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Whoa whoa.. RealSolid was MrMoon??? How'd you figure that out?

Well I got suckered and I may have heard your warning, but didn't listen. Did you come in the chatbox at MCXnow a few times warning people?

This was a very elaborate and well thought out scam. Half the people over at MCXnow are still hugging Realsolids nuts like he is a victim or something.

He may be a "literal ghost" to us mere mortals but I'm sure the NSA could nab him in about 3 seconds.  The question is whether AU is going to turn him over or not.  My bet is they will.

Who is AU?

well then you don't know the laws very well, well I know that already cause u seem to think you haven't done anything illegal with your threats, ddos and excessive mining  ;)

Well In hindsight it is obvious. I never came across your posts here, they are well thought out and reading them now after being scammed it is a face palm moment.

I never put together what the scam was until I realized he was letting people take their coins back. Then I figured out on my own that technically he didn't steal but too late.

I am going to figure out who this fucker is though. There has to be clues.

Let's all post how much we've lost. I'll start:

0.00000000 BTC

LOL  :D

Would you mind telling us which laws exactly were broken?

gee.

who woulda thunk. :D
nobody listened, and see what happened now.


also, lol MrMoon...never expected to hear that name again.

Australia.

I sometimes wish I had no ethics or morals, it sure is profitable.

http://i67.photobucket.com/albums/h320/hendo420/rs_zps2f4916c2.png (http://s67.photobucket.com/user/hendo420/media/rs_zps2f4916c2.png.html)

Actually selling the rest of the fee shares and then closing a month later is willful fraud.

Its kind of like being a baker and selling a bunch of vouchers for bread and then closing a month later. What do the people holding the bread vouchers / fee shares do?





RS, you have literally millions of USD in bitcoin, the least you could do is hire support staff if it is overwhelming for you.

By closing down you are showing your true colors.

Actually LOL'd  ::)

Hey, me too! I guess we're winners.

Don't know about this bread voucher thing, not sure. It would be on the terms and conditions.

Obviously with the mcxFEE shares you'll need to read the legally binding contract you agreed with Realsolid before buying the shares. Oh wait, you mean there isn't one....... Oh dear.

Its not a literal analogy, but there are alot of similarities.

The bread vouchers can be sold or traded but only redeemed in one location for bread. If the baker shuts down and disappears the vouchers are worthless.

If this did come to criminal proceedings the judge would see right through the "not owning shares of the actual site" bullshit, and Look right at what makes it all illegal and that is selling the rest of the shares a month before shutting down. All the prosecutor needs to prove is that RS intended to shut down mcxNow when he sold those shares.

I find this quote particularly amusing.


So he's saying that his c++ source code has been poorly written and documented then?
If it was written with good coding standards, properly structured etc, a good programmer could pick up where he left off easily.

0.00000000 BTC here. I'm so sad.  ;D

It could probably fall under the statute of frauds, but good luck even finding the man. :D

Where are all the blowhards, like quantplus, saying his identity doesn't matter now?

hazard, i think its fairly safe to say that quantplus was just one of the many sockpuppets of RS

Strong possibility.

But I find it hard to believe that every person defending RS's right to anonymity was a sockpuppet. There was a ton of them.

Look at all the people who defend tradefortress. better yet, look at all the people with 50 sock puppets leaving feedback on their profile like no one knows.

THIS

Not only that but in hind site he clearly inflated the value of shares by trading with himself using multiple accounts to increase volume in October. One of the Accounts named Satoshi would show up randomly and ban people with pay bans. The pay bans also added to the fee revenue. So he inflated the perceived value of the shares. That is the pump part. Now he has moved on to the dump part.

If he doesn't disappear. He is going to repeat this scam. BY bringing the site back with gambling, he will likely inflate revenues again by using sock puppets to gamble with and lose. Then he can re-release the shares he has now bought back at less then half the value, and then even more now at less then 1/4 price he sold for.

When you look at trading volumes and accounts on MCXnow they were actually starting to go up on there own and there were tons of new users that weren't RS in the troll box so it wasn't him just creating accounts. The shares might actually have been worth 0.2 at the rate the site was growing. I purchased some shares at 0.4 as a gamble but more at 0.2 thinking that over the next few months They would actually go up in value. He also had promised adding gambling which would have added to share value. But he must realize there is more money to be made by intentionally decreasing the share value buying them back and then reselling them later after artificially inflating value.

So now he can either cut and run or re-run the same scam.

What is eating at me the most is all the people that are still supporting him over in the MCXnow troll box. They actually believe his story even though they were clearly played.

