sure monero has one of the crappiest distribution models out there.... that doesnt mean it is a scam.
just means its not worth very much.
Topic: Unveiling the truth over the major Monero scam - page 13. (Read 69408 times)
some more monero launch info....
I'm loving these last few pages. Vitalik is finding out that anybody who dares speak a negative word about Monero gets immediately flamed by all the Monero shills and trolls.
Two points:
a) It's becoming obvious that the Monero trolls live in a glass house. Monero had its own issuance problems, with one guy receiving between 50% and 90% of all the coins in the first three months. Is it the current Monero team's fault? No, probably not. They inherited the broken miner and fixed it as soon as they were able. Did it ultimately affect the early distribution of the coin? Yes.
This does not bother me personally. Mistakes happen, and as long as they are corrected as quickly as possible, I'm fine with it. But by the standards that Icebreaker, AdamWhite, TheDasher, and others pro-Monero trolls use, then Monero is a scam coin. These gentlemen (or ladies) believe that Dash is a scam because of an "unfair" and "unequal" initial distribution. If that's the definition of "scam," then Monero is a scam as well.
b) The trolling is spreading, and it's severely discrediting Monero. I realize that the Monero community has no control over what these trolls do in their name, but people outside of Dash are now being personally attacked by trolls who purport to call themselves fans of Monero. I think this is a big mistake--it can only hurt Monero in the long run.
Two points:
a) It's becoming obvious that the Monero trolls live in a glass house. Monero had its own issuance problems, with one guy receiving between 50% and 90% of all the coins in the first three months. Is it the current Monero team's fault? No, probably not. They inherited the broken miner and fixed it as soon as they were able. Did it ultimately affect the early distribution of the coin? Yes.
This does not bother me personally. Mistakes happen, and as long as they are corrected as quickly as possible, I'm fine with it. But by the standards that Icebreaker, AdamWhite, TheDasher, and others pro-Monero trolls use, then Monero is a scam coin. These gentlemen (or ladies) believe that Dash is a scam because of an "unfair" and "unequal" initial distribution. If that's the definition of "scam," then Monero is a scam as well.
b) The trolling is spreading, and it's severely discrediting Monero. I realize that the Monero community has no control over what these trolls do in their name, but people outside of Dash are now being personally attacked by trolls who purport to call themselves fans of Monero. I think this is a big mistake--it can only hurt Monero in the long run.
the hell.... Im holding some... I just hope they can go up at least 50%... What do you think? so you think the price will go even lower?
Why you people even argue anymore. Monero was a scam. Period.
Just because you or someone else says something...does not make it true.
Provide facts and not half truths as with the OP of this thread and Dash supporters.
Why you people even argue anymore. Monero was a scam. Period.
Both your English language skills and logic are laughable. Keep smoking your LTC drugs.
Because sigspam
Why you people even argue anymore. Monero was a scam. Period.
And then they tried to accuse other cryptocurrencies of being a scam .. and it blew up in their face.
Somewhere there is a lesson to be learned for sure.
:O
Actually nothing blew up, except your stupid lies.
Why you people even argue anymore. Monero was a scam. Period.
And then they tried to accuse other cryptocurrencies of being a scam .. and it blew up in their face.
Somewhere there is a lesson to be learned for sure.
Why you people even argue anymore. Monero was a scam. Period.
Both your English language skills and logic are laughable. Keep smoking your LTC drugs.
Why you people even argue anymore. Monero was a scam. Period.
Quote from: http://i.imgur.com/Ru0QLQj.png
...to the best of my knowledge, none of the people who profited from early optimized Monero mining had anything to do with crippling the code in the first place.
Eat shit scumbags.
A coin gets launched that has your* crippled mining code in it that you've* carefully planned to give you* an advantage and then you're* not going to take that advantage when it's presented to you*? Yeah right..
__________
* Generic you
But hey, the bitcoin devs and the rest of the world disagrees with all the bullshit you are babbling
It's not a bunch of 5 nerd-coders that need to be convinced. It's the 7 billion money spending users. According to all known precedent, they appear to take my side of the argument.
live your stupid little life in your stupid little made up world :-)
That was well thought out. Maybe now we're getting down to your 'real' arguments
Quote
The second 'jewel' was privacy. But privacy is not a property of money - it's a property of monetary containers. In a trustless monetary medium - such as the ones I quoted earlier e.g. gold, tea, salt, grain, coal - fungibility is what counts. Privacy only matters if you have value and value only accrues to fungible monetary media and fungibility is an inherent property of that medium, not its container.
