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holyprofit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 04:51:45 PM |
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Yeah but the questions why do you keep posting here? Thanks for your concern my man.
Because of the condescending way the devs/PR guys responded to my factual statements about one of their team members robbing hundreds in the litecoin community of millions of dollars on lies. They defended him and told me I was crazy, had no proof, etc etc. Then the XC community dropped in to tell me I deserved to lose the money because I was greedy. Since then I've taken a keen interest in XC. I've been warning of the BlockNET but told I'm simply a fudster, etc. My posts are deleted even when they are on topic. Even now Teka is deleting them but not posting here. "Even when they're on topic" - You mean you're posting off-topic to try to damage the coin because of your asic issues - which as I think you've been told a gazillion times before are irrelevant to XC. Anyway I should stop feeding you.
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rdnkjdi
Legendary
Offline
Activity: 1256
Merit: 1009
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 04:53:27 PM |
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"Even when they're on topic" - You mean you're posting off-topic to try to damage the coin because of your asic issues - which as I think you've been told a gazillion times before are irrelevant to XC. Anyway I should stop feeding you. My statement I believe was "In crypto reputation is everything. And if they're closely associated with the guy who pulled off this ASIC scam - buyer beware. Don't walk. Run." Then I changed the title to be more friendly per Teka's request. And yes - I've posted PLENTY of things that had nothing to do with ASICs that have been on topic for XC. That get deleted.
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JakeThePanda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 04:53:31 PM |
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Yeah but the questions why do you keep posting here? Thanks for your concern my man.
Because of the condescending way the devs/PR guys responded to my factual statements about one of their team members robbing hundreds in the litecoin community of millions of dollars on lies. I'm not looking to start any FUD, but personally, I would like to see them revise their statement to something that doesn't come across as defending him.
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Mountaingoat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 04:54:24 PM |
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One of either things is happening now and I think it is the not so good one.
Whales are driving the price down to make a huge pump. Or XC is dying.
I have 700+ XC and I am not leaving, but it just doesn't look so good for XC at the moment. It also doesn't look very good for other coins, but they are at least 100k+ still.
I will continue to support XC.
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mav137
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 04:56:49 PM |
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As a holder (and before we got FUD'ed again) we discussed the possibilities about using the premine. General consensus among the people online then (2 hours ago) was that we just wait until Dan explains whats what. Even if the premine was used until now, most of us dont care so much about him eating it (guy's has to eat right) but we would have liked to see more transparency.
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wooder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 04:56:58 PM |
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One of either things is happening now and I think it is the not so good one.
Whales are driving the price down to make a huge pump. Or XC is dying.
I have 700+ XC and I am not leaving, but it just doesn't look so good for XC at the moment. It also doesn't look very good for other coins, but they are at least 100k+ still.
I will continue to support XC.
In the beginning I thought this are whales but now it seems more like the XC team sold nearly all coins they had and a lot of bagholders are now hopping for the price to rise
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rdnkjdi
Legendary
Offline
Activity: 1256
Merit: 1009
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 04:57:34 PM |
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Oh well. I did my best to warn you all. I pre-ordered hardware, you pre-ordered development. Same club scammed us both.
To everyone who told me I deserved to be scammed I feel not one ounce of pity for you.
For the rest - I did my absolute best to get you to get out of this before it happened.
Now that the coin is dead (even if many of you fail to see it.) I will leave you all in peace. I am sorry for your loss.
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UnicornFarts
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:00:03 PM |
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Oh well. I did my best to warn you all. I pre-ordered hardware, you pre-ordered development. Same club scammed us both.
To everyone who told me I deserved to be scammed I feel not one ounce of pity for you.
For the rest - I did my absolute best to get you to get out of this before it happened.
Now that the coin is dead (even if many of you fail to see it.) I will leave you all in peace. I am sorry for your loss.
rofl saw your thread from way back with all the XC devs defending the guy who ripped you off. Also saw all the vicious posts for the XC crowd. Karma's gotta be sweet for you bub. Lol!
