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Author Topic: [ANN][CRYPT] CryptCoin x11 + PoS | P2P Anonymity | 0% Premine | Commander  (Read 506265 times)
envym3
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June 18, 2014, 05:21:11 PM
 #1601

Pump inccc

Instagram: @wesdewayne

#turnt4cryptos
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There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
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Adapted
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June 18, 2014, 05:21:18 PM
 #1602

dont u get it ?? DUMP IT it's that simple !
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June 18, 2014, 05:22:23 PM
 #1603

I will kissing someone ass who claim me we will see this 270K this week again and it will actually happen.

Every coin has been through this shit ...P&D..EVERY its like a welcome to the cryptoclub test.

If no coin, except DRK. could get on his ATH again why should CRYPT?. Everyone who didnt listen to me should

take a lesson now if you are lucky you will have the chance to sell at 170K in few hours again but thats it. You will all

bagholding at 100K like vericoiner did on 12K  thats the sad truth about us altcoins...we still feeding fontase and co.
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June 18, 2014, 05:24:04 PM
 #1604

*yawn*

when is this dump gona end??

what, were looking at another 24hrs back to .002?

at least i get to relax a bit  Grin

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June 18, 2014, 05:25:02 PM
 #1605

I will kissing someone ass who claim me we will see this 270K this week again and it will actually happen.

Every coin has been through this shit ...P&D..EVERY its like a welcome to the cryptoclub test.

If no coin, except DRK. could get on his ATH again why should CRYPT?. Everyone who didnt listen to me should

take a lesson now if you are lucky you will have the chance to sell at 170K in few hours again but thats it. You will all

bagholding at 100K like vericoiner did on 12K  thats the sad truth about us altcoins...we still feeding fontase and co.

+1

Nuff said

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June 18, 2014, 05:26:03 PM
 #1606

Wow, this is risky shit. Thin sale and buy price. You can double, triple or halve your investment in a single day.
HoodRich
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June 18, 2014, 05:26:52 PM
 #1607

It is funny how every time a coin goes up 1000% in a week, all of a sudden a well coordinated FUD attack hits with more gossipy, school girl, BS... Drama Queens...

1. XC - it was that they were using Fedoracoin's Code, proved untrue.
2. Vericoin - it was more BS. proved untrue?
3. Supercoin - got decimated by Polo on some BS...

I will admit that it is effective, for now...

The next time a coin is blowing up... I will now ride the 1000% wave, then sell and wait for the little school girls to creep in the Bitcoin Forum and do their thing. Then I will buy back at !/2 price.

I believe they only have about 2 more times to do this until the traders wise up to their routine , but for now, FUD is very effective in the hypersensitive Crypto markets  Grin
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June 18, 2014, 05:30:08 PM
 #1608

Does anyone know why this post was removed from reddit?

http://www.reddit.com/r/CryptCoin/comments/28e8be/security_analysis_of_cryptcoins_cryptcast_feature/



SUMMARY CryptCoin with CryptCast probably provides no more security than Bitcoin. CryptCoin users are advised to NOT ASSUME that their transactions will be more "private" (or "secure" in any sense) than regular Bitcoin transactions. Using CryptCoin instead of Bitcoin may in fact reveal more information about parties that are involved in transactions.

1. This document describes some potential security vulnerabilities in CryptCoin's CryptCast feature.

This feature is described in this document:

http://cryptco.org/Cryptcoin-CryptCast-Anonymous-Whitepaper.pdf

2. Simplifed example of CryptCast algorithm: * Wallet A wants to send coins to Wallet B, * Wallet A must somehow find the public key of Wallet B (this may be published on website, for example), * Wallet A sends encrypted message to Wallet B: "I want to send you 10 coins in 3 transactions." * Wallet B sends back encrypted message to Wallet A: "Ok, send them to ADDRESS1, ADDRESS2 and ADDRESS3." * Wallet A sends 10 coins to addresses ADDRESS1, ADDRESS2 and ADDRESS3 in three separate transactions.

3. When Wallet A sends coins to Wallet B, these are just regular transactions that are visible in blockchain. The coins are not even "mixed" with coins from other transactions (CoinJoin concept).

So these transactions can be easily analysed with the same methods that can be used on Bitcoin blockchain. In fact it is probably even easier to do this kind of analysis because of smaller number of users/transactions.

4. When Wallet A wants to send coins to Wallet B, it must know only it's public key. With this public key it can request some new addresses from Wallet B.

In this case the third party has no direct access to these newly generated addresses.

