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Showing 20 of 48 results by SCAMcoinTalk
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Topic
Board Tokens (Altcoins)
Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
by
SCAMcoinTalk
on 29/08/2018, 16:58:18 UTC
How many units are already installed in test environments (live retailers) in the Middle East?

Zero!

The only fake one they had: https://www.youtube.com/watch?v=PWESI8--Lcc

appears to be permanently closed:

https://www.zomato.com/jakarta/bottlenose-coffee-grogol/reviews
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
SCAMcoinTalk
on 29/08/2018, 16:36:40 UTC
ahem dude wtf you wanna represent, the avenger of the fiat world?
only barking around lol Grin

"bad money drives out good"

Think about it, honey!
Post
Topic
Board Announcements (Altcoins)
Re: [EMC] EMERCOIN|崛起币 ★ Blockchain Service Platform ★ PoS | PoW | BTC merge-mined
by
SCAMcoinTalk
on 29/08/2018, 16:22:58 UTC

Forget about it.

They are scammers who sell instamined coins.

He oбpaщaйтe внимaния нa этoгo дpoчepa. Этo oбычный жиpный yпыpь из дepeвни Eдpищeвo дaльнeвocтoчнoгo peгиoнa Poccии.. Иcтopию eгo пocтoв никтo нe зaпpeщaeт пocмoтpeть....
 

Hello, my name is Hui Wam.

Russia is very unsofisticated scammers, always get caught very easily. Also, non-creative and steel/copy from others all the time. Should drink less Vodka and learn from their Chinese and America counterparts.

Good Luck!
Post
Topic
Board Service Announcements (Altcoins)
Re: Steemit.com: Blogging is the new Mining
by
SCAMcoinTalk
on 29/08/2018, 12:48:03 UTC
How does this scam work? At 1st glance the rules are rather tricky...

Scammers buy premined/instamined coins to purchase "power" to upvote articles about their projects and downvote the articles of their competitors.

Right?

The coins that are powered up are used as stake, that stake is used to upvote content or earn money in various ways.
How can you earn money in varios ways, if the projects's only source of income is selling coins and tokens? It's a classic Ponzi scheme.

And what's the point of wasting money on this project, if you can buy up-votes (likes, retweets, whatever) on more popular platforms (twitter, facebook, reddit etc) ?

Dude it's not project paying. It's basically people are voting stuff they like and since everyone considers there is a value, so those authors get rewarded. Just like how Bitcoin is treated valueable because everyone associates a value with it. Yes, Steemit is not the best crypto platform out there, but saying it a ponzi is totally dumb. Better research on things than just spit out venom. And as for why not promote on FB and all, then it's mainly because those platforms don't allow certain content and can censor any content anytime. Plus Steemit is more targeted for crypto users and is totally ad free.

If there are no ads, how is the income being generated, except by selling worthless coins/tokens?

So, current investments are reimbursed by future investments, right?

Ponzi scheme at its finest!

At the same time the "investors" are scammers, too. They are promoting their "projects", 'cause they are banned or may be banned on other platforms. So, there is a constant influx of money as long as other scams are being profitable.

Manus manum lavat!
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
SCAMcoinTalk
on 28/08/2018, 00:22:59 UTC
If there's no fees how would the project be funded? Companies would profit and donate money?

The IOTA Foundation was founded in 2016 after 5% of all existing iotas were donated by the early investors. The foundation supports the development and projects. The value of this iota owned by the foundation currently stands at $ 50-60 million. While the boom back in January, it was even close to $300 million.

You mean $ 50-60 million in Tether, which is just a scam token "backed" by some "real" money held in a secret bank. So nobody is able to convert Tether to fiat, because it would expose the name of the bank.

And, sorry, there was no boom in January. It was a mass fraud, thanks to Tether-printing, Bitconnect and its copycats, wash trading, spoofing and other technics.

In short, IOTA does not need any fees and thus no miners because each client that creates a transaction must previously confirm two other transactions via PoW. That's the concept that makes miners obsolete.

Mining was a lame idea from the beginning. It's unsustainable in the long run. But it's the only "fair" mechanism of money printing availble unless you specify some rules. Unfortunately, rules is not what one may expect from cyberpunks.

No fees does't look good also. What is the mechanism to prevent spam and fraud other than fees?

You can transfer value, from a fraction of a cent to millions of dollars with 0 fees.

What's the point of treating the rich and the poor equally, other than to make the rich richer and the poor poorer?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]BYTOM: An interoperational protocol for diversified byte assets
by
SCAMcoinTalk
on 25/08/2018, 18:14:01 UTC
Not just Bytom , my friends ! Whole market is down , and I alone am down 90% ....
no worries though !



BTM prices have fallen a lot recently, but investors should be confident because the community infrastructure for the BTM coin project is very good.

'Cause it's a Ponzi scheme, my friends! Only initial investors can earn, and it's usually the scammers themselves. So, don't worry, you'll lose it all...

Are you sure of your words? I do not fully understand why you think so? This is not a valid statement, which has no practical evidence.

So, what do you have except a fancy website, a Blockchain Explorer beta, a Wallet and a Testnet?

What is the product/service you are selling?

International reply coupons  Grin Grin Grin
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
SCAMcoinTalk
on 25/08/2018, 18:02:30 UTC
If it's not PoS, what are the incentives to run a node?

Are there any real life implementations, yet? Or is it only a lot of research, a fancy website, a wallet, a transaction system etc?

So, the billion dollar foundation would survive on donations after it runs out of tokens, cause there's no transaction fees at all. Are you kidding me?

If you build on top of the IOTA protocol, you will be invested in the success of the network, and may volunteer to run a node. Plenty of companies will find a way to profit from and use a node to their advantage. There are experts who believe fees in DLT are a thing of the past.
So, it's, like Ripple, only for companies and developers/integrators.

If there's no fees how would the project be funded? Companies would profit and donate money?
Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
SCAMcoinTalk
on 25/08/2018, 17:41:31 UTC
Current rich list says nothing, 'cause it's too easy to redistribute the coins.

So, it's Sustainability Fund, Marketing Fund (Launch/V1 Reward), Operational Costs Fund I, Pre-V1 Fund & Post-V1 Fund.

And Sustainability Fund got about 24% or more than 1/3 of Stakeholder Community Distribution because of sock puppets and unclaimed stakes.

And who controls the above mentioned funds?
Too easy to redistribute the coins? Just use the blockchain explorer to verify what ever you need about the funds.

All the accounts are controlled by members of the nem team. They use nem's native multisig to ensure that nothing can be moved without at least 5 different people agreeing to do so.

If the devs wanted to scam people why didn't they exit in december when the combined funds were worth over 7 billion usd?
Maybe, it was wash trading or the price was following Bitcoin with few real buyers. So, it wasn't possible to sell it all even for 7 mil USD.

Can you explain How Harvesting Works? Where the earned coins come from in particular? From transaction fees or from some of the above mentioned funds?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Metaverse|decentralised open platform of digital assets & digital identity
by
SCAMcoinTalk
on 25/08/2018, 17:03:06 UTC
That’s the funny thing, longs are stable and shorts drop. Meanwhile price is dumping. Looks like sellers are just regular holders taking profits and/or exiting at break even price.
Looks like wash trading, mate...
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
by
SCAMcoinTalk
on 25/08/2018, 16:50:43 UTC
In current turmoil can't be even imagined that any market not talking about NPXS only can grow 10x. But potential of growing even more than that is increasing with every satoshi which is going out from its value. It is being expected for last quarter to reverse the trend because of events scheduled to happen in these markets.

After the POS devices get installed in shops maybe that would be kickstart to better things including price increase.

X POS already installed Korea and near 5,000 terminals start their installing in other places such as Singapore, London, Swiz, Columbia. More is coming guys. Be patient Q1-Q2 2019.

Hello, do you have any proofs like photos or videos?

If everything is so great, why do they issue another scam token on NEM platform?

Hello!

Now you need 18 posts to slide it.

Let's go!
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Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
SCAMcoinTalk
on 25/08/2018, 16:40:25 UTC
https://dailyhodl.com/2018/08/21/bitcoin-ethereum-litecoin-stellar-and-verge-coming-to-1000-stores-in-colombia/

I think quite a few people do use it to buy things, verge has a very large list of online stores which accept it, though most of those stores sell mostly particular products, the same goes for other currencies also, crypto as payment method is not widely adopted and we just don't have the same purchase options as we do with fiat. That can change very quickly when there is a payment option in physical stores.

People should hold, but they should also use verge as a currency, doing both these things will support the currency and keep its value up. But how do you hold and spend at the time? Well you do the same as you do with fiat, you have a savings account which you don't touch and you have separate spending account, so just divide up what your'e willing to save and what your willing to spend. If you don't ever want to touch your savings but support verge as a currency then when ever you want to buy something make the effort to convert fiat to verge and use that to make a purchase.

So, what would these stores do with your crypto shit? They need wholesalers and/or producers to accept it, too. 'Cause it's not so easy to convert it into any fiat currency.
Post
Topic
Board Service Announcements (Altcoins)
Re: Steemit.com: Blogging is the new Mining
by
SCAMcoinTalk
on 25/08/2018, 16:28:47 UTC
How does this scam work? At 1st glance the rules are rather tricky...

Scammers buy premined/instamined coins to purchase "power" to upvote articles about their projects and downvote the articles of their competitors.

Right?

Fresh account named SCAMcoinTalk and all your post are being critical of altcoins but you do seem to have some knowledge about circumstances relating to the history of certain coins.

But I think this is just a troll account made to just go around spreading fud, probably a BTC maximalist.

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
Post
Topic
Board Tokens (Altcoins)
Re: ⚡ [ANN][ICO][BOUNTY] Cryptonex (CNX) – Global Blockchain Acquiring!
by
SCAMcoinTalk
on 25/08/2018, 16:22:30 UTC
So, you premined 105000000 CNX at block 1, then used 10k blocks to redistribute them and switched to PoS.
Right?
Right you are.
And you use wash trading to fake volumes and manipulate the price, right? As they do with bitcoin.
Post
Topic
Board Announcements (Altcoins)
Re: [EMC] EMERCOIN|崛起币 ★ Blockchain Service Platform ★ PoS | PoW | BTC merge-mined
by
SCAMcoinTalk
on 25/08/2018, 16:13:57 UTC
Emercoin is more than just money. The platform can be used to manage information about a person or property, easily browse the Internet without using passwords and registering domain names protected by censorship.

EMC is the leading digital currency and a common registry platform that focuses on creating accurate innovative services that revolutionize the way the world does business. Using the power of blockchain technology, Emercoin created ready-to-use services that are easily scalable to meet the diverse needs of all users from governments and banking institutions to a fast-growing consumer base
Your support means a lot to us! We're truly making efforts to provide businesses and individual users with innovative tech solutions.

Do you have any update on the unprocessed payouts from the Emercoin Idea contest of 2016? There are several participants still waiting for the undistributed EMC of the contest.
I personally have as well contributed to the contest (https://bitcointalk.org/index.php?topic=1415449.msg14419373#msg14419373) and have been waiting as well. I reached out several times to the Emercoin team but never got any response which shines quite a bad light on Emercoin as a whole. They do not seem to care much about their community as well as not realizing their promises.

Forget about it.

They are scammers who sell instamined coins.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
by
SCAMcoinTalk
on 24/08/2018, 01:10:02 UTC
How many more "Bitcoins" can the market absorb?

It's already taken care of most.

If something has merit then it'll be fine. If it's crap and pointless then off to Valhalla it goes with a whimper.
Does Linux with its hundreds of distros have any merit? Then why does it have a market share of only 2% ?

