BitcoinEXpress (OP)
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February 12, 2014, 04:02:03 AM Last edit: May 29, 2016, 09:18:13 PM by BitcoinEXpress |
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February 12, 2014, 04:05:44 AM |
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@Max Keiser
Get ready for the end of the your chain.
With 68% of the hash rate, 1GH.com literally owns the chain and can do anything they want, period.
*Release a new client and make it do anything they want, add any feature they want - No problem *Re-write the block chain - No Problem *Double spend at will - No problem *Invoke tracking and coin validation - No rpoblem *Basically anything they want to do, they can - No Problem
100% central control.
GAME OVER anytime they want.
~BCX~
*herp*You're biased. I don't see the problem with monopolies. BTC used to have monopolies early in its career.*herp* /thread
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duhosnyul
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February 12, 2014, 04:09:08 AM |
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I don't think 1gh.com is that bad enough. But I wonder who attacked ypool.net forcing them to remove maxcoin. I smell conspiracy but don't care about maxcoin anymore with there unfair release. Let it die.
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scarface
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February 12, 2014, 05:57:28 AM |
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not until max keiser makes a few bucks off it
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DubFX
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February 12, 2014, 06:21:18 AM |
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Sorry but i really hope that would happen...this is just pump and dump coin.
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pikuchato
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February 12, 2014, 06:39:34 AM |
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Did max already dumped his coins or the pump is still in progress?
If he didn't you have nothing to worry about, this coin will be alive at least until he will take your money.
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Spoetnik
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FUD Philanthropist™
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February 12, 2014, 06:39:52 AM |
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he's right and both of us have mined and traded it etc and are just one of the few people around here that are not blind delusional moron fanboys..
facts are facts .
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FUD first & ask questions later™
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Wipeout2097
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February 12, 2014, 06:58:23 AM |
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he's right and both of us have mined and traded it etc and are just one of the few people around here that are not blind delusional moron fanboys..
facts are facts .
Who are those "blind delusional moron fanboys"?
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Wipeout2097
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February 12, 2014, 07:36:27 AM |
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It's a stretch to say that pool operators want to destroy the value of a coin they get fees from ...
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thejepper
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February 12, 2014, 05:52:41 PM |
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nah they make too much profit now, lots of multi-pools have the same power however you do not see it happen often
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minecrew
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MineCrew
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February 12, 2014, 07:42:36 PM |
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It was almost ideal for dump by big GPU-farmers. Just few hours needed to make a GPU-miner and mine a lot of coins, few minutes for transfer to mcxnow.com, and maybe just few seconds to dump. Price was 2000000 at the start and 8000000 in the peak. Now price is around 100000, it falled 80x from peak, and it's insane how much money was lost. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Now people continue to lose money...
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LongAndShort
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February 12, 2014, 09:19:21 PM Last edit: February 12, 2014, 09:32:13 PM by LongAndShort |
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Sensationalizing again it seems. what is your agenda this time?...If you are that worried, make a pool and get your followers to join it...oh wait that might be what you are trying to do. I don't believe until i have seen but its said widely that you are the cause of most denial of service on a large scale so it would be safe to assume you cant dos them anymore and your grumpy and you're stamping your foot on the ground...but that is just my opinion that i cant really backup without evidence...a quality you should really by now be trying to adopt.
But what i have learnt from you is that when you bring up a subject it is usually to serve yourself and never has anything to do with the good of crypto but you seem to try and piggyback on that cause. Which is funny because you think the majority actually don't see clearly what you are doing thus insulting the masses by showing you think we are all very stupid
You of all people BitcoinEXpress should know that holding over 50% of the network isn't a bad thing unless you are a malicious entity and frankly this kind of thing happens every day with the multi pools smashing low diff coins and private mining farms.
They all have the power to be malicious but why would they do something so stupid with that power..Usually having that kind of power and ability only makes it more important that you don't do anything silly with it.
And that is why there is never any issues with it happening.
The whole community has moved on from extorting news like this and i think you should too, or maybe you don't understand things like the rest of us here and i'm giving you too much credit.
If you want something to really chew on..focus on the multipools..but i doubt you will because they will crush you and just prove my point that no one is worried because we all know that they have little chance to be malicious.
Maxcoin is not even a week old, these things will even out eventually, hence your agenda is to be questioned.
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gustav
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February 12, 2014, 09:26:56 PM |
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lol at all the deniers. Thanks for the intel BCX
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ScroogeD
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February 12, 2014, 09:35:47 PM |
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@Max Keiser
Get ready for the end of the your chain.
With 68% of the hash rate and rising, 1GH.com literally owns the chain and can do anything they want, period.
*Release a new client and make it do anything they want, add any feature they want - No Problem *Re-write the block chain - No Problem *Double spend at will - No Problem *Invoke tracking and coin validation - No Problem *Basically anything they want to do, they can - No Problem
100% centralized control.
GAME OVER anytime they want.
~BCX~
Unfortunately they are not going to do this, but I wish I am wrong. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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BTC & LTC #DOGE #DRK #HUC #VTC Blacklist #Maxcoin - Amateur Devs with ignorant JP Morgan Keiser
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Flunder707
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February 12, 2014, 09:40:33 PM |
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I was there at the release and it was chaos. I mean Mooncoin and Coinye was chaos but this was very unprofessional. Almost seemed like it was ran by a group of teenagers. Anyhow, I won't be supporting this coin any longer.
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Acidyo
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February 12, 2014, 09:52:01 PM |
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I really hope this shit coin would die already, but then again I feel sorry for the dumb fucks who invested/bought it to make a quick buck.
You can't always win.
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Lauda
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Terminated.
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February 12, 2014, 09:56:56 PM |
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We should accumulate a few GH of hashrate and start killing of shitcoins.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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BronyBro
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February 12, 2014, 10:01:23 PM |
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Maxcoin failed before it was even released. Max Keiser embarrassed himself with his biased support for Quark and killed the last remaining 'respect' he had by backing and supporting the Maxcoin pump and dump by blatantly lying about GPU mining and outright claiming that Maxcoin would succeed because is was famous.
Max Keiser is done, Maxcoin died before launch. Lets just leave it there.
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BronyBro
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February 12, 2014, 10:20:35 PM |
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I really hope this shit coin would die already, but then again I feel sorry for the dumb fucks who invested/bought it to make a quick buck.
You can't always win.
Any idiot who invested in this scamcoin deserves it. 90% loss since launch should be punishment enough for the morons. For Max Keiser? Well, going down in crypto history as part of the biggest failed pump and dump is prob punishment enough for his giant ego. Let's not forget that Max Keiser personally claimed that there were 'no GPU miners' at launch, very well knowing that Cudaminer was hashing just fine at 100s of times the speed of the 'publicly released' CPU miner.
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Wipeout2097
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February 14, 2014, 04:13:08 AM |
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1) You're right, I do not particularly give a flying shit about the alt coin community as a whole but it does not invalidate the obvious concerning 1GH.com. To be frank, atm I only view alts as a way to get BTC without risking money in ASICs which I clearly hate. Perhaps you should consider why alts started to thrive a long time ago, before you create FUD or do whatever else you do.
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