Bitcoin Forum

Hi,

[Tycho] is cheating every member in bitcoin forum & he is trying to bring down Bitcoin completly & even make bitcoin useless & has no value.

Before this happens, members have to save bitcoin by not going DEEP.

Bitcoin already reached world wide. So after bitcoin known to whole world, if it goes down, it will actually won't allow any decentralised e-currency which will come here after. Because people will always forced & remainded by govermnets & banks repeatedly by showing the fall of bitcoin & that will make people never to even try/trust if another/new decentralised currency comes because of the fear that, like bitcoin, new ones also will go down one day making all the money they spent in to waste & it made some one got richer by cheating.

Same like ponzhi scheme.

Why i particulary target at [Tycho] & says he is cheating.


Pleanty of reasons there.
The very first reason is , the first pool started is by slush & he still pays bitcoin genereated by his pool after 100 confirmations (before it was 120). All other new pools their also gives the coins to miners after some confirmation only, mostly 120, which takes time. BTCmine, Bitcoinpool, Eligus,..... except one pool bitpenny, which shutdown already. Bitpeeny gave instant payout.

Tycho, from the day he started pool, he started giving instant payout, that is he pays , the next minute the block solves, with out waiting for confirmation & for that he took 3% fee.
Also, he implemented another model PPS, where each share has constant coins & miner gets it whether block is valid or not.

In all these one thing is missing, which many failed to see or didn't said in open/public.
bitcoin is open source, so everything MUST be public.

For past 2-3 days, i am forced to think about mint coins.
I thought, if i have 3-4 Ghash/s & mine solo & also got lucky then, i will GENERATE coins. that means all are new coins which never used. Instead of giving the coins to my share holders, i thought of selling the mint coins for higher price, ex; 1 mint coin = 3 btc, which will give me more profit, so i can give my share holders more dividend/profit.

But, with 244000+ difficulty, it is impossible for me to go solo.
Then only i got struck by the bitter truth, that bitcoin is actually going down & Tycho is the black sheep.

From the day tycho started the pool, he gives instant payment, whether it is proportional or pps.
If propotional, he takes 3% as fee & if PPS then 10%.
Many members are very happy, that it was the 2nd pool, started & running sucessfully after slush, so many joined the pool. But why should tycho give bitcoins with out even knowing the block is valid or not.
many including me thought, he is taking risk. But in reality, he is BACKED UP BY A BANKER.
The banker gave him money before he started his pool & he bought bitcoins with it & used that bitcoin is to give instant payout.

But, what happens next is killing bitcoins.
He NEVER , again i say NEVER showed which blocks, his pooled solved & how many blocks became invalid. Thats is, he pays miners money, instantly, so no one worried about the coins he got from the blocks which was solved by pool members.

Beleive me, he got/getting coins after 120 confirmation & selling it in black market for each coin more than 30-40 USD.
There are many people out their who wants to buy mint coins, because mint coins have not transferred before, so it wont come in to normal users that easily, that means it CANNOT BE TRACED, UNLESS THE BLOCK ADDRESS IS KNOWN. Since tycho never relieves block address those mint coins may have bought by illegal drug dealers, bankers & ALL WRONG doers.
What he got in return more fiat currencies, that helped him buy, not only bitcoins in circulation but hardware also.
 
just think about a simple example.
He mined 50 coins. Instead of giving it to members, he gives what in his balance.
Then he sells the 50 mint coins to some one who NEEDS it & he sells for around 3 times,if take, then he gets 150 bitcoins or even in worst case if he sells for 1 bitcoin 30 USD, then for 50 Mint coins, he gets 1500 USD.

Besides he also takes 3%, if proportional & 10% if PPS.

His pool size increases daily, while no other pools increasing that rapidlly.

From 500 Ghash/s to now 1000+ Ghash/s in less than 20 days.

While all other pools get attacked, Ddos.....every pool, slush, btcmine, bitcoinpool...
while his pool never so far attacked majorily.
Here after he will create fake attacks.

In my view, he already has hardware which can able to mine around 500-600 Ghash/s.
It is not pool members, it is Tycho's OWN hardware which he bought buy some backend.

I even suspect, he is the one actually ddosing other pools.

Also, many things their. If other pools got attacked miners change to his pool.
So, he may be attacking every pool, so that he has highest hash rate. that means no other pools, even they got back from attack will have very less hash rate. Coz many will stick to Tycho's & don't want to change.

