Topic: Piece of Shit Bitcoiners et al. Hall of Fame - page 8. (Read 15869 times)

Because first of all no one involved with Monero now (which is a fork of the coin that was coded as a scam, from which the crippled code was quickly removed, limiting its impact to a few percent at most, unlike Dash's 30% instamine) had anything to do with it, unlike Dash where Evan and most of the instaminers are still out there shilling it today.

I don't know if that guy lost money but clearly there are many people have been scammed by Dash and have lost money, most notably those who bought on the initial pump up to about 0.0267, a price which has not been reached since, but also on later pumps.

3. Did that guy lose any money, or more specifically did Evan rip him off in some way?

If he bought post-launch, he bought at 0.000025 per BTC. Price in mid April 2014 was around 100 times as much. If he waited a few more days, his money would be another 5x at least (500x). Where did he lose money? How did Evan rip him off? I call bullshit.

Why don't you take a look at your Monero which WAS CODED INTENTIONALLY AS A SCAM with an INTENTIONALLY CRIPPLED MINING CODE, so that some SCAMMERS could mine multiple times what naive miners were mining.

I'm seeing all sorts of stuff happening in the charts all at once, which is a great sign when you see a bunch of bullish formations at once. This is how I used to day trade for my firm back in the day. The general idea here is you go from the shortest time period, then you walk out to the longest. If you see bullish or bearish signals in all of the charts at once, it's quite meaningful. Here's what I'm seeing:

On the really short term chart, there's a triple top:



Moving averages are crossing as we speak, so momentum is changing from negative to positive:


If you step out a bit, It looks like we're going to cross in a couple days, for a much more meaningful MA


If we break above 0.011, I believe this was a false breakdown


When trading, there's also a couple other things to consider:
- The order book on the buy side, which is quite nice.
- Then there's the fundamental side for the trade (https://www.youtube.com/watch?v=0GACaNvBlwc, The budget system and governance system? Plus everything we're about to do)
 
Away, that was fun.... back to coding

I'll start of by saying that I am neither a dev nor a core-team member. Perhaps my "role" is better described as contributor.

Anyway, like I stated upthread at least one person missed the launch due to Evan Duffield launching earlier than he said he would. That should be considered as someone (in)directly being "ripped off" in my opinion (or scammed). Furthermore, for every poster there might be 10-20 readers who experienced the same thing. He also confirms that he'll try again next week. That probably resulted in some people getting caught off guard regarding the launch. In addition, there were no Windows binaries available, which arguably represents a great part of users. However, he was apparently willing to throw 5k DASH at it. See

Your pump and dump dance would probably be more effective if you were less transparently dishonest in your approach.

From what I can tell the only purpose DarkCoin serves is to depress me about the state of humanity.

I don't know about you, but when I went to grad school they told me I had to provide evidence and documentation to support statements like this, but maybe you missed that day?

P.S. Here's a question that none of you trolls have ever been able to answer: If Evan "clearly" planned the early emission problems and mined tons of Dash early on, then why is he still working on the project? The price of Dash exceeded $11 each in May 2014...if Evan deliberately planned some elaborate scam, then why didn't he sell everything in May 2014 and just disappear, like so many other coin developers have done?

If Dash's instamine was a deliberate scam executed by Evan, WHY is he still working full time developing the coin?

Why?

The official story about the instamine: https://dashdot.io/alpha/?page_id=118
Evan Duffield:“The instamine happened, there is no one disputing that fact. The crypto-community at large has no problem with this except a few who think it’s trying to be hidden in some way. In fact, I posted multiple times about the instamine, first in “The Birth Of Darkcoin” which is an account of the first few weeks of the launch and the mistakes that were made. Recently I also posted spoke about the Instamine in the video “Virtual Corporation”, which considers the concept that it might have been key to Dash’s success, which I believe now. It’s also important to note, I was working a very challenging day job while working on Dash in the first couple weeks. So I was putting out fires every night, keeping tabs on Dash during the day (while getting yelled at by my boss when he caught me a couple times). Eventually I quit when I got Dash stable enough to work on full time and decided I really wanted to explore what I could do with it. “

----------------------------------------------------

The evidence shows that it was a planned instamine. This wasn't mentioned before launch.
The features of this coin were also not public at launch.
=> Nobody was really interested in the coin at launch, making this instamine more a kind of "stealth launched premine".
In my books, that's a scam.

