[ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake - page 216.

Mr.Pro

sr. member

Activity: 644

Merit: 251

Quote from: Rikki_Tikki_Tavi on March 10, 2017, 05:58:32 PM

Why so many Chinese Exchanges? How about the none Chinese investors? Why can't you add Bittrex, or Liqui.io, CoinExchange, or CCex?
Why make it so hard for the none Chinese community?

Cry

Cos this scam is baked but someone noticed how dirty the way they bake this scam. Sorry for them people don't want to have another big crypto scam.

Rikki_Tikki_Tavi

full member

Activity: 175

Merit: 100

Quote from: Qtum on March 10, 2017, 12:36:06 AM

Press Update:

FinanceMagnates.com discusses the March 16th Qtum Crowd Sale.

The price has been released at: https://qtum.org/en/crowdsale

http://www.financemagnates.com/cryptocurrency/news/qtum-crowdsale-raise-15m-six-mostly-chinese-exchanges/

Avi Mizrahi | News (CryptoCurrency) | Thursday, 09/03/2017|10:34 GMT

The Qtum Foundation, developer of the recently revealed Qtum smart contracts blockchain, today announced plans to hold its upcoming QTUM token crowdsale to raise over 13,000 BTC (over $15 million) on six exchanges at once. The 30-day token crowdsale will begin March 16, offering 51 million QTUM for either Bitcoin or Ethereum.

QTUM are the cryptographic software tokens used to engage with distributed applications and smart contracts on the Qtum platform, and will serve as the staking currency of the Qtum blockchain, as well as fuel for computational operations performed by the Qtum network.

“This crowdsale will accelerate the development of the Qtum Project and assure that we will have a stable blockchain platform for industry and consumer smart contracts. Given the commercial interest for making IoT, financial, and supply chain applications on blockchain, we imagine Qtum can be the robust infrastructure these applications are built on,” said Patrick Dai, co-founder of the Qtum Project

The crowdsale will be at these mostly Chinese cryptocurrency exchanges and crowdfunding portals: Bizhongchou, Yunbi, ICOAGE, Allcoin, ICO365, and BTC9.

Qtum recently announced a partnership with PwC China, which will support Qtum’s efforts to help fuel blockchain adoption across global business sectors. Qtum has raised $1 million from investors including Chen Weixing (Kuaidi), Star Xu (OkCoin), Anthony Di Iorio (Ethereum, Jaxx Blockchain Interface), Jeremy Gardner (Augur), Fenbushi Capital’s Managing Partner Bo Shen, and angel investor Xiaolai Li.

Why so many Chinese Exchanges? How about the none Chinese investors? Why can't you add Bittrex, or Liqui.io, CoinExchange, or CCex?
Why make it so hard for the none Chinese community?

Cry

stackoverflow

full member

Activity: 224

Merit: 100

Quote from: stormia on March 10, 2017, 03:47:59 PM

... and stackoverflow you will also notice those accounts were actually created right after the release of qtum ...

Looks like you're paranoid now Grin

stackoverflow: Date Registered: April 14, 2015

cerejobastos

full member

Activity: 140

Merit: 100

wish I had never commented in this thread.
put your money on decred or Iconomi (not only good ones ofc) if you want a valid risk with possible huge rewards, if you want long term profit go for bitcoin.
avoid qtum, just my opinion.
good luck cryptofellows.

stormia

hero member

Activity: 868

Merit: 1000

cybterpunk, BTCspace, and stackoverflow are clearly shills for this project. It is beyond obvious if you just take a quick glance at their post history and in the case of cybterpunk and stackoverflow you will also notice those accounts were actually created right after the release of qtum for the sole purpose of shilling it. Nobody else on this forum is supporting this project except these shills, a few other even newer sockpuppet accounts that aren't even worth mentioning, and the accounts of the team themselves. Literally everybody else is calling this out for what it is.

I can't believe this is even still set to happen, and with the absurd ICO pricing too.

Let's just pretend for a moment there is nothing to worry about here in terms of the project being a scam:

Even if this didn't reek of scam they want to raise 15 million dollars in the ICO for only 51% of the supply. That's an initial market capitalization of 30 million. Based on what? What justifies the biggest initial market capitalization in the history of crypto ICOs? There isn't even a github yet. It's ridiculous. What sane investor would invest in this? There is little room to grow and tons of room for the price to fall. With an initial market cap of 30 mil how could anybody expect to make a profit by investing in the ICO, even if this isn't a scam?
Factor in the additional fact the team is also going to have 29% of the supply that they will be selling to further fund the project (as if 15 million isn't enough?) and the fact the angel backers invested only ~1 million and got 20% of the supply meaning they paid 1/6th what ICO investors will have to pay and they can dump their coins all the way down to 1/6 the ICO price and still sell for a profit. How the hell are you going to support an initial market cap of 30 mil when you also have that type of sell pressure coming from the 49% premine? Even if the team were clean as a whistle how is anybody dumb enough to think this is a sound investment?

