I am sorry for all the retards on biz who spent +600$ on a DIY miner expecting "insane" rewards from the Skywire testnet but unfortunatelly you just got scammed.
This is only the tip of the iceberg when it comes to this project and I will expose them for everything they have been doing. From dumping coins on the market to faking almost every single promo they do.
Stay in this thread and contribute if you know something I am missing. Today expose this project as the scam it is.
Other urls found in this thread:
skycoin.net
skycoin.net
discovery.skycoin.net:8001
reddit.com
youtube.com
explorer.skycoin.net
bitcointalk.org
github.com
twitter.com
> People expecting stuff from the testnet
They promise that the miners pay for themselves in 3 months what equals about 200$ per month and now are telling people they won't recieve rewards during the testnet.
> Nobody said anything about being notified
The picture is self explanatory on this one.
Blog post url: skycoin.net
> DIY miners where never guaranteed to be whitelisted
The picture is also undeniable for this one
Blog post url: skycoin.net
I thought rewards already were issued and are being issued? I also don't see where he states they won't receive rewards in that image. Can you clarify?
i'm curious as to how this dude is not in jail yet
SEC is slow as balls and only strikes after it's obvious to everyone, so they don't get sued
Hey. So I also think that Sky is a scam BUT they gave the whitelisting dates for the official and DIY Skyminers in some of their "paperwork" that I found and to be completely honest it was clear to me that the rate of whitelisting official and unofficial skyminers meant that not all of the DIY skyminers will be whitelisted in the next decade. It was actually something dumb, and a first red flag to me. I don't remember the rate for the official skyminers but it wasn't "guaranteed".
I would have to dig for it, but I remember thinking that the official statements were not what was being said by the fucked up dev. The bottom line is: they are not completely wrong claiming what they claim but they DID lie and gave people false info.
> All the process is transparent
How the fuck does a waiting list in order to be able to take part on a "decentralized project" is even acceptable?
> Why don't they tell me my position on the waiting list?
Because there is none you haven't been whitelisted and you never will. just take your loss and move on.
> At least official miners are whitelisted straight away
Well you just paid 1 BTC for 600$ of hardware they have a lot of margin to make you feel like you are winning...
> But off that 1 BTC part of it is given back as a rebate
This is where things start to get more interesting and I will make another more complex thread about this in the future about this.
There was a waiting list in order to buy an official miner with about 3k people in it.
This scam artists pump the price to ATH in sats and start sending emails saying they have miners in stock.
Hey user here it is you finally can buy the miner you have been waiting for, it costs 1 BTC but you get a rebate in SKY and the rewards are "insane"
People are given around 1 week to buy the miner, during this time the price pumps even more
As soon as the timeframe to send the payment ends this shitcoin dumps 75%
The value of the rebate is calculated based on the price when the payment was sent
Give the buyers of the miner a few more coins in order to look like robinhood
They still profit like 4k with each miner
Are you awake now?
More to come tomorrow
Yes you can argue that they are whitelisting 50 miner a week but they are not and here is the proof.
By the end of May there were around 3k online nodes according to the official discovery address: discovery.skycoin.net:8001
They shipped 300 official miners which equals 2400 nodes
We are left with 600 nodes from DIY miners
Assuming that DIY miners have 6-8 node each it wold take way less than a month to whitelist every submission up until that point
We are almost in August this people haven't been whitelisted
They don't disclose the list to anyone
Moar please
Oh ok. I thought that they lied in their unofficial communications but were on schedule to whitelist these skyminers. What you describing sounds much much worse.
Thank you for clarifying it.
I haven't bought any Sky due to these and other problems. The skyminers were just a first red flag.
The biggest red flag for me was the organization that they proposed for their mesh networks. Every time when I asked HOW in the name of God they are going to connect continents I heard some rumblings and shit that made no sense. By that point I knew that this entire business had NO PLANS to actually run the mesh networks. None.
Today the topic is DIY whitelisting:
If you dig around on the Skywire telegram you will noteice that 90% of the people who say the recieved an whitelist email are heavy shills, friends with the team or have multiple accounts.
Conclusion: Skycoin is a scam and the whitelist is even more rigged that people think.
The guy on the ss wasn't an admin when he posted that.
Any computer can be added to the Skywire Public Testnet, set up as a node, and use the functions of Skywire. However, only a LIMITED number of machines will be whitelisted (including Official Skyminers and some DIY Skyminers as noted above) and receive rewards during the testing stage.
