Is SCHARMBECK Shutting Down?

[Thorgrim]

they have started fundraising again for the african well project. It seems they lost the original 10,000 dollars from the first well project. now they want another $10,000 dollars. The scams are getting lazier they can even switch it up a little

That is total bullshit.

[Thorgrim]

okay then explain where the original $10,000 raised weNt?

Compwindsor has it and it is being converted slowly as to not crash the price of WDC further. Compwindsor has said that he will personally make up any shortcoming we had in funding so that the well project goes forward.

What I want to know is where you got the idea that we are continuing to fund raise or did you just make that up too?

[Mordillo]

okay then explain where the original $10,000 raised weNt?

Compwindsor has it and it is being converted slowly as to not crash the price of WDC further. Compwindsor has said that he will personally make up any shortcoming we had in funding so that the well project goes forward.

What I want to know is where you got the idea that we are continuing to fund raise or did you just make that up too?

Converting now $10.000 when everyone is already nervous is just a **** idea.

Please wait so i can dump all i have before him.

That's it for me. I lost enough with WDC

[Thorgrim]

Does anyone any have any more information on the Worldcoin scandal. I know I lot of people lost everything with Sharmbeck fee shares. And now the money for the well project has gone missing.

Well project update - seeing as you asked about the 'scandal'.  As he promised he would do CompWindsor333 has indeed been paying the Well Project for the well (as he should).  He also stated that he would cover the cost of the shortcomings as he admits it is partly his fault for not paying it sooner.  Of course, we (the committee didn't just take his word for it, but Jdebunt went to The Well Project directly and asked the manager in charge whether or not this was true.  The manager of the Well project confirmed that Compwindsor had made a number of small payments, and had explained he would do so over a period of time so as to not crash the market by selling the coins too quickly. 

I apologise if you're feeling aggrieved by the whole Scharmbeck business. I think you would be hard pressed to find a Worldcoin member who isn't right now, as you can appreciate - presenting a point of view constructively and with justification will always get better result than just screaming 'SCAM' at everything that doesn't work out immediately. 

Lastly i would just like to point out that all the members in Worldcoin were affected by this, and some more than others.  Fighting with one another doesn't really help anything especially considering that the members their are not the owners of Scharmbeck, nor the owners of the Worldcoin Foundation.  Some of us are just trying to pick up the pieces, and it becomes particularly difficult when we get the brunt of somebody elses mistake.

~~ Xodianbarr ~~

bit more info

[Thorgrim]

okay then explain where the original $10,000 raised weNt?

Compwindsor has it and it is being converted slowly as to not crash the price of WDC further. Compwindsor has said that he will personally make up any shortcoming we had in funding so that the well project goes forward.

What I want to know is where you got the idea that we are continuing to fund raise or did you just make that up too?

Converting now $10.000 when everyone is already nervous is just a **** idea.

Please wait so i can dump all i have before him.

That's it for me. I lost enough with WDC

He is doing it carefully. It is not going to be a dump.

[xodianbarr]

Also just a quick question (as my memory sucks) but weren't there 2 other coins that were involved in the early stages? or was that another major feature that im getting confused with? after all if someone is getting bashed unfairly, surely everyone that was involved should be getting unfairly bashed (on an equal scale!) 


just my thoughts :-)

The original developers of Worldcoin worked with Feathercoin and Phenixcoin in a partnership called UNOCS.  It failed because of disagreements between the three.  I joined the Worldcoin community at exactly the time the announced that UNOCs was a failure.  

~~ Xodianbarr ~~

[xodianbarr]

A major worldcoin vendor banned from worldcoin IRC for simply asking why scharmbeck closed.

They provided their response on their page www.worldcoins4barter.com

I can dispute your claim and provide evidence for it.  worldcoin supporters don't join a channel generally calling themselves 'worldcoinscam'.  You were requested three times to change your nick (you did not).  You were banned for it.  I don't understand why you would want to hurt your own business by taking it down  if you are such a major vendor.  That does not to me sound like a good business decision.

