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2921  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★★★ [CAIx] ★ 100% PoS ★ CAIx Foundation is now live! ★★★★ on: June 08, 2014, 08:39:07 PM
Since several Foundation members/moderators will be available here, I will pose some questions since I am considering investing in this coin. Although I have done some rather extensive research, I'm quite sure I will be missing a lot of details and it is possible that I would pose some questions that are responded elsewhere in the thread.

-- The first is about the PSP. I understand that program consists, basically, of the expected funding produced by the e Titans that were donated by a "generous investors group". I don't know about you but I have been investing for 25 years and I still don't know of any "group of investors" that have ever donated anything, unless they get very generous compensation for it. I get that the other donation of 28 BTC was in exchange for 25% of the proceeds of that other thingy, but I haven't read anywhere what exactly this "group of investors" got in exchange of "donating" the 3 Titans to the PSP.
 
 The investors did not ask for anything in return other than applying the PSP as detailed in it's document. The PSP is not designed to put buy walls on CAIx and it's purpose is not to get CAIx pumped and dumped. The PSP by design is a way to kill inflation caused by staking, and put an upward pressure on price pushing it slowly towards an equilibrium price. Of course these investors have bought into CAIx as well and expect some kind of return on their investment. Also the investors only donated the hashing power of the Titans into the PSP not the miners, and will keep donating this hashing power as long as the PSP is ran according it's suggested use.

This answer is a little problematic for ROI is indeed a consideration... or should be down the line for when the product of mining is below what the cost of maintaining and run the machines is, the community will not only not be getting anything from them but, in actuality, subsidizing somehow whoever actually runs and maintains them. You have chosen to avoid the most logical consideration in the follow up question. All of this would be totally eliminated by adopting a 3rd party hosting solution that would simplify things greatly and eliminate suspicious subsidies altogether

-- As a continuation of that first question, I would like to state a couple of doubts: Isn't the actual establishing of a "mining farm" and unnecessary, doubtfully productive endeavor? I mean, it obviously will need to require operation, maintenance and electrical expenses... where will it be located? It will make a HUGE difference if it is in the US as opposed to China or Eastern Europe, so the question is rather significant. Furthermore, it doesn't matter its level of efficiency and event the modesty of the charges for those concepts, doesn't it presents a serious problem of trust? And why would anyone take charge of such endeavor if there's no benefit of any kind in it for him/her? plus, no matter what, there'll always be people who would think that he/she somehow will be making profit "on the side". Wouldn't make much more sense to proceed with a hosted solution from a well established third party (such as Gaw miners, for instance) where costs are fixed and no one is burdened with the operation of the actual machines? Furthermore, every calculator predicts that these machines will never make ROI. Why then carry on with the idea of the farm when, in fact, they can be sold or auctioned off and the money used immediately for the purpose of the PSP? Immediately. I'm sure all these considerations have already been made and adequate responses exist. I wonder if they could be posted for everyone to have an appreciation of the criteria used to, as of now, still keep the project as it is.

If you read the PSP document, ROI of the Titans is not considered a factor. ROI is a consideration if the purchaser intended it's use for mining profit. The portion that will be used for the PSP is specified after deducting mining costs in electricity.

-- I am not very smart for I don't quite understand the explanation of the PSP itself by which the coin will eventually, inevitably, have a price 10 times above the current one (of 45k). No matter how much I have thought about those explanations, I cant reconcile the idea. The market, on the other hand, is showing no interest whatsoever with the volume practically disappearing as that thingy of the nodes is implement during the rest of the month. It seems to me that no one believes this is any good, not even the present holders that, otherwise, would manage to provide more than 20B TC volume on MintPal, so perhaps a reconsideration would be opportune now that the Foundation is working full time. Certainly, a layman's explanation of how this coin inevitably will get to close to 500k satoshis in the relatively near future, would be much appreciated.

We are not using the PSP as a selling point to daily traders, none of what we do is. Daily volume and occasional pumps and dumps although might look good on the market it by no means prove anything towards long term stability and survival of an altcoin. Interest is a multi edged sword, it generates winners and losers, and when it all clears out by the end of the day you will find more victims than beneficiaries. If you are looking for that kind of interest than CAIx will not be on your list to invest in. The devs are working on a little more than an easy way for some traders to bag some bitcoins and walk away.

Thank you but I still can't see, in a practical way, how is it that buying the proceeds from 3 Titans, is going to push the price toward 10 times the current one. It just makes no sense whatsoever. And yes, again, the devs are "working in a little more" that remains not exactly clear. The current fact though is that the only people making any money in CAIx are traders, certainly not investors who have seen their investment slashed while waiting for all those "little more things" the devs are working on so diligently but with nothing, so far, to show for it. Like in any investment if the risk is (obviously) huge and the only potential benefit is a yearly interest rate of 5%, well... price simply goes down as does the volume, hence the current situation. If you are in the market, you want daytraders, swingtraders and all kinds of traders, otherwise you put yourself straight out of the market for all intents and purposes and since the price is determined by the market and not your PSP, your investors lose. Big time.

-- I have read stated at various times recently by the mods and Foundation members that "much more is coming" from the 9 developers working on this coin. But I haven't seen absolutely anything that indicates which is it they are working on. 9 devs are a lot of devs and should produce some results very quickly. Nowadays the darling of crypto if full anon. No one has it, seemingly and whoever acquires it will surely take the prices by storm. I have to believe that those 9 guys (and gals?) are working on some such anon set of features? But I wouldn't know  for nothing that has been posted. What else are they working on? I understand some level of secretisim is required but, on everything? If the only potential of whatever it is they are working on resides in the time they will keep it secret, obviously that value is more than questionable. Anon is no secret and everyone is working on it. Whoever fully gets it, will be amazingly rewarded as some of those who already achieved some level of anon have been (VRC, DRK, XC, even CINNI). We should be able to know what it is that those 9 devs are working on that will be fantastic and will take the price of the coin to the moon, regardless if others leave everything they are currently doing to try to copy CAIx as soon as possible. It simply doesn't work that way.

Anon is on our list for consideration, however the decision on Anon is a difficult one to make. Most of the coins you mentioned are far off from full anonymity. Everyone knows Anon interest springs from dark markets and dark money and not privacy concerns, as virtual currencies are moving quickly into acceptance in the US and maybe other countries as well, some sort of regulations will have to accompany that, what seems today as a winning trend might turn out to be the killing point. Bitcoin uses the open ledger format that can somehow be traced to a certain point, if you kill the open ledger or make it impossible to trace, it might create a dilemma for developers in the near future. Having 9 developers on the team has served us well, and we will jump on every trend that will serve CAIx long term, we will add/adopt features that pose no harm to CAIx on the long term. Right now we have 3 devs working on the new client, three working on game/app development and 2 working on the multipool. New wallet every other day for hype is not a plan, it's a joke. The way we update our client? we add a number of features that we see are good and healthy for long term benefit and combine them and test them for release. We do not have 9 devs to slab some code in the client because some daily trader wants to double his money in one hour.

This is also a well of problems ... and no (visible) solutions. While I appreciate the consideration towards the anon features, there's not much to consider: Either you go for it -and in a hurry- of your let the ship sail. Pondering the merits again and again in meeting after meeting doesn't help anyone. Either or. I take your general decision, for now, remains "or". Which is fine. It is a philosophy, respectable as any other. What is not necessarily respectable is your opinion regarding privacy. I believe most people want rather desperately to protect their privacy, certainly in much higher quantities than terrorists and drug cartels want to come into the usage of crypto, so I believe you are very wrong in your assumptions, but those are personal appreciations, of course. I am just asking question while you seem to have a voice in what goes into the work of the developers, big difference.
You state that having 9 developers "have served you well"... that baffles me: Most coins (highly stable and successful ones), don't have 9 devs. Nor 4. Maybe 1 or 2 is generally the case. And yet, they all HAVE ALREADY -beyond whatever else they are working on-, all kinds of features and tech advances -2nd generation, well underway- that CAIx is lacking. One could easily see that devs working on games and applications would actually be working for themselves much more than for the coin for if they stump on something worthwhile, what will be keeping them from selling it on Google Play or Apple Store instead of donating them to CAIx. Of course we all have all the good will in the world but when it comes to reality, money talks. ONLY money talks. If what you want to put in the client is a new version of Flappy Bird or Candy Crush, all those are already available elsewhere and people don't need your wallet to have them. If they are better than those, why would they be in your client? And for that matter, why not going full out on business solutions, cloud storage, backoffice  solutions... hey compete with Oracle and Microsoft, right? What I'm saying is that this is a currency, not a businesses's collector where the synergies are non-existent: why have a pool that needs to be constantly serviced, when one or more third parties will eliminate the servicing part of the equation? why have devs playing with "games" when that very competitive business is already established very strongly at every possible level? What would be the advantage of having one or more games in the wallet, even if they are good ones (tough assignment), when everyone has by default the most used in their desktop already and access to every single other one for minimal prices of completely for free online? Using the most elemental common sense, it seems like a waste of time and resources... while the client and the product itself (the currency) are seriously lagging other coins. The revenue creation is not a novel concept and NXT has already all kinds of things already working and producing and so does UNB. Big difference is that those business they have have seamless synergies with their coins; your have just about the same than will have a world chain of ice cream on delivery.


Sorry for the long post and thanks in advance for whatever clarification to this doubts you can provide.

Long posts are fine. If you have doubts please accept my advice and wait till you see our programs in action before making any decision to invest. This goes for any investment you ever make. It's your money and you should do what ever you please with it. Whatever I say should not sway your opinion one way or the other.

Thank you for helping me understand why no one is interested in this coin anymore. Now I have the lowdown and I certainly will not be interested in the least. My comments are provided as a counterpoint to your answers and as the reason why I am not interested. Hopefully they will have also some practical use to perhaps reconsider some of your strategies. Good luck in any case.
2922  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: June 08, 2014, 07:31:21 PM
it's not shameful to scam people -- it requires skills and it's a task.

Let me get this straight ... your worldview informs you that if an activity "requires skills" and is "a task" then it is inherently morally defensible.

That's most illuminating, thank you for the insight.

