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Author Topic: I Need to Rave About All these Shitcoins  (Read 1238 times)
Ineedtoravenow (OP)
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July 10, 2014, 04:37:26 PM
Last edit: July 10, 2014, 10:38:10 PM by Ineedtoravenow
 #1

Premise : This is just a sock account, in reality I've been here for close to 6 months and witnessed all this alt-coin shit. I haven't lost out on any of these coins, I'm just annoyed that the few alt-coins that are actually innovative are lost among all this sea of shit.

First it was the country coins, then it was IPO coins, then the PoW/PoS hybrid coins, right now the Anon coins of which none really work (barring 1 or 2) currently, and next it will be the "backed by commodity coins"

In the 6 months that I've been here, there has been a non-stop cycle of shitcoins that are born right after an innovative coin (or in some cases) shit coin becomes successful. First it was AuroraCoin, which started the contry-coin craze) and then AphroditeCoin, and then SpainCoin etc etc. Then Reddcoin and exoCoin with the IPO's, there are one or two that were successful though and maybe a few more that will be in the future, the rest was just utter shit. Then BlackCoin came along with the PoS craze, then DarkCoin and now all the Anon shit.

The worst part is that people buy into this shit over and over and keep it going. I see coins that launch without a website and graphics that seem to be designed in paint, literally the presentation of some of these coins are so bad I could masturbate, put my sperm in a cup, leave it to rot for a month, then take it smear it on some toast, and take a picture of myself eating it and put it as one of these shitcoin's logo and it would still get added to MintPal or Bittrex to be pumped, dumped and then shat on.

Oh and don't forget all the posters with an Activity of less than 5, that have been registered the day before the OP of the ANN thread of said shitcoin that pop up, seemingly out of the coin creators ass and start screaming "Shitcoin to the moon" and so forth.

The next cycle of shitcoins will be the "commodity coins"  which will be started by the recent pump of Uro, a coin backed magically by Urea, which for those of you who don't know is piss. I honestly don't know who bought into this, but kudos to them they would've got piss lucky (pun intended).

EDIT : Don't forget all the new shitcoins that pop up with these new X"insert number here" algorithms. First it was X11, then X13 , now X15 and I'm pretty sure I've seen a few with X17, pretty soon we'll have coins with the X69 algorithm.

I will end off my rave by saying this, the real innovative coins to look out for are these (it's a big list, but I'm not biased)

BlackCoin
BitShares
CloakCoin
DarkCoin
NXT
Qora
ReddCoin
VertCoin
XCoin/XCurrency

/end rave




skottiejay
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July 10, 2014, 04:46:57 PM
 #2

I sadly would have to agree with this, I'm getting tired of seeing the [ANN] of some new coin that's basically just a shitty rip-off of another coin that someone is going to walk away with other peoples money and never be seen again. Luckily I haven't fallen into that trap myself, I almost did with one coin (won't name it) but I decided to just wait it out and see and sure enough the mod/dev was nowhere to be found for almost 5 pages of threads until they decided to pop up and declare that there needed to be a "fork". I'm not a programmer, I have no knowledge of making these coins I'm sure there's some earnest time involved but a good coin needs to be backed by it's dev.

It just seems every day there's some new coin being shat out and I'm tired of reading about it, there should be a limit on how many alt coins are out in the world. I got a phone call from some random guy about BTCitcoin and he told me there were like 300 altcoins out on the market today, I mean doesn't anyone else find that ridiculous?

What else could I say?
rokkyroad
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July 10, 2014, 04:48:45 PM
 #3

Thanks for posting all your   * bags *.

Sorry, someone else would have said it.

Seriously, you are absolutely right for the most part although I may disagree on some of your coin choices.

Why not use your ' real ' id? Your post is not that inflammatory.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
skottiejay
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July 10, 2014, 04:56:46 PM
 #4

Yeah come out in the world and tell us who you are!

I have no problem telling people things like this at all, I think a lot of the coins that are flooding the market are crap seriously. And I don't understand PoS PoV or whatever and I don't care to, what I want is the coins so that I can eventually trade them out for something better (BTC) and earn enough to finance my future.

What else could I say?
mnporter2001
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July 10, 2014, 04:58:07 PM
 #5

I have to say, I'm starting to get a little concerned about NXT, I appreciate one of the whales is off loading a lot of coins at present, but even so the price has lost nearly 50% in the last week or so.

That being said, I'm taking advantage and buying, but am re assessing where I though NXT may be by the end of the year, I'm not sure its going to get where I thought it was going to get to

Cheers
Mark


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Ineedtoravenow (OP)
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July 10, 2014, 05:01:40 PM
 #6

Yeah come out in the world and tell us who you are!

I have no problem telling people things like this at all, I think a lot of the coins that are flooding the market are crap seriously. And I don't understand PoS PoV or whatever and I don't care to, what I want is the coins so that I can eventually trade them out for something better (BTC) and earn enough to finance my future.

Nah man, I use my actual forum ID for business and stuff like that, this kinda thing would harm my reputation Wink, anyway give it a day and you'll no doubt see the believers of any of the shitcoins I mentioned are shit come in here and post why their coin will take them to Uranus (pun intended again) and beyond
Ineedtoravenow (OP)
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July 10, 2014, 05:03:59 PM
 #7

I have to say, I'm starting to get a little concerned about NXT, I appreciate one of the whales is off loading a lot of coins at present, but even so the price has lost nearly 50% in the last week or so.

That being said, I'm taking advantage and buying, but am re assessing where I though NXT may be by the end of the year, I'm not sure its going to get where I thought it was going to get to

Cheers
Mark

Yeah some really hectic stuff has been going on there, first the guy that hacked one of the most trusted community members account and stole 400 BTC in one forum post, now I heard today one of the largest holders lost 6M NXT through some hack on his account. The hack totaled 1170 BTC
cryptozim
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July 10, 2014, 05:11:48 PM
 #8

now I heard today one of the largest holders lost 6M NXT through some hack on his account. The hack totaled 1170 BTC

I saw this posted by a troll in one of the threads that I follow, but so far have been unable to substantiate it.

BTC: 15h26g3SUu6iXUi1phv5FHmASc5hDeGHpJ | LSK: 840098997497226041L | CSC: cMsbRGMLzu7Ss8L7Vv6osksUyt5P322uxS
Ineedtoravenow (OP)
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July 10, 2014, 05:15:07 PM
 #9

now I heard today one of the largest holders lost 6M NXT through some hack on his account. The hack totaled 1170 BTC

I saw this posted by a troll in one of the threads that I follow, but so far have been unable to substantiate it.

I read it somewhere, but can't seem to remember where. There's an official post on Twitter that says that guy lost his NXT so it probably is legit.
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July 10, 2014, 05:29:00 PM
Last edit: July 10, 2014, 05:41:40 PM by BitcoiNaked
 #10

BlackCoin
100% instamined in 1 fcking week, overrated

BitShares
Don't know about it

CloakCoin
Overrated hype coin without any future

DarkCoin
40% instamined in the first day, anon hype fading

NXT
100% instamined and gave out to a few

Qora
Overrated NXT wannabe won't go anywhere

ReddCoin
Many 51% attacks, probably instamined, overrated won't go anywhere

VertCoin
Heavily instamined, wants to ride the anonymity hype which was too late, price didn't do shit

You might say yeah but all those instamine go to developers activity, yeah fcking right.
ThomasCrowne
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July 10, 2014, 05:38:07 PM
 #11

BlackCoin
100% instamined in 1 fcking week, overrated

BitShares
Don't know about it

CloakCoin
Overrated hype coin without any future

DarkCoin
40% instamined in the first day, anon hype fading

NXT
100% instamined and gave out to a few

Qora
Overrated NXT wannabe won't go anywhere

ReddCoin
Many 51% attacks, probably instamined, overrated won't go anywhere

VertCoin
Heavily instamined, wants to ride the anonymity hype which was too late, price didn't to shit

You might say yeah but all those instamine go to developers activity, yeah fcking right.
Sure it does...if you define developer activity as visiting foreign lands and sipping Mai-Tais on the beach!

cryptozim
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July 10, 2014, 06:03:53 PM
 #12

now I heard today one of the largest holders lost 6M NXT through some hack on his account. The hack totaled 1170 BTC

I saw this posted by a troll in one of the threads that I follow, but so far have been unable to substantiate it.

I read it somewhere, but can't seem to remember where. There's an official post on Twitter that says that guy lost his NXT so it probably is legit.

Yeah, finally found the official thread over at the NXTForum: https://nxtforum.org/general-discussion/general-security-and-klee-theft-situation/

BTC: 15h26g3SUu6iXUi1phv5FHmASc5hDeGHpJ | LSK: 840098997497226041L | CSC: cMsbRGMLzu7Ss8L7Vv6osksUyt5P322uxS
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July 10, 2014, 06:10:14 PM
 #13

@OP
every coin in your list is scammy clone bs garbage..
and you didn't use your normal account because your a hypocrite jumping on the anti-shit coin trend.

where the fuck where you when i was saying what you said (WORD FOR WORD) every day for a fucking year ?
oh that's right using another account to argue with me spouting dumb excuses.. guaranteed !

i think 90% of you all in this scene are full of a million pounds of shit big time !

