bumface - The Sad, Miserable Attempt at Scam Artistry

[Beave162]

Anything negative said about him is deleted from the self-moderated UTC forums. Please focus on the actions of bumface, which would have landed him in JAIL by now in a gov't regulated market. The people who have bought UTC have already suffered because of his actions, so leave coin bashing out of it please as much as possible.

1) He bought ASICs with IPO money??? Really?
2) text book manipulation and pump-and-dump - idiotically claimed that decreasing the block reward by a factor of 3 would increase the price per coin by a factor of 3. He tried to ORDER people to remove sell orders until it reached that point.
3) lies upon LIES - The title of UTC mentions ultra-fast 6 seconds! UltraCoin has a block confirmation time of 30 seconds (not even the fastest). He copied the YACoin feature of a stake minting checkbox, but he tried to say ULTRACOIN originated the idea.

More will be added. Make no mistake... investors in UTC were SCAMMED! You can post DELETED posts from the UTC thread here as well.

[1713866528]

1713866528

[nanoprobe]

Anything negative said about him is deleted from the self-moderated UTC forums. Please focus on the actions of bumface, which would have landed him in JAIL by now in a gov't regulated market. The people who have bought UTC have already suffered because of his actions, so leave coin bashing out of it please as much as possible.

1) He bought ASICs with IPO money??? Really?
2) text book manipulation and pump-and-dump - idiotically claimed that decreasing the block reward by a factor of 3 would increase the price per coin by a factor of 3. He tried to ORDER people to remove sell orders until it reached that point.
3) lies upon LIES - The title of UTC mentions ultra-fast 6 seconds! UltraCoin has a block confirmation time of 30 seconds (not even the fastest). He copied the YACoin feature of a stake minting checkbox, but he tried to say ULTRACOIN came up with this 'innovative' idea.

More will be added. Make no mistake... investors in UTC were SCAMMED! You can post DELETED posts from the UTC thread here as well.

ONCE A TROLL ALWAYS A TROLL

[rapture333]

Omg we are being OPPRESSED by Bumface! We need government regulation and to stop these scammers! How dare he stifle my freedumb of speech!

[rapture333]

WE MUST RALLY THE TROLLS TO MAKE A POINT! Our voices must be heard! The peoples republic of Bitcointalk forums demands that we imprison Bumface for his crimes against butthurt trolls! For the greater good of the greater number!!

[ivanlabrie]

Actually, I think he's right...look at UTC's price!
The asic part is a clear scam, imho.

[Beave162]

To be clear, I did not invest anything in UTC, so rapture, son, your defense of bumface is amusing. Also, he WOULD be in prison for the pump-and-dump scheme if he did that on say the stock market in the US. I am not saying government SHOULD put him in prison. Here is a freemarket option to save people from his scam attempts. I know that such a conversation is beyond your level of intelligent thought, so I am speaking more towards anyone else reading this thread. I hate to sound like I'm blaming the victim, but.... enjoy losing more and more of your money.

Ivan, it is fascinating logic, right? We can do it now for any coin.. I'll have a bunch of people give me btc for me to buy SCRYPT asics to prop up the YACoin price and create bounties? Oh my electric bill is $0.4 per kilowatt*hour, and I swear I'll only take enough to pay my electric mining a DIFFERENT coin. Everyone wins!

[primouno]

I don't defend bumface, and I think he's not doing too much these days for the coin but you are really obsessed with him. Who would start a thread to discredit another forum user or a coin founder? Why buying ASICs is such a bad idea? Would it be better to buy GPUs and mine his own coin and then dump it to pay electricity bills? Would that help UTC? I don't think so. If ASICs are scrypt coin killers so why not to kill some?

BTW Yacoin is doing great, new peak every day, please give bumface some advice how to achieve that, you can help each other.

[Beave162]

I don't defend bumface, and I think he's not doing too much these days for the coin but you are really obsessed with him. Who would start a thread to discredit another forum user or a coin founder? Why buying ASICs is such a bad idea? Would it be better to buy GPUs and mine his own coin and then dump it to pay electricity bills? Would that help UTC?

Yes it would. Yes it would. Yes it would.

More mining is a good thing. Get on YACoin and mine and dump it all you want. I beg of you. Mining and HOLDING is good for the short-term price (the idea is that people sell at SOME point, right?), but not necessarily for the volume. For me, YACoin has a volume issue right now, not a price issue. I'm amazed how people think making money from mining and selling is terrible yet trying to make money from speculating is perfectly fine. Mining takes valuable resources.

What happened to bitcoin when sha asics came out? The problem with asics is the corruption of the asic companies. If those companies were reputable and didn't break all kinds of promises, then asics are fine. What is the difference between buying an asic or buying a gpu farm? They both cost money. Some complaints against asics are simply based on people wanting their current hardware to continue to reap benefits from a particular coin.

Perhaps I should post private messages between me and that idiot. Most of the people he has scammed are not bright (nanoprobe and rapture are prime examples), but he has affected some good people too. I don't think this thread constitutes obsession considering his actions, but I had thought some people would find it useful. I'm surprised this thread hadn't already been created as the UTC thread is (very) self-moderated. I would never work with him. His incompetence and lack of understanding of so many things, to include basic human interaction, is unmatched.

[bumface]

Anything negative said about him is deleted from the self-moderated UTC forums. Please focus on the actions of bumface, which would have landed him in JAIL by now in a gov't regulated market. The people who have bought UTC have already suffered because of his actions, so leave coin bashing out of it please as much as possible.

1) He bought ASICs with IPO money??? Really?
2) text book manipulation and pump-and-dump - idiotically claimed that decreasing the block reward by a factor of 3 would increase the price per coin by a factor of 3. He tried to ORDER people to remove sell orders until it reached that point.
3) lies upon LIES - The title of UTC mentions ultra-fast 6 seconds! UltraCoin has a block confirmation time of 30 seconds (not even the fastest). He copied the YACoin feature of a stake minting checkbox, but he tried to say ULTRACOIN originated the idea.

More will be added. Make no mistake... investors in UTC were SCAMMED! You can post DELETED posts from the UTC thread here as well.

the self moderated thing AGAIN: put on a new tune dude, we have stated at the top of the post that its self moderated,if you dont like it, dont go there, all places have rules, you dont go in a restorant and bring your own food,and then whine about it, respect the rules

1) He bought ASICs with IPO money??? Really?

yes really, why cant you be happy that i am re investing that money into the coin, i was well within my right to spend it on a new pc or a holiday to hawaii, since utc was an entrepeneurial endevour. out of all the people involved with starting the coin, i am the only person still involved and i am the only person who is spending his gain on the coin.Power is 29 cent here, and why would i want 10% in mh/s that i would have gotten in GPU`s that i now have in asics???

2) text book manipulation and pump-and-dump - idiotically claimed that decreasing the block reward by a factor of 3 would increase the price per coin by a factor of 3. He tried to ORDER people to remove sell orders until it reached that point.

i never pumpt in my life buddy,i ORDERD nobody to do anything , i simply asked people to stop  selling at a retardedly low price, which is a request that falls under common sense.If you dont know the difference between a request and a demand perhaps you should go back to the kiddie table and leave the grownups alone.

3) lies upon LIES - The title of UTC mentions ultra-fast 6 seconds! UltraCoin has a block confirmation time of 30 seconds (not even the fastest). He copied the YACoin feature of a stake minting checkbox, but he tried to say ULTRACOIN originated the idea.

we never said we invented that you oompaloompa, i even had one of their original devs.


so il add my own for now

4: your gonna make a boohoo i hate utc thread, really?

dont you know how sad this makes you look?

5: dont you have a better way to spend your time? get out of your troll dungeon and go on a date, buy a guitar and learn to play a song. go out there and smell the roses.

[SxC]

Well ain't this just SAD

I currently don't own any UTC but i will say this Bumface is still around and supporting UTC even at it's low
You don't get many Scam artists stick around when the job is done

I think him re-investing the IPO money he made is a good thing for the future of UTC and will bring great rewards

I have done my fair share of trolling in the past in the UTC thread which i regret and i have the up most respect for Bumface and what he will do for UTC

[bumface]

Well ain't this just SAD

I currently don't own any UTC but i will say this Bumface is still around and supporting UTC even at it's low
You don't get many Scam artists stick around when the job is done

I think him re-investing the IPO money he made is a good thing for the future of UTC and will bring great rewards

I have done my fair share of trolling in the past in the UTC thread which i regret and i have the up most respect for Bumface and what he will do for UTC

thank you, and you were right, do you think i would go to stockhold and show my face if i wasnt behind this coin, i would have just stayd anonimous

[Xelpherpolis]

*facepalms* Just....oh dear.

[ivanlabrie]

We all know Karpeles, kncminer's and the BFL guy's faces too...

[Shallow]

Who gives their money to a guy with the handle bumface…

[bumface]

Who gives their money to a guy with the handle bumface…

people who made 21x their investment 

[Beave162]

the self moderated thing AGAIN: put on a new tune dude, we have stated at the top of the post that its self moderated,if you dont like it, dont go there, all places have rules, you dont go in a restorant and bring your own food,and then whine about it, respect the rules

Great analogy. Spoken like a true child-dictator. And what are your comments about the other threads not self-moderated?

[Beave162]

1) He bought ASICs with IPO money??? Really?

yes really, why cant you be happy that i am re investing that money into the coin, i was well within my right to spend it on a new pc or a holiday to hawaii, since utc was an entrepeneurial endevour. out of all the people involved with starting the coin, i am the only person still involved and i am the only person who is spending his gain on the coin.Power is 29 cent here, and why would i want 10% in mh/s that i would have gotten in GPU`s that i now have in asics???

Oh yea? Did you tell people in the beginning before they invested that you are entitled to spend the IPO all on yourself?

[Beave162]

2) text book manipulation and pump-and-dump - idiotically claimed that decreasing the block reward by a factor of 3 would increase the price per coin by a factor of 3. He tried to ORDER people to remove sell orders until it reached that point.

i never pumpt in my life buddy,i ORDERD nobody to do anything , i simply asked people to stop  selling at a retardedly low price, which is a request that falls under common sense.If you dont know the difference between a request and a demand perhaps you should go back to the kiddie table and leave the grownups alone.

What was I thinking?

remove all sells, replace at 0.003!

[Beave162]

3) lies upon LIES - The title of UTC mentions ultra-fast 6 seconds! UltraCoin has a block confirmation time of 30 seconds (not even the fastest). He copied the YACoin feature of a stake minting checkbox, but he tried to say ULTRACOIN originated the idea.

we never said we invented that you oompaloompa, i even had one of their original devs.

Way to ignore the first part. You 'had one of their orginal devs'. No you didn't. Wow, see the power and control complex of this delusional lowlife? I think I know what dev you are talking about, and no you didn't.

[ivanlabrie]

Funny thing is he's not trolling but discussing some serious points, without resorting to personal attacks.
How is that trolling?