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Author Topic: BitcoinEXpress - self made legend?  (Read 4101 times)
UseTheFax (OP)
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September 21, 2014, 03:55:10 AM
Last edit: September 21, 2014, 04:13:39 AM by UseTheFax
 #1

I started this a few weeks back and BCX's recent turnaround on Monero inspired me to finish it. I own around 100XMR so I keep an eye on it and wanted to see why one person appeared to be taken so seriously when countless other trolls are brushed off. People keep saying "he's killed many coins" as evidence of his crypto skills so I decided to take a look at his post history to see for myself what he's done. In brief, seems to be a lot of talking and not much doing.

BCX has been around the altcoin scene virtually since it started, and has been tirelessly promoting himself ever since. Often accused of trolling by
those in his targets, the truth seems more that he enjoys the notoriety of being "the shitcoin killer" and sees himself as the community appointed Sherriff of Cryptoland.
More cynical members may see him as an expert market manipulator who reworks several common themes in his threats in order to cause mass
selling. If he is able to borrow large amounts of his target coin in advance he can then benefit by "shorting", either way he is then able to pick up coins
at a discount price, then sell them later for a large profit when his threat disappears and the price recovers. Tracing BCX's history we can see how he
developed his technique:


BCX was an early BTC GPU miner, who then profited from the first wave of altcoins by mining and selling during their boom phase. In all fairness he probably
got legitimately interested in attack methods and unlike most people potentially had the hashpower to enact a fork attack. In fact BCX admitted to being
paid to test ArtForz's Sept 11th proof of concept attack on GeistGeld (https://bitcointalk.org/index.php?topic=43754.0) and then within 24hrs announces the
following:

The NameCoin attack - https://bitcointalk.org/index.php?topic=43465.msg519523#msg519523

Back in Sept 2011 BCX picked up on work by Artforz about the possibility of manipulating the difficulty calculation to enable a 51% attack with much less
hashpower. BCX seems to have deleted his initial post so unfortunately we can't see exactly what he was claiming.


The IOcoin attack - https://bitcointalk.org/index.php?topic=44344.msg529358#msg529358

Funnily enough another missing first post, but the theme is the same.


NameCoin attack relaunched! https://bitcointalk.org/index.php?topic=45420.msg541818#msg541818

BCX denies threatening another NameCoin attack (well the first one didnt actually happen) because somebody upset him


"Solidcoin 2.0 - Target acquired and eliminated" https://bitcointalk.org/index.php?topic=47722.0

Definitely a theme here, but deleting posts and titles doesnt hide everything. Interestingly Tacotime appears in this thread! Seems the launch was a bit of
a mess and plenty of odd happenings, but nothing really proving a BCX attack.


BCX goes fairly quiet for a while, perhaps diverted into other pursuits, but returns in the summer of 2013 when BTC hype increases again, however BCX seems
to be concentrating on mining altcoins. Funnily enough he pops up in Nov 2013 in a "WDC 51% attacked" thread, but only to refute the claim. By the end of
November he is mining Tagcoin, with some impressive hashpower - https://bitcointalk.org/index.php?topic=317408.msg3769972#msg3769972 but then he appears to
return to his old tricks shortly after losing a bunch of TAG thanks to a fork:

TAGcoin timewarp attack??? https://bitcointalk.org/index.php?topic=317408.msg3762232#msg3762232 - BCX claims to be timewarp attacking one chain and
promoting another to force a fork against Cryptsy.


GameCoin forked? jan 31st 2014 - https://bitcointalk.org/index.php?topic=435921.msg4823429#msg4823429 - BCX says he "thumped" it for 30 minutes to prove
something


BCX seems to get back into the idea of 51% attacks at the end of Jan 2014, claiming he has developed a modified timewarp attack which is nearly 100%
effective with enough hashpower - https://bitcointalk.org/index.php?topic=440201.msg4853175#msg4853175

Interesting bit of BCX history - he got into BTC with an early ArtForz miner - https://bitcointalk.org/index.php?topic=472120.msg5231661#msg5231661


BCX the mother forker - https://bitcointalk.org/index.php?topic=466601.msg5170050#msg5170050 - BCX says he has forked more coins than he can remember, guess
he must have kept quiet about most of them?


