The impact of bad crypto (DASH, SDC, etc). How much does math matter?

[toknormal]

I was looking for a meme, but I couldn't find one appropriate for that level of stupid

It's not as stupid as trying to sell people "invisible money".

I'll leave the meme's to others

[AlexGR]

The thing with gold is that it's one of the best money laundering assets.

You can buy an acre in a gold mining area and then "make-appear" 100kg of gold that you ..."mined" from your ground.

And voila. Now you have 100kg x 40k $ = 4mn USD... all "mined" out of "the ground". Or so you say.

So if you have black money => you buy gold => you pretend that you mined it => you legalized your black money.

Gold is one of the very few cases that you can make money appear out of nowhere, in terms of accounting. That's a very useful - even irreplaceable quality. Most other types of assets or currencies have a trail.

[TPTB_need_war]

I was looking for a meme, but I couldn't find one appropriate for that level of stupid, so here, have this one instead.

It's not as stupid as trying to sell people "invisible money".

I'll leave the meme's to others

hahaha! Good one.  



(What is Dash selling  )

[smooth]

I was looking for a meme, but I couldn't find one appropriate for that level of stupid, so here, have this one instead.

It's not as stupid as trying to sell people "invisible money".

Who would ever buy magical internet money that exists as a bunch of ones and zeros in a computer?

[TPTB_need_war]

The thing with gold is that it's one of the best money laundering assets.

You can buy an acre in a gold mining area and then "make-appear" 100kg of gold that you ..."mined" from your ground.

And voila. Now you have 100kg x 40k $ = 4mn USD... all "mined" out of "the ground". Or so you say.

So if you have black money => you buy gold => you pretend that you mined it => you legalized your black money.

Gold is one of the very few cases that you can make money appear out of nowhere, in terms of accounting. That's a very useful - even irreplaceable quality. Most other types of assets or currencies have a trail.

The scale is totally different. CC can be mined by an individual who doesn't have to document how they paid their electrical bill. A producing gold mine is not cheap, and then it is also probably possible to forensically detect if the worthwhile scale of mined gold had been physically extracted. And the scale makes it perhaps worth investigating/prosecuting.

[TPTB_need_war]

I was looking for a meme, but I couldn't find one appropriate for that level of stupid, so here, have this one instead.

It's not as stupid as trying to sell people "invisible money".

Who would ever buy magical internet money that exists as a bunch of ones and zeros in a computer?

I am going to miss this place if it ever shuts down.

Sincerely,
White & Nerdy

[...]

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.

[smooth]

Was there some relevance there to bad crypto, because I didn't see it?

Oh I get it. The same personal vendetta that has john-conner following me around like a stalker and posting off-topic personal attacks has you doing the same thing.

[traumschiff]

Was there some relevance there to bad crypto, because I didn't see it?

Oh I get it. The same personal vendetta that has john-conner following me around like a stalker and posting off-topic personal attacks has you doing the same thing.

STEEM is the perfect bad crypto as you can see in the description and the added bonus is you supporting it.

I want to see you spamming anti-STEEM threads.

[smooth]

Was there some relevance there to bad crypto, because I didn't see it?

Oh I get it. The same personal vendetta that has john-conner following me around like a stalker and posting off-topic personal attacks has you doing the same thing.

STEEM is the perfect bad crypto ...

Please more specifically address the bad crypto you claim is in STEEM, that would at least be on topic here.

Do you even understand what "bad crypto" means in the context of this thread?

[Vladsupporter]

I know it's not my business but it seems like Monero guys create random threads against DASH and then fill it with random stuff; Like TechorMarketing to me looks like a Monero hate thread starter by the same group who attack other coins with no development to talk about in their part. I come to this thread because I remember this

Ethereum's 'Casper' system designer Vlad Zamfir - DASH centralized governance masternode model is a failure.

Listen to his comments in this video and discuss

https://www.youtube.com/watch?v=StMBdBfwn8c&feature=youtu.be&t=1381

Ethereum's 'Casper' will be designed to avoid the catastrophic problems of the DASH design

I created this account just so these Monero drama queens stop putting shit on other people mouth, we know you hate DASH that much but at least quote Blad Zamfir right you piece of shit.

We don't need you're garbage drama and false quoting Vlad.

Checking he's history now I've seen that he did this before as well only against Dash and it is not surprising since Monero/Aeon developer himself started hate threads and then comes the shills right after it continuing talking random things up against Dash. It's pretty pathetic to be honest

P.S I think TechorMarketing deleted he's thread after getting to much heat https://bitcointalk.org/index.php?topic=1400334.msg14215301#msg14215301 ??

[smooth]

Operation Rescue:

ceti, I think that one is missing from your Monero hate thread.

[Vladsupporter]

What are you working on as a Monero/Aeon developer Smooth?

[smooth]

What are you working on as a Monero/Aeon developer Smooth?

Nothing related to bad crypto, as far as I know.

[Vladsupporter]

What are you working on as a Monero/Aeon developer Smooth?

Nothing related to bad crypto, as far as I know.

OK but what are you developing in Monero or Aeon as a developer? 

[smooth]

What are you working on as a Monero/Aeon developer Smooth?

Nothing related to bad crypto, as far as I know.

OK but what are you developing in Monero or Aeon as a developer? 

Both projects have an open development process and community. You are welcome to particulate. But both are also off topic here, so take your toxic forum trolling elsewhere.

[Vladsupporter]

What are you working on as a Monero/Aeon developer Smooth?

Nothing related to bad crypto, as far as I know.

OK but what are you developing in Monero or Aeon as a developer? 

Both projects have an open development process and community. You are welcome to particulate. But both are also off topic here, so take your toxic forum trolling elsewhere.

Who decides what is bad crypto Monero shills by creating constant threads about other coins like TechorMarketing?

I am asking you now what are you working on as a developer because I have seen you here always; so in my mind he is a developer why he's here and not developing? If you going to answer with stop trolling again or this is not a proper thread to talk about it even thought you are Monero/Aeon Developer then i'll assume that you are basically not doing anything but chatting here in BTCtalk forum attacking all kinds of coins who have developers who actually doing something "It does not matter if you like it or not at least they are trying to make something".

[smooth]

What are you working on as a Monero/Aeon developer Smooth?

Nothing related to bad crypto, as far as I know.

OK but what are you developing in Monero or Aeon as a developer? 

Both projects have an open development process and community. You are welcome to particulate. But both are also off topic here, so take your toxic forum trolling elsewhere.

Who decides what is bad crypto Monero shills by creating constant threads about other coins like TechorMarketing?

I am asking you now what are you working on as a developer because I have seen you here always; so in my mind he is a developer why he's here and not developing? If you going to answer with stop trolling again or this is not a proper thread to talk about it even thought you are Monero/Aeon Developer then i'll assume that you are basically not doing anything but chatting here in BTCtalk forum attacking all kinds of coins who have developers who actually doing something "It does not matter if you like it or not at least they are trying to make something".

This thread can probably help improve your poor critical thinking skills:

https://bitcointalk.org/index.php?topic=1430839.0

I see at least #2, #4, #5 and #6 in your posts, off topic though they are. It seems you have also come up with your own slightly different variation: "What have you done?". Also, "If you do/don't do ______, I'm going to assume ______". Nice, two in one.

[iCEBREAKER]

Who decides what is bad crypto Monero shills by creating constant threads about other coins like TechorMarketing?

Cryptographers (using the laws of mathematics) decide what is bad crypto.

EG:

Peter Todd calls DASH "snake oil" and bad crypto:
* snake oil: https://twitter.com/petertoddbtc/status/622022840330682368
* bad crypto: https://twitter.com/petertoddbtc/status/622081863008436225
 
gmaxwell calls DASH harmful garbage and dysfunctional software:
* https://bitcointalk.org/index.php?topic=1001642.msg10922949#msg10922949

The Todd also called Monero "good crypto" so that coin is off-topic on this thread.

[AlexGR]

Good crypto with mixin 0 and intentionally crippled PoW

[AlexGR]

Monero Review:

Broken anonymity [✓]
Broken scaling [✓]
Broken game theory / Broken Nash Equilibrium [✓]
Delusional, retarded and pumper-minded community [✓]
Cryptographers with broken cryptographic ideas [✓]
Broken de-centralization that will tend to centralization [✓]
Fraudulent claims regarding the strength of anonymity provided [✓]

Congratulations. You passed your "bad crypto" review with flying colors.

Monero #REKT