Pages:
Author

Topic: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero) - page 13. (Read 132857 times)

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
newbie
Activity: 40
Merit: 0
This topic.  A true story.  Wink  
  

Did you create this image?

If by created you mean cobbled together from a lot of graphics and pieces I found on Google image search in MS Paint, yeah.   Cheesy  Glad you like it. 
Brilliant work. I wish it were a real game.
hero member
Activity: 770
Merit: 504
This topic.  A true story.  Wink  
  

Did you create this image?

If by created you mean cobbled together from a lot of graphics and pieces I found on Google image search in MS Paint, yeah.   Cheesy  Glad you like it. 
newbie
Activity: 40
Merit: 0
This topic.  A true story.  Wink  
  
(Play this music in the background for the full arcade experience: https://youtu.be/DLbtEMnkpLU  Cool)
  
http://i.imgur.com/9L7RCbp.jpg  
  

Did you create this image?
hero member
Activity: 591
Merit: 501
Scavenger of Crypto Sorrow
Fake whitepapers, fake blockchain, fake marketcap.
pa
hero member
Activity: 528
Merit: 501
I wonder if the 82% Bytecoin ninjamine was an in-joke referencing Unit 8200: https://en.wikipedia.org/wiki/Unit_8200
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
This topic needs to be bumped again...
sr. member
Activity: 252
Merit: 250
Bytecoin has a huge premine and benefits the developer a lot. Monero is fairer. However, the Bytecoin has much bigger market capitalization than Monero.

And having a huge premine, you can suspect a lot of those volume (which BTW is lower than Monero's one) can be fake and the market cap can be easily manipulated.
sr. member
Activity: 434
Merit: 250
However, bitcoin is till being developed actively. Do we know the real name behind Bytecoin? Just very curious.
legendary
Activity: 1512
Merit: 1012
Still wild and free
Dear rethink-your-strategy

This is one of the BEST INVESTIGATION WORK i ever seen on a forum.

Thanks for your time and your passion.

THIS COMUNITY NEEDS PEOPLE LIKE YOU

+1
hero member
Activity: 770
Merit: 504
This topic.  A true story.  Wink  
  
(Play this music in the background for the full arcade experience: https://youtu.be/DLbtEMnkpLU  Cool)
  
 
  
hero member
Activity: 588
Merit: 503
Free Julian Assange
Dear rethink-your-strategy

This is one of the BEST INVESTIGATION WORK i ever seen on a forum.

Thanks for your time and your passion.

THIS COMUNITY NEEDS PEOPLE LIKE YOU
hero member
Activity: 532
Merit: 500
This thread deserves a bump.

The fact that this blatant abuse is allowed on Monero fawning threads but similar or far less abuse is tolerated on non or anti Monero threads speaks volumes about the bias on this forum.

Ohai Scammer, how is Hitbtc doing? Does Sergej still work with you guys?
hero member
Activity: 983
Merit: 502
This thread deserves a bump.

The fact that this blatant abuse is allowed on Monero fawning threads but similar or far less abuse is tolerated on non or anti Monero threads speaks volumes about the bias on this forum.
legendary
Activity: 930
Merit: 1010
Bytecoin has a huge premine and benefits the developer a lot. Monero is fairer. However, the Bytecoin has much bigger market capitalization than Monero.

So...

1) create an altcoin

2) make the supply a trillion billion

3) sell one of them to your friend for 100 satoshi

4) have a market cap bigger than USD

5) ??

6) Profit!
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Bytecoin has a huge premine and benefits the developer a lot. Monero is fairer. However, the Bytecoin has much bigger market capitalization than Monero.

market cap means nothing when you have 80% of the entire supply to keep the price from plummeting.

If I have 1 trillion coins that are worth $0.0001

That is a higher market cap than a coin that has

100,000,000 coins that are worth $0.10 each.

More coins makes the market cap higher plus having a 80% premine doesnt make it lower either.

Bytescam
sr. member
Activity: 434
Merit: 250
Bytecoin has a huge premine and benefits the developer a lot. Monero is fairer. However, the Bytecoin has much bigger market capitalization than Monero.
hero member
Activity: 938
Merit: 1001
He's written an article, as well: https://www.zapchain.com/a/h27LEGVJ4J

Very interesting.

I believe CoinTelegraph bought my website CPU Coin List. https://bitcointalksearch.org/topic/ann-cpu-coin-list-cpucoinlistcom-alt-coins-for-your-cpu-483976

After i released control, the only update ever made was to add CoinTelegraph banners.
legendary
Activity: 1762
Merit: 1011
legendary
Activity: 2968
Merit: 1198
Interesting development.

It seems rethink-your-strategy was well ahead of the curve with his investigations here, but over time more of the story/scamming is coming to light (and it now appears likely that it reaches well beyond the Bytecoin/Cryptonote saga to elsewhere in the cryptosphere, as I have long suspected)

Bytecoin trying to discredit CN competitors by funding Coin Telegraph and dictating artciles published.  It turns out the same scammers are behind most of the failed CN coin launches.

...

https://www.reddit.com/r/Monero/comments/3g1x60/who_owns_and_runs_cointelegraph_madbitcoins_live/
https://www.reddit.com/r/Bitcoin/comments/3g1rpx/mad_bitcoins_on_twitter_the_truth_behind/
Pages:
Jump to: