Joerii, sad to see you go. There is little I can do about it, at least I can tell people the real story behind the PXC pre-mine.
Mike had mined about 1 million PXC (~20K blocks) before the currency was released to the public. These coins were the community property, and they were supposed to be used for bounties, prizes, give-aways, etc. In a matter of fact, only a small part of them was used for this purpose as none of the PXC projects ever reached production level. Most of these coins (816K) were accumulated in his wallet at Pbg8ZUXw84QC575GRDLJyMYFmm35Pyn9i2 address. They were supposed to be kept there, but 410K went to
between 11-Jul and 21-Jul. Both of them are Cryptsy addresses. PXC had been listed there on 24-May, but Mike asked Vern to make a one week delay, so the actual trading took place on 31-May. So, he sold it all before people realised the UNOCS Bridge and other projects he was supposed to work on were a complete failure. He knew it better than anyone else.
Now you all know what a piece of shit Mike Burns is.
P.S. Our new web site,
, is online.
EDIT: Let the following be here as well. Mike sold most of his BTC redeemed from the pre-mine dump to USD.
. Funny thing, he was scammed for 8.5 BTC there while sending first. I'm quoting his Bitcoin-OTC IRC when he was complaining of being ripped off and bragging of selling the pre-mine (
07:55 iamatrix ;;rate powerball -10 sent 2BTC for ppUSD - No payment
07:55 gribble Rating entry successful. Your rating of -10 for user powerball has been recorded.
07:56 BigBitz wrk|;;ident powerball
07:56 gribble Nick 'powerball', with hostmask 'powerball!4a22b9a7@gateway/web/freenode/ip.74.34.185.167', is identified as user powerball, with GPG key id None, key fingerprint None, and bitcoin address 1Js7mmogwSJJpMrRZD58KewYSic2xSVXC1
07:56 BigBitz wrk|;;getrating powerball
07:56 gribble Currently authenticated from hostmask powerball!4a22b9a7@gateway/web/freenode/ip.74.34.185.167 . User powerball, rated since Mon Jul 15 13:34:00 2013. Cumulative rating -7, from 4 total ratings. Received ratings: 3 positive, 1 negative. Sent ratings: 2 positive, 0 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=powerball07:56 bock ouch
07:56 iamatrix glad I did nto send the 10 he wanted
07:56 BigBitz wrk|Hmm.
07:56 BigBitz wrk|;;ident iamatrix
07:56 gribble Nick 'iamatrix', with hostmask '
[email protected]', is identified as user iamatrix, with GPG key id 9B414D79230AB219, key fingerprint 38DAFEAEC539B964D8B5835F9B414D79230AB219, and bitcoin address 157ukbZ9d3CfjqKjjUF3aSHfrdpVJEtpHr
07:57 BigBitz wrk|yeah gotta be careful with PayPal bro.
07:57 iamatrix ya.. had two other great trade.. 1 1.5 and the other 21.8 so all good
07:58 coingenuity powerball: care to answer?
07:58 Ssateneth ;;events *74.34.185*
07:58 gribble
http://otc.armed.us/otc/?*74.34.185*&&&&&
07:59 bock since paypal is revertable, I never do BTC fist
08:00 bock it's risky for the BTC seller anyways
08:01 Ssateneth ACTION just slammed down 3.5k for a 4k 60hz monitor he'll likely never use to its full potential.
08:01 iamatrix ya I see that.. oh well..
08:02 coingenuity
http://blockchain.info/address/1Js7mmogwSJJpMrRZD58KewYSic2xSVXC1 leads to
http://blockchain.info/address/1GbUQvYGSmiBEgsf3W4RWNqykyXGgUjSuA08:02 coingenuity quite a few coins deposited
08:02 hylje if you would use it to its full potential you'd have to buy another in order to not be limited by it
08:02 coingenuity looks like an exchange to me
08:03 benten btc goin up or down!
08:03 iamatrix ya it was BTC-e
08:03 bock up up up up up up
08:04 coingenuity
http://blockchain.info/address/18SaGKDdzect9FqTEQ3k3Rgcj4gggwD34E yeah, coins running through mixers like that is probably btce customers
08:06 coingenuity
http://blockchain.info/address/1CM6qtxH4Pw5NeoLr37WAW2BqJYU6KmXUS and here's his cold storage
08:06 iamatrix I had a witdraw request into BTC-e to RedPass, then they stopped doing RedPass and cancelled the transaction, So I went looking for something else and found this place.. 
08:06 bock we need a paypal trust database, listing the verified paypal accounts that made transactions and are not traced to scammers
08:06 coingenuity yall need to stop donating so many btc to that scammer...
08:06 coingenuity
http://blockchain.info/taint/1CM6qtxH4Pw5NeoLr37WAW2BqJYU6KmXUS whoa.
08:06 benten what companies are worth investing in these days
08:07 iamatrix problem with that is Paypal would have a list then, or could lookup suspected accounts
08:07 coingenuity Phraust: how come so many of your coins are in that scammer's taint?
08:07 BigBitz wrk|Google.
08:07 BigBitz wrk|:D
08:07 bock benten: Osram!
08:08 allban iamatrix you have any funds on btc-e you want to create a voucher for and sell ?
08:08 coingenuity
http://otc.armed.us/otc/?*4a22b9a7@*&*@*74.34.185.167* ~> scammer's bitcoin address ~>
http://blockchain.info/taint/1CM6qtxH4Pw5NeoLr37WAW2BqJYU6KmXUS08:08 coingenuity i'm curious why that is.
08:08 iamatrix not right now, but will tomorrow..
08:09 iamatrix I play in Alt coins.. then convert to BTC08:10 allban yeah did like 60% profit on some dgc couple of days ago, would have been more if i didnt get scammed at the time to load up some coin hehe
08:10 iamatrix lol.. have you played with PXC?
08:11 allban i put the btc back in btc-e when the rally began on pxc/xmp :/
08:11 allban and now 100% fiat on btc-e
08:11 iamatrix its gonna happen again monday/tuesday
08:11 iamatrix PXC is mine08:11 allban thinking of re-buying some 50k+ alphacoin also, should not be much lower, so only upside
08:12 iamatrix seen this?
http://www.coindesk.com/feathercoin-phenixcoin-and-worldcoin-partner-to-form-unocs-the-united-ope...
08:12 allban hehe have 27.8 pxc from multipool i see now
08:12 iamatrix I have 800K 08:13 allban yeah, but will it hurt the value or help it on those coins
08:13 allban thats a chunk of change m8
08:13 coingenuity lol
08:13 coingenuity MOAR BUBBLEZ
08:13 iamatrix Im built what the count down timer is counting down too..
08:14 BigBitz wrk|;;ticker
08:14 gribble MtGox BTCUSD ticker | Best bid: 98.25014, Best ask: 98.25999, Bid-ask spread: 0.00985, Last trade: 98.25999, 24 hour volume: 16488.41384500, 24 hour low: 96.18000, 24 hour high: 100.00000, 24 hour vwap: 98.27109
08:14 iamatrix We are building all the platforms, we are using FTC and WDC for marketing and their communities08:14 allban you own 25% of the pxc coins ..
08:15 iamatrix 1M pre-mine
08:15 iamatrix gave away almost 200K so far08:15 coingenuity not only is it pre-mined, but its gambling-based...sigh
08:16 coingenuity im going to retire from bitcoin and go farm corn in nebraska where they dont have internet, bai
08:16 iamatrix not really, just how it shown under unocs for now
08:16 coingenuity iamatrix: nothing personal, sorry
08:16 coingenuity ACTION quiet now
08:17 iamatrix lol its not personal its business
08:17 iamatrix Im not out to make miners happy, I out to make money..08:19 coingenuity so each one of those things is worth....how much
08:19 coingenuity 0.0002?
08:19 iamatrix its only 1.5 months old
08:19 iamatrix and he have not released anything yet08:19 coingenuity i'm just calculating a market cap
08:20 iamatrix depending on the day, aruond 100k
08:20 allban coingenuity $ 97,486
08:20 allban
http://coinmarketcap.com/ if you trust that
08:20 coingenuity heh
08:20 coingenuity gamblers be gamblin
08:22 iamatrix we have full merchant services comming and other things.. I was in Adult for 20 years, but kids are getting to old for that now08:22 coingenuity heh
08:22 coingenuity i0 isnt even on that page any more allban
08:22 coingenuity thats funny
08:22 coingenuity anyone want some i0coins? xD
08:22 coingenuity somehow ixcoin is still there
