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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 07, 2014, 07:36:28 AM

This guy claims to be a successful businessman with an expertise in PR and a full-time job in the investment industry. He also claims to have a large family and a very busy social life. He also claims to work "15 hours a day" on Blackcoin related projects. Despite all this he spends hours upon hours every day getting into petty arguments with people online, making up complex conspiracy theories and accusing people of all sorts of things without any evidence. He's a scammer, a liar, a charlatan and a troll. Don't believe anything he says, he's proven himself to be mentally unstable and completely unreliable.

Still using the fake accounts eh?

Quote
full-time job in the investment industry
Show me just one post where I claimed I said I have a full-time job in the investment industry and I will donate 500BC to you right now. Just one...

Quote
He also claims to have a large family and a very busy social life.
I said I have a wife and two daughters, anyone who has a wife and children knows a very busy social life is "rare".
Once again I will donate 500BC if you show me one post where I said I have a very busy social life.

Quote
He also claims to work "15 hours a day" on Blackcoin related projects.
I have multiple monitors and unlike you I can walk and chew gum at the same time. I can work,  monitor the BS on the forum, all while watching CNBC.
But I guess chatting on IRC 14 hours a day is not as bad is periodically watching the forum.

Quote
Don't believe anything he says, he's proven himself to be mentally unstable and completely unreliable.
This coming from a person that is using multiple accounts and pretending to be something he is not.

Still really curious why you have yet to address the issue of you knowing who attacked the BlackCoin Pool and BlackCoin. Why not release that information in the interest of transparency.

I would absolutely love to know why you conspired to commit a felony, and I will be in contact very shortly about it with you directly. You can either tell me or your legal council, it doesn't matter to me at this point. But you openly admitted to at the very least know of who committed the felony (I have full records of everything from my ISP, as well as relevant logs, and forum documentation, with time stamps all neatly organized, as well as a direct list of financial damages it cost, which make it enough to qualify as a felony.)
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 06:41:09 PM
Hey Iconic, since you personally know who attacked the pool why not disclose it? Where's the transparency??

You know personally some one who commited a crime against the pool and the coin... why not reveal the names of those people? Especially if they are enemies of BlackCoin? Why are you protecting the people who directly want to harm this pool and BlackCoin and conspire with them??

HEY ICONICEXPERT HOW ABOUT SOME TRANSPARENCY HERE!!!
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 06:32:11 PM

25% of the profits from selling the Blackcoin Cards will go to blackcoin foundation + 25% to CoinAlliance





http://blackcointalk.com/index.php/topic,2252.0.html


Metal case?  Hell yes!

Metal alloy but yeah feels like aluminium and is pretty solid.

Sent you a pm.


Prepare for a REINTRODUCTION of the Blackcoin Card. I can only assume that IE's disparity will cause his plans to unravel. And the foundation/devteam/wtf ever they are called, will reconvene and partner to still offer the cards from a new maker.

YOU HEARD IT HERE FIRST

I wished .....
Also, guess who was the first in crypto to offer cryptocurrency storage cards? Yup... https://bitcointalk.org/index.php?topic=179727.0

I'll take one-- any chance you can personalize them with a laser engraving? I'd pay extra!!!
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 06:30:12 PM
Once again thank you for your honesty. The larger investors is the names I listed.  When I get the the okay from the person who provided me with the info and screenshots I will make it public since they will be instantly exposed. Also, it is up to the 6M group to come forward if they choose to reveal themselves. There are many people who can verify they contact me in PM and I never throw anyone under the bus. In this case too many people are getting burned and I had enough.

So you get to accuse me as a conspirator with absolutely NO EVIDENCE and expect to continue as normal?

Your behaviour is disgraceful - if not criminal.

He didn't get off scott free. He destroyed himself. IE time to get a new account, ya ?

I'm sure he's already got a few Wink
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 05:55:43 PM

I will say again...what kind of innocent person tries to distract people from the truth.


46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 05:36:01 PM
So.... who would be interested in Blackcoin USB Storage cards. I have a proven track record selling these (Bitcoins ones that is)

Here is what the Bitcoin ones look like:



Let me know via pm or on the development thread here:  

http://blackcointalk.com/index.php?topic=2252.msg2939#msg2939
http://www.reddit.com/r/blackcoin/comments/24vnr5/blackcoin_usb_storage_cards_proven_track_record/

Whoa is that aluminum???

Yup


Not for nothing, but that's pretty baller!
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 05:32:20 PM
So.... who would be interested in Blackcoin USB Storage cards. I have a proven track record selling these (Bitcoins ones that is)

Here is what the Bitcoin ones look like:



Let me know via pm or on the development thread here:  

http://blackcointalk.com/index.php?topic=2252.msg2939#msg2939
http://www.reddit.com/r/blackcoin/comments/24vnr5/blackcoin_usb_storage_cards_proven_track_record/

Whoa is that aluminum???
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 03:31:32 PM
I was going to buy into DRK today but bought black instead Wink

Welcome to BLK Smiley

Maarx your "friend" tried to throw you under the bus. You have an opportunity here to stop people from getting ripped off, and help get BC on track. I know you were not directly involved, but I also know you know the truth. You have personally seen me refuse to lie for this group... Do not let them get away with deceiving this community.

THE COMMUNITY HAS THE RIGHT TO KNOW THE TRUTH.

NOW THIS IS WHY THEY WANT EVERYTHING BEHIND THE SCENES!

GET THE FUCK OUT NOW! YOU HAVE NO FUTURE IN THIS COMMUNITY!


Cool story bro.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 03:02:34 PM
WTF is goin on?HuhHuh? wasnt here since yesterday??  Shocked

can someone explain to me?

Basically IconicExpert is on a power hungry trip and now he's being desperate and doing anything to sling mud at the people that the community respects. He's trying to create a rift in the community but it's back firing on him. So sad...

And the worst part is these kinds of people really do feed themselves with the rage directed at them when they can't get the approval they so desperately seek. So contrary to what many might believe, he is actually most probably enjoying this.

He requires the attention. Some sort of histrionic personality disorder, really. Nothing more: "Associated features include egocentrism, self-indulgence, continuous longing for appreciation, and persistent manipulative behavior to achieve their own needs."

If I am lying...why does the group need fake accounts like yours to try and discredit me. People can view your post history...

Why does your group need to send death threats to Gritt?
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 02:54:20 PM
For any doubts

http://imgur.com/a/MCjHZ

All coins are acquired on Cryptsy and Mintpal (were gonna have to start using Poloniex because of BDG coin.)

Every single block we find is openly documented on stats.blackcoinpool.com
As you can see all withdrawals are clearly shown and have only ever gone to one address (our payout address, which is public on the block chain, feel free to dive through it.)

Both the Mintpal account and the Cryptsy account don't even have a BC deposit address generated because no BC has ever been put in to them, only ever taken out.

At this point, IE, you are just a spiteful bitter greedy man, slowly losing it in the public eye. GG.

Edit: For any one not completely clear what this means, it means the pool has 0 ability to drive the price in any direction but up.
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 02:09:35 PM
The Group Behind The Daily Dumping
veritasBS, colinfx, TheBlackDogeOfWallStreet, morituri13,  Soepkip, Gritt, and vizique

What I am about to write will without a doubt cause a rift within our community , but I feel this is something I must do to protect the investment of innocent people who believe in BlackCoin. I ask everyone whether you support me or not, to  carefully read and analyze my words without prejudice.

When I first started to participate in this community I was enthusiastic to be part of a community that is inspiring and full with enthusiasm. If you look at my earlier posts from March and early April and compare them to my most recent posts you can clearly see a stark difference. Some people have been wondering if my "ego" has gotten out of control, or if something else is at play.

For a few weeks I have known about a coordinated effort to suppress the price of BC. I have hinted numerous times about this suppression, but I did not make it officially public because of the ramifications it would have on this community. I thought with the help of others I could stop or at the very least greatly diminish this suppression without letting the general public know, unfortunately we were unsuccessful.

veritasBS, colinfx, TheBlackDogeOfWallStreet, morituri13,  Soepkip, Gritt, and vizique and a few others are all responsible for manipulating the price of BlackCoin for several weeks.

Their  group owns roughly 10% of the total supply of BlackCoins. Apparently this is not enough for them and they want more. They decided since they cannot mine BC anymore they would use their supply of coins to keep the price down and buy coins from people cashing out. With the volume we previously had and other factors, this would have been a very slow process. So they came up with the idea of the multi-pool. They would trick everyone into thinking the multi-pool would help stabilize the price of BC, but instead they were using the multi-pool to obtain significant amounts of BC while using their supply to keep the price down. They were able to "dump" their coins, and use the multi-pool to buy more without a loss. Why do you think so much focus is on the multi-pool? The multi-pool is the key to their plan working, and the plan worked flawlessly until I came into the picture.

I had no clue at the time any of this was occurring when I started promoting BC. If you look at my early posts before anyone really "knew" me, there were early attempts to stop me from promoting BC, why? Why would anyone want to stop  me from promoting BC? Because any extra buy pressure would interfere with what they are currently doing.

I quickly became a thorn in their side because any extra attention I brought to BC interfered with their sell walls and that was a problem for them. So at every step they have been there to stop me from promoting BC. I started getting suspicious after the second press release but I assumed it was just "jealousy". I didn't become aware of this plan until after I announced the BlackCoin card. I was contacted by someone in their inner circle who was "pissed" about some issue they had, so he "snitched". He gave me just enough information to start putting everything together. My attitude changed from that day because I realized we could have been trading well above the price at the time if it wasn't for them.

So I went on the offensive and started making announcements everyday to keep the buy pressure up. I formed my own group and combined we have over 6 million BC. I had to make sure there was a counter "force" to what they were doing. Our attempts to suck up their BC with minor pumps failed multiple times. So I backed the public pump which I felt would finally stop them. However, I did not anticipate the outrage from the community and I back away because I knew one day I might have to make this announcement and my credibility would need to remain intact.

Around that time I was contacted again by another smaller group that also figured out what was occurring. Their plan was to attack the multi-pool and slow them down. I did not condone this tactic because of the legal ramifications, so I declined to take part in it. However, I did use that opportunity to push news to attempt to break their walls, unfortunately I failed.

I finally realized the only way I could stop them if I organized an event so huge even their sell walls would not be able to hold up. At this time I already knew Seopkip was loosely involved but I had to give the impression I was not aware of anything, so I presented the idea to him knowing they would find some way to put it on hold. At first their was talks of funding it so I would not go to the community, but I knew that was BS. Their plan was to keep me waiting while they came up with a plan to take away from the Wall Street event. I knew my time was running out so I announced the Wall Street event before they could kill it.

What did they do? They sent Gritt to post that comment on the article to take away some steam. Then they started to slowly organize a campaign against me to finally kill my efforts. When the CoinDesk article went live on Friday they decided to announce the PR firm campaign. That night it wasn't the CoinDesk article that made the price go up, it was them. I knew they were letting the price go up to make it seem their PR firm announcement was causing "excitement". So I took credit for the price increase to take away some of the "effectiveness" of their plan. That really pissed them off because they wanted to convince the community the PR idea was having a positive effect.

The PR firm is complete bullsh!t. They created the PR firm stunt to take donations away from Wall Street. They knew the community would want to support both ideas and the funds will be split. They also knew I would ask questions, and that would be their signal to attack me. They made it seem I was "jealous" and wanted "attention". Their plan is to slow the news down, and they will tell everyone the PR firm is working on ideas and it will take time to see results. This is just a stall tactic while they continue to accumulate cheap BC.

They noticed I was still getting donations so Colinfx came up with his "match your donation" campaign to take away any remaining attention from Wall Street. Haven't you noticed how much they have posting and spamming lately? Notice how they want everyone to go to Reddit and BlackCoinTalk? If you look before Friday they rarely posted in this forum. It is their way to hijack the "message".

Now please ask yourself these questions:

Why didn't they support the Wall Street event and try to kill it?
Why didn't they spam the CoinDesk article and get the news out?
Why haven't they sent out any press releases since the last release the community sent?
Why has their focus always been on the multi-pool?
Why did they announce their PR firm project around the same time as the CoinDesk news?
Why is Colinfx so willing  to match donations? 
Why didn't they make a big deal out of being added to Vault Of Statoshi?
Just look at all their promotional efforts, it revolves around the multi-pool.

Now you can believe me or you can think this is some lame attempt at a coup to take over, but please start asking yourself who has been dumping steadily all these weeks and why?

I  felt this was my last option because after today they would be unstoppable. I was faced with a hard decision to make. If I did not say anything people will continue to be ripped off. If I do say something my revelation might cause investors to lose faith in the coin. So I did not make this decision without giving it a lot of thought and time.

This is not a signal to start dumping coins! Do not start dumping your coins!
rat4 and maarx are not directly involved in this plot. rat4 is only interested in making BC awesome, and maarx didn't fully understand what was going on behind the scenes.

Now that everyone knows what is going on behind the scenes we can be proactive at putting an end to this fraud, there is no reason to dump. We know exactly who is behind the sell pressure and there are ways to stop it. I have a group of members who are active in this community and they are ready to hit the ground running. I promise everyone that if you follow the plan I am about to layout we will finally skyrocketing by the end of Summer.

1. rat4 denounces the group and pledges to support the community in whatever decision is made.
2. Soepkip and Gritt resigns from the official dev team.
3. Members of this community stop mining on the multi-pool immediately.
4. veritasBS, colinfx, TheBlackDogeOfWallStreet, morituri13,  Soepkip, Gritt, and vizique all agree to not dump further until 60 days from now. They provide us with their public addresses so we can monitor them.
5. The group refunds all the donations received for the PR firm bullsh!t
6. The community picks someone to be the spokesperson for the dev team. (It cannot be me because I hold too much BC). It has to be someone that does not have a substantial amount of BC, but have the experience to help rat4.

Let me make it clear there is no need to dump. There is demand for the coin and the fact they have been applying sell pressure proves it. If we put a stop to them we will be back on track to being the #1 coin. Throughout the day people will come forward to offer their services and help, we can build a stronger team. The fact I did not dump my coins should give you comfort that I still believe in BC. All we have to do is get rid of the rotten few that have been suppressing our growth and we will succeed.