Please don't ignore the facts:

2013-12-29: 2 guys from Hawk Financial Group, Evan & Kyle, are asking on the Bitcoin Dev mailing list for "1 or 2 really good C++ programmer that is familiar with the bitcoin internals to help with a for-profit startup". They are planning to build a unique coin that is "not just a clone of the original Bitcoin code" but in stead "a merge-mined altcoin that will provide a very useful service to the whole crypto-coin ecosystem". They claim to have "detailed plans on how to implement it".

2014-01-18 There were some issues at launch, so Evan said he would postpone the launch and would "definitely not" launch it in the next hours. But he did launch it a few hours later.

2014-01-19 Xcoin was launched.
This was the emission in the first 72 hours of the coins existence:

This was the emission of the first 100 days:

At the moment, there are about 6 million DASH in circulation. There would be 84 million Xcoins eventually.
Note that in the first hour, 500k Xcoins were mined. Due to the "quick fix" of the bug, not many people expected to launch a few hours after Evan said he would "definitely not" launch in the next hours.

2014-01-19 Right after the launch, there were problems with the windows binaries. Evan clearly was mining right from the start, as he offered 5000 Xcoin as a bounty for compiling the binaries.

2014-01-20 After the emission of almost 2 million coins, Evan said that "now that everything is stable, I'll be posting later about the vision of this project and milestones!". Up until this point, only the "X11 hashing algoritm" was a known feature. According to him, it was "time to move on to actually implementing what I set out to do".

2014-01-22 Evan releases his plans for XCoin. At this point, more than 2 million coins were mined.

Xcoin rebranded to Darkcoin and eventually to DASH later on.

---

Later on, some contradictions surfaced:

* The emission schedule changed multiple times. The latest we heard is that the number of coins would be somewhere between 14 million and like 16 million DASH.
* Evan said that this project was just a hobby he started while working on a full time job and coded Xcoin in a weekend.
* Evan claims there were hundreds of miners if not thousands when Xcoin launched. Recent investigation showed that there were 124 IP addreses that were mining at the start. 115 of those addresses where Cloudhosting and Dedicated Servers, 9 of them seem to be private/early adopters. 106 of them were at Amazon AWS and Microsoft Azure cloud instances.
 
---

Conclusions:
*Evan isn't acting alone, he had/has a team behind him right from the start. It wasn't a hobby. he had a plan to make a profit.
*Evan had plans for his coin right from the start, but didn't release them until after the instamine
*1.5 million coins were mined in the first 8 hours. Most of these coin ended up in his (and his friends) hands. It's very likely the 500k in the first hour were only mined by him with cloudhosting services.
*He lowered the emission later on, to make his relative share of coins bigger.

How can this be all an accident (like Evan is always saying) and NOT be intentional?

FACT:
>Evan was looking for c++ devs for a "for profit startup" at the end of 2013 for the launch of an altcoin.
QUESTION:
>How can you make a profit by launching an altcoin (and be sure to be able to pay your devs)?
ANSWER:
>by premining and/or instamining.

How he did it is pretty easy:
*telling people the release would definitely not be in the next couple of hours and after that do launch it a few hours later
*buggy windows binaries
*a "code error" creating 500k coins in the first hour, >1.5 million in the first 8 hours.



=> DASH was clearly a planned instamine (and thus a scam)

Did you forget this?

You can see the explorerer here if you follow it for the first day you'll see that most block are 500 reward but some like block 3061 end up shelling out 40K+ coins.

Debruyne, Smooth, Icebreaker... the monero dream team came here, out of pure altruism, to show the world how big of a scammer eduffield is...

How about some actual victims where Evan took their money. Oh you have none... I see... So the only thing we have is butthurt altcoin competitors, trying to destroy the functionality of a thread that is intended for a very specific and very important purpose, down to the level of an altcoin mud contest-thread.

Great find!  I hope that victim of the Dash scam has contacted the appropriate LEA and regulatory bodies.

So much for the DashHoles' 'absence of evidence is evidence of absence' defense!

These cultist fucktards don't even understand basic logic.

https://en.wikipedia.org/wiki/Denying_the_antecedent


P.S.  Anyone know how many Masternodes Cryptsy is/was running with their customers' coins?

There are TLAs pulling at the string of their Paycoin Master Controller scam (which is basically the same thing), so I expect the rest of the sweater will unravel eventually....

This IS Monero related.


The above was posted by known Monero troll Icebreaker, on the DASH thread. Otherwise I would be totally oblivious to the existence of this thread.

TPTB has confessed a few months ago that Smooth (a Monero dev) talked to him about DASH (obviously in a negative light) and ever since he has been used as a proxy-critic.

