your opinion if perfectly valid, the steem launch was a dud ... is that something smooth needs to take responsibility for?
yes absolutely cuz he called anyone who did something similar to be criminals, basically told them to gtfo
so he is absolutely guilty if he did the same. wouldnt be a very
smooth attitude.
~CfA~
DASH had scam elements beyond the stealth mine, and that's what I've seen smooth attacking them for
Stop with the arbitrary ethics. No one can define scam unambiguously. This is not church. Are you a Libertarian who believes people can be responsible for their own decisions or do you advocate a NannyState here in altcoin land?
It will cut down on a lot of needless and useless verbal diarrhoea if we stick to discussions about technology, marketing, speculation and stop trying to win by attacking each other with mud slinging.
Everyone should be free to state their opinion, but incessantly battering our opinion on others is oppressive and leads to a lot of useless arguing.
Also when someone doesn't walk their own talk, they should probably not be surprised if they suffer a credibility crisis.
So I will try to STFU now and await smooth's response, if any.
...But there are some ideas in each development that are perhaps worthy. I have borrowed for example some concepts from Iota, even though I have explained that (afaics) the DAG can't be a decentralized consensus algorithm. So you can't say that it has all been worthless, neither from a marketing development nor technological concepts development perspective.
Nature meanders on the path of annealing optimum fittness. The noise is necessary in order to not get stuck in a local minima. Study simulated annealing algorithms over N dimensional spaces.
I am not going to criticize the projects of others. I think the speculators have to wise up or lose their lunch money. That is life. After all, even you are playing the speculation musical chairs game. The market is what it is. If I deny reality, I am diminishing my opportunities to succeed...
sometime after they can no longer ransom off small amounts of their personal stack for 20-50x what they sold it to themselves for
What underwriting for an IPO of a public stock is ever any different than that.
I understand your complaint is you want ICOs to be very visible and open to everyone on a equal availability basis. I think that makes the most sense as well, because you raise the most money for the developers. But I guess they have a different strategy.
Why be so jealous? You missed one. Move on. There will be many others. You win some, you lose some. Anal retention isn't healthy (and I say that sincerely, not being against you).
Sounds just like gambling to me. Whether people have a better chance to make money in this game or the lottery is unclear.
Why did nature make the thrill of crush, so that we cheat on our wives. Yet then your new crush demands you call her 5X per day and make babies. Was it any better than where you started?
The introduction of chance is absolutely essential to existence of possibilities.
It isn't our decision to make whether or not gamblers would be better off in some other way. There is nothing that top-down control can't destroy.
...that's going to allow Anonymint to sit around in his underwear and buy everything at carpet bagger prices because he held cash...
While r0ach has been locked and loaded in his basement with his stash of BTC gaining 2 - 3X fiat value, while others have pocketed 10 and 100 fiat baggers outside on altcoins. Poor r0ach getting relatively poorer daily and making himself feel better by writing about how all those scams are too profitable and how jealous he is.
The tinfoil hats have been saying the sky would fall down since at least 2007. So much profit outside, while they've been locked and loaded in their basements.
I suspect AnonyMint would prefer the latter.
And when the sky does fall, there is no guarantee that Bitcoin will be any more reliable than an altcoin. Bitcoin might be more controllable with capital controls due to the centralized control of mining in China, and
TrojanHorsecoin is surely more traceable.
These CCs are not heirlooms. They are not get-out-crisis-free cards. They are speculative gambles. There is not a certain asset to get you through the coming crisis. The strongest asset is probably one's health and mental acuity. All the "holier than thou" crap is butthurt ointment.
Yes the altcoin arena is loaded with delusional designs that won't end up being adopted for anything. But that is irrelevant. People are here to speculate, gamble, and potentially turn a small amount of lunch money into a fortune.
Now imagine what happens when AnonyMint releases a coin that is actually widely adopted. Fortunes will be made. And r0ach will miss the entire opportunity in his basement locked and loaded sweating in camouflage underpants and an aluminium foil helmet.
Do they really need a reason? ICOs are hot now. Investors want to buy, so people will come up with something to sell.
Imo, NXT needs to be relaunched back from the original genesis block and start fresh.
Or just move on to something else. There is no shortage of alternatives.
J
ealous adult men creating strawman squabbles over who can create a better gambling product
for the market that wants to gamble.
Buy low, sell high, and ignore the "holier than thou" pathetic, useless whining. Legality is the problem of the issuers and possibly the promoters, not of the speculators.
