Return the BTC and no harm will come to you Raj, otherwise face the consequences.
I told you I'm no where related visa coin, Why you are asking me to return I have never represented him. I'm just like u who tricked into scam,. I'm also searching for him. tk808, this can be done more carefully. Raj, there are easy ways to prove it is not you (at the minute it does not look good). 1) We'll ask the moderators to confirm your ip address on your account has not been the same as user visacoin 2) You can provide /more/ information, screenshots of all of those emails, how you found visacoin, or how he found you.. every bit of info you have 3) You can provide or let somebody access your hosting account temporarily to extract all log files from transfers and apache logs, as obviously they'll contain info on the culprit.
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and the rest.. the more info you can show the quicker we can catch him...
also, can we ask the mods to confirm you are different users with different ip addresses (raj+visacoin)
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they are both virtually the same, and you'll notice he's spent most of his time in scam accusations, nothing he says adds up.. believed in visacoin but didn't ever mention it? didn't come back to say he was scammed also? (if he believed in visacoin, he knew about it, and if his story was true, he'd have been straight here..), disappeared at the same time? come on.. preface: last year I was scammed out of 200 BTC myself, one of my close friends was scammed a lot also, again he was scammed by "visacoin" .. this one is not being dropped, we have lost too much as a community.
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Raj,
I am removing your personal details temporarily whilst you address this with the community.
Hopefully the moderators will check your IP Addresses are different, at this time it does not look good that you both joined and disappeared at the same time. That your written english is the same, that you didn't respond earlier when VSC disappeared, and of course that every detail points to you, apart from you coming back and saying "not me".
You registered the domain privately assuming it would not be traceable backwards. You disappeared at the same time. If you "believed in" visacoin why is it not in your post history at all?
You're going to have to work hard to convince people, or just admit and do the right thing you could return the BTC and disappear, I'm sure people would leave it there.
Best
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No fees were included in both transactions, so don't complain if it takes some time to confirm. I think the coins weren't mature enough to have a high priority score, but they should confirm in less than 24 hours.
ahh well spotted, thanks
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Well done ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) thanks strange first post, but you're welcome.
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i'm waiting for insanitycoin website ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'm making one slowly, between conversations, scammer hunting, and orders.
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You're welcome ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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no the chap is right because then you send it to the exchange and lose another 10% your right it is cheaper to buy from exchange as you wont incur that charge.
if you choose to do that, you can of course give me a WOLF address which is at the exchange and lose nothing, as many do.
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Isn't it cheaper to buy from the exchange? Doesn't a 10% transaction fee really make the price of buying here .0011, while it's only .00103 on poloniex? Maybe I'm seeing this wrong.
No, if you buy 1000 for 1 BTC from me you receive 1000 - I actually send 1100, 100 of which is destroyed by the transaction fee.
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Hi All, One of my friends just asked me to research VisaCoin, as they were scammed out of a large amount of BTC. Here's what I've found: temporarily removedObviously use due care and diligence when checking things out and starting proceedings, double check my work, especially personal links
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The other night in the InsanityWolf chat room people where planning on going to all the different trollboxes and chatrooms for various exchanges and tell everyone
Thank you for letting us know, in immediate response we put out a PSA at the time. I am unaware of anybody actually doing this though, and have heard no negative responses to Insanity Coin from anywhere as yet ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) my btc in poloniex too ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Withdrawn. Poloniex works fine now. Poloniex added some safe guards last week which immediately lock down all withdraws if anybody tries to withdraw an above average amount, in order to keep all out crypto safe - this can sometimes cause a small but worthwhile delay ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Pot at almost 20 BTC and counting, back at the pc for the rest of the day.
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I'm quite happy with things just as they are, and started playing this game under the original conditions set by the dev. I think it should go on as announced and as planned for the first 9 weeks, and then see where we're at. Nine weeks (or less, if the coins sell out sooner) is a very short amount of time for complete dispersal of all coins, especially for a coin that we don't have to spend time mining. Compared to months or even years for some coins just to reach a halving point, let alone the complete volume of coins in circulation, the timeframe for WOLF is tiny (I mean really, up to 6 hours a day of trading one day a week for up to 9 weeks... that's nothing).
I also really like that the price from the dev does not change until there are no more coins left, which gives everybody equal opportunity to get in for hopefully at least a few more weeks, instead of having a small percentage of people who manage to instamine the shit out of it at release, usually while the majority of people are still trying to get wallets downloaded and pools connected. It is a system that does not favour those with massive hashing power, and though you do need some BTC to play, you don't need a lot. Insanity Sundays allow an opportunity to make a bit of money and have a bit of excitement while we wait for the coins to be fully dispersed/destroyed, and we'll be able to see firsthand what happens to a coin once there is no more supply. Will value skyrocket due to scarcity, or will it fizzle and die after nine weeks without the Sunday buys? It'll be interesting to see, and I'm looking forward to it.
It's a fun game so far, and only a week in. Let's just leave the parameters as they are and as the dev originally intended until this whole thing plays out. After all, the validity of the results of an experiment like this go completely out the window if you start changing shit halfway through. For those who think things should be done differently, feel free to go develop your own coin to your own specifications and run your own experiment. In a nutshell, if you don't like the way the game is played, go play a different game rather than trying (or "suggesting") to change the rules more to your liking.
+1 Thank you, I also agree. Online for now, however I'll be out with my wife for a few hours during the day today. BTC Pot after monday is 15 BTC with multiple orders due.
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BTC Pot at ~13 BTC at the very start of week 2, offline from here, will return tomorrow am UTC to process orders.
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The trust in the value of a coin (not a price, it having value) is the main thing missing for the crypto community at large, so many people will sell at any cost, even a loss, spiralling the death of their own investments. Imagine what would happen if the majority decided a coin was valuable, they would hold, place orders higher and higher than each other, demand would rise and value would rise. The thing which kills most cryptos is the holders having no belief in the thing they hold having value.
1200 years of backing in gold / silver then oil and goods tend to work wonders for the value of a coin. A crypto coin with full reserve in fiat might work the same. For now, using electricity as proxy of the "gold standard" is the best we got. And it's not that bad as it could have been. Value comes from agreement of value, if we all decide gold is valuable, it is. Mint Chip may be interesting in the future, to see what a countries Mint does with crypto. Electricity (work), or stake/burn are all approaches, there are many others not yet codified yet also, hashing as a commodity over blockchains of data may yet arise, ethereum starts in this direction. Very interesting, but a tangent I fear. Raising the price of the supply ensures exponential decline, it would just be people dumping on the subsequent buyers each week, this is why most coins fail.
So if I read you right, you are saying that a new coin should start difficult and decrease in difficulty until a critical mass of adopters / implicit value is reached, and then diff should again increase? not at all, I'm saying that if I sold to you today for 0.001, and bob tomorrow for 0.002, the odds are very high that you would try and sell your coins to alice, perhaps for even less than 0.002. Over a week of price rises, we would see nobody buying from supply any more, and we'd see the price drop exponentially as people clutched to undercut each other to keep some level of profit, however small. So changing the price week on week is not something which I feel is good for WOLF. love the t-shirt, I may just buy one and post a pic of myself in it if this project succeeds. ps: pot at 12.5 13 BTC and rising.
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Current BTC pot for week #2?
I'll PM you this week for another buy
1.6 3.6 4 so far with ~10 BTC pending for today via async email conversations.
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We are only 7 days in, we will definitely keep things as they are now for a few weeks. 9 weeks is a long time for some, and not long for others, you tend to find the first 3 months is when weak hands get out of coins, letting investors get in cheap, so IMHO 9 weeks certainly is not long. I mean that on Insanity Sundays there are not real buyers (apart from some few uninformed "strangers"), but only one whale (you) and a lot of sellers (the rest of us) - and this leads to a total imbalance.
This is incorrect, there were informed buyers with funds equal to ~50% of the BTC in the pot, and no doubt many others watching & waiting for the next week. Each trader has confidence in their own strategy, the more confident they are the harder they find it to understand the moves of others. This will be the biggest challenge for many, another will be breaking bad habits, the desperation to throw away a coin as cheap as you can, even when you have 100% certainty that a whale is just about to buy. Raising the price of the supply ensures exponential decline, it would just be people dumping on the subsequent buyers each week, this is why most coins fail. The trust in the value of a coin (not a price, it having value) is the main thing missing for the crypto community at large, so many people will sell at any cost, even a loss, spiralling the death of their own investments. Imagine what would happen if the majority decided a coin was valuable, they would hold, place orders higher and higher than each other, demand would rise and value would rise. The thing which kills most cryptos is the holders having no belief in the thing they hold having value. Let us see how this unfolds, in some ways it's a measure of the community, and in many ways what each person says in this thread exposes their own thoughts and trading strategy. Please do keep the discussion & ideas coming, as this is one of the few ann threads which comprises primarily of informed discussion and comment, for that I'm already proud of the project and all of you.
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