I shared my non-inside view of the situation, as best as I understand it. I do not claim it is factually 100% accurate, or that it doesn't involve speculation on my part on what the coin devs mined, on what exchanges did, on what hackers took and what whales bought. Obviously, I can not account for all the initial coins and who mined what and what they did with it later.
I do know that, unlike what you currently think, most people weren't waiting for when the coin will reach 0.025. This was not on the horizon. Prices like 0.000025 where was the coin was traded for ~15 days or so. And prices like 0.001x was what the coin was trading for a couple months after that.
Topic: Piece of Shit Bitcoiners et al. Hall of Fame - page 2. (Read 15813 times)
So to make it clear. The likelihood that the float of Dash is significantly owned by those in the instamine and who likely owned masternodes hence thus maintaining their share of the coin supply is what in your estimation?
Very low. In my estimation Evan should be from around 100k to 400k tops - as he was just one of the two "partners" and Hagan / internetape has already sold much or all of his stash in the lower price ranges.
Please account for 1.9 million instamined. I know someone who attempted to mine during that sham and only was able to get 500 (i.e. 0.005 million) DRK.
So you are claiming they did not sell into the pump, thus they could not have possibly offloaded 1.5 million DRK into the free market so I assume they could ONLY have sold them to other whales in bulk.
Evan probably had to face some serious losses as well:
Wild speculation.
Masternode rewards came online much later, when coin supply wasn't at 2mn, but more like 4.5mn+ and that was the low reward-scheme... like 10% or something because it was planned to gradually escalate in terms of pow/pos balance... I think the 50-50 reward was coded to be reached in small increments by q3 or q4 '15... yet by that time coins had reached 6mn. So from the instamine till then, another 4mn coins had been added to the supply, mainly by PoW....
What was the hash difficulty during this 2.5mm mined before masternodes were created? I would presume that insiders used the resources they gained from the instamine to rent massive cloud resources to mine out a majority of that 2.5mm. That isn't a wild speculation, because it is the rational thing for them to do so no one can compete with them when selling on a pump given they already control the coin and they have no intention of wide distribution and wide adoption, because for one thing they are not technically capable of it.
So on one hand you have large scale redistribution of the first 2mn coins (I know of whales that bought large packages like 20-40-100k DRKs for peanuts, back in the 0.00002 - 0.0005 range, and were even buying the ccex hacked DRKs dumps over at poloniex, down at 0.0008 or something).
So we are confirming that insiders were hoarding DRK.
The problem is there was never a wide interest in holding DRK and adopting it for use. That has always and will always be the problem.
All these things reshuffled the distribution so much that most darkcoiners understood that the instamine is a non-issue
A redistribution to whales is not a non-issue. It is precisely the death of the free market for the float and the wide adoption needed to drive network effects.
Days let's posit that your point about slow development of Monero had some validity (really I don't dig into Monero source code so I don't know), I have some reactions:
1. Could you please go post that in a thread about Monero, not in the Dash thread. Motivation/motive of Monero supporters (and myself who does not own a Moneroj) is not a factual answer to concerns about Dash.
2. The concern we've expressed about the Dash distribution is that it unfairly skews the control over the float and the profit from the coin to a smaller group. If you are implying this corrupt financial structure enables Dash to have more funds to develop their coin faster, my reaction is the technology of Dash isn't even at the level of a high school junior programmer. Don't forget I found a high school level probability math error in the InstantX white paper a year after it was released. Who the hell is doing your peer review? The anonymity is not end-to-end principled (a foundational principle of correct network protocol design), is horrendously slow, is not autonomous, and the masternodes could violate anonymity of users.
1. Could you please go post that in a thread about Monero, not in the Dash thread. Motivation/motive of Monero supporters (and myself who does not own a Moneroj) is not a factual answer to concerns about Dash.
