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Most of their income is generated by suckering in noobs in exchange trollboxes
We are a proper firm and we don't believe in any troll boxes, please focus on your project instead of loosing sleep about our project. We are not trash talking on your Bitcoin talk forum. Please become a big boy and grow up as a man. I assumed that was people trying to do a P&D when there's not large sell walls. Anyway Rupee - why is the WHOIS information fictictious? I found this elsewhere Entity Name: RUPEE BLOCK CHAIN, LLC Entity Kind: Limited Liability Company Entity Type: General Residency: Domestic State: DELAWARE
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Let's go I bought them at 420 satoshi but unfortunately I sold 95% of them when it dropped to 200 sats. Mistakes were made at least I have the 5% left. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's over 2000 sats still now? I'm a little surprised to be honest it's held so well considering where it pumped from originally.
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The company is address is : Rupee Block Chain LLC , Street : Rupee, City : RUPEE road Illinois 60148 US official email is rupeeblockchain@gmail.com ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Not even capable of setting up their own email servers have to rely on @gmail.com address How is life in RUPEE road Illinois folks ? Are you sure you have an attorney ? Yeah. He will mail you on rupeeisgonnasueyourass@gmail.com They also are based in the CITY of RUPEE ROAD. I bet you must be s*****g the court case?
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Rupee relaunch team has proof of all the transactions from original founder, and transactions he made to deliver on his promises. The coin was mostly sold at 20 satoshi rate for setting up all services, block explorer, mining pool, and web wallet. The original team has not more than 1 million coins now. We will give all those proof to Bittrex . The relaunch team is hiring a proper attorney in DC for this. If she agrees she will also become part of our team.
The problem is you are calling another coin a scam because of the same thing. 1% premine but 80% mined before it went on the exchanges. The same thing happened here. Block 1 has 20 million coins that were premined, 95% of the current circulation, regardless of whose hands those are now in. Let's say the current team had premined it and done the same thing? Spent the money to set up the block explorer etc, some might say fair enough - but it's still a premine. And why were the transactions sent all over the place? 0.00000020 x 20000000 = 4btc What exchanges did you list on first and where were these sold? Yobit is meant to have a rule about a 20% premine maximum. I suppose this is technically true with this coin if it's 80 million total supply eventually, but as of today it's well over 90%. Surely it's now in your interest to be more public about what this huge premine went as for now I wouldn't touch this coin with someone elses. They still hold a massive premine, all of this US LLC company is a scam. You can open a company for 4 quid these days. His operations are ran from hydrabad, India. A scammer of the highest degree with his team of minions So I don't know if that is true or not, but there's too many red flags for me. It's also not usable as a crypto anyway, the last block was 11 hours ago. Coinexchange takes 25 confirmations for this coin - you would have to have sent the transaction 36 hours ago. The WHOIS information looks fake too. Registrant Name: RUPEE Block Chain Registrant Organization: RUPEE Block Chain Registrant Street: RUPEE Registrant City: RUPEE road Registrant State/Province: Illinois Registrant Postal Code: 60148 Registrant Country: US Registrant Phone: +1.8000000000 Registrant Phone Ext: Registrant Fax: +1.8000000000 Registrant Fax Ext: Registrant Email: rupeeblockchain@gmail.com Registry Admin ID: C195615316-LROR Admin Name: RUPEE Block Chain Admin Organization: RUPEE Block Chain Admin Street: RUPEE Admin City: RUPEE road Admin State/Province: Illinois Admin Postal Code: 60148 Admin Country: US Admin Phone: +1.8000000000 Admin Phone Ext: Admin Fax: +1.8000000000 Admin Fax Ext: Admin Email: rupeeblockchain@gmail.com Registry Tech ID: C195615315-LROR Tech Name: RUPEE Block Chain Tech Organization: RUPEE Block Chain Tech Street: RUPEE Tech City: RUPEE road Tech State/Province: Illinois Tech Postal Code: 60148 Tech Country: US Tech Phone: +1.8000000000 Tech Phone Ext: Tech Fax: +1.8000000000 Tech Fax Ext: Tech Email: rupeeblockchain@gmail.com
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I have proof that this thing is a scam and soon I will post it ha ha Fudsters never fail to amaze with stupidity,it is clear from the tweet Rup has nothing to do with Rupaya...wow ppl miss the pump and now want to bring it back down so they can load tons of it..always the same sh!t,so boring!!!
We are warning you of the scam. The premine block is in the Rupee blockchain. Nothing to do with Rupaya, no one is talking about that. There is real data to back this up. Block 1 - 21 million coin premine: https://www.blockexperts.com/rup/height/1Block 2 onwards, 50 coins per block as advertised: https://www.blockexperts.com/rup/height/2Current coin circulation as per the block explorer: 21983800.00000000 as of block 19677. https://www.blockexperts.com/rupWhich makes sense as it's block 1: 21m Plus 19676 x 50 = 983800. That amount to a 95% premine. You still think this is like bitcoin and this will make $100 per coin? Remember that most likely 95% of the coins are in the hands of those that never paid for nor earnt them. But if you want to ignore the above by all means carry on buying it up at the current price. You may even make money in the short term. We will hire an attorney in UK and Pakistan to serve you notices at both place. Rupee Block Chain LLC USA Nothing I have said is untrue.
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Rupee relaunch team has proof of all the transactions from original founder, and transactions he made to deliver on his promises. The coin was mostly sold at 20 satoshi rate for setting up all services, block explorer, mining pool, and web wallet. The original team has not more than 1 million coins now. We will give all those proof to Bittrex . The relaunch team is hiring a proper attorney in DC for this. If she agrees she will also become part of our team.
The problem is you are calling another coin a scam because of the same thing. 1% premine but 80% mined before it went on the exchanges. The same thing happened here. Block 1 has 20 million coins that were premined, 95% of the current circulation, regardless of whose hands those are now in. Let's say the current team had premined it and done the same thing? Spent the money to set up the block explorer etc, some might say fair enough - but it's still a premine. And why were the transactions sent all over the place? 0.00000020 x 20000000 = 4btc What exchanges did you list on first and where were these sold? Yobit is meant to have a rule about a 20% premine maximum. I suppose this is technically true with this coin if it's 80 million total supply eventually, but as of today it's well over 90%. Surely it's now in your interest to be more public about what this huge premine went as for now I wouldn't touch this coin with someone elses.
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ha ha Fudsters never fail to amaze with stupidity,it is clear from the tweet Rup has nothing to do with Rupaya...wow ppl miss the pump and now want to bring it back down so they can load tons of it..always the same sh!t,so boring!!!
We are warning you of the scam. The premine block is in the Rupee blockchain. Nothing to do with Rupaya, no one is talking about that. There is real data to back this up. Block 1 - 21 million coin premine: https://www.blockexperts.com/rup/height/1Block 2 onwards, 50 coins per block as advertised: https://www.blockexperts.com/rup/height/2Current coin circulation as per the block explorer: 21983800.00000000 as of block 19677. https://www.blockexperts.com/rupWhich makes sense as it's block 1: 21m Plus 19676 x 50 = 983800. That amount to a 95% premine. You still think this is like bitcoin and this will make $100 per coin? Remember that most likely 95% of the coins are in the hands of those that never paid for nor earnt them. But if you want to ignore the above by all means carry on buying it up at the current price. You may even make money in the short term.
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Hope this coin will rise soon. Bought at 4k sats. The volume at coinexchage is good..
I bought in 5700 satoshis. We hope that it rises again, because I have lost almost all my investment. In Yobit there is an active bot, who is buying coins. What bots usually do is raise the value and lower it a lot of blow so that they sell much cheaper to get profit and then raise it. We hope you follow the active bot and return to the 6000 or 7000 satoshis. Maybe you'll get lucky but hopefully you didn't lose too much. Treat it as a valuable lesson not to FOMO.
