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Author Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012  (Read 1039077 times)
Rytir_fik
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June 27, 2014, 05:29:58 AM
 #2661

What is the truth about the bcn premine?

Most experts seem to say it was heavily premined and is a scam, but there are lots of new people who just popped up saying it was not premined.

How could a person find out the truth?

Should a person trust the experts and avoid the coin?

Or should they trust the people who are selling the coin?

How can someone decide?

If you are clever enough READ. Read this thread, all information from the links on the first page of this thread AND at the end you can make your onw conclusion/s. 

I like Bytecoin (BCN). BYTECOIN.ORG the best to mine with MinerGate
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darkota
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June 27, 2014, 05:36:53 AM
 #2662

The newbies that pop up saying its not a scam are shill/sockpuppet accounts for a Bytecoin bagholder...Trying to get you to buy so they could sell their coins to you even if it means lying and deceit.

This has been constant debate before this coin and Monero/BBR etc. were even on exchange, you just add this to argument, so lets consider bag holding irrelevant.

This coin was indeed instamined over 80% and the blockchain is your proof. You can see that over 80% of Bytecoins total coin supply was mined before it became public. AKA a 80%+ premine.

If yourself and anyone else chooses to go back and read from the start, they will a graph of the block chain that shows steady mining from 2012 onward, you say instamine when it took years to get to this point. Choose your words wisely, unless you intent is to spread FUD.

This public is considered bitcointalk? Is this the only avenue to spread information? Is it not legit unless its on this forumn? The devs have stated they did not want affiliation with Bitcoin.

Im sure the majority of people in this thread know nothing about timekoin, but if it was posted on here with booming success it would be considered a instamine because you didnt have a chance to get it from the start? (This may not be a great example as the mining and mint works differently)

I've finally synchronized my blockchain with this new version of code and downloaded some statistics. Here is a difficulty chart starting from the genesis block.
Spike in november 2012 looks strange for me, but it exists in data.



I would like it to be noted that thankful_for_today is the original creater of Bitmoner, no Monero.


I don't know if you're trolling or not. Yes, I meant to put premined instead of instamined. Bytecoin was released privately to a few individuals on the deepwebd(illegal part of the web using TOR etc), so it was inacessible by anyone else until a member found it and released it on bitcointalk, to the majority of bitcoiners. So it was indeed premined over 80% over the span of 2 years according to the Bytecoin Blockchain. There's no denying that, and there's no denying that only a few people own over 80% of all Bytecoins that would ever be made.
SimpleMachines
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June 27, 2014, 06:03:04 AM
 #2663

hello,how long does it take to instal it on PC? I've looked through the thread and it seems to take a while to sync  daemon with the block chain, right? Is it really CPU only? or there is a GUI miner already?

I am far from my Wins and curious does it worth to start mining on mac book? (talking about solo mining)
Saigonsmokes
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June 27, 2014, 06:59:12 AM
 #2664

The newbies that pop up saying its not a scam are shill/sockpuppet accounts for a Bytecoin bagholder...Trying to get you to buy so they could sell their coins to you even if it means lying and deceit.

This has been constant debate before this coin and Monero/BBR etc. were even on exchange, you just add this to argument, so lets consider bag holding irrelevant.

This coin was indeed instamined over 80% and the blockchain is your proof. You can see that over 80% of Bytecoins total coin supply was mined before it became public. AKA a 80%+ premine.

If yourself and anyone else chooses to go back and read from the start, they will a graph of the block chain that shows steady mining from 2012 onward, you say instamine when it took years to get to this point. Choose your words wisely, unless you intent is to spread FUD.

This public is considered bitcointalk? Is this the only avenue to spread information? Is it not legit unless its on this forumn? The devs have stated they did not want affiliation with Bitcoin.

Im sure the majority of people in this thread know nothing about timekoin, but if it was posted on here with booming success it would be considered a instamine because you didnt have a chance to get it from the start? (This may not be a great example as the mining and mint works differently)

I've finally synchronized my blockchain with this new version of code and downloaded some statistics. Here is a difficulty chart starting from the genesis block.
Spike in november 2012 looks strange for me, but it exists in data.



I would like it to be noted that thankful_for_today is the original creater of Bitmoner, no Monero.


I don't know if you're trolling or not. Yes, I meant to put premined instead of instamined. Bytecoin was released privately to a few individuals on the deepwebd(illegal part of the web using TOR etc), so it was inacessible by anyone else until a member found it and released it on bitcointalk, to the majority of bitcoiners. So it was indeed premined over 80% over the span of 2 years according to the Bytecoin Blockchain. There's no denying that, and there's no denying that only a few people own over 80% of all Bytecoins that would ever be made.

Ignore DARKOTA he is a troll who PUMPS and DUMPS - Look at his original thread here:

https://bitcointalk.org/index.php?topic=658541.100

Then look here:

 https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/page-5

Troll on indeed:

http://coinmap.org/
www.uselitecoin.com

This thread is starting to show the true TROLL: I have been PM'ing everyone in this thread, some have even joined the Litecoin Talk forum because of this troll so i actually think its ok his lies - everyone is being PM'd this:

'Litecoin is dead'

Look at the original thread - he has deleted more than 40 posts from people supporting Litecoin, he is a troll who pumps and dumps
Saigonsmokes
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June 27, 2014, 07:00:10 AM
 #2665

What is the truth about the bcn premine?

Most experts seem to say it was heavily premined and is a scam, but there are lots of new people who just popped up saying it was not premined.

How could a person find out the truth?

Should a person trust the experts and avoid the coin?

Or should they trust the people who are selling the coin?

How can someone decide?

The newbies that pop up saying its not a scam are shill/sockpuppet accounts for a Bytecoin bagholder...Trying to get you to buy so they could sell their coins to you even if it means lying and deceit.

This coin was indeed instamined over 80% and the blockchain is your proof. You can see that over 80% of Bytecoins total coin supply was mined before it became public. AKA a 80%+ premine.

Ignore DARKOTA he is a troll who PUMPS and DUMPS - Look at his original thread here:

https://bitcointalk.org/index.php?topic=658541.100

Then look here:

 https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/page-5

Troll on indeed:

http://coinmap.org/
www.uselitecoin.com

This thread is starting to show the true TROLL: I have been PM'ing everyone in this thread, some have even joined the Litecoin Talk forum because of this troll so i actually think its ok his lies - everyone is being PM'd this:

'Litecoin is dead'

Look at the original thread - he has deleted more than 40 posts from people supporting Litecoin, he is a troll who pumps and dumps
a1binos
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June 27, 2014, 07:16:33 AM
 #2666

DStrange

There is no downloadable Mac blockchain in the first post. Check it please.
AtomicDoge
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June 27, 2014, 11:01:38 AM
 #2667


Ignore DARKOTA he is a troll who PUMPS and DUMPS - Look at his original thread here:

https://bitcointalk.org/index.php?topic=658541.100

Then look here:

 https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/page-5

Troll on indeed:

http://coinmap.org/
www.uselitecoin.com

This thread is starting to show the true TROLL: I have been PM'ing everyone in this thread, some have even joined the Litecoin Talk forum because of this troll so i actually think its ok his lies - everyone is being PM'd this:

'Litecoin is dead'

Look at the original thread - he has deleted more than 40 posts from people supporting Litecoin, he is a troll who pumps and dumps

I've been looking through coinmarketcap thread recently and i didnt like what i saw there.
We all know that BCN got significantly premined status on coinmarketcap so some people were asking (nicely) for this status to be removed. Then trolls came and a holy war started. And that darkota dude was there too, claiming that bytecoin is so premined blah blah..

Stanford
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June 27, 2014, 11:09:13 AM
 #2668

hello,how long does it take to instal it on PC? I've looked through the thread and it seems to take a while to sync  daemon with the block chain, right? Is it really CPU only? or there is a GUI miner already?

I am far from my Wins and curious does it worth to start mining on mac book? (talking about solo mining)

it may take a couple of hours.

