When do we declare Altcoins a failure?

[Spoetnik]

I have heard "when they come.." for years now.
And they sort of already did, minus the stock market guys.
So I keep hearing that crap and I want to know how long do we wait?
It's been years so how many more?
And if that is not what you're all waiting for then what?

I think we can call it.. This stuff is a failure!

[monsterer]

Same time we call companies a failure

[smoothie]

Okay Spoetnik take your advice and leave. This is all a failure.  


Stop waiting.  

[CryptoDatabase]

I classify coins as Failed on https://cryptodatabase.net when they no longer have resources for their coin outside of the source code. Website, exchange, pool, faucet, etc.

[PolarPoint]

Not all altcoins are failures. Some of them are doing quite well. Altcoins can be testing grounds for bitcoin. If a feature is useful and codes are solid. It can be integrated into the bitcoin network.

[x_Molotov]

I have heard "when they come.." for years now.
And they sort of already did, minus the stock market guys.
So I keep hearing that crap and I want to know how long do we wait?
It's been years so how many more?
And if that is not what you're all waiting for then what?

I think we can call it.. This stuff is a failure!

Yes.
Honestly, alt coins seem like only a distraction from getting wide-spread acceptance, and everyone wants to be the next Satoshi Nakamoto.

Honestly, do you see the world being connected, and having one central currency, called DogeCoin? Or ReddCoin?

Unless you are a 12-year old MLG pro, or a neckbeard, the answer is no.

Especially b/c it is so widely used, and people who can help make Bitcoin a big thing, are too busy making a new different altcoin, every couple weeks, hoping their newest 'coin' is the new BTC!

If you are dealing with trading, you literally have to use fractions of mBTC in order to deal.

It is a complete waste of time, esp. as the DogeCoin is like 1/1000th of a mbtc.

Please focus on getting BTC widely accepted.
..

Molotov

[bones261]

I have heard "when they come.." for years now.
And they sort of already did, minus the stock market guys.
So I keep hearing that crap and I want to know how long do we wait?
It's been years so how many more?
And if that is not what you're all waiting for then what?

I think we can call it.. This stuff is a failure!

Yes.
Honestly, alt coins seem like only a distraction from getting wide-spread acceptance, and everyone wants to be the next Satoshi Nakamoto.

Honestly, do you see the world being connected, and having one central currency, called DogeCoin? Or ReddCoin?

Unless you are a 12-year old MLG pro, or a neckbeard, the answer is no.

Especially b/c it is so widely used, and people who can help make Bitcoin a big thing, are too busy making a new different altcoin, every couple weeks, hoping their newest 'coin' is the new BTC!

If you are dealing with trading, you literally have to use fractions of mBTC in order to deal.

It is a complete waste of time, esp. as the DogeCoin is like 1/1000th of a mbtc.

Please focus on getting BTC widely accepted.
..

Molotov

OK, we are waiting for YOU to come up with a plan to get BTC accepted by everyone. Please implement YOUR ideas immediately.
https://www.youtube.com/watch?v=angi1vwUkQc

[tokeweed]

Okay Spoetnik take your advice and leave. This is all a failure.  


Stop waiting.  

I like Spoetnik.  He gives this subforum something to think about.  But my only advice to him is not to overdo it, else people would think he's BS.  A few lines of explaining why he thinks a project is a scam would suffice, without him sounding angry and douchy would be great.  I hope he changes his writing style.  Other than that he's doing great.

His posts on Applesauce and Memorycoin would be eye opening for newbies.  I hope he makes a thread and tells that story.

[tokeweed]

If BARR can't destroy at least 30% of the total supply of 3 altcoins in 1 week, then altcoins are a failure.  BARR will certainly be a failure in that case, and altcoins in general as well.  Because it will mean that people are determined to hold dead coins until they lose 100% of their money.  But I don't think people will choose to keep altcoins that they're unable to sell at any price, instead of burning them in exchange for BARR. 

We'll see by the end of November, and if altcoin users agree then we'll burn more in December.  Well, we'll burn more in December anyway, because we're altcoin users ourselves and we already agree. 

Can you stop spamming this shit already?