He did the same thing with his cult like following back in 2011 with SC1 and SC2, again in 2012 with Microcash and Mincoin and comeback in with a grand slam in 2013 with 2013.


~BCX~

props to BitcoinEXpress for calling this from day one and trying to warn people but it fell on deaf ears

now watch shitcoins like mincoin, solidcoin and copperlark descend to the centre of the earth, that mcxnow was designed to pump
his own coins and to sell worthless fee shares with no transparency or proof anyone was buying them

unbelievably in mcx chat the gorms are saying it's good rs is getting help and will go from strength to strength
I actually feel sorry for them

cryptsy don't hide where they are, where the offices are, who the staff are, they're registered and upright people
https://www.cryptsy.com/pages/about

Not bad. I couldn't find anything on that guy. It made no sense that he'd skip town with Solidcoins, but now it does. I'm glad I got my Solidcoins out a few days before that site went down, but still it was a shame to see the site go because the betting side of the site was pretty sweet.

I didn't even know who was and it was suspicous to believe he got as much as he did is a bit disturbing

Yes stealing Solidcoins back then was a number 1 indicator on exactly who Mooncoin was.


~BCX~

realsolid driving off https://www.youtube.com/watch?v=kMFJBd40Awo

Hey, sorry to disappoint, but I actually made money trading shares. Not much but someting like 1 BTC. When I realized RS was manipulating fee price, and when the price was around 0.1, I bought some and sold them as soon as he started buying around 0.12 ... weak hands, I blamed myself for not selling @ 0.2 hours later, lol

I admit I was a lucky idiot

Yeah I hate to be the bearer of bad news, but not everybody got scammed by him.  I made 15 bitcoin from less than 1 through the exchanges.  I saw this coming too though.  As much as everyone wants to believe in the community and that Realsolid could be some magically non greedy unicorn of a human.  I think we all just see what this is.  Sorry to anyone who lost a lot on the trades.

I was doing well also. Well enough that I was considering quitting my job and just trading.

This hurt me badly. I had loaded up on fees the day before. There was so many newbs in chat I figured Fees had to go up soon.

Now that I think back there was a sell wall at 0.2 for a few days prior to this stunt. That sell wall may have been RS keeping the price down or friends of his cashing out.

It all seems so obvious right now but I just wasn't paying attention to the signs. Hopefully I will be smarter in the future.

legit business will make more money in the long run than a scam any day.

why commit a scam when your business is doing so good.

im not defending him, i just dont get how he thinks. its very stupid really.

Wow. So let me get this straight..

**THE** Realsolid/Coinhunter/Ken/Mr.Moon/... actually has a flaw? :O Who the fuck would have guessed!

Seriously, what a joke, he brags about how "solid" he is (pardon the pun) and his exchange is, but yet, when it comes to a few support tickets he cries and closes up shop with millions of dollars.

I seen it coming, BCX seen it coming, a lot of us seen it coming. I was afraid to admit it at first, but noticed things and left. To those who lost money on the FEES, I feel for you, I really do. But we live and we learn.

Personally, i'll stick with cryptsy. The owner is not NSA proof, and the community is great.

Props to you BCX.

--GoR--

We all seen it coming, but specifically BCX and I saw this coming back in 2011. That was when SolidCoin was ready for the fall of Bitcoin heh. And anything that had to do with SolidCoin or what was supposed to be MicroCash, everyone stayed away except for those caught up in his scheme. Btw people. MCxNow stands for MicroCashxNow, but this guy realized since MicroCash never came out he said "Oh it's MinCoinxNow."

If you're too lazy into doing deep research about this guy, I shall refer you to 2 blog posts that I've written about RealSolid:
1. http://thecryptoblog.com/realsolid-needs-money2012-realsolid-has-money2013-can-you-trust-mcxnow/
2. http://thecryptoblog.com/mcxnow-shutting-down/

Anyways, I will be doing another post about RS soon. Stay tuned.

You should have listened this time. Luckily 0 BTC has been lost here.

Realscam = MrMoon? Did not make that connection before. Thanks for sharing!


Kudos for never getting tired to point him out. Some background music (http://youtu.be/MCQ7VLoY7bQ) for your post.


0BTC

You planned on getting rich didn't you people.
Just ask yourself why aren't btc-e, bitstamp selling "shares".  ;)

I seen a self-serve advertisement on reddit trying to sell MCXfee for about two weeks right before this happened .

It must have been a big campaign because I seen it all day every day.

That's what got me thinking about how odd all this is, why advertise MCXfee so much knowing you're going to shut it all down soon if it wasn't one last money grab.