and most are retarded... i mean come on tobacco coin... alcohol coin... a coin to be used to buy tobacco or alcohol... wake the fuck up. Any alt coin can do this. What makes it specific to tobacco... just because the creator says so? Any crypto can be used to buy goods full stop. You need to create a difference for an alt coin. Changing the POS amount or the POW numbers isn't that. Eth added smart contract and programatic block chain apps etc. Thats something different. Granted it doesn't interest me to invest BUT its different. Sprouts is just another POS coin with high interest rate... yes i do have some but im not going to pull the wool over my eyes in hopes of convincing others so i can profit. Its no different than other POS coins. If a dev is serious they'll do something new and revolutionary with it.

O and adding tor or irc or something stupid like that into the wallet isn't revolutionary... adding something NEW NEW for its use. innovate stop immitating.

Just a small request. Im not a big fan of multi user accounts. Can the Digibyte main account please state with a -username at the end when its not Jared posting. Its more for transparency to avoid the different writing styles and possible acqusations.

E.g.

Blah blah blah Jared will be going to <insert event>
Thanks for your time

- Tina the secretary


I'd just like to see this so people know who is actually using the account. Else it might be better off to leave the digibyte account to jared and make new accounts for others e.g.

DGB_Announcements or Digibyte_Tina etc.

BTW everyone is pushing the known people.

There were LOTS of people behind the scenes that had no public show of face. Vern never visited the troll box and he and others that kept cryptsy running system wise were all hush hush. I'd be pushing and naming the ex workers to name those people. Lots of unknowns still out and about...

I agree this shouldn't be forgotten. I was in the trollbox and saw bit john going on about 2000 preorders needed. They then later dropped it down and said they were shipping and i think they only got 500 but don't quote me on that.

They had all the personal information to make them so where is it now... where are the cards that customers paid for and got nothing?

Also Bit John is scum of the earth. He sees the evidence here of pauls coin moves and all of those insiders still refuse to help the scammed customers... particularly horus who went on record on the radio saying he was going to chase it all down and do his work. He has since done absolutely nothing announced to public just gone off the grid.

They also have many customer details i.e. at the least first and lastname and address not of which i care but such information can only be leaked from them. All the insiders will be accountable for uses of said details for fraud or privacy leaks whether it come out on forums or other marketing if sold as databases.

Now that cryptsy is officially in receivers any use of such information for an entity which they do not work for or control makes it even worse.

Kinda amusing at the time when i discussed with bit john and other cryptsy chatters how you can't just add withdrawal fees and remove trading fees without giving a grace period of like a week or so for customers that do not agree with the new changes to withdraw their coins.

I wish i had saved a copy of it but he bluntly told me

I don't care what you think you know the law the company runs under is usa law not australian law. I told him i don't care what country you are in im pretty sure you can't just take money in then instantly change the fee structure dramatically without giving customers a chance to withdraw particularly those that signed on way before those changes were implemented. I explained what about those that deposited made lots of trades (and got charged for said trades) then you change and now they have withdrawal fees... double charging much?

He told me its in the TOS.. i said so you are telling me tomorrow cryptsy can change the TOS to say 99% fees no in effect to which he replied yes. What a fool. The more i think about it the more i realise how shit the place was with their little inner circle of illuminati wannabes. Mind you i continued to use the service as it was the only lots of alt exchange but kept very little on the exchange (only active trades).

I wouldn't let this go i'd keep pushing about the cards... maybe horus can come back from the dead and "help out" like he said. Someone has those cards in a garage somewhere... maybe they are using them and draining the accounts heh.

Are these the hacker coins from that address paul posted i.e. the fabled 13,000 stash?

If not and its cryptsy coins is it possible that the receivers now have proper control and are moving?

I agree in some parts and i commend you for at least reading here and considering the valid questions and being aware that they aren't being addressed. I encourage you to think very carefully about any investing considering they haven't answered.

I disagree about giving the ico a chance on faith. The ico has to prove itself to get people in... they are doing nothing to prove anything of the coin. Questions are left answered... im starting to strongly think they are aware we have them on masternodes and other things and are refusing to comment or answer questions as its on the record. The want to do it make the $$$ then later say we never stated we weren't doing this or that.

I think its time i post this again as its some questions and statements without the full of shit factor you mention. You'll surely appreciate this breath of fresh air as its a real post with info that should be considered. Maybe you can make another new account to respond to it.

