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Topic: BitBar Didn't Pre-Mine, they were just conveniently ready (Read 4882 times)

sr. member
Activity: 308
Merit: 250
I personally dont really like the idea of their being different reward levels for the first few days. And i consider that a premine, although not as bad as PPcoin, its still rewarding those in the know, over those about to be in the know.

I'm saying this and i had my miner up by block 25 and earned alot of easy bitbar. But the coin was obviously there to benefit a few in the beginning.

Greed seems to be happening alot lately.

But how fair can a release be? Because there is always going to be someone who nows more then others. Predetermined limits that give exponantial gains in the beginning, in my opinion are not the way to test the fairness system though.

So you had your miner ready in 43 seconds?

http://btb.cryptocoinexplorer.com/chain/BitBar?count=2016&hi=2015

Phucking shills
sr. member
Activity: 476
Merit: 250
But how fair can a release be? Because there is always going to be someone who nows more then others. Predetermined limits that give exponantial gains in the beginning, in my opinion are not the way to test the fairness system though.

I can't understand what the problem with a fair launch is. Release the (documented) code, launch the testnet, define genesis block as hash of future Bitcoin blocks (say, hash of sequence of hashes of Bitcoin blocks xxxx00 to xxxx10, which will be mined in about a month or two after the code release). Is that that hard? They could even include their reward in the genesis block, which will be still more fair than traditional "instant launch".
legendary
Activity: 2198
Merit: 1014
Franko is Freedom
I personally dont really like the idea of their being different reward levels for the first few days. And i consider that a premine, although not as bad as PPcoin, its still rewarding those in the know, over those about to be in the know.

I'm saying this and i had my miner up by block 25 and earned alot of easy bitbar. But the coin was obviously there to benefit a few in the beginning.

Greed seems to be happening alot lately.

But how fair can a release be? Because there is always going to be someone who nows more then others. Predetermined limits that give exponantial gains in the beginning, in my opinion are not the way to test the fairness system though.
sr. member
Activity: 476
Merit: 250
It's interesting when people argue that anyone could start mining in 2 (1, 5, 15, 30, whatever) minutes.
So they mean they see an announcement, download and build the code (which they haven't even heard of before!), or even worse, the binaries, and launch it on their machines right away?!
Just another facepalm.

Most (I hope) run the code in a VM or sandboxed install.

You're right, but there are still questions. One has to create a new VM instance (or clean an existing one), configure it (open/close network ports) and point miners to it. I'm trying to imagine those "early adopters" awake 24/7, with running spare clean VM, hitting F5 on the forums watching for another scamcoin announcement  Smiley. Of course, it's possible but highly unprobable  Undecided.

I just can't get how the developers could write the coin, test it (as they claim), and after all the hard work mess everything up with instant launch (just like any altcoin before). Is that greed, that nobody can overcome? Will we ever see an altcoin with really fair launch, with pre-announcement and public testing in testnet for at least a month? Or maybe there will be a documented coin some day? I hope so.
hero member
Activity: 840
Merit: 1000
It's interesting when people argue that anyone could start mining in 2 (1, 5, 15, 30, whatever) minutes.
So they mean they see an announcement, download and build the code (which they haven't even heard of before!), or even worse, the binaries, and launch it on their machines right away?!
Just another facepalm.

Most (I hope) run the code in a VM or sandboxed install.

Got one you'd recommend?

I use VirtualBox, which is free.

There's also VMWare, and Sandboxie.
hero member
Activity: 764
Merit: 500
It's interesting when people argue that anyone could start mining in 2 (1, 5, 15, 30, whatever) minutes.
So they mean they see an announcement, download and build the code (which they haven't even heard of before!), or even worse, the binaries, and launch it on their machines right away?!
Just another facepalm.

Most (I hope) run the code in a VM or sandboxed install.

Got one you'd recommend?
hero member
Activity: 840
Merit: 1000
It's interesting when people argue that anyone could start mining in 2 (1, 5, 15, 30, whatever) minutes.
So they mean they see an announcement, download and build the code (which they haven't even heard of before!), or even worse, the binaries, and launch it on their machines right away?!
Just another facepalm.

Most (I hope) run the code in a VM or sandboxed install.
sr. member
Activity: 476
Merit: 250
It's interesting when people argue that anyone could start mining in 2 (1, 5, 15, 30, whatever) minutes.
So they mean they see an announcement, download and build the code (which they haven't even heard of before!), or even worse, the binaries, and launch it on their machines right away?!
Just another facepalm.
hero member
Activity: 1036
Merit: 500
Imagine the multitudes at their keyboards peeing into bottles, afraid to run to the bathroom for fear of missing the narrow launch window of the next scam coin.  

Seriously, I lol'd.

People, please dont bother with scamcoin pump n dumps. Just focus on BTC, LTC, and Netcoin when its finally released.
hero member
Activity: 511
Merit: 500
Hempire Loading...
Hey mr_random

Can you tell me why did you receive 40 Bitbars from the same person that mined the first blocks? and would that explain why are you defending it so hard?

I think this shill is toast:

Post where he shows his address: https://bitcointalksearch.org/topic/m.2017517

As you wish: B7BeA9WHxmuUrYhQq7NeckRDhbY99WgG6x

I will send your btc once I receive.

Cheers

The wallet itself: http://btb.cryptocoinexplorer.com/address/B7BeA9WHxmuUrYhQq7NeckRDhbY99WgG6x

You were donated a fair ammount of BitBar to use your post count and reputation to defend it didn't you?  Roll Eyes Roll Eyes


We all know how this works, just sad that a bunch of newcomers get stuck holding the bag with a ton of worthless scamcoins.

I'm knitting that bag from hemp right now...please hold on so I can be that newcomer!
hero member
Activity: 511
Merit: 500
Hempire Loading...
Bitbar is my favorite alt-coin currently...as the rarity may be a fantastic way to hold your Bitcoin's value.  Even with the profitability lower than BTC I am mining it right now...figuring the interest in it will drop off as miners scramble to mine the most profitable coin...which will be this one as the true believers keep mining and keep trading for more...this is still unknown...even to other Bitcointalk users...it's only been around for a week or two!  Give it time...and more than just believers will become interested...then the real fun begins.
full member
Activity: 224
Merit: 100
Hey mr_random

Can you tell me why did you receive 40 Bitbars from the same person that mined the first blocks? and would that explain why are you defending it so hard?

I think this shill is toast:

Post where he shows his address: https://bitcointalksearch.org/topic/m.2017517

As you wish: B7BeA9WHxmuUrYhQq7NeckRDhbY99WgG6x

I will send your btc once I receive.

Cheers

The wallet itself: http://btb.cryptocoinexplorer.com/address/B7BeA9WHxmuUrYhQq7NeckRDhbY99WgG6x

You were donated a fair ammount of BitBar to use your post count and reputation to defend it didn't you?  Roll Eyes Roll Eyes


We all know how this works, just sad that a bunch of newcomers get stuck holding the bag with a ton of worthless scamcoins.
full member
Activity: 224
Merit: 100
So from the time that it was announced to the time someone has time to read the announcement, download the client and configure the .config you need at least 15 minutes, by that time 500 Bitbar were already in the hands of the creator and the people that was aware before the announcement.


I pity you who missed the boat, It took me less than 2 minutes to setup my miner and point to bitbar, and I'm pretty sure most people can do it in less than 1 min.



Not all of us prioritize PM'ing every JR member so that we can have the 'luck' to stay awake all night instamining the latest scamcoin though.
sr. member
Activity: 476
Merit: 250
In fact, the developers awarded themselves about 2000 BTB, right?
full member
Activity: 157
Merit: 100
guys, just forget about failbar, nobody cares already
sr. member
Activity: 308
Merit: 250
Hey mr_random

Can you tell me why did you receive 40 Bitbars from the same person that mined the first blocks? and would that explain why are you defending it so hard?

I think this shill is toast:

Post where he shows his address: https://bitcointalksearch.org/topic/m.2017517

As you wish: B7BeA9WHxmuUrYhQq7NeckRDhbY99WgG6x

I will send your btc once I receive.

Cheers

The wallet itself: http://btb.cryptocoinexplorer.com/address/B7BeA9WHxmuUrYhQq7NeckRDhbY99WgG6x

You were donated a fair ammount of BitBar to use your post count and reputation to defend it didn't you?  Roll Eyes Roll Eyes
sr. member
Activity: 308
Merit: 250
Lol  @ ymer saying hdclover is an insider.

You keep defending BitBar with silly posts with strawman and derails, go back to spamming how awesome BitBar is.

You fail you realize that? Lets count my posts vs your post on BitBars and see who is spamming.

You keep showing up in all the threads where the BitBar is exposed giving silly arguments, not a single significaive post by you has been seen.

Your arguments:

"LOL you were late to the game"
"LOL you think that people making threads defending BitBar over and over are insiders"  Roll Eyes Roll Eyes

Keep getting mad. I never said anything. Neither did you, except you copied other people's ideas into your posts. Who cares if I show up in threads? Who cares if i say what I want? Who cares if you said hdclover is an insider? Did you read my response to it? Did i flat out object to it? No. So, thanks. Keep it to yourself. I haven't made a single thread about these BitBars, unlike you.

Just click ignore. I've done it to 3 people and now I've noticed I don't see any of these anti-BitBar trolls. Anywhere.  Smiley

You have no reason to defend BitBar right: https://bitcointalksearch.org/topic/btb-3-bitbar-for-sale-pm-me-196323  Roll Eyes Roll Eyes Roll Eyes
newbie
Activity: 42
Merit: 0
Lol  @ ymer saying hdclover is an insider.

You keep defending BitBar with silly posts with strawman and derails, go back to spamming how awesome BitBar is.

You fail you realize that? Lets count my posts vs your post on BitBars and see who is spamming.

You keep showing up in all the threads where the BitBar is exposed giving silly arguments, not a single significaive post by you has been seen.

Your arguments:

"LOL you were late to the game"
"LOL you think that people making threads defending BitBar over and over are insiders"  Roll Eyes Roll Eyes

Keep getting mad. I never said anything. Neither did you, except you copied other people's ideas into your posts. Who cares if I show up in threads? Who cares if i say what I want? Who cares if you said hdclover is an insider? Did you read my response to it? Did i flat out object to it? No. So, thanks. Keep it to yourself. I haven't made a single thread about these BitBars, unlike you.

lol keep ranting with no arguments, it gives you more credibility.

Yea, ok. Keep spamming all you want. That gives you more credibility too. My opinions don't mean anything anyways, I've only significantly contributed to FeatherCoin to help promote it, which I'm proud of (:
legendary
Activity: 1344
Merit: 1001
Lol  @ ymer saying hdclover is an insider.

You keep defending BitBar with silly posts with strawman and derails, go back to spamming how awesome BitBar is.

You fail you realize that? Lets count my posts vs your post on BitBars and see who is spamming.

You keep showing up in all the threads where the BitBar is exposed giving silly arguments, not a single significaive post by you has been seen.

Your arguments:

"LOL you were late to the game"
"LOL you think that people making threads defending BitBar over and over are insiders"  Roll Eyes Roll Eyes

Keep getting mad. I never said anything. Neither did you, except you copied other people's ideas into your posts. Who cares if I show up in threads? Who cares if i say what I want? Who cares if you said hdclover is an insider? Did you read my response to it? Did i flat out object to it? No. So, thanks. Keep it to yourself. I haven't made a single thread about these BitBars, unlike you.

Just click ignore. I've done it to 3 people and now I've noticed I don't see any of these anti-BitBar trolls. Anywhere.  Smiley
sr. member
Activity: 308
Merit: 250
Lol  @ ymer saying hdclover is an insider.

You keep defending BitBar with silly posts with strawman and derails, go back to spamming how awesome BitBar is.

You fail you realize that? Lets count my posts vs your post on BitBars and see who is spamming.

You keep showing up in all the threads where the BitBar is exposed giving silly arguments, not a single significaive post by you has been seen.

Your arguments:

"LOL you were late to the game"
"LOL you think that people making threads defending BitBar over and over are insiders"  Roll Eyes Roll Eyes

Keep getting mad. I never said anything. Neither did you, except you copied other people's ideas into your posts. Who cares if I show up in threads? Who cares if i say what I want? Who cares if you said hdclover is an insider? Did you read my response to it? Did i flat out object to it? No. So, thanks. Keep it to yourself. I haven't made a single thread about these BitBars, unlike you.

lol keep ranting with no arguments, it gives you more credibility.
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