News Flash! Spoetnik goes into hiding.

[adhitthana]

If your currency/project can't take a Spoetnik attack, and feels the need to take legal action against him......it's not a very good sign.
If S. is just trolling, then no worries, but he's not the only guy bringing up the red flags, and there is actually some evidence in the form of chatlogs.

This is no longer about the currency but about a legitimate businessman's reputation.

but honestly is that something new here, i dont think so, i watched the fudstorm against syscoin, experienced the sharexcoin-exchange, moolah/mintpal, cryptorush

Whether there is something "new" is not relevant from a legal perspective. Also I don't think those developers were as open about their identities and this is very important.

i saw the war between the cryptonotes and so on, it's nothing new and nothing special, the only real option is to show that the accusations are not true.

Legally morally and practically that is not the only option. The first option is for those who have defamed Dan to either come up with evidence or apologise.

but if they are true i think we are going deeper into the rabbit hole then ever... don't know which will be the results after the waves calm down, but i bought
my popcorn.
cheers

There is not the slightest reason from what we have seen here to believe the rather absurd accusations are true. If there was any real reason we would have seen it by now. What we have seen is a campaign of defamation with no  basis in reality, hosted by this site.

[qawzsx]

Don't worry i will be present when he is away...

GTFO, you're just a stupid maggot with no brain )))

[PhattyBanks]

we're still here and we won't stop until Bittrex offers a buy back like the Cluster coin scam

the right thing for Trex to do

[qawzsx]

we're still here and we won't stop until Bittrex offers a buy back like the Cluster coin scam

the right thing for Trex to do

You can take this _!_ up your ass, I invested too, and I don't want a buy back so suck it

[PhattyBanks]

then you can HODL

[qawzsx]

then you can HODL

Bunch of idiots. I bet you don't even own XC or Blocknet

[DreamSpace]

If your currency/project can't take a Spoetnik attack, and feels the need to take legal action against him......it's not a very good sign.
If S. is just trolling, then no worries, but he's not the only guy bringing up the red flags, and there is actually some evidence in the form of chatlogs.

This is no longer about the currency but about a legitimate businessman's reputation.

but honestly is that something new here, i dont think so, i watched the fudstorm against syscoin, experienced the sharexcoin-exchange, moolah/mintpal, cryptorush

Whether there is something "new" is not relevant from a legal perspective. Also I don't think those developers were as open about their identities and this is very important.

i saw the war between the cryptonotes and so on, it's nothing new and nothing special, the only real option is to show that the accusations are not true.

Legally morally and practically that is not the only option. The first option is for those who have defamed Dan to either come up with evidence or apologise.

but if they are true i think we are going deeper into the rabbit hole then ever... don't know which will be the results after the waves calm down, but i bought
my popcorn.
cheers

There is not the slightest reason from what we have seen here to believe the rather absurd accusations are true. If there was any real reason we would have seen it by now. What we have seen is a campaign of defamation with no  basis in reality, hosted by this site.

--> First rule here: do not believe anything, i will watch this and i'm watching this, because i wanted to invest some bucks in blocknet.

By comparison, the grief that Spoetnik has brought on XC and Blocknet is just a little tiny droplet compared to the grief Nxt has gone through on here.......but Nxt is a solid project, and FUD means nothing in the long term.

it is exactly as easy as mentioned from EvilDave, if BlockNet is a solid project, all will be fine, if not i am not sure which side will have to face legal actions.

[cassius69]

If your currency/project can't take a Spoetnik attack, and feels the need to take legal action against him......it's not a very good sign.
If S. is just trolling, then no worries, but he's not the only guy bringing up the red flags, and there is actually some evidence in the form of chatlogs.

This is no longer about the currency but about a legitimate businessman's reputation.

but honestly is that something new here, i dont think so, i watched the fudstorm against syscoin, experienced the sharexcoin-exchange, moolah/mintpal, cryptorush
i saw the war between the cryptonotes and so on, it's nothing new and nothing special, the only real option is to show that the accusations are not true.
but if they are true i think we are going deeper into the rabbit hole then ever... don't know which will be the results after the waves calm down, but i bought
my popcorn.

cheers

The difference is that Dan is not an anon dev.   His real life business reputation is being slandered here and MILLIONS of XC marketcap evaporated due to these fudsters which causes real monetary damages that you can measure.

alt market caps evaporate all the time mainly because no one uses the coin. its going to be impossible to prove that fud caused the downfall.

