Is SCHARMBECK Shutting Down?

[Jomppe]

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag. 

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.

Here is an excellent post of one active member in WDC community http://worldcoinforum.org/topic/1427-debunking-the-wdc-scam-accusations/

[infofront]

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag. 

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.

Here is an excellent post of one active member in WDC community http://worldcoinforum.org/topic/1427-debunking-the-wdc-scam-accusations/

"Accusation # 2: Scharmbeck or UNOCS

Many people claim Scharbeck equals to WDC. This is as ridiculous claim as claiming bitcoinstore.com equals to BitCoin, or Mt Gox equals to BitCoin or Credit Suisse equals to dollar."

This is complete BS. The Bitcoin Foundation never pumped bitcoin by advertising bitcoinstore.com. The majority of the board of directors of the Bitcoin Foundation doesn't run Mt. Gox. In fact, the Bitcoin Foundation very seldomly promotes new services. Any time they have in the past, it's been very low key, and just listed them on a website. On the other hand, the majority of the Worldcoin Foundation ran Scharmbeck, and hyped it up at every opportunity. And the fact is, the Worldcoin Foundation banked nearly the entire future of Worldcoin on one "seperate" corporation.

[xodianbarr]

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag.  

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.

Here is an excellent post of one active member in WDC community http://worldcoinforum.org/topic/1427-debunking-the-wdc-scam-accusations/

"Accusation # 2: Scharmbeck or UNOCS

Many people claim Scharbeck equals to WDC. This is as ridiculous claim as claiming bitcoinstore.com equals to BitCoin, or Mt Gox equals to BitCoin or Credit Suisse equals to dollar."

This is complete BS. The Bitcoin Foundation never pumped bitcoin by advertising bitcoinstore.com. The majority of the board of directors of the Bitcoin Foundation doesn't run Mt. Gox. In fact, the Bitcoin Foundation very seldomly promotes new services. Any time they have in the past, it's been very low key, and just listed them on a website. On the other hand, the majority of the Worldcoin Foundation ran Scharmbeck, and hyped it up at every opportunity. And the fact is, the Worldcoin Foundation banked nearly the entire future of Worldcoin on one "seperate" corporation.

Nobodies disputing the connection between Scharmbeck and the Worldcoin Foundation.  The dispute is that Worldcoin AKA WDC is a virtual currency using a decentralised cryptographic network and yet inconceivably people still say it's connected like it's at fault.  Worldcoin did nothing for no better reason, that is incapable of doing anything other than simply existing.  

I think your point about who was on the board of the Worldcoin Foundation Vs who was on the board of the Bitcoin Foundation is unimportant.  Any board member who has a direct conflict of interests on a board (whichever foundation) is in a position where they could take advantage of it.  1 person, or 3.  It does not matter.  As for your assertion that Bitcoin Foundation did not do anything to promote Mt. Gox, well although i can honestly say i do not know they did not, i can also say i find that highly unlikely.   Even a report on Mt. Gox on their site is advertising, and i'm sure they would have done it somewhere.  But that's by the by because i don't think there's anything wrong in that, who is on the board however, is another story.  

~~ Xodianbarr ~~

[nwfella]

Scambeck is a truck!!  Despite your evil-doings mister or misses, WDC still seems to be thriving!  It makes me wonder just how successful WDC would have been by know where it not for all the scamsters and hucksters stealing everybody's coins on these bogus ventures.  I really doubt that it will be able to survive another UNOCS or Scam-beck level hustle however which is a shame because all in all I kinda like WDC.

*will be interesting to see what scambeck manages to come up with from his ivory tower of Scammish or if he's just planning on continuing ghost protocol.

[moriartypants]

Is there still no news on this?  No announcement? 

Who can think SBFS was anything other than
1.) Scam
2.) Helmed by morons unable to run a business
3.) Both
?

[nwfella]

Seriously doubt there will be any forthcoming update(s).  They have to wait for more noobs to come on board that don't know any better.  Then I suspect there will be some Scambeck-v2.0 that comes about!

Investing in SBFS you might as well shoot your satoshi's to that great big NULL device in the sky!!

*Last ditch effort by Scambeck to drum a few more satoshi's out of people?

Just tweeted by Scambeck 6 hours ago:

"@scharmbeck 6h

http://scharmbeck.com  may go offline for 30 days or more after 01 March. pls withdraw WDC funds that you have on deposit before that time"

[moriartypants]

I may be the only guy on here who held on to his scharmbeck shares but they just paid a paltry dividend, no announcement.

So. . . yay for bagholders, I guess?

[Oldminer]

Unfortunately for WDC shit sticks.

[nwfella]

I may be the only guy on here who held on to his scharmbeck shares but they just paid a paltry dividend, no announcement.

So. . . yay for bagholders, I guess?

Yay!!  Guess I wasn't alone in my steadfast loyalty...not much to be said for our resulting bottom lines though eh?

[flound1129]

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!!  Where is all of the money??  Why is no one addressing this question?  The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated.  Why the RUSH?  And why offered with some weirdo hanging carrot prize?  Can ANYONE explain this at all?  All of you in charge now who were on the board when this happened a few short weeks ago were around.  WHERE did all of our money go for those shares?

I'm not an attorney, but I did consult with one and it's likely that their cryptostocks offerings were noncompliant.  People who invested should file a complaint with the SEC.   There is the potential to get at least part of your money back.

[nwfella]

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!!  Where is all of the money??  Why is no one addressing this question?  The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated.  Why the RUSH?  And why offered with some weirdo hanging carrot prize?  Can ANYONE explain this at all?  All of you in charge now who were on the board when this happened a few short weeks ago were around.  WHERE did all of our money go for those shares?

I'm not an attorney, but I did consult with one and it's likely that their cryptostocks offerings were noncompliant.  People who invested should file a complaint with the SEC.   There is the potential to get at least part of your money back.

If I even believed this part just a little bit I would probably go through whatever process I needed to to notify the SEC but I have a sneaking feeling it wouldn't really get anything accomplished.  Have you ever tried filing anything with SEC under similar circumstances?