You are good at making shit up, monetary containers...aha, it´s so secret not even google can tell us what is it
https://www.google.de/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=%22monetary+container%22
Well according to HR foodbank it means: "Monetary Container: Place in your business where there is a lot of foot traffic."
Now that all makes sense, totally!
But hey, the bitcoin devs and the rest of the world disagrees with all the bullshit you are babbling, i leave the rest to the reader:
https://github.com/bitcoin/bitcoin/issues/6568
http://diyhpl.us/wiki/transcripts/bitcoin-adam3us-fungibility-privacy/
But yalalalalalala live your stupid little life in your stupid little made up world :-)
There's perfect, there's scam, and everything in between. Monero is a helluva lot closer to perfect than DASH/Darkcoin/Xcoin could every hope to be...You can look on the block explorer and see the amount of coins emitted at any block.
I suppose when you're comparing a technology thats designed to be the safe with one that's designed to be the money then that's of some small comfort.
The fact is, Monero is not "a helluva lot closer to perfect". In fact it's nowhere near it - nothing to do with launches, emission profiles, fastmines, biased mining or any other such trainspotting junk.
We can have a p*ssing contest all day long about who had the "least perfect launch". The fact is, Monero had 2 things going for it and one of them was a "clean port" of Bytecoin which, as it turned out was a rotten fish the day it hit the market since they ported the very core of the bytecoin scam into monero. They eventually got rid of it ? The words horse and stable door spring to mind.
The second 'jewel' was privacy. But privacy is not a property of money - it's a property of monetary containers. In a trustless monetary medium - such as the ones I quoted earlier e.g. gold, tea, salt, grain, coal - fungibility is what counts. Privacy only matters if you have value and value only accrues to fungible monetary media and fungibility is an inherent property of that medium, not its container.
Monero takes its privacy model from banks. A backed credit medium that doesn't have to worry about maximising trustless monetary properties. Apart from that, whatever number of PDF formulaic mumbo jumbo you like to post, the debate over this will never leave it - specially where users for whom 'privacy' is a high priority are concerned.
Thats fail #2.
So sorry if I don't take the bait - I'd rather have the money than the safe, even at a 80% discount over Dash and despite your best efforts at a year's worth of benign name calling.
Dash is targeting fungibility directly: i.e. the inability to tell much difference between the coins at one blockchain address and another without compromising their transparency, usability or commercial compatibility with bitcoin-based services. If it succeeds in those objectives, it will be far more private than any other crypto because its privacy will actually mean something to investors.
Here is some appeal to authority for why Monero is not a scam:
Tweets of support from Bitcoin core dev Peter Todd:
https://twitter.com/petertoddbtc/status/622022840330682368
Bitcoin core dev Greg Maxwell used to hang out in #monero-dev frequently on IRC, generally seems to support Cryptonote technology, and apparently offered bits of philosophy:
https://twitter.com/monerocurrency/status/484419899885101056
Bitcoin core lead maintainer Wladimir van der Laan has made a commit on Monero's main github repo (a minor one, but made a commit nonetheless):
https://github.com/monero-project/bitmonero/commits?author=laanwj
I'm not trying to say that Bitcoin devs are infallible or anything, but just consider how many altcoins receive anything remotely resembling approval from the Bitcoin crowd, particularly the core developers (except Peter Todd, he's the Viacoin guy, right?). I just think it's worth mentioning in the context of which coins are scams and which ones are not - if you're getting commits in your github repo from the lead maintainer of Bitcoin's github repo, you're probably not dealing with a scam.
