Petition to introduce minimum activity count for ANN thread starters

[rugrats]

In recent months (years?), we have been bombarded with an uneding series of coins from fresh, brand new alt accounts. In the past month alone, I've lost count at the number of 'anon' coins released with accompanying kiddie whitepapers. That, by itself,  is not the problem.

The problem lies in how this anonymity allows a 'dev' to easily create multiple accounts to release multiple coins designed exlusively for exchange pump and dumps and IPO scams.

By enacting a minimum activity count requirement for ANN thread starters, say, 100 activity, these 'devs' will have to invest time in the forum before being able to launch their coins.

Some would argue that people can still nurture alt accounts to fulfill the 100 activity requirement, or even just purchase accounts.
However, the post history behind these accounts will still be valuable for forum participants to judge the merits of the claims made by individual developers.
An account that spent 3 weeks collecting giveaways before suddenly announcing the launch of a fancy new coin will hardly be taken seriously, right?

Some would even argue that scams, P&D and fake IPOs can be perpetrated by established members. Sure, but they can only do it once using that account.

The mods of this forum are known for their grinding, bureacratic anti-change policy.
But if enough people lend their support to this proposal, I believe they might just eventually be sufficiently motivated to make this change.

Unless there is some really, really, super good reason that I cannot possibly imagine, there is absolutely no logical reason why we should continue to allow coins to be released by zero-post alt accounts.

What say you?

[Spoetnik]

You do realize it used to be that way already but staff removed it right ?

and i agree.. you got my support.

[rugrats]

You do realize it used to be that way already but staff removed it right ?

and i agree.. you got my support.

I wasn't aware of that. Did they give a reason for the removal, Spoetnik?

[Spoetnik]

I have no idea why they removed the so called "Nooby Jail"
it was not exactly as you proposed but sort of similar..

i also do not know exactly when it was pulled either but it was many months back.
there was no warning to us at all either it just happened randomly and quietly behind our backs.

kind of sleazy.. that is not what i signed up for

[rugrats]

I see. Thank you for the explanation.

[boxuser]

not sure if scams are possible to be avoided in generally, but BCT not allowing giveaways has pissed off quiet many people i think

[Spoetnik]

i just seen a story with GITHUB
http://torrentfreak.com/mpaa-pulls-popcorn-time-off-github-140711/

what that made me think is if we complained maybe Github would take these crap coins down ?

or better yet if Regulation is imposed all it's going to take is a call from the Feds and mass coins will get pulled.
In a normal stock market type industry most of these so called coins would be considered Ponzi / Pyramid schemes
and guys would get jail time !
They would also get a lot of jail time for insider trading and fraud..
and it does not look good when this place deliberately aids this activity.. they may soon be on a slippery slope legally.. not smart !
It's one thing for them to sit there and play dumb vs making it easier on purpose to post digital pyramid schemes.

I think guys better start using there brain because if Regulations are imposed there could be instant arrests on the spot all over !
And regulations can be added and imposed very fast too.

I think the FBI etc have been here with us all along too.. they usually do investigations that span many years.

But hey, do what ya want see if i care.. i won't be the one doing jail time with Martha Stewart or Berni Madoff and his associates.
His associates tried the playing dumb defense in court and it failed miserably and they were given jail time for their support of Ponzi schemes.

[rugrats]

not sure if scams are possible to be avoided in generally, but BCT not allowing giveaways has pissed off quiet many people i think

It can't be eradicate completely, I agree, but reducing it would be a good start.
Just to share with you, I stumbled across two 'devs' in the past 2 weeks with a total of five coins.
I told an exchange owner (and provided evidence) that one of the devs, with a coin just added the previous week, was trying to get another one listed.
The exchange owner laughed, and the next day, the second coin was listed. 

I am not familiar with the situation with the giveaways, but I can sort of imagine why it was banned and why coin owners would be annoyed with it.

[rugrats]

i just seen a story with GITHUB
http://torrentfreak.com/mpaa-pulls-popcorn-time-off-github-140711/

what that made me think is if we complained maybe Github would take these crap coins down ?

I don't think we could do this. Do you think it/they/Github could/would?

or better yet if Regulation is imposed all it's going to take is a call from the Feds and mass coins will get pulled.
In a normal stock market type industry most of these so called coins would be considered Ponzi / Pyramid schemes
and guys would get jail time !
They would also get a lot of jail time for insider trading and fraud..
and it does not look good when this place deliberately aids this activity.. they may soon be on a slippery slope legally.. not smart !
It's one thing for them to sit there and play dumb vs making it easier on purpose to post digital pyramid schemes.

I think guys better start using there brain because if Regulations are imposed there could be instant arrests on the spot all over !
And regulations can be added and imposed very fast too.

I think the FBI etc have been here with us all along too.. they usually do investigations that span many years.

But hey, do what ya want see if i care.. i won't be the one doing jail time with Martha Stewart or Berni Madoff and his associates.
His associates tried the playing dumb defense in court and it failed miserably and they were given jail time for their support of Ponzi schemes.

Yes, that is true. I've read how the FBI would sometimes spend up to a decade on cases.
But the jurisdictional constraints would be enormous here.

[Spoetnik]

well i hope guys realize it's not MY interpretation of law they need to be concerned about lol

and the exchange story is typical.. they know what they are doing.. hell a LOT of exchange staff make / release coins.

from an outsiders perspective this all looks bad.. time to step away and get real perspective in things i think.

a good start is what you suggested for sure !

edit:
i checked other day and there was over 330,000 accounts here !

[stormia]

well i hope guys realize it's not MY interpretation of law they need to be concerned about lol

and the exchange story is typical.. they know what they are doing.. hell a LOT of exchange staff make / release coins.

from an outsiders perspective this all looks bad.. time to step away and get real perspective in things i think.

a good start is what you suggested for sure !

edit:
i checked other day and there was over 330,000 accounts here !

I wonder how many are fake/sockpuppets

[mazuma]

 anotehr 2014 newbie coming out with proposed changes. . If people are stupid and want to invest in these coins then so be it. Even these so called pumps and dumbs have potential for money to be made. just because someone ends up coming out as the loser. Play the game, if you cant, then leave. Simple as that. Bunch of whiny fcking sore losers in this forum now a days. I for one get entertained seeing all these new coins come out, and every single "scam" coin as you put no matter how recycled the coin may be, has potential money to be made. Aside from that, if idiots want to invest in so called IPOS, pay a premium on a coin when coin specs show potential of a dump by developer or momentum trading shows that it is not the time to buy this so called scam coin, you can stay in the clear, make profit and avoid having huge loses. Crying for changes is not the answer here but getting educated is. After all someone else mentioned this in another thread, this is the Wild west of crypto.

[smalltimer]

people need to learn to stay away from coins that are fully mined within a few days (recent pos-coins).
Also maybe hold off a bit with investing and watch it first for a few weeks before going in. No need for regulation. Grow some brains.
Just be careful with investing in brand new stuff. Better invest in coins that have been around for a while to be more safe. On the other hand requiring 50 to 100 posts is not all that bad.

[TheCloser]

anotehr 2014 newbie coming out with proposed changes. . If people are stupid and want to invest in these coins then so be it. Even these so called pumps and dumbs have potential for money to be made. just because someone ends up coming out as the loser. Play the game, if you cant, then leave. Simple as that. Bunch of whiny fcking sore losers in this forum now a days. I for one get entertained seeing all these new coins come out, and every single "scam" coin as you put no matter how recycled the coin may be, has potential money to be made. Aside from that, if idiots want to invest in so called IPOS, pay a premium on a coin when coin specs show potential of a dump by developer or momentum trading shows that it is not the time to buy this so called scam coin, you can stay in the clear, make profit and avoid having huge loses. Crying for changes is not the answer here but getting educated is. After all someone else mentioned this in another thread, this is the Wild west of crypto.

Really? Your account was created in December of 2013. A mere 18 days from being a "2014 newbie".....

[rugrats]

anotehr 2014 newbie coming out with proposed changes. . If people are stupid and want to invest in these coins then so be it. Even these so called pumps and dumbs have potential for money to be made. just because someone ends up coming out as the loser. Play the game, if you cant, then leave. Simple as that. Bunch of whiny fcking sore losers in this forum now a days. I for one get entertained seeing all these new coins come out, and every single "scam" coin as you put no matter how recycled the coin may be, has potential money to be made. Aside from that, if idiots want to invest in so called IPOS, pay a premium on a coin when coin specs show potential of a dump by developer or momentum trading shows that it is not the time to buy this so called scam coin, you can stay in the clear, make profit and avoid having huge loses. Crying for changes is not the answer here but getting educated is. After all someone else mentioned this in another thread, this is the Wild west of crypto.

Really? Your account was created in December of 2013. A mere 18 days from being a "2014 newbie".....

TheCloser, I take it you are comfortable with anonymous 'devs' dominating the ANN thread with their coin releases? I'm not.
To be honest, I'm not sure what research or education anyone can obtain from these new accounts.
I would rather have known developers launching coins. Only then can we conduct proper research.
Yes, there are inherent risks in crypto, but I'd like to think it's more than just the blind luck of the draw.

Anyway, the "wild west of crypto" is not something we should be proud of.
The romanticization of the wild, wild, west - the American frontier - often makes people forget the savagery, lawlessness and ignorance of the era.

[Spoetnik]

wow the excuse train rolls out with the classics as usual  

heard em all before..

and being a noob or not does not change what he said.
i am not a noob and i agree with him and have said the same as him previously lots.
and so have many others.

Your core defense guys is blaming the victim..
A women gets raped ? well she dressed like a slut.. that's about it really.
..pathetic.

I am entitled to scam people it's my right is all i'm hearing..
And NO it's not !

Also it goes way beyond scammyness..
Hell i don't even look at the ANN section since 2014 now.. it's pointless
if there is a good coin in there it's buried to page 30 quick by guys spamming this place with scam coin propaganda
and elaborate games and lies.. one guy recently admitted here he created 60+ accounts simply to pretend to like some new coin.

Either your ignorant and don't know what is going on or your playing dumb .
Either way you guys are a part of the problem.. hell your not "part" of the problem, you ARE the problem.
No reasonable decent human being defends these scammy stunts.. you guys should be ashamed of your selves your despicable !


This is not my web site and they can run it how they want.. and i can ask for it to be improved or warn them they may be in legal trouble soon.

Game over guys.. enjoy your little Scam Free Market™
Because it's rapidly disintegrating and will be virtually destroyed soon enough and those of you that destroyed it WILL be held responsible i will make sure of it !

[soulcity]

caveat emptor

[Spoetnik]

moved and buried lol

[rugrats]

moved and buried lol

My goodness!

[sonysasankan]

I doubt it is something as extreme as blaming the victim. Giving power to a few people to govern the larger has never led to any good anywhere.

Just follow the incentives. Scammy coins are popular because there is an incentive to make them. Making it harder to make them (aka min activity, etc) will not remove the incentive. It will only make the pot sweeter and more intelligent and higher quality scams to prevail. So long as there are uninformed idiots buying a coin with the intention to sell it higher to the next uninformed idiot, "hype" and scams will prevail. Cutting off the incentives for making shit coins requires an effort from the "customer" side, not punishment to the "provider" side... ie "people need to stop giving a damn", NOT "scammers need to stop making shitcoins".

Taking the easy way out by regulating the flow of shitcoins, you are inadvertently giving people an incentive to STAY ignorant.  You are artificially shielding them from being accountable for their actions. Its a billboard saying "Do not bother, I will think for the both of us".

A good example for some perspective, is drugs. Making them illegal, made the supply small and demand stay the same. Priced ranged from 30 - 300x the "old" price. This profit margin brought in the incentive to get bigger better smarter more organized people into the scene and the "punishment" drove away the small timers. Fast forward 30 years, you have more potent more addictive more expensive drugs, more crime to pay for the use, and overall blanket fucked up ness that started with the regulation. Now imagine the screnario if the resources spent on enforcing the regulation was spent on reducing the demand.

Its the same with shitcoins. Nothing is going to stop it from balancing it out until the demand for it dwindles. Besides, Bitcointalk is just a medium to announce. Take that away (or limit it) and you are essentially putting forth a void for the next five smart asses to compete for a platform and provide a new better Bitcointalk to fill the void. Which... coming to think of... is not all that bad. The forum structure, navigation, UI, and all is so very 90's and could use an overhaul.