I could show you many. Just for your reference, since you profess total ignorance on the matter- I will remind you that Steve Jobs himself was ousted from Apple. And that wasn't an exceptional occurrence either.

But any similitude with stocks in a cryptocurrency, is pure coincidence and the poorest of excuses for stocks are HEAVILY REGULATED and cryptos are not at all, therefore anyone can perpetrate any kind of fraud here without any consequences, while in stocks, in the real world, he (they) will be taken to jail.

It is preposterous that the top 20 -or 50- wallets control 80-90% of the coins. Not just preposterous but both a distribution problem and a recipe for disaster.

But you really don't care about that, really, do you? You don't care about the future at all, you just want your holdings, whatever they are, to be worth more than you paid for and, when spiking, getting out, right? That's called daytrading or swing-trading. And it's quite ligitimate, so no problem at all with that.

There's a big problem though when you pretend to serve that stance with FUD or inventing similarities that don't exist

UH ho... Houston we have a serious problem. Questioning a very logical question, make me a "must be a troll".... very serious (and common) problem.

No "sir" I am just looking for clear answers, that cannot come from fan boys or scammers -one of which you surely are-. I AM aware of the holdings of those 100 wallets. Top 10 wallets still own almost 1/3 of the coins. It IS a HUGE problem by which future investors, like me, should run for the exits.

I wanted some common sensical explanations, obviously there's nothing but blind greed.

I appreciate your confidence but, sorry, you don 't dispute any of my points. Again: 20 wallets got a total of 1 billion coins. Even after presumably massive dumping, still a bunch of those wallets and a few others, control 90% of the coins. How is that not a massive distribution problem? SWhatever the situation on BTc notwithstanding?

My point is that if only 20 wallets control probably 80-90% or more of NXT, how does that situation makes a 51% attack "impossible" as claimed in the NXT documents?

Clearer: There's a huge distribution problem -extensible to forging- in this coin. Or I am totally wrong?

Hey fan boy, what is this now, turning against your masters? What is it, not enough aluminum wallets orders?

You are a bright adolescent, stick to learning during the many formative years still ahead, ok? And try to become a good guy too, believe you'll be a rarity -valuable one- in cryptoland.

I understand that but, assuming they havent sold a single coin, a guy with 50 million would have considerably more than 50 million nby forging right now, right?

So those people with 40-50 million coins, they don't forge more?

I have been reading about this coin and it's very complicated "system" and horribly complex wallet -that, for me, serves no purpose since I have tried to sent some coins to it but I can't from Cryptsy-. And I have found only one very, very big, huge in fact, problem: If I have understood it correctly, this coin came out on an IPO in which people were offered to buy batches of 50 million coins each for 1 BTC. The total coins was -is- 1 billion. That means that only 20 people got one of those batches. And being the skeptical individual that I am, I have to imagine that at least a few of those batches belong or are controlled by the dev team.

Now -and again I would love clarification if I am wrong-, that poses a huge problem of what this coin is precisely supposed to be, the most decentralized of coins, for only 20 people -and I assume many of them would have cashed a lot of those millions already, but many more continue adding coins by forging massive amounts- really control not just the bulk but almost the totality of the coins. Yes they need to sell and they have and are and will forever, but that in itself is not a good thing at all. Plus how that situation can be turned into "a 51% attack will be impossible"? only 10 of those people could easily carry out one...

Thanks in advance for clarifying any of the above if I got it wrong.

Oh I see, he's "Black Hand" too then. No problem. The conspiracy reaches everywhere, of course...

Now, for tax purposes, obviously, that is a very nice way to channel some of the proceeds from the dumps.... beautiful.

Oh, it is in exchange for "services", of course...

So, fully knowing the Black Hand controls or has controlled, most of the top 20 wallets (almost 40 million coins), in spite of the fact that they have dumped tens of millions of them from 95 to 24k (and the dumping continues, by the way), that, by their own admission (morituri), they are not just organized but with contracts drawn and papers signed, you are not even remotely worried about a 51% attack that would take ALL of your coins?

