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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ReCat on August 14, 2013, 07:28:15 PM



Title: WARNING suspicious behavior with mtrlt
Post by: ReCat on August 14, 2013, 07:28:15 PM
Hey guys.

I posted in mtrlt's new thread some facts about how long he has been working on the GPU miner, the money he has received, and what wage he would be earning at, all in a neutral wikipedia-esque "post the information and don't put your opinion" manner, yet it has all been deleted, including the mention of deletion. Now the thread is closed.

For your curiosity's sake, This is the post:

Quote
Fun Fact!

You have been working on this GPU miner for 3 weeks now. Provided you are working full time, which is considered to be, in the USA, 8 hours daily, you have been working with a wage of 51.1 USD/Hour, earning a current total of 75 BTC/8,588 USD. (Current Mt.Gox rate) https://blockchain.info/address/1FKfgFQeZCpjGDn7ocgj26nk4K2TNiVJyD

http://imageshack.us/a/img246/7119/daaaaamn.gif
Daaaaamn.


I respect Mr. mtrlt, and I do not want to point fingers. But something is up when someone who has received nearly $10000 from donations in less than a month is deleting posts that reveal to the masses the information in a simple understandable manner.

Be careful guys. Legit guys can be legit for a long time, but once they got enough power even the best people can turn evil. I legitimately hope this is not the case, but if it is everyone must be informed.

~Re


Title: Re: WARNING suspicious behavior with mtrlt
Post by: vinne81 on August 14, 2013, 07:29:37 PM
Be careful, you will get burned for posting this! Do not doubt the almighty miner-coder


Title: Re: WARNING suspicious behavior with mtrlt
Post by: ReCat on August 14, 2013, 07:30:29 PM
I'm not doubting him. I am just pointing out facts without drawing any conclusions so that everyone is aware of the situation.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: zackclark70 on August 14, 2013, 07:30:57 PM
he used the word donate so even if he doesn't finish the project nobody can get him a scammer tag


Title: Re: WARNING suspicious behavior with mtrlt
Post by: ReCat on August 14, 2013, 07:36:07 PM
I think that if you ask for donations for a false cause, it qualifies as fraud.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: zackclark70 on August 14, 2013, 07:38:04 PM
I think that if you ask for donations for a false cause, it qualifies as fraud.

I think it would depend on the wording and the reason it wasn't completed


Title: Re: WARNING suspicious behavior with mtrlt
Post by: Sterling on August 14, 2013, 07:48:16 PM
You have been working on this GPU miner for 3 weeks now. Provided you are working full time, which is considered to be, in the USA, 8 hours daily, you have been working with a wage of 51.1 USD/Hour, earning a current total of 75 BTC/8,588 USD. (Current Mt.Gox rate) https://blockchain.info/address/1FKfgFQeZCpjGDn7ocgj26nk4K2TNiVJyD

And that is how much a skilled programmer should be paid (before taxes).

There aren't many programmers around skilled enough to build a GPU miner. The donators buyers fully understand the risk involved.

As for speed estimates, it has been asked 100 times in his first thread, it's getting a little annoying. Believe me, if the GPU miner was fast, he'd be quick to post about it as it would boost donations sales.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: usahero on August 14, 2013, 07:48:55 PM
Did you include the time he needed to learn all the stuff so he is able to create a miner?  (which he learned before he started working on xpm miner)

Oh, there we go.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: techbytes on August 14, 2013, 07:50:48 PM
$51/hr is sweatshop rate for a programmer.  Don't they normally make $100-150/hr?  There was a good reason he created a new thread.  So we all could stay on topic.  You just have to blow it for the rest of us...  Hope it was fun for you.


-tb-


Title: Re: WARNING suspicious behavior with mtrlt
Post by: bcp19 on August 14, 2013, 08:16:01 PM
Hey guys.

I posted in mtrlt's new thread some facts about how long he has been working on the GPU miner, the money he has received, and what wage he would be earning at, all in a neutral wikipedia-esque "post the information and don't put your opinion" manner, yet it has all been deleted, including the mention of deletion. Now the thread is closed.

For your curiosity's sake, This is the post:

I respect Mr. mtrlt, and I do not want to point fingers. But something is up when someone who has received nearly $10000 from donations in less than a month is deleting posts that reveal to the masses the information in a simple understandable manner.

Be careful guys. Legit guys can be legit for a long time, but once they got enough power even the best people can turn evil. I legitimately hope this is not the case, but if it is everyone must be informed.

~Re
Boo freaking hoo.  You posted a troll comment and it got deleted, then you and another asswipe posted over and over again and he got sick of it and locked the thread to not have to deal with childishness from the likes of you and them. 