Wow you're getting desperate -- also really funny that you participated in the DDoS attacks on the pool, or at the very least knew the pool was going to get attacked and didn't even give any one a heads up (wow you really care about the community.)

Every block we find is public knowledge on stats.blackcoinpool.com -- I Collect 2% fee - you can easily deduce yourself the income for the pool. I would not be able to even put the slightest dent in to the BC price with my "dumping."

Too funny.

Edit: Also forwarding this to my lawyer, as you had direct knowledge and at the very least conspired to keep the attack secret.
Double Edit: Also forwarding the death threat to Gritt, as I'm sure you had your hand in that as well.
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 10:54:03 AM
Dear BlackCoin Community,

I'm blown away by the potential of the upcoming 90 day PR campaign. Our lovely coin will be catapulted onto the world stage and I firmly believe this will be immensely beneficial to BC. So over the weekend I thought, "what can I do to help BlackCoin?" in addition to my donations to all projects already?

Well. I've decided to put all my efforts into assisting with the PR campaign by making FURTHER donations to the cause equal to those raised by the community up to a value of $5,000.

I promise to match EVERY donation from now onwards for 24 hours up to a total of $5,000. You can pay in any of the official denominations. For accounting purposes I need you to list your donation transaction ID on reddit, I will then match it 100%. I will be promoting my fund raiser on Reddit, Twitter and BitCoinTalk.

Official donation addresses:

BC: BTfqh99d8DcKWrd4hFYLR7D2bAYDdAKV3Q    
BTC: 1MAGvdGMCAaJysMBgA5uFRBUFQ25AkUWQV    
LTC: LSGPviYMYmgF2RiXVuXG1U4iVz3drk3JvR  
Doge: DNkmhknWWx6ogrHaTy9X2SLft9ouwhCNs1
Paypal: http://www.blackcoin.co/donate/

Tell me about your donation HERE on Reddit, and I will match it:

http://www.reddit.com/r/blackcoin/comments/24si9s/i_will_match_your_pr_donations_to_5000_for_24/

So, please help me reach my target, together we can add $10,000 to the fund raised. If you have already donated (like me) then consider donating AGAIN as I'm going double it for you! Let's get BlackCoin to $1 sooner rather than later!!

Let's get this PR campaign underway and prove what an AWESOME COMMUNITY we are!

You can find more about the PR campaign here: http://www.blackcoin.co/general/the-next-step-for-blackcoin-hiring-an-pr-agency/

Thank you for donations so far guys!

Digicidal 500 BC donation MATCHED!
svojoe 1.1 BTC donation MATCHED!
UdjinM6 1,000 BC donation MATCHED!
noerc 1,000 BC donation MATCHED!
SunnyIgor 1,000 BC donation MATCHED!
ener_bc 1,000 BC donation MATCHED!!
JamesR1 200 BC donation MATCHED!!
@kumkeejjl $10 donation / 85 BC MATCHED!!

Come on guys - BlackCoin needs YOU!

Let's take BlackCoin to the TOP! First coin with Professional Marketing - 90 day campaign!



I have to say Sir, that you are one outstanding individual that is head and shoulders above so many of us here. You have selflessly supported Blackcoin from the outset, have maintained face throughout all the flak and fire and with grace and dignity are still here encouraging the community to get up and get involved. Add to that the fact that you are putting your REAL $$$ where your mouth is and there can then be no doubt Sir that you are indeed a man of substance, generosity and true heart.  You exhibit qualities on this forum that many could do with trying to emulate.

I take my hat off to you and Thank You on behalf of all the people that probably wont get to see what a massive positive impact you are having on their world and investment.e to say Sir, you are an outstanding selfless individual


I wholeheartedly agree, this is what generosity and belief really looks like.
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 06, 2014, 04:07:02 AM
Для rat4:
Можете ли вы ответить, если вы по-прежнему вовлечены в монеты?

I speak some Russian, so I'll answer.

Yes rat4 is still involved in the coin, in fact he just added a new way for staking to happen, and he's making changes all the time that you can check out on the BC test net.
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 05, 2014, 04:57:24 PM
brammien, we only control our own funds. We cannot possibly exert control over millions of dollars. It is a decentralized currency. we are an investment group. We control our funds which we are currently using to help everyone as much as possible. You have caused us to rethink the use of the term foundation because it is clearly causing a lot of issues. We are an investment group. That is all. I think some people have been led astray as to what we can and cannot do.

Okay, so if you are an investment group, then will the investment group be tweeting, facebook, social media under the official blackcoin, or under another name? If your just an investment group, then that's fine, but should not be overlapping of the official pages, with investment groups pages. Like we as investment group support or don't support something is okay, but we as blackcoin foundation don't is then shown as official.

