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Author Topic: [SCAM] BLOCKNET: The Metcalf/Prom Alt-Coin Cartel Scam Exposed  (Read 100082 times)
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NoMoreLies (OP)
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October 31, 2014, 12:22:18 AM
Last edit: November 01, 2014, 10:47:32 PM by NoMoreLies
 #1

https://i.imgur.com/s4Js36l.png


N.B.: Due to whitespacing spam in other threads this thread will be reserved for the evidence against BlockNet and associated scams.


The Evidence


1. IRC chat logs suggesting Metcalf's complicity in the scheme hatched by notorious pumper Prometheus: "XC team has already agreed to join ... We are building our own supernet. ... we can all secure ourselves a nice coin to make some profitable plays on".

2. BitSwift developer admits knowing Dan Metcalf was the developer of Halcyon (one of many coins to benefit from a Dan Metcalf code "review"). The coin was pumped following the review and then abandoned:

https://i.imgur.com/w7Owd1y.png

https://i.imgur.com/q6YU3gp.png


Circumstantial:

Matching time zones of atcsecure and halcyondev.


I will update the post with any new evidence if and when it arrives. We urge others to come forward and help expose this skilfully orchestrated scam.

Hopefully it is not too late to stop the ITO and return the money to anyone who no longer wants any part of it.

UPDATE:

XC's PR man synechist was quick to issue a statement regarding the leak . Unfortunately, in his haste he may have revealed more than he intended to:

"However such logs are not provably truthful, and in this case are false."

He doesn't say that the content of the conversation was inaccurate. He says the logs themselves are false. This begs the question, how could Synechist make the assertion that the logs were falsified if he was not part of the conversations? Was this was the only way for synechist to denounce the accusations without directly attacking (his co-conspirator?) Prometheus? If the logs are to be believed it would appear Prometheus has thrown a lot of jobs Mr Metcalf's way.

Synechist has revealed that he is paid for his work for XC, and with that being so it is perhaps unsurprising that he will go to any lengths and say almost anything to defend the project (after all, his livelihood depends on it.) He earns his money well.

Unfortunately for him, soon after claiming the logs to be false 00Smurf was good enough to post screenshots of the Skype conversations. The reaction from the XC camp is now to brush the matter aside as if synechist's word in itself should be enough to bring it to a close. It is an insult to the people who have bought BlockNet tokens that they should dismiss with such contempt the legitimate questions that have arisen.

XC has presented itself as the last bastion of ethicality in the cryptocurrency world. A project of high-minded ideals with the BlockNet the instantiation of some great collaborative spirit. The IRC logs paint these deals in an entirely different light. If Prometheus's claims are true they reveal the rank hypocrisy of the sanctimonious tone with which the XC and BlockNet projects have been sold to us.

The choice of coins that have been included in the BlockNet, and the questionable cast of characters behind them, suggest the project is anything but the great work of selfless crypto-unification it has been presented as. I will continue to update this if and when new evidence is presented.


UPDATE 2:


Dan Metcalf answers some of the questions arising from the logs:

https://bitcointalk.org/index.php?topic=841958.msg9396234#msg9396234


UPDATE 3:


Synechist again attacking the authenticity of the screenshots (this time on Reddit) rather than the accuracy of Prometheus's cliams.

The obvious objection if they had no part in it would be to claim that Prometheus was simply lying.

I find him choosing this line of defence highly suspicious.


UPDATE 4:


Official Statement from Metcalf
(possibly penned by synechist)


"In fact I consider Prometheus an ethical promoter based on my dealings with him and anybody who knows Prometheus knows that he is 100% open and public about his coin promotions."             - Dan Metcalf


[9/22/2014 8:46:39 PM] Prometheus Lightbearer: eww aero
[9/22/2014 8:46:54 PM] Prometheus Lightbearer: I pumped that for kleeve to 10k
[9/22/2014 8:46:57 PM] Prometheus Lightbearer: and then took a shit on it
[9/22/2014 8:47:13 PM] Prometheus Lightbearer: Yea from day 1
[9/22/2014 8:47:20 PM] Prometheus Lightbearer: ... i ran a 10k pump on it a few weeks bag
[9/22/2014 8:47:21 PM] Prometheus Lightbearer: and exited

[9/25/2014 1:22:55 PM] Prometheus Lightbearer: Hey man, I’m not able to communicate with you any longer due to failed trust.
[9/25/2014 1:42:25 PM] Prometheus Lightbearer: You told people that i pumped aero to get kleeve out
[9/25/2014 1:42:34 PM] Prometheus Lightbearer: as well as told people that we worked with metcalf on hal
[9/25/2014 1:44:10 PM] Prometheus Lightbearer: Yea man, can’t have those kinds of leaks.
[9/25/2014 1:44:16 PM] Prometheus Lightbearer: Not good for us at all

[9/28/2014 9:36:25 PM] Prometheus Lightbearer: Utility is mine
[9/28/2014 9:36:28 PM] Prometheus Lightbearer: but that is privy info
[9/28/2014 9:36:35 PM] Prometheus Lightbearer: if you do tell people about it, don’t tell them it’s mine



Can't quite believe what I just read. Any lingering doubts I had are pretty much gone now. Guess we know now who's pulling the strings.
No wonder they tried to claim the logs were false.
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October 31, 2014, 12:28:47 AM
 #2

Its. .. A scam??

