[MCXNOW IPO] : 11,000 BTC raised [ UPDATE : OVER! ]

[MPOE-PR]

Haven't followed, but mildly interested.  How did this IPO go? It looked like a terrible idea to me.   So I see MCXNOW is back.  Are investors expecting to make back their investments? Genuinely curious.

To me IMHO it seems like an incredible amount of money easily invested in something with such little security.

Well, if he follows through with what he said, this can be a great thing. He claims there are going to be weekly updates for at least 6 weeks now, with new coin additions and such. We just have to hope that he doesn't fall back into that "tomorrow" phase where it takes weeks or months to get anything done.

Sometimes I wonder how scammers have the gall to come back after a short absence and act as though anyone would further fund their nonsense. Then I read stuff like these posts.

You don't "have to hope". Just stop funding scammy nonsense. No amount of hoping will transmute it into something else.

[Kushedout]

People who have been around know that this exchange can not be trusted.
However, if you are new to the wonderful world of bitcoin.

----STAY AWAY FROM MCXNOW.------


You have been warned.

1)   Realsolids questionable actions.
        a.   Took the exchange down with no warning.        
        c.   Microcash (google it)        
        b.   Market manipulation
        e.   huge attitude problem. (http://pastebin.com/Wj082Q5h)
        

2)   It has single point of failure.
        a.   If anything would happen to RS, your funds are gone.
        c.   Is anonymous
        d.   if he doesn't like you. Your funds are gone.
        e.  Will not read your support email if it contains the words password or 2fa.

  
3)   If you get locked out. You have to track him down, kiss his ass. To reset your password.
        a.   At one point he wanted to charge for resetting passwords.
        d.   Has access to your passwords in clear text format. (change your password if you have used the same one on other sites.

I am sure others can add more to this list. But this message is here to server as a warning to all the new users who are unfamiliar with RealSolids background and his exchange.

Again, you have been warned.

[trade-for-pokermoney]

Seeing the IPO price of MCXnow makes me laugh

This turned out just great!