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Title: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 5 Days for raffle Post by: ScamCoin on April 11, 2014, 09:58:07 PM https://i.imgur.com/7XA5p0y.png Its finally here bitches!! :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* :-* https://i.imgur.com/FOGtevE.png Newbie Account for Dev: Check https://i.imgur.com/FOGtevE.png Frankenstein Broken English Sockpuppets (Minimum 3): Check https://i.imgur.com/sAp191I.png Hire Professional clingy Sockpuppets: In progress…scanning through resumes. https://i.imgur.com/FOGtevE.png Long winded IPO: Check https://i.imgur.com/FOGtevE.png Grand Claims: Check https://i.imgur.com/FOGtevE.png Now-you-have-my-attention-gentlemen Headline: Check Ok so you're here for more info and I can dig that. I've got a new algo going and plan on making some money out of it before the copycats and Country/city/village coins do. This would be the first and hopefully bring the war between GPU and ASICS to an end. I'm also not releasing the source for the first one week, so essentially its going to be a Windows only miner for a week before the linux/mac builds come about. Subsequently there will also be no pools or exchanges for the first week. So just solo mining before the pools and exchanges come in. You can call it a "soft launch" if you want. All details below in the FAQ. Here's the lowdown https://i.imgur.com/BsBcWTi.png style!! Algorithm : AdamSmith (Details below) Miner : Scam Miner with Firefox/Chrome/IE with the latest Java installed (Details Below) ??? Block Time : Who cares? Scams per Block : 474 Halving : Meh 8) Total coins : Lots of them… who cares? Premine : 5.75 Million Scams (1%) ;D IPO : But of course!! See FAQ Translation Bounties : Pfft… yeah right! ::) Other Bounties : See FAQ Soft launch : 13th May 2014 :P F.A.Q https://i.imgur.com/19W0RVL.png WTF is AdamSmith? The name is homage to the dude. The algo is best summed up as X11 and ASICS shaking hands after exchanging a briefcase in a hotel room. To mine, you will need scam miner…. which is a modification of the darkcoin enabled sgminer. For the GPU miner, what you will get is hash rates and lower temperatures like you would get with the x11 algo. You can just copy paste the conf/bin file that you use with your current x11 miner and change the "kernel" value to AdamSmith and you are good to go. Additionally it will require a browser running in the background with the latest version of the java plug-in installed (your system default will load up). Its crude, but its robust and works. I have tried it on Firefox, Chrome and IE. If you have some obscure browser with Krusty the clown skin on, it should still work too as long as it supports Java. Now this is not exactly ASIC resistant…. I don't believe bitcoin got to where it is without the ASICs power. However, a majority of the miners do not have ASICs and I believe ASICs need to take over after it is deemed not worth it to mine with GPU. Think of it as a transition with people digging a hole at first. Its all well and good till a certain depth… till it reaches a depth where humans going up and down is simply inefficient and its time to send in the heavy artillery… and leave it to the big boys of ASICs to take over. With the AdamSmith algo, ASICs will get a relatively much lower hash rate as opposed to to GPUs. The ratio is akin to comparing the hash rates of X11 with Scrypt-n. What can get you 20 MH/s on GPU will get you about 3MH/s on ASICs. Runs fine on a small gridseed farm except for the occasional crash. But that's more due to its shitty firmware than anything to do with the algo. I will post the link to the custom miner 2 hours before launch (double password protected in a zip file). The passwords will be updated on the OP on 13th May 2014 21:00 GMT (Launch time). IPO submissions will close 5 hours before launch. Countdown for everything will be in the OP soon. https://i.imgur.com/19W0RVL.png Yaaaawnn…. Wall of text! Get to the juicy IPO man. What and how much? The IPO is going to be a bit long winded foreplay with a hint of a ponzi excitement thrown in as well. It is scam coin after all!! Here is the plan. All amounts above 0.01 BTC will be considered for the IPO. The amount you put in will get you a proportional amount of Scams from the premine. Every 5 days, 20% of the BTC collection from those 5 days will be returned to 5 randomly chosen investors. Here's an example: Round 1 Investor 01 - 0.02 BTC Investor 02 - 0.05 BTC Investor 03 - 0.20 BTC Investor 04 - 0.06 BTC So that's a total of 0.33 BTC. 20% of that will be 0.066 BTC. Since there are only 4 investors here, all of them will get an equal .0165 BTC Round 2 (5 days after Round 01) Investor 05 - 0.02 BTC Investor 06 - 1.05 BTC Investor 07 - 0.10 BTC Investor 08 - 0.06 BTC Investor 09 - 0.05 BTC Investor 10 - 0.09 BTC Investor 11 - 0.20 BTC So that makes it 1.57 BTC from these seven new investors. 20% of that makes it 0.314 BTC. Now 5 people will randomly be chosen from ALL the 11 investors (not just the new 7 investors), and each will get 0.314/5 = 0.628 BTC. Round 3, 4, 5, etc will be similar to Round 2 and will follow through till the IPO closes. As a bonus, the last IPO round will be 50% instead of the regular 20%. I will update the investors list every five days as well as the newly calculated percentages of the amount of Scams you will be getting in returns. https://i.imgur.com/19W0RVL.png Quit fucking around. What's the coin stats? Algorithm: AdamSmith Miner : Scam Miner with Firefox/Chrome/IE with the latest Java installed Block Time : 1 min Scams per Block : 475 Halving : 1 Year Total coins : 575 Million Premine : 5.75 Million Scams (1%) DWG https://i.imgur.com/19W0RVL.png Escrow? https://i.imgur.com/Cm3W87C.pngOf course NOT. Because Scam Coin… like bacon…. because bacon!! https://i.imgur.com/19W0RVL.png You kow there's already a failure called Scam Coin right? Never heard of it. Must not exist then :P https://i.imgur.com/19W0RVL.png Why 13th May? Coz that's my baby's birthday! Get it? …baby… birthday… no? >:( https://i.imgur.com/19W0RVL.png What if you run away with the money? Then I will assure you that I will upload pics from my vacation to India and with the leftovers, I will get myself a big ass TV. I also have puppets to feed :D https://i.imgur.com/19W0RVL.png Bounties? Pool people, exchange people, block explorer people, Android people, Mac wallet people… All PM me with your best offers after the soft launch. All those who PM me before the soft launch will be put on the Grudge list™ and will be given last priority. The only exceptions are logo designers. If you think you can make a better one than this awesome awe inspiring Picasso-Monnet hybrid of a logo, there's a 0.1 BTC bounty for the inner child in you. Post your shit directly on the comments for all to see. If they're any good, I might also tap into that skill set of yours for a custom UI for the wallet. https://i.imgur.com/19W0RVL.png Anything Else? Nope… that about sums it up. But this list is not exhaustive. As and when questions arise in the comments and if there are funny answers worthy of being on the OP, it shall be given knighthood and put up in the OP Hall of Fame! https://i.imgur.com/19W0RVL.png Shut up and take my money!! Sure… this is where you send it to: 12WNe9szum8ZEcKjVZTGSYywJ6UWhPY5Ur (BLOCKCHAIN (https://blockchain.info/address/12WNe9szum8ZEcKjVZTGSYywJ6UWhPY5Ur)) After that you send me a PM with the following info. *** Bitcointalk Username: Transaction ID: IPO Amount: BTC Receive address: *** Please copy/paste the above. The three "***" above and below the text is a must. The info is automated and those without the stars will slip by me. The return address is for incase you were picked as one of the winners for the 20%. Also please don't overcomplicate things by sending full 8 decimals of numbers. I prefer 0.03 instead of 0.03028548. The "IPO amount" in the copy/paste is just for my convenience and the actual amount for calculations will be taken from the block chain. So don't try tricking me by sending me 0.03 and typing 0.05 in there. If you do that, you will incur Samuel L Jackson's wrath and Fuuuuurrrious Anger and indeed know his name. In addition to that you will be in the Grudge list™ and be disqualified from the random pick of winners. The share of scams will still be there of course (see… I'm not a complete arsehole ;) ) https://i.imgur.com/npgjO1e.png IPO RESULTS SO FAR https://i.imgur.com/ndOxwaY.jpg Only one fellow sent in Round one, so it was quite a difficult decision to pick the winner :D BTC Sent: BLOCKCHAIN (https://blockchain.info/tx-index/ea90f415a442c3f95fc8ace18d64b3cf885440dd2cc13ceb038558220dda45eb) Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: brian_nguyen on April 11, 2014, 10:05:45 PM Nice coin, I'll point all my miners there. :o :o :o
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: sonysasankan on April 11, 2014, 11:05:46 PM For fuck's sake.... stop it already! This is going past ridiculous!! You even know how crypto works? Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: jdun on April 12, 2014, 12:16:39 AM scam
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: Oldminer on April 12, 2014, 12:43:13 AM Dunno..looks a little bit scammy...
