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Author Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake  (Read 523394 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (5 posts by 2 users deleted.)
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March 15, 2017, 05:52:46 AM
 #2621

So the team said they were going to release code on github two days before the ICO. That would be today, has the code been released?

Yes, it's a snapshot of the code, you can find it on the OP.

So, what is your final target price to scam?

They want to raise 15 million USD during the ICO. Aaaand they are only selling 51% of the supply. So they hope to reach an initial market capitalization of around 30 million. For vaporware. Lol.

Here's my take on the ICO, without even having to consider the very real possibility of this being an outright scam:

They want to raise 15 million dollars in the ICO for only 51% of the supply. That's an initial market capitalization of 30 million. Based on what? What justifies the biggest initial market capitalization in the history of crypto ICOs? How is this supposed to look appealing to an ICO investor? There is little room to grow and tons of room for the price to fall.
Now factor in the additional fact the team is also going to have 29% of the supply that they will be selling to further fund the project (as if 15 million isn't enough?) and the fact the angel backers invested only ~1 million and got 20% of the supply meaning they paid 1/6th what ICO investors will have to pay and they can dump their coins all the way down to 1/6 the ICO price and sell for a profit all the way down. Now how does this look for ICO investors? Like a total ripoff? Looks like a one stage pyramid scheme to benefit the angel investors and team only. How the hell are you going to support an initial market cap of 30 mil when you also have that sell pressure coming from the 49% premine?

Why wouldn't somebody just wait until after the ICO to buy on the inevitable dump below ICO price? That way you could also wait and see for certain whether or not it is a scam.

Hi Stomia,

The Angel Backers are not getting 20%, they are getting around 8%, the other 12% is to be delivered to the development team over the next few years.

Take a look at how we distribute the other 29%:

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.


We go into detail about this here:

https://qtum.org/en/crowdsale


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March 15, 2017, 05:59:05 AM
Last edit: March 15, 2017, 06:11:16 AM by stormia
 #2622

So the team said they were going to release code on github two days before the ICO. That would be today, has the code been released?

Yes, it's a snapshot of the code, you can find it on the OP.

So, what is your final target price to scam?

They want to raise 15 million USD during the ICO. Aaaand they are only selling 51% of the supply. So they hope to reach an initial market capitalization of around 30 million. For vaporware. Lol.

Here's my take on the ICO, without even having to consider the very real possibility of this being an outright scam:

They want to raise 15 million dollars in the ICO for only 51% of the supply. That's an initial market capitalization of 30 million. Based on what? What justifies the biggest initial market capitalization in the history of crypto ICOs? How is this supposed to look appealing to an ICO investor? There is little room to grow and tons of room for the price to fall.
Now factor in the additional fact the team is also going to have 29% of the supply that they will be selling to further fund the project (as if 15 million isn't enough?) and the fact the angel backers invested only ~1 million and got 20% of the supply meaning they paid 1/6th what ICO investors will have to pay and they can dump their coins all the way down to 1/6 the ICO price and sell for a profit all the way down. Now how does this look for ICO investors? Like a total ripoff? Looks like a one stage pyramid scheme to benefit the angel investors and team only. How the hell are you going to support an initial market cap of 30 mil when you also have that sell pressure coming from the 49% premine?

Why wouldn't somebody just wait until after the ICO to buy on the inevitable dump below ICO price? That way you could also wait and see for certain whether or not it is a scam.

Hi Stomia,

The Angel Backers are not getting 20%, they are getting around 8%, the other 12% is to be delivered to the development team over the next few years.

Take a look at how we distribute the other 29%:

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.


We go into detail about this here:

https://qtum.org/en/crowdsale



So how much did the team pay for 12% of the supply? Or is that where your salary solely comes from? Because you already plan on raising 15 million USD, why do you need 12% of supply as well? 12% of the supply would be valued at over 3.5 million if you end up raising 15 mil during the sale of 51% of the supply in the ICO.

And yeah I can read all about how you plan to use the 29% but that still doesn't justify why you need to withhold 29% of the supply for promotions etc in the first place when you are planning on raising 15 million USD from ICO investors (and already have raised 1 million from angel investors, right?). Why can't you use some of that 16 million instead of screwing ICO investors over by taking away a huge chunk (more than 1/4th) of the supply available to them during the ICO? How hard of a idea is it for you to grasp that a 49% premine + 15 million USD ICO is an unprecedented and unjustified funding structure? I know you aren't going to budge, but if you think people are going to stop criticizing this aspect of the ICO you are dead wrong. And it will have an effect on how many people participate and how much money they are willing to risk. I guess we will just have to wait and see how the ICO turns out, but if it is a flop I would guess that has more to do with the ICO structure and logistics than it does with the scam accusations.

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March 15, 2017, 06:01:34 AM
 #2623

So angel investors will get automatic 2,4x ROI

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March 15, 2017, 06:34:32 AM
 #2624

Meanwhile, Qtum's Chinese Slack channel is deader than a doornail in spite of Qtum claiming that the Chinese are their largest user base and, perhaps, the thousands of Indian and Indonesian and Eastern European Facebookers getting paid to Like whatever masala Qtum posts.
Facebook users in Indonesia is not interested in the project Qtum and not knowing about Qtum, I happen to live in Indonesia and often went to Singapore
Tread Qtum in the local board in the lock by the OP

Quote
Because until now there is no good development of thread Qtum Internationalnya so I decided to lock / lock this thread until there are further developments or statement authorized sufficient to proceed with this project, and I once suggested that no member of Indonesia that invest in this project. Thank you

At least Javanese had a tread on this forum to satisfy them unlike on the Chinese board - https://bitcointalk.org/index.php?board=30.0 - where the Qtum Chinese-speaking cocksuckers found it prudent to NOT have a presence for their venerable brand in spite of shouting from the rooftops that Asians in general, Chinese in particular make up the majority of those extremely interested in Project Qtum, going as far as declaring that Qtum is taylor for said demographics. That, and utilizing only Chinese exchanges for the selling of the Qtum token during its ICO; Chinese exchanges ALL related - at least one quasi-newly formed (Allcoin) - and literally in Qtum's hip pocket, most having representatives of their respective brands coming out of the woodwork in taking up their valuable time to frequent Qtum's ENGLISH-speaking Slack channel and this thread to address questions and concerns of those desiring to acquire the Qtum token that'll remain trapped on the exchanges till at least September. If that ain't madness, then either is jacking off to this cutie -> https://lolcow.farm/ot/src/1436186517403.jpg.

If only there was a voice in this community to get the word out. Oh, wait! Grin

allcoin = scam exchange. Many people never got their coins last time it shut down.

btc-mike = scammer


The previous Allcoin.com has been taken-over. If you still have any assets in your previous account, please contact: allcoin.com@outlook.com

We are new Allcoin now .

Jesus fuckin Christ! Speakin' of circle jerking, we've cum full circle.

Translating btc-mark's post: It was difficult to get over the emotional loss.  My life was ruined.   My life continued and I started to look for a new project to begin again.  A fresh start.  I'm on a good track now, trying to put the past behind me.

allcoin = scam exchange. Many people never got their coins last time it shut down.

btc-mike = scammer


The previous Allcoin.com has been taken-over. If you still have any assets in your previous account, please contact: allcoin.com@outlook.com

We are new Allcoin now .

In your site, you claimed you are public company, lol, but what the hell do you list Edinarcoin? The proven ponzi scam coin.

btc-mark: Edinarcoin is on a good track now, trying to put the past behind them.

Investing in Chinese exchanges is very risky, we can't withdraw coins from there, be cautious, Qtum scam and Chinese no withdrawal scam will kill us.
You are right, the Chinese exchange really can not extract your own coins


I am shocked! Shocked that users would want to withdrawal their precious from Chinese exchanges.

So angel investors will get automatic 2,4x ROI

Yes, even the US citizens ones, of which Qtum has expressed endlessly that US citizens can not legally partake in Qtum's ICO scheme (emphasis on 'scheme').
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March 15, 2017, 07:46:30 AM
 #2625

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.


