Crypto leavers club

[rugrats]

It's always the juniour accounts and members who say they are leaving.   

You laugh but that's not really funny. That's exactly the problem. New people come in to alts and get scammed. That's pretty much the business model for the majority of projects here unfortunately.

People don't know what to invest in so they invest in the ones that show things like PoD and have shiny marketing. Except in my experience those things are more likely to be indicative of a bad investment or outright scam.

I absolutely agree.

'Buyers beware' and 'do your own research' are just cliched, convenient and increasingly ridiculous excuses given whenever instances of scams and frauds emerge.

The fact is, this forum has devolved into a perfect environment for scammers, aided chiefly by the apathy of the forum admins. Most new market participants inevitably just turn away from any further involvement. Meanwhile, dewy-eyed proponents of some quaint and romantic notions of decentralization seem incapable of seeing the lawless and barbarous market taking shape here. Left on its own, I fear cryptocurrency could well be destroyed at its very place of birth.

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[Zer0Sum]

It's always the juniour accounts and members who say they are leaving.  

You laugh but that's not really funny. That's exactly the problem. New people come in to alts and get scammed. That's pretty much the business model for the majority of projects here unfortunately.

People don't know what to invest in so they invest in the ones that show things like PoD and have shiny marketing. Except in my experience those things are more likely to be indicative of a bad investment or outright scam.

I absolutely agree.

'Buyers beware' and 'do your own research' are just cliched, convenient and increasingly ridiculous excuses given whenever instances of scams and frauds emerge.

The fact is, this forum has devolved into a perfect environment for scammers, aided chiefly by the apathy of the forum admins. Most new market participants inevitably just turn away from any further involvement. Meanwhile, dewy-eyed proponents of some quaint and romantic notions of decentralization seem incapable of seeing the lawless and barbarous market taking shape here. Left on its own, I fear cryptocurrency could well be destroyed at its very place of birth.

It's not "apathy"...
This forum exists to provide a "perfect environment for scammers"...
Starting with Rule #1... The Dev Shalt Not Profit From His Labor...
And Rule #2... Spoetnik will hysterically trash your coin for 50 posts without knowing anything about it.

All the talent in the Crypto World has moved on to Gen 2.0 Platform Forums...
Where trolls have their accounts deleted within days...
I just come here to see the train wreck for old times sake.

Some of the sub-forums, like mining, are still rational.

[Spoetnik]

spoetnik is a bitter pill but you muricans need it for your illness.
If you're honest you got to admit he has some points there.

almost* on-topic and an impressive feat around here 

all i can say is..

[Spoetnik]

It's always the juniour accounts and members who say they are leaving.  

You laugh but that's not really funny. That's exactly the problem. New people come in to alts and get scammed. That's pretty much the business model for the majority of projects here unfortunately.

People don't know what to invest in so they invest in the ones that show things like PoD and have shiny marketing. Except in my experience those things are more likely to be indicative of a bad investment or outright scam.

I absolutely agree.

'Buyers beware' and 'do your own research' are just cliched, convenient and increasingly ridiculous excuses given whenever instances of scams and frauds emerge.

The fact is, this forum has devolved into a perfect environment for scammers, aided chiefly by the apathy of the forum admins. Most new market participants inevitably just turn away from any further involvement. Meanwhile, dewy-eyed proponents of some quaint and romantic notions of decentralization seem incapable of seeing the lawless and barbarous market taking shape here. Left on its own, I fear cryptocurrency could well be destroyed at its very place of birth.

as much as the Mods have pissed me off around here countless times i have to say again it's not their fault..
they volunteered to enforce the rules and we have to ask who is making the core rules then ? such as not moderating scams.
two points come to mind for me..

1) It would be a BIG job for mods to moderate it and it would back log them with so much work it would stall what gets posted badly.
If they reviewed code etc before allowing a new ANN topic for example.
And who is going to do it ? You would need a lot of volunteers working over time and more people equals risk for biased favors etc
If they paid people to do it too that would be asking for corruption also..

2) What is a scam ?
We don't agree as it is so imagine a team of mods having to be on the same page as that and how it would inevitably conflict with us public guys.
Me ? I figure it is any coin that was not intended to be a real currency with a legitimate shot at dethroning Bitcoin.. simple /end

[Shinzi Fuki]

I personally don't agree that a coin has to have a legit shot and dethroning BTC to not be a scam coin. No more than the Mexican peso has to dethrone the US dollar to be considered a real currency. I can several coins being legit currencies and existing with BTC. Some will sever purposes btc doesn't like Dogecoin. It more a social and charitable and somewhat entry level coin. Others will serve certain markets better than btc does now like the dark web patrons. Some coins could be well intended to be a btc killers but never catch on. Still not a scam just a fail.  A lot of coins will fall into this category. To me a scan coin is something created to get money/BTC without no intention of ever serving a real purpose or a coin gamed (set up) with unfair advantage built in like magic blocks and hidden premines. A premine is not a scam if it is told about up front. You may not like it and you don't have to buy or mine that coin but a premine that is know about upfront is not a scam. You buy or mine knowing its there. These are my views and they are shared by a lot of crypo folks I know.

[spacelab]

It's always the juniour accounts and members who say they are leaving.  

You laugh but that's not really funny. That's exactly the problem. New people come in to alts and get scammed. That's pretty much the business model for the majority of projects here unfortunately.

People don't know what to invest in so they invest in the ones that show things like PoD and have shiny marketing. Except in my experience those things are more likely to be indicative of a bad investment or outright scam.

I absolutely agree.

'Buyers beware' and 'do your own research' are just cliched, convenient and increasingly ridiculous excuses given whenever instances of scams and frauds emerge.

The fact is, this forum has devolved into a perfect environment for scammers, aided chiefly by the apathy of the forum admins. Most new market participants inevitably just turn away from any further involvement. Meanwhile, dewy-eyed proponents of some quaint and romantic notions of decentralization seem incapable of seeing the lawless and barbarous market taking shape here. Left on its own, I fear cryptocurrency could well be destroyed at its very place of birth.

as much as the Mods have pissed me off around here countless times i have to say again it's not their fault..
they volunteered to enforce the rules and we have to ask who is making the core rules then ? such as not moderating scams.
two points come to mind for me..

1) It would be a BIG job for mods to moderate it and it would back log them with so much work it would stall what gets posted badly.
If they reviewed code etc before allowing a new ANN topic for example.
And who is going to do it ? You would need a lot of volunteers working over time and more people equals risk for biased favors etc
If they paid people to do it too that would be asking for corruption also..

2) What is a scam ?
We don't agree as it is so imagine a team of mods having to be on the same page as that and how it would inevitably conflict with us public guys.
Me ? I figure it is any coin that was not intended to be a real currency with a legitimate shot at dethroning Bitcoin.. simple /end

how would a voting system work? 50 votes to get a thread removed

[smalltimer]

that's where my service comes in (signature). I never had a problem with investing in scams. It just doesn't happen to me because i am not as jaded and gullible and more sensible and also more paranoid as most people.
Listen to what people say and loose the money.

New coins: huge risks, huge returns only for the very best of traders
Old coins: more easy to predict

If you need big brother to be watching over the forum you all failed. Scams are a problem but authoritarianism is not the answer.
For the noobs: just stay away from brand new coins and don't use twitter to get info.

[michaellanthros]

There is only so much bitcoin and new coins all the time. I think all altcoin prices will keep dropping with a pump here and there.

[smalltimer]

There is only so much bitcoin and new coins all the time. I think all altcoin prices will keep dropping with a pump here and there.

i know a special altcoin that is unaffected by all the dropping for the whole year (yes, one or two coins you people overlooked that did HOLD THE VALUE ALL YEAR LONG and will continue to do so. That's your big winners in the next bull.). Altcoins can go up in flames 99% - there will be a select few surviving all that. If you always run for the latest thing and the new stuff only you got a problem in the long run. We have now hit that wall (thank god for it). Vast majority of traders was chasing the latest launches only, never caring about sustainability or actual substance or longterm holding. They find themselves in the mess they themselves created with their mindset.

How much coins were created last months? many Hundreds! How much made it to exchange? Hundreds! How many were pumped and dumped? Dozens. How many have a community today? A hand full.

See the problem here?
That's why 99% of coins are worth nothing because YOU are the vapourware!

None of them whiners actually ever got behind a coin and wanted to make it a success. If a group of people is determined to bring a good coin to success they will almost always succeed to some degree because their mindset alone is what makes them that success.

Weak people and opportunists keep chasing the hype and then cry.
You want money for nothing? You want a free ride on the back of others? You want to profit from the work of others? You wonder why you are scamed so much?

[rugrats]

It's always the juniour accounts and members who say they are leaving.  

You laugh but that's not really funny. That's exactly the problem. New people come in to alts and get scammed. That's pretty much the business model for the majority of projects here unfortunately.

People don't know what to invest in so they invest in the ones that show things like PoD and have shiny marketing. Except in my experience those things are more likely to be indicative of a bad investment or outright scam.

I absolutely agree.

'Buyers beware' and 'do your own research' are just cliched, convenient and increasingly ridiculous excuses given whenever instances of scams and frauds emerge.

The fact is, this forum has devolved into a perfect environment for scammers, aided chiefly by the apathy of the forum admins. Most new market participants inevitably just turn away from any further involvement. Meanwhile, dewy-eyed proponents of some quaint and romantic notions of decentralization seem incapable of seeing the lawless and barbarous market taking shape here. Left on its own, I fear cryptocurrency could well be destroyed at its very place of birth.

as much as the Mods have pissed me off around here countless times i have to say again it's not their fault..
they volunteered to enforce the rules and we have to ask who is making the core rules then ? such as not moderating scams.
two points come to mind for me..

1) It would be a BIG job for mods to moderate it and it would back log them with so much work it would stall what gets posted badly.
If they reviewed code etc before allowing a new ANN topic for example.
And who is going to do it ? You would need a lot of volunteers working over time and more people equals risk for biased favors etc
If they paid people to do it too that would be asking for corruption also..

2) What is a scam ?
We don't agree as it is so imagine a team of mods having to be on the same page as that and how it would inevitably conflict with us public guys.
Me ? I figure it is any coin that was not intended to be a real currency with a legitimate shot at dethroning Bitcoin.. simple /end

Admins, Spoetnik, not mods.
Remember my petition and BadBear's comment? That's one example.

[Spoetnik]

Ya i caught that but i wanted to springboard a reply in defense of mods eh
In other words i seen you chose the word "Admin"

I am not too familiar with how they make the rules, especially how major ones are decided on around here.
and no i don't recall off hand your Badbear comments/topic sorry.. link ?

The guy(s) ? that make the *core rules here are not the same guys that enforce them most of the time was my point.

And i stand behind what i said.. i don't think it's feasible to moderate for so called "scam" coins.. a job too hard to do overall i think.
I'd love to see them say ya make a rule, "NO Scams Allowed" but i don't think i'd like how they did it LOL
We all have a different view on what is deemed a scam..

I will say again a Scam is to me, any coin that does not genuinely have an agenda to sincerely dethrone Bitcoin.
And that includes guys who make coins knowing full well that their new coin will not beat Bitcoin even before launch.. ever !
..but pretend that is their agenda 

[muddafudda]

I am so far out its not funny.

[Valta Crypto]

How's it going? Any new leavers?

[unusualfacts30]

it's easy to give up otherwise everyone would be a winner in this world. It takes a man to say "fck it if I drown let it be". I've lost tremendous amount of BTC in market but one day I got up and told myself "Fck this, I'm going to figure out a way to make profit from this mess" and you know what? I did learn how to make profit and I'm glad.