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3141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | PoS | Wear Shorts To Meetings | Split Community on: May 14, 2014, 09:45:40 AM

Just examining that wallet's moves, there are clear patterns that point in only one, quite organized direction: There are several instances of deposits, in at least 5 or 6 instances, double deposits, to be precise, that are deposited to the account (same more or less exact amount) and immediately taken out in the exact number of the added double deposit (ie.; two deposits of 60,000 coins followed by a withdrawal of 120,000 coins. Like I say, several, in fact I believe 5 times in a month's period.


I suggest you do some more reaserch. This is good place to start : https://en.bitcoin.it/wiki/Proof_of_Stake

huh?

huh, huh?

So after a month steady trolling it turns out that you do not even understand how PoS and staking rewards works?? WOW as you would say.

Oh I do, do. Pretty well. Good attempt... buit not even close. Not even by a factor of 10. Or 20. No matter how you pretend, you have been caught with the pants down. No amount of coins, let alone a few hundred thousand, become over a million and a half by staking. Not even by a factor of 100.

You know what is really, really pathetic? When very clumsy, un-intellingent people pretend to counter minds that are clearly superior. It just pathetic beyond description.

Oh, and by the way, Soepkip's wallet also stakes...

Funny, in a very pathetic way, but very very funny.

And don't worry, "surprises" galore will be coming forward... and that's before the feds intervene.
3142  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | PoS | Wear Shorts To Meetings | Split Community on: May 14, 2014, 09:39:49 AM
...

So why is a person that is dumping BC during a pump and sending Seopkip 42,160 BC?...

Also, why did they attempt to hide the transactions? They could have just sent the funds to Seopkip directly, why mask it?[/b][/color]
ONE BC Whale wrote that he made agreement with Soepkip that he will send him 10k per price up by certain lvls...
9k - 90k was huge  pump so he payed him a lot simple.

That would suit your narrative perfectly ah?

Except that he paid him LONG BEFORE the price went up. as a matter of fact a week before, when the price was under 8k. What a fucking pity ah?

But keep throwing new ones, one may stick...
Question was:
"So why is a person that is dumping BC during a pump and sending Seopkip 42,160 BC?..." LOL learn read.

My answer:
ONE BC Whale wrote that he made agreement with Soepkip that he will send him 10k per price up by certain lvls...
9k - 90k was huge  pump so he payed him a lot simple.

Except that the question wasn't very punctual and you jumped the gun with an "explanation" that would fit your narrative perfectly. Forget the question that doesn't correspond... why was this person, 6 days before the pump, sending Soepkip 42,160 coins? That is the proper question.

Now, again, try to come up with something... it may stick. But don't be so clumsy next time, please.

And, by the way, AFTER the pump there's no evidence whatsoever in that wallet that the supposed whale you talk about paid Soepkip anything. That whale or any other for that matter.
3143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | PoS | Wear Shorts To Meetings | Split Community on: May 14, 2014, 09:35:27 AM

Just examining that wallet's moves, there are clear patterns that point in only one, quite organized direction: There are several instances of deposits, in at least 5 or 6 instances, double deposits, to be precise, that are deposited to the account (same more or less exact amount) and immediately taken out in the exact number of the added double deposit (ie.; two deposits of 60,000 coins followed by a withdrawal of 120,000 coins. Like I say, several, in fact I believe 5 times in a month's period.


I suggest you do some more reaserch. This is good place to start : https://en.bitcoin.it/wiki/Proof_of_Stake

huh?

huh, huh?
3144  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | PoS | Wear Shorts To Meetings | Split Community on: May 14, 2014, 09:31:36 AM
...

So why is a person that is dumping BC during a pump and sending Seopkip 42,160 BC?...

Also, why did they attempt to hide the transactions? They could have just sent the funds to Seopkip directly, why mask it?[/b][/color]
ONE BC Whale wrote that he made agreement with Soepkip that he will send him 10k per price up by certain lvls...
9k - 90k was huge  pump so he payed him a lot simple.

That would suit your narrative perfectly ah?

Except that he paid him LONG BEFORE the price went up. as a matter of fact a week before, when the price was under 8k. What a fucking pity ah?

But keep throwing new ones, one may stick...
3145  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | PoS | Wear Shorts To Meetings | Split Community on: May 14, 2014, 09:28:53 AM
WOW...now watch the fanboys come up with an excuse for this one.

