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Author Topic: ENOUGH WITH THE SCAM COINS. BUY ID'D DEV COINS ONLY!  (Read 2911 times)
spud21
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January 31, 2015, 11:03:46 AM
 #21

Buy UNO, don't be left behind.

Is the UNO dev ID'D?
sdmathis
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January 31, 2015, 12:44:47 PM
Last edit: January 31, 2015, 01:38:03 PM by sdmathis
 #22

Buy UNO, don't be left behind.

Is the UNO dev ID'D?

Yes. He has been ID'd. His name is Jim Blasko.
http://proofofdev.com/unb-unbreakablecoin/

JakeThePanda
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February 01, 2015, 01:06:13 AM
 #23

Yes, buy only ID'D dev coins because how can they go wrong.  XC wasn't a scam right?  Cheesy Cheesy Cheesy Cheesy
nachoig
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February 01, 2015, 03:20:54 AM
 #24


Non Scam coins with ID'd DEVs:
Darkcoin
Vericoin is reversing higher with some game changing POS developments in the pipeline.  


Dakcoin: a coin which loves to change the rules. Changes the rewards for mining, changes the number of total to be issued...
Vericoin: developers did a hard fork in order to roll back the chain to revert a supposed theft on MintPal.

None of these could be called scams, but they are really bad coins.
jwinterm
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February 01, 2015, 05:39:51 AM
 #25

Yes, buy only ID'D dev coins because how can they go wrong.  XC wasn't a scam right?  Cheesy Cheesy Cheesy Cheesy

Innorite...if this shit mattered wouldn't litecoin be kicking bitcoin's non-ID'D ass up and down crypto ave?
Crestington
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February 01, 2015, 09:26:13 AM
 #26


Non Scam coins with ID'd DEVs:
Darkcoin
Vericoin is reversing higher with some game changing POS developments in the pipeline.  


Dakcoin: a coin which loves to change the rules. Changes the rewards for mining, changes the number of total to be issued...
Vericoin: developers did a hard fork in order to roll back the chain to revert a supposed theft on MintPal.

None of these could be called scams, but they are really bad coins.

Hardforks tend to be part of the process so a change in rewards is not necessarily a bad thing.

In the case of Vericoin, I'm pretty sure they got fucked by Mintpal although that is debatable. I read somewhere the VeriCoin devs had huge regrets afterwards because it divided the Community and ultimately did a lot of damage but they were in a bind and had to do something otherwise there may have been 30% of the Coins floating around of other peoples Coins which they would lose and would crash the price for everyone else.
nachoig
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February 02, 2015, 12:39:17 AM
 #27


Hardforks tend to be part of the process so a change in rewards is not necessarily a bad thing.

With 2 millions of coins mined in 2 days this is really bad.

One of the reason why people respect Bitcoin is because they don't change the mining rewards. Also, a lot of hard forks is really bad. Hard fork should be an exception, not the rule.


In the case of Vericoin, I'm pretty sure they got fucked by Mintpal although that is debatable. I read somewhere the VeriCoin devs had huge regrets afterwards because it divided the Community and ultimately did a lot of damage but they were in a bind and had to do something otherwise there may have been 30% of the Coins floating around of other peoples Coins which they would lose and would crash the price for everyone else.

And Vericoin price falled around 90% since then.
Spamela Anderson
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February 02, 2015, 11:38:35 AM
 #28

Most every NEW coin that is announced will be from a scam team so don't give them your money.

Non Scam coins with ID'd DEVs:
Darkcoin
Vericoin is reversing higher with some game changing POS developments in the pipeline. 
Archcoin
Dogecoin
SuperNET

Invest accordingly





You can't just invest in a coin because the devs are known. Besides, people will just start faking IDs or their identities to gain trust then scam at a later date so being known really isn't going to stop scams. Personally I'd avoid all coins unless you actually believe in them for whatever reason.
sdmathis
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February 02, 2015, 04:39:19 PM
 #29


You can't just invest in a coin because the devs are known. Besides, people will just start faking IDs or their identities to gain trust then scam at a later date so being known really isn't going to stop scams. Personally I'd avoid all coins unless you actually believe in them for whatever reason.

Buying a coin solely on the basis of it having an ID'd developer is just as foolish as buying a coin because it has a pretty logo. A developer who refuses to identify himself, however, is a red flag. If a coin accumulates enough red flags it's best to avoid investing in it. Crypto is like poker. The key to winning isn't usually winning more. The key to winning is to contain your losses.

abcdave
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February 02, 2015, 04:50:45 PM
 #30

Buying a coin solely on the basis of it having an ID'd developer is just as foolish as buying a coin because it has a pretty logo. A developer who refuses to identify himself, however, is a red flag. If a coin accumulates enough red flags it's best to avoid investing in it. Crypto is like poker. The key to winning isn't usually winning more. The key to winning is to contain your losses.

I don't think it's a red flag at all. Most people in the crypto community wish to remain anon and if I was a dev I would definitly want to remain so. Those guys get a lot of heat and let's not forget the guy that started all this is still anonymous and nobody has any idea who he is and I'm glad it's that way.
Piston Honda
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February 02, 2015, 06:15:16 PM
 #31

Bitswift setup their 1-844 toll free number, badass!  Cheesy

Most legit dev I've dealt with in over a year of playing with so many coins.  Save for a very few other dev's.

$ADK ~ watch & learn...
microbial
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February 02, 2015, 07:36:11 PM
 #32

i dont think it make big diff. in the long runs

sdmathis
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February 02, 2015, 09:02:51 PM
 #33

Buying a coin solely on the basis of it having an ID'd developer is just as foolish as buying a coin because it has a pretty logo. A developer who refuses to identify himself, however, is a red flag. If a coin accumulates enough red flags it's best to avoid investing in it. Crypto is like poker. The key to winning isn't usually winning more. The key to winning is to contain your losses.

I don't think it's a red flag at all. Most people in the crypto community wish to remain anon and if I was a dev I would definitly want to remain so. Those guys get a lot of heat and let's not forget the guy that started all this is still anonymous and nobody has any idea who he is and I'm glad it's that way.

Maybe I should have said that it's something to take note of.

You are right though. Many devs want to remain anonymous just like many of us do. It's ironic that many of us have come to expect the developers to reveal themselves while most of us wish to remain anonymous.

igl00
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February 12, 2015, 05:15:44 AM
 #34

EXCL is a great investment imo https://bitcointalk.org/index.php?topic=771755

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February 12, 2015, 05:56:29 AM
 #35

I'm fairly certain 90% of people who have publicly ID'd themselves in this space have lived to regret it.

Zombier0
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February 13, 2015, 02:20:21 PM
 #36

Check EXCL best dev and super community

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