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Author Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info  (Read 759185 times)
SkyValeey
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May 01, 2014, 01:36:13 PM
 #7481

People still represent blindfaithing in this very suspicious coin...

Hello im old member of the BTC-E and i left that exchange becouse of low morality of admins and made
account here to help you guys.

I want to share what i know about WC so people have time to react & not make money for the admins.


This conversation happened between two BTC-E admins and without them knowing.. i took screenshots.








Dont fall for this Scam.


Peace & Love !
Korg73
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May 01, 2014, 01:37:07 PM
 #7482

For the 400th time for people who don't know what happens in a situation like this, it's the exchanges that lose money if they don't halt trading.  No regular users will really be affected.

Things like this have happened to Cryptsy probably hundreds of times before.  The last incident I remember was Cryptsy losing a bunch of Stablecoins.

Any chance I talked of double spend case?
I talked about the 51% or not clear?
I know the "double spend" man.
It could have been avoided with a simple wallet upgrade and then subsequently with a great new update.
Something wrong?
SkyValeey
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May 01, 2014, 01:37:19 PM
 #7483

WC Community for a few weeks:

dminer69
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May 01, 2014, 01:38:10 PM
 #7484

WC Community for a few weeks:


nice! lmao
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May 01, 2014, 01:38:19 PM
 #7485

So you guys still haven't caught on that gonzo IS the orinal dev? The fact that innocent people are falling for this is really sad to see. There IS NO NEW WALLET coming... You're gonna keep being told (tomorrow tomorrow soon, almost there, making progress) NOTHING IS COMING. Stop being played for a fool.

Gonzo was never given the password to the ying yang account.. he had it all along. You guys are stupid and dumb if you allow an n00b like that to scam you. I tried to warn people.
cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG


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May 01, 2014, 01:39:10 PM
 #7486

so much fud surrounding this coin...

the original devs were crap....same with most shit pumped out of china is junk. Can't even produce a POS coin where the POS works. Although from the source i'm shocked nobody noticed it before.

Anyway let's hope the new devs can fork this into better shape. Let's get rid of the old dev team, and shake out the scammers. The launch was pretty fair so aside from the premine i can't see how anyone got a bulk of the coins without buying at the market rate.

The WC community was probably one of the fastest growing communities since doge. Regardless of what the devs did the community deserves to have the coin fixed and move forward.





Asgardian
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May 01, 2014, 01:40:37 PM
 #7487

so much fud surrounding this coin...

the original devs were crap....same with most shit pumped out of china is junk. Can't even produce a POS coin where the POS works. Although from the source i'm shocked nobody noticed it before.

Anyway let's hope the new devs can fork this into better shape. Let's get rid of the old dev team, and shake out the scammers. The launch was pretty fair so aside from the premine i can't see how anyone got a bulk of the coins without buying at the market rate.

The WC community was probably one of the fastest growing communities since doge. Regardless of what the devs did the community deserves to have the coin fixed and move forward.






+1

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
r0ach
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May 01, 2014, 01:43:11 PM
 #7488

WC Community for a few weeks:



This is actually Asiacoin after people figure out that no Asian businesses on the entire planet accept even BTC, so where exactly does Asiacoin come into the picture.  It took me a while before I came to that realization.

I was going to buy some before I realized this....

I mean, you can't even buy beef jerky with Bitcoin in Asia.

Everything to do with Crypto is pretty much in the US + Europe, while Asia bans it.

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brightlight
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May 01, 2014, 01:43:32 PM
 #7489

So sad to see what happened. I don't hold any WC, but wish all of you soon WC recovery! With your efforts it can happen. Look at FAC history, it was hacked even harder.
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May 01, 2014, 01:44:14 PM
 #7490

So you guys still haven't caught on that gonzo IS the orinal dev? The fact that innocent people are falling for this is really sad to see. There IS NO NEW WALLET coming... You're gonna keep being told (tomorrow tomorrow soon, almost there, making progress) NOTHING IS COMING. Stop being played for a fool.

Gonzo was never given the password to the ying yang account.. he had it all along. You guys are stupid and dumb if you allow an n00b like that to scam you. I tried to warn people.

Interesting theory. What role does 'Chunkypool' play in this whole scam, in your humble opinion?
SkyValeey
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May 01, 2014, 01:44:24 PM
 #7491

Mogonzo with friends for a few week with WC:

cointradero
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May 01, 2014, 01:44:49 PM
 #7492

At the end of the day uninformed traders are just going to watch the WC price climb and trade it as if the first month of its history is irrelevant anyways.