2. The concern we've expressed about the Dash distribution is that it unfairly skews the control over the float and the profit from the coin to a smaller group. If you are implying this corrupt financial structure enables Dash to have more funds to develop their coin faster, my reaction is the technology of Dash isn't even at the level of a high school junior programmer. Don't forget I found a high school level probability math error in the InstantX white paper a year after it was released. Who the hell is doing your peer review? The anonymity is not end-to-end principled (a foundational principle of correct network protocol design), is horrendously slow, is not autonomous, and the masternodes could violate anonymity of users.
wow great list thanks
"Yes, Your Honor, I did it!"
"SO FUCKING WHAT?"
- Evan Duffy, the Masternode Slayer
"SO FUCKING WHAT?"
- Evan Duffy, the Masternode Slayer
So to make it clear. The likelihood that the float of Dash is significantly owned by those in the instamine and who likely owned masternodes hence thus maintaining their share of the coin supply is what in your estimation?
Very low. In my estimation Evan should be from around 100k to 400k tops - as he was just one of the two "partners" and Hagan / internetape has already sold much or all of his stash in the lower price ranges.
Evan probably had to face some serious losses as well:
a) the ccex hack (feb '14 - about 300 btc were stolen and moved out of the exchange by taking the darkcoins, moving them to poloniex and dumping them there for btcs)
b) the official pool hack, where he had to pay miners from his money and close the pool - I have no idea about how large a hit he took.
c) mintpal scam (I think Evan held quite a lot of DRKs @mintpal - probably in the five digits)
d) cryptsy "hack" (no idea if he held any serious amount over there after the first three rounds of losses)
Masternode rewards came online much later, when coin supply wasn't at 2mn, but more like 4.5mn+ and that was the low reward-scheme... like 10% or something because it was planned to gradually escalate in terms of pow/pos balance... I think the 50-50 reward was coded to be reached in small increments by q3 or q4 '15... yet by that time coins had reached 6mn. So from the instamine till then, another 4mn coins had been added to the supply, mainly by PoW....
So on one hand you have large scale redistribution of the first 2mn coins (I know of whales that bought large packages like 20-40-100k DRKs for peanuts, back in the 0.00002 - 0.0005 range, and were even buying the ccex hacked DRKs dumps over at poloniex, down at 0.0008 or something). Then price stabilized around 0.0015 and there was like 2-3 months of constant reshuffling because the dumps were definitely much much more than the daily coin production. The thread was like "oh fuck this price suppression, fuck the dumpers" etc etc. Kind of like for two months. So redistribution was ongoing. People though, back in feb-march of '14 thought that if they managed to sell at something like 0.002 they'd be kings... imagine when large whales started acquiring up to 0.025+ - and every single dumper lost their coins - most lost them at the first huge resistance levels which were at 0.003-0.005 where massive dumping occurred, yet the pump sucked everything out of them and continued up to stratospheric heights.
All these things reshuffled the distribution so much that most darkcoiners understood that the instamine is a non-issue. And then we had even further redistribution by the mintpal and cryptsy stored coins which were lost. Between them they must have held like 800k in their wallets, although Mintpal allowed some withdrawals for some time. The Moolah scammer probably dumped hundreds of thousands down to a price 0.0025 or something - the downward spikes from his massive dumps were shocking.
Cryptsy must have used their DRK cold wallet to dump DRKs in order to acquire BTC and LTC to pay for such withdrawals (as they claim their BTC/LTC wallets were hacked - DRK wasn't). And when people understood that it was cryptsy's DRK being sold to suppress the price, and when cryptsy run out of DRKs to dump and had to admit their BTC/LTC "hack", investors where like "ah, so that was why price was down for so long... so who is going to dump now? nobody" => hence the price spiked upwards from 0.005 to 0.017 where we are today.
So to make it clear. The likelihood that the float of Dash is significantly owned by those in the instamine and who likely owned masternodes hence thus maintaining their share of the coin supply is what in your estimation?
Well, not even Monica will claim that Bill fucked her, so.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
Oral sex.
Phone sex.
(see what I did there?)
Yeah you proved my point. Thanks. So even if he had phone sex with her, he would be lying to say he didn't have sex with that woman.
If someone told me "I had sex with this woman" and he actually meant ....virtual sex, cyber sex, phone sex, I would be like "is this guy for real?"
I would definitely consider this expression way more untruthful (and a far bigger lie) than saying "No I did not have sex with this woman".
As I said, maybe its just me that I'm seeing things this way. But I highly doubt it.
Sexual relations is a more encompassing term and thus denial of sexual relations in a bj situation is a lie.
Well, not even Monica will claim that Bill fucked her, so.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
Oral sex.
Phone sex.
(see what I did there?)
Yeah you proved my point. Thanks. So even if he had phone sex with her, he would be lying to say he didn't have sex with that woman. But in your sneaky world where intent of the questioner (analogously the n00b investor) is not considered, Clinton could only have assumed one meant vaginal or anal intercourse. Btw, Clinton said he didn't have "sexual relations with that woman".
Any way I am contented our discussion has sufficiently devolved to fart jokes so we are best buddies now at a slumber party. See the pic of me arm slung over shoulder of Evan next post (with his dick up my ass). Cheers.
Well, not even Monica will claim that Bill fucked her, so.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
Oral sex.
Phone sex.
(see what I did there?)
Well, not even Monica will claim that Bill fucked her, so.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
Oral sex.
Well, not even Monica will claim that Bill fucked her, so.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
When I hear "these two had sex", or "I had sex with the X person", I understand it to be sex, not a bj.
But that's just me I guess.
I think it's clear that Duffield at the least messed up really badly. Why at least as much is not acknowledged by AlexGR et al is puzzling.
How do you figure that I'm not acknowledging it when even Evan himself acknowledged it and proposed to fix the problem with an airdrop? The community* voted it down (I voted it down too) for several reasons, settling the issue once and for all. The rehashing of the same issue is from outsiders that have interests in defaming dark and gaining marketplace at its expense. However the act got old by now and investors saw that those who tried to gain the moral high ground against Evan and Darkcoin, simply ripped them off - and just used Darkcoin's issues to pump their selves up in order to conduct their scams and leave, while Evan is still here coding and improving Darkcoin / now DASH - which is ultimately what gives the coin its value.
* If Evan had proceeded unilaterally, we'd hear that Evan screwed everyone over and that he is a scammer for airdropping new coins that diluted coin supply (and by extension fucked investors). Now that he put the issue and final say to the community vote, we hear ..."sockpuppets".
There is nothing that he could do that can please everyone. There are all kind of angles that can be used, maliciously, where one could be termed a scammer for anything he does. That's simply the nature of the beast.
Oh blame it on the fabricated community that is beholden to the instamine which wasn't premeditated.
And we acknowledge all these deceptions because we are so upfront with our disclosures.
And don't forget to add what the definition of 'is' is. It is clear that, "you did not have sex with that woman". She was just cleaning the underside of your desk with her tongue.
I think it's clear that Duffield at the least messed up really badly. Why at least as much is not acknowledged by AlexGR et al is puzzling.
How do you figure that I'm not acknowledging it when even Evan himself acknowledged it and proposed to fix the problem with an airdrop? The community* voted it down (I voted it down too) for several reasons, settling the issue once and for all. The rehashing of the same issue is from outsiders that have interests in defaming dark and gaining marketplace at its expense. However the act got old by now and investors saw that those who tried to gain the moral high ground against Evan and Darkcoin, simply ripped them off - and just used Darkcoin's issues to pump their selves up in order to conduct their scams and leave, while Evan is still here coding and improving Darkcoin / now DASH - which is ultimately what gives the coin its value.
* If Evan had proceeded unilaterally, we'd hear that Evan screwed everyone over and that he is a scammer for airdropping new coins that diluted coin supply (and by extension fucked investors). Now that he put the issue and final say to the community vote, we hear ..."sockpuppets".
There is nothing that he could do that can please everyone. There are all kind of angles that can be used, maliciously, where one could be termed a scammer for anything he does. That's simply the nature of the beast.
...
Large tuna from the area of the Pacific I am in doesn't have statistically significant mercury. And I am eating smaller tuna (e.g. 3 kilos) which thus has no mercury.
Large tuna from the area of the Pacific I am in doesn't have statistically significant mercury. And I am eating smaller tuna (e.g. 3 kilos) which thus has no mercury.
Must be all that sweet sweet wall candy then, same diff. Heavy metal's heavy metal
Did he have deceiving/thieving/criminal intent from the get-go? I'm not sure but he's at least sloppy like Mark Karpeles.
If he didn't have anyone monitoring the debasement rate for 7 hours during the early launch phase, then he is has to be retarded. But we can clearly see he is articulate and not retarded. If some developer he was depending on flaked out on him, he should tell us who it was so we can ask that developer.
This is why I suggested dividing the list into "clearly malevolent intent" and "maybe no malevolent intent":
Even though I don't agree that applies to Evan and I don't think we can prove that applies to Mark Karpeles, so I really don't see the point. Even in the very small chance it wasn't intentional of Mark, it became intentional when he was continuing to perpetrate the crime/scam/ripping off. By making two such categories, you are saying that continuing the scam when it is obvious to you is somewhat excusable because you maybe didn't intend to get into the mess. The only perhaps excusable action is to immediately disclose the mess you've unintentionally made as soon as you realize you made it.
goverments are scams ... https://www.gwern.net/Black-market%20arrests
Be very careful. I fell into that trap over the past years and almost justified some shady ideas because "the entire system is scam". That is sliding into a criminal mindset and forsaking any ethical backbone. With that attitude, we all steal from each other and end up in a clusterfuck Dark Age. Step back from the ledge before it is too late and recover the ethics you learned as a child perhaps from your grandparents who came from the honorable generation before the boomers (assuming you are my age or older).Well thought, but I think you are operating under the assumption of moral relativism -- the idea that we can't know right and wrong via logic/rationality... but we can. It's called Natural Law, based on the non-aggression principle, or simply the understanding of "do no harm".
What did I write that was different from advocating non-aggression
I think you are going to be suprised how much the world changes towards coordinated government action across the G20 and beyond. There is a massive contagion underway that will really kick into high gear in 2018.
I think you will find that totalitarianism will increase for many years before it finally implodes around 2033. I think this will mean the governments will join together and double-down on boots on throats. I would not want to have your attitude.
I think you will find that totalitarianism will increase for many years before it finally implodes around 2033. I think this will mean the governments will join together and double-down on boots on throats. I would not want to have your attitude.
Why 2033? Does the timeframe "2025-2033" suggest anything to you?
2025 - 2033 will be the final collapse of the West as it finally abandons socialism and by 2033 the financial center of the world will have completed its shift to Asia. This is Armstrong's model.
The USA is fucked up and it will need to break up into separate regions where those who have shared values can congregate. There are big changes coming to world accelerating as of 2018.
You mean as of 2016! Major changes in the fall this year, I'd say. By 2018 things will be so different it's hardly imaginable. I'd also say that Europe is more fucked (being destroyed faster) than the USA.
See these:
https://www.armstrongeconomics.com/world-news/why-europe-is-failing-the-difference-between-eu-usa/
https://www.armstrongeconomics.com/future-forecasts/political-change-in-2020-or-2016/
Please forgive me for my slow responses today, as I can barely see. I gorged on pizza last night (delicious like coming upon an oasis in the desert after eating oatmeal & broccoli for weeks) and made me nearly blind this morning. I really need to stick with my strict diet. i am squinting and everything is so incredibly blurry.
