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Author Topic: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS  (Read 331805 times)
sesko
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June 24, 2014, 03:04:48 PM
 #6561

Read the thread and you will reconsider.  

1. devs premined
2. whitepaper was not that interesting
3. did not released the next version last night
4. other user named silkcoin_something said that its coming tonight
5. someone here noticed that the 1 million premined coins moved to a Mintpal address
6. screenshot appears here which proves that the coins were dumped.

Shame on you silkcoin!

1. valid, but other good coins have premine to
2. valid, but there should be add on on friday i believe
3. valid, actually good point he's already late. Dev's sooner or later learns not to post dates. VRC was attacked in the same style, next day the fudsters was thanking for cheap coins
4. don't know anything about that
5. Someone linked moving 1mill of coins (there's no proof premine was moved, it could be moved by large holder),
6. and he connected that to a dump on a mintpal. But there is still possibility this was done by dev. But SC has like 43mil coins, and there are large holders owning 1 million or more.

7. Why would dev stick so long with the coin, and than dumped it in a second. Coin was doing very well, he could be selling of premine little by little, and nobody will care about that, because he could claim he need's to cover his expenses.  Nobody would care.


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Mainbrain
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June 24, 2014, 03:05:04 PM
 #6562

i saw the rich list is come back. i cant load the page at 20 mins ago.

Show me your Bitcoin address.
lonely@thetop
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June 24, 2014, 03:06:08 PM
 #6563

Dev, please respond?
dandruff1138
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June 24, 2014, 03:06:53 PM
 #6564

Developer is online, just canceled my sell order. Smiley

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psychocoin
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June 24, 2014, 03:08:40 PM
 #6565

We better hear some good explanations, within minutes. Or it's over.

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Silkcoin
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June 24, 2014, 03:09:10 PM
 #6566

Update about the current situation :

We posted no official statements here first of all. I have some very bad news..

I was very busy the last 2 days because 3 of the devs left the team. We are now only two left and it's impossible that we respect the timeframe without the help of other devs. We also discovered a big bug, the second the community will know about this it will be dump time.

They left because of a few big issues : they felt their work was not recognized for the last week they've been talking about that and the fud and the price crashing, they threatened to leave more then once.

But the main reason is we found 3 days ago a big flaw in the code. Fudders were right those devs were clumsy in their way of working, I just had neither the time neither the skills to check everything...

The private key problem raised my concerns since yes they were right, how could the dev do such an error? that's why I checked everything in the wallet and the code and I found out an enormous bug: transactions get confirmed à 0 confirms. This is a VERY BIG issue, they tried everything to fix it, without success and I have no news since more than 12 hours. You can try it in the wallet, 0 confirms. I spent all night trying to fix this and trying to find a solution.

I am not a dev myself, well I know how to code so I can check the overall code but can't code the eco-system or even advanced functions in the wallet.. Neither can I fix this bug. So really here I don't know what to do, no money left either as we had a LOT of expenses and never sold a single SC.

I'm deeply sorry, you know this was never the intent of this coin if it was I would've sold the premine at 8k sat.

We paid everything we owed all along including the occulus and everyone in time, and never touched the premine..
All devs took a part of the premine when they left since the wallet was shared, which was worth amost nothing compared to our costs since no buy orders were there to cover all the costs we had.

So I really don't know what to do no devs left except for me, I have ~8btc to reinvest in Silkcoin so I'm currently seeking some paid dev to continue this project.
Everyone learn this news at the same time... Once again sorry and I'm willing to find a solution with you all.
dandruff1138
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June 24, 2014, 03:09:38 PM
 #6567

We better hear some good explanations, within minutes. Or it's over.

heh your username is very fitting with responses like that.

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
regnevacs
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June 24, 2014, 03:10:53 PM
 #6568

dev online laughing @ you guys  Cheesy
lonely@thetop
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June 24, 2014, 03:11:12 PM
 #6569

Sad
Silkcoin
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June 24, 2014, 03:11:38 PM
 #6570

I'm ready to hear any solution you have in mind, but first there's this 0 confirmation issue we NEED to solve and I can't.
lonely@thetop
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June 24, 2014, 03:12:44 PM
 #6571

I'm ready to hear any solution you have in mind, but first there's this 0 confirmation issue we NEED to solve and I can't.

Do you have the ownership of the github account? The confirmation counter should be just that, a counter somewhere in the code, right? I'm personally a programmer, but not c++ nor I know bitcoin code, but fixing something like this sounds trivial.
Silkcoin
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June 24, 2014, 03:13:02 PM
 #6572

Yes I have access.
btcapparel
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June 24, 2014, 03:13:15 PM
 #6573

sad story for a coin with such potential....feel sorry for those who lost money Sad
Silkcoin
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June 24, 2014, 03:15:10 PM
 #6574

Well for starters, I lost money with all I invested. But this coin is not dead if we can fix the problems and continue with the plan. The plan was good.
burner2014
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June 24, 2014, 03:15:48 PM
 #6575

But guys I mean there is a Coin with a big potential wallet and a Community Manager who not run away. Potential is still there in my opinion.  Hope we can stay together as a community and help him and not just shit on him!
madalieninvader
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June 24, 2014, 03:16:03 PM
 #6576

So is the premine still there for all to see? I'm confused about your first post. If it is that would be an enormous trust booster.

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lonely@thetop
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June 24, 2014, 03:16:27 PM
 #6577

Alright, is the premine still available for bounties? We need a community manager, a bounty list and hire dev. Perhaps we should contact rat4 (blackcoin dev) as he previously helped to fix a bug in mintcoin.
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June 24, 2014, 03:16:30 PM
 #6578

Name:   Silkcoin
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Date Registered:   February 08, 2014, 03:15:42 AM
Last Active:   Today at 03:01:03 PM

online

but he hasn't post anything yet, or maybe doesnt have anything to say at all

dandruff1138
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June 24, 2014, 03:17:04 PM
 #6579

Wow. Shocked

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
Grifftech2k4
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June 24, 2014, 03:17:08 PM
 #6580

Let's do this guys.

The dev has funds to find new devs to help and we can make this coin good again.
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