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March 15, 2017, 07:55:05 AM
 #2626

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.  Roll Eyes 
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March 15, 2017, 08:19:12 AM
 #2627

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.  Roll Eyes 

Funny you say that. I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack, receiving notifications to my main email address I used during the verification process of setting up said account. It was newly created. These fuckers wanna suck out everything they can.
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March 15, 2017, 08:33:14 AM
 #2628

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

Qtum will be Antshares 2.0, I have a theory that they are going to buy into their ICO in the first mins, just to lure investors thesame way Antshares did by depositing 1000BTC in first hour. I think that is why they are not using any western exchange because it may be difficult to get them to agree with their plan

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March 15, 2017, 08:57:38 AM
 #2629

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.  Roll Eyes  

Funny you say that. I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack, receiving notifications to my main email address I used during the verification process of setting up said account. It was newly created. These fuckers wanna suck out everything they can.

Switching to mythomania now glebby? are you so desperate?

Maybe the Russians are trying to hack your email  Grin

These childish accusations discredit you even more!
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March 15, 2017, 09:22:55 AM
 #2630

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.  Roll Eyes  

Funny you say that. I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack, receiving notifications to my main email address I used during the verification process of setting up said account. It was newly created. These fuckers wanna suck out everything they can.

Switching to mythomania now glebby? are you so desperate?

Maybe the Russians are trying to hack your email  Grin

These childish accusations discredit you even more!



Instead of Team Qtum or cocksuckeroverflow picking apart serious accusations directed toward the Qtum brand, they opt to address mundane issues under the auspices of the FUD Buster Foundation.  Roll Eyes

TBC, even this user account is under attack of late, but according to cocksuckeroverflow it's probably something I made up like everything else I've penned in this thread sans proof, for that's how I roll.

Teach a man how to fish and he'll never go hungry; give cocksuckeroverflow a fish and he'll stick his dick in its mouth while a third dude records the event -> http://www.slutload.com/video/2-guys-1-fish/8CKfj7wznKVz/
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March 15, 2017, 10:17:02 AM
 #2631

QTUM on Russian blockchain social media platform https://golos.io/ru--blokcheijn/@cryptoscope/qtum-poluchil-usd1-million-ot-angelskikh-blokchein-investorov



MoozicoreWORLDS FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN
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March 15, 2017, 10:26:19 AM
 #2632

When does the ICO start?
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March 15, 2017, 10:33:17 AM
 #2633

I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack ...


It seems you've been using this address for other stuff than Qtum, look at all these emails you got on it.

Busted lying glebby! ... Again  Grin

Why in the world would such a big project be interested in hacking emails? If you want to lie, try something actually reasonable. fabulating like this only discredits you more!
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March 15, 2017, 10:36:20 AM
 #2634

Gleb, you're a fucking idiot. You sounds like you're ass is owned by some Ether fan millionaire.

You are FUCKING DRIVING PEOPLE TO THIS ICO with your trolling.

Haters called Bitcoin a scam.
Haters called Ethereum a scam.
Haters calling Qtum a scam.

Shut the fuck up and let people read the background. I actually changed my mind this week. I'm investing in Qtum with a measly 5btc just to annoy you. If I get my funds back then I'll come back here and call you a cunt again. Oh btw, you're a cunt.

I'll PM you confirmation from the crowdsale so you know I'm not full of piss and vinegar.
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March 15, 2017, 10:54:11 AM
 #2635

I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack ...


It seems you've been using this address for other stuff than Qtum, look at all these emails you got on it.

Busted lying glebby! ... Again  Grin


Why in the world would such a big project be interested in hacking emails? If you want to lie, try something actually reasonable. fabulating like this only discredits you more!

What a fuckin' idiot! Of course I've been using that email for other stuff. I've maintained it for over ten years. Every time I start another email account, I used the one depicted as the backup email account for notifications et al. as I clearly stated above.

Is it possible that that fish sucked your brains outta your dick, cocksuckeroverflow?

Speaking of being discredited, please provide this community where you've been cited by various periodicals. We'll wait.

Meanwhile, I'm gonna blow my brains out because ArabMist called me a fucking idiot.  Cry That, and because I've been DRIVING PEOPLE TO THIS ICO with my trolling.  Roll Eyes WOW! That cocksuckin' fish must really get around.  Shocked
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March 15, 2017, 10:55:49 AM
 #2636

Gleb, you're a fucking idiot. You sounds like you're ass is owned by some Ether fan millionaire.

You are FUCKING DRIVING PEOPLE TO THIS ICO with your trolling.

Haters called Bitcoin a scam.
Haters called Ethereum a scam.
Haters calling Qtum a scam.

Shut the fuck up and let people read the background. I actually changed my mind this week. I'm investing in Qtum with a measly 5btc just to annoy you. If I get my funds back then I'll come back here and call you a cunt again. Oh btw, you're a cunt.

I'll PM you confirmation from the crowdsale so you know I'm not full of piss and vinegar.

You look like a madman. Gleb all structurally stated and made his conclusions with which many agree, many disagree. To invest or not is your decision, so everything is in your hands. And so your attacks are like a paid PR

Gleb Gamow
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March 15, 2017, 11:03:15 AM
 #2637

Gleb, you're a fucking idiot. You sounds like you're ass is owned by some Ether fan millionaire.

You are FUCKING DRIVING PEOPLE TO THIS ICO with your trolling.

Haters called Bitcoin a scam.
Haters called Ethereum a scam.
Haters calling Qtum a scam.

Shut the fuck up and let people read the background. I actually changed my mind this week. I'm investing in Qtum with a measly 5btc just to annoy you. If I get my funds back then I'll come back here and call you a cunt again. Oh btw, you're a cunt.

I'll PM you confirmation from the crowdsale so you know I'm not full of piss and vinegar.

You look like a madman. Gleb all structurally stated and made his conclusions with which many agree, many disagree. To invest or not is your decision, so everything is in your hands. And so your attacks are like a paid PR

The astute agree; those who disagree wanna take part in Qtum's pump and dump in spite of Qtum stating that this IS NOT A GET RICH SCHEME. The latter need as many sucker fish as possible trading so that they can be taken advantage of. Read ArabMist's post history and you'll soon realize what his game plan is.

Those fuckers continue to claim that I get paid to post, yet for two years now they have yet to offer up one iota of proof in backing their claims. Why? BECAUSE THERE AIN'T ANY!
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March 15, 2017, 11:05:32 AM
 #2638

Gleb, you're a fucking idiot. You sounds like you're ass is owned by some Ether fan millionaire.

You are FUCKING DRIVING PEOPLE TO THIS ICO with your trolling.

Haters called Bitcoin a scam.
Haters called Ethereum a scam.
Haters calling Qtum a scam.

Shut the fuck up and let people read the background. I actually changed my mind this week. I'm investing in Qtum with a measly 5btc just to annoy you. If I get my funds back then I'll come back here and call you a cunt again. Oh btw, you're a cunt.

I'll PM you confirmation from the crowdsale so you know I'm not full of piss and vinegar.

You look like a madman. Gleb all structurally stated and made his conclusions with which many agree, many disagree. To invest or not is your decision, so everything is in your hands. And so your attacks are like a paid PR

Ah, another fucking idiot.
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March 15, 2017, 11:25:20 AM
 #2639

yet for two years now they have yet to offer up one iota of proof in backing their claims. Why? BECAUSE THERE AIN'T ANY!

It's not hard to prove, just googling your name brings up not one, but many proofs, and a dark history of your past deeds and many troll names, including a video of you promoting a scam as a good product!

https://www.google.co.uk/?gws_rd=ssl#q=Bruno+Kucinskas&*

Here's a cherry-pick:

http://bitcoinscamphinnaeusgage.blogspot.jp/

https://bitcointalk.org/index.php?topic=1012713

https://www.youtube.com/watch?v=iO-EGJhdx4U (aforementioned video)


Also good try posting your own "glebby is a scammer" threads to drown the real ones in the search results  Grin

Not smart enough glebby!

Meanwhile make sure to transfer your troll pay in time to a Chinese exchange so you can buy Qtum  Grin
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March 15, 2017, 11:28:43 AM
 #2640

It is said that Qtum's source code is copied bitcoin, ethereum and ppc&blk, and it was discovered by some clever coders. It is over Qtum, only stupid people invest in you.
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