Topic: Is SCHARMBECK Shutting Down? - page 2. (Read 16790 times)

oMG. This is epic. That's not even my Andy for IP. furthermore moving away from World Coin is a good business decision. I've lost over $30,000 already dealing with this Coin. also you state mistakes. Rumors. Exedra. Why are so many people losing money on Coin. why are there so many quote unquote rumors? No other coin has that problem at this level. I'm done here. I just hope people make the smart decision and avoid what happened to me

ignore the man behind the curtain. Black is white. Up is down. right is wrong. Invest in this now.have a cigar you're going to go far. You're going to fly high. You're never going to die. And when your money's gone don't ask why

it's right on the well project page. also why wasn't it converted weeks ago. always excuses

A major worldcoin vendor banned from worldcoin IRC for simply asking why scharmbeck closed.

They provided their response on their page www.worldcoins4barter.com

Also just a quick question (as my memory sucks) but weren't there 2 other coins that were involved in the early stages? or was that another major feature that im getting confused with? after all if someone is getting bashed unfairly, surely everyone that was involved should be getting unfairly bashed (on an equal scale!) 


just my thoughts :-)

Converting now $10.000 when everyone is already nervous is just a **** idea.

Please wait so i can dump all i have before him.

That's it for me. I lost enough with WDC

Well project update - seeing as you asked about the 'scandal'.  As he promised he would do CompWindsor333 has indeed been paying the Well Project for the well (as he should).  He also stated that he would cover the cost of the shortcomings as he admits it is partly his fault for not paying it sooner.  Of course, we (the committee didn't just take his word for it, but Jdebunt went to The Well Project directly and asked the manager in charge whether or not this was true.  The manager of the Well project confirmed that Compwindsor had made a number of small payments, and had explained he would do so over a period of time so as to not crash the market by selling the coins too quickly. 

I apologise if you're feeling aggrieved by the whole Scharmbeck business. I think you would be hard pressed to find a Worldcoin member who isn't right now, as you can appreciate - presenting a point of view constructively and with justification will always get better result than just screaming 'SCAM' at everything that doesn't work out immediately. 

Lastly i would just like to point out that all the members in Worldcoin were affected by this, and some more than others.  Fighting with one another doesn't really help anything especially considering that the members their are not the owners of Scharmbeck, nor the owners of the Worldcoin Foundation.  Some of us are just trying to pick up the pieces, and it becomes particularly difficult when we get the brunt of somebody elses mistake.

~~ Xodianbarr ~~

Compwindsor has it and it is being converted slowly as to not crash the price of WDC further. Compwindsor has said that he will personally make up any shortcoming we had in funding so that the well project goes forward.

What I want to know is where you got the idea that we are continuing to fund raise or did you just make that up too?

okay then explain where the original $10,000 raised weNt?

they have started fundraising again for the african well project. It seems they lost the original 10,000 dollars from the first well project. now they want another $10,000 dollars. The scams are getting lazier they can even switch it up a little

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.

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.