Thenoticer
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February 14, 2016, 07:01:57 AM |
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Wtf? Where did that come from? Naw. I just pointing out your bs. ^ Wut? Why so mad bro?
Edit: And aren't you the guy who scammed the NXT community? I think DecentralizedEconomics mentioned that it's you... Gonna ask him on that one.
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tokeweed (OP)
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Activity: 4172
Merit: 1464
Life, Love and Laughter...
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February 14, 2016, 09:26:38 AM |
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Wtf? Where did that come from? Naw. I just pointing out your bs. ^ Wut? Why so mad bro?
Edit: And aren't you the guy who scammed the NXT community? I think DecentralizedEconomics mentioned that it's you... Gonna ask him on that one.
What BS? That Nick Szabo is one of the top guys to be Satoshi Nakamoto? Or that he could become a crypto super billionaire with his BTC and ETH holdings...
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PrimusInterPares
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Activity: 98
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February 14, 2016, 11:30:27 AM |
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What makes you thinking that Satoshi is interested and invested into Ethereum? I still believe Satoshi will be the first crypto super billionaire because of his combined holdings of BTC and ETH.
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TPTB_need_war
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February 14, 2016, 11:54:30 AM |
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What makes you thinking that Satoshi is interested and invested into Ethereum? I still believe Satoshi will be the first crypto super billionaire because of his combined holdings of BTC and ETH.
He doesn't think. He just wants the ETH price to go up, so he says what ever he thinks will entice naive speculators to follow his implied 11th BongHit Bible commandment, "Thou shall buy more of what ever I am pumping".
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tokeweed (OP)
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Life, Love and Laughter...
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February 14, 2016, 01:22:22 PM |
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What makes you thinking that Satoshi is interested and invested into Ethereum? I still believe Satoshi will be the first crypto super billionaire because of his combined holdings of BTC and ETH.
He doesn't think. He just wants the ETH price to go up, so he says what ever he thinks will entice naive speculators to follow his implied 11th BongHit Bible commandment, "Thou shall buy more of what ever I am pumping". Sourgrapes.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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TPTB_need_war
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February 15, 2016, 03:05:21 AM |
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Sourgrapes.
A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum. https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/How new Alts / Scamcoins steal your Bitcoins
It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new. It doesn’t take much work - a new scam coin is born. Most of the devs who create these coins have only one intention - to steal bitcoins from others. This explains how they do it.
First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on. After the coin is up and ready for launch it is Announced on various sites - bitcointalk.org, reddit, etc.
They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they intend to get your Bitcoins. They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it. They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.
Then the day comes where they decide to make their move. They start by buying up the orders on the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of. This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways. After us innocent, unsuspecting users see that this alt is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off. As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy up any lower bitcoin orders still on the books. Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.
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tokeweed (OP)
Legendary
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Activity: 4172
Merit: 1464
Life, Love and Laughter...
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February 15, 2016, 04:01:02 AM |
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Sourgrapes.
A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum. https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/How new Alts / Scamcoins steal your Bitcoins
It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new. It doesn’t take much work - a new scam coin is born. Most of the devs who create these coins have only one intention - to steal bitcoins from others. This explains how they do it.
First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on. After the coin is up and ready for launch it is Announced on various sites - bitcointalk.org, reddit, etc.
They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they intend to get your Bitcoins. They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it. They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.
Then the day comes where they decide to make their move. They start by buying up the orders on the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of. This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways. After us innocent, unsuspecting users see that this alt is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off. As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy up any lower bitcoin orders still on the books. Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.
Sure... Hypocrite. And who says I'm lying? Szabo is Satoshi.
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TPTB_need_war
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February 15, 2016, 04:19:01 AM |
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Sure... Hypocrite.
And who says I'm lying? Szabo is Satoshi.
Proof? I thought so! (I hope you understand the definition of 'proof'. It is not the same as 'maybe').
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iCEBREAKER
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Activity: 2156
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Crypto is the separation of Power and State.
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February 15, 2016, 05:34:58 AM |
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@nszabo4 follows XMR and has retweeted a few things about it. As soon as we have a Monero conference, we can ask him (Nick von Szaborhagen) to be the keynote speaker! Of course Chaum and Merkle will need to be on the same panel.
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BlindMayorBitcorn
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February 15, 2016, 05:46:50 AM |
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I don't buy any of those alternative currencies. But Nick Szabo (probably not Satoshi, I don't buy that either) has been publishing about smart contracts for decades. He's (probably) more interested in the potential of the new block chain than speculating on ether tokens. imho.
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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TPTB_need_war
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February 15, 2016, 05:48:59 AM |
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And why don't you go read about how dumb Szabo is about the smart contract issue: https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882There is the video of him not understanding the externalities issue and Turing completeness (see above link). And then add this: I’m not a fan of the term “smart contracts”. For a start, it has been used by so many people for so many different things, that we should probably just ban it completely. For example, the first known reference is from 1997, when Nick Szabo used it to describe physical objects that change their behavior based on some data. More recently, the term has been used for the exact opposite: to describe computation on a blockchain which is influenced by external events such as the weather. For now let’s put both of these meanings aside.
I want to focus here on “smart contracts” in the sense of general purpose computation that takes place on a blockchain. This meaning was popularized by Ethereum, whose white paper is subtitled “A Next-Generation Smart Contract and Decentralized Application Platform”.
And yet you claim Szabo is Satoshi. You guys are a like a dog, you will hump any tree stump. How about getting in touch with reality.
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entertheabyss
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February 15, 2016, 07:01:16 AM |
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The only reason people think Szabo could be Satoshi is that his experience in digital the field of digital currency and his reputation, That's it. There have been nearly 100 people publishing papers on digital money for decades anyone of them could potentially Satoshi. Anyone that thinks some bullshit generic circumstantial evidence has relevance or is proof is ignorant and/or pushing an agenda.
In this case it seem your agenda is to shill for etherum. You could easily make the case that Satoshi whoever he is, is really wealthy but that doesn't have anything to do with ETH which seems to be what your real motive for this topic is. I thought you were a solid bitcointalk contibuter but now i see you are just one of the trolls.
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tokeweed (OP)
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Life, Love and Laughter...
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February 15, 2016, 07:04:16 AM |
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The only reason people think Szabo could be Satoshi is that his experience in digital the field of digital currency and his reputation, That's it. There have been nearly 100 people publishing papers on digital money for decades anyone of them could potentially Satoshi. Anyone that thinks some bullshit generic circumstantial evidence has relevance or is proof is ignorant and/or pushing an agenda.
In this case it seem your agenda is to shill for etherum. You could easily make the case that Satoshi whoever he is, is really wealthy but that doesn't have anything to do with ETH which seems to be what your real motive for this topic is. I thought you were a solid bitcointalk contibuter but now i see you are just one of the trolls.
Yep. I troll the trolls, hypocrites and sour grapes. Which one are you? And Szabo = Satoshi. No troll, no agenda, don't need one... Ethereum is being pumped regardless of what I say. Again Szabo is one of the top guys to be Satoshi or part of team Satoshi. He's been talking about all this shit since the 90's.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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tokeweed (OP)
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February 15, 2016, 07:15:22 AM |
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And why don't you go read about how dumb Szabo is about the smart contract issue: https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882There is the video of him not understanding the externalities issue and Turing completeness (see above link). And then add this: I’m not a fan of the term “smart contracts”. For a start, it has been used by so many people for so many different things, that we should probably just ban it completely. For example, the first known reference is from 1997, when Nick Szabo used it to describe physical objects that change their behavior based on some data. More recently, the term has been used for the exact opposite: to describe computation on a blockchain which is influenced by external events such as the weather. For now let’s put both of these meanings aside.
I want to focus here on “smart contracts” in the sense of general purpose computation that takes place on a blockchain. This meaning was popularized by Ethereum, whose white paper is subtitled “A Next-Generation Smart Contract and Decentralized Application Platform”.
And yet you claim Szabo is Satoshi. You guys are a like a dog, you will hump any tree stump. How about getting in touch with reality. Woohoo look at you, you're so smart, yet all you do is whine around the forum thinking how dumb everybody is and how we're all beneath you. Yet that's all you do, whine and baghold your mined shit coins. Haha
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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tokeweed (OP)
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February 15, 2016, 07:20:38 AM |
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I don't buy any of those alternative currencies. But Nick Szabo (probably not Satoshi, I don't buy that either) has been publishing about smart contracts for decades. He's (probably) more interested in the potential of the new block chain than speculating on ether tokens. imho.
But Satoshi is only human. A little profit with investing in the future wouldn't hurt. I mean he holds a million BTC for fuck sake... You think that was an accident? He knew he was on to something. Now, it's the same situation with Ethereum. This could be the other crypto that could go to the moon. And do you think Satoshi is just there in the side lines watching this shit rise?? Hell no!