Compete or lose. Ask the Oklahoma Thunder how that works. I like to see any of these whiners in this thread whining on a basketball court about playing fair while getting repeatedly dunked on and ignored by the opposing team that is fast breaking obliterating them while the losers stand still pleading their futile case.
I bet these whiners resemble this 30-something guy who
can't even jumper higher than a shorter, chronically ill, muscle atrophied, 51 year old guy who hadn't been able to train his autoimmunity weakened legs.
All of us know that none of these altcoins have any relevance outside this tiny gambling ecosystem. We'll also know it if ever there exists something of greater relevance, because its million users adoption will exist not as a promise, hope, nor vaporware.
We don't engage with scammers in any form of businesses, not even in betting. We ridicule the scammers, call them piece of shit scammers
What about the alleged Bitcoin scam of mining costs charged to the Chinese people and profits kept for the politically well connected? Do you ridicule it?
And who determines which is a scam and which is not? You?
I agree you have your free will to do what ever you want. And I have the free will to think you are obnoxious. You seem to be under the delusion that you have any relevance in this sphere.
You are as relevant as the ant who just scurried onto my desk and got squashed by my thumb.
Tell him your asshole is not tight enough for the horny prison population.
Hey Mr. Irrelevant Self-Appointed Altcoin Police Enforcer, you never answered me:
by now he is a law enforcement material
What enforcement ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
Copious tough talking diarrhoea flowing out one end but zero action forthcoming.
Indiegogo
doesn't even enforce their own policy against selling prohibited perks that are negotiable instruments.
AnonyMint documented
the reasons ICOs can be considered harmful, but it is irrelevant.
Decentralized, open sourced tokens are probably not investment securities regardless of how they were issued, but many of these recent schemes such as the
DAO appear to not be actually sufficiently decentralized to avoid being classified as investment securities. But that is the potential legal problem for the issuers and perhaps promoters, but not for the readers here who are just the speculators.
There are too many self-important do-nothing talking heads on this forum. At least the scammers are risking their own future legal problems to provide the market here a semblance
of what it craves.
So keep on babbling talking heads. That is a symptom of the disease of the incapable.
So if you really think your goal is to invest to better the true adoption and goals of a decentralized economy, then stop whining and go make it a reality. Stop blaming the scammers for your own inability to invest in and/or launch something that really addresses that goal.
Being less worse, doesn't make it an accomplishment. Two wrongs don't make it right.
Too much useless verbal diarrhoea on BCT.
And then he claims to know what is expert coding
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
Ah pardon me, but being an active coder yourself would allow you to be a peer. Otherwise you are just a rocking chair, finger up his anal-yst. Yeah I know you scored 16 touchdowns in 1932 for the Brooklyn Browns with half your ear torn off. How many times have you repeated that story? Btw, we wear helmets now and take steriods. And ES6 with modules on Node.js isn't your grandmother's Java threads.
I have no doubt they will deliver 20-50x ROI for the greedy shills who promote their scam so hard, but how can be a success to create many bagholders and losers? All P&D coins - like IOTA will be - inevitably results in an army of bagholders who lose money. That is not a success, even if the creators of the scam and their shills make money.
Boohoo. Isn't that just like life and nature. The lion has to kill in order to eat. Lunch money investors want to take risks and try to become millionaires. Who appointed you as top dick sergeant?
You are welcome to criticize their plans, but your "holier than thou" façade is typically a covering for skeletons in your own closet. I been around long enough in this world to know those who protest the most, have the worst guilt. Applying this psychological tool, DecentralizedEconomics likely has some serious skeletons in his closet revolving about sexual perversion.
I stand by my statement: IOTA will be never used by any TOP100 bluechip IoT business for IoT micropayments, which is the primary use case of IOTA.
This statement is not so hypocritically righteous. You are expressing your foresight. I have my own doubts about the viability of most of the altcoins.
Bitcoin seems entirely viable as the TrojanHorse that enslaves us in a digital loss of privacy and easily executed capital controls with the control over the mining by the oligarchs.
It is one big fucking mess. So please stop the pretension.
You are buthurt and talking nonsense.
Do you disagree that the great idea of Satoshi, the socially important concept of decentralized cryptocurrency that could be a tool to liberate a generation from the crocks of Wall Street slowly but surely is becoming a gambling swamp of wannabe rich, greedy schmucks? What can be good in such ICO/IPO originated speculation that inevitably creates bagholders and financial losses for many?
You do not seem to understand that if Satoshi's idealism was decentralization, then you don't want decentralization. And you don't accept the necessarily decentralized (partial orders, no total orders) physics of the universe you exist in.
Learn:
Normally, I'm morally opposed to "gambling"...
Feel free to deflect your embarrassment with something about ... your other hypocrite moralizing bullshit.
Please enlighten us why "free will" is immoral (i.e. the free will to choose to participate in a randomized redistribution of bets).
Seems immoral to want top-down control to remove "free will", for it is the antithesis of the physics of existence:
Max Keiser wander in and pump Factcom to the moon as just a long shot gamble even though he has no idea if it's a viable system or not, which then attracts random noobs into thinking it might have value.
AnonyMint critiqued the ludicrous tech of Factom.
But that is irrelevant. Max brings awareness to crypto, brings more lunch money to the table.
From this cesspool can rise a
BitcoinTrojanHorse killer. Processes aren't noise free because there can't exist omniscience on which is the noise and which is the signal a priori (it can only be known in retrospect and even then perspectives will differ on the account of history).
It isn't usually possible to throw the bath water out independently of the baby when the baby is a decentralized market. You say you want decentralized markets, yet you are unwilling to accept their imperfection. Imperfection is required to have any dynamic system. Otherwise you have top-down control, which is the antithesis of existence, because the speed-of-light is necessarily finite (otherwise past and future would collapse into an infinitesimal nothingness) and thus a top-down observer can't anneal distributed processes in real-time.
Nature is simultaneously ugly and fabulously diverse and interesting. I wouldn't prefer the disinfected nirvana of absolutely no possibilities.
Yeah HODL some Bitcoin. It is the most stable CC so far. HODL your nose and realize the altcoin cesspool is necessary.
Now readers will understand why I referred you to your own request to look up the definition of 'idiot'. You aren't one of sharpest Qtips in the medicinal cabinet.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgflip.com%2F15gbc9.jpg&t=665&c=JoR_IDh0j5IbHQ)
created nothing except bagholders
My research is not a bagholding. I am the only person on earth to have truly solved
how to make an ASIC resistant proof-of-work algorithm.
That $5 million was well wasted. $trillions in future value created from a measly $5 million (of which only a small smidgen needed to reach me to create the serendipity of nature's resilience). And you haven't seen even the tip of the iceberg yet.
STFU. You are a depressing, curmudgeon.
Go on with your babbling incomprehension of how nature and the earth functions. And you try to make me responsible for jl777. Who the fuck ever proved that I have anything to do with anything jl777 did? Because I didn't! I wasn't involved in any thing of Nxt.
Go accomplish something and stop whining. If you can't compete, that is your problem. Produce something better for the speculators. Stop your annoying whining.
The joke is on you not understanding that Armstrong is writing about the medium-term when he is bullish, and in the shorter-term his reversals are guiding us through bounces and dips until we get the V crash slingshot that sets up the medium-term blast off.
Your lack of reading comprehension is the joke. AltcoinUK enjoins you in that handicap.
slingshot that feeable puppet mind of yours.... guiding useless scenario after the fact.
As MA has explained, there will always be dumb people to be the bagholders in the market. There is nothing anyone could do to change that.
No, because I do not believe his unprofitable PoW solution is viable.
The doubt was removed. Perfect decentralization is possible. The key discovery was how to make validation go to ~0 cost, which causes a homoeostasis (Nash equilibrium) to form on the game theory of centralization.
And the other discovery was how to remove computation from proof-of-work. Both are recent discoveries.
Max Keiser wander in and pump Factcom to the moon as just a long shot gamble even though he has no idea if it's a viable system or not, which then attracts random noobs into thinking it might have value.
AnonyMint critiqued the ludicrous tech of Factom.
But that is irrelevant. Max brings awareness to crypto, brings more lunch money to the table.
From this cesspool can rise a
BitcoinTrojanHorse killer. Processes aren't noise free because there can't exist omniscience on which is the noise and which is the signal a priori (it can only be known in retrospect and even then perspectives will differ on the account of history).
It isn't usually possible to throw the bath water out independently of the baby when the baby is a decentralized market. You say you want decentralized markets, yet you are unwilling to accept their imperfection. Imperfection is required to have any dynamic system. Otherwise you have top-down control, which is the antithesis of existence, because the speed-of-light is necessarily finite (otherwise past and future would collapse into an infinitesimal nothingness) and thus a top-down observer can't anneal distributed processes in real-time.
Nature is simultaneously ugly and fabulously diverse and interesting. I wouldn't prefer the disinfected nirvana of absolutely no possibilities.
Yeah HODL some Bitcoin. It is the most stable CC so far. HODL your nose and realize the altcoin cesspool is necessary.