I notice BCT is missing from the "contact us" list in that post. Why? We eventually get to forum posts as well, but it is not a priority for us. No change there then.....that's part of the reason this failed in the first place. BCT should be a priority for you, it's where everyone comes, like it or not. |
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I notice BCT is missing from the "contact us" list in that post. Why? |
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Hello all, I have a question if you can help me: According to the ANN page: The Dv8 team consists of experienced professionals in the POS environment. ..but I'm unable to find any info about who they are, neither here or on the webpage - can someone provide me with this info & make it available to everyone please? I like to know who I'm investing my time/effort/money with. Thanks.
OK, maybe someone can explain why the DV8coin & LABHcoin sites use the exact same description.
Word for word:  Or why every single shill account here posts in both their threads? |
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This: Hello all, I have a question if you can help me: According to the ANN page: The LABH team consists of experienced professionals in the POS environment. ..but I'm unable to find any info about who they are, neither here or on the webpage - can someone provide me with this info & make it available to everyone please? I like to know who I'm investing my time/effort/money with. Thanks.
OK, maybe someone can explain why the DV8coin & LABHcoin sites use the exact same description.
Word for word:Or why every single shill account here posts in both their threads? |
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Hello all, I have a question if you can help me: According to the ANN page: The LABH team consists of experienced professionals in the POS environment. ..but I'm unable to find any info about who they are, neither here or on the webpage - can someone provide me with this info & make it available to everyone please? I like to know who I'm investing my time/effort/money with. Thanks.
OK, maybe someone can explain why the DV8coin & LABHcoin sites use the exact same description.
Word for word:Or why every single shill account here posts in both their threads?Well made questions. But I think we never will know the people and the true purposes behind this coin. Reading the promo posts (it reminds me ads of washing machine detergent) and analyzing the behaviour of the market (fake volume, sales to oneself...) it's quite evident this is a scam coin, pump and dump scheme.... Thanks. I'm pretty sure these shill accounts don't/can't read posts anyway - it's like they're given a list of copy/paste statements to post in random order via different accounts.... |
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Hello all, I have a question if you can help me: According to the ANN page: The LABH team consists of experienced professionals in the POS environment. ..but I'm unable to find any info about who they are, neither here or on the webpage - can someone provide me with this info & make it available to everyone please? I like to know who I'm investing my time/effort/money with. Thanks.
OK, maybe someone can explain why the DV8coin & LABHcoin sites use the exact same description.
Word for word:Or why every single shill account here posts in both their threads? |
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Hello all, I have a question if you can help me: According to the ANN page: The Dv8 team consists of experienced professionals in the POS environment. ..but I'm unable to find any info about who they are, neither here or on the webpage - can someone provide me with this info & make it available to everyone please? I like to know who I'm investing my time/effort/money with. Thanks.
OK, maybe someone can explain why the DV8coin & LABHcoin sites use the exact same description.
Word for word:Or why every single shill account here posts in both their threads? |
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**snip the cr@p**
Listen to all the Bountyhive shills with their banners trying to defend themselves. You're promoting a scam. Simple. |
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Hello all, I have a question if you can help me: According to the ANN page: The LABH team is composed of experienced veterans in the crypto environment. ..but I'm unable to find any info about who they are, neither here or on the webpage - can someone provide me with this info & make it available to everyone please? I like to know who I'm investing my time/effort/money with. Thanks. |
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Hello all, I have a question if you can help me: According to the ANN page: The Dv8 team consists of experienced professionals in the POS environment. ..but I'm unable to find any info about who they are, neither here or on the webpage - can someone provide me with this info & make it available to everyone please? I like to know who I'm investing my time/effort/money with. Thanks. |
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Fake news. If not please share your sources / facts with us  Let me answer that that, here's where you admit it yourself - under pressure of course (in green): Hey guys, Hey, looking through the block explorer, I noticed something that doesn't sit right with me.
The initial instamined blocks were all worth 611 coins, a thousand times more valuable than the 0.611 block reward currently running. This was then reduced to 61.1 coins per block reward, and then presumably further by multiples of 0.1. This is not disclosed anywhere in the original post. In fact, none of the block structure is disclosed in the original post.
From downloading the wallet upon first seeing the original post, I know about 8000 blocks had been mined before public release. This wouldn't be so excessive if the block reward had been 0.611 coins the whole time-- basically this would have resulted in a premine of about 4888 SIL out of 611,000 total eventual supply, which is reasonable at 0.8%.