Tweets of support from Bitcoin core dev Peter Todd:
https://twitter.com/petertoddbtc/status/622022840330682368
Bitcoin core dev Greg Maxwell used to hang out in #monero-dev frequently on IRC, generally seems to support Cryptonote technology, and apparently offered bits of philosophy:
https://twitter.com/monerocurrency/status/484419899885101056
Bitcoin core lead maintainer Wladimir van der Laan has made a commit on Monero's main github repo (a minor one, but made a commit nonetheless):
https://github.com/monero-project/bitmonero/commits?author=laanwj
I'm not trying to say that Bitcoin devs are infallible or anything, but just consider how many altcoins receive anything remotely resembling approval from the Bitcoin crowd, particularly the core developers (except Peter Todd, he's the Viacoin guy, right?). I just think it's worth mentioning in the context of which coins are scams and which ones are not - if you're getting commits in your github repo from the lead maintainer of Bitcoin's github repo, you're probably not dealing with a scam.
...
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
There's perfect, there's scam, and everything in between. Monero is a helluva lot closer to perfect than DASH/Darkcoin/Xcoin could every hope to be.
You can look on the block explorer and see the amount of coins emitted at any block. For instance, by block 20000 ( http://moneroblocks.eu/search/20000 ), mined on May 1st, the total number of emitted coins was about 350k or about 3.5% of the total coins that exist today. So, 3.5% of the coins that exist were mined during the period of the crippled miner when a few folks (such as DGA, who is not a member of the development team) were mining with optimized miners. Around May 1st the optimized miner was made public by NoodleDoodle and other members of the actual dev-team that took over the coin from TFT.
Compare that with DASH, where around 1/3 of the coins that exist today were mined in the first 48 hours or so, and I think it's pretty plain to see which coin had the more fair launch. (This is not to mention the fact that there was zero windows clients and a promise to relaunch made by the Xcoin developer, while hundreds of AWS and DO nodes mined away). 33% of available coins mined in 2 days, or 3% of available coins mined in a few weeks - I don't think it's much of a comparison.
(This is also not to mention the fact that DASH/Darkcoin/Xcoin switched to a quasi-PoS system after their botched launch, allowing large holders to just sit on their coins and grow them, which is obviously not the case for Monero, which is pure PoW, where owning a chunk of coin doesn't allow one to do anything but dump it on an exchange.)
Top post jwinterm. Facts, not FUD.
Thank you for digging this post up. Mastermined can now come back and try to spin things to death about the "scam" that has happened with Monero when clearly Dash is no saint and in fact likely is the equivalent of the devil's favorite demon coin with shady launches, broken PoW algorithm, rebranding to distance itself from its shady past, and the addition of quasi-PoS system etc..
Because this thread is done by the dashtarded scam army who have exposed multiple times of scamming and lying here, for example:
Vitalik just posted in /r/ethereum --
Guess who's now in the firing line now for being low tech'
(Thats what you get for calling Monero a 'real premine sacm').
Never mind. It's all in a good cause (we hope). Mudpies on stun and chickenwire at the ready.
Hey fucktard, why don´t you show the world the whole discussion? Because it doesn´t fit your fucktarded dash scam propaganda?
Or what about this one?
Dashtards, even too stupid to lie; unbelieveable....
Eat shit scumbags.
Why you all compare monero to dash? This tread is about monero scam.
A lot of the anti-Monero FUD comes from DRK/DASH supporters. Also, jwinterm's post eloquently puts to the sword the idea that Monero's launch period amounted to a significant instamine. There is no monero scam.
...
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
There's perfect, there's scam, and everything in between. Monero is a helluva lot closer to perfect than DASH/Darkcoin/Xcoin could every hope to be.
You can look on the block explorer and see the amount of coins emitted at any block. For instance, by block 20000 ( http://moneroblocks.eu/search/20000 ), mined on May 1st, the total number of emitted coins was about 350k or about 3.5% of the total coins that exist today. So, 3.5% of the coins that exist were mined during the period of the crippled miner when a few folks (such as DGA, who is not a member of the development team) were mining with optimized miners. Around May 1st the optimized miner was made public by NoodleDoodle and other members of the actual dev-team that took over the coin from TFT.
Compare that with DASH, where around 1/3 of the coins that exist today were mined in the first 48 hours or so, and I think it's pretty plain to see which coin had the more fair launch. (This is not to mention the fact that there was zero windows clients and a promise to relaunch made by the Xcoin developer, while hundreds of AWS and DO nodes mined away). 33% of available coins mined in 2 days, or 3% of available coins mined in a few weeks - I don't think it's much of a comparison.
(This is also not to mention the fact that DASH/Darkcoin/Xcoin switched to a quasi-PoS system after their botched launch, allowing large holders to just sit on their coins and grow them, which is obviously not the case for Monero, which is pure PoW, where owning a chunk of coin doesn't allow one to do anything but dump it on an exchange.)
Top post jwinterm. Facts, not FUD.
Thank you for digging this post up. Mastermined can now come back and try to spin things to death about the "scam" that has happened with Monero when clearly Dash is no saint and in fact likely is the equivalent of the devil's favorite demon coin with shady launches, broken PoW algorithm, rebranding to distance itself from its shady past, and the addition of quasi-PoS system etc..
...
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
There's perfect, there's scam, and everything in between. Monero is a helluva lot closer to perfect than DASH/Darkcoin/Xcoin could every hope to be.
You can look on the block explorer and see the amount of coins emitted at any block. For instance, by block 20000 ( http://moneroblocks.eu/search/20000 ), mined on May 1st, the total number of emitted coins was about 350k or about 3.5% of the total coins that exist today. So, 3.5% of the coins that exist were mined during the period of the crippled miner when a few folks (such as DGA, who is not a member of the development team) were mining with optimized miners. Around May 1st the optimized miner was made public by NoodleDoodle and other members of the actual dev-team that took over the coin from TFT.
Compare that with DASH, where around 1/3 of the coins that exist today were mined in the first 48 hours or so, and I think it's pretty plain to see which coin had the more fair launch. (This is not to mention the fact that there was zero windows clients and a promise to relaunch made by the Xcoin developer, while hundreds of AWS and DO nodes mined away). 33% of available coins mined in 2 days, or 3% of available coins mined in a few weeks - I don't think it's much of a comparison.
(This is also not to mention the fact that DASH/Darkcoin/Xcoin switched to a quasi-PoS system after their botched launch, allowing large holders to just sit on their coins and grow them, which is obviously not the case for Monero, which is pure PoW, where owning a chunk of coin doesn't allow one to do anything but dump it on an exchange.)
Top post jwinterm. Facts, not FUD.
Thank you for digging this post up. Mastermined can now come back and try to spin things to death about the "scam" that has happened with Monero when clearly Dash is no saint and in fact likely is the equivalent of the devil's favorite demon coin with shady launches, broken PoW algorithm, rebranding to distance itself from its shady past, and the addition of quasi-PoS system etc..
...
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
lastly, monero was launched about 3 months after DASH yet it already has almost twice the amount of coins mined. seems like a highly inflationary ongoing instamine that gives an unfair advantage to those early miners.
my conclusion, there has never been a coin with a perfect launch including bitcoin.
There's perfect, there's scam, and everything in between. Monero is a helluva lot closer to perfect than DASH/Darkcoin/Xcoin could every hope to be.
You can look on the block explorer and see the amount of coins emitted at any block. For instance, by block 20000 ( http://moneroblocks.eu/search/20000 ), mined on May 1st, the total number of emitted coins was about 350k or about 3.5% of the total coins that exist today. So, 3.5% of the coins that exist were mined during the period of the crippled miner when a few folks (such as DGA, who is not a member of the development team) were mining with optimized miners. Around May 1st the optimized miner was made public by NoodleDoodle and other members of the actual dev-team that took over the coin from TFT.
Compare that with DASH, where around 1/3 of the coins that exist today were mined in the first 48 hours or so, and I think it's pretty plain to see which coin had the more fair launch. (This is not to mention the fact that there was zero windows clients and a promise to relaunch made by the Xcoin developer, while hundreds of AWS and DO nodes mined away). 33% of available coins mined in 2 days, or 3% of available coins mined in a few weeks - I don't think it's much of a comparison.
(This is also not to mention the fact that DASH/Darkcoin/Xcoin switched to a quasi-PoS system after their botched launch, allowing large holders to just sit on their coins and grow them, which is obviously not the case for Monero, which is pure PoW, where owning a chunk of coin doesn't allow one to do anything but dump it on an exchange.)
Top post jwinterm. Facts, not FUD.
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