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Topic: Stop falling for the Mintpal pump and dump scam (this should be a forum sticky) (Read 2138 times)

member
Activity: 71
Merit: 10
I think when Zerocash comes out it will be the new, undisputed heavyweight champion of the anonymous cryptos!
hero member
Activity: 966
Merit: 1003
full member
Activity: 196
Merit: 100
I agree there should be some kind of stickied warning thread for newbies about wolong megapumps.

They have made so much money now it is becoming dangerous to the entire crypto-economy.

This should also be stickied:

Quote

THE FACTS ABOUT DARK COIN

1. released without windows QT so that only dev and pals could mine it.

2. Instamined harder than any other coin out there  12.5% of the current minting was mined in the first day

3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey


yes that is correct they mined 50% of all the coins available at this time by themselves in the first 24 hours whilst windows users could not mine.


That is the facts.... doesn't matter what else they say... nothing can change what they have done.

[23:36] drk can gtfo
[23:36] best scam I've ever seen
[23:36] instamine to fuck + masternodes paying fees back to them.
[23:37] they get constant money for doing nothing
[23:37] hmmmm
[23:37] i dont figured out how darksend work yet
[23:37] is dedicated nodes needed to distribute the transactions ?
[23:37] masternodes are coin mixers
[23:38] hmmm, that make sense
[23:38] transactions go through random masternodes, which mix coins
[23:38] if you're masternode is used. you get mining fees.
[23:38] so, we can make an masternode and live throo the fees of anonnymus ?
[23:38] for the service.
[23:38] yes
[23:38] its like mining
[23:38] that makes sense
[23:38] which is what DRK have done. 65% in top 100 wallets... so yeah... they have 65% of masternodes.
[23:38] so they'll more than likely get most of the fees back to them.
[23:38] clever. money money money
[23:39] but you can run one maternode yourself, no ?
[23:39] yes, but it's a lottery
[23:39] you only get fees if your masternode is USED
[23:39] with them controlling 65%, it's unlikely your 1k coin masternode will get used.
[23:39] yes, just like mining
[23:40] if the coin became popular they will not be 65% at control for sure
[23:40] its popular now
[23:40] if the coin is opensource i dont see theproblem at all
[23:40] drksend isn't opensource
[23:40] just dont like the x11 thing...
[23:41] i know, but they sould release the code i think
[23:41] Top 100 Richest Addresses 2,569,351 DRK ($15,368,243 USD) 59.87% Total
[23:41] i ear other day that they are just completing the code
[23:41] <666whale> MotoMen - whats the problem with x11 in your oppinion?
[23:41] dont want to release an incomplete version
[23:41] Market Cap - $25,669,200 USD
[23:41] They have 15m$ of the coins
[23:41] 666whale in the future
[23:42] i smell a lota fuckin haterade in this room
[23:42] Winwhale just expressing opinion
[23:43] i think darkcoin is a great coin, just dont like the x11 thing
[23:43] Tongue
[23:43] Winwhale: criticism and debate isn't hate
[23:43] Wink
[23:43] groupthink ?
[23:43] 666whale: after 1 week I'll get my first ASIC X11
[23:43] What do you mean it's impossible??!!!?
[23:44] my friend from China has many friends there ... they mining X11 with ASIC X11 from
[23:44] What are you talking my friend?!?
[23:45] if so these people have raised the price to sell at a higher price???
[23:45] Exactly,  best scam I've ever seen
[23:45]   see the DRK diff - from 1000 to 2500 for 10 min
[23:45] interesting ....
[23:45] I need to get some sleep Smiley....  tomorrow at the same time
[23:45] +1 See you tomorrow
[23:46] < freshwhale > MotoMen: Greetings to everyone at home Smiley  See you tomorrow

In case you missed it - there are X11 ASICS, Wolong = DRK, they control all super 1000 nodes, DRK possibly greatest crypto scam ever executed.

Do yourself a favor and buy BTC and LTC only.  That should be stickied.

At this point there needs to be warnings for new people.
legendary
Activity: 3010
Merit: 8114
I like mintpal pumps and dumps, I always have profit  Grin

That's the spirit!

I mean cmon OP, if the pump and dumps are so obvious to you, and if all you crybabies who missed the boat on DRK know in your heart of hearts its a rigged scam, why not invest accordingly? You guys are so smart with your insider knowledge of the elite whale cryptocartels... put it to use making money instead of bitching about the success of others.
legendary
Activity: 1876
Merit: 1000
If the people who pumped DRK up are reading this, PM me.  I want to get inside information on the next coin to be pumped so I can mine it now and make a good profit.



lol
hero member
Activity: 955
Merit: 1004
If the people who pumped DRK up are reading this, PM me.  I want to get inside information on the next coin to be pumped so I can mine it now and make a good profit.

hero member
Activity: 546
Merit: 500
I like mintpal pumps and dumps, I always have profit  Grin
sr. member
Activity: 322
Merit: 250
Darkcoin is the clear market leader in anonymous-oriented coins, and is the oldest and furthest along in development. Per the Buffett rule that makes it the most attractive investment in this niche. As the the size of the niche, consider the following:

1. Companies dealing with crypto in their finances will not want competitors viewing all their transaction details. With Bitcoin (etc), every time an accounting dept. employee left Company A for Company B (or just wanted to sell secrets for cash), Company A's finances would be laid bare. So anonymity will be a Corporate Standard going forward - not some obscure niche for drug deals.