However, this is the actual mining reward structure:
Block 1-287: 611 coins per block NOT DISCLOSED IN OP
Block 288-2879: 61.1 coins per block NOT DISCLOSED IN OP
Block 2880: 0.611 coins per block, smoothly decaying
yes, that's a fact. As 611 (SixEleven) is a fork of the original Namecoin the initial mining block values were static numbers (like Namecoin). To avoid a heavy inflation situation as it occurs to Namecoin (and many other altcoins) the mining reward algorithm was adapted mulitple times during the early development phase. These development steps are public open source on Github: https://github.com/fflo/sixeleven/commits/master.611/src/main.cppThis means that 333,728.2 SIL, or a whopping 54.62% of the total eventual supply, was instamined by the 611 developer.
It appears this fact was deliberately hidden with the late release of a block explorer and the use of the low-information Abe block explorer.
Add to this the notion that the developer has been encouraging other miners to set a price for their mined SIL at approximately $60 USD means the developer is attempting to value his premine at upwards of $20,000,000 USD.
That's the current situation: The developer is not selling any coins for commercial purpose. There is no commercial intention on this project. It's up to you, the miners, the users, the brokers, etc. what you set up as a sales price for your mined ressources. This Namecoin fork is an open source project: The intention is to offer a base technical infrastructure allowing everyone to setup name (and id) objects which are accessible worldwide by any Internet connected device. Together we can design the coin to be like we want it; we can even folk it and start over with another name and mining algorithm. It's all transparent and open source. The developer for sure is not your rival supporting this project for non profit. PatrickMacH, if you don't take steps to disclose your premine fully and burn most or all the coins you did not disclose that you mined at a higher block reward, this initiative is no longer worth miners' support.
I'm looking forward to your response.
We know for sure from the block explorer that this coin suffers a heavy premine!  Here's what others think about your premined shitcoin:
This means that 333,728.2 SIL, or a whopping 54.62% of the total eventual supply, was instamined by the 611 developer.
Congratulations dev on having 54.62% of nothing. Fuck you. & Let me know if you have any ideas how we can and should adjust the current situation to have a even-handed situation for both parties: the miners and the users.
You should have made this known from the beginning in the OP. By not doing so, it gives the impression that you were trying to hide this fact. Over 50% is a crazy amount of premine - nobody will adopt this coin now, & I have stopped mining it. This was one of the rare coins that actually had promise, but by not being transparent from the beginning, you have killed your own coin. Disappointed  & Your coin is dead because your a greedy piece of shit. Keep backpeddaling fucktard.
& we need bittrex (costs 5BTC) or Poloniex (no idea) poloniex is very hard to reach i don't know what their requirements before adding new coin i think they must understand about this one and consider it Exchanges tend to stay away from coins with large premines due to the obvious dumping by devs - & seeing as this coins premine is not only massive but is also undecleared in the OP - it will always have trouble not only getting listed, but also attracting any serious traders. I thought this coin had some potential as an alternative to NMC when I first came across it, until I read this: Hey, looking through the block explorer, I noticed something that doesn't sit right with me.
The initial instamined blocks were all worth 611 coins, a thousand times more valuable than the 0.611 block reward currently running. This was then reduced to 61.1 coins per block reward, and then presumably further by multiples of 0.1. This is not disclosed anywhere in the original post. In fact, none of the block structure is disclosed in the original post.
From downloading the wallet upon first seeing the original post, I know about 8000 blocks had been mined before public release. This wouldn't be so excessive if the block reward had been 0.611 coins the whole time-- basically this would have resulted in a premine of about 4888 SIL out of 611,000 total eventual supply, which is reasonable at 0.8%.
However, this is the actual mining reward structure:
Block 1-287: 611 coins per block NOT DISCLOSED IN OP
Block 288-2879: 61.1 coins per block NOT DISCLOSED IN OP
Block 2880: 0.611 coins per block, smoothly decaying
This means that 333,728.2 SIL, or a whopping 54.62% of the total eventual supply, was instamined by the 611 developer.
It appears this fact was deliberately hidden with the late release of a block explorer and the use of the low-information Abe block explorer.
Add to this the notion that the developer has been encouraging other miners to set a price for their mined SIL at approximately $60 USD means the developer is attempting to value his premine at upwards of $20,000,000 USD.
