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1341  Alternate cryptocurrencies / Altcoin Discussion / Re: Successful Attacks on 100% POS-coins on: June 29, 2014, 09:58:24 PM
I would really, really like it if some serious BTC/LTC whales could pool all of their funds and launch a 51% attack on NXT....please, do it for the kids.
Make the nasty NXT go away....... Roll Eyes
1342  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT WHY ALL THE HATE on: June 24, 2014, 11:38:42 PM
The hilarity continues.  The persona 'poofKnuckle' is a long standing member and pillar of the NXT community.  Evil Dave is also trying to get people to give him more money.

https://nxtforum.org/general-discussion/is-the-word-%27muslim%27-not-allowed-here

-bm


You're an idiot.  Too dumb to know that giving your sockpuppet one of the names of Allah was a major insult.

And on the getting people to give me money thing: what are you on about ? Another one of your moronic lies.
Hey, maybe I can pretend to know how to code, accept a job, then cry like a baby and run away. That should do it......
1343  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a payment processor that supports buying with ALT crypto-currencies ? on: June 23, 2014, 02:38:02 PM
GoCoin.

https://www.gocoin.com/

BTC, LTC and DOGE so far, NXT coming soon......
1344  Alternate cryptocurrencies / Altcoin Discussion / Re: The Crypto Kangaroo Court of BlueMeanie1 on: June 23, 2014, 07:39:40 AM
Whatever the ins and outs of the NXTautoDAC project, BM is a thief, pure and simple.
He recieved payment for his work, then had a brain fart, declared the entire project to be a scam, delivered nothing and took off with 1 million NXT that he has, so far, refused to pay back.

The NXT community is not the only group he has ripped off and attempted to disrupt, so I strongly suggest that no-one believes a word he says.
Do not enter into any form of business arrangement with this person, everyone I know who has worked with him regrets the experience.

He is not 'extremely good at crypto-currency engineering', he appears to be unable to actually deliver any code at all.

Joshua Zeidner, probably the worst coder in the world.
1345  Alternate cryptocurrencies / Altcoin Discussion / Re: Come-from-Above == TaunSew -> NEM Conspiracy? on: June 23, 2014, 12:42:32 AM
BCFrictionless..........great name, much LOL!

Er...do you want an in-depth text analysis on both accounts or shall I just save time and declare them both to be completely hatstand now?
1346  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GATHERING] define on: June 21, 2014, 06:48:11 PM
Interested!

(Sorry, couldn't resist...)

Yeah, it's nice to see a reasonably sane and possibly even professional approach to building a new crypto.
If I had any free time, I'd contribute....as it is, I'll follow with interest.

Good luck...


EDIT 20/09/2014:
See, I told you so......Bitmark rules.
1347  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT WHY ALL THE HATE on: June 21, 2014, 06:40:52 PM
I heard the NXT initial distribution was only among the founders
false Wink

He's right....NXT's 1billion coins were distributed to around 6 people...Worst distribution ever. Now they own all of NXT and dump whenever the price rises a little.
Damn, he's dumb.....
1348  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 20, 2014, 10:10:54 PM
And, lets face it, NXT has proved remarkably resilient so far.

We know that there are people running rainbow table attacks against the NXT blockchain 24/7, still hoping to exploit an old flaw in password security.
Try placing NXT on an account protected by the password "dog" and timing how quickly it vanishes......

But that is, touch wood, the only successful attack vector found. If any of these theoretical "nothing at stake" attacks worked, someone would have done it by now.

Moving back a post: I've had enough hassle about the NXT 'IPO' to last me a lifetime. If you want a full rebuttal on why the initial distribution no longer really mattters, I'll leave that for someone else.
I just gotta say that it was NXT that sparked off the IPO trend in crypto-land, god help us.
And it seems to have worked well enough...... Grin
1349  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 20, 2014, 08:09:29 AM


These posts, although unpleasant, are also necessary to learn and grow. If we don't understand what we are doing wrong we will continue to do so.

One of the main differences between Nxt and XCP is that NXT has a central lead, someone who is directly responsible and invested in the success of the currency. With XCP no one person is any more invested than the next. We all stand to gain and lose just as much as we invested.

NXT has someone to say "hey, this is a problem, so we are going to do this". Where as XCP doesn't have that central lead or authority. This was the decision of the developers to create a grass-roots free-growing enterprise and only the future will tell how it all turns out. I don't support this model and in the past I have voiced my opinions on the subject so I wont rehash them. It's also important to understand that NXT isn't limited by outside factors (BTC). NXT lives and dies by its own decisions. It is not arbitrarily limited or denied (OP return anyone?) by external forces (BTC developers). The initial XCP developers chose to attach this project to BTC for certain reasons and it was their right to choose so.


