SO I am sure most people are not mid-flight, bored with nothing better to do than to read 66 pages of this thread like I am, so I am going to sum it up really quickly for the newcomers.

- A few dudes are tired of seeing people make 'shitcoins' altcoins, flood the market.
- Those same dudes are also people who have made their own altcoins
- They want to create a digital mafia to bully 'shitcoins' they don't like 
- Extortion is the first step (10-20BTC)
- Attack is the second step if they don't comply (point all their hash power to fork a blockchain)
- 90% of the the thread is just trolling....

I think that sums it up pretty well....

I was thinking about this though.... Who wants to start a protective anti-altcoin-mafia pool?.... I mean if these guys are aiming their hash power to take down coins, its going to take hash power away from the coins they've created.... leaving them open for a 51% attack as well... I bet 300+devs from all these 'shitcoins' you want to take down can come up with more hash power within their communities, as a counter measure, than can ever be created through this useless (somewhat illegal) thread.