Bitcoin Forum
September 15, 2019, 08:55:01 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 [58] 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 »
  Print  
Author Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open  (Read 176332 times)
muddafudda
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
March 27, 2014, 08:54:06 AM
 #1141

Yes. Most people got along and developers all worked together in some sense. Shame now really.

Same evolution has happened in other scenes as well. Online poker for example. At first only few people are in the know, money is coming in easy. Everyone's friendly and helping each other. Then more people join and competition gets tougher and money is not so easy anymore. Atmosphere changes.

its a shame really look what happened to online poker


            █ █ █ █ █
         ██           ██
       ██     █ █ █ █   ██
     ██    ██        ██
   ██   ██               
  ██   ██     ████████                  ██████████
            ███          ██   █████████     ██      ██████  ██   ███████  ██    ███   ███████
 ██   ██    ███              ██      ███    ██      ██          ███       ██   ███  ██
 ██   ██    ███  ██████  ██  ██      ███    ██      ██      ██  ███       ██  ███   ██
            ███      ██  ██  ██      ███    ██      ██      ██  ███       ██████     ███████
 ██   ██    ███      ██  ██  ██      ███    ██      ██      ██  ███       ██  ██           ██
             ██      ██  ██  ██      ███    ██      ██      ██  ███       ██   ███         ██
 ██   ██      ███████    ██   █████████     ██      ██      ██   ███████  ██    ███  ███████
  ██   ██                           ███
   ██    ██          ██            ███
     ██    ██ █ █ █ █   ██
       ██             ██
          █ █ █ █ █ █
























Telegram     Facebook     Twitter     Medium
-------------------------------------------------------------------
.WEBSITE. |█| .WHITEPAPER.












......BOUNTY......
-----------------------------------
..ANN THREAD..
1568537701
Hero Member
*
Offline Offline

Posts: 1568537701

View Profile Personal Message (Offline)

Ignore
1568537701
Reply with quote  #2

1568537701
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568537701
Hero Member
*
Offline Offline

Posts: 1568537701

View Profile Personal Message (Offline)

Ignore
1568537701
Reply with quote  #2

1568537701
Report to moderator
1568537701
Hero Member
*
Offline Offline

Posts: 1568537701

View Profile Personal Message (Offline)

Ignore
1568537701
Reply with quote  #2

1568537701
Report to moderator
LimLims
Sr. Member
****
Offline Offline

Activity: 756
Merit: 261


Life is full of Shits.


View Profile
March 27, 2014, 08:54:16 AM
 #1142

I looked at mining it, but it's clearly not profitable to mine it because it's been mostly premined

I will politely disagree: Darkcoin was pre-announced and fair-launched, and everybody had a chance to mine on day 1. A sizeable chunk of DRK was mined on day 1, but that's not at all the same as a premine, and to claim otherwise is BS sophistry. There is a meaningful distinction between premining and a pre-announced fair launch.

In any case, I'm sure the devs got a fair chunk of the day 1 coins, which I see as a GOOD thing because it means they are financially invested in making the coin succeed.

That aside -- if the day 1 mining rate is the only complaint you have against Darkcoin, then that's not too shabby. No coin is 100% perfect.

Regarding profitability, if you do the math taking into account the differences in X11 hashrate and the ~40% lower power draw, you'll find it's about on par with scrypt profitability, if not better.

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
WINDICE████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
██████
██████
███
███
███
███
███
███
███
███
███
███
██████
██████
.Play Now.██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
noelmal
Sr. Member
****
Offline Offline

Activity: 265
Merit: 250



View Profile
March 27, 2014, 09:12:29 AM
 #1143

This thread seems more for old school BTC holders who are afraid that all of these idiot coins being released are going to devalue their BTC.

The old school btc holders what the alt section flooded with garbage. More alt coin garbage the more likely none will get near btc. Also everyone sells their alts for btc so makes more people want btc.

Alts don't devalue BTC, if anything while they decrease each others value they make BTC stronger, look at anytime BTC rises, alts crash as everyone runs from their alts to something of greater value.
DubFX
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
March 27, 2014, 10:01:48 AM
 #1144

Did any coin get cleaned out already? This isn't possible without admins at all and noone of my reports got confirmed and deleted or punished..
benjyz
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
March 27, 2014, 10:14:25 AM
Last edit: March 27, 2014, 10:38:47 AM by benjyz
 #1145

which is why I started altcoins.cc (URL currently here: http://benjyz.github.io/AltCoins/, repo here: https://github.com/benjyz/AltCoins). a whitelist/blacklist should be managed by consensus, not one guy / exchange ( => corruption). this has a lot to do with exchange listings. if somebody just creates a coin, but can't dump it, there is not much point in the scheme.

another problem is the current forum structure is not well suited as a portal. you need some kind of voting or similar mechanisms. otherwise you end up with threads with 60 pages like this one, which no one has the time to read.

I've already put a fair amount of work into altcoins.cc, so somebody can fork the repo and use that.
rgm108
Sr. Member
****
Offline Offline

Activity: 276
Merit: 250



View Profile
March 27, 2014, 11:28:46 AM
 #1146

Still new to Crypto's but I am in a way thankful to the cleanup team. Learning a lot from these discussions Smiley

None of them has stated that they are against altcoins, just the scam one's.

Been following AUR discussions over the past few days. The dev's were warned since launch to use escrow for airdrop which I believe would have provided significant merit to the them and the coin. They chose to ignore the warning and now see what's happening. (Still on the fence on this one. Mined a few via multipool but not holding any)

Using AUR only as an example but I'm sure there are few others that need to be targeted.

-RGM

SPECTRE                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
▄▄      ▄▄███▀▀ ▄▄███▄▄ ▀▀███▄▄      ▄▄
████▄▄  ▀▀▀ ▄▄███████████▄▄ ▀▀▀  ▄▄████
  ▀▀████▄    ▀▀█████████▀▀    ▄████▀▀
 ██▄▄ ▀██ █▄▄    ▀▀▀▀▀    ▄▄█ ██▀ ▄▄██
 ▀▀███ ██ █████▄       ▄█████ ██ ███▀▀
     ██ ███████▄   ▄███████ ██
       ██ ████████   ████████ ██
       ██▄▄ ▀▀████   ████▀▀ ▄▄██
        ▀▀███▄▄ ▀▀   ▀▀ ▄▄███▀▀
            ▀▀███▄▄▄▄▄███▀▀
                ▀▀███▀▀
            │
     │      ███
     │      ███
    │    ███
███  │    ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
Spoetnik
Legendary
*
Offline Offline

Activity: 1540
Merit: 1010


FUD Philanthropist™


View Profile
March 27, 2014, 11:49:39 AM
 #1147

I am the CryptoProphet and you can call me CryptoDamus.

I was sent to inform the peasants of the dark times coming.
It was for told and it shall be.. prepare yourselves to accept the truth.
You do not have long to repent your sinner ways and see the light.
Soddom and Bitcointalk will feel the wrath soon enough.. you'll all see !

Change your ways by accepting CryptoDamus into your heart and praying for forgiveness.
And for a small donation the CryptoProphet can pray to the crypto pyramid scheme gods,
maybe preventing you from spending eternity eating govt cheese in jail after you have
been made broke and arrested for fraud and are in jail penniless because of your scams.

FUD first & ask questions later™
shtako
Hero Member
*****
Offline Offline

Activity: 754
Merit: 501


View Profile
March 27, 2014, 01:36:14 PM
 #1148

I looked at mining it, but it's clearly not profitable to mine it because it's been mostly premined

I will politely disagree: Darkcoin was pre-announced and fair-launched, and everybody had a chance to mine on day 1. A sizeable chunk of DRK was mined on day 1, but that's not at all the same as a premine, and to claim otherwise is BS sophistry. There is a meaningful distinction between premining and a pre-announced fair launch.

In any case, I'm sure the devs got a fair chunk of the day 1 coins, which I see as a GOOD thing because it means they are financially invested in making the coin succeed.

That aside -- if the day 1 mining rate is the only complaint you have against Darkcoin, then that's not too shabby. No coin is 100% perfect.

Regarding profitability, if you do the math taking into account the differences in X11 hashrate and the ~40% lower power draw, you'll find it's about on par with scrypt profitability, if not better.

When the coin is designed to yield a huge instamine that is exactly like a premine.

If darkcoin had had constant block size as they are now there would only been 776,525 coins. But the total coins is actually 3,829,439. That mean that of all the existing darkcoins 79,9% is instamined. And after what i have read they are going to reduce max coins to 22 million. That mean that darkcoin in reality got an instamine of 13,8%.

The fact that it is designed that way and that "everyone" could have mined it don't matter. It is designed as a scam, and a get rich quick scheme. Very good branding, but technically flawed. There is no doubt that this is a scam.
illodin
Hero Member
*****
Offline Offline

Activity: 966
Merit: 1003


View Profile
March 27, 2014, 01:52:54 PM
 #1149

There is no doubt that this is a scam.

 Cheesy


Every coin that I missed the lunch is a scam from now on.
dewdeded
Legendary
*
Offline Offline

Activity: 1218
Merit: 1011


Monero Evangelist


View Profile WWW
March 27, 2014, 02:12:24 PM
 #1150

The word "scam" lost its meaning anyway. Everything is a scam now.

People get called scammers for charging 1% markup on legitimate services, where they add value and so on. Every new project or website is called scam anyway, no matter who released it or what is on.
shtako
Hero Member
*****
Offline Offline

Activity: 754
Merit: 501


View Profile
March 27, 2014, 02:18:12 PM
 #1151

There is no doubt that this is a scam.

 Cheesy

Every coin that I missed the lunch is a scam from now on.

Sorry. The blockchain dont lie. You will find the numbers i quoted there.
woetohice
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 27, 2014, 02:22:15 PM
 #1152

a whitelist/blacklist should be managed by consensus, not one guy / exchange ( => corruption).

You're missing the point.  If it were managed by consensus, how are the extortionists running this "Operation" going to get their money?

This whole thing has NOTHING to do with cleaning up shitcoins.  It's about scamming people out of money.  Scam coin creators like the OP clear out the competition.  Pool operators get sheep to DDOS competitors.  And the extortionists collect their "registration fees."

It's not about cleaning up anything.  It's about criminals working together to expand their enterprise and conning fools into doing most of the work for them.
eduffield
Legendary
*
Offline Offline

Activity: 1176
Merit: 1018


Dash Developer


View Profile WWW
March 27, 2014, 02:26:36 PM
 #1153

Would you kindly whitelist Darkcoin? It's about the furthest thing from a clone-coin. Some of the innovations developed specifically for Darkcoin:

- X11 hashing algorithm
- Darksend anonymous transfers (a decentralised Coinjoin implementation)
- Denomination of funds to improve anonymity in Darksend pooling
- Random decentralised master node selection method
- Blind signing of pooled transactions
- Costs attached to network disruption to make attacks expensive
- DarkGravityWave (DGW) -- modified version of KGW with several exploit fixes
- Limited supply determined by gently tapering reward curve

Whitepaper here: http://www.darkcoin.io/downloads/DarkcoinWhitepaper.pdf

No.  Just, no.  The DarkGravityWave, as it is currently written and implemented, is still vulnerable to a time warp exploit.  The algorithm simply calculates difficulty in a different manner, but it does not contain 'several exploit fixes.' 

I recently update DarkGravityWave and added protections against the timewarp exploit, checkout the commit:

https://github.com/evan82/darkcoin/commit/857e34d28d84a6c7d0910eb800397b5382e520f4

It's also a better algorithm than KGW, as it will react much faster and more accurately to hashrate manipulation. It's funny that I've spent 3 months for 12 hours a day working on the code and you still call it a clone, that's insanity.

Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
LTEX
Legendary
*
Offline Offline

Activity: 1014
Merit: 1000


cryptotrader.nl


View Profile WWW
March 27, 2014, 05:02:07 PM
 #1154

Still new to Crypto's but I am in a way thankful to the cleanup team. Learning a lot from these discussions Smiley

None of them has stated that they are against altcoins, just the scam one's.

Been following AUR discussions over the past few days. The dev's were warned since launch to use escrow for airdrop which I believe would have provided significant merit to the them and the coin. They chose to ignore the warning and now see what's happening. (Still on the fence on this one. Mined a few via multipool but not holding any)

Using AUR only as an example but I'm sure there are few others that need to be targeted.

-RGM

The escrow part has been discussed a lot between BCX and me (or actually, addressed by me and ignored categorically by BCX).

Basics behind the AUR DEV not participating in an Escrow solution is the main question: "Who would this be?" None of the members here can be trusted with it since they are all anonymous as well (like Dev). The only logical Escrow would be a well known publicly know figure that has the status and means to lose a lot if things get screwed up. This person, if we can find him, then has to withdraw himself from public, because for sure all the governments, banks and other criminals will go after him and his 1 Bilion cashable coins.

It's so easy to claim it's a fraud because there has been no Escrow, but if you really want that, come up with something that works (sensibly!). So far, BCX hasn't even replied to all my efforts to address this!

I would like indulge BCX and invite him to personally pick up that task. To do so, he does however needs to come foreword publicly. I will pay for his ticket and 5 star hotel if he is willing to come to Reykjavik and publicly identify himself. He can then open up a wallet and Balduro can transfer all pre mined coins there. He then has to stay reachable during the rest of the airdrop and make sure everything goes well. Hell I even pay him 1BTC a day for it!

A fool will just look at the finger, even if it points to paradise!
iGotSpots
Legendary
*
Offline Offline

Activity: 2058
Merit: 1054



View Profile WWW
March 27, 2014, 05:04:21 PM
 #1155

Still new to Crypto's but I am in a way thankful to the cleanup team. Learning a lot from these discussions Smiley

None of them has stated that they are against altcoins, just the scam one's.

Been following AUR discussions over the past few days. The dev's were warned since launch to use escrow for airdrop which I believe would have provided significant merit to the them and the coin. They chose to ignore the warning and now see what's happening. (Still on the fence on this one. Mined a few via multipool but not holding any)

Using AUR only as an example but I'm sure there are few others that need to be targeted.

-RGM

The escrow part has been discussed a lot between BCX and me (or actually, addressed by me and ignored categorically by BCX).

Basics behind the AUR DEV not participating in an Escrow solution is the main question: "Who would this be?" None of the members here can be trusted with it since they are all anonymous as well (like Dev). The only logical Escrow would be a well known publicly know figure that has the status and means to lose a lot if things get screwed up. This person, if we can find him, then has to withdraw himself from public, because for sure all the governments, banks and other criminals will go after him and his 1 Bilion cashable coins.

It's so easy to claim it's a fraud because there has been no Escrow, but if you really want that, come up with something that works (sensibly!). So far, BCX hasn't even replied to all my efforts to address this!

I would like indulge BCX and invite him to personally pick up that task. To do so, he does however needs to come foreword publicly. I will pay for his ticket and 5 star hotel if he is willing to come to Reykjavik and publicly identify himself. He can then open up a wallet and Balduro can transfer all pre mined coins there. He then has to stay reachable during the rest of the airdrop and make sure everything goes well. Hell I even pay him 1BTC a day for it!