[Spoetnik]

@x_Molotov, well said.. my sentiments exactly !

and tokeweed.. be nice ?
i am  

and change my writing style ? you don't know me very well ..that ain't happening ahahha
you should be outraged by the 7,000 ponzi coin posted here.. not happy about it.
besides how much BS have you gone through here ?
in case you didn't notice i have gone through a LOT !
I have had plenty of threats on chat box's and via pm's for example
one guy sent me a petition (via PM) to raise Bitcoin to have me murdered.. how about you weed guy ? have any death threats ?

want to read a few PM's of mine to see why i am sooo damn angry ? and by the way i am not.. i laugh at you all LOL
 i have had iGotSpots threaten to sue me before and the Blocknet douche too

read this one i got from some guy (note: i never talked to him once before that)

Kluge
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Michael, send me some coins before I hitman you


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You're probably schizoaffective.
« Sent to: Spoetnik on: August 23, 2014, 01:35:08 AM »
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I mean this in all seriousness and with good intent, and don't mean to "cross the line." Idunno if you already know you are (or even know you aren't) or are maybe even diagnosed, but it seemed like something worth mentioning. I don't really want to argue with you about it (and I'm obviously not sure, but I worked in social services for/with schizoaffectives, manic-depressives, etc for a few years and've picked up on the subtlety of symptoms), and I have no beef at all with you or what you say since I only rarely venture out into altcoin space, so maybe just consider it something to throw in the back of your mind if someone else ever says something similar with good intent. Fwiw, I don't have the knowledge or resources to really help you out if you should not fully disagree with my estimate and even want help, but a good GP will be able to give you the resources you need to improve your mood and quality of life (if you should be dissatisfied with your current moods and ways of thinking) instead of just a bottle of pills to turn your brain to mush. -Ben

I laughed at him and told him to f*ck off  
oh and tokeweed no offense eh.. we're cool i am not mad at ya

[Spoetnik]

here is the death threat style PM.. it was the very next pm i got in my inbox (after Kluge's) ..hmm i wonder who sent it ?

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HEADS UP
« Sent to: Spoetnik on: August 23, 2014, 01:49:34 PM »
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Just to let you know you better start covering your tracks you pedo fuck - this vendetta will not end until you do.

CALLING ALL HACKERS

I have had enough of this pathetic, lying, hate filled scum and I am going to do everything and anything I can do to teach this wanker a lesson he can never and will never forget.

I am offering a 1 BTC for anyone that can track down a home address or family home for this needle dicked bug fucker

I have gathered an extensive dossier on him and his alter egos and narrowed it down to a very small pool of people which I was about to turn over to a PI friend of mine in Toronto but, having discussed it extensively with other members of the community we have decided to pool our small budget and appeal to the hacker community.

I will be posting this bounty on ALL the Blackhat forums if I get no response from this board.

Obviously all I want to do is add him to my Christmas Card list  Undecided  Kiss

Racism, Homophobia and Hate has no place in this forum or in Cryprocurrencies and if this forum is not going to address it, it is down to us the community to eradicated this scum

Enjoy your freedom while you can you fuck...

ANYONE WHO WANTS TO CONTRIBUTE TO THE BOUNTY PLEASE PM ME

[tokeweed]

I actually like them posting their shit on here to hype their 'products'.  I listen to them, take them and actually encourage them to talk.  And it's good.  But also being aware that it's just part of the 'game' is a must to keep you grounded.  At the end of the day what matters is your bankroll.

edit:  Spoet, why not make a thread about the Applesauce, Memorycoin and BTS connection.  It would be eye opening.  Try to make it like you're not ranting though. 

[BARR_Official]

If BARR can't destroy at least 30% of the total supply of 3 altcoins in 1 week, then altcoins are a failure.  BARR will certainly be a failure in that case, and altcoins in general as well.  Because it will mean that people are determined to hold dead coins until they lose 100% of their money.  But I don't think people will choose to keep altcoins that they're unable to sell at any price, instead of burning them in exchange for BARR. 

We'll see by the end of November, and if altcoin users agree then we'll burn more in December.  Well, we'll burn more in December anyway, because we're altcoin users ourselves and we already agree. 

Can you stop spamming this shit already?

Didn't you just make a topic called "It's time to let go of your altcoins" or something like that?

But are you offering to buy those altcoins from those people?  I am. 

Do you think they will just "let go" of coins they've spent money on?  I'm offering them an exchange if they destroy their coins.  That's the only way they can let go without losing - there's not enough BTC on offer to buy all those coins, but there's enough BARR. 

"But why should they give up their coins for BARR?"

Why should they give up their coins just because you said so?  Seems like I'm saying the same thing you are, except I'm also doing something instead of just talking about it.   

[jwinterm]

If BARR can't destroy at least 30% of the total supply of 3 altcoins in 1 week, then altcoins are a failure.  BARR will certainly be a failure in that case, and altcoins in general as well.  Because it will mean that people are determined to hold dead coins until they lose 100% of their money.  But I don't think people will choose to keep altcoins that they're unable to sell at any price, instead of burning them in exchange for BARR. 

We'll see by the end of November, and if altcoin users agree then we'll burn more in December.  Well, we'll burn more in December anyway, because we're altcoin users ourselves and we already agree. 

Can you stop spamming this shit already?

Didn't you just make a topic called "It's time to let go of your altcoins" or something like that?

But are you offering to buy those altcoins from those people?  I am. 

Do you think they will just "let go" of coins they've spent money on?  I'm offering them an exchange if they destroy their coins.  That's the only way they can let go without losing - there's not enough BTC on offer to buy all those coins, but there's enough BARR. 

"But why should they give up their coins for BARR?"

Why should they give up their coins just because you said so?  Seems like I'm saying the same thing you are, except I'm also doing something instead of just talking about it.   

He's telling them to sell for btc, you're asking people to exchange for some useless nxt asset, at the same time that nxt itself is crashing to all time lows. Not exactly apples-to-apples.

[BARR_Official]

there's not enough BTC on offer to buy all those coins
 

He's telling them to sell for btc

I'm glad you understand.

[Spoetnik]

Explain how I can tell the story better.
Show me some examples of how my message can be more digest able or easier to understand.

Some of you do not want to hear it but smart people
Who like doing their homework appreciate my so called "rants"
And maybe bear in mind I have stories to tell and most of you don't..
I know more about this stuff and have been around longer.
Which is why few of you have any stories to tell.
So yeah I have stories to tell.. Lots of them (by the same old guys loitering around here still pushing scam coins)

Who else takes the time & effort to stick around keeping the scammers feet on the fire?
New guys NEED to hear my so called "rants"
.. So they can be aware how bad this crap really is.
And how far guys will go to try and harass you etc if you dare speak out against a scam coin.

I do love the little trend in the last year or two where
Some of you that clearly supported crap coins now pretend your against them..
As always most of you just follow the trend..

I start them

PS:
Feel free to scroll past my comments.
That is what I do for every long winded speel i don't feel like reading here.
But I do it with out insulting the poster and whining about it.

[tokeweed]

Exactly why you're the guy who has to tell the stories.  A thread similar to the Story of Bobsurplus would be a good start.

And I take back what I said.  Writing these stories in any way you see fit is better.

[tokeweed]

And 2 years ago, only a handful of people might have listened to you.  But now, after all the scams, pump & dumps and the schemes, I'm pretty sure you have an audience.

It's your time now. 

[Spoetnik]

And 2 years ago, only a handful of people might have listened to you.  But now, after all the scams, pump & dumps and the schemes, I'm pretty sure you have an audience.

It's your time now.  

yeah i'd agree but only because people lost money and are sitting around wondering why their favorite coin was delisted etc.
people got chewed up by the system then seen me come back and say the same thing and think oh yeah i guess he's right..
it was easy to mouth me off when Doge coin just kept going up in popularity and price for example
and another thing now that it's dead ! (while i get to say i told you so guys)
I have long said too if another wave of new guys flood into the scene cloning and the support for them will ramp back up to a fever pitch.
And most of the guys loitering around still bashing crap coins will quietly dive back on supporting them in a heart beat.
because you guys want money and you will do anything to get it..
Even if it means trading BabyRape coin when no one is looking.

[EvilDave]

And 2 years ago, only a handful of people might have listened to you.  But now, after all the scams, pump & dumps and the schemes, I'm pretty sure you have an audience.

It's your time now. 

Yup.
Spoetnik is the crazy, wild-eyed prophet of crypto: exiled to the desert until the people suddenly realised that he was pretty much right all along.

But: there is still a very good reason for alt-coins to exist. Technology tends to evolve, which means new ideas have to be tried out. Some of these ideas will lead nowhere, some will succeed.  Maybe we should start calling alts 'experimental coins', just to make it clear.

The problem is that all of crypto (yeah, even the BTC world) is full of people who just want to get some fat stacks, regardless of how they do it, and also full of people who will invest in the most sketchy BS ever without doing any form of research or due diligence. Scammers and scammees.......

My position is: kick out the scammers from both BTC and the alt-coin scene. There are honest projects, you just need to cut through a lot of BS and FUD to find them.