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Author Topic: ViaCoin. Yet another scam?  (Read 6497 times)
Revelation (OP)
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July 29, 2014, 12:23:59 AM
 #1

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.
darkip
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July 29, 2014, 12:25:09 AM
 #2

Checkpoint update... FUD fail.
Revelation (OP)
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July 29, 2014, 12:26:15 AM
 #3

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
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July 29, 2014, 12:53:03 AM
 #4

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 (OP)
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July 29, 2014, 12:57:10 AM
 #5

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
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July 29, 2014, 01:00:55 AM
 #6

rzr is worse. Same crew ish. Twitter pnd.
AtlasONo
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July 29, 2014, 01:08:15 AM
 #7

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
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July 29, 2014, 01:16:43 AM
 #8

Yet another pnd shit coin by the "professional" traders on twitter.
smokim87
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July 29, 2014, 01:35:00 AM
 #9

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  Cheesy Cheesy
rayday11
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July 29, 2014, 01:51:16 AM
 #10

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
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July 29, 2014, 01:58:07 AM
 #11

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

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minerpools
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July 29, 2014, 03:16:04 AM
 #12

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
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July 29, 2014, 03:20:35 AM
 #13

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.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
Bitcycle
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July 29, 2014, 03:26:04 AM
 #14

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 (OP)
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July 29, 2014, 08:31:19 AM
 #15

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
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July 29, 2014, 10:34:21 AM
 #16

indeed, 610 btc, guess whos laughing now

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hualehua
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July 29, 2014, 10:36:38 AM
 #17

 Why do you always support thus obvious shit coin?
Revelation (OP)
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July 29, 2014, 10:47:24 AM
 #18

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
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July 29, 2014, 10:55:40 AM
 #19

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.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
Revelation (OP)
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July 29, 2014, 10:59:42 AM
 #20

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
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