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Question: How much activity should be required on an account to release a coin?
<10 - 12 (19.4%)
10-25 - 1 (1.6%)
25-50 - 6 (9.7%)
50-100 - 15 (24.2%)
>100 - 28 (45.2%)
Total Voters: 62

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Author Topic: Tired of all these crap coins?  (Read 954 times)
Scooby903 (OP)
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December 29, 2013, 04:59:34 PM
 #1

I think there should be some sort of activity requirement to release a coin.  I'm tired of all of these pointless crap coins and I think placing a restriction on who can release them will have a positive effect on the Crypto scene as a whole.  I realize that some people did well with DOGE and that's great, but I don't think we need Catcoin, Kittehcoin, Hamstercoin, etc.  Not to mention someone released XMAS today  Roll Eyes

These are nothing more than shitty coins with absolutely no purpose.
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Bfljosh
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December 29, 2013, 05:01:14 PM
 #2

How about we let the market decide?
kanus1113
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December 29, 2013, 05:02:49 PM
 #3

The rate of release is too fast, several coins a day is just not sustainable. I don't think limiting by forum activity is the answer.

The rate of release of new coins will lead to confusion. New people will not invest, new traders as well. This will even effect Bitcoin.
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December 29, 2013, 05:03:05 PM
 #4

This is a terrible idea.

Free market rules.
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December 29, 2013, 05:03:18 PM
 #5

Your opinion has been noted.




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paulus51
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December 29, 2013, 05:04:48 PM
 #6

this is not nesserairy
Nullu
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December 29, 2013, 05:05:27 PM
 #7

This is a terrible idea.

Free market rules.

Free market for the win.

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occham
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December 29, 2013, 05:07:08 PM
 #8

This is a terrible idea.

Free market rules.

I'm actually more inclined to go with this.  Yes, there's a pile of crap but occasionally crap is fertilizer for new innovation.
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December 29, 2013, 05:07:29 PM
 #9

Do we need to restrict new releases? OH YES!!! It will be great!
gnode
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December 29, 2013, 05:07:43 PM
 #10

This sudden increase in new coins is not New. It has happened before. It happens when coin prices spike up.

Why? Coin devs trying to cash in.

How does it play out? Let's look at history.

A lot of coins get issued, some end up on exchanges. If they don't get on an exchange they die. Typically if they end up on an exchange other than cryptsy they can hold on like on life support until they get on cryptsy. At the present time, Cryptsy is the king maker for coins.

So what is the strategy?  Mine those that will get on an exchange. When they hit the exchange dump the coins and make money.

Which coins get on an exchange?  Your guess is as good as mine. Maybe some have unique properties? Maybe some have a lot of hype?

Therefore, the number of coins issued doesn't matter except it makes it harder to determine which will end up on an exchange.
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December 29, 2013, 05:28:44 PM
 #11

What does activity on bitcointalk have anything to do with releasing a coin?  I could make a coin today, Lorrencoin, and have me and my friends mine it.  I could spread the word on Facebook, and not even mention it here, yet it still would be a coin.  Would it be a popular coin?  Probably not.  It would still be a coin though.

Is it a little annoying to see tons of coins every day, not knowing what to bother with?  Sure.  I think that we should have the freedom to choose whether or not we want to mine them or not though.  Some will take off, many will not.

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December 29, 2013, 05:41:44 PM
 #12

"Tired of all these crap coins?"

why do you hate freedom ?

^

that's a joke i'm joking - of course , I'm thinking back to when the scientist  from the Simpson called Dow 20k - and people were like , but the QE  the destruction of the nation etc...?

and people were like "why do you hate freedom" ?

its the freedom to destroy yourself  !  embrace !

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digitalindustry
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December 29, 2013, 05:43:49 PM
 #13

ActivityCoin?

Forumcoin ?

forumactivitycoin ?

^ hey guuuuuuys ?


the solution to this problem is a new coin -
 

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Scooby903 (OP)
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December 29, 2013, 05:46:00 PM
 #14

ActivityCoin?

Forumcoin ?

forumactivitycoin ?

^ hey guuuuuuys ?
 

lol... Grin

Shadow_Runner
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December 29, 2013, 05:46:42 PM
 #15

>100
premod for quality wallet without errors, logo, etc.
no premine
Huh
PROFIT!
delphs
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December 29, 2013, 05:47:17 PM
 #16

no activity needed... what if a talented developer active on a different forum wants to promote his new coin here?

I don'T care how crappy the coins are, there's plenty of place for all and the shitty coins will die by themselves.

Plenty of people dislike the animal themed coined for their silliness but if you don't have a bunch of "newbies's first coin" no one new will ever take the risk of investing big money in bitcoin just to learn.

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KingGoon
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December 29, 2013, 05:48:35 PM
 #17

I think there should be some sort of activity requirement to release a coin.  I'm tired of all of these pointless crap coins and I think placing a restriction on who can release them will have a positive effect on the Crypto scene as a whole.  I realize that some people did well with DOGE and that's great, but I don't think we need Catcoin, Kittehcoin, Hamstercoin, etc.  Not to mention someone released XMAS today  Roll Eyes

These are nothing more than shitty coins with absolutely no purpose.

u forgot the babycoin plan  Cheesy Cheesy

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December 29, 2013, 05:49:31 PM
 #18

wow hating on catcoin? CatCoins are best coins!

everything cat is best! Cheesy

igonna inject millions of dolahz into catcoinszzz
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December 29, 2013, 05:53:14 PM
 #19

I think there should be some sort of activity requirement to release a coin.  I'm tired of all of these pointless crap coins and I think placing a restriction on who can release them will have a positive effect on the Crypto scene as a whole.  I realize that some people did well with DOGE and that's great, but I don't think we need Catcoin, Kittehcoin, Hamstercoin, etc.  Not to mention someone released XMAS today  Roll Eyes

These are nothing more than shitty coins with absolutely no purpose.

C'mon... Ya gotta admit that Vaporware Coin is absolutely the most innovative concept in coin design in a long time, and if more coins emulated Vaporware Coin, we'd not see so many shitcoins around. Wink

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December 29, 2013, 05:59:19 PM
 #20

Activity isn't a good measurement.
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