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October 31, 2014, 12:29:45 AM
 #3

Holy fuckin shit... B-b-but Bittrex gives no refund, they said...  Shocked
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October 31, 2014, 12:34:56 AM
 #4

Oh look! another thread with modified and grossly misrepresented statements taken out of context to bash a competing coin. You're stock bashing and fudding. Encouraging people to stop the ITO of a legitimate operation that involves developers from across crypto currency as a whole. Dan Metcalf is a capable dev who has met all of his promises to his community, dare i say EXCEEDED them. Go along with your bashing however, we'll be logging this and we won't need to copy paste and modify your statements to prove your intentions.
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October 31, 2014, 12:37:49 AM
 #5

wow shit just got real
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October 31, 2014, 12:38:02 AM
 #6

This guy Prometheus tried to play me on Btc-e back in the day through personal messages, hes a scammer alright
NoMoreLies (OP)
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October 31, 2014, 12:39:26 AM
 #7

Oh look! another thread with modified and grossly misrepresented statements taken out of context to bash a competing coin. You're stock bashing and fudding. Encouraging people to stop the ITO of a legitimate operation that involves developers from across crypto currency as a whole. Dan Metcalf is a capable dev who has met all of his promises to his community, dare i say EXCEEDED them. Go along with your bashing however, we'll be logging this and we won't need to copy paste and modify your statements to prove your intentions.


Didn't take you long to show up. Wink I'll let the evidence speak for itself.
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October 31, 2014, 12:40:45 AM
 #8

Oh look! another thread with modified and grossly misrepresented statements taken out of context to bash a competing coin. You're stock bashing and fudding. Encouraging people to stop the ITO of a legitimate operation that involves developers from across crypto currency as a whole. Dan Metcalf is a capable dev who has met all of his promises to his community, dare i say EXCEEDED them. Go along with your bashing however, we'll be logging this and we won't need to copy paste and modify your statements to prove your intentions.
Why do they not publish a single line of code? Because they haven't anything. It's hot air nothing more. They have not to fear any legal consequences, because there is no regulation..
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October 31, 2014, 12:43:26 AM
 #9

Its. .. A scam??
Its... A scam??  On Bittrex??

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October 31, 2014, 12:45:18 AM
 #10

Its. .. A scam??
Its... A scam??  On Bittrex??

They scammed bittrex and the people/Investors also
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October 31, 2014, 12:50:10 AM
 #11

What does this platform make a scam exactly?
People who're involved? Or what? I really don't get it?

Hey, smexy. Don't waste your time. Time's precious.
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October 31, 2014, 12:52:53 AM
 #12

Its. .. A scam??
Its... A scam??  On Bittrex??

They scammed bittrex and the people/Investors also

The funds have all moved from the exchange? I thought they escrowed it.
Dude the whole system is corrupt. The exchangers are involved:
Quote
* ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ITO, you are agreeing to the above terms.
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October 31, 2014, 12:54:01 AM
 #13

Its. .. A scam??
Its... A scam??  On Bittrex??

They scammed bittrex and the people/Investors also

The funds have all moved from the exchange? I thought they escrowed it.
Dude the whole system is corrupt. The exchangers are involved:
Quote
* ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ITO, you are agreeing to the above terms.
You're saying shit about bittrex. Those are their rules. That's how they escrow things.

Hey, smexy. Don't waste your time. Time's precious.
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October 31, 2014, 01:04:43 AM
 #14

Yea, break out your tin foil hats for this one guys... Look at those twitter DM's this guy can't even spell let alone make a point against what will be a ground breaking collaborative work utilizing many prominent devs.

These attacks orginate from the SDC community, some real class folks over there.

THE BTC FROM THE IPO HAS NOT LEFT THE EXCHANGES IT IS IN ESCROW AND IT WILL BE PLACED IN A MULTI SIG WALLET.
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October 31, 2014, 01:06:42 AM
 #15

Mr. Boh and pookie.....the SDC trolls at it again. 
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October 31, 2014, 01:08:49 AM
 #16

LOL they dumped the premine  Roll Eyes
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October 31, 2014, 01:09:54 AM
 #17

LOL they dumped the premine  Roll Eyes

Bittrex dumped the premine!?

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October 31, 2014, 01:10:15 AM
 #18

NO XC  Cheesy just check their thread they have been going crazy over there
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October 31, 2014, 01:15:03 AM
 #19

Mr. Boh and pookie.....the SDC trolls at it again. 

How the fuck am I apart of this exactly?
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October 31, 2014, 01:15:39 AM
 #20

NO XC  Cheesy just check their thread they have been going crazy over there

because of idiots like you who are just there to FUD, you've been doing it since XC has emerged based on your post history... Very courteous of you, bro and by bro I never mean my bro, faggot.
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