ViaCoin. Yet another scam?

[Revelation]

As some of you know, ViaCoin is supposed to be new alt star by supposedly building applications on top of counterparty protocol.
Let's see what they have done so far:

Their wallet update that includes a week of work is this:

https://github.com/viacoin/viacoin/commit/8a0ea92e7ce48c38d0e4f20b6c882ad93f98335b

Mere 5 lines of code added, 3 deleted, no real changes, only 1 number is changing. It is not even clear why is this "update" necessary. Probably, just to keep the hype. When I wrote about this in the ViaCoin thread my post was deleted within 30 min. I don't like the fact that I have to start a new topic, but the dev leaves no choice.
I will keep track of this shitty coin development and will keep updating this thread regarding their "amazing" work done. Btw, if some of you forgot ViaCoin dev collected 600BTC in his IPO.

[1715151950]

1715151950

[darkip]

Checkpoint update... FUD fail.

[Revelation]

Checkpoint update... FUD fail.

It was supposed to be a big update. All of their updates are only checkpoint updates. Where is the real deal?

The whole point is that there is no development at all and the dev is deleting posts in the official thread. That doesn't seem good to me.

[AtlasONo]

Who told you it was supposed to be a big update?

Also the community voted on whether or not to have that thread moderated. Moderated won hands down.

[Revelation]

Who told you it was supposed to be a big update?

Also the community voted on whether or not to have that thread moderated. Moderated won hands down.

The guy didn't deliver at all. Zero development. Why do you support this obvious shit coin? All shitcoins end with the same death and people get burned because they blindly support that shit.
Push the dev to deliver something. Until he delivers it is shit.

[mig5000]

rzr is worse. Same crew ish. Twitter pnd.

[AtlasONo]

Who told you it was supposed to be a big update?

Also the community voted on whether or not to have that thread moderated. Moderated won hands down.

The guy didn't deliver at all. Zero development. Why do you support this obvious shit coin? All shitcoins end with the same death and people get burned because they blindly support that shit.
Push the dev to deliver something. Until he delivers it is shit.

Don't dodge the question

[Efelts01]

Yet another pnd shit coin by the "professional" traders on twitter.

[smokim87]

Yet another pnd shit coin by the "professional" traders on twitter.

Must of lost alot in crypto? Don't go on bashing every coin, its not Our fault you invested into shit coins, should rename this thread to Bagholders Anonymous 

[rayday11]

If you bought into the ICO and sold right now, you would quadruple your investment. Doesn't look like a bad deal to me.

[Vlizzjeffrey]

wouldn't touch this via coin with a stick, smells like antother scam if you look at the thread.

[minerpools]

Wow, a whole new thread to FUD one of the few good coins out there...

Viacoin is a real long term project, it's not one of those regular pump and dumps like so many out there, Viacoin is a real coin with a real vision with a real group of developers, it's not one coingen clone or something like that.
As a pool OP I have to look at the code of each coin I host for several reasons, and Viacoin's code is beautiful, it's unique, it's really well designed, it's even using -cli calls instead of the regular daemon calls.
The update was focused on adding checkpoints which is totally necessary, maybe it's not one of those "I'm gonna cure cancer with the update" kind of thing, but it's part of the ongoing project, so, this thread makes no sense whatsoever and looks to be just a FUD thread to try and lower Viacoin's price. Good luck with that.

[coinsolidation]

In the interests of transparency and to prevent the FUD which is occurring.

Here is a Viacoin code review which I was asked to do a few weeks ago. It states explicitly and provably the currenct technical status of the Viacoin project.

[Bitcycle]

Checkpoint update... FUD fail.

It was supposed to be a big update. All of their updates are only checkpoint updates. Where is the real deal?

The whole point is that there is no development at all and the dev is deleting posts in the official thread. That doesn't seem good to me.

Deleting critical posts is always a mistake.  I've not once seen it improve the situation. People just do this, create their own thread, which draws far more attention.

On the other hand, nothing about Via smells scammy to me.  I wouldn't invest in it because it has no real plan, and I'm not convinced the dev does either.  An IPO without a clear roadmap was a mistake.

Still, "scam" seems a little strong at this point.

[Revelation]

Checkpoint update... FUD fail.

It was supposed to be a big update. All of their updates are only checkpoint updates. Where is the real deal?

The whole point is that there is no development at all and the dev is deleting posts in the official thread. That doesn't seem good to me.