However, this is also true when paying with Bitcoins: - user goes to merchant's website via HTTPS, - clicking button "buy now" which generates new address (in fact, it could generate multiple addresses), - user uses its wallet to send coins to these newly generated addresses.

So CryptCast does nothing else that Bitcoin is already doing today.

5. CryptCast's secure transactions are optional.

Secure transactions don't work if the computer of receiving party is not running a wallet (or is not online etc.). If the wallet is not running, then nobody can use secure transactions to send coins to this wallet.

However, this makes system very unsecure. If user of Wallet A uses secure transaction to send coins to Wallet B, it cannot "force" the user of Wallet B to use secure transaction when sending coins to Wallet C.

If the Wallet B sends coins to Wallet C using nonsecure transactions, this can make blockchain analysis much easier and the party that owns Wallet A can be much easier identified. In this case the analysis of blockchain is not "harder" than in the case of Bitcoin.

Nonsecure transactions usually use different "inputs" and they send them to one or more outputs. This automatically "proves" that the all these inputs belong to the same party (because there is no "mixing" involved at all). This effectively "nullifies" effect of secure transaction that was used to send coins from Wallet A to Wallet B.

6. When wallets are online, they respond to requests for secure transactions. This allows attack which can relate most wallet public keys with their IP address.

See this Coindesk article for short description of attack on Bitcoin network: http://www.coindesk.com/eavesdropping-attack-can-unmask-60-bitcoin-clients/

The similar attack can be used to reveal IP addresses that correspond to "public keys" of targeted wallets.

Such attack on CryptCoin network could be done almost trivially because of smaller number of nodes and because wallets must be online all the time to be able to accept secure transactions.
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June 18, 2014, 05:31:30 PM
 #1609

It is funny how every time a coin goes up 1000% in a week, all of a sudden a well coordinated FUD attack hits with more gossipy, school girl, BS... Drama Queens...

1. XC - it was that they were using Fedoracoin's Code, proved untrue.
2. Vericoin - it was more BS. proved untrue?
3. Supercoin - got decimated by Polo on some BS...

I will admit that it is effective, for now...

The next time a coin is blowing up... I will now ride the 1000% wave, then sell and wait for the little school girls to creep in the Bitcoin Forum and do their thing. Then I will buy back at !/2 price.

I believe they only have about 2 more time to do this until the traders wise up to their routine , but for now, FUD is very effective in the hypersensitive Crypto markets  Grin

+10000

I sure hope so cause this is getting uber ridiculous!






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Adapted
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June 18, 2014, 05:33:04 PM
 #1610

omahapoker
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June 18, 2014, 05:33:44 PM
 #1611

no dice sites yet?


 cmon, you guys are suppose to be the next darkcoin
provenceday
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June 18, 2014, 05:35:34 PM
 #1612

when will Anon Wallet release?

thanks
Crypt;RIP
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June 18, 2014, 05:36:20 PM
 #1613

Hey Cryptcoin Dev Mindfox, care to answer to these PROVEN allegations?

http://pastebin.com/zcn65Eez/

^this link shows that mindfox was involved in the whitecoin pump and dump scam. He jumped on the team and everyone poured money into the coin; hours later the coin crashed.

 http://www.reddit.com/r/CryptCoin/comments/28e8be/security_analysis_of_cryptcoins_cryptcast_feature/

^this link sheds light on the fact that Cryptcoin is ALL HYPE, there is no anonymity feature whatsoever, it is simply a pump and dump waiting to implode.

_______________________________________________________________________________ ____________________________________________

Investors please be weary of these alarming findings. Seriously I just sold my last 3.4k CRYPT, this is really shady stuff.

I demand that mindfox be removed from the team, in the mean time I'm selling all of my coins in protest.

Holy shit, I have 16.3 bitcoins 100% in Cryptcoin but am dumping all immediately, this is extremely alarming!! I invested in whitecoin, I cannot afford to lose my precious bitcoins like that again!!!!!!!!!!! WTF

Anyone buying now please beware, this is truly eye opening information. BE CAREFUL DO NOT BUY.

Mindfox was involved in the peer review of XC code, the one that people spreading FUD requested. Days later Cryptcoin was launched and now Mindfox is the lead developer. The thing is that XC still has the p2p protocol, the EXACT thing that he is working on right now for CRYPT, but its already in the wallet. This means that Mindfox took the source code from the wallet he reviewed, stole it, and is now racing to implement it into CRYPT. This can be proven as the technology already exists within the XC client. Furthermore, CRYPT has no ambitions of blockchain 2.0, its simply being manipulated in price so that whales can make a boatload of money before the crash. This lack of goals for the future should strike anyone as alarming, as CRYPT's future is short sided.

This scam is spreading, and people are caught up in the hype, but this cannot go unquestioned.


If he is trying to rip off the code just goes to show... XC knows what it's doing...... If this is true though it is not exactly a vote of confidence for Crypt.. I doubt XC will be doing peer review of code again in a hurry....

I just woke up, did this guy seriously rip off our code? Lack of innovation, hype, pump and dump; Holy shit these investors are about to lose their money. How do people sleep at night?

https://twitter.com/chunkmonke/statuses/479295485807984640

To anyone and everyone get out while you still can. There is nothing backing this pump and dump, and just like I said, it's happening. The instamine is being dumped onto the markets and developers are cutting ties.

100% cryptcoin portfolio
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June 18, 2014, 05:38:11 PM
 #1614

Hey Cryptcoin Dev Mindfox, care to answer to these PROVEN allegations?

http://pastebin.com/zcn65Eez/

^this link shows that mindfox was involved in the whitecoin pump and dump scam. He jumped on the team and everyone poured money into the coin; hours later the coin crashed.

 http://www.reddit.com/r/CryptCoin/comments/28e8be/security_analysis_of_cryptcoins_cryptcast_feature/

^this link sheds light on the fact that Cryptcoin is ALL HYPE, there is no anonymity feature whatsoever, it is simply a pump and dump waiting to implode.

_______________________________________________________________________________ ____________________________________________

Investors please be weary of these alarming findings. Seriously I just sold my last 3.4k CRYPT, this is really shady stuff.

I demand that mindfox be removed from the team, in the mean time I'm selling all of my coins in protest.

Holy shit, I have 16.3 bitcoins 100% in Cryptcoin but am dumping all immediately, this is extremely alarming!! I invested in whitecoin, I cannot afford to lose my precious bitcoins like that again!!!!!!!!!!! WTF

Anyone buying now please beware, this is truly eye opening information. BE CAREFUL DO NOT BUY.

Mindfox was involved in the peer review of XC code, the one that people spreading FUD requested. Days later Cryptcoin was launched and now Mindfox is the lead developer. The thing is that XC still has the p2p protocol, the EXACT thing that he is working on right now for CRYPT, but its already in the wallet. This means that Mindfox took the source code from the wallet he reviewed, stole it, and is now racing to implement it into CRYPT. This can be proven as the technology already exists within the XC client. Furthermore, CRYPT has no ambitions of blockchain 2.0, its simply being manipulated in price so that whales can make a boatload of money before the crash. This lack of goals for the future should strike anyone as alarming, as CRYPT's future is short sided.

This scam is spreading, and people are caught up in the hype, but this cannot go unquestioned.


If he is trying to rip off the code just goes to show... XC knows what it's doing...... If this is true though it is not exactly a vote of confidence for Crypt.. I doubt XC will be doing peer review of code again in a hurry....

I just woke up, did this guy seriously rip off our code? Lack of innovation, hype, pump and dump; Holy shit these investors are about to lose their money. How do people sleep at night?

https://twitter.com/chunkmonke/statuses/479295485807984640

To anyone and everyone get out while you still can. There is nothing backing this pump and dump, and just like I said, it's happening. The instamine is being dumped onto the markets and developers are cutting ties.

Well said... it's over saddly !
TrollboxChamp
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June 18, 2014, 05:39:43 PM
 #1615

Take the FUD elsewhere.

Cheap coins. Easy profits for me  Cool
asemov
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June 18, 2014, 05:39:48 PM
 #1616

CRYPT.HASHLINK.EU
Spread some hash Wink

HASHLINK.EU - Your safety crypto mining platform!
Follow us on Twitter
@HashlinkEU

timk225
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June 18, 2014, 05:40:29 PM
 #1617

LOL, you stupid asshole - there was no premine.  Try to have a clue what you are talking about, you 2 post count noob!
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June 18, 2014, 05:41:01 PM
 #1618

Now I understand why threads are self modded
bitc0000
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June 18, 2014, 05:42:29 PM
 #1619

It doesn't take that much btc to dump the price lol. Whales pump it to 240k and sell at 270k, then they dump it to 150k and they buy it again at 130k for teh lulz.
TheGift73
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June 18, 2014, 05:44:27 PM
 #1620

Now I understand why threads are self modded

+1 Yep. When the trolling stops being entertaining and starts getting ugly and affecting people, bans and deletions need to happen.
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