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Rupaya coin is from Pakistan, they have done fraud two times, they closed in 2014, and they premined 1% but mined all of the 80% coins before coming on exchange, ( look at their block explorer and exchange history) and check Rupaya coin block explorer, last block was generated in August . Rupaya coin is again dead. Rupee team has no knowledge of their closed project in 2014.Rupee team has both Indian and Pakistani working as a team, and we will deliver to our investors
So the coin had based on the current supply a 95% premine? The coins are going to a lot of different addresses which isn't normal to the exchange behavior. It's almost to try and hide what's going on. Could you answer why block 1 of the Rupee coin has a block reward of 21m coins? Where have all these coins gone? What were they for? Premine by original founder, and creator, he sold that mostly at a very cheap rate on coin exchange for development services, you can check trading graph at coin exchange. We have details of the exchange transactions, and will provide that only to Bittrex and other exchanges while applying for listing. Before Bittrex, we have plan for another exchange, to stabilize our price, and bring volume. So the coin had based on the current supply a 95% premine? The coins are going to a lot of different addresses which isn't normal to the exchange behavior. It's almost to try and hide what's going on. What exchanges was this originally on? Nonetheless the variable blocktime makes this an unusable coin aside from the huge red flag of the block one activity.
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From what I know about this team introduction note at the beginning of this thread is that they are looking forward to building a valuable coin with a restricted number hence the difficulty increase of mining the coin. They are not going to allow 20 million within this short period before they start controlling mining algorithm. If they allow the 20m mining that fast, wouldn't that be a premined project? They need to spread the 21m proposed circulation within a given period of time in order to increase the coin rarity and build a valuable coin. My thought tho.
Look at how much was mined in block 1. The circulation is already nearly 22m
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Rupaya coin is from Pakistan, they have done fraud two times, they closed in 2014, and they premined 1% but mined all of the 80% coins before coming on exchange, ( look at their block explorer and exchange history) and check Rupaya coin block explorer, last block was generated in August . Rupaya coin is again dead. Rupee team has no knowledge of their closed project in 2014.Rupee team has both Indian and Pakistani working as a team, and we will deliver to our investors
Could you answer why block 1 of the Rupee coin has a block reward of 21m coins? Where have all these coins gone? What were they for?
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its pumping time to time, let us see whats in store in coming days
Only problem is where is all this going? If it's towards the exchanges (which I would suggest it is) it will set an unsumountable sell wall. https://www.blockexperts.com/rup/height/19646Transactions 52 Total Ouput 4319136.58398991 RUP 4.3m coins. Now we know that there's only a maximum of 0.938m fairly mined coins in the first place. So at least over 3.3m of those coins have originated from block 1. https://www.blockexperts.com/rup/height/1Where are all these coins now?
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RUP or RIP ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) will return back to 500-100 sat , down quickly just as he climbed !!! I've lost all my investment I also invested, with the confidence that it would rise more. And now with all that has gone down, we lose almost the entire investment. Hopefully in Yobit, some bot-based user will raise the value of the currency just like they have done with other currencies. I know that in Yobit, there is an active bot of this coin. I think what the bot wants is to lower the price so that we sell and have the most coins and then upload it. Maybe it will happen. I had huge profit in this coin that I lost but thankfully I didn't lose money. I got in early enough I guess and it went up hundreds of percent from my buy in before falling. I'm glad I got out. The problem is there's what amounts to at current levels as 95% premine. Just use the block explorer and look at block 1 rewards compared to block 2 and onwards. This isn't FUD. This is an uninvestable coin because of the above. Unless I see those 21m coins burnt this project cannot go further and it amounts to a total scam. Just came to know rupaya (RUP) coin was created in 2014 https://bitcointalk.org/index.php?topic=521251.0. Because rupee team copied the coin symbol, they had to change symbol to RUPX. They have 1% premine. That's seems to be genuine coin worth investing. Even the website is virtually identical. Hahaha. So coinexchange.io takes 25 confirmations (!!!??) and it looks like the bulk of the coins moved 20 blocks ago. So I think we are six blocks away from a huge dump on the exchanges. Unless the dev sees this and decides not to dump. There's 10BTC of buy orders on there at the moment for him to profit from. As for how long it takes for the next 5 blocks, anyones guess really.
