ForexMinute Co-Founder Jonathan Millet Discusses the Brand ...

A forexminute.com submission and voting ring?

Articles from forexminute.com are often submitted here -- sometimes a few times a day. I am surprised by how well they do, considering they are just rewrites of stories that appeared first on other sites and were already submitted to /bitcoin. They rarely offer new information or a different take, and are usually poorly written.
I have looked into these submissions in a bit more detail. They all share certain characteristics, and because of these, I believe forexminute employs a submission and voting ring to get its stories to the top of /bitcoin.
Let's look at the submissions -- particularly, the users submitting FXM articles (I am going to refer to them as FXM rather than the full name, to prevent any further SEO juice).
Here are the last 10 users to submit an FXM article:
user redditor for total other submissions any other /bitcoin? total comments any bitcoin?
ultimateliving 4 years 4 No 0 No
dizzyducks 4 years 4 No 0 No
rmmark 4 years 7 No 0 No
ezinequeen 5 years 4 Yes (1) 0 No
hearosseo 3 years 4 No 0 No
leadsking 4 years 7 No 0 No
josephflowers 4 years 2 No 0 No
fabgifts 4 years 4 1 (+ 1 /bitcoinwallet) 0 No
coolreald 4 years 17 No 0 No
texassurveillance 4 years 5 0 (but 1 /bitcoinNL) 0 No
The similarities between the submitter accounts are clear, but let's list them anyway:
  1. All of them are a few years old
  2. They all have very little activity
  3. Most of them have only ever made 1 submission to /bitcoin
  4. None of them ever comments on any threads, in /bitcoin or elsewhere
  5. Although the table above doesn't show it, none of the accounts demonstrates particular interests: there are not lots of submissions or comments in one subreddit. They submit and move on
In short, they bear all the hallmarks of sockpuppet accounts. This is an established practice in online marketing. The fact the accounts are all a few years old doesn't prevent this from being the case; it's possible to buy packages of social media accounts if you know where to look, and it's often preferable to buy "aged" accounts because they are less likely to set off spam-detection algorithms.
One of the usernames even contains the term "seo".
Here's a list of all FXM submissions, organised by date. Scroll down the list and you'll notice that the usernames rarely repeat. Does FXM really have that many genuine readers who feel the urge to submit their site to /bitcoin? How many of the usernames do you recognise as /bitcoin regulars?
Once the story has been submitted, of course, FXM needs to get it to the top. It's harder to see evidence of a voting ring, because votes are not made public in the same way submissions are. But given what we know about the users who submit FXM stories, it would be very surprising if votes were not being gamed in a similar way.
I will leave it to the mods to decide what to do with this information, if there is anything they can do. reddit itself, of course, was built on fake accounts.
But I can't be the only one who finds that this level of community manipulation leaves a nasty taste in the mouth.
Note: I have screenshots of the user pages for those in the table above in case they are deleted.
edit: spelling
submitted by wegwerfzwei to Bitcoin [link] [comments]

I sent this email to my parents who wanted to learn about Bitcoins to possibly invest. I thought others might find it useful

This is pretty much a compilation of the 'Top' links in /Bitcoin.
Feel free to share with anyone you want. All you need to know about Bitcoins, an introduction.
Bitcoin (code: BTC) is a cryptocurrency first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it a peer-to-peer, electronic cash system. Bitcoin creation and transfer is based on an open source cryptographic protocol and is not managed by any central authority. Each bitcoin is subdivided down to eight decimal places, forming 100 million smaller units called satoshis. Bitcoins can be transferred through a computer or smartphone without an intermediate financial institution.
The processing of Bitcoin transactions is secured by servers called bitcoin miners. These servers communicate over an internet-based network and confirm transactions by adding them to a ledger which is updated and archived periodically using peer-to-peer filesharing technology.In addition to archiving transactions, each new ledger update creates some newly minted bitcoins. The number of new bitcoins created in each update is halved every 4 years until the year 2140 when this number will round down to zero. At that time no more bitcoins will be added into circulation and the total number of bitcoins will have reached a maximum of 21 million bitcoins.
Bitcoin is accepted in trade by merchants and individuals in many parts of the world. Like other currencies, illicit drug and gambling transactions constitute some of its commercial usage. Although the bitcoin is promoted as a digital currency, many commentators have criticized the bitcoin's volatile exchange rate, relatively inflexible supply, and minimal use in trade.
"A user can have one or more bitcoin addresses from which bitcoins are sent or received using either a website or downloaded software often called a "wallet" like a digital wallet. "
detailed info about bitcoins: http://bitcoin.org/ http://en.wikipedia.org/wiki/Bitcoin
Video about bitcoins on the guardian: http://www.guardian.co.uk/technology/video/2013/ap26/bitcoin-currency-moves-offline-berlin-video?CMP=twt_gu
Government currency to the right, bitcoin to the left: http://i.imgur.com/P2ZI1Ty.png
Humor: Nigerian prince wants to give you money: http://i.imgur.com/x3FPuiy.png
Draper university accepts bitcoins: http://finance.yahoo.com/news/draper-university-becomes-first-educational-151400163.html
Pay bills using bitcoins in europe: http://bills4btc.com/
Kenya might adopt bitcoin in a wide scale: http://www.thegenesisblock.com/guest-post-kenya-primed-for-wide-scale-bitcoin-adoption/
China interested in Bitcoins: http://www.forexminute.com/bitcoin/china-loves-bitcoins-7723
You are here: http://i.imgur.com/FW34gwu.jpg
value of bitcoin from a good source: http://data.cnbc.com/quotes/MTGOXUSD
expected future of bitcoin: http://i.imgur.com/4NKXJMY.jpg (hahaha)
"gold for nerds" Bloomberg video: http://www.youtube.com/watch?v=CdVVECKKSXo
http://i.imgur.com/FBt8M7X.jpg
and finally, why we want bitcoins: http://www.youtube.com/watch?feature=player_embedded&v=hYzX3YZoMrs
submitted by jimcc333 to Bitcoin [link] [comments]

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