Is SCHARMBECK Shutting Down? | Bitcointalksearch.org

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Quote from: flound1129 on April 09, 2014, 12:07:38 AM

Quote from: Blackblanco on February 12, 2014, 09:27:15 AM

Quote from: kdrop on February 09, 2014, 08:58:29 PM

Quote from: ahmed_bodi on February 09, 2014, 01:39:53 PM

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!! Where is all of the money?? Why is no one addressing this question? The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated. Why the RUSH? And why offered with some weirdo hanging carrot prize? Can ANYONE explain this at all? All of you in charge now who were on the board when this happened a few short weeks ago were around. WHERE did all of our money go for those shares? Huh

I'm not an attorney, but I did consult with one and it's likely that their cryptostocks offerings were noncompliant. People who invested should file a complaint with the SEC. There is the potential to get at least part of your money back.

If I even believed this part just a little bit I would probably go through whatever process I needed to to notify the SEC but I have a sneaking feeling it wouldn't really get anything accomplished. Have you ever tried filing anything with SEC under similar circumstances?

flound1129

hero member

Activity: 938

Merit: 1000

www.multipool.us

Quote from: Blackblanco on February 12, 2014, 09:27:15 AM

Quote from: kdrop on February 09, 2014, 08:58:29 PM

Quote from: ahmed_bodi on February 09, 2014, 01:39:53 PM

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!! Where is all of the money?? Why is no one addressing this question? The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated. Why the RUSH? And why offered with some weirdo hanging carrot prize? Can ANYONE explain this at all? All of you in charge now who were on the board when this happened a few short weeks ago were around. WHERE did all of our money go for those shares? Huh

I'm not an attorney, but I did consult with one and it's likely that their cryptostocks offerings were noncompliant. People who invested should file a complaint with the SEC. There is the potential to get at least part of your money back.

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Quote from: moriartypants on March 01, 2014, 08:06:09 PM

I may be the only guy on here who held on to his scharmbeck shares but they just paid a paltry dividend, no announcement.

So. . . yay for bagholders, I guess?

Yay!! Guess I wasn't alone in my steadfast loyalty...not much to be said for our resulting bottom lines though eh?

Oldminer

legendary

Activity: 1022

Merit: 1001

Unfortunately for WDC shit sticks.

moriartypants

full member

Activity: 140

Merit: 100

I may be the only guy on here who held on to his scharmbeck shares but they just paid a paltry dividend, no announcement.

So. . . yay for bagholders, I guess?

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Seriously doubt there will be any forthcoming update(s). They have to wait for more noobs to come on board that don't know any better. Then I suspect there will be some Scambeck-v2.0 that comes about!

Investing in SBFS you might as well shoot your satoshi's to that great big NULL device in the sky!!

*Last ditch effort by Scambeck to drum a few more satoshi's out of people?

Just tweeted by Scambeck 6 hours ago:

"@scharmbeck 6h

http://scharmbeck.com may go offline for 30 days or more after 01 March. pls withdraw WDC funds that you have on deposit before that time"

moriartypants

full member

Activity: 140

Merit: 100

Is there still no news on this? No announcement?

Who can think SBFS was anything other than
1.) Scam
2.) Helmed by morons unable to run a business
3.) Both
?

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Scambeck is a truck!! Despite your evil-doings mister or misses, WDC still seems to be thriving! It makes me wonder just how successful WDC would have been by know where it not for all the scamsters and hucksters stealing everybody's coins on these bogus ventures. I really doubt that it will be able to survive another UNOCS or Scam-beck level hustle however which is a shame because all in all I kinda like WDC.

*will be interesting to see what scambeck manages to come up with from his ivory tower of Scammish or if he's just planning on continuing ghost protocol.

xodianbarr

newbie

Activity: 31

Merit: 0

Quote from: infofront on February 14, 2014, 08:29:13 AM

Quote from: Jomppe on February 13, 2014, 04:49:36 PM

Quote from: Mordillo on February 13, 2014, 03:04:10 PM

Quote from: ?? on ??

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag. Sad

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.

Here is an excellent post of one active member in WDC community http://worldcoinforum.org/topic/1427-debunking-the-wdc-scam-accusations/

"Accusation # 2: Scharmbeck or UNOCS

Many people claim Scharbeck equals to WDC. This is as ridiculous claim as claiming bitcoinstore.com equals to BitCoin, or Mt Gox equals to BitCoin or Credit Suisse equals to dollar."

This is complete BS. The Bitcoin Foundation never pumped bitcoin by advertising bitcoinstore.com. The majority of the board of directors of the Bitcoin Foundation doesn't run Mt. Gox. In fact, the Bitcoin Foundation very seldomly promotes new services. Any time they have in the past, it's been very low key, and just listed them on a website. On the other hand, the majority of the Worldcoin Foundation ran Scharmbeck, and hyped it up at every opportunity. And the fact is, the Worldcoin Foundation banked nearly the entire future of Worldcoin on one "seperate" corporation.

