Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MAX] MaxCoin - Alive and Kickin'
by
tanatos
on 08/02/2014, 13:33:30 UTC

This coin is a total failure:

  • developers never heard about testnet, and launched coin in real net
  • released untested binaries, that simply don't run, because developers haven't ever heard about static linking
  • they don't know how to make releases using github release system, and just push zipped binaries
  • they don't know how to prepare source code for compilation, and then push unprepared code to repository (figuring out how to compile that code took me about 15-30 minutes, and I'm one of those "skilled nerds")
  • think about all other people who wanted to participate in launch, and don't know how to compile code
  • official pool "max.rocketpool.co.uk" is stealing maxcoins http://www.reddit.com/r/maxcoinproject/comments/1xcfu2/maxrocketpoolcouk_are_currently_thieves/
  • the only pool that really worked (for me at least) was max.1gh.com until it was DDoSed to oblivion, and official twitter response: https://twitter.com/maxcoinproject/status/431571916764483585  - that it is a scam. You call that a good communitation between developers upon launch??
  • how hard would it be for maxcoin to reach out for people who wish to cooperate before launch. But no - it is better to find out live, who is interested in creating pools.
  • majority of miners are botnet owners right now, I don't want to see the crash when they decide to cash out. I will not be here anyway.

I'm out. If I ever see any article about maxcoin in any major outlet, my response will be exactly what they deserved.

You can quote this whole post on every new page in this thread, and give an address. I will send you 1 MAX to first person on every new page that quotes this. But what's the point, these MAX are worthless anyway. I have about 50 MAX to spend on that.

EDIT: I don't attribute to malice that which can be equally well explained by stupidity. But effect is the same: maxcoin is a failure due to incompetence, not due to malice.

I thought they are making a joke.

First they find themselves "unable" to do a "fair" release just due to this forum not being able to handle the traffic (for some strange reason).

Some hours later, they claim the password protected wallets will be available in the morning, GMT time zone.

There were no wallets in that European morning time.

Then there is this "we got it baby" post on reddit lol and let us not forget their assurances made in the announcement on this forum.


As things finally start, they post three different download links for mac (apple) wallet. As if there is about to be an avalanche of mac users.

Source code for cpu miner.

Follows linux...

The grand finale was a command line windows client. Windows users and the system itself is in a direct opposition to a command line use.  

Also...compiling the source code? Windows? Windows users? Seriously?

For this entire time i was thinking...they are joking...it has to be a joke, but it will harm their credibility nonetheless. It turns out that was their actual "fair for all" "do not worry will provide guides/will give you time" release.

I think the way things were handled (or not handled) deserves them to get a black spot. The credibility of the coin and Max Keiser himself is..well how much of it is left?


Atm the coin is trading at prices surpassing LTC which (guessing!!) hints at pump up action...insider trading amongst each other (early prepared miners) via/with the help of quite some twitter publicity.  
  

edit: minor additions, spelling