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Board Announcements (Altcoins)
Re: [SDC] Shadow | 1st OS Stealth Address | iOS+Android Staking | PoS-SPV | HTML5
by
Coinster2014
on 18/10/2014, 08:53:24 UTC
Blocknet may not be the be all and end all to cryptos issues and certainly is not the be all to its ultimate future and success. It is an idea not yet implemented, one that needs to prove its worth before elite tech joins in!

If this was about money purely then we would all be for the blocknet because apparently its going to solve all crypto economy issues! There is nothing stopping Shadow from joining in the blocknet later but in my opinion its wise for the core team to just focus entirely on their own project and hammer out its core foundations..

I also, personally think that Shadow has the potential to solve all of this within one network! An that is something you will have to kick back, relax and soak in! Its not fair what some of you are saying..fact is the dev team and project need to focus on their project and the blocknet is just another distraction that can be persured later on if need be. But again i think all this can be solved within Shadows network, it certainly has the potential to hold its own and certainly the plans and tech ideas for teh future that will completly change the way you think, see and interact with the Internet and online currency!!

The decision is wise in my opinion because Shadow is about to launch some extremely useful projects and needs all the team and its supporters energy focused on that. It certainly does not need anymore distractions and because it is able to enter blocknet at anytime it is not a loss or damage to anyone..It is just a very wise choice.

I advice some of you to accept it without dragging my name through the gutter again and again..some of the things some of you put my name to are just bonkers and you should really re-read what you are even insuating!!!!.

Please do read the stats.   How do you plan to expand the # of people that will actually use/accept Shadow coins?   How can SDC possibly become a currency with only 300 or so people??!?

The problem with SDC at its core is that the coin distribution is really skewed to the people that mined it at the beginning.   You can totally tell from the rich list.

http://sdc.blockexplorer.cc/richlist/index.php?min=0

Look at these stats:

Only 381 addresses with at least 10 SDC
Only 290 addresses with at least 100 SDC (~$7 USD)
Only 215 addresses with at least 500 SDC (~$35 USD)
Only 177 addresses with at least 1000 SDC (~$70 USD)
Only 101 addresses with at least 5000 SDC
Only 33 addresses with at least 50000 SDC
Only 18 addresses with at least 100000 SDC

The whole SDC basically is owned by under 350 people (some wallets for sure have more than 1 addresses).   (Not to mention that pookielax and mr.boh have a huge portion of SDC waiting to dump on our ass.)

That can only mean that this coin is not distributed evenly and in the long term, the coin will not survived if we don't expand the number of people that owns SDC.  

I really need to reconsider my position in SDC after this debacle....

They all start with one person! and have done, please i don't see your point of argument other then to state something that can be said about any coin including bitcoin! You have a point i just don't see how it is applicable to just this project in light of the topic here which is the blocknet! And for the a line points to you being sour about something that really has nothing to do with how many people hold or wont hold it in the future!

Let's not even talk about Blocknet.   At this point, that's water under the bridge.   What's next?   How can we distribute the coins to more than 200-300 at most.   Right now, there's only around 150 with more than $100 invested in SDC....   What do we do to distribute to more people since we are way pass mining phase now.   No significant new coins are being created to be spread to more people....
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Board Announcements (Altcoins)
Re: [SDC] Shadow | 1st OS Stealth Address | iOS+Android Staking | PoS-SPV | HTML5
by
Coinster2014
on 18/10/2014, 08:47:04 UTC
Blocknet may not be the be all and end all to cryptos issues and certainly is not the be all to its ultimate future and success. It is an idea not yet implemented, one that needs to prove its worth before elite tech joins in!

If this was about money purely then we would all be for the blocknet because apparently its going to solve all crypto economy issues! There is nothing stopping Shadow from joining in the blocknet later but in my opinion its wise for the core team to just focus entirely on their own project and hammer out its core foundations..

I also, personally think that Shadow has the potential to solve all of this within one network! An that is something you will have to kick back, relax and soak in! Its not fair what some of you are saying..fact is the dev team and project need to focus on their project and the blocknet is just another distraction that can be persured later on if need be. But again i think all this can be solved within Shadows network, it certainly has the potential to hold its own and certainly the plans and tech ideas for teh future that will completly change the way you think, see and interact with the Internet and online currency!!

The decision is wise in my opinion because Shadow is about to launch some extremely useful projects and needs all the team and its supporters energy focused on that. It certainly does not need anymore distractions and because it is able to enter blocknet at anytime it is not a loss or damage to anyone..It is just a very wise choice.

I advice some of you to accept it without dragging my name through the gutter again and again..some of the things some of you put my name to are just bonkers and you should really re-read what you are even insuating!!!!.

Please do read the stats.   How do you plan to expand the # of people that will actually use/accept Shadow coins?   How can SDC possibly become a currency with only 300 or so people??!?  100 SDC is only worth around $7 USD.  

So there are only around 100 addresses with any significant amount of investment in SDC.     The more and more I think about this fact, it's scaring the crap out of me since I am in the top 50....   No way that 100-150 people can make this coin work if we don't expand.   I just don't see it.

The problem with SDC at its core is that the coin distribution is really skewed to the people that mined it at the beginning.   You can totally tell from the rich list.

http://sdc.blockexplorer.cc/richlist/index.php?min=0

Look at these stats:

Only 381 addresses with at least 10 SDC
Only 290 addresses with at least 100 SDC (~$7 USD)
Only 215 addresses with at least 500 SDC (~$35 USD)
Only 177 addresses with at least 1000 SDC (~$70 USD)
Only 101 addresses with at least 5000 SDC
Only 33 addresses with at least 50000 SDC
Only 18 addresses with at least 100000 SDC

The whole SDC basically is owned by under 350 people (some wallets for sure have more than 1 addresses).   (Not to mention that pookielax and mr.boh have a huge portion of SDC waiting to dump on our ass.)

That can only mean that this coin is not distributed evenly and in the long term, the coin will not survived if we don't expand the number of people that owns SDC.  

I really need to reconsider my position in SDC after this debacle....
Post
Topic
Board Announcements (Altcoins)
Re: [SDC] Shadow | 1st OS Stealth Address | iOS+Android Staking | PoS-SPV | HTML5
by
Coinster2014
on 18/10/2014, 08:22:10 UTC
WE, all the others seem to have been happy of joining the Blocknet.

You are absolutely and positively wrong there.

Your sig don't even have SDC so... hmmm... obviously you aren't the ones with a lot of SDC
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Topic
Board Announcements (Altcoins)
Re: [SDC] Shadow | 1st OS Stealth Address | iOS+Android Staking | PoS-SPV | HTML5
by
Coinster2014
on 18/10/2014, 07:59:29 UTC
Hi all

After a few lengthy discussions and votes amongst team members, we've decided that we will not be joining BlockNet.

Details will be provided shortly
I've been waiting for this coin to move for ages. I'm may not be a big holder of shadow with my 10k coins but with the news of Blocknet I really thought that things are going to improve.
It looks like the 2 biggest holders of shadow pookie and longshort really can decide where this coin to go.
You say "discussions and votes amongst team members" decided the future of this coin. Really! Why didn't you vote "amongst team members" before making the announcement of joining the Blocknet ?
This comes to show that your interest in Crypto technology and evolution is very little, and 2 or more big holders can decide on the future of it.
As Viper said these 2 were more "vocal". Of course they were, because there is big money involved in their loud talking.
You and them probably have the biggest money invested in the coin, so you are not looking at the future of the coin but for profit that can be manipulated by few members. That makes this coin despite its technology, a pump and dump for the future.
Should you have joined the blocknet there would have been some rules to respect and fair-play not just pump and dump.
Each coin had to keep pace with the technology.
It looks that pookie and longandshort are afraid of that and you too and rather stay solo in order to manipulate and decide the faith of the coin at anytime.
So i'm waiting for that pump, whenever you and the big holders decide, to dump mine.
Very disappointed  to find out that this coin is only for money making. Your change of decision based on the big holders just proved that.


