My response. I am willing to compromise since I still want this shit to work. Mind you at this point we aren't even trading on an exchange yet.
Topic: Why I left HyperFund - Grab Popcorn - Greedy Dev - Screenshots Inside - page 3. (Read 3479 times)
May 31, 2014, 01:44:36 AM
Now because I said NO to him having a copy of the wallet (for obvious reasons) he shrinks the fund down.
My response. I am willing to compromise since I still want this shit to work. Mind you at this point we aren't even trading on an exchange yet.
My response. I am willing to compromise since I still want this shit to work. Mind you at this point we aren't even trading on an exchange yet.
May 31, 2014, 01:42:33 AM
negotiating conditions....he wants a copy of the wallet.dat for the fund (DAFUQ!)
My response
My response
May 31, 2014, 01:40:21 AM
He replys...decides on Option B
Negotiating Fee
Negotiating Fee
May 31, 2014, 01:38:09 AM
First Contact
Response
First Proposal
Response
First Proposal
May 31, 2014, 01:35:42 AM
So as many of you know by now, I am no longer managing the Hyper Fund.
I am a man of integrity so I will do the community the service and let everyone know what happened with the fund.
Background
As you guys know, Hypercoin ninja-launched on May 25th 2014. the concept looked interesting, as I am a fan of MMOs.
I decided to rent some hashing power ASAP, as the mining period was short and I didn't want to miss out on grabbing some coins. The OP mentioned that there was a 2.5 percent premine for development of the coin. I had no problem with this because I assumed the premine was 2.5% of the total PoW coins to be mined, which was around 3 million. The means the premine should have been 75k Hyper. When I fired up the client, a quick getinfo command revealed that there was over 1.5 million coins in existence.
It turns out that the Hyperfuture gave himself a 33% premine. Something that he "failed" to mention. Since I had already spent hard-earned BTC on renting miners
I decided to help out the community by volunteering my services. The coin came under fire for having such a huge premine. I offered to take a portion of the coins and run the fund. This way the dev isn't holding a ton of the premine, in case this turns out to be a scam (more on that later).
Hyperfuture mentioned my involvement in the coin which probably made people feel more confident in the coin. You see, Hyperfuture has no rep or credibilty. But I do, so he basically used me to give his premine legitimacy.
The following are the PMs we sent back and forth, from the first negotiations to him basically deciding to keep all the fund to himself.
I am a man of integrity so I will do the community the service and let everyone know what happened with the fund.
Background
As you guys know, Hypercoin ninja-launched on May 25th 2014. the concept looked interesting, as I am a fan of MMOs.
I decided to rent some hashing power ASAP, as the mining period was short and I didn't want to miss out on grabbing some coins. The OP mentioned that there was a 2.5 percent premine for development of the coin. I had no problem with this because I assumed the premine was 2.5% of the total PoW coins to be mined, which was around 3 million. The means the premine should have been 75k Hyper. When I fired up the client, a quick getinfo command revealed that there was over 1.5 million coins in existence.
It turns out that the Hyperfuture gave himself a 33% premine. Something that he "failed" to mention. Since I had already spent hard-earned BTC on renting miners
I decided to help out the community by volunteering my services. The coin came under fire for having such a huge premine. I offered to take a portion of the coins and run the fund. This way the dev isn't holding a ton of the premine, in case this turns out to be a scam (more on that later).
Hyperfuture mentioned my involvement in the coin which probably made people feel more confident in the coin. You see, Hyperfuture has no rep or credibilty. But I do, so he basically used me to give his premine legitimacy.
The following are the PMs we sent back and forth, from the first negotiations to him basically deciding to keep all the fund to himself.
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