Has anyone actually looked into the firmware source for these units to make sure that KnC aren't up to shenanigans?

Somebody has posted on their forum, "Did you update to fw 1.10? Cause after I did that I also get some weird coinbase errors like "coinbase check multiple inputs in coinbase"

Don't forget actionfraud.police.uk allows you to file a fraud report and doesn't require you to be in the UK.

The more people who file one the more serious this case becomes.

Just as a reminder to anyone who has tried to cancel their order, just because KnC are scrabbling around trying to release firmware updates and paint a picture of success on their news releases, it doesn't change the fact that they have previously admitted this device is limited to where it can function (cannot actually be used for all scrypt applications), which runs contrary to the sales description so once you have notified them that you are cancelling on the basis that they have not met their performance obligations, there is no more wiggle-room for them to keep stringing you along on the basis that they'll eventually fix these performance problems.

They missed the boat, the units weren't as specified. Dangling a 'soon' scrypt-n carrot in front of people's noses now smacks of desperation.

If they had any sense they'd accept a slight-smaller profit and mine in their arctic data centre with these units and do the decent thing of refunding people who have instructed them to cancel the order.

Patriotism is such an absurd notion anyway. It's tribalism dressed up in pomp and ceremony.

That's why it's such a go-to for fundies, because it suits their self-important alliance with the image of a powerful entity.

In discussion with the lawyers today, my friend was advised that his company's handling of the cancellation was absolutely correct in that he could show evidence for KnC themselves admitting that the units were not able to mine on all scrypt applications, while "can be utilised for any Scrypt-based application" is still even being claimed on the product sales description on their website today and that his subsequent explicit cancellation instruction to KnC on the basis that they did not have a product that met the product description (and still doesn't!), meant that KnC do not have the right to declare the Titan to be a 'non-refundable' product because, as he suspected, they haven't met their side of the deal.

Although, to be honest, his lawyer doubted the likelihood of KnC declaring a product to be 'non-refundable' to stand up in court anyway as it would be considered an unreasonable condition of sale.

At the point you cancel, KnC are required to honour that cancellation on the basis that, all the while their product cannot perform as was originally specified, they have not met their obligations in the sales contract and, therefore, your cancellation is valid and they must refund the money paid to them. Even if they subsequently manage to scrape together a firmware that magically fixes these performance issues, it's too late, if you've cancelled the order then they don't get more time to try and fix the units deficiencies, they have to accept the cancellation and refund.

He has to wait on KnC's response to his lawyers letter as they have until Friday to refund the money but if they do not his company is just going to sue them.

So, that is a B2B transaction for you to consider. Despite KnC's attempts to paint a B2B sale to be subject to onerous limitations of liability, it is not. They haven't produced a product that performs as the sales description stated. End of.

Oh I see, yes well you can see how the brainwashed theist will ignore rational examples that show their thinking to be grossly flawed, so I don't think we're going to be able to reason someone out of a position they didn't reason themselves into.

Look at how dishonest their responses are. When presented with the fact that science, whether correct or incorrect, is based in reasoned reality, while theism invokes magical thinking about paranormal super-deities, they ignore the point being made and simply throw questions at you that require their own discussion topic to expand upon in the hope that they can invoke their god-of-the-gaps somewhere along the way.

Because that makes sense, you know, "Not sure about that yet, therefore, God"

It is infantile.

My friend has also engaged a top-flight Swedish lawyer to handle his company's cancelled order. KnC simply stopped responding to his emails asserting his right to cancel due to the units not functioning as per the original specs and, even though he repeatedly told them not to ship the units AND they received a formal letter from his lawyer, continue to ignore the problem and look like they are going to be shipping the units anyway.

He's having a conference call with his lawyer tomorrow and will ask about the best way to handle the situation regarding if/when UPS come knocking.

In console, type "repairwallet"

That normally corrects this type of issue.

What do you mean human DNA is an 'extraordinary claim'? You don't think it exists?

As for your continuously dishonest crap jaguar, don't think nobody notices. My role in this debate is not to have to walk your through every scientific theory, my role is to point out that at least every scientific theory is based in reality, whether it be correct or not.

As has been pointed out, you don't get to go, "Science hasn't got a definite answer yet? Right, time to invoke my invisible super-deity-being"

You are not just intellectually dishonest, jaguar, you lack intellectual integrity too. The practice of answering a question with another question in order to avoid answering the first question is typical of the lack of honesty displayed by rabid theists in these discussions.

I accept that explanations involving forces and elements which actually exist in this reality are at least rational, even if they are incorrect.

Let's weigh up the two side of the argument then:

1 - Any explanation that utilises temperatures, pressures and forces that are part of our Universe

2 - An explanation that invokes the paranormal and is centred around an omnipotent super-being who functions outside the laws of nature


Hmmmm, tough one. Do we consider your inability to comprehend the rational explanation as justification for you to cling on to your conditioned-response that binds your thoughts within a cage designed to fear rational explanation, or do we just roll our eyes and sigh about the epic lengths theists will go to in order to maintain their intellectually dishonest magic-man belief?

Here's a suggestion, set up a physical charitable organisation in the location you want to deliver help, then set up a series of CHILD addresses that relate to a specific product or package that the charity can deliver to the needy and ask people to send 'CHILD' coins to the address that they specifically want to credit in order to buy that item for the local needy children.

Have plenty of branded packs that you can show photos of actually being handed to those that need them.

Voila! You show yourself to be legitimate and functional.

This is where I wonder whether you guys aren't scammers, that you're just really out of touch with the reality of this industry.

