I'm not a whale, I abused a bug on binance and spammed the lowest amount for withdrawals into my account, siphoning 17 million coin hours into my wallet in 2 hours. I only had 150 SKY, not 150k. I sold my 150 SKY and do not plan to re-enter the project. I talked to the Skycoin team and they have no plans to fix the bug, one actually told me "that's just the way it is". You can't get as many as you could when I did it, but you can get still a very large amount for what it's worth. This throws the enter sky economy into a tailspin because now skyminers do not have enough incentivization to run nodes and holders of the Skycoin are making pennies per day due to the devaluation occuring of the coin hours by many people still spamming binance withdraws and getting millions of free coin hours which would actually take years to accumulate the legit way. I am exposing Skycoins gross incompetence on this matter. The entire project is now dead on arrival. There will have to be a reset of coin hours which will spark outrage in the community, if not the coin hour spam whales will drive down the price of coin hours when they go live on an exchange to prices so cheap it's be basically free. At the moment, Coin Hours are technically worth $0.00005 or $0.40 per 7,800 via 0.02 SKY spam withdrawls on binance. This has been going on for days. The entire Skycoin economy is broke now with Coinhours being unlimitedly free and having near zero value. We're waiting for your response Synth...
Sky Whale Here, Remember Me?
tellin on u
don't have to, about to post this everywhere, the people have to know
Lol this is jeff
Hes insanely moronic and uses tails.. presumably because his crypto career consists of online drug orders and 24/7 fapping.
He asks some really stupid questions. Very hyper little boy that will send 10 to 20 messages back to back. I seen this shit first hand and wondered how anyone was handling him lol...
I KNEW IT
This is the kind of incompetence i'm talking about. This guy is from the Skycoin team and this is what they do when you bring up serious bugs that could ruin the project. This is a PERFECT example i'm glad he posted it.
The fuck is going on in here is op just a larping faggot or what? Was about to put a large buy order on sky
Yes larping faggot very very annoying one
This only works because the exchange wallet for Cryptopia had been accumulating hours for a while. Exchange setups in the future will probably use multiple wallets to manage coinhours.
Your scenario doesn't invalidate the subcurrency economy.
This is the co-founder of Skycoin Steve, he's COFOUNDED Skycoin with Synth and he doesn't give a FUCK about the project. Seriously, dump all your SKY now. They are incredibly unprofessional and I feel like an idiot for buying in to this project now.
he says ubuntu
no one intelligent enough to do this would snitch on themselves. fuck off larper
Doesn't matter, it devalues the price of coin hours and irreparably harms the project because now forever people will know there was a time when you could get nearly unlimited coinhours for basically no cost in a several hours, who the fuck is going to pay for that???
This chronic masturbator thinks I'm Steve lololol
he pretends he isn't steve but him and Synth have both talked to me and told me they don't give a shit about the bug and that coinhours are supposed to be free. When you invest in SKY and think you are getting 'passive income" it's absolute bullshit. The skyminer amount they give you is pennies and so is the coins per hour in your wallet. It's all worthless folks.
public key bitch or lying faggot
nvm OP confirmed faggot who doesn't even gno how UTXOs work, let alone coin hours.
you can't view coin hours on the explorer as far as i know
But there wasn't an unlimited amount. You just got 25% of the coin hours for some coins that had been in that wallet for quite some time.
its ok this coin is like a charity for decentralized internet not greed
Only someone with severe autism will post back to back enough times to fill a screen on multiple occasions.... confirmed 16 year old drug addicted fapper ordering drugs on tails and doesnt know how linux works
Its up to the exchange to do something about this and the mechanics of the system already allows the exchange to prevent this from ever becoming a problem. Whether or not an exchange avails themselves of this opportunity is their fucking problem. This kind of thing cant effect the economy anyways because the number of Skyhours generated per hour are the same no matter where the coins are located. Locked Skycoins do not generate Skyhours.
nigger you keep posting that picture and deleting it
trips, and he doesn't even gno what a UTXO is leave the pajeet to poo in street
oh don't worry i'll be using the coin hours for internet if there ever is one, but i just won't buy into skycoin because the devs are incomptent. if you're cool with the main spending currency for the sky economy being worthless then cool, buy more sky.
Dude what are you doing? You're supposed to be professional when you work for and represent a company. It blows my mind that you think it's cool to say this shit while you are on the clock representing this entire project. Unbelievable I can't believe they let you work for them, just goes to show how amateur this project really is.
This is just C grade concern trolling at this point.
lol get rekt larper
Says the guy using tails struggling to Install a wallet...
I'm just an observer to your rants the last 4 days in telegram pajeet boy... I'm flattered you think I'm Steve hes so buff I would totally be happy to be him. Do you want me to be Steve you larping faggot?
ok. so you dont think i have 17 million coin hours?
the wallet is incompatible with tails you derp. had to use ubuntu.
Who cares..... 17 million coin hours is jack shit little boy
8 posts.. you seem concered? i'm going to tell everyone how easy it is to spam binance withdraws and get easy coin hours. It's not like i'm lieing :)
You were told its incompatible by the admins you fucking pleb lol
This doesnt really make sense cause if it was worthless it wouldnt be the main spending economy. Maybe if its price was low you would just spend more of them at once. and as the supply goes back down then they would become worth more.
yeah the admin installed tails and had same error, are you pretending to be retarded?
of course you can still spend them, but generating them in your wallet is the poor mans way of doing it, if you want a lot of coin hours you just keep withdrawing 0.02 into your wallet and you'll get way more than you will by holding them the legit way. Everyone is going to do it and it's going to make coin hours essentially like monopoly money
Then when binance bans your account for exploiting their systems with funds in it your wallet your funds will no longer be safeu
Me concerned? No I'm geeking hard at your autism. This thread was posted in the telegram group and people are making fun of you lol
Hahahahahaha
Sounds like binance could set up their system to prevent that, but that takes some effort on their part. They might just decide to ban people who do this instead, and confisticate their balances.
The only retarded person here tonight is OP
Have a good one plebian I'm out I'm getting cancer
i have multiple binance accounts and none have funds on them
they can easily fix it but they won't because they don't care. all they have to do is increase the limit and/or fee
Thanks, Sky Fag.
That just doesnt make sense, only a certain number of coinhours can be generated per hour no matter where the Skycoin is being held.
11 posts? This is the skycoin team, everybody, incompetent as fuck.
all i can tell you is, if you want coin hours, you spam for them, you don't sit with skycoins in your wallet. you only need a few skycoin to use to spam.
that wont work though cause not everyone can spam for them, there wont be any left on the exchange.
they have plenty from the amount they generate every hour.
What if
then main net comes and coinhours all get reset. And you paid a fee to get them and you barely have any skycoin
now what do you do lol
oh yeah, i forgot about the withdrawal fee. i bet that gets expensive really fast.
Lol. I know OP.
Some drug dealer sold him an actual dime bag of human shit. He bought it and tried to smoke it. Then went on a “shill fest” posting as “sky user” and used a fucking guy fawkes mask.
Get rekt fag. The coinhours thing was from cryptopia back logs and it’s over now.
it would create chaos and crash the price because the entire community that spent years accumulating sky hours now will have zero and they'll sell their coins. but desu, it needs a reset and id be all for it. my 17 million coin hours are only worth like 850 bucks anyways. all they'd have to do is get binance to adjust fees/limit before too many people spam and then it wouldn't be so bad
I'm still flattered "I work for skycoin" lol I wish
it's not over, you can still get 7,800 CH for one 0.02 withdraw which is 40 cents for 7,800 = $0.00005 per CH which is stupidly cheap to even claim it's passive income
You thinking you know how much a skyhour is worth is the funniest part of this
thats because you were the only one trying it. as soon as some more people start doing it it will become unprofitable.
Gotta love this fud too. First, coinhours are worth nothing, total scam, THEN, they are the most important thing.
Nice 180.
who's going to pay more than 0.00005 per CH when they can spam the withdraw and get it for that price everytime? i don't know the price, but i know 0.00005 is the ceiling for CH
Nope. Doesn’t work.
don't worry im market dumping the 17 million as soon as they're tradeable
I just did it again to test a few hour ago, unless they just fixed it, you're lieing. anyone reading this can try it for themselves you just need 40 cents worth of SKY don't listen to this retard trying to protect his investment
Market dumping the 17 million
He just said he was keeping them for the internet hes losing blood to his head from all the fapping
It's not a bug you idiot. It's designed that way. If you give up your accumulated coinhours to send SKY from your wallet to exchanges to dump, someone should get a part of those, no? Or do you think it makes sense that the whole millions of coin hours just vanish? Or maybe Binance should keep for themselves? LOL
I think I heard your mom say your tendies are ready.
proof
16.5m dump 500k for internet if it exists
>he think 17 million coin hours is normal to receive in 2 hours
Lol the tendies are so ready
Twenty fucking three posts in his own thread.
>Sounds trustworthy.
