Don't forget cryptojake, he is also the brain behind scam BTCPoop.
I think you are missing the two main characters besides Jake and those are
Tai Zen and
Leon Fu. Probably not their real names. All three are probably hanging out here with new Newbie names on a daily basis. If you noticed Coinbase also block Tai Zen's account whern he tried to cash out big chunk of fiat/BTC after the fork (look at his Twitter
https://twitter.com/HeyTaiZen/status/979118357185286145).
Rhett is just the innocent front, they gave me a couple of thousand bucks to keep in happy. The "puppy".
This was a carefully crafted one, not like Bitconnect, those guys did it wrong.
So if the game was over 10 minutes after the fork completed and all ZCL was sold at $86+ on Bittrex, then why are they still here? Because the biggest piece of the game is still not played. The post fork disaster was just a small part of this deal.
The bigger part is the BIP9 where they take they start removing BTCP from unclaimed accounts and that is to the tune of $200M to $1B. But they cannot cash out without having this BTCP listed on large exchange to have liquidity. They wiped out all the liquidity and buy orders on Bittrex ZCL exchange, in collaboration with Bittrex that locked up the wallet for deposits and DDOS'd tradesatoshi so there was no competition in the mass sale of ZCL.
I did personally lose a good chuck of changes on this but boy I am stunned by the complexity of this "game" that was played. Even right now, now one is noticing the BIP9 that is clearly posted on their Whitepaper. They are going to take millions of BTCP from unclaimed BTC wallets like Satoshi's and dump them. I really hope this goes to less than 1 satoshi very quickly before they can finish the BIP9. 70 Developers. My A$$.
I don't see how they could use BIP9 to get access to all the unclaimed coins, but there is something extremely fishy with Jakes's 'coins in circulation' number. It's impossible that there could be 20.3+ million coins in circulation now or ever. The real number is likely about half that much and probably even less.
They are either:
1. Inflating the number in an attempt to get a higher listing on CoinmarketCap
2. Pulling some scam where all those lost bitcoins and unclaimed BTCP are magically put in Jake and Rhett's wallet. In this case, there could be 20+ million in circulation or more.
Either way, they are flat out lying about the number of coins in circulation.
I'm not trying to be rude but it sounds like you don't have a brain to share between you.
1. the numbers aren't inflated CMC is not infallible. the supply includes unclaimed coins which is the reason BTCP was thinking of burning unclaimed coins after a while so that CMC can reflect the true circulating supply. and ... more supply does not inflate rank or market cap it does the opposite so it would be disadvantageous to have a higher supply listed than is true. low supply is good. which is a hidden reason why BTCP is so under-valued. many coins aren't claimed... and the team isn't sure if to burn in a Year or not at all.. (listening in on discord chat).. because either way people won't be happy.
2. that is impossible. "Gendarme - 04/03/2018
Burning coins means modifying the public UTXO set" it does not make them accessible.. it removes them completely freeing up those coins to be mined toward the total supply cap later (years on)... the only urgency for burning the unclaimed coins.. is to fix CMC stats.
people seem to not even know the meaning of the words they are using... and have the complete contrary idea for the conspiracy they are trying to push... I can see why everyone here turns to conspiracy when they are this stupid.
"if price doesn't reflect my expectations immediately.. is obvious scam".
3. you're buying into a privacy coin and your evidence the entire thing is fake is because a guy,.... on the internet... has an alias? he goes by more than one name? what did you really think his birth name was crypto-jake.. I mean how stupid are you? wow it is JACOB ILLUMINATI CONFIRMED!!! why buy into a privacy coin if you don't even know what the word means?
4. this was and still is one of the most positive projects i've seen... their coin is solid and their aims are simple... maintain privacy in crypto space. accessible to anyone who wants it. with so many reports of btc addresses being linked to people... privacy is more imporant than ever.
5. exchange listing can be a literal nightmare... read this article for example from one coins experience of kucoin:
https://medium.com/verifyas/our-kucoin-listing-nightmare-and-why-its-the-last-place-you-should-list-3af019e4e7f6it is this whole shifting the goal-posts thing... you can't just throw bitcoin at an exchange.. aka the price they ask to list and have it happen... even bittrex isn't straight forward, it is very corruptible.
kucoin dead set asked cred how long they could run fake volume as if that is a prerequisite to be listed? people just want an authentic service and an exchange that functions as well as the blockchain.. not all this politics.
6. we are currently in a bear market phase atm, which is defined by a time of extreme uncertainty and doubt... a crisis point of sorts that has no resolve.
back when bitcoin cash was being talked about (8mb blocks)... I remember every exchange hands down saying they wouldn't support it... coinbase flat out said "no take your btc somewhere else if you want it"...
this is a greed driven market and one of the only reasons bitcoin cash is everywhere today is because people saw their unclaimed bitcoincash as money... but it took a couple of exchanges to fold... or to support for it to be worth anything.... and inevitably even coinbase folded to a class action lawsuit put against them by silver and miller lawyers... people paid.. bitcoin.. to get access to their 'free money'....
there was SO MUCH trash talk at that time about how bitcoin cash was shit... and the price tanked hard... I started buying into btc just to get some... and I didn't think it was that bad because I didn't listen to all the bs like what is happening to this thread... I just saw... a practicality .. 8mb blocks... and asked myself what that means and will it be useful.. and yes I felt after researching..it served a purpose...
7.
bitcoin private servers a purpose.. and it is just simple... functional and underneath all the people who hate it because they lost money going ballsdeep in a bear market... and have no other reason to dislike it... it is a positive community of supporters still. sure people like profit this is a greed driven market.. but I don't really see how investors in the coins would think it is a good idea to spend all their time... fudding it in the official thread? like just kick yourself in the balls more?
but my main point is... ZCL diving in price wasn't a BTCP team sell off... you have to be an absolute moron to have expected ZCL to hold its value.
ZClassic to BTCP is what XMO is to Monero.... it was obsolete as soon as it happened. ZClassic got superseded... and we all know the price of ZCL went skyward to the price that reflected how much people wanted BTCP... everyone with 1/8th of a brain knew it was going to dive hard and every man and their dog's plan was to dump as soon as they could after claiming their BTCP.... I don't understand how... ZCL going down is apart of some grand conspiracy .. but I can understand how greedy people would think that if they lost money to that situation...
people love this idea... that something was a scam because it takes away blame from themselves being an idiot... or just not a very good trader...
I personally think it is much better to just admit you were in error.. and I do this all the time.. owning my mistakes is personally how I grow as a trader... and how I improve... and how I gain a positive out of negative situations. always blaming someone else... means you will be pretty set to do that same things wrong again and again.. because in your mind.. you're just brilliant at everything/being greedy, even if you don't get the prize. you didn't read the situation wrong, you didn't figure out how it could turn bad.. you just dove in during a tank market. and shit happened... and btcp has been stunted for what ever reason.. but mostly people are just hyper impatient. bitcoin cash took a while to come good.
8.
in short... it is a pain to watch people fill the official announcement with garbage and nonsense... instead of being accusational.. just ask what you're wondering and get a response. the main reason people aren't doing that is because they will come across as how stupid their question is.. but i'm here to inform you that making stupid statements isn't any better. so just ask questions and people in the community will try answer them.
9.
it isn't difficult to buy Bitcoin Private... just go on nanex:
https://nanex.co/exchange/BTCPNANO generally avoid trade satoshi they aren't very reliable and go into maintenance all the time
Nanex has been seamless and is blisteringly fast.
but yeah... as soon as BTCP hits a high volume exchange ...it should start reflecting true value... but who knows in this market
+ when exchanges look to list they do actually go research and check the ANN.... and people making up stuff about infinity BTCP from a wallet glitch is just deleterious... a wallet cannot invent coins on the blockchain... over and over. it is a shame the team doesn't see what's written here as worthy of a response... but that doesn't mean it is valid...
a bear market typically means no new capital is flowing into crypto-space too.. so it is actually in other coins interest to hold BTCP back.. as the rise in BTCP price would be coming directly from their market cap...
and with some of the petty things that have been going on in social media .. etc.. and illogical things written here you really have to wonder...
people are so prejudiced.. there is a post citing someone's age as if that means they aren't capable? this team seems smart enough to just keep their heads down and get on with making a freaking coin.. at the end of the day we just want a genuine exchange, with genuine volume and a coin that is private.
