A link in the post which when clicked reveals the original source is not the work of someone trying to claim as their own you fucking sniveling roach.
I don't see link to original source in this thread:
https://bitcointalk.org/index.php?topic=559028.0 http://archive.is/o2vaM
Besides, original post:
I'll break it down for you fellas.
Here are some facts.
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
Archived:
http://archive.is/QK9BwCopy/paste:
hehe they will accuse anyone to hide their scam...
LET THEM ARGUE WITH THESE FACTS
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
noob fools saying i think it is nice people mining early get more coins...lol you silly noobs.
you would all be crying when a coin comes out with no wallet and a HUGE HUGE HUGE % of minting is mined in 24hours that you will never have a chance at you silly people.
keep quiet over thing you don't understand.
Just print this to anything they say!!!!!!
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
the more they try to justify or excuse it the more people get to read about the scam..............
in the end they will accept it is best to shut up about it and hope people forget.
http://archive.is/U4hrVAnd many times in this thread
https://bitcointalk.org/index.php?topic=559028.0;all archived:
http://archive.is/wB5QT
we are seeking the truth not opinion as to whether it is okay to hog all of the coins because a couple of other coin devs have tried the same thing.
Create a thread about those coins and point out these facts.
You are not seeking truth, you are seeking to distort the truth, hence why you keep deleting my posts.
Hehe yeah okay... sorry i'm deleting your posts because you are trying to derail the thread. I don't want to hear you think feathercoin is worse. Fine go make a feathercoin comparison elsewhere.
Not derailing at all, the post was very on topic actually, you just disagreed with it so you deleted it. Anyways, I'm done with this thread, have fun trying to bring down darkcoin.
You're done with it because you know what has been said is true. All that is left is for you to try and justify it.
Sadly you can't justify this...
I'll break it down for you fellas.
Here are some facts.
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
anyway yes you stayed civil more than most do ....so goodbye and i wish you well.
Wow, I just read a great response from someone about early prices of the coin, very detailed and fair, yet see it was deleted. I half expect my post to get deleted now.
If you want to do a self-moderated thread, and do it right, you need to do it like how BCX handled his AUR threads. Allow dissenting opinions, allow people to say what they want, just remove obvious troll posts. Yet you seem to be removing any post you don't agree with, or those that don't fit into your agenda. It makes threads like this worthless.
LOL this thread is not about the early prices of darkcoin, let him make another thread about the early prices if he likes. It has no bearing on the instamine we are discussing.
The thread must not get derailed simple as that.
If you post again make sure you have something factual regarding the points in the OP or make your own thread.
This is how threads get derailed, next we have people arguing why the price went up and down. Is the current price in danger or a massive dump by a single person. This thread is not about these things.
Perhaps take some interest in facts regarding what the thread is about.
I'll break it down for you fellas.
Here are some facts.
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
then if you then want to discuss the great cheap prices of darkcoins that got dumped early go and make your own thread about it with alexgr.
At the time when Darkcoin was launched one of the biggest issues was premining, we made sure this was not going to be an issue with this. The launch date was even pushed back one day and people were waiting to start on the origional date, so the one day delay got even more people into the initial launch on the actual launch day.
As far as the launch TIME, the launch time was 8pm eastern time in the US. But no matter what time the coin was launched someone where in the world it would be a bad time.
Honestly IF this was designed as a scam coin do you think there would be this much development effort in adding new features and helping to fix problems with others, ie KGW? KGW was completely rewritten and immediately opensourced for anyone to use.
Typically a scam coin is a pump and dump, and there are MANY coins that are that way.
I understand the issues that have been brought up and we have had many questions and issues brought up since launch and we have tried to address them as we could. We have made alot of changes to the code to address people issues.
What a pile of rubbish. You are trying to bring the time thing in again. Yes the time was not the best but since it was announced it does not really go against drk that much.
However to avoid the premine issue....hehe when people were catching on and moaning about 1% 2% premines you decided to be sure to get an even larger % don't you by cutting out windows miners and instamining far far far more than 1% or 2%
This is the most obvious bunch of excuses i ever heard of.
You need to address these FACTS not give excuses...
I'll break it down for you fellas.
Here are some facts.
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
LOL this thread is not about the early prices of darkcoin, let him make another thread about the early prices if he likes. It has no bearing on the instamine we are discussing.
The thread must not get derailed simple as that.
If you post again make sure you have something factual to add to the discussion or make your own thread.
The point he was making was, even if you felt the instamine was unfair, there still was a great opportunity to buy the coins at an insanely cheap price. So in reality, the instamine didn't hurt anyone's chances of getting the coin. To me, that is a valid point, and shouldn't have been deleted. It wasn't derailing the thread at all and was on-topic -- unless you just want threads agreeing with you all the time, that is.
You can say that instamines are unfair, I get that. I won't even disagree, if the dev goes crazy with it. But I think most people in the DRK thread already know about the instamine, so it's not like something new that has just been uncovered. Personally, a small amount of instamine doesn't even bother me, as unlike a lot of people here, I feel a dev should be rewarded for his work. Whether DRK's instamine qualifies as a 'small amount' is certainly up for debate though... I expect it's a bit more than 'small'. I certainly wouldn't call it a scam though.
The point here is the devs did go CRAZY with the instamine.... i'm talking CRAZY CRAZY can you not read these facts....
I'll break it down for you fellas.
Here are some facts.
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
poornamelessme
i am not here to advise people to invest in btc or drk. I am here to discuss the instamine of dark coin. Any coins distribution can be skewed by whales..... this is not the time to discuss that. We need to keep the thread on target.
that is it period.
As i said if we are done here and there is no argument regarding these facts below
I'll break it down for you fellas.
Here are some facts.
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
and the fact there was no windows wallet to allow mining by windows users.
If we are all in agreement with this then we can leave drk coin now. I am not here to destroy it. I am hear to get agreement it was a scam from the start.
If you think it is a good investment still that is fine. Who knows.
There seems no arguement back now it is turning into a justification thread. Time to move on and forget it unless you want to continue to debate it.
Yes there could be worse scams.... feel free to make threads about them. All scam coins should have the fact they were scams highlighted.... so go ahead pick a coin... see if it was a scam. If the evidence suggests it was start a thread it's fun to debate these things.
The way I looked at it a larger block size at the beginning is the incentive for people to get it at the start. If the block reward we low at the beginning its would be harder to get people to start mining. Miners need a reason to stop mining what ever they were currently mining and move to darkcoin.
Am I wrong?
Don't insult the intelligence of people on this board with this rubbish.
We want to attract miners lol.... start by providing a windows QT ...you want minerslol but you don't want them to be able to mine??? It was a scam plain and simple.
How can anyone argue with this - there is no justification for cutting windows users out from this super instamine period. That windows users were cut off from.... please understand the magnitude of this Instamine it is MASSIVE>
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
bad launch time plus ninja launch is far worse than any instamined coin with ANN
+1
We're in this sea of endless clones with massive premines and ninja launches and this guy chooses to attack one of the very few coins that is trying to innovate.
This. I don't care if it was instamined, it brings something new to the table.
LOL what a strange idea?? i don't care if the dev and his pals can take an extreme cut of the coins ?? are you for real ? Let's me serious on this thread a coin pretending to be fair with no premine taking a huge instamine is not okay. If it is okay for dark to release with instamining super powers then all coins should be allowed.... do you want all coins released without a windows QT and the devs hitting the super instamine button?
Instamines especially those that make sure there is little competition from miners by releasing without a windows qt are possibly WORSE than premines of a similar size. Yes you can instamine a huge % of the coin in a VERY short period of time with no other competition around. It is worse than premine because not only do you take a huge % of the coins which is the same as a premine, you also take all of the easy coins at the start from miners so it is a double whammy for miners.
I understand that it's not fair to launch without a Windows QT (not that I particularly care about Windows users), but the fact of the matter is, the devs actually made something new. They didn't just copy and paste another shitcoin's source and call it a new coin. Don't you think the time they spent coding should be rewarded? You could say they should have premined, but this fucking community feels like that's so bad. It IS bad, but only when the dev isn't a dev at all. If someone did real work, they should be rewarded for it.
Also, every coin ever has been instamined. Maybe not to this extent, but it still has been.
This is off topic however one time answer to this ....
But your message is this.... Yes you acknowledge it was an instamine scam excluding deliberately all windows user, but you don't care about windows users?? so it is okay?
Also did you read this and understand the actual magnitude of this instamine??
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
That coupled with no windows wallet - there can be NO justification..
Yes now on to the innovation. To me yes it seems they have put in some work and continue to do so. Do they deserve some coins. Yes. However this does not justify the AMOUNT they have and the way that they took them.
Look are we in agreement these are the facts below.... no windows wallet +
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
If we agree these are the facts fine let's leave it. At least i see no lies coming from you guys... you admit it was an instamine scam. End of story. There is no justification for this kind of thing.
I am happy to let it drop. There is nothing more to gain. It was a scam start, the distribution was DREADFUL that is the end of it people should decide if they support it or not now they have the facts.
Constanly trying to justify it on here is not going to change the facts.
I am ready to move on and forget it. It makes no difference to me the damage is done, they have got away with it it seems. The next coin that tries it we will be ready and stop it before it goes too far.
The max coin was changed after a lengthy discussion on the topic and it was the community that decided on that.
I have addressed your issues and all of these have be addressed before by the community.
If you dont like it, i apologize, but you dont seem to want to hear what I am saying as you say it is BS. But the facts are the facts.
Anyone holding any decent amount of drk coins will always vote to decrease the minting because the value of their coins rises. This means nothing regarding the facts here below and no windows wallet on the launch for extra scam.
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
so long as you are not refuting these facts it's fine, that is all i wanted to establish. There is no reason to justify it. It's enough you admit it.
I'm happy to let it rest now. People will decide on their own to support or not support it.
I am interested in the truth not in grinding away this axe forever and ever. There are perhaps worse coins out there so let's not get fixated on just one.
The damage is done and past with dark coin nothing can be changed now.
Just for the record, I don't think she should be permabanned for copy/pasting which happened more than 4 years ago. 1 month ban is more than enough for this case in my opinion.
Btw, I really want to know who is hiding behind brand new account. Be a man and post from real account. Don't be pussy.