Spamming withdrawals spams transactions. Each transaction burns 50% of the existing coinhours in the affected unpent outputs. This behavior can only reduce the global supply of coinhours faster than normal. Reduced supply means higher prices.
what do you want me to do, not answer questions in my own thread?
so my 17 million coin hours are gonna be worth a ton of money? sweet! cant wait to market dump! :D Thanks for the free money! brb need to spam some more
I haven't used SKY before. What the hell are SKY hours? Are sky hours = the amount of skycoin you have, or are the sky hours converted to skycoin?
How does the spam work? You just deposit and withdraw till you get the hours?
you generate sky hours per hour but the system is broke so you only get 1 coin hour per hour for each skycoin you have which is like nothing compared to how many you can get when you spam withdraws on binance. 7.8k per 40 cents you spend. so i stacked up 17 million in a couple hours and now i sold my skycoin and get to keep the coin hours. it's awesome i hope they are worth more than $0.00005 but i doubt it
I have no idea what's going on here, but it looks like some fucking CONCENTRATED effort at shitting on OP here. sounds exactly like the first guy from a new ID which only makes me wanna try this more.
I'll be back with results
Is it the same as SKY that I'm seeing on CMC, or is this a different SKY?
Dude. I just figured out that you are transferring your own coinhours between wallets and burning half of them. Keep doing it. This is funny as fuck.
keep withdrawing 0.02 skycoins into your personal wallet and each 0.02 skycoin you send you'll get a massive amount of coin hours. they say it's not a bug, so it's a major design flaw that you can exploit for now until they wise up
This retard is spamming for coinhours but you have to transfer them out of the wallet or else he wouldnt only have 0.1 skycoin he would have more so hes burning coin hours himself from the looks of it
I think OP trying to win Skycoin's Retarded Jow Forums Threads Contest. C'mon, all of this to win 2 SKY. Pretty pathetic
Lol I'm not the only one who noticed that I'm so happy
you'll be able to sell coin hours once they get listed but for now you can only generate them
but i never had any coin hours and i made 17 million in 2 hours, what are you talking about? i bought skycoins on binance right before i did it. your shill tactic is such low effort
17 million sky hours is only worth 2 sky?
What the hell?
Your brain tactics are low level
wrong, you know people here are going to try it right and realize your full of shit? it only takes 40 cents to try
So wait, they aren't even listed anywhere yet? What's stopping them from literally abandoning the project and starting from scratch? Why the hell would this thing be worth anything at all after this???
>19 posts
you really are mad i'm uncovering your scam coin huh? you are mad cause you did the bug and dont want anyone else to know about it so you can get rich. too bad, your time is up
spamming for coinhours is first come first serve, letting other people in on it dries up the pot fast.
people have been accumulating coin hours for years in their wallets the legit way until now you can get millions in a day which used to take years to get. they can either do a coin hour reset and piss off a lot of people or do nothing and let the "design flaw" continue, crushing the price of coin hours to near zero
i know but i already got enough, time to let the cat out of the bag and expose this bullshit
Pretty clever. Get filthy scammer pajeets to buy this shit to abuse it, and then dump. Well done.
Bro I accumulate millions of coinhours in 1 week you're just a broke ass bitch lol maybe if you had more than 5 skycoin and weren't a skycoin/linux noob you wouldnt be a complete autist
30,000 skycoin makes 720k skyhours in 1 day you fag
Get a job
illuminating
>coinhour prices will go up
>coinhour prices will go down
> I only had 150 SKY, not 150k. I sold my 150 SKY and do not plan to re-enter the project.
He would have burned allllllll his coinhours if he did this btw
Top kek
>20 posts
30k skycoins lmaoooo 600k in skycoin gets you 36 dollars a day worth of coin hours AHAHAHAHAHAHAAHAHAHHAHAHAAHHAHAHA
This guy went really hard into the bug and has hundreds of millions of coin hours from it so he's very paranoid about people spilling beans, as you can see from his behavior. He is ones of the telegram admins.
nope. only burnt 100k CH sending my SKY to binance, nice try though. i don't think you get it, i know Jow Forums and they will try the "design flaw" in a heartbeat on binance and find out your lieing. they have more than 40 cents you know
Drugs will do this to you
I feel for you mate I truly do I hope you get help...
I wasnt even saying i have 30k skycoins lol nice try tho nice try.
Keep dreaming mr I sold all 150 skycoins I have not doesnt understand that would burn ALL his 17 million sky hours
Top kek top fucking kek my dude
Pajeet spelling. Leave.
You dont have any sky hours left of you send all your skycoins you will be left with 0 sky hours and 0 skycoins
do you really want me to embarress you with a screenshot of my wallet?