Cheers

Graham



This way of seeing things is, unfortunately, quite common in crypto. Among hackers, fraud, thievery and deception are not only NOT negatives but they give them bragging rights withing their community. This used to be only in the world of hackers but since many of them have become greedy developers of crypto, it has, evidently, splashed over. Problem is that hackers are prosecuted in the real world and punished quite harshly, because they are perceived as hurting big corporations, big money. No one cares for the individual small investor that is scammed here, left and right. That's why we are turning the tables on the crooks. The time of reckoning is here and they are going to find more and more difficult to keep on perpetrating their crimes. Hopefully, impunity will be dealt with too, in the near future for these people belong in prison and quite far away from any connection to the internet.
2923  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: June 08, 2014, 07:25:42 PM
This thread can be useful to help consumer protection lawyers file claims against bad actors.  If you have been scammed, you want to create a record here of who scammed you (give as much info as you possibly can; make some calls and do some research to try to get names, addresses, IP addresses, etc), when and how and for how much you were scammed (bullet points that outline the facts of your case), and contact information where YOU (the victim) can be reached if some legal action arises in the future.

The statute of limitations is generally about seven (7) years, meaning that a victim has 7 years to file a suit over a claim in tort relating to these matters.  The law is obviously lagging behind the development of crypto, but within a few years we should see law firms getting active in this field, especially consumer protection law firms, and then if we do this right they could come back to this page and collect data for up to 7 years prior if they happen to be going after a perpetrator.  So dont just use this forum as a blacklist, but use it as a register of complaints in anticipation of potential future legal action and remedies into the far future.

The more detailed info people provide here, the more likely it is that lawyers will scan this thread to find ways to bring law suits and maximize the penalties they can claim against bad guys.  Law is a money game like anything else, and if we develop a rich resource (if we build it) they will come...



This is a good idea but not the main purpose of the thread. But lawyers demand evidence and precisely this thread is created because the anonymous condition of crypto, where everyone hides under several handles, allows for the crooks to perpetrate their crimes with total impunity, legal and otherwise. They are not required the mos elemental disclosures and to follow the most minimal of rules that allow any business to proceed in the real world. We are hereby taking the same, identical freedoms -sans the fraud part- to point them out as the scamers they are most often than not. No irrefutable evidence needed. The burden of proof is on THEM. And, yes,  it was about time. The free ride is OVER.

This is the equalizer, if you will. You don't need to be a master researcher. You don't need irrefutable evidence. As a matter of fact, you can post anything here and anyone can lie is so they choose, through their teeth: They do. All the time. In their schemes of deception and fraud. I believe that the stronger you make your case, the more valid your claim. Just listing some handles and some coins is not going to achieve much when those crooks perpetrate their next fraud. But is you make a strong case where a modus operandi can be identified and tracked, it will be much easier to identify who is behind which handle and which scheme. The ball then will be on their court to prove that, in fact, they are clean even it if they are following patterns that have been highly suspicious by others in the past. I repeat: The burden of proof is on their shoulders. It is in their interest to fight for their reputations. And those who choose not to do it, well, let them carry on with the consequences. Like I posted in the OP, it is our responsibility to clean crypto and eliminate the bad players; it is the responsibility and burden of the good players to clear their names or handles if they have been compromised.

The playing field is level now.
2924  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 10:21:09 AM
You are a trip. You don't have to verify anything? So it's alright to throw out bullshit accusations without any proof? Ok then...

I had someone tell me that barabbas was responsible for MtGox, CryptoRush and he shot JFK. Scumbag!!

No I don't have to verify anything at all. If you launch a coin and you open a thread, it is your responsibility to answer any and all questions and charges... of face the consequences. Including the consequences for exercising censorship. Enough is enough with the bad players and crooks galore. I did not pose the charges, but I reached the obvious conclusion. The dev chose not to respond to the post and censor mine. That, to me, is a red flag if there's ever been one. For you it isn't? more power to you I don't give a fuck. But no, I don't have to verify for you or anybody anything. Whether you choose to take this into consideration or not is entirely up to you. In iot's own merit, as it is. If you need further verification, look for it yourself.
 

Alty said it straight  that he will delete any fud in thread that appears without any evidence just to keep thread clean as possible.if u have proofen bad info about any coin...its allright i will listen to u.but all in all u are just fuckin idiot that wants people start panic

Last answer to you on the matter: The original post (I believe still there, but not interested in verifying it) claimed that the "two pools have a hashrate of less than 20MH while the network had over 20GH..." That was posted days ago. I answered today and wrote that "That means, obviously, someone was hoarding the coin". Do you consider that FUD? I consider that and evident conclusion of some unanswered charge... and a second opportunity for "Alty" to answer those charges. He chose to delete the post instead. You draw your own conclusions. I drew mine.



Man i know more like 20 miners  that together had rented more power than 25ghs on x13 on cloak from early begining


greetings

First, you know a lot of miners.
Second, it is not usual at all, that in the very early hours of a new coin, no matter which, 25GHs (as you post, the original poster only claimed "more than 20GH), will be mining it.
Third, it may very well be true that a lot of people did in fact rented hashing power and mined CLOAK massively.

None of that is contested by me though. As a matter of fact, I am not contesting -or charging myself- anything. All I have stated is that a very clear red flag has been raised by the fact the, instead of answering the obvious deduction from the original post, that someone was hoarding the coins, the dev not only chose not to answer at all but to immediately delete the post. Those are FACTS. That happened. And, to me, that means the dev has something to hide on one side, and, on the other, it means that you should proceed cautiously if you are interested in the coin. Here, I am simply rising the DANGER flag. Do with it what you deem opportune.

And, on the subject, I have already started measures so such controlling and entirely one sided behavior is fully exposed. On any and all coins. Whoever wants to play from now on, is going to have to do it on a level playing field.
2925  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 09:48:11 AM
I was saying exacly the same thing. I pointed out that cloakcoin is a scam, and I was quickly removed from the thread.

Well, no one will remove anything you choose to post here... but it would be nice if your claim is based on something specific.
2926  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: June 08, 2014, 09:00:18 AM
Excellent initiative. Indeed it was high time for that. I strongly believe in the alternative of cryptocurrencies  as a fairer society system. And however, this ruin the status quo of the existing financial system,  it is normal this system to counteract with all forces and resources. Most easily it countered by imposing administrative regulations in the way of our detriment and to their advantage. If we manage to organize our self, our opponents will be much more difficult to deter our growth and success. In this regard, I think that this is an excellent, but not enough exercise, which should be a first step. Without claiming to detail, I can offer a few more steps in this direction:
1. Wall of Honor - where to publish the names of the worthy members of the community and the reasons for their choice.
2. Creating board confidence that under certain rules to choose proven community members.
3. Trust board has the right and obligation to examine each new coin and publish an opinion on it.
4. And the like.


Great idea, especially number one. I would gladly, very gladly create a Wall of Honor that would very successful indeed as a start point for any newcomer to crypto. But I have an initial problem: Who to nominate? I am invested in various coins in which, for now, I haven't detected any semblance of fraud... but others have made some accusations, so... I tell you what: If the developers of a coin come forward and show proof that their coin is CLEAN, they will be immediately included in the Wall of Honor, fair deal?

I for one don't believe -or even appreciate- some great dev that creates a coin and doesn't generously benefit from it, so I am not looking for some ultra-generous saint, just someone who believes in his creation, sticks with it AND is generously rewarded. Under that concept, I would even consider clean some dev that instamine or premine 10% of the total coin for himself... as long as it is in the open, with accessible wallets so every investor can corroborate that they are not dumped or not dumped initially at least and not in quantities that will affect the price of the coin until, at least, it is well established (which means years, not hours).

I believe in volunteerism, so if a board is to be "elected", I'm fine with it. As for "obligations" that's much more difficult, but yes everyone, like now has happened, can and should bring forward their charges. Like I said in the OP: Charges are just that. Everyone is quite free to assign a value to those charges and, subsequently, corroborate them independently or not. I don't believe any "trust board" should do their work for them, beyond the red flag stage, but if others believe it is plausible and convenient, by all means proceed.

In response to "Vann", this, as thoroughly explained in the OP, is only a guide for newcomers and established investors alike. They are especially encouraged to do their own research, but we are not playing here by any rules of the "regular world". This is a wild wild west and the lawlessness of it has only benefited the crooks. Until now. It is time to level the playing field. If you -or anyone else for that matter- consider the allegations posted here as FUD, it is certainly your prerogative. Others, evidently, will find these posts quite useful. And for those who hide nothing and act fair, well not only they have nothing to fear but much to gain if they want to qualify for the WALL OF HONOR. Easy and simple, isn't it? Anyone charged with "baseless accusations", as you put it, is quite free to come here (where there will NEVER, EVER, be any censorship on my part) and debunk those accusations. It is really, really easy: They just have to offer proof that demonstrates that the accusations are in fact baseless. I don't know about you but if I am a developer that stand accused by anyone here, and I am clean, I will be more than happy to come up here and show proof that I am in fact clean. Nobody forces them to do it but it would certainly increase the confidence of holders of the coin and prospective investors, don't you think? And I (and some others here) believe they SHOULD do exactly that. ALL of them. As a norm.
2927  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★★★ [CAIx] ★ 100% PoS ★ CAIx Foundation is now live! ★★★★ on: June 08, 2014, 08:36:49 AM
Since several Foundation members/moderators will be available here, I will pose some questions since I am considering investing in this coin. Although I have done some rather extensive research, I'm quite sure I will be missing a lot of details and it is possible that I would pose some questions that are responded elsewhere in the thread.

-- The first is about the PSP. I understand that program consists, basically, of the expected funding produced by the e Titans that were donated by a "generous investors group". I don't know about you but I have been investing for 25 years and I still don't know of any "group of investors" that have ever donated anything, unless they get very generous compensation for it. I get that the other donation of 28 BTC was in exchange for 25% of the proceeds of that other thingy, but I haven't read anywhere what exactly this "group of investors" got in exchange of "donating" the 3 Titans to the PSP.

-- As a continuation of that first question, I would like to state a couple of doubts: Isn't the actual establishing of a "mining farm" and unnecessary, doubtfully productive endeavor? I mean, it obviously will need to require operation, maintenance and electrical expenses... where will it be located? It will make a HUGE difference if it is in the US as opposed to China or Eastern Europe, so the question is rather significant. Furthermore, it doesn't matter its level of efficiency and event the modesty of the charges for those concepts, doesn't it presents a serious problem of trust? And why would anyone take charge of such endeavor if there's no benefit of any kind in it for him/her? plus, no matter what, there'll always be people who would think that he/she somehow will be making profit "on the side". Wouldn't make much more sense to proceed with a hosted solution from a well established third party (such as Gaw miners, for instance) where costs are fixed and no one is burdened with the operation of the actual machines? Furthermore, every calculator predicts that these machines will never make ROI. Why then carry on with the idea of the farm when, in fact, they can be sold or auctioned off and the money used immediately for the purpose of the PSP? Immediately. I'm sure all these considerations have already been made and adequate responses exist. I wonder if they could be posted for everyone to have an appreciation of the criteria used to, as of now, still keep the project as it is.

-- I am not very smart for I don't quite understand the explanation of the PSP itself by which the coin will eventually, inevitably, have a price 10 times above the current one (of 45k). No matter how much I have thought about those explanations, I cant reconcile the idea. The market, on the other hand, is showing no interest whatsoever with the volume practically disappearing as that thingy of the nodes is implement during the rest of the month. It seems to me that no one believes this is any good, not even the present holders that, otherwise, would manage to provide more than 20B TC volume on MintPal, so perhaps a reconsideration would be opportune now that the Foundation is working full time. Certainly, a layman's explanation of how this coin inevitably will get to close to 500k satoshis in the relatively near future, would be much appreciated.

-- I have read stated at various times recently by the mods and Foundation members that "much more is coming" from the 9 developers working on this coin. But I haven't seen absolutely anything that indicates which is it they are working on. 9 devs are a lot of devs and should produce some results very quickly. Nowadays the darling of crypto if full anon. No one has it, seemingly and whoever acquires it will surely take the prices by storm. I have to believe that those 9 guys (and gals?) are working on some such anon set of features? But I wouldn't know  for nothing that has been posted. What else are they working on? I understand some level of secretisim is required but, on everything? If the only potential of whatever it is they are working on resides in the time they will keep it secret, obviously that value is more than questionable. Anon is no secret and everyone is working on it. Whoever fully gets it, will be amazingly rewarded as some of those who already achieved some level of anon have been (VRC, DRK, XC, even CINNI). We should be able to know what it is that those 9 devs are working on that will be fantastic and will take the price of the coin to the moon, regardless if others leave everything they are currently doing to try to copy CAIx as soon as possible. It simply doesn't work that way.

Sorry for the long post and thanks in advance for whatever clarification to this doubts you can provide.
2928  Alternate cryptocurrencies / Altcoin Discussion / THE WALL OF SHAME on: June 08, 2014, 06:53:02 AM
The level of fraud, scamming and deceit in cryptos, and very specially in the more and more crowded field of alternative currencies, has reached levels that simple common sense would indicate that something's got to give. It is the responsibility of all those who believe cryptocurrencies are a real alternative to fiat, to protect the single most vulnerable aspect, the most damaging of all, the one that makes every "normal person" literally "run for the exits" when cryptocurrencies are mentioned. Everyone knows fraud and deception is rampant. There's no accountability of course -not yet anyway-, and therefore it is kind of inevitable. But it is our obligation, in my opinion, to police the field to the extent that we can, to protect the integrity of the world of alternative currencies. There will always be scamers and schemes to take other people's money, but at least those coming in with greed in their eyes and hope in their hearts, would have a thread that can show some obvious red flags before jumping into those scams that leave always victims and increase the bad reputation of cryptos. Even when caught pants down, all the scamers have to do, is change their handles and they remain anonymous. This has to stop. They also clear their announcement threads of "FUD", a clumsy pretext to delete "inconvenient" posts that otherwise would linger forever and would be available for research. So, not only are they always -or almost always- anonymous, but they always -or almost always- censor and delete posts on their threads that bring about inconvenient subjects, including potential details of their scams. The scams are protected; the devs, hidden under their anonymous and usually multiple handles, remain anonymous and ready for the usual rinse and repeat... well it's time for a little reckoning. Leveling the playing field somewhat, so to speak: Here's the WALL OF SHAME. Every con, every fraud, every red flag will be posted here. And no, the burden of proof will not be on the posters, but on the devs. Enough of this shitty situation in which they can and do hide under several veils with total impunity. A red flag will be enough. If someone deletes [posts and censors users on their threads, that would be their ticket to enter the WALL OF SHAME; If they delete posts that contains relevant questions that they prefer not to answer, they have gained their post on the WALL OF SHAME; if they say "no pre-mine" and there is in fact indications of other ways of accumulating the coins by taking advantage of their situation: WALL OF SHAME...

Everyone is free to act any which way they choose, but the WALL OF SHAME will be here to collect all the bad guys of crypto, their handles, their schemes,                their coins and every other detail that other users would volunteer.

Lets level the playing field.

No more impunity.

Lets eliminate the bad players.

1.- Templar77, real name Carlos R. Torres Ferguson, out of Mexico DF and the shame behind, among others, Universitycoin, Grumpycoin, Libertycoin and, if it comes to fruition, the upcoming X coin. Read about him in the several different threads of those coins. In many of them you won't find hundreds of posts that have been censored, but you will find entire threads with his exploits and those of his associate, Loljosh. Be aware of these guys.

