NxT's price is collapsing because one of the original NxT whales (40 million) downloaded a keylog file and presumably close to 7 million has been dumped by a hacker so far and another 33 million will be dumped. He had passwords to wallets worth several $million on a text file on his desktop. https://nxtforum.org/general-discussion/price-speculation/5440/This does relate to NEM as it is entirely traded on the AE and NxT's price changes has a huge effect. A $500 NEMstake is possible if NxT continues to drop in price. This is why we are building a feature into NEM that should help prevent situations like this. Welcome to Crypto 2.5 TaunSew as is always the case is posting misinformation. Yes, Klee was original stakeholder who started with 30 million Nxt back in 2013 but he only had 3 million Nxt left. He also controlled around 3 million Nxt in infrastructure committee. That's a lot less than 30 million. He lost 1 million dollars (1100 BTC) in BTC -- not in Nxt.
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"NxT coin password: Blah Blah Blah"
He lost more BTC than Nxt (~ $700,000 worth of BTC). The hacker immediately dumped them on bitstamp. I hope bitstamp confiscate the account and contact law enforcement a this was clear case of theft. it was not , your misinformed Could be wrong about bitstamp dumping, but I read it on a forum (must be true : ) The hacker did try to dump millions of Nxt, though. Last I heard was that the hacker's account was locked by Bter.
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This is perfect IPO. No "sockpuppets" problems. Fair simple and no scams as bter is providing escrow. They do have 2% maximum cap for single investor. So they do have to try to monitor it somehow like Node does. Same good idea, preventing too big stakes. 2% is close to 100 BTC. It won't be a problem. The problem is "fair distribution" model where everyone gets "equal" amount per share. That model encourages sock puppets, and it was a problem started by Nem. It doesn't work.
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"NxT coin password: Blah Blah Blah"
He lost more BTC than Nxt (~ $700,000 worth of BTC). The hacker immediately dumped them on bitstamp. I hope bitstamp confiscate the account and contact law enforcement a this was clear case of theft.
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This is perfect IPO. No "sockpuppets" problems. Fair simple and no scams as bter is providing escrow.
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And you are hardly the ideal candidate to be on any committee deciding who is real, or who is a sock puppet, and who gets their stake.
As a stakeholder, I am entitled to post my opinion. It's a free world. Don't like it? Go fuck yourself Having tried to cheat the system once, you now hope to gain those extra stakes as a reward for being the witch-finder General.
I think not.
What "cheat the system"? I never denied I had more than one stake. There were absolutely no clear rules about it when I joined. In fact, my first stake was absolutely "free" when I posted something like "interested" back in January. I paid for the rest. "Cheating" would be claiming that "stakes" are for rest of my family, regardless if they even heard anything about "crypto" If others are getting more than one stakes by claiming it's for "family", I want my stakes back too. What part of that you don't understand?
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Heh, the sock puppets came out to vote "no" in force in the last 10 hours.
Why would sock puppets even care to vote now -- as at least 500 stakes have now moved to AE -- a decentralized system where developers can't stop anyone from selling them? Two, there is not enough data. Nem only has account activity / creation date and taint analysis for BTC only (not Nxt deposits). Thi isn't enough for any kind of audit.
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what if some body registered accounts at different ip locations like their house. parents house. grand parents house, uncles house,colledge,work,school the list goes on.
No system is perfect ib catching all sock puppets. Most socks didn't do it as they didn't know all logins IP and timestamp were recorded.
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It has nothing to do with puppets. If someone has a lot of coins it doesn't mean he is gonna dump them. Nas and Nxt are good examples. Some people have tens of millions coins in Nxt and hundreds of millions in Nas but they are not dumping. I've got lots of Qora and Sim, but instead of dumping I'm buying. Btw the same with Nem. There are tens of puppet masters with lots of puppets but they are not dumping.
This is true for Nxt, but the kind of people who create 10s of sock puppets are dumpers, Look at NFD. Perfect example of sock puppet dump avalanche. They are selling lower than original IPO. You're telling lies; about NFD price; original IPO price is from 1.1-2 sats That's for free giveaway or very early adapter? I am sure most people put more than that. NFD is getting slammed by sock puppet dumping who are selling lower than original IPO This is a fair warning to dev. Do not listen to whining by sock puppets. Do not make exception for people who post BS (like a family member who only posts in IPO threads). Sock puppets will kill the coin with dumping as perfecting shown by NFD.
