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Author Topic: EXPOSING PHENIXCOIN: The hype and possible scam  (Read 18050 times)
Bitsinmyhead
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August 03, 2013, 08:07:57 AM
Last edit: August 07, 2013, 06:31:37 PM by Bitsinmyhead
 #1

This post was originally posted in the official Phenixcoin thread yesterday, but due to several requests about making it a new thread I will now do that.

I am going to make a long post here where I present facts about why I think Phenixcoin might be the biggest scam coin to date. I am aware that some people here will call me a troll and try to rip me for doing this. Yesterday nawazish1 let me know that he knows a lot more about this coin than I do, but after this post he might realize he is wrong. So let me start by giving some background.

I was a long time holder of Phenixcoin up until yesterday. I was actually one of the first people who mined this coin and I have been holding about 15.000 coins from the start. You can find me posting in this thread from May 21st, and most of my posts have been very positive while adding some advice and constructive criticism along the way.

Like most others in this thread I have been very excited about all the stuff the developers have been talking about and I have been waiting patiently for the releases of the casino, the exchange and of UNOCS. What happened yesterday is however totally unacceptable for any coin and goes against everything a coin is supposed to be. I am very angry about this and that is the reason why I am spending a lot of my time to make this post about everything that is wrong with the coin.


Table of contents
1. The premine
2. YaCoinYeah scandal
3. The poker room
4. The constant hyping of new releases
5. UNOCS, the hype and failures
6. The block time rip-off
7. Developer has bad history


1. The premine
1 million coins were premined of this coin. Everyone can see that on the fist page of the thread. This is not necessarily a problem and I was personally supporting the premine as an important part to build and support the coin. This was however on the condition that the developers would be open and 100% transparent about what the coins would be used for.

It was recommended that they post in the OP and on their webpage that there was in fact a premine. As you can all see this never happened, and it just goes to show they are trying to hide the premine instead of being open about it.

They were also told that it would be a good idea to put the premined coins in escrow with someone trusted so we all knew they would not use them for personal gain. This would have killed all the noise about the premine being a scam. Obviously the developers ignored this as well.

The developers have claimed that the premine would be used to fund poker freerolls, including a 25000 weekly freeroll. No such freerolls have ever run, and the excuse being made is that the poker room is not working properly. The developers make no response when it is suggested that maybe they should do other giveaways instead if they are struggling so much with the poker room.

No one really have any idea what the premine is being used for as there is no transparency. For all we know it might have been given away to friends of the developers or to themselves. See my next chapter for what 1% of it was used for.

All we have to go on is what the developers say in post #754. They say they have: "Sent coins to people to give away, covered some people losses on bad trades, sent pool owners coins to give away for promotion." Obviously nothing is documented and we just have to take their word on it.

It is easy to see that the premine situation has at best been handeled badly, at worst it is as many have speculated a scam. An honest premine would have been clearly stated on the website along with a ledger of what it has been spent on. Instead the developers have tried as best they could to hide the facts. Not good.

References:
Developers explain what they have used premine for (post #754):
https://bitcointalk.org/index.php?topic=211165.msg2265448#msg2265448
Suggestion to have information about premine on website and to put coins in escrow. Both ignored by developers:
https://bitcointalk.org/index.php?topic=211165.msg2222004#msg2222004
https://bitcointalk.org/index.php?topic=211165.msg2221876#msg2221876

 
2. YaCoinYeah scandal
The YaCoinYeah scandal is somewhat tied to the premine as it raised questions about what the premine was being used for and the transparency of it.

YaCoinYeah was running the first google doc exchange for Phenixcoin. He started it himself and then asked the developers for a donation. He received 10.000PXC (1% of the premine) equal to $500 at the time. A lot of people felt this was way too much for this simple task. Most google docs exchanges was at this time run without getting paid for it.

When YaCoinYeah later begged for even more donations it created a lot of drama and the price of PXC fell a lot. It has later turned out that YaCoinYeah might be a scammer and he has negative trust here on the forum. Read from page 38 in the thread or see links below for more info.

References:
Confirmation of the 10k donation: https://bitcointalk.org/index.phptopic=211165.msg2265448#msg2265448
Nice little summary: https://bitcointalk.org/index.php?topic=211165.msg2269173#msg2269173
Critics being censored: https://bitcointalk.org/index.php?topic=211165.msg2265159#msg2265159
YaCoinYeah's profile: https://bitcointalk.org/index.php?action=profile;u=116781


3. The poker room
The poker room was released along with the coin. At first it looks very impressive, however it really does not work. I already mentioned the 25.000 freeroll not running because of problems with the poker room. There is also a lot of problems reported throughout the thread from users.

I also have a problem with the fact that the developers seem to create an impression that they are the ones who have created the poker room. When someone asked if they were coding on the poker product themselves they ignored this question when replying to the post (see references). I bet that if you ask most of the Phenixcoin supporters they believe the creators of the coin also created the poker room.

The fact is that the poker room is open source software that the developers have just changed the logos and backgrounds of. That is probably also why they are not able to fix any of the problems the users are having. They just have to hope someone else fixes it for them.

