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Alternate cryptocurrencies / Altcoin Discussion / QTM Scam - Not only do they scam you - they blame others for their fail
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on: July 15, 2014, 05:25:56 AM
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So one of their crack team says I mined a hidden block somehow...
1) there is/was no hidden block
2) there can only be 1000 blocks @ 10K each - hence 10 million coins, hence any "hidden block" would be nullified as again - there can only be 1000 mined blocks PoW
3) main.h is correct - 10,000,000 * COIN is the max money
4) they talk about things that they don't understand - util is telling us the value for display of the coin - hence instead of doing something like 100 * 1000000 to convert an int64 as 100 instead you multiply 100 * COIN (which has a value of 1000000) hence max QTM IS SUPPOSED TO BE 10000000000000 expressed as int64
And finally - if one runs getinfo in the old QTM client - there is LESS THAN 10 million coins because of transaction fees that needed to be paid to ensure large transactions I sent to the QTM team were not delayed - I had many issues with this client and blew the original wallet up and likely lost a modest ammount of coins in the process (thousands)
I made this coin, i mined this coin, they tried to send me 10K QTM and .25 BTC AFTER I tested and made numerous changes for near 2 1/2 weeks. And made how much on the "IPO"?
IPO = scam = illegal where I come from
Then when the price tanked (who would hold QTM when BTC was rising fast??), they invented a hidden block and blamed me.
Thats slander where i come from.
"invest" with these clowns at your own risk (you will lose no doubt)
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Economy / Services / Easily earn BTC by helping Fluttercoin create a profit switching multipool
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on: April 15, 2014, 03:52:42 AM
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Basically, the Fluttercoin community wants a profit switching pool that trades for BTC, and then uses the BTC to purchase FLT. This is the key - that all mined rewards are traded into FLT.
Fluttercoin has traded a volume over 1 million USD in the past 24 hours with a hash-rate between 5 and 20 gH/s
If you have a mutlipool or code to run such a pool, its really easy money for you, as the first with such a pool will be king especially after FLT rewards start dropping steadily in the next few weeks.
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Bitcoin / Mining / To start over or not to start over after theft
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on: December 17, 2013, 06:03:27 AM
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So long story short, lost roughly 120K worth of coins to theft. Everything I had. Basically gave up after that and sold all my mining equipment, etc etc.
I am looking to maybe get back into mining, but is it even worth trying to buy into one of the pre-orders (seeing the only available are 2nd batch pretty much)? anything currently available will be worthless IMHO in a month or two (the 25 - 40GH variety miners). But then again, in a few months 300 - 600GH will be as well.
Kind of on a low budget at the moment after that loss, so trying to decide if its a better bet to invest in BTC or invest in mining equipment. I know I will never get the 120K back but who knows maybe if I hold even 10BTC they could be worth 10K in a few years...
What do you think? is this a rich man's game at this point?
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