Deleting critical posts is always a mistake.  I've not once seen it improve the situation. People just do this, create their own thread, which draws far more attention.

On the other hand, nothing about Via smells scammy to me.  I wouldn't invest in it because it has no real plan, and I'm not convinced the dev does either.  An IPO without a clear roadmap was a mistake.

Still, "scam" seems a little strong at this point.

Collecting 600 BTC and doing nothing, only empty promises - seems like a scam to me.

[Vlizzjeffrey]

indeed, 610 btc, guess whos laughing now

[hualehua]

 Why do you always support thus obvious shit coin?

[Revelation]

indeed, 610 btc, guess whos laughing now

That dev dude, with his 610 BTC IPO, cannot even code. He was able to mess up the network with a code that is just a clone of bitcoin atm. If a guy can't handle just the clone how on earth will he be able to deliver any innovation in the code? This is a joke and this madness has to stop
The guy is a trader, not a coder

[coinsolidation]

In a twist of events I have been informed that Viacoin hard forked recently, as a result xhash.net has moved all Viacoin miners on to the Bitmark network.

I would like to take the opportunity to welcome those who have switched, and let you know that the community and I are available to support anybody affected in any way we can.

May I also reassure you that Bitmark is secure, tested, stable, and that our Project is ethically sound with a fair distribution of currency, no ipo, no instamine, no premine, or anything unfair. All value has been earned, and will continue to be.

All of our mining pools have just had a request to update their code to the latest checkpoints, if they have not already.

[Revelation]

Wow, a whole new thread to FUD one of the few good coins out there...

Viacoin is a real long term project, it's not one of those regular pump and dumps like so many out there, Viacoin is a real coin with a real vision with a real group of developers, it's not one coingen clone or something like that.
As a pool OP I have to look at the code of each coin I host for several reasons, and Viacoin's code is beautiful, it's unique, it's really well designed, it's even using -cli calls instead of the regular daemon calls.
The update was focused on adding checkpoints which is totally necessary, maybe it's not one of those "I'm gonna cure cancer with the update" kind of thing, but it's part of the ongoing project, so, this thread makes no sense whatsoever and looks to be just a FUD thread to try and lower Viacoin's price. Good luck with that.

You are a pool op and by now you should be literate enough to read the source code. The source is just a damn clone of bitcoin, untested version. Look at all the commits. The guy managed to fuck up the network with this clone. Good luck in hoping he can deliver anything

[srwt]

<...>ViaCoin dev collected 600BTC in his IPO.

Damn, he's good!
600 BTC from the thin air.

[cassius69]

610 btc just seems like too much for a new coin.

know what i mean?

[Revelation]

https://bitcointalk.org/index.php?topic=710099.0

More reputable person than myself commenting on viacoin source code.
The code is a joke.

[arczi19]

https://bitcointalk.org/index.php?topic=710099.0

More reputable person than myself commenting on viacoin source code.
The code is a joke.

Wasnt it obvious from the very beginning that btcdrak isnt a developer and he will be hiring developers to work on the coin?

[Revelation]

610 btc just seems like too much for a new coin.

know what i mean?

That whole coin is a joke. For some reason the market is valuing this shit at 1.5mln.
 610 btc is more than all scams combined in the last 2 months

[Revelation]

https://bitcointalk.org/index.php?topic=710099.0

More reputable person than myself commenting on viacoin source code.
The code is a joke.

Wasnt it obvious from the very beginning that btcdrak isnt a developer and he will be hiring developers to work on the coin?

Nope, browse through the thread. Someone was claiming to know btcdrak personally and that he is an awesome coder. The new dev story appeared recently, initially he wanted to hire someone to do applications on top of the protocol, not as a core developer.
The new dev that was hired is yet another joke with his identity revealed and no one was able to find him ))) Now we have 2 incompetent devs who were able to fork bitcoin clone. wow!!

[cassius69]

https://bitcointalk.org/index.php?topic=710099.0

More reputable person than myself commenting on viacoin source code.
The code is a joke.

Wasnt it obvious from the very beginning that btcdrak isnt a developer and he will be hiring developers to work on the coin?

Nope, browse through the thread. Someone was claiming to know btcdrak personally and that he is an awesome coder. The new dev story appeared recently, initially he wanted to hire someone to do applications on top of the protocol, not as a core developer.
The new dev that was hired is yet another joke with his identity revealed and none was able to find him ))) Now we have 2 incompetent devs who were able to fork bitcoin clone. wow!!

that is a huge sum of money to pay with no real dev at the helm.

these icos are not worth it! just another scam on bittrex imo

[Revelation]

https://bitcointalk.org/index.php?topic=710099.0

More reputable person than myself commenting on viacoin source code.
The code is a joke.

