Topic: [POLL] Does EVAN DUFFIELD regret instamining DRK/DASH at 100x emission? - page 5. (Read 31431 times)

Again you are stating as fact that the coins were "distributed among the community". It isn't fact, it is speculation or opinion. Nor is it a "fact" that the instamine was accidental, although you certainly may believe it.

What is a fact is that we know that one person (an insider) now owns 11% of all the coins in circulation  (almost a third of the instamine), which were either instamined directly or purchased directly from someone who did, and not out of broader "distribution".  At best, "some" of the coins were distributed. But neither you know nor anyone else knows how many, to whom, and where those coins are now.


Adam is right that it is totally off topic and another diversionary tactic to draw attention away from Dash's instamine, but since you asked

https://forum.getmonero.org/20/general-discussion/211/history-of-monero

which shows a graph of the early mining hash rates, the optimizations that were done, and has specific links to more details.

Now compare that with this

https://dashtalk.org/threads/the-birth-of-darkcoin.162/

which has no graphs or numbers or specifics at all. There are no links to original sources. It doesn't even acknowledge that 500K+ coins were mined in an hour or almost 2 million in a day. It just says "but none of us realized the amount of coins that had been issued at the time" which is at best a half truth (and probably not even that since you can easily see the coin supply from the node directly, you don't need a block explorer), since at the very least people knew how many coins they had themselves mined, and it was a lot.

There it is again, Monero. Do you know for a fact that I support monero? Where did you get this information or are you just making assumptions?

It sounds like you're running out of arguments and trying to steer the topic to another coin. If XMR is a scam, start another thread about it.

Plenty of people care about the massive, intentional instamine. you must be stupid if you've looked at all the facts including the rushed launch, Evan's deceptive comments about the launch time, lack of windows wallet and still believe it was just a "bug"  

Just checked...if Dash should include pre-history and early mistakes in the ANN thread, why don't you create a thread campaigning for Monero to do the same?

Not a word about the Monero launch problems or early history in the XMR ANN thread

I'm only apologizing for it because I have seen no reason to believe that it is a scam. I had had closer access than most to the dev team and early members of the Darkcoin community and I personally do not believe for a second that there was any deliberate effort to profit by a deliberate instamine.

I don't understand how not including the fact that a large number of coins were accidentally mined and then distributed among the community at incredibly cheap prices on the ANN thread is deceptive?  Dash don't need to publicise the launch problems...You and various XMR supporters are doing it for them! 

Does XMR have something in the ANN thread covering off its early history and launch problems? 

From where I stand (ex DRK bag holder, now working on other coins), nobody apart from the people starting these threads seem to care.  The Dash supporters who respond to you just find your devotion to spreading unprovable information hilarious.

How would someone new to crypto know about the instamine?  It's not like it's written anywhere on the Bitcointalk ANN thread, or anywhere on the website. No, a watered down version of what happened is on a shitty wiki site barely anyone visits.

It's deceptive at best, and a blatant attempt to continue deceiving people into buying into the scam (which for some reason you keep apologizing for)

You're correct, if anybody is denying the instamine then they probably do need some sort of help.

Its impossible for me to view Dash from the perspective of an outside investor because I know too many individuals on the dev team and foundation to form an impartial opinion.

The instamine is proven. It's the scam part that's opinion/conjecture and part of what the poll asks.

And if you think whether a coin is a scam or not is stupid, then you aren't seeing it from the viewpoint of a potential investor.

Proof please.

I'm not trolling.  I would like you to provide some proof that Dash is a proven instamine scam.  If you provide some proof then this stupid debate can be put to bed.

Funny!   

But for real this instamine should be considered illegal and Even should rot in jail with Charlie for what he did.

He forgot to add that the "Easy Mine" is limited to one hour

No, just one person actually. The rest are sockpuppets 

only 158 people in alts?

Dash is a proven instamine scam where the dev proudly proclaimed "NO PREMINE" in the thread title and then proceeded to instamine 575,500 coins in the first hour, then tried to convince everyone it was due to "bug".

Once the instamine scammers had their fill, they decreased emission from 500 to 5 and lowered total supply from 80 million to 20 million.

Of course, you already knew all this. You're just a scam apologist troll

If it were launch difficulties, I would agree. But mining 575,000 coins in an hour, over 1,500,000 in less 8 hours, isn't difficulties; it's an instamine. Which brings two problems PR and centralization.

The PR problem is simple. Many will not touch an investment that they think had shady beginnings or continues to have someone associated with those shady beginnings at the helm. Dash will always have the same sort of stigma attached to it as baseball players from the Black Sox or home run hitters who needed to juice to pump their numbers (Sosa, McGwire, ect.). The media will have a field day with this issue if Dash ever saw a tenth of Bitcoin's marketcap as will supporters of other coins as long as the coin exist.

The centralization problem centers on the fact that over 35% of the current emission was mined in the first two days. Many will claim that it was cheap and therefore redistributed, but anyone could also claim that these were instaminers moving funds in an attempt to sell the idea of a fair redistribution later--no one in fact can claim either is true, so it's a gut call--but what really hinders dash here is that many investors are not going to buy the story that the coin mistakenly mined 35% of the current value, didn't relaunch fairly when it seemed in their best interest to do so if they wanted to maintain a clean record, but later sold their coins on the cheap as so the coin could be fairly distributed. That's very far fetched when they could have had a provable fair launch and gotten rid of the instamine label in one shot--either Evan is stupid or he thinks there are enough stupid people out there to accept this story. My guess is that Evan isn't stupid.

Let me say it in a troll friendly way then:

Dash is a high risk investment like any altcoin.  However, if it implodes, it won't be because of the evidence-less allegations of a fraudulent launch. 

"Difficulties" - that's putting it mildly 

Dash is a high risk investment like any altcoin.  However, if it implodes, it won't be because of the launch difficulties.

I'm just surprised he didn't accuse you of being Smooth. The exchange of 757 coins as proof that the coin was fairly redistributed is a nice touch. He had to have pulled at least 9-Gs with that spin. Maybe he can get a job as a Fast and Furious stuntman after dash implodes. 

racist? Just because comical Ali here (the guy who was explaining there were no Americans in Iraq when they were practically shooting him in the back) has a brownish colour I am racist? Nice arguments, yet again...

And FUD??? Djeezes dude, accept the graph and thus the facts, there obviously was an insta/pre/whatevermine... Ah well, why even bother, go ahead and buy/mine the damn coin...

Sockpuppet account not only fudder but racist too.

Really nice