Topic: PROOF that XSPEC is a SCAM - page 5. (Read 2595 times)

At one point he said (in Slack) that he doesn't have a huge amount of XSPEC. Apparently he had if he could sell some of his coins to buy flight tickets?

This is a well executed job.Thanks for this exposure at least a lot of money will be saved from this scamming project. Keep it up .

On Saturday they promised to run 1.4 version of the wallet within 48 hours.

Today JPG wrote that the update is postponed indefinitely, to which he can not say at the moment, and even can not say when he will be able to say when this will happen approximately) But, he mentioned that it is definitely not during this week he will say something, because he needs somewhere to fly on family business ... it remains to hope that this is really not just an excuse for "grandmother died."

BUT THIS IS NOT THE MOST SUSPICIOUS THING!

The most suspicious thing is that he bluntly stated - for the flight he will need money and, accordingly, HE IS FORCED TO SELL A PART OF COINS.

The sale may have happend when the XSPEC  updated a monthly minimum of 0.62$ (approximately)

But the question is different: if he has coins that can be used for personal purposes, for flights, vacations, etc. why all the time to refer to the fact that they do not have enough money and what they have collected through stacking - always not enough and the amount is ridiculous?

Maybe this is really SCAM?  I'm really scared of that...

Perhaps you've brought up some valid doubts about the project, but you've failed right from the beginning by calling it a scam.  Even if all your claims can be accepted without refutation and there is zero new development (which I highly doubt - how much work is local or unavailable to you at this moment), who is being scammed and how?  As mentioned, it's open source and community-driven.  It will continue to be that way regardless of the challenges that we encounter.  That's why some people are dismissing this as nothing more than FUD.

I wouldn't say XSPEC is a scam because the amount of work done since the fork is just marginal. However, I do think it's time for a realistic look towards this project. This thread gives a good insight in the quality of the code base. In the end the code is the one and only truth.

Thanks for doing this kind of intensive research!

My bad, wait till April, I have a name change coming then

Thanks for the thread starter in sharing this valuable information. In this time when lots of scammers are all over the internet we need concerned individuals who are always willing to help others by sharing this type of information.

presh1prince totally stole my idea for my new website PreciousPrincesses. That is the true scam going on.

#PreciousPrincessesRideOrDieSon
#PPRODS

You created the ANN thread for XSPEC, don't even talk about your account history, you've been part of this since the earliest days and still are.

Oh this is wonderful, the XSPEC lot are out in full force with still nothing to disprove me.
This is not a FUD campaign, it's 1 person vs a bunch of XSPEC fan boys who still cannot explain why over 1 year nothing has been done!

Looks more like a save your ass campaign from the XSPEC groupies now.

Any way, let's focus on this


You made an account yesterday, you've tried to sound a little less shill like by giving me little praise, to sum your thread up, you've done no analysis at all on the code, all you've done is look through a period of commits, seen some activity and said hey! He's wrong.. go through the actual code to see how tiny and meaningless each commit is, nothing more than lots of word changes, a few library updates, updating read me files, and the points I've stated here, the commits are fluff.
The biggest work done which makes up majority of the code change size is the donation system, if you really aren't a shill please look a bit closer, I went through every code commit on there and focused more around the key features XSPEC has brought along and hyped as big change.

Also this from your thread


This thread and these findings are not about these 2 points at all, you do not need comments to read the tiny amount of work done, never did I state anything about lack of comments, as for the "no commits" after Jan 30, my findings were on all the work done prior.

I see a pattern here, they're trying to justify that they've not committed any code recently due to a few "acceptable" reasons and this whole thread is based on their lack of work since Jan, this thread is NOT about that, it's about the lack of work in the committed code since day 1.

Stop trying to spin out of this.

To any one reading this who actually cares for the answers, go and view the post history of every person in this thread defending XSPEC, having an army of 100+ shills does not change what I've found.

the FUD is only cuz government agencies fear the power of stealth coins, europol and some local law enforcement had statements all over the news in germany

I read a lot aboutd Spectrecoin and its not scam. Its a good project and one of best tech privacy coin. Its possible to read some news about it on google... just look yourself. Me and my friends believe a price target this year around 10 dollar if all crypto market grow too.

  calling XSPEC an ICO scam is pretty stupid (pardon the crude language) as it is one of the most successful ICOs ever. All our investors can attest to that. Sour grapes for not investing anyone 

I dont really care how this claim will end,i am not a developer i am just a simple guy who wants to invest and learn about cryptocurrencies.Doing claims like this needs a lot of evidence i mean solid evidences to support the claim,if there will be some adequate informations that would cause your claim to be invalid,i have checked you post and you have better claim than the TS.

Thanks for taking the time to answer to this post, that's great to hear that you and your team are still working hard on XSPEC and hopefully we will hear soon about this thing you teased that will benefit XSPEC in the long run.

Thanks, I read it wrong maybe 

No I can assure you he was just glad to see you.

EDIT:
Sorry, I confused him for another account. That guy started another, first 'XSPEC is Scam' thread, where he accused jbg for not being quite honest with us.

Do you suggest that this is a bought account? I haven't been active here for a while because it's of minimal benefit in the long run. I just wanted to say it's not a scam. Who you believe is up to you.

I want to give Kudos to OP for showing some actual evidence for his claims (something that the "this-is-not-a-scam" voices fail to do!). It's rational, well written and credible!

HOWEVER: After taking a look at the repository myself, I do find the OP's claims to be exaggerated (while not baseless). I wrote down my more detailed analysis here: https://bitcointalksearch.org/topic/xspec-relativizing-recent-scam-allegations-3065979

As far as I know they added new devs to the team and the main dev works full time for the project since around one year.

It would be nice to know some technical details about the stealth staking feature.