[ANN] [SHLD] ShieldCoin - X15 - PoS - Fair Launch - Whitepaper RELEASE!

[shrekster]

haha

[solid12345]

Price and volume starting to jump on Bittrex.  Just added like 1 hour ago. Hash rates for mining also going through the roof.

Could be signs (specifically from the mining jump) that this will see some action over the next few days. Mining difficulty has tripled in last few hours, meaning much more difficult to be awarded coins.

Time will tell but I'm getting some.

Strato

Agreed... not sure whats in store for this one but I see signs that the developers have some skills. I was trying to buy under 5k but I just bought to 7k and I feel happy with that.

All of this is even funnier when we had the dev hyping his own coin forgetting to log in to another one of his sock accounts, like I said, pure laziness. Carsen you are lazy, you didn't even bother to log in to your ISIS account and hype it when it got added on Mintpal. No wonder you can't get that 6k a month job, guess it's back to AT&T helping old ladies with their jitterbugs 

[Articos]

Laughing my ass off at everyone panicking here at shield prices 

[shrekster]

Scratch that, I just dumped everything I have into this coin. All you wannabe "scam police" need to stop being winy bitches and find something else to do with your time. You dont even have anything invested in the coin. The real people who should be doing this are the ones who put money in. They usually do fine, until one of you crybabyfaggots has to come along and start something. Seriously FIND SOMETHING ELSE TO DO

[darkproton]

Scratch that, I just dumped everything I have into this coin. All you wannabe "scam police" need to stop being winy bitches and find something else to do with your time. You dont even have anything invested in the coin. The real people who should be doing this are the ones who put money in. They usually do fine, until one of you crybabyfaggots has to come along and start something. Seriously FIND SOMETHING ELSE TO DO

Nice! Buying down here as well.

[nonny12]

I thought you were done here? [As long as we are quoting previous pages.]

Anyway i'm done, i'll laugh in a week when this thread is locked or the dev goes missing like the dev on ISIS did when he deleted my posts there and locked the thread after that hilarious Mintpal fiasco.

[solid12345]

I thought you were done here? [As long as we are quoting previous pages.]

Anyway i'm done, i'll laugh in a week when this thread is locked or the dev goes missing like the dev on ISIS did when he deleted my posts there and locked the thread after that hilarious Mintpal fiasco.

Saw that and it was too good to pass up. Developer has no clue what he has in store for his own coin and "thinks" he has skills? This is all hilarious

[cryptoholic11]

Lets just wait until the dev gives his response to the accusations and a chance for him to be transparent about the dev team. If you think its a good investment, buy and stick around to support it. If you think its a scam, you said what you have to say, so just leave and go find a coin you would like to support and invest in. Why waste your time repeatedly crying foul, especially when you have nothing invested in it...when you should be spending your time supporting the coins you invested in, so you can make the investment prosper.

[mikerutch]

GUYS GUYS just Chill!! come over to a real coin with real devs, real anon and a great community. CLOAKCOIN

[zheratuul]

GUYS GUYS just Chill!! come over to a real coin with real devs, real anon and a great community. CLOAKCOIN

I've invested in XC, Cloak, VRC. Shieldcoin will be awesome I'm sure.

[shrekster]

When do you guys think the dev will be back on?

[rhkazani1]

Someone is purposely pulling the price down? Why the fuck?

[darkproton]

When do you guys think the dev will be back on?

well, I think 4 hours ago he said he was going to crash,so.....maybe 11 est?

[dijclarwin]

I have been following this coin and it is unfortunate that the dev plagiarized part of his white paper as mentioned in several previous posts. Now normally a white paper is supposed to convey the ideas of the dev and as such one normally assumes it is written by the dev, in his own words. When the white paper came out several comments on this forum talked about its originality which I assumed gave investors confidence to invest in this coin. Now we know that is not the case. Copy-pasting parts of a white paper show a lack of professionalism and lack of citation for text/diagrams copied from others is also problematic. This is much more different than using open source code which is intended for free use by all.

Now you may believe that these things were oversights that were missed in the rush of things to get out the whitepaper on time. Each investor must then ask themselves if such shoddy work in the whitepaper will carry over to the coding for this coin and if the 'original ideas' in the paper are truly understood by the dev since they are not of his own words. You may decide to take the risk, you may not. Each person has to make their own choice.

Also I want to make one more point about the crypto community in general. To the people blaming the initial tweeter as a fudder, all he did was present to you evidence of plagiarism. In fact the price of this coin only tanked when his tweet was picked up by CryptoCobain who I assume most of you follow on twitter. Are you all going to call him a fudder next? So the problem is not with the messenger who did his due diligence when looking at this coin but the Shield and the altcoin community in general who want to believe (or a pump) so badly in a coin project that they skip doing research before investing.

Nobody can argue that plagiarism occurred but the reaction to this as reflected by the price and the responses on this forum demonstrates that very few people are actually in this coin as an investment and most are just mad that the pump was disrupted by the truth. It seems you would rather the pump continue while you follow along blindly without all the facts.

The problem with this attitude is that it leaves you ripe for manipulation by whales who can alter the price and cause a panic which normally would be countered if one did proper research before investing. That leaves us all poorer.

[mctaino]

Another URO Supporter right above my comment, not going to quote u. Seems like a coordinated Fud attack by uro members that are butt hurt cause they were called out as scam, so now they have to fud here 

[solid12345]

Look, I am already being accused of "costing people money"

But ask yourself, how on earth does a 5-day plain generic coin with no features to speak of and only 33 page thread history pump to 800 btc volume in just 24 hours?

It is clearly a Fontas scam pump. The only ones who will be "losing" money is YOU when he DUMPS on you all.

Make me into the bad guy all you like but there was nothing of this coin that would make it worth so much except for intentional market manipulation. IF the coin is legit and the dev comes through with such features in weeks or months, maybe then it would be worth it, but at the moment you clearly are all being played like a fiddle. The people who are the most mad is the puppet masters whose game I fucked up.

[scambust]

Look, I am already being accused of "costing people money"

But ask yourself, how on earth does a 5-day plain generic coin with no features to speak of and only 33 page thread history pump to 800 btc volume in just 24 hours?

It is clearly a Fontas scam pump. The only ones who will be "losing" money is YOU when he DUMPS on you all.

Make me into the bad guy all you like but there was nothing of this coin that would make it worth so much except for intentional market manipulation. IF the coin is legit and the dev comes through with such features in weeks or months, maybe then it would be worth it, but at the moment you clearly are all being played like a fiddle. The people who are the most mad is the puppet masters whose game I fucked up.

Solid12345, I don't know how you can "spot" scam in other coins, but with URO you'll drop your pants without question.

Anyway, would have loved to bust another scam here, but copying whitepapers is a red flag. This coin, I'm not sure it's legit or a scam.

[mctaino]

Another One from Stealthcoin above me Wao, Listen this is getting ridiculous. Why dont you guys go over to your failing coins and fud over there

[shieldcoindevs]

LOL.

Ok. So this is what I found:

It seems that the following text is the exact same in both the Shieldcoin paper and the RetroShare paper:

"The tunnelling service does not ensure the data integrity, nor its confidentiality. It’s the service’s responsibility to do that. We made that choice for robustness reasons, since tunnels can die unpredictably (e.g. when a peer in the middle disconnects).

File transfer, for instance manages multiple tunnels per hash, and asks chunks again if they cannot be obtained or got corrupted after the previous request."

This text appears just under the tunneling diagram that the Shieldcoin dev used in the section of his paper where he describes tunneling. The diagram also appears on the RetroShare document:

https://retroshareteam.wordpress.com/page/3/

As far as I can see, the rest of the Shieldcoin paper was very well paraphrased when others' ideas were used and it's obvious that the dev has put his own twist on these ideas.

In my opinion, it seems that perhaps the dev when constructing his paper thought that the tunneling diagram from RetroShare did a great job explaining tunneling, decided to use the diagram, and made the mistake of using the same paragraph of text associated with the diagram which explains what is going on in the diagram. Should he have paraphrased that paragraph? Probably.

Does that mean that Shieldcoin is a scam? NO. NO. NO.

Let's just cool it and hear what the dev has to say later when he awakes from his nap.

Yep thats what i found out about the devs my self.

Dev here


Sorry if this caused trouble for people's investments. I was on very little sleep and trying to finish a paper ASAP - a lot of the code and ideas is based on retroshare code, and I acted less than vigilantly and copied a bit more than I should have - I took the tunneling diagram and its caption because it was the same.

I just want to point out that days ago I did say I had been reaching out to another project, which was retroshare. I've based a lot of my work on their work, which I said also. Both are quoted by other members and not edited posts.

https://bitcointalk.org/index.php?topic=681570.msg7774525#msg7774525   (way back from pg 10)

I've been speaking with members of another unrelated open source project and researching a different way to add anonymity and anti-spying technology to SHIELDcoin, using a web-of-trust to authenticate peers and OpenSSL to encrypt all traffic.

and

https://bitcointalk.org/index.php?topic=681570.msg7806581#msg7806581

I'll be releasing most of this as open source once the project is very complete. Some parts are taken from existing projects, some are new - but I would like to release it all in the future (not just the open parts) if the community agrees.

The project is underway, regardless of FUD or not. Sorry about the diagrams, and thank you for researching your coins properly.

[ChooseUse]

How many confirmations before shieldcoins are "mature"?