LiveCoin.net >Buy/Sell/Exchange>New pairs:BVK/BTC,APOD/BTC,KTETH/BTC

[LiveCoin]

Dear clients, we have completed next round of ProfitBox payments. Last month we succeeded in gaining profit and therefore distributed it among our customers in the following currencies:

1. ZBC - 727 customers gained profit
2. TER - 1495 customers gained profit
3. EMC - 2639 customers gained profit
4. GAS - 5061 customers gained profit
5. STRAT - 2915 customers gained profit
6. XSPEC - 994 customers gained profit
7. CLOAK - 1166 customers gained profit
8. BLK - 894 customers gained profit
9. SMA - 52 customers gained profit
10. SCIFI - 92 customers gained profit
11. CAPS - 1986 customers gained profit
12. GPL2 - 1991 customers gained profit
13. KED - 64 customers gained profit
14. QBT - 50 customers gained profit
15. BUK2 - 75 customers gained profit
16. ASAFE2 - 1207 customers gained profit

If you want to participate in ProfitBox revenue share, the only thing you need is to deposit any of the mentioned above currencies into your account. You will get profit even if your coins are in open orders.

https://www.livecoin.net/en/news/view/226

[LiveCoin]

News

Dear clients, we completed an Airdrop of BTT tokens. 3859 clients have got their tokens https://www.livecoin.net/en/news/view/225

We have completed next round of ProfitBox payments https://www.livecoin.net/en/news/view/226

New Markets

Dear clients, new markets are available for trading:

Airpod, pairs APOD/BTC, APOD/ETH
KinoTokenETH, pairs KTETH/BTC, KTETH/ETH and KTETH/DOGE
Bitcoin5000, pairs BVK/BTC, BVK/USD


You can find details following  this link >>>

Wishing you good trading!

[izooomrud]

after I wrote a message that the exchange illegally holds the assets of MONA coins, this is true, they blocked my account with all assets! Livecoin SCAM!

[adamvp]

What are the current Livecoin terms of service? Does  it require KYC verification to use it? And what are the plans in connection with FATF? Will be Livecoin affected?

[LiveCoin]

What are the current Livecoin terms of service? Does  it require KYC verification to use it? And what are the plans in connection with FATF? Will be Livecoin affected?

There is no requirement for obligatory identity verification (KYC) at our Exchange. In case you have any questions, you can submit your quieries to the support service operators via tickets.

[LiveCoin]

News

Dear clients, we have finished the JOY swap, held upon request of the asset developers https://www.livecoin.net/en/news/view/231

SMA (Semolina Token) contest completed https://www.livecoin.net/en/news/view/233

On 28.06.2019 Livecoin Exchange is launching an IEO on Shark Coin (SHARK) asset. IEO end date: 23.07.2019 https://www.livecoin.net/en/news/view/235

The developers of Allsafe (ASAFE2) welcome you to participate in a contest with valuable prizes. The prize pool is 15060 Allsafe + the top prize is 1 LTC https://www.livecoin.net/en/news/view/236

New markets XAC/BTC, XAC/ETH are available for trading https://www.livecoin.net/en/news/view/234

You can find more details following this link https://www.livecoin.net/en/news/list

*Wishing you good trading!*

[BlueCoiner]

Hello LiveCoin,

BlueCoin has finished upgrading to version 2.17.1

GITHUB: https://github.com/bluecoiner/bluecoin

https://bitcointalk.org/index.php?topic=580639.msg51655746#msg51655746

Please update BlueCoin's daemon on your servers so that users can withdraw/deposit once more!

Please contact us if you need any assistance getting the coin back up and running!

Sincerely,
BlueCoiner

[Quickseller]

There is a scam accusation against LiveCoin, along with others they have not responded to.

I would recommend reviewing the referenced threads prior to depositing money to LiveCoin, and should consider withdrawing existing deposits until the referenced thread is responded to in a way that makes you believe they are not scamming.

[LiveCoin]

There is a scam accusation against LiveCoin

Communication and relationship between client and Exchange is regulated by User agreement, which every user accepts at registration. There is no way to register without accepting the user agreement. However, rarely, some clients ignore and flagrantly breach the User agreement.

