Quote from: MEGAman on June 19, 2014, 10:44:49 AM

Quote from: kalisto on June 19, 2014, 10:39:53 AM

Quote from: MEGAman on June 19, 2014, 10:35:56 AM

I love how the people "mining" this are actually just indirectly buying part of the dev's premine while also keeping the price (barely) afloat. Of course the ship will sink soon enough but they need to keep it bobbing until they can dump the last of their coins. I believe they had about 10,000,000 coins to unload all together after their massive premine and early miner rental for the instamine at zero difficulty. Yet people are still "mining" it and buying it. Wow. You could cut the stupidity in here with a knife.

And so the fudding starts in front of the white paper release...

Hahaha yes - the big "white paper release" - I'm sure it will make everyone millionaires overnight. Roll Eyes

By the way - I will say I'm glad the dev finally updated the OP to reflect a more accurate premine. Was ridiculous that it still said 2% when it was actually 4.45%. Still fibbing a bit by saying 4% but whatever - the half-hearted attempt at honesty is more welcome than nothing and better late than never. I'm actually shocked a dev this scammy would correct such a thing. It won't affect anything since nobody really reads that stuff anyway (and obviously they don't even care - I've seen coins with a 25% premine that have 150 pages of cheerleaders until the dev dumps and never logs in again. Then it's 2-3 sad pages of people that lost a bunch of money and then it drifts off into oblivion). Obviously hard for me to avoid throwing in barbs as I'm passionate about limiting the damage these scam coins and greedy con artist devs cause to crypto but I honestly want to say this to the dev team: thank you for at least adjusting that 2% premine. Now go a step further and report the entire 4.45% (I believe that's what it was) and I will be even happier about it. As long as you don't lie about the basics, there isn't a ton I can fault you for. I can say you will never follow-through with your promises but how can I prove it? 10 years from now you could claim to still be working on them and I can't disprove it. So be completely transparent on the premine and I will go away. I've said what I needed to say - make the last move and you will be moved into the "slightly less scammy" category of scamcoins. Not great...but better than many. I honestly think we'll run out of people stupid enough to buy this stuff that still have money to buy it before we'll see an end to the endless flow of POW->POS-only scamcoins with massive premines but I'm going to do my best to expose them all and take them all down one-by-one. You'll be off my hit list if you calculate the correct premine percentage. I will never support you - I will never stop believing this is a massive scam - but if I can't prove it with numbers and build a case on facts there isn't much I can do. That's the reason I was so pissed - you were blatantly lying about the premine size by maintaining the 2% when it was more than double that and it would have taken 30 seconds max to update the post. Pretty ridiculous when you start out post #1 with a lie and I gave you multiple chances to correct it. Of course you'll dump and of course you won't follow through on anything but fix the OP with the correctly calculated premine AT LEAST and then I can't help it if people are stupid enough to buy your coin if you're honest.

Completely agree, glad someone else is revealing this scam, but please use paragraphs?

I have my popcorn waiting to read the whitepaper, it better be good boys, we are going to scrutinise it, any bullshit made up nonsense and we will get you. Hahaha