AuroraCoin gravity well timewarp - https://bitcointalk.org/index.php?topic=504103.0 - the famous attack, BCX starts by reminding everyone yet again that he
has forked more coins than he can remember, and now Aurora is in his sights...

AuroraScam? Whilst promoting his KGW exploit BCX also takes time to tell everyone what a scam Aurora is - https://bitcointalk.org/index.php?topic=505534.msg5582018#msg5582018 - certainly was a dodgy coin!


Whilst waiting for AUR block 5400 to launch his KGW exploit, BCX confirms he has attacked "two dozen coins, pools and several exchanges", not sure which
though? https://bitcointalk.org/index.php?topic=504103.msg5660878#msg5660878


March 19th 2014 BCX joins in on "OperationShitcoin Cleanup" - https://bitcointalk.org/index.php?topic=522235.msg5784604#msg5784604

March 27th - ?BCX KGW exploits AuroraCoin? - https://bitcointalk.org/index.php?topic=538085.msg5932754#msg5932754 - As he had proclaimed many times it
appears some form of timewarp exploit screwed the difficulty causing the blockchain to freeze up....although he did keep saying that his KGW exploit was
coming at the block 5400 hard fork?


March 29th - BCX confirms what to expect from his KGW exploit - https://bitcointalk.org/index.php?topic=545475.msg5960759#msg5960759

Someone beats BCX to the AUR attack - https://bitcointalk.org/index.php?topic=546338.msg5961485#msg5961485 - although it was the planned hard fork point it
seems things went haywire


April 1st - BCX says he had started his KGW exploit but then agrees to hold off to allow a fix after dev admits the risk is real -
https://bitcointalk.org/index.php?topic=552895.msg6021008#msg6021008

July - BCX has nothing against Monero, despite claiming he has found some major exploitable flaws in the CryptoNote code he thinks it has potential -
https://bitcointalk.org/index.php?topic=709197.msg8038023#msg8038023


Sept 14th - BCX has changed his position on Monero, now deciding it is a "scam coin piece of shit" - https://bitcointalk.org/index.php?topic=782827.msg8822468#msg8822468

Sept 20th - BCX still has no intention to attack Monero - https://bitcointalk.org/index.php?topic=786201.msg8902644#msg8902644

Sept 20th - Gets very confusing as BCX announces a 72hr countdown to Monero attack then appears to retract it. Price still down significantly compared to
previous week though - https://bitcointalk.org/index.php?topic=789978.msg8907627#msg8907627


So it seems that BCX has only actually completed one attack, and for all we know that was just renting his hashpower to other parties, so we'll have to wait and see whether his Monero exploit materializes.
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September 21, 2014, 04:10:43 AM
 #2

Plus he's not above the occasional doxxing.



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ProGamer
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September 21, 2014, 04:53:11 AM
 #3

Maybe he just wants to see coins burn before he strikes a death blow?

Which is stupid. Why not just get it over with instead watching the panic?
UseTheFax (OP)
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September 21, 2014, 05:06:07 AM
 #4

Maybe he just wants to see coins burn before he strikes a death blow?

Which is stupid. Why not just get it over with instead watching the panic?

I think you're missing the point - over three years BCX has done hardly anything to demonstrate he is capable of striking a death blow. You must of seen posts by heavy duty cryptoheads before, they can't resist littering them with esoteric formulas and lots of maths. BCX doesnt go beyond prices and hashrates yet he spots exploits all the other experts missed?
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September 21, 2014, 05:10:02 AM
 #5

Not sure I see the point of this post.
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September 21, 2014, 05:17:36 AM
 #6

Maybe he just wants to see coins burn before he strikes a death blow?

Which is stupid. Why not just get it over with instead watching the panic?

I think you're missing the point - over three years BCX has done hardly anything to demonstrate he is capable of striking a death blow. You must of seen posts by heavy duty cryptoheads before, they can't resist littering them with esoteric formulas and lots of maths. BCX doesnt go beyond prices and hashrates yet he spots exploits all the other experts missed?

You're kidding, right? BCX has certainly killed coins before, a few of them.