That makes he gets more coins than any other pools.
Also he has defintely running predetermined scripts which randomly disables miners from mining in his pool. That makes, the miners won't get anything, thinking rpc error..., while Tycho's OWN miners will be mining continously, so again he gets coins.


He is the only pool which uses email address as not only user name , but also worker names.

You members remember a month ago, the http://freebitcoins.appspot.com/ got hacked with GMAIL accounts.
I have doubt, it was done by Tycho, not to take free coins, but to test his hardwares.


I also had a PM with him on about april's fool joke of mining with paypal address.
In that PM, i asked about mint coins & his extra payment, he never replied.


Due to his OWN hardware addition makes the difficulty increase at very high rate, which makes even small pool miners to close their pool.

So, even today , every member moves out of Tycho's pool, he will have at least 500+ Ghash.

He is waiting patiently by steadily increasing his pool size with his OWN hardware.
Once he knows his own hardware hash size is at least 20- 30 % more than total bitcoin members hash size in all pools, then he will attack, not in the name of Tycho, but Tycho, will be here as innocent as it looks & everyone will believe CIA or russians or banks attacked & collapsed bitcoin completly.
he will hit at right time, when no one can do anything.
I don't know, who he is backed by?
May be US or some other country or even bank or the worst paypal, coz bitcoin will affect everyones income which they get by cheating people.


So, before everything goes out of hand, remove black sheeps from bitcoin, so bitcoin rules the world decentrlized.

Please learn to spell.
Thank you.

English isn't his first language, have some manners.

To me his english looked fine...


And I know many indians, and all of them write worse than Dishwara (that is indian too).

Moving away from the grammar nazi's he makes some very valid points.

I think we need a "slander and conspiracy theories" subforum.

Sounds like someones mad that Tycho didn't reply to his PM.  Every industry has the "Big Guy on the Block".

Can't avoid it.

//EDIT: Also, your theories seem unfounded and are outright coming at Tycho.  Please, without EXACT PROOF, do not trash others so violently.

Well the solution to this is quite simple, more miners that don't use deepbit.

Two miners have already started in the space of a week after listing on glbse.com, I can't see any reason why a dozen more couldn't do the exact same. And once they're up and running, just stay away from deepbit.

dish should get some manners,
calling [Tycho] a cheater without any evidence is pretty rude.

why does it matter when he pays out?
he takes a risk by paying you for blocks that aren't mature yet and you pay him 3-10% to take that risk.
he shows ALL blocks (https://deepbit.net/stats.php) found by his pool, so stating he NEVER , again i say NEVER showed which blocks, his pooled solved is simply untrue.

being mad or jealous at someone is no excuse for those manners.

[Tycho] publishes every block his pool solves. It is on his "Statistics" page. Click on the highlighted block you are interested in and it takes you to Block explorer ... the rest of what you say is unsubstantiated hyperbole.

https://deepbit.net/stats.php

I suggest you retract your slanderous rant.

Is there really a market for minted coins? First time I hear about this.

dishwara's envy could be a little less loud. Anyway sounds more like "cold war" style paranoia. BFF :)

I suspect not, but if there is, I too have some freshly minted blocks I would be willing to part with for $2000 (50*$40). Please PM me :-D

I want to go in more details about one part of your post: why would people want to buy more for "new" bitcoins?

"Used" bitcoins have a transaction history that is publicly visible. But unless you know who is hiding behind the various addresses, you're not much with that information. Even if you know for instance every address used by MtGox, you can see that yes, someone did transfer bitcoins out of MtGox to another bitcoin address and you could force MtGox to reveal who that person is from payment details. But after that, you can't do much more: you can see money leaving from that address, but have no idea where: it could be to someone else, it could be to a shop to buy something, it even could be to another address owned by the same person.

Freshly generated bitcoins will have the same problem, except there are fewer of them so it's even worse: there are a lot of ways to get bitcoins in exchange of another currency. But with generated bitcoins, there are only a certain amount generated every hour. The chance of it being generated by a pool is relatively high, so it's just a matter of checking who the pool owners (there aren't that many) did transactions with to find out who holds those bitcoins now. And then you're stuck again like earlier as you don't know where they're going.

Although dishwara is sounding very paranoid what he writes is perfectly possible...