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I am willing to show my picture, if I get my stake back.
Selfie with sockpuppet is OK, fake pics can be easily figured out using some services now available.
Pictures do not prove shit. I can post the picture of Pope. That doesn't mean I am the Pope!
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It has nothing to do with puppets. If someone has a lot of coins it doesn't mean he is gonna dump them. Nas and Nxt are good examples. Some people have tens of millions coins in Nxt and hundreds of millions in Nas but they are not dumping. I've got lots of Qora and Sim, but instead of dumping I'm buying. Btw the same with Nem. There are tens of puppet masters with lots of puppets but they are not dumping.
This is true for Nxt, but the kind of people who create 10s of sock puppets are dumpers, Look at NFD. Perfect example of sock puppet dump avalanche. They are selling lower than original IPO.
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Sock puppets are bad for original stake holders. any one can buy after launch and dump to high heaven
If there aren't large amount of sock puppets, not everyone can buy it as that will increase the prices. It's psychological thing. Someone with 10 sock puppets will immediately dump 5 at any price, and that sets a bad trend that is hard ro recover.
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I think alot of people have grown tired of the effort that is involved in keeping on track of this coin. i mean how many ann pages? how many times did you have to check the list to see of you were still on it. checking your not puppeted? and the more distributed this coin becomes the less roi you will get. Not much new money comes this way so if everyone has a stake whos buying a stake?
IMO: more sockpuppets they found, more node to regular stakeholders -> better ROI Sock puppets are bad for coin. Look at NFD. Dumpers are dumping it lower than IPO prices. It will be six months to an year before NFD will recover this dump (if ever).
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i think this coins had it. and thats before i was accused as a puppet. its taken far too long to get the coin out. losing way too mich time on puppets. and the community vibe is down and that makes a coin.
I'm optimist ) Devs changed their decisions before after they saw how many people they pissed off. Now it's just another time to admit that they were wrong with treir "98% efficiency of puppet hunting". Let's see how they proceed today before making any long term statements. Their efficiency with identifying IPs match is actually 100% .. THey might be referring to same roomate in 2% of cases. There are number of people (not just me) who asked developers to remove their sock puppets. If they change the rules now, all these accounts should be put back on the list. I will object if dzarmush is on any kind of panel as he insulted me and have shown idiocy
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I'm not speaking with fucking puppets.
Words mean nothing. Are you using Tor and do you give the dev permission to post the IP (won't hurt you if it's Tor exit node)
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Some people, actually quite a few advanced users configure TOR to only use a few exit nodes they trust to avoid using a compromised one. Not saying that's the case here - just raising the possiblity.
Yes, and all of these "advanced" users signed up for an obscure coin too Timestamp will still burst their buble. I hope dev post all info on the accounts that are proven to be tor exist nodes as user privacy won't be compromised,
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According to the devs Im a Grand Puppet Master
Aladin Prosperux John holmes PtBrennan LexusFly JCann83 Obarr88 Kolomoy
Am I understanding this right? This means all this people are me?
NO THEY ARE NOT
I wonder how I ended up in a company of these people. Pretty simple. You all have the same IP. Don't tell me Tor as there are 1000 Tor exit node which are assigned randomly, so the probability that all of you got the same exit node at same time frame (within 24 hours) is lower than winning million dollar lottery
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Because my pal stuart lives with me. hes not as active as me but follows what i do on crypto. sorry for spreading the word. and your puppet removal system is flawed. im honest
Thanks for confirming that system flags correctly. I will leave the decision to panel and won't further comment on your case. At least you honestly admitted you know the guy, unlike another guy who claims that 5 other accounts had no relationship with him as he uses Tor (tor nodes are assigned randomly, so pretty improbable argument that 5 of of them ended with same exit node around same time). Still waiting for LemonAndFries to explain why his IP matches dave5555
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Lmfao appatantly im a puppet hahaha
Can you explain how your IP matches this person whose 5 out of 7 posts are about joining IPOs? https://bitcointalk.org/index.php?action=profile;u=233046;sa=showPostsI am not accusng you. I just want to understand how so many people claim to be "flagged" wrongly when the flags are based on IP record in obscure coin with only 1400 people.
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