It is really weird to see coins being announced in June 2014 already being traded on exchanges. To name a few: DCM, X13C, BCAT, NUMC. Where are the days that devs needed to work to get on an exchange...
It's because the exchanges themselves are most likely releasing coins after coins in order to generate commission. Also some backhanders via premine helps.
if that is true: DCM, X13C, BCAT => Bittrex and NUMC = SharexCoin. So if ttrue, we know what lies ahead now:)
it might behoove us to in some way be proactive in regards to this.
taking an active role in attempting to " police" ourselves ( the crypto community) and keep this burgeoning economy honest and forthright, will most likely bring some attention to us, some good ( from the community as well as regulatory entities), and some bad ( the crooked, corrupt, and opportunistic financial parasites that feed on decomposing whale feces), mainly the bad attention would be coming from the corrupt exchanges and other bad actors, that despise our very existance, in part because we, as a community, give the rest of the crypto economy a benchmark. a benchmark that puts on display the utter corruption within this new economy. a benchmark that shows the world what can be accomplished in this new realm of crypto currency if we act honestly and honorably.
there are many that would like nothing more that to see us fail... i for one refuse to give them that satisfaction.