Also I noticed that deepbit has a 500 ghash variation those last days, some other people mentioned it before, but I did not paid attention because I did not knew what 500 ghash meant until I saw the bizarre variations in the bitcoinwatch graphics ie beside the obvious graph that goes up and down a lot, I noticed that refreshing bitcoinwatch pizza graph, deepbit sometimes is 25%, and sometimes is almost 50%, and this repeat for a while, suggesting that each time the 500 ghash thing fails to connect, reboot or whatever, deepbit loses half of its computing power, and that computing power is 25% of the network computing power, making me finally realize that the numbers on the graph are in ghash, thus the entire network is around 2000 to 3000 ghash, someone alone has 500 ghash means that this someone can do some serious stuff...

I dunno if that someone is Tycho though.

he's mainly outraged by poll scale contribution/impact to complexity increase, i guess.
and correctly pointing that pool ensurance make its exploitable to cheat pool, IMO.
but in theory, pool manager cheating was possible as with anything else, manageable. but thats usual for anything - from banks/governments to stars. no warranties/refunds[words don't count. at all]. if you so paranoid - wait for glbse to write complete[with gui, without pythoon and other depndencies(including MS VC dll')]client and direct trading-transfer implementation and mine DIRECTLY to stock market -)
pool hardly destroy anything, but someone big hopes, maybe.

That's doesn't work IMO. If Tycho really had 500 Gh/s and had buyers for "minted" coins, he could just as well solo, and it wouldn't change squat to his profit, besides the fact that people like me wouldn't be bitching at the size of his pool and give him a bad rap for that.

dishwara, thank you for this. I haven't had a good laugh in a long time. :)

Several people I know on IRC have been selling freshly mined BTC at a small premium. There is a market for BTC with no transaction history.

The fact that pool owners advertise the pool size, means that to miners it is a important stat (the bigger the pool, the most regular is the payouts), thus throwing your own ghash on it at least has some marketing value.

I don't really see why. If you want to buy such coins for anonymity reasons, you'll have to conduct the trade in an untraceable fashion. If you do that, what do you care where the coins have been before? They can't be linked to your real name either way.

Not really. Small time miners are better off in a pool, and Tycho's would still be #1 if you take 500 Gh/s, so people would join his regardless. As a matter of fact, he'd still be bigger than slush's and BTCmine combined...

To whose wondering about the purpose of mintcoins:   http://forum.bitcoin.org/index.php?topic=5788.20

Also, small time miners not always know they are better without the pool, and your "small" to work outside the pool, still need to be big enough to get BTC generated before difficulty change (otherwise he risk never getting BTC), Vladmir explained that in the topic about deepbit being a security problem.

Oh... remembering that this forum isn't a place for jokes, I'll try to answer seriously even if it's not that easy :)

1) There is a stats page with all the blocks minted today (more history may be available later as CSV export).
You can click on a date/time link and it will take you to the history.
Also you can trace most of your pool payouts up to one of those blocks.

2) I didn't knew that uncirculated coins are that valuable. If someone needs them, I can just sell openly and this will be somehow good for all the pool users too.

3) When I created my pool, one of my friends (not a banker, but a programmer) did a investment, so we had enough money to pay without waiting for confirmation. Now just a pool's fee gives me enough for insurance.
We had at least 2 invalid blocks, one some days ago.

4) I can't remember if I answered to your PM about april fool's joke or not. I thought that message was a joke too, sorry.

5) Some days ago my pool was attacked with a >1 Gbps flood so all the users were switched to hot spare server. Also someone tried to hack the site with acunetix vulnerability scanner at least twice (unsuccessfully).

6) My own hashrate is only 2 GH/s at this moment.

There was guy selling them on [you-know-where] for 10.6 BTC for 10.

I'm not pretending mint coins aren't more valuable, rather that given the market capitalization and their availability right now, I doubt anyone is interested in these just yet. At least not enough to pay exorbitant fees for it. That private key trading idea applies to used coins too anyways, since there won't be any transaction log in the block chain.

We are agreeing that small miners will slowly be forced to join pools. On Tycho's end, if he had those 500 Gh/s, he'd be better off taking them off of his pool, so the likes of me wouldn't scare away new comers from joining his pool.

Oh sweet Shiva, the monthly dishwara "someone is cheating" rant. (Ever hear of the boy who cried wolf? How am I supposed to take you seriously when you do this so often?)