I've got to address this: No gods, no kings, just NXT.

NXT is as completely de-centralised as we can possibly make it, there is no overall leader or even group of leaders. Makes life harder when it comes to making decisions sometimes, but it's worth it.

Come on over to our funky little forum:
www.nxtforum.org
and see how NXT rolls....



Hard to argue with that.

Yeah, well, except for the slavery part. The guys who built the pyramids where free craftsmen working for good wages and the sheer glory of building big things.



1350  Alternate cryptocurrencies / Altcoin Discussion / Re: [NFD] NFD Complaint, Criticism, Etc. Thread [UNMODERATED] on: June 20, 2014, 07:53:54 AM
Just a heads-up from the Nxt world:

If you haven't seen this thread, please check it out:

"Big scam in NXT hundreds of BTC stolen with a one post"

Best estimate is that a scammer stole ~200 BTC from trusting Nxters through the Asset Exchange. The amount stolen has made the fellow who scammed us look like a small-change hustler...

Thankfully, this is one kind of "scam-dal" that has not plagued the NFD world! But please read through it and take it as a reminder to be on your guard. The trouble with the Asset Exchange is that it's 100% trust-based at the moment.

So, in the abstract, that big Nxt AE robbery was entirely foreseeable...but still...

So please be cautious. I don't know if it's me, but there seems to be a whole new crime wave directed against Nxt & its clones. The crypto world, at least seemingly, has gotten more dangerous recently . "Safety first" is inconvenient, but it doesn't hurt. Smiley

EDIT: Please withhold your judgement about the incident until all the facts are in. I meant for this post to be a "it can happen to you..." cautionary note, and nothing more.

A little update on the above: The scam was not pulled off thru the Asset Exchange. It was a pretty simple forum account hack followed by some sneaky social engineering: the forum account belonging to JustaBit was used to post a request for an immediate investment opportunity and asked people to simply send BTC to the posters BTC address. Not a very innovative scam, no actual hacking skills needed apart from obtaining the forum password, and there was no compromise of the NXT AE technology or any part of the NXT network. So NFD is also safe, in case you were worrying. The sneaky bit was that the scam was started at roughly the same moment that JustaBit got on a trans-Atlantic flight, so he was completely out of contact for half a day.
The total BTC netted was actually round 78 BTC, which is still very painful for those concerned, but thanks to the quick actions of forum members the scammer didn't reach the 400BTC target she/he/they/it were aiming for.

The lesson is: no matter how much you may think you can trust a forum post, do more investigation before handing over funds or insist on reputable escrow.

On NFD...good job, guys. Really.
I'm running an NFD forging node 24/7 since the launch, and I might set it up as a public node if I'm feeling really generous.
Has NFD had any changes made from the NXT network architecture, apart from port assignments?
1351  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 18, 2014, 11:04:08 PM
Lol at hack story, John hack himself

For anyone who wants to earn some Nxt: https://nxtforum.org/pub-crawl/10'000-nxt-for-speech-analysis

So they're putting bounties for people to chase forum members that point out negative facts of their project? do boring things with text to find sockpuppets.
This is ridiculous, what's next? Bounties to kill people that spread fud? ffs
FTFY

Over react much?
1352  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 10:45:41 PM
I can't believe how 2 weeks old member of community could get 1M NXT for development  Huh

What can I say ?
BM/Joshua seemed sane at the time, and a competent Java dev. He was working on a potential goldmine of a project.....
1 megaNXT still seems like too much to me, tbh, but it wasn't my decision.

But then the silly bastard has a sudden attack of lunacy, decides that the sky is falling, and then runs off with a big pile of cash that he recieved in payment for work he hasn't done, leaving a project and its investors in trouble.

Stylish, BM, very smooth and professional.

I'm not sure if he really can be linked to the John attack, seems like coincidence, but if he is linked, then we move up into legal action territory.
Who needs TV when you have NXT......
 
1353  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Ethereum destroy NXT by simply having a FAIR launch? on: June 17, 2014, 07:32:23 PM
Ethereum is going to allow everyone to be able to participate, it will be well distributed for everyone without 50x profit instant for insiders.

Ethereum > NXT.

Can't wait to buy Ether along with all my BTC, LTC, DOGE nrothers who care about a fair launch and not just cutting people's hearts out and stealing their money like the NXT leader just stole $250,000.00 cash on a fake trade.  Now he is saying it is a hacker - but even if you believe that lie it means NXt is not secure.