I have a theory that BCX is not working alone, possibly he is still working with Artforz. Artforz is the brains, and BCX has the means (hash power/money.) They have a mutually beneficial partnership and split the profits from exploiting coins. Perhaps they have heavily invested in a different Anon coin and have a lot to gain by killing Cryptonote coins, or they simply plan to profit from the exploit itself.

If you check BCX's post history, he admits he can't code back in2011 in the first few pages of his posts. Someone must write these exploits for him, if he is not working with Artforz anymore then he is working with someone else. I don't think this theory is too far fetched.
UseTheFax (OP)
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September 21, 2014, 05:26:35 AM
 #7

I didnt go through every last BCX post, there's an awful lot of them, but I checked all the threads relating to coin attacks and saw a lot of talk but not many results. If there's some evidence for BCX killing more than one coin someone please feel free to post a link or two.

The Artforz link is certainly plausible, I didnt note links but from the comments I recall I would certainly believe they were connected back when Artforz was active. Hasn't been any sign of him for a while but doesn't mean he isnt keeping touch with old friends, but then that would throw a different light on BCX's recent claims.
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September 21, 2014, 05:42:21 AM
 #8

Was there also something about Litecoin attacks? Then there is also using the attack to acquire a position if the coin survives, or even faking an attack in order to manipulate the price.

Edit: I am convinced that market manipulation plays a strong part here. Not in every case but in some cases.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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September 21, 2014, 05:52:37 AM
 #9

Maybe he just wants to see coins burn before he strikes a death blow?

Which is stupid. Why not just get it over with instead watching the panic?

I think you're missing the point - over three years BCX has done hardly anything to demonstrate he is capable of striking a death blow. You must of seen posts by heavy duty cryptoheads before, they can't resist littering them with esoteric formulas and lots of maths. BCX doesnt go beyond prices and hashrates yet he spots exploits all the other experts missed?

You're kidding, right? BCX has certainly killed coins before, a few of them.

I have a theory that BCX is not working alone, possibly he is still working with Artforz. Artforz is the brains, and BCX has the means (hash power/money.) They have a mutually beneficial partnership and split the profits from exploiting coins. Perhaps they have heavily invested in a different Anon coin and have a lot to gain by killing Cryptonote coins, or they simply plan to profit from the exploit itself.

If you check BCX's post history, he admits he can't code back in2011 in the first few pages of his posts. Someone must write these exploits for him, if he is not working with Artforz anymore then he is working with someone else. I don't think this theory is too far fetched.

Not working alone? Of course he isn't working alone. The  rich and powerful of crypto currencies probably discovered long ago that working as a team was mor profitable.
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September 21, 2014, 06:24:14 AM
Last edit: September 21, 2014, 06:37:34 AM by CoinHoarder
 #10

Maybe he just wants to see coins burn before he strikes a death blow?

Which is stupid. Why not just get it over with instead watching the panic?

I think you're missing the point - over three years BCX has done hardly anything to demonstrate he is capable of striking a death blow. You must of seen posts by heavy duty cryptoheads before, they can't resist littering them with esoteric formulas and lots of maths. BCX doesnt go beyond prices and hashrates yet he spots exploits all the other experts missed?

You're kidding, right? BCX has certainly killed coins before, a few of them.

I have a theory that BCX is not working alone, possibly he is still working with Artforz. Artforz is the brains, and BCX has the means (hash power/money.) They have a mutually beneficial partnership and split the profits from exploiting coins. Perhaps they have heavily invested in a different Anon coin and have a lot to gain by killing Cryptonote coins, or they simply plan to profit from the exploit itself.

If you check BCX's post history, he admits he can't code back in2011 in the first few pages of his posts. Someone must write these exploits for him, if he is not working with Artforz anymore then he is working with someone else. I don't think this theory is too far fetched.

Is It True? Or its just because fits with your profile of monero-bashing posts. Truth is BCX knows he has a legion of trolls to hype up his narrative against Monero, if thats the case you end being just one more of his indirect henchman.

Someone can't take a joke (empty wallet)

What I posted was speculation and my honest assessment that BCX does not work alone after spending hours researching his past the other night. Take it or leave it, I don't care.