DIY Skyminers will be reviewed manually and approved weekly (50 per week) FOLLOWING the completion of the whitelisting process for the Official Skyminers. The date for DIY Skyminer submissions will be released in the near future, so stay tuned.
Both straight from the same website you referenced
skycoin.net
Hey guys, thanks for putting that thread up on Jow Forums and keeping it bumped. I'll send you all a bonus in sia later
Fuck. I wish I knew that I can make some money for that!
I did my research and I posted my questions before Sky dropped and before the entire "kidnapping" deal(that is also shady AF), and received no answers or some BS. I was not even asking questions about Skyminers because I was sure that the whitelisting will take too long for people to actually make any money from it.
I also don't understand why would Sia coin pay for Sky FUD?
They are competing but I would think that Nexus would be more interested in FUDing Sky.
> DIY Skyminers will be reviewed manually and approved weekly (50 per week) FOLLOWING the completion of the whitelisting process for the Official Skyminers.
The first whitelist emails to DIY miners were sent around mid July, considering that they only start whitelisting this miners "FOLLOWING the completion of the whitelisting process for the Official Skyminers" I think it is safe to assume that all the 1 BTC miners should be whitelisted by this time + 50 DIY. The math still doesn't look good for your side.
> The date for DIY Skyminer submissions will be released in the near future, so stay tuned.
The longer you can postpone this project being revealed as a scam the better right?
> Bonus
How does a company that claims to have developed a technology that makes every single other crypto project obsolete isn't even able to somehow automate the whitelisting process and is forced to do it manually?
Your turn
Calling this paid fud...
Just wait
Cant wait to receive my next payment in August
Scared of the real coin
I got paid for my official and DIY miner
It cant be automated since they need to make sure you pajeets arent just running your node on windows pentium 3 laptop
But sudo is a cunt
Pajeets can even check the blockchain and see the reward transaction
Those emails sent mid July were for the rewards in June. Assuming the process remained the same expect to see another batch of emails in August. If those numbers don't match up then I'll agree with you. Also there was 3.8k nodes up on May 31st so you conveniently left out around 100 miners. You type like a pajeet, how much SIA did they even have to pay you?
They may not be able to fully automate it but 50 miners a week?
> I got paid for my official and DIY miner
This is just a coincidence right?
I never denied the rewards being sent to whitelisted nodes, the question is who is operating those nodes.
How could someone read that and not know it's a scam? I don't it would even be possible to add more bs to that.
I am sorry for you but you were just baited.
The emails were sent in June not July, this means you should start worrying now and not in August.
Can you faggots please try harder?
reddit.com
Thread created on May 30. Comment in thread on May 31 states there are 4200. If each DIY has 8 nodes that is over a month of whitelisting. You actually did bait me emails were end of June got that mixed up with the rewards. So if no emails are sent in the next few days then you're right.
>10 SIA coins have been deposited into your wallet
youtube.com
I'm convinced that most of it is paid fud but I encourage everyone with real issues to pose his questions/present his problems to Synth during the upcoming AMA. Glad we have a dev who actually communicates with his supporters.
It's all speculation but as far as I understand the mainnet launch can take up to 8 months from now on, with the testnet running continously in the meantime. Sky had been really generous with its rewards structure so I find it possible that they try to lessen the amount to be paid to less committed supporters by delaying the whitelisting of the non-official miners. There can be many legitimate reasons for it, mainly not wanting to deflate the price of the coin that underwent a major dip, exists in highly adverse market conditions, and is the victim of an ongoing organized fud campaign. I'm convinced that the hardware will pay for itself and the non-official miners will be on the positive side of the deal in the end. Been following the project since 2016 and -while he does have a very unique personality that's not appreciated by everyone- I'm yet to see someone involved with sky getting failed by Synth.
yep. I unplugged.
"head of community management"
maybe they should hire a new guy
btw it doesn't even cost me 4$ to run my node, I just want transparency as I'm working for you cunts
Are you the guy Sudo is referring to in the first screen shot?
There isn't paid FUD only paid shills from the Skycoin team itself.
Pic related
This is the same guy that claimed you would only receive coinhours during testnet. Been fudding with misleading telegram images for several months now. Dedication is on point, can't wait to see what you come up with next
wtf are you talking about dude?
he's a skytard cultist
they believe that people are out to get them, and that anybody gives enough of a shit about their scamcoin to pay for "fud"
Sounds like pretty standard positive community building stuff to me, many folks feel strongly about sky and it's a small symbolic gesture expressing that the devs appreciate their enthusiasm and care about them.
