The only people crying scam seem to be from the PND camp. Meanwhile their arguments don't even make sense. You are quoting my IRC logs, and even there is no evidence of anything other than some serious sarcasm and obviously dealing with the trolls in our channel.
http://thisweekscoin.com/forum/index.php/topic,1049.0.html"SICK OF THE SCAMMERS IN THIS INDUSTRY" all right. I'm going to copy paste this, because this is pure gold He really really screwed us. I was online in the chat when all was prepared. I did his global coin thing (burned). I set my panda buy orders on 55 and 45 went to bet at 04 only to wake up to total loss on everything. He MASSIVELY dumped coins onto the market while CONFIRMING previously (!devnullius yes buy at 55 - short down than price will go up. I'm all set) what we had to do. THEN he blames it on others as "the only right thing to do", not mentioning that ALL his "exclusive" members are now pretty much bankrupt. They are FORCED to stay on Panda if they went all-in and now belong to The Wolong. Resistance is futile. This was not a failed attempt, he deliberately got as many users as possible in the last few days for his exclusive IRC chat room, only to screw us all. I think this is his exit strategy and I would not be surprised that his "enemy" actually is just him. Playing all fronts like a Pro  Yes I'm paranoid but this is the ONLY scenario that makes sense. *ALL* other information just does not make sense. It's lies and deceit, nothing more. Contradicting everybody and making horrible teenage fights with honest enough looking people... Wishing some of their children death. He talks about being hacked. He talks about his developers splitting off and cashing out despite agreements. He says he did not sell anything ("proof" is his wallet). Yet he forgets to mention the billion (whatever the amount) pandacoins hidden away in other stashes. All bought from desperate panicking people that jumped off the pandatrain. I sold 2/3th of my classic Pandacoin just to be with the new pandacoin. Sold many cryptsy stock I had, all for Panda. Old panda was not traded much anymore, seemed to die out, etc. Guess what? 1 day after the rumors of new panda started, old panda began to rise. And rise. And rise some more. Now pandacoins are at an absolute low, he will just sit on his coins and make sure *some* trading is done to keep the coin alive. And he will keep sitting on panda for the year(s) to come. Together with the massive amount of BTC he collected from his royally assfucked exclusive members... All hail the Wolong! In 5 years the guy will be rich beyond believe. Or in jail. Or murdered. I don't think he'll refund 0.2 BTC either And still everyone on the board is kissing his ass and defending him. I'm gullible, but... Damn! Funk that shit! Blowlong, is a piece of shit. He deliberately got everyone he could on to the freenode channel so that he could distract them with his promise of "making it rain." However it was a smoke screen and he started dumping coins instead on the exchanges while people typing how great he was on irc. I was on there too telling everyone to sell and i was getting cussed down for it. Blowlong is a dick and so are the developers for letting this snake into the coin and for taking another coins name. there enough said. sell your crap now because this coin wil be 1-3 satoshi in no time. Except we have a 200+ page btctalk thread, developer support, and a massive community that doesn't give a shit about all the FUD you are spewing in your channels 24/7. There I said it, 500 satoshis next tues. screen shot this post. Right, let me fix that for you. 200+ pages of 85% warnings of a scam being imminent. devs have 0% credibility left Community dumped as they mined, some got left behind, but whoever is left, im sorry you need to have your head checked. |
|
|
|
Dev killed coin .....
dumping into market
did u even saw market numbers .....
The held pandas was in the market ..... the one which supposed to be HELD ... was on the fucking market ....
.. i don't see a single fucking reason wolong would fuck this up .... he had chance of making millions of money ... why waste it for little ...
because he is a little prick thats why Quit spreading lies, I'm right here with my 200 M not at all worried about the markets. see this: Bitcoin group show talking about monumental f*ck up of this coin. http://www.youtube.com/watch?v=EXqFrHOsbic&feature=youtu.bestarts at 038:14 Edit: your famous! |
|
|
|
Congratulations. This F*ck up of a coin made it on Bitcoin Group Podcast as the retarded kid of the the cryptoworld. Well done.
Link please This i got to hear. it still live broadcasting, but here is the channel link. They will post it up properly once its done. Ripped up this complete coin/project/devs. Joke of the community. http://www.youtube.com/watch?v=EXqFrHOsbic&feature=youtu.be |
|
|
|
|
Congratulations. This F*ck up of a coin made it on Bitcoin Group Podcast as the retarded kid of the the cryptoworld. Well done.
|
|
|
|
can't we get new devs and hardfork this coin or something
not worth it. project is dead. Hate to agree but kind of do. I still hold a good amount of SBC though in case something happens but I've given up for now. Hope artos provides us with a ray of hope. My advice is this; just sell it, cut your losses, and move on. Use this as a learning experience. I took a hit on my investment when i sold, but it has worked out for the best. Im up with the new coin i put into. I wish I could but selling now would be an idiotic move because SBC I believe lowest it can go is .01 so I will hold. Either way I am already up a lot with Litecoin, Huntercoin, Darkcoin, and other various investments I made so its like winning 15k and losing 5k. Still up but sad. Fair enough. I saw darkcoin had a good week. well done |
|
|
|
can't we get new devs and hardfork this coin or something
not worth it. project is dead. Hate to agree but kind of do. I still hold a good amount of SBC though in case something happens but I've given up for now. Hope artos provides us with a ray of hope. My advice is this; just sell it, cut your losses, and move on. Use this as a learning experience. I took a hit on my investment when i sold, but it has worked out for the best. Im up with the new coin i put into. |
|
|
|
I think this is a mistake but it's not my career and money on the line. If anonymity is provided, I think this would clearly differentiate Vtc versus Btc, Ltc and Doge. As the overall adoption of crypto itself is less than 0.02% of population, I don't think one can conclusively say that Vtc adoption will not increase significantly if anonymity is provided.
I think many people either refuse or otherwise fail to admit to themselves that the health of digital currency as a whole is dictated by and will be dictated by (in the long run) by bitcoin. The adoption level is so far in that I've seen bitcoin references in some of the monday night tv shows that come on (like the show "Almost Human") and before any altcoin will ever be successful (and they are ALT coins) we will need to see the overall acceptance and MASS adoption of bitcoin. If the health of digital currency as a whole is actually depicted by the health of Bitcoin, we can then make the obvious conclusion that whatever is considered a downside to bitcoin (when it comes to society accepting bitcoin on a massive scale) will also be considered a downside to any other altcoin that tries to take the scene after bitcoin. Right now the biggest downside to bitcoins mass adoption is the anonymity, yes the philosophy behind bitcoin is almost anarchistic...but things will have to change a little before bitcoin becomes truly massively adopted. Authorities are already prepared to make some serious regulations and enforcements if bitcoin turns out to be something too easily used by criminals, look at the hearing in New York, the goal organizations like the Bitcoin foundation are to help show that bitcoin is not necessarily something meant for criminals....In other words if an altcoin were to show itself to be BETTER at being used by criminals (like by implementing in it's code some form of function that made it's use even MORE anonymous than bitcoin) there would be some huge issues with adoption. Regardless of how many people want to be anonymous, do you think the world will accept Vertcoin if for example every government in the world came out and announced something like "Don't trust vertcoin, it is truly a currency for criminals, anyone we see dealing vertcoin will be seen as suspicious for criminal activity". This is what the devs at vertcoin mean by saying governments will not stand by while we sit here and produce a coin ideal for criminal use. The goal here is to create a coin that is a competitor to Bitcoin, not the anti bitcoin...The moment Vertcoin becomes looked at as something bad or something that attracts "bad people", the coin will fail... . And it's doing fine by the public. There are too many coins competing with bitcoin's niche - if vertcoin doesn't innovate it will die just like the hundreds of other altcoins. Anonymity is DESIRED. And just like someone else said above me - tumbling services will be provided for any mainstream coin anyway. Why not have that service on your own blockchain? Thats been a 1 of the main reasons for the skepticism shown by mainstream adopters and regulators. Most central players in Btc are trying to move fast away from that stigma. Vertcoin does need to carry on innovating, and have some more killer apps on top of the asic factor, the devs have indirectly acknowledged this. Edit: Ill also like to see what they come out with in regards to the "additional privacy features" |
|
|
|
Dev's,
I've been reading and I must say, I'm divided.
I think it would be nice to see a poll about zerocash. What do you guys say? Would be fair. We, the community, should also have a word to say.
What about the community?
Should we have a poll?
mega
When I heard about Zerocash implementation last week, i was super excited. When I found out it would not be, I was just as disappointed as you. That being said, Boris made some solid points giving the reasoning of their decision (he added some thoughts on reddit as well). I tend to agree with him now. They still intend on incorporating other privacy features. Not just that, anonymity might look at little different in the future: "I'd like to point out that just as the Bitcoin protocol is in its infancy, so is the technology behind tumblers. In the future, there likely will be decentralized tumblers that allow users to connect and mix their coins without any central server doing the mixing. It will be open source so that anyone can run it, and privately over VPNs/Tor. So an outright ban may discourage law abiding companies/citizens from benefiting from the technology, but it would still be used easily for the more nefarious purposes. The decentralization of applications is going to have a bigger effect than just on money transmission, and regulations surrounding this type of technology may be interpreted as the "regulation of source code" in the future (which would be a nightmare for us developers). Thanks for your time!
