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Topic: [PSA] MemoryCoin 2.0 Dev abandons coin - page 2. (Read 8420 times)

sr. member
Activity: 266
Merit: 250
January 10, 2014, 10:05:08 AM
FreeTrade still dodging the questions I see

Well, I think it should say a lot given how dismissive he was of the effects of the GPU miner(car to bicycle comparison i recall).  But now he's trying to buy the GPU miner and people are complaining because it has most of the hash for the MMC network
full member
Activity: 181
Merit: 100
January 09, 2014, 10:27:40 PM
MW1sZVDE2dscseYotrYCHUAqC3cHQuB59E


thanks
full member
Activity: 238
Merit: 100
January 09, 2014, 05:30:28 PM
This is a interesting read for all that don't believe in the fairness of MMC2 and mistakes Invictus made by hiring FreeTrade.

https://bitcointalk.org/index.php?topic=325425.60
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
January 09, 2014, 11:18:39 AM
The pre-mine (importing of the MC1 coins) was only done to make freetrade rich. There is absolutely no reason whatsoever to import an old abandoned block chain. Unless of course you are holding tens of thousands of coins from that old block chain.. That would really be a very good reason. MC2 is trading at .32 USD. I truly believe that MC2 could have been worth much more if that import never happened.



member
Activity: 71
Merit: 10
January 09, 2014, 11:03:52 AM
FreeTrade / MemoryCoin 2.0 is dodgy

Didn't see that coming.......

full member
Activity: 238
Merit: 100
January 09, 2014, 10:58:02 AM
That's the case.
I want that the Coin I follow and support will get an appropriate support.
I want it constantly to be promoted, fixed if needed and so on.
That's why I was interested in this coin from the very beginning.
Is FreeTrade the one to do it?!
I think he is.
Is it a problem that he holds some of MMC, even if it's more then you do?! I don't think so.

There is a big difference in a fair distribution and something fundamentally wrong in the core. Elections have to be fair and how can they be fair if one has absolute power? Better name for this would be SockPuppetCoin. But again think of this; most coins that where first (tenebrix, sif..) with something new have failed. Sooner or later there will be a fair alternative based on MMC. Nuff said..
sr. member
Activity: 420
Merit: 250
January 09, 2014, 10:46:52 AM
That's the case.
I want that the Coin I follow and support will get an appropriate support.
I want it constantly to be promoted, fixed if needed and so on.
That's why I was interested in this coin from the very beginning.
Is FreeTrade the one to do it?!
I think he is.
Is it a problem that he holds some of MMC, even if it's more then you do?! I don't think so.
full member
Activity: 238
Merit: 100
January 09, 2014, 10:20:37 AM
Looks like letstalkbitcoin thinks the same about the coin distribution so i expect a nice article in the feature about pre-mined coin positions and if anything is analyzed from the genesis block and mmc 1.0 a nice overview with current balances and their voting power. I think it willbe smart for Invictus to take distance from this dev because it definitely hurts their believe of a fair system. Problem is that the dev has a to strong position in PTS. In the end this is what will hurt Invictus.

~ What goes around comes around.
full member
Activity: 224
Merit: 100
January 08, 2014, 03:01:31 PM
Developer FreeTrade has granted himself large amounts of MMC through a pre-mine. These awards, upwards of 80k coins each per award from block 1 were disguised as part of MemoryCoin 1's contributions.

If one person controls that many coin from day 1, the voting aspect of the coin is compromised and this voting aspect is the one thing that was to distinguish this coin from other alts. Especially since the coin failed to remain GPU resistant.
 
With that said, I am no longer running for positions with this coin. please change you vote for another candidate.

Good luck all. I advise you to be careful here.

See this thread and these other threads for more info:

https://bitsharestalk.org/index.php?topic=2124.msg24636#msg24636

https://bitsharestalk.org/index.php?topic=2047.0

https://bitcointalksearch.org/topic/m.3143884

https://bitsharestalk.org/index.php?topic=2125.0

Read for yourself, especially FreeTrades responses.

