Topic: [POLL] !!!!STEEM is it a SCAM !!!!- or only honestly unfair??? you decide. - page 3. (Read 9414 times)

Yeah the only thing is with this idea.

If fairsteem became the accepted fork or version and people supported it over steem (which they would) then the devs are now faced with a problem. They would be best to take the 1% and either dump and start a new idea or join fair steem.

Lesson learned no more Honestly unfair releases. Just honestly fair from now on.

Devs can be rewarded of course. 1% or even 3% of total minting perhaps even more if held by escrows and full ledger of expenses.  No more we take as much as we like and do what we want and either don't tell you or we do tell you and say tough luck. Sorry that is not acceptable at all. All those giving this type of scheme the benefit of the doubt are in fact enabling not only this scam but future scams of the same ilk. Soon we'll have a load of xcoin launches on our hands with the disclaimer - sorry its all so unfair now. It's the governments fault we are powerless to stop the unfairness they are forcing us to inflict upon you. But don't worry we are being honest so you have nothing to complain about.

It's not going to cost miners much to slap a few cpu's on it at the start just to get the distribution magnitudes wider than it is now. I have no idea if it holds anything interesting or new about it at all. That to me is neither here nor there... if it is not fair it needs to be crushed and restarted.

Often i notice things that look like they are non starters are allowed to slip along with unfair starts....they look unattractive , pointless etc etc. Then when the devs have all the coins they suddenly start doing them up and building the value. This eclipse dev seems to think it is worth destroying his reputation and eclipse crypto over. So perhaps there is something of value here. Unless he's a full on maniac who just wants steem tokens with no underlying reason. I don't really know. Smooth seems less opposed to it that i expected considering this is a full on xcoin launch claiming no instamine and no premine (like xcoin) but then saying  we will mine it all up.  I'm glad he is coming down with scammish and unfair at least.

On a scale of 1-10 with dash being 10 this to me is a 9 in disgusting tactics. 10 is the worst of course.

This vesting and the cost to vest increasing (although i have not looked into it fully) seems almost as bad as masternodes and minting slashing.

No matter how much you have or how interesting it is. scam is scam, unfair is unfair. Unfair is not essentially scam but it is not much of an improvement and should be treated the same way.

The only thing I'd suggest is that cloning a coin to teach scammers a lesson is scamming the investors out of a legitimate technology if that technology is pointless or the technology already exist in a more developed or more technology sound manner.

Just sayin'

Though I think more than a few people would like to teach scammers a lesson and it isn't a bad sales pitch--I'd probably buy a few undash if they were removed of the masterscam nodes.

It smells of xcoin / darkcoin to me.

I don't like honestly unfair much more than I like full scam.


I'm not sure if it is worth cloning or not. I only would like to see it done so it would teach them a lesson for being so honestly UNFAIR.

How long to copy and paste it is what I am wondering?

fair steem has a ring to it. We could even be reasonable honest and fair and give them a 1% chunk premined for their hard work of developing it -  make it nice and fair.

Sorry though it will be an announced launch with windows qt so the entire community can have a honestly fair crack at it. We'll honestly announce 1% premine and give it to these honest folk for taking the time to create it.

There's a lot of work in it, and it isn't just hodlshares. The white paper is 42 pages of meaningful content (though not mathematically dense or anything). It's only available on their slack I think, but their slack is public.

That's my vote

I don't like the "NO PREMINE" etc. crap. That is trying to sell itself as "fair", which is dishonest in spirit even if not literally. They should have just owned it: "NO FAIRNESS"

I think the simpler question is: Does it do anything worth cloning?

Also, can one of the options be scammish? As it really depends on you not understanding what they are saying, though "no premine" is the type of truth in advertising I expect from some of the other BS artists in the alt section--so probably scam, though one of the most honest scams out there.

That is what they said.


That's a bit absurd and sleazy I agree.


I don't see how they hid that. They said they were doing it and literally anyone who ran a node saw constant messages every few seconds saying "steemit42" or "steemit17" or whatever mined a block. How was this hidden?


Change? They never claimed anything else.

for me it is a scam.

1. if they just said at the start we are going to mine a ton of it and keep and vest it for ourselves and if you want to be a mug and mine some you can. then it would just be very unfair.

Rather they put no instamine no premine - suggesting fairness but then shafting everyone.

2. why try to hide they were mining on 100 different wallets? another sign of dishonesty.

3. they then come out with some excuse that they are made to do it like this because it is more legal to perform a captive instamine than a premine.


I voted scam after thinking it over for a while.

Hopefully  a dev will be coming forward to clone it with a fair start for everyone very soon.

Has much work gone into this? I can not tell?