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: sonysasankan on April 12, 2014, 12:54:15 AM Dunno..looks a little bit scammy... Definitely looks like it. But I don't know anything about coding, so cant make out if he is talking out of his ass or just plain vanilla arrogant. Anyway, watching this for updates.... hopefully its going to be popcorm material :P Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: timerland on April 12, 2014, 12:58:10 AM I like it ;D
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: Djinou94 on April 12, 2014, 01:04:28 AM SCAM!!!
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: luckygenough56 on April 12, 2014, 01:07:22 AM i'm puzzled
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: damiano on April 12, 2014, 01:07:45 AM im laughing
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: mazuma on April 12, 2014, 01:24:32 AM im laughing i'm not. seems like retards are the only type of developers making coins lately. Lol Developers? Not even developers. Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 02:39:01 AM Nice coin, I'll point all my miners there. :o :o :o What the…. I don't remember hiring you!! http://cdn.memegenerator.net/instances/500x/43020700.jpg Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 02:45:39 AM For fuck's sake.... stop it already! This is going past ridiculous!! You even know how crypto works? Actually I don't https://i.imgur.com/J7cuOcK.png Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 02:57:52 AM SCAM!!! ;D ;D ;D ;D I prefer RED, preferably a size of 65 OR ABOVE. Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: Taburnak on April 12, 2014, 03:52:04 AM Looks legit where do I post my bank account and credit card info?
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: friendly on April 12, 2014, 03:55:46 AM I might be wrong, but somehow I get the feeling this may be a scam. I'm not sure why.
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 01:23:12 PM I might be wrong, but somehow I get the feeling this may be a scam. I'm not sure why. No Shit, Watson :P Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 01:48:27 PM Looks legit where do I post my bank account and credit card info? Quick… PM them to me. I'll keep them safe for you ;D Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: Painful Truth on April 12, 2014, 01:53:22 PM Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: tifozi on April 12, 2014, 02:00:32 PM Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 02:47:59 PM 420 BTC pledged No please… you have to take some of it back. You are too generous. Yes I do know my cats could use the manicure… but still. Oh… all right…. if you insist :D Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: YarkoL on April 12, 2014, 03:02:16 PM Where's the whitepaper? Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: Amph on April 12, 2014, 03:12:32 PM was already launched two times
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 04:07:22 PM Where's the whitepaper? Ah ha…. finally a good question! Oops… there isn't any whitepaper. It will be uploaded when I'm on my flight for my vacation :D The question has been knighted and will be placed in the OP of fame. Hit me with a BTC address… let me buy you a coffee :-* Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: djm34 on April 12, 2014, 04:35:52 PM Looks legit to me ;D
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 05:03:32 PM Hey ;) any bounty for translating the announce to Polish?Will update regularly 4 weeks(every 8h) Get the fuck out of here mate. Did you read the OP? All unnecessary PMs will be used for entertainment purposes. Memes will be used to exaggerate accordingly. This piece of shit deserved none ;) Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 05:09:41 PM Hey ;) any bounty for translating the announce to Polish?Will update regularly 4 weeks(every 8h) Get the fuck out of here mate. Did you read the OP? it was sarcasm;p don't be so serious And I was Wrong... http://www.troll.me/images/asdasdasdasdasdasd/whoa-we-got-a-bad-ass-over-here.jpg Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: YarkoL on April 12, 2014, 08:04:32 PM The question has been knighted and will be placed in the OP of fame. Hit me with a BTC address… let me buy you a coffee :-* 1PgGFsTFXQuywvahmo2D2yxVvc5pjCn3Uh thanks a heap! :-* Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: elviselvis101 on April 12, 2014, 08:15:15 PM I am in, o.02 sendt, this time, its payout time - big time !
