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Author Topic: QTM Scam - Not only do they scam you - they blame others for their fail  (Read 1446 times)
thekidcoin (OP)
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July 15, 2014, 05:25:56 AM
 #1

So one of their crack team says I mined a hidden block somehow...

1) there is/was no hidden block
2) there can only be 1000 blocks @ 10K each - hence 10 million coins, hence any "hidden block" would be nullified as again - there can only be 1000 mined blocks PoW
3) main.h is correct - 10,000,000 * COIN is the max money
4) they talk about things that they don't understand - util is telling us the value for display of the coin - hence instead of doing something like 100 * 1000000 to convert an int64 as 100 instead you multiply 100 * COIN (which has a value of 1000000) hence max QTM IS SUPPOSED TO BE 10000000000000 expressed as int64

And finally - if one runs getinfo in the old QTM client - there is LESS THAN 10 million coins because of transaction fees that needed to be paid to ensure large transactions I sent to the QTM team were not delayed - I had many issues with this client and blew the original wallet up and likely lost a modest ammount of coins in the process (thousands)

I made this coin, i mined this coin, they tried to send me 10K QTM and .25 BTC AFTER I tested and made numerous changes for near 2 1/2 weeks.  And made how much on the "IPO"? 

IPO = scam = illegal where I come from

Then when the price tanked (who would hold QTM when BTC was rising fast??), they invented a hidden block and blamed me.

Thats slander where i come from.

"invest" with these clowns at your own risk (you will lose no doubt)

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July 15, 2014, 09:47:15 AM
 #2

What about you, loser? You are a scammer too. And a gutless one at that.

Also, change your description or go away for good. You aren't Fluttercoin developer. You don't have ANYTHING to do with Fluttercoin anymore. You dumped your coins after creating false hype. That, where I come from, is illegal too.

How's that anon sending doing? Twitter and Facebook tipbots? There was never such things. All fake. All hype. Team FLT has been looking into your wallet, you dumped your coins just before your BIG June 13th announcement.

No one cares about your act anymore. You have no honor, you are worthless

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July 15, 2014, 01:31:43 PM
 #3

I hope this all gets settled and the public gets a clear picture of what exactly happened. 

On a sidenote, Kidcoin: Can we please get transfer of fluttercoin.us .  It would truly benefit the new FLT team.  Thank you.
thekidcoin (OP)
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July 15, 2014, 03:03:57 PM
 #4

I hope this all gets settled and the public gets a clear picture of what exactly happened. 

On a sidenote, Kidcoin: Can we please get transfer of fluttercoin.us .  It would truly benefit the new FLT team.  Thank you.
yes, for sure...

The site is wordpress - I cannot leave the VPS up though - but I will provide the DB and code etc

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thekidcoin (OP)
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July 15, 2014, 06:57:30 PM
 #5

This is a copy/paste from my post in the qtm thread exposing the scam, just for let know to the bct community what's happening here. Judge yourself

Hey guys, was researching the reported issue in the QTM blockchain and source code. This is what I'd found:

Let's start with the source code https://github.com/QTMholdings/quantum/blob/master/src/ ... everything seems normal when you start looking the main file:



10,000 coins reward every PoW block, 0 coins every PoS block in main.cpp. OK. What about main.h?



Last PoW block = 1,000, tx fees = 0, max money = 10,000,000 * COIN. Let's see, 1,000 pow blocks * 10,000 coins = 10,000,000 total coins, so total coins are ok, but wait, if max money = 10,000,000 * COIN in the source code, what is the value of COIN variable? ok let's check util.h to know that information



COIN = 1,000,000 in quantum util.h file. Let's compare this value with another important coins, specifically bitcoin and dogecoin


Bitcoin COIN = 100,000,000


Dogecoin COIN = 100,000,000

Ok so COIN value in quantum is 1 million, but in bitcoin and dogecoin is 100 million, so quantum does not have a COIN variable standard value. What does this means? it means that 2 zeroes are missing in the qtm COIN variable and this value affects directly the data showed in any block explorer, even in coinmarketcap, hiding the real total amount of generated coins.

What can say us the blockchain? well, I had migrated the qtm blockchain to a postgresql db, applied some ordering filters and this is the result:



In the picture we can see 3 transactions at different blocks, we have a transaction of 10,000 coins, a transaction of 100,000 coins a transaction of 10,010,000. How can be possible a 10,010,000 transaction if qtm have a total amount of coins of only 10,000,000? hidden funds is the response. Merging the proofs we can conclude that QTM total amount of coins is more than 10 million.. I am sorry that a community is harmed by a developer who acted unprofessionally. I am confident that TheCryptoEdge, onemanatatime, Kazonomics and AltcoinAce solve this problem soon and optimally


Problem is though you are wrong.  There is no hidden block.  It would have shown up in the explorer.  those are 64 bit integers, so when you say ist 10000000 * COIN its just converting that number to a 64 bit integer to the correct percision

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thekidcoin (OP)
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July 15, 2014, 07:08:13 PM
 #6

If this were the case, it would effect all NVC descendents as well...  There can only be 1000 blocks each at 10K.  Any PoW block created after 1000 wouldn't be accepted.  Also, one could run "getinfo" and see that the number of coins was below 10 million because of forced fees in order to fascilitate large transactions.

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July 15, 2014, 07:23:43 PM
 #7

Then when the price tanked (who would hold QTM when BTC was rising fast??), they invented a hidden block and blamed me.

Thats slander where i come from.


Can I assume this was written, not spoken? Where I come from that's libel.

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July 28, 2014, 09:38:12 PM
 #8


those are 64 bit integers, so when you say ist 10000000 * COIN its just converting that number to a 64 bit integer to the correct percision

Have you gotten in touch with Bitcoin and Dogecoin to let them know their code is wrong then?

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