Why Dash is not a scam, but a scheme

[othe]

Miners jump on coins at launch because of the low difficulty and those services give the best bang for your buck with CPU mining, why would Dash be any different?

Because DASH didn´t work, there was no way to "jump on it" in the beginning. period.
AWS and Azure instances are expensive, there is no way someone wastes thousands of dollars for a coin which is just a plain btc copy (initial announcement).

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[smoothie]

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And that's not a complete list, doesn't getpeerinfo order by latency?

Oh so now it isn't a complete list once it is shown that many of those ips are VPS instances?

Looks like maybe 10 different people mining on that list ("dashers").

Evan said there were "hundreds" of miners.

Fwiw, no, it lists them as they where added. As I said earlier, several folks who where mining from day 1 said their IPs aren't on it so it's not complete, unless you want to say they're sockpuppets for Evan and if so we might as well stop their 'cos that's a road to nowhere.

Miners jump on coins at launch because of the low difficulty and those services give the best bang for your buck with CPU mining, why would Dash be any different?
http://cryptomining-blog.com/tag/crypto-coin-calendar/
http://www.coindesk.com/gaw-miners-altcoin-launch-sparks-speculative-frenzy/

How many people claimed this that you can quote?

100? 200? 300?

Please enlighten us all on how many you have actually heard from claiming their ip was not listed on that list.

[smoothie]

Miners jump on coins at launch because of the low difficulty and those services give the best bang for your buck with CPU mining, why would Dash be any different?

Because DASH didn´t work, there was no way to "jump on it" in the beginning. period.
AWS and Azure instances are expensive, there is no way someone wastes thousands of dollars for a coin which is just a plain btc copy (initial announcement).

You've not answered this one yet:

...
Maybe you couldn't compile it but that doesn't mean others couldn't, did you fix it yourself or wait for a download?
...

Its fairly obvious many folks could get it to run so I've no idea why you couldn't get it to work, AES maybe?

That is a pretty big assumption that HUNDREDS of people were compiling the source at launch. Most people just download binaries and start mining.

[jwinterm]

Admiral Ackbar weighs in and contributes meaningfully to the conversation:

[smooth]

Fine, Monero might be off topic, but I have to correct this one incorrect thing being said: in no way can someone reasonably say that having crippled mining software at launch was unfair (or an instamined) for Monero.  If anything, that actually made it more fair because those who got there first got fewer, not more, coins.

If wasn't fewer, it just did not affect the amount of coins either way (other than around 100 coins which were indeed instamined if you want to call it that). If you look at the block explorer, the blocks happened very close to the specified rate (starting around block 5) with exactly the specified reward per block (starting with block 1). Two days post-launch there were around 50k coins mined (about 1/2% of the current total), which was about right.

By contrast, if you look at the block explorer for Dash you see extra coins and/or blocks occurring faster than specified, until block 4500 around 2 days after launch (total 1.99m+ coins; about 33% of the current total).

The only thing that was affected is some people were able to get a higher share of the hash rate by optimizing the miner, something that btw is still the case to this very day with Dash. The open source Dash miner uses the sph hashing library which is will known for being unoptimized and inefficient (according to othe; I have not verified myself).

[smoothie]

...
How many people claimed this that you can quote?

100? 200? 300?

Please enlighten us all on how many you have actually heard from claiming this.

Again, read through the start of the thread instead of taking the word of random fudders as gospel, there's about a dozen posts from established miners offering 10k and 20k batches for sale. Do your own research ffs.

No.

You made the claim, now back it up.

You pointed to the IP list claiming that many miners were there at the start, that claim gets refuted by ip address association. Now you responded making claims contrary to what some of us see.

[illodin]

...

And that's not a complete list, doesn't getpeerinfo order by latency?

Or cut off by -maxconnections.

I had been mining a good while before that list was posted and my miner's IP is not there.

I guess it's refreshing sometimes that by being lucky (being there at the launch) can be rewarding instead of all the coins going to the same mining farms over and over like it used to back in the day.

[r0ach]

Is there any type of beginner's guide to use this scheme to turn my cash to ash with dash?

[qwizzie]

Is there any type of beginner's guide to use this scheme to turn my cash to ash with dash?

sure there is : https://dashtalk.org/threads/taos-masternode-setup-guide-for-dummies.2680/

[othe]

Moreover, if you spend some minutes analyzing the blockchain and you follow the first 1-10 mined blocks (those that are clearly mined by the dev) you will see that eventually they all go to the same addresses, with many other blocks and coins coming from pool-mining, and finally these after weeks don't account for more than 80k XCoins (about 2BTC at the time)

Here he said they gave away 80.000 coins -> https://www.reddit.com/r/DRKCoin/comments/1yy468/175_of_all_the_coins_were_mined_in_24hrs/cfp7248
So yes... he mined 80k  after WEEKS - and gave them all away in the FIRST WEEK, you can tell that to your grandma maybe.

[cryptohunter]

6 steps to start your own scheme

https://bitcointalk.org/index.php?topic=1173474.0

[qwizzie]

The Visionary Scheme

To OP : i like it

[AdamWhite]

So, Stan The Shill says there are "DOZENS" of people saying their IP was not included on the list. Having done thorough research on the biggest ongoing scam in crypto aka DASH i was only able to locate ONE person who says their IP wasn't listed, and that's illodin. Clearly i've missed the others.

So please stop back pedalling Stan and back up you claim.

[cryptohunter]

6 steps to start your own scheme

https://bitcointalk.org/index.php?topic=1173474.0

Yeah, Adam's a really credible source, just check his post history. Anyone so obsessed with running down a topic is either getting paid to do it or needs serious help.

The material he presents is there for all to observe. This is beyond doubt.

Trying to justify or spin it any differently is impossible.

He is not the first nor will he be the last to present these facts to the board.  

[cryptohunter]

6 steps to start your own scheme

https://bitcointalk.org/index.php?topic=1173474.0

Yeah, Adam's a really credible source, just check his post history. Anyone so obsessed with running down a topic is either getting paid to do it or needs serious help.

The material he presents is there for all to observe. This is beyond doubt.

Trying to justify or spin it any differently is impossible.

He is not the first nor will he be the last to present these facts to the board.  

Unfortunetely dear Adam has trouble sometimes to distinguish the facts from the lies, but we have learned to forgive him.
edit : and to ignore him

Present  his lies and let's analyse them in the open.

Also lets check these facts/lies out too....

https://bitcointalk.org/index.php?topic=560138.0

Some to get started with here....  a grand scheme it seems

Let's take a look at the first 5 h of Darkcoin (XCoin at that time)...

https://bitcointalk.org/index.php?topic=421615.msg4589219#msg4589219
Edufield said (after failed launch) that he will wait the next day to launch DRK (XCoin at that time) it is 11 pm.

https://bitcointalk.org/index.php?topic=421615.msg4591407#msg4591407
Edufield disregard windows wallet and daemon and hurry up his launch, presumably to not have windows miners on board.

https://bitcointalk.org/index.php?topic=421615.msg4592827#msg4592827
Edufield say he added four nodes for the launch at 4 am (5 hours later, despite his promise to wait). The 4 nodes from Edufield are 3 amazons AWS + another unknown (whois IP). Launch started at 3h54 am.

https://bitcointalk.org/index.php?topic=421615.msg4593601#msg4593601
Edufield said the github version was not updated, nobody could compile and only Edufield was able to mine until that time. It is 5.09 am and Edufield instamined alone 1153 block at 500 DRK + 60 block at reward 277 = 593120 DRK for him alone in about 1 hour.

https://bitcointalk.org/index.php?topic=421615.msg4593987#msg4593987
No windows wallet confirmed at 5h47 am, despite a user attempt to make one avaiable, that Edufield dismissed quickly.

https://bitcointalk.org/index.php?topic=421615.msg4594096#msg4594096
Illodin, understand dev has instamined alot of coin.

https://bitcointalk.org/index.php?topic=421615.msg4595573#msg4595573
From this list of nodes, at 8h34 am (4h40 after launch) there were 50 Amazon AWS node and 50 microsoft cloud computing instamining DRK (checked using IP whois service). This is 100/124 nodes using cloud computing to instamine DRK. We are at block 2870 and block reward is 500. From block 1153-1729 block reward is 277. After that it is 500 again hence 2294 block at 500 + 576 at 277 = 1306552 DRK (worth about 13M$ now) were instamined in less than 5 hour by Edufield and coworkers using about 100 cloud mining instances. Edufield himself instamined in not even 5 h from 600K to 1169K DRK ((1306K-600K)*100/124 + 600K) depending how many of the 100 cloud mining instance were its own. All this while having purposefully set the difficult ridiculously low and block reward 100 times what it is now.

From 6M$ - 13M$ in 5 h, Edufield did some lucrative work here!

Edufield is nominee for the Master Scammer 2014 award!

[qwizzie]

That does remind me :

https://bitcointalk.org/index.php?topic=920053.0
2014 Proof of Honor (POH) Awards | Results Posted!



Winner : Evan Duffield

Question is : will there be a Proof of Honor 2015 ?  