For the first time of violation of rules, we just warn client, but in case of repeatedly violations, account may be blocked for verification and further investigation. But, even in this case, we allow to withdraw all funds after the removing of false information and consequences caused by this publication. In some cases, verification may be required by the security team.

This is exactly what happened to the said client. This client created a ticket with a demand to enable withdrawal of MONA for his account, what is absolutely impossible because of the attack on the MONA network and public refusal of the developers to bear responsibility for that. We replied to the client with the explanation regarding MONA asset, but he decided to start spreading false allegations, publicly accusing the Exchange of fraud, and thus misleading the other clients, - your message is another proof of that.

The client is clearly provoking a conflict, ignoring all suggested options of settlement. Earlier this client said that all information, violating the user agreement had been removed, but the investigation found out that, on the contrary, there is much more such information now. All further discussions of this issue will be held solely with the client and only after eliminating all negative effects.

[izooomrud]

There is a scam accusation against LiveCoin

Communication and relationship between client and Exchange is regulated by User agreement, which every user accepts at registration. There is no way to register without accepting the user agreement. However, rarely, some clients ignore and flagrantly breach the User agreement.

For the first time of violation of rules, we just warn client, but in case of repeatedly violations, account may be blocked for verification and further investigation. But, even in this case, we allow to withdraw all funds after the removing of false information and consequences caused by this publication. In some cases, verification may be required by the security team.

This is exactly what happened to the said client. This client created a ticket with a demand to enable withdrawal of MONA for his account, what is absolutely impossible because of the attack on the MONA network and public refusal of the developers to bear responsibility for that. We replied to the client with the explanation regarding MONA asset, but he decided to start spreading false allegations, publicly accusing the Exchange of fraud, and thus misleading the other clients, - your message is another proof of that.

The client is clearly provoking a conflict, ignoring all suggested options of settlement. Earlier this client said that all information, violating the user agreement had been removed, but the investigation found out that, on the contrary, there is much more such information now. All further discussions of this issue will be held solely with the client and only after eliminating all negative effects.

stock exchange officer deliberately distorted all the facts, read my answer with the evidence here

[LiveCoin]

stock exchange officer deliberately distorted all the facts, read my answer with the evidence here

Client makes wrongful accusations toward our Exchange. The status of the mentioned asset is indicated as the lowest and not recommended for purchase. The client has knowingly bought the trash asset. The fact that the asset is not available for withdrawal at the moment, is not a scam. The acquired funds is still in the client’s account, he can sell this asset after the purchase, and withdraw BTC for example.

We gave all explanations to the client as well, we suggested a few ways to solve this situation, but he refused. He threatens, abuses our staff and publish slander that has nothing to do with reality. Such behavior is illegal itself, it broke User Agreement as well local legislation too, this is a true SCAM. We also consider connivance of the bitcointalk administration in such questions - inappropriate.

[squatter]

We gave all explanations to the client as well, we suggested a few ways to solve this situation, but he refused. He threatens, abuses our staff and publish slander that has nothing to do with reality. Such behavior is illegal itself, it broke User Agreement as well local legislation too, this is a true SCAM. We also consider connivance of the bitcointalk administration in such questions - inappropriate.

Apparently, you change your user agreement at will with no notice to users, and retroactively apply the terms. Pray tell, what local laws were broken? I don't think your terms are even legal or enforceable in most jurisdictions. You can't legally steal customer funds just because they publicly posted correspondence with your support.

If you are insolvent and can't fulfill withdrawals for a particular asset, you should de-list the market and come clean to your users. You shouldn't allow trading to continue on assets like this.

[izooomrud]

stock exchange officer deliberately distorted all the facts, read my answer with the evidence here

Client makes wrongful accusations toward our Exchange. The status of the mentioned asset is indicated as the lowest and not recommended for purchase. The client has knowingly bought the trash asset. The fact that the asset is not available for withdrawal at the moment, is not a scam. The acquired funds is still in the client’s account, he can sell this asset after the purchase, and withdraw BTC for example.

We gave all explanations to the client as well, we suggested a few ways to solve this situation, but he refused. He threatens, abuses our staff and publish slander that has nothing to do with reality. Such behavior is illegal itself, it broke User Agreement as well local legislation too, this is a true SCAM. We also consider connivance of the bitcointalk administration in such questions - inappropriate.

