Topic: $XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet - page 3. (Read 150190 times)

The burn exchange for Sapience AIFX begins November 1 and ends November 30.

We are redeeming every 1 XAI burned with .75 BARR, at an estimated value of 7500 satoshis per XAI.

Here's the topic:  https://bitcointalksearch.org/topic/ann-barr-the-only-cryptocurrency-where-no-ones-ever-lost-money-1219460

Joe is active on facebook
https://www.facebook.com/joe.mozelesky

Actually, now that you mention it, it might be funny to use Earlz's burn addresses to burn Fractalcoin. 

I know less about that than you.

Actually only did an educated google search.

Hoped it helps somehow.

It's funny that you should link to earlz.net.  BARR is offering burn redemption for Sapience because the dev disappeared after a few months.  Earlz was the dev for Fractalcoin, and BARR is also offering burn redemption for Fractalcoin because Earlz disappeared after 2 months.  But FRAC had a tiny premine compared to Sapience, so it's not as bad.  And at least Earlz came back eventually, and offered to update the wallet if someone paid him. 

We will probably have to use burn addresses instead of OP_RETURN, because many users will be sending their coins from exchanges.

Check this out:

https://en.bitcoin.it/wiki/Script#Provably_Unspendable.2FPrunable_Outputs

https://en.bitcoin.it/wiki/Technical_background_of_version_1_Bitcoin_addresses

https://www.google.de/search?q=provably+unspendable+address+site:bitcointalk.org

http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses

HTH 

Everyone will have the choice to exchange their XAI for a new coin with a purpose and a future.  We don't want to rush it, but we don't want to wait too long either.  Hopefully we'll launch by November, and we're trying to line up as much support as we can. 

There is no pre-sale or ICO, so the only help we need is some reasonable buywalls on the exchanges;  some people just want to get rid of their XAI and don't care about the new coin.  So we can put up buy orders, they can sell us their XAI, and then we'll burn the coins ourselves.  That way people won't have to go to the trouble of exchanging their coins if all they want to do is dump them anyway.  And then we won't have to worry as much about people dumping the new coin, since the people redeeming coins are the ones who didn't already dump.

We will verify the burn transactions before transferring the new coins, and we will be sure to watch the Sapience "ICO Burn Address":

http://www.blocktree.io/address/XAI/AFmseVrdL9f9oyCzZefL9tG6UbvhPbdYzM

Joe Moz says that the coins at this address are unspendable, but it doesn't look like an actual burn address.  So if those coins ever move, we won't accept them as valid.

Yoga.. hmm this guy is quite the buddhist isn't he? I'm looking forward to the new initiative, please keep us updated. Maybe our XAI will not be totally lost.

We're planning a new coin that will accept struggling altcoins as Proof-of-Burn.  We're planning to offer Sapience as one of our launch coins. 

The goal is to absorb as many coins as we can, and clear out the cluttered market.  If you want to keep your XAI, you can.  But if you want to exchange them for a new coin, your coins will be burned so nobody can ever pump and dump them again.

It's the same concept as forking a coin or transferring coins to an upgraded blockchain, except we're moving coins to the new blockchain from multiple old blockchains.  Right now we're looking at using the NXT Monetary System, although some people think it would be better as a NXT asset. 

I'll post here with updates. 

Yes, he planned the whole thing. I don't believe he is a dreamer, just an outright scammer and pathalogical liar. Joe Mozelesky had several scams running at the same time. His use of technological language to deceive and obsfucate reminds me of this fake bomb detector scam: http://www.bbc.co.uk/news/uk-29459896

We need to be vigilant in crypto, it easy to fall prey to predatory scammers like Joe Mozelesky.

Websites are offline. You are no where to be seen for over 3 months and chose to disrespect us. I was really hoping you were an honest, hardworking individual. But after you started babbling about dark-phones i started selling little by little... it was clear you were dreamer and not realist.
That was really stupid way to hype your coin by the way... nevertheless i thought you were clumsy and seemed goodhearted so still gave you benefit of the doubt... but now i believe you planned everything.
 
Lets see how much that couple of thousand dollars you scammed off of people will contribute you in your life. Hope it was worth it for you sir, have a nice day and i hope you and your loved ones will endure the same treatment in your lives as you have treated us here on btc.
I also was in crowdfund of Ethereum and thank god i did .... Ever looked at that little shit Vitalik Buterin? Look at his Facebook, follow his twitter and see how a real man handles his business.

And now what Joe?... quotient... sapience... whats next?    how about "Stringcoin" STRC or something.... sounds all scifi and techy eyyy?
 

It would seem that runpaint's trolling is more wide spread than i originally thought.

If it's fake, it was set up 2 years ahead of time in 2012.

https://www.youtube.com/watch?v=HeuYSqSu3zE

Maybe Sapience was developed by someone else and they used Joe as a front, or maybe Joe was never his real name.  But it's possible that Joe himself is the deadbeat dev who came up with big promises, pumped, dumped, and then disappeared. 

Either way, the community is moving forward with Quotient and we can move forward with Sapience too.

Guys. The LinkedIn is fake. The dude is a paid actor. Watch the vids, you'll see him reading a manuscript and not really knowing what he's talking about...  Like repeatedly saying "and what not"

The Dev that got away

Yea who cares about being scammed, at least leave the forum up. 

Both the main website and official XAI / XQN forums are now not loading. 

Joe looks like a sex offender.

No.  There is so much wrong with that, it's just not true.

You think you're in altcoins to take other people's money and be the winner while someone else is the loser.  But any market that works like that cannot survive, and that's not what I do when I trade.

In every industry, manufacturers buy raw materials.  The people selling the raw materials are selling for more than it cost them, so they're making money.  The manufacturers are buying the materials for less than they could buy anywhere else, so both parties are getting a good deal.

Then the manufacturers take the raw materials and make a product, and they sell it for more than it cost them to make.  People buy it for less than they could buy it anywhere else, so they're both getting a good deal. 

That's what the point is.  Not to profit at someone else's expense, like you are trying to do.   

Even in stocks, it's not true that "someone always loses".  Your ideas about the world are just weird and wrong. 

Companies sell stock to raise funds, so that they can invest and increase profits.  People buy the stocks, and if the company does increase profits then people can sell the stocks for more than they paid.  Then the people who bought the stocks from them can get dividends and continue to make money.

It works the same with cryptocurrencies.  People bought Bitcoin for 10 cents, and they sold it for 1 dollar.  The people who bought for 1 dollar sold for 3 dollars.  The people who bought for 3 dollars sold for 10 dollars, and those people sold for 30, and those people sold for 100, and those people sold for 200. 

People kept making money every step of the way. 

So you're wrong when you say "someone is always stuck holding the bag".  If you sell for less than you paid, you're probably doing it wrong.   

If your coin loses value, then you can buy more if you want.  Or you can help by participating in the community and contributing to the coin's development, taking an active role in the success of your investment.  Or you could just wait for someone else to do it. 

Or, you could buy a coin, sell it for less than you paid, and then insult the people who didn't willingly take a loss.  But there's not much profit in that.




No, but you were criticizing me for buying the coin and wanting the price to go up.  So I just pointed out that you did worse already.  If I do sell some XAI - which I haven't - I won't go and try to ruin the price for the people who just gave me their money.



Exactly.  By your logic, if Joe reappears and the price skyrockets, then YOU scammed HIM.  Pretty stupid, isn't it?  So stop thinking that way.

The coin exists, and I'm doing something with it.  You're not involved with the coin anymore, but you want it to fail.  What do you call that?