1idjgfisgføipsdjiosdgæosdighæsidghæsodhfsdi Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 08:43:37 PM The question has been knighted and will be placed in the OP of fame. Hit me with a BTC address… let me buy you a coffee :-* 1PgGFsTFXQuywvahmo2D2yxVvc5pjCn3Uh thanks a heap! :-* Sent :D txid 77929876e98ad0d3a667890b7770872abfaa2af24a34b4cd0eb0ab74bed6e58e Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: ScamCoin on April 12, 2014, 08:50:42 PM I am in, o.02 sendt, this time, its payout time - big time ! 1idjgfisgføipsdjiosdgæosdighæsidghæsodhfsdi Ha… another badass. Samuel L Jackson has his eyes on you! https://i.imgur.com/npgjO1e.png Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: friendly on April 12, 2014, 09:11:09 PM I might be wrong, but somehow I get the feeling this may be a scam. I'm not sure why. No Shit, Watson :P For some reason I think sarcasm may be lost on you. Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: Chris001 on April 13, 2014, 12:51:57 PM I want in. You can just tell its going to the moon!!!
Title: Re: [ANN] Scam Coin - New AdamSmith algorithm bridging the gap between GPU and ASICs Post by: GTO911 on April 13, 2014, 01:00:55 PM to the moooooooooooooon, oh wait, SCAM
Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 3 Days for raffle Post by: jeliman on April 14, 2014, 07:41:10 AM amazing idea, funny thread, I would like to have a bunch of it....
The only match for this is a bullshitcoin which we were sort of planning to do :)) Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 3 Days for raffle Post by: herzogzwei on April 14, 2014, 08:16:32 AM already to da moon bitches ;D
it this for real? Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 3 Days for raffle Post by: ScamCoin on April 14, 2014, 02:21:47 PM amazing idea, funny thread, I would like to have a bunch of it.... The only match for this is a bullshitcoin which we were sort of planning to do :)) Sweet…. I can already yoga breathe a whiff of that from up here :P Life is getting hard for Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 3 Days for raffle Post by: ScamCoin on April 14, 2014, 02:28:06 PM already to da moon bitches ;D it this for real? This shit is where it gets down newbie!! Come… let me hold your hand and show you around ;) Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 2 Days for raffle Post by: sonysasankan on April 14, 2014, 10:08:39 PM LOL.... atleast its entertaining :)
Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ Day for raffle Post by: ScamCoin on April 17, 2014, 03:50:13 AM IPO RESULTS SO FAR https://i.imgur.com/ndOxwaY.jpg Only one fellow sent in Round one, so it was quite a difficult decision to pick the winner :D BTC Sent: BLOCKCHAIN (https://blockchain.info/tx-index/ea90f415a442c3f95fc8ace18d64b3cf885440dd2cc13ceb038558220dda45eb) Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 5 Days for raffle Post by: creativecuriosity on April 18, 2014, 07:56:27 AM My bet is on LEGIT
Seriously considering this IPO, to tell my grand-children about. Someone is going to buy a Yacht with this one :) <--- Sock-Puppet Paid In Full Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 5 Days for raffle Post by: creativecuriosity on April 18, 2014, 07:58:07 AM ^ Absolutely NO sarcasm.
No. I'm serious. I'm not being sarcastic -> think this person is good for it, lol. (Actually am serious...) Of coarse, for god sakes don't send your money; my woman's intuition is not grounds for trust. Title: Re: [ANN] Scam Coin ~ New AdamSmith algorithm for GPU and ASICs ~ 5 Days for raffle Post by: zrunfeng on April 18, 2014, 08:05:32 AM i can not catch your,where do I post my bank account and credit card info?
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