~~ Xodianbarr ~~

Proof, for anybody who cares about the truth:

[15:30] <@xodianbarr> i think you guys should wait til there is reason to believe it
[15:30] <@xodianbarr> and i think worldcoinscam you should change your nick
[15:30] <worldcoinscam> unsustainable: good move
[15:30] <@sumantso> yup - change your nick or say bye bye
[15:31] <magickk> and it's gone because some young pricks are trying to make a few bucks. they better cash it out quick before wdc is worth .00000001
[15:31] <worldcoinscam> kick me
[15:31] <ScamBeck> suppress is not the way it works
[15:31] <worldcoinscam> ban me
[15:31] <worldcoinscam> just wait and see
[15:31] <ScamBeck> ask saddam hoessein
[15:31] <@sumantso> magickk - i lost 1.2 BTC. So don't cry in here
[15:31] <@xodianbarr> is that a threat worldcoinscam?
[15:31] * Joins: compwindsor333 (4b77f19b@gateway/web/freenode/ip.75.119.241.155)
[15:31] <magickk> lmao then why are you here?
[15:31] <+laughingbear> comp!
[15:31] <compwindsor333> greetings knobs
[15:31] * Quits: Potency (~Potency@72.185.225.253) (Ping timeout: 265 seconds)
[15:31] <@xodianbarr> compwindsor333 hi
[15:31] <worldcoinscam> ban me..
[15:31] <magickk> that's just stupid
[15:31] <compwindsor333> so i hear there's some bad press regarding the well project
[15:32] <magickk> ya think?
[15:32] <magickk> it isn't paid for
[15:32] <+laughingbear> plz explain where the money is
[15:32] <compwindsor333> i'm in contact with Peter Chasse (TheWaterProject president) and everything is fine
[15:32] <@xodianbarr> compwindsor333 all people want to know is what has happened exactly
[15:32] <compwindsor333> cashing out in chunks so as not to further dilute the WDC price
[15:32] <magickk> ROFL
[15:32] <+laughingbear> why is the money in wallets comp, that were moved last night?
[15:32] <@xodianbarr> do you have the amount to cover it compwindsor333
[15:32] * sumantso sets mode: +b *!*@50.40.108.238
[15:32] <compwindsor333> i do yes
[15:32] <@StatusD> compwindsor333: yo!
[15:32] <@xodianbarr> $10000?
[15:33] <magickk> like the well project is going to crash the price...
[15:33] <compwindsor333> i have 10k USD in my personal account worth xodianbarr
[15:33] * Quits: worldcoinscam (~randayh@50.40.108.238) (Quit: Leaving)

[Thorgrim]

it's right on the well project page. also why wasn't it converted weeks ago. always excuses

http://worldcoinwell.com/

Where exactly are we continuing to raise funds? There isn't even a WDC address to donate to on that page.

If you meant the posting by shwackd here: http://worldcoinforum.org/topic/1240-lets-build-a-well-in-africa/?p=10525 then he is also mistaken and you are taking something he said as fact when it is just rumor.

[Thorgrim]

Also for people following this thread worldcoins4barter.com is Randayhs' site. He gets himself kicked and now won't let it go.

WHOIS information for worldcoins4barter.com:***

[Querying whois.verisign-grs.com]
[Redirected to whois.godaddy.com]
[Querying whois.godaddy.com]
[whois.godaddy.com]
Domain Name: WORLDCOINS4BARTER.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Yates Randall
Registrant Organization:
Name Server: NS09.DOMAINCONTROL.COM
Name Server: NS10.DOMAINCONTROL.COM

[Thorgrim]

ignore the man behind the curtain. Black is white. Up is down. right is wrong. Invest in this now.have a cigar you're going to go far. You're going to fly high. You're never going to die. And when your money's gone don't ask why

When confronted with facts his lame response is to go write a poem because who needs facts when one can rhyme.   

[xodianbarr]

oMG. This is epic. That's not even my Andy for IP. furthermore moving away from World Coin is a good business decision. I've lost over $30,000 already dealing with this Coin. also you state mistakes. Rumors. Exedra. Why are so many people losing money on Coin. why are there so many quote unquote rumors? No other coin has that problem at this level. I'm done here. I just hope people make the smart decision and avoid what happened to me

Rumours are what you have gone out of your way to create today.  As the last few hours of your posting proves.

~~ Xodianbarr ~~

[moriartypants]

Thanks xodianbarr for the transcript.   I appreciate the context.

And thanks to you and Thorgrim for clarifying the Well issue.

[Blackblanco]

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!!  Where is all of the money??  Why is no one addressing this question?  The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated.  Why the RUSH?  And why offered with some weirdo hanging carrot prize?  Can ANYONE explain this at all?  All of you in charge now who were on the board when this happened a few short weeks ago were around.  WHERE did all of our money go for those shares?

[Zzzack]

Worldcoin is a classic premine coin that was hyper marketed and pumped and dumped.

I remember doing research a few months ago on Sharmbeck when Worldcoin community announced that exchange.
I googled it and found just one tiny little press release. It seemed so sparse, no substance. Red flags everywhere.

Any alt coin that is premined like Worldcoin, Quark, Zeta, Earth, etc pretty much follows the same development:

- Devs create a coin for which they own a substantial amount in premine / instamine.
- Miners mine coin in hope of quick, short term profit, in collaborative scamming with Dev
- Noobs buy premine coin from Devs and Miners on a sell thread at outrageous prices
- Coin is hyped, with giveaways, pretty logo, phony innovation, pumping the value
- Coin is added to an exchange, invariably Cryptsy
- More Noobs fall for hype and buy coins on exchange
- Devs, Miners and Early Adopters dump coin for immediate profit
- Noob looks down sadly at bags of worthless premined coins
- Rinse and Repeat.

To all the Devs and Miners who enjoy doing this: congratulations on all your scamming, you have all done very well.

You're retarded if you don't know what premine means. I don't know about all of the coins you listed, but I was on bitcointalk at least when Quark came out and it was announced the first day mining was possible... I hate misinformation when we are using REAL money, and there is a ton of misinformation on WDC, Quark, Namecoin, FTC that it drives me nuts.

Sorry to chime in on your reality, but quark is readily acknowledged as front loaded premined pump and dump coin.

Take a look see:
https://bitcointalk.org/index.php?topic=361286.40

Do you think that 250 million plus Quark coins will ever be used for anything, even a dice game?

But if you are invested in it and it makes you happy, who am I to judge?

lol. did you really link me to a POLL asking what people think is a scamcoin to prove that Quark was premined? I was here when Quark was launched. The internet doesn't automatically erase content either, you can check the announcement if you want to find out for yourself. I just don't understand your thought process. You make up a claim, then link me to a poll to prove it?? A poll where Bitcoin, Litecoin, and Peercoin all received large numbers of votes saying they're a scam?

I don't care if you judge me for investing in Quark or not. They have all the things I look for in a coin - economic model made for investing, a foundation, a dev who answers my PMs, and a growing reddit community. I am judging you for being a retard. Guaranteed you're a Dogekid between 14-16 years of age.

[Thorgrim]

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!!  Where is all of the money??  Why is no one addressing this question?  The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated.  Why the RUSH?  And why offered with some weirdo hanging carrot prize?  Can ANYONE explain this at all?  All of you in charge now who were on the board when this happened a few short weeks ago were around.  WHERE did all of our money go for those shares?

Nobody that is in charge now were on the previous board. That board is basically dissolved and a new committee has been created to get Worldcoin back on track.

I am not sure what exactly some of you expect us to do? The three people involved in Scharmbeck are not talking and nobody else is privy to the exact situation going on with them. Like I have mentioned in other threads on this Topic; as far as I can tell there is internal legal action within Scharmbeck and they are un-able or unwilling to talk. We have tried to get answers.

I myself lost a significant amount due to Scharmbeck, but holding that against WDC is not going to do anything to rectify that problem.

[flounderella]

Sounds scam-my. In a world of me-too altcoins, this is going to taint WorldCoin. I still like the coin but its looking bleak.

[Vitalicus]

Annonce was in the same day.


If Sharmbeck will not work, no problem. Will be another investor.
WDC is great currency !

[Jeezy911]

Great compared to what? There are about 400 better coins now without a huge scandal surrounding them. 3 strikes and you are out, they promised awesome and delivered poop again and again and again. Quit falling for this shit, they(Scambeck and WDC fraudation) are a bunch of scammers, how many times are you guys going to lose money?

[xodianbarr]

Great compared to what? There are about 400 better coins now without a huge scandal surrounding them. 3 strikes and you are out, they promised awesome and delivered poop again and again and again. Quit falling for this shit, they(Scambeck and WDC fraudation) are a bunch of scammers, how many times are you guys going to lose money?

400 better coins?  Where do you get 'that' information?

[Mordillo]

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag. 

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.