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It is your fault, not Bittrex
I would lost total faith in Bittrex if they didn't release the money if the terms are met
I would lost total faith in Bittrex if they didn't release the money if the terms are met
"Its your fault", "We were only the escrow service" or "Investors should have done thier homework" is not a good defense against Conspiracy to Defraud, Wire Fraud and Racketeering charges.
The ICO terms are irrelevant in these accusations.
The fact that it is the same "DEV" as the USE "DEV" is where the root of the imminent scam lies. Nevermind the terms, the fact that this person makes his living out of scamming people out of their BTC and Bittrex having the power to kill one of cryptos deadliest cancers is what we should be looking at, do not deviate with "ICO terms arguments".
You want irrefutable proof to act? there is none and there will never be one for the Carsens, the ASIACOINS, the list goes on and on, unless they themselves say they did it, it is impossible, this is the internet, the evidence is right there, served to you on a silver plattter WORK WITH WHAT YOU GOT! BITTREX: DO THE RIGHT THING!
The fact that it is the same "DEV" as the USE "DEV" is where the root of the imminent scam lies. Nevermind the terms, the fact that this person makes his living out of scamming people out of their BTC and Bittrex having the power to kill one of cryptos deadliest cancers is what we should be looking at, do not deviate with "ICO terms arguments".
You want irrefutable proof to act? there is none and there will never be one for the Carsens, the ASIACOINS, the list goes on and on, unless they themselves say they did it, it is impossible, this is the internet, the evidence is right there, served to you on a silver plattter WORK WITH WHAT YOU GOT! BITTREX: DO THE RIGHT THING!
Here is a US CFPB advisory on crypto companies: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf
Here is where you can file complaints against crypto companies that commit or assist in scams against the public: http://www.consumerfinance.gov/complaint/
EDIT: Submitting a complaint takes only a few minutes.
Oh wow thanks for the heads up, why has it been moved ??!
No clue.
I still don't understand how an anonymous coin, with no proof of any of the innovation mentioned - managed to get 350BTC from buyers
The scam works like this: DEVs use their own BTC to buy into the ICO to give the appearance of lots of interest in scam coin. They know they will get BTC back when ICO ends. Gullible investors see lots of fake ICO interest and panic buy into ICO ("Following the herd"). ICO ends and DEVS get all the ICO BTC plus they now have lots of scam coins to dump on market to make more BTC.
EDIT: I hate calling them DEVs because they are not developers. The couldn't code their way out of a wet paper bag.
Oh wow thanks for the heads up, why has it been moved ??!
No clue.
I still don't understand how an anonymous coin, with no proof of any of the innovation mentioned - managed to get 350BTC from buyers
The scam works like this: DEVs use their own BTC to buy into the ICO to give the appearance of lots of interest in scam coin. They know they will get BTC back when ICO ends. Gullible investors see lots of fake ICO interest and panic buy into ICO ("Following the herd"). ICO ends and DEVS get all the ICO BTC plus they now have lots of scam coins to dump on market to make more BTC.
let's open anti scam topic
anti ipo ico
with proofs of scams ..and conclusions ..
let those scams unite us and we fight back
anti ipo ico
with proofs of scams ..and conclusions ..
let those scams unite us and we fight back
+1, all exchanges reject ICO in the future, except real projects are done.
Sounds good. Proof of Developer (anti-scam) should be decentralized and community driven.
Advise from Richie:
"if you guys would just stop buyign ICOs, devs would stop doing them "
That's how they care about their customers.
"if you guys would just stop buyign ICOs, devs would stop doing them "
That's how they care about their customers.
Washing their hands like Pilate? providing the means for the scam to carried out and profiting from it?
I could see how they would make a case for added coins that they have no control over the premine etc. But this one is different, this was carried out in their "premises" under their jurisdiction, the thief has been caught in the process and is linked to two crimes being performed within the same day, that's close to $200,000 in fraud!.
It is in Bittrex best interest to protect its fragile userbase from such obvious "attempts" (attempt because Bittrex still has the last word), it is now that Bittrex must act and show what code of ethics they operate on.