You can't deny he has successfully attacked coins in the past, writing it off as a lie would be dumb on Monero's part. If you look through his history when he announced he would attack a coin, there were people saying he was bluffing just like you. Those people turned out to be wrong on several occasions.

Btw... Is it true? Or is it just because it fits your profile of a Monero fan boy <link to every post you've ever made in recent history>  Grin
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September 21, 2014, 06:43:13 AM
 #11

He is a terd.

Thanks for the write-up.
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September 21, 2014, 07:27:36 AM
 #12

LOL another Moneroman88 alt.



~BCX~
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September 21, 2014, 07:46:19 AM
 #13

yes BUT BCX did SFA to sunnykings coins.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
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September 21, 2014, 08:42:30 AM
 #14

Good detective work.
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September 21, 2014, 11:59:11 AM
 #15

LOL another Moneroman88 alt.



~BCX~

Doubt, since this guy actually hold 100 moneros, and provide facts not just shil/troll/FUD.
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September 21, 2014, 12:04:29 PM
 #16

LOL another Moneroman88 alt.



~BCX~

Doubt, since this guy actually hold 100 moneros, and provide facts not just shil/troll/FUD.

It's utterly ridiculous that BCX is as paranoid to think that every single account speaking against him is one of mine. It's not, neither of these are my accounts. Beyond that it's utterly ridiculous to think I have only 100 XMR - I'm all in Monero and in the top list of holders yet I'm not worried the slightest bit about this temporary fall in price caused by trolling/FUDing from BitcoinEXpress to buy in himself. XMR is determined to skyrocket once this small story of the fake exploit is over and forgotten.

Way to go, BCX, FAIL. Thanks for further promoting Monero for the long-term success it manifests.
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September 21, 2014, 12:35:55 PM
 #17

the thread aint true dude, personally Ive witnessed many such takedowns initiated by wow the BCX

~CfA~

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September 21, 2014, 02:24:16 PM
 #18

the thread aint true dude, personally Ive witnessed many such takedowns initiated by wow the BCX

~CfA~

Don't take this post too seriously.



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     WITHOUT COMPROMISE.      
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September 21, 2014, 03:31:20 PM
 #19

the thread aint true dude, personally Ive witnessed many such takedowns initiated by wow the BCX

~CfA~

Don't take this post too seriously.

Anyone going to take seriously an insult made by a coward hiding behind a newbie account?

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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September 21, 2014, 06:05:09 PM
 #20

Maybe he just wants to see coins burn before he strikes a death blow?

Which is stupid. Why not just get it over with instead watching the panic?

I think you're missing the point - over three years BCX has done hardly anything to demonstrate he is capable of striking a death blow. You must of seen posts by heavy duty cryptoheads before, they can't resist littering them with esoteric formulas and lots of maths. BCX doesnt go beyond prices and hashrates yet he spots exploits all the other experts missed?

You're kidding, right? BCX has certainly killed coins before, a few of them.

I have a theory that BCX is not working alone, possibly he is still working with Artforz. Artforz is the brains, and BCX has the means (hash power/money.) They have a mutually beneficial partnership and split the profits from exploiting coins. Perhaps they have heavily invested in a different Anon coin and have a lot to gain by killing Cryptonote coins, or they simply plan to profit from the exploit itself.



If you check BCX's post history, he admits he can't code back in2011 in the first few pages of his posts. Someone must write these exploits for him, if he is not working with Artforz anymore then he is working with someone else. I don't think this theory is too far fetched.

Is It True? Or its just because fits with your profile of monero-bashing posts. Truth is BCX knows he has a legion of trolls to hype up his narrative against Monero, if thats the case you end being just one more of his indirect henchman.

Someone can't take a joke (empty wallet)

What I posted was speculation and my honest assessment that BCX does not work alone after spending hours researching his past the other night. Take it or leave it, I don't care.

You can't deny he has successfully attacked coins in the past, writing it off as a lie would be dumb on Monero's part. If you look through his history when he announced he would attack a coin, there were people saying he was bluffing just like you. Those people turned out to be wrong on several occasions.

Btw... Is it true? Or is it just because it fits your profile of a Monero fan boy <link to every post you've ever made in recent history>  Grin

Well, if you are right Monero is in deep shit.
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