Wasnt it obvious from the very beginning that btcdrak isnt a developer and he will be hiring developers to work on the coin?

Nope, browse through the thread. Someone was claiming to know btcdrak personally and that he is an awesome coder. The new dev story appeared recently, initially he wanted to hire someone to do applications on top of the protocol, not as a core developer.
The new dev that was hired is yet another joke with his identity revealed and none was able to find him ))) Now we have 2 incompetent devs who were able to fork bitcoin clone. wow!!

Moreover, btcdrak was promising features in a coin he cannot develop. How on earth would he know whether these features are realistic and let alone find someone who can implement them. 
I think I should chnage the title of this topic to just SCAM

[coolmyrig]

huge sum of money to pay with no real dev!     so sorry for this!

[tazmania]

It may or may not be a scam. If dev gives up and project stops and price tanks then scam.

For now we have the btc being used to hire people and work on coding. This will take months most likely. They are trying to do what Syscoin has done and will be launching next month. I know Syscoin has been working on this blockchain 2.0 for months.

What I think is by the time VIA gets something out that Syscoin will be off and running and developing more features. I'm sure some other coins will have something too by then. Not worth buying VIA when it is 4x higher than IPO with nothing to show for it (unless you want to bet on it going higher and make some $$$)

[Revelation]

It may or may not be a scam. If dev gives up and project stops and price tanks then scam.

For now we have the btc being used to hire people and work on coding. This will take months most likely. They are trying to do what Syscoin has done and will be launching next month. I know Syscoin has been working on this blockchain 2.0 for months.

What I think is by the time VIA gets something out that Syscoin will be off and running and developing more features. I'm sure some other coins will have something too by then. Not worth buying VIA when it is 4x higher than IPO with nothing to show for it (unless you want to bet on it going higher and make some $$$)

This has to be a dream. The guy pulled off 610 btc IPO without having a developer on the team

[barryzand]

so people brought the dev 600 btc??  

In terms of btc being worth 1000$ again... this dev got 500.000 $ for free? what a pro  

[coinsolidation]

Value should be earned, not given in advance based on promise.

[cassius69]

Value should be earned, not given in advance based on promise.

based on just a thread and potentially lies.

boycott ico!

[tazmania]

It may or may not be a scam. If dev gives up and project stops and price tanks then scam.

For now we have the btc being used to hire people and work on coding. This will take months most likely. They are trying to do what Syscoin has done and will be launching next month. I know Syscoin has been working on this blockchain 2.0 for months.

What I think is by the time VIA gets something out that Syscoin will be off and running and developing more features. I'm sure some other coins will have something too by then. Not worth buying VIA when it is 4x higher than IPO with nothing to show for it (unless you want to bet on it going higher and make some $$$)

This has to be a dream. The guy pulled off 610 btc IPO without having a developer on the team

and made everyone that bought in at this time around 4x richer. Price even spiked up 800% from IPO. It's about who you are and who you know.

[Revelation]

It may or may not be a scam. If dev gives up and project stops and price tanks then scam.

For now we have the btc being used to hire people and work on coding. This will take months most likely. They are trying to do what Syscoin has done and will be launching next month. I know Syscoin has been working on this blockchain 2.0 for months.

What I think is by the time VIA gets something out that Syscoin will be off and running and developing more features. I'm sure some other coins will have something too by then. Not worth buying VIA when it is 4x higher than IPO with nothing to show for it (unless you want to bet on it going higher and make some $$$)

This has to be a dream. The guy pulled off 610 btc IPO without having a developer on the team

and made everyone that bought in at this time around 4x richer. Price even spiked up 800% from IPO. It's about who you are and who you know.

You can always find people who made money on any scam coin, including USB, CNL, ELITE, ICB etc. The fact that someone made a profit doesn't make it a less scam, it actually means that the eventual loss will be bigger as someone is buying this shit at 4x IPO price.

[andreibi]

I see you here, Revelation. You've been fudding Viacoin since day one when it was listed on Bittrex. Come on, don't be envious. You can still buy, it is still very cheap. You can still profit 10x. BTCDrak hasn't disappeared yet.

[saberu]

Scam.

[Redcoin]

600 btc, lol 

 he only needs to make 1 coin per week to becoime a billionare

[Octavius]

600 btc, lol  

 he only needs to make 1 coin per week to becoime a billionare

I don't think so.

These scumbag scam artists use all sorts of unscrupulous tactics. He didn't use an escrow service, it's easier to manipulate, he sent his own btc to this address. I don't think there are so many morons to send btc like that...

[btcdrak]

http://www.cryptocoinsnews.com/news/viacoin-review-1m-market-cap-days/2014/07/29

[Revelation]

http://www.cryptocoinsnews.com/news/viacoin-review-1m-market-cap-days/2014/07/29

This is a sad article. It tells us that eventually people will lose 1m USD due to do your incompetence as you clearly have no clue how to code nor does your super secret sushi-chef dev.

[Revelation]

I see you here, Revelation. You've been fudding Viacoin since day one when it was listed on Bittrex. Come on, don't be envious. You can still buy, it is still very cheap. You can still profit 10x. BTCDrak hasn't disappeared yet.

Of course, from day 1 when I saw the code that it is just a fucking bitcoin clone with zero features and that it is even using untested bitcoin core - it became clear to me that the guy is a joke. He cannot code. The fact that he is around is just making things worse. I believe that he is now working only on his bct account, hoping to keep his reputation.
Please, anyone, look at the source code and what HAS been done.

[baby222]

sacm or not scam , this is a question , to be or not to be , this also is a question 

[Primitive]

wow... Revelation you sure have some spare time on your hands.  we get it, you think VIA is a crap shitcoin scam. 

i'm bookmarking this thread to show it to you in a few months.

[btcdrak]

FUD FAQ: https://bitcointalk.org/index.php?topic=699278.msg7901691#msg7901691

[Revelation]

wow... Revelation you sure have some spare time on your hands.  we get it, you think VIA is a crap shitcoin scam. 

i'm bookmarking this thread to show it to you in a few months.

I am sick of these scams and shits. I am mad at myself for not warning people about USB. But this Via shit is worth much more and hence much more BTC are at risk. I will keep updating this thread whenever viacoin releases its newest update. I am confident that the guy cannot code.

[Revelation]

FUD FAQ: https://bitcointalk.org/index.php?topic=699278.msg7901691#msg7901691

Dude, fix your fork shit. You've managed to fork bitcoin without making any changes to the protocol itself. What else do you expect to hear? Go to your thread where gullible people are praising you for your incompetence.

[cassius69]

wow... Revelation you sure have some spare time on your hands.  we get it, you think VIA is a crap shitcoin scam. 

i'm bookmarking this thread to show it to you in a few months.

cant fault someone for giving their honest opinion.

if he thinks its a fucking scamcoin than its his duty to warn others.

[btcdrak]

wow... Revelation you sure have some spare time on your hands.  we get it, you think VIA is a crap shitcoin scam. 

i'm bookmarking this thread to show it to you in a few months.

cant fault someone for giving their honest opinion.

if he thinks its a fucking scamcoin than its his duty to warn others.

+1

[technologible]

I don't care whether they are scam or not, but the idea is very strange to say the least.
Counterparty basically wants to be where the money is, that is on top of Bitcoin blockchain. Their architecture is built on that. They have to fight limitations of Bticoin etc.
On the other hand Viacoin launches a new coin to build counterparty on top. This is just the opposite. And really doesn't make much sense IMHO.

[AtlasONo]

Bitcoin core dev is a total scammer guise!

http://blog.viacoin.org/2014/07/31/viacoin-hires-peter-todd.html

[coinsolidation]

http://blog.viacoin.org/2014/07/31/viacoin-hires-peter-todd.html

That is a move worthy of respect. I look forward to seeing what Peter produces!

[johningreece]

I have viacoins in my testnet wallet. But, the wallet will not allow me to send the coins. Anyone know why???

[Primitive]

I have viacoins in my testnet wallet. But, the wallet will not allow me to send the coins. Anyone know why???

why are you on the testnet?

[Jenniss]

Bitcoin core dev is a total scammer guise!

http://blog.viacoin.org/2014/07/31/viacoin-hires-peter-todd.html

it used as a stunt for making money.

[johningreece]

I was told that the testnet wallet was the only way to receive free viacoins.

[johningreece]

Is there a real viacoin faucet???

[Primitive]

guys, go here instead:  https://bitcointalk.org/index.php?topic=699278.new

this is not an official thread, its a FUD thread