I'm okay personally with investment group, but not under official title representing the coin. If this group does well and helps coin, great. If not, then it's only investment group and not under tile of anything else. I just believe there should not be conflicting interest. I'd hope Soekip is NOT part of this group, since he's now representing the coin as figurehead. That would be huge conflict of interest.

Hum...why is an investment group seeking donations from the community?

You're an investor. Why are you seeking donations from the community?

An investment group is a group of investors. It's what you are, only in plural.

I imagine in this case, the investment group came up with an idea that required funding. They figured they could bear half of the cost themselves and then went to the community to seek donations from those who agree that the idea is worth investing in.

I thought you said you would start fresh this week and stop with the attacks?

That wasn't an attack at all, and if it appeared that way I sincerely apologize.

As for me... yes I am an investor but I am not asking the community to invest in something similar to a "hedge fund". I am asking the community to donate to projects that are community based. I have no problems letting someone else from my area help with any project I am a part of.

Iconic I don't understand why you personally have to try to misdirect and twist every single thing some one says. You know it's not a hedge fund, it's a group of people seeking to promote the coin. This should make you happy, but the fact that you are stomping your feet and making a fuss is clear you have only self interests in mind. We had never once ever said anything bad about your campaigns, or your goblack website. But you are just on here full of venom spite, and a disturbing obsession with convoluting the message and taking control of it. People who act like that in my eyes do not act in the interest of the coin, and it should raise warning flags for any body who is so obsessed with destroying the efforts of others, completely unprovoked.

Please read my previous post. I can understand your frustration, and if my use of "Hedge Fund" in some way offended you I am sorry. That was not my intention at all. I used "Hedge Fund" because a group of people pool their money together for an investment or investments. In this case it is to promote BlackCoin. So in essence it is similar to a hedge fund because part of promoting BC increase the value of everyone's portfolio, including mine.

It's also implied that they actually hold on to their investments and expect a direct return. If the foundation was buying and holding BC and expecting a profit, calling it a hedge fund would be completely accurate. However these people are donating their money, and are not expecting a direct return, other than wider adoption of the coin.

Basically the foundation has 2 main tasks, protect the Blockchain and make sure that EVERYONES BlackCoin's remain safe from attacks-- this is the foremost concern of the foundation. The secondary task is promoting the worldwide adoption of BlackCoin, through relationships, partnerships, merchant adoption/courting/information and media promotions.

Foundation membership will be opened up to any one interested in joining, once we have the infrastructure in place to handle that. This infrastructure does not happen over night, and we have already started work on it. Most if not all transparency concerns will be addressed on the official website, as well as discuss our mission statement and talk about who we are (as members) and what we do.
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 05, 2014, 04:44:04 PM
brammien, we only control our own funds. We cannot possibly exert control over millions of dollars. It is a decentralized currency. we are an investment group. We control our funds which we are currently using to help everyone as much as possible. You have caused us to rethink the use of the term foundation because it is clearly causing a lot of issues. We are an investment group. That is all. I think some people have been led astray as to what we can and cannot do.

Okay, so if you are an investment group, then will the investment group be tweeting, facebook, social media under the official blackcoin, or under another name? If your just an investment group, then that's fine, but should not be overlapping of the official pages, with investment groups pages. Like we as investment group support or don't support something is okay, but we as blackcoin foundation don't is then shown as official.

I'm okay personally with investment group, but not under official title representing the coin. If this group does well and helps coin, great. If not, then it's only investment group and not under tile of anything else. I just believe there should not be conflicting interest. I'd hope Soekip is NOT part of this group, since he's now representing the coin as figurehead. That would be huge conflict of interest.

Hum...why is an investment group seeking donations from the community?

You're an investor. Why are you seeking donations from the community?

An investment group is a group of investors. It's what you are, only in plural.

I imagine in this case, the investment group came up with an idea that required funding. They figured they could bear half of the cost themselves and then went to the community to seek donations from those who agree that the idea is worth investing in.

I thought you said you would start fresh this week and stop with the attacks?

That wasn't an attack at all, and if it appeared that way I sincerely apologize.

As for me... yes I am an investor but I am not asking the community to invest in something similar to a "hedge fund". I am asking the community to donate to projects that are community based. I have no problems letting someone else from my area help with any project I am a part of.

Iconic I don't understand why you personally have to try to misdirect and twist every single thing some one says. You know it's not a hedge fund, it's a group of people seeking to promote the coin. This should make you happy, but the fact that you are stomping your feet and making a fuss is clear you have only self interests in mind. We had never once ever said anything bad about your campaigns, or your goblack website. But you are just on here full of venom spite, and a disturbing obsession with convoluting the message and taking control of it. People who act like that in my eyes do not act in the interest of the coin, and it should raise warning flags for any body who is so obsessed with destroying the efforts of others, completely unprovoked.
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 05, 2014, 04:38:28 PM

This Bitcoin Foundation is a Non Profit, so it is different than what everyone else is proposing. It has already been established that the BlackCoin Foundation is more like an Investment Group which is for profit. Anytime a "Foundation" is for profit, then it's effectiveness is diminished greatly.