2. Likewise, don't assume governments will be hostile to anonymity. They can use it too. I can imagine some heated arguments right about now between NSA types wanting to ban it, while CIA managers across the table yell "NO!, we're using it to pay off informants and finance our operations in Whateveristan!"  Who invented TOR, after all? Darkcoin is to money what TOR is to information transfer.

The same logic for #1 applies to just about everyone. Do you want your finances scrutinized by nosy neighbors? Sure, you can try to keep your accounts private, but I imagine there will be plenty of times that kind of info leaks out for a variety of reasons, and then you are exposed. So anonymity is for EVERYONE. We will all be wanting it. The only question now is how to most efficiently provide it. For now Darkcoin is the clear leader.

It might top out today. Or it might be the coin that displaces Bitcoin, assuming a couple things happen just right. All I know is that it is only at a fraction of its potential now, pumps notwithstanding.

Darkcoin is a BTC clone with gimmicks. No one with half a brain will be using this to move money from A to B through nodes ran on some guy's mother basement that happened to luck out with the linux instamine if his life depended on it. Anything that Evan does can be copied by the BTC dev team if they think it's good enough and they will (self admited), unless he keeps all the stuff closed source, which consequently makes it a no-no and no one will trust it. Not that I think he will come up with anything revolutionary after promising ring signatures in V2 then back peddling. On the other hand, they will never be able to copy cryptonote technology.
Ring signatures are superior and solve all the centralized-like problems, the blockchain bloat thing is nothing but FUD. I dont care if you are using MRO (the best option right now) or any of the cryptonote forks, they are all better options than a BTC fork.
sr. member
Activity: 462
Merit: 253
OMG just ride on to this boat, you're big enough to know when to jump, Thanks a lot DRK!!! i know from the beginning DRK is special coin. 1DRK=1.5BTC soon, so many jealous guys here, just buy the coin and sell it with profit don't be a crying baby.  Roll Eyes

When people read crap like this, they should run away from coins like DRK and fast!.

Tell me why DRK is so special?
Where did you come up with 1 drk = 1.5 BTC?

"OMG just ride on to this boat"
"just buy the coin"
"don't cry like a baby"

Same people who got prison gangraped on the Blackcoin and Cinni scam pumps will also get burned on DRK trying to "invest" on this type of advice.



Take some time to read the darkcoin thread and you'd know some info about it and why it's worth more, at least more than litecoin in my opinion.

My expectations are that it will be sitting on a 500m-1b marketcap soon, but after that it won't really go any higher unless some big sites that like to stay anonymous start using it.

It might be worth more in the long-term, but for now it rose too much too fast, there will probably be a crash in the next few days. Investing in an über-bull market has never been a good idea in cryptos, unless you really don't mind short- and mid-term losses.
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
OMG just ride on to this boat, you're big enough to know when to jump, Thanks a lot DRK!!! i know from the beginning DRK is special coin. 1DRK=1.5BTC soon, so many jealous guys here, just buy the coin and sell it with profit don't be a crying baby.  Roll Eyes

When people read crap like this, they should run away from coins like DRK and fast!.

Tell me why DRK is so special?
Where did you come up with 1 drk = 1.5 BTC?

"OMG just ride on to this boat"
"just buy the coin"
"don't cry like a baby"

Same people who got prison gangraped on the Blackcoin and Cinni scam pumps will also get burned on DRK trying to "invest" on this type of advice.



Take some time to read the darkcoin thread and you'd know some info about it and why it's worth more, at least more than litecoin in my opinion.

My expectations are that it will be sitting on a 500m-1b marketcap soon, but after that it won't really go any higher unless some big sites that like to stay anonymous start using it.
sr. member
Activity: 462
Merit: 253
I would never be stupid enough to spend actual money buying a coin that is on a rapid rise in price.  I would only mine it.

It's a shame though that most of these are now PoS coins.
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
and is the oldest and furthest along in development.

Shills with zero knowledge, Cryptonote has been development since 2012 and is the most advanced anon protocol, think Monero

CryptoNote is an edge case no one knew about it here till a few months ago. AnonCoin is the 1st Bitcoin Like cryptocoin which is in development to be anonymous

Ahmed
legendary
Activity: 952
Merit: 1000
Stagnation is Death
and is the oldest and furthest along in development.