Nobodies disputing the connection between Scharmbeck and the Worldcoin Foundation. The dispute is that Worldcoin AKA WDC is a virtual currency using a decentralised cryptographic network and yet inconceivably people still say it's connected like it's at fault. Worldcoin did nothing for no better reason, that is incapable of doing anything other than simply existing.

I think your point about who was on the board of the Worldcoin Foundation Vs who was on the board of the Bitcoin Foundation is unimportant. Any board member who has a direct conflict of interests on a board (whichever foundation) is in a position where they could take advantage of it. 1 person, or 3. It does not matter. As for your assertion that Bitcoin Foundation did not do anything to promote Mt. Gox, well although i can honestly say i do not know they did not, i can also say i find that highly unlikely. Even a report on Mt. Gox on their site is advertising, and i'm sure they would have done it somewhere. But that's by the by because i don't think there's anything wrong in that, who is on the board however, is another story.

~~ Xodianbarr ~~

infofront

legendary

Activity: 2646

Merit: 2842

Shitcoin Minimalist

Quote from: Jomppe on February 13, 2014, 04:49:36 PM

Quote from: Mordillo on February 13, 2014, 03:04:10 PM

Quote from: ?? on ??

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag. Sad

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.

Here is an excellent post of one active member in WDC community http://worldcoinforum.org/topic/1427-debunking-the-wdc-scam-accusations/

"Accusation # 2: Scharmbeck or UNOCS

Many people claim Scharbeck equals to WDC. This is as ridiculous claim as claiming bitcoinstore.com equals to BitCoin, or Mt Gox equals to BitCoin or Credit Suisse equals to dollar."

This is complete BS. The Bitcoin Foundation never pumped bitcoin by advertising bitcoinstore.com. The majority of the board of directors of the Bitcoin Foundation doesn't run Mt. Gox. In fact, the Bitcoin Foundation very seldomly promotes new services. Any time they have in the past, it's been very low key, and just listed them on a website. On the other hand, the majority of the Worldcoin Foundation ran Scharmbeck, and hyped it up at every opportunity. And the fact is, the Worldcoin Foundation banked nearly the entire future of Worldcoin on one "seperate" corporation.

Jomppe

full member

Activity: 168

Merit: 100

Quote from: Mordillo on February 13, 2014, 03:04:10 PM

Quote from: ?? on ??

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag. Sad

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.

Here is an excellent post of one active member in WDC community http://worldcoinforum.org/topic/1427-debunking-the-wdc-scam-accusations/

Mordillo

member

Activity: 70

Merit: 10

Quote from: ?? on ??

www.worldcoinscam.com

After reading the info on that site, i'm scared to keep holding my WDC bag. Sad

And that the charts are now under 20000 satoshi doesn't make it better.

WDC was my first alt coin.

xodianbarr

newbie

Activity: 31

Merit: 0

Quote from: Jeezy911 on February 13, 2014, 08:32:31 AM

Great compared to what? There are about 400 better coins now without a huge scandal surrounding them. 3 strikes and you are out, they promised awesome and delivered poop again and again and again. Quit falling for this shit, they(Scambeck and WDC fraudation) are a bunch of scammers, how many times are you guys going to lose money?

400 better coins? Where do you get 'that' information?

Jeezy911

sr. member

Activity: 294

Merit: 250

Great compared to what? There are about 400 better coins now without a huge scandal surrounding them. 3 strikes and you are out, they promised awesome and delivered poop again and again and again. Quit falling for this shit, they(Scambeck and WDC fraudation) are a bunch of scammers, how many times are you guys going to lose money?

Vitalicus

full member

Activity: 467

Merit: 100

DIA | Data infrastructure for DeFi

Annonce was in the same day.

If Sharmbeck will not work, no problem. Will be another investor.
WDC is great currency !

flounderella

sr. member

Activity: 350

Merit: 250

Bitcoin Evengelist

Sounds scam-my. In a world of me-too altcoins, this is going to taint WorldCoin. I still like the coin but its looking bleak.

Thorgrim

sr. member

Activity: 336

Merit: 250

Quote from: Blackblanco on February 12, 2014, 09:27:15 AM

Quote from: kdrop on February 09, 2014, 08:58:29 PM

Quote from: ahmed_bodi on February 09, 2014, 01:39:53 PM

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!! Where is all of the money?? Why is no one addressing this question? The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated. Why the RUSH? And why offered with some weirdo hanging carrot prize? Can ANYONE explain this at all? All of you in charge now who were on the board when this happened a few short weeks ago were around. WHERE did all of our money go for those shares? Huh

Nobody that is in charge now were on the previous board. That board is basically dissolved and a new committee has been created to get Worldcoin back on track.

I am not sure what exactly some of you expect us to do? The three people involved in Scharmbeck are not talking and nobody else is privy to the exact situation going on with them. Like I have mentioned in other threads on this Topic; as far as I can tell there is internal legal action within Scharmbeck and they are un-able or unwilling to talk. We have tried to get answers.

I myself lost a significant amount due to Scharmbeck, but holding that against WDC is not going to do anything to rectify that problem.

Zzzack

full member

Activity: 168

Merit: 100

Quote from: StewartJ on February 11, 2014, 05:10:44 PM

Quote from: Zzzack on February 11, 2014, 10:41:48 AM

Quote from: StewartJ on February 11, 2014, 10:00:21 AM

Worldcoin is a classic premine coin that was hyper marketed and pumped and dumped.

I remember doing research a few months ago on Sharmbeck when Worldcoin community announced that exchange.
I googled it and found just one tiny little press release. It seemed so sparse, no substance. Red flags everywhere.

Any alt coin that is premined like Worldcoin, Quark, Zeta, Earth, etc pretty much follows the same development:

- Devs create a coin for which they own a substantial amount in premine / instamine.
- Miners mine coin in hope of quick, short term profit, in collaborative scamming with Dev
- Noobs buy premine coin from Devs and Miners on a sell thread at outrageous prices
- Coin is hyped, with giveaways, pretty logo, phony innovation, pumping the value
- Coin is added to an exchange, invariably Cryptsy
- More Noobs fall for hype and buy coins on exchange
- Devs, Miners and Early Adopters dump coin for immediate profit
- Noob looks down sadly at bags of worthless premined coins
- Rinse and Repeat.

To all the Devs and Miners who enjoy doing this: congratulations on all your scamming, you have all done very well.

You're retarded if you don't know what premine means. I don't know about all of the coins you listed, but I was on bitcointalk at least when Quark came out and it was announced the first day mining was possible... I hate misinformation when we are using REAL money, and there is a ton of misinformation on WDC, Quark, Namecoin, FTC that it drives me nuts.

Sorry to chime in on your reality, but quark is readily acknowledged as front loaded premined pump and dump coin.

Take a look see:
https://bitcointalk.org/index.php?topic=361286.40

Do you think that 250 million plus Quark coins will ever be used for anything, even a dice game?

But if you are invested in it and it makes you happy, who am I to judge?

lol. did you really link me to a POLL asking what people think is a scamcoin to prove that Quark was premined? I was here when Quark was launched. The internet doesn't automatically erase content either, you can check the announcement if you want to find out for yourself. I just don't understand your thought process. You make up a claim, then link me to a poll to prove it?? A poll where Bitcoin, Litecoin, and Peercoin all received large numbers of votes saying they're a scam?

I don't care if you judge me for investing in Quark or not. They have all the things I look for in a coin - economic model made for investing, a foundation, a dev who answers my PMs, and a growing reddit community. I am judging you for being a retard. Guaranteed you're a Dogekid between 14-16 years of age.

Blackblanco

member

Activity: 90

Merit: 10

Quote from: kdrop on February 09, 2014, 08:58:29 PM

Quote from: ahmed_bodi on February 09, 2014, 01:39:53 PM

i am the previous operator of the mineworks scharmbeck pool (yes it sucked)

I can vouch for both sagefit and xodianbarr. as everyone knows i sold out and told nerdcustoms i dont wish to continue due to the situation with wdc and scharmbeck. and so it was merged with nutnut's nut2pools.
The state of WDC is a complete shambles. the current wdc devs originally focused on wdc as a general and scharmbeck was treated as a completely DIFFERENT entity. however as of the recent months it has become clear that wdc + scharmbeck are one and that without scharmbeck wdc is a failure/ UNOCS v2 . both me, sagefit, xodianbarr and numerous other people have put this to the devs with very little action taken.

The End result here is: wdc and scharmbeck is dead, move on. (You can't call people scammers for doing their job especially when things were different at that time)

For WDC its a coin, it dies no big deal. As for Scharmbeck, no one would have cared if it died if they didn't crowdfund half a million dollars at cryptostocks and pretending to be legit al the time.

If they claim its not a scam they should buy back all their shares at least with whatever BTC they have left. Or wait, let me guess, they burned $0.5M in 2 months?

EXACTLY!!! Where is all of the money?? Why is no one addressing this question? The second round of shares conveniently enough started to be sold at the end of January instead of second week of Feb (I believe) Like originally stated. Why the RUSH? And why offered with some weirdo hanging carrot prize? Can ANYONE explain this at all? All of you in charge now who were on the board when this happened a few short weeks ago were around. WHERE did all of our money go for those shares? Huh

moriartypants

full member

Activity: 140

Merit: 100

Thanks xodianbarr for the transcript. I appreciate the context.

And thanks to you and Thorgrim for clarifying the Well issue.

Topic: Is SCHARMBECK Shutting Down? (Read 16826 times)