Post
Topic
Board Altcoin Discussion
Re: Honest Coin Initiative -- fighting the shitcoin insurgency
by
B2BigAl
on 28/03/2014, 06:05:42 UTC
That is normal for ponzis and pyramids. New is always better, as the old ones its too late to "get in on the ground floor".

The original poster of this thread is just another ponzi/pyramid schemer looking to make new schemes instead of actualyl doing real work building support infrastructure that actually makes currency useful else they wouldn't be urging the making of even more schemes but instead the making of useful infrastructure, businesses and such.

-MarkM-


Whatever your thoughts about his ideas, I know spiffcow, and I can assure you he is no ponzi/pyramid schemer.  He, like many others, are tired of the pump and dump, IPO, pre-mined, insta-mined, shit coins that are ruining crypto currencies.  There is a lot of room for innovation, and a lot of room for improvement over older, existing currencies, but frankly the whole thing is turning into a joke.  Every day its another scam, failed launch, failed coin, etc.  We can argue about asics and infrastructure all day long, but the fact is, bitcoin, litecoin, etc have all gotten their start as CPU/GPU mined coins.  CPU/GPU mining is what has introduced a vast number of people to cryto currencies, and CPU/GPU mining is the most likely place for new ideas and evolution to take place.  These scam coins are giving all crypto currencies a bad name, and whether you like it or not, they're just going to keep popping up unless we all band together to put a stop to it.