Post
Topic
Board Altcoin Discussion
Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)
by
rethink-your-strategy
on 16/08/2014, 19:50:34 UTC
What is the extent of fuckery that they can perform using these coins and how can they scam people with it? Or are they just out to get Monero (which would be accomplished how? By making their coin as successful as possible and prying the community away from Monero? By not doing any of the things below to risk the integrity of their coin?
-Hidden blocks?
-Falsified premine?
-Ninja launch/instamine?
-Pump on fake developments in order to cash out botnet earnings?
-Use botnets to pulverize the value of the coin into nothing (no pumping, just pure downhill sledding) and then launch a new coin and repeat?
-Secret weapons of mass mining destruction?
-Ring signatures are actually square?
-Anything else?

How many of these things are actually happening in any of the coins right now?
How many of these things are accompanied by a dev that acts strangely?
How many of these things can be sniffed out fairly easily by the community?

If the cryptonote coins are being malevolently run by scammers then these scammers are an odd bunch compared to the POS coin scammers. Who the heck gets all pissy at Monero for exposing their Bytecoin scam and decides to release a few merge mining coins that make the guys they are all pissed at richer? This alone makes no sense and I would like an explanation.

There's a lot that doesn't seem rational, don't you think? The closest answer in this thread that makes any sense to me is that the mastermind behind this falls within the autistic spectrum. They understand the tech, but can't rationalise or understand why their fake story isn't accepted by everyone at face value. Their reaction to this is childlike. Instead of bailing they double down and hope we've lost all sense of fucking intelligence. It's completely batshit insane.

It's almost as crazy as claiming that Bytecoin adding multisig is proof that Satoshi created Bytecoin: