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Author Topic: SHIBECOIN PRICE CRASHING! DEVELOPER DUMPED ALL HIS COINS? loq abandoned shibe?  (Read 2925 times)
ShibecoinSucks (OP)
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May 16, 2014, 12:48:10 AM
 #1

Hello so after having so many issues with shibe coin and trying to get some idea of what's going on, I was finally able to get a bit of convo from the developer loq.


[07:25] <> Hello do you mind me asking why the wallets are always messed up and the coin is disabled all the time? The price is falling fast and everyone is saying is a scam coin now, I trusted you and put a lot of faith and money I this coin. I got my friends involved and they think I helped you rip them off, wtf man?
[08:01] <loq> I don't have time for this anymore, obviously you dint get it I don't care what you peons think!
[08:05] <> I just want to know what's going on, I'm hearing a lot of bad stuff about this coin, and the price falling and all the problems with the wallet? Are you just to busy to fix it or to incompetent?
[08:08] <loq> I am not obligated to any of you, you don't deserve of this coin! You peons don't deserve a working wallet, I can start another coin anytime!
[08:13] <loq> this isn't worth my time anymore
[08:13] <loq> you don't even understand
[08:15] <> so you don't care about the thousands of people whoy believed in your coin and lost out?
[08:18] <loq> what is wrong with your people, I have no obligation to you, your not worth my time anymore
[08:18] <loq> You are not worth my time, my time is my money.
[08:18] <> i can't believe your so cold and negative, just fix the wallets and get the coin right!
[08:18] <loq> you people just WANT free money from me?
[08:19] <> why are you behaving like that? you sound likeyour abandoning the coin? I'm sure your already made a fortune you scamming jerk
[08:19] <loq> i dont give a f#$! about any of you
[08:19] <loq> you needed to learn a lesson, I.hope you lost all your money! And guess what? I own your $ now ! From your poqqitz to mines! Haha loser is what you are
[08:20] <loq> YOU NEED TO LEARN THAT THEIR ARE MAKERS AND TAKERS, AND I'M BOTH....YOUR JUST A WEAKLING NOT WORTH MY TIME. HAVE FUN BEING POOR
[08:21] <> you will be punished by the karmic gods for your theft
[08:27] <loq> thanx for your money retard


I had to edit a bit of this because of loq's bad language, I'm not sure if we can post that here.

ICEBERG COIN SUCKED!

QORA
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May 16, 2014, 12:52:09 AM
 #2

this is the same dev that creates most of the new coins around here .... he can't spend too much time on each of them. Once the premine/instamine is dumped why would he hang around?

Want good devs???

insist any premine is held by escrow level member and released gradually over time to the dev.

insist on fair launch protocol so there is no instamine.

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May 16, 2014, 12:57:09 AM
 #3

Yes of course loq dumped. How could you not know that SHIBEcoin was a blatant scam?
ShibecoinSucks (OP)
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May 16, 2014, 12:59:03 AM
 #4

I just can't believe how awful these people are, they steal and scam people and then when they ask them about it, they threaten them. And call them trolls and stuff, when in reality they are the trolls that are scamming everyone. Ask these new scam coins are ruining the future of a crypto economy and wide spread adoption. And why are there so many people on these forums that defend scammers like loq?

ICEBERG COIN SUCKED!

QORA
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May 16, 2014, 01:01:48 AM
 #5

fuck off that text was so altered.. post a screenshot bud or are you butthurt you got banned from #shibecoin Grin
Hollowman338
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May 16, 2014, 01:03:11 AM
 #6

lol, right

loq has better english than that, and he's going full steam ahead with the SHIBEteam in IRC right now.

OP is a loser and has many sock puppets, and wants you to go buy whatever loser coins OP is holding bags for  Cheesy
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May 16, 2014, 01:05:35 AM
 #7

meanwhile, at OP's house..

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May 16, 2014, 01:10:51 AM
 #8

Yes of course loq dumped. How could you not know that SHIBEcoin was a blatant scam?

This.

Everything about that coin screamed SCAAAAAAM!!! from Day 1. Its just another dogeclone, which itself is basically an LTC clone.

The only part worth discussing is the fact that this dev can come up with crafty coin names and marketing strategies.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
bitfoud
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May 16, 2014, 01:12:21 AM
 #9

is this a free coin?just hear about it

OdinYggd
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May 16, 2014, 01:12:33 AM
 #10

The posted log has been altered, rendering it completely invalid because you could have doctored it to make yourself look good.

Also worth noting- loq's actual holdings in shibe are small. He could easily dump it with next to no impact to the coin.

What matters is that he is available reliably to talk to if there are issues. In that regard he is doing very well, so much in fact that he had to take a little time away from the coin recently to settle some family matters.

I don't blame him at all for getting upset with people when they continue to throw stones at the shibe team, when everyone on it is doing all they can to keep shibe's value growing.

Technical issues happen- and it actually worked in our favor to have the exchanges turned off. They didn't shut them down because there was anything wrong, the devteam asked them to shut down because of concerns over the coin's stability. And it worked perfectly- while being observed for faults, the coin threw a fault while everyone was watching for one.

Because the exchanges were already down, the impacts of the issue were minimized a great deal. I think the only really significant losses were to the miners whose pools had been forked out.

As it stands the only issue remaining is the nagging issue of the blockchain not quite being at a reliable speed. And at this point time itself will fix that- people's stakes need more time to mature for reliable generation of PoS blocks.

Shibe entered full PoS ahead of schedule at block 5430 in order to solve three major problems- PoW instability/sticking, difficulty adjustment error due to a misconfiguration, and the high risk of forks caused by that misconfiguration. All three problems were solved by cutting off PoW ahead of schedule, and the only problem remaining is the early cutoff meant that people's stakes aren't quite mature enough for reliable block formation.

Time is fixing this last issue. I recieved a stake payout myself today as point of fact, and I hope to see many more.

So no, next time you post logs, post unaltered screenshots. Otherwise it is just some kid crying over getting banned from the IRC because he did something he shouldn't have.
ShibecoinSucks (OP)
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May 16, 2014, 01:13:32 AM
 #11

I see there are still people defending this coin, I guess they are hoping it might go back up in value so they can sell sell sell. I'm confident that anyone with a brain will never be fooled by loq's scam coins again.

ICEBERG COIN SUCKED!

QORA
dfletcher
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May 16, 2014, 01:14:59 AM
 #12

Hum well as much as I trust the opinion of a fellow named "ShibecoinSucks" on the subject of Shibecoin, I'm afraid this just does not jive with what I've seen by participating in their IRC chat room over the past week.

What I've seen is loq and energion basically ROCK in the face of the problems that came up and provide fixes faster than any software project I've seen in any field, pretty much ever.

So rock on Shibes. The coin has an undeserved bad rep. Please folks come to the IRC channel and see for yourselves.
PanicBot
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May 16, 2014, 01:20:08 AM
 #13

This is all bullshit, btw. loq didn't dump shit, and like Odin said if he had it wouldn't hurt the market at all (especially with all my buy orders)

So many people have the sorest butts ever over this coin, and I can't even figure out why. Why not just buy in and make money with the rest of us that aren't idiots?
Jaqen
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May 16, 2014, 01:21:18 AM
 #14

What other dev makes an interview and posts it on youtube with his real name?

https://www.youtube.com/watch?v=1jKpQPMns0E&feature=youtu.be

You guys and your FUD...
nutildah
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May 16, 2014, 01:26:16 AM
 #15

The posted log has been altered, rendering it completely invalid because you could have doctored it to make yourself look good.

Also worth noting- loq's actual holdings in shibe are small. He could easily dump it with next to no impact to the coin.

What matters is that he is available reliably to talk to if there are issues. In that regard he is doing very well, so much in fact that he had to take a little time away from the coin recently to settle some family matters.

I don't blame him at all for getting upset with people when they continue to throw stones at the shibe team, when everyone on it is doing all they can to keep shibe's value growing.

Technical issues happen- and it actually worked in our favor to have the exchanges turned off. They didn't shut them down because there was anything wrong, the devteam asked them to shut down because of concerns over the coin's stability. And it worked perfectly- while being observed for faults, the coin threw a fault while everyone was watching for one.

Because the exchanges were already down, the impacts of the issue were minimized a great deal. I think the only really significant losses were to the miners whose pools had been forked out.

As it stands the only issue remaining is the nagging issue of the blockchain not quite being at a reliable speed. And at this point time itself will fix that- people's stakes need more time to mature for reliable generation of PoS blocks.

Shibe entered full PoS ahead of schedule at block 5430 in order to solve three major problems- PoW instability/sticking, difficulty adjustment error due to a misconfiguration, and the high risk of forks caused by that misconfiguration. All three problems were solved by cutting off PoW ahead of schedule, and the only problem remaining is the early cutoff meant that people's stakes aren't quite mature enough for reliable block formation.

