of service we should expect from the biggest BTC miner on the planet? If so, is this level of incompetency symptomatic of the entire operation? In my line of work, I have noticed that low service levels rarely occurs randomly. Instead, it is a reflection of an entire company's management culture. Which brings me to my second question. Over the course of the nightmare, one of the requests forwarded to me was this:  Why on earth would anyone send over their picture, holding their identification documents, to an anonymous person on the internet? Forgetting for a second how this is completely against the core tenets of Bitcoin (i.e., respect of privacy and trustlessness), what did CEX.IO plan to do with my photograph and identification papers, since we do not have to submit anything during registration? What was CEX.IO planning to compare it against? For those wondering, my IP address remained constant during the period; my browser remained open; I had full access to my registration email; I successfully answered the secret question. So, my second question is, does CEX.IO respect the privacy of its clients?I hope CEX.IO's owner can illuminate me on the issue since their Customer Service is evidently above such trivial issues. |
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