The open source software is called Cubeia Poker. I can not find anywhere here on the forum or on the poker site where the developers give any credit to Cubeia Poker. Kinda shady if you ask me.

References:
Developers are asked if they are coding the poker software themselves, ignores the question:
https://bitcointalk.org/index.php?topic=211165.msg2231959#msg2231959
Picture proving they are using Cubeia Poker:
http://s22.postimg.org/eb0cntws1/phxpoker.jpg

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August 03, 2013, 08:09:09 AM
Last edit: August 07, 2013, 06:50:13 PM by Bitsinmyhead
 #2

4. The constant hyping of new releases.
Through the life time of the coin, there has been a lot of hype surrounding projects the developers are working on. To date nothing has been officially released except for an escrow service that is no longer useful because all coins are traded on Cryptsy.

The two big projects that have been talked about most is an exchange and a casino. The developers have been talking about, and hyping up these a long time. Here is a quick summary of all the hyping that has been going on. When it is condensed like this it becomes pretty obvious what kind of pumping the team has been doing. And remember today two months after this started nothing has still been released.

-It was first mentioned back on May 22nd that they were looking for a "full professional casino software". https://bitcointalk.org/index.php?topic=211165.msg2231959#msg2231959

-On May 25th the developers say: "We are working on that (casino).. will be available soon."
https://bitcointalk.org/index.php?topic=211165.msg2265945#msg2265945

-On June 1st developers say: "There will be a announcement later today." (Nothing more happens for the next 5 days.)
https://bitcointalk.org/index.php?topic=211165.msg2339629#msg2339629

-On June 6th, the hype really takes off with these quotes from the developers:
"When we open what we have been working on, which should be tomorrow, the audience will grow quickly.."
"We have 3 new releases for PXC with in the next 7-10 days, starting tomorrow."
"lol... you might want to think about buying now.. before we launch these things.. "
https://bitcointalk.org/index.php?topic=211165.msg2391022#msg2391022
https://bitcointalk.org/index.php?topic=211165.msg2391317#msg2391317
https://bitcointalk.org/index.php?topic=211165.msg2391330#msg2391330

-Also on June 6th the developers release info about the casino and include a picture of a Video Poker game and a video of a blackjack game: http://youtu.be/eg8QdH-Inqw
Again stating: "Gaming system to be released for beta next week some time"
https://bitcointalk.org/index.php?topic=211165.msg2391717#msg2391717
https://bitcointalk.org/index.php?topic=211165.msg2391963#msg2391963

-After all this hyping price of PXC gets a nice bump on the exchanges, but nothing else happenes and the developers are not heard from until June 12th when it seems everything about the casino has been forgotten. It is now time to start hyping the exchange: "We are currently finishing up our exchange system. This was moved to the front of the line for a multitude of reasons." So it appears the casino which was days away a week ago is now moved to the back of the line...
https://bitcointalk.org/index.php?topic=211165.msg2447385#msg2447385

-On June 16th we hear from the developers again with another vague hype statement:
"watch the next couple of weeks and see what happens.. We have barley even started... Wink"
https://bitcointalk.org/index.php?topic=211165.msg2489202#msg2489202

-On June 19th we get to learn that all the programming on the exchange is done, just some tweaking left: "all the programming is done.. just tweaking.."
https://bitcointalk.org/index.php?topic=211165.msg2516389#msg2516389

-A week goes by without any news, then the developers post this June 27th, again very vague and not anything we have yet to see:
"Well I just finished transaction system.. Smiley"
https://bitcointalk.org/index.php?topic=211165.msg2591774#msg2591774

-On July 9th it seems a beta of the exchange has been released. The developers also makes a bold statement: "We want to dominate the exchange market in the next 3 months." Now one month later and still no real exchange having been released this seems somewhat unlikely.
https://bitcointalk.org/index.php?topic=211165.msg2693642#msg2693642

After this there is no more news about the casino or the exchange. Now UNOCS takes over which I will cover in the next chapter.

If you look back at these statements and know that nothing ever was released and you still do not realize that this is pure hype and pump I do not know what to tell you. There has to be no doubt that the developers were not honest making these statements knowing what we know today. There is no excuse for building things up like this and not delivering months after they were "days away" from releasing everything.


5. UNOCS, the hype and failures
Even the hype of UNOCS was hyped. In the beginning of July we learned that a big press release would be released July 11th. The big news was that the three coins Feather, Phenix and Worldcoin would join together and make some big waves.

The website unocs.com was also released featuring a big timer counting down to some time around July 21st. I say some time because as it turned out this was the first big failure. The timer was defect and counted down to a different time depending on which time-zone you lived in. Pretty embarrassing start to this great UNOCS alliance.

Anyways, the timer finally hit zero for all time-zones, but instead of a big release the users were met with the following message:
"Due to concerns from several emails, we have taken steps to protect the system.
To allow for Cloudflare DNS changes to propagate, we have pushed the launch time back by 24hrs.
We apologize for any inconvenience this may have caused."

