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Topic: [ANN][AC]AsiaCoin - Relaunch - page 59. (Read 401174 times)

full member
Activity: 210
Merit: 100
May 03, 2014, 03:17:13 PM
Good idea and mainly to control any new coins releasing this committee should check the coins devs/IPO's etc which will reduce scam coins

the altcoins community should form a committee to vet all the new altcoins

Thats a very good idea, how about HOC ? or something similar ..
Good idea indeed. +1
full member
Activity: 210
Merit: 100
May 03, 2014, 03:15:32 PM
Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community ,inadvertently attracted millions of trolls to badmouth and spread fud and literally bring AC and millions of investment on the verge of death.


Oh now you're blaming the people who discovered this scam instead of blaming developer ? He help us cut huge potential loss. Just imagine if dev decided to dump all the remaining of his premine, the price should be 1 satoshi now.

What kind of asshole you are ?

First behave yourself.

Second, I am not blaming discovery of potential fraud, but the way it has been handled.Better option could have been the community takeover.

You are wrong about Whitecoin, its situation was much better than Asiacoin now. whitecoin premine is small and the currency can move on without considering that premine. Now look at 3 billion premined AC, compared with 140 million coins in circulation, you just can't rebuild everything as Whitecoin did. The only solution for Asiacoin is letting it die.

that dev was telling about 6 Billion premine

60 billion actually.
member
Activity: 87
Merit: 10
May 03, 2014, 03:14:21 PM
Need to follow coins that are created by renown trustworthy devs, not new account no contact with community devs.
newbie
Activity: 31
Merit: 0
May 03, 2014, 03:13:47 PM
Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community ,inadvertently attracted millions of trolls to badmouth and spread fud and literally bring AC and millions of investment on the verge of death.


Oh now you're blaming the people who discovered this scam instead of blaming developer ? He help us cut huge potential loss. Just imagine if dev decided to dump all the remaining of his premine, the price should be 1 satoshi now.

What kind of asshole you are ?

First behave yourself.

Second, I am not blaming discovery of potential fraud, but the way it has been handled.Better option could have been the community takeover.

You are wrong about Whitecoin, its situation was much better than Asiacoin now. whitecoin premine is small and the currency can move on without considering that premine. Now look at 3 billion premined AC, compared with 140 million coins in circulation, you just can't rebuild everything as Whitecoin did. The only solution for Asiacoin is letting it die.

that dev was telling about 6 Billion premine
member
Activity: 66
Merit: 10
May 03, 2014, 03:13:29 PM
Have a bad news for all holders of asiacoin

After the incident with shacoin https://bitcointalksearch.org/topic/annshashacoin2-dead-revival-virtual-physical-coin-faucet-512808 , where dev made 600 millions coin  hidden premine.
I'm check the first block asiacoin through official block crawler.
I'm decoded HEX data in this transaction: transaction id d7a3477eab372c40b122c8f4e0c77f4bc36e353f4cd749d205b6e028e4f10b80
and found 3240000100 hidden coins, which not showing in system.
You can check it by HEX data in first block http://theasiacoin.com/explorer/index.php?transaction=d7a3477eab372c40b122c8f4e0c77f4bc36e353f4cd749d205b6e028e4f10b80


How is this possible to hide coins from the system without altering the source code of the wallet?



Hmm i just checked it out myself and the info checks out. There are 3.24 billion extra 'credits' in there.

This would make the 'excess' coins seen in the newest block explorer correct as well.

Now is a good time for the Dev to come explain whats going on here.

Another f. new hero try to warn us.

Im sorry, you were saying?
full member
Activity: 140
Merit: 100
Bored
May 03, 2014, 03:12:58 PM
Ouch, I wish I knew about this sooner. When I learned about it Mintpal already closed the market. 0.2BTC gone. Sad
TTM
full member
Activity: 140
Merit: 100
May 03, 2014, 03:11:58 PM
Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community ,inadvertently attracted millions of trolls to badmouth and spread fud and literally bring AC and millions of investment on the verge of death.


Oh now you're blaming the people who discovered this scam instead of blaming developer ? He help us cut huge potential loss. Just imagine if dev decided to dump all the remaining of his premine, the price should be 1 satoshi now.

What kind of asshole you are ?

First behave yourself.

Second, I am not blaming discovery of potential fraud, but the way it has been handled.Better option could have been the community takeover.

You are wrong about Whitecoin, its situation was much better than Asiacoin now. whitecoin premine is small and the currency can move on without considering that premine. Now look at 3 billion premined AC, compared with 140 million coins in circulation, you just can't rebuild everything as Whitecoin did. The only solution for Asiacoin is letting it die.
hero member
Activity: 573
Merit: 500
May 03, 2014, 03:06:46 PM
the altcoins community should form a committee to vet all the new altcoins

Thats a very good idea, how about HOC ? or something similar ..
sr. member
Activity: 378
Merit: 250
May 03, 2014, 03:06:17 PM
Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community ,inadvertently attracted millions of trolls to badmouth and spread fud and literally bring AC and millions of investment on the verge of death.


Oh now you're blaming the people who discovered this scam instead of blaming developer ? He help us cut huge potential loss. Just imagine if dev decided to dump all the remaining of his premine, the price should be 1 satoshi now.

What kind of asshole you are ?

First behave yourself.

Second, I am not blaming discovery of potential fraud, but the way it has been handled.Better option could have been the community takeover.
hero member
Activity: 616
Merit: 500
May 03, 2014, 03:05:45 PM
The only promising 100% PoS coin next to BC is CinniCoin.  BC has already reached high value.  Cinni is just getting started... and will be the next coin to moon as BC did. 

Are you on the Cinni train? 

I am. 
TTM
full member
Activity: 140
Merit: 100
May 03, 2014, 03:03:37 PM
Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community ,inadvertently attracted millions of trolls to badmouth and spread fud and literally bring AC and millions of investment on the verge of death.


Oh now you're blaming the people who discovered this scam instead of blaming developer ? He help us cut huge potential loss. Just imagine if dev decided to dump all the remaining of his premine, the price would be 1 satoshi.

What kind of asshole you are ?
full member
Activity: 210
Merit: 100
May 03, 2014, 03:01:11 PM
The whole situation has been handled like a disaster. Watch how Moganzo salvaged the Whitecoin fiasco. Developers ran away with the premined ,Blockchain was under attack. He took charge and made a community of coders, won the confidence of the wc community and saved the coin from the brink of disaster even he took some support from reluctant Developer.

Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community and literally bring AC and millions of investment on the verge of death.

But if nothing was said people could have still profited maliciously. This is just sad.

The dev is a quack.....I'd be very careful with any V2
member
Activity: 111
Merit: 10
May 03, 2014, 02:58:16 PM
The whole situation has been handled like a disaster. Watch how Moganzo salvaged the Whitecoin fiasco. Developers ran away with the premined ,Blockchain was under attack. He took charge and made a community of coders, won the confidence of the wc community and saved the coin from the brink of disaster even he took some support from reluctant Developer.

Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community and literally bring AC and millions of investment on the verge of death.

I've lost some BTCs but I think sometimes it's better to let it die than to forcefully keep it alive. There are better coins.
sr. member
Activity: 378
Merit: 250
May 03, 2014, 02:55:05 PM
The whole situation has been handled like a disaster. Watch how Moganzo salvaged the Whitecoin fiasco. Developers ran away with the premined ,Blockchain was under attack. He took charge and made a community of coders, won the confidence of the wc community and saved the coin from the brink of disaster even he took some support from reluctant Developer.

Some guy  discovered a potential scam here and advertise it to whole world instead of disclosing or discussing it with dedicated and experienced members of the community ,inadvertently attracted millions of trolls to badmouth and spread fud and literally bring AC and millions of investment on the verge of death.

hero member
Activity: 560
Merit: 500
May 03, 2014, 02:54:45 PM
I didnt follow the thread, just saw AC are suspended from trading at cryptsy.

So what happended ?

Where can I read what happened ?

read all today's posts
member
Activity: 111
Merit: 10
May 03, 2014, 02:53:54 PM
I didnt follow the thread, just saw AC are suspended from trading at cryptsy.

So what happended ?

Where can I read what happened ?

it turned out AC was a scam
hero member
Activity: 560
Merit: 500
May 03, 2014, 02:53:31 PM
143,000,000 market cap supply + 160,000,000 first block value equals to 303,000,000, when max coin amount is nearly 360,000,000.
Sounds like POS staking is paying not from network fees, but from beforehand existing segment if it intentionally realized in concealment. Would it mean someone [not dev] already knew about genuine amount and extracted POS supply from first block? I think no1 etc dev have never confirmed this point. And seems like dev's acc also hacked, cuz someone posted this bullshit on his behalf like "Rebuild the website and buy AC now!"
Is anyone still receiving interest to his wallets right now?

LOL

dev=scammer
asicoin=scam

nothing more to understand
no hacks, no fud, just reality

sad but true
member
Activity: 95
Merit: 10
May 03, 2014, 02:53:14 PM
I didnt follow the thread, just saw AC are suspended from trading at cryptsy.

So what happended ?

Where can I read what happened ?
full member
Activity: 210
Merit: 100
May 03, 2014, 02:51:19 PM
Rename this topic: Official Spam center.
legendary
Activity: 2198
Merit: 1014
Franko is Freedom
May 03, 2014, 02:47:58 PM
Use established coins that come from respected codebases and you dont have to worry about hidden code.

Let me introduce you to a few of my friends.
FRK, ADN, TES, TEK, HBN, DGC, FTC, LTC, MEC, CAP

Advertising your own coin (ADN). LOL.

and FRK Tongue get in where you fit in, most of these coins are Collective Coins.

You forgot PHS.

Let me change that ^_^
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