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Author Topic: Evidence | Is HongKongCoin Dev team the Bittrex & Poloniex Imposters in Forum?  (Read 2879 times)
cryptobuddy (OP)
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April 09, 2014, 03:32:31 AM
 #41


Yes, it is impossible to trace the premined HKC. Thanks for listing all search outputs here.

The HKC block chain explorer is problematic. It never gives you a correct wallet address. All HKC wallet address should be starting with "1", but all HKC wallet addresses in outputs are starting with "2".

I have pointed out this problem before in HKC ANN thread before. Unfortunately, people there just said that I told lies and made this up...  This is really crazy that truth is being buried by tons of lies. I am so glad that MiningViking also found problems in HKC blockchain explorer and posted the output HKC wallet addresses, and then proved that I was not telling lies (well.. at least on the problem of HKC block chain explorer).

I also think that something has been hidden. This is why I refused to do auditing for HKC dev team. Even I found some problem. People there will just say again that I am telling lies and make this up...  Truth will be again buried by tons of lies.



Nothing has been hidden, the only thing that has been exposed if your lack of understanding.

The block explorer was created as part of a bounty, We do not run it.  If it is not functional, then install ABE for yourself, so that you can do your research.  Go and find someone who knows how coins work, and ask them before you keep making yourself look stupid.


This is a good excuse that the block explorer is not run by HKC dev team, when people have found that there are any problems. All coin team dev should have the responsibility to find someone to make a functional block explorer for public use.

Obviously, HKC dev you do not think it is your responsibility.    Then what is your responsibility? How do you think HKC can make a revolution in the HongKong financial system when you are not responsible for this and that?  Huh

Everybody in bitcointalk knows who is stupid.
HKC dev cannot even differentiate the differences between the wallet addresses starting with "1" and those starting with "2".  LOL  Grin
cryptobuddy (OP)
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April 09, 2014, 04:29:58 AM
 #42

Premine dumped, dev buys 25 sacks of rice and live happily ever after.

Out of curiosity, I checked how much the premine is worth. The 25 sacks of rice may be optimistic. Even if the dev cashed out the entire premine, he might get enough for a couple of meals at a restaurant? That assumes the premine numbers are accurate.

If the dev is scamming anyone, it'd be like the most pointless scam ever.

The answer to your point is very simple. Let's imagine for HKC with max of 600 millions, block reward of 6000, and 2.5% premine. It will end up 15 millions HKC.

Auroracoin has a max of 21 million and 25 coins per block. From the technical point of view, 1 HKC is equivalent to 0.119 Auroracoin.

Auroracoin had a max market value of 0.1 BTC per coin in early March this year. If HKC reaches similar value, 2.5% premined HKC will have a value of 178,500 BTC.

Now (8 April) Auroracoin has a market value of 0.0035 BTC per coin. If HKC reaches similar value, 2.5% premined HKC will have a value of 6,247.5 BTC, which is still a good sum of money.

Unfortunately, as of now, HKC has a market value of 3 satoshi per coin. Then 2.5% premined HKC has a value of 0.45 BTC.
Yes, it is a pointless scam at this moment, but this is not HKC dev's original target.

Luckily miners/traders here understand that HKC suffers from various problems (coingen coin, problematic faucet, no integrity, problematic block explorer, etc), and understand that HKC is SCAM.  


HongKongCoin
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April 09, 2014, 10:52:11 AM
 #43

Please don't try to distract people by using emotional tactic (nationalism or racism).

So basically, you don't think there is any need for auditing, and you want to do any auditing on the 2.5% premined coin.  This is where the SCAM is.

Furthermore, you know your faucet is vulnerable, and you still have chosen it to "distribute" HKC to HK people. This is lack of responsibility. Moreover, this can give you room to escape any bugs found by auditing (in case it happens).  This is where the SCAM is.

Last but not least, 2.5% premined HKC is not a small sum of money if HKC project succeeds.  Here is my analysis:

1. HKC has max of 600 millions, block reward of 6000, and 2.5% premine. It will end up 15 millions HKC.

2. Auroracoin has a max of 21 million and 25 coins per block. From the technical point of view, 1 HKC is equivalent to 0.119 Auroracoin.

3. Auroracoin had a max market value of 0.1 BTC per coin in early March this year. If HKC reaches similar value, 2.5% premined HKC will have a value of 178,500 BTC.

4. Now (8 April) Auroracoin has a market value of 0.0035 BTC per coin. If HKC reaches similar value, 2.5% premined HKC will have a value of 6,247.5 BTC, which is still a good sum of money.

Unfortunately, as of now, HKC has a market value of 6 satoshi per coin. Then 2.5% premined HKC has a value of 0.9 BTC.
Yes, it is a pointless scam at this moment, but this is not HKC dev's original target.

Luckily miners/traders here understand that HKC suffers from various problems (coingen coin, problematic faucet, no integrity, problematic block explorer, etc), and understand that HKC is SCAM. 



No, I do not think there is a need, because the premine is too small to even cover my expenses. My worries are about development, which is why i chose a small premine. Again, many coins with small premines do not audit. Why have you chosen to target me?

Like you said, HKC value does not merit a scam. HKC value does not merit ongoing development, which I have done.  The last patch I have applied to HKC is worth more than the premine. So why am I  doing this "pointless scam"

Isn't the point of a scam to make money? The fact that HKC is low value, yet I continue to support it, is my proof that I did not start HKC for money.

It is my proof that I started HKC for love, because its in my blood.

Again, the faucet is not vulnerable. It works like a standard faucet. You chose to exploit a weakness of all faucets.  Everyone knows a faucet can not distribute perfactly, thats why I didn't put 50% in the faucet. Your attack could be made to any coin. Again, false "evidence".

Lucky miners understand that I have invalidated all of your "evidence" yet you continue to repeat it. Because that is your tactic.



Also here are the first 50 blocks of the mine. With all block addresses, and a picture of the wallet because of Vikings statement.




TRUE   2014-03-06T21:13:52   Mined      1DpXWreJrQVS14ws8TermynEi4MpAdFqAp   6000   a7be39451afa4c87361ff0adc24451131cb0919e0e13cf5a5e1bed1ab8f9a33b-000
TRUE   2014-03-06T21:13:52   Mined      13Vo5DZ9JBoNQwHjPuhCiNGEPaM2jYh2Dk   6000   c39f90b0852f8cd60164f2db21ea07d2e577e2f83d6366e594dfd233453430e5-000
TRUE   2014-03-06T21:13:49   Mined      1AtVGDdD2UL7H2soUSwBCynX55FdhtsTAY   6000   26484ef002240c66c284820261be37285803eef3de010b6ca3983e32f6cdbe1e-000
TRUE   2014-03-06T21:13:44   Mined      1MkNbbRXWuupJJa1Nye5rULcBqcKJ2E9yx   6000   1d09bc4e3539167bbfe10bef5bfb26e76b1af1f99679ac6813b27e2a94c94119-000
TRUE   2014-03-06T21:13:30   Mined      195YvXMQ9yvqREscxXbMAhzx68F6HT9PV1   6000   c44f1a5c63c3ec0c35ac79c96b9347b0d83ec04da5b5d7f7aa158aeb494ebbde-000
TRUE   2014-03-06T21:13:14   Mined      1L7W2dDbu5ZXKiJxWfGFDAuRrWUkRonx2T   6000   1b150e287c73a0732d31df4a8e9395fc28caf919f4a37b5719249425d680cb2d-000
TRUE   2014-03-06T21:12:43   Mined      1FYugoP57FrtvzK2if3kYsPh4Chpyhr9Nt   6000   6f4e33ffe5d78167ecdebcf36f99e64922c1d38e4f6d5d6be78e71fdb712da8c-000
TRUE   2014-03-06T21:12:26   Mined      1FcuJvNhpCzrA9HZg1eQyUukZ9TBRgJXKM   6000   940cc50722c1f57a6996005c4c4d0429529aee6a1331e616d8b4da9774d49e11-000
TRUE   2014-03-06T21:12:22   Mined      1774ju5T5Zw8QpmTtkFQyqiD5UrYV8dkbm   6000   fb9156f99f503ac27aee5dfb6361f397cdcd534a69069a0eb9e6b5c6ce007582-000
TRUE   2014-03-06T21:12:12   Mined      1CUKitU68GRTekjXE5Eu9TapWZ3WnA9JL   6000   e6aa3c88859d3bf14e1c69ad21dde3cc75a247c801a4317ead2979875dfa2eef-000
TRUE   2014-03-06T21:12:09   Mined      1Gg5XKZYXtKELDjozYo9aCP9uReXYHsiuL   6000   57d17e1ac17f71990155f1899380de9924612c72e0ca41e91669ee5a4805631c-000
TRUE   2014-03-06T21:12:03   Mined      17C7BJysd6vrophHCwvg12FV8xK79NDzVf   6000   702599d73cc99b796a8a5fa7aa977e1632f7123149fa9f7174809dc0de8f61e3-000
TRUE   2014-03-06T21:12:00   Mined      12kgZDi2yudc5CuDFFdCtFRPg1qJFcQ7gC   6000   2ac514e3129676a6f71f7d68d72f0adecda662454c6b3acb71743a8eebfadcd2-000
TRUE   2014-03-06T21:11:36   Mined      1CbnLqjZjcaMraUqg9eWVSUviUPrqG3gW5   6000   39d03bfb4c0760d99e00ef82347f1049e2d4f9558dce2bb8e1561da81d6a1281-000
TRUE   2014-03-06T21:11:35   Mined      13zpvaCyxHNaUmsfACz49EV63NqeRiKqvT   6000   670e1eacbd9f8fdc9f2eac32fcae4d70712924ef0b78fc2cb77a5bee91bd244a-000
TRUE   2014-03-06T21:11:33   Mined      1DEBiVuxZznpvVoBoZqqnaqrHd1Pqq3ZMq   6000   4f1175a834f9ee9d6871149f48c4b3bd20a79f0505b3c9d07ad198e1052469ae-000
TRUE   2014-03-06T21:11:09   Mined      1Jo4L5eL9DbrPLn3prorGxnmR7motnMhgx   6000   cec8fc0b52d37b9388dd5b7dd00876cc080bed1eed29e8e63a34b467b1c5f895-000
TRUE   2014-03-06T21:10:40   Mined      1KBcrxb6LF59txfQxaGLHQwRoSkH5g6RTq   6000   76a54f0c95df713b01ed90c945405e8c2f1ad129f8d3b4e272a678640a7e1adc-000
TRUE   2014-03-06T21:10:20   Mined      1ERTiUy6pDxMXGGMhHs8EUxQWUuMWuagfn   6000   68358377a55e1bee415a8afcdfafb4fa7ee8f34677b9cfa1c8ee8ea6e8cac8c7-000
TRUE   2014-03-06T21:10:18   Mined      1DVGLRwQu6f1rpBLfKEcu2aPav2vx92eDA   6000   6d883283a7b2827bb527eadce64c17002c5b3a6479a7959bc99e96b92d4c5122-000
TRUE   2014-03-06T21:10:04   Mined      1399aRyFcKbDyjXadj4KiCrZcZtJhvPPYe   6000   e4be6d678df94b9a476d3ffcbd77866254c307da6bf9a4d430c367f93aae6cef-000
TRUE   2014-03-06T21:10:00   Mined      1AenzuB9dSBHhLFMXMMeyBkpZn9FkX2WXq   6000   b3d82eff4f9c4d94193cccf45c37c21ac5442fbdac02605da78e19b88ca90916-000
TRUE   2014-03-06T21:09:58   Mined      18YXvxHMaKxn6si44qv75AVuXYtQFqVKo6   6000   cba06ff32a6449dc97adfcb87763476b56b1c850947095e6646670bfec9038a5-000
TRUE   2014-03-06T21:09:14   Mined      13WuDyLPP8dLfQWamMr1orryeoyYjQP1WT   6000   53e2fba1e5d8320e087c93f23b2fdbe8c678370b738aac31598e3407fe20b82f-000
TRUE   2014-03-06T21:09:00   Mined      13PJn2MAZ8DHVAKJHeTTw4GxXWpv5tWhX3   6000   7ee0f5bf0b4d0061420ef2c1205d94342fbed141c534398662a6f2d93bf7e5fc-000
TRUE   2014-03-06T21:08:46   Mined      1KFBez2SaarnnpRWupujvg7UfgeMKkQWKT   6000   092454e2f169b4775c0a1d741e3551af855228a990781b0f580c183a8a84f009-000
TRUE   2014-03-06T21:08:44   Mined      1NnMdBDrxFUSagejqWbXGo45U9tgG5qFMB   6000   41e8d2cec2a9e5f4b80c1ff5e04ba7bc0ba69814563557a7a24422a11a8b380e-000
TRUE   2014-03-06T21:07:44   Mined      154QimBmfHK1ee7bWvG2Gef6YKDndPAeEs   6000   93ee2dd9a3dc9fbed301456602db0f4bb1a76fa224b3c96f082ae7bdb0be3d73-000
TRUE   2014-03-06T21:07:38   Mined      18aHkGHm9hJRCr77hF4mae3R5BGnyFQ8gZ   6000   e81cd89bca1131edfd35393014a7628bfb04985e8b6e12025e4de8a378ae9e5c-000
TRUE   2014-03-06T21:07:08   Mined      1L3SfhHdG4afB5U8GS6kTbDu7r4jkJbwWj   6000   dbe1c42e441128790e5661fabfb82d486a31d98404eae95ad7a847984daf28d5-000
TRUE   2014-03-06T21:06:57   Mined      126UP6Yju2g8tFnYWzke2s9kjXKpWKk3bz   6000   32ed66d01d2ec330d900593567987c963dacbd88b3bd50afc908341b763a3ae2-000
TRUE   2014-03-06T21:06:24   Mined      1NDPsmnH5ZAuXr5iosUeF9mhzVSEdSGanz   6000   53e055ca0ab1e1ec61128f98987a06d5328f51419074e79ebc526af2f78797be-000
TRUE   2014-03-06T21:06:23   Mined      14tViXK4CMP4Fm4GzRrtv7yoTgHWxNEuqZ   6000   920ec3e648a41c436d3d367ec69e54eaf7c3b597fe64262cc511e1232c2543a7-000
TRUE   2014-03-06T21:06:19   Mined      1MaNRdtE4M3jPAxbDcGVBqy7FuyQAkv2sT   6000   c4254e1d1c84adf927518bb53ba2cc6091200cd0cb694c5c8bc25848f0d7bdba-000
TRUE   2014-03-06T21:05:54   Mined      1Cv9sXmQC8WGbiriVCaAFJhtmfNrMbj1zX   6000   5469c1b5c43a6070308ebd79fb4d925dd719b82c5d721bbc0d78b234ee4eb3d1-000
TRUE   2014-03-06T21:05:43   Mined      1MfanyAV6WzNr7t5kLRZmYXu5R5hJUckGx   6000   444a955e105a698853148ae373a12a72aee642928496ffff1b7b19d89dd21730-000
TRUE   2014-03-06T21:05:32   Mined      19haCWB1m2jyG4PXoMq81FLfbmEVBwYjf5   6000   65737c2cfea4383b2c1052b819d4c5ae652033250843edab3b7c7253293ab072-000
TRUE   2014-03-06T21:05:15   Mined      14JYPbS4xkJJzALuSGqZrQM6s8eJZ62FJX   6000   f9bbb59ddcb53a3b9c3bb4c61cb7150f34846ddaff4742a9fa58eb31d6f8879f-000
TRUE   2014-03-06T21:04:59   Mined      16853UxmzWmscykK8cRifbGeyvEhAxAEt2   6000   aa0c7f057807247bca5b24a7daee0d5631ae13b699547011ce2c6a26a936e1c7-000
TRUE   2014-03-06T21:04:40   Mined      19Vw1b8ruwixM3ec1Dh27sCBo81ZQWWgZL   6000   d55f0aaab5ca263a2c8a1f08cc180c5e1de67882fa23d8191dcb1782629a37f2-000
TRUE   2014-03-06T21:04:33   Mined      17mP8JGxJX37gjvYykbhniusc2otEngySg   6000   cae81eebdf8719994df03efc5587e0f6340940a9c8927e50bf51ccca471e0979-000
TRUE   2014-03-06T21:04:25   Mined      1Cz7CDAiYQCKP5C9FfFtCUebhBSuXunY7L   6000   19207b874d215c9cf508b9debec0816ffdd52b56ef4ec8c9c398b3b6e2b9095c-000
TRUE   2014-03-06T21:04:00   Mined      19gN1r7KTk7YPEFSCQK3XS9NbiGFXPAuTx   6000   7b1d126671cce57808047ab3ebded62599a5338c143de115ac34a2bc6cb53aad-000
TRUE   2014-03-06T21:03:55   Mined      1BTs5vQnufRvN5hcFnzbsar4qCQsgN4vj2   6000   1311e3cf0faa0b4d3f71dcae09325afd913e8a48c421e2e1f1d5f6d7ef322d2a-000
TRUE   2014-03-06T21:03:50   Mined      12WJx5pXo9wvBcsqG8LUHEm4k5qQmr5Xki   6000   2f4a517daf6cfe81d3eaa894466148643fb2f6ff4ed7fcfed3fcbdf0e80f137e-000
TRUE   2014-03-06T21:03:37   Mined      1Mm4qSpA5p1VT227rtSupw55eH2T41pCQk   6000   78a5b65e028fe0b117a0aeec512329723a6de91469f1e43fab083ae44437ec55-000
TRUE   2014-03-06T21:03:28   Mined      12a9euvSWiNHmYANQMCo4XWsJRCVTRhRwV   6000   ccbb1153a44cbd8471f319e8fbe2533c9328d381891db75a35d506f4d3444e29-000
TRUE   2014-03-06T21:03:26   Mined      1PMy18FW4u1vGuA3i3Ki5523E9syxi3Jry   6000   70ab90dd9c771a99f3590a4d6435c2e4222f21a7c8c3a49e1df59d4aa96a9dcd-000
TRUE   2014-03-06T21:03:18   Mined      12yf5nX58NoFswmNTGVuHPKCGqscK9byYg   6000   500d2a67acd16fcdc9e5f56c29331d8ad4b042c4f5bc8cf0e51d16f31ed3c9ed-000
TRUE   2014-03-06T21:03:13   Mined      13EdgsPqm5ETm8FbpABVfafW7rtqv1UKjT   6000   f23023d3118fb5feb92f8d67598efb786133c0b7bd58f5ad421eff0642ad4a95-000
TRUE   2014-03-06T21:03:10   Mined      1H2bEuRh9Fo5LmPF66q69B5WcW7CafCZFn   6000   87ab71db000449231608a9443b8d2bfe4d66759f0ad37aa3289c0479fca54146-000





MiningViking
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April 09, 2014, 09:56:35 PM
 #44

Show us the overview!
When i solo mine it generate to the same adress, but i dont think i ever solo mined a Coingen coin on the other hand.
https://anonfiles.com/file/7bb37fc7cbc2842df4acefe4c1fcc1b8
Why did you premine so many blocks instead of putting the entire premine in the first block like a real developer would do?

Iraq!? Afghanistan!? Bring your boys back home and drop a few big ones!!
majorminers
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April 09, 2014, 10:07:23 PM
 #45

Premine dumped, dev buys 25 sacks of rice and live happily ever after.

Damn is that some straight up racist B.S. there. 25 'sacks of rice.' Wow.

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