FROM OP:
"RE-LAUNCH INCOMING
3 days or less, hopefully tomorrow
THIS IS FUBAR, STOP MINING. OUR CURRENT DEV IS AWOL AND WE NOW HAVE A NEW DEV. WE WILL RE-LAUNCH TOMORROW AND IF THAT LAUNCH FAILS WE WILL BE SENDING BACK ALL THE IPO INVESTORS"
So... STOP SPREADING BASELESS FUD like "oooh op is running away with the IPO"
Failed launches happens. The responsible and sane thing to do is relaunch, OP is doing it correctly.
And i'm sorry if you rented rigs and got shafted, thats just the way it goes. Nobody has guaranteed you anything, if you actually owned rigs you'd waste some of your mining time and electricity only. It was announced fairly quickly that launch was a dud.
TLDR: Theres no scam here, come back to mine on relaunch or not, but dont spread fud for no reason!
"Failed launches happens."
With 70BTC IPO there is not enough money to make a launch smooth, set up pools, give proper support to set up miners, provide a client that actually works? With 70BTC IPO they hire a new dev that need 3 fucking days to fix a coin clone?
You gotta kidding still defending this shit
1: WHERE does it say his bitcoins are from the IPO? that is information you dont have!
2: Failed launches does happen, yes! Has happend before, will happen again. OP cant help if he gets a AWOL coder.
3: Pools are not normally Coin devs doing or responsibility
4: Telling everyone to stop mining and relaunching is the RESPONSIBLE thing to do.
5: You dont risk what you dont put on the table, dont bet with your life savings or something you cant afford to lose. This is teh internets, trust no one!
You are a moron actually believing this shit. After all the IPO shit that happened, after wolong and the whole scam crap, you still dont get it.
There have been successful coin launches over and over again without one single fucking Bitcoin IPO nor even premine.
And I don't fucking care where the bitcoins come from. Serious honest businessmen would show some transparency and use their investment to get the BASICS of the fucking business running. GPUcoin was exactly the same shit that wolong did and still people falling for it.