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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1274. (Read 2509934 times)

sr. member
Activity: 245
Merit: 250
God damn it somebody else having this problem that blackcoins are held for orders on mintpal? But nowhere to be found on the BTC/BC market? I am thus unable to cancel the order or even cash out the BC ...

Nope. Trading works like a charm. Even at work  Cool
full member
Activity: 210
Merit: 100
Getting scary out there...  The roundness of those orders suggests it's just a few people holding up the price....



Yep, its being manipulated to dump - they get you to pump it up by panic buying more only to dump on you - probably the coins that were stolen.

Are the 22 million coins that went out of the CR wallet simply on the bad fork? or can they be used by the new client?

Total loss reported about 1.5 million coins, 22 million number is their total processed coins as far as I understand. The coins were withdrawn by normal CR users seeing larger balance than they should have, not a single entity/hacker. The coins were distributed across many people, no single large dumper was born. The coins are useable.

How did they end up with a total negative balance in their wallet? I mean, the daemon will not send coins it doesn't have. They must have HAD that many coins -- but they're claiming they didn't. They say they only had 68k coins or something, and ended up with a massive negative balance. The client doesn't -- or obviously shouldn't -- allow that to happen. The only way it might happen that I can see would be if the coins were on a bad fork. Right? Forget about logs, all the coins coming out of that wallet should be traceable and invalidated if they were in fact sent due to a bug in the client.

They had that many coins, it was just distributed all to the wrong people. As far as I understand they rely on coin daemon account feature to track user balances, but for POS coins this is inaccurate as coin staking creates new addresses and moves coins around, I don't claim to understand where/how the negative balance thing happened, maybe rat4 will show up and explain, but these questions probably better asked in CR announcement thread.
full member
Activity: 182
Merit: 100
God damn it somebody else having this problem that blackcoins are held for orders on mintpal? But nowhere to be found on the BTC/BC market? I am thus unable to cancel the order or even cash out the BC ...
full member
Activity: 210
Merit: 100
Or this could be multipool buying up coins

talking abour pool    when should I expect BC-s from       blackcoinpool      wheres more info about pool ,how they pay OUT,  any thread running for blackcoinpool   im mining again, mined yestarday for 1 hour or so, didnt   got ZERO



     what am I mining here      www.blackcoinpool.com   master?

It is mining the most profitable coin which is not currently displayed, exchanges to BTC, uses BTC to buy BC through out the day and pay your shares. It is manual work and pay outs might lag, they will resume work on frontend stats tomorrow AFAIK.
hero member
Activity: 568
Merit: 500
Getting scary out there...  The roundness of those orders suggests it's just a few people holding up the price....



Yep, its being manipulated to dump - they get you to pump it up by panic buying more only to dump on you - probably the coins that were stolen.

Are the 22 million coins that went out of the CR wallet simply on the bad fork? or can they be used by the new client?

Total loss reported about 1.5 million coins, 22 million number is their total processed coins as far as I understand. The coins were withdrawn by normal CR users seeing larger balance than they should have, not a single entity/hacker. The coins were distributed across many people, no single large dumper was born. The coins are useable.

How did they end up with a total negative balance in their wallet? I mean, the daemon will not send coins it doesn't have. They must have HAD that many coins -- but they're claiming they didn't. They say they only had 68k coins or something, and ended up with a massive negative balance. The client doesn't -- or obviously shouldn't -- allow that to happen. The only way it might happen that I can see would be if the coins were on a bad fork. Right? Forget about logs, all the coins coming out of that wallet should be traceable and invalidated if they were in fact sent due to a bug in the client.
legendary
Activity: 1274
Merit: 1000
I have a feeling we are in the eye of the storm.
full member
Activity: 210
Merit: 100
Or this could be multipool buying up coins

talking abour pool    when should I expect BC-s from       blackcoinpool      wheres more info about pool ,how they pay OUT,  any thread running for blackcoinpool   im mining again, mined yestarday for 1 hour or so, didnt   got ZERO

Go to irc, better support there, pool is up, shares are counted, frontend stats don't work, you will be paid out.
full member
Activity: 210
Merit: 100
Getting scary out there...  The roundness of those orders suggests it's just a few people holding up the price....



Yep, its being manipulated to dump - they get you to pump it up by panic buying more only to dump on you - probably the coins that were stolen.

Are the 22 million coins that went out of the CR wallet simply on the bad fork? or can they be used by the new client?

Total loss reported about 1.5 million coins, 22 million number is their total processed coins as far as I understand. The coins were withdrawn by normal CR users seeing larger balance than they should have, not a single entity/hacker. The coins were distributed across many people, no single large dumper was born. The coins are useable.
full member
Activity: 154
Merit: 100
(cross posting this from https://bitcointalk.org/index.php?topic=529779.80)

Can someone competent explain how

Code:
# blackcoind sendfrom

could continue to work if the total wallet balance was negative? Was the daemon just generating fake coins and sending them? Or what?

