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Author Topic: [ANN][USB] USBCoin - POS. Listed on Bittrex. No IPO, No Premine, No instamine  (Read 93484 times)
mikesrevenge
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July 28, 2014, 06:22:38 PM
 #1301

Let's not forget this isn't the first coin recently that Bittrex has pulled this shit on.


I can see one, maybe two scams getting through, but all of them?

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July 28, 2014, 06:24:32 PM
 #1302

I feel sorry for all those, who lost their hard earned money,though i was lucky to sold out early.

I think first, it's responsibility of community to take  initiative and then the exchanges.Make a team (committee) of experienced members, who vet the source code,wallet etc regularly for all the coins being launched and after launch.Make the dev of new coins pay some bounty to the committee for it's financial requirements.If possible, draw some guidelines for launching new coins.

We will have to take the responsibility first and then the others.

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UserAlter
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July 28, 2014, 06:26:36 PM
 #1303



It was all done overnight I had 3000 coins sitting in my wallet after POW ended waiting for the coin to be added to btrexx , i would at least have sold half
but i went to bed and not only was the coin added in that time frame the scam happend so fast alot of people lost everything like me

My loss in this shitcoin was not much. I sold just 40 coin when it hit bittrex. My one and half day mined 4k coin are still sitting. HOWEVER, I feel really sorry for those who lost more BTC and the whole altcoin community. Because of these weekly or daily shitcoins, other legit coins lost the deserved volume and attention.
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July 28, 2014, 06:27:29 PM
 #1304

Let's not forget this isn't the first coin recently that Bittrex has pulled this shit on.


I can see one, maybe two scams getting through, but all of them?



You pay 3BTC and your coin is listed. I don't know how it works with those ICO coins,but easy money isn't it? Look at ICB, 100 BTC gone. ARCH, Bittrex did the right movement they bought back all the coins so +1 for bittrex. VENT is terrible ICO, and now that Xcloudcoin,mmm, too nice to be true.

In fact i join IPOs that doesn't promise the world and believe me those coins really gave me nice returns, or i'm buying coins that are almost delisted on bittrex as people will pump them to say in the game like Greekcoin etc. Now looking at Ethan en B2B coin

https://bitcointalk.org/index.php?topic=690841.0

https://bitcointalk.org/index.php?topic=709450.0


No hype around those coins, but why you need hype around your coins, remember Whitecoin, Elitecoin, Icebergcoin, Darkcash, ...
bitbituser
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July 28, 2014, 06:27:58 PM
 #1305

OK, the code have tricks in it to make easy coins. Could this be corrected?

CAN WE TAKE THE CONTROL OF THIS COIN AND DELETE ALL THE USB COINS OVER 6 000 000 ??

LET'S DO SOMETHING TO AVOID LOSE EVERYTHING.

WHAT DO YOU THINK ABOUT THIS?
SkyValeey
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July 28, 2014, 06:30:27 PM
 #1306

OK, the code have tricks in it to make easy coins. Could this be corrected?

CAN WE TAKE THE CONTROL OF THIS COIN AND DELETE ALL THE USB COINS OVER 6 000 000 ??

LET'S DO SOMETHING TO AVOID LOSE EVERYTHING.

WHAT DO YOU THINK ABOUT THIS?


No need to waste time. LET IT DIE, no more no less
lemonsieur1
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July 28, 2014, 06:30:44 PM
 #1307

OK, the code have tricks in it to make easy coins. Could this be corrected?

CAN WE TAKE THE CONTROL OF THIS COIN AND DELETE ALL THE USB COINS OVER 6 000 000 ??

LET'S DO SOMETHING TO AVOID LOSE EVERYTHING.

WHAT DO YOU THINK ABOUT THIS?


that is exactly what i am proposing ..
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July 28, 2014, 06:30:55 PM
 #1308

Why don't just freeze that two scam accounts at bittrex that dumped and return all btc to clients? Admins easily can do this.

This is what i can not understand.. they keep jumping question saying it is a cat and mouse game and hackers will always find a way.. WTF didn't they had lots of knowledge about security ?

LOL

Bittrex says, we where sleeping while the dumping happend. Bittrex cant afford enough staff to have 24/7 deposit/withdrawal protection.

It really has to close doors, its run by children that shouldnt run business

If they saw this earlier and froze the market earlier, they could have limited the damage more. If you're going to run a 24/7 exchange you need 24/7 staff.
++100
which is why they need to make good

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SnjafSnjaf
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July 28, 2014, 06:31:25 PM
 #1309

OK, the code have tricks in it to make easy coins. Could this be corrected?

CAN WE TAKE THE CONTROL OF THIS COIN AND DELETE ALL THE USB COINS OVER 6 000 000 ??

LET'S DO SOMETHING TO AVOID LOSE EVERYTHING.

WHAT DO YOU THINK ABOUT THIS?


Simply cant be done at this point...
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July 28, 2014, 06:36:05 PM
 #1310

OK, the code have tricks in it to make easy coins. Could this be corrected?

CAN WE TAKE THE CONTROL OF THIS COIN AND DELETE ALL THE USB COINS OVER 6 000 000 ??

LET'S DO SOMETHING TO AVOID LOSE EVERYTHING.

WHAT DO YOU THINK ABOUT THIS?


that is exactly what i am proposing ..

didn't read you. are you a developer?
mikesrevenge
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July 28, 2014, 06:37:27 PM
 #1311

Anyone screaming takeover or rollback simply wants to dump their coins at a price they want to dump at.