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RUP or RIP ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) will return back to 500-100 sat , down quickly just as he climbed !!! I've lost all my investment I also invested, with the confidence that it would rise more. And now with all that has gone down, we lose almost the entire investment. Hopefully in Yobit, some bot-based user will raise the value of the currency just like they have done with other currencies. I know that in Yobit, there is an active bot of this coin. I think what the bot wants is to lower the price so that we sell and have the most coins and then upload it. Maybe it will happen. I had huge profit in this coin that I lost but thankfully I didn't lose money. I got in early enough I guess and it went up hundreds of percent from my buy in before falling. I'm glad I got out. The problem is there's what amounts to at current levels as 95% premine. Just use the block explorer and look at block 1 rewards compared to block 2 and onwards. This isn't FUD. This is an uninvestable coin because of the above. Unless I see those 21m coins burnt this project cannot go further and it amounts to a total scam.
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Yobit exchange is of late becoming one disappointing exchange. I 've been waiting for my BTC from Coinexchange to Yobit for hours too with no incoming transaction signal. I think they don't have enough workers to handle the growing interests of crypto investment. Cryptopia and Livecoin are much efficient.
In this case I think it's Rupee coin. Just look at the block timing, it's all over the place. https://www.blockexperts.com/rupThe miners are obviously switching away when the difficulty climbs waiting for it to fall again, causing the whole chain to stop. Rupee coin will need to address this for it to have any sign of adoption. The number of coins moving in the block chain is also alarming. I cashed out having bought in at 1200 sats. The slow blockchain cost me about $800 of profit. I'm not a miners. Neither am I part of the team. But I think the difficulty must increase to control the coin over supply. But that's not how it works. There's a supply of 50 coins per block and the block time is targeted to 5 minutes. The difficulty increases and decreases to maintain this timing. Same as bitcoin. But then this does use the bitcoin source.... The problem here is the hash rate of the network must be swinging wildly. We get blocks a minute apart and then nothing for hours. In terms of controlled supply the questions I have is - How have we got to 20m coins so fast? Even taking the rebrand into account it seems a lot. We are on block 19,660 so shouldn't that be only 983,000 coins thus far? - A block every 5 minutes with 50 coins in is relatively high inflation. Maybe not too high but remains to be seen.
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Yobit exchange is of late becoming one disappointing exchange. I 've been waiting for my BTC from Coinexchange to Yobit for hours too with no incoming transaction signal. I think they don't have enough workers to handle the growing interests of crypto investment. Cryptopia and Livecoin are much efficient.
In this case I think it's Rupee coin. Just look at the block timing, it's all over the place. https://www.blockexperts.com/rupThe miners are obviously switching away when the difficulty climbs waiting for it to fall again, causing the whole chain to stop. Rupee coin will need to address this for it to have any sign of adoption. The number of coins moving in the block chain is also alarming. I cashed out having bought in at 1200 sats. The slow blockchain cost me about $800 of profit.
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Can someone just tell me who on this earth is Mining Rupee, can we all please contribute to the miners for a faster than a Pentium 2 pc. It takes 6 hours for 25 confirmations ? Why on this earth is it taking this long ?
We loose out on 50 possible trades because someone is mining with a pentium 2.
Ok done raging, I feel better now.
Yup - just checked the block explorer - last block was mined over an hour ago. Seems the average block time is much less than this but more than it should be according to the coin specs. The website says the target block time is 5 minutes so there's a mismatch in the mining difficulty.
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Hi All
Thanks. I suspect if I had have kept this more in my mind and therefore the key safer I would have cashed out much sooner.
I'm turning all my drives over to a friend I haven't seen in about ten years. He runs a PC forensics business and has done successfully for a number of years and became aware of my plight. Said he wants an interesting project if he can help. As it was on magnetic storage at one stage we may have some luck but I still doubt it. So I will not be using them again to minimise any further possible loss or corruption.
It's still going to take a miracle.
Do we know what the main bitcoin client of early 2010 file stucture and private key delimiters as he will need them.
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