[ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake

[trademark]

This project is a hot mess now.  Glad they paid their bounties in Bitcoins and upfront. 

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[MoveCrypto]

I have delisted this from http://icocountdown.com

https://medium.com/@icocountdown/due-diligence-pack-for-qtum-7369ef48917b#.bs9mvh95n

Here is the reasons and rationale. I have been monitoring this for a number of days and it isn't looking good at all.

Hopefully the developers can do an interview soon with me and I hope I am proved wrong.

Shoutout to everyone that is conducting due diligence especially Gleb.

 

#Rektum

[ICOcountdown.com]

I have delisted this from http://icocountdown.com

https://medium.com/@icocountdown/due-diligence-pack-for-qtum-7369ef48917b#.bs9mvh95n

Here is the reasons and rationale. I have been monitoring this for a number of days and it isn't looking good at all.

Hopefully the developers can do an interview soon with me and I hope I am proved wrong.

Shoutout to everyone that is conducting due diligence especially Gleb.

 

#Rektum

Here is the tweet also, I @ them in it, so hopefully some answers come soon.

https://twitter.com/ICOcountdown/status/836316483504521222

[Gleb Gamow]

I have delisted this from http://icocountdown.com

https://medium.com/@icocountdown/due-diligence-pack-for-qtum-7369ef48917b#.bs9mvh95n

Here is the reasons and rationale. I have been monitoring this for a number of days and it isn't looking good at all.

Hopefully the developers can do an interview soon with me and I hope I am proved wrong.

Shoutout to everyone that is conducting due diligence especially Gleb.

 

#Rektum

Is this the part of the thread where memes take over?


"You know what I love more than creating cryptocurrency-hybrid ICOs? Buying Lamborghinis with bitcoins and smashing them for the fun of it, with Marshall Long videotaping the crash with one of his drones."

[examplens]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

[Bemerand]

Anyone who invested here will hurt soon because now the cat is out of the bag, the world will know that steven dai and QTUM are big fat scams.

It should be fun to see what happens from this though.

[scambust]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

The point is: QTUM's idea, coders and backers are so spectacular it couldn't be a scam

[bettercrypto]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

The point is: QTUM's idea, coders and backers are so spectacular it couldn't be a scam

Definitely they wanted to show people that they are very legit by offering high bounties to the promotional participants.  But then I think the hype of these high paying promotional campaign are gone to waste now due to this mess.  And I wonder why would they sacrifice the legitimacy of the project for one person's "shady"  activity?  Unless  majority of the funds come from this person.

[Bemerand]

STEVEN DAI the SCAMMER.

It has a nice ring to it.

[pugman]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

The point is: QTUM's idea, coders and backers are so spectacular it couldn't be a scam

I think the people they have hired are legit! Thats why they have been hired.

Its the founders that collect & run with the ICO money that's the problem. Just like when they hired legit coders for Bitbay and left them high and dry running away with 200btc & 200m Bitbay's & continuously dumped them on Bitbays investors for the last 2 yrs.

On a bright note they are all out of Bay now so their Marketcap will now rise and deservedly so!

[Gleb Gamow]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

http://www.coindesk.com/blockchain-angels-invest-1-million-bitcoin-ethereum-hybrid-qtum/

Dai told CoinDesk:

"We raised the money to prove that our approach is right. We used the money to do the minimum viable product. The testnet is live now, but it is private, it is already working."

Dai said that the Qtum Foundation could seek to raise up to $10m in the token offering. In Q3 of 2016, nearly $200m was raised in ICOs, according to CoinDesk Research data.

Qtum also claims to be partnering with PwC Asia, which both its team members and investors said will be providing accounting services for the project.

Just say that you got a million dollars in seed funding whether you did or not, then pay for marketing from the little seed money that you most likely did receive, then you and the seeders will enjoy their ROI stemming from the projected $10M payday. Don't worry if one of your co-founders is a known scammer in this space because your fellow associates making up 100% of your foundation WILL find NO proof that such is the case, else they, too, would loose out on the $10M payday.

Get the point of all this now? If not, have somebody read it to you very, very slowly, for it's difficult for some to grasp the concept after just one read-through.

[Bemerand]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

The point is: QTUM's idea, coders and backers are so spectacular it couldn't be a scam

I think the people they have hired are legit! Thats why they have been hired.

Its the founders that collect & run with the ICO money that's the problem. Just like when they hired legit coders for Bitbay and left them high and dry running away with 200btc & 200m Bitbay's & continuously dumped them on Bitbays investors for the last 2 yrs.

They still dumping them bitbay on stupid investors. I imagine Lin and Steven held over 500M bay at one point between them.

[pugman]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

The point is: QTUM's idea, coders and backers are so spectacular it couldn't be a scam

I think the people they have hired are legit! Thats why they have been hired.

Its the founders that collect & run with the ICO money that's the problem. Just like when they hired legit coders for Bitbay and left them high and dry running away with 200btc & 200m Bitbay's & continuously dumped them on Bitbays investors for the last 2 yrs.

They still dumping them bitbay on stupid investors. I imagine Lin and Steven held over 500M bay at one point between them.

They have been tracking their wallets and they are all sold up now and have been for a number of weeks.

Wouldn't call them stupid investors. Have you seen what has been created! Download the wallet and you will be like "jesus christ! this is amazing"

[Gleb Gamow]

Now, something everybody else has had trouble finding: https://www.worldcubeassociation.org/results/p.php?i=2007YUNQ01 (I found in less than two minutes after taking up the task of hunting it)

Here's his Linkedin page: https://www.linkedin.com/in/caspal/

[examplens]

I can't believe that is Qtum just another scum. I saw that they paid a lot of money for signature campaign and other bounty campaigns. All of the campaign are running in high rate?!
I can not understand what's the point.

http://www.coindesk.com/blockchain-angels-invest-1-million-bitcoin-ethereum-hybrid-qtum/

Dai told CoinDesk:

"We raised the money to prove that our approach is right. We used the money to do the minimum viable product. The testnet is live now, but it is private, it is already working."

Dai said that the Qtum Foundation could seek to raise up to $10m in the token offering. In Q3 of 2016, nearly $200m was raised in ICOs, according to CoinDesk Research data.

Qtum also claims to be partnering with PwC Asia, which both its team members and investors said will be providing accounting services for the project.

Just say that you got a million dollars in seed funding whether you did or not, then pay for marketing from the little seed money that you most likely did receive, then you and the seeders will enjoy their ROI stemming from the projected $10M payday. Don't worry if one of your co-founders is a known scammer in this space because your fellow associates making up 100% of your foundation WILL find NO proof that such is the case, else they, too, would loose out on the $10M payday.

Get the point of all this now? If not, have somebody read it to you very, very slowly, for it's difficult for some to grasp the concept after just one read-through.

clear.

So is there scammed only this investors, or we have more an individual? I guess it's difficult to determine the exact number of people

Also, how is it possible that serious players just the loss of a lot of money, and do not make the provision of money.

Investors in the company include a host of notable blockchain entrepreneurs, including ethereum founder Anthony Di Iorio, OKCoin CEO Star Xu, BitFund founder Xiaolai Li and Fenbushi partner Bo Shen

[phytosaw22]

It's not looking good. Especially since Dai goes by so many names...  That is sketchy as hell.

[Zwarg]

Obviously Patrick Dai is a scammer. But what about the rest of the team? They issued a statement saying the could see nothing wrong in Dai's past. That clearly incriminates them, but is it enough to conclude they are all scammers?

[ComponY]

Obviously Patrick Dai is a scammer. But what about the rest of the team? They issued a statement saying the could see nothing wrong in Dai's past. That clearly incriminates them, but is it enough to conclude they are all scammers?

They get paid from Patrick Dai, of course they will pretend to see nothing wrong in Dai's past. You know there is an old saying: money talks.   

[Gleb Gamow]

Obviously Patrick Dai is a scammer. But what about the rest of the team? They issued a statement saying the could see nothing wrong in Dai's past. That clearly incriminates them, but is it enough to conclude they are all scammers?

Now, something everybody else has had trouble finding: https://www.worldcubeassociation.org/results/p.php?i=2007YUNQ01 (I found in less than two minutes after taking up the task of hunting it)

Here's his Linkedin page: https://www.linkedin.com/in/caspal/

Here's his Twitter page: https://twitter.com/oyyq99999 (no mention of Qtum just like his Linkedin page).

Here's his GitHub page: https://github.com/oyyq99999 (Qtumproject is mentioned in his profile, his coding important if Qtum needs use of a Chinese lunar calendar).

http://alumnius.net/college_of_charlesto-9365-11

Machine Learning, Data Mining, Data Analysis, Teaching, Research, Fraud Prevention, Microsoft Office, Higher Education, University Teaching, Music, Training, Statistics, Public Speaking, Science, Editing, Nonprofits, Qualitative Research, Payments, Financial Services, Piano, Python, SQL, Matlab, LaTeX, C++, Finale, iWork, Photoshop, Dreamweaver, Flash Animation, Flash Design, Flash, HPLC, PCR, Graphic Design, Social Media, Microsoft Excel, Event Planning, Management, Social Networking, Strategic Planning, Entrepreneurship, Customer Service, Marketing Strategy, Project Management, Business Strategy, Leadership, Start-ups, Marketing, Social Media Marketing

Seriously, a Bitcoiner well-versed in the myriad frauds in this space, but when the dude who is educated in fraud prevention is presented with facts pertaining to the outfit in which he's an associate, it's time to don dark glasses and say ...

[phytosaw22]

So what's the status in the QTum Slack? Anyone ask these questions to the devs?