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Author Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012  (Read 1070072 times)
DStrange (OP)
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April 29, 2014, 12:31:13 PM
 #821

Hm...looks like someone has removed his messages too =)

who removed what messages?

 " The Secret Bytecoin Club" gained one more member  Grin

Wanesst
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April 29, 2014, 12:34:47 PM
 #822

And

1
try my luck!



2
Here is my submission for the BCN logo:
1. Gold version

2. Blue version


3


added relief like in real coins

Wanesst
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April 29, 2014, 12:37:19 PM
 #823

Hm...looks like someone has removed his messages too =)

Yes, I also looked this! We were on the 42 already!

Naka
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April 29, 2014, 04:53:00 PM
 #824

Maybe, there are some indirect proves that
1.Betacoin was used by a NOT little group of users
2.Betacoin had its value since blockchain start for that people

1- Look at that chart, if that was not a botnet the whole time, difficulty means that all the time it was mined by 3000-4000 of good PC/Servers with at least i5-i7 to latest xens. because wiki.bytecoin got lots of cpu comparison. Personally, i think that it was real pc/servers, and miners. just because value of that technology (cryptonote) farther more botnet sandboxes.
2- so if that devs/users group used 4000 high class pc/servers for mining with absolutely minimum price of dedicated leasing in 70$ per unit. in that case the average per month cost of mining bytecoin hardware was around 280K $. > 2mln $ per year, man it`s crazy to call that coin premined in case of that kind of machines mined it and that kind of investment.

Diff chart can say us lot about network history.  
Besides your chart, which Smooth's reply already indicates that your stats are completely inaccurate...

Can you find any other indirect evidence of Bytecoin having a large userbase or any value or use at all besides hope for the future?

I can do indirect evidence too.

Torch Search Engine (deepweb TOR search)
http://xmh57jrzrnw6insl.onion/cgi-bin/search.cgi?q=Bytecoin&cmd=Search!
Bytecoin: 0 results.
http://xmh57jrzrnw6insl.onion/cgi-bin/search.cgi?q=Bitcoin&cmd=Search!
Bitcoin: 50,996 results.

Search-Onion (clearweb TOR search)
http://www.search-onion.com/search.php?q=bitcoin&page=458&lang=en
Bitcoin: 4,122 results.
http://www.search-onion.com/search.php?q=bytecoin&btnG=Search
Bytecoin: 0 results.
http://www.search-onion.com/search.php?q=BCN&btnG=Search
BCN: 0 related results.

If it's not indexed by search engines, the user base is too small or it wasn't called "Bytecoin".

You might say, "But, TOR isn't the only deepweb!" but that would be grasping straws, TOR is the most commonly used deepweb, and other options such as I2P (slow as hell), from what I have heard barely have enough people to sustain a dead DRUG marketplace, the most popular type of black market.

I made a semi-secret group one time. At about 30 users, an idiot posted it all over public websites pretending to be a troll. If you manage a secret group without idiots, is that any better? Hardly, what you get is a closely knit group with majority control.

You know what would solve everything? A bytecoin dev addressing the misunderstanding, perhaps showing one valid use Bytecoin ever had, like as a donation button on a 2013 website. This would be doable if it was indeed called "Bytecoin" during its period of ninja-mine. However, you won't even see them claim it was popular, because if they did, people would take it as a challenge and prove the contrary.

Man, could you please mine mro not posting your opinion? Its very anoying. You don't look like a clever guy, but like a parrot, repeating same things hundreds times
matej krkic's first post: Bytecoin related
"matej krkic"'s online footprint according to Google: None, just Bytecoin and Facebook (because it's a real name). A rare occurrence.
For all you potential shills out there, use popular nicknames like mine!
oh, and Matej, don't worry, I'm not implying anything about you, just throwing some advice out there for my shill friends.
danteT
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April 29, 2014, 05:05:38 PM
 #825

Smooth makes solid points, but as I already argued upthread, nobody is willing to actually navigate the illegal/evil marketplaces on the deep web to check for BCN's presence.

If BCN is in fact used for black trade (snuff films, illegal pornography, etc.), how much of that do you think would really surface to bitcointalk?