On April 6th Soepkip received 15,000 BC from this address: http://blocks.blackcoin.pw/tx/26745593b3d97c5cb6403021698efb170dbafffef798aa1b19ecc21d0ce96015#o1 <---First Address
That address only has a couple of transactions, no big deal right?

However, when you look at the address that sent the funds to the first address I listed you will find whomever has that account has over 1 million BC: http://blocks.blackcoin.pw/address/BBGgMaAs1yitHS5A7fpknr9pEce8MPa2nr  <--- Second Address

So what right?


On April 6th Soepkip received 27,160 BC from this address: http://blocks.blackcoin.pw/tx/ce871a92b94a7a9dcbd8b2d987098885b9229e7e5b9e7fe1bb2a940e0c22399e#o1 <---Third Address
That address only has a couple of transactions again, still no big deal right?


However, when you look at the address that sent the funds it is the same address as that second address: http://blocks.blackcoin.pw/address/BBGgMaAs1yitHS5A7fpknr9pEce8MPa2nr <---Same as Second Address

There was over 1 million BC in this account. However, on April 11th whoever owns this account started dumping BC. So what? April 11th was start of the pump for the first major spike of BC.

So why is a person that is dumping BC during a pump and sending Seopkip 42,160 BC?...

Also, why did they attempt to hide the transactions? They could have just sent the funds to Seopkip directly, why mask it?


I don't know why you are erasing my posts now, but whatever.

Anyway, I posted that following the money would take you to very interesting places...

Just examining that wallet's moves, there are clear patterns that point in only one, quite organized direction: There are several instances of deposits, in at least 5 or 6 instances, double deposits, to be precise, that are deposited to the account (same more or less exact amount) and immediately taken out in the exact number of the added double deposit (ie.; two deposits of 60,000 coins followed by a withdrawal of 120,000 coins. Like I say, several, in fact I believe 5 times in a month's period.

The fact that the balance of a wallet that had at some point 1.5 million BC is currently zero or close to zero, also speaks volumes.

But no matter what it speaks, if people don't want to hear, they just will not, no matter how clear the evidence... as I pointed out to you not long ago.
3146  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | PoS | Incompetent Dev | Split Community on: May 14, 2014, 09:01:32 AM
Your Thread Title! Come on now. That's just not fair to people still holding BC.

Is Soepkip incompetent?
Is the community split?

I changed the title to reflect the truth...

The Dev comment is subjective. But if you're no longer doing projects, then the community is no longer split.

I disagree, of course. Nothing subjective about competence. It is most of the time, evident on sight alone; in effect always.

The community, whether IE does any more projects or not, is quite split at this point (that is, again, an objective statement based no only in people who post but on people who PM).

But you can be very easily made right: If the price of Bc were to start going up, even slightly, in the coming week, the ra-ra's would be deafening... such is the fickle nature of communities driven by blind greed. So hope...

Because the exact opposite is bound to happen if the fall continues. Only more virulently so.

Fine, but this thread was made because of a split opinion on project funding. I don't see the need for it just because there's a group of you who disagree. We obviously aren't the only altcoin community with members who don't agree with the dev or community manager. Is this thread just going to be an [ANN] of the BC peanut gallery who disagrees, has no stake in BC, and doesn't do any projects? :/

I don't think this thread was made for the reason you point. I believe -but maybe wrong - this thread was made because rat4 closed the official, non-censored one and it was immediately substituted by one censored one by Soepkip. You don't know if the people reading and posting here have or no interests in the coin and if they do, of what nature, so I believe it is absurd to pretend it or, for that matter, that all who post/read are guided but just one, much less the same, interests.

To the jungle guy, you may not care, but a lot of people is glad to have "opened their eyes" to the realities of what is going on here. The black hand coul operate anywhere, including here, and there's not one damned thing than anyone can do -for now- in this lawless space and time. Except, maybe, bring their existence out in public light -which they don't even bother to try to hide-; the problem here, in BlackCoinland -obviously for some of us- is that The Black Hand operates in BC in cahoots with the dev team and in a fraudulent manner.

But it goes without saying -although I have said it many times already- that you and many other just don't care...

Well, sorry, some of us do.
3147  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 14, 2014, 08:47:14 AM
happens to work for the PR Company

outrage!

