Post
Topic
Board Altcoin Discussion
Re: POLL - Which crypto do you feel is the biggest "scam"? - - REVISED 4 ACCURACY -
by
noobtrader
on 10/03/2016, 10:04:20 UTC
i wonder if this accusation is true...


https://bitcointalk.org/index.php?topic=1272304.220

Quote
THEN !
They tried the angle that he was not even a part of the "team"
Well a pile of people have told me HE IS !
Further more..
David Latapie just so happens to be the treasurer of the Monero donation funds.
Where i pointed out how Risto had been sending coins to for almost 2 years.
Which they denied.
Yet on the previous page it's PROVEN 100%

THEN !
We see Risto also has been said to have no part of the Monero Team etc too !
Even though whew Monero launched he had bought around 882 BTC worth back when BTC was worth around $600 roughly
Then the link someone posted on the previous page about MEW etc
Shows Risto on their (self-modded) topic admitting to spending the donation money while crying TROLL/FUD
because 1 person asked if he had gotten permission and where the rest of the donated money is now.
Since i had said Latapie was in hiding for months they too also denied that..
Which Latapie admitted to on that link AND in the quote i posted in this topic.
So..
Risto admitted he spent the donation money with out any vote or anyone's permission
even though he was NOT a part of Monero !
Make any sense at all ?


Oh yeah it gets worse LOL
Risto spent the money which was ear marked for public adoption / marketing endeavors..
On get this !
On a Forum game topic here at Bitcointalk. ROFL
Where yes again for two years they have denied making ANY effort ever on Advertising here.
Such as denying their 2 year old spam topic with 700 pages 24/7 bumped to page one.
On that link i mentioned Risto the NOT team member admitted he spent the money on his
Retro City Altcoin section Forum game topic as a method of public adoption..
He called in in respect to public adoption efforts an "asset"

THEN get this !
I had seen him tell me on Poloniex about his previous forum game topic where he admitted to making 1,000 of dollars !
So.. how much has he made on his newer one that i had reported as spam when he started it ?




Newbie, OP, you know nothing what so ever about altcoins.. now STFU thanks

 Cheesy LOL, cheers to you my friend, Mr. Spoetnik, I freely admit that my knowledge of crypto tech is sparse, hence this poll for info.
 
Abraham Lincoln surrounded himself with advisors who were not only smarter than him, but they did not always agree with him either.  Like honest Abe, I do not want a cabinet of yes men.  I prefer to immerse myself in the progressive state of the art genius that is available to me at my fingertips.  We’ll never make America great again if we refuse to learn new technologies.  I am walking the talk.

I welcome the tough love, and don’t expect to be treated as a celebrity but as any old noob who is fresh off the boat stumbling into the wrong bar after hours.  I’m thick skinned and a proven winner who will bounce back leaner and smarter than before.  I appreciate your help here, so please bear with me while I hone the prospectus for my “2016 Crypto Equity Index Freedom Fund”

I have divided my selections into 2 distinct categories:
1.   Governance Models
2.   Niche Businesses

So far, we have only identified 4 major categories of crypto company/community governance models:

1.   - In a Hashocracy like bicoin, only the miners choose which future developments get implemented (which hard forks to take), and anyone is free to compete in the coin mining process.  The original Bitcoin Foundation members did not like fact that they lost their ability to control the miners, so they left to form Decred which is a:

2.   - hybrid Hashocracy/Meritocracy which allows anyone to compete in the coin mining, but only coin holders get to vote on development directions (which hard fork to take).  DASH is now a hybrid Hashocracy/Meritocracy like Decred, but started out as a Dictatorship when Evan misrepresented the total number of shares without indemnifying the shareholders.  Since the SEC has no jurisdiction over a crypto company, there can be no legal recourse for suffering through injustices experienced as a shareholder of a company ruled as a:

3.   - Dictatorship is where a central man or entity tells the miners what to do.  I pledge to avoid any investments in companies who are or have ever been ran as a Dictatorship due to the lack of legal shareholder recourse described in #3 above.

4.   - In a pure Meritocracy like BitShares, shareholders determine which hard forks to take and who is allowed to mine new coins (1 BTS = 1 Vote).  This type of community resembles that of a traditional company with multiple owners.

Because I obviously need to be politically correct here, I formally apologize to Amanda for criticizing her explanation of the DASH governmental structure as anything but its former dictatorship because it’s obvious now that Masternode owners are in control of the DASH network, even though that was not always the case.  I simply choose not to associate with former dictators, and I don’t want to lose the female vote.

https://www.youtube.com/watch?v=VQGlcLFhwE0#t=2m8s
(I stand corrected Ms. Johnson)

In our second category for crypto investment, I'm searching for the best of breed (large cap) crypto companies in each niche market.  

I only came up with 8 niche crypto business sectors.  Please let me know if I am overlooking any sectors.  Again, I want only the largest cap company in that sector, but not if it has ever been ran a Dictatorship:

1.   the largest (biggest market cap) data storage company is Maidsafe
2.   the largest records database company is Factom
3.   the largest social networking company is Synereo
4.   the largest music monetization company is MUSE
5.   the largest public Turing complete computer is Ethereum
6.   the largest anonymity solution (omitting DASH) is BitShares
7.   the largest file swapping service company is Florincoin (The Alexandria Project)
8.   the largest domain name company is Namecoin

So to summarize:

Are there any crypto business types or governance structures that I have not considered?

Thanks in advance, and there was one question, I have yet to field:

Quote
Question:    Which top 10 crypto do you feel is most likely to change its political policies in a way that affects a majority of its community members negatively.

Define "community members."  What constitutes a negative effect? Are "political policies" taken from the official mission statements of the coins' documents, or simply one's subjective impressions of what the leadership's undisclosed vision for the coin might be?

The original "biggest scam" question is more appropriate, given the rephrase is equally subjective and even more vague, IMO.

Community members = coin holders or shareholders

Negative affects = decisions made outside shareholder control that have the potential to lower the share price.  

Evan stealing coins is such a negative effect even though he did not sell them on the open market, he could at any time.

Political Policies are direct statements taken from whitepapers, bitcointalk announcement threads, or any written dev post.

A scam is a lie that can only be proven by objective fact (no different than in a court of law).

Your feedback and criticism is greatly appreciated.  Thank you again my friends.