BenLawsky 7 points 13 hours ago
Thanks. Very interesting point. We'll consider it further."
http://www.reddit.com/r/IAmA/comments/1ygcil/as_requested_im_ben_lawsky_superintendent_of_the/
This was taken from the Newyork financial regulator AMA
|
|
|
|
I don't particularly trust any of the devs, but sevoque had 20m. Wolong had control of billions, and still has 700m. Comparing the two doesn't seem rational, given the situation.
Sevoque may well be a scammer, but the problems with Wolong's Pandacoin lay mostly with Wolong. His reputation was dirt, his scamming was well documented, his history of communicating with the public was (and definitely remained) atrocious, and the idea that he would stabilise a currency was absurd. His position as the ultimate arbiter of the value of the coin (via "market control") was also completely contradictory to the decentralised nature of cryptocurrencies. It was a trust-violating recipe for disaster and played out exactly as such.
Hope nobody lost anything they couldn't afford to lose.
ahhh, the fresh breeze of sanity. feels nice. +1 |
|
|
|
In this msg it mentions zerocash. casp33r mentioned on the forum that the dev team is no longer considering implementing it and that Boris will be posting an update. I personally think this would be a mistake as it would make vert coin a "total package" coin. There are pros and cons, but in my opinion the pros outweigh the cons. But Im interested in hearing from the team why they decided not to pursue this.
Cheers in advance
Hi Torturo, We decided against Zerocoin because after weighing up the pros and cons we felt there were substantial risks, both technical and social/political, but mainly the latter (technical hurdles can and will be overcome, I am sure, by other coins that take a different route). Essentially, it comes down to this: There are very well resourced organizations (eg. governments) that will not stand idly by and permit the widespread adoption of anonymous and untraceable digital payment technology. You might say, you can't put the genie back in the bottle technology wise, but that ignores the obvious issue that if that technology becomes illegal, or the media spins the narrative to associate holding/using those coins with terrorism, paedophilia, fraud, money laundering and various other forms of criminality, there's no way those coins will see widespread adoption. There will certainly be a choice for people who want anonymity and untraceability, other coins will provide that, but we feel that you can either aim for those features, or you can aim for widespread adoption - you can't have both, it won't be permitted to happen, and we don't have the resources to resist a concerted attack by governments. VTC is aiming for widespread adoption, and that means being acceptable to the mainstream. Another aspect of that is, the mainstream doesn't really want privacy too much - if they did, they wouldn't sell their personal details to large corporations for a pittance through loyalty card programs etc. They would routinely encrypt their email etc. People don't do those things - the mainstream doesn't care enough. What you or I think personally doesn't really matter here - we're aiming for widespread adoption so we need to give people what they want, not what we think they should want. So, with that said, what are we going to do? There are big privacy issues with cryptocurrencies as they are now, and we want to address them. We already have one privacy related project underway (which will be in the first of our regular updates, to be released within the next week or two) and I'm sure others will come along. We intend to strengthen the ability to protect your legitimate desires for financial privacy, whilst maintaining transparency and accountability in the system. Considering the industry and where its headed, this is a sensible. The regulatory aspect should not be ignored if a currency is to be adopted in the mainstream which we all feel Vertcoin has the potential to do. My concern was the pandora's box that is opened up with wide crypto adoption and as you said "ability to protect your legitimate desires for financial privacy"'; btc transactions have the potential to be shockingly transparent between friends, neighbors, employer etc. Once Btc matures, i predict that will become a major issue. Lets try to solve it here and now. If Vertcoin can technically solve BTC's shortcomings in this regard while complying with any upcoming crypto regulations, we are golden and growth will be assured. You mentioned you have more developments regarding this, I encourage you to make it one of the top priorities within the dev team in the near future. Once again, I tip my hat to you and the team for the active updates and professionalism you have shown. For those that havent seen it, here is Ben Lawsky (NYDFS) ama on reddit regarding regulations and cryptocurrencies: http://www.reddit.com/r/IAmA/comments/1ygcil/as_requested_im_ben_lawsky_superintendent_of_the/ |
|
|
|
What disaster ? Are you 17. DOW 1987 was a disaster ?, Nikkei 1990's was a disaster ?, NASDAQ 2000 was a disaster ?. Well actually if you were the smart money then it was obvious that their was actually no disaster but a hell of an opportunity.  No you are no longer part of his circlejerk. Wolong made sure of that because you guys are not to be trusted.
Wolong was completely transparent this time and he was planning on pumping this coin to 500+ satoshi.
The devs were shady as fuck and sold early when they claimed the premine was for "promotional purposes."
still defending that scammer lol My sides are in orbit Did you read what sevoque asked him, hm? He never was transparent besides that he posted the wallet address. But funny to watch how the pack now maul each other trying to find someone to blame for the disaster comparing this to dow and nasdaq? words cant express my condescension towards you. Face it kid, the charade is over. |
|
|
|
Nice good job on making some money sev yeah, i dont understand what the issue is? I was never asked to hold my wallet wtf? The fact is...just a few hours ago you straight out lied and said you didn't sell until today in order to shift blame from yourself. This link is sufficient evidence that you planned to dump all along and never intended this coin to be the next "dogecoin" And lastly, to all of you who are saying we have dumped our wallets.. you have ZERO idea what you are talking about. only today have i put my coins in to cryptorush to exit as a result of the way wolong was behaving..here is the post where you said that. https://bitcointalk.org/index.php?topic=460037.msg5263638#msg5263638+1 uh so i moved some millions to cryptorush, again, i am not under any obligation with the amount i received to hold for several months time and ultimately if i choose to sell an amount of coins, that is entirely my prerogative to do so. What am i shifting blame away from? I dont understand, i am not part of wolongs circlejerk and dont take 'instructions' from him in regard to what i can or cant do with my funds. Those are his excuses that he is giving as a result of passing the back for his lack of transparency. geez dude ;/ No you are no longer part of his circlejerk. Wolong made sure of that because you guys are not to be trusted. Wolong was completely transparent this time and he was planning on pumping this coin to 500+ satoshi. The devs were shady as fuck and sold early when they claimed the premine was for "promotional purposes." lol mate, you talk the biggest load of shit ever, i just told you to take a look at those wallets above and you haven't even bothered you jsut disregard it. Molly doesnt even know his own wallet address and myself and the other team members are at fault? haha, you must be kidding. We were never in his circle jerk, ive exchanged less than 10 words with the guy prior to those pastebins, you think i would pay the guy money to join his fan club? I joined the project because of jacob. read a coffee table book you antisemetic twat  Wolong posted his wallet from day one. He hid nothing. The rest of the devs? I don't think so. They only posted them now and it shows they dumped the premine early and didn't use it for what they planned. youve got it very backwards. wolong is the one holding the coins for what was planned for development. not us. I was given 20m, so was pandawest, i don't know what mxtm, evoked, etc got for their efforts and its something you can ask them directly. Wolong is the one who prevented us from doing our jobs, witholding important inforamtion, funds and not allowing us to progress in the way that we wanted to in order to start building the community further, especially through giveaways. This is the guy who comes to IRC and sticks 10k on dice in front of everyone.. bitt of a pisstaker dont you think? Or are you so invested in his scheme that you cant face up to reality? and no, wolong idd not post his wallet from day 1, it took ages to get him to post his wallet here, you can see how far through the thread it was from launch.. you are just really going out your way to shit stir, and you fail, and no doubt you have lost money as a result of wolong -> who BY THE WAY started selling and moving coins around before anyone. Why dont you ask him for mollys wallet and the 50btc that he invested? Despite your lame jewish anecdotes, I still think your part in this saga was unintentional. Despite this, incompetence is just as bad deception. |
|
|
|
Hey guys, Let's help VTC make it to BTC38 exchange. Please send an email to BTC38 editor with the text below. One of the members was kind enough to to translate the message to Chinese language. Email to send to: btc38.editor@foxmail.comEmail text: 比特时代BTC38 您好, 最近，一种叫Vertcoin的新的密码币诞生了。 Vertcoin解决了当前其他密码币中存在的一系列缺陷。该密码币最重要的改进是采用了新的算法。 借助此算法，商业ASIC矿机挖矿公司将无法胜过普通个人矿工。众所周知，由于全网算力集中在商业ASIC矿机挖矿公司手上，他们是有能力操纵市场的，这将非常容易的造成密码币价格波动甚至使其完全失去价值。目前，为莱特币等scrypt算法的密码币开发的强大的ASIC矿机已经发布了。可以预见scrypt算法ASIC矿机的普及只是个时间问题。另外一个Vertcoin的改进之处是ZeroCash, 这个特性能够增强Vertcoin的系统并且使其更加的去中心化。目前ZeroCash正在加速开发当中，并很快就能发布。Vertcoin同时拥有一个强大的开发团队，团队主要成员来自于约翰霍普金斯大学计算机系，币的发明人曾经就职于美国微软。该团队积极致力于解决任何可能出现的问题，并且积极的参与到社区活动当中来。可以说Vertcoin的开发团队在密码币工业当中属于最好的开发团队之一。我们有信心，具备这些特色的Vertcoin将会是下一个入选比特时代的密码币。比特时代也将会是最早进行Vertcoin交易的亚洲交易中心之一。于此同时这也给vertcoin的投资者带来一个新的大型交易基地。如果你想知道更多的Vertcoin的信息，请关注vertcoin.org。如果你有什么其他问题，请尽来信咨询，我很乐意详细解答。最后请考虑考虑把Vertcoin加入比特时代的交易市场，并期待您的回信。 谢谢！ Am I the only one that thinks that this is not so smart? If I was one of the BTC38 staff/editor I would be pissed to keep getting the exact same mail. This is called spam. And I'm pretty sure they don't like to get spammed. It would be better if just one of the devs or somebody else just contacts them, and wait for an answer.. I tend to agree with you |
|
|
|
Hmmm, couldn't this be the phase where the whales are gathering their cheap coins?
You just went fuller retard then the other full retards in this thread |
|
|
|
Hey guys, Let's help VTC make it to BTC38 exchange. Please send an email to BTC38 editor with the text below. One of the members was kind enough to to translate the message to Chinese language. Email to send to: btc38.editor@foxmail.comEmail text: 比特时代BTC38 您好, 最近，一种叫Vertcoin的新的密码币诞生了。 Vertcoin解决了当前其他密码币中存在的一系列缺陷。该密码币最重要的改进是采用了新的算法。 借助此算法，商业ASIC矿机挖矿公司将无法胜过普通个人矿工。众所周知，由于全网算力集中在商业ASIC矿机挖矿公司手上，他们是有能力操纵市场的，这将非常容易的造成密码币价格波动甚至使其完全失去价值。目前，为莱特币等scrypt算法的密码币开发的强大的ASIC矿机已经发布了。可以预见scrypt算法ASIC矿机的普及只是个时间问题。另外一个Vertcoin的改进之处是ZeroCash, 这个特性能够增强Vertcoin的系统并且使其更加的去中心化。目前ZeroCash正在加速开发当中，并很快就能发布。Vertcoin同时拥有一个强大的开发团队，团队主要成员来自于约翰霍普金斯大学计算机系，币的发明人曾经就职于美国微软。该团队积极致力于解决任何可能出现的问题，并且积极的参与到社区活动当中来。可以说Vertcoin的开发团队在密码币工业当中属于最好的开发团队之一。我们有信心，具备这些特色的Vertcoin将会是下一个入选比特时代的密码币。比特时代也将会是最早进行Vertcoin交易的亚洲交易中心之一。于此同时这也给vertcoin的投资者带来一个新的大型交易基地。如果你想知道更多的Vertcoin的信息，请关注vertcoin.org。如果你有什么其他问题，请尽来信咨询，我很乐意详细解答。最后请考虑考虑把Vertcoin加入比特时代的交易市场，并期待您的回信。 谢谢！ In this msg it mentions zerocash. casp33r mentioned on the forum that the dev team is no longer considering implementing it and that Boris will be posting an update. I personally think this would be a mistake as it would make vert coin a "total package" coin. There are pros and cons, but in my opinion the pros outweigh the cons. But Im interested in hearing from the team why they decided not to pursue this. Cheers in advance |
|
|
|
Sevoque, you have your part in this scam. Unless you are a 16 year old fruit cake (give it whatever translation you desire, any will do) you must admit that as an advocate of this crap, you have your large part in this.
He is a scammer but he is pretending like he didn't know wolong was a scammer to save face. i didnt know wolong is a scammer, all ive seen is is people yelling scam this scam that etc, and now ive witnessed it first hand. FYI - we are working on a way of kicking wolong the fuck outa here Don't know what your plan is but if you need Some BTC back-up let me know. Would love to see that guy go down. This please. He is the bane of the entire crypto community. There has to be a precedent set discouraging this kind of behavior for the future. |
|
|
|
|
Show Posts
