Ban Newbie Devs

[r0ach]

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 

I have made a case on several occasions that proof of stake coins exist that do fulfill the ponzi requirement like I talked about in this post:

https://bitcointalk.org/index.php?topic=624223.msg7181653#msg7181653

I would also classify most coin devs as "newbie" devs since the majority, even if good programmers, completely ignore all rational economic aspects as I mentioned in this post:

https://bitcointalk.org/index.php?topic=644349.0

[Steam20]

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 

I have made a case on several occasions that proof of stake coins exist that do fulfill the ponzi requirement like I talked about in this post:

https://bitcointalk.org/index.php?topic=624223.msg7181653#msg7181653

I would also classify most coin devs as "newbie" devs since the majority, even if good programmers, completely ignore all rational economic aspects as I mentioned in this post:

https://bitcointalk.org/index.php?topic=644349.0

There is a Nice ponzi scheme going on @ Vericoin right now.

 

[kelsey]

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  

I have made a case on several occasions that proof of stake coins exist that do fulfill the ponzi requirement like I talked about in this post:

https://bitcointalk.org/index.php?topic=624223.msg7181653#msg7181653

And I would completely disagree that these fit the ponzi scheme model.

But I agree with you about lack of understanding of economics across the board here..

I find from developers through to exchanges such as cryptsy always defend their actions quoting economic principles that by their actions show they have extremely erroneous understanding of, too an almost laughable level.

[thenite0wl]

making devs have atleast 100 posts, or any number, won't work. you will just see massive amounts of spam posts in every thread.

everyone keeps talking about being sick of greedy devs who turn over coin after coin. what about the greedy miners and traders who deal these coins knowing they are crap only because they think they can turn a quick profit. i think the fake pumps, trading bots and market manipulation is more to blame. if you make a coin that is crap then no one should buy it and it should die naturally. that doesn't happen because there is greed everywhere.

if they build it we will come.

[hellscabane]

if they build it we will come.

It seems that this is a fair consensus among a lot of the posters, so I'll throw this out again:

[Since newbies most commonly get caught in these scams, we could...] prevent newbies from viewing posts in the announcement section. Or maybe we prevent them from viewing announcements from other newbies.

[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.

Makes sense, but who would police that - YOU?

As i said you would need to bring some big hash players in to police it.  After a few coins that try to grab a big premine or instamine are taken out , people won't bother trying to mine them further. Really though it is everyone ones interest that is here now except the dev scammers and pals.

Really it should be obvious by now, take away the premine and instamine and there is no reason to pump out 20 shitcoins per day only to abandon them later.

Any dev refusing to let the premine be held by escrow and released slowly over time is obviously out to scam. Same for those refusing to release under fair release protocol which would be laid out to prevent instamine.

These zero post devs are a few people that just love getting to dump their premine/instamines on a ton of noobs and take their btc. Stop them doing that and they will vanish.

[bykardinal]

low activity developer bans can be bad for bitcointalk in future. They just will relize new coins on other forum.

[thenite0wl]

the major problem with this whole alt con scene is that poeple believe they are dealing in crypto currencies when in fact none of these coins will ever be used for that. a select few might actually break through but so far it's only bitcoin. all these alt coins are nothing more than gambling. plain and simple. and when you gamble you are likely to lose. there is not one of us here that hasn't lost something in a coin that we speculated was more than it was. sure there are plenty of winners, and some or them have huge holdings, but every btc they got ahead came from some one who lost that btc. when dealing with gambling there is always going to be greed and as a result will come the deceitful dealings.

[JazzManLoveBTC]

the major problem with this whole alt con scene is that poeple believe they are dealing in crypto currencies when in fact none of these coins will ever be used for that.

Here is smart guy. All these scams are here just becouse people believe in altcoins and in dealing that they motivate scams for cheating

[digitalindustry]

number one policy advice :


"Don't ban entities just sort them in different ways"

in a field of information the best way too sort it in a basic way and then let the market define it.

[MidnightRon]

number one policy advice :


"Don't ban entities just sort them in different ways"

in a field of information the best way too sort it in a basic way and then let the market define it.

+1. As i said at the second page - banhammer has no power nowadays and only educated community can understand and analyze what information they read.

[jokudaman]

number one policy advice :


"Don't ban entities just sort them in different ways"

in a field of information the best way too sort it in a basic way and then let the market define it.

How would you sort em? is it possible?

[HYPERfuture]

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?

As i said you would need to bring some big hash players in to police it.  After a few coins that try to grab a big premine or instamine are taken out , people won't bother trying to mine them further. Really though it is everyone ones interest that is here now except the dev scammers and pals.

Really it should be obvious by now, take away the premine and instamine and there is no reason to pump out 20 shitcoins per day only to abandon them later.

Any dev refusing to let the premine be held by escrow and released slowly over time is obviously out to scam. Same for those refusing to release under fair release protocol which would be laid out to prevent instamine.

These zero post devs are a few people that just love getting to dump their premine/instamines on a ton of noobs and take their btc. Stop them doing that and they will vanish.

I've been trying to get a reputable Hero Member here to hold 500 000 HYPER of our premine (which is for MMO development) and I haven't found anyone who agrees to holding it in escrow for me yet ...

[MissCrypto]

the major problem with this whole alt con scene is that poeple believe they are dealing in crypto currencies when in fact none of these coins will ever be used for that. a select few might actually break through but so far it's only bitcoin. all these alt coins are nothing more than gambling. plain and simple. and when you gamble you are likely to lose. there is not one of us here that hasn't lost something in a coin that we speculated was more than it was. sure there are plenty of winners, and some or them have huge holdings, but every btc they got ahead came from some one who lost that btc. when dealing with gambling there is always going to be greed and as a result will come the deceitful dealings.

+1

[Sunnyfive]

good idea, kick off the scam coin

[HYPERfuture]

Let me rephrase my previous post.

I'm currently looking for a reputable Hero Member or escrow to manage the 500 000 HYPER fund we have allocated to fund the development of the space based MMO HYPER is developing. We are looking to establish more trust and credibility for HYPER and to show the community we are serious about our projects and NOT interested in dumping our premine (that would only devalue the coin which would mean we couldn't fund the MMO development).

More information about HYPER can be found here: https://bitcointalk.org/index.php?topic=624651.0

I would be very grateful to anyone who may be able to recommend a reputable escrow. Unfortunately well known escrows like Anon 136 and Tomato Cage are too busy to escrow the HYPER funds.

Thanks

[Justin00]

don't most devs create new accounts to be anonymous ?
seems like banning them would ban a large percentage of them ?
people forget they were newbies at one stage