RipoffCoin: A Scrypt Based Coin with an Honest Scam

Courtesy of RipoffCoin

RIPO Accepted: RWensr185ZVwRPkTGmYJp1PyGY2eRHtW8n

RipoffCoin is a next generation cryptocurrency with an unique flair compared to common scams that the crypto community all seem to love.  The pre-announcement ninja IPO without escrow was launched on August 2nd, 2014 with the intent of distributing 1% of all coins to early investors.  To further complement the ninja IPO, the open source software and coin distribution was not available at launch on August 2nd, 2014 by fully anonymous member of Bitcointalk.org by the name of RipoffCoinDevTeam, created on July 30th, 2014.  The crypto identity of RipoffCoinDevTeam and possible dev team members remains unknown.  Also missing is the background information of the dev remains unknown but we are told the dev team are mega competent and boasting with at least 2 years of English under their belts, which seems legit enough to invest your children's college funds.

RipoffCoin is an innovative altcoin that has the Scrypt proof of work algorithm with KGW.  There is a total of 12,000,000 coins and block rewards are specially distributed in a unique special block distribution for blocks 1 to block 10,000.  Early bird miners would find big block rewards as a reward for mining early during the ninja launch.  After block 10,000, common block rewards consists of 50 RIPO which will halve every 200,000 blocks after.

The concept behind RipoffCoin is based on being an honest scam.  Unlike many scam coins or possible scam coins, the scam is upright straightforward with their devious plan.  There's no white lies or empty promises of innovative features that would never come, there's only brutal honesty in a place where no other scam coin has gone before.  RipoffCoin is a coin for the crypto elites to play with as they have with the rest of the pump and dump cryptocurrencies.  The community relies on community donation because there is no premine, just kidding, there's a hidden premine of 1.125%.  Community donations is still welcomed because the devs would obviously need another fund to dip their hands into since we all know the premine is never enough to satisfy anyone's greed.

RipoffCoin offers many different special bounties and giveaways to obtain some RIPO to keep things interesting.  Special bounties includes spreading FUD, admitting not knowing what FUD means, calling RipoffCoin a scam, calling RipoffCoin a ripoff, creating hype and creating a big pump.  There are also giveaways on Twitter and currently RipoffCoin is having a Meme Contest.  RipoffCoin is also considering implementing a few enjoyable features in the future which includes RIPO LOIC, RIPO Proof of Stupidity, RIPO Trade, RIPO BlubberOut, RIPO Share, RIPO TOR with their state of the art anon mixer.

RipoffCoin is not your typical altcoin because no other altcoin dev would literally lay out the details of the scam.  There is a promising future for the RipoffCoin community, but the only drawback that may deter future investors from buying RIPO would be the anonymity of the dev himself and whether if there is actually a devious scam plan in play as the name insinuates.  If you can ignore the risk of trusting the unknown then you may find RipoffCoin to be a long term investment even if it's not intended.

Website:  http://ripoffcoin.com/

Bitcointalk:  https://bitcointalk.org/index.php?topic=721006.0

Twitter:  https://twitter.com/RipoffCoin

Facebook:  None
Google+:  None

Reddit:  http://www.reddit.com/r/RipoffCoin

IRC:  http://webchat.freenode.net/?channels=ripoffcoin
CoinsSource Trust Index:  None
Proof of Developer:  6/5

BitTor: A X13 Based Coin with Integrated Tor Technology

Courtesy of BitTor

BT Accepted: 

BitTor is a next generation cryptocurrency with an unique Tor based privacy development concept.  The open source software was launched on July 7th, 2014 by fully anonymous member of Bitcointalk.org by the name of bittorcrypto, created on July 26th, 2014.  The crypto identity of bittorcrypto remains unknown, but in a way that anonymity makes perfect sense in this case since BitTor's main objective is to have the ultimate Tor based privacy coin and the best place to start is with the dev's anonymity.  The dev team consist of 3 devs, but they are currently in the process of hiring 3 to 4 more team members in order for BitTor to be constantly developed and updated which will allow BitTor to remain competitive and valuable in the crypto community.

BitTor is an innovative altcoin that has the X13 proof of work algorithm with a 120 second block timer.  There is a sense of rarity with BitTor coins because there is a limited total amount of 1,000,000 total coins.  To prevent instamining, the first 150 blocks had a block reward of 0.1 coin.  Whereas the first 600,000 blocks have a block reward of 1 coin, afterwards a 0.5 coin block reward up to block 1,200,000, and finishing off the proof of work phase with a block reward of 0.25 coin up to block 1,600,000.

Currently BitTor is hosting a Twitter giveaway of 2 BT to the first 500 people that follow them on Twitter, retweet the entry post, and send them your BT wallet address via Twitter.  You can start your entry by clicking here (https://twitter.com/BitTorCrypto/status/494471700231503872).

The wallet's user interface is a first generation QT wallet with the standard functions as you would normally see.  However the special features of Tor integration is a feature that is not visible to the eye and is the basis of BitTor.  BitTor is still in development with added privacy features, which would allow an updated wallet a feasible future feature.  There are more features to come and the community is waiting in anticipation.

The concept behind BitTor is based on the Tor's privacy technology, which is the holy grail to anonymity online.  In addition to launching with Tor integration intact, the dev team is also currently developing more  anonymity features to complement the technology.  The dev team plan on promoting Tor related trades with the use of BitTor because they have been avid users of Bitcoin but felt the crypto community needed a coin that stressed the importance of privacy features.  The small premine of 0.3% will be used to further develop privacy features, bounties and giveaways.  In addition to hiring more devs, they are also looking to hire a PR manager to appeal to new investors and keep the community up to date with behind the scenes news on current projects.

BitTor is not your typical altcoin because no other altcoin's existence revolves around the privacy capabilities of Tor.  You may not know what is the finalized road map of this coin due to continued development, but you can be certain that this is not your typical pump and dump coin.  You may find BitTor to be a long term investment.

"Tor (previously an acronym for The Onion Router) is free software for enabling online anonymity and resisting censorship. Tor directs Internet traffic through a free, worldwide, volunteer network consisting of more than five thousand relays to conceal a user's location or usage from anyone conducting network surveillance or traffic analysis. Using Tor makes it more difficult for Internet activity to be traced back to the user: this includes "visits to Web sites, online posts, instant messages, and other communication forms". Tor's use is intended to protect the personal privacy of users, as well as their freedom and ability to conduct confidential communication by keeping their Internet activities from being monitored. An extract of a Top Secret appraisal by the National Security Agency (NSA) characterized Tor as "the King of high secure, low latency Internet anonymity" with "no contenders for the throne in waiting". This system will now be adapted and used in BitTor with the objective of making transactions as anonymous as possible." - bittorcrypto

Website:  None

Bitcointalk:  https://bitcointalk.org/index.php?topic=711590.0 

Twitter:  https://twitter.com/BitTorCrypto

Facebook:  None
Google+:  None

Reddit:  None

IRC:  None

CoinsSource Trust Index:  None
Proof of Developer:  None