No wonder they are feeling on top of the world...

Oh and miners returning to the scam-pool? Not going to happen.

But please do contribute to the scam-Black Shield... they still have millions to dump (tens of millions?) left.

Tic... tic... tic...

Oh, that image of the Max Borges guy obviously embarrassed posing with the numbnuts in the flower pants and obviously stoned is simply priceless. That in and of itself should propel the price to 50 any time now.

Of course you have to understand this guy has never been in public beyond the kitchen of his home and flying to Miami on community money and per diems, well for him is already having literally reached the moon so he'll be stoned, with better shit that he's used to, for quite a while now.

Wow, just wow.

The Don-ge



Still there?


This is the story of a young visual artist graduate from a know New York School. The son of poor Russian Immigrants doesn't have a quarter to his name and, at age 27, he cannot even buy a computer strong enough to handle his visualizations in 3-d Max, Boris FX, etc. even though he lends his talents to non- or very little paid semi-professional projects and even directs or co-directs an amateur short film. He's determined to get his computer and starts a crowdfunding campaign to get the $3,500 he needs to buy it. He offers, in exchange for donations, to laser-engrave aluminum logos in Mac laptops, but he is not as successful as he would have liked and the elusive computer cannot be bought with the $1,000 that his campaign collects.

Smart young man, he hooks up with people that have computers. And technical expertise. There are websites to build, logos to design... maybe they can do something there... then, they discover cryptoland. And the DOGE. They are able to create a little game called "The Doge of Wall Street". The other young man, will eventually be known as StGNU. They both describe themselves as "...just a couple of Joe Sixpacks with some spare Dogecoin and some time on weekends. We enjoy our privacy so we wont say anymore on that subject. If you're feeling generous and would like to buy us a coffee or beer, send your Dogecoins to the applicable address below."

Ah but our two Joe Sixpacks are about to hit it big. They have become miners in cryptoland and they happen on a new coin, Blackcoin in the end, that is just a fork of Peercoin with a couple more lines of code by another techie, Russian "rat4". And they still have a few coins to spare, pretty powerful mining equipment, and absolutely nothing to lose and millions to gain launching the new coin. The key to the riches, of course, lays in filling up their coffers before the sheep get access to their coin so, on any hint of success, no matter how modest, they will get out with quite a bit of real dough.

To avoid being too obvious, they decide to invent something that technically is "no instamine" and "no premine" but that in reality is a mixture of both for while they make the mining available to anyone, no one has even remotely the power that they have prepared to get the most out of the 7 days of mining in which the entire 75 million coins are going to be distributed. They don't need much: By the end of the 3rd day, way more than half of the coins have already been mined and StGNU and his associate -who we now know as Eugene (Yevgeniy) Rokhlin- have gotten the bulk of the lot. Tens of millions. Not a bad nest if the coin is to go anywhere... and go it does indeed. GNU has the knowledge and the business savvy to come up with the idea of creating a multipool that will mine the most profitable coins and will allow a steady output of BTC in the market that will contribute to propel the price higher, maybe. Cannot hurt. And, if successful, not only will they be able to unload the tens of millions of coins at succulent (millions of dollars) gains, but also establish a business on the side with the 2% of all mining collected by the pool. The fanboys of the coin will eat that and make a business, if the coin was successful, with the easiest of benefits.

But there's more: Money comes rolling in now and there's an organized group of "investors" that want a piece of the action if the three Russians "play ball". Boy do they want to play that kind of ball. The game is lifted to quite another level. They just have to keep selling the old bicycle to unsuspecting investors and fan-boys. The plan is so successful that the coin is taken, within days and through pumps and dumps, to 95,000 sat per unit. It's time to finally cash in. And they do. Massively. It's the opportunity of a lifetime so what the heck. They take millions of dollars out of the dump. More than 4 million in fact. And then...

Well, there are still millions to dump, but the Don-ge and his countrymen are already wealthy beyond whatever they could have ever expected to be so it is time to reconsider options. The pool can definitely be the nice business they thought it could be months ago. The sheep is relentless and eat up bullshit like no other, completely oblivious to what's happening. No rush to dump more, just steady and... maybe... what about ... but that's another chapter, though.