Idiot. Not leader, not $250,000, not thru NXT.

Really, you know the facts, which are shitty enough, btw, yet you still come up with this hopeless FUD?

(Nothing against Ethereum, btw, interested to see how that pans out in the future)
1354  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 07:48:21 AM
If this john fellow was in fact a scammer than that is unfortunate, but what does this really change? is the code any different than it was yesterday? is the technology any different? did we suddenly not solve the proof of stake problem? everyone should quit being so dramatic and just for christ sake, use escrow next time.

+ 10

Due diligence.....and don't trust any one who says that you can trust them, just send the money ASAP without escrow, please.
And stop referring to John as NXT's leader......just shows that you don't understand NXT at all.
1355  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 01:15:08 AM
John (Peter Manglaviti) was essentially the public leader of NxT, he was the one who represented NxT's booth at several public conferences / expos and seminars and he was the man the public dealt with.  For all intensive purposes, while he may not had been a developer, he was essentially the public face of NxT.  He was the man the public saw at anything NxT and he was the one persuading people to buy it.


You assume it's just the BTC stolen.  Probably ran off with all the NxT he collected as well.  You assume "John" (Peter Manglaviti) is his real identity.  Linkedin profiles are easily just as faked as Facebook profiles.  The best fake linkedin profiles are those which combine truth with outright lies.

John wouldn't be the first person who thinks he can scam investors and get away with it.  After all, has the Visacoin guy gone to jail yet?  Has anyone actually gone to jail?  Even just one person?

 The statue of limitations for these sort of crimes is 7 years or less.  The time to investigate, acquire the evidence, book a court room hearing, et cetera, can take years, that's even IF the police can be bother to actually to issue a warrant.  They generally don't go after 'small fish' like John.  


 The only people who have been arrested in crypto currencies has been people like Charlie Shrem and mainly due to drugs / DEA.  I've yet to hear of a crypto scammer who has gone to jail, even with their personal details wide out in the open.



This guy is the major public face of NXT.
He was at the convention booth promoting NXT as the public face of NXT.
Again - proof NXT is to the core a scam - he knew it and wanted BTC only.

Lots of people have represented NXT.....and John has represented more than NXT as well. Johns done NXT promo at Miami Bitcoin, TrekCon and PayExpo, so he's been present at less than 50% of the conferences NXT has attended, and always as part of a team. There's no way i'd call him the public face of NXT, let alone leader.

He and Cointropolis do have their own agenda, but up until now Cointrop and NXT worked well together. Hopefully still will in the future.
Personally, I find it very hard to believe that he ran the scam himself. Even if he netted the full 400 BTC he was aiming for, thats still only $240,000.
It's enough to have to run quite a long way to get away, but not enough to get you very far.

But: He and Cointropolis stand to gain so much more than that over the next few years, as crypto hits the mainstream. Even if NXT disappeared up it's own Genesis block tomorrow, Cointropolis could move on to represent other coins, 'coz thats what they do: alt-coin PR agency.
Being caught scamming so openly would be the end of their reputation and business, and that biz could be huge.
Johns not stupid, I can't see him throwing away massive longterm potential for short term gain and a massive shitstorm.

I'm going for the sneaky NXT insider/hack theory, until I see any actual evidence one way or the other.

 

1356  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 16, 2014, 11:02:29 PM
NXT doesn't care, NXT is a technology, like any other, and better than most if not the best. NXT/BTC going up steadily.

+1

+2

+3
1357  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 16, 2014, 11:01:17 PM
As a proud NEM stakeholder....blah, blah.....I still have one question:

Can anyone actually tell me wtf UP actually did ?
I've seen everything from "oh, it was only one sockpuppet he made by mistake" up to "UtopianFuture makes $100,000 sellling NEMstake, then disappears in a puff of smoke"

So I'm curious as to where the truth might be.....
1358  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 16, 2014, 10:49:16 PM

Hi Tai!

when are you posting this video to the internet for everyone to view?

-bm


1.  I want to let everyone know that myself, QBTC, Uniqueorn, and Damelon have been on video conference with John to investigate this matter.  The others will confirm what I say when we finish the talk with John.

2.  We are trying to be as neutral as possible to investigate this matter.  So far John has answered all our questions and has been very cooperative and has not been evasive in his answers.  He has been open to volunteer access to his personal emails, computers, etc for forensics review.

3.  We will figure out what we need from John to investigate this matter further and he is being cooperative and open to give us access to his personal accounts because he wants his name cleared.

Please give us some time so we can review and research this matter.

Thanks for your patience.

Tai Zen

BM....u cannot expect that they recorded the conference call ?
Sheesh....I'll trust Tai Zen and QBTC to figure it out.

EDIT: I mean it, QBTC is very seriously straight. She's worked with J+Cointrop (and a lot of other people), but that won't be a factor.
1359  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 16, 2014, 10:45:48 PM
I had a bad feeling about that guy from the start.  Most of the NXT people talk it up, but he was screaming how great it is.  Anytime somebody is screaming on these forums I think it is a scam.  But so far all the NXT people have been really honest and generally involved in the tech.  This guy though didn't have anything to do with developing.  So sad that one guy can pump the price so high and then rip people off.  

It was a hacker which toke the control of Jhon's account, wasn't it? That could happen to anyone.... what we should do now is verify the identity when one of the community members asks for this amount of money.
It was a Hacker which have nothing to do with nxt security or the integrity of this guy... Is like one reputable member of btc community get hacked and ask for funds, no one doubt about his good intentios and everyone send money thinking that is the real account owner

There's no ascertained hacker - only speculation at the moment as no one can apparently get a hold of him.  John is apparently on the world's longest flight, probably has zipped around the equator a few times.   Wink

Shouldn't people have John's phone number?

BM's theory is likely the correct one - John is a crooked guy who saw an opportunity to build hype and now he's gone (in the wind) with $200K+.  He'll probably infiltrate another coin community and try to get money off them.


Here are some observations:

1)  It appears the majority of the btc in the account belong to the scammer and was used to "prime the pump" and create a sense of "social proof" to make it seem legit.  The bitcoins were sent into the account in roughly 3 min and roughly 15 min intervals which is weird.... statistically, it doesn't appear to be statistically probable that random people around the world would just send btc in precise time intervals like that which leads me to think that probably 175 of the those 202 btc already belong to the scammer.

2)  There has NOT been conclusive evidence that John Manglaviti is guilty nor innoccent.  I have friends sitting in u.s. prisons for being accused of drug crimes in which they did not commit or even know about so let's make sure we have irrefutable evidence before we start making judgement or accusations.

Having "feelings about the guy" or he "screaming about how great he was" will probably not constitute as "evidence" in most people's eyes or in any court.

3) I personally know that nearly half a dozen people are in direct contact with John investigating this matter at the moment and they will probably share their findings once they have some solid proof of guilt or innocence.

4)  John is not the "public face" or "public figure" or "leader" of nxt.  We have ricky james, myself, brian snyder, etc. and many others who have spoken publicly about nxt.  does that make us the public figure of nxt? probably not.  all it means is that we spoke about nxt in public.  Don't kid yourself about this "public" or "leader" nonsense.

5) Some say, "The statue of limitations for these sort of crimes is 7 years or less."  This is not true. In the U.S. if the police does not know that a crime existed there is no statue of limitation.  A statue of limitation begins when the police are fully aware that a crime happened and chose not to pursue it. in this case, a crime has occurred but no one knows who is the perpetrator so the crime can be picked up at any time when the police decide to investigate it.

6) The nxt community is made up of very talented and smart individuals n fairly experienced in crypto.  Accusing the nxt community of being foolish about giving up 200 btc to a scammer is retarded especiallly when the majority of the btc in the scammer's account was owned by the scammer himself.  Let's not make a mountain out of an ant hill.

7)  The best way to clear up this mess n move on is not to make accusations but to put yourself in the shoes of John and ask yourself.... if you were innocent... what would you do to provide conclusive evidence that you were innocent to the community?  Then ask John to provide the evidence.
If John is guilty then I do hope he gets what he deserves.  However, if he is innocent, it would be a shame to slam an innocent person with a lifetime ban in crypto.

My comments here are just my opinions based on the experiences I've had with the U.S. federal court systems.  Do not think that I believe John to be innocent or guilty.  I am simply stating what i observe and investigating the truth as well.

Tai Zen



Time for a swift quote from Tai Zen methinks.

I am surprised that we still have posters on BTT who keep on trotting out the old "NXT is a scamcoin" routine. You'd have thought they'd have given up by now......

Anyhow: this scam had precisely f**k all to do with the NXT technology itself. Just people, mail, forum, Twitter, and BTC....NXT hardly got a look in.
1360  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NFDv2] - NXT fork - NFD distribution - Launch Date 2014/06/15 on: June 16, 2014, 09:00:41 AM
AE seems to work fine, created and issued EvilCoin in about 5 minutes.
(er...i mean, about 5 minutes to list it on the AE, after i spent the last 6 months carefully handcarving each individual EvilCoin from industrial grade naughtytanium..... Cool )
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