So, waiting to hear from Soekip on here, is he involved in this investment group? Is he not? If so, who does official tweets for Blackcoin now, and other social media? Hopefully not investment group. If Soekip is involved, i would hope community would expect him to step down immediately from either group or representation of the coin.

Lets get some transparency here, who is right now running the official BC social media, and if so, are they involved with investment group?

It always amuses me when I see blatant attacks against the users which built the platform that you are now using to attack them on.
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 05, 2014, 02:11:03 PM

The conflict of interest is that, you (and the others) being board members of the proposed "Foundation" and therefore privy to inside information of all kinds, would of course have a serious conflict of interest since you are invested in the coin and could (would) act on that information to either buy or sell the coins with an unfair advantage. I am pretty sure you are aware of the laws that prevent such things to happen -or are designed to- in the real world, so surely you also see that inevitable conflict of interests, don't you?

Thanks in advance for addressing the matter.

It's possible. I can't discredit the notion. But the foundation itself started as a group of investors who pledged to each other that they would hold and build a better coin. It's sort of like going to reddit.com/r/bitcoin and calling it inside information. It's really just a bunch of excited people trying to promote an idea.. The only inside information we have is that we are trying really hard to make our holdings worth more.

That's about the only way I could address that. I mean if you think it out there aren't that many examples of things we could take advantage of. Unless we were actively trying to pump and dump the coin and manipulate prices, but if this was another pump and dump group we certainly wouldn't be paying for a PR firm, or addressing community concerns... I can't convince you to trust us, only our actions can..

I hope this helps.

I though we were trying to be clear and honest. And nice. No, sorry the analogy is very poor. I have gone some lengths to explain to you what an insider is and what are the legal limitations imposed on them. I will further point out the really stern discipline measures the SEC -and even the FBI- dispenses to those who violate those laws. This is a coin worth $0.13 but, in the future we all hope it will be worth much more. But even right now, you already are in possession of privileged information that only that group knows about- i.e. the name of the PR Company-, that could mean an important push of the coin's price when made public, so why wouldn't you, your friends and families, as well as those of the rest of your group, buy cheap and dump what you bought, at or near the top of the range once the news hit the street? There are no laws in crypto that would punish such actions so, why wouldn't you and or your co-foundation buddies do it? Today, for instance, I have read Arigard brag about his trading on IRC, so I imagine he is quite the active trader and maybe in sizable amounts. He is also in this foundation of yours, isn't he?

It isn't a matter of trust, unfortunately. Not even a matter of trust... but verify. It is, in fact, a matter of there not being a need at all for a controlling foundation and one being rammed down every investor's throat, which is quite a different matter. Nobody, but those 15-20, will benefit from the existence of the foundation (if you guys want some actions, you could just the same present them and even sponsor them is you feel strongly enough about them... including the notion of the PR firm hiring). So, once again, why a foundation for a coin that is doing very well indeed without one and that is only 2 months old.

Lets forget about being disingenuous, shall we? This is clearly a political land grab to ensure the control and centralization of BlackCoin. Nothing else.

And very well could prove to be it's undoing.

Transparency, The Foundation, Business, and Life in general.

The thread definitely seems to be shifting out the abusive smackdown phase and into the phase of the long-and-thoughtful post. All give praise, to the evolving collective consciousness that is Blackcoin. More humor, a lighter and more respectful tone, diminished 'ego', more focus on substance. I truly hope this thread is never shut down as it is an incredibly rich document of the new and largely uncharted social and monetary experiment called crypto.

As succinctly as I can, here are a few thoughts to consider on the questions of transparency, Foundation, insider ops, and running Blackcoin in a healthy, fair, and effective manner:

Absolute transparency on all fronts and at all times: not realistic, nor even possible. Furthermore, beyond certain limits it is not desirable. Closed-doors are to some extent a 'necessary evil'. They are inevitable, and with all their obvious dangers can nonetheless benefit the currency and its investors AS A GROUP. The negative aspects and risks can also be mitigated considerably through proper management and oversight. How well that goes will, yes, depend somewhat on the ethical standards of certain individuals, as well as on the general level of cooperation and orderliness within community as a whole. You need to consider end results, as compared with those of an 'absolute' democracy, with 'absolute' transparency (scare quotes here because these are only possible hypothetically).

Anyone with experience in the corporate world knows that there are things that stay protected within upper management, at least for a time, and for good reason. Planned innovations and other initiatives can be destroyed, lose all their power, be stolen, copied, even turned against one if released prematurely in the name of transparency. YES, the same closed door does create possibilities of abuse. It happens when individuals involved are of low character and sufficient mechanisms are not in place to stop them.

And please, let's not hear the childish refrain that "this is not corporate, this is not a business, this is decentralized!" Some of the same people who objected to my corporate analogies in the past are now making free use of them. Crypto is different from business in the traditional sense, but it also has a great deal in common with it, and every effective plan that been executed for the benefit of Blackcoin to date has been successful due to the business acumen and business-efficacy of the person/people responsible. The analogy largely holds, and we are too early in crypto's evolution to fully grasp where the analogy breaks down and fundamentally different thinking is required. This is largely uncharted territory, and we are the vanguard. We are the first settlers.

Coming back to the Foundation specifically, I strongly approve of its existence and its demonstrated level of conduct and efficacy thus far. I applaud its stated purpose, and its promise as an instrument for good. It's still evolving, and I recommend giving it a chance to do so. That said, if it does not have one already, it should have a charter and by-laws. That should be in written form and available to everyone. And it should be drafted in full view of the community, with all its inputs taken into account. The possibility of an elected oversight committee could also be considered. But these things all take time. Let's allow for that, and in the meantime not hobble ourselves from present action by demanding perfection by 6pm tonight.

Hey man, I really enjoyed reading this, and I thank you for your words.

We are designing a website right now that will answer a lot of those questions, as well as provide information and will be a central point for the community to be able to vote and share their input on various projects. It will also have foundation member bio's as well as our mission statement. We will work with the community to create a set of bylaws as well as instill a set of ethics that every board member will be expected to follow.
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 05, 2014, 07:28:30 AM
New community milestone : CryptoAlts has hit its 100,000th BC paid out tonight!  Grin

 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

Congrats blade87, and cryptoalts miners!!!

Good news indeed!
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 04, 2014, 06:40:13 PM
Some bullet points of significance:

-- The Doge: In the Blackcast, effectively, you said you rolled your joint but someone not paying attention to the preliminaries would have easily missed that and take that your were smoking grass as a statement... as, in fact, by your own recognition, you were making that statement only about tobacco. Sir, you came off, by far, the most eloquent of the group. By far. But your tobacco/grass statement was made and perceived by the audience and, sir, when you are representing BlackCoin, those "statements" are simply damaging for the image of Blackcoin. Besides, the three of you smoking seemed like a clumsy and blatant "product placement" of the tobacco/grass industry. You are obviously free to smoke whatever you want but you should think a few times what you do when you publicly represent BlackCoin. And someone should have advised you three that simultaneously smoking constantly during the blackcast was simply not acceptable. Naturally this critique would have more than probably be banned in your other forums: Contrary to pretensions otherwise, those other forums ONLY look for compliance, censorship and avoiding deserved -and beneficial- criticisms. You guys are NOT doing BlackCoin any good hiding in plain sight. You will have your followers, of course, but don't be fooled, the people investing in BlackCoin will go there where the TRUTH, in all it's sides and implications, is freely spoken, not to the "domesticated" sites you control.

-- morituri13 Who are you, sir? How much (in specific numbers and the wallet number for corroboration) have you invested currently in BC and what are your credentials to not only be a member of the "Foundation" but one outspoken one at it? "Small business owner" (thank you for at least giving that bit out), as in having an eBay seller account, hardly qualifies. But why don't you dissipate all doubts and tell us all who you are and how invested in BC you are.

-- Transparency. We all want it. Doge, we learned in the blackcast that when called you had "the team" ready. Who are them? What entitles them to be part of the proposed -or formed- "Foundation. As fellow investors, we NEED to know who this people are, what their level of investment is and why they volunteer to guide BC's destiny going forward, otherwise the entire group will be perceived as your sock puppets and we don't want to have that perception, do we?

-- Multipool. DOGE, I am still extremely confused about who is behind the multipool and running things there: Soepkip stated that the multipool "is not connected with the dev team" and that "it is important but not vital to BC". If you are "the man" behind that business (and that is exactly what it is, a profitable business, aside and benefiting from BC), can you please clarify? Who runs things at the Multipool, on the controlling side and on the tech side? and is it or isn't it a part of the BC project or a separate business profiting from it, meaning YOU, profiting from it? Look, you have invested time, money and a lot of effort in bringing this coin out and are responsible for it's success so far. If you are really invested in it, you have profited already enormously, to the tune of many thousand % of whatever was your initial investment. And that big stash of BC will make you even richer, very much richer indeed, if BC reaches a substantially higher valuation. THAT, sir, should be your motivation. If the multipool is a business on the side, then it should compete in offers with other pools ready to take on the BC business and RESPONSIBLE for whatever shortcomings -and DDOS attacks- they may have. If one multipool fails, for whatever reason, there have to be immediate back ups in numbers to insure practically flawless, continuous operation. If the multipool is in fact a "side business" or yours. If it is a business of BlackCoin, meaning all proceeds from it go to BlackCoin development, we need to have that aspect clear as clear water.

On the multipool point: Who makes the decisions as to what coins are mined? and why, which are his qualifications for that, what the strategy? Are the mining proceeds converted to BlackCoin immediately, regardless of the trading rate or, as I have read, those proceeds are first converted to BTC, held, and then converted to BC on "dips". Finally, officials at Cryptsy have stated that the delays reported and blamed on them yesterday, regarding payouts to miners, were in fact Multipool's fault for not having established 2FA, which is required from everyone. What was it?

-- Iconic's attacks. Although there's some poetic justice in the developments of the last 48 hours on that field (he's the one prone to promote bannings of dissenting people... dissenting with some or all or his opinions/methods), the juvenile peculiarity of the attacks, the viciousness in some cases and the totally inappropriate way of going about it by a seemingly coordinated gang, totally discredits those -including the devs- who have willingly and repeatedly participated, instead of the chosen target. Once again, I find the guy generally regrettable, an out of control dangerous egomaniac without capability of accepting criticism and in on this to make a buck by any means he find necessary, both on the coin valuation and on side business such as his card. But the attacks on him personally are, clearly, politically motivated. I don't personally know how much has he invested in BC but I am fairly sure he won't have any problem showing his wallet for everyone to see. If for no other reason that to keep him in check and benefit from some of his ideas, the proposed "Foundation" should have offered him a seat in their board. But it seems that the Foundation, with or without quotes, is more or less a fan club (of the DOGE) grabbing territory before "that crazy guy" gets the bulk of the community on his side and actually running things". Hastily doing so, can easily prove to be counter intuitive and obviously shows weakness. Repercussions, potentially serious ones, are sure to follow.



The "team" is me and St.Gnu + 3 developers that I pay out of pocket to work full time for us. They are not in the foundation, they are employees of LDG, they are my employees that get paid from my pocket, and I don't feel I have to justify to you are anyone why I hired them.

I run the pool along with St.Gnu, we are 100% equal partners, and an algorithm decides which coins to mine, the reason the acct didn't have 2fa is cause it was a brand new account, and required more than one person to access it for a day or two while we set up our automated liquidation system. Since 2FA makes it impossible to share an account, we had to forego it (although it's active now.) Another problem we ran in to, was cryptsy locks new accounts that have influx of a large volume of coins (we did not know this, and our account is fully vetted to the maximum degree now.)

I don't know how you are calculating profit, but everyone can see our hash rate, what coins we mine as well as how many blocks of that coin we get, and then do a calculation on how much we earn. Trust me when I say it's not a lot (go on do your own math and figure out what 2% from our daily haul.) It's not nearly enough to sustain the development that I am currently managing. Yes the pool fees are great for covering things like the server costs, cloud flare (200 dollars a month alone) as well as any little ol' problems that pop up and require some money (and they always do.) How ever these fees do not come even close to covering 3 peoples salaries week to week.

Me and gnu have given up and foregone profit, I am working the pool full time and so is he. We pass all of our profit along to the other programmers, including whatever's left of the fees after the server and cloudlfare are paid out. We have never once asked for a penny from the community, and have declined numerous donations.

The foundation consists of community members outside of the dev team, me and rat4 are the only people from the dev community that are on the foundation so far (as far as I know.)

We are currently working on a website that will be up with in a day or two, that will introduce everyone to the current foundation members. There's about 15-20 foundation members, all well known from the community since day 1. The website will not only provide full transparency of who is on the foundation, but will allow people to see current active foundation projects, and even possibly vote on where to focus the foundation's efforts next.

Transparency, I understand everyone wants it, but it takes time to build the tools to make sure that transparency is readily available. It's coming with the website, and will be greater expanded as we create the tools necessary to open up information to everyone.

I have even put my designer (that I am paying from my own pocket) to design the website, so it looks nice clean and professional, and all the information will be delivered in a nice coherent manner.

The multi pool is just one tiny facet of what we are developing, and our multi pool will be the most advanced multi pool available on the internet. Even the features we are pushing and testing today such as bucketed dynamic hash rate assignment per coin to maximize the amount of blocks being mined with out running in to the diminishing return problem of over saturating a coin have never been seen in a multi pool before.

If you have any further questions, or feel that I have answered anything in an unsatisfactory manner, feel free to contact me in IRC, if I am awake I answer 99% of all PM's, or send your questions to the BlackCast, and I will gladly answer them on air.

Thanks.

Edit: Also as far as Iconic is concerned and a board seat for him, although membership is available to mostly any one who is interested in joining, and has some resources to commit, I highly doubt after all of the attacks on the foundation, the development team and the community that the foundation would consider his membership. Had he approached this civilly, there would be absolutely no reason why he would not be able to have a seat on the board.
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 04, 2014, 02:24:38 PM
Hey is there a forum and or thread that I can go to, that's outside of BTCTalk?
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