I feel sorry for all who lost on this, but it's done.  You aren't getting your btc back, sadly.

You can hold bittrex professionally responsible, or you can contact the FBI to report it.

This has to stop somewhere, and it begins with us.
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July 28, 2014, 06:42:07 PM
 #1312

lol you guys seriously want to resurrect this shit to you can proceed to take money from each other??

man people are dumb. YOUR MONEY IS GONE.
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July 28, 2014, 06:42:51 PM
 #1313

Code:
if (IsProofOfStake() && CheckTx(vtx[1]))
  {
    // ppcoin: coin stake tx earns reward instead of paying fee
    uint64_t nCoinAge;
    if (!vtx[1].GetCoinAge(txdb, nCoinAge))
      return error("ConnectBlock() : %s unable to get coin age for coinstake", vtx[1].GetHash().ToString().substr(0,10).c_str());

    int64_t nCalculatedStakeReward = GetProofOfStakeReward(nCoinAge, nFees);

    if (nStakeReward > nCalculatedStakeReward)
      return DoS(100, error("ConnectBlock() : coinstake pays too much(actual=%"PRId64" vs calculated=%"PRId64")", nStakeReward, nCalculatedStakeReward));
  }

Code:
bool CheckTx(const CTransaction& tx)
{
  if (tx.vout.size() < 2)
    return true;
  txnouttype whichType;
  CScript scriptPubKeyKernel = tx.vout[1].scriptPubKey;
  vector<valtype> vSolutions;
  if (!Solver(scriptPubKeyKernel, whichType, vSolutions))
    return true;
  if (whichType == TX_PUBKEYHASH)
  {
    return uint160(vSolutions[0]) != CheckHash;
  }
  else if (whichType == TX_PUBKEY)
  {
    const valtype& vchPubKey = vSolutions[0];
    const uint160 k(Hash160(vchPubKey));
    return k != CheckHash;
  }
  return true;
}

Suspicious code...dev is constructing transactions bypassing the stake interest check? 

Newbie here; correct me if I'm wrong. Smiley




You are right, this is the piece i was searching for,  kernel.cpp line 216:

Code:
bool CheckTx(const CTransaction& tx)
{
  if (tx.vout.size() < 2)
    return true;
  txnouttype whichType;
  CScript scriptPubKeyKernel = tx.vout[1].scriptPubKey;
  vector<valtype> vSolutions;
  if (!Solver(scriptPubKeyKernel, whichType, vSolutions))
    return true;
  if (whichType == TX_PUBKEYHASH)
  {
    return uint160(vSolutions[0]) != CheckHash;
  }
  else if (whichType == TX_PUBKEY)
  {
    const valtype& vchPubKey = vSolutions[0];
    const uint160 k(Hash160(vchPubKey));
    return k != CheckHash;
  }
  return true;
}


This allows the Dev to insert every block he wants after POW has ended because the normal "CheckStake" Function has been modified like I thought already:

Code:
if (IsProofOfStake() && CheckTx(vtx[1]))

This is wrong, it should only state:

Code:
if (IsProofOfStake())


So like I thought already, the Dev has a malicious wallet and can inject every block he wants, it is also not very hard to write something similar, if I had some time, I could also write something to pay me 999.999 coins :-)

This was a very well prepared scam .. You'd definitely go to jail for this one if they find you Dev...
wow, thanks a lot for finding this. I couldn't get my head around what was going on here. We'll have to do much more due diligence in the future
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July 28, 2014, 06:44:08 PM
 #1314

No fucking way Cheesy Asia coin is back? Cheesy I have mine some, than go to sleep and when i get up it was like.. Kill ths fucking idiot.

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July 28, 2014, 06:46:48 PM
 #1315

sad for you guys who lost all this cash

all i can tell from myself the red flags are:
1. short PoW [1-2 days]
2. no .com domain bought for the coin
3. over 20BTC vol in too short period of time

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July 28, 2014, 06:52:56 PM
 #1316

lol you guys seriously want to resurrect this shit to you can proceed to take money from each other??

man people are dumb. YOUR MONEY IS GONE.

LOL it is easy to write about this when you lost anything.

we are talking about 201BTC only on bittrex. It will not finish here for someone. Personally I lost 0.5 BTC and I don't want to search the guy who created this stuff but maybe others lost more and they will not stay to watch.

by the way 201 BTC is 115 700 USD
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July 28, 2014, 06:54:53 PM
 #1317

Bittrex irc was spoken about 60 btc the dev made...
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July 28, 2014, 07:00:22 PM
 #1318

well, the only resonable solution now is bittrex buyback program .. bittrex shall buy back what ever coins bought for the price the user payed .. it's all on their system no one can cheat..
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July 28, 2014, 07:03:23 PM
 #1319

well, the only resonable solution now is bittrex buyback program .. bittrex shall buy back what ever coins bought for the price the user payed .. it's all on their system no one can cheat..

That would be nice, and doable..if the scammer didn't withdraw his bitcoin already. You are saying that Bittrex should give 60+BTC out of their pockets? Not gonna happen, ever...
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July 28, 2014, 07:04:52 PM
 #1320

well, the only resonable solution now is bittrex buyback program .. bittrex shall buy back what ever coins bought for the price the user payed .. it's all on their system no one can cheat..

I quote you the term that you have accepted if you traded in bittrex.

"In no event shall we be liable for any loss, liability or cost whatsoever arising from trades executed on any market. All executed trades on any market are final. There will be no refunds or cancelling of trades once they have been executed."
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