Unveiling the truth over the major Monero scam

[aminorex]

The trolling and FUD against XMR is very different than what I'm used to seeing. Typically, folks will troll or spread FUD if they've invested in a competing coin/technology that is losing ground. This is usually a result of ignorance, as the FUDsters would've simply made the better investment or shifted their holdings had they known the advantages. XMR has seen plenty of this as well.

However, what we're seeing in this thread is entirely different. These guys have a very personal hatred toward the monero project. Even if all their assertions were true (botnets, paid smear campaigns, etc.), it would still be one of the more legitimate projects in this space. Yet these guys are determined, at all cost, to see monero crumble to the ground. Makes you wonder... what's the beef?

Actually, they are buying

[Its About Sharing]

The trolling and FUD against XMR is very different than what I'm used to seeing. Typically, folks will troll or spread FUD if they've invested in a competing coin/technology that is losing ground. This is usually a result of ignorance, as the FUDsters would've simply made the better investment or shifted their holdings had they known the advantages. XMR has seen plenty of this as well.

However, what we're seeing in this thread is entirely different. These guys have a very personal hatred toward the monero project. Even if all their assertions were true (botnets, paid smear campaigns, etc.), it would still be one of the more legitimate projects in this space. Yet these guys are determined, at all cost, to see monero crumble to the ground. Makes you wonder... what's the beef?

My bet is that there is a strong BCN contingency here. As I said before, there would be no Monero if BCN wouldn't have done the 80% (or whatever) pre/insta-mine, whatever it was.

Further, the point of the thread was to hurt Monero, clearly, but when you read through the thread, it is pretty clear than Monero is now higher than before the attack.
Such is Anti-Fragile technology. Then there is that one effect we hear about so often online...

[Hexah]

Something interesting happened yesterday. Several coins were announced to be removed on Polo including FCN and QCN. During the last month these coins had average turnover.
 
There are a lot of coins which don't have turnover at all.

Taking that into account XMR literally "saved" Polo from going bankrupt which was highlighted by its owner in his interviews, which raises a question of their affiliation.

They can not remove top-15 coins, that would be too obvious. Polo delisted the cryptonotecoins which had trading value.

Fact: Poloniex and Monero are affiliated. Big part of XMR's turnover is faked by their friend Poloniex.

This is beneficial for both Polo and XMR. See for yourself, only Polo has such trading volume of XMR and Monero's trading volume is very low on other exchanges (Mintpal, Bter).

Monero and Poloniex are fucking the investors over.

[TooDumbForBitcoin]

 


Monero and Poloniex are fucking the investors over.

Hexah, I edited your post of all non-red content.  Please follow the color policy.

[Skinnkavaj]

Something interesting happened yesterday. Several coins were announced to be removed on Polo including FCN and QCN. During the last month these coins had average turnover.
 
There are a lot of coins which don't have turnover at all.

Taking that into account XMR literally "saved" Polo from going bankrupt which was highlighted by its owner in his interviews, which raises a question of their affiliation.

They can not remove top-15 coins, that would be too obvious. Polo delisted the cryptonotecoins which had trading value.

Fact: Poloniex and Monero are affiliated. Big part of XMR's turnover is faked by their friend Poloniex.

This is beneficial for both Polo and XMR. See for yourself, only Polo has such trading volume of XMR and Monero's trading volume is very low on other exchanges (Mintpal, Bter).

Monero and Poloniex are fucking the investors over.

Nothing wrong with this at all. If poloniex delist coins, it is obvious why. The coins do not have any trading volume, or else, why would Poloniex delist something that makes them money?

[Skinnkavaj]

Poloniex and Monero in a conspiracy scam to take over the world. The new world order.  
Do you really believe this?  

If poloniex faked the trading of Monero, the price and volume would be tenfold. The volume is normal if you take into account how much Monero is being talked about in this altforum.

[smooth]

Taking that into account XMR literally "saved" Polo from going bankrupt which was highlighted by its owner in his interviews, which raises a question of their affiliation.

Good question!

Answer. There is none.

We help Poloniex with integration and software issues having to do with the XMR node and wallet, just like we help any other. That's it. In fact, our help was probably instrumental in Poloniex listing all those other Cryptonote coins in the first place.

Thank you for asking.

[GreekBitcoin]

Hey Hexah. The biggest volume for QCN last month was 0.66BTC and for FCN it was 0.27BTC. lol

Maybe you should take this into account too.

[Hexah]

Hey Hexah. The biggest volume for QCN last month was 0.66BTC and for FCN it was 0.27BTC. lol

Maybe you should take this into account too.

Hey GreekBitcoin. Let's look at Namecoin volume. Hm..... looks like almost zero. Delisted? No.

Monero and Poloniex are affilated and all XMR's deals are fake.
Nobody likes Monero.
Monero is a scam

[othe]

Thanks for exposing once again that QCN and FCN are from the bytecoin coin mill.


Heres a nice story from DGA about how Bytecoin faked the Blockchain and crippled the mining speed: http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html

But when Bytecoin was released, it was presented as though it emerged from two years on the "dark web" (Tor onion sites and the like), during which time, 80% of the possible coins that could ever be minted, had been minted.  The reception in the cryptocurrency community was heavily skeptical.

My strong belief is that the skepticism was warranted: Here's the original slow-hash from bytecoin as it was copied into Bitmonero.  It has some doozies.  For example, on line 100, you might note that for every iteration through an inner loop repeated tens of thousands of times, the AES key is re-imported into the library.  The later loop, starting on line 113, is repeated half a million times, and is so abstracted through lots of memcpys and pointer manipulation it's hard to tell that all it really does is one round of AES encryption, a pointer dereference into a random scratchpad, a 64 bit multiplication, and another pointer dereference.  Phew.  This original code was roughly 50x slower than my final optimized code, and could have easily been used to fake two years of blockchain data on a single computer or a small cluster.  I'm pretty sure that's what happened.

[drawingthesun]

Hey Hexah. The biggest volume for QCN last month was 0.66BTC and for FCN it was 0.27BTC. lol

Maybe you should take this into account too.

Hey GreekBitcoin. Let's look at Namecoin volume. Hm..... looks like almost zero. Delisted? No.

Monero and Poloniex are affilated and all XMR's deals are fake.
Nobody likes Monero.
Monero is a scam

Namecoin is a very bad example for your argument.

Namecoin is a staple alt coin that was the first alt ever created and the only alt ever to have Satoshi's blessing. Namecoin will most likely stay on the exchange forever no matter its volume.

[rpietila]

If I may propose that the developers reply a little less to these endlessly repeated same, yet fallacious, arguments, and concentrate a little more in the advances in the Monero ecosystem, such as the first ever options markets on any alt/BTC rate.

[Hexah]

Thanks for exposing once again that QCN and FCN are from the bytecoin coin mill.


Heres a nice story from DGA about how Bytecoin faked the Blockchain and crippled the mining speed: http://da-data.blogspot.de/2014/08/minting-money-with-monero-and-cpu.html

QCN, FCN and other CN -based coins are Monero competitors that XMR wants to destroy at any cost.

Hey Hexah. The biggest volume for QCN last month was 0.66BTC and for FCN it was 0.27BTC. lol

Maybe you should take this into account too.

Hey GreekBitcoin. Let's look at Namecoin volume. Hm..... looks like almost zero. Delisted? No.

Monero and Poloniex are affilated and all XMR's deals are fake.
Nobody likes Monero.
Monero is a scam

Namecoin is a very bad example for your argument.

Namecoin is a staple alt coin that was the first alt ever created and the only alt ever to have Satoshi's blessing. Namecoin will most likely stay on the exchange forever no matter its volume.

There are a plenty of other examples.

[TooDumbForBitcoin]

There are a plenty of other examples.

If it's not in red, it's not a Hexah post.

Beware of imposters.

[smooth]

Monero and Poloniex are affilated and all XMR's deals are fake.

Now that it has been explained to you that Monero and Poloniex are not affiliated, this is no longer a mistake and is now a lie.

So you are hereby promoted from BCN shill to BCN shill and liar.

[smooth]

If I may propose that the developers reply a little less to these endlessly repeated same, yet fallacious, arguments, and concentrate a little more in the advances in the Monero ecosystem, such as the first ever options markets on any alt/BTC rate.

Obviously fake activity. All Monero activity is fake.

[luigi1111]

If I may propose that the developers reply a little less to these endlessly repeated same, yet fallacious, arguments, and concentrate a little more in the advances in the Monero ecosystem, such as the first ever options markets on any alt/BTC rate.

All Monero activity is fake.

Edited for clarity. You should be aware of the new rules by now! < this is red

[smoothie]

Hey Hexah. The biggest volume for QCN last month was 0.66BTC and for FCN it was 0.27BTC. lol

Maybe you should take this into account too.

Hey GreekBitcoin. Let's look at Namecoin volume. Hm..... looks like almost zero. Delisted? No.

Monero and Poloniex are affilated and all XMR's deals are fake.
Nobody likes Monero.
Monero is AWESOME!

LOL yup my buy orders yesterday were faked.

You seriously sound butthurt. But please...go on...as I am entertained.  

[Ignition75]

You can normally tell when there's actual high volume for a currency on Polo.  There's a buzz about the Trollbox, you've got pump teams and dump teams chanting constantly trying to get people to fill their orders...

XMR volume stayed high even though the chatter died down a lot, it felt like it was fake.  Problem is, how can you prove it either way?

[othe]

You can normally tell when there's actual high volume for a currency on Polo.  There's a buzz about the Trollbox, you've got pump teams and dump teams chanting constantly trying to get people to fill their orders...

XMR volume stayed high even though the chatter died down a lot, it felt like it was fake.  Problem is, how can you prove it either way?

No real investor uses the trollbox dude... and no real investor gives a fuck about what the trollbox says.