There are instances where getbalance shows a negative amount on individual accounts in Bitcoind as well, that's not unusual. On Sapphire we don't rely on accounts for individual users, and rather just check getreceivedbyaddress against the known prior deposits for a given address (which we assign to one user).

What would be very unusual is if the total amount in the wallet was negative, and the daemon was still allowing coins to be sent. Am I to take it that's what happened here? Or am I misreading that chat somehow?

As far as I understand they had 1.8M but their internal accounts shows a lot more ~22M, so some people took all the bc they didn't have, until the 1.8M was gone. But after that, no more coins can be taken since they are not really there in the first place. But they should be able to trace all this coins from the withdrawal info / trades and deposits. Not really hard, unless they don't even have logs xD.
sr. member
Activity: 336
Merit: 250
Or this could be multipool buying up coins

talking abour pool    when should I expect BC-s from       blackcoinpool      wheres more info about pool ,how they pay OUT,  any thread running for blackcoinpool   im mining again, mined yestarday for 1 hour or so, didnt   got ZERO
full member
Activity: 224
Merit: 100
Somebody is going to dump a big amount of BC!!Sad but true!!!   
hero member
Activity: 568
Merit: 500
Getting scary out there...  The roundness of those orders suggests it's just a few people holding up the price....



Yep, its being manipulated to dump - they get you to pump it up by panic buying more only to dump on you - probably the coins that were stolen.

Are the 22 million coins that went out of the CR wallet simply on the bad fork? or can they be used by the new client?
full member
Activity: 210
Merit: 100
Or this could be multipool buying up coins
full member
Activity: 154
Merit: 100
Getting scary out there...  The roundness of those orders suggests it's just a few people holding up the price....



Yep, its being manipulated to dump - they get you to pump it up by panic buying more only to dump on you - probably the coins that were stolen.
sr. member
Activity: 336
Merit: 250
CS Student - BC Logo Guy
Getting scary out there...  The roundness of those orders suggests it's just a few people holding up the price....

hero member
Activity: 568
Merit: 500
(cross posting this from https://bitcointalk.org/index.php?topic=529779.80)

Can someone competent explain how

Code:
# blackcoind sendfrom

could continue to work if the total wallet balance was negative? Was the daemon just generating fake coins and sending them? Or what?

There are instances where getbalance shows a negative amount on individual accounts in Bitcoind as well, that's not unusual. On Sapphire we don't rely on accounts for individual users, and rather just check getreceivedbyaddress against the known prior deposits for a given address (which we assign to one user).

What would be very unusual is if the total amount in the wallet was negative, and the daemon was still allowing coins to be sent. Am I to take it that's what happened here? Or am I misreading that chat somehow?
newbie
Activity: 15
Merit: 0
Quote
[09:10] rat4, Im killing your coin.
[09:10] ok
[09:10] from the altcoin-scene.
[09:10] not just cryptorush - but all the exchanges
[09:10] your coin is a scamcoin and a virus
[09:11] and I will make sure you pay us back from your own money - sell your house, your car or whatever
[09:11] You have my word on that.

[09:24] you better make a fucking deal - or you will be working for me until every single penny is paid back
[09:25] and if you wont work for me - forget working at all, Ill finnish you.
[09:26] one way or another you are paying us back.
[09:26] forget about your coin - concider the value of your life and health for being such a thief
[09:27] blackcoin was not a fucking error - it was a fucking trojan-virus designed to steal money


These are officially some of the most ridiculous statements I have read in the crypto world. Grin

Ridiculous exchange, Cryptorush makes itself look like an utter laughingstock.

Then checkout this movie of of Fyrstikken, Muhahaha.. Guess he's a bagholder of Topcoin also

https://www.youtube.com/watch?v=vpHHcuhXhs8

See his website: http://www.fyrstikken.tv/3993A732-057F-426B-A046-7B44B7ED03D6/Main.html

Funny stock in CR, symbol CRS on CR, barely moved today. Guess they're not planning on paying back the 100+ BTC they owe us.
full member
Activity: 154
Merit: 100
FUck! Another pump and dump - some big players just got us to buy more coins up to 8300+ on the back off really bad news lol I hate them but damn that was well done.
sr. member
Activity: 336
Merit: 250
CS Student - BC Logo Guy
Roll Eyes I wouldn't e buying right now guys. I'm just holding Smiley This looks like a pump exit strategy by some big player.

I might or might not be. Either way, someone's buying and the price is going up.

Buy now and recover bottom line faster for the pools to come back online, or hold back and see what's doing. Hmmm.
It's recovered fast from that dip when it went offline.

Yeah, I'm holding right now. There's a potential of making a killing if this crashes back to 6000 range but also being left out if it jumps.
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