Post
Topic
Board Bitcoin Discussion
Re: Piece of Shit Bitcoiners et al. Hall of Fame
by
TPTB_need_war
on 03/04/2016, 23:05:42 UTC
None of the issue was hidden.

Document where it has always been in the official prospectus.

An instamine is a premine...

What? Say again.

Q: What is the difference between a premine and a group planning to instantmine over a very short window of time 31.2% of the coins with overwhelming rented cloud hashrate and using multiple techniques of obscuring the plan and obscuring that the rate of issuance will be so fast that if you don't mine immediately, you do not get a portion on this 31.2%.

A: Former is honest, latter is deception. No functional difference on distribution fairness and implications on whether the market is manipulated by those who control the coin supply.

Add the fact of the masternode scheme which is paying coins to the developer.

Are you referring to Decentralize Budget System? People vote and the network hire devs.

Those who control the coin supply vote, but they are the same insiders who stole the coin supply, thus the "Decentralized" term is another deception of this scam.

And remember you can only vote if you lockup 1000 DRK as a masternode. Which excludes lunch money investorsfools and also this lock up removes the voter from the float thus making the market more manipulatable by the insiders.