Ban Newbie Devs

[kelsey]

Being a newbie is not easy here.. i see how you guys are

But that's the thing these "newbie" dev's aint exactly newbie's 

[MicroGuy]

I wonder if it might help if coinmarketcap.com had some additional guidelines regarding which coins are eligible for a top 100 listing.

Perhaps if a coin had to be older than X before becoming top-100 eligible it might help slow down the churn and the coin mill.

[Joshuar]

I wonder if it might help if coinmarketcap.com had some additional guidelines regarding which coins are eligible for a top 100 listing.

Perhaps if a coin had to be older than X before becoming top-100 eligible it might help slow down the churn and the coin mill.

I was also thinking of this. There should be a mandatory "grace period" where a coin has to be out for at least 10 days or so, before it can be added to coinmarketcap.

[TaunSew]

I wonder if it might help if coinmarketcap.com had some additional guidelines regarding which coins are eligible for a top 100 listing.

Perhaps if a coin had to be older than X before becoming top-100 eligible it might help slow down the churn and the coin mill.

I was also thinking of this. There should be a mandatory "grace period" where a coin has to be out for at least 10 days or so, before it can be added to coinmarketcap.

I'm not sure if this would work - it doesn't stop the issue with developer whales or whales dumping at launch. .  all your proposed solution does is delay the inevitably by a couple of days.

[MicroGuy]

I was thinking a coin should be at least 90-days old before becoming eligible for a top 100 placement on coinmarketcap.com

[hellscabane]

I tend to agree with having a longer period before being listed on coinmarketcap.com. Usually a long period tends to weed out most of the crapshoot (i.e. people usually don't want to wait that long to cash in on a scam).

That said, there are some that will be "patient" enough to wait it out.

Frankly, the best solution is continuing to educate the newbies.

This might seem a bit draconian, but maybe instead of preventing people from posting, we prevent newbies from viewing posts in the announcement section. Or maybe we prevent them from viewing announcements from newbies. Since newbies are more frequently the ones who get scammed, making it difficult to find the scam information might end up making it harder on the scammers.

[ecoinspro]

wasn't a poll on this thread ?

still think that not allowing newbies to create ANN threads in altcoins
will prevent 95% of the scams

[Penis]

Umm...

Are we forgetting that many, if not most of the successful and legitimate altcoins were also created by newbie accounts? When Sunny King launched Peercoin, he was just a newbie with 11 posts. Later on he would go on to develop Primecoin. The [ANN] threads for Nxt, Qora, and Auroracoin were all posted under newbie accounts for anonymity reasons. Dogecoin was as well, although the creator of that coin hasn't chosen to remain anonymous.

[Steam20]

wasn't a poll on this thread ?

still think that not allowing newbies to create ANN threads in altcoins
will prevent 95% of the scams

I agree. Let's weed out the newbies coinmakers and get a cleaner and better scene.

[Steam20]

Umm...

Are we forgetting that many, if not most of the successful and legitimate altcoins were also created by newbie accounts? When Sunny King launched Peercoin, he was just a newbie with 11 posts. Later on he would go on to develop Primecoin. The [ANN] threads for Nxt, Qora, and Auroracoin were all posted under newbie accounts for anonymity reasons. Dogecoin was as well, although the creator of that coin hasn't chosen to remain anonymous.

I say, at least 100+ posts before making a New coin. That way you know the guy has read up on the scene.

[kelsey]

Umm...

Are we forgetting that many, if not most of the successful and legitimate altcoins were also created by newbie accounts? When Sunny King launched Peercoin, he was just a newbie with 11 posts. Later on he would go on to develop Primecoin. The [ANN] threads for Nxt, Qora, and Auroracoin were all posted under newbie accounts for anonymity reasons. Dogecoin was as well, although the creator of that coin hasn't chosen to remain anonymous.

And? I mean most you've listed there where/are scams. Just most here are to gullible and are detached complete from whats going on behind the scene.

[cameronpalte]

What about newbie devs who want to make a new account for their coin - I think doing this is unfair just find a way to ban the groups responsible for these scam coins.

[cameronpalte]

Umm...

Are we forgetting that many, if not most of the successful and legitimate altcoins were also created by newbie accounts? When Sunny King launched Peercoin, he was just a newbie with 11 posts. Later on he would go on to develop Primecoin. The [ANN] threads for Nxt, Qora, and Auroracoin were all posted under newbie accounts for anonymity reasons. Dogecoin was as well, although the creator of that coin hasn't chosen to remain anonymous.

And? I mean most you've listed there where/are scams. Just most here are to gullible and are detached complete from whats going on behind the scene.

I wouldn't call Peercoin, Primecoin, or Nxt a scam.


Dogecoin, Qora, and Auroracoin maybe but not the above three.

[kelsey]

but marketcap shows clearly what are the coins that bring something new to the table.

Not at all, lastest ones to go to the pointy end are based on bs, start a coin latest flavor (this weeks "anon") get few sockpuppets (on btt, and troll boxes on exchanges) to say its the latest amazing innovation, pay or bot vote it on major exchanges and the sheep (who have no friggin idea what innovation is unless they are told) help u pump it, (ones before that where country coins).

[SirChiko]

wasn't a poll on this thread ?

still think that not allowing newbies to create ANN threads in altcoins
will prevent 95% of the scams

You think too positively the real number is that there would be maybe 30% less scams.

[marcetin]

If we ban or forbid anything new than all of this has no meaning!
So bitcoin is a ponzi scheme as many said last years... or people just need to use they brains and invest their money more carefully.

Why we see everyday few new coins?
As I said year ago, cryptocurrencies is developing technology so many people try to take some advantage from it. Of course there are so many scammers, liars, fraud... because lot of people start mining/trading whit idea that they will make some great money in short time.  Sorry but you need to be genius or one of million lucky person.

Also, how you figure out when coin scam? Premine? Dev? Pump/dump?

How can you know what was intension of developer/s?
Ok, there are some obvious cases, but there are many coins whit new ideas(algorithms, psychology factors, usage, combinations with other technologies, etc).
We need to give a chance to every new hope.
The point of bitcoin and cryptocoins, in my mind, is that we are changing our perception of money in general.
I think that if all of this goes well some next generations will have less greed.
Utopia?

It is not the point to get there, but to have intension for it!

[kelsey]

So bitcoin is a ponzi scheme as many said last years..

Soon as I get to this point I discount all you say.....people learn what a ponzi scheme (most misused term on this forum) actually is (2 minute friggin wiki search) before mouthing off that you know something 

sorry one of my pet hates 

[marcetin]

So bitcoin is a ponzi scheme as many said last years..

Soon as I get to this point I discount all you say.....people learn what a ponzi scheme (most misused term on this forum) actually is (2 minute friggin wiki search) before mouthing off that you know something  

sorry one of my pet hates  

Sorry I forgot "?" at the end of that sentence

That was the question and the point was that people judge something without understanding it.

[cryptohunter]

it's very simple


1. all premines have to be held by escrow level members released to the devs for continued support over a long period of time.

2. fair release protocol to stop instamining


you will see VERY FEW new coins if just those 2 things were implemented.


these same devs just keep pumping coins out to cash in the instamines and premines. They have no other agenda.

You will need bcx or other hash whales to enforce it the first few times.... unless you have a strike pool with everyones bats set to that primary, it only activates against coins that do not follow those 2 fair rules.

[Steam20]

it's very simple


1. all premines have to be held by escrow level members released to the devs for continued support over a long period of time.

2. fair release protocol to stop instamining


you will see VERY FEW new coins if just those 2 things were implemented.


these same devs just keep pumping coins out to cash in the instamines and premines. They have no other agenda.

You will need bcx or other hash whales to enforce it the first few times.... unless you have a strike pool with everyones bats set to that primary, it only activates against coins that do not follow those 2 fair rules.

Makes sense, but who would police that - YOU?