Has someone just mated hodl with bitshares?

To clone this how much work for a developer at this time?

It kind of reminds me of the sign on the top of some slot machines that says 97% payback. I.e. we are taking 3% of your money everytime you play if you sit here. It's a scam, but it's an 'honest scam', and people sit there anyway. Humans...

Isn't honestly-unfair just another terminology for BS? Here, we created a lottery that only lottery employees can win, do you want to buy a ticket?

I can't imagine anyone in their right mind would fall for this, but my guess is some people just skim over most of the media and arrive at their own conclusions--maybe they should have a disclaimer: all misreadings are the sole responsibility of the reader as we've stated that we are going to mine the shit out of it and not let you have any meaningful portion of control--suck it, idiot! Which the naïve or greedy miner reads as Don't misread, our sole responsibility is to the miner, whom we plan on giving a shit-ton to and letting have total control--scam coins suck and are run by idiots!.

My post that got deleted from relaunch thread:
[/quote]

Saying they were trying to "cover the fact" that they were mining a lot seems wrong since they said they were doing it (see below), and although they had lots of different miner names, the names were mostly of the form steamit99. It wasn't hidden at all.

Post #3 on the thread:


Those were all highly visible, as the code displayed the name of every miner when they solved a block (this has apparently since been turned off). It was easy to see they were mining most of the blocks.

You have to take Eclipse Dev's comments in the right context. I think he was both FUDding to discourage participation and just plain trolling.


There are indeed 19 elected witnesses. Fair enough to assume those are all rigged. However, in addition there is one witness slot that will continue to use pure PoW mining and one that will be round-robin chosen from all configured witnesses (that don't get elected)

So there will continue to be a small slice of coins distributed to outsiders. Is that enough to matter? Maybe, maybe not. You decide.

unfair is not much better than scam....the difference with a scam is you usually only discover it is unfair after the fact. In this case you are told it is unfair from the start although just how unfair was not discovered until eclipse crypto dev pointed it out.. Although why they have put no premine and no instamine ....nobody reasonably examining it would agree with that. Especially as eclipse dev proved they had 100 miners on it mining to different addresses to cover the fact they were instamining as hard as they could with as little competition as they could. I mean they even later on admit they are instamining it all because they claim it is illegal to have a premine.

The biggest slime ball in that thread is the eclipse crypto dev. He essentially is now a known scammer and liar. The fact he is actually wanting to be a witness now is totally weird. After all he said. I mean he actually thinks getting a portion of this coin is worth ruining his entire coins reputation over? I feel sorry for anyone invested in eclipse.

Eclipse should be crushed now after this. I would not be investing with a coin that has a dev like that.

Steem needs to be cloned and given a fair launch. I'm sure that will happen soon.

That's the issue with open source. You create something and if you don't launch it fairly your project is just branded a scam. Then others can clone it and keep it scam free.

Xcoin got away with it a bit up until now since they kept it closed source long enough to build a good head start. These steeming unfair devs will not have that luxury I hope.

I agree. "Honestly unfair" LOL.

It is one of he most interesting not-quite-sure-if-this-is-a-scam coins ever.

Is it a scam if they basically tell you up front they are scamming you?

Tricky and interesting.

I'm very sad to hear that you're not the caring type.

Even so. If you go back and read the thread through you will notice that is not the main issue here.

Please try again.

I will quiz you if you post here again to check you have read and fully understood the level of underhanded methods this dev has tried to not only mine most of the coins himself but to conceal the facts too.

If you were not too lazy to read through what I have posted you will notice that I did not discover this scam myself it was discovered by the eclipse crypto dev.

I dont really care about this coin or your thoughts on it

BUT

I think its lazy that you cannot cook your own damn wallet. You are more secure if you actually look at the source code of what you are running and learn a little about how it works. Running precompiled bin's that solely deal with something of 'worth' is butt fucking retarded. Get off your ass, compile your own bins.

Still unfolding it seems.

Exactly

But this time I didn't even compile that big list. The eclipse crypto dev did. But now he has had a change of heart it would seem and it's not a scam after all now that he has some

Lol, new coin most likely= scam.  Don't even have to read that whole thing you compiled, but you are very thorough.  Unless a new coin has features that make it better than all the other coins that are already on the market, said coin has no reason to exist.

a source code with no build instructions i heard...??

also incomplete mining instructions

You got a problem with that ?

Did you miss the bit where it has to be reset if you did manage to mine too much??

Still how are you sure it's a scam? maybe just honestly unfair?? haha

I think we need to be sure it is a scam before we brand it as one. I must say though....looks like, smells like, walks like.....


Can I interest you in some steem tokens perhaps....freshly mined still steeming....?