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Author Topic: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Re-open  (Read 176699 times)
kelsey
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July 14, 2015, 08:27:12 AM
 #2061

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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July 14, 2015, 01:32:06 PM
 #2062

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?
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July 14, 2015, 02:15:35 PM
 #2063

hmm grand re-opening Mudda ?
I am all for it but is this going to amount to anything other than Coin-Shaming and Trolling / Fighting  (from the scammers playing dumb)
I tried to bring up alt tactics to fight the problem way back but it didn't do any good (caused lots of drama though) hahaha
It may be easier to just try listing the coins that ARE legit vs listing 1,000's of shit coins.

I think it's a bit different now in that there is more of an effort to continue to clean it up and before it was mainly just you against 100's of sock accounts trying to turn everyone against you. I think your right that it might be easier to just list the ones that are legit vs the scam/shady ones, plus you get better results focusing on positive aspects.

There are threads as well that can be linked to for specific scam accusations, Cryptodevil has been battling the Scrypt.cc Ponzi scheme the past month and also has links to a thread he created debunking with proof and a separate thread with ratings of different cloudmining threads.

Yay, Spoetnik !
Good to see you still around, even after all the drama.  Wink
Trying to get a non-scammy coin list together will never, ever work, though.
We might get as far as agreeing on BTC, then all hell will break loose as we take a look at Ripple and LTC, and shit will escalate badly when Dash, BTS and Nxt come up for discussion. How about Peercoin ?
Could be fun, but a lot of work..... Cheesy

I think that the best we (as a community) can do is to commit to stay as honest as possible with our own projects, and to point out scams and dishonesty whenever we see them.
Can't ask people to do much more than that, really, and if everyone does their best.......problem solved.

 

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
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July 14, 2015, 03:00:05 PM
 #2064

hmm grand re-opening Mudda ?
I am all for it but is this going to amount to anything other than Coin-Shaming and Trolling / Fighting  (from the scammers playing dumb)
I tried to bring up alt tactics to fight the problem way back but it didn't do any good (caused lots of drama though) hahaha
It may be easier to just try listing the coins that ARE legit vs listing 1,000's of shit coins.

Indeed, nowadays I just assume that all altcoins are shitcoins unless they're proven otherewise.  The shitcoins are basically arriving and closing every week, too many to keep up with.

One thing I asked about in this thread when it was open before and I never heard back about it was a list of coins actually taken down by this project.  As I understood it, the idea was to do >51% attacks on the shitcoins to close them.  Are there any examples of successfully attacked shitcoins?  I would participate in such an endeavour but I don't have any reasonably scrypt miner.  Nevertheless, I'm following along anxiously from the sidelines.
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July 14, 2015, 09:15:16 PM
 #2065

Hi Evil Dave Wink
tough call what can we do ? the REALLY scammy ones get hidden in the sea of crappiness.
singling them out is tough because most guys just won't care or pay attention I think (to what is called out)
shaming is the only option I see.. the method was used in history lots especially in politics..
like when the US fed reserve bailed out the big banks for about 3.64 trillion dollars and then the public heard about million dollar bonuses etc..
the public ran out and had protests etc (shaming)
this is typical through out history and seen here at the forum too !

what else ? 51% ?
well many are 100% IPO style coins etc ..would be less effective of an attack ?

I have grown to be more interested in focusing on the top biggest scam coins rather than trying to chase after them all.
I never go in the ANN section for example.. I just wait until one starts to pick up steam (in the main section) or if I am tipped off (like Blocknet)
Saying I had to learn to tone it down and be less aggressive with it all for the good of the intended purpose I have. (pick your battles) LOL
Need to appeal to the guys making them behind the scenes I think.. that is the key.

FUD first & ask questions later™
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July 15, 2015, 11:42:08 AM
 #2066

add bunnycoin to this list

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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July 15, 2015, 11:53:23 AM
 #2067

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

What about premine that is used to pay for the development?
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July 15, 2015, 12:44:04 PM
 #2068

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

What about premine that is used to pay for the development?

100% scamcoin.
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July 15, 2015, 12:45:21 PM
 #2069

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.
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July 15, 2015, 12:45:44 PM
 #2070

Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

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July 15, 2015, 12:54:03 PM
 #2071

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

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July 17, 2015, 06:13:24 AM
 #2072

Spoetnik suggested in another thread about some kind of super-dox thread where peoples pictures are associated with their alias's.

What are your opinions on this?

Also, something I think the Bitcointalk forums could do is some kind of thread rating system by long-term members or do what the Gethashing forums does with their threads and if there are claims that are not being verified then they move the thread to the watchlist section.

I understand that accounts are bought and sold but I don't think that would have a big impact to rating threads.
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July 17, 2015, 06:29:04 AM
 #2073

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.

..Stake.com..   ▄████████████████████████████████████▄
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July 17, 2015, 01:59:02 PM
 #2074

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.

Clam could have very easily had a pre/ninja/instamine if the developers (who set the cutoff date), created a shitload of dust addresses in doge, ltc, or btc blockchain. It probably would have cost them less than a penny to create thousands and thousands of doge addresses above the dust limit. I think it's a pretty poor distribution model.
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July 17, 2015, 05:06:36 PM
 #2075

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.

Clam could have very easily had a pre/ninja/instamine if the developers (who set the cutoff date), created a shitload of dust addresses in doge, ltc, or btc blockchain. It probably would have cost them less than a penny to create thousands and thousands of doge addresses above the dust limit. I think it's a pretty poor distribution model.

I thought the point of this thread was to carry out 51% attacks on the shittiest of the shitcoins just to rid them from the earth.  Not to shout about this or that person's distribution method.  From what I can tell, CLAM seems to actually have a fair number of miners/users---probably mainly because of just-dice---but in either case it seems like it hardly qualifies as the daily pum-n-dump coin that's all too common.
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July 17, 2015, 06:29:12 PM
 #2076

yes problem is crypto is just full of scamcoins now, too many to clean up, and many scaryingling doing every well on the crypto charts, sometimes the more you expose them the better they do  Sad

now my definition of a scamcoin is one created for the purpose of making the devs fiat. all ico, premines fit this category.

only premine that is acceptable, is when by design its distribution methods is via (properly controlled and documented) giveaways or similar. 

Has this ever happened?

Good point, I'm not sure that it has, never perfectly too my knowledge.

clam could be something like that or at least closer than most other distribution mdoels so far. though it's not possible to tell if the devs did create some kind of ninja-premine for themselves by choosing a certain date that would benefit them.

To my knowledge Clam couldn't have a Premine since it was distributed among addresses equally by a certain date
The only way to premine in the developer sense was to have a significant list of transactions to withdraw clams from at distribution
That said staking offsets a lot of that as the clam supply has grown a fair bit since then.

Clam could have very easily had a pre/ninja/instamine if the developers (who set the cutoff date), created a shitload of dust addresses in doge, ltc, or btc blockchain. It probably would have cost them less than a penny to create thousands and thousands of doge addresses above the dust limit. I think it's a pretty poor distribution model.

I thought the point of this thread was to carry out 51% attacks on the shittiest of the shitcoins just to rid them from the earth.  Not to shout about this or that person's distribution method.  From what I can tell, CLAM seems to actually have a fair number of miners/users---probably mainly because of just-dice---but in either case it seems like it hardly qualifies as the daily pum-n-dump coin that's all too common.

I don't think Clams qualifies as something that should be cleaned up or hardforked and I doubt that you could hardfork it even if you wanted to. It's only really theory to say that they would have unfairly benefited from the distribution and has done well in both price and development anyways so I think it's a moot point.
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July 20, 2015, 09:18:48 PM
 #2077

Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!
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July 20, 2015, 10:24:49 PM
 #2078

Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!


Can you please provide some facts demonstrating that CIRC isn't a scam, rather than a brief statement which leaves readers to take your word for it?

"Oh hey they said "CIRC IS NOT A SCAM!!!!!" over on bitcointalk, so imma go with that."


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DICE GAME
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illodin
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Activity: 966
Merit: 1003


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July 20, 2015, 10:26:25 PM
 #2079

Add DIBBITS, GLOBE, CIRC, ASN, VIRAL  to the list.

thanks

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!


Can you please provide some facts demonstrating that CIRC isn't a scam, rather than a brief statement which leaves readers to take your word for it?

"Oh hey they said "CIRC IS NOT A SCAM!!!!!" over on bitcointalk, so imma go with that."

It is backed by respected bitcointalk members, such as Bobsurplus.
Cryddit
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July 21, 2015, 08:14:44 PM
 #2080

CIRC IS NOT A SCAM!!!!!

THIS PERSON IS A TROLL!!!!!

Aw, come on.  It's an altcoin.  How can it not be a scam?
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