KoreCoin's Dirty Little Secret
The KoreCoin project has many markings of a legitimate project, a nice website, social media, but it's github reveals the dirty little secret no one pumping the project wants you to know.
One of the people hyping this project is BitocoinTalk user Mike Mike.
His posts are found here:
https://bitcointalk.org/index.php?action=profile;u=101096;sa=showPosts
Directly from his posts is the github URL:
https://github.com/KoreTeam/KoreCoin
As you can see on the github, the KoreCoin project was abandoned in May 2015, over 2 years ago.
Unfortunately, this "project" meets the indicators of a pump and dump. MikeMike has made an elaborate attempt at making this project seem legitimate, but in crypto code is law and code doesn't lie.
Wow! OMG! 😲 I'm so glad i found this!!! THANK YOU!
I'm glad you found it helpful. I'd love for you to upvote and follow if you're inclined to.
Upvoted and resteemed!
What about this?
Thank you for this. Excellent work.
I'm glad you found it helpful, thank you. :)
Thanks for letting us know otherwise we would fallen in their trap
No problem, I'm glad you enjoyed it.
Hi, I'm MikeMike who took over KORE. The KORE Team Projects are real. I have invested near 200k of my own money into development. IF some P&D people jump on the coin after a few who believe in the projects decided to promote it, that is not our fault and you know well they do it to many or most coins.
The difference is KORE is the real deal and I have not posted any lies.
I don't blame you with the myriad of scam alt coins to have your assumptions and we are not using the old source nor GIT. With a little serious DD and you could ask me personally what is up with the GIT etc before posting what is incorrect information could have alleviated your false statements that are damaging.
You should know those scams were the reason I took over the coin and a few others.
The Teams goals are to provide an alternative to these scams and help change the face of crypto.
The Developers and Team Members are required to sign an NDA, Provide a photo ID,
A picture of them holding it, A copy of a current bill for proof of current residence,
and to conduct themselves with Integrity and Honor.
This is not some hyped up "Dev Verified service" that dozens of coins have exploited or possibly even created for their greed.
It is in house, our policy.
Sure, We ARE the Underdogs...
In Time all I have said, posted and much more will be realized.
I agree,... Code does not lie.
Most Sincerely,
MikeMike
Yet you were the one pumping the coin. funny. Nice Try Mike Mike.
And how is my proper actions under the circumstances pumping the coin? Plus there is Marketing and Social Media Promoting and to twist that into pumping is way off base. You regrettably are doubling down in your attempt to discredit our real projects. Shame.
I explained my actions in the posts in this link:
https://bitcointalk.org/index.php?topic=668886.msg20194102#msg20194102
MikeMike
New Dev is the oldest scam in the book, particularly when the "new dev" is the old pumper.
I agree on most "New Dev Scams" , seen them come and go and lost a good amount of BTC in a few, but I am not one of them.
You don't have to take my word on it.
Time will tell.
MikeMike
offer always stands for you to meet our head of IT in a mumble meeting...
People posting other coins trading in KORE telegram and posts/pictures that were not fit for children. I deleted & banned when not stopped.
https://twitter.com/NewKoreCoin/status/900810555761491968
Disclaimer: I am just a bot trying to be helpful.
KORECoin Announces Swap to KORE 1:1, New Wallet and Rebranding! BREAKING NEWS! Take a FIRST LOOK at the new KORE wallet!
MikeMike
https://twitter.com/NewKoreCoin/status/919058471970115584
Disclaimer: I am just a bot trying to be helpful.
Great explanation, thanks for being active
cool insights @ashr, very interesting :)
keep great presenting cool news about cryptos ! followed you :)
cheers
Francesco
thanks for the follow :)
Hi! Thank you for writing. That github is from an older developer who left it.
they have a working product.
I like a working product over a whitepaper and a dream. Besides for github inactive from a former dev who no longer works there is there anything wrong with the product other than the potential for a glitch or two that could be fixed ? I'm invested but I'm also open minded. Ashr have you visited the offices ? Video conference with dev team ? Tested product ? I'm not attacking just curious?? I would get out of someone could show me something to say this amazing wallet/browser with TOR built in will not work and why otherwise I'm sticking to it because it seems like it has potential
They don't have a working product.
Wallet 404 errors.
Website has dead links.
The github they've actively been promoting on bitcointalk, twitter, and their incomplete website is the one linked above. That github was NEVER a real project. Look at Numeraire on github (52 commits over months). PIVX (10k commits over 4+ years). Korecoin (6 commits over 5 days, 2 years ago).
This was never a project.
There isn't a project now. There's just enough to make you and others think there's one.
Second, Kore is positioned as a one stop solution - VOIP anon calls, anon browser with tor, shopping. In other words, when it's too good to be true and there are doubts about it's legitimacy, it's not true.
You will be proven wrong.
Just a matter of a few months.
We will be releasing an entirely new website with the new wallet.
There are commits on our private GIT every few to 10 days.
You are welcomed to meet with me and head of IT in a mumble chat if you like.
Go to Discord and PM me.
https://discord.gg/y8nzzju
Sincerely,
MikeMike
and btw, that "new dev" MikeMike on bitcointalk was the dev back in 2015 also.
https://bitcointalk.org/index.php?topic=668886.msg11219502#msg11219502
https://twitter.com/karosuuu/status/879991578605105152
The people responding to you are part of a group trying to hype the coin on purpose and misguide people to invest in a dead coin
Disclaimer: I am just a bot trying to be helpful.
https://imgur.com/gallery/076U0
The person that responed to you.. they manufactured that response in their telegram group
For as much effort as they're putting into hyping a dead coin they could have a legit project.
https://imgur.com/gallery/WRVsM
Check it out.. they really could it's sad to be honest
omg that's hilarious though, I'm interweb famous lol
After the dev left and some tried taking the coin over and IMO not doing it right.
I regrettably stepped forward and up to the plate. This is something I never intended nor wanted to do but was so fed up and had enough with the financial losses, corruption of scam coins and their devs, the damage to good decent people trying to help with their time, ideas and money I decided to put a KORE Team together. We had some huge uphill battles these last 2 years but are still here and will follow through on our promises.
Our meetings went on for 12 hours at times and after hundreds of hours and my research it was clear what was needed for privacy and security in our age,...
An OS and our own hardware.
Tor and other tech is a temporary fix we are offering while we "Do it right" as we can.
Perhaps do a little research over at XDA forums to see what else we are up to.
FYI-
I dont play games...
MikeMike
Correct.
The Tor Browser works.
Service Nodes running over Tor works.
PBX is in testing.
A few other tech surprises are in testing.
KORETestnet is in testing.
We are not responsible for a dev who ran away like so many and shut down the working PBX.
They closed sourced it and IMO it was not done right and to do it right is starting with the newer BTC CORE and going from there. We have no use for the old dev's source other than keeping the coin active till we roll out the new wallet.
MikeMike
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By golly a scam running for so long, they even made a new PoS and have a very active git with the same team they have had for over a year now. They seem very dedicated to this scam even though the price of the coin has dropped to near nil! these must be some very dedicated scammers. It's almost as if they aren't a scam and were just having issues with development on a new git because they didnt have access to the old git. very odd scamming behavior, i will make sure to remember that a scam can have active, heavy, development by the same team and implement new features and new protocols.
<//sarcasm>
Its not a scam. Marketing is not proof of pump and dump activity. luls in marketing do not make it a pump and dump. Do you even know how expensive marketing is? lets just put it this way, pump and dump coins spend close to a million usd to market for a few months, how expensive would it be to market 24/7/365?
KORE is not KoreCoin, totally legit new devs who have saved the original project. Join their Discord and find out, we have and are now a masternode, supporting the project. Shame that you jump to conclusions and post libel like this without doing the real research. Nothing wrong with a previous investor taking over a collapsing project. Mikemike and his team are killing themselves to bring TRUE privacy to the marketplace...time will tell and we will make sure to flood this post with positive comments from other KORE supporters until it is taken down. Cheers
Wants to be taken seriously, doesn't understand how Steemit works, let alone scams in crypto. Nice Try!
Allow me to me clarify...until you are so embarrassed by the barrage of positive comments and affirmations about KORE that you yourself take down this dishonest post out of self preservation...Quite aware of how Steemit works and yes a ton of scams in crypto but not KORE thanks!
KORE is a scammy shitcoin.
New dev is the oldest scam in the book. Keep going. "Aware of how steemit works"
Dude its on the blockchain, there is no taking it down. So dumb. so so so dumb.
get wrecked on Kore, not my problem.
Oh and you lying piece of spam, I didn't lie at all here. I even provided links and screenshots. It's not my fault you're too dense to read and do due diligence.
Wow you really are all full of hate and vitriol haha just look at how negative your tone is here. Have fun with your life living like this, we will enjoy KORE once it is fixed and doing well, we talk to the devs a lot and know what they are doing and it isn't a scam but no point in wasting time with someone who spews verbal diarrhea for a living. And yes, these are immutable blockchain posts, our point was that you would retract once KORE proves itself but that would be an impossible notion for someone like you, no matter the proof. Enjoy your time here being negative and mad!! I'm sure your health will really appreciate it!
How about this? Stop harassing me you pieces of shit scammers out to hurt others. We get it, you're too dumb to make money legitimately so you scam others out of theirs. It isn't my fault your intellectual capacity doesn't allow the assessment of evidence. There are numerous links above that paint a very pathetic picture of yet another shitcoin scam. Heavy bags huh alfie boy?
How's that for immutable? K. bye.
Hello again,
Apologies for the delay in getting the KORE Browser and other projects out there.
We did integrate an entirely new chain/Swap, the Masternodes, Integrated Bittrex trader and a few other wallet features. So there was and is developments.
We could have had much more released but we had a major setback.
KORE was attacked, hit hard by some very evil people.
KORE is regrouping and in time we will prove ourselves again.
We have some issues as do other coins with PoSv3 and we too as these other coins are trying to get the bugs fixed.
Why not just come out and ask rather than lie, slander, spew some disgusting antics as well as libel.
Anytime you want to have a voice mumble meeting let me know.
Most Sincerely,
MikeMike
Very much so. Buy the fud is what i say.