"I never said he was being overpaid"  Really?  You just happened to present it in a way that makes most people think he is?  And now you're even exaggerating the amount to make it look even more like he's overpaid?????  You've even gone so far as to call his reputation into question, yet by your own words: "I'm not dishonest. I'm just bitter. I can't mine anymore, anyways. So it does not benefit me."

FFS, he closed one thread because it got hijacked by assholes and idiots and now, congrats, you forced him to lock another one for the same reason.



Title: Re: WARNING suspicious behavior with mtrlt
Post by: gigawatt on August 14, 2013, 08:18:41 PM
My bet: the new thread was quickly turning into the old thread.  So they locked it and will unlock it to post updates as required.

Lets be honest, there was no "discussion" going on in either of the threads.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: n01d3x on August 14, 2013, 08:22:43 PM
He said he was working on it open source, so I don't get the per hour wage debate. Open source means he works for free. I'm sure he has a regular job, so I'm sure he's not putting in a 40 hour week on this. That would raise his per hour rate substantially. If we were to hire a programmer they wouldn't be able to just blow off deadlines. They would have to disclose their hours. So basically people who donated hired a programmer to work on a project if/when he feels like it, and release it whenever he gets around to it. With no recourse if he doesn't even complete it. I think $50 an hour is a steal for that kind of gig.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: loucy on August 14, 2013, 08:29:15 PM
Open source means he works for free.

Rubbish. You seem to have missed the as-in-speech-not-as-in-beer thing about free software.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: n01d3x on August 14, 2013, 08:43:12 PM
So if he didn't receive any donations he wouldn't have worked on
 it?


Title: Re: WARNING suspicious behavior with mtrlt
Post by: mr_random on August 14, 2013, 08:52:15 PM
I thought mtrlt was a student who was doing this project in his spare time?

I'm not surprised your post got deleted when you act like a dick.

I don't know why you care so much anyway. If it wasn't already obvious, when the miner is released to the donators it's going to get leaked very quickly. So in all likelihood your 1 bitcoin really has turned out to be a donation in the true sense of the word.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: n01d3x on August 14, 2013, 09:06:47 PM
I don't see where he acted like a dick. I see it as he was trying look out for other members. He saw something he saw as shady and posted about it.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: FiiNALiZE on August 14, 2013, 10:03:54 PM
I thought mtrlt was a student who was doing this project in his spare time?

I'm not surprised your post got deleted when you act like a dick.

I don't know why you care so much anyway. If it wasn't already obvious, when the miner is released to the donators it's going to get leaked very quickly. So in all likelihood your 1 bitcoin really has turned out to be a donation in the true sense of the word.

I completely agree. Some of the smarter guys already figured that out (which is why they are trying to sell their early copy at a discount to recoup some of their losses).



Title: Re: WARNING suspicious behavior with mtrlt
Post by: relm9 on August 15, 2013, 01:03:01 AM
Grow up. As I remember in one of the earlier threads, there was already a lot of babbling about how much BTC he was making. Even if there wasn't any ill intent your post was pretty much adding fuel to the fire, so I can see why it got deleted. Just because he wants to keep his threads on-topic doesn't mean he is acting suspicious. That is the way I see things anyway, but thanks for the warning.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: bcp19 on August 15, 2013, 01:09:29 AM
It wasn't a troll comment. It was actually an interesting comment that pointed out something that was obvious but also something not a lot of people would realize. Deleting the comment was childish at best. And if most people would think he's being overpaid, then he is probably being overpaid, especially when you consider that he's likely not working full time on it. He presented the information in a neutral fashion.
A neutral fashion? Bwahahahahaha.  Give me a break.  While 75 BTC is a drop in the bucket for a few people, it is lot of money to most and riches beyond belief for some.  Considering minimum wage is like $10/hr, posting about it being $51/hr "IF he worked full time on it" and the Daaaaaaammmmmmnnnn comment/picture makes it look very inflammatory to me.  Hell, I was an E-6 in the military and felt I was pretty well off making around $20 an hour when I retired 7 years ago.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: viboracecata on August 15, 2013, 01:10:52 AM
Of course greed will give birth to evil. Be careful once you invest into anything.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: FreedomCoin on August 15, 2013, 01:11:20 AM
We have been waiting awhile for it, seems the amount of updates has slowed down. I am sure he has a life but last i checked he was almost done, i wish he/she would just finish it up. Of course not so fast where it needs to be updated right away.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: bcp19 on August 15, 2013, 04:13:58 PM
It wasn't a troll comment. It was actually an interesting comment that pointed out something that was obvious but also something not a lot of people would realize. Deleting the comment was childish at best. And if most people would think he's being overpaid, then he is probably being overpaid, especially when you consider that he's likely not working full time on it. He presented the information in a neutral fashion.
A neutral fashion? Bwahahahahaha.  Give me a break.  While 75 BTC is a drop in the bucket for a few people, it is lot of money to most and riches beyond belief for some.  Considering minimum wage is like $10/hr, posting about it being $51/hr "IF he worked full time on it" and the Daaaaaaammmmmmnnnn comment/picture makes it look very inflammatory to me.  Hell, I was an E-6 in the military and felt I was pretty well off making around $20 an hour when I retired 7 years ago.