This is clearly a lie, unless you actually believe several people was concerned about DDOS attack on something no one had a clue about what was. Another clear hint that this was a lie is obviously that nothing has still been released to this date. So here they ask us to trust someone who blatantly lies to us with all our coins, not very promising.

The timer hits zero again, this time users get a message where the developers asks for 3 more days to finish the project. Pretty much confirming that the previous statement was indeed a lie.

After some more time passes by the 3 day limit is also removed and the message is now that it will be released when it is done. It is now almost two weeks since it should have been released, but nothing has still been released.

The user ohiwastedmylif discoveres some problems with the UNOCS website itself:
-It gets stuck on infinite loading loops 24/7
-Looks like a seventh grader made it
-Has insecure directories
https://bitcointalk.org/index.php?topic=254406.msg2787811#msg2787811

The user dego then points out another lie, namely that the "highly skilled developer team" is only one person.
https://bitcointalk.org/index.php?topic=254406.msg2788242#msg2788242

From here it just gets worse. It seems the developers have forgotten to secure the directories of the website allowing everyone easy access to a lot of stuff including passwords, personal information and credit card numbers. Luckily because the site is still not open all this information is just placeholders and made up stuff, but it surly does not inspire trust.
https://bitcointalk.org/index.php?topic=261210.msg2795254#msg2795254
https://bitcointalk.org/index.php?topic=261210.msg2798146#msg2798146

To sum it up:
-UNOCS was hyped to the moon.
-Three deadlines (all very hyped with countdowns etc.) were missed.
-The website itself had tons of issues including the security of private information.
-It seems whoever is working on this does not have a clue what they are doing.

All in all seems like everything else relating to Phenixcoin with the end result being the same, a lot of hype and nothing released.


6. The block time rip-off.
This is the drop that made me totally give up on this coin. It is just so bad and goes against the fundamental properties of money. What happened is that the developers decided that 80% more coins should be released each day. In economics this is called a positive supply shock and leads to price falling.

The coin was released along with the rules of the coin. Everyone expects these rules to be followed by everyone and base their investments on them. All of a sudden the developers, without warning and without consulting the community decides to alter the rules. Not only that, they alter them in a way that screws over all the holders of the coin.

An important property of money is that you can predictably value goods and services in it. To do this you need to have a clue about how much of the money is in circulation at any given time. If you do not, the system breaks down. So not only does it screw over all coin holders it also makes the coin pretty much unusable as there is no way to tell what the developers will do next.

The trust in the coin has been broken, and can never be gained back. How can you trust these guys any time in the future if they just randomly changes the rules. Next time they might say, because of the great work the developers have put into the UNOCS bridge, the next update will give 5PXC from each mined block directly to the developers.

I have seen some defenders say that there will still be the same amount of coins in total generated over the next 100 years. That might be somewhat true, but that argument really is the same as saying: "It doesn't matter if the inflation the next 20 years is 20% per year instead of 4%, if the following 80 years have 0% inflation because in the end the same amount of money will be created." Hope everyone sees the problem with this and realize that the developers have already broken the rules of the coin so there is no guarantee that they will not do it again.

There is no reasonable explanation for why the developers would do this (and they are refusing to give any as well). The logical solution would have been to lower the block reward to match the shorter block time so the same amount of coin is generated in the same amount of time, but for some reason this was not done, and now it is too late. The only reason I can think of is that this will somehow benefit the developers in some way.

Here is a theory: They could have sold off the 1 million premined coins during all the hype they created and are now looking for a way to buy them back cheap. This way they would make a lot of money while no one would notice what they have done.

I'll leave it up to the objective reader to decide if these guys might be able to do something like that and if you want to trust these guys with any of your hard earned money...


UPDATE: After I exposed Phenixcoin in the official thread, it seems the developers are finally taking my advice and will be cutting the block reward too. Yesterday their stance on this was:
"Don't get me wrong i understand why everyone is pissed. But we did what we seen we needed to do and now its done."
https://bitcointalk.org/index.php?topic=266377.msg2852139#msg2852139

But after my big post they all of a sudden chagned their mind: "We understand your concerns, your voice is heard loud and clear.  Our upcoming release will reduce the reward by half."
https://bitcointalk.org/index.php?topic=211165.msg2856301#msg2856301

As I originally posted it is too late to go back now. The damage is already done and the developers have shown their hand. They can not be trusted and will make random changes to the rules of the coin. This is what you all should be concerned about. Anyone trying to make an informed decision to invest in this coin could at any time get screwed.

Phenixcoin has no predictability and the developers will do whatever they want at any time. Either the developers are so stupid they do not understand the mistake they made or they are outright scamming. Either way it does not inspire trust to invest with them. Actually this fits pretty good into my speculation. They might have been able to buy back the premine during the last dump and are now ready to start a new pump cycle. Just watch...


7. Developer has bad history
This chapter has been added August 8th 2013 as I received a PM from someone giving me additional information showing that the developer of PXC and UNOCS is not as "highly skilled" as he says he is, and that the pattern of lies, bad coding and broken promises is not something new.

Confirmation that the developer of PXC, Michael (iamatrix), is the same user as Mike69 at the gfy.com (NSFW) forums:
"Here is my MSN : michael at iamatrix dot com"
http://gfy.com/showpost.php?p=9584980&postcount=8

Now the fun begins as we can look into the history of this Mike69 user.

First hit on google for "mike69 gfy" is a thread titled:
Mike69 biggest ripoff programmer - GFY Webmaster Board
http://gfy.com/showthread.php?t=966290
Quote
I decided to write this thread finally after MANY attempts of getting hole of Mike69 to finish the project paid for. I understand that I should have looked into his reputation before dealing with him, but I was brand new to this business and very excited to see the outcome of the program.

About 1 1/2 years ago I was looking into purchasing a custom webcam program to be made COMPLETELY from scratch. After many detailed discussions on what the program would feature, and how he would also keep it up to date and add features for low prices he quoted us 10k. He agreed that the program would be fully functional with a admin area also. We decided to do a half now and pay the remainder when the program was finished. He said the whole project would take about 3-4 months max.

From the start Mike seemed like a genuine nice guy, and I thought he actually cared about the outcome of this project, and the quality of his work. He bragged about how he used to work for adult.com as the main programmer and how he is the best in the business, and how adult.com ripped him off so he decided to do his own freelance work. I was a newbie to this business and very naive so I believed him, not to mention he had his wife Tina backing him up the whole time.

We sent the first half (5k) to him provided him with everything he needed, dedicated server etc. For the next 2 months Mike went on about how he was working 12-16 hour days on our program, and had it almost finished. He showed me some basic screen shots of his progress along the way, it looked decent to me at the time, but I really didn't know anything about programming. His wife kept calling me everyday looking for more money (even though we sent the first 50%), she said that without the remainder he would have to take other work to pay the bills. We were very reluctant at first but she kept calling and making up excuses, so we paid of the 5k balance before the program was finished (one of the worse business mistakes I ever made).

Now the real horror story begins. Once the money was sent it was almost impossible to get a hold of him or his wife Tina (the past 4 months they had been calling every day looking for more money). I decided to show a friend of mine who is a mainstream php programmer everything he did for us so far. Within 10 minutes of my friend taking a look at the script, he said "you were ripped off", Mike sold us a non functional program he created in 1998. My friend told me that the code was so bad and old, that there was no point of even trying to fix it. I wrote Tina, and Mike about it (because they wouldn't pickup my calls) saying I was going to show everyone on GFY how you ripped me off. He contacted me within 5 minutes, and said he would re do the program and finish the admin area. I decided to give him another chance because really I had no other choice (it wasn't like these scam artist are going to refund our money). Months went by and nothing! He doesn't respond to my ICQ messages, or pickup my calls. I know they started a cam site called camgirlscorner (dot) com, and is working on a payment processor.

I know a lot of you are already aware of what a scumbag Mike69 is, and how I made a lot of obvious mistakes trusting these people, but I hope it might save a few people from getting scammed in the future.

Now to be fair it is a pretty long thread with some people supporting Mike. However, all this just sounds way too familiar to me. It is pretty much the same story as what has been exposed in my OP. Lots of promises, delays and broken time limits, fancy screenshots, but no working product, bad coding, more promises that everything is almost done etc.

When you start looking at more threads about this user, you find more of the same:

Mike69... What the Fuck??
http://gfy.com/showthread.php?t=838181
Quote
It's been well over five months since I hired you as a developer for my project. Two months ago I even doubled the agreed upon amount paid to you. Since then you've given me virtually nothing but excuses. Now you're ignoring me completely.

Another example of him not delivering:
So I bought some content from LexiLexxx and Mike69!
http://gfy.com/showthread.php?t=539601
Not gonna quote this one, but it is another example of Mike not delivering on his promises and making up excuses. (Should probably warn about it being NSFW Wink)

One more
MIKE69.........When are you going to give me my money?
http://gfy.com/showthread.php?t=591820

There is also a ton of threads around where people ask for Mike69 to get in touch with them. If I am going to speculate it is probably because he has gone MIA after starting some project for them.

Anyone seen Mike69?
http://gfy.com/showthread.php?t=406460

Mike69 Please CONTACT Me ASAP!
http://gfy.com/showthread.php?t=588373

Looking for Mike69
http://www.justblowme.com/showthread.php/10486-Looking-for-Mike69

Mike69
http://www.justblowme.com/showthread.php/13452-Mike69

Finally an interesting thread from his (former) wife. Not going to judge, read it yourself Wink

What happened to the post on Mike69?
http://gfy.com/showthread.php?t=146958

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gica_contra
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August 03, 2013, 09:26:22 AM
 #3

In related news, water discovered to be wet. There is a group, don't know if spontaneous or organized that will launch new coins every week and hype the hell out of it (changing avatars, posting how great the coins is, coin on Gox in 2 weeks etc.). You can recognize them by the same format they use in their announcement thread. If you get in on the insta-mine great, if not save your power or use it on more established coins.

