Quote from: ITGeniusGuru on March 14, 2014, 05:03:55 AM

Quote from: ickyt2012 on March 14, 2014, 04:15:39 AM

I was here at launch
1. received 1million coins soon as I downloaded wallet
2. I had to take my code and register it
3. after doing that the coins disappeared

After distributing 1000 FREE coins to each of 35K "lucky" people, the incompetent amateurs known as "DEV" declared their wallet "corrupt" and left 15K people holding the bag. An empty bag they brought to the launch party hoping to fill it with free "fair"coins.

The above is the only thing true in this post. Everything else below is made-up, fabricated and imagined: do not believe any of it.

As I sat at my computer, staring at my QQ chat window, displaying the webcam video of my business contact in SZ (her name is Lilly), she took a long puff of her cannabis joint, adjusted her tinfoil hat, pushed away a strand of her long thick black hair, and started to talk in her Chinese-accented English.

"So...
I have spent the day gathering intel.
I went back and read the whole thread from the beginning, all 126 pages.
I did some research on the internet and talked to Chinese friends who live and work in Spain and Holland.
It looks like the "DEV" team is a group of math geniuses, headed by someone by the name of Eelco Fortuijn.
About 11 years ago, Eelco founded a non-profit organization called "Fair"food International.

"Fair"food is an international non-profit organisation. Our mission is to improve the socio-economic conditions of vulnerable people in the global food system and the sustainable use of natural resources.

From securing "fair"food to "vulnerable people in the global food system" came the idea of distributing "fair"coins to vulnerable bitcoin-less people in the global cryptocurrency system

But Eelco also wanted to get rich... filthy rich.

He has been following bitcoin and cryptocurrency for years and finally, in January 2014, when his master plan was ready, he went to Privacy Protection Service INC (based in Ausralia) to register the web site fair-coin.info as an anonymous entity. After all, we don't anyone to know his real identity.

He announced to the world 50 Million "Fair"coins would be distributed "fairly" to 50K people. Each would have a fair chance of getting 1000 Free coins.

Before the public launch, Eelco spent some time creating tens of private wallets. He programmed his "Fair"coin system to automatically deposit 1 Million coins upon the creation of a new wallet. This automatic deposit would have to be stopped AFTER tens of private wallets would have been created - and belonged - to him, his friends, relatives, and team members; and immediately BEFORE the launch to the public.
Alas, we now know that at least one guy - who came forward and announced it to the whole world - received the automatic deposit upon the creation of his wallet. This was not supposed to happen.

Eelco's master plan was under way and people - around the world - started to download the Faircoin-QT wallet. But Eelco had anticipated the one major obstacle to him getting VERY wealthy.
HOW TO CREATE DEMAND FOR THE WORTHLESS COIN, SO THAT - WHEN IT HITS THE EXCHANGES - PEOPLE WILL JUMP FEVERISHLY ON IT TRYING TO BUY IT, and drive its price up?

Ahh... simple, we'll stop distribution at the 35K mark (Oops, our wallet got corrupted), and leave 15K people wanting. They will be so wanting of the free worthless coin that they would be willing to pay good money for it as soon as the original 35K people start selling. We - Million Coin wallet holders - we just sit back and watch it all unfold, as the controversy and the demand drives the price up. At the opportune moment - maybe after one or two years - we cash-in on our wealth.

Bunch of incompetent amateurs my ass... they - or rather he - is a master of deception."

As Lilly took one last puff of her joint, I continued to stare - with a stunned look - at her beautiful face.
"You've just made all that up, didn't you?" said I.
"Take it or leave it, you don't have to believe me, do your own research. It's getting late, I will go sleep." Said she.
And - like she does every day - she got up -purposely showing me a glimpse of her pink panties - and turned off her webcam.

Fiction or not, this was well written en kept me reading.