(Also tuna often has high methylmercury)
Large tuna from the area of the Pacific I am in doesn't have statistically significant mercury. And I am eating smaller tuna (e.g. 3 kilos) which thus has no mercury.
Evan Madoffield's Curriculum Vitae
- Instamined 1.5 million coins in 8 hours. (The absolute scum of the earth thinks that his currency will get mainstream adoption yet, in the face of relaunching the chain because of a damage caused by a "bug", he relies on a few bagholders to make the decision. And the decision is NO, because guess fucking what ? 1.5M coins in his pockets.)
- Reduced the supply from 80M to 20M, making his bags 4x more valuable
- Implemented masternodes so he could put the instamine to work by taking a chunk from the miners' pockets
- Created the Darkcoin foundation so he can milk coins from people that think it actually means anything. 100 Dash per Lifetime Subscription. (Where did that go ? lol)
- Rebranded a few times so he could gain new investors.
- Implemented a decentralized budgeting system that works this way: A proposal is created, newbies vote it with their few masternodes and Evan and Otoh come with 1500-2500 of their own to own the majority. Some of the proposals are really interesting, like : Up to 5000USD for a wordpress website that could be purchased from "themeforest" with 50$, 5500USD for Public Awareness Campaign (huh ?), 3000 USD for the Core Team, because nobody wants to touch their masternode profits
And this shit is only the beginning. Wait till he comes with Evolution.
"DashDrive – A decentralized shared file system that lives on the second tier network."
He will probably create a new token for it that will be either instamined again or just ICO'd. I can almost bet my house on this. This malevolent/grotesque/fraudulent human being is on a mission to acquire as much money as he can get before sailing into the sunset. And it will happen soon.
- Instamined 1.5 million coins in 8 hours. (The absolute scum of the earth thinks that his currency will get mainstream adoption yet, in the face of relaunching the chain because of a damage caused by a "bug", he relies on a few bagholders to make the decision. And the decision is NO, because guess fucking what ? 1.5M coins in his pockets.)
- Reduced the supply from 80M to 20M, making his bags 4x more valuable
- Implemented masternodes so he could put the instamine to work by taking a chunk from the miners' pockets
- Created the Darkcoin foundation so he can milk coins from people that think it actually means anything. 100 Dash per Lifetime Subscription. (Where did that go ? lol)
- Rebranded a few times so he could gain new investors.
- Implemented a decentralized budgeting system that works this way: A proposal is created, newbies vote it with their few masternodes and Evan and Otoh come with 1500-2500 of their own to own the majority. Some of the proposals are really interesting, like : Up to 5000USD for a wordpress website that could be purchased from "themeforest" with 50$, 5500USD for Public Awareness Campaign (huh ?), 3000 USD for the Core Team, because nobody wants to touch their masternode profits
And this shit is only the beginning. Wait till he comes with Evolution.
"DashDrive – A decentralized shared file system that lives on the second tier network."
He will probably create a new token for it that will be either instamined again or just ICO'd. I can almost bet my house on this. This malevolent/grotesque/fraudulent human being is on a mission to acquire as much money as he can get before sailing into the sunset. And it will happen soon.
Could you two perhaps take your shitcoin shit slinging contest somewhere else perhaps? Just a suggestion.
It is actually not about a "shitcoin" and its merits, but about libelous accusations against an individual. As AlexGR eloquently explained, it is not about Dish, but about Evan Duffield the more or less public individual. The question raised is, whether Evan Duffield is a "piece of shit" or not.
The purpose of this thread is to establish a pillory, which can be problematic in itself, but the OP seems to be open and fair and allow discussions, which I applaud, because otherwise it would turn into a mudslinging contest. In german we call that "Rufmord", which Google translates as "character assassination", which is a criminal offense where I come from. TBTP is intelligent and his accusations have a superficial plausability, though no falsifiability, hence they remain claims. It`s malevolent "in dubio contra reo". Those allegations have to be countered out of sheer sense of fairness, which is what AlexGR is doing with remarkable patience and grace.
I think it's clear that Duffield at the least messed up really badly. Why at least as much is not acknowledged by AlexGR et al is puzzling. Did he have deceiving/thieving/criminal intent from the get-go? I'm not sure but he's at least sloppy like Mark Karpeles. This is why I suggested dividing the list into "clearly malevolent intent" and "maybe no malevolent intent":
Wow Gleb, this is amazing work! Thank you for this effort.
Could you perhaps add a section about the major anonymous ones who deserve to be on the list even though we don't know their identity? We (you!) might still somehow unmask them at some point.
Would it also perhaps be most fair to add something like "[maybe no malicious intent]" next to some of them who don't seem to have had the intention of scamming? It might piss people off to see that next to Mark Karpeles, but fairness is fairness. There's a difference between being a "piece of shit" and a "complete idiot".
Could you perhaps add a section about the major anonymous ones who deserve to be on the list even though we don't know their identity? We (you!) might still somehow unmask them at some point.
Would it also perhaps be most fair to add something like "[maybe no malicious intent]" next to some of them who don't seem to have had the intention of scamming? It might piss people off to see that next to Mark Karpeles, but fairness is fairness. There's a difference between being a "piece of shit" and a "complete idiot".
goverments are scams ... https://www.gwern.net/Black-market%20arrests
Be very careful. I fell into that trap over the past years and almost justified some shady ideas because "the entire system is scam". That is sliding into a criminal mindset and forsaking any ethical backbone. With that attitude, we all steal from each other and end up in a clusterfuck Dark Age. Step back from the ledge before it is too late and recover the ethics you learned as a child perhaps from your grandparents who came from the honorable generation before the boomers (assuming you are my age or older).Well thought, but I think you are operating under the assumption of moral relativism -- the idea that we can't know right and wrong via logic/rationality... but we can. It's called Natural Law, based on the non-aggression principle, or simply the understanding of "do no harm". Perhaps you have given your permission to be ruled/governed by someone else, but neither you nor anyone else could've had the right to dictate that others should be ruled/governed by someone else (i.e. you cannot delegate a right you do not have).
I think you are going to be suprised how much the world changes towards coordinated government action across the G20 and beyond. There is a massive contagion underway that will really kick into high gear in 2018.
I think you will find that totalitarianism will increase for many years before it finally implodes around 2033. I think this will mean the governments will join together and double-down on boots on throats. I would not want to have your attitude.
But moreover, I would not want your sleazy ethics. We are supposed to be helping humanity here, not making schemes that deceive n00bs. Come on you know the "no victims" diversion is an attempt to be unethical. Instead make a plan to deceive the bastards who are abusing us, which can empower the n00bs. That is what I am doing.
I think you will find that totalitarianism will increase for many years before it finally implodes around 2033. I think this will mean the governments will join together and double-down on boots on throats. I would not want to have your attitude.
But moreover, I would not want your sleazy ethics. We are supposed to be helping humanity here, not making schemes that deceive n00bs. Come on you know the "no victims" diversion is an attempt to be unethical. Instead make a plan to deceive the bastards who are abusing us, which can empower the n00bs. That is what I am doing.
Why 2033? Does the timeframe "2025-2033" suggest anything to you?
Please forgive me for my slow responses today, as I can barely see. I gorged on pizza last night (delicious like coming upon an oasis in the desert after eating oatmeal & broccoli for weeks) and made me nearly blind this morning. I really need to stick with my strict diet. i am squinting and everything is so incredibly blurry.
May I suggest grounding yourself? (Also tuna often has high methylmercury)
Outdated information of course!
Classic. A troll who trolls himself. Lol.
^^It uses royal plural
We've been trolled by the Communist brigade < snip >
^^It uses royal plural
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