[UNMODERATED] CLUSTERCOIN Topic [OPEN DISCUSSION]

[ocminer]

As the ClusterCoin Dev constantly keeps deleting (my) posts in his ClusterCoin Thread, I've opened this Thread for the people to discuss.

As I'm short on time, a short explanation of what the Community found out in the last 24hrs, please correct me / add anything that I got wrong / that is missing.


Essex343 (ClusterCoin Dev) and ShameOnYou (Usecoin Dev) could be the same person as the accounts were created both at the same time and had lots of "null posts" before they both finally released a coin. This already raised so many red flags for me that I will completely stand clear from Cluster - but this is just my opinion.

Proof over here:
https://bitcointalk.org/index.php?topic=754138.msg8507732#msg8507732


In "his" thread he states PoD is ongoing, but CryptoAsian tweets he had no response from the Cluster Dev:

Proof:
https://twitter.com/CryptoAsian/status/503510870308442113


In "his" thread the Dev always posts some very weird, futuristic stuff he seems to be doing when users are questioning for a roadmap, features etc..

Proof:
https://bitcointalk.org/index.php?topic=753089.msg8511463#msg8511463

Honestly: What the f*** is
"we are now experimenting on a model that simulates network performance when several user-populated geo clusters are present"  

This ain't NASA, SETI or whatever.. You did not re-invent Bitcoin, you simply forked a Coin (Bitcoin) and did no magic to it, your code @ github looks totally normal, mining can be done with SHA-256 on a normal, stratum enabled Pool, there is no "user populated geo cluster" right now and how would you simulate what won't exist ?! You'd have to rewrite the whole Chaincode to "merge" multiple chains simultanously and where is the sense of doing so ??

Can someone clear up for me why people invest in this ?! I just don't get it ?!?

AGAIN: This is just a open discussion, you can invest/trade/mine the coin whatever, a discussion in the original thread is not possible due to constant deletion of posts, therefore this thread here.

[Vampiro4L]

you probably aren't far off....where there's smoke, there's fire...
glad i stayed away from these

[yeasee]

I have to say invest CLSTR is my biggest fault.I thought the dev is a liar!

[TheCoinFinder]

There is also this thread:

https://bitcointalk.org/index.php?topic=754138.0

[ocminer]

There is also this thread:

https://bitcointalk.org/index.php?topic=754138.0

Oh wow thanks for the heads up, why has it been moved ??!

[DeCrypterManiac]

In "his" thread the Dev always posts some very weird, futuristic stuff he seems to be doing when users are questioning for a roadmap, features etc..

Proof:
https://bitcointalk.org/index.php?topic=753089.msg8511463#msg8511463

Honestly: What the f*** is
"we are now experimenting on a model that simulates network performance when several user-populated geo clusters are present"  

This ain't NASA, SETI or whatever.. You did not re-invent Bitcoin, you simply forked a Coin (Bitcoin) and did no magic to it, your code @ github looks totally normal, mining can be done with SHA-256 on a normal, stratum enabled Pool, there is no "user populated geo cluster" right now and how would you simulate what won't exist ?! You'd have to rewrite the whole Chaincode to "merge" multiple chains simultanously and where is the sense of doing so ??

+1

 

[MineP.it]

If Bittrex allow this to go through it will be the last straw for me. Will pull all funds out for good.

[ocminer]

If Bittrex allow this to go through it will be the last straw for me. Will pull all funds out for good.

Luckily I did not buy, I was just checking this coin for considering a pool to be set up and stumbled over SO many things that I needed to open this topic...

And I STILL believe that Bittrex is not "bad" - They are just "being raped and used" as a tool - but they will have to do "something" in the future to prevent such a fiasco like with Usecoin...

[zhangdu]

i believe, those scammer will die like a dog.  

[TheCoinFinder]

There is also this thread:

https://bitcointalk.org/index.php?topic=754138.0

Oh wow thanks for the heads up, why has it been moved ??!

No clue.

I still don't understand how an anonymous coin, with no proof of any of the innovation mentioned - managed to get 350BTC from buyers

[ocminer]

I still don't understand how an anonymous coin, with no proof of any of the innovation mentioned - managed to get 350BTC from buyers

+1111

:-)

When I saw that 350 BTC I was like "WTF?!?!??? Thats like 175.000 $ for nothing but thin air !"

[prospecta]

Bittrex have everything to lose, and next to nothing to gain by paying out this 350 BTC to the dev.

It's such a clear cut case of just buying back the coins and everyone moving on.

[px66]

There is also this thread:

https://bitcointalk.org/index.php?topic=754138.0

Oh wow thanks for the heads up, why has it been moved ??!

No clue.

I still don't understand how an anonymous coin, with no proof of any of the innovation mentioned - managed to get 350BTC from buyers

The scam works like this: DEVs use their own BTC to buy into the ICO to give the appearance of lots of interest in scam coin. They know they will get BTC back when ICO ends. Gullible investors see lots of fake ICO interest and panic buy into ICO ("Following the herd"). ICO ends and DEVS get all the ICO BTC plus they now have lots of scam coins to dump on market to make more BTC.

[discodancer]

ocminer - you had a chance to go over the code? Cause from what I can see he published the github for review during the ICO. If people dint check the code (or get someone's help) I think they deserve to be scammed.

[ocminer]

ocminer - you had a chance to go over the code? Cause from what I can see he published the github for review during the ICO. If people dint check the code (or get someone's help) I think they deserve to be scammed.

Yes I've skimmed over the code a few hours ago and searched for anything that would make problems in adding a pool etc. But did not find anything "special" or so about the coin.. Its like a simply clone of a clone. I thought there would be anything special in mining, but a normal stratum implementation without any mods works ... Very confusing considering the features this coin shall have..

As it's weekend and I the weather is pretty good, I'm out now and did not look as close as you should look when you verify code or search for potential risks - so I cannot guarantee there is nothing "special" about the code.. Just nothing at first sight - at least for me.

I please everyone to show me the specials if they had a deeper look.

The premine is blatant though:

https://github.com/ClusterCoin/ClusterCoin/blob/master/src/main.cpp#L1253

7.000.000 coins.. whilst coin reward is only 3 coins from 13.000 until block 10.000.000 ... count that in % ^^

[atchoum6760]

3 cluster by block normal ? Why mining ?

ICO 10000 first day now 3000 sat why buy ?

How many people lose their money ?


Other scam ?

[discodancer]

god damn it
the market is disabled
i cant even sell out
I HOPE SHittrex refunds the IPO

It shows disabled in the wallet because the ICO coins are not released yet. Market is open.

[px66]

There is also this thread:

https://bitcointalk.org/index.php?topic=754138.0

Oh wow thanks for the heads up, why has it been moved ??!

No clue.

I still don't understand how an anonymous coin, with no proof of any of the innovation mentioned - managed to get 350BTC from buyers

The scam works like this: DEVs use their own BTC to buy into the ICO to give the appearance of lots of interest in scam coin. They know they will get BTC back when ICO ends. Gullible investors see lots of fake ICO interest and panic buy into ICO ("Following the herd"). ICO ends and DEVS get all the ICO BTC plus they now have lots of scam coins to dump on market to make more BTC.

EDIT: I hate calling them DEVs because they are not developers. The couldn't code their way out of a wet paper bag.

[kingscrown]

imo its a scam. thats why ie when i make my monthly reports on the blog i always contact devs to check with tchem how serious they are. ie currently HYPER seems to me to end up as scam/dropped by devs coin.

[opossum]

It's more like clusterf..k now.