One of BTC-e or Balthazar is lying about the premining of NovaCoin, a scam cryptocurrency. Exhibit A from BTC-e.com (who was bribed with premined NovaCoins so they will accept this scam currency): " 110K premined NVC is successfully destroyed !" "Hi all. As you know, BTC-E received 110k of coins before NVC was publicly released. " https://bitcointalk.org/index.php?topic=144158.0Exhibit B from Balthazar (who thinks he should be the next satoshi by just copying other people's code): "I mined this coins + ~35k for the stake, and given it to exchange as of a guarantee that I'll not dump it. So, there are not only pre-mined coins destroyed, my normally mined coins destroyed too. I have nothing else to say." https://bitcointalk.org/index.php?topic=144158.msg1530118#msg1530118The statements from the scam cryptocurrency creator contradicts the statement from the dubious bitcoin exchange operator. Balthazar claims there are not 110k premined coins, but BTC-e.com admits they have received 110K of premined coins.
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Great, more scam currencies that will never be used.
Freicoin = Federal Reserve Coin = Foundation Taxes Your Coins. 80% of your mined coins goes to the foundation. Postmining.
NovaCoin = NovaScam = premined, bribes operators (possibly CryptoCoin Exchange), centralized
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PPCoin is still centralized, but Sunny King developed an interesting idea of proof of skate (no premining), and litecoin actually has a small economy (plus no premining), and terracoin is a straight off bitcoin fork but at least there's no premining.
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BTC-e...I have no strong feelings either way towards Novacoin. But I think you should remove it from the front page of your website, until things calm down a bit. Keep it going in the background like RUC/BTC, and if volume is high enough, then move it to the front. Just a suggestion.
I agree, I have no hate for NVC. Though for operations to return for everything else it needs to remain out of the limelight till it proves itself. 110K premined NVC is successfully destroyed - https://bitcointalk.org/index.php?topic=144158It shows that you were willing to take a bribe so you could be a bit richer while a lot of people are going to lose their money trading a scam currency. It's comparable gambling your cold store on satoshiDICE 50%, and saying, "hey, we won, so what?". I won't go more into this - I've already expressed my opinions on BTC-e and I'd suggest everyone to stay away. Have a good day
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Because we are one of the few services with a sufficiently large transaction volume, large hot wallet and the ability to calculate taint. We also take the risk of accepting zero conf transactions.
I am not adverse to lowering the fees. Those of you who feel a 1.5% fee is too high would you use the service at a 0.5% fee?
Perhaps a tiered system. 1.5% = full mix, 0.5% = basic mix (possible taint). People who really want mixing would pay the 1.5% fee, others who just want to make it far harder to track would use the latter.
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Thank you for this! Please be aware you are dealing with a scammer who has stole more than $10 million USD. I feel a lot of people would think a full dox isn't immoral.
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FACT: NovaCoin is a SCAM.
Every SINGLE premined currency has died out. EVERY SINGLE PREMINED CURRENCY. novascam had over 200k premined, 110k went to btc-e as a bribe.
Not that argument again. Strictly speaking all currency is a scam as it all has zero intrinsic value. This includes novacoin, LTC, BTC, and the almighty USD. However we are not going back to the barter system any time soon. If you genuinely believe novacoin will die out then you need do nothing but wait. In my opinion digital cryptocurrency is a natural monopoly and everything but BTC will die. The only exception would be if something genuinely better than BTC took the monopoly. Yes, that argument again. There is Litecoin which has being going for a while now. It's not premined, and there's a handful vendors accepting it, LTC gambling, LTC-GLOBAL. By the way, Bitcoin has the intrinsic value of storing messages in the blockchain which is replicated across many computers worldwide. Can be used to distribute a dead man's switch, for example. So it does have a bit of intrinsic value
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I purchased 0.1 btc.. where is it?
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You cannot say that BTC-e included it because of reasons other than the 110k NovaScam bribe - because PPCoin isn't included! NovaScam is a ripoff off the PPCoin (which even has a security vulnerability at the moment that is not fixed in either coins)
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ddos That novacoin scam was wonderful idea to take on board, once this is done the rest of my coins I have not already got out are coming home... Absolutely. I have lost all my respect for btc-e after accepting a bribe to include novascam. FACT: NovaCoin is a SCAM.Every SINGLE premined currency has died out. EVERY SINGLE PREMINED CURRENCY. novascam had over 200k premined, 110k went to btc-e as a bribe. If they take 110k to include a scam currency.. how many coins do you think they'll wait before plundering your wallet? I'd strongly advise everyone to NOT deal with BTC-e, because the same thing that happened to CryptoXchange & WBX is likely to happen here as it shows that BTC-e has very questionable morals and motives
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bump
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DDoS for supporting NovaScam, they got a bribe of 110k novascams to include the exchange. Has destroyed it now, but the damage has already being done.
Evidence of this? or just speculation? Alt cryptography section of the forums Lots of drama there.
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I like this! Vector please?
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Bump, still need some more BTC
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I killed NovaCoin, enjoy
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No around 200 k...and missing 90k. They understand if they dont destroy the no hided premine (110k)...the coin will died due so much trolling (In fact just real questions but called trolling...). So you delete 110 k keep 90k who even take bigger value cause less coins in circulation...Does I'm alone to see the smart move for them ?
As I said in btc-e chat to balthazar I have to admit the scam is nicely organised and this move make it much better again for them...
Where did you get this value? Why not 2000001 or 194999.98? It was released on Feb 09, 2013 at ~ 1:00 AM GMT+4. Moneysupply for this date is pretty easy to calculate, there were less than 65k coins at release. Additional amount was mined after release simultaneously with other miners, but we also destroyed it, as a gesture of fair. Instead of trolling, you have to admit that you were wrong, and apologize. If you care about your reputation, of course. But if you don't care, you are free to post random numbers without explanations and proofs. Because there were around 200k premined coins. Stop spreading FUD for NovaScam.
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Yes, the coins are destroyed.
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Like Satoshi didn't premine a buttload of coinage(2.1mil?)
Satoshi announced the existence of the bitcoin network and the availability of his software on the day he started it, on a cryptography mailing list. The first block is dated from january 3rd, 2009. In order to determine its hash, the first block uses a newspaper title from that same day, which proves that the date was not faked. So no.
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BTC-e is automatically blocking people for saying novascam or something
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DDoS for supporting NovaScam, they got a bribe of 110k novascams to include the exchange. Has destroyed it now, but the damage has already being done.
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BTC-e = borderline scammers
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