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Author Topic: Dash Instamine is a non-issue.  (Read 4401 times)
kingcolex
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April 18, 2017, 12:19:55 AM
 #41

The Dash instamine is partially responsible for the incredible rise of PIVX this past week and some of the other Dash Forks like Exclusive Coin. It definitely is not a "non-issue".
No the reason for their rise is Dash's current $ amount, don't let anyone fool you.

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April 18, 2017, 12:26:50 AM
 #42

Dash is a scam because of the instamine.  How is that a non-issue?  Car salesman like Amanda and Tao of satoshi weirdo are selling fairy dust to greater fools. You all are the greater fools..
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April 18, 2017, 12:32:39 AM
 #43

Dash is a scam because of the instamine.  How is that a non-issue?  Car salesman like Amanda and Tao of satoshi weirdo are selling fairy dust to greater fools. You all are the greater fools..
Tell my $1600 profit that and it would have been $3200 if I had waited to sell.

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April 18, 2017, 12:48:14 AM
 #44

Dash is a scam because of the instamine.  How is that a non-issue?  Car salesman like Amanda and Tao of satoshi weirdo are selling fairy dust to greater fools. You all are the greater fools..
Tell my $1600 profit that and it would have been $3200 if I had waited to sell.

I never said you couldnt make money from the scam.. but the sell to greater fools is generally what is happening.  Some people win, most will lose.
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April 18, 2017, 01:13:59 AM
 #45

First of all, those 4 reasons are all very apple/orange. That aside, it can't be demonstrated by any kind of pretzel-logic that it is a NON-issue. The best you could hope to say is that it is an overstated issue; an issue of far less importance than people give it.

I think the best defense of the instamine is this: the founders/creators of any currency deserve to be rewarded for the effort and incentivized to continue developing and supporting the project. The instamine serves that purpose admirably, and the continuing progress and development of the DASH protocol is evidence of that success.
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April 18, 2017, 01:29:47 AM
 #46

Dash is a scam because of the instamine.  How is that a non-issue?  Car salesman like Amanda and Tao of satoshi weirdo are selling fairy dust to greater fools. You all are the greater fools..
Tell my $1600 profit that and it would have been $3200 if I had waited to sell.

I never said you couldnt make money from the scam.. but the sell to greater fools is generally what is happening.  Some people win, most will lose.
It's not a scam when it does what it says it does, a scam takes money and doesn't give goods or services, the tech behind dash is solid that is why it was the first Crypto with instant tx and thats why I originally bought it. It has masternodes and a voting system, if Bitcoin had a voting system we wouldn't have constant spam attacks and teams trying to bully their way into forks.

It isn't a scamcoin it is obvious you drank too much of the koolaid and so are the others who cling on to copycoins thinking they will blow up and outshine dash.

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April 18, 2017, 02:55:50 AM
 #47

Dash instamine is a non issue lol it seems that you haven't been in Crypto long enough.


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April 18, 2017, 09:55:32 AM
Last edit: April 18, 2017, 10:12:22 AM by toknormal
 #48


It's an issue for trainspotting zealots who don't know when they've lost an argument.

For anyone else it's been a great investment and hasn't even begun to reach its full potential yet.

Luckily there are markets to allow both points of view to express an opinion.

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April 18, 2017, 11:00:33 AM
 #49


It's an issue for trainspotting zealots who don't know when they've lost an argument.

For anyone else it's been a great investment and hasn't even begun to reach its full potential yet.

Luckily there are markets to allow both points of view to express an opinion.



Which argument did those with proof that dash is a scam lose?
I'm interested?


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April 18, 2017, 11:15:32 AM
 #50


Which argument did those with proof that dash is a scam lose?
I'm interested?

That's because you excel in the category on the left - hey be my guest Wink
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April 18, 2017, 11:28:50 AM
 #51


Which argument did those with proof that dash is a scam lose?
I'm interested?

That's because you excel in the category on the left - hey be my guest Wink


So then you were just trolling and there is no answer to my question?

Which argument has been lost?


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April 18, 2017, 11:54:03 AM
 #52


Which argument has been lost?

LoL.

The argument that "Dash is a scam".
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April 18, 2017, 12:01:42 PM
 #53


Which argument has been lost?

LoL.

The argument that "Dash is a scam".


here have another read... denying a scam whilst being a known benefactor of that said scam and being full furnished with the facts proving it is a scam does make you a known scammer tok. I hope you realise that. The best you can do is acknowledge it is a scam and argue that the fact it is a scam is not an issue to some people. That is your best route. There is no other I can see for a known dash holder protecting his masternode investment. You've been here too long to make out you have no knowledge of the facts presented below. Therefore unless you want to be known as a scammer like qwizze and evans you can not continue to deny the facts and observable events that are there for all to study.

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.


SCAM = unfair and dishonest scheme = dash


This latest defence is so strange. Where are the victims ? what are you talking about it is there in black and white.

1. everyone who was told it was a fair launch LIKE ALL THE OTHER LAUNCHES AT THE TIME. - then prevented from mining fairly = scammed
2. everyone who was told there would be much more opportunity to mine ( then that got slashed by 75%) - prevented from mining the coins that were then taken away = scammed.

here are your victims.

3. everyone buying now thinking dash can go somewhere not knowing the scam it is will forever hold it back = being scammed.


Every dasher on here trying to scam others into supporting your scam = scammers.

I will be updating my scammers thread to add all of your names to it.

Denying a scam after it is proven time and time again to you in black and white = scam enabler and defender = scammer.


Threads examining the evidence of the captive instamine and reduction of the minting to magnify such instamining ...PROOF OF SCAM

https://bitcointalk.org/index.php?topic=999886.0

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

https://bitcointalk.org/index.php?topic=559028.0

https://bitcointalk.org/index.php?topic=995710.0

https://bitcointalk.org/index.php?topic=999084.0

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

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April 18, 2017, 12:54:19 PM
Last edit: April 18, 2017, 01:16:13 PM by toknormal
 #54


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

Well, like I say. You lost the argument (but apparently still didn't realise it).
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April 18, 2017, 12:55:49 PM
 #55

toknormal is a known scammer on bitcointalk. 100% of his time here is spent embarrassing himself, making himself look foolish, and defending the dash scam. but not necessarily in that order
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April 18, 2017, 01:31:58 PM
 #56


Which argument has been lost?

LoL.

The argument that "Dash is a scam".


here have another read... denying a scam whilst being a known benefactor of that said scam and being full furnished with the facts proving it is a scam does make you a known scammer tok. I hope you realise that. The best you can do is acknowledge it is a scam and argue that the fact it is a scam is not an issue to some people. That is your best route. There is no other I can see for a known dash holder protecting his masternode investment. You've been here too long to make out you have no knowledge of the facts presented below. Therefore unless you want to be known as a scammer like qwizze and evans you can not continue to deny the facts and observable events that are there for all to study.

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.


SCAM = unfair and dishonest scheme = dash


This latest defence is so strange. Where are the victims ? what are you talking about it is there in black and white.

1. everyone who was told it was a fair launch LIKE ALL THE OTHER LAUNCHES AT THE TIME. - then prevented from mining fairly = scammed
2. everyone who was told there would be much more opportunity to mine ( then that got slashed by 75%) - prevented from mining the coins that were then taken away = scammed.

here are your victims.

3. everyone buying now thinking dash can go somewhere not knowing the scam it is will forever hold it back = being scammed.


Every dasher on here trying to scam others into supporting your scam = scammers.

I will be updating my scammers thread to add all of your names to it.

Denying a scam after it is proven time and time again to you in black and white = scam enabler and defender = scammer.


Threads examining the evidence of the captive instamine and reduction of the minting to magnify such instamining ...PROOF OF SCAM

https://bitcointalk.org/index.php?topic=999886.0

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

https://bitcointalk.org/index.php?topic=559028.0

https://bitcointalk.org/index.php?topic=995710.0

https://bitcointalk.org/index.php?topic=999084.0

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

If it was a development requirements, or a premine for marketing campaign, ICO, the rest of the instamine would have been burned, that's what i said in other posts.
Is it possible to have some addresses to track them (he should have around 50 addresses) ? Does the nature of DASH makes this impossible ?
What is he saying about the coins ?


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April 18, 2017, 02:46:56 PM
 #57


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

Well, like I say. You lost the argument (but apparently still didn't realise it).


What you say and what the reality is for the rest of mankind are very different things.


Strange since in all recent polls on the main board illustrated that the vast majority knows dash is a scam.

There is no argument. There are simply the observable events that took place that clearly illustrate it is a scam and some excuses for those observable factual events from those that own and hope to profit further from dash.

You are making yourself synonymous with defending and profiting from a scam. The problem is keep denying it just results in the proof being displayed over and over again so it is more damaging to dash than just remaining silent. Remain silent and you don't become a famous scammer on here and dash doesn't keep getting the facts of the scam presented over and over. You, qwizzie and tao are just presenting opportunity for the facts to be presented over and over.

Let people buy dash if they want but if they ask about the instamine/premine apparently fair launch POW don't tell them it wasn't a scam. It makes you a liar and a scammer yourself.






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April 18, 2017, 03:28:37 PM
 #58


Let people buy dash if they want but if they ask about the instamine/premine apparently fair launch POW don't tell them it wasn't a scam. It makes you a liar and a scammer yourself.

Actually it would do just the opposite - I'd be 'scamming' them if I did describe it as a scam and steering them away from what is a potentially very successful investment.

In fact Dash is one of the best distributed and thoughroghly viable assets out there right now. One who's history, personnel, technology and trading characteristics have probably been under the microscope more than any other crypto. Where the development team are all known, hard working individuals. Well managed and one of the few that hasn't collapsed in acrimony, that's consistently created sensible roadmaps and delivered on them.

2 million or so coins were mined in the first few hours. The emission profile got changed early on. Deal with it. It isn't a scam, it's something for the market to price in. As such it takes its place alongside offerings that don't have the instamine so stop acting like some 3 year old kid that's not being given a choice of toddler tea. Your faux ethics and sanctimonious ramblings are a poor disguise for the fact that you're simply nettled at the valuation.

Drink some more herbal tea and filter line 4 on your coinmarket listing and the discomfort will subside Wink
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April 18, 2017, 03:56:31 PM
 #59


Let people buy dash if they want but if they ask about the instamine/premine apparently fair launch POW don't tell them it wasn't a scam. It makes you a liar and a scammer yourself.

Actually it would do just the opposite - I'd be 'scamming' them if I did describe it as a scam and steering them away from what is a potentially very successful investment.

In fact Dash is one of the best distributed and thoughroghly viable assets out there right now. One who's history, personnel, technology and trading characteristics have probably been under the microscope more than any other crypto. Where the development team are all known, hard working individuals. Well managed and one of the few that hasn't collapsed in acrimony, that's consistently created sensible roadmaps and delivered on them.

2 million or so coins were mined in the first few hours. The emission profile got changed early on. Deal with it. It isn't a scam, it's something for the market to price in. As such it takes its place alongside offerings that don't have the instamine so stop acting like some 3 year old kid that's not being given a choice of toddler tea. Your faux ethics and sanctimonious ramblings are a poor disguise for the fact that you're simply nettled at the valuation.

Drink some more herbal tea and filter line 4 on your coinmarket listing and the discomfort will subside Wink

Ha, what a lot of nonsense and excuses from a scammer who is intent on keeping the scam rolling on for as long as possible.

Of course people can profit from a scam. Scammers making money from scams is not a new concept.

It is simple. We have proven it was not a fair launch. They claimed it was a fair launch then made it as unfair as possible. That is called a scam.

You know this and still try to lie and benefit from getting in on the scam = you are a scammer.

It goes like this


1. say fair pow launch but take all of the coins for themselves at the start
2. reduce miners change by 75% of attaining the other coins that remain so their bulk of scam coins is worth much more
3. introduce a way to take more of the miners coins through masternodes
4. introduce a way to make all the decisions based on the easy bulk of the coins they took via scam start
5. introduce a funding scheme so out of their $100,000,000's of dollars of scammed coins they don't alone fund development that just makes them richer.


you can not build on top of that scam start.

other projects with fair start and not a proven scam will win against dash because at the end of the day not everyone one wants to benefit from being part of a scam like you.

the vast majority of this board knows dash is a scam...the vast majority of the board will come to know you are a scammer if you continue to spout the usual excuses and protectionist lies and nonsense that it cant be a scam because people involved make money and those providing factual observable events illustrating dash is a scam are upset at the success of the scam so far.

toknormal = scam protector, scam promoter = deliberate scammer.






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April 18, 2017, 04:06:29 PM
Last edit: April 18, 2017, 04:27:32 PM by toknormal
 #60


Like I say.

That herbal tea works wonders. Specially when what you keep saying's gonna happen keeps not happening Wink

P.S.  Re. "the vast majority". They're already invested, participating in masternodes, participating in voting, participating in ROI and participating in the future  Smiley

For example. Here's one of them that takes a somewhat more inspirational view than yours.
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