I feel the same way and I like to discuss sky with enthusiasts and pessimists alike, even though I have no need of 6, 60, 600, 6000, 60000 or 600000 bucks to do so. In fact sky is the last thing keeping me in crypto, a market that fills me with more and more disgust every cycle. For some people sky is not about the bread.
That comunity isn't positive at all. Either you say what they want you to or you are insulted and banned.
They have and are, I'm in the Telegram group and I suspect OP built a DIY miner and is asshurt that they don't get the same priority that the official miners do.
Before the test net even started the admins said that DIY miners are first come first serve, they make less than the official miners, and they only whitelist 50 DIY miners a week.
They're coding the whitelisting function to be handled automatically for mainnet, which apparently isn't good enough for OP because he needs those coins right now.
Official miners are guaranteed priority.
What's there not to get? they can structure whatever economy they want for coinhours as a way to issue network resources.
>structure whatever economy they want for coinhours as a way to issue network resources
day of the powersurge can't come soon enough
The person he was replying to was asking about being notified of what position in line he's in. Which was not something they said they would do.
This guy is wanting them to update him every day as the 4,000th person to submit a DIY miner for whitelisting and they told him to fuck off until they build an automated tool.
This doesn't invalidate the announced 50 per week. You're just being disingenuous at this point.
>every single thing in that pic
Where were you when you realized mormons are a cult?
>is even acceptable?
Because it's testnet, the real thing isn't even off the ground.
>is none you haven't been whitelisted
Pic related.
>paid 1 BTC for 600$ of hardware
Dancing around market volatility is worth looking at deeper, that specific situation was before I took interest in the project.
That list is miners online right now. Some people have turned theirs off until they're whitelisted. The number goes up and down. Using that as a metric of how many are being whitelisted is unreliable.
The current internet uses underwater cables. Sky operators will either purchase bandwidth on existing cables or eventually lay their own cables. Sky is not strictly wifi antennas.
> They're coding the whitelisting function to be handled automatically
As another user said previously "It cant be automated since they need to make sure you pajeets arent just running your node on windows pentium 3 laptop".
The only way for them to automate the process is by simply not performing any sort of verification and whitelisting everyone who fills the form on their website (very complicated stuff sir we working day and night on it sir), any programmer with half a brain could write a scrip to do this in under 1h.
This leads me to belive that thay are blatantly lying again in order to keep the comunity quiet. Either that or the team is just incompetent.
My mouth is where my money is...
Or you can just take a look at the payout transaction.
205fc340007bd1c14192bb58ae448fb369158112392ead7e3969b62dc4016c55
All coins do stuff like this.
thnx for another heads up fren.
wont ever buy into skycock.
You fucking morons I never said he wouldnt get whitelisted are you fucking dipshits stupid? Learn how to read it will get you farther in life top kek at your idiocy.
Anyone who bought an official miner actually made a profit on it already. DIY whitelisting is taking a long time because of the huge backlog, but worst case scenario you have a few raspi pis to sell or use on mainnet.
If you can't stomach $200 of risk on a 7 year old project you should probably wait out this phase of crypto until its more normie friendly.
Yeah, I looked into a DIY one but the more I thought about the whitelisting and how retarded it was even to charge 1 btc even with the skycoin refund, it just all seemed more necessary than it needed to be so I stopped. Ill build one if a diy is ever earning on a mainnet.
Prove that it is 7 years old. Do it. Like really solid proof of continuous development.
Bump for scam awareness.
It's called github you brainlet
Why are lying you motherfucker? You are not in profit you are not even close to being in profit.
You bought a miner for 0.1 BTC and recieved a rebate in Sky (priced at 20$) equivalent to 0.9BTC.
Sky is now 5$ a coin how are you in profit?
You only recieved one payment of 96Sky for taking part in the testnet in June how are you in profit?
You are not in profit you lost all your money to a scam
bitcointalk.org
What do I win?
Same. This month puts me in the black for ROI.
>Crickets
What a surprise
Hey. I heard that answer before. The problem is that this answer is given as a possibility but where I could find an official plan or some kind of official statement that outlines this plan?
Another answer I heard is: maybe satelites(like Nexus) and that's fine, but I can't just trust your word if there is no plan laid out on how exactly it's going to go. I mean this is a simple question that should have been planned for from the very beginning. Like: we are thinking about contacting a Company X to lease the fiber or Company Y to launch our satelite.