The problem with SDC at its core is that the coin distribution is really skewed to the people that mined it at the beginning.   You can totally tell from the rich list.

http://sdc.blockexplorer.cc/richlist/index.php?min=0

Look at these stats:

Only 381 addresses with at least 10 SDC
Only 290 addresses with at least 100 SDC
Only 215 addresses with at least 500 SDC
Only 177 addresses with at least 1000 SDC
Only 101 addresses with at least 5000 SDC
Only 33 addresses with at least 50000 SDC
Only 18 addresses with at least 100000 SDC

The whole SDC basically is owned by under 350 people (some wallets for sure have more than 1 addresses).   (Not to mention that pookielax and mr.boh have a huge portion of SDC waiting to dump on our ass.)

That can only mean that this coin is not distributed evenly and in the long term, the coin will not survived if we don't expand the number of people that owns SDC.  

I really need to reconsider my position in SDC after this debacle....
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 11/09/2014, 07:25:02 UTC
Dont worry.. Dev said Hi on IRC, now everything is OK, all forgiven.. again..

Sheeps are already bending over with their panties at their knees painting a bullseye on their ass... again

Bring some lube this time !

But but but..... They developed a VPN with the word cloak on it! BUYING! The fact is, the trust between the devs and the community is irrevocably shattered. Imagine if I had a boss but worked from home. I promised my boss the project the company needs is coming along just great! Then when its due I inform my boss, through a text, that I havnt been working on the project for the last 5 days, but it was impossible for me to inform anyone at the company. And thats all I said. But then I tell my boss, well I did develop a VPN for the company!

 I was fooled once, yes even rational investors can be fooled. Im posting here to warn others, there is ZERO professionalism here and if any of you with jobs out there did this, you know you would be fired. Its that simple. So i suggest doing the same thing to this coin and project.
alty was posting telling us the project is going good and going to be right on time? Originally he said he didn't want to put a ETA for this exact reason. He said they would "push" for the 10th. Then 2 days ago on irc he said they were a little behind, i would quote it but im on my phone.

The people complaining are the ones who pushed for a release date. I hope those people got burned. This is a lesson to all developers that unless you are 100% sure, DO NOT GIVE AN ETA.

I am still holding all my CLOAK. Beer and popcorn in hand, watching all the weak hands cry and bitch. Alty did nothing wrong.
What? Development is all about ETAs. If I'd tell my customers I cannot give an ETA (meaning I cannot tell them when they get their product delivered), they'd move on to another company that is able to plan and coordinate its development.

Not only that... he say he was "forced" to give out a date?!?!   Ok, so then he just go and MAKE UP a date with no effort to make that date.  THEN, when we get to within one day of that supposed deadline, he just goes and say oh fuck it, we can't deliver on that date, but here is something else that nobody asked for?!?!?  WTF kinda of professionalism is that!?!?
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 10/09/2014, 00:54:00 UTC
Alty is like the least professional coin dev out of all the altcoins now.   Total fly by night script kiddie or something.   Why would you be gone 5 days before a major release?    Just like the last time when the audit fail... oh let's take a holiday.   WTF DUDE?!?!?!
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Topic
Board Announcements (Altcoins)
Re: QUID X11 CASHEER!! Full POS 8% Interest 4.6Million POW Bittrex Paper Wallet
by
Coinster2014
on 09/09/2014, 01:22:44 UTC
Well development is not going as fast as we would have liked  ....the coin team we had been working with on a solution has flaked out and not responded since first agreeing to share tech with us and then moved to requesting money before disappearing. Currently we are still working on a solution based on Coinshuffle  http://crypsys.mmci.uni-saarland.de/projects/CoinShuffle/coinshuffle.pdf....but its been slow going to get a working model so we may look to another approach if we haven't made more progress shortly.

If you do, then you should just rename the coin to Monreno coin with the symbol XNR. Wink     (after one of the researcher middle name,  Pedro Monreno-Sanchez)   It will be a great boost to the coin I will bet.
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Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | DarkSend+ Is Live!
by
Coinster2014
on 27/08/2014, 22:41:03 UTC
Anybody wanting to sell DRK in UK please Inbox me ,

Payment will be made after successful transfer to my DRK address .

Payment to Bank Account Only or Cash if collected by Hand .


Thx

Oh ya.  This totally sounds safe for the seller.  What could possibly go wrong for the sellers sending you all the DRK first THEN you pay.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 23/08/2014, 08:04:01 UTC
Yeah, I think I'll do the same..

Was nice for a while though. Cloak made a lot of people some serious money. I wonder how much money was made on cloak? I bet its in the millions.

On the other hand... how much money people have lost.   Money don't get made from thin air.   In order for someone to gain, someone has to lose.   Only the Cloak dev scammers/pumpdumpers made their btc.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 22/08/2014, 22:19:57 UTC
Posted on the Cloakcoin Facebook page:

Quote
Okey guys, It seems that most of the development team is out of the game. I didn`t receive any news from TheDagger/Alty, hence I am out as well. If someone wants to take care of the facebook/twitter page, just write me a PM and we will figure it out. Cloakcoin was a good coin for me with huge potential, but for the moment, it seems that all of the projects are frozen until Alty is back from his vacation. However, I hope that one day I will return back  Wish you good luck guys and thank you for the support !

https://www.facebook.com/CloakCoin/posts/1520133728205370

P.S. The Facebook page is reserved for another member of the community.

WOW.  GG....
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 22/08/2014, 13:32:03 UTC
Just think this for a moment:

POSA failed, dev inactive for days. Suddenly comes with a post saying POSA failed audit, but very honest!

Then dev goes even further, saying yeah some vacation 2 weeks!!! and before he goes even dumps 40K coins.

Sometimes he comes online and talks about this great future where cloak will be the king again.

Don't look at words.. look at actions, dev leaving and dumping coins. He just needs time to unload it all.


Sorry there is no buy support. I would advise to rethink your investment and get out when you can. Not going up anytime soon so better get a re entry way below and make some of your losses back

No buy support? over 100+BTC volume perday and price did'nt move mean atleast 50Btc buy support per day

You are so ook funny.. do you think I don'T know about the scheme to boost volume?


Seriously.  Volume means nothing.   The price didn't move much because bagholders and pumpers are selling and buying to themselves at the same price..., it's so obvious.
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Topic
Board Announcements (Altcoins)
Re: [ANN] Xuro | X11 | PoW/PoS | Exchange | XuroMix - Soon | Services |
by
Coinster2014
on 22/08/2014, 04:37:28 UTC
Everyone RELAX, this kind of miss-understanding has happened before.
I have been involved with many coin teams and will offer my advice to
the XURO dev here free of charge. If you want any more advice on how
to handle this situation, pm me for my fees and help. Free advice:

Situation:
Newbie account, miss-understanding of pre-mine, FUD all over btc forum and IRC.

Solution:
Contact Bittrex exchange.  Explain the situation and offer to send them
any pre-mined coins other than .8% of the PoW coins as people expected.
Then you have two options. If you want your coin to have a greater chance
of being listed on Bittrex and have a higher price, tell Bittrex to publicly destroy
the extra pre-mine. That is your best option to have your coin succeed. The
second option is to have Bittrex hold your pre-mine for a period of 3 months,
so that you can deliver on your promises of continuing to develop and support
the coin without dumping a larger than stated pre-mine, then you can receive
your coins back and hopefully you delivered on your promises and profit.

No one here believes that you do not deserve to profit from your hard work, but
.8% pre-mine is more than enough, and 7% will just flat out kill your coin. You
would be lucky to get on the crappiest of exchanges, the price would be next to
zero, no one would be mining, and your investment would become worthless.
So Dev, you can take the correct actions to save your coin right away, or it will be
too late.  If you are truly a new dev and do not have connections, or are not capable
of doing these suggestions without help, pm me for my services.
I hope you do the right thing, but I also took my rigs off XURO till I see the right
things happening. Sincerely.

Hi jimlite,

We have talked and this is sounding like the best idea to get rid of the excess pre-mine. We did not realise there had been such a large miss-understanding at the beginning as no one had said anything about this.
If this is the cause of action that will help Xuro strive and survive then we are all for it, unfortunatley as we are new like you said so we do not have any connections etc. We would love to take your offer of help if you want to pm us or jump on IRC? ##Xuro

We are still here, and not going anywhere and are open to all suggestions/resolutions.

Got caught with excessive hidden premine, pretend to be a mistake.   Classic move.     Coin is dead.  Move on.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 18/08/2014, 13:57:46 UTC

while the failed audit is not a good news, this is important part:


"PoSA v1 is a fully anonymous system according to our audit, but it is not trustless.

It requires the active participation of nodes involved in the transaction. ............This is trust, like masternodes, and we don’t want it in our system."

so, the coin is fully functioning anon, but not trustless - just like other anon coins. BUT they want it to be fully trustless, that is why they had the audit and continue to work on it.

This is crazy, we are getting hammered because we want a trustless coin that does not need to have to trust in masternodes for example.

This is the holy grail ffs.

You know when it's "not trustless" means that when you send out coins, it can be stolen by malicious nodes right?   

I dont think you get the point.

It should work even with malicious nodes.  Thats my take on it.

I think most people that dumped get exactly the point....   It's not trustless now means that coins can be stolen by malicious nodes.  The whole PoSA is fundamentally flawed and needs to be redesigned from the ground up.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 18/08/2014, 13:35:34 UTC

while the failed audit is not a good news, this is important part:


"PoSA v1 is a fully anonymous system according to our audit, but it is not trustless.

It requires the active participation of nodes involved in the transaction. ............This is trust, like masternodes, and we don’t want it in our system."

so, the coin is fully functioning anon, but not trustless - just like other anon coins. BUT they want it to be fully trustless, that is why they had the audit and continue to work on it.

This is crazy, we are getting hammered because we want a trustless coin that does not need to have to trust in masternodes for example.

This is the holy grail ffs.

You know when it's "not trustless" means that when you send out coins, it can be stolen by malicious nodes right?   
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 18/08/2014, 12:06:01 UTC

This is one of the greatest things around this dev team.
This team is totally responsible on everything around cloak and their dedication seems from out of space in the entire alt coins world. I have seen only few teams /developers so far who are willing to work only for deploying something innovative for the entire crypto society.
We all have seen this massive pump and dump in here but nothing can beat this team.
The manipulators had played their cards so far.From now and on the real deployment will take place. If it is good then cloak will established as one of the majors, if it fails then it will be drawn into the ocean.

But this team seems that is working in here... And working hard.
Which one has requested an audit into their development so far? I only know XC when they published their source (due to some fedora coin comments)... Think about that.


I think the clearest picture from this is that the Cloak dev team is hardworking and can be called transparent... except the major dump from inside news...

What I can clearly see though is that encryption, mathematics and diagramming is way out of the league for the dev team at this point.  To request for an audit, you better be damn sure that your solution is bulletproof.   To have it backfire like this and cause the price to drop 90%....  That's pure incompetence.
Post
Topic
Board Altcoin Discussion
Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation)
by
Coinster2014
on 18/08/2014, 10:12:16 UTC

DarkCoin was largely held by insiders which is why they controlled the price so well on the way up. It's gonna be another worldcoin, another aurora.  I still can't believe how many people paid $10 per coins for DarkScam.  lol.

This is why you don't buy coins that have been instamined 50% on the first day by the dev....
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Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | DarkSend+ Is Live!
by
Coinster2014
on 18/08/2014, 10:09:48 UTC
Many people used http://www.weselldark.com with success?
Can't wait much longer for bitcoin

The way it looks, the longer you wait, the lower you might be able to get it for....
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 18/08/2014, 09:51:54 UTC
The biggest question is who was given the inside knowledge of the failed audit and given such a lead in dumping?   This is criminal stuff right there.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Coinster2014
on 18/08/2014, 05:06:46 UTC
well truth be told, this is the first bad news this coin has ever announced, so by all logic the price should now go up %900

http://pastebin.com/LjvNK7mr
http://pastebin.com/LjvNK7mr
http://pastebin.com/LjvNK7mr

second bad news, it was insider trading by the devs too.

Where exactly do you get that there was insider trading by the devs?

Edit: Looked at your post history. Now I can see that nothing you would post can be taken as any sort of truth and is simply to manipulate the naive and thus the markets.


I changed my statement as I don't know if they inside traded just assumed according to the pastebin

Of course they inside trade....   You think they will wait for the public to dump before they dump?   Funny.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet New Thread
by
Coinster2014
on 18/08/2014, 01:22:48 UTC
Price is going up

If the buy support can move up, then we can get the rally going.  Right now on MP, the top bid is 2k....