Plenty of us are not anonymous

illodin
Hero Member
*****
Offline Offline

Activity: 966
Merit: 1003


View Profile
March 27, 2014, 05:05:41 PM
 #1156

Problem with escrow is that even then people could say that "most of the claims are by devs". Having the airdrop funds in escrow's hands wouldn't change that.
LTEX
Legendary
*
Offline Offline

Activity: 1014
Merit: 1000


cryptotrader.nl


View Profile WWW
March 27, 2014, 05:13:38 PM
 #1157

Still new to Crypto's but I am in a way thankful to the cleanup team. Learning a lot from these discussions Smiley

None of them has stated that they are against altcoins, just the scam one's.

Been following AUR discussions over the past few days. The dev's were warned since launch to use escrow for airdrop which I believe would have provided significant merit to the them and the coin. They chose to ignore the warning and now see what's happening. (Still on the fence on this one. Mined a few via multipool but not holding any)

Using AUR only as an example but I'm sure there are few others that need to be targeted.

-RGM

The escrow part has been discussed a lot between BCX and me (or actually, addressed by me and ignored categorically by BCX).

Basics behind the AUR DEV not participating in an Escrow solution is the main question: "Who would this be?" None of the members here can be trusted with it since they are all anonymous as well (like Dev). The only logical Escrow would be a well known publicly know figure that has the status and means to lose a lot if things get screwed up. This person, if we can find him, then has to withdraw himself from public, because for sure all the governments, banks and other criminals will go after him and his 1 Bilion cashable coins.

It's so easy to claim it's a fraud because there has been no Escrow, but if you really want that, come up with something that works (sensibly!). So far, BCX hasn't even replied to all my efforts to address this!

I would like indulge BCX and invite him to personally pick up that task. To do so, he does however needs to come foreword publicly. I will pay for his ticket and 5 star hotel if he is willing to come to Reykjavik and publicly identify himself. He can then open up a wallet and Balduro can transfer all pre mined coins there. He then has to stay reachable during the rest of the airdrop and make sure everything goes well. Hell I even pay him 1BTC a day for it!

Plenty of us are not anonymous

But who of you is willing to take up the burden then? Again, publicly, knowing you would become a sitting duck for "accidents to happen"...Huh

A fool will just look at the finger, even if it points to paradise!
benjyz
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
March 27, 2014, 05:15:48 PM
 #1158

a whitelist/blacklist should be managed by consensus, not one guy / exchange ( => corruption).

You're missing the point.  If it were managed by consensus, how are the extortionists running this "Operation" going to get their money?

well, buyers of coins have leverage, too. I realize that few really care, but that really reflects on the structure of the forum at the moment. so anyone who comes up with a better model will be able to profit from that. the market will evolve, so that bad elements just get blocked. not that hard to do. so if 1000x bad coins exist, nobody really cares, because in the future everything will done on a neutral platform, and on that platform only reasonable candidates will exist.
r3wt
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


always the student, never the master.


View Profile
March 27, 2014, 05:21:47 PM
 #1159

one thing to consider, which of these coins have working testnets? either as a built in option by setting the --testnet flag, or a separate repo branch to get around any technical hurdles of the defacto testnet mode. IMO, if the developer went to the time to atleast implement testnet, it might not be a pump and dump.

My negative trust rating is reflective of a personal vendetta by someone on default trust.
Swordsoffreedom
Legendary
*
Offline Offline

Activity: 1064
Merit: 1006



View Profile
March 27, 2014, 05:28:32 PM
 #1160

one thing to consider, which of these coins have working testnets? either as a built in option by setting the --testnet flag, or a separate repo branch to get around any technical hurdles of the defacto testnet mode. IMO, if the developer went to the time to atleast implement testnet, it might not be a pump and dump.

That's an interesting factor actually not sure how many altcoins do come with built in testnets but if they do might stand a bit more legitimacy as a currency than one without it not universal but as a guideline

﹝crypto.com﹞  THE NEW STANDARD. ﹝Wallet﹞ ﹝Easiest way to buy or sell crypto﹞ ﹝Metal VISA credit card with cashback﹞  And best of all,
8% yearly interest on your crypto holdings. Make 1 BTC into 1.08 BTC completely risk-free. Register & download app
Pages: « 1 ... 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 [58] 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!