Time is fixing this last issue. I recieved a stake payout myself today as point of fact, and I hope to see many more.

So no, next time you post logs, post unaltered screenshots. Otherwise it is just some kid crying over getting banned from the IRC because he did something he shouldn't have.

Wow you sound like you could be the next Jay Carney... That was a magnificent show. <insert golf clap here>

First of all, nothing is "keeping shibe's value growing." It is currently in the midst of a giant plummet, likely down to 0, because this coin has nothing interesting or novel about it. Its basically a copycat sales pitch by an e-cult leader. He must be providing you with some mighty fine tasting Kool Aid. Second of all, you do not back any of your points with tangible evidence. You are simply laying down a whole bunch of claims without providing any sort of proof to back them up.

In any case, word of advice to anyone who is thinking about taking this guy's advice seriously: please do your own research on ShibeCoin. Don't just assume this poster's words to be fact because he said them with such confidence. Don't give anybody too much of your trust here, it will bite you in the ass and make you all the more cynical of a person the next day.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
ShibecoinSucks (OP)
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May 16, 2014, 01:32:48 AM
 #16

"Hum well as much as I trust the opinion of a fellow named "ShibecoinSucks" on the subject of Shibecoin, I'm afraid this just does not jive with what I've seen by participating in their IRC chat room over the past week.

What I've seen is loq and energion basically ROCK in the face of the problems that came up and provide fixes faster than any software project I've seen in any field, pretty much ever.

So rock on Shibes. The coin has an undeserved bad rep. Please folks come to the IRC channel and see for yourselves."


Just so everyone knows loq has banned at least twenty people in the past week for asking why coins were missing from their wallets, why the blockchain isn't stable, why they lost coins they had mined, and multiple other questions about the faults and failures of Shibecoin. Loq doesn't deal with support, if someone is having an issue then they get banned. The #shibecoin channel is full of shibecoin bag holders and paid propagandists. If you go into that channel don't expect a fair and balanced conversation, you will only see the good things, like the supposed work that loq had been doing. The only work being done is loq's lackeys trying to pump the shibecoin so they can dump their coins on the people they fool. If you do a real search of these forums you'll see that there are only a small amount of the same people defending this coin. I've heard from an inside source that these people are paid directly to to respond to any issues that are brought up against shibecoin, also the source told me that loq has banned closer to 50 people in the past two weeks. This source of mine is an actual friend that is unfortunately a shibecoin bag holder and he's trying to stay active in the community to help it, but he's telling me right now about how the coin is really going to be dead soon and that a select few are trying really hard to get the coin back up in price so they can all dump their coins. He told me that they are doing everything they can, propaganda, market manipulation, and trying to make it look like they are creating teams and relationships and programs for the coin, but its all just really a farce to pump the last bit that can out of the coin.

Sorry if this new to any of you, but its the real truth and I know it might hurt, but you gotta take a step back and take a look at the whole thing. If you can be objective and reasonable with yourself without being emotional, then you'll realize that this shibecoin had been a rip off scam from the start.

ICEBERG COIN SUCKED!

QORA
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May 16, 2014, 01:33:32 AM
Last edit: May 16, 2014, 01:56:19 AM by Vann
 #17

What other dev makes an interview and posts it on youtube with his real name?

https://www.youtube.com/watch?v=1jKpQPMns0E&feature=youtu.be

You guys and your FUD...

There's a reason why this shitcoin has failed, which will soon become more and more obvious to those still defending this scam. It doesn't matter what you say, what matters is what you do. The facts show this was an insta-mine scam from the beginning and the 'dev' has zero credibility, just like his shitcoin.
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May 16, 2014, 01:33:38 AM
 #18

Also, loq doesn't even type like that.

he has a better understanding of there/their/they're and your/you're.
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May 16, 2014, 01:36:21 AM
 #19

Every great coin has haters.  Witness the band of fud'ing retards right here in this very thread  Cheesy
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May 16, 2014, 01:38:16 AM
 #20

> if someone is having an issue then they get banned

Is it possible for you to stop lying? I personally helped several people with this same issue to get their wallets synced. And I've seen others doing it over and over.

The world is shitty. Perhaps the world shits on you. But your anger is misdirected. Forks happen. Especially when the coin is attacked by losers like yourself with nothing better to do than make an account on BCT with the only goal of attacking a coin.
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