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Author Topic: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)  (Read 119459 times)
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September 13, 2017, 10:09:02 AM
 #641

"Don't understand their intentions" has been a repeated talking point by Bytecoin shills. It is the perfect ambiguous and non-falsifiable dodge.

In fact Occam's Razor tells the story perfectly well for anyone with the ability to do, as owlcatz calls it, critical thinking: Their intentions were to launch the coin as a premine scam and take a lot of money out of the coin and put it into their own pockets. That of necessity requires inducing other people to put a lot of money into the coin. Which they are still trying to do at some level with the continued (if laughable) shenanigans with "Jenny" and other shills.


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September 13, 2017, 02:30:45 PM
 #642

"Don't understand their intentions" has been a repeated talking point by Bytecoin shills. It is the perfect ambiguous and non-falsifiable dodge.

In fact Occam's Razor tells the story perfectly well for anyone with the ability to do, as owlcatz calls it, critical thinking: Their intentions were to launch the coin as a premine scam and take a lot of money out of the coin and put it into their own pockets. That of necessity requires inducing other people to put a lot of money into the coin. Which they are still trying to do at some level with the continued (if laughable) shenanigans with "Jenny" and other shills.

Three years before there was a very cheap distribution of this coin, with your help it went down to 2 Satoshi. No reason to complain, for nobody.
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September 13, 2017, 10:31:29 PM
 #643

"Don't understand their intentions" has been a repeated talking point by Bytecoin shills. It is the perfect ambiguous and non-falsifiable dodge.

In fact Occam's Razor tells the story perfectly well for anyone with the ability to do, as owlcatz calls it, critical thinking: Their intentions were to launch the coin as a premine scam and take a lot of money out of the coin and put it into their own pockets. That of necessity requires inducing other people to put a lot of money into the coin. Which they are still trying to do at some level with the continued (if laughable) shenanigans with "Jenny" and other shills.




It doesn't take Occam's razor to whittle down to greed. Just a touch of cynicism. But y'all are pretty quick to jump to argument from incredulity when presented with alternative hypotheses.

I will stipulate that cynics are usually right though.
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September 13, 2017, 11:28:15 PM
 #644

"Don't understand their intentions" has been a repeated talking point by Bytecoin shills. It is the perfect ambiguous and non-falsifiable dodge.

In fact Occam's Razor tells the story perfectly well for anyone with the ability to do, as owlcatz calls it, critical thinking: Their intentions were to launch the coin as a premine scam and take a lot of money out of the coin and put it into their own pockets. That of necessity requires inducing other people to put a lot of money into the coin. Which they are still trying to do at some level with the continued (if laughable) shenanigans with "Jenny" and other shills.




It doesn't take Occam's razor to whittle down to greed. Just a touch of cynicism. But y'all are pretty quick to jump to argument from incredulity when presented with alternative hypotheses.

I will stipulate that cynics are usually right though.

Please - Feel free to elaborate on any possible "alternative hypotheses"... Seriously... I'd love to entertain any of them, I'm sure i'm not alone! Grin

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October 03, 2017, 04:20:10 AM
 #645

#crypt #crypto #currency #minining #BCN #Bytecoin #Bytecoin #BTC #Bitcoin #Bitcoin #Cryptocoin #Mining #CryptoNight #cryptonote #Monero #xmr
https://youtu.be/SkHHIonpFDc
https://www.youtube.com/watch?v=EL9alYbX5u0
Hi,
There is an opportunity to support Bytecoin (it was forged by the Monero and AEON forks, etc.) It is necessary to sign a petition, which is very easy, and together we will be able to get the "Father" of the CryptoNight algorithm (Note) able to rise in price as it made AEON and MONERO. Due to it BCN will get on Bithumb (Korean exchange), and it is possible that it will rise in price, like AEON recently. Also you can participate in the coin discussion (https://t.me/bytecoinchat, https: // t.me/bytecoinru), go to the site (Bytecoin.org) and see the prospects, buy or sell, as well as start the mine. And it is very fast and easy to go (minergate.com). Nach Now build a future. Your Bytecoin. Will you sign it?
Here is the link:
https://www.change.org/p/bithumb-exchange-add-bytecoin-bcn-on-bithumb-exchange?utm_medium=email&utm_source=petition_signer_receipt&utm_campaign=triggered&share_context=signature_receipt&recruiter=744593281
Thank you,
Aptyp
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October 31, 2017, 05:01:45 PM
 #646

thankyou for valueable infomation. Im not invest Scam crypto

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December 12, 2017, 04:31:59 AM
 #647

Preamble

A month ago or so there was a post from some guy at the official bytecoin bitcointalk thread, attempting to rebuke the first post of the thread. It was not indicated by the bytecoin representative as the official reply to this post, while today it appears that the Bytecoin team has finally officially recognized it as the official reply.

To quote: "If anyone would like to see once and for all how false this idea is please see the official rebuke listed here:  https://www.docdroid.net/rEKgQUR/bytecoin-rebuttle.pdf"

https://bitcointalk.org/index.php?topic=512747.msg26141627#msg26141627

Basically it is their first real attempt to comment on the allegations, and yet the representative, whose communicating skills are quite challenged, provides the following comment: "... disinformation about the alleged pre-mine has been posted around here so many times it’s becoming tiresome to respond to."

Consider that they were substantially dead silent earlier, and provided no counterarguments. Except those few meaningless phrases given a few years ago by another representative (or maybe the same person).

Hahaha, 3 years later and they link to a PDF file! You just can't make this shit up!

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December 20, 2017, 12:26:48 PM
 #648

Hi, im new to cryptos, i read almost all of this thread and i am really interested in what is everyones opinion these days on this topic?
i see  that bytecoin is still around with a $823,904,227   market cap, is it worth anythin?
what about  monero ?
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December 27, 2017, 11:26:36 AM
 #649

thank you for valueable infomation. im new to cryptos, Im not invest Scam crypto
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December 28, 2017, 01:25:38 AM
 #650

Hi, im new to cryptos, i read almost all of this thread and i am really interested in what is everyones opinion these days on this topic?
i see  that bytecoin is still around with a $823,904,227   market cap, is it worth anythin?
what about  monero ?

Everything is worth what someone is willing to pay for it, market caps are easily manipulated so that number as most Cap numbers can be completely off. I bet you couldn't sell 100k USD of bytecoin without it crashing to zero.

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December 28, 2017, 01:37:35 AM
 #651

A long read but a pretty interesting discussion. I know for the first time I saw BCN that there's something fishy with them. I had to go in with Monero instead when I was picking the privacy coins for holding long term.

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December 28, 2017, 01:43:17 AM
 #652

A long read but a pretty interesting discussion. I know for the first time I saw BCN that there's something fishy with them. I had to go in with Monero instead when I was picking the privacy coins for holding long term.

I'm sure that worked out much better for you, eh? Cheesy

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December 28, 2017, 01:53:24 AM
 #653

Hi, im new to cryptos, i read almost all of this thread and i am really interested in what is everyones opinion these days on this topic?
i see  that bytecoin is still around with a $823,904,227   market cap, is it worth anythin?
what about  monero ?

Everything is worth what someone is willing to pay for it, market caps are easily manipulated so that number as most Cap numbers can be completely off. I bet you couldn't sell 100k USD of bytecoin without it crashing to zero.

LOL. No dog in the fight, but seriously. There are over 700BTC of buy orders for BCN on HitBTC alone, so I'm going to go out on a limb and suggest that you could sell 7BTC worth without it "crashing to zero".
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December 28, 2017, 01:58:21 AM
 #654

Usually, people do irrational things when they think they can get rich quick and they actually believe in day trading assets based solely on drawing lines on charts, so it is based on no fundamental knowledge of the underlying assets.

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December 28, 2017, 02:05:04 AM
 #655

Hi, im new to cryptos, i read almost all of this thread and i am really interested in what is everyones opinion these days on this topic?
i see  that bytecoin is still around with a $823,904,227   market cap, is it worth anythin?
what about  monero ?

Everything is worth what someone is willing to pay for it, market caps are easily manipulated so that number as most Cap numbers can be completely off. I bet you couldn't sell 100k USD of bytecoin without it crashing to zero.

LOL. No dog in the fight, but seriously. There are over 700BTC of buy orders for BCN on HitBTC alone, so I'm going to go out on a limb and suggest that you could sell 7BTC worth without it "crashing to zero".

HitBTC is a known scam exchange associated with BCN crew. Use it at your own risk.

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December 28, 2017, 02:37:46 AM
 #656

Hi, im new to cryptos, i read almost all of this thread and i am really interested in what is everyones opinion these days on this topic?
i see  that bytecoin is still around with a $823,904,227   market cap, is it worth anythin?
what about  monero ?

Everything is worth what someone is willing to pay for it, market caps are easily manipulated so that number as most Cap numbers can be completely off. I bet you couldn't sell 100k USD of bytecoin without it crashing to zero.

LOL. No dog in the fight, but seriously. There are over 700BTC of buy orders for BCN on HitBTC alone, so I'm going to go out on a limb and suggest that you could sell 7BTC worth without it "crashing to zero".

HitBTC is a known scam exchange associated with BCN crew. Use it at your own risk.

Ok. As I write this, there are 10BTC of buy orders at 40 sat on Poloniex ($151,000 worth). So your hyperbole that selling $100K worth would crash the price to zero is just that - hyperbole. You wouldn't even take out the top bid on one exchange.

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December 28, 2017, 03:35:45 AM
 #657

Hi, im new to cryptos, i read almost all of this thread and i am really interested in what is everyones opinion these days on this topic?
i see  that bytecoin is still around with a $823,904,227   market cap, is it worth anythin?
what about  monero ?

Everything is worth what someone is willing to pay for it, market caps are easily manipulated so that number as most Cap numbers can be completely off. I bet you couldn't sell 100k USD of bytecoin without it crashing to zero.

LOL. No dog in the fight, but seriously. There are over 700BTC of buy orders for BCN on HitBTC alone, so I'm going to go out on a limb and suggest that you could sell 7BTC worth without it "crashing to zero".

HitBTC is a known scam exchange associated with BCN crew. Use it at your own risk.

Ok. As I write this, there are 10BTC of buy orders at 40 sat on Poloniex ($151,000 worth). So your hyperbole that selling $100K worth would crash the price to zero is just that - hyperbole. You wouldn't even take out the top bid on one exchange.




W0w it's worth a whole 40sats now during the greatest Alt explosion ever! Man I gotta buy some of those! Tongue

Quote
BCN is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the BCN team. Any updates must be tested and audited before enabling.


I like the the 163 XMR buy side and  12,115,856 BCN sell side of the XMR/BCN pair? I wonder who would even consider putting even one XMR up for any amount of BCN?

And yes there was a bit of hyperbole but not much when you consider the FUD in this space.


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December 29, 2017, 08:39:45 PM
 #658

Monero is hands down the best CN coin, no doubt. But excessive fucking shilling and arrogance will kill it. Arrogance and fucktardness killed Litecoin. Everything that happened in Litecoin can be traced to the arrogance of the community. The short sightedness to think that they can be Bitcoin, and everything they did revolved around it.
So 3 years later you think still that about LTC?  lol You missed out.
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January 14, 2018, 11:22:31 AM
 #659

Thanks for that, funny to read  Grin

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February 14, 2018, 09:22:04 PM
 #660

Found out that the GitHub repo of Bytecoin moved 5 days ago from

amjuarez/bytecoin - https://github.com/amjuarez/bytecoin

to

bcndev/bytecoin - https://github.com/bcndev/bytecoin

So it seems that user amjuarez is now bcndev!
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