That is my understanding of the post from Maarten. If I misunderstood, I will be the first to correct the misunderstanding...

I think you misunderstood big time. When maarx referred to 'the PR guy' in the photo, he was referring to the fact that people were referring to him as the PR guy ... when in fact he isn't. At least, that's my understanding, and one that makes the most sense. But then I don't share your perspective ;]  

Not only you don't share my perspective, apparently, since it doesn't even incite your curiosity one bit, you find the fact that it is a self-admitted member of the Black Hand (for your perspective the "group of investors" I refer to as The Black Hand) with absolutely no reason whatsoever to be there at all, perfectly normal, logical, even not worth mentioning, right?
3148  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 14, 2014, 08:43:40 AM
On the PR we only agree on the surface, because it is an exercise in absurdity for the points you comment and some others, but you don't want to scratch the surface. And I have. And right there, jumping at you in the photo, we have, next to the stoned guy, a pretty active member of this community, "Dognip" and "Morituri 13" both rolled into one who not only happens to work for the PR Company but slipped, publicly, in the original forum, the admission that he was part of The Black Hand (although he called it, discreetly, "a group of investors with no formal contracts, just a few papers signed").

Wait a minute. Does Morituri actually work for the PR firm? Are you sure? Can someone please confirm this? If this is true this is a major conflict of interest on so many levels. Not only is it a conflict of interest, they also lied because they said they "searched" and "interviewed" other companies, but settle on MBA. Now how convenient is it that the agency that was selected to represent BC happens to be the employer of one of the members of the "investment group"...

LMAO I can't make this sh!t up!


That is my understanding of the post from Maarten. If I misunderstood, I will be the first to correct the misunderstanding...

But, I edit, even if I misunderstood, what would be the business of a self proclaimed member of The Black Hand in such a meeting?

Hi, the PR firm guy is "dognip" or "morituri13" (our community member).. I thought he was from MBA too at first.. Tongue

It seems that Maarx was stating that he also assumed the guy was the from the PR firm but he was really morituri13. I do not think morituri13 works there. However, you raise an interesting point. Why was he there?

If that is indeed the case, the answer cannot possibly be more obvious.

Also, upon examination of Soepkip's wallet, a very interesting thing happened on April 6th. He, who only receives staking premiums and takes out "rent money" -per his own admission-, receives 42,660 coins, practically doubling his holdings. Why? from who? we know he has no means to have purchased such amount even at the price at the time (under 8k sat), so where that comes from? Interesting indeed...
3149  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 14, 2014, 08:25:49 AM
On the PR we only agree on the surface, because it is an exercise in absurdity for the points you comment and some others, but you don't want to scratch the surface. And I have. And right there, jumping at you in the photo, we have, next to the stoned guy, a pretty active member of this community, "Dognip" and "Morituri 13" both rolled into one who not only happens to work for the PR Company but slipped, publicly, in the original forum, the admission that he was part of The Black Hand (although he called it, discreetly, "a group of investors with no formal contracts, just a few papers signed").

Wait a minute. Does Morituri actually work for the PR firm? Are you sure? Can someone please confirm this? If this is true this is a major conflict of interest on so many levels. Not only is it a conflict of interest, they also lied because they said they "searched" and "interviewed" other companies, but settle on MBA. Now how convenient is it that the agency that was selected to represent BC happens to be the employer of one of the members of the "investment group"...

LMAO I can't make this sh!t up!


That is my understanding of the post from Maarten. If I misunderstood, I will be the first to correct the misunderstanding...

But, I edit, even if I misunderstood, what would be the business of a self proclaimed member of The Black Hand in such a meeting?
3150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | PoS | Incompetent Dev | Split Community on: May 14, 2014, 08:24:32 AM
Your Thread Title! Come on now. That's just not fair to people still holding BC.

Is Soepkip incompetent?
Is the community split?

I changed the title to reflect the truth...

The Dev comment is subjective. But if you're no longer doing projects, then the community is no longer split.

I disagree, of course. Nothing subjective about competence. It is most of the time, evident on sight alone; in effect always.

The community, whether IE does any more projects or not, is quite split at this point (that is, again, an objective statement based no only in people who post but on people who PM).

But you can be very easily made right: If the price of Bc were to start going up, even slightly, in the coming week, the ra-ra's would be deafening... such is the fickle nature of communities driven by blind greed. So hope...

Because the exact opposite is bound to happen if the fall continues. Only more virulently so.
3151  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 14, 2014, 08:10:54 AM
It will take a bit more trolling before i make a loss on this.
The only priceless thing is your rising level of insanity. Next step must be really special, already wondering if space aliens, lizardmen or at least the KGB will be added to yor movie plot.

I am not going to get in between the debate between you two, but I will say this. Barabbas and I almost disagreed on everything in the other thread. I still do not agree with some of the stuff he writes. But he is correct in calling it a scam because it is. People are so blinded by greed they just do not want to see what is right in front of them. Rome is burning and where is the dev team/foundation? They are in Miami partying with YOUR money.

And this bullsh!t about CoinKite hype going to save the day is comical. There will not be any "hype" or pump from CoinKite. CoinKite is irrelevant before it even got off the ground because merchants are not going to adopt new technology to accept crypto when other companies will allow their users to use standard ATM/Debit cards to pay with crypto. CoinKite will never take off, and I have said this before.

Even with the scam I felt BlackCoin could succeed if the community took over. That is what I TRIED to do a few weeks ago. I tried to get BlackCoin back in the hands of the community, but I got personally attacked for it. Now on Reddit people are asking the questions they should have asked 1 week ago. "Could this be a scam"?

The ONLY way to save BC is through the community and right now the community is confused and demoralized. Do not let the small group of mindless IE hater trolls and fake accounts posting in the "official" thread fool you. The community is no longer the same as it was 2 months ago.



I was and remain quite critical of some of your initiatives. But never of the card that, being a very profitable business for you, was both innovative and obviously a big push for the Blackcoin.

Now we happen to agree in a lot of points, including that priceless photo and it's evident cost. And, of course, the evidence that this is a boat sinking through several holes. We also agree on Coinkite, which was an absurd thing -it is an absurd thing- to be linked too, because, among other things, it cheapens Blackcoin -now it doesn't need to cheapen it any more-, because it represents absolutely no advancement, nor practical purpose (and has a horrible logo that no one would want associated with the gloriously beautiful one of BC). On the PR we only agree on the surface, because it is an exercise in absurdity for the points you comment and some others, but you don't want to scratch the surface. And I have. And right there, jumping at you in the photo, we have, next to the stoned guy, a pretty active member of this community, "Dognip" and "Morituri 13" both rolled into one who not only happens to work for the PR Company but slipped, publicly, in the original forum, the admission that he was part of The Black Hand (although he called it, discreetly, "a group of investors with no formal contracts, just a few papers signed"). That Black Hand not only made a dash land grab when you, IE, announced your plan, but came in with thousands of dollars for all kinds of projects, the Foundation and their PR but, before, the Titan, given not to BC but to a company completely independent of BC and fully owned by Eugene and StGNU, company to which they have donated heavily prior to the Titan too. Now, mind you, the multipool is owned and operated, again, by the two Joe Sixpacks, NOT the Foundation and most certainly, not BC. Any future profits from the Multipool will go, directly to those two Sixpacks who happen to run The Black Hand too... and everything else in Blackcoin.

That's the surface, quite evident, that you still don't want to scratch. But I have. And what's underneath, is not a pretty -or salvageable at this point- picture.

Now, as the price approaches or breaks 20, a lot of people is going to start feeling inclined to think a bit more and ra-ra quite a bit less.

Of course they will use the priceless photo as their turning point, but such things only contribute to pour more water on an already sinking boat.
3152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 07:16:15 AM
Not only unfounded, non-existent. Because I haven accused you of such thing. At all. It may come as a shock to you but I don't accuse unless I have evidence. To my satisfaction. The people I accuse, specifically if you must know, are peddling an exchange -another one- and some sort of game-in-a-browser. You can easily identify both. And, again, none are you.

I call it as I see it. And will here and at any of those places/coins you mention if, and only if, they are running scams. As an anonymous handle I care about reputation and I won't use sock puppets -as so many of you do- nor change the account or the name. And if I make any mistakes and am proven wrong, I'll have no qualms not only admitting to it but apologizing for it.

Thank you for providing, again, the unnecessary link. Everyone here knows what scamming is. I most certainly do, semantics included or left aside. But since semantics seems to be of importance to you, let me be even more clear as to what I consider scammy and why I consider Next to be it: Anything that can be done here, without accountability, and that could never be done in the real world, for being illegal. Is that clear enough? If you need clarification, please don't hesitate to ask.

Your memory is short:

Actually, your answer is totally ridiculous and argumentative.

1.- Minimal as it is, BTC is a global phenomenon on which several -and growing- real life business are based. It has staying power proven through years of all kinds of attacks and manipulations and a clear path as to what it is, it represents and who the face of it is (The Bitcoin Foundation, with names and addresses, physical ones, as well and TAX IDs attached to it... none of which applies to NXT). Additionally, hundreds of independent organisms and enterprises do control who is mining and how much are they mining. So your point comparing NXT to BTC is utterly ridiculous, ok?

2.- You (who are you, by the way?) may have spoken to "some of these holders" or "Yoda" for all I care. It is argumentative and doesn't add any transparency to the conversation. Either put up or, kindly, shut up.

1. So, according to you, 4 years ago, you would have called Bitcoin a scam? If not, then come back in 4 years and we'll talk. (Btw, we have businesses starting up in NXT right now as we speak)

Quote
Additionally, hundreds of independent organisms and enterprises do control who is mining and how much are they mining. So your point comparing NXT to BTC is utterly ridiculous, ok?

Prove it. (In case you missed it, this example was to show how ridiculous your arguments were, you were asking me to prove something as equally ridiculous.)

2. It doesn't matter who I am, but I am one of those who are starting a business based on the NXT platform.

Who are you?

Pandaisftw

No, according to me 5 years ago Bitcoin was a new concept for a potentially revolutionary for of payment. And I would probably would not have thought much of it except for another anarchistic pipe dream. Now if I would have given it some deeper mind, I would have probably been a converted very quickly. But there was no money to be made in bitcoin. For years. So that, in and of itself, separates it completely from NXT whose main if not only purpose was, as clearly evidenced, to make a very few amount of people a lot of quick money. By design. Proven by facts and by it's "distribution". PROVEN.

2.- No, it really doesn't matter who you are. It is clear that it is another scammer whether your scheme is already posted or not.

Me? I just trade on these scams trying to avoid getting too burned and hoping to find Bitcoin version 2 -the evolution of Bitcoin, that will correct some or all of its obvious flaws. No matter much who I am, because I am not scamming people nor pretend to be an honest anonymous individual while taking other people's money.

Think of me as someone that will expose alt scams as he sees them. And run with it.

Funnily enough, your part of your definition of "scam" doesn't particularly make sense with blockchains. Every transaction is accountable and guaranteed by the protocol. So with that out of the way, it's now a question of legality, is this correct?

Pandaisftw

Well when you face the wrath of 4 or 5 active posters, it is hard to keep track. And, by the way, I don't know and wouldn't be surprised at all if your scheme is not YET posted at the AE. But, since it is not, I cannot assume that it will so, for that, for the time being, I apologize.

Well it does. With any ledger. As a matter of fact, much more so. But that is another subject and I don't want to go into it now (need for accountability, hence non-anonymous presence and the like). But in your somewhat narrow view, of course it'll come down to legality, correct.

As usual, it is much wider. For instance, I have a very severe problem with the fact that stealing is not only rampant but also accepted to the point of giving bragging rights and even the inevitables "he/she deserved it" or "that would teach him/her a lesson, so it is a favor" in cryptoland. You see I am convinced that digital currencies could be an enormous leap forward, through their real asset, the blockchains, for humanity. That progress is hindered only because Cryptoland is, in reality, Crooksville...

But, like I said, let's leave it at legality. And no, the way the IPO was conducted (not that IPOs in the real world are not fraudulent too, mind you) was simply not legal.
3153  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 06:38:20 AM
Let me be absolutely clear in this: I did not imply, in any way, that the NEXT community is full of scammers. I don't know how you could have that impression. The ones I have called so are two, specifically, that have been quite active in questioning me today and that it so happens, have schemes going on at AE that I consider quite scammy. I have found others there, that are too, in my opinion.

But neither the actions/words of those two individuals, not the scams present or future at AE can in any way be representative of the community at large.

I understand that you "fail to see what an attack would achieve" and I have addressed that position earlier. I will do it again: You admit that it would be "incredibly disruptive for a time". That is precisely the point. Deep pockets would be very easy to benefit big time from such disruption, especially if caused by them for that precise purpose.

Thank you for you polite post. I appreciate and respect your position albeit I cannot share it. And if this proves to me to be the state of ALL significant altos, I will understand even clearer why there's absolutely no progress made 5 years plus after bitcoin. And will not invest in it, of course. I do expect though to find "honestcoin" where the distribution is both fair, intelligent and by all means, compensatory for both the creators and the visionaries that invested in it... but not to the point of absolute control and, even worse, non-premeditated manipulation.

You might want to check out counterparty, mastercoin and coloredcoin, as they all have some sort of asset exchange as well - have fun calling everyone there involved with their AE scammers.

Let's be clear here: You toss around the term "scam" on basically everything (and anyone who corrects your misconceptions) - without evidence. As someone pointed out, you don't seem to know the definition of what a scam really is, so I'll link it again:
http://dictionary.reference.com/browse/scam?s=t

Where is your proof that whatever and whoever you are accusing are running scams? As far as I know, there are legitimate assets on the exchange being run by people who truly want to make their idea succeed. By the way, I don't have anything listed on the AE, so your accusations about me are completely unfounded.

Pandaisftw

Not only unfounded, non-existent. Because I haven accused you of such thing. At all. It may come as a shock to you but I don't accuse unless I have evidence. To my satisfaction. The people I accuse, specifically if you must know, are peddling an exchange -another one- and some sort of game-in-a-browser. You can easily identify both. And, again, none are you.

I call it as I see it. And will here and at any of those places/coins you mention if, and only if, they are running scams. As an anonymous handle I care about reputation and I won't use sock puppets -as so many of you do- nor change the account or the name. And if I make any mistakes and am proven wrong, I'll have no qualms not only admitting to it but apologizing for it.

Thank you for providing, again, the unnecessary link. Everyone here knows what scamming is. I most certainly do, semantics included or left aside. But since semantics seems to be of importance to you, let me be even more clear as to what I consider scammy and why I consider Next to be it: Anything that can be done here, without accountability, and that could never be done in the real world, for being illegal. Is that clear enough? If you need clarification, please don't hesitate to ask.
3154  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 05:55:33 AM
It was, you would probably admit, "abruptly interrupted", as has been stated for months, by a lot of people. But the problem, from where I stand, is not the apparently dubious distribution chosen (after so much care was evidenced by BCNext in  making sure that the distribution was as wide as possible), that would be a problem in and of itself. The problem is the current concentration of coins and the range of problems that it can cause.

I am answering people here because some are quite polite and not argumentative or offensive. I have just a very small interest in the coin and will dump it at any moment because my decision is made and I won't participate in what looks to me like a scam or, at the very least, like I have explained before several times, a coin manipulated in extreme even if there is not intention to manipulate it. I mark it scam and move on. Period.

Sorry that I cannot be convinced that anonymous individuals, next to loads of money, with total lack of accountability, are going to do good. This thread itself is full of scammers with their schemes already on the AE and about to surface there, as an example, so...

DRK, as I stated, is next under the radar.

I and others accept that the distribution of NXT could have been better but accept it, maybe we are all idiots, maybe not.

I also accept that some people in the community will be untrustworthy but what I can say when this has become apparent they and their scams have been neutralised and in many cases victims have been compensated by other community members.

There is vast amount of information now generated by the community so to someone new to it, it can seem impenetrable, from the original 2600 thread to the nxtforum, and google hangouts (also on youtube) where many members of the NXTcommunity are easily identifiable (in RL terms).

Even 5 years on with bitcoin is struggling to get mainstream adoption and the major holders of bit coin are owners of assets valued far higher than NXT largely unknown and unaccountable.

I accept that you can make these points but these points apply to ALL digital currencies, even ones which aim to achieve a level of 'respect' with 'named' investors suffer in the same way.

True the top 10 accounts own a lot of NXT but some day they will sell, its an investment for them, are they likely to perpetrate an attack - no, by the time they sell could someone else - I doubt it - it will take a lot of cash to buy it then...

