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Author Topic: Who has really been scammed by SC (->MC)? A self-report would be helpful...  (Read 3060 times)
Schwede65
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May 21, 2012, 09:26:01 AM
 #1

Not me...  Smiley
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May 21, 2012, 09:52:23 AM
 #2

as said in some previous posting the line between scamming and "using hideous methods to get someones money" is not clearly defined. Imho it shouldnt be a line but some Mandelbrot but nevertheless - there are strong arguments against SolidCoin / Microcash being honest cryptocurrencies and more likely a scam or at least a scheme to rip off people.

1) Early adopter bonus
THis can be said also about bitcoin, though here its not a bonus by design. Whilst the first few million coins were mined in just a few blocks with payouts of - i think - 32coins per block todays coins per block amount is at below 1. That allows early adopters to have a huge share of the overal amount of coins

2) MC Fee structure
From what i read so far MC will have a daily fee structure (How does it apply to cold storages btw?) which is given back to users depending on their coins. If you look at 1) you will clearly see a major bonus for those who had been early in the pyramid.. again.

3) Altering key parameters of a blockchain by will. Realsolid is known to have changed the key parameters of solidcoin2 block generation multiple times and hence is not reliable when he says that x or y will never happen. So if he tells you he wont ever be able to spend 12mil pre-mined coins its not exactly a lie, but it is an assumption based on his current mood and can be changed any second.

4) Realsolid is a known thief. (See takedown of SC2 source code)

Those were facts so far.. now for some things that have been discussed over and over but cannot be proven but look right:

a) "8=====D"
When SC2 emerged there was a miner with that signature in the blockchain that mined > 75% of all (available) blocks yet never sold them.. evidence at that time was strong that this botnet had the sole function as to keep the price stable... and more.

b) "8====D" and DDOSs
"8====D" stopped mining at the exact moments when the Big Five of Bitcoin pools were dossed.. that happened a few times and was visible on Ahimoth's SC2 information page. Once that topic was discussed (massive drop of Hashing speed, disappearance of the Dickminer and DDOS happening at the same time and FOR the same time the SC2 information site was changed.).

c) "Reaper"
Out of nothing and without anyone knowing it someone posted a fully functional GPU miner for a solely for CPU designed Blockchain. Call me a tinfoil hat.. but that all looked too artificial since exactly when people came up with the idea that the dickminer was not a botnet but some gpu miner Reaper emerged and brought sc2 to its salvation.. oh and the dickminer finally totally made its last appearance.

Enough Facts and Fiction?
Schwede65
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May 21, 2012, 11:25:45 AM
 #3

it seems you've misunderstood my question:
report of a personal scam
i didn't find anything in your post...

just a few thoughts to your points:
Facts 1-4
1) Early adopter bonus
this bonus is for everyone: the early bird catches the worm...
even you could have done it...
ask some early (happy) bitcoiner

2) MC Fee structure
we will see when it's released...
but the plan of a small fee of ~ 2 MC$ a year to hold the account seems to me not oversized

3) Altering key parameters
so far as i know: the one-man-show has come to an end, now there is a developer-team...
so with SC, it worked, but i don't think with MC...

4) Realsolid is a known thief
this denunciation is not a fact or have you seen his Character Certificate?
i leave this uncommented

Fiction a-c
a) + b) botnets and DDOS - no comments

c) the reaperV13 made obvious to everyone, that LTC is nicely minable by GPUs...
here i have a personal point, that someone did it in the beginning, so called "botnet", because in this LTC-early-adopter-days i was one of the green miners who bought some LTC and lost some BTC, because of some early LTC-GPU-scammer, who ever they are...
yeah, that's the risk to be an early adopter, or to feel like one Smiley

Etlase2
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May 21, 2012, 11:31:21 AM
 #4

did this:

32coins per block todays coins per block amount is at below 1.

and this:

Quote
Realsolid is known to have changed the key parameters of solidcoin2 block generation multiple times and hence is not reliable when he says that x or y will never happen.

Happen while SC2 was closed source? It'd be nice if a real timeline with links and provable things can be put together. Interestingly, AFAIK there will be no permanent transaction block chain any longer with MC, so I think those earlier awards might end up being history that is not easy to find in the future.

So many accusations are thrown around here like poo at RS and SC that it is hard to keep them separate from the facts. What we just need is to compile a real list backed by evidence and make that easily available for people to judge on their own rather than sifting through posters like BCX.

Quote
c) "Reaper"
Out of nothing and without anyone knowing it someone posted a fully functional GPU miner for a solely for CPU designed Blockchain. Call me a tinfoil hat.. but that all looked too artificial since exactly when people came up with the idea that the dickminer was not a botnet but some gpu miner Reaper emerged and brought sc2 to its salvation.. oh and the dickminer finally totally made its last appearance.

I am not a SC expert and there is very little in actual data on their website, but from perusing the forums I think GPUs were only getting around 2x a CPU, which makes them pretty worthless as far as energy usage goes. Or at least no better than comparable. I don't know anything about "dickminer" or how much reaper could have made a difference.

bulanula
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May 21, 2012, 11:35:18 AM
 #5

Not me either. I love MC ! Grin
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May 21, 2012, 08:35:59 PM
 #6

Not me...  Smiley

Of course not. You are CoinHunter, why would you scam yourself?
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May 21, 2012, 08:50:24 PM
 #7

I have been involved in both mining and buying SC since SC 1.0 and I have not been scammed
nor have I lost any $$ in doing so. My only losing proposition thus far has been in mining bitcoin
and my loss is small and will probably be recovered once I finish selling off the mining equipment.

These digital-crypto-currency/commodies are highly speculative from an investment standpoint
and one should be fully prepared to lose all $$ invested prior to speculation.

If at some point in the future my situation changes regarding being scammed, I will GLADLY
update this thread and the crypto-currency/commodity community.


-ST

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May 21, 2012, 09:30:46 PM
 #8

I have been involved in both mining and buying SC since SC 1.0 and I have not been scammed
nor have I lost any $$ in doing so. My only losing proposition thus far has been in mining bitcoin
and my loss is small and will probably be recovered once I finish selling off the mining equipment.

These digital-crypto-currency/commodies are highly speculative from an investment standpoint
and one should be fully prepared to lose all $$ invested prior to speculation.

If at some point in the future my situation changes regarding being scammed, I will GLADLY
update this thread and the crypto-currency/commodity community.


-ST

You should consider yourself lucky that you've stayed under the radar.  Unlike Bitcoin, your solidcoins can be taken any time by the owner.  Several people on here have had their wallets invalidated by the network, which is possible since solidcoin is not decentralized as advertised.

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Schwede65
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May 21, 2012, 10:06:46 PM
 #9

Not me...  Smiley

Of course not. You are CoinHunter, why would you scam yourself?


yeah, i have been caught by an extremely wise guy...  Grin

Edit: as thick as a brick  Smiley
DonChate
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May 22, 2012, 12:21:40 AM
 #10

You should consider yourself lucky that you've stayed under the radar.  Unlike Bitcoin, your solidcoins can be taken any time by the owner.  Several people on here have had their wallets invalidated by the network, which is possible since solidcoin is not decentralized as advertised.

interesting claim, tell us more about how your wallets were invalidated
SaltySpitoon
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May 22, 2012, 01:58:46 AM
 #11

I played around with SC 1 and early SC 2. Actually guys, there was a time when RS wasn't a douche! That was very early on though. Back then, I actually preferred SC to BTC, as this was back when you had to wait 20 minutes before BTC would even show up in your wallet as unconfirmed, causing a lot of anxious minutes, trying to figure out if I had been scammed or not. I never got burned using SC, but after RS started acting like an asshat I sold off my SC and bought LTC, because at the time, they were fast, and backed by BTC. Then BTC began having faster transaction times, and I went back to BTC.

Long story short, I didn't stay invested in SC long enough to get screwed.

Cosbycoin
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May 22, 2012, 02:18:35 AM
 #12

I played around with SC 1 and early SC 2. Actually guys, there was a time when RS wasn't a douche! That was very early on though. Back then, I actually preferred SC to BTC, as this was back when you had to wait 20 minutes before BTC would even show up in your wallet as unconfirmed, causing a lot of anxious minutes, trying to figure out if I had been scammed or not. I never got burned using SC, but after RS started acting like an asshat I sold off my SC and bought LTC, because at the time, they were fast, and backed by BTC. Then BTC began having faster transaction times, and I went back to BTC.

Long story short, I didn't stay invested in SC long enough to get screwed.

Yes at first RS wasnt a dick but that was for like 10 minutes. Once the initial rally in SC occurred he was like "i'm god and you shall bow to me lowly peasant"

LOL....the rest is history.....
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May 22, 2012, 03:12:30 AM
 #13

Short answer- anyone who bought into the fraud that is ShortBusCoin or StolenIntellectualPropertyCash. The entire premise of both is based on stolen code, stolen intellectual property and stolen branding. They are equally worthless except to a very small circle of insiders who artificially prop up the values, often by grotesque actions attacking the entire bitcoin community.

If you want to carry water for that group, go for it, but perhaps you could take your glowing fanboy adoration over to their forum, it really has no value whatsoever here. Here it just makes you look like another patsy.

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Schwede65
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May 22, 2012, 06:39:09 AM
 #14

Several people on here have had their wallets invalidated by the network, which is possible since solidcoin is not decentralized as advertised.

please give us facts about these invalidated wallets, not only empty suggestions...
Nachtwind
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May 22, 2012, 08:03:20 AM
 #15

1) Early adopter bonus
this bonus is for everyone: the early bird catches the worm...
even you could have done it...
ask some early (happy) bitcoiner
That bonus applies to bitcoiners as well, there you are right.. but not the way it does/did for SC users. In bitcoin coin generazion drops from 50 to 25 - not from 32 to 0.X... and not all of a sudden but with a plan in mind..


2) MC Fee structure
we will see when it's released...
but the plan of a small fee of ~ 2 MC$ a year to hold the account seems to me not oversized
And WHY is there a fee? Does it have any legitimation? And reason to be there? Especially: Who is the benefitor? Maybe those chosen few who have 9/10 of all coins?


3) Altering key parameters
so far as i know: the one-man-show has come to an end, now there is a developer-team...
so with SC, it worked, but i don't think with MC...
We have heard the fairytale of the industries best crypto specialists also in SC2. As it turned out SC2 was only a result of plagiatism hence theft of intellectual property maintained by a one.man show.

4) Realsolid is a known thief
this denunciation is not a fact or have you seen his Character Certificate?
i leave this uncommented
See my answer to 3.

a) + b) botnets and DDOS - no comments
Comment as much as you like, but if you look at the early blockchain you will notice the dickminer and if you look up for when there was a major drop in hashing speed of the big BTCPools you will notice the dickminer disappeared. Not exactly evidence, but a damn good correlation.

c) the reaperV13 made obvious to everyone, that LTC is nicely minable by GPUs...
No.. i meant its predecessor. Solidcoin2 was meant to be a CPU only chain until all of a sudden a GPU miner was released with RealSolid being the first one to cheer about it..
Schwede65
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May 22, 2012, 09:00:40 AM
 #16

again: i haven't read anything about YOU concerning this theme

c) the reaperV13 made obvious to everyone, that LTC is nicely minable by GPUs...
No.. i meant its predecessor. Solidcoin2 was meant to be a CPU only chain until all of a sudden a GPU miner was released with RealSolid being the first one to cheer about it..

LTC too has come out as a CPU-only-chain

i did a personal statement of being scammed by this currency, like - i think - several others...

... but i haven't been scammed by SC  Smiley

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May 22, 2012, 09:06:17 AM
 #17

That bonus applies to bitcoiners as well, there you are right.. but not the way it does/did for SC users. In bitcoin coin generazion drops from 50 to 25 - not from 32 to 0.X... and not all of a sudden but with a plan in mind..

To be fair, at least the system is inflationary and not restricted so there is no insane amount of control that the early adopters could have over the currency via the supply itself... BUT THEN the CPF exists and throws that out the window.

Quote
And WHY is there a fee? Does it have any legitimation? And reason to be there? Especially: Who is the benefitor? Maybe those chosen few who have 9/10 of all coins?

The legitimacy of the fee is in serious doubt by anyone who isn't eating from the hand of RS. Even by some of those that do.

Quote
No.. i meant its predecessor. Solidcoin2 was meant to be a CPU only chain until all of a sudden a GPU miner was released with RealSolid being the first one to cheer about it..

Respond to my statements about this. From what it looks like to me is that something is being blown out of proportion here. I think you're looking for a conspiracy where there isn't one. But I can't say for sure because your facts are seemingly hearsay.

"if you look at the early blockchain you will notice the dickminer and if you look up for when there was a major drop in hashing speed of the big BTCPools you will notice the dickminer disappeared. Not exactly evidence, but a damn good correlation."

provide links and explain this correlation for someone who was not here when this happened. None of this groks for someone not knowing the whole story.

I really suggest a sticky thread or something that unbiasedly puts this information together. I'd do it but I wasn't here so I am not intimately familiar with what happened and I won't go off hearsay.

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May 22, 2012, 12:06:10 PM
 #18

Why bother? If somebody needs information about ShortBusCoin, or any of the derivatives there is a whole forum devoted to just that subject. While the inspiration, code, and concept were taken from here, this is not that forum, and it has no need of providing stickied resources for the two or three potential users who would need any information about these shallow, worthless copycat coins.

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Etlase2
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May 22, 2012, 12:25:22 PM
 #19

Why bother to actually put some thought and evidence into a thread to dissuade newbies rather than them wading through the myriad of unsubstantiated FUD that all of you who love to rage against solidcoin do?

Nah let's just continue the 10-year-old style back and forth between two sets of mouth foamers.

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May 22, 2012, 04:40:59 PM
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That bonus applies to bitcoiners as well, there you are right.. but not the way it does/did for SC users. In bitcoin coin generazion drops from 50 to 25 - not from 32 to 0.X... and not all of a sudden but with a plan in mind..

To be fair, at least the system is inflationary and not restricted so there is no insane amount of control that the early adopters could have over the currency via the supply itself... BUT THEN the CPF exists and throws that out the window.

Quote
And WHY is there a fee? Does it have any legitimation? And reason to be there? Especially: Who is the benefitor? Maybe those chosen few who have 9/10 of all coins?

The legitimacy of the fee is in serious doubt by anyone who isn't eating from the hand of RS. Even by some of those that do.

Quote
No.. i meant its predecessor. Solidcoin2 was meant to be a CPU only chain until all of a sudden a GPU miner was released with RealSolid being the first one to cheer about it..

Respond to my statements about this. From what it looks like to me is that something is being blown out of proportion here. I think you're looking for a conspiracy where there isn't one. But I can't say for sure because your facts are seemingly hearsay.

"if you look at the early blockchain you will notice the dickminer and if you look up for when there was a major drop in hashing speed of the big BTCPools you will notice the dickminer disappeared. Not exactly evidence, but a damn good correlation."

provide links and explain this correlation for someone who was not here when this happened. None of this groks for someone not knowing the whole story.

I really suggest a sticky thread or something that unbiasedly puts this information together. I'd do it but I wasn't here so I am not intimately familiar with what happened and I won't go off hearsay.

You have to understand that people like you pop up about once a week. You haven't been following the conversation since the beginning of Solidcoin and for some reason can't click on a persons post history (Coinhunters) and read what has already been said on the subject.

You then claim that the information you have seen so far is incomplete, and you cannot draw any conclusions from it. That statement is true, and you should not draw any conclusions from the small bit of the play you have seen. Unfortunately, some of the best actors deleted their own performances when their true identities were discovered (Viper and Psi).


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