It is not surprising that he believed Smooth's lies, such as "ohhh Evan cut the coins down", when in fact that was a temp glitch from the code changes, and was set back up to a variable number that could even exceed the initial 84mn coins (it would depend based on difficulty). The final cut in supply was NOT Duffield's decision. Duffield came into the thread, he gave us the poll and we voted on it on whether we wanted lower or higher supply. The same happened with the instamine trolling back in march 2014/april 2014, when we got a similar poll regarding how to fix the instamine distribution and we, as users, rejected the proposed airdrop because there was already sufficient redistribution by that time.

@AlexGR, don't try to derail the discussion to anything Monero related. Smooth and I might be Monero proponents, but TPTB_need_war who started this discussion isn't invested in Monero at all.

This might have something to do with it.

You are the only fair and balanced Monero Dev I am aware of, so what`s your take on the "concrete evidence" regarding the accusations that Evan has scammed anyone? Do you think he should be on that list?

Any chance you could upload that windows client exe? I'd be willing to throw 5k XCO at you. Just make sure it's the latest source from github

Even if disclosure were made now, there have been two years of deception, obfuscation, and spin (not only by Evan but by the other useful idiots like AlexGR who, assuming no more explicit involvement, got in early and allowed themselves to be recruited by their own greed as accomplices). That can't be erased from history any more than MtGox would cease to be a scam if Karpeles showed up and told us the missing coins, that he misled people about for possibly years, was all just a big accident.

Anyone who bought Dash on the basis, in whole or part, of misleading statements from Evan or the others and then lost money has been scammed.

Thus a correction is needed:

It’s also important to note, I was working a very challenging day job while working on Dash in the first couple weeks. So I was putting out fires every night, keeping tabs on Dash during the day (while getting yelled at by my boss when he caught me a couple times). Eventually I quit when I got Dash stable enough to work on full time and decided I really wanted to explore what I could do with it. “

3) Evan’s point in the above video is that, without the instamine Dash would not have captured the interest of it’s Founders.

Dash Early Distribution

Dash was buggy at the beginning

Even if disclosure were made now, there have been two years of deception, obfuscation, and spin (not only by Evan but by the other useful idiots like AlexGR who, assuming no more explicit involvement, got in early and allowed themselves to be recruited by their own greed as accomplices). That can't be erased from history any more than MtGox would cease to be a scam if Karpeles showed up and told us the missing coins, that he misled people about for possibly years, was all just a big accident.

Anyone who bought Dash on the basis, in whole or part, of misleading statements from Evan or the others and then lost money has been scammed.

Thus a correction is needed:

What evan did was;

1) Released Darkcoin/Dash
2) Put the block reward at 500 coins per block
3) Make it only available to the extremely small pool of linux users(So his buddies and himself could get the majority of coins)
4) Instamine darkcoin with a few of his buddies
5) Cut Darkcoin's block rewards over 50% from 500 to under 100
6) Cut Darkcoin's max coin supply by 50%
7) End the instamine within 40 hours and go on his merry way

What makes that even worse, was that he made the masternodes as a way to continue enriching himself, so he could gain even more $ from the coins he instamined. Within 40 hours over 2million Darkcoins were mined by Evan and a few others at darkcoins/DASH's release.

If this isnt a scam, then I dont know what is.

Good news everyone!

A whistleblower has emerged from within the Dark-Coin scam.

This insider, vertoe, was a core dev and thus in a position to speak with authority on specifics of the scam:

Even if disclosure were made now, there have been two years of deception, obfuscation, and spin (not only by Evan but by the other useful idiots like AlexGR who, assuming no more explicit involvement, got in early and allowed themselves to be recruited by their own greed as accomplices). That can't be erased from history any more than MtGox would cease to be a scam if Karpeles showed up and told us the missing coins, that he misled people about for possibly years, was all just a big accident.

Anyone who bought Dash on the basis, in whole or part, of misleading statements from Evan or the others and then lost money has been scammed.

Thus a correction is needed:

I just don't see how pretending to not have committed scams can be tolerated. It would be different if Evan stopped lying about intentionally doing the instamine instead of claiming it was an accident which I have explained is implausible because every lead developer will be monitoring his coin carefully on launch to see the coins are being issued at the correct rate. It doesn't take hours to make that determination.

Until Evan makes FULL DISCLOSURE of the truth, then he is scammer. There is no other valid sentiment.

Evan Duffield, along with AlexGR and the rest of the Dash shills who continue to scam investors (DASH)