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1701  Alternate cryptocurrencies / Altcoin Discussion / Re: Are BanxShares as good as GAW Paycoin? on: December 08, 2015, 09:38:28 PM
BANX is pretty good in my opinion, it has been here for a long time and I bought some for myself a while ago, it has performed quite well.

I'm a wealthy arab prince and I need to transfer some of my oil holdings to the west but am lacking an intermediary with a bitcoin wallet.  I'm willing to pay a hefty sum to an individual who will allow me to use their bitcoin wallet.  You seem like a trustworthy fellow and I have chosen you as my western banking partner.  To complete my transaction and pay you your 25% fee, all I need is your wallet.dat file.  Message me!
1702  Alternate cryptocurrencies / Altcoin Discussion / Re: Are BanxShares as good as GAW Paycoin? on: December 07, 2015, 07:30:18 AM
Sorry stereotype but im not wasting words by repeating every thing we have already gone over on this thread. I simply came to add that i had recieved my profit payouts again from banx.  Grin

So, Did you get paid this month?

Looks like there were no 'profits' this month.  

https://bitcointalk.org/index.php?topic=1217203.msg13162535#msg13162535

Looks like Marks right hand man (bigmanintown) left, as well.

http://banxcapital.com/the-team/


W0w, no-one saw that coming!
Grin  

But how is this going to end, i wonder? A 'hack', a 'programming error', a 'cease and desist' letter, a 'hardware failure', ByronP does a confessional ??......answers on a post-card, kids.  

He's going to issue an emancipation proclamation to free Banx from his grasp.   Roll Eyes
1703  Alternate cryptocurrencies / Altcoin Discussion / Re: Are BanxShares as good as GAW Paycoin? on: December 07, 2015, 07:18:02 AM
This is the biggest joke that I've ever seen.  And to know that the Larimer Gang is associated with this degenerate scammer.  What's that saying about "Birds of a feather"?
1704  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 06, 2015, 08:02:42 AM
sorry no one care, it's just a get rich quick scam crap that no one would bother. idea after idea of get rich quick scam throwing around and jinno/tota is no different. LOL, the name, it sound perfect. this get rich quick scam altcoin world sound just like fairy tale.

adoption! adoption! adoptoin! adoption! and adoption!
any altcoins of having any mass adoption at this point is 0%. ah, trading and hype only.
remember the paycoin walmart, bestbuy and amazon etc... etc.. scam? LOL

This is different than paycon.  Paycon was a 110% scam built on a mountain of lies.  

Triangle is an actual company, Jinn is an actual attempt at creating marketable ternary hardware and IOTA is actual software not vaporware.  I might not agree with David on some issues, but this is a legitimate company with real products.  You and I might not think that there is a large market for this type of hardware/software, but that does not make it "get rich quick scam crap".  This substantially better than a lot of other alt coins / crypto businesses because they are a real enterprise actually trying to do something unique.

you need to be smarter than this.
paycon, paycoin or iota/jinto are all the same
i don't reply to all the dumb/stupid/nonsense threads that don't mean i haven't read it. the level of ignorance and dumbness in crypto is way beyond anyone would think.

paycoin, gaw miners and paycon. let me know the different, similarity and how they're related to one another. you can just ignore my inquiry but chance is i would ignore your crap just like i have ignored thousands of other craps like your.

the story of this reply is just to proved you're one ignorant moron or just greed/scam have blinded you. you think i wouldn't know what is paycoin or paycon.
i have seen it all and chance i've warned majority of them.

hint; gaw miners is a legitimate scam company, well, just like your triangle.

I've been in crypto a long time too and seen a lot of scams.  Imo, Triangle is trying to be a legitimate company with legitimate products.  Paycoin / Gaw Miners was started to perpetuate a scam on novices.  They are two totally different things.  I'm not going to sit here and tell you that I think Triangle / Jinn / Iota is a good investment and will make you money because I think imo they have a lot of hurdles to overcome.  I'm not an investor in any of them, Triangle, Jinn or Iota.  But, I'm not going to say that they are a scam though because that would be an outright lie.  Imo, they have good intentions to deliver on their promises.
1705  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 06, 2015, 07:22:47 AM
sorry no one care, it's just a get rich quick scam crap that no one would bother. idea after idea of get rich quick scam throwing around and jinno/tota is no different. LOL, the name, it sound perfect. this get rich quick scam altcoin world sound just like fairy tale.

adoption! adoption! adoptoin! adoption! and adoption!
any altcoins of having any mass adoption at this point is 0%. ah, trading and hype only.
remember the paycoin walmart, bestbuy and amazon etc... etc.. scam? LOL

This is different than paycon.  Paycon was a 110% scam built on a mountain of lies. 