Anyways it seems some readers came in a bit late and overread some earlier posts of ours, so being a friendly
helpfull guy i'm providing them again :

Dash Fastmine / Instamine problems in the early days (2014) : The Facts
https://dashdot.io/alpha/?page_id=118

In this article, we explore the impact of the “instamine” on the Dash ecosystem. There’s been talk from the very beginning of Dash about the very first 24 hours, 1.9 million coins were issued.
We gained access to Evan Duffield to directly answer some questions about the instamine and give us an account of what happened.

[TheDasher]

6 steps to start your own scheme

https://bitcointalk.org/index.php?topic=1173474.0

Yeah, Adam's a really credible source, just check his post history. Anyone so obsessed with running down a topic is either getting paid to do it or needs serious help.

The material he presents is there for all to observe. This is beyond doubt.

Trying to justify or spin it any differently is impossible.

He is not the first nor will he be the last to present these facts to the board.  

Unfortunetely dear Adam has trouble sometimes to distinguish the facts from the lies, but we have learned to forgive him.
edit : and to ignore him

Present  his lies and let's analyse them in the open.

Also lets check these facts/lies out too....

https://bitcointalk.org/index.php?topic=560138.0

Some to get started with here....  a grand scheme it seems

Let's take a look at the first 5 h of Darkcoin (XCoin at that time)...

https://bitcointalk.org/index.php?topic=421615.msg4589219#msg4589219
Edufield said (after failed launch) that he will wait the next day to launch DRK (XCoin at that time) it is 11 pm.

https://bitcointalk.org/index.php?topic=421615.msg4591407#msg4591407
Edufield disregard windows wallet and daemon and hurry up his launch, presumably to not have windows miners on board.

https://bitcointalk.org/index.php?topic=421615.msg4592827#msg4592827
Edufield say he added four nodes for the launch at 4 am (5 hours later, despite his promise to wait). The 4 nodes from Edufield are 3 amazons AWS + another unknown (whois IP). Launch started at 3h54 am.

https://bitcointalk.org/index.php?topic=421615.msg4593601#msg4593601
Edufield said the github version was not updated, nobody could compile and only Edufield was able to mine until that time. It is 5.09 am and Edufield instamined alone 1153 block at 500 DRK + 60 block at reward 277 = 593120 DRK for him alone in about 1 hour.

https://bitcointalk.org/index.php?topic=421615.msg4593987#msg4593987
No windows wallet confirmed at 5h47 am, despite a user attempt to make one avaiable, that Edufield dismissed quickly.

https://bitcointalk.org/index.php?topic=421615.msg4594096#msg4594096
Illodin, understand dev has instamined alot of coin.

https://bitcointalk.org/index.php?topic=421615.msg4595573#msg4595573
From this list of nodes, at 8h34 am (4h40 after launch) there were 50 Amazon AWS node and 50 microsoft cloud computing instamining DRK (checked using IP whois service). This is 100/124 nodes using cloud computing to instamine DRK. We are at block 2870 and block reward is 500. From block 1153-1729 block reward is 277. After that it is 500 again hence 2294 block at 500 + 576 at 277 = 1306552 DRK (worth about 13M$ now) were instamined in less than 5 hour by Edufield and coworkers using about 100 cloud mining instances. Edufield himself instamined in not even 5 h from 600K to 1169K DRK ((1306K-600K)*100/124 + 600K) depending how many of the 100 cloud mining instance were its own. All this while having purposefully set the difficult ridiculously low and block reward 100 times what it is now.

From 6M$ - 13M$ in 5 h, Edufield did some lucrative work here!

Edufield is nominee for the Master Scammer 2014 award!

I would nominate him for 2015 too.  He will certainly come out ahead by a nose that lying Pinocchio fuck.

[qwizzie]

Another of the gang here with a complete set of Dash trolling in his post history. What's in it for these guys, devoting all this time to trolling one coin? The goodness of their hearts? Lol, yeah right, they're here for profit.

Always interesting to see Adam switch troll accounts like that (AdamWhite & TheDasher are the same person)

[TheDasher]

Another of the gang here with a complete set of Dash trolling in his post history. What's in it for these guys, devoting all this time to trolling one coin? The goodness of their hearts? Lol, yeah right, they're here for profit.

I told you, I find it interesting how many of you dummies still defend the scam with so many obvious transgressions by Evan the Instascammer and will ride this sinking ship to the bottom which I go on record as predicting will happen shortly after last feeble attempt to unload bags at Miami conference.

This is pure entertainment.

[qwizzie]

Another of the gang here with a complete set of Dash trolling in his post history. What's in it for these guys, devoting all this time to trolling one coin? The goodness of their hearts? Lol, yeah right, they're here for profit.

for his sake i hope he gets paid in BTC .. specially with todays bull-run.