I also resent the unfounded conclusion that you come to with no evidence in your earlier statement that this thread is full of scammers and so is the AE, I see no evidence other than the criteria you are using to come to this judgement are wholly unrealistic for an ecosystem that is 6 months old and essentially a financial wild west, no one actually denies this and many community members actively warn and advise new members openly in the forums.

The development and innovation that the community is undertaking is transportable and we now have some 'clones' following NXT trying to resolve the initial distribution problem.

If one of the original stakeholders or a group were to damage NXT I am fairly sure the community would take the innovations, create a new coin, distribute it and carry on and seek to take all of the current investors/holders with them - the beauty of PoS is this can be done easily and it would not take long.

So I fail to see what an attack would achieve other than being incredibly disruptive for a time.

Finally I will repeat that  I refute your claim about the community completely - yes we may have a few untrustworthy members, all communities do but to tar this community with such a broad sweeping statement is completely unjustified - your 'radar' needs to go deeper as at the moment it seems rather superficial.

Let me be absolutely clear in this: I did not imply, in any way, that the NEXT community is full of scammers. I don't know how you could have that impression. The ones I have called so are two, specifically, that have been quite active in questioning me today and that it so happens, have schemes going on at AE that I consider quite scammy. I have found others there, that are too, in my opinion.

But neither the actions/words of those two individuals, not the scams present or future at AE can in any way be representative of the community at large.

I understand that you "fail to see what an attack would achieve" and I have addressed that position earlier. I will do it again: You admit that it would be "incredibly disruptive for a time". That is precisely the point. Deep pockets would be very easy to benefit big time from such disruption, especially if caused by them for that precise purpose.

Thank you for you polite post. I appreciate and respect your position albeit I cannot share it. And if this proves to me to be the state of ALL significant altos, I will understand even clearer why there's absolutely no progress made 5 years plus after bitcoin. And will not invest in it, of course. I do expect though to find "honestcoin" where the distribution is both fair, intelligent and by all means, compensatory for both the creators and the visionaries that invested in it... but not to the point of absolute control and, even worse, non-premeditated manipulation.
3155  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 14, 2014, 04:37:35 AM
2 months.... ok, now we know why you know it all....
So far I have investigated 3 coins total and one is both a scam and the idea of a total idiot, on top of it (SPA)

don't forget that to mention that you lost all your money with SPA, what turned you into a drooling clown.

Now I'll come upon DRK, we'll see what I am able to find...

finally. bye.


Oh I am not going anywhere. I'll see this grotesque spectacle to the end, if nothing else to witness the massive losses of idiots like you.

And by the way, I had very minimal (pennies, really) losses on SPA. I discovered very early that the dev was more than a scammer, a total idiot.

Much like I did here, once I discovered the scam...

But the show? priceless!
3156  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 04:31:38 AM
https://bitcointalk.org/index.php?topic=303898.20
\
So BCNext wrote this: "Oh, BTW, don't send big amounts, please.  If someone owns very big stake of coins this can lead a proof-of-stake currency to failure." (and then "big amounts" were considered decimals of BTC). But somehow the FACT that 10 wallets (who could be the same individual or very few) own almost 300 million coins is not a "distribution" nor technical problem...

Read the whole thread. On second or third page, the max was fixed to 1 BTC.  Everything is in public record. How the coins were distributed is also public and variable as you can see the hashes on blockchain info and coins were distributed accordingly and verifiably.

It was fairest IPO as the developer's stake were zero. And rules were same for everyone -- no exceptions for the developer.

Once again, that is, 1.- if you believe the developer. It's a hard one but ok. You believe him, I won't.

But, if it was true, it was a MONUMENTAL mistake and counter totally to his initial purpose. Regardless... the resulting fact is that a few people got an insane amount of coins, situation that remains now, which is EXACTLY THE OPPOSITE of what his initial intent was and the inevitable consequence is the permanente manipulation of the market as those with the millions of coins dump them at will upon the market.

Never mind that they make of "forging" a ridiculous mockery.

we all know this argument. we all feel the same way you do about it. some of us however feel that some of the other advantages outweigh this legitimate criticsm. however if you do not than you are totally welcome to that opinion. if you dont like it than just dont buy any nxt. ezpz

As I have stated repeatedly, I will not beyond the very few I got initially that I will liquidate, for profit, any moment now.

3157  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 04:13:14 AM
https://bitcointalk.org/index.php?topic=303898.20
\
So BCNext wrote this: "Oh, BTW, don't send big amounts, please.  If someone owns very big stake of coins this can lead a proof-of-stake currency to failure." (and then "big amounts" were considered decimals of BTC). But somehow the FACT that 10 wallets (who could be the same individual or very few) own almost 300 million coins is not a "distribution" nor technical problem...

Read the whole thread. On second or third page, the max was fixed to 1 BTC.  Everything is in public record. How the coins were distributed is also public and variable as you can see the hashes on blockchain info and coins were distributed accordingly and verifiably.

It was fairest IPO as the developer's stake were zero. And rules were same for everyone -- no exceptions for the developer.

Once again, that is, 1.- if you believe the developer. It's a hard one but ok. You believe him, I won't.

But, if it was true, it was a MONUMENTAL mistake and counter totally to his initial purpose. Regardless... the resulting fact is that a few people got an insane amount of coins, situation that remains now, which is EXACTLY THE OPPOSITE of what his initial intent was and the inevitable consequence is the permanente manipulation of the market as those with the millions of coins dump them at will upon the market.

Never mind that they make of "forging" a ridiculous mockery.
3158  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 04:08:10 AM
It was, you would probably admit, "abruptly interrupted", as has been stated for months, by a lot of people. But the problem, from where I stand, is not the apparently dubious distribution chosen (after so much care was evidenced by BCNext in  making sure that the distribution was as wide as possible), that would be a problem in and of itself. The problem is the current concentration of coins and the range of problems that it can cause.

I am answering people here because some are quite polite and not argumentative or offensive. I have just a very small interest in the coin and will dump it at any moment because my decision is made and I won't participate in what looks to me like a scam or, at the very least, like I have explained before several times, a coin manipulated in extreme even if there is not intention to manipulate it. I mark it scam and move on. Period.

Sorry that I cannot be convinced that anonymous individuals, next to loads of money, with total lack of accountability, are going to do good. This thread itself is full of scammers with their schemes already on the AE and about to surface there, as an example, so...

DRK, as I stated, is next under the radar.
3159  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 04:00:27 AM
https://bitcointalk.org/index.php?topic=303898.20
\
So BCNext wrote this: "Oh, BTW, don't send big amounts, please.  If someone owns very big stake of coins this can lead a proof-of-stake currency to failure." (and then "big amounts" were considered decimals of BTC). But somehow the FACT that 10 wallets (who could be the same individual or very few) own almost 300 million coins is not a "distribution" nor technical problem...

Funny indeed.
3160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 14, 2014, 03:44:09 AM
How peculiar... Rob's undoing will come from partying really high and dress for vacation... I guess the inevitable will come regardless under what disguise just like Al Capone fell for stupid relative minimal income tax evasion.

This entire house of cards, scam, will quickly fall not for how one idiot shows up at a meeting or posses for a picture... that only corroborates the obvious: That's he is an idiot.

This will fall -it is tic... tic... ticking as we speak- for the same reason: For what it is and will inevitable show to be: An orchestrated scam.

 

Remember bitching at us "minters" for saying this exact thing months ago? Hah if only people had listened back then they could have gotten out when I did (during the pump; above 50k; but I'm still holding about 15% of my initial investment cause I have a hard time completely letting go and you never know what might happen). But no, you and IE and everybody else were too busy shutting me up and labeling me a troll and an idiot. I hope people learn something from all this. When something seems too good to be true, it usually is.

Hey maybe  the "foundation"  should be legally registered like the mintcoin fund, that way you can hold those people accountable by law. Something tells me they will be hesitant to do that.

I don't know if I shut you up, but I hardly ever label anyone a troll, so I doubt it. Also, I have never written anything at all about Mint... and I have been in crypto for less than 2 months... In any case, I have to admit that I was a total supporter of the coin when I came in after the initial research. I even wrote, I remember, that "it oozes transparency..." so I'll be the first to admit I was as wrong as anyone can be.

The level of scam here is amazing, I have found. But far from unique. So far I have investigated 3 coins total and one is both a scam and the idea of a total idiot, on top of it (SPA), another is this one and I just found out, after extensive research, that a great coin/platform out there, NEXT, is a monumental scam also, only two levels above this one.

Now I'll come upon DRK, we'll see what I am able to find...
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