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1  Economy / Scam Accusations / Re: [ANN] BYTEPAY [BEPAY] POW - SCAM MASTERNODES - SCAM - NEOSCRYPT SCAM on: May 18, 2018, 03:47:26 PM
Guys,

as a former long-term supporter of his previous project, CropCoin, let me tell you what exactly you would expect from this new project considering how that past project was run, and all those issues you could find in its source code. I try to be as honest as possible regardless of his last message to me ("f..k off").

PROs:
  • he will sell you masternodes
  • he will support the project for some time (maybe month, maybe year)
  • he will make some changes in the project to keep high ROI (in coins) while possible
  • coin will be on exchanges, yes, the same as crop - CB and CE
  • those who are early birds, may and, highly likely, WILL make some money

CONs:
  • this project is a next clone of previous one
  • it uses old codebase with a lot of issues
  • to keep ROI high usual practice was to make blockchain forks every week or two. If you are not checking discord every day or two, you may probably miss update point and start loosing your masternode awards or mining rewards (they will be in another blockchain fork)
  • when lot of people enter the project, the premine of 4 million coins will go dumping in parts - the same way as crop's 2 million were dumped
  • the price will go down, crop's price went from 39000 sat/coin (as I bought it) to 3000-5000 sat/coins (when I sold out), and many people left it at high loss
  • this project has no innovations or clear whitepaper. CROPs innovations were tiered masternodes which are the way to keep interest to the project and coin price from falling. But actually they have no meaning at all, and due to variable number of different nodes, the daily supply will jump up and down, and create unpredictable inflation.
  • support on discord is irregular and sparse. The team consisted from a single "dev" which obviously does not code, since no single tech question was answered
  • "dev" lied to coin holders about plans. Say, he promised that "community will vote for reward structure", but when time's come, he just set fixed values, and to all questions he just wrote "we set the best for community". All this ignoring a lot of calculations and spreadsheets few user published being concerned
  • he ignores or rejects all offers to help with coding, web site or running services, but at the same time says "it's community project"
  • no team means no updates. Check crop web site, it is obsolete. Here will be the same. People were mining that coin a moths later after it went PoS only with no mining. And they lost money paying bills and not able to sell coins. The answer was "check discord and update". Let me add: check every day/week
  • not being a real developer, the code work is being made by other people. Including building of GUI wallets. GitHub does not cointain all files necessary to build Windows, Linux and Mac wallets, they are distributed as binary only files. Now is the same - Windows GUI is published, MacOS GUI in past project was published on GoogleDrive few days after releases/updates, Linux GUI wallet was never published at all. That's because of old code base taken instead of new one. On all offers to build all 3 platforms at once after adding missing files he answered nothing
  • As a result, someone else builds GUI released. You can't do that easily. I made those, but using some parts from other coins, since dev either ignored my requests for missing files, or said "all is published" - well, where is the /share directory needed to build GUI, and where is macdeploy script needed to build a MacOS app bundle? They are built from no one knows which code and by no one knows whom
  • with past project, this "dev" even was not able to setup own blockchain explorer and used gos.cx pool's one. Now is the same, use 3rd party offer. You still think it is a good project?
  • When you ask too many "bad" questions, they will be deleted first, and your account banned next
  • I can show proof to any of these statements, more are listed here. For instance, ask him how to build Linux GUI wallet from the source published. Or Windows. Or MacOS. I bet the answer will be like "we provide all you need ready to use, no need to build" since he is NOT a CODER/DEV, and, perhaps, he has never built any GUI himself

So the conclusion:
  • You may invest in it and even make a lot of money. But as well you may lose a lot in BTC if you miss dump point in time
  • Yes, ROI in coins is great. But ROI in BTC may be negative. Be aware.

What should be improved, at least, to make such "project" a bit more attractive:
  • up to date web site
  • own real, not fake, coders in the team, not subcontractors
  • own, not 3rd party, blockchain explorer
  • own tiered masternode stats page (if we tell about this like an innovation)
  • full source code published, so everyone can build 1) command line node for VPS, 2) Windows GUI wallet, 3) MacOS GUI wallet, 4) Linux GUI wallet
  • better if all this will use new code base with qmake/cmake/configure system instead of hard-coded fixed libs

Then you may safely invest. But don't ask too many questions apart from "how to install masternode". Otherwise you may receive the same answer as me after a month of supporting his users on Discord: "f..k off, a.. hole", proof is here (in the end).



This is true for almost all coins on the mastercoin online list STOP SCARE PEOPLE OFF!!!
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: !<~~~~~[BAT] BatCoin - The Reincarnation [Stay tuned] ~~~~~>! on: April 17, 2018, 05:58:04 PM

Anyone is interested in reviving this coin
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Necronomicon thread: Altcoins which are dead. on: March 24, 2018, 12:51:39 PM
Can any one help me revive Bat coin?

I accidentally bought this shit on cryptopia thinking it is bat.

Ben
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