XCurrency (XC) BlockNet community thread - page 12.

URSAY

legendary

Activity: 1974

Merit: 1010

Quote from: UnicornFarts on February 09, 2015, 03:37:24 PM

Yeah ... I just think that they are going to have a really tough time unloading much more now that things are out.

It looks like a highly planned move to me. First move to slack because of "trolls" just right on the heels of the SEC starting to look into people and right after dumping the XC premine.

Keep the blocknet open in hopes they can pump it enough to dump into it then move to slack.

The more value these things lose they better it is. SEC is much less likely to investigate something doing $400 a day than something doing $40,000 a day in volume.

Get volume low, quietly retire to slack. Never kill it - just never spend time with it. Pretend like you are until everyone has lost interest due to low volume etc

Dan can't legally be paying himself for any of this "work" with his tax liens. However, he can funnel funds thru his LLC somehow?

URSAY

legendary

Activity: 1974

Merit: 1010

I wonder when XChat will be solid. You know...XC's first feature. Oh riiiiight. The BlockNet is groundbreaking and there is no more time for XC. When's the next IPO or fundraiser? Perhaps we could just hold a charity event for Dan and his family? LOL. XD

UnicornFarts

full member

Activity: 154

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Yeah ... I just think that they are going to have a really tough time unloading much more now that things are out.

It looks like a highly planned move to me. First move to slack because of "trolls" just right on the heels of the SEC starting to look into people and right after dumping the XC premine.

Keep the blocknet open in hopes they can pump it enough to dump into it then move to slack.

The more value these things lose they better it is. SEC is much less likely to investigate something doing $400 a day than something doing $40,000 a day in volume.

Get volume low, quietly retire to slack. Never kill it - just never spend time with it. Pretend like you are until everyone has lost interest due to low volume etc

URSAY

legendary

Activity: 1974

Merit: 1010

Quote from: UnicornFarts on February 09, 2015, 02:14:50 PM

Quote from: URSAY on February 09, 2015, 02:10:17 PM

Dan, have you figured out a way to launder all those funds yet so you can pay off some of your tax liens? Do you think the SEC and IRS read bitcointalk? Oh right. Is that why you moved to Slack?

*Ding* *Ding* *Ding* - we have a winner.

I don't think there's enough volume with $400 - $500 volume between both

Don't forget, with XC they admitted to selling into everyone the whole time. Just don't call it "dumping". AAAAhahahaha. They prefer to call it graceful selling. The pre-mine was quietly sold off. "Software development" means coin mixing research and utilization so the team can pay lawyers in the near future. But judging from Dan's past financial mistakes, he may not have the foresight to save for something so practical.

UnicornFarts

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Quote from: URSAY on February 09, 2015, 02:10:17 PM

Dan, have you figured out a way to launder all those funds yet so you can pay off some of your tax liens? Do you think the SEC and IRS read bitcointalk? Oh right. Is that why you moved to Slack?

*Ding* *Ding* *Ding* - we have a winner.

I don't think there's enough volume with $400 - $500 volume between both

URSAY

legendary

Activity: 1974

Merit: 1010

Dan, have you figured out a way to launder all those funds yet so you can pay off some of your tax liens? Do you think the SEC and IRS read bitcointalk? Oh right. Is that why you moved to Slack?

URSAY

legendary

Activity: 1974

Merit: 1010

https://www.youtube.com/watch?v=1-mU-YSk32I

UnicornFarts

full member

Activity: 154

Merit: 100

Wow ... #79 on market cap.

I'll always wonder if all those people in the XC thread when I was trying to bring up warnings were just sockpuppets of the ringleaders. Or actual real accounts yelling about how it was a good idea to trust closed sourced software for crypto privacy Roll Eyes

URSAY

legendary

Activity: 1974

Merit: 1010

Pump it pump it. Dump it dump it. Do it with a tax lien. Rinse, repeat, while laughing.

Could make a catchy chorus don't you think synechist?

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: Propulsion on January 27, 2015, 06:36:20 PM

Quote from: illodin on January 27, 2015, 06:34:15 PM

This one seems dead.

It does. RIP xc/blocknet (and all other scamcoins created by outsourcing from Dan M) January 27th, 2015.

Luckily, I figured out XC was crap before it fell apart. I was such a big supporter at the start. I feel kind of stupid about it now.

URSAY

legendary

Activity: 1974

Merit: 1010

If the "official" BlockNet thread is gonna get bumped then we bumpin' this one also.

Quote from: richwang on January 30, 2015, 07:04:13 AM

Quote from: synechist on January 27, 2015, 03:18:40 PM

Quote from: illodin on January 27, 2015, 02:44:59 PM

Quote from: illodin on January 27, 2015, 02:55:47 AM

How's the decentralized exchange coming along?

Anyone know the status of the decentralized exchange?

No news yet, other than that work is ongoing and progress has been made.

Please send out the detail plan.

00Smurf

sr. member

Activity: 476

Merit: 250

Quote from: Propulsion on January 27, 2015, 06:36:20 PM

Quote from: illodin on January 27, 2015, 06:34:15 PM

This one seems dead.

It does. RIP xc/blocknet (and all other scamcoins created by outsourcing from Dan M) January 27th, 2015.

People were warned, and all evidence was there, yet people ignored it and decided to slander the ones trying to help.

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: illodin on January 27, 2015, 06:34:15 PM

This one seems dead.

Could be.
It will be pretty interesting if and when it gets open sourced though.

Propulsion

hero member

Activity: 658

Merit: 500

The Buck Stops Here.

Quote from: illodin on January 27, 2015, 06:34:15 PM

This one seems dead.

It does. RIP xc/blocknet (and all other scamcoins created by outsourcing from Dan M) January 27th, 2015.

illodin

hero member

Activity: 966

Merit: 1003

This one seems dead.

adhitthana

legendary

Activity: 1190

Merit: 1000

Is there any update on when it will be open sourced?

adhitthana

legendary

Activity: 1190

Merit: 1000

The thing about XC is that we know that talented developers are involved and that they are working an a very cool idea anonymity wise.
I have no doubt that the team is quite capable of providing groundbreaking mixer technology. Maybe they will maybe they wont.
M'eh...we will see

URSAY

legendary

Activity: 1974

Merit: 1010

Holes everywhere.

URSAY

legendary

Activity: 1974

Merit: 1010

Quote from: UnicornFarts on January 27, 2015, 02:15:09 PM

It's not odd at all to me.

Transparency as a value is 100% shunned by Blocknet In favor of "nniceness" and tickled ears.

Great find. Lot of things make more sense.

http://www.irs.gov/irm/part5/irm_05-017-002.html#d0e454

5.17.2.6.5.1 (03-27-2012)
Securities

This "superpriority" protects the purchaser or the holder of a security interest in a "security" who at the time of purchase or at the time the security interest came into existence did not have actual notice or knowledge of the existence of the federal tax lien. IRC § 6323(b)(1). The Code defines securities to include money, stock, bonds, debentures, notes, negotiable instruments, and various other types of interests. IRC § 6323(h)(4) .

A subsequent holder of a security interest is also protected if the prior holder did not have actual notice or knowledge at the time the security interest came into existence. An illustration of the intent of this paragraph is the case where "P" , without actual notice or knowledge of the existence of a tax lien, purchases a security from "T" , the taxpayer, after a notice of lien has been filed. "P" is protected under the provisions of this paragraph. If "P" thereafter sells the security to "C" , who at the time of such sale has actual knowledge of the existence of the lien, "C" is also protected against the tax lien. See Treas. Reg. § 301.6323(b)-1(a)(2), Examples (1) and (2).

UnicornFarts

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It's not odd at all to me.

Transparency as a value is 100% shunned by Blocknet In favor of "nniceness" and tickled ears.

Great find. Lot of things make more sense.

Topic: XCurrency (XC) BlockNet community thread - page 12. (Read 29233 times)