I didn't see anyone agreeing with me before as i took a blood bath beating day in and day out.
now your new trend is Shit coin bashing..
While you quietly support them or try and pawn off your shit coins as one of the good ones.
Yet just another trend and REAL smart people see through trends.. so you fail no matter what you do and how hard you try
all of you will be transparent.

only reason you guys are hopping on this trend now is you seen i was right ALL ALONG !
it has caused tons of people to leave and prices have tanked and noobs got smarter and sick of getting Ponzi'd at Bitcointalk.
And this comment by the OP is an attempt to keep doing it while pretending to be all cool on the current trend LOL

I told you all so.. i predicted all this shit to the day time after time after time after time...

FUD first & ask questions later™
Gleb Gamow
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July 10, 2014, 06:14:33 PM
 #14

Quote
...some of these coins are so bad I could masturbate, put my sperm in a cup, leave it to rot for a month, then take it smear it on some toast, and take a picture of myself eating it and put it as one of these shitcoin's logo and it would still get added to MintPal or Bittrex to be pumped, dumped and then shat on.

Seriously enjoying your diatribe on this potent issue, but had to pause to ask if theirs a ticket symbol yet for the coin described above so that one can track its progress.  Grin

Back to reading, and thanks in advance for this thread, duly hoping I'm not disappointed with its content.

EDIT: Finished reading and will hold my tongue, albeit I enjoyed the OP up to the list therein.
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July 10, 2014, 06:30:35 PM
 #15

The reason that some win, and most fail is not luck. It's stupidity, and this thread is good evidence of that.
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July 10, 2014, 07:46:57 PM
 #16

I'm just annoyed that the few alt-coins that are actually innovative are lost among all this sea of shit.

I agree, its sad. I think what happened was we finally have the technology to put greed on super overdrive. I think the bubble is currently collapsing. I don't want to have to kill all my experimental investments but yeah, these aren't exactly children or puppies. They're just lines of computer code.


The reason that some win, and most fail is not luck. It's stupidity, and this thread is good evidence of that.

What?

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El Dude
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July 10, 2014, 08:08:29 PM
 #17

BlackCoin
100% instamined in 1 fcking week, overrated

BitShares
Don't know about it

CloakCoin
Overrated hype coin without any future

DarkCoin
40% instamined in the first day, anon hype fading

NXT
100% instamined and gave out to a few

Qora
Overrated NXT wannabe won't go anywhere

ReddCoin
Many 51% attacks, probably instamined, overrated won't go anywhere

VertCoin
Heavily instamined, wants to ride the anonymity hype which was too late, price didn't do shit

You might say yeah but all those instamine go to developers activity, yeah fcking right.

and this is why Litecoin destroys all these coins +1

Bitcoin and Litecoin hodler
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July 10, 2014, 09:26:12 PM
 #18

@OP
every coin in your list is scammy clone bs garbage..
and you didn't use your normal account because your a hypocrite jumping on the anti-shit coin trend.

where the fuck where you when i was saying what you said (WORD FOR WORD) every day for a fucking year ?
oh that's right using another account to argue with me spouting dumb excuses.. guaranteed !

i think 90% of you all in this scene are full of a million pounds of shit big time !

I didn't see anyone agreeing with me before as i took a blood bath beating day in and day out.
now your new trend is Shit coin bashing..
While you quietly support them or try and pawn off your shit coins as one of the good ones.
Yet just another trend and REAL smart people see through trends.. so you fail no matter what you do and how hard you try
all of you will be transparent.

only reason you guys are hopping on this trend now is you seen i was right ALL ALONG !
it has caused tons of people to leave and prices have tanked and noobs got smarter and sick of getting Ponzi'd at Bitcointalk.
And this comment by the OP is an attempt to keep doing it while pretending to be all cool on the current trend LOL

I told you all so.. i predicted all this shit to the day time after time after time after time...

agreed with this guy, OP is a fucking waste man. You been here what 6 months? who gives a fuck, your opinion dont mean shit, "oh i have a reputation to care for", fucking joke. Do you  need make a new post for this shit? Like there aren't already posts like this created by all the new roaches? A new account on top of that. Get the fuck out of here, go back on your regular account , dont post on this account anymore.
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July 10, 2014, 09:31:24 PM
 #19

I told you all so.. i predicted all this shit to the day time after time after time after time...

Nobody cares.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
skottiejay
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July 10, 2014, 09:32:05 PM
 #20

wow.

and this is the tipping and caring community?

just because one person had an opinion first doesn't mean other people can't share it, or he might not have seen whoever that was posts. this is exactly what the bitcoin community is the way it is because of posts like this.

someone was expressing his feelings and he got jumped on.

good luck with your bitcoin, you'll need it. good luck being a "community" because all i see in this thread and several others like it is a community falling apart as the rich get richer and the poor get nothing.

good job showing your true colors.

What else could I say?
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