Pages:
Author

Topic: [ANN][CACH] CACHeCoin released based on scrypt-jane - page 33. (Read 224435 times)

hero member
Activity: 630
Merit: 500
That all depends.. If it is uncovered, as things seem to point to, that people were being misled about the information provided on the ASICs, and the work being done on them, I will be seeking full purchase value as of 3/17/14. If Jasinlee can prove that ASICS were being actively developed and confirm the information that he provided to the public, then I would gladly eat the loss in value of the purchase.

The point here is that the whole deal appears to have been a unique ploy to pump and dump the coin using an artificial demand for the coin. If that is proven in court, both civil and criminal action will be taken.

I believe that is quite fair, as all he needs to do is show his work matches with what he was telling everyone. Delays don't bug me, lies and deceit do.
full member
Activity: 274
Merit: 101
If you want to flame Jasinlee or anyone, then please, create a different thread, no need to go off topic. Keep this thread on cach only. And regarding you saying that i'm jasins shill account, you may google the nick kalgecin and you'll find that i'm a completely different person living in completely different part of the world. Please take your personal beef with jasin/fibonacci/other somewhere else.

It's not flaming, and it's not off-topic. You and Jasin are the ones involved with Cachecoin, and also are involved in the ASICs. I never stated you were Jasin's shill account, your online persona does exist, and I did research you a bit. What I stated is that you three were clearly shilling together, and conspired to do so. It's cute how you all pretend on the threads early on that you are involved with that you don't know each other, and that clearly proves deception.

Cachecoin is at the root of this Fibonacci deal, and Jasin is deeply involved in this coin. It's very important for potential investors to realize that you, Jasin and his wife have devised schemes previously in which people lost money.

You are correct, it's personal when a company and their partners steal $18,000 and don't deliver.


Last I checked Jasin was offering refunds. Did you miss that or are you trying to get the $$ instead of the coins back??
Just curious
hero member
Activity: 630
Merit: 500
If you want to flame Jasinlee or anyone, then please, create a different thread, no need to go off topic. Keep this thread on cach only. And regarding you saying that i'm jasins shill account, you may google the nick kalgecin and you'll find that i'm a completely different person living in completely different part of the world. Please take your personal beef with jasin/fibonacci/other somewhere else.

It's not flaming, and it's not off-topic. You and Jasin are the ones involved with Cachecoin, and also are involved in the ASICs. I never stated you were Jasin's shill account, your online persona does exist, and I did research you a bit. What I stated is that you three were clearly shilling together, and conspired to do so. It's cute how you all pretend on the threads early on that you are involved with that you don't know each other, and that clearly proves deception.

Cachecoin is at the root of this Fibonacci deal, and Jasin is deeply involved in this coin. It's very important for potential investors to realize that you, Jasin and his wife have devised schemes previously in which people lost money.

You are correct, it's personal when a company and their partners steal $18,000 and don't deliver.
hero member
Activity: 819
Merit: 1000
If you want to flame Jasinlee or anyone, then please, create a different thread, no need to go off topic. Keep this thread on cach only. And regarding you saying that i'm jasins shill account, you may google the nick kalgecin and you'll find that i'm a completely different person living in completely different part of the world. Please take your personal beef with jasin/fibonacci/other somewhere else.
hero member
Activity: 630
Merit: 500
And your comment on your involvement with Coinsflip?

I did create the site, jasin offered to host it for shared profit. The site was legit, but because i don't do pr and a terrible UI designer, it didn't take off Sad

Perfect, thank you for confirming.
hero member
Activity: 819
Merit: 1000
And your comment on your involvement with Coinsflip?

I did create the site, jasin offered to host it for shared profit. The site was legit, but because i don't do pr and a terrible UI designer, it didn't take off Sad
hero member
Activity: 630
Merit: 500
And your comment on your involvement with Coinsflip?
hero member
Activity: 819
Merit: 1000
At the time, I'm not clear if most knew that Jasin
was involved with the development of Cachecoin with Kalgecin. It had an odd flavor to it, and most should have realized
that there really was no logical explanation of Jasin accepting Cachecoin at a discount, unless he and others
were dumping it to those that began buying it because of the large discount.

My theory is that Jasin accepted Cachecoin as part of a scheme with Kalgecin to sell an otherwise worthless coin and
generate a false marketplace and temporary demand for the coin to allow them to sell their holdings at a significant premium.
Then, when ASIC's are "delayed", offer of Cachecoin refunds (at 1/50th of value) are allowed and they keep the profits from
selling at the premium price when they never intended to deliver a working product.

