POLL - which coins are scams as defined in the OP?

[TPTB_need_war]

For this thread, a scam coin is defined to be one where the insiders have hyped features which can not work as described or features which do not exist and profited on selling coins (tokens) to the market. Scam coins do not have actual usership and do nothing to help the crypto currency ecosystem grow because they are just mining the speculators and preselling hype. Having no usership is not by itself an indicator of a scam coin, for as long as there is sincere effort and realistic plans to achieve user adoption and network effects (but a year after selling $18 million in tokens for vaporware and still having only ~0 users is a strong indicator of scam), and not just predominately selling hype for insiders to sell tokens to mine the speculators. In other words, a scam coin is just using hype (and not actual technical achievements that have been well vetted by substantial and non-biased expert peer review) to pretend to be about real adoption and really just exists to create and sell tokens.

Please read the following and understand it well before voting, but apparently you can't change your vote later if you realize later that I am correct below about other coins being scams.

YOU MAY VOTE MORE THAN ONE CHOICE WHEN YOU SUBMIT YOUR VOTE(S), i.e. FOR EVERY COIN YOU THINK IS A SCAM.

Please note the copy of the following post I made in a related thread which readers should read to gain insights as to which coins are scams:

Scamcoin Education 101

I am forced to post because no one addresses your post correctly. Sigh.

Can't anyone learn from me and take over my former role? Pleeeeaasssseee!

1.   - In a Hashocracy like bicoin, only the miners choose which future developments get implemented (which hard forks to take), and anyone is free to compete in the coin mining process.  The original Bitcoin Foundation members did not like fact that they lost their ability to control the miners,

In Satoshi's design that is true and also because it is economically driven to centralized control over the hashrate; but in my redesign of proof-of-work, I posit that no user has enough hashrate to control anything and the economic forces driving centralization are eliminated.

so they left to form Decred which is a:

2.   - hybrid Hashocracy/Meritocracy which allows anyone to compete in the coin mining, but only coin holders get to vote on development directions (which hard fork to take).

Ignorant bullshit. I explained why that is impossible when employing Satoshi's design (<-- read the linked threads), regardless that the developers assert some BS about meritocracy. Rather there can only be centralized control.

DASH is now a hybrid Hashocracy/Meritocracy like Decred

Because I obviously need to be politically correct here, I formally apologize to Amanda for criticizing her explanation of the DASH governmental structure as anything but its former dictatorship because it’s obvious now that Masternode owners are in control of the DASH network, even though that was not always the case.  I simply choose not to associate with former dictators, and I don’t want to lose the female vote.

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m8s
(I stand corrected Ms. Johnson)

Ignorant bullshit.  Come on man, don't be such a dufus. Surely could have deduced quite simply that since Dash and his whales control most of the coin supply, then they control most of the masternodes. Duh. The scam continues unabated.

Amanda is articulate and quick witted, but she is not very deep on understanding technology. She has only a superficial understanding justified by her reasonably quick mind. But she totally lacks computer science and relevant experience. She is a smart journalist, not a coder. Would you ask a journalist how to rebuild your combustion engine, or a mechanic. Come on people, the abysmal level of common sense on these forums is pitiful.

All I know about DASH is what this smoking hot chick named Amanda said about it being a hybrid between a hashocracy and a meritocracy:

https://www.youtube.com/watch?v=VQGlcLFhwE0

Hot? Somewhat attractive but the big lips and mouth are slightly resembling the vagina of a mother pig. I haven't seen her figure, but probably nothing exceptional. And I read that she is addicted to some medications. Definitely not my type, except I appreciate her quick mind, might not be boring to talk to her. But if she has any feminist leanings wrapped in Libertarian sheepskin, then fuhgeddaboudit.

, but started out as a Dictatorship when Evan misrepresented the total number of shares without indemnifying the shareholders.  Since the SEC has no jurisdiction over a crypto company, there can be no legal recourse for suffering through injustices experienced as a shareholder of a company ruled as a:

Ignorant bullshit. Why do people not study my research on this legal topic and other topics  

Reading my 10,000+ posts should be required Bitcoin 101 reading course!

3.   - Dictatorship is where a central man or entity tells the miners what to do.  I pledge to avoid any investments in companies who are or have ever been ran as a Dictatorship due to the lack of legal shareholder recourse described in #3 above.

4.   - In a pure Meritocracy like BitShares, shareholders determine which hard forks to take and who is allowed to mine new coins (1 BTS = 1 Vote).  This type of community resembles that of a traditional company with multiple owners.

More ignorant manure. Proof-of-stake is entirely centralized. The illusion of voting is the same as in a democracy.

I only came up with 8 niche crypto business sectors.  Please let me know if I am overlooking any sectors.  Again, I want only the largest cap company in that sector, but not if it has ever been ran a Dictatorship:

1.   the largest (biggest market cap) data storage company is Maidsafe

7.   the largest file swapping service company is Florincoin (The Alexandria Project)

Inoramus, don't you know that all these decentralized file storage systems (including Sia, Storj, Florincoin, etc) can't work because I explained that proof-of-storage (a.k.a. proof-of-retrievability) is nonsense because anyone can pretend to be running many nodes and keep it all stored on one node. Thus Sybil attacking the system and cheating its economics and data retention resiliency.

MaidSafe is a scam. Even the claimed anonymity is technical bullshit.

I am so tired of this forum and endless stream of new ignoramuses who join this forum. I am not paid to reteach all of you fools! I would never fix the problems by coding if I spent all my time teaching all of you.

2.   the largest records database company is Factom

Get a fucking clue dude about this shitcoin.

3.   the largest social networking company is Synereo

Get another fucking clue about this shitcoin scam that presold AMPs before shipping a technobabble hyped project which has an economically and technically flawed design:

https://bitcointalk.org/index.php?topic=1361721.msg13868758#msg13868758
https://bitcointalk.org/index.php?topic=1344997.msg13713923#msg13713923
https://bitcointalk.org/index.php?topic=1344997.msg13739210#msg13739210

4.   the largest music monetization company is MUSE

What the fuck is that?

5.   the largest public Turing complete computer is Ethereum

Have you been asleep under a rock the past few weeks?

6.   the largest anonymity solution (omitting DASH) is BitShares

Learn about the End-to-End principle for anonymity before you IGNORANT AND ERRONEOUSLY claim that any coin that doesn't use on chain mixing is anonymous. Ask smooth to explain this to you. Visit the various thread where I have commented on this, such as the "Thoughts of Zcash?" thread.

[1714977603]

1714977603

[monsterer]

I thought you had work to do?

If you want an intelligent argument*, you're welcome to contribute here: https://bitcointalk.org/index.php?topic=1392578.0

I'm sure you have strong opinions on that subject, given your elevator pitch for your design.


*) reminds me of a monty python sketch

[TPTB_need_war]

If you want an intelligent argument*, you're welcome to contribute here: https://bitcointalk.org/index.php?topic=1392578.0

I am wise to your technique of baiting me in order to steal my design and place it into the public domain.

And you didn't even credit me IN THE POST LINKED TO IN THE ABOVE QUOTE! I always credit you! You are a disingenuous snake.

You will receive no more help from me. And you are not intelligent enough.

[monsterer]

If you want an intelligent argument*, you're welcome to contribute here: https://bitcointalk.org/index.php?topic=1392578.0

I am wise to your technique of baiting me in order to steal my design and place it into the public domain.

You will receive no more help from me. And you are not intelligent enough.

Tinfoil hat much?

Did you not receive my peer review invitation PM I sent you for the paper I'm writing?

[noobtrader]

i think ppl should know where this poll originated or why op created this poll.

https://bitcointalk.org/index.php?topic=1391752.100;topicseen


there

[TPTB_need_war]

I reset the poll, because I added Vanillacoin and Iota.

Why are people voting Monero as a scam? Do they think some whales mined most of the tokens?

Monero has real End-to-End principle anonymity features (although IP obfuscation relies on the reliability of mixnets Tor/I2P which are not End-to-End principled thus anonymity remains dubious and arguable, c.f. the "Thoughts on Zcash?" thread). It is not hype. It has real users. I own no Monero, but I am perplexed. Are those just competitors illogically voting?

[noobtrader]

I reset the poll, because I added Vanillacoin and Iota.

Why are people voting Monero as a scam? Do they think some whales mined most of the tokens?

Monero has real End-to-End principle anonymity features (although IP obfuscation relies on the reliability of mixnets Tor/I2P which are not End-to-End principled thus anonymity remains dubious and arguable, c.f. the "Thoughts on Zcash?" thread). It is not hype. It has real users. I own no Monero, but I am perplexed. Are those just competitors illogically voting?

https://bitcointalk.org/index.php?topic=776479.msg12619507#msg12619507

maybe because of that

EDIT :

also this
Vitalik Buterin via Google+1 year ago  -  Shared publicly
 
What a real "premine scam" looks like:

http://da-data.blogspot.co.id/2014/08/minting-money-with-monero-and-cpu.html

[TPTB_need_war]

4.   the largest music monetization company is MUSE

What the fuck is that?

Okay this is Peertracks and apparently the Bitshares asset is MUSE.

Peertracks runs on the Bitshares block chain, which means it can't scale to the level of transaction volume that a popular music paid download system will require. Also Bitshares is a highly centralized platform that will ultimately suffer the destruction by winner-take-all economics of power vacuums. Also the Bitshares instant transactions aren't reliable, because there is only one designated confirmation node for each block period, so the performance of blocks can vary. The usability is simply not going to work reliably at-scale. That is why I didn't even bother to attempt my project until I first solved the nearly insoluble issues with the block chain design that everyone else is grappling with.

The Peertracks Note features is interesting. It might turn audiences in P&D targets though, so I am not sure it is desirable. It is also not clear if these are illegal unregistered securities under SEC law in the USA. I do know that in the case of airplane VIP memberships the Supreme Court ruled they were not subject to the Howey test. I will need to study that more.

Peertracks doesn't appear to do anything about enabling the unbanked to monetize music, which is one of my major goals.

Peertracks is IMO too focused on just music. Users are saturated with music distribution choices. I believe it will require more synergies to compete effectively. The serious music fans in developed countries demographic is already heavily targeted by Spotify, iTunes, and other such sites and apps. The wide open frontier are the less serious music lovers, which no one has yet found a way to monetize well. And I can't see anything Peertracks is doing to change that. I just don't think the masses are going to be tuned into Notes as something they are interested in. You are basically trying to turn the serious music fans into speculators. A rule of Marketing 101 is don't assume you can change an Apple into an Orange. You must target a real existing need, not a fantasy. Yeah speculators here will think Notes are cool, but the actual music fans I think will perceive it to be a negative feature and an insult to love of music. You basically corrupt the musicians teaching then to do P&D instead of produce great music. Sigh.

Disclaimer: my project to develop a truly decentralized, instant, microtransaction altcoin, and achieving widespread adoption also incorporates the features targeted by Peertracks except without the Notes, but my projects runs the gamut from games to collaborating on graphic arts and business documents. We have already chosen a name for the project, and I am confident it is the best name seen yet in our crypto arena. The name implies music distribution but it also implies collaboration on anything not just music.

P.S. Some people have sent me private messages asking me how they can find out about what I am working on. Even there won't be an ANN on Bitcointalk, I am sure you will hear about it if I am successful with my goals. I am not currently seeking any investment nor am I offering favoritism on who will learn about it first. Note there won't be a ninjamine, but it won't help you mine it more efficiently by being early because we won't turn on the mining until we have enough users so that mining is a fair launch. Also the mining will be highly unprofitable for everyone, because you will competing against 1000s of users who are mining at a loss. And you won't be able to speed up the miner on a GPU. And the miner will already be highly optimized for the CPU.

[Come-from-Beyond]

For this thread...

Didn't read the OP, it was too long. Just one question: What anti-Sybil method are you using for this poll?

[TPTB_need_war]

For this thread...

Didn't read the OP, it was too long. Just one question: What anti-Sybil method are you using for this poll?

26 votes as of now doesn't seem to qualify as a Sybil attack. If there are 1000 votes, then maybe. I think the forum doesn't allow newbie accounts to vote.

Perhaps you should ask Theymos.

[Come-from-Beyond]

26 votes as of now doesn't seem to qualify as a Sybil attack. If there are 1000 votes, then maybe. I think the forum doesn't allow newbie accounts to vote.

Few votes == not statistically significant.
A lot of votes == Sybil-attacked.

Looks like a failure from the very beginning.

[noobtrader]

26 votes as of now doesn't seem to qualify as a Sybil attack. If there are 1000 votes, then maybe. I think the forum doesn't allow newbie accounts to vote.

Few votes == not statistically significant.
A lot of votes == Sybil-attacked.

Looks like a failure from the very beginning.

yes this poll is a scam... community takeover anyone

[TPTB_need_war]

26 votes as of now doesn't seem to qualify as a Sybil attack. If there are 1000 votes, then maybe. I think the forum doesn't allow newbie accounts to vote.

Few votes == not statistically significant.
A lot of votes == Sybil-attacked.

Looks like a failure from the very beginning.

Whine your spam at Theymos. You are claiming all polls on this site are a scam because you don't like the vote on Iota. Your problem is with Theymos, not with me. The readers here are perhaps giving you some valuable feedback. Ignore it at your own peril.

The truth hurts, but don't shoot the person who asked the question. Shoot Theymos or yourself (or David/iotatoken). I presume Iota's ICO has been very profitable, so I don't think bitterness is appropriate. Market feedback is what it is. If you think the poll is invalid, perhaps you should endeavor to prove it. I would think 100 votes here is statistically significant to gauge roughly the sentiment here on this board. The polls may be Sybil attacked, I don't know. I think you will find that most readers are clueless so there is no accurate sentiment. Rather there are fools lead to the slaughter on this board, so I rather like the outcome of the poll that basically says nearly all the altcoins are scams. That seems rather factual from my expert perspective.

Personally I lean towards the ICO of Iota is a scam based on some innuendo I've heard (but I haven't fully investigated and have no time to waste on that). I think the technology is fundamentally flawed (although somewhat interesting and worthwhile to understanding, but not worthwhile to implement*) and I would never have endorsed it because it would scar my reputation (at least not until a Nash equilibrium is mathematically proven*). The implementation (which you did) may be sound, but I haven't reviewed your code. I assume you produce good code based on what others have said, and also the astuteness of your posts.

* Note there is an argument that centralization is unavoidable and thus one might argue you are okay to proceed. Or perhaps you will eventually show or argue that as long as 50% of the merchants enforce a single math algorithm, then it remains sound. But in my mind, that is still a power vacuum that leads to centralization, because it requires that merchants can't find other game theories for profiting. Maybe you can show they have no other incentive and thus there is a Nash equilibrium. In that case, my opinion of Iota's technology would rise significantly. I don't expect you can show a Nash equilibrium because the CAP theorem assures us that when you allow Partition tolerance as Iota has done, then you lose either Access of Consistency.

[Come-from-Beyond]

You are claiming all polls on this site are a scam because you don't like the vote on Iota.

Where have I claimed that all polls on this site are scams?
Why do you think I don't like the vote on Iota?

EDIT: History repeats itself, now you are on the other side...

now you want to make assumptions about my motives.

[schlonged]

Ah, thank you for re-posting my thread.  I still need to sift through much of your reply. But in the meantime, I am looking for the "best of breed" in the following crypto business sectors in order to build a portfolio.  I've assumed greater market caps are better, unless the community has been scammed by dictator before.

Here is what I have so far:

I have divided my selections into 2 distinct categories:
1.   Governance Models
2.   Niche Businesses

So far, we have only identified 4 major categories of crypto company/community governance models:

1.   - In a Hashocracy like bicoin, only the miners choose which future developments get implemented (which hard forks to take), and anyone is free to compete in the coin mining process.  The original Bitcoin Foundation members did not like fact that they lost their ability to control the miners, so they left to form Decred which is a:

2.   - hybrid Hashocracy/Meritocracy which allows anyone to compete in the coin mining, but only coin holders get to vote on development directions (which hard fork to take).  DASH is now a hybrid Hashocracy/Meritocracy like Decred, but started out as a Dictatorship when Evan misrepresented the total number of shares without indemnifying the shareholders.  Since the SEC has no jurisdiction over a crypto company, there can be no legal recourse for suffering through injustices experienced as a shareholder of a company ruled as a:

3.   - Dictatorship is where a central man or entity tells the miners what to do.  I pledge to avoid any investments in companies who are or have ever been ran as a Dictatorship due to the lack of legal shareholder recourse described in #3 above.

4.   - In a pure Meritocracy like BitShares, shareholders determine which hard forks to take and who is allowed to mine new coins (1 BTS = 1 Vote).  This type of community resembles that of a traditional company with multiple owners.

Because I obviously need to be politically correct here, I formally apologize to Amanda for criticizing her explanation of the DASH governmental structure as anything but its former dictatorship because it’s obvious now that Masternode owners are in control of the DASH network, even though that was not always the case.  I simply choose not to associate with former dictators, and I don’t want to lose the female vote.

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m8s
(I stand corrected Ms. Johnson)

In our second category for crypto investment, I'm searching for the best of breed (large cap) crypto companies in each niche market.  

I only came up with 8 niche crypto business sectors.  Please let me know if I am overlooking any sectors.  Again, I want only the largest cap company in that sector, but not if it has ever been ran a Dictatorship:

1.   the largest (biggest market cap) data storage company is Maidsafe
2.   the largest records database company is Factom
3.   the largest social networking company is Synereo
4.   the largest music monetization company is MUSE
5.   the largest public Turing complete computer is Ethereum
6.   the largest anonymity solution (omitting DASH) is BitShares
7.   the largest file swapping service company is Florincoin (The Alexandria Project)
8.   the largest domain name company is Namecoin

So to summarize:

Are there any crypto business types or governance structures that I have not considered?

Thanks in advance

[TPTB_need_war]

EDIT: History repeats itself, now you are on the other side...

now you want to make assumptions about my motives.

Nothing has changed. I want readers to learn to analyze the technology and learn to not buy tokens for hype that doesn't exist or isn't peer reviewed by non-biased experts.

Notice I am not planning to sell any ICO. Nor am I going to make any ANN on these forums. I am not interested in mining the speculators. I am creating a social network that I want to succeed with millions of users regardless of whether the associated crypto currency succeeds or fails.

Adoption first, that is my creed. I want to do everything different than how it has been done.

My career has been about I don't get paid if I don't have users. I never mined the investors in my life. I refused a $1.2 million stock options offer in 1995. I refused another such offer in 2001. I have always made my money the hard way.

Now I am open to the concept of crowdfunding and shares, but not for the crypto currency! For the for-profit social network. The crypto currency must be fair and decentralized (no one controls it), else it won't be adopted as money. (not unless you are the government which can force legal tender).

[Come-from-Beyond]

Nothing has changed. I want readers to learn to analyze the technology and learn to not buy tokens for hype that doesn't exist or isn't peer reviewed by non-biased experts.

Notice I am not planning to sell any ICO. Nor am I going to make any ANN on these forums. I am not interested in mining the speculators. I am creating a social network that I want to succeed with millions of users regardless of whether the associated crypto currency succeeds or fails.

Adoption first, that is my creed. I want to do everything different than how it has been done.

My career has been about I don't get paid if I don't have users. I never mined the investors in my life. I refused a $1.2 million stock options offer in 1995. I refused another such offer in 2001. I have always made my money the hard way.

Now I am open to the concept of crowdfunding and shares, but not for the crypto currency! For the social network. The crypto currency must be fair, else it won't be adopted as money. (not unless you are the government which can force legal tender).

It's not what I was talking about, but never mind - this is my bad English.

[Equilibriums]

Hi all.

For some time i was blinded by the TPTB_need_war(Anonimynt etc.) technical blabbering and i really thought that he is here for the sake of good.
I have lurked here in the crypto forums for a couple of years now and i am convinced now that even though he knows what he is talking, his intentions are very self motivated.
Definition of scam here = the biggest competitor.
I would define all those so called altcoins as a cradle for innovation and those who are not innovating are the real scams.
No point of talking about distribution and knowing that the world beyond BCT forum at the grand scale of things are completely unaware of this technology etc.
For them(end user), we all could be defined as instaminers or scammers but i dont think thats the case.
If you belive in that blockchain technology, then it is your job to help, educate and expand the awareness, not mine the speculators behalf of other more successful and innovative projects.
In the end market will decide and i hope that people will see beyond those that shout the loudest!

Best regards,
Equilibriums

[TPTB_need_war]

Definition of scam here = the biggest competitor.

The definition was provided:

For this thread, a scam coin is defined to be one where the insiders have hyped features which can not work as described or features which do not exist and profited on selling coins (tokens) to the market. Scam coins do not have actual usership and do nothing to help the crypto currency ecosystem grow because they are just mining the speculators and preselling hype. Having no usership is not by itself an indicator of a scam coin, for as long as there is sincere effort and realistic plans to achieve user adoption and network effects (but a year after selling $18 million in tokens for vaporware and still having only ~0 users is a strong indicator of scam), and not just predominately selling hype for insiders to sell tokens to mine the speculators. In other words, a scam coin is just using hype (and not actual technical achievements that have been well vetted by substantial and non-biased expert peer review) to pretend to be about real adoption and really just exists to create and sell tokens.

I can't help it that nearly all the altcoins are scams per the definition above.

You argue I shouldn't compete and try to improve the situation. Nonsense. You'd prefer I leave crypto and let it die in one big scam, centralized cluster fuck. Are you insane.

Instead make solid arguments as to why the altcoins in this list are not scams per the definition provided. You can't, loser.

[Come-from-Beyond]

You can't, loser.

Name calling don't improve your reputation, you should reconsider your tactics, unless you post for the sake of posting.

[TPTB_need_war]

Instead make solid arguments as to why the altcoins in this list are not scams per the definition provided. You can't, loser.

Name calling don't improve your reputation, you should reconsider your tactics, unless you post for the sake of posting.

I speak factually to trolls, else I don't speak at all (which would be wiser yet I do a service for the community here as a sacrifice from my time to code and do professional endeavors).

And you are trolling me in this thread.

[TPTB_need_war]

Decentralized file storage block chains are entirely flawed and only a completely clueless fool wouldn't realize it:

Whoops. This is why technological idiots shouldn't be investing in technology they don't understand.

You are investing in something which has an insoluble technical flaw and can't work:

7.   the largest file swapping service company is Florincoin (The Alexandria Project)

Inoramus, don't you know that all these decentralized file storage systems (including Sia, Storj, Florincoin, etc) can't work because I explained that proof-of-storage (a.k.a. proof-of-retrievability) is nonsense because anyone can pretend to be running many nodes and keep it all stored on one node. Thus Sybil attacking the system and cheating its economics and data retention resiliency.

MaidSafe is a scam. Even the claimed anonymity is technical bullshit.

I am so tired of this forum and endless stream of new ignoramuses who join this forum. I am not paid to reteach all of you fools! I would never fix the problems by coding if I spent all my time teaching all of you.

5 Proof of Storage

Storage proof transactions are periodically submitted
in order to fulll le contracts. Each storage proof
targets a specic le contract.

So a single entity can pretend to be many nodes, and Sybil sign and fulfill many such contracts on the same data, yet the client pays for more backup copies but only gets the resiliency of one backup copy.

As well, that entity might just short the Sia coin and then disconnect all his nodes and destroy the coin.

This is a fucking mess. And I can't believe that idiots are investing in these decentralized storage shit coins. How stupid are these guys on these forums.  

7.4 Basic Reputation System

Clients need a reliable method for picking quality
hosts. Analyzing their history is insucient, because
the history could be spoofed. A host could repeat-
edly form contracts with itself, agreeing to store large
\fake" les, such as a le containing only zeros. It
would be trivial to perform storage proofs on such
data without actually storing anything.

To mitigate this Sybil attack, clients can require
that hosts that announce themselves in the arbitrary
data section also include a large volume of time locked
coins. If 10 coins are time locked 14 days into the
future, then the host can be said to have created a
lock valued at 140 coin-days. By favoring hosts that
have created high-value locks, clients can mitigate the
risk of Sybil attacks, as valuable locks are not trivial
to create.

Same as for proof-of-stake deposits, this only has to be deposited once yet can be used to Sybil attack unbounded number of clients ongoing.

And shorting the coin can be more profitable than the deposit staked.

Reputation systems devolve to centralization winner-take-all paradigms due to the power vacuum created by the security hole (the potential to attack the coin and/or clients).

...later financially connected to Bitcoin via a two-way peg...

Also Side-chains are a flawed mess.

I do ask that you don't smear insults throughout your posts because it makes it difficult to see your technical arguments and distracts from your core points.

It adds no difficulty. Don't be disingenuous.

It is because after 10,000+ posts, an endless stream of idiots causes me to have to repeat the same technical points over and over and over and over and over and over...

The insults are intended to shame them into doing some reading before posting or investing. After 10,000+ posts, I think I deserve to express such frustration. If you don't, you are free to ignore me.

The second problem is that you are citing some pretty old information about how Sia works, and you are missing some important details that help bring the system together and secure it.

It doesn't matter. The issue I cited is insoluble. You will never find a technical solution. Ever.

The first technical argument you make is that "anyone can pretend to be running many nodes and keep it all stored on one node". I'm not sure if you are talking about a deduplication attack here, or just a standard Sybil attack.

Sybil attack as I had stated. I never mentioned deduplication.

The Sybil attack is, in my qualified opinion, the weakest part of the Sia protocol. But we do have sufficient defense against it, and that comes in the form of proof-of-burn.

Nope. I already explained why staking (analogously burning) doesn't provide sufficient security.

Also you talk about shorting a coin and then using the money raised from shorting it to attack it. You would need to buy the short from somewhere, and you'd need enough money to both buy the shorts and then have enough to do the proof-of-burn. I'm doubting that someone would let you short a massive volume of some asset, if you are shorting that much they would probably get suspicious.

An illiquid coin is rather useless. If that is your goal, then you are stating it won't be widely adopted.

Edit: note that shorting isn't required to break the economic model for the security. The staked (deposited and risked) or burned coins can be offset by earnings and in fact must be, otherwise no one will be a storage provider.

Also I was the one who invented proof-of-storage in 2013. I abandoned it because the Sybil attack is insoluble. I am the inventor of the shit.

[Come-from-Beyond]

And you are trolling me in this thread.

If pointing to your incorrect behavior is trolling - yes, I'm trolling you in this thread.

[TPTB_need_war]

And you are trolling me in this thread.

If pointing to your incorrect behavior is trolling

Define incorrect behavior.

I see my behavior was correct. I see your behavior is incorrect.

You are posting noise. (Noise is defined as not relevant to the topic of this thread. You could start a Meta thread about politically correct double-speak if you wish).

[cryptohunter]

And you are trolling me in this thread.

If pointing to your incorrect behavior is trolling - yes, I'm trolling you in this thread.

Hmmm 15 votes for IOTA and it's not even released? this does not look good.


After NXT you should have learned that people will not forget poor initial distribution. Like the devs and a relative handful of people owning all the coins.
When I see 30x price being demanded and set in stone as the new price for something that is still not out then I know the ICO was not made available to all. If you don't know about it then it is not really available to you!

30X ico price?? that's = ethereum and IOTA is not released and on exchange. HYPE?? Let's all start using it before we recognise it as deserving that kind of market cap.
This supply and demand issue on the board suggests either everyone had a sudden change of opinion or they didn't know about the ICO.


Look at LISK (i'm not commenting on the tech or advising people invest that is up to them) this is how you make an effort to advertise and run an ICO.

You can't go one page on this forum without 5 huge lisk banners.
Facebook and twitter rewards for social advertising.


If not a scam then a poor effort considering your background and knowledge in this field and on this board. All I can see so far is a small group of people hyping and pumping.

[Come-from-Beyond]

Define incorrect behavior.

Not going to explain obvious things. Also we are derailing this thread.

[TPTB_need_war]

Also we areI am derailing this thread.

[slapper]

Look at LISK (i'm not commenting on the tech or advising people invest that is up to them) this is how you make an effort to advertise and run an ICO.

You can't go one page on this forum without 5 huge lisk banners.
Facebook and twitter rewards for social advertising.


If not a scam then a poor effort considering your background and knowledge in this field and on this board. All I can see so far is a small group of people hyping and pumping.

LISK is just like all other ICOs, a crap and a cancer. It was, is and will always be a shitcoin. Yes I know you shills are going to make some profit.

[altcoinUK]

Hmmm 15 votes for IOTA and it's not even released? this does not look good.

IOTA is a blatant scam, a pure P&D operation, just like LISK. This thread at https://bitcointalk.org/index.php?topic=1354220.300 explains all. You can also see the IOTA sockpuppets, shills and developers in full force in that thread.

[qwizzie]

i think we are still missing one cryptocurrency to vote over, which is of course your own cryptocurrency TPTB.
so lets just reset the poll and include your concept coin as well, i'm sure we all have opinions about it.

i'm also thinking about creating my own poll : "Do we have enough polls in this altcoin discussion section that define possible scam coins?"
a simple yes and no option should be sufficient here i think 

[r0ach]

Well, if you want to use a logical benchmark for determining exactly what the hell a "decentralized currency" is, it would likely be one where the block reward or coin issuance is independent from it's creator.  Ones that don't fit those conditions would probably fall under centralized businesses or just flat out scams.

[TPTB_need_war]

qwizzie the known #1 Dash pumper (and thus scammer),

i think we are still missing one cryptocurrency to vote over, which is of course your own cryptocurrency TPTB.
so lets just reset the poll and include your concept coin as well, i'm sure we have opinions about it.

The definition in the OP requires tokens to be for sale. I have no tokens for sale.

I know you Dash thieves don't like clear logic.

[Come-from-Beyond]

IOTA is a blatant scam, a pure P&D operation, just like LISK. This thread at https://bitcointalk.org/index.php?topic=1354220.300 explains all. You can also see the IOTA sockpuppets, shills and developers in full force in that thread.

You have returned to your standard tactics. Looks like you have accepted that noone believed in your "I contacted law enforcements of all jurisdictions" bullshit. I hope it wasn't very harmful to your ego.

[qwizzie]

qwizzie the known #1 Dash pumper (and thus scammer),

i think we are still missing one cryptocurrency to vote over, which is of course your own cryptocurrency TPTB.
so lets just reset the poll and include your concept coin as well, i'm sure we have opinions about it.

The definition in the OP requires tokens to be for sale. I have no tokens for sale.

I know you Dash thieves don't like clear logic.

i wish i could pump Dash the way you think i can, i would lead a much more comfortable life that way  

Sorry TPTB, i'm no pumper and most certainly no scammer. I'm a bit disappointed in your reply to be honest,
i guess honesty is going down the drain when competition and posting on the internet is involved...

[TPTB_need_war]

IOTA is a blatant scam, a pure P&D operation, just like LISK. This thread at https://bitcointalk.org/index.php?topic=1354220.300 explains all. You can also see the IOTA sockpuppets, shills and developers in full force in that thread.

You have returned to your standard tactics.

Note I asked CfB if we could be contacts on LinkedIn, and he doesn't maintain a LinkedIn profile. What professional programmer these days doesn't maintain a LinkedIn profile. For public figure and to have a solid reputation, I think this is a must. Who is this David that is the principle behind Iota? What is his history and background?

This altcoin arena is dominated by scams because we don't demand that the lead developers are public figures and responsible for opening themselves up to scrutiny. We have no idea what these developers have accomplished in the real world over their careers.

I became more amenable to Monero, when fluffypony was shown on video recently at the Satoshi Roundtable. But I still lack information about the Monero devs backgrounds and history.

I think we should all demand our developers come out from the shadows and put themselves at-risk of public scruntiny.


Edit: the major pumpers of a coin, e.g. qwizzie, should also make their LinkedIn profiles available. Does Evan @ Dash have a LinkedIn profile?

[cryptohunter]

Look at LISK (i'm not commenting on the tech or advising people invest that is up to them) this is how you make an effort to advertise and run an ICO.

You can't go one page on this forum without 5 huge lisk banners.
Facebook and twitter rewards for social advertising.


If not a scam then a poor effort considering your background and knowledge in this field and on this board. All I can see so far is a small group of people hyping and pumping.

LISK is just like all other ICOs, a crap and a cancer. It was, is and will always be a shitcoin. Yes I know you shills are going to make some profit.

LISK could well turn out to be a scam based on the concept being junk. I don't know. Did i invest yes a tiny amount not worth talking about.

My point for mentioning LISK is that they are pumping the hell out of it during ICO. This is reverse scam mentality because if everyone buys in at the ICO who are you going to pump it to at inflated prices at exchange if you all have some? the tech would have to talk for itself and become desirable.

The only people that usually pump during ICO are the ones that know their product is totally shit and intend to run with the cash.
Maybe they'll do that but they are being very open about their identities if they are going that route.

I am not advocating LISK I am comparing LISKS approach to IOTA which i find like NXT's  approach.

I do not like and ICO at all. Because everyone I have ever seen except maybe nem is rigged in one of the two ways i mentioned.


1. good tech ico - poor initial distribution and strangled supply whilst pumping the tech to everyone and extracting max btc

2. no tech - pump during ico - run with funds.

Ethereum - ran a reasonable ICO by the boards standards and gave POW. I have still doubts about the tech and didn't choose to do the ICO or even buy at  $5 . However their ICO was okay but greedy for themselves.... open greed I can choose to to take or leave. Can they and their whale pals manipulate the market...of course they still can.

Well organised POW with advertised release and stringent diff adjustments , pools and all the rest can not be gamed half as bad as ICO.

I was on over 100 coins released... mining from the very start. If there were pools and loads of people ready from the outset with rapid dif adjust I don't think anyone even a botnet would be able to take more than the share of electricity they put in.

[Equilibriums]

Bitcoin   - First real p2p currency without the middelman. Works fine, but have a governance issue combined with centralised mining etc.
Ethereum   - Promises to be the first p2p smart contracts provider without the middleman. Not quite there yet, but the team and support are strong.
Ripple   - p2p payments for the banks. Works fine.
Litecoin   - Safe haven coin for the bitcoin speculators. Works fine but due to no real innovation i dont see the difference from hundreds of others, only network effect.
MaidSafeCoin - Decentralized internet. I dont think thy are quite there yet, but the idea is interesting.
Dash            - Trying to be the best bitcoin. Allready has solved 0-conf problem with its instant-x tech, robust optional anonymity, rewarded full nodes, core integrated governance and budgeting system etc. All those previously mentioned things allready in working condition, not final but still working. Many great ideas and promises for the future release.
Factom   - First decentralised p2p fully transparent accounting system for businesses etc. i dont think they are quite there yet but again strong team and support.
Dogecoin   - First successful meme currency. Works fine, but lack of innovation and depends on litecoin network.
BitShares   - Decentralized Exchange. Many good ideas and a lot allready working.
Monero   - Trying to be the best anon currency based on CN. Due to heavy trolling from monero guys i am little bit biased but i think that their tech works fine. I am not completely sure about what they added to bytecoin code. They promise to be a lot, just that trolling part combined with opaque blockchain makes me ask many questions.
NEM           - They aim to creata a new economy based on the principles of decentralization, financial freedom, and equality of opportunity. I dont think they are quite there yet. Lots of promises.

I will continue afterwards if you want put the point is that many of those so called coins are really innovating and just that they are not quite there yet doesnt make them a scam.
Take these tokens as a shares of a future product, a decentralised p2p product.
Some will deliver, some will not, thats the way of life.

[Come-from-Beyond]

Note I asked CfB if we could be contacts on LinkedIn, and he doesn't maintain a LinkedIn profile. What professional programmer these days doesn't maintain a LinkedIn profile.

Hm, first you quoted me out of the context to push your agenda that Iota is centralized. Now you implied that I'm not a professional programmer because I don't have LinkedIn profile, but you forgot to mention that I speak 7 programming languages heavily used in the industry (and this is from the same letter). I bet real AnonyMint sold his account.

[TPTB_need_war]

Ethereum   - Promises to be the first p2p smart contracts provider without the middleman. Not quite there yet, but the team and support are strong.
Ripple   - p2p payments for the banks. Works fine.
MaidSafeCoin - Decentralized internet. I dont think thy are quite there yet, but the idea is interesting.
Dash            - Trying to be the best bitcoin. Allready has solved 0-conf problem with its instant-x tech, robust optional anonymity, rewarded full nodes, core integrated governance and budgeting system etc. All those previously mentioned things allready in working condition, not final but still working. Many great ideas and promises for the future release.
Factom   - First decentralised p2p fully transparent accounting system for businesses etc. i dont think they are quite there yet but again strong team and support.
Dogecoin   - First successful meme currency. Works fine, but lack of innovation and depends on litecoin network.
BitShares   - Decentralized Exchange. Many good ideas and a lot allready working.

Lies and hype. Thus proving why they are scams.

No evidence of strong teams. Where is the career history and accomplishments.

[TPTB_need_war]

but you forgot to mention that I speak 7 programming languages heavily used in the industry

I want to see your entire career and education history so I know who you are and what you have accomplished. Anyone can claim to know several programming languages. I do too. But accomplishments are what demonstrate that someone would want to hire you.

Also to see that the people you've worked for/with in the past, do maintain a link with you on LinkedIn and thus that your career wasn't a script kiddie hacker stealing codes. And to see what sort of accomplishments the people you have worked with, have made. To get some feel for if you have been important in software.

[cryptohunter]

qwizzie the known #1 Dash pumper (and thus scammer),

i think we are still missing one cryptocurrency to vote over, which is of course your own cryptocurrency TPTB.
so lets just reset the poll and include your concept coin as well, i'm sure we have opinions about it.

The definition in the OP requires tokens to be for sale. I have no tokens for sale.

I know you Dash thieves don't like clear logic.

i wish i could pump Dash the way you think i can, i would lead a much more comfortable life that way  

Sorry TPTB, i'm no pumper and most certainly no scammer. I'm a bit disappointed in your reply to be honest,
i guess honesty is going down the drain when competition and posting on the internet is involved...

Look you are a known DARK DASH pumper - this is not in question anyone can look on the main forum and count the threads on dash you put there. It is not possible to deny it.  You are not a scammer but your crazy positive opinion of dash is misleading and dangerous to others.


Really this board needs a thread and a sticky thread at that.

KNOWN PUMPERS  COINS - THEIR OPINIONS ARE SUBJECTIVE AT BEST ON THERE CHOSEN COIN

coin name - pumper name - number of threads and references to all the pumps and over positive threads started on the main section by them. Compile a list of people that although may not be scammers there is no point believing they are objective when discussing their chosen coin.

[Come-from-Beyond]

I want to see your entire career and education history so I know who you are and what you have accomplished. Anyone can claim to know several programming languages. I do too. But accomplishments are what demonstrate that someone would want to hire you.

If you don't believe that I know 10 languages then why will you believe in my career and education history?

[TPTB_need_war]

I want to see your entire career and education history so I know who you are and what you have accomplished. Anyone can claim to know several programming languages. I do too. But accomplishments are what demonstrate that someone would want to hire you.

If you don't believe that I know 10 languages then why will you believe in my career and education history?

Try reading my post again to see the various methods I can employ to build a preponderance of evidence that you are important in software.

Knowing a language is not the same as being highly proficient and is not a metric of producing major accomplishments. I don't doubt you can code, rather I don't know whether you've always been working on shady stuff or if you actually done mainstream important work ever.

[Come-from-Beyond]

Try reading my post again to see the various methods I can employ to build a preponderance of evidence that you are important in software.

Knowing a language is not the same as being highly proficient and is not a metric of producing major accomplishments. I don't doubt you can code, rather I don't know whether you've always been working on shady stuff or if you actually done mainstream important work ever.

Haha, "shady stuff". I don't ask for the definition, I know that your definitions are unorthodox and unusable by common people.

[Levole11]

Tptb is the biggest scammer in here..
- claims he's terminally Ill.. not true
- claims he works on a crypto thats going to change the world.. lol, not true
- claims x coin is flawed, but when challenged and incentivized to prove it, backs off..
- claims he's leaving the forum to code the only crypto thats not a scam.. This one's the biggest lol  

For more lols just look at his post history...

[qwizzie]

qwizzie the known #1 Dash pumper (and thus scammer),

i think we are still missing one cryptocurrency to vote over, which is of course your own cryptocurrency TPTB.
so lets just reset the poll and include your concept coin as well, i'm sure we have opinions about it.

The definition in the OP requires tokens to be for sale. I have no tokens for sale.

I know you Dash thieves don't like clear logic.

i wish i could pump Dash the way you think i can, i would lead a much more comfortable life that way  

Sorry TPTB, i'm no pumper and most certainly no scammer. I'm a bit disappointed in your reply to be honest,
i guess honesty is going down the drain when competition and posting on the internet is involved...

Look you are a known DARK DASH pumper - this is not in question anyone can look on the main forum and count the threads on dash you put there. It is not possible to deny it.  You are not a scammer but your crazy positive opinion of dash is misleading and dangerous to others.


Really this board needs a thread and a sticky thread at that.

KNOWN PUMPERS  COINS - THEIR OPINIONS ARE SUBJECTIVE AT BEST ON THERE CHOSEN COIN

coin name - pumper name - number of threads and references to all the pumps and over positive threads started on the main section by them. Compile a list of people that although may not be scammers there is no point believing they are objective when discussing their chosen coin.

which would of course include you and frankly a lot of other people who are generally interested in their own cryptocurrency and post a lot in their own ANN thread.
well, at least you are honest enough to admit i'm no scammer, which i cant say of OP

[TPTB_need_war]

Haha, "shady stuff"

Nxt and JINN Labs. Selling illegal unregistered IPO/ICO securities to US investors.

I have never done that in my entire life. I have instead more than once coded software which attained more than million users. Real world accomplishments. And not shady.

[Come-from-Beyond]

I have instead more than once coded software which attained more than million users.

OK.

[TPTB_need_war]

- claims he's terminally Ill.. not true

I have not claimed terminally ill. I said unknown illness; and I was so ill in Q3 of 2015 that I started to consider the possibility of it being terminal. I have some improvement past week or so, perhaps due to this multi-herbal tea I am drinking several times daily. Also my diet and defecation has normlized recently with oatmeal and stopped eating fried foods after I was diagnosed with fatty liver and sludge in my bile (which wasn't a complete explanation for my symptoms but did motivate me to modify my diet).

How much BTC are you willing to bet that I don't have a chronic illness in my gut and peripheral neuropathy? I can then produce notarized medical documents and take your BTC from the escrow.

Are you betting or not?

- claims x coin is flawed, but when challenged and incentivized to prove it, backs off..

Liar. No one has refuted my technology points in 2016. No one. Zilch. Not even once in 2016.

[altcoinUK]

IOTA is a blatant scam, a pure P&D operation, just like LISK. This thread at https://bitcointalk.org/index.php?topic=1354220.300 explains all. You can also see the IOTA sockpuppets, shills and developers in full force in that thread.

You have returned to your standard tactics.

Note I asked CfB if we could be contacts on LinkedIn, and he doesn't maintain a LinkedIn profile. What professional programmer these days doesn't maintain a LinkedIn profile. For public figure and to have a solid reputation, I think this is a must. Who is this David that is the principle behind Iota? What is his history and background?

This altcoin arena is dominated by scams because we don't demand that the lead developers are public figures and responsible for opening themselves up to scrutiny. We have no idea what these developers have accomplished in the real world over their careers.

I became more amenable to Monero, when fluffypony was shown on video recently at the Satoshi Roundtable. But I still lack information about the Monero devs backgrounds and history.

I think we should all demand our developers come out from the shadows and put themselves at-risk of public scruntiny.


Edit: the major pumpers of a coin, e.g. gwizzie, should also make their LinkedIn profiles available. Does Evan @ Dash have a LinkedIn profile?

Please do not bother with this low life Belarusian CfB scammer. He is a law enforcement matter rather than a community member or a professional you should cooperate with. Of course he won't be your contact in Linkedin. He is a scammer. Besides that, his only professional credential that he was one of the main figure of the NXT and JINN scams. He never ever worked any software company that could be listed on Linkedin. Why a software developer like yourself with a reputable CV and extensive experience in software engineering would engage with a low life scammer? Please ignore him. Many of us respect you here. You can gain nothing from the association with this scammer.

On the professional note, as you are a software engineer, please download his Java files (12 files, that's all IOTA is which was sold to the idiots) and conduct a code review on it. Someone sent me the first version of IOTA and I had the bad fortune to see the coding of this wanker. Once you downloaded you will see a poor quality code. Lack of error handling, lack of exception handling, lack of comments, poorly implemented object oriented design - all which indicate this guy has never worked in professional environment for a serious company, where he would face to the scrutiny of experienced engineers like yourself. What would you do if such shambolic work would be submitted by a junior programmer? You would tell the junior software engineer: please correct these basic violations of software engineering principles, and then the code review will be continued. Since he could scam money from the idiots even with a poorly written, amateurish software, he doesn't have to learn designing proper software, right? So this low life scammer is not in your league. I suggest treat him accordingly.

[cryptohunter]

qwizzie the known #1 Dash pumper (and thus scammer),

i think we are still missing one cryptocurrency to vote over, which is of course your own cryptocurrency TPTB.
so lets just reset the poll and include your concept coin as well, i'm sure we have opinions about it.

The definition in the OP requires tokens to be for sale. I have no tokens for sale.

I know you Dash thieves don't like clear logic.

i wish i could pump Dash the way you think i can, i would lead a much more comfortable life that way  

Sorry TPTB, i'm no pumper and most certainly no scammer. I'm a bit disappointed in your reply to be honest,
i guess honesty is going down the drain when competition and posting on the internet is involved...

Look you are a known DARK DASH pumper - this is not in question anyone can look on the main forum and count the threads on dash you put there. It is not possible to deny it.  You are not a scammer but your crazy positive opinion of dash is misleading and dangerous to others.


Really this board needs a thread and a sticky thread at that.

KNOWN PUMPERS  COINS - THEIR OPINIONS ARE SUBJECTIVE AT BEST ON THERE CHOSEN COIN

coin name - pumper name - number of threads and references to all the pumps and over positive threads started on the main section by them. Compile a list of people that although may not be scammers there is no point believing they are objective when discussing their chosen coin.

which would of course include you and frankly a lot of other people who are generally interested in their own cryptocurrency and post a lot in their own ANN thread.
well, at least you are honest enough to admit i'm no scammer, which i cant say of OP

You can put me on that list if you can prove it. I have over 200 alts - bags and bags of all kinds of stuff I mined up for nothing. There is no one coin I care enough about to be hysterical about it. I really am a collector (bag holder) more than an investor. Although i like now to read reasonable discussions on various coins and not have those discussions destroyed by hysteria from people that are totally subjective with regard their chosen coin.
If every comment on here was backed by some fact or evidence you would have a LOT less comments made.

[VultureFund]

TPTB you're a genious analyser, I'm sure all what are you saying is the pure truth and so on, but you don't control the trading flow man!!

It's obvious that any of these shitcoins will succed in the real life, but this don't mean that are completely useless!!

Most people don't like to say so, BUT THEY LOVE SPECULATION, like they love betting or playing in casinos. It's just low-human nature. Right now, we're seeing a huge increase in volume of altcoins.

Sure most volume is from insiders, but I'm also sure that new SPECULATIVE money is being attracted to the scene. So even if MAID, ETH or all those shits are obvious scams, I have the feeling the party hasn't ended yet...

TPTB, seriously, we're waiting for your coin, we have lots of projects in mind but we need a TRUE coin to support them. I hope you have good news soon man.

[Come-from-Beyond]

Please do not bother with this low life Belarusian CfB scammer. He is a law enforcement matter rather than a community member or a professional you should cooperate with. Of course he won't be your contact in Linkedin. He is a scammer. Besides that, his only professional credential that he was one of the main figure of the NXT and JINN scams. He never ever worked any software company that could be listed on Linkedin. Why a software developer like yourself with a reputable CV and extensive experience in software engineers would engage with a low life scammer? Please ignore him. Many of us respect you here. You can gain nothing from the association with this scammer.

On the professional note, as you are a software engineer, please download his Java files (12 files, that's all IOTA is which was sold to the idiots) and conduct a code review on it. Someone sent me the first version of IOTA and I had the bad fortune to see the coding of this wanker. Once you downloaded you will see a poor quality code. Lack of error handling, lack of exception handling, lack of comments, poorly implemented object oriented design - all which indicate this guy has never worked in professional environment for a serious company. What would you do if such shambolic work would be submitted by a junior programmer? You would tell the junior software engineer: please correct these basic violations of software engineering principles, and then the code review will be continued. Since he could scam money from the idiots, he doesn't have to learn designing proper software, right? So this low life scammer is not in your league. I suggest treat him accordingly.

Of course, you'll fail to prove even a piece of this even if your life will depend on that.

[Levole11]

- claims he's terminally Ill.. not true

I have not claimed terminally ill. I said unknown illness (and I was so ill in Q3 of 2015), that I started to consider the possibility of it being terminal.

How much BTC are you willing to bet that I don't have a chronic illness in my gut and peripheral neuropathy? I can then produce notarized medical documents and take your BTC from the escrow.

Are you betting or not?

Ooh fuck off.. bet bla bla..  I can search for specific posts in which you claim you think you're terminally Ill and that thats the reason you cant work on your world changing crypto.. ( lolling everytime )

When are you gonna really show something that matches you're megalomaniac behaviour on this forum..you seem to have all the time for trolling projects who actually delivered waay more than you have in crypto..

I think the only illness you have is psychological, not physical.. no lols

[Come-from-Beyond]

I think the only illness you have is psychological, not physical.. no lols

Perhaps you confuse it with midlife crisis. The latter is not treated as a disease despite of having similar external manifestations. Everyone of us - younger ones - will face it. If live long enough, lol.

[TPTB_need_war]

you seem to have all the time for trolling projects who actually delivered waay more than you have in crypto

Analyzing technology and pointing out egregious flaws is an accomplishment and those egregious flaws mean they haven't delivered anything but scams and hype.

You resent the truth. Sorry for that. You can complain to the Universe.

I think the only illness you have is psychological, not physical.. no lols

Perhaps you confuse it with midlife crisis. The latter is not treated as a disease despite of having similar external manifestations. Everyone of us - younger ones - will face it. If live long enough, lol.

It is a possibility. I have seriously entertained the possibility that my testosterone is too low and reinstated my barbell workouts this week, which seems to really help a lot.

But the problem was all during 2015, after I did a barbell workout, I crashed into Chronic Fatigue Syndrome the next days. Lately on the herbal tea, I have good energy most of the time. But my legs are still not performing normally (extreme weakness to the point of pain while sitting and don't have ompph often when try to run). Will test for testosterone level soon.

rangedriver thinks fungal infection turning the hormone system estrogen. I am also considering a cancer on the endocrine region of the pancreas which could affect hormones. The decline I have is not normal for my age. It is like what I man might face past the age of 90.

[Levole11]

you seem to have all the time for trolling projects who actually delivered waay more than you have in crypto

Analyzing technology and pointing out egregious flaws is an accomplishment and those egregious flaws mean they haven't delivered anything but scams and hype.

You resent the truth. Sorry for that. You can complain to the Universe.

Much irony in that sentence..

[altcoinUK]

Nxt and JINN Labs. Selling illegal unregistered IPO/ICO securities to US investors.

Precisely. Besides that, terms of the business plan it is a blatant scam as they don't have any IoT system nor the team, infrastructure, expertise, experience, most importantly not the use case to create one. Luring money from the idiots, that's all.

24 votes on your list and IOTA has not even been released. Even inexperienced users who know nothing about technology and software can see IOTA is a scam.

[Come-from-Beyond]

Will test for testosterone level soon.

You may find this interesting - http://nextshark.com/guy-goes-to-mexico-to-kill-himself-changes-his-mind-after-doing-coke-and-banging-hookers-for-a-week/.

[Come-from-Beyond]

Even inexperienced users who know nothing about technology and software...

You like to talk about yourself much, haha.

[TPTB_need_war]

Will test for testosterone level soon.

You may find this interesting - http://nextshark.com/guy-goes-to-mexico-to-kill-himself-changes-his-mind-after-doing-coke-and-banging-hookers-for-a-week/.

My health problem is physical, not mental. I assure you. I am eager enough about life. I have all the motivation I want here in the Philippines. The problem is my body is physically messed up and I am trying to find a cure.

Can we stop this off-topic discussion now.

[Come-from-Beyond]

My health problem is physical, not mental. I assure you. I am eager enough about life. I have all the motivation I want here in the Philippines. The problem is my body is physically messed up and I am trying to find a cure.

Can we stop this off-topic discussion now.

You live in Philippines? I believed you are from the USA because only a USA citizen could be so arrogant to think that LinkedIn is the only resource for programmers...

EDIT: I've just checked, Philippines is an ex-USA colony, this explains a lot in your behavior.

[TPTB_need_war]

TPTB you're a genious analyser, I'm sure all what are you saying is the pure truth and so on, but you don't control the trading flow man!!

It's obvious that any of these shitcoins will succed in the real life, but this don't mean that are completely useless!!

Most people don't like to say so, BUT THEY LOVE SPECULATION, like they love betting or playing in casinos. It's just low-human nature. Right now, we're seeing a huge increase in volume of altcoins.

Sure most volume is from insiders, but I'm also sure that new SPECULATIVE money is being attracted to the scene. So even if MAID, ETH or all those shits are obvious scams, I have the feeling the party hasn't ended yet...

I am not trying to control.

I intended to stop posting and still do intend to.

I just decided I wanted a poll that asked the question the right way and allowed everyone to vote for as many coins as they wish so we can get a more accurate reflection of the sentiment on the forum. I am pleasantly surprised to see that the forum actually does reasonably understand that most of the altcoins are scams (although they needed some help from me to see that for example Factom is hyping a nonsense design).

So this further confirms to me that I need to leave this forum because it is very unprofessional and is for people who have addiction issues.

I want to get back to working with professionals in the industry. I let myself slide away from that over the past decade. I want to create software for users, not for addicted people or people who want to steal from others by trying to be the winner in the greater fool theory of investing that causes most to be losers. I am interested in speculators who invest to better the world.

So this poll is a way of confirming to me that I am wasting my time here.

We end up like what we chose to work on, invest in, and be involved in.

Mix yourself with low lifes, and you will end up a low life also. I speak from first-hand experience of seeing my life disintegrate based on a choice who to associate with in my 30s.

https://www.youtube.com/watch?v=4-k2JCV4TCs

[cryptohunter]

Please do not bother with this low life Belarusian CfB scammer. He is a law enforcement matter rather than a community member or a professional you should cooperate with. Of course he won't be your contact in Linkedin. He is a scammer. Besides that, his only professional credential that he was one of the main figure of the NXT and JINN scams. He never ever worked any software company that could be listed on Linkedin. Why a software developer like yourself with a reputable CV and extensive experience in software engineers would engage with a low life scammer? Please ignore him. Many of us respect you here. You can gain nothing from the association with this scammer.

On the professional note, as you are a software engineer, please download his Java files (12 files, that's all IOTA is which was sold to the idiots) and conduct a code review on it. Someone sent me the first version of IOTA and I had the bad fortune to see the coding of this wanker. Once you downloaded you will see a poor quality code. Lack of error handling, lack of exception handling, lack of comments, poorly implemented object oriented design - all which indicate this guy has never worked in professional environment for a serious company. What would you do if such shambolic work would be submitted by a junior programmer? You would tell the junior software engineer: please correct these basic violations of software engineering principles, and then the code review will be continued. Since he could scam money from the idiots, he doesn't have to learn designing proper software, right? So this low life scammer is not in your league. I suggest treat him accordingly.

Of course, you'll fail to prove even a piece of this even if your life will depend on that.

You can't be allowed to use  IOTA to full power not  after NXT ....it's just not possible that you're that much smarter than the entire board.

I personally think you are probably a kind of genius (well read) self taught programmer with great capacity for conceptual design and can code it out. I also believe you are very greedy and not a full on pure winner takes all scammer. Or rather you know like many smart people do that enough people need to be involved in the scam and be invested/believe in it for it to succeed and for you to be able to exit to the next one. You are not a low level winner takes all and run scammer. You are smart enough that most will never suspect they have been over charged. I even believe Iota token may work (not because i understand the coding or even the concept) but because I know you will never wish to be known as an outright scammer and you will not dirty the CFB persona. This will not be your last project. Although you will always exist here CFB will fade away never a confirmed bad guy but people now have their doubts.. Your projects are good enough that you can get away with it and nobody can prove you did wrong.

You will never reveal your true identity.

You can prove me wrong of course by telling us who you are?

The only way people can't run project after project after project extracting BTC is reveal and have verified who they are for real.

Again I do not at all question that you're a very intelligent individual but I'd rather invest with sherlock holmes than professor moriarty.

No more excuses or riddles. Who is CFB??

[TPTB_need_war]

Note CfB claims he showed his passport in the past. I haven't seen it and IMO his passport is irrelevant. What I wanted to know is what he accomplished before Nxt and JINN/Iota.

Note when I asked him, I was thinking I wanted to know this to see if he is worthy of proposing collaboration and vice versa, if I am worthy relatively speaking. But as I have thought more about this, I realized that the lack of LinkedIn account makes him unsuitable for the route I want to go with crowdfunding a startup corporation. I need developers who have strong reputations (stronger than mine, because I stopped working in 2006 for the most part although I did continue researching and learning, it is hard to show that because I didn't publish much since 2006. Also I realized that he probably wouldn't be so interested for a too ambitious project that demands a longer-term commitment. And I realized I would be having doubts about whether he would be truly concerned about the value of the software he is creating. I take a huge pride in the software I create and I don't want to knowingly produce something which I think is not going to do what is purports to do. The reason I quit Coolpage, is because after several attempts I was unable to figure out a way to marry pixel-perfect placement with generalized HTML import and export. Thus I realized I was making crap software and I became disillusioned. I really want to believe in what I am working on, which is one reason I've been slow to make an altcoin because I wasn't satisfied that the issues that plague the altcoins could actually be fixed (and I still have doubts even for my own design).

Eastern European and Russian programmers are an enigma to me. I was told (in May or June 2015) they try to find a way to earn the most money with the least work. I was told this by one of them, when I explained why I was having trouble understanding the way they approached my offers to collaborate.

National styles in hacking
Posted on 2013-04-11 by Eric Raymond   

The Russian: A morose, wizardly loner. Capable of pulling amazing feats of algorithmic complexity and how-did-he-spot that debugging out of nowhere. Mathematically literate. Uncommunicative and relatively poor at cooperating with others, but more from obliviousness than obnoxiousness. Has recent war stories about using equipment that has been obsolete in the West for decades.

Like most stereotypes, these should neither be taken too literally nor dismissed out of hand. It’s not difficult to spot connections to other aspects of the relevant national cultures.

I must admit I also try to be clever with efficiency of code sometimes. And also with priorities and organization.

But I am also recognizing that I no longer have the sole capability to code 24 x 7 as I did for CoolPage and thus I need to collaborate. And I think this is a normal pattern as someone ages, they become more valued for their management skills and experience than their raw coding productivity.

I am hopeful that my coding productivity will still be high. Getting off this forum is the first step for me.

[Come-from-Beyond]

You can't be allowed to use  IOTA to full power not  after NXT ....it's just not possible that you're that much smarter than the entire board.

I personally think you are probably a kind of genius (well read) self taught programmer with great capacity for conceptual design and can code it out. I also believe you are very greedy and not a full on pure winner takes all scammer. Or rather you know like many smart people do that enough people need to be involved in the scam and be invested/believe in it for it to succeed and for you to be able to exit to the next one. You are not a low level winner takes all and run scammer. You are smart enough that most will never suspect they have been over charged. I even believe Iota token may work (not because i understand the coding or even the concept) but because I know you will never wish to be known as an outright scammer and you will not dirty the CFB persona. This will not be your last project. Although you will always exist here CFB will fade away never a confirmed bad guy but people now have their doubts.. Your projects are good enough that you can get away with it and nobody can prove you did wrong.

You will never reveal your true identity.

You can prove me wrong of course by telling us who you are?

The only way people can't run project after project after project extracting BTC is reveal and have verified who they are for real.

Again I do not at all question that you're a very intelligent individual but I'd rather invest with sherlock holmes than professor moriarty.

No more excuses or riddles. Who is CFB??

That long list of the qualities could be shortened to "Professor Moriarty 2.0"

[Come-from-Beyond]

Eastern European and Russian programmers are an enigma to me.

I guess it's because they used to work for an idea, not for money. Capitalism mindset people can't comprehend this, one needs to grow in communism environment to solve that enigma.

[Levole11]

The only bet iam willing to make with you tptb:


You wont have a product  6 months from now ( well make it 12 if you want)..

Wanna bet me with me on that?

[TPTB_need_war]

You wont have a product  6 months from now ( well make it 12 if you want)..

Wanna bet me with me on that?

No.

[Come-from-Beyond]

I was told (in May or June 2015) they try to find a way to earn the most money with the least work.

This gem has reminded me another one said by an Indian guy: I was talking about muslims as of terrorists until someone didn't talk of me as of a rapist.

[Levole11]

You wont have a product  6 months from now ( well make it 12 if you want)..

Wanna bet me with me on that?

No.

SMAMMER!!! PUSSY!!! ( , iam just reflecting your behaivour on previous threads)

[TPTB_need_war]

Eastern European and Russian programmers are an enigma to me.

I guess it's because they used to work for an idea, not for money. Capitalism mindset people can't comprehend this, one needs to grow in communism environment to solve that enigma.

How does one prepare to fund their retirement if they don't work for both an idea they believe in and for money  

How do we reward a meritocracy if we don't account for higher productivity with money  

I like to work for an ideal/idea also, but I also want to know that my collaborators and users will be more profitable from it.

Perhaps we will reach an abundance economy one day, and then we will work only for reputation and a gift economy. But for now that is definitely not the case because TPTB (the power-law wealth, power vacuum reality) prevent us from achieving our maximum productivity.

[TPTB_need_war]

You wont have a product  6 months from now ( well make it 12 if you want)..

Wanna bet me with me on that?

No.

SMAMMER!!! PUSSY!!! ( , iam just reflecting your behaivour on previous threads)

I have not sold any tokens to the public. I realize your IQ is only 90, but I've written this already in this very short thread.

[Come-from-Beyond]

How does one prepare to fund their retirement if they don't work for both an idea they believe in and for money  

How do we reward a meritocracy if we don't account for higher productivity with money  

I like to work for an ideal/idea also, but I also want to know that my collaborators and users will be more profitable from it.

Well, this forum keeps evidences of me giving 100'000+ USD worth coins (that were supposed to be my property) to the community. It was the real price at that moment and I wouldn't have a problem to cash them out into paper fiat money. So, your rhetorical questions somehow contradict to the observed reality. Maybe you should reconsider your ideals?

[TPTB_need_war]

How does one prepare to fund their retirement if they don't work for both an idea they believe in and for money  

How do we reward a meritocracy if we don't account for higher productivity with money  

I like to work for an ideal/idea also, but I also want to know that my collaborators and users will be more profitable from it.

Well, this forum keeps evidences of me giving 100'000+ USD worth coins (that were supposed to be my property) to the community. It was the real price at that moment and I wouldn't have a problem to cash them out into paper fiat money. So, your rhetorical questions somehow contradict to the observed reality. Maybe you should reconsider your ideals?

Huh  

How does giving 1/100th of the money earned from the Nxt pump back to the majority who lost their money address my questions  

This is the Communist philosophy that those who are clever or connected run away with the lion's share while everyone else gets "let them eat cake".

[Levole11]

You wont have a product  6 months from now ( well make it 12 if you want)..

Wanna bet me with me on that?

No.

SMAMMER!!! PUSSY!!! ( , iam just reflecting your behaivour on previous threads)

I have not sold any tokens to the public. I realize your IQ is only 90, but I've written this already in this very short thread.

Lol, just lol..  Maybe you should read back your own posts to lol yourself too

[cryptohunter]

You wont have a product  6 months from now ( well make it 12 if you want)..

Wanna bet me with me on that?

No.

SMAMMER!!! PUSSY!!! ( , iam just reflecting your behaivour on previous threads)

What are you going on about? this thread is for discussing scams.
The fact his analysis of vanilla coin was not positive has nothing to do with him running a scam?
Refute his claims or just deal with it and hope either he is wrong or that your coin can change and adapt due to his advice.

If he was offering ICO and you had

1. suspicion or hoarding and unfair distribution
2. tech analysis he was pumping based on lies regarding his product

then yes but what are you going on about since neither of those is happening?

[altcoinUK]

What I wanted to know is what he accomplished before Nxt and JINN/Iota.

Why you didn't ask me if you wanted to know the answer for that question? Sergey accomplished absolutely nothing before the NXT, JINN and IOTA money collections. His only accomplishment is to sell his mediocre software development skill to the idiots who know nothing about software and pray & hope for a healthy return via a blatant P&D. Not a Linkedin material. Go to a Venture Capitalist with this wanker, show his CV ... and then that will be the end of the discussion.

[Come-from-Beyond]

How does giving 1/100th of the money earned from the Nxt pump back to the majority who lost their money address my questions  

Ah, you think that I controlled 90% of NXT supply. Well, it's a good trick for escaping the reality. 50 yo age is not a good moment to reconsider the whole life I guess...

[Come-from-Beyond]

Why you didn't ask me if you wanted to know the answer for that question?

You studied my life? Nice, those wounds are still open as I see...

[Levole11]

You wont have a product  6 months from now ( well make it 12 if you want)..

Wanna bet me with me on that?

No.

SMAMMER!!! PUSSY!!! ( , iam just reflecting your behaivour on previous threads)

What are you going on about? this thread is for discussing scams.
The fact his analysis of vanilla coin was not positive has nothing to do with him running a scam?
Refute his claims or just deal with it and hope either he is wrong or that your coin can change and adapt due to his advice.

If he was offering ICO and you had

1. suspicion or hoarding and unfair distribution
2. tech analysis he was pumping based on lies regarding his product

then yes but what are you going on about since neither of those is happening?

What am i going on about? Are you aware that this guy trolled many legit projects in here and when challenged to prove his claims backed off? He was trolling other projects/ppl because his "design" was better etc..

What is wrong with asking someone to deliver something to back up his claims?

[TPTB_need_war]

I was told (in May or June 2015) they try to find a way to earn the most money with the least work.

This gem has reminded me another one said by an Indian guy: I was talking about muslims as of terrorists until someone didn't talk of me as of a rapist.

Well true, Sergey Brin is apparently well accomplished. But he is in the USA and he has a LinkedIn account. But note afaik he is goofing off now and not the stable, serious leader of Google that Larry Page has become.

[altcoinUK]

How does giving 1/100th of the money earned from the Nxt pump back to the majority who lost their money address my questions  

Please do not ask rational questions from a scammer nor try to relate any of his actions to moral. It is like expecting Pope Francis will cancel Christmas.

[TPTB_need_war]

Are you aware that this guy trolled many legit projects in here and when challenged to prove his claims backed off?

I never backed off and my technology points were never refuted.

[Come-from-Beyond]

my technology points were never refuted.

This is a lie, they were refuted a lot of times but you have never accepted that and labeled the opponents with different dirty words. Stick to the facts, please.

[TPTB_need_war]

my technology points were never refuted.

This is a lie, they were refuted a lot of times but you have never accepted that and labeled the opponents with different dirty words. Stick to the facts, please.

My technology points made in 2016 have not been refuted. Provide a counter example and I will explain how you are wrong.

Before 2016, I was still learning and researching, so there are some examples where I was corrected by others such as smooth and gmaxwell. I referring to recent history.

[Come-from-Beyond]

My technology points made in 2016 have not been refuted. Provide a counter example and I will explain how you are wrong.

So you have already made your mind? Then what is the point to waste time?

[altcoinUK]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

[Come-from-Beyond]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

You have only 25 sockpuppets? I expected more productivity from you.

[Levole11]

Are you aware that this guy trolled many legit projects in here and when challenged to prove his claims backed off?

I never backed off and my technology points were never refuted.

Like CfB said; a lie..

I can show some examples just by browsing through your post history..

[TPTB_need_war]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

You have only 25 sockpuppets?

Have you obtained a statement from Theymos as to what level of account is required to vote?

Seems one needs to post for a while before they can vote. I am also curious if the vote on Iota is a real reflection of forum sentiment.

Btw, I don't think you are helping yourself with the posts you are making here. You would have been wiser to say nothing in this thread. No one was focused on Iota before you started trolling me.

[TPTB_need_war]

I can

Do it.

Talk is cheap.

[Come-from-Beyond]

Have you obtained a statement from Theymos as to what level of account is required to vote?

Seems one needs to for a while before they can vote. I am also curious if the vote on Iota is a real reflection of forum sentiment.

Ever heard of the whole market of Hero member BTT accounts?

[Levole11]

I can

Do it.

Talk is cheap.

Hahaha.. that coming from you!!!

Will you take my bet or not?

[TPTB_need_war]

Have you obtained a statement from Theymos as to what level of account is required to vote?

Seems one needs to for a while before they can vote. I am also curious if the vote on Iota is a real reflection of forum sentiment.

Ever heard of the whole market of Hero member BTT accounts?

Purchased for $1000s (you claim 25 of them) just to vote on this shit poll  

[Come-from-Beyond]

Purchased for $1000s (you claim 25 of them) just to vote on this shit poll  

The dude has already owned a lot to pump coins he invested into. This is how he conducts scams like the one in GadgetCoin prevented by me.

[Come-from-Beyond]

Hahaha.. that coming from you!!!

Will you take my bet or not?

I think we can do it in a more elegant way by creating a poll with 3 options:
- TPTB's tech points made in 2016 were refuted
- TPTB's tech points made in 2016 were not refuted
- Who is TPTB?

PS: It's called "play the same game", isn't it?

[TPTB_need_war]

Hahaha.. that coming from you!!!

Will you take my bet or not?

I think we can do it in a more elegant way by creating a poll with 3 options:
- TPTB's tech points made in 2016 were refuted
- TPTB's tech points made in 2016 were not refuted
- Who is TPTB?

That will work to obfuscate that you and Levole11 failed to provide a counter example and let me explain why you are wrong.

Obfuscation is a talent you take pride in?

I prefer to be more transparent and direct.

[TPTB_need_war]

Purchased for $1000s (you claim 25 of them) just to vote on this shit poll  

The dude has already owned a lot to pump coins he invested into. This is how he conducts scams like the one in GadgetCoin prevented by me.

I know nothing about this. Please provide proof, because I certainly wouldn't want to be associated with this. I don't believe you until you provide proof (or at least strong correlation evidence) that he did purchase and use them to conduct a scam.

I think this entire forum is shark infested. So I don't totally think you are wrong, but I also can't accept your statement without some evidence.

[Come-from-Beyond]

That will work to obfuscate that you and Levole11 failed to provide a counter example and let me explain why you are wrong.

Obfuscation is a talent you take pride in?

I prefer to be more transparent and direct.

Then what were you trying to obfuscate by creating this poll? I just suggest to use the same trick.

[Come-from-Beyond]

I know nothing about this. Please provide proof, because I certainly wouldn't want to be associated with this. I don't believe you until you provide proof.

Not incentivized enough, it will change nothing in my life.

[illodin]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

Given the forums we are in, it's more likely that people are realizing the price of IOTA is rising and are now angry and jelly they missed the ICO than they are thinking or caring whether it is a scam.

A more honest result would be obtained from a "which project you want to see crash and burn" poll.

[TPTB_need_war]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

Given the forums we are in, it's more likely that people are realizing the price of IOTA is rising and are now angry and jelly they missed the ICO than they are thinking or caring whether it is a scam.

Yes I think that may be the case. I've seen some complaints by people who say they weren't aware of the ICO and now can't buy in at a reasonable price. They also complain about transparency.

I was aware of Iota early on (because someone PM'ed me asking me about my opinion of it) so I could have bought in, but I didn't because I analyzed the technology and was confident it is flawed. Also I was immediately turned off by David (iotatoken)'s unbalanced hyping of it. I don't invest for short-term gains. I invest for the big enchilada over the long-term.

[TPTB_need_war]

That will work to obfuscate that you and Levole11 failed to provide a counter example and let me explain why you are wrong.

Obfuscation is a talent you take pride in?

I prefer to be more transparent and direct.

Then what were you trying to obfuscate by creating this poll? I just suggest to use the same trick.

I presented all my facts on the coins. Including yours. The poll in my opinion reflects the unrefuted facts I have been presenting. I am pleasantly surprised to see how many readers have realized the truth about most altcoins.

One could argue that everyone is voting against the coins they don't own. So in that case, the poll is not informational on specific coins, except that it indicates the entire forum is unethical. However I don't think this is the case, because Monero has a low vote. I would think there would be more haters voting against Monero even though Monero appears to not be a scam.

[Come-from-Beyond]

I presented all my facts on the coins. Including yours. The poll in my opinion reflects the unrefuted facts I have been presenting. I am pleasantly surprised to see how many readers have realized the truth about most altcoins.

One could argue that everyone is voting against the coins they don't own. So in that case, the poll is not informational on specific coins, except that it indicates the entire forum is unethical. However I don't think this is the case, because Monero has a low vote. I would think there would be more haters voting against Monero even though Monero appears to not be a scam.

I still suggest to create that special poll about your tech points 2016. We may get surprising results. But I don't care enough to make the poll myself.

[TPTB_need_war]

I know nothing about this. Please provide proof, because I certainly wouldn't want to be associated with this. I don't believe you until you provide proof.

Not incentivized enough, it will change nothing in my life.

See what I wrote about Eastern European programmers preferring the most return for the least work. Ethics aside.

And yeah I guess when you are making so much money on Nxt and JINN/Iota, that messing around with backing up your claims with actual evidence is just a waste of time.

Understood.

[TPTB_need_war]

I presented all my facts on the coins. Including yours. The poll in my opinion reflects the unrefuted facts I have been presenting. I am pleasantly surprised to see how many readers have realized the truth about most altcoins.

One could argue that everyone is voting against the coins they don't own. So in that case, the poll is not informational on specific coins, except that it indicates the entire forum is unethical. However I don't think this is the case, because Monero has a low vote. I would think there would be more haters voting against Monero even though Monero appears to not be a scam.

I still suggest to create that special poll about your tech points 2016. We may get surprising results. But I don't care enough to make the poll myself.

If you make a poll, you need to provide at least one example. Otherwise you are just obfuscating as you are doing here by refusing to provide an example, refusing to provide evidence, refusing to respond to the nonsense you wrote about meritocracy, etc.

This thread has painted you in a new light for me.

[Come-from-Beyond]

And yeah I guess when you are making so much money on Nxt and JINN/Iota, that messing around with backing up your claims with actual evidence is just a waste of time.

Sorry if I insulted you by neglecting your opinion about me. If you want to insult me back you should learn Russian.

[TPTB_need_war]

And yeah I guess when you are making so much money on Nxt and JINN/Iota, that messing around with backing up your claims with actual evidence is just a waste of time.

Sorry if I insulted you by neglecting your opinion about me. If you want to insult me back you should learn Russian.

What part of "put up or shut up" do you not understand is central to (USA) American culture.

When having a discussion, I expect the other side to not be disingenuous. You made claims then didn't follow through.

I already have high doubts on you because you associate with David, who threatened to sue me for speaking freely about the USA securities law. I also doubt you because of the comment you made that the USA doesn't run the world, thus you don't feel threatened by USA securities law. But the fact is the USA does run the world and Putin is in bed with the USA. I have a feeling you are going to learn the hard way about the importance of ethics.

[Come-from-Beyond]

If you make a poll, you need to provide at least one example. Otherwise you are just obfuscating as you are doing here by refusing to provide an example, refusing to provide evidence, refusing to respond to the nonsense you wrote about meritocracy, etc.

Maybe, but I'm too busy coding to distract on side-work that requires brain resources. I'm posting in delays between tests.

[Come-from-Beyond]

What part of "put up or shut up" do you not understand is central to (USA) American culture.

All parts maybe, you should give me a discount because English is my third language and I studied it by reading Java documentation.

[TPTB_need_war]

What part of "put up or shut up" do you not understand is central to (USA) American culture.

All parts maybe, you should give me a discount because English is my third language and I studied it by reading Java documentation.

haha. Okay that is cool hacker joke (even if true).

Again I sort of like you. But I also have problems with your association with characters of the sort as David.

But any way, how about we stop this. I need to sleep. You would prefer to be coding I am sure.

[Come-from-Beyond]

haha. Okay that is cool hacker joke (even if true).

Again I sort of like you. But I also have problems with your association with characters of the sort as David.

But any way, how about we stop this. I need to sleep. You would prefer to be coding I am sure.

Ok. Let's continue some other day in another thread.

[cryptohunter]

Have you obtained a statement from Theymos as to what level of account is required to vote?

Seems one needs to for a while before they can vote. I am also curious if the vote on Iota is a real reflection of forum sentiment.

Ever heard of the whole market of Hero member BTT accounts?

Yeah they were used at the IOTA ICO

[Come-from-Beyond]

Yeah they were used at the IOTA ICO

Does it change anything?

[cryptohunter]

Yeah they were used at the IOTA ICO

Does it change anything?

Not to me, I suspect the same anyway.

[Come-from-Beyond]

Not to me, I suspect the same anyway.

It changes nothing to anyone, the real world doesn't care about BTT. Take some lessons before trying to troll like big guys.

[cryptohunter]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

Given the forums we are in, it's more likely that people are realizing the price of IOTA is rising and are now angry and jelly they missed the ICO than they are thinking or caring whether it is a scam.

A more honest result would be obtained from a "which project you want to see crash and burn" poll.

Oh no....I can see we shall not be on the same side over this as with dash.

MISSED the ICO is the correct term.

Not decided to not invest.

This is the issue with NXT and should not have been the issue with IOTA especially as he was NXT.

You didn't MISS the ICO .

I wonder what % of the board did MISS the ICO. I wonder what % board own and will strangle supply as much as they can whilst pumping it on the forum!

ICO's always fall into these 2 broad sections of scammery.

1. Some new tech ---Hoard supply to a few so can sell for much to the many. This is achieved by insta ico - nobody mentions much before then pumps a lot after
2. No new tech -- Sell to the many and run of with rewards. This is achieved by pump during ICO - nobody mentions it a few weeks later except to say what a scam.

NXT run by CFB - NXT falls under catergory 1.
IOTA run by CFB - IOTA falls under catergory 1.


I saw 5 threads on the main board with the MS azure news about IOTA.

I see a huge thread about IOTA price speculation asking 20-30x price? on the main section (which sadly had to be moved to the market section)

I expect to see a lot more pump threads about it.

Where was the big news before release?
Where were the sig campaigns
Where were the social media campaigns?



After NXT CFB didn't consider getting a wider distribution than less than 1% of the board??

Now though the price is 30x more because people changed their minds about investing?

Come on this is shady as hell.  NXT ok got away with it once. JINN i dont know about. IOTA no way!!

Second ICO or branded - - suspect.

[cryptohunter]

Not to me, I suspect the same anyway.

It changes nothing to anyone, the real world doesn't care about BTT. Take some lessons before trying to troll like big guys.

Oh there is no need to be like that. I am just trying to help you get your latest project off the ground without it being branded suspect.

This is what I always say the devs say when caught red handed. We don't care about BTT. But always need BTT to launch and fund.

The real world does care.

So you are admitting it is true about the bought accounts used for IOTA ico?   it does not matter to you? because the wider world won't find out?

Fair enough. I must thank you for your honesty at least.

Why say you don't care about BTT?  The ONLY time I hear devs saying we don't care about BTT is when suddenly due to their actions things turn negative. I think this is going to be one of those times.

It's almost like you are saying that because only BTT knows things are shady that they are to be cast aside so you can move on to those that don't know the truth regarding the origins ?

I can see now why you will not reveal your true ID.

[TPTB_need_war]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

Given the forums we are in, it's more likely that people are realizing the price of IOTA is rising and are now angry and jelly they missed the ICO than they are thinking or caring whether it is a scam.

A more honest result would be obtained from a "which project you want to see crash and burn" poll.

MISSED the ICO is the correct term.

Not decided to not invest.

[...]

After NXT CFB didn't consider getting a wider distribution that less than 1% of the board??

Now though the price is 30x more because people changed their minds about investing?

Come on this is shady as hell.  NXT ok got away with it once. JINN i dont know about. IOTA no way!!

I stand corrected. I thought I had the chance to buy the ICO, but now I realize by the time I found out about Iota, the ICO was over. There was something about you had to have invested in JINN before to get in on the ICO or something I forget exactly.

They weave a maze to try to obfuscate.

[cryptohunter]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

Given the forums we are in, it's more likely that people are realizing the price of IOTA is rising and are now angry and jelly they missed the ICO than they are thinking or caring whether it is a scam.

A more honest result would be obtained from a "which project you want to see crash and burn" poll.

MISSED the ICO is the correct term.

Not decided to not invest.

[...]

After NXT CFB didn't consider getting a wider distribution that less than 1% of the board??

Now though the price is 30x more because people changed their minds about investing?

Come on this is shady as hell.  NXT ok got away with it once. JINN i dont know about. IOTA no way!!

I stand corrected. I thought I had the chance to buy the ICO, but now I realize by the time I found out about Iota, the ICO was over. There was something about you had to have invested in JINN before to get in on the ICO or something I forget exactly.

They weave a maze to try to obfuscate.

The problem is that people will not fall for it again not from the same person.

There is absolutely no excuse for it.

Now saying " I don't care about BTT the wider world is where I'm more concerned". These are the very very same words ALL devs caught with hands in the cookie jar say as sentiment turns against them and the board refuses to have their btc extracted in such rapid form.

Even more shocking is the "who cares it will make no difference if bought hero accounts were used for the ICO - BTT means nothing the world cares nothing about BTT" attitude.

That is completely out of control. That's almost admission of rigging.

 

[altcoinUK]

LoL The IOTA scam has not even been released but it is already at the solid third place on the scam list with 26 votes. Keep up the good work IOTA scammers, developers, shills and sockpuppets. The first place is within reach.

Given the forums we are in, it's more likely that people are realizing the price of IOTA is rising and are now angry and jelly they missed the ICO than they are thinking or caring whether it is a scam.

A more honest result would be obtained from a "which project you want to see crash and burn" poll.

Oh no....I can see we shall not be on the same side over this as with dash.

MISSED the ICO is the correct term.

Not decided to not invest.

You are correct, but what this shill says is just a typical shill argument, isn't?

Any time a scam is pointed out - like we point out now that IOTA is blatant scam - then the mantra from the shills and sockpuppets is that we are FUDding because we really-really want to buy their prestigious coin. According to the shills, right now the sole purpose of human existence is to buy IOTA. IOTA will cure cancer and solve global warming and therefore we really-really need to FUD in order to increase  our chance to buy it. Seriously, how many times you have heard this nonsense from the scammers? Personally, that's what I have had heard from the Bitbay, Banxshare, Moolah, Vericoin and all other shills.
Now, when the IOTA scam is obvious, the IOTA shills have nothing but to hype with such nonsense.

Not even noobs believe this anymore. The genius business plan of replicating the financial success of the NXT scam by luring money from noobs and idiots is busted.

[TPTB_need_war]

Back to the main topic:


https://www.reddit.com/r/ethtrader/comments/49g792/synereoethereum_partnership_leads_to_big_fucking/

It's easy to see that Synereo is going to be very successful with their decentralized, blockchain-oriented social network.

Refuted:

Incorrect. He has explained they are good at hand waving, but they still haven't solved the impossibility of being able to shard the gas. I explained it more in the Bitcointalk thread:

https://bitcointalk.org/index.php?topic=1361602.msg14134197#msg14134197

3.   the largest social networking company is Synereo

Get another fucking clue about this shitcoin scam that presold AMPs before shipping a technobabble hyped project which has an economically and technically flawed design:

https://bitcointalk.org/index.php?topic=1361721.msg13868758#msg13868758
https://bitcointalk.org/index.php?topic=1344997.msg13713923#msg13713923
https://bitcointalk.org/index.php?topic=1344997.msg13739210#msg13739210

[fdylstyx]

The poll, imho, is nothing more than a pageant of a selct few. If BTC is up thereas a scam then all of them are scams. Listed or not.

Look, features aside, all of this is nothing more than a new and growing market, to either exploit or be exploited by in the name of profit. Whether through skill, luck, or the lack of both the only determination of ROI is timing, perception and patience.

Greed is neither good or bad. It's simply a motivating factor to be used by those who are astute enough to know when to rein in their own greed. Or to profit off of the greed of others.

As to the choices presented in the poll, to a noob, it would appear that all of them might be more risk than the effort of DYOD is worth.

Let us not kid ourselves, the vast majority of those who hold, develop, discuss ANYTHING in this cryptosphere do so because they believe there will be a decent ROI in it for their time, money and effort. So too will the vast majority of those who become involved in the foreseeable future.

This poll is far and away too exclusive. Again, in my honest opinion, a poll on all crypto currencies/platforms already exists. It's called the free/open markets.

Pumpers will dump. And whales will feed mightily and often. However even whales get slaughtered when they miss their mark and end up beached on the shores of this new ocean of greed.

Utility and the ability for anyone to easily access those utilities offered/required is paramount to the ultimate success of any crypto endeavor. Build that and deliver...the world will beat a path to your portal.


In the spirit of disclosure, I was able to learn to attain BTC only because I live in a town with a Robo ATM. I'm not open to having to disclose my banking information. Nor am I open to the local bitcoin community where I live. I learned to trade on the exchanges. Winning and losing is part of the tuition I must pay in order to learn what I have and I'm certainly not one who has the aptitude to learn the tech involved.

I'm certain there are many, many more individuals who are still sitting on the sidelines suffering various degrees of FOMO. For them, the risk to reward ratio is simply beyond their ken. They see but they just don't understand. And to say that this is their problem, to me, is the basic problem that is a real problem that DOES require a solution.

fdyl

[TPTB_need_war]

Perhaps he really believes he can solve the insoluble FAA problem.

I guess he doesn't like it that I know with 100% certainty he can not.

I am really interested in the formal proof, that shows that the FAA is insoluble.
Furthermore, as Dazza already pointed out, some fault-tolerance might be the way to go.

I'd like a formal proof that FAA is soluble. When you have one, alert me so I can show you why you failed.

The reason you can't solve it is because it is impossible to know that a particular algorithm is full optimized. That is a fundamental mathematical restriction in the analysis of computation complexity. That is why the only way we can define computation complexity classes is by nebulous rules. Even Bitcoin's SHA256 is not proven to be fully optimized, but at least we only have one well studied hash function that controls the proof-of-work security. Whereas, you want to introduce unbounded number of new algorithms, and there is no means of forcing any particular level of peer review on them in a decentralized environment.

Really what you pumpers and scammers want is to be able to write some technobabble that n00bs can't comprehend and present insoluble problems as solved, so that you can sell tokens and make a profit on hype.

If you were a real career oriented software developer, you would work on things that have real world practical adoption baked in, and not be some 20 year old college dropout like Vitalik who has never accomplished any adoption in his life and waste $18 million on technobabble nonsense.

When I hear you talking, I think about someone saying "no, its 100% impossible to reliably transmit something over an unreliable channel" prior to the invention of TCP. Also, someone also predicted that decentralized payment systems just cannot work and argumented with some fancy byzantine generals ... then Bitcoin came.

Satoshi did not solve the Byzantine Generals problem, and Bitcoin is failing because Satoshi's design is forced to centralize economally:

https://bitcointalk.org/index.php?topic=1388887.0
https://bitcointalk.org/index.php?topic=1388887.msg14144978#msg14144978
https://bitcointalk.org/index.php?topic=1183043.msg13823607#msg13823607

[TPTB_need_war]

The poll, imho, is nothing more than a pageant of a selct few. If BTC is up thereas a scam then all of them are scams. Listed or not.

Look, features aside, all of this is nothing more than a new and growing market, to either exploit or be exploited by in the name of profit. Whether through skill, luck, or the lack of both the only determination of ROI is timing, perception and patience.

Greed is neither good or bad. It's simply a motivating factor to be used by those who are astute enough to know when to rein in their own greed. Or to profit off of the greed of others.

As to the choices presented in the poll, to a noob, it would appear that all of them might be more risk than the effort of DYOD is worth.

Let us not kid ourselves, the vast majority of those who hold, develop, discuss ANYTHING in this cryptosphere do so because they believe there will be a decent ROI in it for their time, money and effort. So too will the vast majority of those who become involved in the foreseeable future.

Thanks for explaining why the SEC is likely going to be putting many insiders in jail for selling unregistered illegal investment securities to n00bs over the coming years. The G20 will cooperate on this. TPTB are letting these insiders incriminate themselves now. And some such as CfB think they are immune because they reside in some backwater Eastern European country, but I think they have not properly calculated the risk.

Now you know one of my other purposes for creating this thread and poll. It is to collect evidence for the authorities to use in the future.

Sell Pink Sheet shit to n00b USA investors without complying with the SEC laws is going to end up very bad for these scammers.

This poll is far and away too exclusive. Again, in my honest opinion, a poll on all crypto currencies/platforms already exists. It's called the free/open markets.

Nonsense about free/open markets. The market caps reflect insider manipulation, not any information. The is why the government has to regulate securities, because n00bs can't control themselves.

As you know, a market cap greatly overstates the amount of capital actually invested. Additionally these ICO/premine/ninjamine scams enable the insiders to control the float and buy from themselves pumping up the price, volume, and market cap and thus also causing jealous n00bs to follow and lose their money on the P&D.

Look at the chart history of all altcoins. They are all P&Ds. Not a single exception, except perhaps Monero's breakout from a downwedge that had existed since launch with the initial pump done by arguably by rpietila's pronouncements.

Then let's factor in the user base of Altcoins is kids with ADD with money to burn who care about nothing but profits NOW !

Sometimes he writes something astute.

The long-term investors appear to be HODLing Monero and Bitcoin (and perhaps Litecoin?).

[TPTB_need_war]

Look at the chart history of all altcoins. They are all P&Ds. Not a single exception, except perhaps Monero's breakout from a downwedge that had existed since launch with the initial pump done by arguably by rpietila's pronouncements.

smooth looked:

I draw your attention to this post and you may want to comment on my stated perspective:

https://bitcointalk.org/index.php?topic=1393703.msg14162127#msg14162127

Regarding Monero, while the price has been somewhat weak over a two year period (as you say, whatever the reason, there was certainly an unsustainable pump early on), the market cap is now well into the all-time-high zone. That is not something you see much (if ever) with two-year-old coins, other than Bitcoin.

I just clicked through every single older coin in the top 10 (ignoring the unseasoned ones such as Ethereum, Factom and Maidsafe). Not a single one other than Monero is anywhere near its market cap peak.

The same applies to all of the top 20, with the exception of FedoraCoin (TIPS) which has had an insane pump recently. What is going on there?

[Come-from-Beyond]

And some such as CfB think they are immune because they reside in some backwater Eastern European country, but I think they have not properly calculated the risk.

This remided me of a world map made for the USA. It places the USA into the center and splits Asia in halves - one on the left and one on the right. It's pretty funny how much effort this ex-UK colony puts into becoming the center of the world.

[schlonged]

Thanks for showing me the ropes TPTB.  You have proved that many of today’s crypto companies cannot perform what they claim.  My initial portfolio selection sucked, forcing me to step back and re-assess what is even “possible” in crypto today.  

Early adopters can crash the share price at will.  You can’t escape the “the early bird gets the worm” principle, since it is time dependent, so I must disregard “equity distribution” concerns. Known equity distribution is history.  The choice to invest in the future is mine alone, but I will not choose proven liars (who do not indemnify) like Evan.

Who cares about a central entity taking control of a blockchain? Not me.  POW coins are all susceptible to this and so far none of the big cap coin miners have taken advantage of their power because they would destroy the value of the coins that they mine if they did.  

I can sleep even easier with POS since anyone can buy 51% of the company and make me rich before they destroy the value of the company which is an added benefit of POS attacks.

Me and the average Joe care more about "governance and services" than "decentralization and distribution".  Here's our revised portfolio
 
1.   Hashocracy (BTC) – bitcoin miners will not collude to crash the value of the coins they mine, but if they do seppuku, then I own:

2.   Meritocracy (BTS)– where I can vote those miners out, and vote in the miners who perform valuable work for the company.  "Valuable work"  such as file Bill Gate’s paperwork:

https://bitsharestalk.org/index.php?topic=21842.0

Do you really think that this miner is going to destroy the value of the coins that he just worked so hard to raise the value of? I don't know, why don't you ask him yourself.

3.   Hybrid Hashocrcy/Meritocracy – Decred – If you remember correctly, it was you, not me who first suggested this coin after informing me about Evan’s past theft with DASH.  And of course, you are correct in assuming that the founders are a group of like-minded individuals who will control the vote initially.  Actually, the initial distribution of every coin is a group of people with something in common.  This is just a function of tribalism.  I am free to purchase 51% of all Decred, and control this company.  But don’t you think that they would just leave to form another community with the money that I just gave them?  That’s why worrying about initial distribution is a waste of time.  If you don’t agree with the prevailing views, then why are you going to move into that community in the first place?

The development directions of both DASH and Decred are heavily dependent on the desires of the founders, but if I don’t like it, then I can always create my own coin, or simply decide to not join.  So what you have to ask yourself before joining any POS crypto community is simply:

“Do I agree with the prevailing ideology of the majority?”

I noticed that NXT has both public mining and shareholder voting on development decisions which seem to place it squarely into this category.  So it looks like I have 2 choices:  Decred or NXT.  It’s a toss up.  

File Storage sector – OK, so Maidsafe is not safe, but what about Alexandria/Florincoin who use IFPS? I’m not actually sold on this sector simply because security is paramount, and if it is hackable (as you have proven it to be) then it defeats the purpose.  I will be waiting to try some polished products before buying into this sector.  Furthermore, it would seem logical that “storage” is just a commodity that can be easily replicated and due to the “Tragedy of the Commons” as you say, will cause cheap and effective imitators to crop up because it would appear that when the only metric for success is price (price per megabyte), then it won’t matter which network you are on (name brand or “Brand X” who cares).  I don’t see how one storage company can differentiate itself over another by anything but price (how do you win the "network effect" here?), so I’m not buying into this sector for now.

Record storage sector – Factom – I read your “F-Factom” rant, plus accounting for the realization of commoditized storage problems of scale (low margin business), I have decided to currently refrain from investing in this sector for now, unless you know of any potential effective solutions.

Social Networking – Synereo – Yes, it does seem kind of “Pie in the Sky”, and again, after reading your rants, and trying to understand a single word of their hangouts, I can’t tell what is going on here besides the fact that they are still in the creative planning stages, and nowhere near as finished as Peertracks, which seems to be trying to encompass the social networking (attention economy) aspect, which is why I have lumped these 2 categories together.  

https://youtu.be/aQM4P7uFgk4

https://youtu.be/yWOUJehIfJc

Can I ask you, TPTB, how far along are you on your social networking project?  Because this is obviously a tremendously lucrative space that will be sprouting competitors continuousy for years.  What other competitors are there in this space besides Synereo, Peertracks, and Alexandria?

This brings me to the “World Computer” category, and according to Roach’s post, if Ethereum pulls this off, then Vitalik is 10x smarter than Satoshi.  Therefore, I will have to wait until Augur releases before I buy Ethereum, because, this platform certainly does not look scalable.  I will wait to see if they can create a valid POS network and a valid partitioned network first.  
Is this crypto business sector of “World Computer” invalid?  Or is this what IOTA is supposed to do?  I’m completely lost on this sector, and this new IOTA coin everyone is talking about.  This sector is going to take me some more research.

Wow, my portfolio is shrinking by the minute.  Let’s see, what sectors are left. Oh, yeah, anonymity solutions.  It looks like I will have to wait for Zcash, eh?  When is this coming out?  The top 3 coins with anonymity (DASH, BitShares, and Monero) are all in the same league, but Zcash (or Zerocoin /ZSnarks?) is in a whole other universe?  I’ll take your word for it, because those threads are brain busters!  

Well, now my portfolio only consists of a handful of coins: Bitcoin, BitShares, Peertracks, and Namecoin giving me a scam-average of 13% which is twice as good as the 24% average!  I'd say that is a pretty awesome score. What's yours?  You will need to recalculate the average each time since it keeps changing.

I still need to research the “World Computer”, “Social Networking” sectors and wait for Zcash.

One final question I have for the peanut gallery:

Is there nothing else out there that is effectively delivering what they claim to do (business solutions)?

BTW, what’s with the ABJ dis?

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=16s

[Come-from-Beyond]

Please revisit the ex part...  

Haha, reminded another gem:

LET'S MAKE USA GREAT BRITAIN AGAIN

PS: Interesting if common USA citizens a happy with disservice provided by their govt. Most of bitcoin-related sites explicitly state that US residents are not allowed to use their service. Maybe it's just karma for what USA did to the slaves? Now US residents are treated as second-class citizens...

[aminorex]

Since it was mentioned:

Zcash is going to have profound scalability problems.  It is a premine scam owned by a corporation, attempting to sell tokens to a very sophisticated market sector, which will not brook such nonsense.  The cryptography is the principal thing going for it, and even that has big "moon math" question marks around it (as well as a built-in scalability time-bomb).  Zcash will fail on governance, fail on compliance, fail on marketing, fail on plumbing, and fail to deliver.  

The net positive I can see is that because it is centralized, it can swap-in quantum crypto as needed. (Also because it is centralized, I am sure a certain TLA will have a ready-made solution prepared, delivered and installed in good time.) Believe me, I am watching eagerly for breakthrough anonymity in a viable digital cash, because I want desperately to buy it, and to use it.  Zcash ain't it.  I will not bet with human lives on the security and governance of Zcash.

I am still stuck with XMR, which is flawed in every way - yet fatally flawed in no way, which makes it just about perfect.  As it matures, the stochastic guarantees it offers continue to improve, rather than degrade.  There, as in Bitcoin, my main concern is the chance of corruption and/or co-option of the core team. (However I have much more confidence in collective competence than I do for Bitcoin.  At least they do not appear to be doubling down on dysfunction.)

[aminorex]

Everyone is half-fearful and half-hopeful that U.S. global hegemony is nearing its end, but it would be folly to bet the farm on a deadline for that end.  You just have to live with it.  Even if it ended tomorrow, the vacuum would just be filled with an even more eggregious hegemon, which, regardless of its current underdog rhetoric, would quickly apply any extraterritorial extrajudicial extreme prejudice which suited its interest.  

For that reason, I heartily report that jurisdiction-shopping in meat-space is a folly.  To escape the rule-by-wet-jobs you need an antifragile governance structure, hardened behind impenetrable walls of math.  As long as you appear un-threatening, or controllable by means of the overtly structured norms, you can get away with just about anything, if clever, but once you become a threat, you face a trilemma:  Get a bigger gun; grow too many necks to cut off; or, go quietly into the dark night.

That's the grown-up world, children.  You don't have to like it, but neither do you (yet) have the option to leave it.

[DecentralizeEconomics]

Please revisit the ex part...  

Haha, reminded another gem:

LET'S MAKE USA GREAT BRITAIN AGAIN

PS: Interesting if common USA citizens a happy with disservice provided by their govt. Most of bitcoin-related sites explicitly state that US residents are not allowed to use their service. Maybe it's just karma for what USA did to the slaves? Now US residents are treated as second-class citizens...

I think the reason all you Eastern Europeans were enslaved by the communists and now Putin is karma for what you all did to the serfs.

[Come-from-Beyond]

I think the reason all you Eastern Europeans were enslaved by the communists and now Putin is karma for what you all did to the serfs.

Aye, seems so.

[DecentralizeEconomics]

I think the reason all you Eastern Europeans were enslaved by the communists and now Putin is karma for what you all did to the serfs.

Aye, seems so.

Hey... at least we gave our slaves 40 acres, a mule, and the right to vote.

[Come-from-Beyond]

Hey... at least we gave our slaves 40 acres, a mule, and the right to vote.

Not bad actually. What %% of the wealth created by those slaves is it?

[DecentralizeEconomics]

Hey... at least we gave our slaves 40 acres, a mule, and the right to vote.

Not bad actually. What %% of the wealth created by those slaves is it?

Everything that was produced from slavery was burned to the ground by the Union, so it was a zero-sum game.

[altcoinUK]

Interesting if common USA citizens a happy with disservice provided by their govt.

When a Lukashenko servant Belarusian like yourself start lecturing US citizens about politics, government, freedom and democracy, then we are starting to get the full picture how arrogant and delusional you are.

You have been living in the totalitarian shit hole of Belarus, put up with the totalitarian regime which kills journalists and human right activists, most likely you are a low life collaborator of the regime, in the meantime you are lecturing US citizens what democracy is. Really? No wonder an arrogant delusional like yourself can't see the consequences of your own actions and rolling out frauds such as JINN and IOTA. No wonder you have teamed up with the other delusional, David boy, who also don't see the consequences of his actions and that his scam is breach of US, Russian and EU security and criminal laws. Because you are arrogant and delusional, you don't understand your beloved motherland, the shithole of Belarus won't shelter you from Russian prosecutors. Hint: check with your government contacts how many criminals were shipped from your Belarus mother land to Russia last year. You fucked this up Sergey.

[Come-from-Beyond]

When a Lukashenko servant Belarusian like yourself start lecturing US citizens about politics, government, freedom and democracy, then we are starting to get the full picture how arrogant and delusional you are.

You have been living in the totalitarian shit hole of Belarus, put up with the totalitarian regime which kills journalists and human right activists, most likely you are a low life collaborator of the regime, in the meantime you are lecturing US citizens what democracy is. Really? No wonder an arrogant delusional like yourself can't see the consequences of your own actions and rolling out frauds such as JINN and IOTA. No wonder you have teamed up with the other delusional, David boy, who also don't see the consequences of his actions and that his scam is breach of US, Russian and EU security and criminal laws. Because you are arrogant and delusional, you don't understand your beloved motherland, the shithole of Belarus won't shelter you from Russian prosecutors. Hint: check with your government contacts how many criminals were shipped from your Belarus mother land to Russia last year. You fucked this up Sergey.

I won't take the bait to derail this thread into a political discussion, let's go back to discussing my personality.

[TPTB_need_war]

4.   the largest music monetization company is MUSE

What the fuck is that?

Okay this is Peertracks and apparently the Bitshares asset is MUSE.

Peertracks runs on the Bitshares block chain, which means it can't scale[...]

The Peertracks Note features is interesting. It might turn audiences in P&D targets though, so I am not sure it is desirable. It is also not clear if these are illegal unregistered securities under SEC law in the USA. I do know that in the case of airplane VIP memberships the Supreme Court ruled they were not subject to the Howey test. I will need to study that more.

[...]I just don't think the masses are going to be tuned into Notes as something they are interested in. You are basically trying to turn the serious music fans into speculators. A rule of Marketing 101 is don't assume you can change an Apple into an Orange. You must target a real existing need, not a fantasy. Yeah speculators here will think Notes are cool, but the actual music fans I think will perceive it to be a negative feature and an insult to love of music. You basically corrupt the musicians teaching then to do P&D instead of produce great music. Sigh.

Definitely the Peertracks Notes will be illegal unregistered investment securities if fans from the USA are allowed to buy them. Follows quoted is an excerpt from my prior research. The key point is that since Notes are transferable and they are mainly purchased with an expectation of gain from reselling them, then they are an expectation of profits significantly due to the efforts of the artist and his fans, i.e. effectively a common enterprise. This is why both Kickstarter and Indiegogo have strict Terms of Use that prevent any 'perks' which are "any form of 'security' (as such term is defined in the Securities Act of 1933)" or "any form of financial incentive or participation in any profit sharing"

C. Expectation of profits "significantly" due to efforts of others.

When tokens are created and issued (whether it be an ICO or tokens created+assigned during mining), if they are acquired primarily for investment and not primarily for use (in what ever ways a token can be used other than for holding for appreciation of value), then there is an expectation of profits due to appreciation of value.

The fact that no investor is in control of the decentralized collective "common enterprise" qualifies for the "due to efforts of others" clause of this criteria of the Howey test:

https://scholar.google.com/scholar_case?case=4524095741732962732&hl=en&as_sdt=6,33&as_vis=1&kqfp=10330650611816444522&kql=132&kqpfp=14710406364156655404#kq

investment contracts may be found where the investor has duties that are nominal and insignificant or where the investor lacks any real control over the operation of the enterprise

So the only way a crypto-token can potentially avoid qualifying for this criteria is for there to be no expectation of profits, either because the tokens are never obtained for investment or always the primarily consideration is the use value and not the appreciation of value. As documented in my prior post and here in another example, if the primary consideration is the use value, then there is no expectation of value appreciation:

http://law.justia.com/cases/oregon/court-of-appeals/1975/535-p-2d-109-2.html

Jet Set is a nonprofit corporation, organized under the laws of Washington in 1970 for the purpose of owning and operating an airplane in order to provide vacation travel for its members. The club scheduled flights to fixed destinations. Members were permitted to reserve space on any flight on a first-come, first-served basis; however, scheduled flights were often canceled if there were insufficient reservations. Members, in addition to membership fees, paid approximately one-half the cost of commercial airline fares for their flights. Flights were limited to particular dates and destinations. Membership also included participation in certain social activities sponsored by the club, including parties, ground accommodation packages and social activities at some destinations. Memberships in Jet Set were transferable.

After Jet Set was incorporated in 1970 "select memberships" were sold for a price of $1,000. The proceeds from the sale of these memberships were placed in escrow until Jet Set secured the use of an airplane. Approximately $70,000 was raised from the sale of these memberships, which were lifetime and nontransferable in nature, and entitled the holder to fly on any Jet Set flight for $20. These memberships were also subject to monthly dues.

I find it useful to quote the Indiegogo Terms of Use as follows:

Prohibited Campaigns

Campaign Owners are not permitted to create a Campaign to raise funds for illegal activities, to cause harm to people or property, or to scam others. If the Campaign is claiming to do the impossible or it's just plain phony, don't post it. Users must comply with all applicable laws and regulations in connection with their Campaigns, including offering Perks and using Contributions. Campaign Owners shall not make any false or misleading statements in connection with their Campaigns.

Prohibited Perks

Campaign Owners are not permitted to offer or provide any of the following as a Perk:

• any form of "security" (as such term is defined in the Securities Act of 1933);
• any form of financial incentive or participation in any profit sharing;
• any alcoholic consumer products (vouchers or memberships offering physical delivery of alcoholic consumer products are permitted);
• any controlled substance or drug paraphernalia;
• any weapons, ammunition and related accessories;
• any form of lottery or gambling;
• any form of air transportation; or
• any items promoting hate, discrimination, personal injury, death, damage, or destruction to property; or any items (a) prohibited by applicable law to possess or distribute, (b) that would violate applicable law if distributed, or (c) that would result in infringement or violation of another person's rights if distributed.

[altcoinUK]

Do you know so far 31 out of 75 people asked on this forum rate IOTA as a scam?  That's rather an alarming amount. Almost worrying.

And the IOTA shit has not even hit the fan. Imagine what will happen when the idiots (i.e. "investors") realize there is no revenue from JINN nor IoT and they have been scammed.

On that note, spread the info that the victims of the JINN/IOTA fraud can send me their personal info and then I will forward it to relevant law enforcements which will be either Norway, UK, Russia or US, depending on the location of the victims. That's how we jailed Ryan Kennedy the Moolah scammer, that's how the Banxshare and Bitbay scams are progressing and being in prosecuting and arrest warrant phase respectively, and that's how these two IOTA wankers will be the girlfriends of the horny prison population. We need to clean up from these scammers the digital currency sector.

[Come-from-Beyond]

can send me their personal info...

...that will be used in next altcoinUK's scam

[TPTB_need_war]

As long as you appear un-threatening, or controllable by means of the overtly structured norms, you can get away with just about anything, if clever, but once you become a threat, you face a trilemma:  Get a bigger gun; grow too many necks to cut off; or, go quietly into the dark night.

That's the grown-up world, children.

The bigger gun is not realistic, because the DEEP STATE can access $trillions charged to the collective.

Collectively going quietly into the night will be the next Dark Age.

Growing too many necks to cut off seems the most realistic, because TPTB (the-powers-that-be) bide their time patiently in this case because they always assume they can subsume any phenomenon due to that fact that economics of profit and capital centralizes into a power-law distribution and the power vacuum of the Iron Law of Political Economics.

Do something to benefit the masses in order to force TPTB to switch from full frontal attack to insidious co-option mode. Or remain insignificant enough to be ignored.

[TPTB_need_war]

Interesting if common USA citizens a happy with disservice provided by their govt.

You have been living in the totalitarian shit hole of Belarus, put up with the totalitarian regime which kills journalists and human right activists

Perhaps one might assume that operating in Belarus and selling illegal unregistered investment securities to non-qualified USA investors would be risk-free. Think again.

12.01.2015
Belarus adopted the law on securities market

On 5 January 2015 the President of the Republic of Belarus signed the Law of the Republic of Belarus “On securities market”. The Law regulates relations concerning emission, circulation and redemption of securities and professional and exchange-trade activity on securities.

The Law was officially published in Russian on the National Legal Internet Portal of the Republic of Belarus on 10 January 2015, and its main provisions enter into force in six months after its official publication.

I think it is highly unethical to operate from behind the Iron Curtain selling investment "scams" to unwary n00bs in the USA. If one limited their ICO token pre-sales to qualified investors (i.e. in the USA that means $1 million liquid net worth and/or a signed statement attesting to their sophiscation), then I wouldn't think the ethics was corrupted.

I simply won't associate professionally with anyone doing that. And such people will remain forever stuck in the business of scamming, because of their past, they will never be accepted into the mainstream where ethics and minimum levels of sane law & order are preferred.

I made some major mistakes in my 30s. I would hope someone younger than me, who still has a chance to change course might think carefully about what I have written. Then again, culture is deeply engrained and probably not pliant.

[Come-from-Beyond]

Perhaps one might assume that operating in Belarus and selling illegal unregistered investment securities to non-qualified USA investors would be risk-free. Think again.

If you read it via Google Translate you wouldn't mention the law. Stop judging books by their titles.

[TPTB_need_war]

Perhaps one might assume that operating in Belarus and selling illegal unregistered investment securities to non-qualified USA investors would be risk-free. Think again.

If you read it via Google Translate you wouldn't mention the law. Stop judging books by their titles.

If you trust a corrupt regime to not sell you to the USA government, then I think you don't understand how rule by criminality works. That is unless you can pay a larger bribe.

My point is once someone heads down the path of unethical choices, there is no turning away from criminality. They enter the dark underworld. The criminal mindset doesn't compute this probability correctly. I am speaking in generalities in this paragraph and not making an accusation.

In order for Communism to flourish, the population must also support criminality. The Bible speaks about this.

Proverbs 1:11-19New International Version (NIV)

11 If they say, “Come along with us;
    let’s lie in wait for innocent blood,
    let’s ambush some harmless soul;
12 let’s swallow them alive, like the grave,
    and whole, like those who go down to the pit;
13 we will get all sorts of valuable things
    and fill our houses with plunder;
14 cast lots with us;
    we will all share the loot”—
15 my son, do not go along with them,
    do not set foot on their paths;
16 for their feet rush into evil,
    they are swift to shed blood.
17 How useless to spread a net
    where every bird can see it!
18 These men lie in wait for their own blood;
    they ambush only themselves!
19 Such are the paths of all who go after ill-gotten gain;
    it takes away the life of those who get it.

[Come-from-Beyond]

If you trust a corrupt regime to not sell you to the USA government, then I think you don't understand how rule by criminality works. That is unless you can pay a larger bribe.

We discussed this nonsense several times, not going to waste more time on revealing your delusions. The fact that you consider yourself more knowledgable in legislation of numerous countries than the team of Ethereum lawyers already tells a lot.

[TPTB_need_war]

If you trust a corrupt regime to not sell you to the USA government, then I think you don't understand how rule by criminality works. That is unless you can pay a larger bribe.

We discussed this nonsense several times, not going to waste more time on revealing your delusions. The fact that you consider yourself more knowledgable in legislation of numerous countries than the team of Ethereum lawyers already tells a lot.

We are coming to a global monetary reset in the period between 2018 to 2020.

The criminality is being allowed to run rampant with the protection of unharmonised international law.

The global order will be rapidly harmonised upon this global crisis which was done by the elite to destroy the nation-states and usher in the new world order.

This is not a fantasy or something that will happen in the distant future. This will accelerate next year due to the $10 trillion dollar debt the rest of the world must service which will send the US dollar and stock market sky high and send the result of the world collapsing. There will be political support for restructuring the global order and to harmonise legislation to put an end to the rampant criminality wherein the bankers were offshoring their corruption. Ethereum offshored their company and ICO to try to sideskirt ethics. That will never work out for them.

Mark my word. Those who are unethical are planting the seeds for their future misery.

Thanks for reaffirming my findings from summer 2015, that I will never again try to recruit a programmer from Eastern Europe or Russia. I was so naive. I thought given they are algorithmically clever, they would be an asset and that they would appreciate the opportunity to break free from the chains of Communism. Now I understand that instead they view Communism as a desirable feature to operate within.

You can turn over a new leaf perhaps before it is too late. But I don't expect you to. And I want to stop all communication with you. Bye.

[TravelsAsia]

You can't, loser.

Name calling don't improve your reputation, you should reconsider your tactics, unless you post for the sake of posting.

He spends a LOT of time here.

[Come-from-Beyond]

We are coming to a global monetary reset in the period between 2018 to 2020.

Man, countries don't extradict their citizens. It's written in the Constitution of every developed country. You should have started learning the laws from the basics instead of jumping straight to complex cases.

[TPTB_need_war]

We are coming to a global monetary reset in the period between 2018 to 2020.

Man, countries don't extradict their citizens. It's written in the Constitution of every developed country. You should have started learning the laws from the basics instead of jumping straight to complex cases.

You don't seem to understand. I didn't say anything about extradition because I know that Belarus doesn't have an extradition treaty with the USA.

My point is the unethical choice results in abject poverty and failure. There is always a more powerful gang member within your own hell hole who will extort you.

Americans have succeeded because we believed in law & order and bettering people. Some significant portion of the population has become corrupted (and really embraced Socialism and stealing from each other), but there is still a core that will break free of the corrupted portion of the USA. Trump is indicative that the productive and conservative sector of the USA is beginning to rise up.

Unethical systems always devolve into abject failure.

[albert_mt]

Purchased for $1000s (you claim 25 of them) just to vote on this shit poll  

The dude has already owned a lot to pump coins he invested into. This is how he conducts scams like the one in GadgetCoin prevented by me.

man, why do you lie? what GadgetCoin scam you prevented? i have invested in both IOTA and GadgetCoin. iotatoken the other IOTA developer asked us to stay away from altcoinuk and i comply with his request. i stopped immediately talking to altcoinuk, but man, stop your lies about GadgetCoin.

The GadgetCoin developers have done nothing against you. even the GadgetCoin devs closed the thread to stop altcoinuk's attacks on IOTA. this is what mtomcdev the lead GDC dev wrote us back then: "We have nothing but respect for the lead IOTA developer Come-from-Beyond and we certainly don't want to criticise his new venture". now you call them scammer?

i am seriously concerned about my IOTA investment when i see your lies and trolling. please stop this shit what you do here and go to develop IOTA.

[Come-from-Beyond]

You don't see to understand. I didn't say anything about extradition because I know that Belarus doesn't have an extradition treaty with the USA.

My point is the unethical choice results in abject poverty and failure. There is always a more powerful gang member within your own hell hole who will extort you.

I'm not interested in politics, let's stop on that your post.

[Come-from-Beyond]

what GadgetCoin scam you prevented?

GadgetCoin wasn't a scam, re-read my original post before jumping to the conclusion, wasn't it clear that I was talking about altcoinUK who attempted to use GadgetCoin as an instrument?

[TPTB_need_war]

I was talking to the GadgetCoin devs on one day only while this was all going on. And I even advised them that CfB's implementation is probably legit. And I sort of leaned them towards not burning their bridges with Iota, even though David (iotatoken) is a hothead for threatening (in a private message) to sue me for simply writing my IANAL opinions/research about the implications of USA securities regulation. And I told them that apparently some people are claiming the ICO/JINN is shady.

Nevertheless I am sad to report that my conclusion after investigating is there is no money in IoT (now, maybe a decade from now but the corporations are looking for open source and open solution, not some proprietary token launched from scammy ICO). It is just another buzzword and these coins want to get endorsement from some big corporations, so they can go pump the tokens. I understand altcoinUK's expose on Iota could cause problems for such a marketing model.

I tried to see if we could do some collaboration around the Streemo code w.r.t. to my social networking plans. But it just doesn't seem to fit. So I had to just fall away from that discussion. The Gadget coin folks I was exposed to seemed to be ethical as far as I could tell.

I am interested in creating software that users use and I get feedback from them daily and they have feature requests for me. That is what I find rewarding. All these strategies for mining investors is so far removed from what I think software development is all about.

So I am almost out-of-here. Will finish up and bite my tongue and let go of this place...

[albert_mt]

what GadgetCoin scam you prevented?

GadgetCoin wasn't a scam, re-read my original post before jumping to the conclusion, wasn't it clear that I was talking about altcoinUK who attempted to use GadgetCoin as an instrument?

instrument of what? GDC is not even on exchanges, it is a closed company share investment. man, the GDC developers don't deserve this shit from you. the GDC investors don't deserve your lies about Gadgetcoin man. only altcoinuk attacks IOTA, but he attacks everybody, bitbay, vericoin, LISK,his attacks nothing to do with Gadgetcoin. no other GDC investor said a bad word about IOTA. some of us,
tobeaj2mer01, Netzer and me even invested in IOTA and we support it. when i see your trolling in many threads I start to think my IOTA investment was a bad decision.

[Come-from-Beyond]

man, the GDC developers don't deserve this shit from you.

You obviously don't get me or don't want to get.

[albert_mt]

I was talking to the GadgetCoin devs while this was all going on. And I even advised them that CfB's implementation is probably legit. And I sort of leaned them towards not burning their bridges with Iota, even though David (iotatoken) is a hothead for threatening (in a private message) to sue me for simply writing my IANAL opinions/research about the implications of USA securities regulation.

Nevertheless I am sad to report that my conclusion after investigating is there is no money in IoT (now, maybe a decade from now but the corporations are looking for open source and open solution, not some proprietary token launched from scammy ICO). It is just another buzzword and these coins want to get endorsement from some big corporations, so they can go pump the tokens. I understand altcoinUK's expose on Iota could cause problems for such a marketing model.

I tried to see if we could do some collaboration around the Streemo code w.r.t. to my social networking plans. But it just doesn't seem to fit. So I had to just fall away from that discussion. The Gadget coin folks I was exposed to seemed to be ethical as far as I could tell.

I am interested in creating software that users use and I get feedback from them daily and they have feature requests for me. That is what I find rewarding. All these strategies for mining investors is so far removed from what I think software development is all about.

So I am almost out-of-here. Will finish up and bite my tongue and let go of this place...

thank you for your civil post. you are right and the GDc investors understand you are right. it is very difficult to make money in IoT with a digital currency token. it is being discussed in the GadgetCoin Ryver forum.

[TPTB_need_war]

man, the GDC developers don't deserve this shit from you.

You obviously don't get me or don't want to get.

albert what CfB is apparently stating is that he believes altcoinUK was trying to use GadgetCoin as a foundation from which to discredit and attack Iota, thus damaging GadgetCoin also.

CfB, but my point to you is that these misunderstandings are just scratching the surface of failures that will arise from being associated with unethical endeavors. If the ICO/JINN stuff wasn't so shady, altcoinUK would have nothing to peg on you.

I am also finding it incredulous that you think you can out innovate Intel and other hugely capitalized semiconductor companies with a "trinary" processor. Do you even have any PhD researchers with a decade of work in this area?

Even without really investigating fully, I can already smell that JINN is pre-selling a one-way space junket to the money vortex Ur-anus.

I bit my tongue up to now, out of respect for your ability to code and the fact that Iota had some tech that helped my thought process (even though I think a DAG can't converge without centralized control). Also because you had mostly been cordial and it seemed you had sensitivity for others and you seemed open-minded as well w.r.t. to technology discussion even when it was critical. But then you made the mistake of trolling me in this thread, and I started to think about why am I pulling my punches w.r.t. Iota   The more I hear and think about the ICO/JINN, the harder it is for me to think of it being ethical. The real sensitivity for others is not doing unethical pumps to unwary n00bs. And to pursue real projects with real adoption and ethical out in the open business (e.g. have a LinkedIn account and have a history and a reputation).

[albert_mt]

man, the GDC developers don't deserve this shit from you.

You obviously don't get me or don't want to get.

ok, if you say so i should believe you.

[Come-from-Beyond]

But then you made the mistake of trolling me in this thread, and I started to think about why am I pulling my punches w.r.t. Iota  

It would be not bad if you trolled me, I don't get enough pleasure trolling altcoinUK back because his IQ is not high enough (no insult intended). You sound very smart and I will surely enjoy several rounds against you. I'll do my best to keep David from sueing you, though I can't promise this, because he is the boss and I'm just a hired man.

[altcoinUK]

I'll do my best to keep David from sueing you, though I can't promise this, because he is the boss and I'm just a hired man.

Which is of course just an another lie from our low life Belarusian scammer. Ivancheglo Sergey has 12.50% share in Iota AS (company number 916 476 965, registered in Norway).

[TPTB_need_war]

But then you made the mistake of trolling me in this thread, and I started to think about why am I pulling my punches w.r.t. Iota  

It would be not bad if you trolled me, I don't get enough pleasure trolling altcoinUK back because his IQ is not high enough (no insult intended). You sound very smart and I will surely enjoy several rounds against you. I'll do my best to keep David from sueing you, though I can't promise this, because he is the boss and I'm just a hired man.

I am more afraid of being bit by mosquito than I am of David and his vacuous threats. I am perfectly within my rights to comment in a forum with my conjecture. That is what speculation forums are for.

I have negative net worth, and you guys don't. Don't kick a sleeping dog, else you might find yourself counter-sued.

[Come-from-Beyond]

Which is of course just an another lie from our low life Belarusian scammer. Ivancheglo Sergey has 12.50% share in Iota AS (company number 916 476 965, registered in Norway).

See? Not even 34% to do a successful Byzantine Generals attack.

[Come-from-Beyond]

I have negative net worth, and you guys don't.

I'm not going to make you spend the rest of your life in poverty.

[altcoinUK]

when i see your trolling in many threads I start to think my IOTA investment was a bad decision.

I told you so. The amount of trolling this Belarusian wanker display is not the attribute of a trustworthy nor a mentally stable technology professional.

On the note of viability, TPTB_need_war is correct. I pointed out many times at the unmoderated IOTA thread, there is simply no viable monetization route for crypto currencies in the corporate driven, predominantly closed source Internet of Things sector. I don't repeat that here, I explained it in the unmoderated IOTA thread many times.

[TPTB_need_war]

when i see your trolling in many threads I start to think my IOTA investment was a bad decision.

I told you so. The amount of trolling this Belarusian wanker display is not the attribute of a trustworthy nor a mentally stable technology professional.

On the note of viability, TPTB_need_war is correct. I pointed out many times at the unmoderated IOTA thread, there is simply no viable monetization route for crypto currencies in the corporate driven, predominantly closed source Internet of Things sector. I don't repeat that here, I explained it in the unmoderated IOTA thread many times.

The corporations may eventually come around to an open source standardization process, but that is not now. And I doubt any standards will form around a block chain and coin launched as an ICO that is illegal in the USA. Open source standards promulgated by the W3C must be I presume unencumbered.

[TPTB_need_war]

I have negative net worth, and you guys don't.

I'm not going to make you spend the rest of your life in poverty.

I've been wealthy in the past and I will be wealthy again. I am trying to tell you that I took a wrong turn in my 30s, which is why I am in the predicament I am now. And now I am fighting my way back up again. I am advising you that you can't sustain a good life with poor ethics. And that includes trying to skirt USA securities law to be able to market "wonder investments" to unwary n00b investors in the USA. In the 1800s in the USA, we have snake oil salesmen running rampant. The USA securities law was created to force proper disclosure of IPOs. Perhaps Iota has complied in Norwary under EU law. But my IANAL understanding is you still can't market those securities to USA investors unless either you register them with the SEC or you limit to qualified investors.

Disclaimer: IANAL and readers should consult their own professional advisor.

[Come-from-Beyond]

And that includes trying to skirt USA securities law to be able to market to unwary n00b investors in the USA.

I violated a USA law? Ever heard of praesumptio innocentiae?

[Come-from-Beyond]

when i see your trolling in many threads I start to think my IOTA investment was a bad decision.

Don't worry my friend. If you see me trolling on BTT it means that the code is written and I'm running tests now. Come to "Iota testing" channel on Ryver, I've just published 0.7.0 version.

[TPTB_need_war]

And that includes trying to skirt USA securities law to be able to market to unwary n00b investors in the USA.

I violated a USA law? Ever heard of praesumptio innocentiae?

I am researching it now. I remember reading that foreign companies are not allowed to market to non-qualified USA investors without registering the securities with the SEC. My IANAL understanding is that naming them "tokens" doesn't absolve the Howey test in the USA.

As for your personal culpability, you may or may not be adequately shielded by clever corporate structure, but I have learned in life that unethical obfuscation is bad karma. The mindset of the person required to do this, is such that they will find trouble in their life at some point. I would not participate in something like this because it violates my personal ethics. I can't stomach spending the money of n00bs who I abused in a greater fool theory of investing, My concept of investing is one where everyone who joins benefits from a greater productivity that is created. If there is risk, I want to know in my heart that I didn't let the n00bs invest until that risk had been minimized by actual market acceptance of the product of the company.  Pre-selling pipe dreams to n00bs is despicable in my opinion. Sorry.

Disclaimer: IANAL and readers should consult their own professional advisor.

[Come-from-Beyond]

I am researching it now. I remember reading that foreign companies are not allowed to market to non-qualified USA investors without registering the securities with the SEC.

Don't spend time on the searching. Even if I killed Kennedy I wouldn't be a criminal until it's proven in a court. This is what praesumptio innocentiae is about. It looks illogical when in the same post you talk about laws and label me as a criminal. Pay attention to this, please.

[altcoinUK]

I am also finding it incredulous that you think you can out innovate Intel and other hugely capitalized semiconductor companies with a "trinary" processor. Do you even have any PhD researchers with a decade of work in this area?

Please do not ask relevant questions from a scammer - you will confuse him. Don't ask whether they have a sufficient R&D infrastructure in place or not, whether an adequate engineering work force is employed by the business or not. If you ask such question you will be trolled (btw, this scammer trolls you 24/7, you must be a special person in his life)
Everyone over age 14 understand that these two money collectors, CfB from the communist shithole of Belarus and David boy from his momma basement won't deliver anything in the field of microprocessor design, which is the most R&D intense area of hardware manufacturing. JINN/IOTA is a P&D scam to lure money from noobs, naives and wannabe rich idiots.

I simply won't associate professionally with anyone doing that. And such people will remain forever stuck in the business of scamming, because of their past, they will never be accepted into the mainstream where ethics and minimum levels of sane law & order are preferred.

The real sensitivity for others is not doing unethical pumps to unwary n00bs. And to pursue real projects with real adoption and ethical out in the open business (e.g. have a LinkedIn account and have a history and a reputation).

Pre-selling pipe dreams to n00bs is despicable in my opinion. Sorry.

It is really reassuring you stated that. Your supporters and potential investors will be happy to see that you distance yourself from these low life scammers.

[altcoinUK]

If you see me trolling on BTT it means that

... you are a wanker. Go, find a woman Sergey before your scam shit hits the fan and you go to jail. You never had a woman, a girlfriend will change your fucked up attitude and you will have better chance to survive. If a 37 years virgin like yourself exposed to the horny prison population then that's never a promising proposition (from your viewpoint).

[Come-from-Beyond]

... you are a wanker. Go, find a woman Sergey before your scam shit hits the fan and you go to jail. You never had a woman, a girlfriend will change your fucked up attitude and you will have better chance to survive. If a 37 years virgin like yourself exposed to the horny prison population then that's never a promising proposition.

Again these prison fantasies, I like your integrity.

[TPTB_need_war]

Oh crap here we go again repeating the same logic as to why decentralized file system block chains are insolubly flawed...


Fucking low IQ time wasters!

It doesn't matter. The issue I cited is insoluble. You will never find a technical solution. Ever.

*citation needed

Read my 10,000+ posts so you can gain the level of expertise I have accumulated.

Otherwise, we can debate each issue here as follows to bring you up-to-speed on the relevant technological issues.

Btw, how much are you willing to pay me for this education and distraction from my own work?

The onus is on you to write a coherent, concise, and complete white paper so that I can bring to bear my expertise on tearing the nonsense white paper to shreds. I didn't volunteer to condense my 10,000 posts into a white paper to offer you a concise citation.

I am particularly incensed by you promulgating this crap technology as worthwhile. It wastes my time. I told you I invented proof-of-storage in 2013 and I thought about all the ways it could possibly be made to work and all possible ways were flawed. The onus is on you to do the same and not promulgate and hype faulty technology to the community.

The Sybil attack is, in my qualified opinion, the weakest part of the Sia protocol. But we do have sufficient defense against it, and that comes in the form of proof-of-burn.

Nope. I already explained why staking (analogously burning) doesn't provide sufficient security.

And I explained why you are incorrect.

You may myopically think so, but you are incorrect.

To reiterate, hosts burn coins to get weight. Renters are 2x as likely to pick a host with 2x the burned coins. An attacker can burn a whole bunch of coins 1 time to gain an advantage, but hosts in the ecosystem will ongoing be burning coins, and all of the hosts that have burned coins in the past will have preference that the attacker needs to overcome.

And you are not smart and/or experienced enough to see the flaw in this proposed design. Thus you should not be trusted by the community as a lead developer of anything to do with block chains.

If you presume that renters will prefer the host with the most burned coins, then hosts must either burn all their coins to be in the chosen top or they must join together to form an oligarchy of some sort (if that is possible) to stop other hosts from burning all their coins. Because the host that burns all his coins would then be chosen and he can then short the coin and delete all the data stored on the coin and walk away with the value that was in the coin.

If you presume some equilibrium level will be attained by the market where hosts can earn some profit, then the Sybil attacker can burn that many coins too, because he is being paid for all his Sybil hosts. The fact that he only stores the data once (for all his Sybil hosts) reduces his costs, so he can afford to burn more coins than the other honest hosts (or burn the same number of coins as other honest hosts yet have higher profits). And the renter ends up with only 1 copy of the backup instead of the many copies they paid for.

You've solved nothing. And that you can't see this obvious flaw means you don't have the IQ to even be attempting this. Please just do yourself a favor and quit now. This is above your pay grade.

A sufficiently disruptive attacker can be displaced with a simple blacklisting.

So you attempt to solve decentralized file storage by making it centralized.  

Also you can't identify who the attacker is! For as long as the attacker is successfully storing only one copy but charging for multiple hosts, this is not detectable. That is the entire point I made about why this is insoluble. Duh! You really need a citation? It is a simple logic.

Your arguments are not sufficiently fleshed out. You do a substantial amount of handwaving...

Sorry you are just hyper ignorant.

I can't believe anyone placed investment with you. There are some super n00bs here. I am also amazed that smooth is so clueless that he needs you to write a white paper.

An attacker cannot gain cost-efficiency by storing all the data, because the redundant pieces are encrypted with different keys, and the attacker is unable to figure out which pieces are not needed.

Sure he can. He can put all the pieces in the same data center where he can maximize his economies-of-scale, e.g. build own datacenter next to hydropower. Are you so ignorant to not realize that the actual cost of the harddisks is not only component of the cost of storage focused datacenter.

You've just shifted the centralization incentive to the Sybil attack.

And what is the point? We can already pay now for cloud storage on many providers (hosts). The point was that people could stand up nodes, but as you see a datacenter focused Sybil attack will always be more efficient and thus can burn more coins than nodes by those with less economies-of-scale.

Notwithstanding the above which is already sufficient to make your oxymoronic design for a decentralized file store attackable by centralization, additionally any public data can't be encrypted in a way that can hidden from the attacker. So the design is an unarguable failure for hosting public files such as downloadable music, internet web page files, etc..

Additionally it is probably possible to detect which redundant encrypted pieces (in the case of non-public data) are the same, by failing on a request for a piece and correlating with timing analysis and client IP to the request for the other piece. There is no way to prove that a failed request was not a network timeout, which is another problem I haven't yet dropped on you.  

[TPTB_need_war]

It looks illogical when in the same post you talk about laws and label me as a criminal. Pay attention to this, please.

I suggest you improve (pay attention to) your reading comprehension. I have specifically gone out of my way to make it clear that I am not accusing you of a conviction. See quotes below. And if you read my posts on this page and the prior one, I am speaking about what I think the legal entity "Iota/JINN" is doing w.r.t. to securities (not you personally) and then I relate to you in terms of your own personal ethics and the outcomes from personal ethics in my experience in life.

My point is once someone heads down the path of unethical choices, there is no turning away from criminality. They enter the dark underworld. The criminal mindset doesn't compute this probability correctly. I am speaking in generalities in this paragraph and not making an accusation.

I am perfectly within my rights to comment in a forum with my conjecture. That is what speculation forums are for.

As for your personal culpability, you may or may not be adequately shielded by clever corporate structure

Disclaimer: IANAL and readers should consult their own professional advisor.

[Come-from-Beyond]

I suggest you improve (pay attention to) your reading comprehension.

Ok, my reading comprehension is indeed not brilliant.

[altcoinUK]

Perhaps Iota has complied in Norwary under EU law.

No, it doesn't comply. There is no jurisdiction exists in Europe which allows raising capital by promising to deliver a radically new, novel microprocessor design and a revenue generating IoT system, while the business operates in the momma's basement of the CEO, the business has no office nor R&D facilities nor any employees. In the meantime, the completely baseless promise of microprocessor and IoT system is framed in a crypto currency ICO which is hyped by an army of sockpuppets and shills to target noobs and naive idiots via a pump and dump process. Such "project" is classified as a fraud in all European jurisdictions.

[TPTB_need_war]

Synereo:

Pre-selling the AMPs before having a viable design and viable product ready for Synereo is already a sign of a scam.

Then I have explained (read the linked threads from my prior post) that the attention model doesn't work economically when AMPs are incorporated. If anything remains of value, it is the Reo without the AMPS.

Thus the AMPs are a not a viable investment, except for a P&D.

Yeah the Reo might work. And indeed a decentralized social network may have market importance. But there is no viable investment here, because the AMPs are an incorrectly conceived component.

Any way there are others already releasing decentralized open source social networks, such as Diaspora is I think now in Beta. Synereo's Reo could potentially offer some advantage, but that still won't make the AMPs viable.

Perhaps Synereo will repurpose the AMPs in another use case other than the attention model. Any way, my point is the AMPs are for sale but Synereo is far from figuring out what they should be designing and implementing. They are too far off on hairbrained failure directed shit like Casper. And the competitors are moving forward rapidly.

Also AMPs are very likely illegal unregistered investment securities per the Howey test. So the future looks bleak for Synereo.

What I see is they are good at making regular video hangouts, but really not well focused as a software development company. Too much time wasted talking and attempting pie-in-the-sky designs that are still not threshed out and in some respects are insoluble until they change focus and direction.

I studied them carefully trying to think if I could gain more by partnering with them and trying to refocus them, and I decided I could do much better without their existing team. Greg Meredith is smart and a math whiz. But Steve Jobs wasn't a math whiz, yet you can see which of the two accomplished more in software. My point is I see the wrong company culture. I been around in Silicon valley and such, so I think I am a good at making these appraisals.

Again I respect their intellect, but not their focus. And the pre-selling of AMPs (even if they could work in the attention model, which they can't) is despicable IMO (and probably illegal as well).

[TPTB_need_war]

Re: Do you think coins with IPO/premines will succeed and be popular/mainstream?

IPO are a good thing i f managed well and by trusted / real devs.

One example? I can't think of any. All the IPO/ICO coins have crashed and burned. Only the proof-of-work distributed coins have sustained, e.g. Monero, Litecoin, Bitcoin.

[altcoinUK]

I don't understand why would you choose the default port to be value below 1024 which means you cannot run this on unix system without super user privileges.

Even when I change the port in the config file, it still tries to bind to 999 so the server crashes.

Java Security Manager is PITA, if you run Java app with reduced privileges be ready to face a lot of unexpected problems caused by JSM. Being a reference implementation, IRI has as much error handling stripped out as possible. Together with JSM in paranoic mode this would make the testing a nightmare.

Port in the config file is for API only.

What a wanker and what a BS. No wonder NXT is used by nobody in real world, no wonder they delivered nothing with JINN.

And then a "reference implementation" is released to end users - obviously without any QA test - with a hard coded port numbers and by violating basic security requirements to run the system with root privilege, because there are "unexpected problems" and "the testing a nightmare". Will the idiots understand that they got a bogus and disturbingly poorly written "reference implementation" after 5 months and for $500k? Probably not.

[altcoinUK]

I don't understand why would you choose the default port to be value below 1024 which means you cannot run this on unix system without super user privileges.

Even when I change the port in the config file, it still tries to bind to 999 so the server crashes.

Because this CfB software developer (who is BTW hiding in a the shithole of communist Belarus) has never worked for any notable software company, he has never worked on any commercial, never mind enterprise software project, and therefore he could never learn basic software engineering principles by being the member of a normal software development team. His only software engineering credential is NXT, JINN and IOTA which were good enough to scam the idiots, but as you can see don't even pass a basic QA check-list, never mind a code review. That's why you find disturbing issues in his code as well as in his design (probably has has no clue what is the difference between design and coding in software development).

Too tired to answer this in my own words:

Suppose you're exchanging data with a computer on a port <1024, and you know that computer is running some variant of unix. Then you know that the service running on that port is approved by the system administrator: it's running as root, or at least had to be started as root.

So are you telling me from design and implementation standpoints it is acceptable to hard code the port which requires root privilege (or in fact hard code any port) as well as it is fine the system doesn't pull the configuration data from the config file? Are you telling me it is a good practice that an alpha stage software (which presumably vulnerable to security issues) requires root privilege?

I understand you are one of the shills, but if you are a developer as well, then don't BS and don't defend a poor design and implementation.
 

[altcoinUK]

TPTB_need_war, please release something, because the software engineering skills of these scammers is disturbingly embarrassing and crypto need something more than what we have now.
I understand there are very good software engineers in crypto like gmaxwell, James (jl777), smooth, CIYAM, yourself, but when I see the work of these IOTA scammers who collected $500k for this shamble then I start to understand why alt crypto currency projects rejected by the public and use by nobody in real world.

[TPTB_need_war]

TPTB_need_war, please release something

In my case, health is a big factor. Any way, I think I can sign off now. I'll check back tomorrow to see if anything really needs my response. Otherwise I intend to bite my tongue and focus more on my own.

[TPTB_need_war]

Like you are really, really nice to everyone here?

You are, sir, a real dick-head.

I am nice to people who don't waste my time.  Unfortunately idiots are incapable of respecting me because they do not comprehend.

If you replied that I am correct, but you are going to invest (in the lie of decentralized file block chains such as MaidSafe, Sia, Storj, etc) any way because you don't care if it is flawed, I would consider that you had not wasted my time.

After 10,000 posts, I am EXTREMELY tired of people who waste my time. I will explain the issues once and once only to disrespectful antagonists who are unwilling to recognize and admit when they are wrong (which I always do because lying to myself will only hurt me and I don't care about my ego!). If you choose to be ignorant, it isn't my problem.

They claim Steve Jobs was a real dick-head because he berated employees who were not performing their jobs up to his standards. My former very high IQ boss disagrees.

The first time we met, was an event set up by Kai Krause. Kai wanted to show our interface improvements to the big kahuna. I showed my idea processor (I will write a short blog post on it sometime).

But Steve's first words were that it wasn't scalable, and he hit the nail on the head. He was like that.

Dumb people don't like smart people, except when they respect them. They especially don't like smart people who are frank and tell them when they are wrong. They prefer someone who lies to them so they don't have to face the loss of ego due to being incorrect, such as the lead developer of Sia. Dumb people like AmericanPegasus have huge egos, whereas at the top where I am it is quite serene. The dumb people blame their huge egos on the ego of the smart person, because they are too dumb (foolish pride combined with the Dunning-Kruger syndrome) to recognize that is their own ego that is causing them to project it. I see it all the time. I just sigh. Not my problem, it is yours. Sigh.

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

[TPTB_need_war]

What do the big mouths[astute designers] want?

To be correct, so we don't work on something or pursue a direction that is flawed. We share it because humans are social creatures and through the challenges of peer review (sharing) we learn. And you have a huge ego which you project on me and blinds you to my true motives.

[rokkyroad]

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Its too bad you feel that way. You are an asset to the community. I understand you gotta do what you gotta do.

[TPTB_need_war]

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Its too bad you feel that way. You are an asset to the community. I understand you gotta do what you gotta do.

There are worthy people here and some very smart ones. But the noise one has to wade through to read you guys is not worth it.

We'll create our own forum, where ignoramuses and scammers will be banned.

[TPTB_need_war]

Ok, point taken TPTB.  There are potential issues with decentralized data storage.  Perhaps one day a superior method will come along, but for the moment Sia is as good as it gets.

So now it is confirmed that you are a sleazy pumper.  

No there are not potential issues. There are insoluble flaws in ALL possible decentralized file storage block chains which rendered them entirely indefensible. You can only pursue these speculations as a P&D. If you can't recognize this, then I won't waste my time on your inability to understand the technology even after it has been explained to you.

I feel good to be invested in the best decentralized data storage, and hope they will continue to consider how to leverage reputation systems to prevent cheating & attacks.  If you find an obviously superior method, feel free to let us know.  

Of course you do, because you have vested interest because you bought 1/1000th of the illegal unregistered securities (pre-sold for a lie that is vaporware) and now are pumping these lies on unwary n00bs. I am recording all of this for the future SEC investigations and jail time for those who deserve to go to jail.

Reputation is centralization. Period. Learn the about the power vacuum of reputation in the Iron Law of Political Economics. You won't understand the reason a power vacuum must always be filled by the winner-take-all, because you lack sufficient IQ.

You may be smart, but you are also blinded by the pursuit of unreachable perfection.

In case you haven't noticed (given you even offered to help me relocate because of my health issue, which I obviously decline because I don't accept help from unethical people such as yourself), I've had a debilitating health issue which prevented me from working. I've spent most of the past 3 years in delirium and trying to use the time for something productive by thinking about crypto, because I was incapable of doing any thing else.

My work history is I have created more than one million user product. When I am healthy, I can do so again.

You have invested at the early stage in no million user products and never will. I guarantee that. I create them from scratch. You pump idiotic shit such as Aeon and this Sia crap. Smooth will never produce a million user product because he has no experience in doing so. Smooth is very experienced at creating server software for financial institutions, not end user software for the masses. These are relevant facts which you are blinded to.

Unfortunately for you and your investments, I am having reasonably good improvement due to a multi-herbal tea I've been drinking past week or so.

In life we must sometimes make 'good enough' decisions to get a product into existence, rather than chase an ideal that can never be.

This applies to software that can be improved. It doesn't apply to insolubly flawed block chain designs. That is a crucial distinction, but you are not smart enough technologically to understand why.

Instead, despite its flaws, it spawned a new world of online commerce.

Bitcoin's design can be fixed, because the problem is the economies-of-scale due to profitable mining, and the profitable mining can be removed. Decentralized file storage block chains can NEVER be fixed, because there is no way to prove that files are stored on less economy-of-scale nodes.

For one, I stand behind my decision to hold Sia.  TPTB can be quite analytical and brilliant at times, but he also suffers from a giant, fragile ego and a lack of ability to convert theories and mathematical ideals into a functioning, real-world compromise.

Of course you do, because you are technologically unqualified to be advising anyone on any investments in the block chain design arena.

And there is your fragile ego again blinding you.

Goodbye idiot. Get off my lawn.

[TPTB_need_war]

Re: rebranding from Vanillacoin to Vcash.

One old criticism that has not seemed to fade is the Developers (John Connor) use of Bitcoin and Peer-coin code without the proper attribution.

And stop being anonymous. Publish his LinkedIn account.

And release fully detailed white papers on Zerotime and Chainblender so they can be properly peer reviewed.

Until he does those, it is just another scam coin hyping tokens on n00bs.

[Jason.W]

Hi, have you or anyone had time to spend a thought on decred in this thread?

[DecentralizeEconomics]

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Wew... I'm glad you're not leaving on my account... That's a relief.

[rokkyroad]

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Wew... I'm glad you're not leaving on my account... That's a relief.

It always hurts to be called stupid even if it is true. 
I guess there is no delicate way of putting it. (as I walk away knuckles dragging on the ground)

[TPTB_need_war]

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Wew... I'm glad you're not leaving on my account... That's a relief.

It always hurts to be called stupid even if it is true.  
I guess there is no delicate way of putting it. (as I walk away knuckles dragging on the ground)

That comment was not directed at either of you. It is directed at the trolls who refuse to even acknowledge (or pretend they can't understand) what I try to share.

DecentralizeEconomics my arguments against Synereo are rather deep. I wouldn't fault you for needing a more thorough explanation from me.

Here is an example:

Hey Vitalik, good for you to have shown the same kudos, same  as Satoshi did, if you can dream it build it, and lets see if it stands. So far you have delivered. Wishing you all the best going forward, and fuck the wingers, if they don't like ethereum let them do something better or they no different than the establishment Satoshi is tearing down.

Throwing molotov cocktails at thirsty drunks is "delivering"  

It is partially a proof-of-work coin.

There is nothing competing with it yet on widespread adoption and Dash is promising that (but will never deliver millions of users and then the coin will die because another coin will).

I will kill Dash. Guaranteed.

It's easy for you to slam DASH, but at least the DASH team has delivered results. They are doers, not talkers.

Throwing molotov cocktails at thirsty drunks is "delivering" 

The rest of your post was gracious, but really you don't understand that the insiders stole the supply and then they crafted masternodes which they could own most of, which thus pay them dividends, so they own an eternal supply of coins to P&D with. There is mining debasement that appears to be decentralized, except due to insider control over masternodes, the debasement ends up back in the insiders' pockets for dumping on greater fools.

[DecentralizeEconomics]

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Wew... I'm glad you're not leaving on my account... That's a relief.

It always hurts to be called stupid even if it is true.  
I guess there is no delicate way of putting it. (as I walk away knuckles dragging on the ground)

That comment was not directed at either of you. It is directed at the trolls who refuse to even acknowledge (or pretend they can't understand) what I try to share.

DecentralizeEconomics my arguments against Synereo are rather deep. I wouldn't fault you for needing a more thorough explanation from me.

I knew that it wasn't.  Regardless of your opinions on Synereo, I think you leaving this forum would be a loss.  I know you are a "true believer", and there are very fewer people of that mindset left in crypto.  It's nice to see someone sticking to their convictions.

[TPTB_need_war]

I think you leaving this forum would be a loss.  I know you are a "true believer", and there are very fewer people of that mindset left in crypto.  It's nice to see someone sticking to their convictions.

I'm still reading. I just don't want to fight the same argumentative battles over and over again. This forum is victor to least weary. A battle of attrition by one man trying to argue with a continuous stream of newbies, is just an insane waste of productivity that could be more valuable if applied on development work.

I know you are a "true believer", and there are very fewer people of that mindset left in crypto.

I do not believe we can make a system that is resistant to government. What I am shooting for now is to make a system that is so fucking popular and also decentralized, that it becomes the political choice. And hoping the people then say to the government, "don't touch my internet, I like it the way it is now where I can pay anyone anytime without permission or interference".

[TPTB_need_war]

[I don't know what ether is/ how its supposed to work but i know its the future will work despite smarter people than me explaining why it won't work in words I can't comprehend; and I am sure of this because Vitalik is a 20-year old genius who never made software before in his life and because Ethereum can do anything because Vitalik and Szabo said so]

Btw afaik Szabo never made any software in his life either. Don't bother to consider the knowledge of people who have actually made software that shipped to millions of users. Nick Szabo's LinkedIn is blank:

https://www.linkedin.com/in/nick-szabo-93565212


Our inner conscience can't be fooled by our outward con:

ETH is an amazing technology

Re: LISKETH price speculation

I heard the lead team consists of a college dropout and a ColdFusion web dev?

making people aware of the latest news of Ethereum is pumping

Re: Arcade City Uses Ethereum to Decentralize Taxi, Delivery and Roadside Assistance

http://allcoinsnews.com/2016/03/14/arcade-city-uses-ethereum-to-decentralize-taxi-delivery-and-roadside-assistance-services-and-launches-mobile-app/

There is no way for a smart contract to form an objective consensus about events that occur external to a block chain.

Besides there rates will need to be set by a consensus of drivers. If you haven't noticed, it is the drivers who are destroying Uber.

All voting is a power vacuum that fails due to the Iron Law of Political Economics.

This press release is bullshit with no adoption and is merely to sell more ETH tokens to fools.

Augur and Slock.it and 99% of the apps/contracts announced for Ethereum are so flawed they can never work.

Logic 101:

Only someone mentally challenged could post a clip of an aircraft crashing

[TPTB_need_war]

MOVED: ItchyCrotchCoin announces Etheram-based token Smegma

mprep is a fucking dweeb and he can lick my butt hole. He has allowed the Altcoin Discussion forum to be destroyed with noise from pumpers.

The board is entirely useless. That is the FACTUAL point (and protest) of the sarcasm.

BAN ME PLEASE! PERMANENTLY! This forum is dying.

[TPTB_need_war]

Erm... If the app keeps track of drivers journeys

And my point is there is no way to reach objective consensus on the driver's journeys. Read my prior post again and try to understand it, because it flew right over your head.

You n00bs don't even have a fucking clue at all about the technology.

Consensus is not needed, just details of the journey and rate. As an astute, brilliant and seasoned developer I would have assumed you knew that.

Incorrect. You go learn something and come back when you are not totally ignorant.

Btw, as I explained in the Ethereum Paradox thread about other proposed Ethereum applications, if you just want the customer and the driver to agree on what has been delivered and record a payment, then you only need multi-sig for that which can be done with Bitcoin. If you want an objective consensus on other facts, then a block chain can't do that because a block chain is only objective about the longest chain rule and nothing external to the block chain.

StinkyLover I challenge right now to a live video debate.

Put up or shut up.

Yes or no?

LOOL! You are a joker. Get lost.

So readers now you know he shut up because he knows in a live video debate, his lies will be revealed.

[TPTB_need_war]

TPTB is correct, although I'll try and explain in a more digestible manner

A contract in ETH (or any platform for that matter) can only come to a reliable consensus if the information it is using to come to that consensus is solely internal to the system.

In the case of this, the driver and the passenger could collude to input "fake" information into the system, perhaps so that the driver gets more tokens or whatever.  There is no way for the system to check, irrefutably, that the journey really was say 20 miles in distance, it could all be fake.

Even if you put a "black box" in the cab, you still cant ever be 100% sure that it wasn't tampered with, and so due to that uncertainly, the consensus can never be totally reliable.

[achimsmile]

There was something about you had to have invested in JINN before to get in on the ICO or something I forget exactly.

They weave a maze to try to obfuscate.

Good one. Your first sentence is false. Who's trying to obfuscate now?

[cryptohunter]

There was something about you had to have invested in JINN before to get in on the ICO or something I forget exactly.

They weave a maze to try to obfuscate.

Good one. Your first sentence is false. Who's trying to obfuscate now?

Oh you're here. I wondered where you had gone.

Come back to our other thread where we are discussing the scheme/scam you're supporting right now called IOTA.

[achimsmile]

There was something about you had to have invested in JINN before to get in on the ICO or something I forget exactly.

They weave a maze to try to obfuscate.

Good one. Your first sentence is false. Who's trying to obfuscate now?

Oh you're here. I wondered where you had gone.

Come back to our other thread where we are discussing the scheme/scam you're supporting right now called IOTA.

Oh, you are here too. You seem to be a rather impatient fellow.

[TPTB_need_war]

Bottom line is that the block chain is applicable for recorded state transitions that can be proved to be correct from data internal to the block chain. It is not applicable to anything which requires subjectivity about data external to the state in the block chain.

So most everything people are proposing for Dapps, can't work without breaking the objective census mechanism and thus destroying the Nash equilibrium security of the consensus due to a Prisoner's dilemma over which is the consensus choice.

And validation will always end up centralized for any block chain (smart contracts or crypto currency) no matter which consensus design is chosen.

Ethereum will crash and burn eventually. For a while, they might be able to keep the market fooled with technobabble and centralized training wheels.

[generalizethis]

Bottom line is that the block chain is applicable for recorded state transitions that can be proved to be correct from data internal to the block chain. It is not applicable to anything which requires subjectivity about data external to the state in the block chain.

So most everything people are proposing for Dapps, can't work without breaking the objective census mechanism and thus destroying the Nash equilibrium security of the consensus due to a Prisoner's dilemma over which is the consensus choice.

And validation will always end up centralized for any block chain (smart contracts or crypto currency) no matter which consensus design is chosen.

Ethereum will crash and burn eventually. For a while, they might be able to keep the market fooled with technobabble and centralized training wheels.

This even applies to the Internet of Things as you (or a hacker or the manufacturer) can program your things to lie, correct?

I was thinking on how to defend autonomous cars from hackers and thought a decentralized consensus network offered the best chance of secure/safe driving, but reading your posts, makes me think that it will either be a state system or off-ramped to a corporate system, but it can't be decentralized because the blockchain can only verify its chain in a decentralized manner--hope I'm reading this aspect correctly.

[TPTB_need_war]

Bottom line is that the block chain is applicable for recorded state transitions that can be proved to be correct from data internal to the block chain. It is not applicable to anything which requires subjectivity about data external to the state in the block chain.

So most everything people are proposing for Dapps, can't work without breaking the objective census mechanism and thus destroying the Nash equilibrium security of the consensus due to a Prisoner's dilemma over which is the consensus choice.

And validation will always end up centralized for any block chain (smart contracts or crypto currency) no matter which consensus design is chosen.

Ethereum will crash and burn eventually. For a while, they might be able to keep the market fooled with technobabble and centralized training wheels.

This even applies to the Internet of Things as you (or a hacker or the manufacturer) can program your things to lie, correct?

I was thinking on how to defend autonomous cars from hackers and thought a decentralized consensus network offered the best chance of secure/safe driving, but reading your posts, makes me think that it will either be a state system or off-ramped to a corporate system, but it can't be decentralized because the blockchain can only verify its chain in a decentralized manner--hope I'm reading this aspect correctly.

The only way to have an external data feed that is not binary is to delegate to a centralized source, because even if we use reputation (or stake deposits) to prevent Sybil attacks and take a vote, the problem is that such a vote only surely converges to a majority outcome if the choices are only binary (e.g yes or no). Otherwise we can get forks which disagree on the consensus choice.

So conceptually an Augur-like prediction market could work if the bet outcomes are binary. But this reputation consensus has to be integrated with the block chain consensus and can't be orthogonal to it. Augur's mistake is building a reputation consensus on top of Ethereum's separate (but not orthgonal!) consensus protocol, which thus destroys the Nash equilibrium and creates a Prisoner's dilemma over which is the consensus choice.

But an additional problem, is that reputation systems are a power vacuum that ultimately centralize to a winner-take-all due to the Iron Law of Political Economics.

And the flaws of proof-of-stake have been enumerated.

I'd be interested in seeing a proof-of-work consensus for binary outcome predication bets. But that will have serious problems if the binary outcomes are not objectively clear to all miners.

[TPTB_need_war]

Dapps, can't work without breaking the objective census mechanism and thus destroying the Nash equilibrium security of the consensus

And validation will always end up centralized for any block chain (smart contracts or crypto currency) no matter which consensus design is chosen.

Ethereum will crash and burn eventually. For a while, they might be able to keep the market fooled with technobabble and centralized training wheels.

Who cares,

the contract will still get processed

the central controller has no incentive to steal anyone's money and scatter the billion dollar community that was just created

community size is worth more than tech, case in point: bitcoin

"decentralization" is overrated

distributed liability is all that really matters today. In other words, having the ability to move the physical geographic location of the central node to another country without service disruption in order to escape government control is all that matters. That my friends is what the average Joe considers "adequate decentralization"

Nobody gives a shit about John Nash.

So until there is a better non-vaporware alternative to Ethereum (when they eventually crash and burn), the hype continues unabated

You don't seem to understand the failure caused by vested interests (case in point: Bitcoin's scalepocalypse) which makes your $billion adoption market implausible, which was the reason we needed decentralization. Case in point: Apple Pay's inability to scale because it competes against other vested interests.

Market caps are not adoption valuation. They are greater fool illusions, especially when one can't even calculate a P/E ratio in the case of crypto trash. When five MAD men carrying box cutters and riding camels buy ETH from themselves to create the illusion of a $billion market cap, I know crypto has turned into a cess pool going no where.

[schlonged]

Hello again TPTB, thanks again for the help.  I'm not the fastest learner but I'm trying.  I'll just post terse responses to chronological postings.  Let me know which of my references you would like me to post links to (because I know you are busy, and I can easily do DD for you).

It appears that overall, you are trying to form a more perfect union (with everyone), which would definitely make America great again!

Peertracks runs on the Bitshares block chain

No, it has it's own chain (BTS clone)

Also Bitshares is a highly centralized platform

What platform isn't?

Bitshares instant transactions aren't reliable, because there is only one designated confirmation node for each block period, so the performance of blocks can vary.

Poor performers get voted out, and are no longer permitted to form blocks. Only historically reliable block producers are allowed to mine.  It's the core feature of the "meritocracy" model:

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m39s

The Peertracks Note features is interesting. It might turn audiences in P&D targets though

Yes, if that particular artist wants to make his fans angry.
 

It is also not clear if these are illegal unregistered securities under SEC law in the USA. I do know that in the case of airplane VIP memberships the Supreme Court ruled they were not subject to the Howey test. I will need to study that more.

Good point, I read that much of the ICO went to paying for lawyers.

Peertracks doesn't appear to do anything about enabling the unbanked to monetize music, which is one of my major goals.

Not sure what you mean, please explain.

Peertracks is IMO too focused on just music. You are basically trying to turn the serious music fans into speculators. Yeah speculators here will think Notes are cool, but the actual music fans I think will perceive it to be a negative feature and an insult to love of music. You basically corrupt the musicians teaching then to do P&D instead of produce great music. Sigh.

Wrong business model.  "Notes" now called "MUSE" blockchain tokens are for speculators who pay for the decentralized mining network and stand to profit if the number of transactions (fees) increases to the point that more MUSE can be burned than are created on the blockchain.

Artists (not just musicians) make "coins" for their fans that can be redeemed for front row seats, back stage passes, limited edition swag, etc.  

This project is still in the early stages however:

Fan side vid:
https://youtu.be/aQM4P7uFgk4

Artist side vid:
https://youtu.be/yWOUJehIfJc

my project to develop a truly decentralized, instant, microtransaction altcoin, and achieving widespread adoption also incorporates the features targeted by Peertracks except without the Notes, but my projects runs the gamut from games to collaborating on graphic arts and business documents. We have already chosen a name for the project, and I am confident it is the best name seen yet in our crypto arena. The name implies music distribution but it also implies collaboration on anything not just music.

Great, let us know when it is liquid, but until then, I must deploy my capital.

Hmmm 15 votes for IOTA and it's not even released? this does not look good.

If not a scam then a poor effort considering your background and knowledge in this field and on this board. All I can see so far is a small group of people hyping and pumping.

I don't know an iota about IOTA, but those who are crying because the IOTA IPO did not have enough positive spam should never post again.  There is already enough spam around here, and besides, here's what you said when you had the chance to purchase IOTA:

(first post in the IOTA ICO thread)

People should keep in mind that ICOs are mostly scams.

So, tell me exactly, who made it hard to learn about the IOTA ICO again (when you had the chance)?

answer: those who cried "scam"

All top POS coins have been distributed through some type of ICO.

I made some major mistakes in my 30s. I would hope someone younger than me, who still has a chance to change course

I declared bankrutcy multiple times, so come on now, your mistakes can't be all that bad

Americans have succeeded because we believed in law & order and bettering people. Some significant portion of the population has become corrupted (and really embraced Socialism and stealing from each other), but there is still a core that will break free of the corrupted portion of the USA. Trump is indicative that the productive and conservative sector of the USA is beginning to rise up.

Unethical systems always devolve into abject failure.

Amen brother, let's make America great again!

The corporations may eventually come around to an open source standardization process, but that is not now. And I doubt any standards will form around a block chain and coin launched as an ICO that is illegal in the USA.

Who cares about corporations in 2016 son?  They are the apex of "centralization" and survive today only on free fiat handouts from the money printers.

Corporate buybacks are the only thing proping up the market.

And where exactly do they get the money to buy back their own stock?

Bond sales to the ECB, etc. So now that the global stock market valuations are connected directly into the fiat printing press, it's mission accomplished.  

The corporate snake eating its tail is the definition of unsustainability.

Let me know if you want links.

Welcome to the decentralized future where the individuals (aka owners) decide the global standard.  If the people did not chose bitcoin to be the standard unit of crypto value, then who did?  The corporations? lol!

Pre-selling the AMPs before having a viable design and viable product ready for Synereo is already a sign of a scam.

Paying for R&D has been standard buiness prectice for centuries, what's the problem?

Maybe they come up with something, maybe they don't.  Nobody is requiring you to invest.

All the IPO/ICO coins have crashed and burned. Only the proof-of-work distributed coins have sustained, e.g. Monero, Litecoin, Bitcoin.

Some IPO/ICO coins have "sustained" (a large market cap) a position among the most successful cryptos on the planet:

#2. Ethereum POS/IPO
#5. Maidsafe POS
#8. Factom POS/IPO
#9. Bitshares POS/IPO

OK, so it appears that we have progressed no further, but at least we did shorten the 2 points in the following quote down to their essence:

1. no existing crypto is perfectly decentralized but no coins get doublespent
2. IPO = R&D, not scam

(thanks in advance to anyone who can answer the highlighted question at the bottom)

Early adopters can crash the share price at will.  You can’t escape the “the early bird gets the worm” principle, since it is time dependent, so I must disregard “equity distribution” concerns.

Who cares about a central entity taking control of a blockchain? Not me.  POW coins are all susceptible to this and so far none of the big cap coin miners have taken advantage of their power because they would destroy the value of the coins that they mine if they did.  

....

Well, now my portfolio only consists of a handful of coins: Bitcoin, BitShares, Peertracks, and Namecoin giving me a scam-average of 13% which is twice as good as the 24% average!  I'd say that is a pretty awesome score. What's yours?  You will need to recalculate the average each time since it keeps changing.

I still need to research the “World Computer”, “Social Networking” sectors and wait for Zcash.

One final question I have for the peanut gallery:

Is there nothing else out there that is effectively delivering what they claim to do (business solutions)?

[TPTB_need_war]

Bottom line is that the block chain is applicable for recorded state transitions that can be proved to be correct from data internal to the block chain. It is not applicable to anything which requires subjectivity about data external to the state in the block chain.

So most everything people are proposing for Dapps, can't work without breaking the objective census mechanism and thus destroying the Nash equilibrium security of the consensus due to a Prisoner's dilemma over which is the consensus choice.

And validation will always end up centralized for any block chain (smart contracts or crypto currency) no matter which consensus design is chosen.

Ethereum will crash and burn eventually. For a while, they might be able to keep the market fooled with technobabble and centralized training wheels.

This even applies to the Internet of Things as you (or a hacker or the manufacturer) can program your things to lie, correct?

I was thinking on how to defend autonomous cars from hackers and thought a decentralized consensus network offered the best chance of secure/safe driving, but reading your posts, makes me think that it will either be a state system or off-ramped to a corporate system, but it can't be decentralized because the blockchain can only verify its chain in a decentralized manner--hope I'm reading this aspect correctly.

The only way to have an external data feed that is not binary is to delegate to a centralized source, because even if we use reputation (or stake deposits) to prevent Sybil attacks and take a vote, the problem is that such a vote only surely converges to a majority outcome if the choices are only binary (e.g yes or no). Otherwise we can get forks which disagree on the consensus choice.

So conceptually an Augur-like prediction market could work if the bet outcomes are binary. But this reputation consensus has to be integrated with the block chain consensus and can't be orthogonal to it. Augur's mistake is building a reputation consensus on top of Ethereum's separate (but not orthgonal!) consensus protocol, which thus destroys the Nash equilibrium and creates a Prisoner's dilemma over which is the consensus choice.

But an additional problem, is that reputation systems are a power vacuum that ultimately centralize to a winner-take-all due to the Iron Law of Political Economics.

And the flaws of proof-of-stake have been enumerated.

I'd be interested in seeing a proof-of-work consensus for binary outcome predication bets. But that will have serious problems if the binary outcomes are not objectively clear to all miners.

Whoops:

"The other thing we added was the ability to create multiple-choice markets. In the alpha we only had binary yes or no markets."

[Come-from-Beyond]

Whoops:

"The other thing we added was the ability to create multiple-choice markets. In the alpha we only had binary yes or no markets."

It can be just a coincidence.

[TPTB_need_war]

Whoops:

"The other thing we added was the ability to create multiple-choice markets. In the alpha we only had binary yes or no markets."

It can be just a coincidence.

My point is they just decided to surely break Augur (although it was already doomed for the other reasons I enumerated). Whether the timing of my reading of that statement about the Augur beta is coincidence to the timing of my post, is not my point.

[TPTB_need_war]

When five MAD men carrying box cutters and riding camels buy ETH from themselves to create the illusion of a $billion market cap, I know crypto has turned into a cess pool going no where.

They can't just be buying from themselves. All the miners must be paid as well...

I bet the mining is largely a set of insiders who were told to borrow money and mine the shit out of it, because they would be part of the P&D. So I do believe the majority of the miners are cooperating with those who are executing this P&D.

Mining with GPUs doesn't mean widely held.

hv_ conjectured upthread that the Chinese are trying to obtain ETH in order to monopolize the coming switch to proof-of-stake consensus in Casper. Thus they would not be selling and they may be involved in the P&D by taking huge short positions, so they can scoop up the coins cheaply.

[TPTB_need_war]

Well the offer me to buy some software during Crowdsale, I liked the idea DAG and bought some.

What have I done wrong 

Did you verify that Iota adhered to all laws and regulations for selling investment securities in every jurisdiction where they offered the "tokens" for sale to investors?

Specifically did they register these tokens with the SEC in the USA? If not, did they restrict non-qualified USA investors from obtaining the coins?

I hope you aware it is against the policy of crowdfunding sites such as Kickstarter and Indiegogo to offer any shares or redeemable tokens to contributors.

[TPTB_need_war]

CIYAM has alleged the possibility that Iota is designed to be a trojan horse which can take root control of your computer:

https://bitcointalk.org/index.php?topic=1400837.msg14220154#msg14220154

[Come-from-Beyond]

CIYAM has alleged the possibility that Iota is designed to be a trojan horse which can take root control of your computer:

https://bitcointalk.org/index.php?topic=1400837.msg14220154#msg14220154

Of course, he "forgot" to mention that Iota package contains the source code and unobfuscated binaries that can be reverted back into the almost original source code (different indent and different local variables).

[TPTB_need_war]

CIYAM has alleged the possibility that Iota is designed to be a trojan horse which can take root control of your computer:

https://bitcointalk.org/index.php?topic=1400837.msg14220154#msg14220154

Of course, he "forgot" to mention that Iota package contains the source code and unobfuscated binaries that can be reverted back into the almost original source code (different indent and different local variables).

Since he closed his thread, I mentioned here to give you a place to rebut.

[Cashew]

I doubt that anyone will be objective with this poll and will simply put as a scamcoin all the crypto-currency that he think (or even not, most of them are parrots) to be scams.

[TPTB_need_war]

I doubt that anyone will be objective with this poll and will simply put as a scamcoin all the crypto-currency that he think (or even not, most of them are parrots) to be scams.

Worse yet, I fear that many vote for what ever they don't own. But perhaps they don't own what they think is a scam.

I think we've given a lot of explanation in this thread about which are scams and why.

There are outright fraudulent scams (e.g. Dash) and then flawed hyped ICOs (so flawed they can't even function for anything at any scale worth mentioning) which are most of the coins on the list, except not Bitcoin, Litecoin, Monero.

Some of those (e.g. Iota) might function as centralized up to the point that vested interests prevent further adoption and scaling (barring any technical reinterpretation that I failed to see coming).

[Come-from-Beyond]

Since he closed his thread, I mentioned here to give you a place to rebut.

Thank you, but let's leave it as is.

[TPTB_need_war]

Whoops:

"The other thing we added was the ability to create multiple-choice markets. In the alpha we only had binary yes or no markets."

It can be just a coincidence.

My point is they just decided to surely break Augur (although it was already doomed for the other reasons I enumerated). Whether the timing of my reading of that statement about the Augur beta is coincidence to the timing of my post, is not my point.

Lol. I think CfB was pulling a Mark Twain on me.

He must have meant that it could be just a coincidence and that I didn't really read that article before making the post yesterday. Clever way of insinuating that I might not have been clairvoyant.

[TPTB_need_war]

stoat the ETH pumper spamming the Altcoin Discussion forum with numerous pointless/duplicate threads about ETH, using one of his purchased BCT accounts (Minecache).

Ethereum spending some of the $millions that fools are handing them in the P&D to buy front page exposure on Bitcoin prostitutionnews sites.

Ethereum's bucket of cash also gives it an edge

Microsoft has $billions and it hasn't stopped their decline into irrelevance and Android marches on with 80+% global marketshare and Windows Phone has <1%.

No amount of cash compensates for stupid focus and myopic direction, which is the precise description of Ethereum.

stoat how many newbie accounts do you control?

Venture capitalists drank the Dapp Koolaid.

Dapp Koolaid:

Re: Arcade City Uses Ethereum to Decentralize Taxi, Delivery and Roadside Assistance

http://allcoinsnews.com/2016/03/14/arcade-city-uses-ethereum-to-decentralize-taxi-delivery-and-roadside-assistance-services-and-launches-mobile-app/

There is no way for a smart contract to form an objective consensus about events that occur external to a block chain.

All voting is a power vacuum that fails due to the Iron Law of Political Economics.

This press release is bullshit with no adoption and is merely to sell more ETH tokens to fools.

Augur and Slock.it and 99% of the apps/contracts announced for Ethereum are so flawed they can never work.

Furthermore, ArcadeCity does not use ETH for payment. Cash, credit card, debit, and Paypal are accepted.

The Ethereum integration is primarily to sell tokens to drivers, i.e. a way to do public offering (let's hope they comply with SEC regulations):

Arcade City will use Ethereum to issue ‘crypto-equity’ to drivers, allowing them to own up to 100% of the company by 2020.

It has nothing to do with using Ethereum to enable some new technology that improves upon Uber. It is about governance and creating a copycoin P&D in the Uber space.

More information:

http://cointelegraph.com/news/arcade-city-decentralized-blockchain-based-answer-to-ubera

They could use a block chain for drivers to sign a record of the price they are offering, and for riders to sign records giving reviews of the drivers, i.e. a decentralized database that verifies the signers so that reputation can't be faked.

But reputation can be Sybil attacked, unless a resource must be consumed in order to establish a reputation.

Payments from riders to drivers on the block chain would not be a consumed resource, because drivers could pay themselves from fake rider accounts. Proof-of-stake does not consume a resource and thus it has attack vectors.

The solution is for riders to form a Web of Trust, where they trust friends and friends-of-friends and this reputation is the only reputation they trust.

But none of this needs atomic Smart Contracts. All we need is a way to sign hashes on the block chain and keep the data on DHT. Which is I think the correct design for a 2.0 block chain.

[Come-from-Beyond]

Lol. I think CfB was pulling a Mark Twain on me.

He must have meant that it could be just a coincidence and that I didn't really read that article before making the post yesterday. Clever way of insinuating that I might not have been clairvoyant.

You overestimate my abilities.

[TPTB_need_war]

Peertracks runs on the Bitshares block chain

No, it has it's own chain (BTS clone)

I mean it runs on the same insolubly flawed technology.

Also Bitshares is a highly centralized platform

What platform isn't?

Physical cash.

Cash can be canceled by governments though.

The internet is decentralized because of the End-to-End principle which makes the network redundant and fungible.

As for a decentralized currency where no one controls it, no one has invented this yet (well except maybe me, but I haven't implemented my design yet).

Monero might be quite decentralized due to its CPU-only hash function which hasn't yet been implemented on an ASIC.

Bitshares instant transactions aren't reliable, because there is only one designated confirmation node for each block period, so the performance of blocks can vary.

Poor performers get voted out, and are no longer permitted to form blocks. Only historically reliable block producers are allowed to mine.

Then it is not decentralized, permissionless. A permissionless system should be able to scale while still permitting slower nodes. In short, yeah you can guarantee anything with total control, but you also insure a power vacuum which is winner-take-all. It is an Iron Law of Political Economics.

But even your reply is technically ignorant, because the point I was making is that no one can guarantee that a node performs well 100% of the time. Nothing on the internet is perfectly reliable. The fault tolerance must be built into the system by allowing many nodes to confirm transactions simultaneously, not a synchronous queue as is Proof-of-Stake's idiotic design.

The Peertracks Note features is interesting. It might turn audiences in P&D targets though

Yes, if that particular artist wants to make his fans angry.

Some will pretend to be musicians and give the Peertracks a bad reputation.

It is also not clear if these are illegal unregistered securities under SEC law in the USA. I do know that in the case of airplane VIP memberships the Supreme Court ruled they were not subject to the Howey test. I will need to study that more.

Good point, I read that much of the ICO went to paying for lawyers.

I concluded they are illegal. The attorneys were idiots then.

Peertracks doesn't appear to do anything about enabling the unbanked to monetize music, which is one of my major goals.

Not sure what you mean, please explain.

I refuse to give my design away.

Peertracks is IMO too focused on just music. You are basically trying to turn the serious music fans into speculators. Yeah speculators here will think Notes are cool, but the actual music fans I think will perceive it to be a negative feature and an insult to love of music. You basically corrupt the musicians teaching then to do P&D instead of produce great music. Sigh.

Wrong business model.  "Notes" now called "MUSE" blockchain tokens are for speculators who pay for the decentralized mining network and stand to profit if the number of transactions (fees) increases to the point that more MUSE can be burned than are created on the blockchain.

Artists (not just musicians) make "coins" for their fans that can be redeemed for front row seats, back stage passes, limited edition swag, etc.

Just sell the band paraphernalia to the users. Don't obfuscate gambling and complicate a music distribution site so you can mix gambling with music.

[schlonged]

Hey TPTB, thanks for the valued feedback... let me see...

Peertracks runs on the Bitshares block chain

No, it has it's own chain (BTS clone)

I mean it runs on the same insolubly flawed technology.

Nothing's perfect, if it's good enough for Microsoft, then it's good enough for me.  Next..

Also Bitshares is a highly centralized platform

What platform isn't?

Physical cash.

Got pleanty of that, looking to diversify into crypto.  I should have said "What CRYPTO platform isn't."  Sorry sir, I'll try to be more precise next time I open my big mouth  

Bitshares instant transactions aren't reliable, because there is only one designated confirmation node for each block period, so the performance of blocks can vary.

Poor performers get voted out, and are no longer permitted to form blocks. Only historically reliable block producers are allowed to mine.

Then it is not decentralized, permissionless. A permissionless system should be able to scale while still permitting slower nodes. In short, yeah you can guarantee anything with total control, but you also insure a power vacuum which is winner-take-all. It is an Iron Law of Political Economics.

OK, so BitShares is decentralized (more than bitcoin and Ethereum), but it is not permissionless.  That's fine by me, let the winner take it all.  I'm a winner, and I want it all, and I will vote only for those miners who are winners with the ability to take it all, while simultaneously voting out slow nodes.  Competition, survival of the fittest,

Pure Unadulturated Laissez Faire Free Market Capitalism is what made this country great in the first place, and it's what I plan to re-instate to MAKE AMERICA GREAT AGAI!  Sorry, I can't resist a good grandstand.

Bottom line, is I am the owner, I am the shareholder, so only I should have the power and control over precisely who controls my property.  

"permissioned"?

yes exactly,

my permission

Peertracks

Just sell the band paraphernalia to the users. Don't obfuscate gambling and complicate a music distribution site so you can mix gambling with music.

Yeah, it is a bit complex.  It's also for managers who manage multiple bands, and have to distribute royalties.  It tracks who gets what so there can be no band break ups over who got paid more (because it's on the Satoshi certified transparent blockchain).  So yeah, it has some cool things for artists, fans, and managers.  Simple, it is not.  



Thanks again for confirming my selections, however, my main question to everyone when I started this thread has gone unanswered this whole time, and I finally found an answer that should have been obvious to you all by now:

I'm searching for the best of breed (large cap) crypto companies in each niche market.  

I only came up with 8 niche crypto business sectors.  Please let me know if I am overlooking any sectors.  

1.   the largest (biggest market cap) data storage company is Maidsafe
2.   the largest records database company is Factom
3.   the largest social networking company is Synereo
4.   the largest music monetization company is MUSE
5.   the largest public Turing complete computer is Ethereum
6.   the largest anonymity solution (omitting DASH) is BitShares
7.   the largest file swapping service company is Florincoin (The Alexandria Project)
8.   the largest domain name company is Namecoin

Are there any crypto business types or governance structures that I have not considered?

Thanks in advance

What prominent crypto business sector am I missing?




anyone?



anyone?




Bueller?




Could it be maybe the coin that has doubled in value over this past week and is currently one of the top volume coins on earth!!

Syscoin! (P2P ebay marketplace)

Come on guys, throw me a fricken bone here.  I'm trying to build large positions based on limited capital, and you guys would rather compare shoe sizes than make money?!

I had to stumble upon this phenomenon myself:

https://bitcointalk.org/index.php?topic=1380978.msg14044856#msg14044856

P2P ebay (physical marketplace), is a business sector that was not on my list.  OK, I'm done crying.  Yes, I should not expect anyone else to do my DD.  So then what other companies becides SYS has a decentralized P2P marketplace?

I know that SYS can't be any more "fatally flawed" than the $6 billion coin.  And how flawed could it really be since Microsoft already approved it?  Good enough for me.  But I'm just wondering what other eqally flawed (but acceptable to someone on the level of Microsoft) options there might be hidden in this sector.

All right guys, this is a lot of work, and I'm a little disappointed, but I'm still not giving up.  I've narrowed down the imperfect but acceptable portfolio to bitcoin, BitShares, Namecoin, Peertracks, and now possibly Syscoin (pending further investigation) using Microsoft acceptance as a benchmark.  I'll never stop doing my DD.  And of course, thanks in advance!

[TPTB_need_war]

Software is not a fungible money. Software is not purchased for expectations of gains.

Your logic is that buying a bicycle is not an investment security even though it can be resold. Then nothing is an investment security by your test. Rather the Howey test looks at the relevant economic facts and ignores any such attempt at obfuscation.

Are attorneys in Europe really this dumb    

I just needed your comment. I didn't expect that you would change your position nor anyone expected that.

The most hilarious part about these trolls is that they argue from a retroactive point of view. Laws are never retroactive. According to TPTB's "expert lawyer opinion" pokemon cards were really a security because they appreciated in value due to demand after they were sold as a card game. Genius.

Well, he is not an expert and has the right to be wrong. Of course, noone seriously believes that TPTB is better than Ethereum lawyers but if one conforms to TPTB's rules then the one conforms to all possible jurisdictions. So TPTB's opinion is useful to some degree.

CfB I did not change my position. Your disingenuous attempt to assert that I am waffling is a despicable obfuscation tactic.

If you read the entire thread, you will see I have explained in great detail with quotations from the relevant Supreme Court decisions, that the Supreme Court has clarified that the Howey test is employed to distinguish an investment security from other scenarios which are not investment securities.

The key aspect of the Howey test is whether the individuals who are purchasing what is offered, are expecting to gain on the resale value due to the ongoing efforts of some group other than themself. This means they've placed their trust in a group (an ongoing enterprise) that is responsible for their future gains.

It is quite clear that ever since your ICO, that the future value of Iota's tokens is dependent on iotatoken and Come-from-Beyond, for example all the development work you had to complete from the time you sold the tokens until now and still ongoing work required. As well, you arguing with me here in this thread, indicates that you are responsible for the promotion and forming public opinion which determines the value of Iota's tokens.

Also one of the other key factors is that money paid for these tokens was transferred to this group, which the investors are depending on for their expectation of gains.

Pokemon cards are not software, they are physical collectibles similar to baseball cards. The major reason for obtaining these cards was not for depending on the ongoing efforts of a group to promote and provide value for these cards. To the extent these cards have risen in value, it is because of the inherent value of the cards when they were created, not due to any reliance on ongoing efforts of promoters and developers to raise their value over time.

Pokemon card values are a user-driven phenomenon. Iota token values are an iotatoken and Come-from-Beyond driven phenomenon (and the various early investors who also pump your tokens here in this forum and rave about Come-from-Beyond's reputation of creating Nxt). The users are depending on your development group to implement and monitor the coin ongoing. Heck your company is even providing centralized servers which are essential to the launch phase which will make or break the value of the tokens.

The USA Supreme Court has specifically stated it will ignore all such obfuscations and focus on the economic facts, which is whether the investors were depending on the actions of the sellers of the securities for the expectation of the gains on the value of the securities. The Supreme Court will also look as to whether the primary reason for obtaining the tokens was for an expectation of the gains, and not primarily for the use value of trading the tokens as a currency for some game or services.

None of the investors of Iota are using them to trade for services or in a game. They are HODLing them in expectation of selling them for an investment gain to greater fools, and they help to promote the tokens on these forums thus displaying their intentions and expectations.

If you two insist of writing stupid shit which exemplifies that you have not even read this thread entirely, and thus do not understand the Howey test, then you are being disingenuous and trying to fool your investors. Which is another fact to add to your culpability under the Howey test and USA securities law.

And yes I think Ethereum's lawyers are dumb shit. And btw, my father is very prominent attorney who has been a general counsel and run the entire west coast division for the world's largest oil company. I have not only inherited his IQ, but I also was exposed to numerous legal briefs and discussions with him over my teenage years which thus an imbued in me the ability to understand key salient points of the court's legal decisions.

I see many attorneys making some egregious mistakes with their comments about crypto currency within the context of the USA's Howey test. I have provided those refutations and clarifications upthread.

The Howey test is very simple. A security means the investor places his surety and trust in a ongoing enterprise to provide his expectation of gains. When buying a bicycle which I resell in the future, I don't depend on the efforts of some ongoing enterprise for the expectation for gains in the value of the bicycle. When I buy software which I resell one day, I don't buy the software to expect gains on the value of the software but rather I buy it primarily to use it. Duh! The SEC regulates these ongoing enterprises so they provide proper disclosures or that they limit their offerings to qualified investors who have at least $1 million in liquid net worth or who have proven they are sophisticated investors who understand well all the technologies and risks involved. Obviously from the dumb comments that speculators make on these forums, they are not all sophisticated. And I understand you did not check to make sure all participants in your ICO (that are USA citizens) had a liquid networth of $1 million.

[TPTB_need_war]

Nothing's perfect, if it's good enough for Microsoft, then it's good enough for me.  Next..

Microsoft has a horrible reputation of producing inferior technology.

Windows Phone has 1% market share. Microsoft is dying in the age of open source.

Also Bitshares is a highly centralized platform

What platform isn't?

Physical cash.

Got pleanty of that, looking to diversify into crypto.  I should have said "What CRYPTO platform isn't."

You disingenuously quoted me out-of-context. I wrote Monero is probably more decentralized because its CPU hash doesn't yet have an ASIC.

OK, so BitShares is decentralized (more than bitcoin

Hell no!

Apparently you did not understand what I wrote about Proof-of-stake requires that only one node can confirm all transactions for its block. No other node can compete with that designated node.

As for governance, clearly Proof-of-stake is most centralized design possible.

[Come-from-Beyond]

CfB I did not change my position...

You may be right or wrong. In any case it doesn't make sense to argue on that.

[TPTB_need_war]

CfB I did not change my position...

You may be right or wrong. In any case it doesn't make sense to argue on that.

No. You should explain why you thought I changed my position. So readers can decide if your logic makes any sense.

I suspect that you thought that because I wrote "Software is not a fungible money" that I had changed my position. That phrase was a terse response to iotatoken's point that Iota tokens are only software. Actually that phrase taken out-of-context would be incorrect, because Bitcoin is software and is fungible. The salient distinction as I clarified in my long post just a few moments ago, is that no one is depending on the control exerted by a group that sold us the Bitcoins for the expectation of gains in the value of Bitcoin. That is why Bitcoin is not an investment SECURITY. It is an investment or speculation, but not a SECURITY, because no one is depending on the efforts of an ongoing enterprise for the expectation of gains.

[Come-from-Beyond]

CfB I did not change my position...

You may be right or wrong. In any case it doesn't make sense to argue on that.

No. You should explain why you thought I changed my position. So readers can decide if your logic makes any sense.

I suspect that you thought that because I wrote "Software is not a fungible money" that I had changed my position. That phrase was a terse response to iotatoken's point that Iota tokens are only software. Actually that phrase taken out-of-context would be incorrect, because Bitcoin is software and is fungible. The salient distinction as I clarified in my long post just a few moments ago, is that no one is depending on the control exerted by a group that sold us the Bitcoins for the expectation of gains in the value of Bitcoin. That is why Bitcoin is not an investment SECURITY. It is an investment or speculation, but not a SECURITY, because no one is depending on the efforts of an ongoing enterprise for the expectation of gains.

I'll answer in the main thread, no time on duplication of posts.

[jibble]

TPTB

Sorry if this is an annoying question that may have been answered in a previous post but could i get a detailed example of a sybil attack on the maidsafe network, like what exactly would someone do. Like i know how and what a sybil attack is but the safenetwork has been specifically planned to not be attack proof but make it survive and more resilient to attack with the logic that no system will be attack proof but making it mathematically improbable to be able to attack it to such a degree as to cause any real damage.

The favorite way they would explain this would likely be : a ant colony , killing a few ants doesn't do much damage to the entire colony and recovers quickly , trying to destroy the whole colony would be extremely expensive and  costly and would require more resources than the network has , so a small network would be easier perhaps to successfully attack but the larger the network the hard it is .

It's not a blockchain so not the same as the other decentralized storage coins.

To be able to make any bad decisions within one of the groups of nodes you would require control of 28 out of 32 nodes to control that group of nodes decisions , which would be 87.5% of the new nodes being created just to stand a chance to hopefully, randomly getting control of a single group of nodes, even then that groups nodes would still need confirmation of another close group of nodes, which would be even harder to gain control of, because if you are in the example creating 87.5% of new nodes as an attack to try and randomly end up with control over 28 nodes in a random group of nodes, you would then need to somehow have the first group of nodes close in XOR space to the second else they wouldn't confirm the decisions off of each other, meaning you might need to somehow take control of 10 groups of nodes before you have 2 that are close enough to each other to validate what you want to do

The same for data , your nodes in your group and in a secondary group would need to confirm your delivery of data that you delivered in order to reward you , if they find out you are not delivering, downgrade reputation and perhaps kick you from the group, so even when pretending to deliver data instead of actually delivering it would require control of 87.5% of at least 2 groups of nodes, that are assigned in XOR space completely randomly.  

[TPTB_need_war]

Sorry if this is an annoying question that may have been answered in a previous post but could i get a detailed example of a sybil attack on the maidsafe network, like what exactly would someone do.

https://bitcointalk.org/index.php?topic=1393560.msg14167046#msg14167046

https://bitcointalk.org/index.php?topic=1393703.msg14158348#msg14158348

https://bitcointalk.org/index.php?topic=1393703.msg14166341#msg14166341

[TPTB_need_war]

https://bitcointalk.org/index.php?topic=1393560.msg14167046#msg14167046

https://bitcointalk.org/index.php?topic=1393703.msg14158348#msg14158348

https://bitcointalk.org/index.php?topic=1393703.msg14158348#msg14158348

Glitch in the Matrix.

https://bitcointalk.org/index.php?topic=1393703.msg14166341#msg14166341

[TPTB_need_war]

An altruistic altcoin will win:

James Paterson, the youngest senator ever to be elected in Australia at 28-years-old, has boldly stated, “I’m not here for personal power and advancement.” He is a member of the Liberal Party and says he is there to pursue “radical reforms,” which include throwing out the national curriculum in schools, for they are indeed pointless, and reimposing a debt ceiling. He also wants to get rid of the “official” talking points used by politicians and embrace what he calls respect for the voters’ intelligence by speaking plainly.

Perhaps the 51.6-year cycle of the Economic Confidence Model is indeed what some call the third generational shift. The hippie generation of the Clinton era simply laid down their marijuana and lined their pockets as did the generation of politicians before them. They even took the corruption to new heights. Historically, it is the third generation that gets fed up with the last two and turns it all upside down. Perhaps this is just time.

[TPTB_need_war]

This coin has a 15 second conf time bitocin is 600... just that alone their is a 40x increase in network capacity

Hey technological idiot. Please stop writing about things you do not understand. Because some n00bs might believe you.

Decreasing the block period, does nothing to decrease the propagation delay for any particular block size. Since the orphan rate is function of both propagation delay and block period, it is wash in terms of one must use smaller block sizes at lower block periods, in order to have the same resistance to centralization of mining (due to the economies-of-scale around winning your own blocks more often, thus avoiding the lost hashrate on orphans and waiting for propagation).

[TPTB_need_war]

4.   the largest music monetization company is MUSE

What the fuck is that?

Okay this is Peertracks and apparently the Bitshares asset is MUSE.

Turn [it] Down For What?

Just Let it Go

Best viewed with:

https://www.youtube.com/watch?v=yCcrggG8u_8#t=85
https://www.youtube.com/watch?v=hTcL2Lg0RcU#t=33

[d57heinz]

well i like how you posted what you said in your thread but not what i had to say.. Thats funny.. what are your intentions.. What are your views of the system of money in general.. How is it that those that hold over 1 btc when their is over 7 billiion people any different than the system we were supposed to get away from.> Looks to me btc is going to be a safe haven only for the rich when the current system inevitably implodes..  for those of you wondering where this guy is getting his info from.. how about you list the sources.. And hey try not to look so butthurt that eth took over the stagnant btc or the "lite" version of btc...   Drag your feet and bitch and moan about dick sizes.. oops i mean block sizes and  watch these that think they are entitled to btc drive it right into the dirt..  

https://bitcointalk.org/index.php?topic=1394842.msg14239189#msg14239189

good luck with your thread..which is nothing more than hot air.. Maybe you should try contributing to your precious btc so that it doesn't fail..  

EDIT.  wheres the option for all of the above.. this poll is biased!  in all these coins someone stands to gain at the expense of others loss.  So does that qualify as a scam???

[TPTB_need_war]

My prior analysis of Synereo is linked from the following thread:

https://bitcointalk.org/index.php?topic=1361721.0

One excerpt:

Now that I have basically digested the Synereo white paper (not all the math formalisms are understood in minute detail which will require some more time for study, but I get the overall concept), I want to write down some of my thoughts about Synereo's design and in the context of how I am thinking about priorities for any major paradigmatic shift in social networks.

1. Per the post upthread where I elaborated, I do not think the attention model of a social network can be tied to Synereo's crypto currency AMPs, nor should it, nor will that be compatible with allowing each user to choose their own attention model. There may be a use for crypto currency in social networking but it is not to hard code an attention model for what is supposed to be an individual user choice paradigm for a social network. I suppose instead Synereo could offer their attention model as one of the variants users can choose, but I think it will be a failure for the reasons I stated upthread. I think we will need free market competition between attention models in order to find out what works well and what doesn't. Also I think this means we can't assume nodes obey some global process calculus.

2. Users will not run a social network hosted from their own decentralized home computers ephemerally connected by asymmetric bandwidth ISPs as is the initial planned focus on Synereo. Fugetaboutit. They will signup quickly (and/or download the mobile app) just like Facebook or any other mainstream social network. Thus they will have their data and nodes hosted and thus just fugetaboutit this nonsense about censorship resistance in the white paper, except perhaps in terms of encrypted sharing (but later the government will demand a global decryption key as they have for streaming encrypted voice and video communications in the USA, Uk and rest of the 5 Eyes countries). See my prior post upthread for where I think this political-economic battle over private rights is headed.

3. ...

[TPTB_need_war]

Rimbit

premined 100%

Perfect name for the perfect scam.

http://www.urbandictionary.com/define.php?term=rim-licker

[TPTB_need_war]

I added Rimbit to the poll. The poll already has 141 votes, so the relative Rimbit percentage must be rebased accordingly (especially since voters can't change their prior votes unless I reset vote count to 0).

Please consider adding Marcelo Karlsson. He has scammed $150,000+ from potential Bitcoin investors by lying about Rimbit versus Bitcoin+other CCs, lying about his intentions+plans for Rimbit, and selling illegal and prohibited Perks on Indiegogo.

INDIEGOGO - The best place to get your Rimbit - Get it now while it's easily affordable - Your Choice - Click Here

I have reported to Indiegogo your illegal selling of investments as Perks.

You are violating their policies as well ostensibly selling illegal unregistered investment securities to USA investors.

Indiegogo has replied:

Hi there,

Thank you for sharing your concern with us. At this time, the campaign is under review to ensure that it adheres to our Terms of Use (http://www.indiegogo.com/about/terms). We will follow up with you if we have any further questions.

So what happens now? We will include the information you have provided along with all other information at our disposal in our review of the campaign. In some cases, we will contact the campaign owner to have them edit their campaign and it will remain on our platform. If the project doesn't follow our rules, we may remove the campaign. We may also restrict the campaign owner's future activities on Indiegogo.

To protect our users' privacy, we're unable to share the action we take. At Indiegogo, we take the trust and safety of our community very seriously, and we greatly appreciate your patience and understanding throughout this review process. To learn more about Indiegogo’s Trust & Safety effort, please visit: www.indiegogo.com/trust

Please note that you do not need to contact us again. Doing so would create a new ticket and prolong the process. Thank you again for taking the time to get in touch with us and for helping to keep Indiegogo a safe and secure platform.

I replied in email:

In addition to numerous instances in the comments and write up on the Indiegogo campaign of Rimbit promoting the future rise in value of the Rimbit tokens it is selling on Indiegogo, there is also this additional evidence on Bitcointalk.org (the prominent crypto currency speculation forum):

https://bitcointalk.org/index.php?topic=1417914.msg14373357#msg14373357

Rimbit is clearly in violation:

Prohibited Perks

Campaign Owners are not permitted to offer or provide any of the following as a Perk:

• any form of "security" (as such term is defined in the Securities Act of 1933);
• any form of financial incentive or participation in any profit sharing;

Also Rimbit lies on its Indiegogo page:

We took our Inspiration from Apple!

Rimbit does exactly the same things as Bitcoin, but in such a way that it has removed all the complication, industrialization and centralization

We removed all the junk associated with Bitcoin

As Bitcoin is now starting to fail due to mining, will you have Rimbit, the most logical Champion to Bitcoin that has been built to last forever.

It is the only currency that has a future that can be passed down through Generations!

Bitcoin gained in value over the years, can Rimbit do the same?

Bitcoin went from nothing to over $300 plus [...]

The same can be said about Rimbit, so all it takes to make Rimbit soar, is for everyone to promote Rimbit around the world. The more people doing that, the quicker it will grow and the higher value it will get.

For example, Etherium has skyrocketed to $13 in a year and that is all due to its community getting behind the coin.

The answer is again a matter of being Simple.

We want to keep all of Rimbit out of Corporate hands, so we dont end up like Bitcoin.

Compare what Rimbit writes here in this forum:

We are now discussing getting some Corporate Investors to take Rimbit to the next level.

Some of the features Rimbit does have are:

• Premine - No guessing the future as all coins are available for the consumer

First option was to give it away.
This did nothing for the value, nor did it help develop the coin, even though we do admire people working to create free software, but also knowing these people have bills to pay

The second option was to premine 100%, an option that we didnt want to do, due to public opinion, but we did want to do, because it solved many issues surrounding crypto.
We could pay for developers, staff and services needed to run a coin
We could setup a system that when the community started to increase in numbers, that the community could start taking over the daily operation of Rimbit and get paid to do it as we slowly started taking a backseat to the community, thereby moving it from full centralization to a community group managed decentralized coin.

[...]

We dont believe we need any whizzbang features, because Rimbit is built just to be a simple currency

But, as we decided to take the big chance of going against everything Crypto by doing what we did, We knew that there would be an inherent dislike

[...]

Rimbit's shareholders are its members

Not to mention they are lying about being the first to sell an ICO, do proof-of-stake, and to use stake to do governance voting. Bitshares and Nxt already do this.

I caught Rimbit changing the title of their Indiegogo campaign, ostensibly to hide the fact they were just scamming on the jealousy emotions of speculators:

This is Google's cache of https://www.indiegogo.com/projects/we-are-the-future-for-crypto-currency. It is a snapshot of the page as it appeared on 3 Feb 2016 12:57:45 GMT.

Missed out on Bitcoin - Here is your Second Chance

The current campaign title is:

Revolutionary and Established Digital Currency

[TPTB_need_war]

Those who purchased Rimbit via Indiegogo should be demanding a refund from their credit card company now, because the campaign violated Indiegogo's Terms of Service on Prohibited Perks, thus the tokens will now be scorned and worthless.

This $151,806 loss for Indiegogo and huge number of chargebacks jeopardizing their merchant account relationship with the credit card companies, will hopefully incentivize Indiegogo to take legal action against Marcelo Karlsson. Hopefully they will also report him to the SEC so they can hopefully begin an investigation into the investments scams in crypto currency.

I have an inkling this smallish scam may be the one that ignites the fire that brings down the entire ICO altcoin ecosystem.

Edit: the SEC has recently warned about those who are getting involved in these crypto-currency scams and I hope Indiegogo takes the SEC warning seriously.

[TPTB_need_war]

The irrefutable logic that Dash is a scam:

https://bitcointalk.org/index.php?topic=999886.msg14393865#msg14393865

Also:

Days let's posit that your point about slow development of Monero had some validity (really I don't dig into Monero source code so I don't know), I have some reactions:

1. Could you please go post that in a thread about Monero, not in the Dash thread. Motivation/motive of Monero supporters (and myself who does not own a Moneroj) is not a factual answer to concerns about Dash.

2. The concern we've expressed about the Dash distribution is that it unfairly skews the control over the float and the profit from the coin to a smaller group. If you are implying this corrupt financial structure enables Dash to have more funds to develop their coin faster, my reaction is the technology of Dash isn't even at the level of a high school junior programmer. Don't forget I found a high school level probability math error in the InstantX white paper a year after it was released. Who the hell is doing your peer review? The anonymity is not end-to-end principled (a foundational principle of correct network protocol design), is horrendously slow, is not autonomous, and the masternodes could violate anonymity of users.

[tobeaj2mer01]

I want to say something regarding GadgetCoin and IOTA, I follow them from the very beginning, guys behind these two projects are very talented and skilled, these two projects are very potential,  it's not necessary to argue on which one is better, time will prove it, client release will prove it and  market will prove it, if the guys can cooperate with each, it's the best thing,win-win is real win.

[TPTB_need_war]

I want to say something regarding GadgetCoin and IOTA, I follow them from the very beginning, guys behind these two projects are very talented and skilled, these two projects are very potential,  it's not necessary to argue on which one is better, time will prove it, client release will prove it and  market will prove it, if the guys can cooperate with each, it's the best thing,win-win is real win.

Facts to back your opinion?

I analyzed the technology of Iota in reasonable detail and came to a different conclusion.

[TPTB_need_war]

I was thinking synereo was possibly meant

Same answer though. I don't even really know what that is, beyond some vague thing about social media. No idea how it was launched, what it does, etc. Never looked at it.

A competing social network for maskcoin or jambox or w/e hes calling it now. Hes trying to imply that you and Shelby intentionally gang on together on things maybe?

I dont know, but it seems like you broke the fella so i guess we probably wont know

I've read most of the 50+ page Synereo white paper, expended several hours viewing some of their YouTube Hangouts, done some limited discussion with their founding developer (username here Elokane), and posted in every recent Synereo thread in Altcoin Discussion.

Synereo was launched as a vaporware ICO and the math whiz on the project is Greg Meredith who is into process calculus research and was one of key persons apparently on Microsoft's BizTalk design. Greg is into using Scala and also is collaborating on the math modeling of Ethereum's upcoming, promised Casper design (which btw several of us, excluding smooth, have criticized in the Ethereum Paradox thread for its fundamental insoluble flaws).

I have pointed out that there are numerous P2P (aka distributed) social networking projects, so the idea of Synereo being the first and able to sweep the world, is very slim, especially they have no compelling features afaics. Thus I have criticized them for preselling tokens ("AMPS") with no adoption and on hype. Their major claim as an innovative feature is an "Attention Model" which is composed of reputation ("Reo") and a counter-vailing force of being able to pay to override reputation with the AMPS tokens. In other words, they aim to make the content that the users share more relevant. I had pointed out that the Reo needs to be fine-grained on for example #hashtags, and Elokane indicated that although that is not in the white paper they are implementing something like that, yet there is no holistic public specification afaik. They are claiming to be very close to beta, but I've pointed out that doesn't mean they are any where near adoption. I have also pointed out that Facebook users don't seem to have major complaints about the relevance of shared content on feeds, thus I doubt anyone will adopt Synereo (because their friends won't be there and much less content sharing and other chicken and egg dilemmas).

Also I have pointed out that the economics of advertising is the most someone could expect to earn by being paid to share (the AMPs model) is perhaps about $1 (in developing world) to $10 (first-world) per day and probably not that much. It simply isn't worth anyone's time. People don't join social networks to be paid some palty income. They join for other more important reasons. Thus I've argued the economic model for the AMPS is fundamentally flawed.

Thus I have argued they are preselling shit which no market.

Also I don't really understand the process calculus well enough to know if it is technobabble bullshit or not, but it sure looks like it to me. It looks like ivory tower shit that has no real implications in the real world. What did BizTalk do that was relevant? I did a Google search and it seems basically no one used it? Excuse me for being skeptical but the selling of ICOs is becoming too lucrative and attractive for every Joe who has some technobabble to make n00bs drool.

Smooth is not involved in my JAMBOX project at all. I occasionally trade ideas with him about technology. My JAMBOX project will when it is crowdsourced (not for tokens just for Tshirts!) will explain that it targets compelling features and economics. I have not yet announced that, because for one thing is that at the moment I am working on potentially creating a new programming language based on top of Rust, or perhaps contributing to Rust. Because JAMBOX is based on the concept of empowering mobile apps, and so I need to be sure the language we are using is the best in severals ways one of which is JIT compilation.

I don't hate Synereo's people. I just wish they hadn't done a vaporware ICO, both for the legal reasons of selling unregistered investment securities to non-accredited USA investors apparently in violation of securities law as provided for by the Supreme Court's Howey test and simply because it is the antithesis of the objective ethics (i.e. no zero-sum games) of meritocratic software development to sell vaporware.

[hmachado]

Nice topic you got here TPTB.

Any thoughts on Lisk?

[TPTB_need_war]

Nice topic you got here TPTB.

Any thoughts on Lisk?

I have made a decision not to investigate any new coin projects, because then I would feel compelled to release my findings, which would mire me in more time wasting defenses against trolling and ad hominem attacks.

But you can probably safely assume it is another shitcoin in the mold of Ethereum. But I really don't want to enter more of these battles. I am trying to get my own software development and startup work moving at a faster pace.

[LiQio]

Nice topic you got here TPTB.

Any thoughts on Lisk?

I have made a decision not to investigate any new coin projects, because then I would feel compelled to release my findings, which would mire me in more time wasting defenses against trolling and ad hominem attacks.

But you can probably safely assume it is another shitcoin in the mold of Ethereum. But I really don't want to enter more of these battles. I am trying to get my own software development and startup work moving at a faster pace.

"probably safely assume" - based on hearsay and gut feeling?
Man, I don't know about LISK and really don't care, but it's sad to see when "scientists" become common trolls.

[TPTB_need_war]

Nice topic you got here TPTB.

Any thoughts on Lisk?

I have made a decision not to investigate any new coin projects, because then I would feel compelled to release my findings, which would mire me in more time wasting defenses against trolling and ad hominem attacks.

But you can probably safely assume it is another shitcoin in the mold of Ethereum. But I really don't want to enter more of these battles. I am trying to get my own software development and startup work moving at a faster pace.

"probably safely assume" - based on hearsay and gut feeling?
Man, I don't know about LISK and really don't care, but it's sad to see when "scientists" become common trolls.

Exactly why I don't investigate Lisk because then I am going to be attacked. Btw, smart contracts basically have no use cases that can actually work and sustain a decentralized Nash equilibrium (because block chains can only do that with data internal to the block chain, not external data). So I don't have to investigate to make a reasonable guess. And I did state it was a guess. I didn't state it was fact.

[LiQio]

Nice topic you got here TPTB.

Any thoughts on Lisk?

I have made a decision not to investigate any new coin projects, because then I would feel compelled to release my findings, which would mire me in more time wasting defenses against trolling and ad hominem attacks.

But you can probably safely assume it is another shitcoin in the mold of Ethereum. But I really don't want to enter more of these battles. I am trying to get my own software development and startup work moving at a faster pace.

"probably safely assume" - based on hearsay and gut feeling?
Man, I don't know about LISK and really don't care, but it's sad to see when "scientists" become common trolls.

Exactly why I don't investigate Lisk because then I am going to be attacked. Btw, smart contracts basically have no use cases that can actually work and sustain a decentralized Nash equilibrium (because block chains can only do that with data internal to the block chain, not external data). So I don't have to investigate to make a reasonable guess. And I did state it was a guess. I didn't state it was fact.

Enlightening.

[TPTB_need_war]

Synereo scam:

Btw, Synereo is releasing its beta any day now.  Take a look at these guys -> https://www.youtube.com/watch?v=iALtgkpIDRU  They're going to dominate this space.

Lol, yes these dorks are going to dominate by requiring bloggers to learn Github. 

Then @ 26mins we have Greg Meredith raving about recruiting an economist and hiring a former Ethereum developer who talks about Oleg's monad blogs. As if this focus on eggheads has anything to do with wide-scale adoption of a social network.

At @30min, Greg admits that the "Lively Gig" team has stated, "Synereo doesn't know what they are doing".

At @38min, Greg points out that there is an insoluble problem in that the value of AMPs will be siphoned off to ETH or BTC units. And he admits Synereo can't scale for 18 months, because current block chain model won't scale and will need to be replaced.

[BitcoinNational]

"Ignorant bullshit."  -- TPTB_need_war and his take on ICOs

POWs at least require the cost of mining to determine a value.
ICOs can work (honest project managers required) but they are nothing but I.O.Us based on speculation of the value of the a projects potential.
The tokens themselves we created at near nill cost.

[TPTB_need_war]

"Ignorant bullshit."  -- TPTB_need_war and his take on ICOs

POWs at least require the cost of mining to determine a value.
ICOs can work (honest project managers required) but they are nothing but I.O.Us based on speculation of the value of the a projects potential.
The tokens themselves we created at near nill cost.

He has a lot of reading to do in various threads before he will understand. I don't have time to resummarize it all here for him now.

[TPTB_need_war]

Bitcoin is the reserve currency of gambling:

Re: [POLL] Should Alternative Currencies Have Their Own Forum Section ?

Although philosophically I'd like to vote "yes", I voted "no" because the reality is the scams are the BTC economy:

Any way, I'd like to not see altcoins dominated only by get quick rich and not some serious attempts to fix Bitcoin's flaws and create a large adoption market. But the more I think about this, the more I realize if that ever happens it will be largely outside of this forum. This forum is a gambler's paradise. I need to remind myself that I we here are in an enclave.

At the moment, they don't really have any competition or at least any that markets their services very well.

Potentially another manipulated market such as the argument about Mt.Gox bubble upthread. We could be witnessing a cashing out from recent altcoin bubbles while buying from himself to create the illusion of a rising price while doing so as they ostensibly did for the ETH bubble, e.g. Vitalik using Coinbase to cash out from ETH -> BTC -> USD.

Free markets = decentralized markets.

When you have whales and most volume going through 1 or 2 exchanges, you don't have decentralized markets.

Nobody invests into BTC or mining equipment anymore. When did you bought ASICs valued 10.000 USD last time? Aren't those USD you now use to buy BTC just been taken from former BTC sales?

Bitcoin cannot do without Alts, both built up a complete whole economy. Remember people are not buying/selling anything using BTC, they just gamble on Alts. Basically I do agree on BTC up causing Alts going down and vice verse. Enclosed system like two water tanks with a flexible tube connecting them.

I agree the two go hand in hand. Since alt coins are really the biggest thing you can purchase with BTC, ...

This is true. Most people don't want to trade their BTC for a non-CC asset, because this their gambling money. They can't buy mining equipment with BTC to increase their holdings of crypto-currency. This is why ICOs have become more popular than mined distribution, with the ASIC resistant Monero as an exception.

ASICs killed the mining ecosystem. This has been r0ach's point, that if the coins don't circulate, then the ecosystem dies. Bitcoin is dying. Only the altcoin circulation kept Bitcoin alive.

Re: Bitcoin is the reserve currency of gambling?

Does gambling industry require a reserve currency in the first place ?

Gambling industry requires a currency that's wild and free. Like Bitcoin

Evidence the explosive growth of ShapeShift.io:

Since its inception in the Spring of 2014, ShapeShift has been an evolving creature. What began as a quick experimental way to swap between Bitcoin and Litecoin grew into an advanced engine for the effortless exchange of all major blockchain assets, each one into the other, with no user friction. No user accounts. No signup process. It is the Google Translate of cryptocurrency.

And we’ve always been playing catch-up. Trying to build at the speed of this industry, not only along the vertical of Bitcoin proper, but along the breadth of all crypto, is a challenge.

Last Fall, we realized the “minimum viable product” server architecture established originally for ShapeShift was insufficient. We needed a professional to join the small team, and craft a scalable, and secure, server apparatus upon which our technology could grow.

[...]

In the first quarter of this year, as the market discovered what we already knew – that our world will be one of many blockchain assets each needing liquidity with the other – exchange volumes surged at ShapeShift. Ethereum was on the rise, specifically. Our infrastructure was not ready for the pace of growth. It was like riding a bicycle upon which jet engines suddenly appear full-thrust.

More details at this interview:

https://bitcointalk.org/index.php?topic=1447019.0

Re: Bitcoin is the reserve currency of gambling?

Evidence the explosive growth of ShapeShift.io that the gambling is primarily for altcoin gambling:

Replies from others are emphasizing the use of BTC for gambling, but the keyword in my subject title is "reserve".

My point is that BTC is the unit-of-account by which everyone measures their gambling success, not fiat.

When someone gambles on an altcoin "investment" (speculation), they are hoping to get more BTC. They don't cash it out to fiat, they HODLit to gamble some more altcoin "investments". Even if you include gambling sites that accept Bitcoin, the gambler is likely HODLing their BTC gains (if any) and not cashing out to fiat.

[hmachado]

Bitcoin is the reserve currency of gambling

Nice read TPTB, thanks for posting.

[ProfessionalGoogler]

For this thread, a scam coin is defined to be one where the insiders have hyped features which can not work as described or features which do not exist and profited on selling coins (tokens) to the market. Scam coins do not have actual usership and do nothing to help the crypto currency ecosystem grow because they are just mining the speculators and preselling hype. Having no usership is not by itself an indicator of a scam coin, for as long as there is sincere effort and realistic plans to achieve user adoption and network effects (but a year after selling $18 million in tokens for vaporware and still having only ~0 users is a strong indicator of scam), and not just predominately selling hype for insiders to sell tokens to mine the speculators. In other words, a scam coin is just using hype (and not actual technical achievements that have been well vetted by substantial and non-biased expert peer review) to pretend to be about real adoption and really just exists to create and sell tokens.

By this logic, Bitcoin is a scam coin. (but no I don't believe BTC is)

[noobtrader]

scam dev is when dev keep hyping about his ability and promise about the next big coin he is about to make and he never did make one. nevertheless he still able to badmouthing other coin project which already delivering product.

shame on you scam dev, shame on you....

[generalizethis]

scam dev is when dev keep hyping about his ability and promise about the next big coin he is about to make and he never did make one. nevertheless he still able to badmouthing other coin project which already delivering product.

shame on you scam dev, shame on you....

That would be a sham dev, not a scam dev. Can't really scam anyone unless products and/or money are exchanged.

If someone sells me a Justin Beiber CD and tells me it's Death Metal, then they scammed me. If Justin Beiber tells me he's playing guitar for a Death Metal band, then he's a sham, or phony, or liar--but he'd need to sell me tickets to his pop concert or to a Metal show that doesn't exist for it to be a scam.

Do you see the difference?

As for your not-so-subtle attack on TPTB_need_war, he's working on something, has proved that he excels at analyzing complex systems, and has a deeper than most here understanding of math, so some of his bravado is warranted, though whether he finishes his current project or how much of an impact it makes remains to be seen. But given you've kept to your noob namesake and have perpetually backed a poorly built coin, you are hardly in a position to judge, unless you aren't a noob trader and are actually a long standing troll with a long standing agenda of criticizing anyone who criticizes the alt project you are backing--then you'd be the sham, and the equivalent of a bad actor prating on the stage with the same tired lines and 2-dimensial character development.

[noobtrader]

scam dev is when dev keep hyping about his ability and promise about the next big coin he is about to make and he never did make one. nevertheless he still able to badmouthing other coin project which already delivering product.

shame on you scam dev, shame on you....

That would be a sham dev, not a scam dev. Can't really scam anyone unless products and/or money are exchanged.

If someone sells me a Justin Beiber CD and tells me it's Death Metal, then they scammed me. If Justin Beiber tells me he's playing guitar for a Death Metal band, then he's a sham, or phony, or liar--but he'd need to sell me tickets to his pop concert or to a Metal show that doesn't exist for it to be a scam.

Do you see the difference?

As for your not-so-subtle attack on TPTB_need_war, he's working on something, has proved that he excels at analyzing complex systems, and has a deeper than most here understanding of math, so some of his bravado is warranted, though whether he finishes his current project or how much of an impact it makes remains to be seen. But given you've kept to your noob namesake and have perpetually backed a poorly built coin, you are hardly in a position to judge, unless you aren't a noob trader and are actually a long standing troll with a long standing agenda of criticizing anyone who criticizes the alt project you are backing--then you'd be the sham, and the equivalent of a bad actor prating on the stage with the same tired lines and 2-dimensial character development.

quite a bad analogy considering that justin beiber did not fud on death metal music.
say... if  u claim that  u were justin beiber and  u also claim that metal death music are product of satan. what would that be  

[generalizethis]

scam dev is when dev keep hyping about his ability and promise about the next big coin he is about to make and he never did make one. nevertheless he still able to badmouthing other coin project which already delivering product.

shame on you scam dev, shame on you....

That would be a sham dev, not a scam dev. Can't really scam anyone unless products and/or money are exchanged.

If someone sells me a Justin Beiber CD and tells me it's Death Metal, then they scammed me. If Justin Beiber tells me he's playing guitar for a Death Metal band, then he's a sham, or phony, or liar--but he'd need to sell me tickets to his pop concert or to a Metal show that doesn't exist for it to be a scam.

Do you see the difference?

As for your not-so-subtle attack on TPTB_need_war, he's working on something, has proved that he excels at analyzing complex systems, and has a deeper than most here understanding of math, so some of his bravado is warranted, though whether he finishes his current project or how much of an impact it makes remains to be seen. But given you've kept to your noob namesake and have perpetually backed a poorly built coin, you are hardly in a position to judge, unless you aren't a noob trader and are actually a long standing troll with a long standing agenda of criticizing anyone who criticizes the alt project you are backing--then you'd be the sham, and the equivalent of a bad actor prating on the stage with the same tired lines and 2-dimensial character development.

quite a bad analogy considering that justin beiber did not fud on death metal music.
say... if  u claim that  u were justin beiber and  u also claim that metal death music are product of satan. what would that be  

It's a great analogy considering it is only referencing the difference between scam and sham, which you seem to not get. I'm sure you have a problem with TPTB_need_war's appraisal of a certain shitcoin you defend, but calling it FUD, or calling its critics scammers, doesn't remove the criticism, it only distracts from it--so instead of wasting people's time with petty jokes and personal trolling, maybe find a technical basis for why the criticism is or isn't true. Though I doubt technical discussions are really your strength and the sideshow antics are the best you can do (and just a heads-up, this failure for technical merit by its defenders is probably why that coin is rated so high in scam polls).

[noobtrader]

scam dev is when dev keep hyping about his ability and promise about the next big coin he is about to make and he never did make one. nevertheless he still able to badmouthing other coin project which already delivering product.

shame on you scam dev, shame on you....

That would be a sham dev, not a scam dev. Can't really scam anyone unless products and/or money are exchanged.

If someone sells me a Justin Beiber CD and tells me it's Death Metal, then they scammed me. If Justin Beiber tells me he's playing guitar for a Death Metal band, then he's a sham, or phony, or liar--but he'd need to sell me tickets to his pop concert or to a Metal show that doesn't exist for it to be a scam.

Do you see the difference?

As for your not-so-subtle attack on TPTB_need_war, he's working on something, has proved that he excels at analyzing complex systems, and has a deeper than most here understanding of math, so some of his bravado is warranted, though whether he finishes his current project or how much of an impact it makes remains to be seen. But given you've kept to your noob namesake and have perpetually backed a poorly built coin, you are hardly in a position to judge, unless you aren't a noob trader and are actually a long standing troll with a long standing agenda of criticizing anyone who criticizes the alt project you are backing--then you'd be the sham, and the equivalent of a bad actor prating on the stage with the same tired lines and 2-dimensial character development.

quite a bad analogy considering that justin beiber did not fud on death metal music.
say... if  u claim that  u were justin beiber and  u also claim that metal death music are product of satan. what would that be  

It's a great analogy considering it is only referencing the difference between scam and sham, which you seem to not get. I'm sure you have a problem with TPTB_need_war's appraisal of a certain shitcoin you defend, but calling it FUD, or calling its critics scammers, doesn't remove the criticism, it only distracts from it--so instead of wasting people's time with petty jokes and personal trolling, maybe find a technical basis for why the criticism is or isn't true. Though I doubt technical discussions are really your strength and the sideshow antics are the best you can do (and just a heads-up, this failure for technical merit by its defenders is probably why that coin is rated so high in scam polls).

so..........

basically you were saying that TPTB is a sham...
 

BTW, Talk is cheap, here i  remind you of the challenge by Dash team to de-anonymize their tx  ::

weaksauce privacy wannabe coin

Tell me the source address of this transaction then if it's oh so weak:

Dash De-anonymization Contest

Icebreaker and other trolleros: I have donated $1 to Monero's development team. I sent 0.25 Dash (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000) to shapeshift.io, which converted it to Bitcoin and sent it to the official Monero donation address listed at https://getmonero.org/getting-started/donate/.

I challenge you to de-anonymize this transaction. To make it just a little easier, I only used four rounds of Darksend, so it's exponentially less private than it would be with the maximum eight rounds.

Please tell me what address this transaction originated from.

Cheers!

[generalizethis]

scam dev is when dev keep hyping about his ability and promise about the next big coin he is about to make and he never did make one. nevertheless he still able to badmouthing other coin project which already delivering product.

shame on you scam dev, shame on you....

That would be a sham dev, not a scam dev. Can't really scam anyone unless products and/or money are exchanged.

If someone sells me a Justin Beiber CD and tells me it's Death Metal, then they scammed me. If Justin Beiber tells me he's playing guitar for a Death Metal band, then he's a sham, or phony, or liar--but he'd need to sell me tickets to his pop concert or to a Metal show that doesn't exist for it to be a scam.

Do you see the difference?

As for your not-so-subtle attack on TPTB_need_war, he's working on something, has proved that he excels at analyzing complex systems, and has a deeper than most here understanding of math, so some of his bravado is warranted, though whether he finishes his current project or how much of an impact it makes remains to be seen. But given you've kept to your noob namesake and have perpetually backed a poorly built coin, you are hardly in a position to judge, unless you aren't a noob trader and are actually a long standing troll with a long standing agenda of criticizing anyone who criticizes the alt project you are backing--then you'd be the sham, and the equivalent of a bad actor prating on the stage with the same tired lines and 2-dimensial character development.

quite a bad analogy considering that justin beiber did not fud on death metal music.
say... if  u claim that  u were justin beiber and  u also claim that metal death music are product of satan. what would that be  

It's a great analogy considering it is only referencing the difference between scam and sham, which you seem to not get. I'm sure you have a problem with TPTB_need_war's appraisal of a certain shitcoin you defend, but calling it FUD, or calling its critics scammers, doesn't remove the criticism, it only distracts from it--so instead of wasting people's time with petty jokes and personal trolling, maybe find a technical basis for why the criticism is or isn't true. Though I doubt technical discussions are really your strength and the sideshow antics are the best you can do (and just a heads-up, this failure for technical merit by its defenders is probably why that coin is rated so high in scam polls).

so..........

basically you were saying that TPTB is a sham...
 

BTW, Talk is cheap, here i  remind you of the challenge by Dash team to de-anonymize their tx  ::

weaksauce privacy wannabe coin

Tell me the source address of this transaction then if it's oh so weak:

Dash De-anonymization Contest

Icebreaker and other trolleros: I have donated $1 to Monero's development team. I sent 0.25 Dash (TX ID: 59d51690d4b56ddbf1e393fa8d3a49bcfc3247f270f36be3b6ee411802666cba-000) to shapeshift.io, which converted it to Bitcoin and sent it to the official Monero donation address listed at https://getmonero.org/getting-started/donate/.

I challenge you to de-anonymize this transaction. To make it just a little easier, I only used four rounds of Darksend, so it's exponentially less private than it would be with the maximum eight rounds.

Please tell me what address this transaction originated from.

Cheers!

No, you have a problem with misreading, what I said was that your accusation is that TPTB_need_war is a sham, but you're incorrectly using the word scam as a stand-in.

Also, as far as breaking anonymity is concerned, this is a fallacy that I somewhat covered in this thread in #2:

https://bitcointalk.org/index.php?topic=1430839.0

BTW, Shadowcash was brazenly using this "prove it" argument until they weren't

[TPTB_need_war]

No, you have a problem with misreading, what I said was that your accusation is that TPTB_need_war is a sham, but you're incorrectly using the word scam as a stand-in.

Also, as far as breaking anonymity is concerned, this is a fallacy that I somewhat covered in this thread in #2:

https://bitcointalk.org/index.php?topic=1430839.0

BTW, Shadowcash was brazenly using this "prove it" argument until they weren't

And he can't even call me a sham, until he refutes my technical arguments, which the Dashtards gave up because they realized they couldn't.

And the "prove it" is scam methodology, when the masternodes are ostensibly (and mathematically obviously) monopolized by the instamine insiders  who have been receiving up to 50% per annum ROI on staking their instamined coins, and even the argument that they sold into the bubble as refuted by myself with basic market theory that says the majority buy the top and the insiders control the float so they have the information to know when to sell the top and buy the bottom because they control this.

We've refuted everything they say dozens and dozens of times. They just want to waste more of my time so I would be distracted from my coding. I must ignore them now.