For this one, Rokhlin and GNU are working on yet another dreamed off business on the side:Building websites (remember?) So they create The Legend Group. Mind you, there are no such a business, this is just websites. No accountancy, no chamber of commerce  permits, no books, no.... TAXES???...
Huuumm... Hello Mr Rokhlin? This is the IRS calling? This is America, the old USA, remember? Nothing could stick on Capone, but income tax evasion did him in, so you better cover your back because they WILL be calling. And it may not be very nice when they read these snippets. And the charges of fraudulent manipulation and unethical business activities... Just a thought...

Oh the other chapter? well, it would be a bit of science and a bit of fiction, of course, for it has to do with the future, but has everyone thought, read about and learn what a 51% attack is? You all know the holdings in those top 20 wallets. You all know there's an organized "group of investors" (The Black Hand), contracts drawn and papers signed, operating in the background of the trading dealings of this coin under the direct supervision of the don-ge. Well, think a little bit ok? Look beyond your blinding greed and take a close peek at what the future may bring you.... way sooner than you think.

Of course all of this is probably mostly conjecture...

Now that V2 is up (brought to you by your friendly gangster group, The Black Hand), price is sure to "break that 30k barrier..."

Any day now...

lolololol

Censorship is counter productive.

Thank you for recognizing it. It offended my aesthetics a bit to even address such a despicable individual -almost as much as it is offending it addressing you-, but I gave it a delicate try.

Upon reflection, I recognize I should have have been considerably more explicit, but this being a public forum, I'm kind of forced to restrict the deserved rhetoric a bit.

As I am evidencing here...

What a lying prick you are... $2.00, really? where?

Not to mention that those cards have done more for BC that you would ever dream of.

But we all know, everyone that has the disgrace to ever meet you does, that you are a disgusting, fallacious, lying little -very little- prick, don't we?

Funny indeed. I won't say anything else about Cambodia because, who gives a fuck, really. But this is Cambodia: http://en.wikipedia.org/wiki/Cambodia

I didn't use any words against Josh that I did not use against you, Mickey. You are very ugly, both. Sorry, that is a fact. Other than that, who the fuck are you both and what the fuck have you done for BC or are you going to do at the Foundation. What credentials do you have?

A "National" newspaper in Cambodia has just about the same relevance and effect than a weekly market add in the Isle of Wight... except that the people in Wight travel to the continent with some frequency and have actually money to spend whereas the people in Cambodia are completely oblivious and pose no effect whatsoever to both BC and any other cryptocurrency.

Oh, if you could, other than being a lying bastard, you would have a lot of things to prove. But you can't because you simply are just another loser grabbing at the only possible boat -sinking, by the way- that will let you put your hands on.

Of all the things you deserve, the above are just a sample. You deserve way more of the kind.

Contrary to some opinions, I don't like to waste my time. This is a total scam. You are being robbed, have been from the get go by an organized mafia controlled by Eugene. You don't care? It's your money, not mine (care) any longer.

Elvis has left the building.

Tic... tic... tic..., remember?

I guess that is good news for blackcoin holders? At least you are not outrageously ugly like the other board members... or your photoshopping is better, one of the two.

Keep dodging the questions, good boy.

Like I said: You are ok with it? No problem at all. Those who won't play with marked cards against crooks are running for the exits in a hurry.

Elvis has left the building... you sure can tell already, can't you? But worry not, more is coming in a hurry.

tic... tic... tic...

Maarten: Who are you? What have you ever done for BC? What will you be doing, officially as a member of the Blackcoin Foundation at the Amsterdam conference?

I found it long ago: Eugene and his Black Hand control everything in this coin. They are dumping over 25 million coins and lying and manipulating the community, through the pool, to buy some more on the dips and sell against the buying of the pool. Very simple.

But most of you are more than ok with it, so more power to them.

Te saluto don Corleone.