Shills with zero knowledge, Cryptonote has been development since 2012 and is the most advanced anon protocol, think Monero
legendary
Activity: 1260
Merit: 1000
Darkcoin is the clear market leader in anonymous-oriented coins

It's really just a tumbler with the option to tumble at several different places instead of one...while also charging fees to do so.  If anything is the "market leader", it's probably Bytecoin and it's descendants since the anonyimizer is built into the protocol without fees.
hero member
Activity: 770
Merit: 500
Darkcoin is the clear market leader in anonymous-oriented coins, and is the oldest and furthest along in development. Per the Buffett rule that makes it the most attractive investment in this niche. As the the size of the niche, consider the following:

1. Companies dealing with crypto in their finances will not want competitors viewing all their transaction details. With Bitcoin (etc), every time an accounting dept. employee left Company A for Company B (or just wanted to sell secrets for cash), Company A's finances would be laid bare. So anonymity will be a Corporate Standard going forward - not some obscure niche for drug deals.

2. Likewise, don't assume governments will be hostile to anonymity. They can use it too. I can imagine some heated arguments right about now between NSA types wanting to ban it, while CIA managers across the table yell "NO!, we're using it to pay off informants and finance our operations in Whateveristan!"  Who invented TOR, after all? Darkcoin is to money what TOR is to information transfer.

The same logic for #1 applies to just about everyone. Do you want your finances scrutinized by nosy neighbors? Sure, you can try to keep your accounts private, but I imagine there will be plenty of times that kind of info leaks out for a variety of reasons, and then you are exposed. So anonymity is for EVERYONE. We will all be wanting it. The only question now is how to most efficiently provide it. For now Darkcoin is the clear leader.

It might top out today. Or it might be the coin that displaces Bitcoin, assuming a couple things happen just right. All I know is that it is only at a fraction of it's potential now, pumps notwithstanding.

+1
legendary
Activity: 1708
Merit: 1036
Darkcoin is the clear market leader in anonymous-oriented coins, and is the oldest and furthest along in development. Per the Buffett rule that makes it the most attractive investment in this niche. As the the size of the niche, consider the following:

1. Companies dealing with crypto in their finances will not want competitors viewing all their transaction details. With Bitcoin (etc), every time an accounting dept. employee left Company A for Company B (or just wanted to sell secrets for cash), Company A's finances would be laid bare. So anonymity will be a Corporate Standard going forward - not some obscure niche for drug deals.

2. Likewise, don't assume governments will be hostile to anonymity. They can use it too. I can imagine some heated arguments right about now between NSA types wanting to ban it, while CIA managers across the table yell "NO!, we're using it to pay off informants and finance our operations in Whateveristan!"  Who invented TOR, after all? Darkcoin is to money what TOR is to information transfer.

The same logic for #1 applies to just about everyone. Do you want your finances scrutinized by nosy neighbors? Sure, you can try to keep your accounts private, but I imagine there will be plenty of times that kind of info leaks out for a variety of reasons, and then you are exposed. So anonymity is for EVERYONE. We will all be wanting it. The only question now is how to most efficiently provide it. For now Darkcoin is the clear leader.

It might top out today. Or it might be the coin that displaces Bitcoin, assuming a couple things happen just right. All I know is that it is only at a fraction of its potential now, pumps notwithstanding.
sr. member
Activity: 434
Merit: 511
Did they do this to mintcoin to?
I mean 60 satoshi to 8 satoshi in a couple of months
But the part from 10 to 60 satoshi was in like 24 hours.
My only fault was not selling at 40 Satoshi then 20 Satoshi, Then rebuying at a lower price.
sr. member
Activity: 350
Merit: 250
The same group that pump and dumped Blackcoin and Cinnicoin is doing the same thing with Darkcoin.  It's so stupidly obvious because they only use the same exchange to do it every time, the same or similar amount of volume every time, and I've even talked to these people on IRC about it.  The part about them using shady tactics to attempt to make money in an unregulated market isn't what bothers me, what bothers me is, they are forcing coins that are basically crap into the top 10 and eventually some of them might stick and we'll be forced to buy them to participate in crypto.  Cinnicoin is the best example of this, it has completely idiotic block times that would never work as a functional currency, yet somehow they managed to fool all these people into keeping it not only afloat, but an insanely high market cap.

I'm sure I'm not the only person bothered by whatever coins succeeding or failing right now isn't determined by technical merit, fair distribution, or any kind of rational variables, but entirely decided by what a random pump and dump group decides to do when they wake up in the morning.

Why do you care what other people trade? 
full member
Activity: 224
Merit: 100
VocalPlatform.com
OMG just ride on to this boat, you're big enough to know when to jump, Thanks a lot DRK!!! i know from the beginning DRK is special coin. 1DRK=1.5BTC soon, so many jealous guys here, just buy the coin and sell it with profit don't be a crying baby.  Roll Eyes

Sorry but this wont happen, same thing said with xpm, if you dint know all the alts togheter are only 9% of bitcoin market cap.. so if litecoin isnt at 1/4 bitcoin the chances for darkcoin are less
hero member
Activity: 742
Merit: 500
same with doge ... guess what? 'wolong'
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