Fair enough, the picture wasn't neutral, but it's not like he lied about anything. He pointed out something. If lots of people would think he's being overpaid, then maybe he is. If not, then he has nothing to worry about.
'He pointed out something'  "Oh, look, a bird..." "HOLY SHIT!  LOOK AT THAT!"  2 different ways to say the same thing.  1 is pointing something out, 1 is causing hype and/or panic.  Ok, let's say you are right, he was only pointing something out, then why this thread?  This is a delibrate attack not an innocent post to point something out.  The guy claims in one post he has no interest cause he can't mine and that he is bitter.  He offers to buy the miner using escrow in another post.  He claims it's not meant to be inflammatory then lights the flame himself.  Face it, the guy is BUTTHURT over the fact that he (intentionally/unintentionally) lit a shitstorm and his post got deleted.  Now he is *intentionally* trying to incite riot.  Rationalize it any way you like, the guy is a loser AND an ass.

1) *IF* he has not paid and has no vested interest in the project, why is he throwing a wrench into the works?
2) *IF* he HAS paid and feels he is being ripped off, why is he lying?
3) Why is he bitter?  Is he jealous that he cannot create this and therefore isn't making the same money?  Or maybe he feels it was his idea and it got stolen?


Title: Re: WARNING suspicious behavior with mtrlt
Post by: ReCat on August 16, 2013, 09:23:01 PM
Well, you guys sure got all of your panties tied up in a knot.

As I said, I'm not dishonest. I'm just bitter. I provided the information, simply because I thought it was interesting, and the information was accurate. (To my best ability.)

The Daaamn gif was only to express how surprised I was of the situation. It's an exceedingly good situation - for him - all while being legitimate too. The guy went to college/uni so it is no surprise he can do work at 55/hour.

Relax.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: ReCat on August 21, 2013, 03:43:33 PM
Has anyone gotten any update in regards of anything from mtrlt? It appears he's disappeared and left us all without updates.

He could have run off with the 70 BTC AND the miner for all we know, and we'd have no legal or nonlegal way to make justice.

For the information of mr. bcp19, I'm bitter because that's the kind of person I am. Also, I'm dying, so thanks.  ::)


Title: Re: WARNING suspicious behavior with mtrlt
Post by: fluffypony on August 21, 2013, 05:07:16 PM
Quote
Fun Fact!

You have been working on this GPU miner for 3 weeks now. Provided you are working full time, which is considered to be, in the USA, 8 hours daily, you have been working with a wage of 51.1 USD/Hour, earning a current total of 75 BTC/8,588 USD. (Current Mt.Gox rate) https://blockchain.info/address/1FKfgFQeZCpjGDn7ocgj26nk4K2TNiVJyD

http://imageshack.us/a/img246/7119/daaaaamn.gif
Daaaaamn.

I've been a developer and I've managed screeds of developers, so I'm talking from a position of some knowledge (although others on the forum will back this up as well). On a full-time basis, $50 an hour is a pretty standard rate for a mid-level developer in the US. If you're looking fora  freelance developer, expect to pay a premium ($65 an hour is a good mean). That's for relatively common stuff - Ruby on Rails, node.js, Python, PHP (Laravel, Yii), C++, C#. Go to something arcane - weird frameworks, unusual hardware, CUDA or OpenCL software - you're going to be paying $100+ an hour.

To be brutally honest, I think his estimate as to the length of time it would take to complete this was premature. That notwithstanding, the rate he is currently "earning" is below average for the task. Comparing it to minimum wage is laughable - that specialist developers earn a lot of money goes without saying.


Title: Re: WARNING suspicious behavior with mtrlt
Post by: ReCat on August 21, 2013, 05:25:30 PM
Of course. Such jobs always pay well. This is not the surprise.

You will be hard pressed to even find yourself a minimum wage job these days. That is, unless, if of course you have been treated very well by life since childhood. (You had rich parents to pay for university to gain skills for a high paying job, etc.)

The surprise is that he has gotten so much money from mere Donations, where he could legally run off with it and give us nothing in return.  ;)