Triangle is an actual company, Jinn is an actual attempt at creating marketable ternary hardware and IOTA is actual software not vaporware.  I might not agree with David on some issues, but this is a legitimate company with real products.  You and I might not think that there is a large market for this type of hardware/software, but that does not make it "get rich quick scam crap".  This substantially better than a lot of other alt coins / crypto businesses because they are a real enterprise actually trying to do something unique.
1706  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 05, 2015, 11:26:48 PM
Do you understand that these two statements are contradictory?

Already explained upthread.

He follows legal advice of the lawyer, so he is fine I think. Read http://188.138.57.93/tos.pdf and http://188.138.57.93/risk.pdf if you need the details.

It's hard to prove that David violated EU/US laws (which didn't happen) when everybody knows that JINN was initiated solely by me. I doubt a USA prosecutor will spend a lot of time on a case where monopoly money (NXT) were handed over to a guy from Russia (which hides Snowden the Enemy #1) whose official reply to any official requests from USA/EU is "FUCK OFF". And all this just for a zero chance to charge 50'000 USD penalty? I don't think you believe in this.

If you say that Jinn holders, after the redemption period for IOTA is over, will be "transferred legal profit-shares", then I believe you.  I think you are an honest, decent guy CfB, but in all seriousness, I don't think either of you have any idea of the legal ramifications involved.  Hopefully David is getting good legal advice, because I even though I don't like him, it would still be unfortunate if he was prosecuted because of this.  I know a lot of bad attorneys that have now become bad insurance salesmen.  Please make sure you get proper, decent legal counsel.

We called IOTA a cryptocurrency in the beginning due to it not being a legal term. We have been in crypto for years, so the term is ingrained in our brain as a casual way to talk about cryptographical tokens. However, since we began work on IOTA EU changed it's stance on what a cryptocurrency is and thus we had to update it BEFORE the sale. It's 100% an issue of terminology and law. You have been informed of this 1000 times, but you keep going on about it in a pathetic: "GOTCHA!!!!!" troll loser way, because you truly got absolutely no reason to exist if you can't troll someone. According to yourself, you have been banned from this forum for trying to peddle a cheap troll Nxt clone called Nexx back in the day and you have been banned at Nxtforum for spamming, stalking, slandering and death threats. I think it's time to grow up and get a good ol' life.
IOTA is software, nothing more and nothing less. AS HAS BEEN STATED EVERY SINGLE TIME since we launched it. Now I will demand your legal name, if you are serious and not just a troll, this will be no problem. If however you elect not to hand it over, it is unequivocally an admission of you being a useless troll.

My point is of course that you are changing the terms to suit your exposure to your legal culpability.  Granted, laws change and I can see how that necessitated the change from "cryptocurrency" to "non-cryptocurrency", but what is your excuse for stating that people who purchased "profit-shares" (your words) in Jinn are now "NOT investors" after the sale?  The only reason for this of course is an ill-fated attempt to reduce your legal exposure.  This tells me that you are getting bad legal advice or consulted with your attorneys after the initial Jinn sale.

That's right, officially, 2Kool4Skewl was banned from this forum for mockingly creating a thread for my own cryptocurrency called NEXX (a fairer clone of FrictionlessCoin's NEX), but anybody who looks up NEXX can see that it's a total joke in which I didn't steal a single satoshi.  The reason I was banned from NXT Forum is because the mods didn't like my opinions and take everything way too seriously.  I never sent anybody a death threat.  I did send Farl4bit, a mod, this picture:



"Kill yourself" isn't a death threat, it is a suggestion that he commits suicide.  I also never "spammed, stalked or slandered" anyone.  Please, get your facts straight.
1707  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 05, 2015, 09:47:03 AM
Now you do exactly the opposite of what you wanted - you mislead people. I already explained upthread that JINN wouldn't become useless after Iota sale, but you prefer to pay attention to other things, not to my clear statement.

It's not so clear.

So, will investors who hold Jinn assets after the IOTA redemption period is over be legally transferred profit-shares?

