Topic: Unveiling the truth over the major Monero scam (Read 69459 times)

This thread is an evidence that support the saying in crypto circle that if your altcoin or token have not been labelled as scam, your project is not yet successful! Monero is been called scam when it was just launched way back 2014. Who dare call monero scam now?

I am pretty sure that if you had any Monero you would invest more into that coin then hype it up like these guys are doing.

Except that there never were many real Bytecoin fanboys. It was mostly paid shilling/trolling, which is why most of those accounts including OP are now inactive (contract expired).

This entire thread is a circlejerk of both Bytecoin fanboys and Monero fanboys and I'm disappointed in all of you.

Monero is good coin have good value and market capitalization, Monero coin is at low price right now and if it hold for long time then there is a good profit in this coin.

Monero is an amazing project.
No premine. No instamine. Fair launch.

My bad.

Probably because people occasionally bump it after 5 weeks of inactivity.

How is this thread still a thing?

There is no Monero propaganda.  None whatso ever. I have no ideas where you got this imagination.

There are people on this forum. That read ANN and other threads. Like  iamnotback, Spoetnik,   cryptohunter, ....   Many people like 100 or more. Some understand crypto more then others. I also now understand some.  This people comment on that Crypto and point to their flaws.  No crypto is perfect.


You mention this 2 coins, Yes they have huge flaw in their early distribution. But I am sure have many other problems also. If people on this forum told those problems is only right.  They were not made up for no reason but to educate people that read here.   Problem I see was that in defence all those people were marked as Monero gang.  All beside Spoetnik. he was true Scam exposer.   cryptohunter is a Monero and or Monero PR altho he is most likely just a BTC holder sceptical to most alts ( I do have no ideas, but most people critical to alts are holding just BTC).



Propaganda that exist are day traders. They will shill Monero and any coin they hold when they will have it and long it and they will FUD same coin 2 days latter when they will short it and hope to buy some next day cheap.  but is so easy to find this people as long you are reading this forum fora week or two.  Those people are true propaganda. That is their job. that puts bread on their table.

I have mentioned Bytecoin and Dash because they are some of the coins most attacked by Monero defamatory propaganda. The first was attacked at launch of Monero because was the original coin to implement anon ring system that Monero has copy pasted claiming to be "the fair version of Bytecoin" the second was attacked intensely due to the fact is an anoncoin that has gained popularity and price better than monero and they fear that may nullify Monero rise.
 
What I have said It's a fact. Who has followed this coin since the start can clearly see the abnormal hash power dispatched.
Overmining with no transparent distribution, and premine is the same, what approach between these is worst, depends only by the price that every user have to pay to get a part of the supply so that the mass of coin can be distributed between a larger number of players not remaining in the hand of few people. All the rest is senseless bullshit to FUD competitors.

No is not one poison or another. There can be no poison if you want it.
"Botnets poison" is or companies can mine or people can mine.  All CPU mined coins will be mined by botnets if they are the most profitable one.


Not sure why i am again talk about coin that have 999 threads already. Other option of mining 10% of PoS coin in one day is to not having mined 10% of PoS coin. There is no other option.




I dont think this thread is of botnets mining. But botnet mining is sort of positive since it just uses already existing resources.  you dont need new computer you use already existing idle one.


It is bad for high coin price since those miners usually dump coins fast.  But low price is on my opinion good for coin in first years. So is again positive.
It is ofcourse bad for that guy that own that computer. But he will somehow need to defend himself or his computer will wear out faster then should. Those that run those botnets are stealing those computer owners and lets hope they will be caught and pay his debt to society. But coin wise all hash powers are same.  hash-power is fungible

@AndreaF does have a point. All crypto is power-law distributed. Somebody has access to more bots than most of us. And since he doesn't exist  , he doesn't need to waste money on PR to overcome the negative PR of his non-existence.

Choose your poison, the Evan Duckfleecer or the Moanero Bot Singularity.

You just accused 100 Monero code writers on github of having botnets without any proof.  Or " initial developers-investors"  who are this? Donald Trunp. Who are this guys? They for sure not come to this forum and develop Monero code now. Who exactly are they and how you know this?  



In general everyone can have botnets. You dont need to be Donald Trump. And they mine any coin that is most profitable. You dont need to be " initial developers-investors"  and you will not mine Monero if there is profit elsewhere. Botnets miners as any other miners secure network.  


It is huge difference to mine with botnets and sell those coins then if you just print coins to yourself with a so called mistake.


Monero never had any PR work. None so ever. All that was said was said by people that learn about it and see its value. And most are on this forum and reddit. Here on this forum many people that understand crypto and understand Monero and wrote about it  was critical to other crypto projects. You mentioned Bytecoin and DASH, but was many others. This thread is result of that. This brought those people start FUDing Monero and even made some PR campaigns.   I also understand Spoetnik to be just jealous on them since they steal his job revealing scams. But now after 2 years i think i was wrong.



You still had not answer GingerAlle. How many posts you will need to do till then?

What makes "anon" coins special in this respect ?  Why wouldn't other CPU coins be mined with a bot net, and in what way is a developer team the only one that can deploy a botnet ?   Isn't competition with botnets similar to competition with asics ?  

Can't you accuse every CPU coin to be botnet mined ?  Maybe bitcoin too in the first years ?  Maybe Satoshi had a botnet running that gave him all the coins until 2011 ?

I fail to see the logic behind this argument.  The only few XMR I ever had, was through mining them myself on my laptop !
It is the only coin I ever mined on my laptop.   So I don't see where this idea, that because it can be mined with a PC, it is of course mined by *one single botnet under the dev's control*.  If this took a long time (more than 48 hours say ) I would think that there was possibility of fair competition.  If a quarter of the current stash is mined before the most astute co-miners are even aware that the launch took place, with a difficulty "bug" so that you can do it on your PC, chances are it is the same guy launching the genesis block that got most of it, no ?  If on top of that, there is a PoS mechanism that amplifies initial stash, the word "fairness of distribution" becomes difficult to use.  If on top of that, there is a PoS voting system to use 10% of the mined coins on "development", you can imagine how centrally controlled this thing is.

However, it is very well possible that all this happened by accident, and that Evan Inc sold their initial stash on cocaine and prostitutes when DASH was less than a dollar, and are now biting off their nails when they see the price of DASH rise, not holding a single penny of what they instamined.  But allow me to doubt it.

Maybe you have problem to read: I have clearly described that not premined means nothing if since the day of announcement if initial developers-investors have dispatched a large botnet and nobody can obtain a not hilarious quantity of satoshi without BUY from them. Buy from a botnet or buy from the developer bag change nothing in term of fairness of distribution,



Monero hasn't a more fair distribution than Bytecoin, or Dash or whatever other anoncoin in the market. It's a fact, I'm not a Dash supporter, or a Bytecoin supporter, but Monero despite the aggressive PR work and advertising is one of the worst coin of earth in terms of fairness since not even its technical development has been fair with a copy-paste of ring Cryptonote approach of  Bytecoin, with a pretty amateur development, followed by an huge defame campaign against the copied Bytecoin and all others anoncoins.

Mr.AndreaF   Monero was not mined on first day like the other crap coins you mention.  Understand? First day was mined only like 25k Monero.

At home on your computer you cant afford to mine a fortune. Is simple. You can rent hash power and mine a fortune of Moneros today so as you could on first day, but it will cost you a fortune. Everyone can! And as "DGA" or how is his nick here posted, he actually did it.

Even if I would mine all 25k Monero first day (and pay lots $ for electricity)  i could not be able to make market today with those 25k Moneros. Understand?   I was not able to get 2 millions and stack them to have 4 millions now.


I doubt you do since all you do here is troll. You have plenty threads of your crapcoins where you can post every hour. No need to troll here and mention them in every post.


With Monero everyone. Read here everyone could mine on first hour. And could mine 99% if would have enough $ to afford that much hash. in case of Bytcoin was that totally impossible. In case of DASH was similar. ask cryptohunter he is specialist for that crap coin.


And so much posts you made but you still could not answer to GingerAle question in first reply on your post.  Now 3 days latter after 10 of your posts here that clearly shows you dont care what people write here, all you care is to troll some idiotism.

Your impression is wrong because premine isn't only way to control the most of supply. A decent Monero home mining was impossible since the first days due to hash power dispatched by developer\investors. If few people has the most of the supply I don't deserve a fuck if they have premined or they control the supply with botnets since the days after launch, the result is the same, few people own the coin and who want them have to buy from them. Bytecoin and Dash are more mined by their developers but given you the possibility to get easily a decent amount as early adopters, with Monero this wasn't possible and this isn't normal in any legit coin, unless they use large cloud botnet to control the supply since day one. Now over 14 million Monero have been mined, the double of Dash. WHO has mined them??? Certainly not a large group of users but mining clusters.
Without mention the shitty behaviors used by Monero crew to steal technology and defame the coin that have copied.

A great example of a nerd project that went mainstream in a big way with zero marketing is Google. Even better Google has built up a multibillion dollar business getting others to pay them for marketing.

I've seen a million nerd things "no one gives a shit about" go mainstream.  Grandma loves her NES emulator, Yahoo games, email, scanner, etc.

You must adapt to your audience so they don't zone out.

Two interactions have demonstrated your approach is incorrect.  You should be engaging instead of alienating.

There are many parts of the Bitcoin elephant.  Your first priority is to ascertain which ones they may most easily grasp.