Do you due diligence!
Last update regarding this for now. I will check back in a few months. See how the coin is doing. Good luck, although you might have better luck with Coinye, COYE! Cheesy
full member
Activity: 224
Merit: 100
January 07, 2014, 04:58:10 PM
Maybe we need to open a CHA position for Newmine dinners ?  Cheesy

Donations gladly accepted here:   MMCPooL6JBsRw4t22wCZ4TTgawYCcA1x15


Two donations are sending.



Regards

Thanks buddy!
hero member
Activity: 658
Merit: 502
January 07, 2014, 04:34:44 PM
Maybe we need to open a CHA position for Newmine dinners ?  Cheesy

Donations gladly accepted here:   MMCPooL6JBsRw4t22wCZ4TTgawYCcA1x15


Two donations are sending.



Regards
hero member
Activity: 658
Merit: 502
January 07, 2014, 04:30:12 PM
Ok Robin, thief the rich and give to poor.

If during this time you have some interesting project to propose, you are welcome.




FaSan


full member
Activity: 224
Merit: 100
January 07, 2014, 04:27:00 PM
Maybe we need to open a CHA position for Newmine dinners ?  Cheesy

Donations gladly accepted here:   MMCPooL6JBsRw4t22wCZ4TTgawYCcA1x15
full member
Activity: 224
Merit: 100
January 07, 2014, 04:25:31 PM
We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes


Whaaaat?

1st of all, I am at my regular work job. Ill payout when I get off work.
2nd, reward matures for 120 blocks.
3rd, who said you were guaranteed any cut? Trolling me instead of doing your job means you might not get paid. Please submit an itemized invoice of all work done during those blocks. Wink

Nice try!


Uhmm... and you ? What WORK have you doing for the MMC community during this three blocks ?

Take it, I don't need this money. You can pay the bill of your dinner for today. I was sure that you had do all this for your pocket :-)


Best Regards Newmine




FaSan
Tell me where I said I would be working for the coin. I only ever said I would distribute the coin. You will get your cut this time.

No need to try and insult me. Your translation only makes you sound foolish.

Thanks for your support,
Newmine
hero member
Activity: 658
Merit: 502
January 07, 2014, 04:06:28 PM
Maybe we need to open a CHA position for Newmine dinners ?  Cheesy
hero member
Activity: 658
Merit: 502
January 07, 2014, 04:02:17 PM
We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes


Whaaaat?

1st of all, I am at my regular work job. Ill payout when I get off work.
2nd, reward matures for 120 blocks.
3rd, who said you were guaranteed any cut? Trolling me instead of doing your job means you might not get paid. Please submit an itemized invoice of all work done during those blocks. Wink

Nice try!


Uhmm... and you ? What WORK have you doing for the MMC community during this three blocks ?

Take it, I don't need this money. You can pay the bill of your dinner for today. I was sure that you had do all this for your pocket :-)


Best Regards Newmine




FaSan
full member
Activity: 224
Merit: 100
January 07, 2014, 03:56:21 PM
We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes


Whaaaat?

1st of all, I am at my regular work job. Ill payout when I get off work.
2nd, reward matures for 120 blocks.
3rd, who said you were guaranteed any cut? Trolling me instead of doing your job means you might not get paid. Please submit an itemized invoice of all work done during those blocks. Wink

Nice try!
hero member
Activity: 658
Merit: 502
January 07, 2014, 03:31:19 PM
We paid FaSaN 20% when we won the 2 elections. 


Hey, I wait my 20% of blocks 5640, 5660, 5680 ! Or you already boring to be our favorite RobinHood ?  Cheesy

Eh..  Roll Eyes
full member
Activity: 462
Merit: 100
January 07, 2014, 01:40:33 PM
Hi guys,
Here's my candidacy post: https://bitsharestalk.org/index.php?topic=2119.0
I will appreciate your support!
full member
Activity: 224
Merit: 100
January 07, 2014, 01:00:04 PM
you got my humble vote with 230~mmc

Thanks!
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