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Topic: [ANN][PWC: PREMINE ALERT][Proof inside]Powercoin was PREMINED for 56.000 coins - page 2. (Read 3325 times)

member
Activity: 60
Merit: 10
Ha ha ha,
Oh poor boy. You call 56K coin premine something sensational? Newsflash: EVERY coin has some form of pre/instamine. 56K is NOTHING in comparison to Bitbar, Mincoin, PPC, Novacoi, Feathercoin, CNC, BTC, Litecoin etc.

Sure it shouldn't happen but a 56k coin premine is hardly sensational by any means.

Exactly, ALL COINS have some form of premined. These coins are going into projects to further push PowerCoin forward by paying out bounties, websites, wikis. This is not free. Labour is not free.

Whoever is ignorant enough to believe OP is clearly a troll or new to cryptocurrencies. This is no revelation. Compared to other coins, it is minuscule. I bet you all support those 'other' premined coins. Really subjective of you Boxman90, well done. Yet you fail to mention every other coin.  

Seriously? 56k coins pre-mined is coo with you?

Any forks besides LTC shouldn't even be mentioned since they're closer to scamcoins than anything else. PWC brought no innovation to cryptocurrencies and with 2k blocks pre-mined is a slap in the fuking face.

As far as I'm concerned, any supporters to your coin in this thread are from the same IP.
full member
Activity: 182
Merit: 100
fml
Here's one of the pools, dusted it off one the third page.

http://pwc.hackshardgaming.net/

66 workers, WOW!!!

I'll not even reply to your childish trolling. Ignored  Cheesy

lol, and that google docs spreadsheet, with 8 sellers, and 0 buyers? What a joke coin. Weather he lied about BTer, or he was misinformed, he shouldn't have posted, without %100 confirmation. That was the death of his coin.
legendary
Activity: 1118
Merit: 1004
Here's one of the pools, dusted it off one the third page.

http://pwc.hackshardgaming.net/

66 workers, WOW!!!

I'll not even reply to your childish trolling. Ignored  Cheesy
NWO
sr. member
Activity: 392
Merit: 250
Ha ha ha,
Oh poor boy. You call 56K coin premine something sensational? Newsflash: EVERY coin has some form of pre/instamine. 56K is NOTHING in comparison to Bitbar, Mincoin, PPC, Novacoi, Feathercoin, CNC, BTC, Litecoin etc.

Sure it shouldn't happen but a 56k coin premine is hardly sensational by any means.

Exactly, ALL COINS have some form of premined. These coins are going into projects to further push PowerCoin forward by paying out bounties, websites, wikis. This is not free. Labour is not free.

Whoever is ignorant enough to believe OP is clearly a troll or new to cryptocurrencies. This is no revelation. Compared to other coins, it is minuscule. I bet you all support those 'other' premined coins. Really subjective of you Boxman90, well done. Yet you fail to mention every other coin.  
member
Activity: 60
Merit: 10
Ha ha ha,
Oh poor boy. You call 56K coin premine something sensational? Newsflash: EVERY coin has some form of pre/instamine. 56K is NOTHING in comparison to Bitbar, Mincoin, PPC, Novacoi, Feathercoin, CNC, BTC, Litecoin etc.

Sure it shouldn't happen but a 56k coin premine is hardly sensational by any means.

Your hero title should be stripped. Litecoin came with 2 blocks pre-mined for a total of 150 LTC. I won't even go into the others.

pls go
full member
Activity: 182
Merit: 100
fml
Here's one of the pools, dusted it off one the third page.

http://pwc.hackshardgaming.net/

66 workers, WOW!!!
full member
Activity: 182
Merit: 100
Most people new powercoin was worthless, after the first day of mining

? The alt-coin pump'n'dump fad was over before the coin was launched.
sr. member
Activity: 249
Merit: 250
lol ignore praxis, what a joke.

I was on this coin by minute 3 and there were 2400 blocks found already. that's not normal. That's a premine. Look at the proof ffs in OP, any one of us could have done that and laughed as we went back to topic list. Trusting premined coins "for the good of the coin" from a Jr. Member with no escrow for bounties, contests, etc is ignorance at best especially when the original post said no premine (which is lie #2). There is nothing to hold the pre-miner to these claims. For record there still aren't bounties on the release page.

This thread is justice and I love it.


NWO: "wah". ignore him.
sr. member
Activity: 490
Merit: 254
1) The only person involved in immoral behavior here is the OP who tried to extort NWO: give me money or I will make your coin look bad. This is not only immoral, but illegal, it's a crime known as blackmail or extortion.

2) Even if there was a minuscule premine (which I doubt), but even if the OP was right, 55000 coins out of 100 million, it's a drop in the Ocean that NWO keeps giving in bounties and giveaways. A complete non-issue.

3) The BTER fiasco was my fault as I admitted before. I was in contact with some guy from Shanghai, China, who supposedly is in the BTER team and he said "Yeah, sure we will add it!" when I explained the Powercoin project to him.