[Spoetnik]

Don't worry i will be present when he is away...

yeah i assumed you all would.. life goes on with or with out me LOL

i had said i had been planning on moving and will be offline pretty much more than 3+ months ago now and many times since.
if any of you have moved before you know how that works ..it's called life !

the guys on Cryptsy chat should recall me saying this on their chat box before i got banned. (which was months ago by now)

in hiding ? for what ? implying i have some reason to hide ? Kelowna BC, Canada.. K Town biaaatch come and get it
We roll with "Straight oughta Rutland" stickers on our Trucks motherfuckers this shit is Compton up in here ahahhaha
Come on down to my town and we'll show you candy ass punks how we all do it !

PS:
I will make damn sure to use one the many connections available to me such as the other 12 where i live or the Library with free Internet access

Jiding ? ohhh heeeel no he didn't !
I am going make sure to be even more visible and even more of a nuisance now LOL

..never poke the bear dumb little scammer dipshits ahahhaha

[vgolitsyn]

If your currency/project can't take a Spoetnik attack, and feels the need to take legal action against him......it's not a very good sign.
If S. is just trolling, then no worries, but he's not the only guy bringing up the red flags, and there is actually some evidence in the form of chatlogs.

This is no longer about the currency but about a legitimate businessman's reputation.

This would mean Crypto is a legitimate business which he would need to pay a load of taxation and licenses.

I agree 100 %

[BitcoiNaked]

Don't worry i will be present when he is away...

in hiding ? for what ? implying i have some reason to hide ? Kelowna BC, Canada.. K Town biaaatch come and get it
We roll with "Straight oughta Rutland" stickers on our Trucks motherfuckers this shit is Compton up in here ahahhaha
Come on down to my town and we'll show you candy ass punks how we all do it !

[TaunSew]

Spoetnik hiding among Mormons and German farmers in the mountains?  Should be easy to find

Spoetnik the internets is coming after you!!  It's going to be a long ass bus ride from Boston but Dan Metcalfe is gonna find you!!

[rokkyroad]

"So yes, many people become very quiet when they're faced with the realistic possibility that they're going to have to defend against a libel claim even if what they said is true. Because it's all very well to defend, but if it costs $10,000 to defend a true comment, well you're out $10,000. How much is it worth?"

Source: https://ca.news.yahoo.com/libel-chill-quashing-negative-online-090000416.html

It comes down to how much are you willing to pay to prove you are right. If a big dawg comes after you its going to cost one way or the other.  You have to lawyer up or risk having a hefty judgement ruled against you.

[DreamSpace]

"So yes, many people become very quiet when they're faced with the realistic possibility that they're going to have to defend against a libel claim even if what they said is true. Because it's all very well to defend, but if it costs $10,000 to defend a true comment, well you're out $10,000. How much is it worth?"

Source: https://ca.news.yahoo.com/libel-chill-quashing-negative-online-090000416.html

It comes down to how much are you willing to pay to prove you are right. If a big dawg comes after you its going to cost one way or the other.  You have to lawyer up or risk having a hefty judgement ruled against you.

After all the wars, lies, scams and campaigns here and all the other bs, but this post above is marking a all time low in this forum for me.

But can anyone say something about these issues?

Normally I'd just laugh this out when empty threats of suing comes up, but I couldn't resist and I wanted to slander some. I think OP sucks dick for a living ROFL. So sue me cocksucker.

Where is the millions evaporating? The XC scumbags dumped the last of their XC while announcing their shit scam a week or so ago, just like they do with all of their announcements. Instead of question them back about the premine audit, open source code, whitepaper etc, they just want to cheer away and dump crap on newbies. And when their scam begins to show up, they threaten with empty shit.

Sue me scumbag.

So XC had a premine and they dumped it before BlockNet ITO ?
How big was the premine, can't find it in the ANN ?
How long was the Proof-of-Work phase (in days)?
I assume XC is not really full closed-source, where can i find the open-sourced code from XC ?

[Spoetnik]

Hey OP thanks to your big mouth i just got back from talking to my landlord and i put off moving until AFTER winter.

I am NOT going anywhere.

Don't poke the bear with a stick dipshits LOL

shoulda kept your big mouth shut

[UnicornFarts]

Hey OP thanks to your big mouth i just got back from talking to my landlord and i put off moving until AFTER winter.

I am NOT going anywhere.

Don't poke the bear with a stick dipshits LOL

shoulda kept your big mouth shut

LolLol they are desperate

[DreamSpace]

"So yes, many people become very quiet when they're faced with the realistic possibility that they're going to have to defend against a libel claim even if what they said is true. Because it's all very well to defend, but if it costs $10,000 to defend a true comment, well you're out $10,000. How much is it worth?"

Source: https://ca.news.yahoo.com/libel-chill-quashing-negative-online-090000416.html

It comes down to how much are you willing to pay to prove you are right. If a big dawg comes after you its going to cost one way or the other.  You have to lawyer up or risk having a hefty judgement ruled against you.

After all the wars, lies, scams and campaigns here and all the other bs, but this post above is marking a all time low in this forum for me.

But can anyone say something about these issues?

Normally I'd just laugh this out when empty threats of suing comes up, but I couldn't resist and I wanted to slander some. I think OP sucks dick for a living ROFL. So sue me cocksucker.

Where is the millions evaporating? The XC scumbags dumped the last of their XC while announcing their shit scam a week or so ago, just like they do with all of their announcements. Instead of question them back about the premine audit, open source code, whitepaper etc, they just want to cheer away and dump crap on newbies. And when their scam begins to show up, they threaten with empty shit.

Sue me scumbag.

So XC had a premine and they dumped it before BlockNet ITO ?
How big was the premine, can't find it in the ANN ?
How long was the Proof-of-Work phase (in days)?
I assume XC is not really full closed-source, where can i find the open-sourced code from XC ?

already answered thanks

[rokkyroad]

Hey OP thanks to your big mouth i just got back from talking to my landlord and i put off moving until AFTER winter.

I am NOT going anywhere.

Don't poke the bear with a stick dipshits LOL

shoulda kept your big mouth shut

That is great news! Glad you didn't run away. Keep up the good fight! 

[jwinterm]

"So yes, many people become very quiet when they're faced with the realistic possibility that they're going to have to defend against a libel claim even if what they said is true. Because it's all very well to defend, but if it costs $10,000 to defend a true comment, well you're out $10,000. How much is it worth?"

Source: https://ca.news.yahoo.com/libel-chill-quashing-negative-online-090000416.html

It comes down to how much are you willing to pay to prove you are right. If a big dawg comes after you its going to cost one way or the other.  You have to lawyer up or risk having a hefty judgement ruled against you.

There's a difference between posting a review of a business on yelp or google reviews or something, which is what the link you posted was regarding, and speculating on a forum that is awash with rumor and speculation.

See these excerpts from an EFF overview page ( https://www.eff.org/issues/bloggers/legal/liability/defamation ) regarding online libel:

...courts have said that statements made in the context of an Internet bulletin board or chat room are highly likely to be opinions or hyperbole...

also:

Is there a difference between reporting on public and private figures?

Yes. A private figure claiming defamation—your neighbor, your roommate, the guy who walks his dog by your favorite coffee shop—only has to prove you acted negligently, which is to say that a "reasonable person" would not have published the defamatory statement.

A public figure must show "actual malice"—that you published with either knowledge of falsity or in reckless disregard for the truth. This is a difficult standard for a plaintiff to meet.

Metcalfe is clearly a public figure, and so he would have to meet the very high standard that there was "actual malice". Considering the amount of rumor and innuendo and (possibly doctored) evidence that floats around here, and is the basis for Spoetnik's and other people's speculation and accusations of scam, I seriously doubt there is any chance he would be able to launch a successful case. There's really no need to lawyer up if a judge throws the case out as soon as the plaintiff makes the accusation.

[DreamSpace]

"So yes, many people become very quiet when they're faced with the realistic possibility that they're going to have to defend against a libel claim even if what they said is true. Because it's all very well to defend, but if it costs $10,000 to defend a true comment, well you're out $10,000. How much is it worth?"

Source: https://ca.news.yahoo.com/libel-chill-quashing-negative-online-090000416.html

It comes down to how much are you willing to pay to prove you are right. If a big dawg comes after you its going to cost one way or the other.  You have to lawyer up or risk having a hefty judgement ruled against you.

After all the wars, lies, scams and campaigns here and all the other bs, but this post above is marking a all time low in this forum for me.

But can anyone say something about these issues?

Normally I'd just laugh this out when empty threats of suing comes up, but I couldn't resist and I wanted to slander some. I think OP sucks dick for a living ROFL. So sue me cocksucker.

Where is the millions evaporating? The XC scumbags dumped the last of their XC while announcing their shit scam a week or so ago, just like they do with all of their announcements. Instead of question them back about the premine audit, open source code, whitepaper etc, they just want to cheer away and dump crap on newbies. And when their scam begins to show up, they threaten with empty shit.

Sue me scumbag.

So XC had a premine and they dumped it before BlockNet ITO ?
How big was the premine, can't find it in the ANN ?
How long was the Proof-of-Work phase (in days)?
I assume XC is not really full closed-source, where can i find the open-sourced code from XC ?

very chaotic all, just doing it for personal overview

I. So XC had a premine and they dumped it before BlockNet ITO ?

an overview:
http://cointelegraph.com/news/112830/the-alt-cracks-1030-xc-spends-its-premine-nxtty-is-released-shaq-talks-quark-more

looks not like transparency.. but here a comment from a member of the development team:

Anyone buying this needs to read the XC thread.  The developers of this are the same ones in XC who dumped all their premine before starting blocknet.

is this actually confirmed?
XC seemed to be the only currency that has working anonymity and many other features that other coins only promise to deliver

It would be stupid to dump XC premine right when blocknet ICO is running

Hi all

I can now give some clarity on the status of XC's premine:

- The premine has been completely spent since mid September.

- Dan has been part-funding XC's development since day one (XChat and the multipool, among other things), and funding it entirely since Rev 2.

- Dan will continue to fund XC's development, and so nothing about the source of the funding or the pace of development will change.

- Specifically, XC's funding comes from Dan's corporation, which has pioneered IP over RF in marine environments.

- The premine was not dumped or traded for profit at any stage.

- The premine was used exclusively for paying for XC's project - that is, for Teka and I to work, for websites, PR expenses, the ATM deal, etc.



XC is, and will continue to be, Dan's baby. He has personally invested over 1000 hours of his time into it.
Since it's been developed at his own expense for some time, you have good reason to believe that he won't just lose interest.
His personal stake is significant, and this serves to increase his commitment.

II. How big was the premine, can't find it in the ANN ?

2% iirc with the last of it at this address: https://chainz.cryptoid.info/xc/address.dws?XS4QLi6VpQQo79HLkoFBj5YZkn6p6TuLKG.htm

You can see it wound down.

XC as it is currently isn't open source, but their old mixer is.

III. How long was the Proof-of-Work phase (in days)?

Also...

In the words of our pig, Dan:

"Yes I estimated 99k premined - but it was 130k coins - these coins will be used for bounties, and coin development .. 130k out of 17Million....

wallet addres of pre-mined blocks - XQXEFhfWZLTczMSwXWnhJ5y36KodfSnGCm
"

After a while the fucker shrinked the total amount of coins from 17M to 5M because of some bullshit excuses... while keeping the same 130k premine. What a great way of tripling your money, heh ? Anyways, these things added up and made me think multiple times before putting my hard earned money into this shitclone.

i am not sure, was the POW phase shortened?

IV. I assume XC is not really full closed-source, where can i find the open-sourced code from XC ?

only the old mixer is open-source, so i am woundering why the people saying the tech is so advanced, i am right that noone really knows (beside the dev-team) and where can i find the old mixer code?
but they want to release some code from XBrigde as Proof-of-Concept, which should be done as soon as possible in my opinion.


// and Bittrex will pull up buy walls after the ITO ends, Bter BlockNet trading seems disabled (#edit is back again!), actually it looks very modest.

An announcement from Bittrex regarding the ITO:

BlockNet ITO - What happened and next steps.

First off, let me thank all our users for their patience on the matter.  We are actively working with everyone to ensure the best outcome for all parties. Before we get started, I want to provide a little background.  BlockNet was the first ICO we agreed to do where we didn't have complete control of the coin supply. We've learned our lesson, we will not be participating in any offering where we are not in a position to enforce agreed upon terms.

Somewhere along the way, there was a miscommunication and BLOCK coins were released for both trading and staking.  By enforcing the escrow terms, we put Bittrex users at a disadvantage.  To remedy this, we will put up a buy wall at the ITO price for 48 hours after the ITO ends on November 5th.  We will not allow deposits or withdrawals during this 48 hour window.  This will allow any users wanting a refund to receive one.  Once this window closes, we will pull the buy wall and evaluate the escrow terms.  If everything checks out, we will release the funds to the developer and open the wallet and market for trading.
 

Thank you Bittrex! This is really awesome.

one voice of the XC community which i think should be mentioned..

Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly. 

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.

we will see how it will end, i have no clue
regards