PS: You will also notice the massive pre-mine compared to "coins generated per day", but since the cap is high they will tell you it's only x% of total coins. They will also tell you it's for bounties and shit but only about 10-20% will actually be used for that purpose. If that...
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August 03, 2013, 09:45:15 AM
 #4

Don't listen to him. I like a well explained point by point argument with a source over a "duh, these coins are all scams." argument.

Nicely written. thank you.
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August 03, 2013, 09:47:23 AM
 #5

UPDATE: After I exposed Phenixcoin in the official thread, it seems the developers are finally taking my advice and will be cutting the block reward too. Yesterday their stance on this was:
"Don't get me wrong i understand why everyone is pissed. But we did what we seen we needed to do and now its done."
https://bitcointalk.org/index.php?topic=266377.msg2852139#msg2852139

But after my big post they all of a sudden chagned their mind: "We understand your concerns, your voice is heard loud and clear.  Our upcoming release will reduce the reward by half."
https://bitcointalk.org/index.php?topic=211165.msg2856301#msg2856301

Thats a small step towards restoring confidence.

Thanks for the great post. You may have forced them to do the right thing.
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August 03, 2013, 10:15:31 AM
 #6

Interesting.

I agree on a few points but I played around on the exchange when there was playmoney and that worked well and made criptsy look like a google docs exchange.
They showed their stuff on the Bitcoin conference, Coindesk got it covered, etc. If it is a scam, it's the best in crypto history. If it's not, well, who's the idiot.

On the exchange, play money is a bit easier to handle than real coins with value. Also, many great scams got great publicity, which is why they were great scams Smiley

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August 03, 2013, 10:31:48 AM
 #7

Great article, with real facts.

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August 03, 2013, 11:37:13 AM
 #8

pffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffff fffffffffffffffffffffffffffffffffffffffffffffff.

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August 03, 2013, 12:01:02 PM
 #9

It's funny how you will be passed of as some FUD inducing troll. But this is the reality and people need to wake up.

PXC is just another altcoin which launched with a bunch of half arsed services to try and differentiate themselves from the pack with a 1 MILLION coin premine. Seriously!?  Shocked

Nicely written out, thank you. This thread should be stickied for newbies.
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August 03, 2013, 12:11:29 PM
 #10

I don't think it's a scam, but yes it has become a little disappointing, 25k free roll excuse a bit poor and the 1500 free rolls vanished. The poker site is essentially dead. This need to be addressed NOW i have brought this up a few times already and been told ... next week next week...

However i do think the devs will come through and pull something good out for this coin. I am still buying the odd chunks at this price.

If they have not already dumped their premine then the block adjustments they just made didn't really do them any favours anyway.

I don't think the coin is a scam, but yes not as confident as i was regarding it's future. Although give it a year and we could be eating our words if they do come through with some good stuff. There is no doubt though that they do have web development skills and could take this coin further is they put their efforts in the correct direction.

If it turns out to be a scam then a lot of us have wasted a lot of hash on this. I like to gamble though so i am holding and getting a bit more right now.





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August 03, 2013, 01:21:39 PM
 #11

[...]

They might have been able to buy back the premine during the last dump and are now ready to start a new pump cycle. Just watch...


This should be possible to check if the premine has moved since the beginning or not through a chain explorer ... Anyone with experience in that field has / can do it and report here ?
From my understanding, playing with the premine could not be falsified and tracking its activity should help clarify the situation : scam / not scam but poor management.

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August 03, 2013, 01:40:39 PM
 #12

I read all that and found it fascinating.
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August 03, 2013, 03:43:08 PM
 #13

Quote
This is clearly a lie, unless you actually believe several people was concerned about DDOS attack on something no one had a clue about what was.
Well this made me laugh, i'll worry about DDOS attacks on an service that nobody knows what it is intended for?  Roll Eyes

Excellent post, surely on my part I belive that it is a scam.

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August 03, 2013, 04:23:14 PM
 #14


Actually this fits pretty good into my speculation. They might have been able to buy back the premine during the last dump and are now ready to start a new pump cycle. Just watch...



So you're saying this is a good time to buy?  Wink
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August 03, 2013, 04:25:08 PM
 #15


Actually this fits pretty good into my speculation. They might have been able to buy back the premine during the last dump and are now ready to start a new pump cycle. Just watch...



So you're saying this is a good time to buy?  Wink

Yep buy Smiley

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August 03, 2013, 04:36:21 PM
 #16


Actually this fits pretty good into my speculation. They might have been able to buy back the premine during the last dump and are now ready to start a new pump cycle. Just watch...



So you're saying this is a good time to buy?  Wink

Yep buy Smiley

Bought some of their dump.   Cheesy
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August 03, 2013, 04:37:14 PM
 #17

Here comes another pump then  Cheesy Cheesy

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August 04, 2013, 06:23:12 AM
 #18

Every coin I haven't made money off of is a scam.
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August 04, 2013, 08:23:57 AM
 #19

Every coin I haven't made money off of is a scam.

Every coin we've made money or not is a scam. Grow or buy a brain.

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August 04, 2013, 10:21:59 AM
 #20

They showed their stuff on the Bitcoin conference

You just pay the conference fee and show your unfinished websites there. No problem.

Quote
Coindesk got it covered.