So just taking some random guys word for it is your defense?  How come you guys didn't go through the official email [email protected] to verify? Also, it was stated there was no pre-mine, now you guys are admitting there was, but since it was a "minuscule premine", hey that's ok, it was just a fib. Smells like a giant scam to get people to buy into your launch and now you guys are coming up with weak excuses to try and keep it going for a bit longer.
full member
Activity: 224
Merit: 100
Ha ha ha,
Oh poor boy. You call 56K coin premine something sensational? Newsflash: EVERY coin has some form of pre/instamine. 56K is NOTHING in comparison to Bitbar, Mincoin, PPC, Novacoi, Feathercoin, CNC, BTC, Litecoin etc.

Sure it shouldn't happen but a 56k coin premine is hardly sensational by any means.
full member
Activity: 182
Merit: 100
fml

//edit
This just in: NWO plans to sue me for uncovering his uncomfortable truth
Quote
Stop getting so defensive. I have everything documented and it is going to the law firm this afternoon. You rattled the wrong hornets nest.

You threaten to deface a brand by extorting me yet now try and make out you are not doing that. I'm collecting your IP and email from admin as we speak.


Bwhaha how old is this guy?

He must be american. A Brand is not A brand, unless it is trademarked, for starters. And even if that was the case, he copied someone else's code, made a couple changes, and claimed it as his own Roll Eyes

We are looking to trademark PowerCoin and bring it to the wider community. The code is open source... No further explanation required.

From the top of my head. Bitcoin was instamined, Novacoin was raped by premine, ChinaCoin had 2200 blocks mined before anyone here touched it, yac was found to heavily favour Linux users and was instamined... Must I got on. These coins are still on exchanges and are being traded as we speak. THIS IS NO REVELATION.

The 'premine' is VERY insignificant if you actually saw how spread out the amount was as it was used for payment on the coin itself, website, wiki, BOUNTIES. A lot of that is going into the generation of bounties to further grow PowerCoin as a viable currency alternative.

OP is blowing steam out of his **** with the Linux accusation, the development team solely focused on a Windows client (the majority).

As for the etiquette of the OP. He threatened to extort me for PWC (ironic isn't it) to not expose his findings. In other words I am taking this very seriously. Screenshots are being compiled as we speak.

In regards to the BTER (epic fail) that was a huge miscommunication/ lie from a Chinese national who thought he was admin...

Dude, it's over. Noone wants to mine your coin, noone wants to buy your coin....Let it go

There are 2 pools and one Google Docs Exchange thread so people obviously do want to.
Go troll somewhere else.

ZOMG, 2 whole pools? well then, I stand corrected Roll Eyes
legendary
Activity: 1118
Merit: 1004

//edit
This just in: NWO plans to sue me for uncovering his uncomfortable truth
Quote
Stop getting so defensive. I have everything documented and it is going to the law firm this afternoon. You rattled the wrong hornets nest.

You threaten to deface a brand by extorting me yet now try and make out you are not doing that. I'm collecting your IP and email from admin as we speak.


Bwhaha how old is this guy?

He must be american. A Brand is not A brand, unless it is trademarked, for starters. And even if that was the case, he copied someone else's code, made a couple changes, and claimed it as his own Roll Eyes

We are looking to trademark PowerCoin and bring it to the wider community. The code is open source... No further explanation required.

From the top of my head. Bitcoin was instamined, Novacoin was raped by premine, ChinaCoin had 2200 blocks mined before anyone here touched it, yac was found to heavily favour Linux users and was instamined... Must I got on. These coins are still on exchanges and are being traded as we speak. THIS IS NO REVELATION.

The 'premine' is VERY insignificant if you actually saw how spread out the amount was as it was used for payment on the coin itself, website, wiki, BOUNTIES. A lot of that is going into the generation of bounties to further grow PowerCoin as a viable currency alternative.

OP is blowing steam out of his **** with the Linux accusation, the development team solely focused on a Windows client (the majority).

As for the etiquette of the OP. He threatened to extort me for PWC (ironic isn't it) to not expose his findings. In other words I am taking this very seriously. Screenshots are being compiled as we speak.

In regards to the BTER (epic fail) that was a huge miscommunication/ lie from a Chinese national who thought he was admin...

Dude, it's over. Noone wants to mine your coin, noone wants to buy your coin....Let it go

There are 2 pools and one Google Docs Exchange thread so people obviously do want to.
Go troll somewhere else.
full member
Activity: 182
Merit: 100
fml

//edit
This just in: NWO plans to sue me for uncovering his uncomfortable truth
Quote
Stop getting so defensive. I have everything documented and it is going to the law firm this afternoon. You rattled the wrong hornets nest.

You threaten to deface a brand by extorting me yet now try and make out you are not doing that. I'm collecting your IP and email from admin as we speak.


Bwhaha how old is this guy?

