Illodin the scam sympathiser and defender  


INSTAMINE ALERT

Attention: The developers and insiders scam instamined over 1.5 million DASH in the first 8 hours of launch then lied about it.

SCAM IN PROGRESS


Number of Dash scam instamined in the first 8 hours of launch: 1,567,052 or 27.13% of current coin supply (7.83% of TOTAL  supply that will ever exist)

Number of Dash scam instamined in the first 24 hours of launch: 1,868,604 or 32.36% of current coin supply (9.34% of TOTAL  supply that will ever exist)

Sacrificing "trolls" qwizzie? That's not at all disturbing or cult-like behavior. It's very enlightening to see how Darkcoin/Dash deals with the inconvenient facts about their coin.

Don't worry, it's just Otoh dumping a few days worth of Masternode payments. Oops did i say dumping? I meant he's doing a "controlled burn" ROFL


Daily DASH facts!

Number of Dash scam instamined in the first 8 hours of launch: 1,567,052 or 27.13% of current coin supply (7.83% of TOTAL  supply that will ever exist)

Number of Dash scam instamined in the first 24 hours of launch: 1,868,604 or 32.36% of current coin supply (9.34% of TOTAL  supply that will ever exist)

Thanks illodin, i've amended my post to specify the percentage of scam instamine compared to both the Current supply and Total supply that will ever exist.

ROFL keep telling yourself that. eduffield is a joke with zero credibility and anyone with a brain already knows that. He has done more damage to the legitimacy of crypto than those amateur scam devs ever could.

See this thread inspired by eduffield and The Darkcoin Foundation: https://bitcointalk.org/index.php?topic=1173474.0

Number of Dash in total supply as of today: 5,774,494

Number of Dash scam instamined in the first 8 hours of launch: 1,567,052 or 27.13% of current coin supply (7.83% of TOTAL  supply that will ever exist)

Number of Dash scam instamined in the first 24 hours of launch: 1,868,604 or 32.36% of current coin supply (9.34% of TOTAL  supply that will ever exist)

Try announcing a pre-mine over 0.1% on a new coin launch, what happens? The dev would get roasted alive. Much better to instamine a HUGE percentage of coins on day 1 and lie about it being a "just a bug - oops! we're keeping the coins btw"   As an added bonus, coinmarketcap won't even flag you for being "significantly premined" if you do it this way.

This is exacerbated by the fact that the 1500+ masternodes from the scam instamine would have made 10's of thousands of Dash in income, without having to sell any of the actual coins that were scam instamined.

eduffield and The Darkcoin Foundation need to give themselves a big pat on the back. and let's not forget all the shills and scam defenders, it wouldn't have been possible without you

It's actually very simple aleix.

Dash is a proven scam due to the reasons in the OP and my subsequent posts. You haven't refuted a single one, yet you continue to defend it.  Sorry you get insulted so easily but that still doesn't change the facts: you're defending a proven scam. See how that makes you a scam defender?

It sounds like you're invested not just financially but emotionally as well

There will always be scam defenders like aleix who just don't get it.

Cry me a river Otoh.

What's most telling is you genuinely believe flaunting screenshots of your 1000+ masternodes and bragging about how you have $1 million+ worth of shit token is being humble. The delusion is quite strong with you.

You want to continue defending and promoting a known shitcoin scam on Bitcointalk? Be my guest. I'm sure you'll continue making every effort to keep the price propped up while you dump dozens of BTC worth of masternode payments daily. I will be here every step of the way pointing out the many inconsistencies coming from you and your circlejerk buddies.

Either put me on ignore, or fuck off back to dashtalk.

"You all had the chance to buy it or mine it" - Only if you were a linux miner and happened to catch the launch during the instamine period. The vast majority of the instamine was done in the first 8 hours (1.5 million coins of the 5.7 million that exist were scam instamined in the first 8 hours)

This really doesn't change the fact that eduffield and his instamine cronies were intentionally deceptive at launch and on many occasions since then. Some would say he's a downright scammer, and he was also nominated for the prestigious 'Master Scammer of 2014' award.

Not only is this not a valid excuse for scam behavior as Illodin and his merry band of scam defenders would have you believe, but it's actually another step in the eduffield scam bible:


- Don't announce any features at launch. Withhold any plans you have for your coin. It should look as generic a shitcoin as possible. This will eliminate even more competition during our instamine period! Make sure you call the coin something really stupid and generic like "Xcoin", we will change the name several times later on.

This is a work in progress. Another step:

- Take 11 existing hashing algorithms, chain them all together. Call it "X11" because you're that unoriginal, say you invented it.

- Take CoinJoin's work, implement it in a HYIP masternode scheme. Call it "Darksend" and say you invented it.

Sure, we believe you...  from the shitcoin scam bible pioneered by eduffield and The Darkcoin Foundation:


Step 1. Mislead as many people as possible: Like so:


"Definitely not" and then you launch it 2 hours later.

So i'm sure the new masternode blinding will "Definitely" be a million times better  

Ok, so where's the masternode blinding again? I notice you selectively quoted my post, just like eduffield selectively answers questions. Real dev teams don't make a big deal about announcing features and then never speak about them again... scammers do.

How crass.

Aren't we about due for another pointless wall of text from you toknormal? Maybe even a few of your cartoonish out-of-context infographics you can put a "pro-dash" spin on?