Because some of the coindesk guys are very close to the Feathercoin guys, who are part UNOCS.

I didn't say it was al scam, but it's most likely pump and dump
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August 04, 2013, 10:46:46 AM
 #21



To all those trolls..

Some facts are true, some are just your opinions that you are screaming..
Looked your posts... LMAO full time troll?

I'm still pxc supportr and holder, They said to support some things and they do..Like my cs team we gained alot under there support...
These devs are imo, not the best..but defn not the worse..

They have a family,work and kids.. Thats imo fucking normal you dont come evry hour for an update...
Like said bussy lives,BIG PROJECTS all at ones.. give them some crediet.

Its not like they ignore the comm. They are listng To all off us.

my²cent

Blow me now

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August 04, 2013, 10:52:12 AM
 #22

http://en.wikipedia.org/wiki/Troll_(Internet)
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August 04, 2013, 10:53:59 AM
 #23

YEA I'M ONE TO



Uhm and who are you, you gonna blow me?

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August 04, 2013, 10:56:01 AM
 #24

YEA I'M ONE TO



Uhm and who are you, you gonna blow me?


PXC will do that...
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August 04, 2013, 10:58:17 AM
 #25

Yea in dollars, you will still be an..

Fat,Bold,Microdicked,fuckshismom,fuckhisdog kid.

i'm out, this board is even more filled with stupid fags, that are nothing.

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August 04, 2013, 11:10:05 AM
 #26

Yea in dollars, you will still be an..

Fat,Bold,Microdicked,fuckshismom,fuckhisdog kid.

i'm out, this board is even more filled with stupid fags, that are nothing.

Why are you so mad? I know you are a big time supporter of this coin, you just can't deny these facts so you instead start cursing at people?

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August 04, 2013, 11:17:31 AM
 #27

If i was invested in PXC I'd be calling him a troll too  Wink

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August 04, 2013, 01:18:12 PM
 #28

Yea in dollars, you will still be an..

Fat,Bold,Microdicked,fuckshismom,fuckhisdog kid.

i'm out, this board is even more filled with stupid fags, that are nothing.

Next time get the hell out before you start calling people names.

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August 04, 2013, 01:21:30 PM
 #29

Yea in dollars, you will still be an..

Fat,Bold,Microdicked,fuckshismom,fuckhisdog kid.

i'm out, this board is even more filled with stupid fags, that are nothing.

Why are you so mad? I know you are a big time supporter of this coin, you just can't deny these facts so you instead start cursing at people?

He plays counterstrike 24/7 so 50% of his effort needs to go into cursing the other team.

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August 04, 2013, 02:18:28 PM
 #30

Yea in dollars, you will still be an..

Fat,Bold,Microdicked,fuckshismom,fuckhisdog kid.

i'm out, this board is even more filled with stupid fags, that are nothing.

Why are you so mad? I know you are a big time supporter of this coin, you just can't deny these facts so you instead start cursing at people?

He plays counterstrike 24/7 so 50% of his effort needs to go into cursing the other team.

So much win here  Cheesy Cheesy

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August 04, 2013, 02:21:20 PM
 #31

I couldnt agree more with this thread, well spoken! PXC scamed everyone for their benifit!

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usahero
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August 04, 2013, 04:07:36 PM
 #32

Nice.

I was mostly interested in the "Poker room" thing, and I received decent explanation from you.


From my point of view, PXC and FTC are both scam coins from marketing teams that have no development skills. But there I had problem with this explanation, because PXC had own poker room. Now knowing that their (not working) poker room is open software explains it all.


Thank you for your time and the text.
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August 04, 2013, 04:40:47 PM
 #33

 
"scam coins from marketing teams"

So these elite marketing teams...
Can scam maybe $20,000 off a successful launch of a Top 20 alt?

It sounds like a hard way to make minimum wage.
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August 04, 2013, 05:36:41 PM
 #34

Yea in dollars, you will still be an..

Fat,Bold,Microdicked,fuckshismom,fuckhisdog kid.

i'm out, this board is even more filled with stupid fags, that are nothing.

Yeah, this fits very much the term "Troll"... great example!
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August 04, 2013, 06:28:57 PM
 #35

i got nothing out of the post except micro dicks on counter strike...  Huh

wheres the luv...

Set Escrow
¯\_(ツ)_/¯
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August 04, 2013, 07:27:30 PM
 #36

Yea in dollars, you will still be an..

Fat,Bold,Microdicked,fuckshismom,fuckhisdog kid.

i'm out, this board is even more filled with stupid fags, that are nothing.

Yeah, this fits very much the term "Troll"... great example!
Too much rage by a supporter.

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August 04, 2013, 08:19:51 PM
 #37

Nice expose.

I see we have the usual 'bagholder' responses, but the silence from the 'dev's' is deafening.

I too bought into PXC based on a number of claims by the promoters that the price was going to go up due the merger but so far the price has only dropped. The sooner I can dump these scamcoins the better.

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
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August 04, 2013, 08:22:51 PM
 #38

Unfortunately, Phenixcoin does bad PR for the whole UNOCS alliance now. They have to work their asses off to bring back the reputation and I really doubt they are able to.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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August 04, 2013, 08:38:42 PM
 #39

Nice expose.

I see we have the usual 'bagholder' responses, but the silence from the 'dev's' is deafening.

I too bought into PXC based on a number of claims by the promoters that the price was going to go up due the merger but so far the price has only dropped. The sooner I can dump these scamcoins the better.

Nice avatar  Grin
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August 04, 2013, 09:16:27 PM
 #40

Nice expose.

I see we have the usual 'bagholder' responses, but the silence from the 'dev's' is deafening.

I too bought into PXC based on a number of claims by the promoters that the price was going to go up due the merger but so far the price has only dropped. The sooner I can dump these scamcoins the better.
You speak wisdoom, old miner  Cheesy Tongue

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August 04, 2013, 09:32:15 PM
 #41



Nice avatar  Grin

Fixed  Grin

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
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August 05, 2013, 12:28:28 AM
 #42

It is funny how John(?) doesn't reply to any criticism.
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August 05, 2013, 12:05:13 PM
 #43

It is funny how John(?) doesn't reply to any criticism.

If they answering they keep these things alive. So I guess they leave criticism unanswered and let these threads sink.
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August 05, 2013, 01:06:39 PM
 #44

It is funny how John(?) doesn't reply to any criticism.

If they answering they keep these things alive. So I guess they leave criticism unanswered and let these threads sink.

Let these threads sink is rude. Gentlemen don't do that.

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August 05, 2013, 01:07:31 PM
 #45

It is funny how John(?) doesn't reply to any criticism.

If they answering they keep these things alive. So I guess they leave criticism unanswered and let these threads sink.

We'll ensure that doesn't happen  Wink

He avoided a direct question on a similar topic from myself last month when he challenged OTHER developers to answer questions about their own coins. Very tactful but people are becoming aware.
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August 05, 2013, 05:45:53 PM
 #46

It is funny how John(?) doesn't reply to any criticism.

If they answering they keep these things alive. So I guess they leave criticism unanswered and let these threads sink.

We'll ensure that doesn't happen  Wink

He avoided a direct question on a similar topic from myself last month when he challenged OTHER developers to answer questions about their own coins. Very tactful but people are becoming aware.
It's a scam  Cheesy Wink

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August 05, 2013, 08:15:07 PM
 #47

True, ostrich tactics rarely working very well against a determined opponent Smiley.
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August 07, 2013, 06:29:40 AM
 #48

bump for newbies  Grin
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August 07, 2013, 11:32:52 AM
Last edit: August 08, 2013, 02:45:19 PM by Bitsinmyhead
 #49

It is funny how John(?) doesn't reply to any criticism.

I am starting to fear we might not hear more from the developers of this coin. I am also very disappointed that the "Official PR-team" (Joerii and nawazish1) has been so quiet lately.

Anyways, this thread is starting to lack in the hype-department so I am going to do something about that.

Within 24 hours I will make a new post showing more facts that will uncover that the PXC and UNOCS developer is not as "highly skilled" as he wants us to believe.

Once again, in the words of iamatrix (I'm just changing drop to go up):
"I do not think its going to go up to .0002 any time soon"
https://bitcointalk.org/index.php?topic=211165.msg2710214#msg2710214

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Disastrus
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August 07, 2013, 11:55:29 AM
Last edit: August 07, 2013, 12:06:02 PM by Disastrus
 #50

as an investor in all 3 unocs coins..and more..

I really don't get what you are trying to do here. I get some of your points...
And some still can be debated on and will have to show in time also.

But this is more and more looking as  a bit of a ridiculous crusade.
I invested also in these coins and others (quite heavily)
Dissapointment I also understand, but this I don't.

It seems to become an old women club here.
No offense, but there is nothing "noble" about this topic...
But if this makes you happy, then go for it. People love this stuff, sad, but true.

In the end people make mistakes and I for one will give it time to get better.
In these last months I have experienced way worse things than this with coins, so I am not so freaked out about this ...(yet)

If things turn out to be different...will you open up a topic to set things straight again as well?



I hope it turns out for you in some aspect.




* note

Why are there so many people reacting here that don't have anything to do with these coins?
because they are worried about our benifits?......nahh...


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August 07, 2013, 12:12:39 PM
 #51

It makes me laugh every time I see this thread pop back up on the first page. But hey, if you got time to burn I guess why not. It's just funny because no one realizes that if a coin was actually to be used in the public as intended, less than 1% of actual users will ever even see threads like this because they don't visit forums, read about the ins and outs of the coin, etc. To me it seems more off a whiny sort of thread to complain about their feelings through facts.

There's been tons of scams run, it's nothing new. Yes I hold Phenixcoins, but that's my decision. I've been burned by other ordeals but I don't complain about it, it is what it is.

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August 07, 2013, 12:21:22 PM
 #52

It is funny how John(?) doesn't reply to any criticism.

I am starting to fear we might not hear more from the developers of this coin. I am also very disappointed that the "Official PR-team" (MaGNeT and nawazish1) has been so quiet lately.

