BTC-E questionable practices

[laughingbear]

13.02.13 22:55:24 support: abbeytim, If you prove that there was premined we remove the NVC with trade ok?

13.02.13 22:55:35 usscfounder: Carnth, are you? forgive me then.

13.02.13 22:55:35 laSeek: No ussc

13.02.13 22:55:48 Carnth: usscfounder, no.

13.02.13 22:55:58 SubSpace79: poeple nvc/btc is just an icon if you dont like / trust it just dont click there

13.02.13 22:56:02 abbeytim: https://bitcointalk.org/index.php?topic=114712.0

13.02.13 22:57:42 support: abbeytim, I know this topic, so what?

13.02.13 22:57:43 laSeek: Open source is more collaborative - than top-down

13.02.13 22:57:51 abbeytim: look

13.02.13 22:58:02 abbeytim: says 563 blocks mined

13.02.13 22:58:16 abbeytim: before he even released it

13.02.13 22:58:22 abbeytim: hold on

13.02.13 22:58:22 dstruct2k: That DOES look like proof...

13.02.13 22:58:42 support: abbeytim, He informed about it.



13.02.13 23:07:02 support: abbeytim, all the coins from 563 blocks were sent to btc-e.com

13.02.13 23:07:03 vivit: IF 5970s WERE IN SUCH GREAT DEMAND WTF DID THEY DISCONTINUE THEM? :mad:

13.02.13 23:07:18 abbeytim: me too gottaq take a power nap before work

13.02.13 23:07:24 laughingbear: support, that is not good

13.02.13 23:07:29 reaperx666: cuz ATI has poor business sense

13.02.13 23:07:40 abbeytim: and sold probably

13.02.13 23:07:42 support: abbeytim, It is a guarantee, so we have added and NVC

13.02.13 23:07:46 nethead: vivit they made more coins than their actual price :trlf:

13.02.13 23:08:02 vivit: reaperx666, DOES NOT MAKE SENSE FOR THEM TO DO SO :mad:

13.02.13 23:08:04 laughingbear: that makes it so much worse

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[xorxor]

btc-e and nvc-dev team should send all those coins to oblivion address like 4PreminedNovaCoinEaterNfC4rF1b and everybody would go silence.

[laughingbear]

This is a scam, and it just keeps getting worse.  BTC-E should be ashamed, and people should NOT trust them with ANY currency

[SAC]

This is a scam, and it just keeps getting worse.  BTC-E should be ashamed, and people should NOT trust them with ANY currency

Why would they be ashamed they built pump and dump exchange they are only doing what the system was designed for and has been used for with all the other coins on it. This whining would not be here if you people had had the chance to get in on the ground floor of the scam then this thing would be the best thing since sliced bread like all the other trash coins that have come and gone before it...

[DryPowder]

saddens me to see the hashing power dedicated to it over at coinotron to come on people read a bit before jumping on a bandwaggon!!

I'm still on TRC and happy rolling in the coins!

Me 2 

[DryPowder]

This is a scam, and it just keeps getting worse.  BTC-E should be ashamed, and people should NOT trust them with ANY currency

Maybe the wright word is manipulation price. 

[btc-e.com]

All the coins NVC mined Balthazar (110,000 coins ) are in the guarantee fund exchange BTC-e.com

[neotrix]

All the coins NVC mined Balthazar (110,000 coins ) are in the guarantee fund exchange BTC-e.com

So what? balthazar got catched for premining, he send to you and so people have to forget about that?
Why he also premined what was his goal when he did it? Then when released 90% of people was not able to even solo mine...who mined the following blocks until everyone finally able to mine it?
Well I prefer stop to comment about. I love BTC-e but this story is too much guys...

[laughingbear]

All the coins NVC mined Balthazar (110,000 coins ) are in the guarantee fund exchange BTC-e.com

To sum it up...

Guy (who is a mod at btc-e) forks a broken coin and premines it.

Then releases it in Russian only (BTC-E). Even though he speaks English, he doesnt tell anyone in English.

Then sends 110,000 coins to btc-e

Instantly get a button on the front page of btc-e

Price sky-rockets!

None of this is denied.  It is all documented and admitted to. AND this is only the part they are telling us about.  Add this to the VERY Obvious price manipulation that is going on.... scam scam scam scam

  If they do this "in your face" rip off with NVC, can you trust them not to play with the other currencies?  How many people lost money the week before when they did the old pump and dump with RUC.

You can argue that people bought NVC, RUC, etc... so its their own fault when they lose money.  But the people that use btc-e need to know that the game is rigged.  I think there is enough documented information in this fiasco to warrant a scammer tag.

[laughingbear]

All the coins NVC mined Balthazar (110,000 coins ) are in the guarantee fund exchange BTC-e.com

And WTF is a  "guarantee fund"!!!!  Who gets these "coins"? Guarantee of WHAT?  if something goes bad with the coin youll have 100,000 worthless coins? to do what with?? Are you going to refund the people who get ripped off when this crashes with these worthless coins?

You got paid to pump up a worthless coin, and you are scamming your customers out of money.

[smoothie]

I must say that this makes no sense on BTC-e's part to accept 110,000 NVC premined coins.

Centralization = power = corruption

[AndyRossy]

btc-e and nvc-dev team should send all those coins to oblivion address like 4PreminedNovaCoinEaterNfC4rF1b and everybody would go silence.

Good idea, on another note, has anyone ran a tx checker yet? To check that the said 110k coins were even transferred?

[Mjbmonetarymetals]

Are they offline now  Could be me 

[Zedster]

Are they offline now  Could be me 

Down here too.

[laughingbear]

I dont know how to feel about this ddos attack, but it is prob not the best way to go about things.

  If this were the "real" currency world, some people in btc-e would be going to jail.

[crazy_rabbit]

I dont know how to feel about this ddos attack, but it is prob not the best way to go about things.

  If this were the "real" currency world, some people in btc-e would be going to jail.

At the very least there would be an investigation. But you have a point.

[Bettor]

I dont know how to feel about this ddos attack, but it is prob not the best way to go about things.

  If this were the "real" currency world, some people in btc-e would be going to jail.

At least back off a few minutes an hour and let people do what they need to with their money. This new group especially seem to be of average means and many younger folks. It's on you who suffers!

(This is directed to the activist, not anyone in this thread)

[Ja¥1337]

Whoever is causing the DDOS is not really hurting NVC.. but is mostly hurting litecoin... Next Difficulty Estimate 15.88191791 -- Network Hash Rate 420,410 kH/s 

[smoothie]

Whoever is causing the DDOS is not really hurting NVC.. but is mostly hurting litecoin... Next Difficulty Estimate 15.88191791 -- Network Hash Rate 420,410 kH/s  

Litecoin has nothing to do with NVC.

NVC = BTC-e = Balthazar = profit = DDOS ....nothing more

[laughingbear]

100,000 coins at current market value on btc-e = 640.00 BTC

640 BTC = 16640.00 USD

$16,640 BRIBE

The price has been higher.

Pretty sure this is a felony.