Lets play stats since i like to number crunch a little to help me decide things.

Lets start with some knowns that were stated in announcement and whitepaper

BTC price @ $450
$1.00 in satoshi is 0.00222222
0.20c in satoshi is 0.00044444
0.10c in satoshi is 0.00022222

Ion

Blocks (1440 per day)
- 1 min blocks (60 blocks an hour)
- 1440 blocks per day (24 x 60)

Masternodes
- 50% of block reward
- 1st year is 11.5 per block
- a masternode costs 20,000 ion which is locked whilst in masternode.

Rewards per block
- year 1 --> 23 per block (really 11.5 as 11.5 goes to masternode owner)
- year 2 --> 17 per block (really 8.5 as 8.5 goes to masternode owner)

Premine (10.9 million all up)
- 3.4 million to incentives and give aways
- 2.5 million to bounties and coin development
- 5.0 million to ico customers

Prices
- ico price starting 20c going to 25c
- xpy swap equiv 8:1 around 8c

NOW for the unknown questions
--------------------
- since they are their escrow and haven't detailed how funds are released who is paid and paid what and how often. For all we know the could be their own devs paying themselves "until a decent one is found or whatever". They could pay themselves x to do the clone and change or pay a coin server to make it for a low price x and pay themselves a management fee or whatever.

- Funds haven't been deemed to be in a locked state not used for any other purpose in the meantime so we have to assume that they "can" be.

Ok lets get cracking.....

total premine - estimated deducted
10.9m - 1.25m (xpy swap) - 1.5m (potential sold due to $300,000 figure mentioned @ 20c)
= 8,150,000 ion coins sitting around

lets turn this all into masternodes (to secure the network of course)
8,150,000 / 20,000
= 407.5 masternodes... so lets round this down to 400 masternodes for a nice round calculation remember we are dealing with unknown potentials so lets keep it rough.

OK now lets see what the masternodes make per day. If 1 masternode secured all the transactions then
day value = 1440 blocks * 50% block reward
= 1440 * 11.5
= 16,560 ion generated.

Now the only competing masternodes ARE those that ico bought not xpy swapped (these are locked in 6,9,12 stakers and i'm sure they aren't removable as why would you let customers compete with your sales?).

So customer masternodes assuming 1 person purchased ALL ico (remember being rough so we can get max masternodes customers could have)
1,500,000 / 20,000
= 75

So all up we have 400 company nodes and 75 customer nodes..
company percent = 400 / 475 * 100 = 84.21% approx.. lets round this down to 84%
customer percent = 75 / 475 * 100 = 15.78% approx... lets round this up to 16% so we get a nice 100% combined.

so... 16,500 ion a day in masternodes
company = 16500 * 0.84 = 13,860 (or another masternode every 2 days to increase their percent)
customer = 16500 * 0.16 = 2640 (or a masternode every 8 days to increase their percent comapny is faster)

OK apologies for the length but we are getting there...
- Nobody sells for less than they buy unless its out of fear which is usually after time to transfer assets if unhappy or drops in price in panic
- stakers are all locked in so they have to wait
- most want to stake to return price and make profit
- only those that don't pay for their coins will sell at any price (company)
- company could masternode profit with the capital before use.

So in 9 months there is restricted market competition as long as someone with free coins sold less than those with paid.
Ignore the 8c xpy conversion ones as those are locked... therefore the minimum fear sell value is 20c (or less again if you have free)

Lets assume 20c a coin it stays at max and 5c at min.
If all masternode coins were sold at a point or over time you'd make (ignoring coins made from daily node rewards)
@ 20c --> 8,150,000 * 0.20 = $1,630,000
@ 5c --> 8,150,000 * 0.05 = $407,500

Node profits "per day" if they don't sell any masternodes ... from before
company - 13,860 * 0.20 = $2772 max (6.16btc) and 13,860 * 0.05 = $693 min
customer - 2,640 * 0.20 = $528 max and 2640 * 0.05 = $132 min

therefore you can make in 9 months (270 days)
$2772 * 270 = $748,440 with no real competition then sell masternodes back OR you can make some more nodes sell some as cash.

to buy a masternode is 20,000 x $0.20 or $4000 ... days to break even on it are crazy if you are competing with the above and have 1.. your percent decreases each day as the highers earn more and more to create more masternodes.

Remember only 3 peoples names are on whitepaper.. does that mean the above is split between 3? Who knows there is no full list of the staff and what each does... we only know Richard Nelson = Support Director. Adam Matlack - white paper writer... no other declared role but has involvement.

Closing remarks
-------------------
Does everyone now see how important transparency is? Simple things like tracking addresses and keeping people honest and doing calcs for some due dilligence show you how potentially bad your investment could be. Don't take this as investment advice do the figures yourself and make your mind up but personally with comments like
- we can't trust third parties to hold coins they could run
- refusing to provide info and respond to questions

Can lead to the above scenario of pain. The only people with nothing to lose are those with free premines. Those who spend have to at least make what they buy for with price.

You might say BUT BUT BUT the coin will go up. Well thats great but remember
- preminers have more coins than you to exhaust so can reduce that price.
- pumps can happen by others but again they can sell.

There so data... take it to bits look at it contest it etc.

@MrCoins i assume you did the above and can explain why in your opinion and case it seemed to you to be worth risking with little to no info other than whitepaper.
Be aware this is public info on their site and this topic 1st post so anything others know that isn't available to all buyers i guess is inside information and maybe insider trading?

Comments thoughts etc? Sorry for the long ass post but had to put it all together... this gives people a point to look at AND DEMAND addresses premine burn etc are all public. Garza's stand was we aren't giving it to people just because they don't believe us... those that agreed were fooled once.. time to not be fooled again.

Because when a team member for a project posts one should believe everything never ask questions unless they are nice ones or posts relating to omg i can't wait you guys are going to be awesome?

You are dellusional and live in a world of rainbows and unicorns... this world also is one where you have to make new sock puppet accounts to post. Tell me is there a script to make a new account or does one have to be burdened with making new email addresses, registering and then confirming said account before a post. A fair bit of effort to post something nobody will take serious with the 1 post count.

i disagree for crypto. Check most of the alt coins.. they make them premine or start off get sick of it or no return with their time and just dump it. Sometimes people make fake accounts to float many different cryptos etc.

An interesting article. It does pose some questions and theories.

Perhaps Craig Wright had the idea but couldn't do it himself, i.e. the actual code implementation fell to Dave Kleiman. Based on this article it is plausible that Craig Wright was the satoshi persona and shared the email ability with Dave Kleiman. However perhaps Dave Kleiman actually authored the code and as such held the alert keys and genesis block private keys as well as many of the private keys to the blocks with the funds.

Craig Wright not having this now comes out with some long way round proof as he lacks the keys for actual proof.

And whilst he might infact be "satoshi" or the original satoshi before sharing it he is not the actual "creator of bitcoin" but merely the "inventor i.e. idea behind bitcoin".

That is to say without Kleiman bitcoin would not exist.

I find especially interesting the parts about the USB key that kleiman always had on his person that his past workplace knew about. I think craig wright lacks what kleiman has.

The sad thing is if this is true and craig wright got his hands on that usb or private keys he could claim to have written it all giving no kudos to Dave.

The reclusive kleiman adds to this insane programmer ability too.

If it is true i hope his brother busts that usb key open gets those keys and gets the story straight. Nothing worse than someone claiming fame for something that wasn't theirs to claim.

However it all could be just spun bits and pieces. Wrights wife's comments aren't to be trusted as any benefit and fame he gets works to her. If she knew other wise she's not likely to say.

Interesting times. That $1 billion in bitcoin could hurt going forward. Honestly its better those coins remain holy grail things of legend and never move. Its part of the eco system now since they haven't moved for so long. They need to stay where they are as satoshi and bitcoins legacy.

incorrect its 0 out of 4. It shows xpy has been burned but not by who. Without the posting of the official burn addresses there is no correlation between burn or not. We need to see that its actual burned customer funds for ico swap and not massive initial xpy team hyper generated coins that were burned. Remember they made those coins for free where as other customers bought theirs. If its a trun burn address we should see links to lots of smaller inputs along the chain.

I quoted you so you can see the questions

1) Is the team ion intention to generate a lot of masternodes with ico funds?

2) Can team ion provide the addresses for transparency for all burn xpy and premine ion?

3) What are all team members roles in this?

4) Can you give us the company registration details that team ion said they would quoted by ionomy

There is just some starter ones. You can consider them asked questions or laugh again in a chat channel. Honestly after xpy i think you should take all this seriously. People on the slack are focusing on the haha they are so wrong don't know what they are talking about we are onto something big with ion.

This same thing happened with xpy. Treat this topic as serious for your own good and at least question those you are invested with. If they are as honest and awesome as you all think they should be able to answer these questions all easily. They should answer with direct fact not round about things like "In the next 3 weeks we will be releasing info on the burn addresses...". It takes a copy paste to send the single 1 premine address for ion. Is that so hard they are so busy to do it to give you piece of mind? Even if you don't track it other people will here to give you an idea of where its going and why.

Just remember ignorance can mean you as an investor have a large premine working against you on market sales... do you want to risk a bad actor in the form of the team members driving price down?

Maybe if i did some acid i'd flip out and my split personalities would make forum accounts of their own so i could talk with myself like you do .

Honestly you're the bitter one. You came on your own accord with a bug up your arse from the myriad coin topic. Im not sure if its you bought a bunch and had a cry because myriad didn't skyrocket to make profit.. you saw some whales pump dgb and got your cry on.

Then you tried to rally the troops in that topic who turned around and said you don't represent myriads community because they were ashamed of you. Just let it go man seriously. Or do some more acid. Your call but im not doing drugs.

and then make a sock puppet to only comment on this topic because you're too gutless to use your real account.

No i did ... seriously send you digibytes here

DGPw8zskGkV5az3Gp6Q36iHtfjD4Yxr6rT

Has that ever worked for you bigs? Obviously even a blind squirrel occasionally finds a nut.

May i suggest finding a day job to make money the honest proper way?

Because since eggman its had no dev. Eggman was purely a pseudonym for anonymity so he could make the coin with high inflation mine or buy a few early and ride it out.. he's prolly a top 5 holder.

Yes i know Milly has said he/she is the dev but there has been no real commits or a vetting of the code to ensure its not a rogue dev like legendary coin.

Nothing against milly but im just stating the current actions. This can change.

Anyway thats why nothing 6 months.

Do i personally believe in this coin? No not really its just another clone that hasn't had any real work put into promoting it. Do i have a holding... yes thats why i post here.

Someone either deleted the post (the author) OR ionomy deleted it as the topic starter.

But someone said looks like a transfer coin clone.

https://bitcointalk.org/index.php?topic=1150229.0

This is entirely possible but without the POW phase. Its got masternodes in it and tor included. See above link

EDIT
------------
Likely a report delete OR the author of their post. Ionomy not online since 27th april

True they can control the ingredients. The keyword you used here is "control" a coin should NOT be controlled.. It should be up to the market and players all having a degree of control based on their holdings. I.e. your risk is your control factor. Team ion risk nothing control everything. You have a platform controller, melded with the coin code. They will always accept code changes that benefit their platform and profit. The premine puts them ahead and they have not and i am willing to bet will not show transparency to prevent them making a bunch of master nodes etc.

It doesn't matter if they do anyway as their investors will just latch on and argue and say its for their running costs etc. But these people scream loud because they are "invested" ie have risk as they PAID to be in it. Team ION doesn't. They can basically pay themselves what they want control it how they want to their benefit and they have to and will say nothing. They know their investors will be the ones defending and arguing with people as they have the risk. Once the ecosystem milks down from team ion sales then the original investors will be left with scraps to sell.

To fulfill and make them money they have to drag more investors in that are willing to buy big. Take a look at any POS coin on the market... how many of them have large volumes? That is ions future at present. The investors aren't blind they see this in comments they are just ignorant and refuse to even give this possibility the benefit of the doubt.

If ion was a pure buy coin from the start that had no xpy trade in it would have faired less (well supposedly from their site and btw that isn't a hard fact as it shows nothing but X ion sold i mean i can make a html file that says that). Their hook line and sinker plan dragged more people in that had xpy. They call it helping those that lost out but at 8:1 and the 20,000 needed means 160k xpy needed. Most don't have that and they KNOW that people will buy more to load stakers or get a masternode. the xpy trade was just bait to bring in those that were wronged as customers... its basically preying on the disadvantaged.

If they were serious they would calculate the likely average holding of xpy bagholders and then try to formulate a way of making them competitive from the start with no additional cost. They haven't done this because they want to foster sales and money making.

time will tell as i said history is repeating.

Get satoshi to sign a message with his genesis key stating he is dead.

Wtf is seriously wrong with you. Its just attention seeking and poor trolling. Most people that do leaks do them anonymously but you sir seem to smoke some weird shit then post on bitcointalk. You are good for humour though i will admit that.

How goes big verns capture? did they let you out of the hospital this weekend so you could chase him down?