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eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Quote from: generalizethis on September 27, 2015, 03:15:31 PM

Are you saying your coin was as fairly launched as Bitcoin? Also, didn't you realize that not relaunching after the accidental mine would forever taint your launch with the possibility of insider manipulation? In my estimation, you either failed to see the obvious or you are currently misleading people. Either way, it's a losing proposition for an investor who values quality leadership.

Is the Dash distribution currently better than Bitcoins on July, 1 2010 (1.5 years after launch)? YES! Can you prove otherwise?

There is no such thing as a fair distribution, Bitcoin, Litecoin, etc... they ALL have declining supply curves. That is mathematically defined unfair distribution, where most of the coins are issued up front. Life is unfair, you can't always catch a coin when it launches and make a bunch of money off of it.

The community should support competition in the space and all projects where there is a lot of effort. We need more ideas in this space, not less. If Bitcoin had it's way, all of our "silly projects" would be killed off and it would be a monopoly in the space, the only game in town. This isn't healthy for a free market, we should be exploring as many new ideas as possible, to try and find the real solutions, the ones the Bitcoin devs don't care to look into (like decentralized governance https://www.youtube.com/watch?v=x2bx0quM-h0 and virtual corporations so that we could have a truly decentralized ecosystem https://www.youtube.com/watch?v=eEJKZjTx9Bg)

illodin

hero member

Activity: 966

Merit: 1003

Quote from: generalizethis on September 27, 2015, 03:15:31 PM

Either way, it's a losing proposition for an investor who values quality leadership.

Yes, it's terrible to invest in a project where the leader makes decisions that benefit the investors.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: eduffield on September 27, 2015, 03:05:27 PM

Quote from: ?? on ??

So eduffield says the instamine wasn't a scam, i guess that's all the proof I need! Roll Eyes

What do you expect, that's he'll admit it?

Was the instamine a scam? "Definitely not"

Quote from: eduffield on January 18, 2014, 05:42:43 PM

Quote from: kaene on January 18, 2014, 05:39:29 PM

Quote from: eduffield on January 18, 2014, 05:37:39 PM

Quote from: smartbrain on January 18, 2014, 05:36:13 PM

Quote from: illodin on January 18, 2014, 05:30:28 PM

Ok now it insta crashes when I type "setgenerate true".

Time to go to bed and try again next week?

Yeah, let's do that. I obviously need to do some more testing. Thanks everyone!

Best thing to do I guess. Please, confirm you won't be launching after some minutes/hours even if you fix it, and the sooner would be tomorrow, thanks.

Definitely not. I'll also follow up with this post when I do set a time.

Seeing a pattern?

Deceptive launch time, lack of windows wallets, the supposed "bug" that instamined over 23% of the total coins in circulation in 8 hours - anyone with brain sees exactly what happened here.

Quote from: ?? on ??

In regards to this: https://dashdot.io/alpha/?page_id=118

What is your response to this:

Quote

If you don’t like that it was an instamine, that’s fine, go invest in something else.

If you don't like hearing criticism about your oops!stamined scamcoin, that's fine, go click on another thread.

I'm going to venture a guess. You bought the original hype about Darkcoin when it was $12-15 (when we had no technology and just ideas!), then it fell to $5 and you were looking for something to blame and learned about the instamine? You've been waiting for months for it to collapse and it's not, because now that we have REAL technology that works. What are you going to do when you finally realize it's not a scam and no one cares about the instamine because the technology is whats important?

The whole instamine is over blown because every coin that's even moderately successful has founders with >5%. Dash is on the low end, our founders have way less coins than the Bitcoin devs, Ripple, etc. Bitcoin for example was unknown with a handful of miners for nearly 1-2 years, they mined 6 million coins during that time. Satoshi alone was thought to have 10%. Our entire team combined has less than 10% of the supply (current supply, not total). So what?

What about corporations? They all start out with "Instamines". Does that make every corporation in history a scam?

Are you saying your coin was as fairly launched as Bitcoin? Also, didn't you realize that not relaunching after the accidental mine would forever taint your launch with the possibility of insider manipulation? In my estimation, you either failed to see the obvious or you are currently misleading people. Either way, it's a losing proposition for an investor who values quality leadership.

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Quote from: ?? on ??

So eduffield says the instamine wasn't a scam, i guess that's all the proof I need! Roll Eyes

What do you expect, that's he'll admit it?

Was the instamine a scam? "Definitely not"

Quote from: eduffield on January 18, 2014, 05:42:43 PM

Quote from: kaene on January 18, 2014, 05:39:29 PM

Quote from: eduffield on January 18, 2014, 05:37:39 PM

Quote from: smartbrain on January 18, 2014, 05:36:13 PM

Quote from: illodin on January 18, 2014, 05:30:28 PM

Ok now it insta crashes when I type "setgenerate true".

Time to go to bed and try again next week?

Yeah, let's do that. I obviously need to do some more testing. Thanks everyone!

Best thing to do I guess. Please, confirm you won't be launching after some minutes/hours even if you fix it, and the sooner would be tomorrow, thanks.