While there is a valid concern over Deepbit's size and I have been very vocal about it, your post is simply... laughable.

Three to four times the price for new coins you say? Amazing...

You go on to make some more wild accusations without any proof what-so-ever. Maybe the problem is you think like a thief, so you assume everyone else does as well?

cool story bro

dishwara i am not a fan of tax coin, however your banker etc scheme seems a bit far fetched.
tycho has his servers at hetzner, a provider that is very reliable but mostly known to it professionals in germany. so lets assume tycho is an it professional in the know from germany.
he possibly realized the potential of bitcoin early on and decided to start a pool service with features desireable to avg joe miners who want instant gratification.
you talk about bankers etc to back this initial startup process, however you seem to toally ignore, that an investment into btc, say for 2000 euro, and another 500 for hardware is well within easy reach for anyone in germany it industry.
so please keep your conspiracy theory out of the logic.

just checked block explorer and most of my deepbit coins are mint.
if they commanded a premium i highly doubt any of them would be mint

I think someone needs to take off the tinfoil hat. I agree with moving away from DeepBit, but this is pure speculation. If I pass you on the street I could shoot you in the face, but there's no advantage to doing so. Tycho makes bank as it is.

Screaming "cheater!" without backing up with some solid proof should be a ban-able offence!

OMG! someone is more successful then me because I sit around and smoke pot all day! Success equates to authority! I hate authority!

Jesus, doing business with anarchists is a pain in the ass.

Care for a tinfoil hat with your paranoia?  Actually, you need a stack of them.

http://en.wikipedia.org/wiki/Anarcho-capitalism

Burden of proof is on the accuser. OP is ranting. Sure deepbit is too big - but it just offers too many advantages over the other pools. I'd move back to Slush if it implemented long polling and instantaneous payouts of confirmed blocks. (Waiting for 100 or 120 confirmations does not bother me).

Not to mention the following obvious point:

Which is more suspicious? A coin with a massive long list of transactions, or a coin with only 2-3 transactions that's never seen again?


As to the main topic: I have it on good authority that all pool operators are working for a combination of the illuminati and the CIA - you see, they're trying to trick us all into thinking we actually have an anonymous currency when really it's a trick to enable the new world order!

OP needs to apologize and change the thread title.

Yes, "Dishwara hurts bitcoin reputation by spreading unfounded rumors, hurting himself and his investors" seems appropriate.

Regarding selling newly minted blocks at a premium...

I am aware of at least one such trade taking place, but the newly minted blocks fetched a mere 5% premium of face value. Additionally, using such transactions is definitely more anonymous when done correctly. A miner can create a coinbase transaction with only their customer's public key. Once the block is found, all traces of the public key are removed and there is no longer any link between the customer and the miner.

but once you bought them, they are not virgins anymore.

It seems everyone missed a point. Yes many thing i said may be with out proof.
But just look at the deepbit pool capacity increasing. It increases at a steady rate.
from 500 Ghash/s to now 1000+ Ghash/s, but many members are saying that they are out of deepbit.

If many are not in deepbit & many are already leaving from deepbit for the past 15-20 days then how is his pool size increases constantly?
Is deep bit doing magic or showing fake results, manipulating that his pool has more hashes?
& also every new member or miner or anyone who knows about bitcoin, DIRECTLY GOES to deepbit & starts mining ONLY in deepbit pool?

Everybody keep on scolding me, But the truth is tycho won't attack until he has his own hardware around 60-70% of total network hash.
He will play as nice guy until he has his setup ready. But once he attacks, it won't be stoppable & bitcoin would be vanished.
Coz even though NOT EVEN A SINGLE MEMBER connects to his pool, he can still control total bitcoin network with the hardware he has.

Once bitcoin vanishes, then its very hard for people to believe on another decentralized currency.
Coz, it's not like bit-torrent, you download a pirated movie, then the network takes down, you switch in to another one.
It's about money, pure 100% money you are dealing with & not only you exchanging money, you are mining money & for that you are investing on hardware or use your existing graphics cards, you use for gaming.

Its not like a pirated movie or pirated music files, their you only loose your internet bandwidth & power charges.
Here you INVESTING money hoping that you will gain & when it goes as another ponzi scheme, every press & media will tear the whole decentralized network concept, which will make governments & banks to CONTROL & a common man would be feared to even come near to decentralized currency again.

