As this project has a smaller team behind it that some of the bigger names, I'd like to give forum members a chance to nominate themselves for tasks that would otherwise be covered by the 'extra' members of the dev team, namely, promotional aspects, such as Twitter, or even larger tasks if you are skilled enough, such as additional wallet platforms like Android or Apple OS, (you'd need to be able to work with the dev to create a wallet app that would carry the new features due).

I am willing to offer bounties for these things and I would also ask other coin holders to offer to chip in too.

We have a fantastic coin project here, let's all chip in and do our bit(s) <=-- See what I did there?

One of the reasons I encouraged the dev to let me speak about what is coming is because I wanted to give those who have been long-term supporters of this coin a chance to decide if they wanted to get in to this coin more before the new wallet goes live.

It is a way of rewarding your patience by giving you enough information to decide, but not too much that the short-term speculators jump all over it and push the price all over the place.

So there are two factors in play right now. How much you want to be in financially and how much you are willing to do your bit, organisation-wise, in letting him dev while we promote and build the coin's stature so that the new features get the attention they will, quite definitely, deserve.

It's also worth reminding you all about this little fact:


Most of the coins not currently in circulation will be 'mined' by those who are staking over the next couple of years. That's like owning a mining rig, simply by buying and holding BITS.

Ok, I want to clarify a few things here about what is happening with BITS, as I'm sure many of you are perking up at the idea of the coin finally being recognised for the commitment and effort the dev has been consistently giving these last few months.

Firstly, I'm not part of the dev team, I'm just someone who threw a few ideas at him a while back to see how he would run with them as this coin has always struck me as solid, but oh-so-quiet.

I have to say, right out, I absolutely disagree with his comment that the new features will not be a "game changer". In my honest opinion, I believe they are going to do exactly that, for BITS and, when they can figure out how to do it, other coins that will no doubt want to snatch some ideas from the new BITS wallet.

Whilst I do not feel it is my place to discuss the specifics of what is coming, I am able to confidently state that some of the new features will blow your tiny minds.

To give you a better idea of the direction I believe this coin project is going to go in, I would say look towards those other, more well-known coins, that are bringing value-added services to their stable in order to provide better functionality and greater utility. Whilst some of the new features will be centralised and managed by the dev, for now, the long term goals are to incorporate them into p2p decentralised structures.

I am sure you will recognise that it is far more valuable to have the features made available now that can bring so much more value across the board, to this coin, than to hold back and wait until the p2p advancements allow them to be implemented.

Whilst some coins are obsessing about Anonymous transactions, the rest of us just want something we can use, that we can play with and create a market for. That isn't to say that Anon isn't going to happen, it's just not what is going to elevate this coin above the rest.

Speaking of Anon, I had already mentioned to the dev that his continued anonymity might cause some reservation in those who would otherwise back the project and, like most of us, whilst he did think about it, he has said he *really* would rather not have to 'out' himself on the internet. I think this aspect is still a little controversial but I do absolutely understand, given the nature of some of the psychologies on display around this forum.

What I would say, instead, is that maybe we need to help him out ourselves in this regard and find some people who would be willing to become the public face of this project. That way he could privately communicate with them and keep his personal details offline, while the coin would gain a better image.

No, I'm not doing it, you lot are 'mostly harmless', but some are batshit crazy.

So, now you know that things are definitely going to step up a gear, it's time for you to do a little more than HODL, you are going to have contribute ideas and make a little effort to allow the dev to do his dev thing while the promotion and marketing and whole 'social network' stuff, can be down to the rest of the BITS community.

He is right about the "Yeah and he was vaping constantly!!!1111111!1!!!" comment, which immediately highlights the entire piece to be nothing but an ad-hominem attack.

Pseudo-journalism.

Any chance you could expand on this Pat? What 'attacks' are these and how does this affect the job that they were hired to do?

Still no answer on how Law Enforcement will be able to trace transactions but Joe Public won't.

*sigh*
Like I haven't posed enough already that you've ignored?

Ok, let's try again if you genuinely want to attempt to pretend you're willing to address them:

1. The pre-mine isn't the issue when you've got the equipment to mine the shit out of this coin, so you want us to just take your word that isn't exactly what you did? Screenshots where you show us one of your mining accounts are meaningless when you could easily create multiple accounts to mine with.

2. How does Law Enforcement get to track transactions but Joe Techie can't?

3. In that I know the answer to question 2 is that Joe Techie will be just as capable as tracking transactions as LE, what's the point of basing your entire coin tech on perpetually moving coins around these 'Trust Circles' when it doesn't actually accomplish anything?


As for the rest of you, The Emperor wears no clothes and you want to make *me* out to be the bad guy because I'm pointing that fact out to you?

If the OP proposed something that was worthwhile then it would be a different matter, but it doesn't. It talks 'Trust Circles' for not-really-Anon mixing, resulting in a blockchain that is going to require a new coin to be launched every year, for no good reason.

That's it. Yet I'm the bad guy for making you rethink your "Shut up and take my money" attitudes?

Let me just remind you, the WHOLE point of this 'Trust Circle' nonsense is to create an Anonymous transaction system, right?

Except it isn't Anonymous beyond a cursory glance.

So coins get sent back and forth, to and fro, doing something completely pointless because, as has been acknowledged already, it is NOT Anon.

But what I find disturbing is the casual reference he makes to how this non-Anon system will keep casual observers out "but not Law Enforcement". What aspect of 'Law Enforcement' tech is unavailable to anyone who can put together a blockchain-interrogation script?

What magic element would LE bring to the blockchain analysis that would otherwise be keeping Joe Techie from doing the same?

He is making grand promises about a coin being created that keeps the 'bad guys' from hiding their shenanigans in it, but the 'good guys' can rest assured that their transactions will be sort-of-Anon.

'Bad Guys' V 'Good Guys', but who watches the Watchmen? 

My point is that one man's 'bad guy' is another man's 'rebel' and vice versa, so it is utterly nonsensical to claim you can create a coin that will keep the 'good guy' transactions a secret but allow Law Enforcement to see the 'bad guy' transactions.

He is selling fairy dust.

'Mitchellmint' isn't even a business, he's an IT guy for a car dealership
http://www.linkedin.com/in/yellow67r
who also apparently happens to own a shit-ton of graphics cards to mine the hell out of the coins he 'launches'.
https://twitter.com/MitchellMint


You lot watching the pre-mine? He don't need no steenkin' pre-mine! He'd have been all over the short POW stage of his coins.

So there's the 'official' MitchellMint twitter, but also his own: https://twitter.com/yellow67r

Sure, you might say, "CryptoDevil, stop being so hard on the kid, he's just trying to make his way in the cryptocurrency world, like the rest of us" and I'd reply by pointing out that if you are trying to convince people that your coin project is valid, solely on the basis that you are claiming to be a 'rich and powerful' stud-muffin, when you're not, questions about what the hell you are thinking with an Anon-but-not-actually-anon mega-bloat-blockchain, need to be answered.

Ok, try digging a little deeper into this guy's posting history, he sounds like a meth-head suffering from delusions of grandeur:
Here he has 'decided' that The Federal Reserve needs to adopt his '12 coin' plan:
https://bitcointa.lk/threads/us-districts-coins.335502/

He even goes and links to a handy googledoc file

Barry, have you even bothered to check that link I posted?

This isn't about my pride, this is not FUD, this is fact. The guy is exhibiting all the hallmarks of a scammer, but you want to just dismiss everything I have highlighted without even considering it?

Wow, you are unhinged, this reply speaks volumes.

But for anyone else who doubts my appraisal of your mental state, well, they would be advised to check out this little gem of bizarre delusional nonsense you posted at the end of June: https://bitcointa.lk/threads/pre-ann-mmx-mitchell-mint-coin-100-coins-100-premine-hedge.334266/

Either you are mentally unhinged, unable to even bring yourself to acknowledge that your intellectual dishonesty is being exposed, or you are just plainly dishonest.

Either way, you do not deserve a free ride to rip people off. Your evasive behaviour is the hallmark of a scammer. You are not the first I have challenged and you, unfortunately, will not be the last.

Your responses now are as mature as those you gave earlier when spouting off about how rich and powerful you are with your ex-model 'Siberian sniper' wife who drives a Maserati to the shops to spend your money, albeit you couldn't actually spell Maserati correctly.

Oh you read them, I do know that. You just didn't know how to answer them because you don't actually have a reasonable answer to give and so you hoped you could just ignore them.

It's like cut-and-paste behaviour across the numerous fraudulent coin threads I have witnessed over the last several months. All you need now is an army of drones to post mindless meme pictures to bloat this thread like you propose to do with your Anon-but-not-actually-anon blockchain and you'll be complete.

Yes, because whatever you do, you must fill this thread with meaningless praise for positive posts so you don't actually have to answer any of those awkward questions I posed to you earlier, right?

So you're just going to ignore the fact that Patrick Nosker was simply pointing out that TOR integration isn't anything special, rather than claiming VRC to be on TOR? There is no benefit to being on TOR if the blockchain is still listing all the transactions. IP-associated addresses aren't the problem, coins actually being used on exchanges or on vendor sites, is what leaves massive breadcrumbs everywhere.

So only if RZR is never used, by anyone, on a centralised trading exchange or for doing any purchases outside of the promised p2p marketplace, that we've yet to see, will protect the blockchain from meaningful interrogation? Mmm, yes, sounds likely.

Ok, which points have I raised do you consider as not being valid?


Oh I don't doubt that I am not welcome here, but that doesn't actually answer any of the questions I have raised now, does it?

So which part of me questioning your logic behind proposing a pointless non-Anon automatic-mixing system that massively bloats the blockchain for no good reason do you consider you answered? I don't see any answer you gave to that question.

Or your claim that 'someone' from VOOT will welcome enquiries from Law Enforcement to reveal the transaction connections behind the Anon system they propose? Where did you answer that?

He wasn't looking to 'fix' anything, he was simply proving that operating in TOR is not 'cutting edge of technology'. You simply release a new coin's client with the requisite TOR bundle and default the proxy through it. Voilà, new coin now has all clients on TOR.

Hardly inspiring.