corather
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Solarcoin.org
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March 28, 2014, 03:47:34 PM |
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Look at all you idiotic con artists trying to pass off your premined shites as legitimate. No one gives a fuck about your garbage coins considering we are supposed to trust you scammers with more than 90 percent of your coin's supply with little insurance based on your claims. Cry some more mates.
Ripple.
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corather
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Solarcoin.org
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March 28, 2014, 03:52:43 PM |
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Or perhaps we should stop using the "Dollar"?
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AD_Infinitum
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March 28, 2014, 05:13:08 PM |
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Or perhaps we should stop using the "Dollar"?
I bet you can't find more stupid argument! Is this even an argument? No one wants to force you to use or stop using whatever shitty coin you want. Like Solarcoin. You still will be able to use it! You're free to use whatever you want, no one cares!
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corather
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Activity: 1708
Merit: 1000
Solarcoin.org
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March 28, 2014, 05:43:44 PM |
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Or perhaps we should stop using the "Dollar"?
I bet you can't find more stupid argument! Is this even an argument? No one wants to force you to use or stop using whatever shitty coin you want. Like Solarcoin. You still will be able to use it! You're free to use whatever you want, no one cares! I bet the governments of the world really care about how much their printing. I think your argument is even worse considering you don't even have one. You can use the Zimbabwe Dollar also: Governments don't care.
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hammer1
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March 28, 2014, 06:06:39 PM |
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Not true. SolarCoin is not a "scam coin" or a pump and dump. The people who created it are investment bankers and scientists who have the professional expertise and intention to create a legitimate global financial institution. Here's a list of their resumes -- some of which are so impressive that it's like a who's who of Wall Street (look especially at Joseph Zitoli, John Dolan, and Nick Gogerty). The goal of SolarCoin is to establish a new monetary system backed by the value of solar electricity generated over the next 40 years. The premined coins are distributed according to specific verifiable criteria, representing a specific amount of solar energy produced. Comparing SolarCoin to most premined coins is ludicrous. Cryptocurrencies aren't stocks. If an institution exists which owns premined coins, are we just going to say that they own nothing of value, even though the price of the coins on the market indicates that the coins DO have value? If we had a gold standard, would we only count the gold that's circulating in the market and not even count the gold being held in the vault of a central bank? Would we say that the central bank holding the reserves of gold owns nothing of value, simply because that gold is not "on the market" at the time? Like I said, I don't know anything about it and I'm not saying it's a scam. I'm saying that it's obvious that you and the other people here posting have something to gain from having it appear so highly on the list. Just like that marinecoin dev (higher market cap than apple! lol). And your faulty arguments make it clear as well. Ask your wall street "who's-who" how to accurately calculate market cap (which is a term USED FOR STOCKS. not for commodities.) and they will undoubtedly agree with me. You didn't answer my question. Should we count the total number of coins to be mined for all of the coins out there? Should bitcoin's market cap be based on the 21 million that will eventually be mined It's no different than the pre-mine in that they will exist on the market some day...obviously this is a terrible way to do it and is precisely what counting pre-mined coins do. If I made a coin with a trillion coin supply and pre-mined all but one, and then sold that one to my friend for $1...it doesn't mean that the coin has a trillion dollar market cap. No matter how much you think so. If you're at all intelligent, you know that I'm right, but keep shilling for the coins you want to magically appear high on the list.
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freebird
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Freedom through Cryptocurrency!
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March 28, 2014, 06:42:03 PM |
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Ask your wall street "who's-who" how to accurately calculate market cap (which is a term USED FOR STOCKS. not for commodities.) and they will undoubtedly agree with me.
I didn't say you're wrong. I'm saying that cryptocurrencies are not stocks and the total value of such an asset should not be calculated in the same way as stocks. I used the analogy of gold to show that we would count the gold reserves held by a central bank as part of the total value of all the gold in the world. Because cryptocurrency is treated as "property" (i.e. like a commodity) by the IRS, we have to count its value in that way, not in the way we count the value of stocks issued by a company. Premined cryptocurrency is like gold or whatever other commodity asset held in trust by a central bank. You didn't answer my question. Should we count the total number of coins to be mined for all of the coins out there? Should bitcoin's market cap be based on the 21 million that will eventually be mined It's no different than the pre-mine in that they will exist on the market some day...obviously this is a terrible way to do it and is precisely what counting pre-mined coins do.
No, in fact it's very different. 21 million bitcoins have not yet been created, only 12.5 million. The extra 8.5 million bitcoins are nonexistent at this time. For example, let's say somebody wanted to try to steal them. They couldn't, because they literally do not exist. On the other hand, if somebody wanted to try to steal premined coins, they could, because they do exist. It would be like robbing a bank of its gold reserves or dollar reserves or whatever other reserves being held in vaults which is not circulating in the market. Admittedly, that is a huge risk of premined cryptocurrencies. There are a lot of premined coins sitting in a vault somewhere, and possibly they could be stolen. The market should decide how much they are worth, based on taking this risk into consideration. And I'm sure people do think about it. I certainly did before I bought my SolarCoins. And that's why I'm helping the SolarCoin Foundation to finalize their governing documents so that the control over the premined coins will be strictly governed by a legal structure. If you're at all intelligent, you know that I'm right, but keep shilling for the coins you want to magically appear high on the list.
Ask yourself this: If I'm just a shill, would I be pointing out the risks associated with premined cryptocurrencies? SolarCoin and other premined cryptos are essentially trying to create alternative central banks. I happen to think SolarCoin is by far the most legitimate attempt out there, and I like the idea of a currency backed by a system of rewarding people for generating clean renewable electricity. But let's not fool ourselves: The growing trend of premined cryptocurrencies is a trend of people trying to create alternative central banking institutions that release reserves of currency into the marketplace based on whatever is their philosophical criteria. This is something very different from bitcoin, and it may in fact be the future of crypto as bitcoin gradually fades away and is overtaken by premined cryptos based on philanthropic purposes. Premining by institutions that manage cryptocurrencies is a major new trend in the crypto sector, and we would be wise to take it seriously rather than relegate it to "automatic scam" or "pump and dump" status.
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davidorentol
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March 28, 2014, 06:45:58 PM |
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Filter Significantly Premined ! Please
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gebir
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To be or to have
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March 28, 2014, 11:57:10 PM |
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Please add Polcoin
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Vexatious
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March 29, 2014, 12:24:53 AM |
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I think the current method should stay as it is with filters applied. If people in this crypto space can't filter through that list and discount those coins they think are scams based on their own preconceptions, then they're in over their head to begin with and lessons get learned. Welcome to life in the free world friends! I also think the parallel drawn by freebird is closer to actual in terms of SLR than the application of the strict definition of market cap from an equity valuation perspective. And I say that only because of the hours and days I've spent researching every minute aspect of SLR since the end of January! Obviously I'd like to see the price rise because I do own some SLR but I would much rather a slower beginning than a fast and volatile one. Time will tell. One observation I'd like to offer up for discussion is that this is an entirely new financial space we are in with a yet to be determined set of definitions detailing exactly what a crypto currency really is. Some behave more like equities, some like fixed income, some like real estate, some like currencies and some like a form of derivative even. Then there is the identification of whether the crypto in question is being purchased for its utility value or as an investment or as a pump and dump. Throw all of those competing attributes in where only bits and pieces apply to this coin or that coin and it becomes clear that you can't apply the strict definitions from the fiat financial markets to the crypto markets with one easy stroke. This is a great adventure we are on and the terms that will eventually define this market will be created by all of us. This entire thread is part of the beginning of all that! It's very exciting.
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BTC Address: 1LKrhNXUDBZANdtqzE3Au9xjFHVCADfc9S SolarCoin address: 8dDpPHrRBedyWBzxvbXD3paGkDjJkPRN2i
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pgb
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March 29, 2014, 03:16:49 AM Last edit: March 29, 2014, 07:57:55 PM by pgb |
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There is a very good coin out there called Charitycoin that you should consider adding. See the specs below : WHAT IS CHARITYCOIN? CharityCoin is a new cryptocurrency with a single goal and purpose, to become the world’s number one charitable cryptocoin helping to fund-raise for charities across the globe. CharityCoin’s strengths lay within its community as ten percent (previusly 5%, increased after community vote) of all mined coins are added to the CharityCoin donation fund and distributed to our supported charities. Remember that by using CharityCoin you are helping to raise funds for charities currently supported with the charity wallet fund. CHARITYCOIN SPECIFICATIONS Algorithm: Scrypt Max. coins: 500,000,000 CharityCoins 2.5 min block target 500 initial block subsidy 100,000 blocks (~5.8 months) between subsidy reduction 10% reduction (not half) Kimoto Gravity Well retarget 5% charity donation before block 20,400 10% charity donation since block 20,400 No premine You can find more info here http://www.charitycoinfoundation.org/
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NEM : TAFTFJ-JJ4XTW-FNYZU7-HZR2Y2-RXIKEW-QIOWFJ-WM4N
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startcoin568
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March 29, 2014, 03:33:59 AM Last edit: April 07, 2014, 02:46:09 PM by startcoin568 |
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Can you add GOX coin in your listing. It should be at rank 150 approx. The coin is really increasing in terms on difficulty, miners and traders.
It would be really good to see it on your website. Thank you.
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omahapoker
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March 29, 2014, 03:42:15 AM |
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congrats on hitting 200 coins. i never do look at page 2
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marine4u
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March 29, 2014, 04:04:08 AM |
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Look at all you idiotic con artists trying to pass off your premined shites as legitimate. No one gives a fuck about your garbage coins considering we are supposed to trust you scammers with more than 90 percent of your coin's supply with little insurance based on your claims. Cry some more mates.
You have no idea what you are talking about, obviously. you are just a person typing on a keyboard. I would wait for a year before making comment about Marinecoin so that you don't regret it.
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Spoetnik
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FUD Philanthropist™
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March 29, 2014, 05:35:36 AM |
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when you put AUR high up in the top 10 i decided i would never even entertain the idea of going to the site again period .
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FUD first & ask questions later™
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Spoetnik
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Activity: 1540
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FUD Philanthropist™
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March 29, 2014, 05:38:12 AM |
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Look at all you idiotic con artists trying to pass off your premined shites as legitimate. No one gives a fuck about your garbage coins considering we are supposed to trust you scammers with more than 90 percent of your coin's supply with little insurance based on your claims. Cry some more mates.
You have no idea what you are talking about, obviously. you are just a person typing on a keyboard. I would wait for a year before making comment about Marinecoin so that you don't regret it. and your NOT a person typing on a keyboard ? here is my retort for you.. You are some kind of person breathing air. ohhhh burnnnnn !!!!!!!! i got you bad son ahhaha PS: a scammy premined clone coin is a scammy premined clone coin.. no amount of *attempted half ass verbal gymnastics can change that.
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FUD first & ask questions later™
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Stevenrm87
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March 29, 2014, 05:54:47 AM |
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Dear CoinMarketCap.com, Get your shit together and stop putting these premined BS coins in the top places! You guys are losing credibility everyday!
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Selling fully funded Titan BTC Physical Bitcoins, Gold and SIlver - BTC Physical Bitcoins BTC PM if interested.
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lumberinvestments
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March 29, 2014, 01:26:22 PM |
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Dear CoinMarketCap.com, Get your shit together and stop putting these premined BS coins in the top places! You guys are losing credibility everyday!
Stop complaining. Now you have the option to filter that out. Let the people get burned and find out how to chose between the premined coins. Not all the coins are the same. I am involved with one premined coin and I can bet anyone 1 BTC that after less than one year there will be some very positive truth revealed about it. You can scream scam as much as you want, you'll just be like a kid bitten by a fireant. This is the last place where you should come and complain like that, the developer of coinmarketcap.com is doing a good job and he is doing as much as possible to listen to you. If you want to cry out loud just make your own thread. He has no way of knowing which one of the shitty clones are a scam or not, neither do you. Don't think that you're some kind of God to predict the future and know everything, you are not ! He started his website with an idea and you can't change that, as that idea is in the name of the website ! Better let the investors in the coin figure out which one is good and research more about each coin and people behind it. If they don't do that, they deserve to be burned. The speculators also deserve to be burned, they should not speculate more than they can afford to lose, same as in a casino ! So stop posting here in big red fonts your wrong mental images, you're messing up coinmarketcap.com dev's work and probably calling some legit coins as scam.
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bobdylan
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March 29, 2014, 01:45:27 PM |
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Hi, When will you add the market AllCrypt please ? Thanks
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stlcoin
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March 29, 2014, 02:19:22 PM |
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stlcoin what happened , was there yesterday agree add http://allcrypt.com/
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jmlindn
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March 29, 2014, 02:22:07 PM |
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great site, you could add more currencies(not just dollas)
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