Quote from: crunchynut on May 07, 2014, 03:31:09 PM

Quote from: usao on May 07, 2014, 02:34:26 PM

Wondering what's going on. Ive been out for a week and came back to see no more staking in my wallet.
Then I saw over 100 pages of new content with the mention of scam going on?
Ive spent over an hour trying to catch-up, but was wondering if there is a quick summary somewhere?
What are my options for my existing AC in my wallet?

the race for dumping the coins is supposed to start today. keep an eye on the forum and the exchanges. there will be a modified wallet. better try to run in it a secured environment because nobody really knows these "devs" that are now jumping in to "save" the coin.

not sure if there will be any buy orders on the exchanges but if there are some you have to be fast because everybody will try to get out of this scam and whatever these unknown dev are planning for the second round of scamming. your only chance is that some of the "masterminds" behind the scam will first enter some buy orders to fake demand and pump the price before dumping their coins.

it's also unknown how many of the billions of premined coins the original dev managed to move to other accounts. he for sure will do everything to convert his scam coins into other coins. so, being fast is key in this operation.

unfortunately, the unknown devs have direct contact with the greedy exchanges and somehow managed to convince them that normal users like you can't get any coin in or out while they were still allowed to trade their scam coins into other currencies. to be honest, it doesn't look good for small investors like you. too many players in this game that have the means and the chutzpa to make a profit of you.

When you state your opinion, it's fine. When you state facts, you need to be sure (people are entitled to their own opinions, people are not entitled to their own facts). The bold part is factually incorrect. It is clear how many coins the original developer moved around as we can track every single transaction. In the release that we shared with the exchanges, all of his coins are invalidated, meaning that he cannot do what you claim he will do.

We invite everyone to look into the source code on how this is done and verify it in the blockchain.