Why wouldn't somebody just wait until after the ICO to buy on the inevitable dump below ICO price? That way you could also wait and see for certain whether or not it is a scam.

pugman

legendary

Activity: 2383

Merit: 1551

dogs are cute.

Patrick collected 200BTC & 200bitbays (worth around 100btc) From the ICO and ran.
He did no work and left David Zimbeck holding the baby. BecUse of this David has been working for free for 2 years on bitbay.

Patrick has been dumping his FREE 200bitbay on investors for 2 years artificially holding the price down and in the process earning him around 100btc!

He is a scam artist and Bitbay will not forget! EVER. Karma Steven/patrick!

Give it back!!

cybterpunk

full member

Activity: 414

Merit: 101

after invest， when can i trade and when can i get the Qtum token?

thank you very much.

cybterpunk

full member

Activity: 414

Merit: 101

any bounty plan for community or promotions?

thank you

cybterpunk

full member

Activity: 414

Merit: 101

Quote from: BTCspace on March 09, 2017, 09:06:45 AM

why hold 49% ?

that's too much.

BTCspace

hero member

Activity: 952

Merit: 501

Quote from: AntiTrump on March 10, 2017, 10:39:43 AM

Quote from: BTCspace on March 10, 2017, 10:32:43 AM

Quote from: AntiTrump on March 10, 2017, 10:26:24 AM

Was an explanation given for why the ICO is no longer using Qtum website as an investment option?

kyc.

They did initially present that as an option and were creating an ICO website to give people an opportunity to invest outside of Chinese exchanges.

yunbi.com is the choice.

BTCspace

hero member

Activity: 952

Merit: 501

just wonder what's the price of 1ETH=???Qtum ?

AntiTrump

newbie

Activity: 21

Merit: 0

Quote from: BTCspace on March 10, 2017, 10:32:43 AM

Quote from: AntiTrump on March 10, 2017, 10:26:24 AM

Was an explanation given for why the ICO is no longer using Qtum website as an investment option?

kyc.

They did initially present that as an option and were creating an ICO website to give people an opportunity to invest outside of Chinese exchanges.

BTCspace

hero member

Activity: 952

Merit: 501

Quote from: NH on March 10, 2017, 10:33:23 AM

looks good project..
but many ppl i watch say this scam?

Ethereum is a scam..

6 years ago, bitcoin is a scam too.

NH

sr. member

Activity: 422

Merit: 250

looks good project..
but many ppl i watch say this scam?

BTCspace

hero member

Activity: 952

Merit: 501

Quote from: AntiTrump on March 10, 2017, 10:26:24 AM

Was an explanation given for why the ICO is no longer using Qtum website as an investment option?

kyc.

DimiZb

sr. member

Activity: 403

Merit: 250

Quote from: AntiTrump on March 10, 2017, 10:26:24 AM

Was an explanation given for why the ICO is no longer using Qtum website as an investment option?

The reason may be they can't develop it, developing a website for investment costs many days, and it is not easy, it is more than one month job. I doubt their development skills and ability.

AntiTrump

newbie

Activity: 21

Merit: 0

Was an explanation given for why the ICO is no longer using Qtum website as an investment option?

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: stackoverflow on March 10, 2017, 05:19:05 AM

Quote from: altcoinrich on March 10, 2017, 05:15:21 AM

Quote from: stormia on March 10, 2017, 04:58:11 AM

Quote from: mummybtc on March 10, 2017, 03:44:32 AM

I will sit on the sideline and watch this ICO, I like the concept but there is no smoke without fire, all the allegations put forward here concerning the team members were not clarified and that is something for me to mull over.

I would also keep in mind that Gleb has a history of correctly identifying scams/scammers.

For example:
https://bitcointalksearch.org/topic/leroy-fodor-has-gone-full-delusional-stakeminers-confirmed-100sic-insolvent-990219
http://digiconomist.net/fraud-risk-assessment-stakeminers
https://bitcointalksearch.org/topic/m.17844811
https://bitcointalksearch.org/topic/m.17676624

Gleb is one of the most famous altcoin scam buster, he and cryptoevil are the best detectives in the forum, they are quite reputable for eliminating scams. Listen to them, or you will regret, since this is no escrow ICO, I refuse to invest. It is too risky.

I don't know about the other guy, but typing glebby's name on google brings up some scary results Grin

Not sure I can trust him!

welsonlee

newbie

Activity: 55

Merit: 0

Quote from: stackoverflow on March 10, 2017, 08:31:07 AM

Quote from: stereotype on March 10, 2017, 08:15:47 AM

Quote from: stackoverflow on March 10, 2017, 07:42:16 AM

Quote from: ninjabiz on March 10, 2017, 05:32:27 AM

Quote from: stackoverflow on March 10, 2017, 05:29:39 AM

Quote from: ninjabiz on March 10, 2017, 05:21:03 AM

Can you guys trust a guy who changed his name for 6 times and abandoned his previous projects before? This time he is making another ICO, I dare not invest, is it worth to gamble? Yeah, it is indeed a gamble.

6 times?

His original name is: Dai Xuguang, his names: Patrick Dai, Stephen Dai, Johnson Dai, Shuai Chu, Shuai Early, and so forth. maybe more than 10, who knows?

It's not uncommon for Chinese people to use aliases both Chinese and western, as for abandoned projects I haven't heard of any with concrete proof, all there is is unproven accusations and hearsay.

Explain why at least 6 times, though. What is that, just vanity, or something?

It's a cultural thing, you could ask a Chinese friend if you have one. But at least Chinese people have one name, one Chinese alias and one western, also aliases might change over time. Sometimes Chinese people will use a new Chinese alias when they change their job! as weird as it sounds it's true

No, no, I know that is not the case, the English name of the Chinese people generally do not take easily to change, unless changed workplace may change

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: stackoverflow on March 10, 2017, 08:56:59 AM

Quote from: stereotype on March 10, 2017, 08:43:20 AM

Quote from: stackoverflow on March 10, 2017, 08:36:46 AM

Quote from: cryptohunter on March 10, 2017, 08:33:39 AM

Quote from: stackoverflow on March 10, 2017, 08:31:07 AM

Quote from: stereotype on March 10, 2017, 08:15:47 AM

Quote from: stackoverflow on March 10, 2017, 07:42:16 AM

Quote from: ninjabiz on March 10, 2017, 05:32:27 AM

Quote from: stackoverflow on March 10, 2017, 05:29:39 AM

Quote from: ninjabiz on March 10, 2017, 05:21:03 AM

Can you guys trust a guy who changed his name for 6 times and abandoned his previous projects before? This time he is making another ICO, I dare not invest, is it worth to gamble? Yeah, it is indeed a gamble.

6 times?

His original name is: Dai Xuguang, his names: Patrick Dai, Stephen Dai, Johnson Dai, Shuai Chu, Shuai Early, and so forth. maybe more than 10, who knows?

It's not uncommon for Chinese people to use aliases both Chinese and western, as for abandoned projects I haven't heard of any with concrete proof, all there is is unproven accusations and hearsay.

Explain why at least 6 times, though. What is that, just vanity, or something?

It's a cultural thing, you could ask a Chinese friend if you have one. But at least Chinese people have one name, one Chinese alias and one western, also aliases might change over time. Sometimes Chinese people will use a new Chinese alias when they change their job! as weird as it sounds it's true

who cares how many times he changed it. He is the same guy that scammed bitbay community and the dev. That is all we need to know.
end of story.

nobody wants to invest with a known scammer.

any other details are fluff.

entirely disgusting starting a new ico after scamming bitbay.

Well the guy says he's innocent, and the weird thing is the accusers just remembered him now, before they were blaming someone else Huh

What part of 'using different names' are you having trouble understanding? His recently published picture was only recently recognised as someone else, cos he has been using multiple ID's. Even the devs didnt know his other ID's, or history.
Again, its not cultural to continually change your name in a short period of time, just because you feel your culture says so. Thats just bullshit, in anyones language.

I think you did not get what I meant, the accusers did not blame the guy with the alias they knew him with until recently, before he was the one that helped them while the real scammers flew with the money, or so they say.

Yes, Steven/Patrick/etc, got in way over his head, with a few other seriously organised scammers, and he didnt want to whore for them anymore. Correct.

Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake - page 216. (Read 525530 times)