Topic: What the hell is this? (Read 2091 times)

Can you link all your IRC evidence? Or doesn't IRC have a #TCPOHA channel?

Nice thread, very interesting insights

gold

Just let me know, the name is yours for the asking, kid.

You're lying because for one thing the forum names I reserved are only held by me (no cabal, no IRC anything) and for another they are all open to be given to the original user of the name at no cost, including you. Please explain how that is a stunt.

So stop making shit up.

I'm glad we've come to an agreement. Do be sure to let me know when you want the steem account I reserved for you.

It was not an instamine. Unlike well known instamines such as Dash, coins were not mined instantly or at an accelerated rate due to any kind of flaws in the code. They were mined at a almost exactly a constant (but fast) rate, as designed and stated in the white paper. That's a fastmine, not an instamine.

Also, I'm not "involved" in any meaningful sense, I just mined it. If anything my presence as an independent outsider demonstrates that it wasn't entirely rigged.

Premine? No. Steem was not in any way a premine.

Fastmine sure. (Only qualifier there is that it has unlimited supply and mining so eventually even the initial fastmine will be diluted, but it will take a long time.)

I have no agenda smooth, other than to expose you for what you are.. Combine my previous post with anonymints admission that you influenced/hoodwinked him into making statements which suited your interests, then the picture gets even clearer..

The situation with jc has been discussed on the forum many times and is off topic here...

It wasn't an instamine; coins were created at the specified rate and nothing happened to create a big chunk of coins instantly (difficulty adjustment was excellent). It was certainly a fast-mine, with a large chunk of coins mined in a week. It had barriers put up to participation, and yet at the same time everything was fully disclosed, including that fast that there were deliberate barriers put up.

I've stated all this on the Steem thread BTW. People can make up their own minds whether to support it in any way, I'm not out here selling it. Given the clear disclosure and distribution according to the stated schedule I don't see anything even remotely fraudulent. "Unfair" perhaps (and only perhaps because "unfair" is so subjective), but fraudulent, no.

Oh, I see, your agenda is that you're one of those Vanillacoin/Vcash retards who doesn't accept that your dev stealing Bitcoin's code and lying about it makes both him and the coin worthless pieces of shit, and you hate that I'm one of the people telling people about it. Can't fix stupid.

Yeah a larimer scam with huge instamine by the devs.. except smooth not shouting scam because he's invested.. says a lot about smooth's Integrity, or better, the lack of it

Larimer & gang ?
It sucks being the only guy to recognize the sheer brilliance of his parent project..
Memory Coin.
I have for years called it the most advanced & intelligent scam coin ever created.
And it was used as the spring board for PTS and all the other shit projects from the same crew.

FreeTrade posted PTS and kept discussing it as his coin for 10 pages on the ANN
then when i badgered him about how his MemoryCoin antics and it's design was a black eye
he switfly distanced himself from PTS and said he had nothing to do with Protoshares
and he simply "Posted" it.. with was OBVIOUSLY a bold faced lie.
And of course before he did that he went off on me calling me a Troll FUD'ing 

Do you all realize how many times i have been called that then have the guys admit it ?
Gliss with CoinmarketCap did the same exact thing !

Change names ..make more schemes ..cash out $$$

PS:
Don't forget to BRAG about your money / profits to the poor people.

Factual account:

It was announced in public on an ANN thread at launch, the full source code was released. There were no real instructions and no binaries. No real feature list was provided, nor development plans. You had to figure it all out on your own. That was done deliberately to give the developer an advantage in mining, and they said so on the thread. Later the dev wrote a blog post about it.

There was one relaunch after the first few days, and it is disputed whether was shenanigans or not (someone accused the devs of doing it because the devs' miners crashed and others got to mine too much; the devs claim a serious bug required it and this is verifiable in github). Even if it were, the devs didn't get much of an edge from it, if at all, since the relaunch was announced in advance and the same conditions as above applied to the relaunch as well.

If you were able to figure it out, you were on a level playing field with the developers, and it ran as pure PoW with flat mining rewards for a week. Pure PoW then continued for three weeks with declining (but still good) rewards before switching to a hybrid system with 90% DPoS, 5% PoW, and 5% runner-up DPoS (meaning those who aren't voted in to the witness set still get to produce blocks occasionally; if you just vote for yourself this is somewhat like PoS). At some point during the month, when the devs had mined as much as they wanted, they turned off their miners and let others mine at reduced difficulty.

I had no inside information or affiliation with the devs and I was able to mine a good chunk (roughly 1.5% of the total), but still the devs mined probably about 80% as their plan worked as intended. If I hadn't made one logistical mistake (my own fault -- no way to blame the devs for it), my stash would be about 3-4x larger.

Steem is just another Larimer scam.  Nobody is going to end up using it.  The Larimer Gang pulled the same stunt with PTS mining.  I know, because I was mining PTS from day one and there were several people complaining about not being able to connect to the network.  Nothing the Larimers are involved in is fair.  The only blockchain-based social media network that will be of importance is Synereo.

I am obviously intrigued.  I also immediately see a lot of voices crying foul over a flawed distro scheme and its hard to discern what happened.  Was it just difficult to mine at first, leading to the devs mining a lot, though fairly?  Were there honestly no shenanigans similar to Dash or Vanillacoin? 
 

A blockchain-based social media platform, somewhat resembling reddit:

https://bitcointalksearch.org/topic/steemitcom-blogging-is-the-new-mining-1466593

I also have several questions.  What the hell is steem?  And why would anyone mix up smooth's level-headed analysis for my shallow bimbo bluster? 
 
Also, it's nice that I'm important enough to be a 'monero person of interest' now.  Imagine my shock at clicking this and seeing my name randomly.   

"Whatever man" = yes I'm obviously lying, but I don't care because I'm a disturbed troll with a serious mental disorder.

I don't hate you, I feel compassion. Get help.

Whatever man, you're a bribing dishonest scumbag

Er, no. I paid him to find vulnerabilities in Monero which he posted about many times (though none particularly serious -- still useful effort).

So like I said, read the link above, do some introspection, and get help. You are mentally ill.