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Author Topic: Will ByteCoin confuse people about BitCoin  (Read 2117 times)
Matthew N. Wright
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April 04, 2013, 04:05:16 PM
 #21

Business plan:
1) copycat something
2) give it a vaguely similar name
3) find a bunch of excited losers who can't tell a from b
4) profit



You just described China's primary export. Wanna see my Appel iPlod?

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April 04, 2013, 04:05:59 PM
 #22

No, I don't think it will confuse anybody.
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April 04, 2013, 04:17:27 PM
 #23

The protagonist/s behind this are using a large number of sock-puppets to make it look popular. Some people will be fooled by this. It's a scam, plain and simple.

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April 04, 2013, 04:18:50 PM
 #24

The protagonist/s behind this are using a large number of sock-puppets to make it look popular. Some people will be fooled by this. It's a scam, plain and simple.

+1 I noticed this too, and we all have a very good idea of who that protagonist is.

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April 04, 2013, 04:19:33 PM
 #25

Well hopefully the moderator can aggressively move it to Alt-Currency forum.

Well, please report them if you see those outside of the alt coins subforum.

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April 04, 2013, 04:20:32 PM
 #26

it's just a learning experience if thye make that mistake
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April 04, 2013, 04:24:43 PM
 #27

The protagonist/s behind this are using a large number of sock-puppets to make it look popular. Some people will be fooled by this. It's a scam, plain and simple.

yep i also noticed this but it is still a good idea regardless. im not a sock puppet and im going to keep pumping it =)

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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April 04, 2013, 04:25:29 PM
 #28

The protagonist/s behind this are using a large number of sock-puppets to make it look popular. Some people will be fooled by this. It's a scam, plain and simple.

+1 I noticed this too, and we all have a very good idea of who that protagonist is.

I dont know who it is. Who do you believe it is?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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April 04, 2013, 04:36:35 PM
 #29

Satoshi?  Grin
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April 04, 2013, 04:40:48 PM
 #30

Satoshi?  Grin

hey its the puppeteer himself. C'mon give us a hint, who are you really?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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April 04, 2013, 04:47:18 PM
 #31

I wouldn't worry about it - the market will decide over time what it has confidence in!
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April 04, 2013, 05:45:04 PM
 #32

Ive never even herd of bytecoin lol
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April 04, 2013, 09:07:08 PM
 #33

Business plan:
1) copycat something
2) give it a vaguely similar name
3) find a bunch of excited losers who can't tell a from b
4) profit



You just described China's primary export. Wanna see my Appel iPlod?

hahahah i cant believe i actually saw a guy bring an iphone to be sim unlocked while i was waiting for mine and found out there at the shop that it was a chinese ebay cheap version..

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April 04, 2013, 09:33:02 PM
 #34

I think we are headed down a slippery slope with ByteCoin.  People are become confused and it will turn them off. 

For starters all the topics should be pushed to the alternate currency topis and not had in the newbie or other Bitcoin topics.  This is [Suspicious link removed].  I would go so far as to suggest a Bytecointalk.org be created.  for now the alt currency is the place for that talk.

So why do I think its a slippery slope, the first time someone is tricked into buying a bytecoin for $100 only to find out they were scammed there will be an uproar.  Mind you they should have educated them self, but people coming to this for the first time will not know the difference and it will confuse them.  They may well turn away thinking it's too complex.

I'm not suggesting it not exist, or that Alt coins are bad.  I think we needed to separate them from Bitcoin so it doesn't pull Bitcoin down while it tries to stand up.

Hm, interesting
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April 04, 2013, 10:22:16 PM
 #35

A copy of Bitcoin was bound to happen anyway. Bitcoin must be able to cope with that so we might as well try it ourselves. In the end, it's not about becoming a BTC millionaire but about making hassle free 24/7 unrestricted payments. Couldn't care less whether I have to pay with LTC, BTC or Bytecoin in the future since it is all interchangeable.

The market will sort this out. We don't have a problem with 100+ PDF readers either.

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Matthew N. Wright
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April 04, 2013, 10:39:53 PM
 #36

I wanted to skip this post, I really did, but there's just so much wrong with it I couldn't help myself. Forgive me if I seem like I'm "attacking" you, but the amount of ByteCoin sockpuppet shills is staggering.

A copy of Bitcoin was bound to happen anyway.

It already has, dozens of times.

Bitcoin must be able to cope with that so we might as well try it ourselves.
We should participate in a pump-and-dump scheme because it looks like our own pump-and-dump scheme?

In the end, it's not about becoming a BTC millionaire but about making hassle free 24/7 unrestricted payments.
This is true. Have you tried Ripple yet?

Couldn't care less whether I have to pay with LTC, BTC or Bytecoin in the future since it is all interchangeable.
Last time I checked, no, they weren't interchangeable, at least not with any amount of ease. Only BTC>LTC, LTC>BTC.

We don't have a problem with 100+ PDF readers either.
The value of the PDF doesn't change by what reader you use. This analogy is completely nonsensical.

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April 05, 2013, 05:44:15 AM
 #37

I fail to see what you want to convey in your post. BTE is simply there, period. That's a free market and the market doesn't care whether we like it or not. Yes, there are other coins but this seems to be an exact copy of BTC giving extra attention to the fact that Bitcoin is not protected as a concept.

I wanted to point out that BTC will have to manage with exact copies out there and in my personal opinion the birth of BTE provides an unique view on what happens with exact clones. Again, I would like to stress it's about the protocol, not so much the value or type of coin. Only is there's sufficient adaptation, the coin of choice has a future.

I'm excited about this; are you?

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April 05, 2013, 05:51:01 AM
 #38

Nope

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April 05, 2013, 08:00:55 AM
 #39

so I just decided to google bytecoin and see about their website or any other info besides this forum, this is what came up:  http://bytecoin.net/

Yeah...


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April 05, 2013, 08:05:18 AM
 #40

Dont care about
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