Congratulations on wasting 957 BTC on something that could be made for 0.5btc.
Topic: Archcoin IPO deception (Read 4747 times)
ICO price here we come. Bagholders, prepare for your losses. This thread turned out to be a whistle-blower. Greedy and cocky devs never a good thing.
Did you see this thread also? https://bitcointalksearch.org/topic/facts-about-archcoin-founder-edgar-soares-btcarchitect-813877
R.I.P, Architect close the thread, is silent on twitter and cryptotrust is down, another deception in cryptoland, another scam.
ICO price here we come. Bagholders, prepare for your losses. This thread turned out to be a whistle-blower. Greedy and cocky devs never a good thing.
Or maybe because of Coinssource.com shitty attempt at journalism and was called out for it?
butthurt much?
butthurt much?
so exposing facts that are visible on the blockchain for everyone to see & prove is a "shitty attempt at journalism"? When I read that article I found it indeed interesting as it CAN be relevant when you want to know what kind of person runs ARCH. Strange move from Coinssource in my opinion, whatever the reason is. Maybe they will make a statement about it.
And if you had any balls you would be posting from your real account.
Or maybe because of Coinssource.com shitty attempt at journalism and was called out for it?
butthurt much?
butthurt much?
so exposing facts that are visible on the blockchain for everyone to see & prove is a "shitty attempt at journalism"? When I read that article I found it indeed interesting as it CAN be relevant when you want to know what kind of person runs ARCH. Strange move from Coinssource in my opinion, whatever the reason is. Maybe they will make a statement about it.
You are going to have to do a lot better than that to get cheap coins. Bring it tool
LOLOLOL come on man, that site is Wordpress every fucking post is a redirect. you moron.
Or maybe because of Coinssource.com shitty attempt at journalism and was called out for it?
butthurt much?
butthurt much?
I just caught Coinsource.com red handed changing their reporting. On the 6th they posted information about ARCHcoin deception, and then today they changed it. Fortunately Google Cache caught the deception. maybe BTCArchitect paid them off? Coinsource in any case have just proven themselves to be totally untrustworthy.
BEFORE:
https://pbs.twimg.com/media/BzceO-oIQAMYJi6.png
AFTER:
https://pbs.twimg.com/media/BzceOyKIUAAYy73.png
See for yourself here
And notice they even put a URL redirect for the old URL
http://s24.postimg.org/3m20lell1/Screenshot_from_2014_10_08_19_34_52_XX.png
BEFORE:
https://pbs.twimg.com/media/BzceO-oIQAMYJi6.png
AFTER:
https://pbs.twimg.com/media/BzceOyKIUAAYy73.png
See for yourself here
And notice they even put a URL redirect for the old URL
http://s24.postimg.org/3m20lell1/Screenshot_from_2014_10_08_19_34_52_XX.png
I am sure if the people wanted a refund or wanted no extra investment in the coin they would have asked for it, but no one complained in the thread, so it is probably fine to let it be.
weirdest thread ever
well people are greedy...But he probably should ask community if they want it to be refunded, or they are Ok with it. Would be more confident.
wut who cares about a few btc??
ARCH TO DA MOOOOOOON!!
ARCH TO DA MOOOOOOON!!
i'm going to have to sleep on this one and consider the long term ramifications.
It would seem there has been some deception regarding the Archcoin IPO.
I was watching when the IPO ended at about 927 BTC, but the number kept on climbing to 957 (and actually 964 according to the sweep address). I figured these were just payments sent and confirmed too late so would be refunded by BTCArchitect before distribution. However I only saw two small refunds made (and these were in response to people in IRC).
According to the terms the IPO was between "September 09, 2014 at 21:00 UTC and end on September 30, 2014 at 21:00 UTC"
Since there is a difference between when someone "sends" a bitcoin payment and when they are actually first confirmed, the time will be the timestamp recorded in the block itself.
screenshot
So I decided to look for myself in at the data in the blockchain and found several payments that should have been rejected and refunded. Including them as part of the IPO is unfair and against his own terms.
Clearly greed got the better of him and he decided 37BTC extra was more important than keeping to his word.
To cut a lot of technical details short, the last acceptable block was 323252 because block 323253 confirmed at 21:01:31. Anything received in block 323253 or later should have been refunded.
Here is the data I gathered: https://docs.google.com/spreadsheets/d/1qrlpTfF4I6Yzpf51Cg0wwPnPhytBcY3W9sorAmkZ_oI
I really wish people could just be straight up and honest. I spent so much time listening to BTCArchitech tell us how trustworthy he is, I actually believed it. But truth is, the people trumpeting "trust me trust me" are in fact the very people you should be wary of.
The question is now, what else has he lied about?
I was watching when the IPO ended at about 927 BTC, but the number kept on climbing to 957 (and actually 964 according to the sweep address). I figured these were just payments sent and confirmed too late so would be refunded by BTCArchitect before distribution. However I only saw two small refunds made (and these were in response to people in IRC).
According to the terms the IPO was between "September 09, 2014 at 21:00 UTC and end on September 30, 2014 at 21:00 UTC"
Since there is a difference between when someone "sends" a bitcoin payment and when they are actually first confirmed, the time will be the timestamp recorded in the block itself.
screenshot
So I decided to look for myself in at the data in the blockchain and found several payments that should have been rejected and refunded. Including them as part of the IPO is unfair and against his own terms.
Clearly greed got the better of him and he decided 37BTC extra was more important than keeping to his word.
To cut a lot of technical details short, the last acceptable block was 323252 because block 323253 confirmed at 21:01:31. Anything received in block 323253 or later should have been refunded.
Here is the data I gathered: https://docs.google.com/spreadsheets/d/1qrlpTfF4I6Yzpf51Cg0wwPnPhytBcY3W9sorAmkZ_oI
I really wish people could just be straight up and honest. I spent so much time listening to BTCArchitech tell us how trustworthy he is, I actually believed it. But truth is, the people trumpeting "trust me trust me" are in fact the very people you should be wary of.
The question is now, what else has he lied about?
Really WOOOOOWWW fucking looser get a life
CryptoBooster is so cute! He is like a little crime stopper!
http://33.media.tumblr.com/tumblr_m14egswOvU1r4gei2o1_400.gif
http://33.media.tumblr.com/tumblr_m14egswOvU1r4gei2o1_400.gif
OMG, seriously, you actually started a thread for this, GTFO
The price is over the 6k and ARCH is already a success. Have fun in your denial.
Wonder if those people who paid over 10k sats consider it a success right now haha.
But anyway, thanks for the quick 100%...even if you are a total retard.
Betcha wont hit him.
Jump to: