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paradigmflux (OP)
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January 20, 2014, 01:46:33 AM |
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I can only imagine some secret forum somewhere full of people just plotting and planning the newest pump and dumps, coordinating all the threads trying to drive up the value of these coins that are truly absolutely speculative garbage. this is such an interesting market, because people are truly selling rocks to people as diamonds.
but I mean, some of these scamcoins like the 42 coin - the source code for the whole coin doesn't even stop there from being more than 42 coins. the 'developer' might have thought that he was restricting it to only have 42 coins, but that says a lot about how much of a developer he was. are there really so many people investing so much money in something when they don't even have the foresight to look at the actual code that the coin uses, or find out anything even slightly real about it?
mind you, I bet the people in the shitcoin cabal forum are probably making money hand over fist. lol. they should invite me!
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coinerer
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January 20, 2014, 01:50:47 AM |
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mind you, I bet the people in the shitcoin cabal forum are probably making money hand over fist. lol. they should invite me!
From you it is expected to buy such coins when they tell you, not to join them.  |
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PinkPotatos
Full Member
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Activity: 126
Merit: 100
Girls dont crypto?
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January 20, 2014, 02:09:24 AM |
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funny thing is.. the answer is yes.
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xbudahx
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January 20, 2014, 02:19:55 AM |
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#1 rule of shitcoin cartel aka La Mierda, well you know
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pikuchato
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January 20, 2014, 02:43:07 AM |
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should we let him in guys?
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Wipeout2097
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SportsIcon - Connect With Your Sports Heroes
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January 20, 2014, 02:43:31 AM |
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I don't see a good future if everyone and their doge start pulling money out of thin air like this. Pandora's Box comes to mind again and again. I'm afraid of hyper-inflation and worse in a few years from now
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cryptohunter
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Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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January 20, 2014, 02:56:42 AM |
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I don't see a good future if everyone and their doge start pulling money out of thin air like this. Pandora's Box comes to mind again and again. I'm afraid of hyper-inflation and worse in a few years from now
eventually exchanges will just ignore all new shitclones, like the last wave, then new clones just die out and new releases get 2 noob miners who give up after 5 mins. |
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delphs
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January 20, 2014, 03:02:39 AM |
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it's a great way for people to mine everything else than the good coins so they can focus on mining the good stuff without the difficulty going up. Can you imagine the hashing power all focus on DGC, LTC, MNC, PPC, XPM etc? Hoe much difficulty would grow? it's a shiny distraction so they focus on the good stuff without you taking it  |
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oldgascan
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January 20, 2014, 03:29:47 AM |
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it's a great way for people to mine everything else than the good coins so they can focus on mining the good stuff without the difficulty going up. Can you imagine the hashing power all focus on DGC, LTC, MNC, PPC, XPM etc? Hoe much difficulty would grow? it's a shiny distraction so they focus on the good stuff without you taking it Ladies and gentlemen, WE HAVE A WINNER!!! Someone please give this fine man a Cuban cigar! |
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PinkPotatos
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Girls dont crypto?
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January 20, 2014, 03:31:36 AM |
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The Franko Collective is a group of people united by each others success and the advancement of society.
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Bigeyeone
Member
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January 20, 2014, 03:34:37 AM |
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The cartel cable is right here in this forum , you just got to read between the lines
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PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
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BTCbull
Full Member
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Merit: 100
Altcoin Mania!!!
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January 20, 2014, 03:50:18 AM |
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Shhh you're going to give them ideas
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Life is full of ups and downs... And so is the crypto market  |
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singula
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January 20, 2014, 03:55:45 AM |
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but I mean, some of these scamcoins like the 42 coin - the source code for the whole coin doesn't even stop there from being more than 42 coins. the 'developer' might have thought that he was restricting it to only have 42 coins, but that says a lot about how much of a developer he was. are there really so many people investing so much money in something when they don't even have the foresight to look at the actual code that the coin uses, or find out anything even slightly real about it?
heh, nice setting MAX_MONEY (max size of money in one tx) but sort of forgetting to change GetBlockValue in a way to actually achieve the goal. So it'll produce 31.536 coins/year forever Could be a bit surprise in about 15 months to people who invested in the coin But not as bad coding error as the Pennies (CENT) - small coding error and after stakes in Pennies started to appear, it would then put Zimbabwean dollar to a shame (wow, such a hyperinflation!) And quite common bug is having the difficulty retargetting wrong and then getting killed by multipools. |
Big brother is not watching you anymore. Big brother is telling you how to live.
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sibilant_doge
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January 20, 2014, 03:58:33 AM |
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There is a buyin to our cabal >.> send 1 BTC to 1C7zzvdAtevGZ5jZj9UDM9zSqKZqx8pzyP And then PM me and you will be added to the big-fish-list and receive updates on which coin is up for dump.
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paradigmflux (OP)
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January 20, 2014, 05:27:36 AM |
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So I wasn't just misreading the 42 code, it is exactly the way I thought it was. I haven't really looked into the code of any of the other coins, I was just curious about that one when I saw that it was worth 1100 BTC on day 1. Thank god I sold the few (what do they call them with that scamcoin? dents??) I had mined when they were worth 1100 BTC/42 lol.
The even funnier thing is that I've noticed a few people post about how they also noticed that 42 is a complete and utter lie, yet people continue to waste their BTC on the 'rarest coin in the world'. A fool and their money are soon parted, I guess. On that note, I am going to be releasing the London Bridge Coin, you should start sending me your money ahead of time so that you too can own a piece of the bridge.... At least we don't have pre-orders on coins yet, lol.
What a joke. And the whole concept of pre-mining - what a joke as well. I mean a coin might be intended to have 40,000,000,000 coins eventually (but that's over like 40 years) so some bozo developer goes and premines 4,000,000 coins and then claims that it's a legit coin because they are going to use the premine to help the coin along? Yeah right, that's as many coins as everyone else will mine all added together over the next six monthes.
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