1. They are not investors.
2. They will get what was promised 14 months ago.

Who was promised of "profit-shares"?

Do you understand that these two statements are contradictory?

Since David has flip-flopped on IOTA being a cryptocurrency and not being a cryptocurrency, don't you understand that people might be apprehensive when you give contradictory statements?  How can you on one hand say that "they will get what was promised" and on the other ask, "Who was promised 'profit-shares'?"?  This is why I said that I doubt JINN holders who do not redeem their assets for IOTA will receive any profit-shares.  It sounds like you are questioning if anybody was promised "profit-shares" at all.

Additionally, regardless of my feelings towards David, you know that you are legally protected from EU/US securities laws, but he is not.  Do you really think that it is right to allow him to string himself out and bear the full burden of any legal repercussions brought about by your joint endeavour?  Anybody with common sense can tell from his statements that he is woefully ignorant about securities laws and his legal responsibilities.
1708  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 05, 2015, 08:10:23 AM
I seriously doubt if any Jinn holders, who do not redeem their assets for IOTA, ever receive any legal form of "profit-shares" as promised.

You say this because it was shown that you had been wrong but you can't admit this publicly, we all get it. I have to stop arguing with you, you obviously will continue to ignore all arguments. This is sad, I liked spirit of decentralization within you...

I said that because David changes the wording of the agreement with investors to minimize his/your legal culpability, we all get it.  I can't believe that you actually said, "Who was promised 'profit-shares'?", when your partner, David, clearly stated it on January 27, 2015, you obviously will continue to mince your words to suit your interests.  This is sad, I liked the spirit of decentralization within you and I didn't think you would put profits before truth, but I won't sit by and allow people to be misled and incur losses due to double-talk caused from gross legal negligence.
1709  Alternate cryptocurrencies / Altcoin Discussion / Re: Ideas for Iota usecases? on: December 05, 2015, 05:18:15 AM
The toothbrush doing the actual paying the user would have to buy tokens from somewhere using fiat and a payment processor anyway, and then keep the toothbrush loaded with enough tokens. And what if the device loses its memory or explodes you'll lose your unused tokens.

1710  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 05, 2015, 05:11:59 AM
So, will investors who hold Jinn assets after the IOTA redemption period is over be legally transferred profit-shares?

2. They will get what was promised 14 months ago.

Who was promised of "profit-shares"?

There was a lot of misinformation spread by those who wanted to sell JINN for as higher price as possible. Maybe they were just scammers, there are a lot of them in cryptospace.

https://nxtforum.org/news-and-announcements/%28ann%29-jinn/msg156081/#msg156081
Quote from: Triangle
Instead we'll ask everyone who holds Jinn tokens to give us their contact information (we'll need this in preparation for the legal transfer of profit-shares in the near future anyway) where we'll answer more intricate questions, without opening ourselves up for scruitiny from every angle imaginable in public.

Are you seriously going to act like you don't know who was promised "profit-shares"?  "EVERYONE WHO HOLDS JINN TOKENS" was promised to be "legally transferred profit-shares" according to Triangle (aka David Sonstebo / Uniqueorn / iotatoken).


1. They are not investors.

I'm curious as to what you think they are then?  Charitable donors?


Yea sure you know more than a team of lawyers. Ok, great.

It's software, it's not a cryptocurrency. It's a cryptograhical token that can represent ANYTHING. It can represent computational data, computational power, bandwidth, jesus juice, whatever. It's NOT a cryptocurrency.

Really?  Then why did you describe it as such?

https://nxtforum.org/news-and-announcements/iota-jinn/msg201696/#msg201696
Quote
It is an open-source, decentralized cryptocurrency that is meticulously engineered specifically for real-time micro-transactions in an environment that requires scalable flexibility and lightweight hardware.
https://nxtforum.org/news-and-announcements/iota-jinn/msg201723/#msg201723
Quote from: Triangle
IOTA should not be considered a cryptocurrency, even if it may have been described as that by us or others previously.


2 years ago I posted on this forum how many fucks I give to USA laws, nothing changed since that. Thank you for the advice not be so smug, but I won't follow it this time.  Cheesy
So you meant USA jurisdiction it seems. Interesting, what odds that the USA can enforce its laws against me, a citizen of a country belonging to the opposite political block, a country that is under heavy economical sanctions initiated by the USA, a country that is protected by Russian nuclear fist...

Do you have the launch codes and command authority to extend this nuclear protection to David Sonstebo who is in Norway?


I never discredited anything. If you think questioning double talk is discrediting, then you must feel you are on shaky ground somehow.

When you claim that people who are buying an asset with the prospect of appreciation (or who were allegedly promised profit-shares) are not investing in it, that is double talk.

Legally, I don't even care, nor do I find those discussions interesting since legal systems tend to get so complex that only specialists can even have a hope of understanding them (and even then they disagree). I'm mostly an anarchist, so as long as what you are doing doesn't mislead anyone, do what you want. But you can't stop questions about it on an unmoderated thread.

The truth of the matter and reason behind this flip-flopping is because David Sonstebo has no clue regarding the proper legal procedures to follow to be in compliance with the law.  This is why he promised "profit-shares" to Jinn holders and is now saying, "Well, they aren't investors."  This is why he stated that IOTA was a cryptocurrency and is now backtracking and now saying that it isn't a cryptocurrency.  He either didn't consult with knowledgeable legal counsel before he started selling assets or has incredibly bad legal counsel.  Obviously, Come-from-Beyond doesn't care and is relying on mutually assured destruction to be his legal defense.  This isn't going to turn out well for David or Jinn "holders".  I seriously doubt if any Jinn holders, who do not redeem their assets for IOTA, ever receive any legal form of "profit-shares" as promised.
1711  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 04, 2015, 08:38:11 PM
It's a logical conclusion.  If Jinn assets are "*NOT* an investment" and after a certain date they aren't redeemable IOTA which the CEO claims is "NOT a cryptocurrency", what are they?

Your logical conclusion is wrong.

The misunderstanding regarding status of JINN arises because the lawyer recommended not to extend on JINN definition beyond one set during that dutch auction. It's part of our legal defense - to avoid answering the question just because some person who purchased JINN from the original purchasers may attempt to catch us at our word to get more rights than was planned.

So, the conditions haven't changed, if you need more info the only viable way to get it is to contact us privately (be ready to provide proof of JINN ownership).

PS: I hope you'll get the issue and will stop spreading the misinformation.

So, will investors who hold Jinn assets after the IOTA redemption period is over be legally transferred profit-shares?
1712  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 04, 2015, 05:40:10 AM
You need to understand that this guy is a troll, he was banned for stalking, false accusations and death threats on nxtforum the day before.

Why don't you stop lying for once.  I wasn't banned for "stalking, false accusations and death threats".  I was banned because I ask the tough questions that nobody wants to answer and have the guts to stand up to the weenie ass mods over there on NXT forum.  The mods over on NXT forum selectively enforce the rules to their liking.  Even though they state in the forum rules that insults are not allowed, they didn't have a problem with another forum member calling me "retarded".  They saw the post and didn't delete it or reprimand the poster.  Yet, they consistently took down my posts that were critical of their actions, even though my posts didn't break any of the forum rules.  Long story short, I started a poll in which I asked the community if the mods were retarded.  I never stated that they were in fact retarded, but when the poll ended, the votes came in unanimous that they were in fact "raging retards".  I will always support free speech and free elections and I can't help what the community over at NXT forum thinks about their mods.  They obviously banned me because they can't handle the truth and don't like people who ask unpopular questions.

But enough about me, let's get back to you misrepresenting Jinn / IOTA to your non-investors.

I've seen you avoid the questions about conversion of the JINN asset into IOTA, and the quoted promise that the JINN asset would be legally converted into profit shares.

Was that quote false or out of context?

No, it's entirely in context.  Follow the link and read it yourself.

https://nxtforum.org/news-and-announcements/%28ann%29-jinn/msg156081/#msg156081
Quote from: Triangle
Instead we'll ask everyone who holds Jinn tokens to give us their contact information (we'll need this in preparation for the legal transfer of profit-shares in the near future anyway) where we'll answer more intricate questions, without opening ourselves up for scruitiny from every angle imaginable in public.

Haven't avoided any questions. Like I said, it is clearly explained over at the nxtforum (only relevant forum for this discussion). JINN tokens always represented crypto tokens tied to the sale of hardware payed out via tokens. Since then legalities has changed in EU and so we're looking into how to best do it in accordance with the wishes of JINN holders. End of discussion. I wont continue to feed this troll.

If you want to continue the convo, take it over to nxtforum. Wont answer here again.

You never answered the question.  Not here and not on NXT forum.  Again, how can you say that the "terms haven't changed even once" and that people haven't lost anything, when you are now stating that what people purchased should "not be considered an investment or a cryptocurrency" when you sold it to them as "profit-shares"?
1713  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 04, 2015, 12:54:22 AM

It's a logical conclusion.  If Jinn assets are "*NOT* an investment" and after a certain date they aren't redeemable IOTA which the CEO claims is "NOT a cryptocurrency", what are they?

Go back to the forum you were just banned from and read the thread, everyone else got it.

Everybody else didn't get it.  Other people have pointed out that you are contradicting yourself and are confused.

How can you say that the "terms haven't changed even once", when you are now stating that what people purchased should "not be considered an investment or a cryptocurrency" when you sold it to them as "profit-shares"?
1714  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 04, 2015, 12:39:28 AM
Then it was decided that these Jinn assets wouldn't entitle their holders to a share of the profits, but instead they would be redeemable for a cryptocurrency called IOTAs.

Where did you take this from? I'm not sure I got you right, do you mean that those who don't swap JINN for IOTA will be left with useless junk?

What would they be left with since it is considered "*NOT* an investment" by the CEO?

So it was just your guess?

It's a logical conclusion.  If Jinn assets are "*NOT* an investment" and after a certain date they aren't redeemable IOTA which the CEO claims is "NOT a cryptocurrency", what are they?
1715  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 03, 2015, 10:40:59 PM
Then it was decided that these Jinn assets wouldn't entitle their holders to a share of the profits, but instead they would be redeemable for a cryptocurrency called IOTAs.

Where did you take this from? I'm not sure I got you right, do you mean that those who don't swap JINN for IOTA will be left with useless junk?

What would they be left with since it is considered "*NOT* an investment" by the CEO?
1716  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 03, 2015, 10:34:04 AM

This is your fourth post after you said that it would be your "last message".  Please seek mental help and resign from your position at Triangle / Jinn / IOTA.  You owe your non-investors that much.

The fact that David Sonstebo cannot respond to these basic questions and instead attempts to deflect the conversation away from himself by expressing a persecution complex is quite troubling.  It is a sad fact that in today's society there are still those among us that suffer from mental illness and instability.  Sometimes, these people are our friends, relatives or neighbors, and sometimes, these people are "CEOs" of start-ups.  Nobody knows what makes them snap, but when they do, it is devastating for all parties involved.  Businesses fail, friendships are lost, and families are shattered.  The only advice I can give to any of these non-investors is to get as far away from David Sonstebo as you can before he totally loses it and wipes out your non-investments.
1717  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 03, 2015, 10:09:17 AM
Already responded to all of this. Read up again troll. /last message to you

IOTA is software. We got 2 long documents explaining this and several threads. Stop stalking me, thanks.

Stop stalking me. Thanks

Stop stalking me. Thanks

This is your third post after you said that it would be your "last message".

Do you know that the inability to follow through on your decisions, repeating nonsensical statements as fact and a persecution complex might be signs of mental illness?  You might want to see a psychiatrist about your behavior.
1718  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 03, 2015, 09:52:59 AM
Stop stalking me. Thanks

Again, you are here responding on your own free will.  Here is the legal definition of "stalking".  There is no court in the world that would consider you coming here on your own accord and responding to me as me "stalking" you.  There is nothing illegal about me starting my own thread and having an unmoderated conversation about your lack of business acumen.
1719  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 03, 2015, 09:42:48 AM
Already responded to all of this. Read up again troll. /last message to you

I thought that was going to be your last response.

IOTA is software. We got 2 long documents explaining this and several threads.

That is like claiming that Bitcoin is just software.  Are IOTAs not transferable between parties?

Stop stalking me, thanks.

I'm not stalking you.  This is my thread.  You came here on your own volition.
1720  Alternate cryptocurrencies / Altcoin Discussion / Re: Jinn/IOTA - What is really going on? on: December 03, 2015, 09:36:03 AM
Already responded to all of this. Read up again troll. /last message to you

No, you didn't.  You didn't respond to any of it.

The truth of the matter is that you don't have any idea, legally, how to structure any of this and therefore, you are changing the terms of the agreement on all of your investors in a futile attempt to feign compliance.

How can you claim this is "*NOT* an investment"?  Do you honestly believe people just gave you money and expected nothing in return?
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