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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tokeweed (OP)
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February 15, 2016, 07:23:46 AM |
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What makes you thinking that Satoshi is interested and invested into Ethereum? I still believe Satoshi will be the first crypto super billionaire because of his combined holdings of BTC and ETH.
He has a knack for pioneering and inventing industries of the future. I'm pretty sure he has a knack for investing and supporting them as well.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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TPTB_need_war
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February 15, 2016, 12:47:05 PM |
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And why don't you go read about how dumb Szabo is about the smart contract issue: https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882There is the video of him not understanding the externalities issue and Turing completeness (see above link). And then add this: I’m not a fan of the term “smart contracts”. For a start, it has been used by so many people for so many different things, that we should probably just ban it completely. For example, the first known reference is from 1997, when Nick Szabo used it to describe physical objects that change their behavior based on some data. More recently, the term has been used for the exact opposite: to describe computation on a blockchain which is influenced by external events such as the weather. For now let’s put both of these meanings aside.
I want to focus here on “smart contracts” in the sense of general purpose computation that takes place on a blockchain. This meaning was popularized by Ethereum, whose white paper is subtitled “A Next-Generation Smart Contract and Decentralized Application Platform”.
And yet you claim Szabo is Satoshi. You guys are a like a dog, you will hump any tree stump. How about getting in touch with reality. Woohoo look at you, you're so smart, yet all you do is whine around the forum thinking how dumb everybody is and how we're all beneath you. Yet that's all you do, whine and baghold your mined shit coins. Haha Spoken like a 5 year old. Meanwhile tokeweed supports insiders buying from themselves: How new Alts / Scamcoins steal your Bitcoins
It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new. It doesn’t take much work - a new scam coin is born. Most of the devs who create these coins have only one intention - to steal bitcoins from others. This explains how they do it.
First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on. After the coin is up and ready for launch it is Announced on various sites - bitcointalk.org, reddit, etc.
They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they intend to get your Bitcoins. They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it. They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.
Then the day comes where they decide to make their move. They start by buying up the orders on the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of. This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways. After us innocent, unsuspecting users see that this alt is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off. As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy up any lower bitcoin orders still on the books. Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.
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stoat
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February 15, 2016, 08:46:23 PM |
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Sourgrapes.
A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum. https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/How new Alts / Scamcoins steal your Bitcoins
It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new. It doesn’t take much work - a new scam coin is born. Most of the devs who create these coins have only one intention - to steal bitcoins from others. This explains how they do it.
First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on. After the coin is up and ready for launch it is Announced on various sites - bitcointalk.org, reddit, etc.
They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they intend to get your Bitcoins. They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it. They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.
Then the day comes where they decide to make their move. They start by buying up the orders on the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of. This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways. After us innocent, unsuspecting users see that this alt is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off. As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy up any lower bitcoin orders still on the books. Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.
Thats pretty funny coming from a person who openly admits he's developing a scamcoin of his own. and the main target market seems to be "the idiots that browse this forum". In your words. You are the one daydreaming about becoming filthy rich from a scamcoin you develop. You've got issues.
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tokeweed (OP)
Legendary
Offline
Activity: 4172
Merit: 1464
Life, Love and Laughter...
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February 16, 2016, 12:04:58 AM |
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Sourgrapes.
A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum. https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/How new Alts / Scamcoins steal your Bitcoins
It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new. It doesn’t take much work - a new scam coin is born. Most of the devs who create these coins have only one intention - to steal bitcoins from others. This explains how they do it.
First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on. After the coin is up and ready for launch it is Announced on various sites - bitcointalk.org, reddit, etc.
They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they intend to get your Bitcoins. They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it. They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.
Then the day comes where they decide to make their move. They start by buying up the orders on the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of. This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways. After us innocent, unsuspecting users see that this alt is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off. As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy up any lower bitcoin orders still on the books. Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.
Thats pretty funny coming from a person who openly admits he's developing a scamcoin of his own. and the main target market seems to be "the idiots that browse this forum". In your words. You are the one daydreaming about becoming filthy rich from a scamcoin you develop. You've got issues. He's developing a scamcoin hoping it will be better than Szabo's/Satoshi's? LOL! Now I just lost respect for this pathetic bastard. Sourgraping, self righteous hypocrite. Clearly that's what he is... Why not just shut up and go on and make your useless apps bud...
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