Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 85. (Read 816010 times)

His house and office was destroyed...

At least we know why Sync is not fully "Proof of Developper" with 6 stars !
He couldn't confirm his postal address !!!!!!!!!!  

Sorry, i couldn't resist  
I have just donated by the way.

His escape should be shown live in TV on prime time and on coindesk !
He should wear a GPS to follow him on an iphone app....

Syncers please give !
- The target is almost done
- He is the dev, we don't care how he will escape and who he will pay !!! WTF
- It is very good PR, updated on Coindesk

How is the 15 btc going to be spent to get him out, is one question. Also second question is that, is there not a ceasefire at the moment? (please correct if i am wrong)

Money is being used to get out, pure and simple. Takes money.

We may have to convert and send it to him if he cannot. He's been in crypto a long time so I suspect he can somehow. And isnt that the point? The unbanked?

Hezbollah has a Bitcoin ATM. 

How can he convert BTC to fiat to escaoe Gaza? What's he using the money for?

So you know, Iyad provided ID and birth certificate, which was verified by both Coindesk and Altcoin Today.

I asked him to describe his situation for everyone, this is what he wrote back...


So far we have raised about 9.3btc from his cause. So close, please help, it is good for Sync, good for you, good for crypto.

Donation address:

16mPfBCgSgRD8MWJ5pgPcYdSC7witxx8Fx

Almost up to 10 of the target 15 BTC.

Ok, the donation request by Youngg / @Smokin35 has caused me to create a Bitcointalk account for the first time and I will sincerely forever hate him for that.  

I couldn't resist though.  I have to address the Sync community with a serious question.  

Why are we, as a group, so reluctant to donate a few BTC to help an extremely worthy cause?

I completely understand the hesitation to send BTC to some unknown address only because a guy on a forum / twitter has asked us to.  I've been burned by a few scams as part of my introduction into cryptocurrency over the past few months, and I'm sure there are more scams waiting for me down the road.  That's a risk I've accepted from the very moment I entered my banking information into Coinbase, bought BTC, and sent BTC to Mintpal, and bought Dogecoin as my first altcoin ever.  At any point during that transaction, my money could have disappeared and there wasn't really shit I could have done about it.  I knew that and accepted that.  ( By the way, I think my first true scam was the original LibertyCoin.  That was my first "big loss." ) Moving on....

Crypto is about Risk vs Reward, as is with many things in life.  When Youngg / @Smokin35 / @SyncFund / Mike Fiol reached out on Twitter asking for donations to help relocate the new developer of Sync, I was one of the first to donate.  Why did I so blindly send BTC to an address posted on Twitter by a guy I don't even know? Maybe I'm gullible, that's certainly a possibility.  But it was 0.25 BTC... about $125 or so.  I'll waste that much money on alcohol, coffee, and Chipotle this month and won't think twice about it.  And if I can possibly help someone relocate from a war zone, why not?

As I said above, it's all Risk vs Reward.  

The risks are, you get scammed.  Meaning the BTC you donated does not go towards the intended cause.  This was all a premeditated plan, starting several days ago, to extract 13 BTC from the Sync community and people on Twitter. Anyone who is involved in altcoins knows this could be a possibility and our imaginations can run wild.  Could someone have hacked Mike Fiol's Twitter account along with his Bitcointalk account and use this opportunity to prey on the supposed generosity of the Sync community to steal 13 BTC?  Maybe... but I think it's pretty far fetched even for crypto.  If his accounts were hacked, including Email since he had correspondence with Coindesk and Altcointoday or whatever that site is, I assume Mike Fiol would have found a way to alert everyone and I assume the Hacker would have larger targets in mind.   Or maybe Mike Fiol is not as wealthy as people think and he needs 13 BTC to feed his family.  Or maybe he gambled everything away over the weekend and desperately needs 13 BTC.  Who the fuck knows?  There are a thousand possible scenarios.  

The rewards are, you may help someone escape a violent situation and relocate to a more peaceful existence.    I know nothing about Iyad Elkfarna except from what I've read on the links provided in the Coindesk article.  From checking the information provided by @Smoking35, this forum, and the Coindesk article... this request for a small donation appears to be as legitimate as anything in crypto.  Not 100% of course, but the odds are decent enough for me to take a chance.   So I sent in a small donation in hopes that I could play a small part in saving a family's life.  I'm OK with that risk vs reward.

What it comes down to is this.  Do you trust Sync and those involved with it?  If you hold Sync as a long term investment, as many of us do, then the answer should be yes.  I hold 3 Sync, which is a large chunk of my crypto bankroll.  If I have that much faith to risk the majority of my BTC on this project and people behind it, then I trust them enough not to devise some elaborate scheme to scam us out of 13 BTC. Therefore, I couldn't think of enough reason not to throw a few bucks his way.   Where are all of these Sync Whales that are risking significant amounts of BTC by staking SYNC long term?  Why have none of them even expressed support of this cause on here or on Twitter?  It would seem ridiculous to risk investing that much into a long term coin if you don't trust those behind it.  No one is asking you to sell your car.  But even if everyone only donated a portion of their Sync staking profits, the goal would have been met in a couple hours. That's the risk... donating profit you have already made by holding this coin that has not scammed you, but has paid you.  

    
Sorry this was so long.  But I'll end with one more question for the community.  Why do Sync owners not trust Mike Fiol enough to help out a cause he must obviously believe in?  This is a serious question. If there are valid reasons, please share them.   Maybe there are legitimate concerns or maybe some questions can be answered by him.


@Altpocalypse

I have a proposal to the Sync community

I was an investor in Palestinecoin and unfortunately the coin, which was destined to be a charity for some Palestinian charity groups, turned out to be a scam because the dev has disappeared.

https://bitcointalksearch.org/topic/charity-managed-by-c-cex-palestinecoin-x11-trading-on-c-cex-712124

Ccex should still have the escrow, I personally have 90k coins. Perhaps some people in the Sync community could take it over, I'd be willing to match say, 30% of my coins if it can get off the ground again and fulfill its mission.

Awesome! Thank you!

Donation sent!

We've got someone willing to match up to 2btc in donations!

https://twitter.com/noahheaser/status/504455747158032384

Community has donated a whopping 1.5btc so far. Believe me, it will benefit all Sync owners as he currently cannot communicate or work for large chunks of the day because of power outages, attacks.

I donated 2btc myself which is more than entire community so far. Dont make us look bad, dont miss the opp to help a family in need directly - with 100% of proceeds going to the family.

Dig deep or spread the word, anything and everything helps.

It will be interesting to see sync price in the next 6 months after 1 asset is sold. ( I am not saying the domain will be sold in 6 month, it can happen anytime)

Market is usually bad around this time of the year, starting from Sept/Nov, things should be moving up to $700 +

buy the dips!  wink wink

It's a decentralized implementation of coinjoin and doesn't rely on masternode. It will be integrated back on the wallet after the final version is ready.

I asked about it a few days back and got no reply and with the possibilities of things like Bitlicense on the horizon being able to move a high value coin anonymously could be a great asset. I never thought I would care about anon but its looking like soon it may be a must have.

Read the OP. Nitesend was an anonymizing feature that was in a version of the wallet, but was removed. i don't know if it is planned to be put back in.