Stock exchange officer continues to lie and not give facts
Please read my full answer here and if you find that I am right, please support my flag it is very important!

[carlfebz2]

We gave all explanations to the client as well, we suggested a few ways to solve this situation, but he refused. He threatens, abuses our staff and publish slander that has nothing to do with reality. Such behavior is illegal itself, it broke User Agreement as well local legislation too, this is a true SCAM. We also consider connivance of the bitcointalk administration in such questions - inappropriate.

Apparently, you change your user agreement at will with no notice to users, and retroactively apply the terms. Pray tell, what local laws were broken? I don't think your terms are even legal or enforceable in most jurisdictions. You can't legally steal customer funds just because they publicly posted correspondence with your support.

If you are insolvent and can't fulfill withdrawals for a particular asset, you should de-list the market and come clean to your users. You shouldn't allow trading to continue on assets like this.

Is it really that hard to release such withdrawal?I cant even say that the said behavior of its clients or user is a major violation or did broke their Terms.

[illyiller]

Is it really that hard to release such withdrawal? I cant even say that the said behavior of its clients or user is a major violation or did broke their Terms.

It is when the exchange doesn't control the coins anymore.

It looks like MONA was 51% attacked last year and Livecoin lost considerable funds. They disabled the wallet indefinitely but allowed trading to continue. Over time, the exchange rate became completely disconnected from the market because Livecoin stopped paying withdrawals.

At best, they are trying to force this user to buy BTC on the market at very unfavorable exchange rates, because MONA is worthless on Livecoin now. At worst, they might be stealing his money outright, given that his account was disabled and he hasn't received any money back.

[nutildah]

after I wrote a message that the exchange illegally holds the assets of MONA coins, this is true, they blocked my account with all assets! Livecoin SCAM!

This is not true. It would seem Livecoin holds zero MONA coins, and you know this. They couldn't release your MONA to you if they wanted because, as they've already explained to you, they don't exist.

Apparently, you change your user agreement at will with no notice to users, and retroactively apply the terms.

Also incorrect. izooomrud made this allegation but it was quickly disproven thanks to archived copies of the Livecoin ToS.

If you are insolvent and can't fulfill withdrawals for a particular asset, you should de-list the market and come clean to your users. You shouldn't allow trading to continue on assets like this.

They did this at the time it happened, over 1 year ago. They posted a notice on their site saying all MONA withdrawals and deposits were suspended. I suspect the reason why the coin is still "traded" is because they didn't want to dismiss the chances of them eventually being reimbursed by the developer.

Livecoin was the first exchange to attempt to contact Monacoin developers about the attack.

Hello.
We're Livecoin Exchange, we're looking for contact of Monacoin developers. We have an urgent issue to discuss with them. It seems a security breach in Monacoin blockchain have taken place a few hours ago. We're hope to be wrong.

They apparently knew about the Monacoin attack before the developers did.

[squatter]

This is not true. It would seem Livecoin holds zero MONA coins, and you know this. They couldn't release your MONA to you if they wanted because, as they've already explained to you, they don't exist.

They've admitted to being insolvent? It seems really irresponsible to allow trading of assets they don't hold in custody.

If you are insolvent and can't fulfill withdrawals for a particular asset, you should de-list the market and come clean to your users. You shouldn't allow trading to continue on assets like this.

They did this at the time it happened, over 1 year ago. They posted a notice on their site saying all MONA withdrawals and deposits were suspended. I suspect the reason why the coin is still "traded" is because they didn't want to dismiss the chances of them eventually being reimbursed by the developer.

Suspending withdrawals while allowing trading is not enough. That's what scammer exchanges do. Instead of compensating their depositors in any way -- like other exchanges have done with debt tokens and periodic buybacks -- they allowed the market to price in the insolvency so that MONA holders got completely screwed. Obviously, Livecoin wants to be made whole by the developers -- which will never happen -- and they've decided to pass on the losses to depositors.

Hello.
We're Livecoin Exchange, we're looking for contact of Monacoin developers. We have an urgent issue to discuss with them. It seems a security breach in Monacoin blockchain have taken place a few hours ago. We're hope to be wrong.

They apparently knew about the Monacoin attack before the developers did.

Livecoin was attacked through a selfish mining attack. This has nothing to do with the developers.

[nutildah]

They've admitted to being insolvent? It seems really irresponsible to allow trading of assets they don't hold in custody.

Seems like you're purposefully trying to conflate insolvency with being the victims of theft. They are obviously not insolvent, they simply don't have the Monacoin to reimburse their holders, and whether you agree with it or not, they feel they did not violate the terms of their agreement with their customers, and are under no obligation to reimburse them.

Suspending withdrawals while allowing trading is not enough. That's what scammer exchanges do. Instead of compensating their depositors in any way -- like other exchanges have done with debt tokens and periodic buybacks -- they allowed the market to price in the insolvency so that MONA holders got completely screwed. Obviously, Livecoin wants to be made whole by the developers -- which will never happen -- and they've decided to pass on the losses to depositors.

This is actually pretty commonplace in exchanges. Poloniex, Bitfinex and others have passed losses on to their customers in the way of "haircuts." Not saying its a great thing, but these exchanges will also point to clauses in their terms that legally allow them to do this. When somebody shorted CLAMS into near oblivion a couple months back, Poloniex passed their losses on to all BTC lenders.

Livecoin was attacked through a selfish mining attack. This has nothing to do with the developers.

Incorrect. Maybe you just made a typo, but it was Monacoin that was attacked. They were targeted because of their particularly vulnerable difficulty readjustment mechanism. A few other coins using the same Lyra algorithm were also attacked around the same time period:

Livecoin is a reliable exchange that has been running smoothly since 2014 and I have used it in the past. In addition, Hhampuz is a great campaign manager, one of the most trusted members of the forum.

In my first post about this topic, I mentioned that I am a major investor in the coin called Hdac, which uses the Lyra2Rev2 algorithm. I had a huge financial loss when Hdac got attacked, so I can empathize with the OP. Nevertheless I've never thought accusing any exchange because of my loss after the attack on Hdac because i was thinking it's Hdac's team fault. It's exactly the same thing here.

[1] [Warning] Hdac MainNet Malfunction Found
[2] [Announcement] Cooperation Request for All Hdac Mining Partners

Although we warned them with our investor group about Lyra2Rev2 algorithm, they ignored our warnings and allowed this attack.

One week after the attack on 6 September 2018 with Dayun Zig Z1, the price of the HDAC increased to 2x
https://coinmarketcap.com/currencies/hdac/

Two weeks after the attack on 17 May 2018 with Dayun Zig Z1, the price of the MONA increased to 3.5x
https://coinmarketcap.com/currencies/monacoin/

One month after the attack on 5 December 2018 with Dayun Zig Z1, the price of the VTC increased to 3x
https://coinmarketcap.com/currencies/vertcoin/

These three coins, despite our warnings, took no action on this issue.

[Quickseller]

They've admitted to being insolvent? It seems really irresponsible to allow trading of assets they don't hold in custody.

Seems like you're purposefully trying to conflate insolvency with being the victims of theft. They are obviously not insolvent, they simply don't have the Monacoin to reimburse their holders, and whether you agree with it or not, they feel they did not violate the terms of their agreement with their customers, and are under no obligation to reimburse them.

How is this anything other than being insolvent?

[nutildah]

They've admitted to being insolvent? It seems really irresponsible to allow trading of assets they don't hold in custody.

Seems like you're purposefully trying to conflate insolvency with being the victims of theft. They are obviously not insolvent, they simply don't have the Monacoin to reimburse their holders, and whether you agree with it or not, they feel they did not violate the terms of their agreement with their customers, and are under no obligation to reimburse them.

How is this anything other than being insolvent?

For a number of years you've been one of the biggest trolls on the forum and this is the last time I will dignify you with a response.

Insolvency is the inability to pay back debts. Livecoin has the ability -- they are choosing not to in the case of Monacoin holders. While I don't think this is the best approach to the situation, they are claiming their rights under their terms to do so. Besides, being "insolvent" usually refers to the entire state of a business. It seems to me that outside of their whole issue with Monacoin, other business operations remain entirely functional.

Somebody told me they were also having problems with XMR, I don't know anything about that. I have just been a casual user of Livecoin for almost 3 years and never once experienced any problems with them.