When i made cach initially, Jasin wasn't involved at all. It's a bit after that we agreed to involve cach. We had no "scheme", yes, we did want to raise the coin value, who doesn't? But there's no scheme to it. And we haven't dumped any coins. And people who have paid with cach will receive their product as promised.

Quote
Fast-forward to August, with countless promises by Jasinlee to have an Exchange setup, ASIC delivered, and countless other
things, and there is no proof that has been provided that any work has even been done by Fibonacci towards a working ASIC. Questions are met with NDA statements, mysterious partners that stole coins, but then were recovered, and many other excuses
with no promises being kept.

We did have a partner, thibaud. who worked on the exchange and had the site running for the preorders. All was well and on track, until he started trying to make the asic deals behind our back and keeping quite for days. Scaring off our partners. Thus the delay in production. And then he went quite for a few weeks. with most of the coins he refused to send over.

Quote
So, allow me some conjecture that Jasinlee, the owner of Fibonacci, developer of Cachecoin who was conspiring with his
wife's account, his own account and Kalgecin's account with coinsflip.com are the same exact players (with others)
involved in the SCRYPT ASIC debacle.

Jasin is not the developer of cach, and wasn't involved in creating it with me. I created and developed it.

As for telling people to take legal action against him, the way you put it, it sounds personal. I'm pretty sure that these ASICs aren't the first to be delayed. These things are hard to predict. I wouldn't rush into screaming scam just yet.
hero member
Activity: 630
Merit: 500
I'm posting this to make people aware of a potential change in reputation of someone relatively well known in the Crypto
community, and someone that I would not have expected this from. I will let people draw their own conclusions, but this
person is involved with many different projects, and care should be taken when doing financial or business transactions
with him, until he can explain the recent events. I know there are many people that have dealt with Jasin in the past with
absolutely no issue, in fact he had been very trustworthy.

ISSUE AT HAND - Fibonacci:

Jasinlee created Fibonacci.io and took pre-orders for Scrypt ASIC devices beginning on 3/17/14. There were many
postings by Jasinlee and others leading up to the opening of pre-orders and when you combine his postings with his
existing reputation in the Crypto realm, and his transparent identity, you have what appears to be a good investment! I
won't go into detail on his posts in the thread promising the moon prior to opening of pre-orders and well after that.

His posts and primary thread on the project can be read on Litecointalk.org at: https://litecointalk.org/index.php?topic=2702.0

The interesting part mixed in this release is an odd promotion to accept a relatively obscure coin called Cachecoin with
a significant discount over paying with BTC or LTC. At the time, I'm not clear if most knew that Jasin
was involved with the development of Cachecoin with Kalgecin. It had an odd flavor to it, and most should have realized
that there really was no logical explanation of Jasin accepting Cachecoin at a discount, unless he and others
were dumping it to those that began buying it because of the large discount.

My theory is that Jasin accepted Cachecoin as part of a scheme with Kalgecin to sell an otherwise worthless coin and
generate a false marketplace and temporary demand for the coin to allow them to sell their holdings at a significant premium.
Then, when ASIC's are "delayed", offer of Cachecoin refunds (at 1/50th of value) are allowed and they keep the profits from
selling at the premium price when they never intended to deliver a working product.

Fast-forward to August, with countless promises by Jasinlee to have an Exchange setup, ASIC delivered, and countless other
things, and there is no proof that has been provided that any work has even been done by Fibonacci towards a working ASIC. Questions are met with NDA statements, mysterious partners that stole coins, but then were recovered, and many other excuses
with no promises being kept.

Shill Accounts and Questionable Behavior

Further digging into Jasin's online prescence, combined with what appears to be a scam with Fibonacci.io pre-orders and you
have some concerns raised.

Jasinlee's wife's account (one that is known) is named JRBUDDY2 on bitcointalk.com. Posts by her can be read at this link:
https://bitcointalksearch.org/user/jrbuddy2-65023.

Note one particular thread of interest revolving around a website called coinsflip.com. This site appears to have been
created by Kalgecin, the creator of Cachecoin, and oddly enough, you have both Jasin and JRbuddy2 (wife) in the
thread promoting this site. Some other posters are complaining about fairness of the site, but here's what is relevant to
my post.

Kalgecin is developing the site, Jasin, while posting in the thread as what appears to be a noobie to the site, his wife
also posts under the ID of JRBUDDY2 as a player. They seem to be very happy with this site, and it's quite apparant why now,
it's because Jasinlee is actually the owner of the domain!

http://whatmyip.co/info/whois/207.30.158.106/k/1904453096/website/coinsflip.com

So, allow me some conjecture that Jasinlee, the owner of Fibonacci, developer of Cachecoin who was conspiring with his
wife's account, his own account and Kalgecin's account with coinsflip.com are the same exact players (with others)
involved in the SCRYPT ASIC debacle.

There are other threads in which you can see JRBUDDY and JASINLEE posting within, such as the Cachecoin thread discussing
buying and selling that give an odd appearance, but it's clear that Jasin has some questionable behavior, and is now sitting
holding a good deal of people's money with ASIC preorders that may have been taken under false pretenses.

Potential Options for ASIC Purchasers

He has many, many ventures, and I made the mistake of trusting him with $18,000 worth of ASIC pre-orders because I did
my research on him, and knew everything about him that I needed to. I was wrong, sometimes things are not as they appear.

He has done a lot of good, Devtome.org appears like a decent project, but please heed this warning to beware of dealing
with him until he clears his name on this Fibonacci.io ASIC debacle.

If you did order an ASIC with Fibonacci.io, I suggest you file a report in all of these places:

http://www.flofr.com/staticpages/bureauoffinancialinvestigations.htm
http://myfloridalegal.com/pages.nsf/main/18a7753257fe439085256cc9004ec4f7
http://www.coj.net/departments/sheriffs-office/investigations-division/economic-crimes-unit.aspx

You may also choose to pursue legal action against Jasinlee. In Florida, where he lives, $5000 is the statutory limit for small claims (plus you can recoup fees, lawyer and interest on top of that), so any bigger orders will go the lawsuit route. None of us want to make lawyers rich off of this, but I don't take kindly to being scammed. Feel free to contact me for additional information or questions.

Personal Commentary
Jasin is very good at manipulation and wordplay, so I'm sure he'll have an answer for every question, albeit empty and contentless. You have to read between the lines with Jasin. He has already attempted to discredit me by stating that I threatened his family in PM. Again, wordplay, as I told him that if he is scamming, his family won't see him for a while when he goes to jail for fraud. I did tell him I planned on pursuing legal and criminal action against him, so if that is the threat he speaks of, he is 100% correct. If he is referring to anything else, I hope he can provide the
proof of that libelous statement.

Wrap-up

In closing (TLDR) - Be wary of dealing with Jasinlee (Jasin Hudgins), Cachecoin, XC, Devtome, and any other projects that Jasin is
involved with, until he makes things right with people who purchased an ASIC from him nearly 5 months ago for a supposed July delivery.


 




 
full member
Activity: 151
Merit: 100
tried. does not work. computer freezes or turns off the video card. Sad
newbie
Activity: 26
Merit: 0
full member
Activity: 151
Merit: 100
Please help me. which configuration file to r9-290 sapfire tri-x? I can not run. computer freezes. thanks for the help
hero member
Activity: 819
Merit: 1000
I think mrpj is back from holidays *rumor*

lol at the timing :p
hero member
Activity: 518
Merit: 505
I think mrpj is back from holidays *rumor*
legendary
Activity: 1974
Merit: 1010
For those who NEED an explorer asap, i've cloned a yacoin explorer for the time being http://explorer.cachecoin.org:8080/chain/CACHeCoin

Great job and thanks!  Smiley
hero member
Activity: 819
Merit: 1000
For those who NEED an explorer asap, i've cloned a yacoin explorer for the time being http://explorer.cachecoin.org:8080/chain/CACHeCoin
hero member
Activity: 819
Merit: 1000
Just out of curiosity (stumbled into this project via Fib/Jasin) - what are the chat.cpp/chat.h files?  Am I understanding correctly that there is some type of IRC chat built in?

yes, it connects to freenode servers to channel #cachecoin. you can also join #cachecoin-bots where you can query a few stats and view blocks as they come

would be nice if you could post some sort of Roadmap which include the next Milestones for Cachecoin. I think this Coin needs more
transparency what you Guys are planning.

will try to come up with a roadmap. atm, next milestone is the new wallet, that's why all dev on current wallet has been suspended.

And a working block explorer. How many weeks has it been down? Even crap P&D coins have a block explorer within 24 hours.

i have limited internet where i am right now, so we'll be asking around for that i guess
Sy
legendary
Activity: 1484
Merit: 1003
Bounty Detective
Just out of curiosity (stumbled into this project via Fib/Jasin) - what are the chat.cpp/chat.h files?  Am I understanding correctly that there is some type of IRC chat built in?

Yes, i think it joins you on freenode, never used it since i am already there ^^
legendary
Activity: 1148
Merit: 1000
member
Activity: 112
Merit: 10
dead coin is dead....
Pages:
Jump to: