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Author Archive
Exposing the WorldCoin Scam
WorldCoin has changed hands several times, so the information previously presented here is not entirely reflective of it’s current state. Article has been redacted.
CrapCoin of the day: Pennies
No, not the US government penny, although that is a pretty crappy coin too. I’m talking about Pennies (CENT), a PoS coin originally released by shakezula. This coin is so hilariously bad that I don’t even know where to start. CENT was originally released on shakezula’s (low traffic) website and only casually mentioned in cryptsy […]
Crapcoin of the day: Bitbar
There are some coins out there that don’t need (or deserve) a full length article to tell you how awful they are. Perhaps the finest example of this is BitBar. Bitbar has the honor of having the largest premine/instamine in the history of cryptocurrency, putting even coins like megacoin and feathercoin to shame. Take a […]
Quark – Is it worth buying?
I’ve always had somewhat of a soft spot for Quark. It was a quirky little CPU mined coin that launched with a very unique hashing mechanism, yet faded into obscurity in part due to how horribly it was managed. And yet here I am writing an article about it… Why, you ask? Quark is up […]
The 0% trade fee in China and its culture background
The following is a guest article by a Chinese writer. Being that China is largely responsible for the recent run up in Bitcoin, I find their perspective of things to be very interesting. – A lot marveled as they see that Chinese bitcoin markets removing their trading fee. Many bet this disruptive competition a lose-lose […]
Digitalcoin, the diamond in the rough
I’ll take a break from the usual altcoin bashing and do something a little less abrasive today – talk about a coin with favorable prospects. Digitalcoin (DGC) was one of those coins that was launched during the altcoin flood back in May. While coins of this era were typically defined by egregious premining/instamining and generally […]
An in depth look at feathercoin, the coin that started it all
Oh, where do I begin… Feathercoin, the original litecoin copycat that sparked the great altcoin flood of 2013. Actually, describing it as a copycat is giving it too much credit. Feathercoin is actually a fork of litecoin. You see, the developer, bushstar, displayed absolute bare minimum competence when creating this coin. One of the most […]
Crytocurrency is inflationary, not deflationary
One thing that irks me is how many people view cryptocurrency as deflationary. Sure, in the longterm they are, but how many coins will last that long? With over 100 coins out there now, many of them having block rewards for several decades, it is unlikely that any of them will ever reach the point […]
Bitcointalk soon to return after four days of downtime
After 4 days of being down, it seems that bitcointalk is soon to return. Shortly after acknowledging the hack and offering a 50 BTC reward for a fix, Theymos seemingly went MIA, leading many to speculate that the hack was a ruse and the servers were actually taken by the feds for use in the […]