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Question: Should new accounts (newbies) be allowed to create new Coins , in Alts Announcements section?  (Voting closed: June 10, 2015, 05:44:37 PM)
NO, don't allow newbies to create new Coin ANN! - 21 (47.7%)
YES, i am fine with the way things are! - 23 (52.3%)
Total Voters: 44

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Author Topic: *VOTE* Newbies and 0 poster accs creating everyday new Alts to scam ppl.  (Read 858 times)
trader19 (OP)
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May 31, 2015, 05:44:37 PM
 #1

hi all, today i raise the question if newbies and 0 poster accounts should be allowed to create Coins and post ANN thread in alt section!?
The thing is mostly (Like 90%) of those ANN are scams and Coins created to steal people's money.
Lately we all seen new trend/wave of newbie accounts creating Coins, instamine them and dump them as soon as they hit the first exchange. then dev (newbie) abound project and move to the new one leaving alot of "bagholders" behind. IMO this needs to STOP, its giving crypto world bad reputation and hurting overall Bitcoin/Alts economy.
Its slowly getting out of Control and people getting burned by this actions are increasing everyday.
We are all here because we believe in privacy and freedom of speech movement /what bitcoin stands for, but some rules should apply even here!

The poll will run for 10 days and i will use your votes if Positive to contact the BCT admin for him to take action and STOP this nonsense.

Please take your time and vote and if we are lucky maybe we can, together put this craziness to an end.
!Idea is simply by applying new rule of maybe 20 quality posts and account age of min 3 month old to be able to Open new thread into Alts Announcement section.

Thank you for your thought, please do share them here.

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May 31, 2015, 05:53:46 PM
 #2

This would probably help a bit but would also increase spamming and account trading. And since people trust older accounts a bit more, I'd imagine scammers would trap more people.

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May 31, 2015, 05:56:09 PM
 #3

This would probably help a bit but would also increase spamming and account trading. And since people trust older accounts a bit more, I'd imagine scammers will trap more people.
yes i understand that but still it would be allot harder for scamers to create 10 new scam coins a day.. and to stop spamming that's why account should be at least 3 month old to be able to do ANN.  
account trading might increase but u can use then one veteran account for one announcement, one coin, that way scams would drastically decrease.

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May 31, 2015, 06:15:49 PM
 #4

A shitcoin launched that fades away is not a scam. An ico that takes hundreds of btc and runs is a scam. Look up the times those happened in the past. All were older accounts. Youd just increase the amount of real scams by giving people a false sense of trust.
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May 31, 2015, 06:16:35 PM
 #5

Whilst I agree with your sentiment  that these newbie accounts are scammers and  to quote you "Coins created to steal people's money".

It sits a little uncomfortably that you have the crave coin promo in your signature which is clearly scam of the year so far.
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May 31, 2015, 06:18:54 PM
 #6

This is not something you can expect to police with a new rule. In a decentralized, open system, anyone can create a coin and announce its creation. Anyone else can do due diligence (or not)... and mine the coin (or not)... and make money or lose money... and whine about it (or preferably, not).

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May 31, 2015, 06:25:14 PM
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A shitcoin launched that fades away is not a scam. An ico that takes hundreds of btc and runs is a scam. Look up the times those happened in the past. All were older accounts. Youd just increase the amount of real scams by giving people a false sense of trust.
those ico you are talking about all had some fundamentals, real faces behind and people were more or less aware what risk they are taking. those newbie scams imo are worse because they can be run over and over again from the same group of people exmpl. pool operators, exchanges, mining rentals.. they make profit for them but hurt the crypto on the sideline.  

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May 31, 2015, 06:26:50 PM
 #8

Whilst I agree with your sentiment  that these newbie accounts are scammers and  to quote you "Coins created to steal people's money".

It sits a little uncomfortably that you have the crave coin promo in your signature which is clearly scam of the year so far.
yes i promote coin that i like, don't know if you got scammed but me not. dev did something solid and i support it this way.

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May 31, 2015, 06:29:19 PM
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A shitcoin launched that fades away is not a scam. An ico that takes hundreds of btc and runs is a scam. Look up the times those happened in the past. All were older accounts. Youd just increase the amount of real scams by giving people a false sense of trust.

Your assertion makes no sense. What difference is there between an ICO dev who raises money for a coin and releases a alpha version of it and then runs off a week later v.s a guy who makes a copy/paste logo coins and runs off in a week also?

The only difference is the method for how noobs hand over their precious BTC to him.


It sits a little uncomfortably that you have the crave coin promo in your signature which is clearly scam of the year so far.

Crave is the only decent shit to even come out in the 3 months so i'm not sure what you are on about.
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May 31, 2015, 06:30:37 PM
 #10

This is not something you can expect to police with a new rule. In a decentralized, open system, anyone can create a coin and announce its creation. Anyone else can do due diligence (or not)... and mine the coin (or not)... and make money or lose money... and whine about it (or preferably, not).
don't agree totally, what did bitcoin did after network got spammed to death? it created transaction fee. some rules should be applied for greater good imo.

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May 31, 2015, 08:14:10 PM
 #11

They are just buying Hero or Legend accounts now. Wouldn't help.
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May 31, 2015, 08:22:24 PM
 #12

hi all, today i raise the question if newbies and 0 poster accounts should be allowed to create Coins and post ANN thread in alt section!?
The thing is mostly (Like 90%) of those ANN are scams and Coins created to steal people's money.
Lately we all seen new trend/wave of newbie accounts creating Coins, instamine them and dump them as soon as they hit the first exchange. then dev (newbie) abound project and move to the new one leaving alot of "bagholders" behind. IMO this needs to STOP, its giving crypto world bad reputation and hurting overall Bitcoin/Alts economy.
Its slowly getting out of Control and people getting burned by this actions are increasing everyday.
We are all here because we believe in privacy and freedom of speech movement /what bitcoin stands for, but some rules should apply even here!

The poll will run for 10 days and i will use your votes if Positive to contact the BCT admin for him to take action and STOP this nonsense.

Please take your time and vote and if we are lucky maybe we can, together put this craziness to an end.
!Idea is simply by applying new rule of maybe 20 quality posts and account age of min 3 month old to be able to Open new thread into Alts Announcement section.

Thank you for your thought, please do share them here.


I'm agree with New users creating the coins because the old users can change their names, i mean...

If i create CubaCoin i would like to do it under the "CubaCoin" nick user on the forum, i think that gives a better look to the business.

But at the same time, i'm not agree about users doing this to scam people, i think the New coin and new accounts must be backup by an old members or trusted member on the forum.

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June 01, 2015, 04:54:21 AM
 #13

This is not something you can expect to police with a new rule. In a decentralized, open system, anyone can create a coin and announce its creation. Anyone else can do due diligence (or not)... and mine the coin (or not)... and make money or lose money... and whine about it (or preferably, not).

I agree with notsofast and who will set the rules and who is to decide what a quality post is. It would be as easy as anything for a newbie account to just surf around for a day or so and copy and paste some posts to up the status. This is a form of censorship and also as mentioned, I believe that some newbie accounts are secondary accounts used to run a new coin. I don't think this idea will work.

Soooooooon...............
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