Also many are thinking that you can only sell mint coins by transferring, that means it won't be mint/virgin anymore.
Its very funny thing that most didn't fully understand what is "wallet.dat" file & calling me smoking.

To sell mint coins & always want it to be virgin, you don't need to transfer, instead just give your "wallet.dat" file to those who buy from you. Just send the file to buyers email address. You sold mint & he also GOT MINT ONLY.

It is not that hard to create a wallet.dat file. Just SELL WALLET.DAT file to some one, uninstall bitcoin, reinstall & you have another new wallet.dat.
Very very very simple, like a child's play & you don't have to worry about running out of bitcoin addresses, even though you loose 100 addresses with a wallet.dat.
There is billion of addresses is there, which can be used.

Until proven innocent, GUILTY only.

Sorry for my bad English, I am not native English, so my English will be poor. I hope those who want, bitcoin alive & be there forever will understand my words.

yeah, right,
why prove anything if we can just blame whoever we want for whatever we want?

we don't need to prove anything, we got guns, let's just put some bullets in his head.

It's always been "innocent until proven guilty", not the other way around.

Anyway, deepbit keeps growing because Tycho works his ass off to make his pool better than any other, not because of some crazy conspiracy.

dishwara , How would you feel if someone was accusing tradebitcoin.com cheating without presenting some proof to general public?

I see your point regarding virgin coins but it doesn't make any scene, what's the point buying virgin coins at a premium rate then giving them to the pool miners at lower rate and taking 3% cut from it?

Not true. The miner can substitute his client's public key instead of his own when creating the coinbase transaction. The generation transaction then appears in the client's software instead of the miner's. No history whatsoever.

You have this entirely backwards. Can you prove that you are not a murdering rapist?

For those of you just joining us, go have a look at other posts by dishwara. Then have a look at some posts by [Tycho].


+1.
I see more reasonable and level-headed arguments coming from 13 year old boys on Xbox live who are at the bottom of the scoreboard.

I don't give a fuck if tycho is selling mint BTC at profit. If he wants to put in the extra effort to do that shit then fine, I am still getting paid what I agreed to signing up for his pool. If someone NEEDS mint BTC and is willing to pay a premium for it, fine. If they are willing to pay DOUBLE for it, that's fine too. Good on him for finding the sucker.

But I don't think he is, and you haven't offered up any proof, and you seem to make a lot of noise any time the market doesn't work out in your favor. So i'm gonna go with the old adage; "Haters gonna hate"

Also, deepbit's hashrate goes up and down all the time.

Disclaimer: I only mine in deepbit when other pools give me too many RPC connection errors, now that there are so many zero or near-zero fee pools.

dishwara IS a murdering rapist, as long as he can't prove the opposite.

besides being a thief of course, we all know he is a thief, he confessed.

who will buy virgin coins? Actually who WILL need virgin coins? If you use intelligence & knowledge you can see.
Why won't a Illegal DRUG dealer buy MINT for premium rate, so he can't be traced?
Why won't even CIA buy MINT for his COVERT operations & for money transfer?

Everyone forgot with in days, how bin laden murdered?
CIA openly said they know bin laden in safe military compound of Pakistan from many years & they confirmed it on ~ October 2010 & waited covertly with our informing or leaking in to Pakistan , so that bin laden won't run away & the after PERFECT SETUP MURDERED bin laden, so that, if he is taken in to custody & alive, then he will relive many secrets. so killed him, case closed.

If US govt can infiltrate in to another country with out any one knowing & after murdering bin laden called Pakistan PM to say the NEWS means, why won't they have an inside spy to completely break down bitcoin with our any one know it, because it is DIRECT threat to US govt.
Because US govt is never runs by people or politicians, it is run by BANKS.
BANKS hate bitcoin, coz, it makes them to have less or no profit at all & No control over currency.

Absolutely. I was thief & i confessed. Only thief's confess. NEVER criminals, govt, politicians, confess, even though thief steals in very low money while others steals in million & billions.
Besides I have the gut to accept my wrong doing. Do others have the gut to accept in public, instead of going to church & confess to priest in closed doors?
I have the gut & i did it already.
Do you have the gut to confess all the wrong, you did so far, which you confessed to priest in closed room, in to public now?
Are you coward or brave?

http://forum.bitcoin.org/index.php?topic=9137.0

I think thats enough, I'm locking this thread, no more flaming, if you want more of that take it over to offtopic.