Agree..

At the end of the day, it was just a double spend attack....

Many will look at this as a buying opportunity once the dust settles a bit.


No one with a half functioning brain would spend money on this scamcoin , good that i didnt spend that much here!
Dont you see it? Double spend attack means someone put coins in the system that weren't there, it means a lot of people seems to have coins over the 300.000.000 mark , = more inflation = uslss coin that can get dumped always Wink

You can't "add" coins to the ecosystem.  All you can do is trick a merchant / exchange into believing a transaction is valid when it isn't.  Hence, If I have a debit card that has $100 dollars on it and go spend $99 at a store, I should only have $1 dollar left.  If for some reason, my bank didn't process I spent $99 dollars, the next store I go to will still think I have $100 dollars still.  If I spent that money again, sooner or later my bank would try to rectify their books and realize I spend $198 dollars when I only had $100 to spend.  

In that case, I didn't magically create $98 more dollars.  I just tricked them into thinking I had it.  Hence the store lost product.  Or in this case, an exchange would lose the value of what I traded for -- BTC.  The only other option would be to try to take the extra money I spend back out of my account.  Cryptsy did this once to me.  They said I had a negative UTC balance somehow and locked my account until I made the balance 0 again.  Somehow they let me trade the same coins twice.  In that case, an internal error created a double spend action local to Cryptsy and UTC, but it had nothing to do with the coin.

So, this really is being blown up out of proportion.  It's a problem, but it's no different than an exchange running off with your funds or hacking a pool, or any other method of theft.  That's what a double-spend attack is - another means to steal money.  It has nothing to do with a coin and is inherent issue with all crypto.  It just so happens someone saw a window to exploit whitecoin and took it.  

There is no extra money created, no permanent flaw exposed, it's just theft directly from the exchanges.  If the person wasn't able to get there money out before they halted withdrawals / deposits, it won't even be that.  
SkyValeey
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May 01, 2014, 01:45:44 PM
 #7493

New WC DEV:

Alty
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RISE Project Manager


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May 01, 2014, 01:46:01 PM
 #7494

I will release the kraken.

7 days remain.

We don't lose.
regmann
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May 01, 2014, 01:47:10 PM
 #7495



This is the cinni-doge. Mad he overslept

its was made for cinni ( but its funny )

and i think us wc investors need something to laugh @
EmilioMann
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May 01, 2014, 01:47:30 PM
 #7496

ONCE YOU GO WHITE…….YOU LOSE ALL YOUR MONEY


NO MORE MINTPAL FOR YOU , SUCKERS   MWHUAHHAHAHAHA

Some people really need a life...like seriously. Roll Eyes

+1
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May 01, 2014, 01:48:52 PM
 #7497

Thanks, can't believe it took so long for a valid explanation like this. Just shows you these boards are populated by clueless children.
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May 01, 2014, 01:49:05 PM
 #7498

So you guys still haven't caught on that gonzo IS the orinal dev? The fact that innocent people are falling for this is really sad to see. There IS NO NEW WALLET coming... You're gonna keep being told (tomorrow tomorrow soon, almost there, making progress) NOTHING IS COMING. Stop being played for a fool.

Gonzo was never given the password to the ying yang account.. he had it all along. You guys are stupid and dumb if you allow an n00b like that to scam you. I tried to warn people.

Interesting theory. What role does 'Chunkypool' play in this whole scam, in your humble opinion?

A pawn caught in the middle of all this. They an opportunity to make a profit out of the confusion and honestly I think their looking for an exit strategy.
SkyValeey
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May 01, 2014, 01:50:41 PM
 #7499

Breaking NEWS:

WC on gox!


Not LTC bs but WC  Wink Wink


https://www.mtgox.com/
r0ach
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May 01, 2014, 01:50:59 PM
 #7500

It's unbelievable all the little kids from Indonesia coming into this thread talking trash, trying to hype Asiacoin saying it's going to beat Whitecoin.

I used to own a ton of Asiacoin but I sold it all after realizing there are virtually no Asian businesses on the entire planet accepting any form of cryptocurrency, even BTC.

They not only don't accept it, they're all banning it completely.  Any coin with the name "Asia" on it is a complete dead end.

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