PatrickMacH, if you don't take steps to disclose your premine fully and burn most or all the coins you did not disclose that you mined at a higher block reward, this initiative is no longer worth miners' support.
I'm looking forward to your response.
Exchanges read these coin threads & do some research on the coin to ensure it is worth their while listing it. Unfortunately, due to the premine & the attempts to hide it, this coin will always struggle to be adopted. Shame really, because the original idea is good. And here's where you lied about donating the premine to charity:
I for myself have decided to donate these step by step for charity.
A noble gesture - please post a list of the charities you will be donating the 50%+ premine to. All these quotes are from this very thread & can be verified. There's loads more of them too - but I think you get the point. |
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Good advice of course. However, scam threads are a very useful tool for warning any noob investors. With the availability scam threads, nobody can turn around & say "why didn't anyone tell me?". The fact that they refuse to answer the allegations/questions is an admission of guilt: Thank you very much for warning. There are too much ICOs that are actually scam right now. People should make research before investing in any coin, but unfortunately nobody does so. Everybody is just buying alts without any investigation.
**snip the cr@p** @Emercoin Official: Instead of explaining yourself you choose to spout more BS marketing drivel for your scams. Guilty as proven. I have a feeling you're Sergei Potapenko - am I right? |
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I don't know the exact reason why managers hide spreadsheets. but in my opinion it's clearly wrong. the manager should be transparent with the bounty participants because if the manager is not transparent, the bounty participants will not believe and that is not good.
Says the person sporting a Bountyhive banner - the scammers who have NEVER provided spreadsheets  Your hypocrisy is astounding. |
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This is the end of the project scam...
Corrected your typo  |
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Our offices are located in the United States, Spain, Germany, Ukraine and Russia.
Where exactly? Sorry, due to security rules we can't tell such information. You are required by law to provide your company office business addresses. If they exist of course. We are still working on creating a foundation for structuring the project legally wise. Doesn't matter. If you have business offices in the places you say you do, then you are required by law to provide those company office business addresses. We are not obliged to provide this information. BS I've added this latest BS to the Emercoin/Hashcoins scam thread here for the record: https://bitcointalk.org/index.php?topic=1970796.msg46655381#msg46655381Also, Emercoin are still proudly advertising Hashcoins on their ANN page, even though the entire Hashcoins thread was moved to the scam section many months ago: https://bitcointalk.org/index.php?topic=417623.880Why? - Because they are the same people. And here, in their other scam thread: https://bitcointalk.org/index.php?topic=1971023.msg46685310#msg46685310Besides, we have a lot of trustful partners You mean like Hashcoins? Polybius? Those trustful scammers? So, you can be sure, Emercoin is not a scam.
Prove it then. Answer the questions in your scam threads or here Sergei.... |
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Our offices are located in the United States, Spain, Germany, Ukraine and Russia.
Where exactly? Sorry, due to security rules we can't tell such information. You are required by law to provide your company office business addresses. If they exist of course. We are still working on creating a foundation for structuring the project legally wise. Doesn't matter. If you have business offices in the places you say you do, then you are required by law to provide those company office business addresses. We are not obliged to provide this information. BS I've added this latest BS to the Emercoin/Hashcoins scam thread here for the record: https://bitcointalk.org/index.php?topic=1970796.msg46655381#msg46655381Also, Emercoin are still proudly advertising Hashcoins on their ANN page, even though the entire Hashcoins thread was moved to the scam section many months ago: https://bitcointalk.org/index.php?topic=417623.880Why? - Because they are the same people. And here, in their other scam thread: https://bitcointalk.org/index.php?topic=1971023.msg46685310#msg46685310 |
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Also, from their other scam thread: Thank you very much for warning. There are too much ICOs that are actually scam right now. People should make research before investing in any coin, but unfortunately nobody does so. Everybody is just buying alts without any investigation.
**snip the cr@p** @Emercoin Official: Instead of explaining yourself you choose to spout more BS marketing drivel for your scams. Guilty as proven. I have a feeling you're Sergei Potapenko - am I right? |
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Thank you very much for warning. There are too much ICOs that are actually scam right now. People should make research before investing in any coin, but unfortunately nobody does so. Everybody is just buying alts without any investigation.
**snip the cr@p** @Emercoin Official: Instead of explaining yourself you choose to spout more BS marketing drivel for your scams. Guilty as proven. I have a feeling you're Sergei Potapenko - am I right? |
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