Yes, it is only cpu-mining coin. NO GUI MINER. No need!
drawingthesun
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June 27, 2014, 11:15:49 AM
 #2669

hello,how long does it take to instal it on PC? I've looked through the thread and it seems to take a while to sync  daemon with the block chain, right? Is it really CPU only? or there is a GUI miner already?

I am far from my Wins and curious does it worth to start mining on mac book? (talking about solo mining)

it may take a couple of hours.

Yes, it is only cpu-mining coin. NO GUI MINER. No need!

Except there are two GPU miners already...

Sometimes you have to research for yourself SimpleMachines, and please don't trust half the gibberish on this forum. In fact, do not trust me! Go find out for yourself.
polecrab
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June 27, 2014, 11:18:18 AM
 #2670

I have a wallet or blockchain error, not sure which at this stage. I can't spend at all any amount.
I have deleted wallet.bin and resynced the wallet, it did not make any difference.
The daemon claims I am trying to spend already spent "key images", the wallet chose to include them, so is this a wallet code error?
Is my copy of the blockchain corrupt? Whatever it is there is a bug somewhere that caused this.
Next time I will not attempt to do two spends in a row without waiting for the first to be reported by the blockchain in the wallet.
That is the scenario I think that caused this.

The wallet says:

Code:
transaction <XXX> rejected by daemon with status "Failed"

The wallet logs says:

Code:
2014-Jun-27 20:26:08.629566 ERROR c:\projects\sorrybigbro\src\wallet\wallet2.h:427 daemon_send_resp.status != CORE_RPC_STATUS_OK. THROW EXCEPTION: error::tx_rejected
2014-Jun-27 20:26:08.637566 c:\projects\sorrybigbro\src\wallet\wallet2.h:427:struct tools::error::tx_rejected: transaction was rejected by daemon, status = Failed, tx:
{
  "version": 1,
  "unlock_time": 0,
  "vin": [ {
      "key": {
        "amount": 2249793371,
        "key_offsets": [ 0
        ],
etc, etc

2014-Jun-27 20:26:08.638566 Error: transaction <14432cab66b80f6ad799612c56a4f83a9e1dbed2633311577a9c1c39378aae8a> was rejected by daemon with status "Failed"
2014-Jun-27 20:26:33.753003 Read command: exit

The daemon log says:
Code:
2014-Jun-27 20:25:43.593134 [RPC1][on_send_raw_tx]: Failed to process tx
2014-Jun-27 20:26:08.610564 [RPC1]ERROR ..\..\src\cryptonote_core\tx_pool.cpp:62 Transaction with id= <14432cab66b80f6ad799612c56a4f83a9e1dbed2633311577a9c1c39378aae8a> used already spent key images
2014-Jun-27 20:26:08.619565 [RPC1]Transaction verification failed: <14432cab66b80f6ad799612c56a4f83a9e1dbed2633311577a9c1c39378aae8a>
bananaeater
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June 27, 2014, 11:24:06 AM
 #2671

Guys, im new and i have a question that most of you might consider retarded. Explain me like im five, what the hell is going on between Monero and Bytecoin?!
drawingthesun
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June 27, 2014, 11:25:37 AM
 #2672

Guys, im new and i have a question that most of you might consider retarded. Explain me like im five, what the hell is going on between Monero and Bytecoin?!

Bytecoin first, Monero second.

I support Monero because I believe Bytecoin was 80% premined two years in secret or has faked block data.
UnitedColors
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June 27, 2014, 11:51:41 AM
 #2673

Guys, im new and i have a question that most of you might consider retarded. Explain me like im five, what the hell is going on between Monero and Bytecoin?!

Bytecoin first, Monero second.

I support Monero because I believe Bytecoin was 80% premined two years in secret or has faked block data.

None of these two statements is substantiated.
madzooka
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June 27, 2014, 11:54:10 AM
 #2674

Guys, im new and i have a question that most of you might consider retarded. Explain me like im five, what the hell is going on between Monero and Bytecoin?!

That's too long story to tell. What I can tell is that there are people who strongly believe BCN to become the second Bitcoin and invest in this coin, and people who believe this coin was premined and so there was a launch of BCN fork - Monero, that, at first, was called BitMonero.

I've tried to describe in a few words.

On the contrary with drawingthesun, I support Bytecoin.
You know, even Litecoin is good coin it's not the same as Bitcoin. It's definitely better to invest in first coin.

I should concede that XMR dev team has done a lot for Monero but not as important as BCN dev team has made for Bytecoin.

It's your choice what coin to mine, no one can be sure about the future as you can't predict everything. I've already made my choice.

Bytecoin (BCN) - true anonymity, privacy protection and only CPU-mining

Bytecoin address - 21eQrEa2wVcdnf8viyaDu78anS4aX3Kvqiyidan25UBCWRokFoTpAHk6hduLR1oBeJ7Map75dCQv4an r2meEiH4wKc1tbQh
AtomicDoge
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June 27, 2014, 12:08:11 PM
 #2675

Guys, im new and i have a question that most of you might consider retarded. Explain me like im five, what the hell is going on between Monero and Bytecoin?!

Bytecoin first, Monero second.

I support Monero because I believe Bytecoin was 80% premined two years in secret or has faked block data.

None of these two statements is substantiated.

Well, Monero is a clone of Bytecoin. Techology, code - everything is copied. And it seems like it works for them... OR they just wanna make it look like it works, because their favorite form of entertainment appears to be trolling everybody Wink
TonyZX
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June 27, 2014, 12:13:24 PM
 #2676

hello,how long does it take to instal it on PC? I've looked through the thread and it seems to take a while to sync  daemon with the block chain, right? Is it really CPU only? or there is a GUI miner already?

I am far from my Wins and curious does it worth to start mining on mac book? (talking about solo mining)

it may take a couple of hours.

Yes, it is only cpu-mining coin. NO GUI MINER. No need!

Except there are two GPU miners already...

Sometimes you have to research for yourself SimpleMachines, and please don't trust half the gibberish on this forum. In fact, do not trust me! Go find out for yourself.

+1 ! There is like a beta ver of gui miner.

Go find out for yourself.  well said

Bitcoin is our past, present and future!
Stanford
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June 27, 2014, 12:16:06 PM
 #2677

hello,how long does it take to instal it on PC? I've looked through the thread and it seems to take a while to sync  daemon with the block chain, right? Is it really CPU only? or there is a GUI miner already?

I am far from my Wins and curious does it worth to start mining on mac book? (talking about solo mining)

it may take a couple of hours.

Yes, it is only cpu-mining coin. NO GUI MINER. No need!

Except there are two GPU miners already...

Sometimes you have to research for yourself SimpleMachines, and please don't trust half the gibberish on this forum. In fact, do not trust me! Go find out for yourself.

Seriously? Now I feel myself a black sheep  Sad

AtomicDoge
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June 27, 2014, 12:37:43 PM
 #2678

Go find out for yourself.  well said

Exactly. What i've figured out for myself is that you should not take everything said on this forum seriously without researching it and making up your  mind.  Scam is a regular thing here, some people can play dirty.
UnitedColors
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June 27, 2014, 12:41:59 PM
 #2679

Go find out for yourself.  well said

Exactly. What i've figured out for myself is that you should not take everything said on this forum seriously without researching it and making up your  mind.  Scam is a regular thing here, some people can play dirty.

This forum? No no, THE INTERNET. the whole damn internet. Think bigger.
superresistant
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June 27, 2014, 02:47:48 PM
 #2680

Guys, im new and i have a question that most of you might consider retarded. Explain me like im five, what the hell is going on between Monero and Bytecoin?!
Bytecoin first, Monero second.
I support Monero because I believe Bytecoin was 80% premined two years in secret or has faked block data.
None of these two statements is substantiated.

He means ninja-mined.

The proof is easy to find :
Bytecoin (BCN) is a cryptocurrency started on July 4, 2012
First thread about Bytecoin is March 12, 2014

Ninja !


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