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Author Topic: A new way to scam newbies  (Read 4866 times)
Come-from-Beyond
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November 22, 2013, 10:52:15 AM
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Distributed Autonomous Corporation is becoming a popular trend. I predict we'll see at least one major scam related to DAC within next 6 months. Be careful.
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Trade101
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November 23, 2013, 02:30:00 PM
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could you elaborate what exactly is the problem?
Don´t see how this should work.

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Come-from-Beyond
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November 23, 2013, 02:43:25 PM
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could you elaborate what exactly is the problem?
Don´t see how this should work.

Decentralized Autonomous Corporation is just a vague concept with no strong theoretical background. But some guys are already exploiting this idea. First we had a lot of amateurs running exchanges, soon we will have amateurs launching DACs.
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November 23, 2013, 02:55:39 PM
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Distributed Autonomous Corporation is becoming a popular trend. I predict we'll see at least one major scam related to DAC within next 6 months. Be careful.

Like...ehm almost every new thing involving money ever?
Chances this prediction will come true aren't that bad.
Come-from-Beyond
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November 23, 2013, 02:59:14 PM
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Distributed Autonomous Corporation is becoming a popular trend. I predict we'll see at least one major scam related to DAC within next 6 months. Be careful.

Like...ehm almost every new thing involving money ever?
Chances this prediction will come true aren't that bad.


There is an already launched project related to DACs which looks very suspicious to me.
BldSwtTrs
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January 17, 2014, 04:03:39 PM
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Distributed Autonomous Corporation is becoming a popular trend. I predict we'll see at least one major scam related to DAC within next 6 months. Be careful.

Like...ehm almost every new thing involving money ever?
Chances this prediction will come true aren't that bad.


There is an already launched project related to DACs which looks very suspicious to me.
Can you be more explicit please?
Come-from-Beyond
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January 17, 2014, 04:20:48 PM
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Can you be more explicit please?

No, coz I don't have a proof.
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January 17, 2014, 04:23:28 PM
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Can you be more explicit please?

No, coz I don't have a proof.

you don't need a proof for suspicions
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January 17, 2014, 04:24:36 PM
 #9

Distributed Autonomous Corporation is becoming a popular trend. I predict we'll see at least one major scam related to DAC within next 6 months. Be careful.

Like...ehm almost every new thing involving money ever?
Chances this prediction will come true aren't that bad.


i got 5 on it

My negative trust rating is reflective of a personal vendetta by someone on default trust.
Come-from-Beyond
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January 17, 2014, 04:26:57 PM
 #10

you don't need a proof for suspicions

Right. But I do need a proof to post them publicly.
BldSwtTrs
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January 17, 2014, 06:16:38 PM
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you don't need a proof for suspicions

Right. But I do need a proof to post them publicly.
There are not a lot of projects which insist on DAC so I think every body know which one you mean.

But maybe you can elaborate on the reasons whith make looks this project suspicious to you?


(Btw I am suspicious that you are spreading FUD about a competiting project to yours for the only reason that it's a competiting project to yours. Coincidentally, your project looks very suspicious to me. But since I don't have proof, I will not tell the name of that project. Do you think I should make a thread to warn newbie though?)
Come-from-Beyond
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January 17, 2014, 06:32:38 PM
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(Btw I am suspicious that you are spreading FUD about a competiting project to yours for the only reason that it's a competiting project to yours. Coincidentally, your project looks very suspicious to me. But since I don't have proof, I will not tell the name of that project. Do you think I should make a thread to warn newbie though?)

U ought to do this!

PS: There are at least 2 such projects, btw.
EvilDave
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January 17, 2014, 07:18:58 PM
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you don't need a proof for suspicions

Right. But I do need a proof to post them publicly.
There are not a lot of projects which insist on DAC so I think every body know which one you mean.

But maybe you can elaborate on the reasons whith make looks this project suspicious to you?


(Btw I am suspicious that you are spreading FUD about a competiting project to yours for the only reason that it's a competiting project to yours. Coincidentally, your project looks very suspicious to me. But since I don't have proof, I will not tell the name of that project. Do you think I should make a thread to warn newbie though?)

Its not so much FUD, but is in C-f-B's best interests to warn people against DAC scams.
Part of the project where C-f-B is working on, relies heavily on the DAC concept, and if there is a wave of DAC-related scams, that will harm legitimate projects.


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Come-from-Beyond
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January 17, 2014, 07:20:52 PM
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Its not so much FUD, but is in C-f-B's best interests to warn people against DAC scams.
Part of the project where C-f-B is working on, relies heavily on the DAC concept, and if there is a wave of DAC-related scams, that will harm legitimate projects.

Wow, u play almost at grand master level!
"Almost" coz it's still detectable. Smiley
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January 17, 2014, 10:36:39 PM
 #15

Scam reporting list might be a viable option

SirBitsalot
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January 17, 2014, 10:37:12 PM
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People have been scamming every type of currency since the beginning OF currency. I doubt seeing the DAC attempting to scam Bitcoins will come to much of a shock to anyone.
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January 17, 2014, 10:40:55 PM
 #17

I don't know about DAC's but I think the cow's are up to something.... I don't have proof so I wont say more....

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January 17, 2014, 10:43:15 PM
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alright np man, keep us informed should there be any new info, thanks for the heads up.

BldSwtTrs
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January 17, 2014, 10:43:29 PM
 #19

PS: There are at least 2 such projects, btw.
So which one are you talking about? Is the first letter an I or an E?

What are the elements which make you suspicious toward them?
SirBitsalot
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January 17, 2014, 11:15:59 PM
 #20

PS: There are at least 2 such projects, btw.
So which one are you talking about? Is the first letter an I or an E?

What are the elements which make you suspicious toward them?
^What he said. Maybe you can find something out just based on their code. If the first letter isn't an I or an E then yes, you are getting scammed.
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