Definitely not. I'll also follow up with this post when I do set a time.

Seeing a pattern?

Deceptive launch time, lack of windows wallets, the supposed "bug" that instamined over 23% of the total coins in circulation in 8 hours - anyone with brain sees exactly what happened here.

Quote from: ?? on ??

In regards to this: https://dashdot.io/alpha/?page_id=118

What is your response to this:

Quote

If you don’t like that it was an instamine, that’s fine, go invest in something else.

If you don't like hearing criticism about your oops!stamined scamcoin, that's fine, go click on another thread.

I'm going to venture a guess. You bought the original hype about Darkcoin when it was $12-15 (when we had no technology and just ideas!), then it fell to $5 and you were looking for something to blame and learned about the instamine? You've been waiting for months for it to collapse and it's not (real next-gen technology, really amazing 50+ member team, 10000+ hours of work has been put into this project in the last 1.5 years). What are you going to do when you finally realize it's not a scam, then it takes off and no one cares about the instamine because the technology is whats important?

The whole instamine is over blown because every coin that's even moderately successful has founders with >5%. Dash is on the low end, our founders have way less coins than the Bitcoin devs, Ripple, etc. Bitcoin for example was unknown with a handful of miners for nearly 1-2 years, they mined 6 million coins during that time. Satoshi alone was thought to have 10%. Our entire team combined has less than 10% of the supply (current supply, not total). So what?

What about corporations? They all start out with "Instamines". Does that make every corporation in history a scam?

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: ?? on ??

Quote from: AdamWhite on September 27, 2015, 01:52:30 PM

Quote from: eduffield on September 27, 2015, 01:19:24 PM

TLDR: The instamine was a bug that turned into a feature

In regards to this: https://dashdot.io/alpha/?page_id=118

What is your response to this:

Quote

If you don’t like that it was an instamine, that’s fine, go invest in something else.

eh, i think he already replied with a K, so i guess Adam is okay with it.

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: eduffield on September 27, 2015, 01:19:24 PM

Quote from: onemorexmr on September 27, 2015, 01:14:51 PM

Quote from: eduffield on September 27, 2015, 01:12:54 PM

There's lot's of false information rolling around this thread Roll Eyes

Here's an interview that clarifies the instamine and what happened: https://dashdot.io/alpha/?page_id=118
TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

If you want to learn about the technology, watch the video series. (there's a hidden message in the series somewhere that no one has found Grin

)

https://www.dashpay.io/dash-video-series/

if i where you i'd also say that the instamine is now a feature... at least you got a huge amount of coins that way Huh

I'm going to venture a guess that you either read at 1000wpm or you didn't read that article.

I have a confession to make, even i didnt read your mentioned interview as i incorrectly assumed it directed to the birth of darkcoin and
wouldnt contain information i didnt read already. I just now clicked your link and realised it does contain a lot of new information.
Thanks for the link.

AdamWhite

hero member

Activity: 605

Merit: 500

Quote from: eduffield on September 27, 2015, 01:19:24 PM

TLDR: The instamine was a bug that turned into a feature

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: eduffield on September 27, 2015, 01:12:54 PM

There's lot's of false information rolling around this thread Roll Eyes

Here's an interview that clarifies the instamine and what happened: https://dashdot.io/alpha/?page_id=118
TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

If you want to learn about the technology, watch the video series. (there's a hidden message in the series somewhere that no one has found Grin

)

https://www.dashpay.io/dash-video-series/

damn, i already watched them (all of them) and i didnt find any hidden message. Please dont tell me we are suppose to watch those video's backwards in order
to reveal any hidden messages ? Grin

onemorexmr

sr. member

Activity: 252

Merit: 251

Quote from: eduffield on September 27, 2015, 01:19:24 PM

Quote from: onemorexmr on September 27, 2015, 01:14:51 PM

Quote from: eduffield on September 27, 2015, 01:12:54 PM

There's lot's of false information rolling around this thread Roll Eyes

Here's an interview that clarifies the instamine and what happened: https://dashdot.io/alpha/?page_id=118
TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

If you want to learn about the technology, watch the video series. (there's a hidden message in the series somewhere that no one has found Grin

)

https://www.dashpay.io/dash-video-series/

if i where you i'd also say that the instamine is now a feature... at least you got a huge amount of coins that way Huh

I'm going to venture a guess that you either read at 1000wpm or you didn't read that article.

i was there in the first days of xcoin and i dont need an article to explain to me what happend back then

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

Quote from: onemorexmr on September 27, 2015, 01:14:51 PM

Quote from: eduffield on September 27, 2015, 01:12:54 PM

There's lot's of false information rolling around this thread Roll Eyes

Here's an interview that clarifies the instamine and what happened: https://dashdot.io/alpha/?page_id=118
TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

If you want to learn about the technology, watch the video series. (there's a hidden message in the series somewhere that no one has found Grin

)

https://www.dashpay.io/dash-video-series/

if i where you i'd also say that the instamine is now a feature... at least you got a huge amount of coins that way Huh

I'm going to venture a guess that you either read at 1000wpm or you didn't read that article.

onemorexmr

sr. member

Activity: 252

Merit: 251

Quote from: eduffield on September 27, 2015, 01:12:54 PM

There's lot's of false information rolling around this thread Roll Eyes

Here's an interview that clarifies the instamine and what happened: https://dashdot.io/alpha/?page_id=118
TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

If you want to learn about the technology, watch the video series. (there's a hidden message for investors in the series somewhere that no one has found Grin

)

https://www.dashpay.io/dash-video-series/

if i where you i'd also say that the instamine is now a feature... at least you got a huge amount of coins that way Huh

eduffield

legendary

Activity: 1176

Merit: 1036

Dash Developer

There's lot's of false information rolling around this thread Roll Eyes

Here's an interview that clarifies the instamine and what happened: https://dashdot.io/alpha/?page_id=118
TLDR: The instamine was a bug that turned into a feature, it's also why we're continuing to be a success.

If you want to learn about the technology, watch the video series. (there's a hidden message in the series somewhere that no one has found Grin

)

https://www.dashpay.io/dash-video-series/

illodin

hero member

Activity: 966

Merit: 1003

Quote from: AdamWhite on September 22, 2015, 12:24:31 PM

Quote from: illodin on September 22, 2015, 02:12:44 AM

Quote from: smoothie on September 20, 2015, 08:37:48 PM

My take is that the real reason why Dark was renamed to Dash was to distance itself from the insta-mined coins story as well as other shady things that happened near its release in 2014.

My take is you will choose to believe whatever happens to suit your agenda at any given time.

Still waiting for your intervention in the Axiom thread btw. C'mon now, it had ninja launch, instamine amplified with huge instaPoS, instantly on exchanges, dev abandoned the project soon after. Should get your altruistic scam buster juices flowing.

And when you're done with Axiom, I have another one for you: https://bitcointalk.org/index.php?topic=1180846.0;all

I admire your scam-busting attitude! The logical way to do it with limited resources would be to focus on the biggest scams by market cap (Xcoin/Darkcoin/DASH) and work your way down.

You should know the background before opening your mouth. Smoothie claimed the price of DASH didn't have any bearing on his decision to attack it ("price has nothing to do with it") and implied it was for altruistic reasons boasting his other "scam busting" ventures (RealSolid/Coinhunter when BTC was $5 and SLC $0.01) as a reference for not caring about the price.

AdamWhite

hero member

Activity: 605

Merit: 500

Quote from: ?? on ??

I couldn't agree more.

I think you need to follow your own advice though and start with the biggest scams by market cap and work your way down.

Indeed. But since this is the altcoin section of Bitcointalk, let's stick to cryptocurrencies for now.

pilscoop

member

Activity: 70

Merit: 10

Where can I trade LTC and DASH?

RenegadeMan

hero member

Activity: 658

Merit: 500

Very much appreciate your work here Sir Alpha_goy. Even if I don't agree with all your assessments, you're adding considerable substance and value to the consideration of these two alts that (as you've pointed out) are so important to what's going on in crypto in general. Thanks.

hthsco

newbie

Activity: 15

Merit: 0

I like DASH. I love DASH. Grin

AdamWhite

hero member

Activity: 605

Merit: 500

Quote from: illodin on September 22, 2015, 02:12:44 AM

Quote from: smoothie on September 20, 2015, 08:37:48 PM

My take is that the real reason why Dark was renamed to Dash was to distance itself from the insta-mined coins story as well as other shady things that happened near its release in 2014.

My take is you will choose to believe whatever happens to suit your agenda at any given time.

Still waiting for your intervention in the Axiom thread btw. C'mon now, it had ninja launch, instamine amplified with huge instaPoS, instantly on exchanges, dev abandoned the project soon after. Should get your altruistic scam buster juices flowing.

And when you're done with Axiom, I have another one for you: https://bitcointalk.org/index.php?topic=1180846.0;all

I admire your scam-busting attitude! The logical way to do it with limited resources would be to focus on the biggest scams by market cap (Xcoin/Darkcoin/DASH) and work your way down.

illodin

hero member

Activity: 966

Merit: 1003

Quote from: smoothie on September 20, 2015, 08:37:48 PM

My take is that the real reason why Dark was renamed to Dash was to distance itself from the insta-mined coins story as well as other shady things that happened near its release in 2014.

My take is you will choose to believe whatever happens to suit your agenda at any given time.

Still waiting for your intervention in the Axiom thread btw. C'mon now, it had ninja launch, instamine amplified with huge instaPoS, instantly on exchanges, dev abandoned the project soon after. Should get your altruistic scam buster juices flowing.

And when you're done with Axiom, I have another one for you: https://bitcointalk.org/index.php?topic=1180846.0;all

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

funny the FedRes was named something like the Banking Cartel Coalition or something along that line
https://en.wikipedia.org/wiki/Panic_of_1907 (best I could find on the subject google you failed me!)

funny punny too ... it will be Dark history Wink

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