Quote from: ITGeniusGuru on March 15, 2014, 04:57:07 PM

Lilly

Quote from: FaircoinExchange on March 15, 2014, 12:38:48 PM

WTS 1 million faircoins (our altcoin group combined all their coins together) for 2.9 BTC.
Will use escrow of your choice. Serious offer. PM me.

So, it looks like FaircoinExchange has "pooled their coins together" to come-up with 1 Million to sell and they hope to get 2.9 BTC for them.

I am not sure I can say the above is the only thing true in this post.
The "pooling together" of "our coins" seems a bit far-fetched to me.
What I know for sure is that everything else below is made-up, fabricated and imagined: do not believe any of it.

To Fraxinus: thank you for the compliment, this installment of my made-up theories goes out to you... enjoy reading.
To DailyModo: your attack is totaly irrelevant, what difference does it make if those who got stiffed were 15000 or only 2000?

And so, here I go...

It's a nice quiet Saturday morning... I am sitting at my computer, with a cup of hot Earl Grey tea, and a QQ chat windows open. It is 8 AM my time, 9 PM Lilly's time in SZ.
We are both wearing our Model ANT-S1 of the Proudly-Made-in-China tinfoil hats.
This particular model uses a secret QQ channel - operating on TCP port 8888 (the number 8 has a special significance in Chinese culture) - to channel our thoughts in both directions, so we read each other's mind as we chat.

Me: Ni Hao Lilly...
Lilly (in her Chinese-accented English): yeah yeah yeah, Ni hao is all the Chinese you know, you lazy old fart. When are you going to learn more words?
Me: Not going to happen... too old for that. Mandarin is the most difficult language in the world, Cantonese (which you speak at home with your family) is even more difficult. But anyway, what's your latest conspiracy theory?
Lilly: I have a lot to talk about tonight. But first, I could not help but notice that the "DEV" guy commented on your last post with only a "LOL", which is actually a smart way to dismiss everything, without denying any of it. We now know he is NOT Chinese, he is a Dutch national by the name of Eelco Fortuijn.
Me: Yeah, you mentioned that name last time, are you sure he is the DEV guy who posts occasionally on this thread?
Lilly: No, that intel is not confirmed yet. I have asked my Chinese undercover ~~agents~~friends on the ground in Amsterdam to look into that. If it is not Eelco himself, then maybe he is an acquaintance, a business associate, a friend, or simply someone who stole Eleco's idea for "Fair"coin. All we know for sure now is that Eelco came-up with the "Fair"coin concept in the second half of 2009...
I interrupted Lilly: 2009? All the way back then? Isn't that also the year Bitcoin was launched?
Lilly: yes, and it is an intriguing coincidence, that I am investigating. Maybe it's just a coincidence, or maybe there's more to it.

Back in 2009, Eelco lived at - or was associated with - the following address:
Overtoom 455-3
Amsterdam, 1054 KH
I have asked two of my ~~agents~~friends to go to that address, sniff around, knock on doors, talk to people.

Other than that, my latest theory is about the mystery of the Million coin automatic deposits. The DEV guy says:
"There is no one with a million coins", which I think is a lie.
We know - for sure - that NJRiot received a Million coins as soon as he downloaded and activated his wallet and he says he was one of the first 10 at the public launch. Either NJRiot is lying, or Eleco is... NJRiot has no motive to lie, Eelco has.
Only a few hours after DEV declared no-one has a Million coins, FaircoinExchange posts a FOR SALE sign for 1 Mil FACs up for grabs, for "only" 2.9 BTC. At today's BTC price, that's almost US$2000... Good luck un-loading 1 Million worthless coins for 2000 Greenbacks. But then again... it may very well happen.

But anyway, back to my new conspipracy theory:
The actual amount of pre-mined FACs was higher than 50 Mil. We do not know for sure how much, maybe 60, maybe 80, maybe even a hundred. And I do not have enough technical knowledge (look at block chains or what have you) to know if there's a way to find-out for sure. But - just for the sake of this theory - let's say 60 Mil.
Eelco had written a script (or otherwise programmed his back-end system) to completely automate the distribution process: just by running the script. every new wallet activated would receive 1 Mil coins (maximum 10 wallets) PRE-launch; and then 1000 coins for every new wallet activated POST-launch (maximum 50000 wallets).
But then, something went wrong... the script continued to deposit 1 Million coins per wallet POST-launch. This - obviously - was NOT supposed to happen.
Panicking, Eleco and his co-conspirators stopped the automated distribution immediately, but not until 15 lucky wallet holders (the very first 15 at launch) had received 1 Mil each (NJRiot was one of them). NJRiot - being the greedy guy that he is - wanted 1000 more, so he redeemed his token and got the 1 Mil taken away from him. The other 14 kept silent and - todate - have the 1 Mil coins in their wallets.
Eelco corrected the problem, and continued the distribution manually, except now he had only 35 Mil to distribue, instead of 50, so 15000 people had to be cut-off.
"Oops, our wallet got corrupted"... he had to say to silence the 15000 who left the launch party with their loot bags empty. I think the "corrupted wallet" is just an all-encompassing excuse for a technical problem he - and his team - are now having (the novice amateur programmers that they are), and they do not know how to fix it.

(Moment of Silence).

Me: WOW Lilly, that's an interesting theory. I know you have a wild imagination, but this makes some sense.

Lilly drew a last puff from her joint and - after few seconds of silence - continued to talk:
Angrily: I noticed that you mentioned my pink panties in your last post, how dare you?
Me: I am sorry about that. I will not do it again. What color are you wearing tonight?
Lilly: I am not telling you. She briefly parted her legs and showed me snow white panties.
Me: maranello1561 wants to see pictures of you.
Lilly: You know I am only a figment of your imagination. I forbid you from publishing any pictures of me.
Me: How about I publish a couple of pictures of your twin sister PARK Nima, and say it's you?
Lilly: Yeah OK, after all, we look exactly the same. She now lives in South Korea, you know that.
Me: Yeah I know, and she's launching her own web site soon.
Lilly: I do not care what she does with her own personal life. Good luck to her.
I go sleep, good night.

And on that note, Lilly stood up and turned off her webcam.

Wow! You must be very bored if you don't have better things to do than fabricating stories like this. No offense. Tongue