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Author Topic: [PRE-ANN][IPO][RADIX][based on Ripple]First stage 40% of coins to be distributed  (Read 13476 times)
Michael Becker
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March 04, 2014, 07:40:48 PM
 #21

So will there be any escrow? Are there any Wallet-Pictures? Own Source?


Wallet pictures?

What about a working wallet on a testnet.

That, AND a trusted escrow that will guarantee the invested btc are destroyed (sent to a dead address) instead of sent back to the dev team.



Nobody send these guys money until you have proof that this is not bullshit.

Stop sending your money for free to everyone.

99% chance that this is a scam.

As I mention the client is still in development process...
The current gui wallet is a simple website. It doesn't even has CSS, so I don't know if that would help.

If you don't have proofs please don't make false scam acusations... omg


It should be the other way round. You should be able to prove your legitimacy.

You can not prove anything (or at least didn't try to), therefore you are very likely to be a scam.

Involve a highly trusted escrow which will destroy the invested btc AND wait for the wallet to be done before doing an IPO.

But you won't do any of that, because you are a probably trying to grab a quick buck and run away with it. Or at least, that's what you look like.

Your best defense against the scam accusations is « don't make false scam acusations... omg », guess what this makes you look like? A scam.
The Radix Protocol (OP)
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March 04, 2014, 07:46:46 PM
 #22

We'll return the money to anyone who wants it back.

Can I have my money back? D:
No problem man, I sent it back.
https://blockchain.info/tx/6153e0b69188ebdf8cb205c8dfc1103fb1acf56e2240efb79527ac1712118d62
SlidingHorn
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★Bitvest.io★ Play Plinko or Invest!


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March 04, 2014, 07:47:48 PM
 #23

So will there be any escrow? Are there any Wallet-Pictures? Own Source?


Wallet pictures?

What about a working wallet on a testnet.

That, AND a trusted escrow that will guarantee the invested btc are destroyed (sent to a dead address) instead of sent back to the dev team.



Nobody send these guys money until you have proof that this is not bullshit.

Stop sending your money for free to everyone.

99% chance that this is a scam.

As I mention the client is still in development process...
The current gui wallet is a simple website. It doesn't even has CSS, so I don't know if that would help.

If you don't have proofs please don't make false scam acusations... omg


It should be the other way round. You should be able to prove your legitimacy.

You can not prove anything (or at least didn't try to), therefore you are very likely to be a scam.

Involve a highly trusted escrow which will destroy the invested btc AND wait for the wallet to be done before doing an IPO.

But you won't do any of that, because you are a probably trying to grab a quick buck and run away with it. Or at least, that's what you look like.

Your best defense against the scam accusations is « don't make false scam acusations... omg », guess what this makes you look like? A scam.

(took out the size tag so as not to overly clutter up the page)

but yeah...

+ 97645987y876874326598174698213756437865987456138907562198376451Niner29847562149 856198327546128756

Sukrim
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March 04, 2014, 08:21:09 PM
Last edit: March 04, 2014, 09:42:57 PM by Sukrim
 #24

Why didn't you announce this in some Ripple related forums too but only here on Bitcointalk?

Will you just patch rippled and ripple-client and do you have plans to contribute to upstream development?

Who validates your initial ledgers?

Anyways, it sounds interesting but I don't really see any substantial benefit over Ripple, who already have more than a dozen gateways worldwide. Distribution of the native asset (RDX) is not really an issue for most users anyways, as long as it is that much cheaper to simply buy the ones that you will use in your lifetime. Riple based solutions are actually quite bad as "Altcoins", since they are heavily tilted towards the "distributed marketplace" idea.

Still, all the best and please FIRST show some code before starting an "IPO". I did not find any mention of your fork on github, also none of your "independent developer group" so far has contributed _anything_ to rippled or ripple-client at least, even though there are some very low hanging fruits that you could have helped out with while creating your fork...

Nope, you didn't. You simply paid 0.0001 BTC as fee and sent the rest to yourself.