He must be american. A Brand is not A brand, unless it is trademarked, for starters. And even if that was the case, he copied someone else's code, made a couple changes, and claimed it as his own Roll Eyes

We are looking to trademark PowerCoin and bring it to the wider community. The code is open source... No further explanation required.

From the top of my head. Bitcoin was instamined, Novacoin was raped by premine, ChinaCoin had 2200 blocks mined before anyone here touched it, yac was found to heavily favour Linux users and was instamined... Must I got on. These coins are still on exchanges and are being traded as we speak. THIS IS NO REVELATION.

The 'premine' is VERY insignificant if you actually saw how spread out the amount was as it was used for payment on the coin itself, website, wiki, BOUNTIES. A lot of that is going into the generation of bounties to further grow PowerCoin as a viable currency alternative.

OP is blowing steam out of his **** with the Linux accusation, the development team solely focused on a Windows client (the majority).

As for the etiquette of the OP. He threatened to extort me for PWC (ironic isn't it) to not expose his findings. In other words I am taking this very seriously. Screenshots are being compiled as we speak.

In regards to the BTER (epic fail) that was a huge miscommunication/ lie from a Chinese national who thought he was admin...

Dude, it's over. Noone wants to mine your coin, noone wants to buy your coin....Let it go....Feel free to attempt to sue me...I'm Canadian, so, even if you had a trademark, it wouldn't be valid here anyways. And I seriously doubt the admin of these forums, are handing out personal information about their members Roll Eyes
full member
Activity: 196
Merit: 100
member
Activity: 106
Merit: 10

As for the etiquette of the OP. He threatened to extort me for PWC (ironic isn't it) to not expose his findings. In other words I am taking this very seriously. Screenshots are being compiled as we speak.

In regards to the BTER (epic fail) that was a huge miscommunication/ lie from a Chinese national who thought he was admin...


sr. member
Activity: 322
Merit: 250
I AM A DRAGON
Great job

also if he was extorting why would he release details, then he would lose his leverage
legendary
Activity: 1118
Merit: 1004
1) The only person involved in immoral behavior here is the OP who tried to extort NWO: give me money or I will make your coin look bad. This is not only immoral, but illegal, it's a crime known as blackmail or extortion.

2) Even if there was a minuscule premine (which I doubt), but even if the OP was right, 55000 coins out of 100 million, it's a drop in the Ocean that NWO keeps giving in bounties and giveaways. A complete non-issue.

3) The BTER fiasco was my fault as I admitted before. I was in contact with some guy from Shanghai, China, who supposedly is in the BTER team and he said "Yeah, sure we will add it!" when I explained the Powercoin project to him.
NWO
sr. member
Activity: 392
Merit: 250

//edit
This just in: NWO plans to sue me for uncovering his uncomfortable truth
Quote
Stop getting so defensive. I have everything documented and it is going to the law firm this afternoon. You rattled the wrong hornets nest.

You threaten to deface a brand by extorting me yet now try and make out you are not doing that. I'm collecting your IP and email from admin as we speak.


Bwhaha how old is this guy?

He must be american. A Brand is not A brand, unless it is trademarked, for starters. And even if that was the case, he copied someone else's code, made a couple changes, and claimed it as his own Roll Eyes

We are looking to trademark PowerCoin and bring it to the wider community. The code is open source... No further explanation required.

From the top of my head. Bitcoin was instamined, Novacoin was raped by premine, ChinaCoin had 2200 blocks mined before anyone here touched it, yac was found to heavily favour Linux users and was instamined... Must I got on. These coins are still on exchanges and are being traded as we speak. THIS IS NO REVELATION.

The 'premine' is VERY insignificant if you actually saw how spread out the amount was as it was used for payment on the coin itself, website, wiki, BOUNTIES. A lot of that is going into the generation of bounties to further grow PowerCoin as a viable currency alternative.

OP is blowing steam out of his **** with the Linux accusation, the development team solely focused on a Windows client (the majority).

As for the etiquette of the OP. He threatened to extort me for PWC (ironic isn't it) to not expose his findings. In other words I am taking this very seriously. Screenshots are being compiled as we speak.

In regards to the BTER (epic fail) that was a huge miscommunication/ lie from a Chinese national who thought he was admin...
sr. member
Activity: 490
Merit: 254
Also, for the record, I am not defending either party, if they both broke the law, they should both suffer the consequences.
sr. member
Activity: 490
Merit: 254
The OP tried to extort NWO: "Send me coins or I will make slanderous posts!"
This is illegal, it is extortion. Under no circumstance it is permissible.
It doesn't even matter whether his so called evidence materials hold water.

Well I am pretty sure NWO is guilty of misleading investors (miners) as well, as the original version of the announcement post claimed that the coin was pre-approved to be listed on BTER, which was soon after discredited by the BTER admin. Maybe the SEC or someone (probably the equivalent agency of NWO's home country) would be interested in this, as they are already on record that they need to get into crypto-currency regulations. And yes, early miners should be classified as investors since time and effort, pointing hashpower to a coin in hopes of higher return, would be considered as the investment.
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