Bitcoin Forum
December 11, 2017, 04:28:46 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Re: [SCAM ALERT] MSD = The new MLM scamcoin Tidex = Scam exchange  (Read 2339 times)
b4h4mu7
Full Member
***
Offline Offline

Activity: 190


View Profile
October 06, 2017, 01:44:01 AM
 #1

I was introduced to the Tidex.com exchange while looking for an exchange to list Boolberry after it was delisted from Poloniex and Bittrex without justification.

https://cointelegraph.com/news/poloniex-to-delist-17-altcoins-in-may-without-explanation

Tidex itself seems to be a legit exchange with decent volume, nice interface, active support and backed by the team at Waves project. Apparently the same founder of Waves is the founder of Tidex. Unfortunately, they have a listing there for MSD. After being constantly bombarded in the trollbox by MSD bots I looked into the company behind MSD, "Monspace" and soon it became clear it was an MLM marketing coin similar in design to Onecoin.

Red Flags: No source code, no wallet, no information anywhere, no coin supply, no block explorer..  just bots in a trollbox promoting it as the next BTC
https://coinmarketcap.com/currencies/msd/


Youtube search reveals "Mike Thomas" self described "grand father of cryptocurrency" whatever the fuck that means. Most likely an actor hired to promote the scam to their own local market.
https://www.youtube.com/watch?v=W3IFBqjDnlQ
https://www.quora.com/Someone-named-Mike-Thomas-called-himself-the-God-father-of-cryptocurrency-and-try-to-promote-Moon-Space-Dollar-MSD-cryptocurrency-Is-he-trying-to-scam-the-people-around-the-world

I can't stand this type of low life scum coming into the crypto scene to further their operations. In the end, it gives crypto a bad name and brings down unnecessary regulation.

https://steemit.com/cryptocurrency/@stopblocknroll/scam-alert-monspace-mscoins-marketing-materials-of-a-scam-coin-being-posted-on-social-media-or-is-it-legit-doubtful
https://steemit.com/mlm/@worrior/monspace-beware
http://www.sec.gov.ph/monspace-philippines/
https://www.youtube.com/watch?v=lIIEmTBbeaM
http://www.freemalaysiatoday.com/category/nation/2017/05/13/monspace-scam-worse-than-jjptr-says-dap/

It's best to spread this information around as quick as possible before anymore people get scammed. I hope Tidex does the right thing and delists this abomination. One would think an exchange backed by the waves project would think twice before listing this shitstain of a project. Crypto is an experiment in self regulating free markets, without exposing these things before they get bigger it only opens the door for further regulation.
1512966526
Hero Member
*
Offline Offline

Posts: 1512966526

View Profile Personal Message (Offline)

Ignore
1512966526
Reply with quote  #2

1512966526
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1512966526
Hero Member
*
Offline Offline

Posts: 1512966526

View Profile Personal Message (Offline)

Ignore
1512966526
Reply with quote  #2

1512966526
Report to moderator
1512966526
Hero Member
*
Offline Offline

Posts: 1512966526

View Profile Personal Message (Offline)

Ignore
1512966526
Reply with quote  #2

1512966526
Report to moderator
b4h4mu7
Full Member
***
Offline Offline

Activity: 190


View Profile
October 10, 2017, 02:48:55 PM
 #2

Tidex is confirmed to be supporting this scam. They are banning anyone in the trollbox who try to warn others about it. Beware of Tidex and beware of MSD. As stated earlier, the founder of Tidex is also the founder of Waves. Whatever that means for Waves, it can't be good.


Slow death
Hero Member
*****
Offline Offline

Activity: 672



View Profile
October 10, 2017, 08:46:25 PM
 #3

Red Flags: No source code, no wallet, no information anywhere, no coin supply, no block explorer..  just bots in a trollbox promoting it as the next BTC
https://coinmarketcap.com/currencies/msd


well, even in the coinmarketcap does not have any relevant information about that currency, the site https://mymsdspace.com/landing/en is weird, their twitter account is not active, I did not find their thread here in the forum, maybe they do not have one ANN here in the forum, so why are they listed on Tidex? this is very suspicious

And to add, on the telegram of them they only have 1 member

b4h4mu7
Full Member
***
Offline Offline

Activity: 190


View Profile
October 11, 2017, 05:45:18 PM
 #4

Red Flags: No source code, no wallet, no information anywhere, no coin supply, no block explorer..  just bots in a trollbox promoting it as the next BTC
https://coinmarketcap.com/currencies/msd


well, even in the coinmarketcap does not have any relevant information about that currency, the site https://mymsdspace.com/landing/en is weird, their twitter account is not active, I did not find their thread here in the forum, maybe they do not have one ANN here in the forum, so why are they listed on Tidex? this is very suspicious

And to add, on the telegram of them they only have 1 member

Occam's razor: this simplest answer is usually the correct one. Tidex is in on the scam. According to some in the trollbox, their members paid $200 in fiat for 117 MSD that translates to $1.70 per coin. Also according to figures in the trollbox the total coin supply is somewhere between 30 billion and 4 trillion. To make matters worse, members in this MLM had their web wallets frozen until Oct 30th and are unable to move funds to the exchange. This is most likely to allow Tidex and Monspace executives to offload their holdings which have dumped the price from around 40k Satoshi to 300 Satoshi.

It boggles my mind that in 2017 an exchange is shameless enough to add this shitstain to their portfolio. Listing standards have been established over the years to prevent traders from being scammed. Tidex decided to choose greed over common sense. I wouldn't be surprised if this exchange is shutdown in the near future for their part in this investment scheme.

Bottom line is stay away from Tidex and unfortunately Waves by association since the owner of Tidex is the founder of Waves.
b4h4mu7
Full Member
***
Offline Offline

Activity: 190


View Profile
October 13, 2017, 01:16:42 AM
 #5

https://themerkle.com/why-is-tidex-allowing-users-to-trade-a-potential-ponzi-currency

Thanks @themerkle for the coverage of this situation!
care2yak
Sr. Member
****
Offline Offline

Activity: 336



View Profile
October 13, 2017, 02:19:00 PM
 #6

I have a friend who's into this pseudo coin and warned her but she just won't listen. Thanks for sharing the article. Now I can share it with her too.

b4h4mu7
Full Member
***
Offline Offline

Activity: 190


View Profile
October 14, 2017, 04:41:33 PM
 #7

I have a friend who's into this pseudo coin and warned her but she just won't listen. Thanks for sharing the article. Now I can share it with her too.

Glad I could be of assistance. These low life scumbags will eventually tarnish the crypto space if we don't do anything as a community to stop them. Here are a few youtube videos you can share with her.

Former YSLM (Monspace) CEO arrested afterwards company renamed to Monspace:
"Game over for `Future richest man’ Zhang Jian"
https://www.youtube.com/watch?v=j3wp6TcXdNY


If people don't listen to me they will end up like these victims here:

"Chinese nationals arrive to demand action against MonSpace"
https://www.youtube.com/watch?v=5PT7xjga_t0

"Chinese investors claim cheated by scam, confront Monspace founder"
https://www.youtube.com/watch?v=lIIEmTBbeaM

"Police to investigate MonSpace after reports lodged"
https://www.youtube.com/watch?v=HZM1i6K76Bg

"Govt building strong case against YSLM (Monspace)"
https://www.youtube.com/watch?v=jz4b8fc6DH4
shinharu10282016
Member
**
Offline Offline

Activity: 112

Spectiv VR Crowdsale: 12/08/17


View Profile
October 22, 2017, 09:31:32 AM
 #8

A cryptofriend just referred me to this. fck. I think of it as another MLM.

Get rich the fastest way then they steal your money. very romantic.

The friend tells me not to believe this, but if the cryptocurrency guys in the forum are telling people to be careful, might as well listen.

Thank you

                 SpectivVR                                                Crowdsale: 12/08 - 12/29
VR Streaming Platform & Attention Markets                  [ Website ]
BitcoinTalk  |  Slack  |  Twitter  |  LinkedIn  |  Medium  |  Facebook  |  Instagram
Bhacev
Newbie
*
Offline Offline

Activity: 3


View Profile
October 23, 2017, 07:56:26 PM
 #9

A cryptofriend just referred me to this. fck. I think of it as another MLM.

Get rich the fastest way then they steal your money. very romantic.

The friend tells me not to believe this, but if the cryptocurrency guys in the forum are telling people to be careful, might as well listen.

Thank you

more talk to this crying ladies and self proclaim expert of cryptocurrency
Q2kc
Jr. Member
*
Offline Offline

Activity: 56

Winning is Everything


View Profile
November 16, 2017, 07:42:08 PM
 #10

MSD is 100% Scam, I hope this thread will reach many people so it can minimize the victim of this scam or worse than scam coin Undecided

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!