The skyminers and all of that hardware is a step in a good direction, but the overall project seems disjointed and doesn't look like it has a solid plan. It's a lot of talking, that's for sure.
This is what I said as well. That the official version of the documents was stating this before so you are correct. But to be honest people were mislead multiple times on this subject.
bump
what the fuck are you talking about? testnets payouts have been given out. how the fuck is that a scam you retard?
>this dude is not in jail yet
he will be.
fuck you and your skam
HOW DARE THEY DO ANY PROMOTION!
THE
FUCKING
HORROR
I am saying you are not in profit how hard is it for that little brain of yours to understand that?
Search means rewards > investment.
What a jeet...
Top kek
So delusional and impatiently triggered
Go look at the git, no real commits until 2016
This thread makes the handicapped whores at Reddit look like gods. Well done OP you're inability to read properly has you broken you down to the little bitch you truly are. Learn to fucking read a sentence or open github before calling this heavenly project a scam. You spoke faggorty along with half of these pajeets in this thread
Says the guy screeching about cults and Scientology for three months straight, lol.
Ad hominem
Here's what happens:
>hey you fags, whitelist my miner now, token airdrop when?, moon when?
>wtf they banned me, why?
More like:
> Can you guys explain that kidnapping story?
> What is there to explain are you retarted?
ban
Or the third option that you're not thinking about is that they're building a benchmarking function in to the software to validate that certain specs are met.
One of the purposes of the testnet is too define those required specs.
>not having your Skyminer and antenna hooked up to a surge protected battery backup for maximum uptime even through storms and blackouts
>hurr real commits
You do realise that you have to design things? You don't just start typing and hope it runs
Feel free to look for yourself
github.com
Why would you add R&D and internal tests to Github?
Lol, we're getting to the core of your issue, weak hands.
You don't know that he didn't sell at $40.
It's up to node operators to decide what methods of transferring data are the most feasible. Think of the official miner and antennas as more of examples rather than the end-all solution.
No you stupid faggot, it does not take this long to get a completely permissioned network out. So if they were waiting and designing for an actual free and fair network they would do what every other project that is doing this is doing and it publicly making commits, publishing designs and architecture and then putting out an unpermissioned token.
You guys are stupid street shitters that have never written code if you think that it takes 5 years (how long the git has actually been up for) to get out the horrible network that they have right now.
I also hope that you realize that TOR and VPN code is literally copy and paste shit that has been open source for years. They just put in their name and send you fags software so the nodes connect and that is it. It would maybe 1 day for two people to do.
>official statement made
>interviews on the topic given
>police report provided
>wft why won't the Telegram group spoon feed me?
>permissioned network
You know that's like 7% of the project, right?
Dear mastermind Skycoin inverstor,
Do you mind explaining to me how on earth would he sell his SKY at 40$ after buying them for 20$ a piece but only actually receiving the rebate when they are worth 5$ each?
Is this the average IQ of a SkyScam investor?
That is the 7% you paid 1 BTC for...
Because you're confusing reward with rebate which are two separate things.
Rebate at purchase.
Reward as testnet goes on.
You're like that lady in that viral video that is yelling to the staff at Burger King that she wants a Western Bacon Cheeseburger and can't comprehend that they closed 20 minutes ago.
You are fucking retarded...
People didn't recieve the rebate at purchase, the rebate was send to everyone at the same time about 2 weeks after the purchase of the miner.
No, one Bitcoin was paid for some sky at an agreed upon rate and an easy to build miner. That one Bitcoin also goes to support the general development of the project.
You get that this is a speculative project and not ordering a desktop from Dell with a warranty and 24/7 phone support, right?
Close enough to what I was saying. Generally at time of purchase.
My point still stands.
Did you even buy a miner?
Prob not as you are not even aware of how the rebate coins were distributed.
I am starting to think you are just a jeet who bought 3 SKY on Binance.
>23 posts by this ID
lmao, saging and hiding this ragie thread
Serious question, if they want a large net, why would they care where the nodes come from?
It almost looks like they are only interested in selling pseduo-cargocult-mining rigs.
You are right I am out.
See you Skyfags at 0
Nah, I'm DIY.
Because the network uses storage, bandwidth and processing. 100,000 Pentium 3 desktops out in India aren't helpful for testing nor are they a wise use of funds.
I'll pay a dollar above the market rate to get your coinhours.
lmao
Benchmarking a testnet you dont want a ton of badly performing nodes thrown together to game rewards. In mainnet rewards will be linked to performance so shit nodes will just be unprofitable.
No?