Also neither the link to facebook nor the one to twitter from your OP leads to anything that even remotely resembles your "idea":


3/10, at least he put up a page and wrote a bit of nonsense as well as creating an empty forum + wiki! I've seen much better scams though.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
~Coinseeker~
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March 04, 2014, 10:07:15 PM
 #25

If you sell all the currency to a hand full of investors, how will the wallets be funded with the required reserve amounts to prevent ledger spam?  Unless A. you don't intend to prevent ledger spam or B. the investors are planning to be the only people with fully functional wallets.  Good for your pockets I suppose, but bad for growth.  I'm curious though, do you actually know anything about Ripple?
miramare
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March 05, 2014, 08:56:38 AM
 #26

Anyone who want to invest NEED know:
1, you can launch your own "money" on ripple with 0 cost.
2, this ipo is just a trap selling the hotair to noobs via IPO.
appanmai
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March 05, 2014, 09:06:35 AM
 #27

Anyone who want to invest NEED know:
1, you can launch your own "money" on ripple with 0 cost.
2, this ipo is just a trap selling the hotair to noobs via IPO.


+1
wizzardTim
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March 05, 2014, 09:13:03 AM
 #28

How about an escrow?

Behold the Tangle Mysteries! Dare to know It's truth.

- Excerpt from the IOTA Sacred Texts Vol. I
sakkosekk
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March 05, 2014, 10:40:29 AM
 #29

Will you be using escrow? No credibility IMO if you don't. Sad
Sukrim
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March 05, 2014, 10:52:45 AM
 #30

Anyone who want to invest NEED know:
1, you can launch your own "money" on ripple with 0 cost.
2, this ipo is just a trap selling the hotair to noobs via IPO.
He plans to fork Ripple though, meaning his "money" would be replacing XRP in that system. Still there are a lot of unanswered questions and also quite a few irregularities (just look at the "team" that supposedly develops this or the fake info regarding facebook and twitter pages in the OP) - enough for me to congratulate the OP to have scammed someone for 0.09 BTC but as I said a bit too little to be even worth the time of setting up the page and writing the post.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
nxtsky
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March 05, 2014, 12:33:50 PM
Last edit: March 05, 2014, 01:55:07 PM by nxtsky
 #31

Is this you sent it back?
https://blockchain.info/tx/6153e0b69188ebdf8cb205c8dfc1103fb1acf56e2240efb79527ac1712118d62
You just sent the money back to your own account. The sent account and the receive account is totally the same one.
Is this means the IPO is scam?
If you want to proof it's not a scam, escrow is the only choice.
LIghtvelocityCoin
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March 05, 2014, 12:37:23 PM
 #32

Is this you sent it back?
https://blockchain.info/tx/6153e0b69188ebdf8cb205c8dfc1103fb1acf56e2240efb79527ac1712118d62
You just sent the money to your own account. The sent account and the receive account is totally the same one.
Is this means the IPO is scam?
If you want to proof it's not a scam, escrow is the only choice.

Or another possibility is the first "investor" is just himself.

tank
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March 05, 2014, 01:18:50 PM
 #33

200% it's scccccccccccam

V8x8d
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March 05, 2014, 03:32:15 PM
 #34

Why would anyone trust a newbie, without some innovative code?
wellerco
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March 05, 2014, 06:54:32 PM
 #35

The Facebook and Twitter links listed on the website appear to be bogus.
loicatraile
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March 06, 2014, 04:45:10 AM
 #36

MOST PROBABLY A SCAM!!! BEWARE!!
xtrix
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March 09, 2014, 05:07:45 PM
 #37

Why 40% IPO??  Angry
Unlucky, I was really interested in this one.

Sure it is Scam  Cry 

sq
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March 10, 2014, 01:09:39 PM
 #38

RADIX was added to AltCoinCalendar.info.

Check Coin Countdown



if you like our work donations are welcome.

Sukrim
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March 10, 2014, 02:25:12 PM
 #39

RADIX was added to AltCoinCalendar.info.

Check Coin Countdown



if you like our work donations are welcome.
Do you do absolutely NO background or fact check at all for that stuff?! Shocked

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
xzhybbs
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March 10, 2014, 03:14:08 PM
Last edit: March 10, 2014, 03:48:50 PM by xzhybbs
 #40

I am interested in your idea, so I decided to put a small amount of BTC, if in the latter will have a more detailed explanation, I will add my shares!
https://blockchain.info/es/tx/f2f77de3982acbce78cd60ae5ceef07d4d20544f7c465dce00552beab56abe2d
I've sent you 0.02BTC
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