I wasn't specifically talking about bitcointalk. I have seen plenty of third party reporting about the deep web stuff and never was it mentioned that they are using this new thing called Bytecoin, or even some unknown anonymous payment technology. Bitcoin is frequently mentioned. Stolen credit cards, botnets, and other items of value are sometimes mentioned.  Nothing like bytecoin has ever been mentioned. You can go and look at this reporting yourself if you want, that doesn't require visiting kiddie porn sites.

It could have been known in some (very) small circles, but it is certainly not being "widely used" on the deep web. And as I said before, the difficulty was (and still is, but definitely before) much too low to be consistent with any kind of widespread use. This theory does not hold water.

As I said before, I think the most likely explanation is that the developers bumbled around with it for a long time but never really went anywhere with it in terms of usage, causing 80% of it to be mined even with essentially zero user base. Maybe they simply dropped the ball on getting out there, or maybe they did not understand for a long time that a secret coin can not ever have value. When they realized what had happened, instead of throwing away their worthless devcoins and doing a rerelease so the coin could actually get some users before being 80% mined, they decided to try to pump and dump them here.

Other explanations are possible. I find that to be the most likely.




I think this theory is a little off. See for yourself: to pump and dump huge amount of coins you have to create a huge demand for it.

Currently Bitcoin-fork market is full of anonymous/CPU/whatever coins - not a good (to say the least) field to pump and dump anything even if you're marketing god. And I think we can safely assume that BCN developers are not dumb and there is simply no way they thought "lets pump and dump 80% of our coin on glutted market".

Also, Smooth looks like you too have a personal newbie Grin

P.S. > very few people are willing to actually investigate coins' technical side - that's why I used Bitcoin-fork term

Another thing why i don`t think its pump-dump, its amount of coins. Much better for devs in case of pump-dumping was to make coin with a least /1000 number of coins. To make more value of single coin, to dump, pump it faster.

Smooth - what kind of cluster do you use to mine Bytecoin?
Naka
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April 29, 2014, 05:08:23 PM
 #826

Another thing why i don`t think its pump-dump, its amount of coins. Much better for devs in case of pump-dumping was to make coin with a least /1000 number of coins. To make more value of single coin, to dump, pump it faster.

Smooth - what kind of cluster do you use to mine Bytecoin?
The number of coins is relevant only to the rate at which they are mined. Bytecoin was mined quickly within 2 years.
Now, what again tells you that this isn't a pump-dump?

By the way, no, making a coin easily pump-and-dumpable does not make it profitable. It makes people catch on and ruin its chance to hit a marketplace.
danteT
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April 29, 2014, 05:23:58 PM
 #827


Now, what again tells you that this isn't a pump-dump?

By the way, no, making a coin easily pump-and-dumpable does not make it profitable. It makes people catch on and ruin its chance to hit a marketplace.

Nothing, only assumptions. But i just can`t believe that someone 1. made such a tech for pump-dump 2. wait for 2 years for pump-dump.
illogically
 
Any way its open, and anyone is granted to use it and clone it to make something on their own taste.

Naka
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April 29, 2014, 05:30:07 PM
 #828


Now, what again tells you that this isn't a pump-dump?

By the way, no, making a coin easily pump-and-dumpable does not make it profitable. It makes people catch on and ruin its chance to hit a marketplace.

Nothing, only assumptions. But i just can`t believe that someone 1. made such a tech for pump-dump 2. wait for 2 years for pump-dump.
illogically
 
Any way its open, and anyone is granted to use it and clone it to make something on their own taste.


No recent posts said the devs made a coin just to pump-and-dump it.
Mining your own technology is the perfect way to test your code and ensure stability. Not destroying this data is the perfect way to both release your technology, and potentially make a lot of money - all the while maintaining your reputation by not addressing it.

Yeah, it's open, and clones have been made for the purpose of fairness, but I'd just like to say that that doesn't dismiss the opposition.
abit2slo
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April 29, 2014, 06:20:38 PM
 #829


Now, what again tells you that this isn't a pump-dump?

By the way, no, making a coin easily pump-and-dumpable does not make it profitable. It makes people catch on and ruin its chance to hit a marketplace.

Nothing, only assumptions. But i just can`t believe that someone 1. made such a tech for pump-dump 2. wait for 2 years for pump-dump.
illogically
 
Any way its open, and anyone is granted to use it and clone it to make something on their own taste.


No recent posts said the devs made a coin just to pump-and-dump it.
Mining your own technology is the perfect way to test your code and ensure stability. Not destroying this data is the perfect way to both release your technology, and potentially make a lot of money - all the while maintaining your reputation by not addressing it.

Yeah, it's open, and clones have been made for the purpose of fairness, but I'd just like to say that that doesn't dismiss the opposition.

it takes one to know one.

Naka
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April 29, 2014, 06:29:03 PM
 #830


Now, what again tells you that this isn't a pump-dump?

By the way, no, making a coin easily pump-and-dumpable does not make it profitable. It makes people catch on and ruin its chance to hit a marketplace.

Nothing, only assumptions. But i just can`t believe that someone 1. made such a tech for pump-dump 2. wait for 2 years for pump-dump.
illogically
 
Any way its open, and anyone is granted to use it and clone it to make something on their own taste.


No recent posts said the devs made a coin just to pump-and-dump it.
Mining your own technology is the perfect way to test your code and ensure stability. Not destroying this data is the perfect way to both release your technology, and potentially make a lot of money - all the while maintaining your reputation by not addressing it.

Yeah, it's open, and clones have been made for the purpose of fairness, but I'd just like to say that that doesn't dismiss the opposition.

it takes one to know one.
It takes what to know what, slo?

Now, what again tells you that this isn't a pump-dump?

By the way, no, making a coin easily pump-and-dumpable does not make it profitable. It makes people catch on and ruin its chance to hit a marketplace.

Nothing, only assumptions. But i just can`t believe that someone 1. made such a tech for pump-dump 2. wait for 2 years for pump-dump.
illogically
 
Any way its open, and anyone is granted to use it and clone it to make something on their own taste.


No recent posts said the devs made a coin just to pump-and-dump it.
Mining your own technology is the perfect way to test your code and ensure stability. Not destroying this data is the perfect way to both release your technology, and potentially make a lot of money - all the while maintaining your reputation by not addressing it.

Yeah, it's open, and clones have been made for the purpose of fairness, but I'd just like to say that that doesn't dismiss the opposition.

it takes one to know one.
It takes what to know what, slo? You were the one complaining about killjoys, did have a joyous point to make?
abit2slo
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April 29, 2014, 06:34:22 PM
 #831

http://bit.ly/1fNkLVs

knows about TOR search engine and nothing about google, huh?

Naka
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April 29, 2014, 06:38:19 PM
 #832

http:///1fNkLVs

knows about TOR search engine and nothing about google, huh?
Reread your post. I think you meant to quote a previous post of mine, so you ended up provided no context for your "takes one to know one", and you're still not providing context rofl

Here's a link I got from google as well http://www.conservapedia.com/Ad_hominem
abit2slo
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April 29, 2014, 06:51:29 PM
 #833

forget it. don't wanna waste my time trying to explain evident things.

Naka
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April 29, 2014, 06:56:00 PM
 #834

forget it. don't wanna waste my time trying to explain evident things.
Yeah, your time is super valuable dude, don't waste it!
smooth
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April 29, 2014, 07:22:28 PM
 #835

Smooth - what kind of cluster do you use to mine Bytecoin?

It is a research cluster (xeons) used for my day job. Mining is done during idle time. I am authorized to do this.



tromp
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April 29, 2014, 07:25:26 PM
 #836

It is a research cluster (xeons) used for my day job. Mining is done during idle time. I am authorized to do this.

What is the largest number of cores sharing the same main memory on your cluster?
graphfox
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April 29, 2014, 07:26:33 PM
 #837

http://bitcoin.mit.edu/announcing-the-mit-bitcoin-project/

MIT is interested in putting bitcoin into wider circulation. If these Bytecoin guys are smart, the ninja mine is meant to be distributed to individuals through wallets or something.
smooth
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April 29, 2014, 07:35:56 PM
 #838

It is a research cluster (xeons) used for my day job. Mining is done during idle time. I am authorized to do this.

What is the largest number of cores sharing the same main memory on your cluster?

I'd prefer not to discuss too much for reasons unrelated to bytecoin but you can PM if you like.
superresistant
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April 29, 2014, 07:58:55 PM
 #839


Can I mine on the same address with multiple machine or do I need to mine on one address per machine ?

EDIT : Thx smooth
smooth
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April 29, 2014, 08:01:58 PM
 #840

Can I mine on the same address with multiple machine or do I need to mine on one address per machine ?

You can use the same address.
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