I sure hope you're paid in BTC not Dash for your "scam promotion for hire" services.

More lies from Otoh, how surprising! 

Pay no attention to the fact that he bought hundreds of thousands of Dash UNDER 0.001, or that he's generated tens of thousands of coins from his 1000 masternodes and dumped them (dozens of BTC daily) on you while making you believe he was a supporter.

No, of course he didn't sell because he thinks the price is going back to 0.001.. no.. he wants you to believe he doesn't know what he's doing!

Is there anyone affiliated with this shitcoin that ISN'T full of hot air?

Haha, I just call it how I see it. When I starting posting here toknormal you didnt even know the difference between their there and they're so I really wouldn't talk about grammar/vocabulary if I were you.

You sound like a smart guy, but I really don't understand why you'd even consider taking investment advice from a known shill like toknormal (not to mention fellow windbags Ghostplayer and Minotaur26)

These guys have recommended buying at the following prices:

0.02
0.018
0.015
0.012
0.01

Seeing a pattern here? Keep taking advice from shills, see how that works out for you. While you're at it, keep listening to Otoh, who says he believes in the coin but dumps the crap out it from 0.01 to 0.009.. LOL. Otoh is not your friend.

Hey man this is Dash... most of the supporters are clinically braindead and will cheer for anything otoh or eduffield do and say including dumping (aka "controlled burn" ROFL)

So otoh claims he believes in the coin yet he's dumping as fast as he can... sounds legit 

Btw ice isnt a dev for any coin... the ghostplayer shill didnt mention that part.why bother correcting misinformation when it furthers your agenda right ghostplayer?

FTFY

A fair launch meaning no instamine? Come on man we're not in this for the love! We're here to extract as much money as we can by any means necessary. Please see step 1.

This thread is for open discussion on how you can have your very own shitcoin scam by using these tried and true techniques.

We'll be using Darkcoin/Dash as the main example since they pioneered many of the deceptive scam techniques discussed in the following steps!

Maybe you need to recoup some losses from a bad crypto investment? Maybe you just want to improve your life circumstances? Use the following techniques and start making BTC today!


How to launch a shitcoin scam in just 6 easy steps!


Step 1. Mislead as many people as possible about the launch time. Like so:




"Definitely not."  

We all know he went on to launch it a couple of hours later, despite his confirmation that he'd wait until the next day at the earliest. Bravo Evan, you're a class act. The pinnacle of integrity and professionalism!

TIP: Don't announce any features in your ANN at launch time. Withhold any plans you have for your coin. It should look as generic a shitcoin as possible in order to eliminate even more competition during our instamine period! Make sure you call the coin something really stupid and generic like "Xcoin", we will change the name several times later on.

The more successful you are with Step 1, the more it will help your instamine in Step 2!


Step 2. INSTAMINE! INSTAMINE! INSTAMINE!




Time to instamine your coin! eduffield sets another fine example here with his Linux-only release. This ensures an optimal instamine period without any pesky windows miners getting in the way of it. Eduffield set the bar very high, he managed to instamine 1.5 million coins in just the first 8 hours of launch!

The best part about this technique is that we can get many more coins than a premine and it won't be displayed on Coinmarketcap as being 'significantly premined'! Taking into account the 5.7 million DASH in current supply,  26.31% of coins in circulation were scam instamined in 8 hours. See if you can beat his record!

It's also important to ignore questions about the huge instamine for as long as possible. Deny it ever happened. Viciously attack anyone who posts irrefutable proof of the massive instamine scam. Try to discredit them. Call them trolls and put their names on "troll lists."

***Bonus points if you advertise "No premine" in your ANN title like Evan has done here (despite the massive 1.5 million instamine in the first 8 hours of launch).  Did i mention the integrity and professionalism?



Step 3. Lower the total supply and cut the mining rewards drastically once you're done instamining. This is a no-brainer!

-Lower the supply of coins that can ever exist from 80 million to 20 million.
-Cut the mining reward from 500 coins per block to 5 coins per block.

No one will notice. If they do, we'll just call them trolls, try to discredit them and put them on "troll lists" (see Step 2)

We'll also take this opportunity to make exaggerated claims to make the ANN sound better (now that we're done instamining):

- Take 11 existing hash functions, chain them together. Call it "X11" and say you invented it.

- Take CoinJoin's work, implement it in a HYIP masternode scheme. Call it "Darksend" and say you invented it.

Have a look at the innovation found in the X11 algorithm. Absolutely breathtaking!


Step 4. When your fraudulent instamine gets noticed, start a "Vote" to airdrop an additional 2 million coins (created out of thin air by eduffield) to balance out the fraudulent instamine. Stop the vote early when a few of the other insider instamine scammers complain!



Step 5. When people start rebelling against the scam, no problem. Just change your name! Then change it again!



Step 6. Release yet another gimmick that takes coins from miners and puts them in your pockets. Call them "Superblocks" because it sounds cool. Make sure to call it "decentralized voting" even though 1 person/entity controls over 50% of all masternodes and thus 50% of the vote! Ignore this fact. Call this income stream/dev tax a "feature" and use it to distract from not delivering on your "masternode blinding" feature you announced previously. Don't mention this failure. Ignore any questions about it and just hope people stop asking.