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  • (01. January 2010., 10:27:49)











Author Topic: List of scamcoins: do you want to know if #altcoin is a #scam? Check here...  (Read 3523 times)

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devnullius

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Found this article, thought it was worth copy pasting. It even includes some coins I posted about at scforum.info ; -)

Here it comes, from: https://bitcointalk.org/index.php?topic=421713.msg4586452#msg4586452

Copy Paste:
Welcome to the Third edition of Shit and Scam coins

I'd like to thank lasciv for helping me compile the list for today's reviews



1) Bitnote - Premine Unknown - This coin was a remarkable failure. Problems with the Windows-qt client caused people see a new light on this shitcoin. With no support or imagination, Bitnotes will drift into the graveyards where its brothers and sister lie in their graves... peacefully.
 

2) OilCoin - and i quote " HAVING ISSUES WITH THE CODE TRY TO GET IT SOLVED! PROJECT OILCOIN IS ON HOLD DUE TO LACK OF CODING BY NOW.
WILL GIVE UPDATE WHEN EVERYTHING IS SET TO GIVE A PERFECT START."
Sheer madness. These "devs" can't even generate and maintain their coins anymore. Oilcoin had a few nice designs, but the coin fall shorts by "mining for oil." This coin will find it's place right next to Bitnotes, in the graveyard of failed shitcoins.


3) MarioBrosCoin - First Coinye and now Mario. The lack of imagination or talent has pushed developers to infringe on brands of the real world. MBC was doomed from the start. I hope a man comes knocking on these devs doors with court summons.


4) Cryptonium - At this point, i almost have no words to say. I'm reluctant to even waste my time writing about this disaster of a name. The developer of this coin actually bought COYE coin. Essentially he inherited his bankruptcy. With its logo made in MS paint and a single mining rig, i'm suprised this coin is even being considered as a monetary system. Just goes to show, people will fall for anything.


4.5) On a side note somebody actually made Alien coin... Read number 4  https://bitcointalk.org/index.php?topic=416541.0


5) LeproCoin - Pre-mine .5%  What a lame fucking name and logo design. Absolute trash, obviously this coin was made from a generator. I beg you guys and girls not to support this shitcoin. The the only future for this coin, and that's its inevitable death.


6) QubitCoin - IT HAS NO PREMINE, time to take it serious! Go all out, this is the next bitcoin guys. Holy fuck, i'm ready to send my 1000thz to this shitcoin and become a millionare QUBIT IS THE FUTURE.
Fuck off, rot in hell you lame ass dev. No imagination, No new tech advancements, and hardly any PR or Marketing strategy this will be a quick and painful death. I advise not to waste 1 watt of electricity on this piece of shit.


7) Fuckcoin - Premine 5% (greedy whore) - This may be the best shitcoin launched today. Congratulations. I laughed.


8 ) XCoin - Premine - As much as the dev feels like. ooooo Xcoin. Where do i begin? Just... save yourself sometime and don't support this. This coin is absolutely going nowhere.


9) Ducats - Premine "No" - Someone go check the block explorer oh wait they don't have ONE! I'm starting to find a pattern on these forums:



The Great Cycle of a shitcoin:

(1) Coingen.io ---->
(2) Pay and Generate ------>
(3) Copy and paste another shit coins article ----->
(4) Post Shitcoin gets accepted ----- >

OR                                           ----- > Dies from being too shity even for shitcoin hoarders, Back to step 1

(5) Reward bounties for supporting shitcoin ----- >
(6) Shitcoin Giveaways ----- >
(7) Try to get on a trade site ------>

OR                                            ----- >  Never gets accepted, because it's the lowest form of shit, back to step 1.

(8 ) Gets accepts and slowly dies because no more money is to be made off of shitcoin.

OR                                           ----- >       All support is lost for shitcoin, back to step 1

(9) In very very rare cases such as Doge    ----- > Gains massive appeal and fame for being a new breed of shitcoins, Dies in 6 months. back to step 1




SCAMS

Next time, i had enough shit for today.




Edition 1 - https://bitcointalk.org/index.php?topic=416541.0
Edition 2 - https://bitcointalk.org/index.php?topic=419073.0
 

Thanks for reading.


Karma!

devnullius
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devnullius

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... based on this list: http://altcoins.com/scamcoins I'll try to keep this thread current...

That said, I made a lot of XPM coins with CENT on cryptsy... I bailed out because it was about to be plugged from cryptsy (or so C.A.T. developer told me; I recently got back in - let's see how it rolls on from here on out). UPDATE: day after I bought it, it got pulled from Cryptsy. Them were my two weeks alright :(

Anyways, the list...

A copy paste: check original article for updates. If I find other Scamcoin  lists, I'll add them here too :)

Quote
Scamcoins

Beware of scamcoins! Premine, instamine, hidden launch – those coins were created in “get rich quick” scheme in order to make money only by their creators and small group involved in instamine or premine.

Do not use these coins, let them fall into limbo. Using them it’s waste of your time and CPU/GPU power.
List of scamcoins – do not use:

    PXC Phenixcoin: premined 1,000,000 coins
    BTB Bitbar – premined by small group of coin creators
    MNC Mincoin - started with no binaries and 25000% reward blocks
    GLD Goldcoin - 2000% superblocks at start (3.2% instamine)
    AMC Americancoin- premined with 6.5k-14k blocks giving zero reward
    LKY LuckyCoin – superblocks at start, random superblocks
    MEM MEMEcoin –  premined, superblocks
    ARG Argentum – premined
    StableCoin – 1,200,000 premined
    NUG Nuggets – premined
    CDC Cloudcoin- 1,000,000 premined, random blocks
    CENT Pennies – hidden launch
    SYC Skycoin – premined
    CL Copperlark – massively premined
    NAN NanoTokens – premined
    MST MasterCoin – premined
    USC UScoin – premined
    GIL – premined
    RCH RichCoin – premined
    XNC XenCoin – premined
    REC RealCoin – premined
    RED Recoin – 1,000,000 premined
    ALF Alphacoin – premined
    One Last Coin – premined
    ORB Orbitcoin – 66% premined
    NUC Nucoin – premined

Source: xorxor’s list of all cryptocurrencies at bitcointalk forum.

We can add: Stackcoin IPO - but there was a completely new re-launch... Read details here: http://thisweekscoin.com/forum/index.php/topic,1051.msg6142.html#msg6142. IPO investors of the original Scamcoin will get their share after all with TheRealStackcoin.

It seems we can also add TopCoin. Too bad! I was anticipating this one ;p I just love my Potcoin :) Read more here: https://bitcointalk.org/index.php?topic=445344.0

Another coin found: EBT dev Koontas wants to drop support and keep premine (http://scificointalk.com/index.php/topic,363.msg3128.html#msg3128)



No karma! :P


Devnullius


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More information about bitcoin, altcoin & crypto in general? GO TO  j.gs/7385484/btc

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devnullius

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Adding stackcoin to the #scamlist

But there is a re-launch...

:(
More information about bitcoin, altcoin & crypto in general? GO TO  j.gs/7385484/btc

Cuisvis hominis est errare, nullius nisi insipientis in errore persevare... So why not get the real SCForum employees to help YOUR troubled computer!!! SCF Remote PC Assist http://goo.gl/n1ONa9

 

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