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wooder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:02:05 PM |
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As a holder (and before we got FUD'ed again) we discussed the possibilities about using the premine. General consensus among the people online then (2 hours ago) was that we just wait until Dan explains whats what. Even if the premine was used until now, most of us dont care so much about him eating it (guy's has to eat right) but we would have liked to see more transparency.
the transparency story is now over, even if they come up with stuff they bought with the coins who assures you that this numbers are right? afterwards (months,weeks later) one can come up with any story and you have to eat it. The problem for me is that they told the investers that the premine will be used in an transparent way but this didn't happen. Synechist even mentioned before that the blockchain on it's own is transparent enough. But here the XC team stated something different: https://www.reddit.com/r/XCofficialreddit/comments/26qqrq/xc_premine_wallet_made_public/
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Queeq
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:03:52 PM |
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Wrong, 500k is not the initial sum, but the whole turnover.
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UnicornFarts
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:04:16 PM |
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The problem for me is that they told the investers that the premine will be used transparent but this didn't happen.
reputation is everything. if they lied about "going to be transparent" then when they offer to "be transparent" whoever believes a word they say is a flaming fucktarded moron.
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Ryse
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 88
Merit: 10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:04:25 PM |
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Ok so the devs posted the premine address for transparency 5 months ago but people only recently decided to check it after the coin's value started crippling? Well, if that really is the case, there's nothing else I can say about this situation other than, if it was a dev premine dump, thats not going to bode well. Also, what about those who ordered Tor sticks? Those things aren't exactly cheap.
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We are all stardust.
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wooder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:06:14 PM |
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Wrong, 500k is not the initial sum, but the whole turnover. sorry i didn't check the whole inputs but it seems that there is nearly nothing left
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BootstrapCoinDev
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:07:15 PM |
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Wrong, 500k is not the initial sum, but the whole turnover. sorry i didn't check the whole inputs but it seems that there is nearly nothing left according to what is stated in the op premine should be near 125K
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braxx
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:07:59 PM |
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has anyone noticed that the redrawals of the premine is consistent? I have left out (what I think is ) staking Why so troubled? Hash Block Date/Time Amount Balance f3c89fca31... 166331 29/10/2014 10:31 -9,337.837939XC 6,072.225223XC a748119805... 166326 29/10/2014 10:23 -3,290.244664XC 15,410.063162XC a41597073c... 165629 28/10/2014 17:23 -59.953384XC 18,698.806699XC 219a09e481... 164826 27/10/2014 21:29 -159.719937XC 18,756.601176XC 88dfe37ccd... 143618 5/10/2014 17:14 -4,134.601126XC 18,876.756299XC a106fdec4c... 133921 25/09/2014 17:35 -510.474117XC 22,993.305227XC f651eb300e... 133904 25/09/2014 17:11 -113.477094XC 23,503.743764XC 9478d6e4ac... 132344 24/09/2014 4:12 -29.62177XC 23,614.310303XC 4a1e258feb... 132174 23/09/2014 23:58 -4,969.11101XC 23,643.64387XC 662848ff5d... 131365 23/09/2014 4:24 -43.565282XC 28,612.75488XC 61eed6a1d0... 130909 22/09/2014 17:23 -675.010029XC 28,656.016085XC 31b2c3ff4c... 130798 22/09/2014 14:31 -28.026984XC 29,330.442045XC a7bb63a07e... 130110 21/09/2014 21:20 -732.323243XC 29,356.01013XC c712100bb0... 130110 21/09/2014 21:20 -739.990025XC 30,832.837606XC f4647bc43c... 130110 21/09/2014 21:20 -744.504233XC 30,088.333373XC f121663478... 130109 21/09/2014 21:17 -750.010026XC 31,572.827631XC f660e14f10... 129980 21/09/2014 18:24 -28.02XC 32,322.757008XC 407810f9d6... 129270 21/09/2014 0:59 -28.665995XC 32,347.783983XC d183da74f0... 129253 21/09/2014 0:33 -4.71748XC 32,376.449978XC 265d7e5405... 128445 20/09/2014 4:35 -4.721211XC 32,379.389918XC b9c39390df... 128377 20/09/2014 2:55 -9.436786XC 32,384.058306XC effd8ba64d... 128373 20/09/2014 2:52 -29.005449XC 32,393.495092XC 638bc2352b... 128277 20/09/2014 0:31 -35.286239XC 32,422.500541XC cb7ff79a1b... 127467 19/09/2014 4:35 +1.335207XC 32,453.877851XC 3ec157e2e7... 127414 19/09/2014 3:20 -6.286878XC 32,452.542644XC 9c86865d6a... 127233 18/09/2014 22:58 -28.66149XC 32,458.822406XC 8caa1fe4e6... 127223 18/09/2014 22:32 -28.66XC 32,487.483896XC 89fdf1ac5f... 127122 18/09/2014 20:16 -9.445868XC 32,516.040348XC 1b63366fc4... 127030 18/09/2014 18:06 -740.00969XC 32,525.452187XC b791fd1d2d... 126847 18/09/2014 13:32 -28.983006XC 33,265.286894XC 24f4cef919... 126839 18/09/2014 13:25 -32.131201XC 33,294.200928XC a77cd5a226... 126630 18/09/2014 8:16 -6.29151XC 33,325.624576XC 065491e55b... 126628 18/09/2014 8:14 -4.717846XC 33,331.916086XC 57f91aee41... 126627 18/09/2014 8:13 -4.724156XC 33,336.633932XC 5f857817f5... 126484 18/09/2014 4:33 +2.037792XC 33,340.95019XC 6ec3946ec8... 126368 18/09/2014 1:41 -6.304955XC 33,338.912398XC bad270955a... 126350 18/09/2014 1:17 -32.302378XC 33,345.165442XC 2eb4e2f2c4... 126077 17/09/2014 18:27 -2,949.010052XC 33,377.13017XC 398e0bebd3... 125518 17/09/2014 4:37 +2.102546XC 36,324.615499XC adbaa964ad... 124945 16/09/2014 18:44 -1.583035XC 36,322.505837XC 719a337e99... 124782 16/09/2014 16:57 -1,001.00002XC 37,303.677722XC 35b09e5a79... 124782 16/09/2014 16:57 -979.87103XC 36,323.806692XC ab20df14e5... 124779 16/09/2014 16:56 -1,000.746156XC 38,304.677742XC 242f0aa8d5... 123985 16/09/2014 4:26 +2.000452XC 39,303.691043XC ce7fc65b38... 123888 16/09/2014 2:11 -1.58XC 39,301.594708XC 202dea210e... 123884 16/09/2014 2:05 -1.585032XC 39,303.078093XC 6ee2fb8904... 123875 16/09/2014 1:52 -29.14XC 39,304.663125XC 0501fab587... 123872 16/09/2014 1:48 -5.015545XC 39,333.803125XC 85fd50317e... 123846 16/09/2014 1:16 -1.57XC 39,338.81867XC 6e6904f229... 123834 16/09/2014 0:54 -3.150719XC 39,340.364767XC 3fc877c579... 123823 16/09/2014 0:40 -3.14XC 39,343.515486XC 8c72cacbe3... 122588 15/09/2014 4:16 +16.785584XC 39,345.986756XC 6b973ac9f3... 122586 15/09/2014 4:15 +2.14XC 39,329.201172XC d2df29319b... 121396 14/09/2014 4:20 +27.852889XC 39,326.22111XC 42b054bf8a... 121395 14/09/2014 4:18 +9.83855XC 39,298.368221XC eee795fb57... 120217 13/09/2014 4:26 +3.464366XC 39,287.818516XC 580c71aafe... 119763 12/09/2014 17:28 -28.351266XC 39,283.728153XC 8c1c4aa07b... 119700 12/09/2014 15:44 -28.35XC 39,312.02103XC 8bd4b429c9... 112660 7/09/2014 2:26 -29.57XC 39,317.230971XC cef749997a... 112648 7/09/2014 2:14 -55.954018XC 39,346.800971XC f81b72afa0... 112636 7/09/2014 2:00 -29.278698XC 39,402.754989XC 0ff360b72f... 112576 7/09/2014 0:27 -29.27XC 39,431.458404XC e8dc393f4b... 112543 6/09/2014 23:32 -55.96XC 39,460.728404XC 8e9d37eb94... 112502 6/09/2014 22:30 -29.918277XC 39,516.061939XC 38fa84b63b... 112489 6/09/2014 22:20 -29.9XC 39,545.723123XC d2028b13ac... 112487 6/09/2014 22:13 -1,000.010017XC 41,481.994659XC c0fd11bf5a... 112487 6/09/2014 22:13 -1,000.010021XC 40,481.984638XC e635142c23... 112487 6/09/2014 22:13 -906.361515XC 39,575.623123XC b1437960e9... 112479 6/09/2014 22:04 -112.009793XC 42,482.004676XC b5d0cf4586... 112471 6/09/2014 21:44 -20.538206XC 42,594.014469XC 20db3dd0e6... 112331 6/09/2014 18:25 -30.53XC 42,613.826951XC d3a877fc52... 112326 6/09/2014 18:16 -100.01577XC 42,644.356951XC 68bc286bd2... 112321 6/09/2014 18:09 -100.010094XC 42,744.372721XC 1330063efa... 112315 6/09/2014 17:57 -61.638747XC 42,844.382815XC d695e3d0ad... 112299 6/09/2014 17:34 -100.0XC 42,906.016089XC e90458020e... 109320 3/09/2014 15:20 -4,830.010087XC 42,988.233461XC aa0abd2c10... 107406 1/09/2014 15:34 -481.011439XC 47,801.828341XC 432d815248... 107404 1/09/2014 15:33 -99.019781XC 48,282.83978XC
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:08:08 PM |
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Hi all
I can now give some clarity on the status of XC's premine:
- The premine has been completely spent since mid September.
- Dan has been part-funding XC's development since day one (XChat and the multipool, among other things), and funding it entirely since Rev 2.
- Dan will continue to fund XC's development, and so nothing about the source of the funding or the pace of development will change.
- Specifically, XC's funding comes from Dan's corporation, which has pioneered IP over RF in marine environments.
- The premine was not dumped or traded for profit at any stage.
- The premine was used exclusively for paying for XC's project - that is, for Teka and I to work, for websites, PR expenses, the ATM deal, etc.
XC is, and will continue to be, Dan's baby. He has personally invested over 1000 hours of his time into it. Since it's been developed at his own expense for some time, you have good reason to believe that he won't just lose interest. His personal stake is significant, and this serves to increase his commitment.
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Co-Founder, the Blocknet
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KimmyF
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:08:12 PM |
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And what about XXVTS3279gzC5kagTCrEe4x5R7urnm6h2b
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wooder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:18:56 PM |
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Hi all
I can now give some clarity on the status of XC's premine:
- The premine has been completely spent since mid September.
- Dan has been part-funding XC's development since day one (XChat and the multipool, among other things), and funding it entirely since Rev 2.
- Dan will continue to fund XC's development, and so nothing about the source of the funding or the pace of development will change.
- Specifically, XC's funding comes from Dan's corporation, which has pioneered IP over RF in marine environments.
- The premine was not dumped or traded for profit at any stage.
- The premine was used exclusively for paying for XC's project - that is, for Teka and I to work, for websites, PR expenses, the ATM deal, etc.
XC is, and will continue to be, Dan's baby. He has personally invested over 1000 hours of his time into it. Since it's been developed at his own expense for some time, you have good reason to believe that he won't just lose interest. His personal stake is significant, and this serves to increase his commitment.
Thanks synechist, but it would have been nice to hear this from Dan himself. What incentive does Dan have to continue this project now? If Dan has no investment in XC, this project is now a loss for him. What incentive does he have to put money into a project that he will not get a return on his investment from (because he has no investment, other than his "reputation")? It's no wonder that he started doing a bunch of code reviews on scam coins ran by pump groups. And it's no wonder he has now "refocused" the direction of XC with blocknet. Good question. - The premine was not dumped or traded for profit at any stage.
This could have been confirmed when the wallet would have been managed in a transparent way.
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2014, 05:19:01 PM |
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Hi all
I can now give some clarity on the status of XC's premine:
- The premine has been completely spent since mid September.
- Dan has been part-funding XC's development since day one (XChat and the multipool, among other things), and funding it entirely since Rev 2.
- Dan will continue to fund XC's development, and so nothing about the source of the funding or the pace of development will change.
- Specifically, XC's funding comes from Dan's corporation, which has pioneered IP over RF in marine environments.
- The premine was not dumped or traded for profit at any stage.
- The premine was used exclusively for paying for XC's project - that is, for Teka and I to work, for websites, PR expenses, the ATM deal, etc.
XC is, and will continue to be, Dan's baby. He has personally invested over 1000 hours of his time into it. Since it's been developed at his own expense for some time, you have good reason to believe that he won't just lose interest. His personal stake is significant, and this serves to increase his commitment.
Thanks synechist, but it would have been nice to hear this from Dan himself. What incentive does Dan have to continue this project now? If Dan has no investment in XC, this project is now a loss for him. What incentive does he have to put money into a project that he will not get a return on his investment from (because he has no investment, other than his "reputation")? Dan's incentive is his conviction about the value of XC's tech. Add this to the resources he's sunk into XC, and you've got a keeper.
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Co-Founder, the Blocknet
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