Do you have any idea how many 'charity' scams have come and gone in the last year within this industry? Every coin and its mother was offering to make a donation somewhere as long as people bought into the coin.

You have turned up, posted about how a Berlusconi is involved in your project and then expected random strangers on the internet to buy your coin so they can send it to your 'escrow' address for charity.

It isn't going to happen. You have to have a proper charity structure set up in real life, with the crypto side only being a value-added component of your plans. I've already told you how you should be doing it if you want to convince people you are serious and not just another dodgy clone-coin.

Writing on the OP does not equate to anybody suitable reading it.

You need to pm these people yourself and ask them to hold the escrow funds.

But who is going to buy this coin and why? Fact is, unless you were to leverage the actual wealth of the Berlusconi family, you are relying on the goodwill of people in cryptocurrency who either have been ripped off repeatedly by numerous scams within this unregulated industry, or those for whom the opportunity to make profit is all that counts.

In a nutshell, nobody is going to buy your coin because it doesn't actually do anything.

As I said, you would need to have a company agree to accept your coin as payment for producing and, just as importantly, delivering care packages to the intended recipients of your charity, namely, the needy children.

That way you could encourage companies around the world to donate to your charity in their local currency, use it to buy CHILD and then send those coins to the 'care package' company regularly to despatch packages which could then be actually shown to be being delivered and doing what you say this project intends to do.

At this point all you have done so far is talk about raising the coin value in the trading markets. Which makes you look like just another scam because if you were genuinely interested in the charitable side of things you would be doing more than sitting and waiting for the markets to make value.

So just because you can't wrap your head around it . . .ALIENS!!!!1!!!!, erm I mean, GOD!!!!1!!!!!!!

You have just asserted something you have no business asserting because it is based solely on your lack of intelligence/education

The ONLY way? Or just A way, if you were to ignore all the other, rational and reasonable, cause-and-effect explanations that already exist to describe the things you want to invoke a deity for.


Again, you've just asserted something as though it were a fact, it is not, it is simply a bold assertion based on your assumption that what you are saying sounds right to you so it must be correct.

The Universe is Billions of years old, a timeframe you are struggling to comprehend. Add, then, the untold actions and interactions of temperatures and pressures and forces and elements that combine over this time to create the building blocks of biological life.

It didn't need to go from zero-to-superhero, it need only be an incremental series of advances. Which is exactly what is observed and understood about the process.

I bet you're invoking the "Junkyard tornado" fallacy where it is claimed the human eyeball existing is like a tornado ripping through a junkyard and 'accidentally' assembling a fully-functional Boeing 747. Because, after all, an eye either works as a fully complete and complex thing, or it doesn't work at all.

Except you are absolutely ignoring the fact that an eye isn't formed like that through evolution. It is all incremental and only those incremental changes that did not hinder the ability of a creature to survive long enough to procreate, or those that actually ended up raising the chances of a creature surviving long enough to procreate, would be passed down and form part of the blueprint for the offspring, whereby further mutation would result in additional tiny changes and so on.

It's about mutation, not purposeful design, error.

Your inability to comprehend relatively straightforward concepts and to actively seek out others who will also refuse to comprehend these things in order to replace reasonable explanation with myth and 'woo', because it suits you, does not change the truth that the most rational and reasonable explanations are perfectly capable of describing the process.

I'm sure Bittrex would provide escrow for a reasonable fee. Either that or find a trusted forum member here, like Tomatocage, to act as escrow.

Currently the donation address has a little over two bitcoin-worth of coins and is listed as being the 8th richest address. Given that you're only on two exchanges, I'd wonder what risk there is in the holders of the remaining five richest addresses cashing out at some point and dumping this coin's value down. It would make sense for you to nail down the charitable aspects of your project and actually show some charity being performed, otherwise you're just-another-clone-coin and the longer you delay in actually being charitable, the greater the suspicion that you're not.

You are marketing an altcoin through association with the name of a Berlusconi, the idea is for his family wealth to influence the charity you are intending to do in a positive way, not simply to keep talking about day-trading profit while keeping a 'charity' address with a couple of bitcoin's-worth of value in it as though that's going to accomplish anything.

It's not like you are utilising the coin technology to deliver the charitable funds, no, they'd still need to be sold on an exchange for BTC and then for fiat currency in order to purchase the things you say need to be supplied to the needy children.

If, however, you had the backing of a company that actually put together 'care packages' for these needy children and this company accepted your coin as payment for these packages and could receive donations directly from the people who hold 'CHILD', you wouldn't need a centralised collection point for this coin.

As I said, when you're done talking about trading profit being made, how about you answer the question I asked regarding the funds that are supposed to be in escrow?

Remember there are now three development tracks being charted. The existing multi-function in-wallet services platform which forms the bulk of the original development path, plus the superNET-related aspects which are also progressing and being managed from within the superNET discussion channels, as well as the commercially-managed ATM-related functions and features under development by the Cyprus company.

At times there is not much to report simply because people are busy working. The markets don't like quiet but anybody who has been with this coin project from the beginning knows that quiet periods signal productive progress underway.

So now you've spent the last several pages discussing the profit that people can make in buying and selling this coin, how about spending a little more time on explaining how and when you intend to do this 'airdrop' to the needy children?

You've made it onto Bittrex, so what's stopping you from handing over the escrow funds to them so that it doesn't look quite so shady for you to be holding your own 'escrowed' funds.

"Extraordinary claims require extraordinary evidence" - Carl Sagan.

I think the claim towards the existence of an all-powerful super-being qualifies as extraordinary.