Topic: Dash Instamine is a non-issue. - page 2. (Read 4554 times)

the more DASH shills cover it with bullshit upon bullshit just makes it more stinkier...

non issue...old issue...the only issue I am seeing here is DASH shills not getting their story straight.

The stench of the instamine just never leaves does it? I'd rather hold fiat than Dash...

Instamine or not does not concern me, as long as there are development and progress with the community, technology and economy of the coin, it will be good enough for me.  You may find it absurd but what would I do with a fair launched coin that does not offer anything at all?

Why would we believe anything you or any other dasher says? Probably all bogus.

Yeah because mining blocks of 500 coins several per second was very costly and much cheaper to buy it really. Of course it was cheaper than basically free
. You could buy 2 million coins on the market for less than mining it for practically free with no competition.....wait no that sounds like the obvious lies someone like tok would tell you.

Tok speaks like he knows who retains what loot of dash they had. He has no idea.

These instamining whales probably spread their loot over many wallets and you will never know how much they have. Sold it to themselves etc etc.

Thats the problem, its simple to prove it was a scam we have all the evidence there in black and white. They cant transform a proven scam back to being legit. There is no way for it to happen other than restart it all again.

They did offer a 2 million coin air drop to this board.

But they cancelled it said not enough people seemed interested.

Yeah imagine that nobody is interested in 2 million dash airdropped for free to the board.

Toknormal has not refuted one shred of the scam evidence and has produced 4 terrible excuses and counter arguments that only serve to illustrate how unrealistic you can become when you have a couple of masternodes.

1. it is wrong to call a scam a scam because you are scamming those who could have benefitted more from the scam.
2. it was not a scam it was an accident and then another accident after to multiply the effect of the first accident.
3 you can make good gains from being involved with scams...
4 lying now that it was cheaper to buy it on the market than devs got it for by mining with no competition for a few hours.

Yeah show me when millions of dash were cheaper to buy than rent some amazon instances for a few hours.




Evans is a scammer with a plan. The rest are just tag along scammers with one plan to tag on to evans. I mean tok can't even generate a feasible excuse without making it worse for dash. Same for qwizze and tao well imagine him on your team the guy blew the whistle on dash scam at the start ....i can see why they turn to scams they simply can not compete on an even playing field. If i were evans id give them all a few masternodes extra to remain silent.

Anyway if it is a non issue then just mention dash here or on any exchange troll box or even just typed dash into google.
Dash is synonymous with scam and instamine. It is the first thing people bring up. It is an issue it will remain an issue.

Its not like nobody knows it happened.

I realize people on this forum generally aren't that bright so i'll try to explain it slowly without using too many big words

Dash: 8 hours to INSTAMINE 1.5 million dash, emission changed from 500 to 5 after the instamine
Bitcoin: took about a year to MINE 1 million bitcoin, no emission change

GOT THAT?  

If the dev lies and makes excuses like Evan Duffield did, trying to downplay the instamine and act like it was an accident (oops!!!) then yes, it's a scam

There are no premined coins.

There were "fastmined" coins for a couple of hours during which many people mined.

The biggest holder however, was not a miner but a buyer, since even with the fastmine it was still cheaper to buy in markets than mine and there were tens of thousands on sale for several weeks for a few BTC.

That holder has since executed exactly your "worst case scenario" and sold nearly 80% of their holdings in OTC (over the counter) sales during the last couple of years. (Around 400,000 coins by most accounts I can gather).

Instamine is not a “scam” of its own but it always brings in a risk. If you consider the fact that Satoshi Nakomoto is said to mined 1 million bitcoins and owns it, same logic means bitcoin is a instamine and premined scam.

I think the only possible worse case scenario on Dash premine is if the developers or whoever holds those premined coins starts selling the coins in order to take profit, if it stays like that there is no problem at all. This creates a doubtful cloud over the buyers but not a huge one.

I'm not the one needing the excuse.

You are

Why are you quoting smooth here?

anyway...


LOL again no rebuttal of scam but instead a boasting of how much you have gained from being involved with a scam and promoting it. Classy

So yes you have proven scammers can scam money from people and make finanacial gain. Thanks.

so now Weve had

1. it is wrong to call a scam a scam because you are scamming those who could have benefitted more from the scam.
2. it was not a scam it was an accident and then another accident after to multiply the effect of the first accident.
3 you can make good gains from being involved with scams...

what other excuses can you invent?

toknormal please post whatever you like i enjoy your posts more than you know.

I don't think you need to prove scams can be lucrative ...you're doing this all wrong. You're not meant to be proving just how much profit you and other scammers have extracted from the crypto community and taken from fairer projects you are meant to be refuting that it is a scam. Have another try.

A small example of the nonsense to be found in your "citations" from 1 year ago:


Dash ratio to Bitcoin at the time that post was made: 0.016
Dash ratio to Bitcoin today: 0.05+

A 300% return against Bitcoin for anyone not holding Dash in masternodes.

Dash exchange rate with $USD at the time that post was made: $5.94
Dash exchange rate with $USD today: $73

A 1200% return against the $USD for anyone not holding Dash in masternodes. (And that's after a 50% retrace from the last ATH).

Of course if anyone had listened to your overtures of the time they'd have been better throwing their money down the toilet.

Cite all the "observable facts" you like over the next few years. I might post a few of my own

Yep posting facts of a scam with observable events = spewing crap to dashers.

I just explained to you that your argument is totally corrupt.

Perhaps you missed the example I just gave you?

Your last jusfication or example is pure desperation. So if you call a proven scam a scam then you are actually scamming those that could have benefitted from the scam if you had kept quiet about it or endorsed it. I see. How many masternodes does it take to cause this amount of distortion?

Are you so desperate you are trying to cling to this warped argument?

Come on scammer you can do better than that can't you.

Insisting people keep quiet about scams or hype them like your or else you are responsible for the loss of those that didnt decide to be part of the scam.?? are you for real?

Again though looks like a diversion and again no real rebuttal to the facts I presented to you above. Should I post them again or are you going to refute those events took place?

The old it was all an accident that we not only decided not to fix but rather to multiply the damage x4 (probably all by accident) is only a possibility in the distorted reality of scammers on the scam train like you.

Nobody believes it was a flaw nor an accident.  Even you do not believe it you just want to keep the scam train rolling for as long as possible.


So let's stop messing about.

Come now refute the facts presented. Nobody believes it was an accident. What other excuses do you have.

Weve had

1. it is wrong to call a scam a scam because you are scamming those who could have benefitted more from the scam.
2. it was not a scam it was an accident and then another accident after to multiply the effect of the first accident.

what other excuses can you invent?

Speaking of which, maybe it's time you start apologising for all the crap you've been spewing since day 1 of this affair since there are far more people that missed out on a decent return from a sound asset due to that than ever missed out on mining in the first couple of hours 3 years ago.

You heard it hear folks..

saying fair launch then making it as unfair as possible is NOT a scam.

It was merely a flaw.

So instead of restarting it they thought they would keep all of the coins then slash away 75% of the other available coins to those that wanted to mine fairly.

In principle?? is that a joke.

I mean there is little you would have problem with in principle obviously especially if you are benefitting from it.

Toknormal = scammer.

From some perspective....lol. Like the vast majority of peoples perspective you mean.

Constructive view = turning a blind eye so long as you benefit from it. I see.

I will in future brand you a full and intentional scammer like Qwizzie and tao. I will repost the dash PROOF of observable events and let rational people not motivated by masternodes decide themselves.

Here have another read. Then tell me all about the incorrect assertion people are making about the Fair launch dash advertised. Deliberate organised scam from the start.


Let's take a look at the first 5 h of Darkcoin (XCoin at that time)..dash

https://bitcointalksearch.org/topic/m.4589219
Edufield said (after failed launch) that he will wait the next day to launch DRK (XCoin at that time) it is 11 pm.

https://bitcointalksearch.org/topic/m.4591407
Edufield disregard windows wallet and daemon and hurry up his launch, presumably to not have windows miners on board.

https://bitcointalksearch.org/topic/m.4592827
Edufield say he added four nodes for the launch at 4 am (5 hours later, despite his promise to wait). The 4 nodes from Edufield are 3 amazons AWS + another unknown (whois IP). Launch started at 3h54 am.

https://bitcointalksearch.org/topic/m.4593601
Edufield said the github version was not updated, nobody could compile and only Edufield was able to mine until that time. It is 5.09 am and Edufield instamined alone 1153 block at 500 DRK + 60 block at reward 277 = 593120 DRK for him alone in about 1 hour.

https://bitcointalksearch.org/topic/m.4593987
No windows wallet confirmed at 5h47 am, despite a user attempt to make one avaiable, that Edufield dismissed quickly.

https://bitcointalksearch.org/topic/m.4594096
Illodin, understand dev has instamined alot of coin.

https://bitcointalksearch.org/topic/m.4595573
From this list of nodes, at 8h34 am (4h40 after launch) there were 50 Amazon AWS node and 50 microsoft cloud computing instamining DRK (checked using IP whois service). This is 100/124 nodes using cloud computing to instamine DRK. We are at block 2870 and block reward is 500. From block 1153-1729 block reward is 277. After that it is 500 again hence 2294 block at 500 + 576 at 277 = 1306552 DRK (worth about 13M$ now) were instamined in less than 5 hour by Edufield and coworkers using about 100 cloud mining instances. Edufield himself instamined in not even 5 h from 600K to 1169K DRK ((1306K-600K)*100/124 + 600K) depending how many of the 100 cloud mining instance were its own. All this while having purposefully set the difficult ridiculously low and block reward 100 times what it is now.


SCAM = unfair and dishonest scheme = dash


This latest defence is so strange. Where are the victims ? what are you talking about it is there in black and white.

1. everyone who was told it was a fair launch LIKE ALL THE OTHER LAUNCHES AT THE TIME. - then prevented from mining fairly = scammed
2. everyone who was told there would be much more opportunity to mine ( then that got slashed by 75%) - prevented from mining the coins that were then taken away = scammed.

here are your victims.

3. everyone buying now thinking dash can go somewhere not knowing the scam it is will forever hold it back = being scammed.


Every dasher on here trying to scam others into supporting your scam = scammers.

I will be updating my scammers thread to add all of your names to it.

Denying a scam after it is proven time and time again to you in black and white = scam enabler and defender = scammer.


Threads examining the evidence of the captive instamine and reduction of the minting to magnify such instamining ...PROOF OF SCAM

https://bitcointalksearch.org/topic/why-the-darkcoindashdashpay-instamine-matters-999886

https://bitcointalksearch.org/topic/scam-darkcoin-instamine-2-millions-drks-50-of-darkcoin-in-circulation-560138

https://bitcointalksearch.org/topic/darkcoin-now-known-as-dash-big-scam-lets-take-a-closer-look-559028

https://bitcointalksearch.org/topic/darkcoin-aka-dash-the-biggest-ongoing-scam-in-crypto-995710

https://bitcointalksearch.org/topic/dash-aka-darkcoin-victim-resources-999084

https://bitcointalksearch.org/topic/scam-darkcoin-instamine-2-millions-drks-50-of-darkcoin-in-circulation-560138


I don't mind reposting this all day long to you whenever you say there was no scam.

It is good you keep forcing it to be reposted so as many people can review the evidence for themselves.

I did answer the question unequivocally. I said Dash wasn't a scam and that you are incorrect in making that assertion.

I've pointed out that your "proof" is no more than your own deluded melodrama of turning a flawed launch concerning millions of worthless coins into some kind of extreme "heist". There's not an asset in existence that you can't frame in some adverse perspective that projects it as a "gravy train for the few" as you did with your inane last post.

I don't have any problem with that in principle - you're welcome to battling your little windmills because as I've repeatedly pointed out, markets exist to aggregate both our views. Just don't be surprised when others take a more constructive view and end up having that reflected in future growth.

You never answer questions but rather dream up these strange concepts and thought experiments that corroborate the pov only a motivated scammer can identify with.

Your last jusfication or example is pure desperation. So if you call a proven scam a scam then you are actually scamming those that could have benefitted from the scam if you had kept quiet about it or endorsed it. I see. How many masternodes does it take to cause this amount of distortion?

Refute the evidence provided above proving scam or admit you are just trying to scam others into joining your self enrichment scheme.

Best stick to the yes it is a scam but nobody cares argument instead of going backwards.

Like I say.

That herbal tea works wonders. Specially when what you keep saying's gonna happen keeps not happening

P.S.  Re. "the vast majority". They're already invested, participating in masternodes, participating in voting, participating in ROI and participating in the future  

For example. Here's one of them that takes a somewhat more inspirational view than yours.

Ha, what a lot of nonsense and excuses from a scammer who is intent on keeping the scam rolling on for as long as possible.

Of course people can profit from a scam. Scammers making money from scams is not a new concept.

It is simple. We have proven it was not a fair launch. They claimed it was a fair launch then made it as unfair as possible. That is called a scam.

You know this and still try to lie and benefit from getting in on the scam = you are a scammer.

It goes like this


1. say fair pow launch but take all of the coins for themselves at the start
2. reduce miners change by 75% of attaining the other coins that remain so their bulk of scam coins is worth much more
3. introduce a way to take more of the miners coins through masternodes
4. introduce a way to make all the decisions based on the easy bulk of the coins they took via scam start
5. introduce a funding scheme so out of their $100,000,000's of dollars of scammed coins they don't alone fund development that just makes them richer.


you can not build on top of that scam start.

other projects with fair start and not a proven scam will win against dash because at the end of the day not everyone one wants to benefit from being part of a scam like you.

the vast majority of this board knows dash is a scam...the vast majority of the board will come to know you are a scammer if you continue to spout the usual excuses and protectionist lies and nonsense that it cant be a scam because people involved make money and those providing factual observable events illustrating dash is a scam are upset at the success of the scam so far.

toknormal = scam protector, scam promoter = deliberate scammer.

Actually it would do just the opposite - I'd be 'scamming' them if I did describe it as a scam and steering them away from what is a potentially very successful investment.

In fact Dash is one of the best distributed and thoughroghly viable assets out there right now. One who's history, personnel, technology and trading characteristics have probably been under the microscope more than any other crypto. Where the development team are all known, hard working individuals. Well managed and one of the few that hasn't collapsed in acrimony, that's consistently created sensible roadmaps and delivered on them.

2 million or so coins were mined in the first few hours. The emission profile got changed early on. Deal with it. It isn't a scam, it's something for the market to price in. As such it takes its place alongside offerings that don't have the instamine so stop acting like some 3 year old kid that's not being given a choice of toddler tea. Your faux ethics and sanctimonious ramblings are a poor disguise for the fact that you're simply nettled at the valuation.

Drink some more herbal tea and filter line 4 on your coinmarket listing and the discomfort will subside

What you say and what the reality is for the rest of mankind are very different things.


Strange since in all recent polls on the main board illustrated that the vast majority knows dash is a scam.

There is no argument. There are simply the observable events that took place that clearly illustrate it is a scam and some excuses for those observable factual events from those that own and hope to profit further from dash.

You are making yourself synonymous with defending and profiting from a scam. The problem is keep denying it just results in the proof being displayed over and over again so it is more damaging to dash than just remaining silent. Remain silent and you don't become a famous scammer on here and dash doesn't keep getting the facts of the scam presented over and over. You, qwizzie and tao are just presenting opportunity for the facts to be presented over and over.

Let people buy dash if they want but if they ask about the instamine/premine apparently fair launch POW don't tell them it wasn't a scam. It makes you a liar and a scammer yourself.

If it was a development requirements, or a premine for marketing campaign, ICO, the rest of the instamine would have been burned, that's what i said in other posts.
Is it possible to have some addresses to track them (he should have around 50 addresses) ? Does the nature of DASH makes this impossible ?
What is he saying about the coins ?