So there will never be mass circulation of cryptocurrencies. Because instead of joining forces to compete with fiat they are competing with each other.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Gold : Make Bitcoin Decentralized Again
by
SCAMcoinTalk
on 24/08/2018, 00:44:08 UTC
Carelesswabbit is a paid basher. He is delusional, doesnt have any facts at all. He bases everything on hearsay. Look how original he is ... he will call me a paid shill or some other useless name.  I believe in what BTG stands for. Give me a valid reason why someone shouldn’t invest in BTG. I wish to have a pleasant discussion with you. Just don’t prove yourself less intelligent.

I have dozen of facts how BTG team dumped it premined coins, how XAPO dumped 640k coins, and how those 388k stolen coins being dumped on Bitfinex. STFU noob pleb
Can you explain how all this premining/instamining works for the forked coins? Are they somehow stealing unclaimed coins? Or they fork, premine/instamine, then let others join, right?

IMHO, it's the same problem as with Linux. But at least Linus has got a trademark, so no scammers can use it.


Hello, here is the original page about the premine, from the October whitepaper, before mainnet launch: https://bitcoingold.org/wp-content/uploads/2017/10/BitcoinGold-Roadmap.pdf
pages 9 and 10 https://cdn.discordapp.com/attachments/455489483253612547/482335678215225345/unknown.png
here is another post explaining the premine endowment from November 2017 shortly after mainnet launch: https://bitcoingold.org/premine-endowment/


Here is an update August 10 2018 showing 80% premine fund still untouched, fully listing wallet addresses: https://bitcoingold.org/endowment-wallets/
TLDR; the premine is 100,000 coins and will last 3 years. There are 80,000 still untouched.
Cheers.
Sounds convincing.

But you're parasitizing on the success of the genuine Bitcoin anyway.
Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
SCAMcoinTalk
on 24/08/2018, 00:30:22 UTC
Is it true that XEM has been initially distributed via Airdrop? There was no ICO, some private sale or similar?
Part of it was Airdrop. Part of it was 'given away' for a 'nominal donation' so read that as you will. But it wasn't like a typical ICO where you get more tokens the more money you put in - the initial NEM distribution was all based on Stakes and those were given to people in this forum based on unique usernames.
http://explorer.nemchina.com/#/s_block?height=1

Who were the 5 lucky ones that got 4 725 000 206 XEM or 52,86% of the "airdrop" ?

What is the current circulating supply?

If CoinMarketScam ( https://coinmarketcap.com/currencies/nem/ ) is correct: 8 999 999 999 XEM, it's the most greedy PoS scam project ever, with only 61,363,334 XEM or 0.686% earned in almost 3.5 years.

Here you can see the final distribution statistics and explanation of the various funds nem has:

https://docs.google.com/document/d/1TKTIakxUEotmTN4Et80EI7d-8XifgFZ4aBUGAukgLfY/edit#

And here is the rich list with the different fund addresses named:

https://nemnodes.org/richlist/
Current rich list says nothing, 'cause it's too easy to redistribute the coins.

So, it's Sustainability Fund, Marketing Fund (Launch/V1 Reward), Operational Costs Fund I, Pre-V1 Fund & Post-V1 Fund.

And Sustainability Fund got about 24% or more than 1/3 of Stakeholder Community Distribution because of sock puppets and unclaimed stakes.

And who controls the above mentioned funds?
Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
SCAMcoinTalk
on 23/08/2018, 22:52:16 UTC
I sold all My EOS,, It will go down more,,

Troll are back  Grin
"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
by
SCAMcoinTalk
on 23/08/2018, 22:11:33 UTC
How does this "forking" scam work?

Did they steal the unclaimed coins somehow?

There are more than 30 "Bitcoins" in the market right now, 'cause no one bothered to register the trademark. Even retarded kids from Etherium did this. How many more "Bitcoins" can the market absorb?
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Topic
Board Announcements (Altcoins)
Re: 1
by
SCAMcoinTalk
on 23/08/2018, 20:50:55 UTC
Bitcooonnneect Cry
So, it's just another PoS, a.k.a. Ponzi Scheme, right?