Topic: [ANN][SHA]SHACoin2 - Dead Revival - Virtual & Physical Coin - Faucet - page 117. (Read 198297 times)

Today Is Deadline

According to chitniz the person has DEPOSITED around 35 btc worth of SHA = 188500000.00000000

According to someone else calculated that
Max height is 14400
Each block reward is 10000
blocks 1-1440 only worth 100 SHA
so lets do a little math here
1440(100) + (14400-1440)(10000) = 144000 + 129600000 = 129744000

Total exceeded : close to 59 million SHA

Chitniz could you do us a favour disclose us when is the 1st deposited date & amount deposited. So we can calculated the number of days the coin should have on that date from the block calculation. There should be a TxID from SHA block chain see which block is it in. Freeze their BTC account to prevent from withdrawing.

Then from then on decide this is a SCAM coin by dev. and raise the red flag


Sadly to say this is not the way of distributing the coins at a lower price. This is what i call a premine and dump coin. So those fishy B******* could actually take ur btc and give you a so called " POS" coins that could actually never work. 

Care to explain the amount been mined exceeded the total being deposited?  If  this is pure
Deposit means he did not even buy at all,  just sell, so to all folks still belief in this coins, better start worrying now. If someone can prove me wrong. Please feel free to post here.

DeV has been saying will update a new wallet 2 days ago, he is still unable to provide any new wallet to fix this issue.

Is the coin still mining? Should develop some apps to support the coin.
At this time, coins which have no apps will die soon.
 I hope SHAcoin can has a better further.

dev said their working on issues. meanwhile, all that selling you guys speak of, was a good way of distributing the coin for VERY CHEAP, as i sead, 1/3 of profitability of just mining bitcoin at that price, so congrats...
ussualy it works the opposite, and miners make the good money

Crickets 

Quote from: MrWong on March 19, 2014, 05:08:46 PM
Max height is 14400
Each block reward is 10000
blocks 1-1440 only worth 100 SHA
so lets do a little math here
1440(100) + (14400-1440)(10000) = 144000 + 129600000 = 129744000

188500000.00000000?

it is bigger than ALL coins, how it can be? big trader.......buy low and sell high.

It's been disabled for over 24 hours now/when I noticed issues etc.  and this was done over a period of days.

mining pool maybe?

Not trying to be the conspiracy theory guy here, but if you add up the Misbehaving nodes
including 2 seed nodes, it does sound suspect.
Especialy while everyone waiting around trying to resolve the stake issue while someone is dumping 35 BTC worth of SHA.

The user transferred it out in many small deposits to mostly unique addresses.  They are all legit sales on site but its interesting it's all one user and different withdraw addresses.


188500000.00000000 was the total SHA they deposited.  They transferred around 40,000 of that out without selling.

:-/

It is interesting...

Have the BTC been transferred out? If not should a hold be placed till things are resolved?

Good to hear. Is there any assistance the community can offer you? And as an aside, keep us posted, even if it's just a placeholder like this. People worry.

Me, I'm out some electricity. I would like to see it work out, but I won't be getting out the pitchforks

Value of the sales is 35.08308722 BTC for that user.   39.5 BTC total volume on SHA since adding it.

I find that interesting

chiznitz? Are those numbers correct?

those numbers sound suspect. Let's not jump to conclusions yet. I don't remember that much volume going through the site in those few days anyway.

What about all the coins (200,00k+) that I lost from the stake ?

Nice to hear, i've paused the faucet because of these issues

Is my math correct? about 30 BTC? hmmm

They only bought 10SHA total