[ANN] Elacoin | Released | Fair Elastic Scrypt Mining | No Premine - page 78.

rosefox911

newbie

Activity: 42

Merit: 0

Quote from: Kinetic915 on May 13, 2013, 10:59:16 PM

can we report this guy please?

edit: Someone who "quickly disconnects" seems like someone who is trying to hide something.

Or he could have just logged off. Either way, this coin seems pretty suspicious. I might not mine it. Sucks, I was pretty pumped about it. Oh well.

syn999

full member

Activity: 196

Merit: 100

well, it doesnt look goof with all those comments

so i ll buy 1k 1ltc

TheSwede75

full member

Activity: 224

Merit: 100

Quote from: mercSuey on May 13, 2013, 10:59:04 PM

Quote from: kano on May 13, 2013, 09:41:15 PM

Quote from: RustyShackleford1950 on May 13, 2013, 09:26:08 PM

Looking like a scammer account: https://bitcointalk.org/index.php?topic=203881.new#new

Yes - people - please pay attention to this and read the link.

The thread OP is clearly up to nefarious deeds ...

Here's the proof in that thread.
https://bitcointalksearch.org/topic/m.2132183

When a crypto veteran like Kano post warnings like this I stop and listen....

You people should do the same.

Something is up and is very fishy about this...

I'm staying away. If indeed he holds an asic, then he benefits from an altcoin/new coin/scrypt coin disaster, which he may very well orchestrate with
his very own elacoin.

Looks like Royalcoin will be the last of the reliable (define 'reliable' however you want) scypt forks from this fanatical scrypt fork releasing bubble.

Bring on Taco's netcoin!

Yeah, cause we all totally 'love' royalcoin. Such a serious alt coin Roll Eyes

Kinetic915

full member

Activity: 168

Merit: 100

can we report this guy please?

edit: Someone who "quickly disconnects" seems like someone who is trying to hide something.

mercSuey

sr. member

Activity: 364

Merit: 250

Quote from: kano on May 13, 2013, 09:41:15 PM

Quote from: RustyShackleford1950 on May 13, 2013, 09:26:08 PM

Looking like a scammer account: https://bitcointalk.org/index.php?topic=203881.new#new

Yes - people - please pay attention to this and read the link.

The thread OP is clearly up to nefarious deeds ...

Here's the proof in that thread.
https://bitcointalksearch.org/topic/m.2132183

When a crypto veteran like Kano post warnings like this I stop and listen....

You people should do the same.

Something is up and is very fishy about this...

I'm staying away. If indeed he holds an asic, then he benefits from an altcoin/new coin/scrypt coin disaster, which he may very well orchestrate with
his very own elacoin.

Looks like Royalcoin will be the last of the reliable (define 'reliable' however you want) scypt forks from this fanatical scrypt fork releasing bubble.

Bring on Taco's netcoin!

Mhash pipe

member

Activity: 70

Merit: 10

Each coin is getting progressively shittier

I can't wait till turdcoin and stdcoin come out

saudibull

newbie

Activity: 28

Merit: 0

And again, still curious as to why he has not posted anything yet... ? No responses, or updates ...

brie

full member

Activity: 154

Merit: 100

Quote from: Hazard on May 13, 2013, 10:51:53 PM

I was provided with "release source code" to compile a windows binary from. Note that the genesis block was completely different from what is on github, so I believe this to be what he intended to release with.

Upon compiling, I did not like what I saw. I got 1 connection to the network, and started downloading a blockchain that was already 1360 blocks long. He quickly disconnected.

I suspect that he is creating a blockchain in private, which he then plans to release onto the network sometime after release. A similiar situation will unfold like what happened with gamecoin: the older, premined blockchain will replace the actual blockchain.

My guess is that he gave you code with a temporary genesis block to test compiling and he would switch to the real block and compile on his own after getting your help.

TheSwede75

full member

Activity: 224

Merit: 100

Well look at that, the website is also down. COINCIDENCE! Uh-Oh!

ha ha
What an absolutely retarded scam.. ha ha ha

Number6

sr. member

Activity: 490

Merit: 254

Quote from: Hazard on May 13, 2013, 10:51:53 PM

I was provided with "release source code" to compile a windows binary from. Note that the genesis block was completely different from what is on github, so I believe this to be what he intended to release with.

Upon compiling, I did not like what I saw. I got 1 connection to the network, and started downloading a blockchain that was already 1360 blocks long. He quickly disconnected.

I suspect that he is creating a blockchain in private, which he then plans to release onto the network sometime after release. A similiar situation will unfold like what happened with gamecoin: the older, premined blockchain will replace the actual blockchain.

But, but, in the title it clearly states "No premine". Surely, these coin developers have the best interests of the community in mind and would never stoop to such a low level.

Hazard

legendary

Activity: 980

Merit: 1000

Quote from: Tranz on May 13, 2013, 10:55:30 PM

But the title said no Premine!? Huh

If it's too good to be true... Grin

Tranz

legendary

Activity: 1540

Merit: 1052

May the force bit with you.

But the title said no Premine!? Huh

Hazard

legendary

Activity: 980

Merit: 1000

I was provided with "release source code" to compile a windows binary from. Note that the genesis block was completely different from what is on github, so I believe this to be what he intended to release with.

Upon compiling, I did not like what I saw. I got 1 connection to the network, and started downloading a blockchain that was already 1360 blocks long. He quickly disconnected.

I suspect that he is creating a blockchain in private, which he then plans to release onto the network sometime after release. A similiar situation will unfold like what happened with gamecoin: the older, premined blockchain will replace the actual blockchain.

JessicaMILFson

full member

Activity: 182

Merit: 100

Gonna sit this one out. I have a feeling that MilkShake and Limitless are the same

MrWizard

sr. member

Activity: 252

Merit: 250

Quote from: Mhash pipe on May 13, 2013, 10:44:03 PM

I'm sitting this one out... There hasn't been a profitably scrypt coin released since chn (btb, rlc, jkc, pwc, gmc, fkc all failed), so I don't see why this one will be any different.

If I'm wrong though and this one sticks, it sounds like the train won't completely be gone.

I predict no profit from this coin. I just want to help in the experiment of a coin that increases reward on increasing hash power. More coins = more supply = lower price.

saudibull

newbie

Activity: 28

Merit: 0

Quote from: MrWizard on May 13, 2013, 10:42:46 PM

Starting to get really worried about this coin. Less than 3 1/2 hours before launch. Everything should be ready to go by now, but no word from the developer for over 4 hours.

Agree, publicly announcing a new coin with a decent following, he should keep everyone updated on any and all concerns...

Mhash pipe

member

Activity: 70

Merit: 10

I'm sitting this one out... There hasn't been a profitably scrypt coin released since chn (btb, rlc, jkc, pwc, gmc, fkc all failed), so I don't see why this one will be any different.

If I'm wrong though and this one sticks, it sounds like the train won't completely be gone.

MrWizard

sr. member

Activity: 252

Merit: 250

Starting to get really worried about this coin. Less than 3 1/2 hours before launch. Everything should be ready to go by now, but no word from the developer for over 4 hours.

Kinetic915

full member

Activity: 168

Merit: 100

has there been NO response from milkshake addressing all out concerns??

GSnak

full member

Activity: 182

Merit: 100

If the trojans in the release binaries aren't all that bad, I might join in on this.

Topic: [ANN] Elacoin | Released | Fair Elastic Scrypt Mining | No Premine - page 78. (Read 133939 times)