Re: [ANN] [BTCP] BitcoinPrivate: A Truly Private Bitcoin [Equihash]
There's a ton of bugs in BTCP. I was messing around with some wallets and so far I've been able to claim BTCP from the SAME amount of btc, over and over and over and over again. I think it's a wallet issue but I've been able to move them from wallet to wallet so I don't know, it's ridiculous. Haven't tried moving them to an exchange yet but I have over 2000 BTCP. Catch my twitter if you don't believe me and I'll screen shot @QuiNguy_N
Very interesting post.This is concerning. Can anyone else verify this as true ?
So lets hypothetically assume that what you are saying is correct and Rhett and/or the devs or whoever set things up this way are totally aware of this and they are continually replicating/forging BTCP coins and and moving the coins onto the few existing exchanges supporting BTCP and then selling the BTCP for whatever best price they can get at the time. Whatever price they get for the BTCP does not matter b/c they are forged coins and cost them nothing. This would mostly cause a continual devaluation of the price of the BTCP coin and it would also be putting an unknown ammount of forged BTCP coins into the system. Perhaps millions of BTCP coins may have been forged to date. How would you know or check how many extra coins may be in the system
There is so much price manipulation and scamming in this crypto space.
@Rhett Creighton and/or devs you really need to man up and come onto this thread and explain to everybody WTF is or is not going on with BTCP/Whalecoin/Zclassic.
Don't believe everything you hear.
What that guy just described is impossible to achieve.
Please explain why in your mind it is impossible ?
Anything is possible !!
Do you not think of the reality that some of the larger and smaller tokens/coins out there are coded with a back door and/or some other way of creating extra coins/tokens they can print up whenever they want. Or maybe coded to occur at a pre determined time/date........
We are in an unregulated market for the most part.
It is really no different to the central bankers printing extra currency when ever it suites them.