There are no American companies that can facilitate scams and get away with it for long. No matter who they blame for the reasons. They are complicit.
Advise from Richie:
"if you guys would just stop buyign ICOs, devs would stop doing them "
That's how they care about their customers.
"if you guys would just stop buyign ICOs, devs would stop doing them "
That's how they care about their customers.
There is good money to be made NOT doing any due diligence with all these new coins. If they did basic verifications none of the new scam coins would have made it to the public.
Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT!
When will people learn that all ICOs are failures. The only people that score with ICOs are the dev team that in the end will have a bag of BTC and the investors will be bagholders of worthless coins.
ICOs fail because the dev teams do not understand the basic principle that in altcoin crypto 95% of investors are in it for short term profit and do not care about any long term plans. After the initial rise the price dumps and gradually goes down. Secondly, altcoin crypto is not far off from running a business. Once this second principle is understood, a coin will be successful. Most coin devs do not have the experience of running a company and do not understand principles like gearing, R&D, marketing, growth, strategy etc.
ICOs fail because the dev teams do not understand the basic principle that in altcoin crypto 95% of investors are in it for short term profit and do not care about any long term plans. After the initial rise the price dumps and gradually goes down. Secondly, altcoin crypto is not far off from running a business. Once this second principle is understood, a coin will be successful. Most coin devs do not have the experience of running a company and do not understand principles like gearing, R&D, marketing, growth, strategy etc.
+++1
3.5 million coins for a week on sale in the 10000 Satoshi
Why do investors have expect people buy it at the more expensive price?
Is stupid
Its a good question
I would not call them investors. They are speculators hoping to make quick, large gains.Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
Great! Can we see the "escrow" address?
I don't know where it is just going off what was said in the thread.
Really though 13 BTC for an IPO scam is weak sauce if it is one.
13BTC is a lot of money in most part of the world.
FYI, this is Maidak's escrow address: https://blockchain.info/address/1Je4efdRaZxqNtL2ZXu3xG7VjkMRRZbLZK
And this is the dev's BTC address: https://blockchain.info/address/1A9WGhmJeURmb8wGfNkogx9MmDp24zMa3d
Thanks! So the DEVs sold 1.669 BTC in pre-sale. Hmmm... that means they have 1,584,366 INT left. I wonder where that went.
Investors sent BTC directly to dev's address for a total of about 12 BTC. Later escrow from Maidak was introduced, which sold the rest.
Oh, I see that now in the DEVs address, thanks. Hmm... it leads to an address that has received 81 BTC in the past 8 days. That's interesting...
The DEVs and Maidak moved the BTC around so much its hard to follow... although the block chain never lies. That's what makes Satoshi Nakamoto's invention so great. Oh well time to move on to Use[Suspicious link removed]d luck.
Tried to say moving on to UseCoin... seems familiar for some reason.
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
Great! Can we see the "escrow" address?
I don't know where it is just going off what was said in the thread.
Really though 13 BTC for an IPO scam is weak sauce if it is one.
13BTC is a lot of money in most part of the world.
FYI, this is Maidak's escrow address: https://blockchain.info/address/1Je4efdRaZxqNtL2ZXu3xG7VjkMRRZbLZK
And this is the dev's BTC address: https://blockchain.info/address/1A9WGhmJeURmb8wGfNkogx9MmDp24zMa3d
Thanks! So the DEVs sold 1.669 BTC in pre-sale. Hmmm... that means they have 1,584,366 INT left. I wonder where that went.
Investors sent BTC directly to dev's address for a total of about 12 BTC. Later escrow from Maidak was introduced, which sold the rest.
Oh, I see that now in the DEVs address, thanks. Hmm... it leads to an address that has received 81 BTC in the past 8 days. That's interesting...
The DEVs and Maidak moved the BTC around so much its hard to follow... although the block chain never lies. That's what makes Satoshi Nakamoto's invention so great. Oh well time to move on to Use[Suspicious link removed]d luck.
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
Great! Can we see the "escrow" address?
I don't know where it is just going off what was said in the thread.
Really though 13 BTC for an IPO scam is weak sauce if it is one.
13BTC is a lot of money in most part of the world.
FYI, this is Maidak's escrow address: https://blockchain.info/address/1Je4efdRaZxqNtL2ZXu3xG7VjkMRRZbLZK
And this is the dev's BTC address: https://blockchain.info/address/1A9WGhmJeURmb8wGfNkogx9MmDp24zMa3d
Thanks! So the DEVs sold 1.669 BTC in pre-sale. Hmmm... that means they have 1,584,366 INT left. I wonder where that went.
Investors sent BTC directly to dev's address for a total of about 12 BTC. Later escrow from Maidak was introduced, which sold the rest.
Oh, I see that now in the DEVs address, thanks. Hmm... it leads to an address that has received 81 BTC in the past 8 days. That's interesting...
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
Great! Can we see the "escrow" address?
I don't know where it is just going off what was said in the thread.
Really though 13 BTC for an IPO scam is weak sauce if it is one.
13BTC is a lot of money in most part of the world.
FYI, this is Maidak's escrow address: https://blockchain.info/address/1Je4efdRaZxqNtL2ZXu3xG7VjkMRRZbLZK
And this is the dev's BTC address: https://blockchain.info/address/1A9WGhmJeURmb8wGfNkogx9MmDp24zMa3d
Thanks! So the DEVs sold 1.669 BTC in pre-sale. Hmmm... that means they have 1,584,366 INT left. I wonder where that went.
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
Great! Can we see the "escrow" address?
I don't know where it is just going off what was said in the thread.
Really though 13 BTC for an IPO scam is weak sauce if it is one.
Oh, so no "escrow address"...
$5850.00 USD is weak sauce?
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
Wow, so the DEVs made 13.9 BTC from the pre-sale. Where did that go to?
Maidak has the "escrow".
Great! Can we see the "escrow" address?
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
Everyone was pretty confident until the dev(s) took down their real names--embedded in their emails. With the recent scam trends, its totally understandable why such a move raised suspicion. So if the devs are confident of their themselves, and are willing to disperse the community's wariness, all they have to do is to explain why they took down their names.
People who find their explanation reasonable would stay while the rest would move on. IMO, its unnecessary to come out to sarcastically challenge someone to try buy whatever website.
However, if they feel the community doesn't deserve apt responses to their queries then........
People who find their explanation reasonable would stay while the rest would move on. IMO, its unnecessary to come out to sarcastically challenge someone to try buy whatever website.
However, if they feel the community doesn't deserve apt responses to their queries then........
The caption "Please do not spam the email addresses." Underneath the current email addys explains quite a bit. Their personal emails were probably flooded.
How much of 1,800,000 premine went to the presale? and how much to DEVs? I do not see this listed anywhere.
13.9 BTC were sent for the pre-sale. The 1,800,000 were divided among the payees based on how much BTC they sent. I can't tell you whether the developers bought any for themselves.Wow, so the DEVs made 13.9 BTC from the pre-sale. Where did that go to?
Re: [ANN] [INT] IntelliCoin | 2 WEEKS POW! | IntelliApp | InSign
There isnt 4 million i think there is around 2.3/2.4 million
Funny how the exact number has not been made clear yet
not hard jesus.

{
"version" : "v2.0.0.0: Experimental",
"protocolversion" : 60013,
"walletversion" : 60000,
"balance" : 0.00990000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 2476,
"timeoffset" : -38,
"moneysupply" : 2424999.20502321,
"connections" : 11,
"proxy" : "",
"ip" : "212.250.45.85",
"difficulty" : {
"proof-of-work" : 256.64616797,
"proof-of-stake" : 0.00024414
},
"testnet" : false,
"keypoololdest" : 1408269370,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00000000,
"errors" : ""
}
if you have a wallet you know how many coins there are.
people are so fucking dumb...whining about not knowing how many coins when it takes literally 5 seconds to figure it out.
how are you all investing in cryptocurrency when you don't even know how a wallet functions?
@n3rfherder You are the funny type. Am going to cry in a corner now that you have said I am stupid.
Anyways, Dev cleared the doubt by updating the total coins-- 12million-- in the specification. Thanks for your puerile attempt at answering the question.
Is all of the 15% premine for the pre-sale?