2.- The Doge of Wall Street, aka Eugene (Yevgeniy) Rokhlin and his associate St.GNU. The former is quite public -he participates usually in the "Blackcasts" on YouTube, the later prefers to remain anonymous. He is the "Don" at Blackcoin and there are substantive charges about him/them pre-mining (to the tune of almost half the entire float of BC) the "no pre-mine" Blackcoin. Besides that, they own the multipool that services Blackcoin, as a separate business and used to "strategically buy BC in the open exchanges... when convenient". Convenient, one assumes, for the Don and his "group of investors" (that would be The Black Hand, a group of investors who operates in cahoots with Rokhlin and St.GNU and that in fact determines all the strategies from the inside. This is an organized group, represented by morituri13/dognip in the community (the guy in the infamous flower pants picture of Soepkip), who "donates" to the pool the Titan miner, for instance, and, obviously, determines when and ad what price the pool buys in to proceed with the usual pumps and dumps that are the base of the income of The Black Hand. Meanwhile, The Don and St.GNU continue dumping their estimated 35-40 million blackcoins premined acquired in the early hours/days of the PoW period. There's plenty of info about the schemes all over Bitcointalk, but don't expect anything remotely in that direction in any of the current managed threads other than the ones dedicates to exposing it specifically: The censor, with extraordinary dilligence, every post that even remotely points in that direction.

3.- This is a new one, the most recent: CLOAK. His dev is "Alty", who also uses the handle "TheDagger". He may or may not have pre-mined (still some PoW as of this writing pending), but he certainly doesn't answer pertinent uncomfortable questions like the one about a charge that while the two initial dedicated pools had a hashing rate of less than 20MH, the entire network boasted in excess of 20GH... Mind you, that is a situation that could happen without any devious scheme going on. Nor very usual but certainly possible. But if that were teh case, would you, as a clean dev, take advantage of the opportunity to explain that you in fact are only responsible for "x" amount of the 20GH+...AND show clear proof of it to dispel any doubts? Now if, on the contrary, you not only avoid to provide an explanation but quickly proceed to delete the posts and ban any questioner from the IRC channel, wouldn't that raise a significant red flag? It is certainly not the best way to provide confidence, trust and transparency, is it? So, since it is very cowardly to not just avoid the questions but delete the posts so others don't pose the same lingering questions, the playing field is leveled: If "Alty" or "The Dagger" provide proof positive they did not pre-mine CLOAK, they (he) will be taken down from the WALL OF SHAME. If not, here it is for everyone to be aware (and cautious) about it.
2929  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 05:28:43 AM
You will not read anything negative, nor any sensible or relevant questions on their thread, of course. They simply censor it. Just rah-rah crowd.

Well, it has been charged -and it was censored, not answered- that the PoW period (still ongoing as of this post) included a period in which the two pools mining the coin boasted less than 20MH hashpower while the whole network had over 20GH mining it. The obvious conclusion is that the coin was being hoarded by someone. If that charge lacked merit, the posting would have presented "Alty" the coin's dev, with a golden opportunity for debunking and come out clear, right? Instead, he chose to simply censor the post altogether, which is a very clear red flag for anyone considering investing in it.

Censoring the threads is, certainly, nothing new. As a matter of fact, very rarely you can find a single one that is not closely monitored and censored by the devs. Why would that be? There's only one reason: Use your common sense and decide. We, in crypto, are advocating freedoms while, in reality, there's no other segment of social media, anywhere with more censorship... not by Bitcointalk, but by the posters of the announcements. No wonder in the short end it is discovered that a growing number of them are just crooks.

Proceed cautiously with CLOAK.

you're retarded.

if the network has is 20MH, and one person wants to horde all of it, he adds 200MH, not 20GH. do you have ANY idea how much money you'd be losing spending an extra 1800MH on something to get 99% of it, and not just 90% of it? do you have any idea what you're talking about? or are you just a PnD FUD machine? you go from coin to coin under different aliases, trying to knock down the price of good coins, so your group can scoop them up cheap. then you make a killing.

enough is enough. no one trusts a word you say. you lie, and deceive, and are poison on the crypto community.

I have posted about 3-4 coins total in months, stupid idiot... err. mentally disabled individual, I have to try not to stoop to your levels of idiocy...

You don't even know how to express a simple thought, let alone the drivel you tried above that a 3 year old would express with some degree of clarity instead of the idiotic absurdities you put together to mean exactly nothing,

You and the likes of you are, in fact, the cancer of crypto and the reason it will probably never be trusted, with plenty of reason, by anyone in the real world.

but we will get rid of you and your despicable breed sooner rather than later.

This is just one step on that direction.
2930  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 02:55:18 AM
So the idiotic retards that are posting these known fallacies are permanently discredited for the bullshit spreaders that they are, everywhere, here is my first answer, ever, to a post from IconicExpert on the now closed original BC thread. The subsequent exchange is, naturally, quite heated since, at the time, I was a staunched supporter of BC -had not discovered yet the scam there- and what Iconic had tried to pull, with the so called "Community Pump", had in me the most acerbic and vitriolic opponent. Read the full exchange, if you are that interested, and, if you will, pay attention to those posting along in the thread, among which you will probably find one or two handles that have already posted their nonsense here, so they are not ignorants, they are liars for they witnessed this exchange live, front row: https://bitcointalk.org/index.php?topic=469640.25280

Here they are, fully exposed, for anyone who ever wants to check these idiots' credibility.
2931  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:57:58 AM
Dude, I already busted you back in your BC thread. Why would IE (you) delete this post and then alter all the conversation leading up to this? Because you answered my post AS Iconic but forgot to switch back to your Iconic account. So here is proof that barabbas lies, and that he does, in fact, delete posts.


sorry for the formatting,


   
Deleted Post
« Sent to: Absynth on: May 16, 2014, 01:18:29 AM »
   Reply with quoteReply with quote Remove this messageDelete
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Quote from: barabbas on May 16, 2014, 12:07:01 AM
Quote from: Absynth on May 15, 2014, 11:59:22 PM
IE, remember when I told you it was a HUGE mistake to convert donations into fiat BEFORE your goal was reached. Remember how I told you in the event of a refund that it would be impossible to figure out all the logistics? Remember when you called me stupid for suggesting that you do not cash out before the event takes place? Remember?


From: barabbas
But you are an idiot and no sane person would pay attention to an idiot... as reality has proven it once again.

Converting to fiat the donations was, and remains, the wisest move logistics notwithstanding. As a matter of fact, those donations would buy today double -roughly- the amount of coins, so it was THAT brilliant to convert them.

But only a new level of idiocy would even pretend that the opposite was the right way to act.

Some levels of idiocy are quite difficult to even fathom.



From Absynth:
forgot to switch accounts from your "FUDmonkey" back to IE?

Only a total retard -like you are- would take that answer as being from Iconic. Only a total idiot. But what else is new.

Oh, by the way, I was making the point of clarifying that, indeed, contrary to your idiotic quote, the fact that Iconic had converted the donations to fiat had been in fact quite profitable for every coin, especially BC, had gone much lower since the moment of the donation. Something quite obvious to anyone with an IQ above singles. But no one will ever accuse you of having an IQ above the singles, would anyone?

Lie to yourself all you want, but why would both you and Iconic alter your posts leading up to that incident to make it look like it didnt happen? You are quick to call people names when presented with proof but you never present any proof with your FUD BULLSHIT.

IT WAS PROVEN BY A MOD FROM THE LITECOIN THREAD THAT YOU AND IE ARE THE SAME IP ADDRESS. I WAS IN THE IRC AS WELL WHEN IT HAPPENED

Hardly. Since Iconic lives in New York, as everyone knows, and I live in the West Coast. As a matter of fact, the lying individual that posted that fallacy, lives very close to me, in my backyard, so to speak. I have offered (and the offer still stands) to meet with him in the safest place on Earth: The inside of his nearest police station. He went mute after that.

The offer is extended to ANY and all PROXIES, fucking retard.
2932  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:52:39 AM
Dude, I already busted you back in your BC thread. Why would IE (you) delete this post and then alter all the conversation leading up to this? Because you answered my post AS Iconic but forgot to switch back to your Iconic account. So here is proof that barabbas lies, and that he does, in fact, delete posts.


sorry for the formatting,


   
Deleted Post
« Sent to: Absynth on: May 16, 2014, 01:18:29 AM »
   Reply with quoteReply with quote Remove this messageDelete
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Quote from: barabbas on May 16, 2014, 12:07:01 AM
Quote from: Absynth on May 15, 2014, 11:59:22 PM
IE, remember when I told you it was a HUGE mistake to convert donations into fiat BEFORE your goal was reached. Remember how I told you in the event of a refund that it would be impossible to figure out all the logistics? Remember when you called me stupid for suggesting that you do not cash out before the event takes place? Remember?


From: barabbas
But you are an idiot and no sane person would pay attention to an idiot... as reality has proven it once again.

Converting to fiat the donations was, and remains, the wisest move logistics notwithstanding. As a matter of fact, those donations would buy today double -roughly- the amount of coins, so it was THAT brilliant to convert them.

But only a new level of idiocy would even pretend that the opposite was the right way to act.

Some levels of idiocy are quite difficult to even fathom.



From Absynth:
forgot to switch accounts from your "FUDmonkey" back to IE?

Only a total retard -like you are- would take that answer as being from Iconic. Only a total idiot. But what else is new.

Oh, by the way, I was making the point of clarifying that, indeed, contrary to your idiotic quote, the fact that Iconic had converted the donations to fiat had been in fact quite profitable for every coin, especially BC, had gone much lower since the moment of the donation. Something quite obvious to anyone with an IQ above singles. But no one will ever accuse you of having an IQ above the singles, would anyone?
i guess his 14 year old brain isn't fully developed yet

The 14-year-olds that I have known (and I have known a lot- never showed even a remote semblance of these levels of idiocy that, in fact, are quite impossible to even fathom indeed.
2933  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:52:02 AM
And that's all folks, enough of entertaining the idiocies of three or four retards. Here's the red flag, nothing else to add to it, do with it what you please and if you have something sensible to add or question, I'll answer while I would leave the retards to their own bullshit. Enjoy!
2934  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:49:21 AM
Dude, I already busted you back in your BC thread. Why would IE (you) delete this post and then alter all the conversation leading up to this? Because you answered my post AS Iconic but forgot to switch back to your Iconic account. So here is proof that barabbas lies, and that he does, in fact, delete posts.


sorry for the formatting,


   
Deleted Post
« Sent to: Absynth on: May 16, 2014, 01:18:29 AM »
   Reply with quoteReply with quote Remove this messageDelete
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Quote from: barabbas on May 16, 2014, 12:07:01 AM
Quote from: Absynth on May 15, 2014, 11:59:22 PM
IE, remember when I told you it was a HUGE mistake to convert donations into fiat BEFORE your goal was reached. Remember how I told you in the event of a refund that it would be impossible to figure out all the logistics? Remember when you called me stupid for suggesting that you do not cash out before the event takes place? Remember?


From: barabbas
But you are an idiot and no sane person would pay attention to an idiot... as reality has proven it once again.

Converting to fiat the donations was, and remains, the wisest move logistics notwithstanding. As a matter of fact, those donations would buy today double -roughly- the amount of coins, so it was THAT brilliant to convert them.

But only a new level of idiocy would even pretend that the opposite was the right way to act.

Some levels of idiocy are quite difficult to even fathom.



From Absynth:
forgot to switch accounts from your "FUDmonkey" back to IE?

Only a total retard -like you are- would take that answer as being from Iconic. Only a total idiot. But what else is new.

Oh, by the way, I was making the point of clarifying that, indeed, contrary to your idiotic quote, the fact that Iconic had converted the donations to fiat had been in fact quite profitable for every coin, especially BC, had gone much lower since the moment of the donation. Something quite obvious to anyone with an IQ above singles. But no one will ever accuse you of having an IQ above the singles, would anyone?
2935  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:45:52 AM
So u will put on alert every charge u read on net even u dont  understand what's is it about and not check by urself ? please calm down,.take some pills and go sleep.u are other a  paranoic or just stupid troll that want to keep btcs comes to ur Shitcoins only.

If it goes unanswered, I draw a conclusion that can easily be disproven and, instead, my post is censored, of course I will. Enough of bad players and crooks hiding under anonymous handles and scam schemes. Enough fucking already!

The second part of your post is not just illiterate it is obviously stupid in its conception too.
2936  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:41:58 AM
It is for you, the readers and posters, to decide what has merit and what is simply bullshit.

Looks like the readers have decided, LMAO. Take your bullshit and gtfo

What readers? you? Emilio? this has been posted for less than 2 hours and "the readers have decided"? I think everyone is deciding as they come. Not only on the OP's merits but on those of posters like you.

Oh and this is my thread. You can post anything you want here -not that you are welcome by any stretch of imagination, mind you- but it isn't for me to get the f out of my thread, you know? It doesn't have any use for you, obviously, but I have the feeling you will stick around...
2937  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:38:59 AM
You are a trip. You don't have to verify anything? So it's alright to throw out bullshit accusations without any proof? Ok then...

I had someone tell me that barabbas was responsible for MtGox, CryptoRush and he shot JFK. Scumbag!!

No I don't have to verify anything at all. If you launch a coin and you open a thread, it is your responsibility to answer any and all questions and charges... of face the consequences. Including the consequences for exercising censorship. Enough is enough with the bad players and crooks galore. I did not pose the charges, but I reached the obvious conclusion. The dev chose not to respond to the post and censor mine. That, to me, is a red flag if there's ever been one. For you it isn't? more power to you I don't give a fuck. But no, I don't have to verify for you or anybody anything. Whether you choose to take this into consideration or not is entirely up to you. In iot's own merit, as it is. If you need further verification, look for it yourself.
 

Alty said it straight  that he will delete any fud in thread that appears without any evidence just to keep thread clean as possible.if u have proofen bad info about any coin...its allright i will listen to u.but all in all u are just fuckin idiot that wants people start panic

Last answer to you on the matter: The original post (I believe still there, but not interested in verifying it) claimed that the "two pools have a hashrate of less than 20MH while the network had over 20GH..." That was posted days ago. I answered today and wrote that "That means, obviously, someone was hoarding the coin". Do you consider that FUD? I consider that and evident conclusion of some unanswered charge... and a second opportunity for "Alty" to answer those charges. He chose to delete the post instead. You draw your own conclusions. I drew mine.
2938  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:35:17 AM

Censoring the threads is, certainly, nothing new. As a matter of fact, very rarely you can find a single one that is not closely monitored and censored by the devs. Why would that be? There's only one reason: Use your common sense and decide. We, in crypto, are advocating freedoms while, in reality, there's no other segment of social media, anywhere with more censorship... not by Bitcointalk, but by the posters of the announcements. No wonder in the short end it is discovered that a growing number of them are just crooks.

Yourself included, you deleted a shitton of posts in your BC thread. We all know how much of a hypocrite you are, Iconic. Go back to your cave.

Of course you will delete this post, but theres a double standard that I just set. Delete it and confirm everything I just said, or leave it up and let people see who you really are. Either way, you're done man...

heres a Scam accusation for everyone since were doing this...
https://bitcointalk.org/index.php?topic=627818.msg6979830#msg6979830

I will never, ever, delete any post in any thread that I control. None. Never. For no reason whatsoever. No ifs, no buts, not interpretations. Whoever posts in my threads can be quite sure that it will be there for posterity to judge.

But you are just an idiot, pal, that chooses to believe bullshit. There are others two things -besides what I just wrote- that you already know about me and choose to ignore: I never, ever, lie. And I don't have any other accounts in Bitcointalk. None. Do with that info whatever the fuck you choose.
2939  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:31:57 AM
seems like the average age in here is 14!

Unfortunately, it is only mental age...
2940  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ALERT CLOAKCOIN on: June 08, 2014, 12:31:15 AM
Get a life you iconic loser.

You dumped your coins and now you're mad. You're the worst sore loser/baby in the crypto world.

+1

You can still buy now. Its cheap.

I don't buy into red flags. Nope. Not me. But you can double up if you feel like it, it's your money you know?
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