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Author Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake  (Read 523800 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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April 01, 2017, 12:00:11 AM
 #3281

Let me ask you guys something.

I was rewarded by allcoin in BTC for what I invested based on their deal.

Do you think they'd just be rewarding people in BTC if it was a scam?

I don't get it.


I concede! I just realized that the new Allcoin made up of the same dudes as the old Allcoin honestly participated in Qtum's ICO via accepting BTC as payment in return for Qtum tokens. Further, ada84 has liquidated his Qtum tokens on Allcoin and was paid BTC. I am so fuckin (apologies to peepeeoverflow) stupid!

To recap, because of ada84's proof, Qtum IS NOT A SCAM.

We still have our QTUM tokens, however we were also paid out in BTC as a bonus as part of the deal they had going.

Not sure they'd be paying anybody out anything at all if it were a legitimate scam.

Food for thought.

That's exactly a page out of the biggest ponzi schemes in the world. Now spread the word that you got paid.
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April 01, 2017, 12:03:08 AM
 #3282

Let me ask you guys something.

I was rewarded by allcoin in BTC for what I invested based on their deal.

Do you think they'd just be rewarding people in BTC if it was a scam?

I don't get it.


I concede! I just realized that the new Allcoin made up of the same dudes as the old Allcoin honestly participated in Qtum's ICO via accepting BTC as payment in return for Qtum tokens. Further, ada84 has liquidated his Qtum tokens on Allcoin and was paid BTC. I am so fuckin (apologies to peepeeoverflow) stupid!

To recap, because of ada84's proof, Qtum IS NOT A SCAM.

We still have our QTUM tokens, however we were also paid out in BTC as a bonus as part of the deal they had going.

Not sure they'd be paying anybody out anything at all if it were a legitimate scam.

Food for thought.

That's exactly a page out of the biggest ponzi schemes in the world. Now spread the word that you got paid.

I hear you. Fingers crossed.
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April 01, 2017, 01:52:21 AM
 #3283

More proof it's a scam:

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April 01, 2017, 05:41:22 AM
 #3284


That's exactly a page out of the biggest ponzi schemes in the world. Now spread the word that you got paid.
I think he's talking about some cashback deal that Allcoin was doing where they gave you a percentage of what you invested back, a few of the ICO sites were offering similar promos.
But it would be nice if he clarified what he's talking about.

Anyways, I don't know why you guys spend all day posting here about how it's a scam-the ICO is long over. Even if it was actually a scam what good does wasting your time posting here do?

I think this is going to be a legitimately great altcoin and invested my own funds and didn't get any cashback or whatever and to be honest I would like to have invested more so I'm hoping there'll be another chance to buy the tokens cheap on an exchange once it's released.  The merging the best parts of bitcoin and ethereum and having an edge on the Chinese market is a big deal, only a moron would run this as a scam when they have the opportunity to genuinely make crazy amounts of money by making this succeed.

The only real risks here are the same that apply to any crypto in China-if it gets big enough the Chinese government will likely go crazy regarding KYC/AML, but hopefully being a Chinese project will help them smooth things over.

As for posting the addresses for funds raised I'm pretty sure the reason they don't want to do that is that the exchanges got a pretty decent cut for helping to run the ICO and they don't want to show that.  Pretty sure that the exchanges got at least a 5% cut of BTC received, if not more like 10%.  But that's ok, they distributed the risk of any one exchange screwing up over a few.

Anyways, I'm going to be just blocking the people who just constantly sit here posting scam over and over, it's meaningless garbage and serves no purpose now that the ICO is over.  If you wanted to warn people before the ICO so be it, but what's the point now that it's over?  You' just wasting your time and other people's time reading this garbage.  Go take a walk or something and figure out a way to make some actual money instead of posting garbage here.
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April 01, 2017, 05:43:56 AM
 #3285

I think there may be insider buying, but most are made by Chinese whales, they don't know the fake CV scandals, they even can't access BCT forum without VPN.
I don't think BCT is blocked in China, at least it wasn't last time I went there.
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April 01, 2017, 05:45:41 AM
 #3286

More proof it's a scam:


Haha

What is the exact purpose of those icons ?
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April 01, 2017, 05:49:14 AM
 #3287

Despite all these dramas, Qtum is still one of the most innovative and promising platforms in 2017.

if the development team can delivery the project on time, then Qtum will be the first POS Smart Contact platform with compatible with EVM.

and personally i think the UTXO model has more flexibility than account model. that's maybe some advantage of Qtum project.

and i like the "Go Mobile" strategy. No one want to use the DAPP in their PC computer.
Yeah I can't wait to see if this really allows Ethereum style DAPPs to be functional on mobile devices without requiring what's essentially a centralized server to actually run the DAPP (which honestly rather ruins the point of anything being a distributed app).  Having people sync a huge blockchain to run DAPPs is completely impractical even if you prune the Ethereum blockchain, nobody wants to download a 4GB of blockchain data just to use a DAPP and the fact that the blockchain would keep eating up more and more space on devices is a huge problem.

Regardless of whether the ICO was particularly transparent or had a lot of risks the ideas behind Qtum are legitimately important things to help bring forth the next generation of blockchain tech.  If it really works we'll finally be able to use blockchains anywhere and everywhere.
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April 01, 2017, 05:50:23 AM
 #3288

You prefer to believe Gleb Krampus  Grin

Look at the amount of media reporting this, you cannot bribe that much people, think about it!
Stack, just put these fools on ignore-I think half this long ass thread is just you arguing with these trolls.
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April 01, 2017, 06:09:36 AM
 #3289


That's exactly a page out of the biggest ponzi schemes in the world. Now spread the word that you got paid.
I think he's talking about some cashback deal that Allcoin was doing where they gave you a percentage of what you invested back, a few of the ICO sites were offering similar promos.
But it would be nice if he clarified what he's talking about.

Anyways, I don't know why you guys spend all day posting here about how it's a scam-the ICO is long over. Even if it was actually a scam what good does wasting your time posting here do?

I think this is going to be a legitimately great altcoin and invested my own funds and didn't get any cashback or whatever and to be honest I would like to have invested more so I'm hoping there'll be another chance to buy the tokens cheap on an exchange once it's released.  The merging the best parts of bitcoin and ethereum and having an edge on the Chinese market is a big deal, only a moron would run this as a scam when they have the opportunity to genuinely make crazy amounts of money by making this succeed.

The only real risks here are the same that apply to any crypto in China-if it gets big enough the Chinese government will likely go crazy regarding KYC/AML, but hopefully being a Chinese project will help them smooth things over.

As for posting the addresses for funds raised I'm pretty sure the reason they don't want to do that is that the exchanges got a pretty decent cut for helping to run the ICO and they don't want to show that.  Pretty sure that the exchanges got at least a 5% cut of BTC received, if not more like 10%.  But that's ok, they distributed the risk of any one exchange screwing up over a few.

Anyways, I'm going to be just blocking the people who just constantly sit here posting scam over and over, it's meaningless garbage and serves no purpose now that the ICO is over.  If you wanted to warn people before the ICO so be it, but what's the point now that it's over?  You' just wasting your time and other people's time reading this garbage.  Go take a walk or something and figure out a way to make some actual money instead of posting garbage here.

Again, how does one invest in the nonprofit Qtum who's 100% on record in stating that the purchase of its tokens IS NOT an investment vehicle. I don't get it.

Re in bold above, see my sig. Participate in my $250,000,000 ICO, the largest crowdsale offering in the history of mankind.
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April 01, 2017, 07:25:39 AM
 #3290

You prefer to believe Gleb Krampus  Grin

Look at the amount of media reporting this, you cannot bribe that much people, think about it!
Stack, just put these fools on ignore-I think half this long ass thread is just you arguing with these trolls.

So you're not interested at all in why Qtum refuses to provide tx ids or addresses to prove they hold the ICO funds they claim to have collected? Even though they promised to be transparent with their investors? You don't want to know that the funds you invested are indeed safe and where they are supposed to be? This is something all other projects do, so idk how you can say there is no more risk involved in this project vs others based on that fact alone. And isn't this additional risk of the funds not being transparent only amplified further by the fact that the cofounder of this project is known to have stolen funds from a previous one? Seems like a bad combination with obvious implications.  
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April 01, 2017, 11:07:12 PM
 #3291

I don't understand why John Scianna is on the team?

Their PR is fundamentally broken and the kid has achieved nothing before this project.

I don't get it?
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April 01, 2017, 11:13:23 PM
 #3292

I don't understand why John Scianna is on the team?

Their PR is fundamentally broken and the kid has achieved nothing before this project.

I don't get it?

give the kid a a chance

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April 01, 2017, 11:44:16 PM
 #3293

I don't understand why John Scianna is on the team?

Their PR is fundamentally broken and the kid has achieved nothing before this project.

I don't get it?


What's there not to get?

John Scianna is just there to round out the team made of Patrick or Steven Dai who ripped off Bitpay, Toni Markov (no longer listed; Time Markov's son), Caspal Ouyang (the foot-solving Rubik's Cube gold medalist), Neil Mahi (formerly Neil Sakr, the professional poker player whose biggest win online is ~$10 USD), Ibai Basabe (the concert pianist), and Roman Asadchiy (the Belarus dude whose relationship with Steven Dai goes back to their Bitbay days). Oh, and Qingzhong Gao of Allcoin (old Allcoin and new Allcoin), the Chinese exchange with its charter registered in Canada. Yet, this motley crew supposedly garnered $15M+ during Qtum's ICO. Can you say FUCKIN IMPOSSIBLE?

BTW, Qtum has NEVER denied any of the above because ... wait for it ... IT'S ALL FUCKIN TRUE!

https://steemit.com/qtum/@moh-rokib/qtum-utxo-based-pos-smart-contract-platform

Quote
Qtum core team comprises of several members, spanning the globe:  

Patrick Dai (China/Singapore) - Project Co-Founder
Neil Sakr (Morocco/China) - Chief Blockchain Architect / Co-Founder
Jordan Earls (USA) - Lead Developer / Co-Founder
Caspal (China) - Qtum Developer
Qiyu (China) - Qtum Web developer
DJaen (Sweden) - Qtum Test developer
Time Markov (Macedonia)- Qtum Developer
Toni Markov (Macedonia)-Qtum Developer
Alex (Belarus)- Qtum Developer
Mike Palencia (China / Colombia) - Project Manager
Brett (Canada) - PR / Community
John Scianna (USA / China) -  PR / Press
Ibai Basabe(USA/China)-PhD Product Manager/Researcher
Emiliano (Argentina) - PhD Document Writer / Researcher
Carry Shen (China) - PricewaterhouseCoopers (PWC) process control
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April 02, 2017, 02:02:48 AM
 #3294

Is it a 100% confirmed scam now?

Frank Lefty Rosenthal Signing Out.

The only part that's fun about gambling is when you win. Other than that, people might say the challenge is interesting, and most people enjoy the challenge, but the name of the game is win.
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April 02, 2017, 03:58:54 AM
 #3295

Is it a 100% confirmed scam now?

Frank Lefty Rosenthal Signing Out.


Bruno Signing In.

No. It was a 100% confirmed scam ago.

The Bruce Peterson of Qtum's last post:

-snip-

I know a scam when I see one, and Qtum is not a scam  Grin

Nice try digging through my old posts, that shows how desperate you are to find something, yet you got nothing!

PS: Please try to lower the level of vulgarity in your posts, I don't know what you are trying to achieve by being so vulgar!
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April 02, 2017, 10:39:18 PM
 #3296

Is it a 100% confirmed scam now?

Frank Lefty Rosenthal Signing Out.


Bruno Signing In.

No. It was a 100% confirmed scam ago.

The Bruce Peterson of Qtum's last post:

-snip-

I know a scam when I see one, and Qtum is not a scam  Grin

Nice try digging through my old posts, that shows how desperate you are to find something, yet you got nothing!

PS: Please try to lower the level of vulgarity in your posts, I don't know what you are trying to achieve by being so vulgar!

Gleb take a look on another Patrick's project - https://bitcointalk.org/index.php?topic=380441.msg18426200#msg18426200

He is one of the largest investors and supporter of Skycoin.....
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April 02, 2017, 11:13:42 PM
 #3297

Is it a 100% confirmed scam now?

Frank Lefty Rosenthal Signing Out.


Bruno Signing In.

No. It was a 100% confirmed scam ago.

The Bruce Peterson of Qtum's last post:

-snip-

I know a scam when I see one, and Qtum is not a scam  Grin

Nice try digging through my old posts, that shows how desperate you are to find something, yet you got nothing!

PS: Please try to lower the level of vulgarity in your posts, I don't know what you are trying to achieve by being so vulgar!

Gleb take a look on another Patrick's project - https://bitcointalk.org/index.php?topic=380441.msg18426200#msg18426200

He is one of the largest investors and supporter of Skycoin.....

I'll look into it, bud. Meanwhile, Team Qtum is in the process of deleting my posts from this thread of theirs. It's now only a matter of time before they implement Black Arrow's script where all my, among others, posts will automatically be deleted.

Qtum's Easter Greeting:

We want to say thank you to all our supporters who have been so loving, and the support has been so overwhelming through this trial that a lot of you have seen. Those posts, those tapes, those videos, that was released out on us to attack our character. That was spliced and diced. And they didn’t tell you everything. They didn’t show you everything, all the information. So, you know, per our legal team, we can’t say too much about it right now, but we want you to know that we would never mishandle Investards' money at all. And, uh, we would never misuse Investards' resources.

Our heart is to expand the Kingdom of Crypto. And that’s what we’re doing. So thank you for being patient. We’ll also be coming out with a statement to let you know the facts of everything. So if you will be patient and not rush to judgment, we would appreciate that.

So until next time, we come back to you, we just want to say “Merry Easter.” And we're so excited because we know when an attack like this come, crypto has something so great for the year 2017. It’s gonna be amazing. And what’s gonna happen for you is gonna be amazing. Satoshi bless you. And Merry Easter.
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April 03, 2017, 06:19:55 AM
 #3298


- https://qtum.org

Qtum, will probably replace ethereum because it is simpler and has fewer problems. The UXTO model is much cleaner. They have a lot of previous developers and have already done two previous coins and are the best team I have seen so far.


I won't trust dev that promoting qtum-SCAM.....

I have not looked at qtum's code.

We know the qtum founder and he is one of the largest investors in Skycoin from four years ago, before qtum or any of this. Some of the people around him are legendary scammers, but he is not a scammer.

I think Patricks role in the bitbay situation is exaggerated. I read through the arguments and it just sounds like drama.

Many of the people in the Bitcoin community are sociopaths. They often steal things or cause drama, then immediately blame it or scapegoat it on someone else. They are not even done stealing the money, before they go on campaign of moral indignation against the fall person.

I think Patrick was blamed for Bitbay because his personality makes him an easy victim for sociopaths and the human predators in the bitcoin community. There are people walking around, sizing people up and trying to determine whether they can manipulate someone, setup a scam, steal things and who is going to be gullible or a fall person.

If you knew the people involved, you would understand what the social dynamic is.

>Also how can you be so confident qtum is going to replace ETH based on it's tech when they haven't released code yet?


Ethereum is using an accounts model, like Ripple. Which is anti-blockchain and anti-privacy and very traceable. It is against the philosophy of Bitcoin.

All coins going forward will be on the UXTO model and it is best practice for blockchain. Moving turing complete smart contracts off of accounts model and onto UXTO is extremely important and that is what qtum appears to be doing.

We need to figure out how to do general computation on a UXTO model. Instead of being restrained to the Ripple/Ethereum accounts model.

I think they will get closer to the goal, but only get there part way
- thin client for smart contracts (major limitation for existing system)
- moving smart contracts onto UXTO (major milestone)

I do not know if qtum has succeeded, but they seem to be going in right direction. I talked to one of their technical leads and they were focused on "Getting it working with something we can do now" and then incremental improvement over time. So first implementing the Ethereum virtual machine on top of UXTO, then working out the research problems for a native turing complete UXTO language later.

I do not know if there is a way to full UXTO while still having "gas". I think you will need to get rid of the "gas". In the ethereum model to take full advantage. I do not know if qtum will be able to go far enough in doing that, but is heading in the correct direction.

Ethereum tries to be both a token and a computer.
- we started with pure tokens (Bitcoin)
- then we added a computer to the tokens (Ethereum)
- now we just trying to figure out how to build  pure computer on UXTO
- Then once we have the computer, the tokens or coins just become a program or entity running on this "distributed computer"

Bitcoin, Ethereum, qtum, byteballs, etc are just stepping stones. Towards a final solution. None of these will exist or be relevant in ten years. We are in an age of transition and I am looking at the projects that are getting closer to the goal, in a pure mathematical sense.


Even Skycoin is being ripped up and its foundations constantly rewritten when it is advantageous to do so. Bitcoin is static and relatively unchanging, while Ethereum has been able to get the community to accept constant small changes.

Skycoin is on a punctuated equilibrium model, where we do bug fixes and polishing, then completely rip up and rebuild the foundation as needed, then go back to bug fixes and polishing.

Right now, we are exploring new networking primitives and the advantage of immutable data structures, but are still on blockchain. Putting EVM on UXTO is heading towards immutable data structures from the perspective of computation, while we are heading towards immutable data structures from the path of consensus, networking and simplifying object synchronization protocols.

One of the pilots that is being spun out of that project is the distibuted, peer-to-peer social media platform built upon immutable data structures and peer-to-peer object replication. For this Skycoin chose a public key, cryptographic publisher/subscriber model and DAG immutable object tree. While Ethereum's project chose a Kadmelia DHT block storage model.

Ignoring the individuals and the drama, I am just looking at the "future direction" and who is heading in that direction.

>Also how can you be so confident qtum is going to replace ETH based on it's tech when they haven't released code yet?

I am not confident it will replace Ethereum. At the start, it will be equivalent to ethereum in terms of being able to run the Ethereum Virtual Machine (EVM) on top of qtum with UXTO. Then they will do a native language.

It will depend on the implementation. I do not know if qtum has succeeded, but they seem to be going in right direction.

Similarly, Byteballs may fail or may not exist in ten years, but they are pioneering the first experiments into replacing the Blockchain with a DAG. Which we have been considering for several years now.

Similarly, Bitcoin was the first but people are getting used to the idea that it will not be the final or best cryptocurrency. That it was just the first generation and that we can build better and improve it substantially.


so Bitcoin Ethereum Qtum Skycoin and Byteball.

that's the evolution of the blockchain technology.

another advantage of Qtum i think is it's based on proof of stake

running farm worldwide
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April 03, 2017, 06:32:06 AM
 #3299

Quote
i just hope Qtum can be 50% of Ethereum.
that's like 1 800 000 BTC marketcap.

and the initial marketcap is 27000 BTC

that means the crowdsale investors will have a 66.6 times profit in 2-3 years.

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April 03, 2017, 06:34:43 AM
 #3300

will OKCOIN list Qtum?  Cheesy


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