Show Posts
|
Pages: [1]
|
cryptocoins are not a good investment, because any dev/creator of a coin, can suddenly just say they were hacked, and the price of the coins can suffer alot, which also means that investors lose alot of money too.
And dev gets away with all the money, and isn't held accountable to reimburse any of the investors?
People seem to take it for granted, that if a dev says he was hacked, then the dev is not responsible for the losses of investors.
We would have to have laws to protect investors or buyers of the coin, and devs would have to reimburse anyone for their losses.
We cant jut let devs get away with this. but if people are going to let devs get away with this, then cryptocoins are not good investments then.
investors need protection from devs who say ' I was hacked ' as a way out of problems for the dev, or maybe they were hacked. who knows, we dont really know if they truly were hacked or not. But they can just say that any time.
But, how about, rather than force the losses onto investors, how about if we make laws that forces the losses onto the dev who says that? (then they wouldn't say that, huh )
isn't it, in fact, some kind of fault, or failure of the dev's if the dev gets hacked? Of course it is the devs fault and failure, but why should investors have to pay for the faults and failures of devs?
|
|
|
Evidence suggests that ccryptcoin is actually gldcoin original dev for Goldcoin read my post about that at the link below: http://bitcointalk.org/index.php?topic=664520.0Knowing who the perpetrator of the betrayal of trust of investors is, will help us alot in the cryptcoin witches case. the betrayal of trust occurred on the evening/night of the summer solstice, june 20 or june 21, 2014 Below, is a link to the wall of shame post where bitcointalk user barabbas has some interesting warnings to let people know about certain users or coins: http://bitcointalk.org/index.php?topic=644093.0
|
|
|
ccryptcoin = gldcoin
ccryptcoin (dev of cryptcoin) = gldcoin (original dev for Goldcoin)
The two may be the same person.
There is also rumors that ccryptcoin is using multiple alts to make it appear as though there are many devs working for ccryptcoin, when in fact he is the only dev.
Apparently Microguy booted mr/mrs gldcoin from Goldcoin,
and Microguy threatened gldcoin by the authorities to get rid of him.
But, Microguy had to find out who gldcoin really is in the real world, so we know we can find out who gldcoin is,
therefore we can find out who ccryptcoin is as well.
That should help us, in our case in regards to the betrayal of trust of investors that occurred on june 20, 2014.
We need to know who the perpetrators are first of all, and if its true that ccryptcoin is gldcoin, then that helps us alot.
|
|
|
!!!IMPORANT ANNOUNCEMENT!!! (Read below) 6/20/2014 ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.prosofteng.com%2Fproducts%2Fimages%2Fblue_update_button.png&t=663&c=SBr6RtgA0tayug) Hello everyone, I am a developer working behind the scenes with the CryptCoin development team. I have two pieces of disturbing news that was brought to my attention recently. 1) The main cryptcoin developer included a hidden block within the coin (Block 38400), that he made me aware of containing more than the entire coin count to date. - He offered me 15% of this block to keep quiet, but I will not be swayed by greed to commit such unethical behavior - I have made mindfox aware of the situation (I'm assuming he wasn't aware before) and he has decided to leave the development team. - Due to the last point made, the development of anon send will be suspended until further notice. 2) Bribing of btc-e admins by some of pumpers in the group. Small snip of transcript: http://pastebin.com/Q76VrYdp - I think this speaks for itself, keep in mind the BTC-e administration had no idea about the hidden block 3) Because of these revelvations we have changed the github over to more reputable hands, as well as removing the bad actors from the IRC channel. I hope the community can work past these bad actors and this doesn't mean the end for the coin! What? Was it a git hack attack from an insider dev? or was it some hidden block? This was all FUD no hidden block as the work was POS not POW What does FUD mean? F U D Fear, uncertainty and doubt https://en.wikipedia.org/wiki/Fear,_uncertainty_and_doubtThis was also previously posted by Cryptofox on one of the previous pages http://chainz.cryptoid.info/crypt/search.dws?q=38400Well I did not know INSTAMINE was CryptCoin Blockchain Explorer up to block 38438 Details for Block #38400 Hash 41740b54a50eada6a01f82388ca90f5aa3dc3936ed78363db6880363795ebb42 Date/Time 2014-06-21 10:47:28 extracted by Proof of Stake Transactions 2 Value Out 220.55790286 CRYPT Difficulty 0.00691508 Outstanding 2,617,490.81440693 CRYPT Transactions Raw Block Hash Value Out From (amount) To (amount) 478c98c759... 0.0 CRYPT Generation + Fees Included in following transaction(s) 0.04075677 CRYPT d671c0988e... 220.55790286 CRYPT Ej3JuDoMXi5eRNmx3WYyoSkprZNwkDXbnK 220.51714609 CRYPT Ej3JuDoMXi5eRNmx3WYyoSkprZNwkDXbnK 220.55790286 CRYPT If I may, the correct details are hidding in the "Raw Block" tab. Let me assist a bit: { "hash": "41740b54a50eada6a01f82388ca90f5aa3dc3936ed78363db6880363795ebb42", "confirmations": 42, "size": 402, "height": 38400, "version": 6, "merkleroot": "403048b479440718af8bfdf8a220ddbd495075b04a94097731a870e71499853f", "mint": 0.04075677, "time": 1403347648, "nonce": 0, "bits": "1e00909c", "difficulty": 0.00691508, "blocktrust": "1c5317c", "chaintrust": "115332bce279263", "previousblockhash": "e585bea9fd4003f21fb0fd324c9381d7436579fd1e25342d86ebda9a5fcd3dce", "nextblockhash": "00000000001e28ce5b9f9c280b8c99710548fc585626db1a34323f4a5f23338d", "flags": "proof-of-stake", "proofhash": "0000348a6840f422c2e798111ee61de0cea1ff167d61cb7b1947918a8746a588", "entropybit": 0, "modifier": "1238dbe0ebbd9f9a", "modifierchecksum": "fb6e8c76", "tx": [ "478c98c759a6b551f3c6dc1bcbdcfcd82c328f95f98a1044b360dc9f55130ce0", "d671c0988eae42757de9de599e1b12c301b2fd740efbab0e3a4e52c3ca4fa729" ], "signature": "304502210080eb9d63155f00cf9a050282dbe72e0894437e8f3ad8cd1b4eac82aecb032b8502205 447dd4c4f6f1249de7c4dcca938709f1d335dc84c86c06fb815c94212d91b83" } It is a PoS block. That means that generated coins are coins calculated by the Yearly interest rate for the coins in the transactions multiplied by the number of days passed. Can't really hide any coins in there. is cryptowest a dev with cryptcoin? A user named cryptowest was in chat at cryptsy.com telling us that he was a dev of cryptcoin, and he also told us there was a git hack attack from a trusted member of the cryptcoin team? Was there a git hack attack from the trusted member? if so, what are the damages to cryptcoin?
|
|
|
!!!IMPORANT ANNOUNCEMENT!!! (Read below) 6/20/2014 ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.prosofteng.com%2Fproducts%2Fimages%2Fblue_update_button.png&t=663&c=SBr6RtgA0tayug) Hello everyone, I am a developer working behind the scenes with the CryptCoin development team. I have two pieces of disturbing news that was brought to my attention recently. 1) The main cryptcoin developer included a hidden block within the coin (Block 38400), that he made me aware of containing more than the entire coin count to date. - He offered me 15% of this block to keep quiet, but I will not be swayed by greed to commit such unethical behavior - I have made mindfox aware of the situation (I'm assuming he wasn't aware before) and he has decided to leave the development team. - Due to the last point made, the development of anon send will be suspended until further notice. 2) Bribing of btc-e admins by some of pumpers in the group. Small snip of transcript: http://pastebin.com/Q76VrYdp - I think this speaks for itself, keep in mind the BTC-e administration had no idea about the hidden block 3) Because of these revelvations we have changed the github over to more reputable hands, as well as removing the bad actors from the IRC channel. I hope the community can work past these bad actors and this doesn't mean the end for the coin! What? Was it a git hack attack from an insider dev? or was it some hidden block? This was all FUD no hidden block as the work was POS not POW What does FUD mean? F U D
|
|
|
!!!IMPORANT ANNOUNCEMENT!!! (Read below) 6/20/2014 ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.prosofteng.com%2Fproducts%2Fimages%2Fblue_update_button.png&t=663&c=SBr6RtgA0tayug) Hello everyone, I am a developer working behind the scenes with the CryptCoin development team. I have two pieces of disturbing news that was brought to my attention recently. 1) The main cryptcoin developer included a hidden block within the coin (Block 38400), that he made me aware of containing more than the entire coin count to date. - He offered me 15% of this block to keep quiet, but I will not be swayed by greed to commit such unethical behavior - I have made mindfox aware of the situation (I'm assuming he wasn't aware before) and he has decided to leave the development team. - Due to the last point made, the development of anon send will be suspended until further notice. 2) Bribing of btc-e admins by some of pumpers in the group. Small snip of transcript: http://pastebin.com/Q76VrYdp - I think this speaks for itself, keep in mind the BTC-e administration had no idea about the hidden block 3) Because of these revelvations we have changed the github over to more reputable hands, as well as removing the bad actors from the IRC channel. I hope the community can work past these bad actors and this doesn't mean the end for the coin! What? Was it a git hack attack from an insider dev? or was it some hidden block?
|
|
|
New Update!! 6/20/2014 ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.prosofteng.com%2Fproducts%2Fimages%2Fblue_update_button.png&t=663&c=SBr6RtgA0tayug)
Rumors have been circulating that we may be being added to BTC-E soon. They are true.
Our talks with BTC-E went extremely well, they have tested the wallet on their servers and tested integration with their engine.
A hiccup is that they require a 3 digit code, they confirmed with us that we will be ok with CPT.
We are awaiting their response, they have been dealing with a large scale DDOS attack (see twitter) so there has been a small delay.
We are now awaiting their response, they said they will speak with us today.
We're very excited by the possibilty that we may be able to trade our favorite coin on our favorite exchange.
Our anon features are well underway - we are being secretive because the simplicity of the idea is beautiful and we don't want it stolen yet. It will likely be open source after release.
Hi. Are you sure cryptcoin will trade on btc-e ?
|
|
|
On june 20, 2014, Cryptcoin told investors that cryptcoin was confirmed to start trading at btc-e.com shortly, http://bitcointalk.org/index.php?topic=618377.2080the price of cryptcoins went over 0.002 on all exchanges except cryptsy.com where it went up only to 0.0018 Suddenly, there was a massive dump of cryptcoins, illogically, because on good news like that, people shouldn't be dumping like that. Immediately after the massive dump, a user named cryptowest who told us he is a dev with crypt, then told us about a githack attack from one of the devs with cryptcoin, a type of mutiny from a trusted cryptcoin person. http://bitcointalk.org/index.php?topic=618377.2140( ccryptcoin main dev for cryptcoin telling us on main thread about git hack but making it sound nicer than cryptowest did at cryptsy.com chat ) The githack news ensured that the price of crypt would be destroyed, so investors who bought when cryptcoin pumped shortly before this, were out alot of money. Crypt dropped/plunged to 0.00033 and with the news of the git hack attack, investors then may have been thinking that cryptcoin might be destroyed. CRYPTCOIN WITCHES SACRIFICE INVESTORS ON THE SUMMER SOLSTICE JUNE 20, 2014, TO THEIR IDOLATRIES, ABOMINATIONS AND FALSE GOD WORSHIP. PIcture the cryptcoin people wearing black hoods at their alter, and leading investors up to the alter, where they slaughter the investors(betraying the trust of the investors), while investors are unawares. That is what cryptcoin did on june 20, 2014 ********************************************************************************* Below are links to the same news releases( i quoted the news releases on the cryptcoin main thread), notice how the news of trading on btc-e.com comes before the news of the git hack attack? Also notice how the original news release about trading on btc-e.com was released on june 21 bitcointalk time which is the summer solstice, and that was the night of the summer solstice of 2014. The evening/night of june 20, 2014 is the night of the summer solstice of 2014, as is any time after midnight that night also the summer solstice of 2014. this is where I quoted from ccryptcoin: news release about cryptcoin going to trade at btc-e.com from ccryptcoin main dev of cryptcoin http://bitcointalk.org/index.php?topic=618377.3120I also quoted from ccryptcoin at the link below when he released the news of the git hack attack mutiny Git hack attack announcement from ccryptcoin main dev for cryptcoin http://bitcointalk.org/index.php?topic=618377.3140
|
|
|
I cannot afford to lose any money that I invest.
I invest money to try and increase the amounts of money that I have, in order to get gains from my investments.
To be honest with you, anyone who says: 'only invest what you can afford to lose', well people should not invest at their exchange at all, because that is a copout, showing that they are resisting any accountability for any losses of the investors.
off-scouring all the risks involved in investing in cryptocoins at the exchange onto the investor, and not accepting any accountability for themselves at all, though they are perhaps the biggest money earners of all. Exchange owners want their cake and eat it too sort of thing.
As investors, we likely need to use an exchange that allows more accountability from themselves, to try and help and protect investors money, and to try and get back monies that are somehow wrongly lost by investors.
its not possible to have an exchange that guarantees no losses to investors though. When investing, investors might gain or lose, its just that way.
Accountability is the issue here I think though
investors prefer if the exchange was more accountable whereas, the exchange may prefer that each investor is accounable for their own actions completely
personally, I believe there is shared accountability involved. Its not just one or the other, but both.
Therefore, the exchange must be partially held accountable for investors losses at least some of the time, and it cannot be that the investor is solely to blame or accountable completely for their own actions all of the time
If any of you ever go to a christian church and listen to the preachers, you will hear them tell you about accountability.
Here is an example I want to show you, why its important to give or help others with charity. Although most investors may be sound and more in control, I am aware that there may be situations, occurrences or events in peoples lives which make it hard for them to control their money, and such persons at such times might invest wantonly, losing alot of money, and wind up going looking for charity afterwards. Now if you have a conscience, you can see that there are times when it is wrong to take such persons monies from them like that, but nonetheless, in the daily activities of doing business that is what happens, and perhaps it takes all of their money from them. In order to try somewhat to correct this imbalance requires giving to charity, and also helping the individual persons who might ask for help in and around you in your life. Something to consider, but do it cheerfully, and not because of necessity, but many sins will be forgiven people who give. The Lord Loves A Cheerful Giver! Wow, to be loved by God, that is something, isn't it.
But the exchange may have an agreement people have to agree to, prior to trading on the exchange, and if the exchange insists that you must exhonorate them fully, then that agreement might be regarded as legally binding upon the investors. If that is the case, then if the exchange owners do allow accountability at all, then it is their charity towards the investors but its not binding upon them according to the agreement, but its a friendly gesture or charity I think
|
|
|
Hi bitcointalk,
I want to work online and earn bit coins with it. Is there a way to do this. I mean not that you have to watch a site for 5 minutes and get 1uBtc. I mean a real job, legall or illegal.
Send me a pm or reply
You are making a mistake if you do illegal things for money ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
|
|
|
that would be a neat graph
|
|
|
Hi all, I am totally new to this so bear with me.
My overseas friend's facebook account got hacked and the hacker used her account to communicate with me, pretending to be her and asked for my help to purchase bitcoin as the seller located in my country does not accept foreign currency. To cut a long story short, I believed that it was really my friend as we had always been communicating via FB (since sh'e based overseas) and our last conversation was just a week ago. So I agreed to do her this 'favor'. I purchased 5 bitcoins, which was sent into the hacker's address instead.
I've made a police report, but I would like to know if there is anywhere that I can make a report to 'bitcoin' organisations about this fraud?
Thank you!
Please tell, how did the police respond to you reporting the theft to them? I hope you get your money back
|
|
|
Okay, thank you! This is exaclty the kind of information I need Does anyone other know some more indicators? U may consider the following... 1. Buy rally at BTC China 2. Mt. Gox using Willy botI watched the trading activity at btcchina by looking at the graphs at bitcoinity.org but I don't know if it was really the chinese doing the buying or not i don't know much about willy bot, so no comment there (but I may try to read up on it a little)
|
|
|
|