Anyways, this thread is starting to lack in the hype-department so I am going to do something about that.

Within 24 hours I will make a new post showing more facts that will uncover that the PXC and UNOCS developer is not as "highly skilled" as he wants us to believe.

Once again, in the words of iamatrix (I'm just changing drop to go up):
"I do not think its going to go up to .0002 any time soon"
https://bitcointalk.org/index.php?topic=211165.msg2710214#msg2710214

The 'old womans club' (aka educating the laymen) looks forward to reading your grand reveal!
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August 07, 2013, 12:39:11 PM
 #53

It makes me laugh every time I see this thread pop back up on the first page. But hey, if you got time to burn I guess why not. It's just funny because no one realizes that if a coin was actually to be used in the public as intended, less than 1% of actual users will ever even see threads like this because they don't visit forums, read about the ins and outs of the coin, etc. To me it seems more off a whiny sort of thread to complain about their feelings through facts.

There's been tons of scams run, it's nothing new. Yes I hold Phenixcoins, but that's my decision. I've been burned by other ordeals but I don't complain about it, it is what it is.

Serious investors don't read forums, they deal with facts and numbers. They don't complain, they sell and stay out. Phenixcoin hasn't delivered a single working project. They haven't completed the Bridge for UNOCS, it's 17 days past schedule. Their site says "Alpha - Penetration Testing" for a few days. It's not funny anymore.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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August 07, 2013, 01:03:11 PM
 #54

It makes me laugh every time I see this thread pop back up on the first page. But hey, if you got time to burn I guess why not. It's just funny because no one realizes that if a coin was actually to be used in the public as intended, less than 1% of actual users will ever even see threads like this because they don't visit forums, read about the ins and outs of the coin, etc. To me it seems more off a whiny sort of thread to complain about their feelings through facts.

There's been tons of scams run, it's nothing new. Yes I hold Phenixcoins, but that's my decision. I've been burned by other ordeals but I don't complain about it, it is what it is.

Serious investors don't read forums, they deal with facts and numbers. They don't complain, they sell and stay out. Phenixcoin hasn't delivered a single working project. They haven't completed the Bridge for UNOCS, it's 17 days past schedule. Their site says "Alpha - Penetration Testing" for a few days. It's not funny anymore.


Since when was UNOCS Phenixcoin-specific?

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August 07, 2013, 01:26:08 PM
 #55

It makes me laugh every time I see this thread pop back up on the first page. But hey, if you got time to burn I guess why not. It's just funny because no one realizes that if a coin was actually to be used in the public as intended, less than 1% of actual users will ever even see threads like this because they don't visit forums, read about the ins and outs of the coin, etc. To me it seems more off a whiny sort of thread to complain about their feelings through facts.

There's been tons of scams run, it's nothing new. Yes I hold Phenixcoins, but that's my decision. I've been burned by other ordeals but I don't complain about it, it is what it is.

Serious investors don't read forums, they deal with facts and numbers. They don't complain, they sell and stay out. Phenixcoin hasn't delivered a single working project. They haven't completed the Bridge for UNOCS, it's 17 days past schedule. Their site says "Alpha - Penetration Testing" for a few days. It's not funny anymore.


Since when was UNOCS Phenixcoin-specific?

With the extent of the premine and instamine on all three of these coins. Any smart investor who does his research (as google will lead them straight here) will not invest in a bunch of altcoins who tried to differentiate themselves on broken services/ scam (PXC), riding on a more popular coins name - big deal/ huge instamine (FTC) or just another clone with quicker, yet less secure transactions (WDC).

I would start preparing for the huge disappointment you will experience in a matter of hours/ days/ weeks/ months... It will hit you. I suggest you get some family members around and a bottle of scotch.
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August 07, 2013, 06:51:42 PM
 #56

I have received a PM from someone giving me additional information showing that the developer of PXC and UNOCS is not as "highly skilled" as he says he is, and that the pattern of lies, bad coding and broken promises is not something new.

Confirmation that the developer of PXC, Michael (iamatrix), is the same user as Mike69 at the gfy.com (NSFW) forums:
"Here is my MSN : michael at iamatrix dot com"
http://gfy.com/showpost.php?p=9584980&postcount=8

Now the fun begins as we can look into the history of this Mike69 user.

First hit on google for "mike69 gfy" is a thread titled:
Mike69 biggest ripoff programmer - GFY Webmaster Board
http://gfy.com/showthread.php?t=966290
Quote
I decided to write this thread finally after MANY attempts of getting hole of Mike69 to finish the project paid for. I understand that I should have looked into his reputation before dealing with him, but I was brand new to this business and very excited to see the outcome of the program.

About 1 1/2 years ago I was looking into purchasing a custom webcam program to be made COMPLETELY from scratch. After many detailed discussions on what the program would feature, and how he would also keep it up to date and add features for low prices he quoted us 10k. He agreed that the program would be fully functional with a admin area also. We decided to do a half now and pay the remainder when the program was finished. He said the whole project would take about 3-4 months max.

From the start Mike seemed like a genuine nice guy, and I thought he actually cared about the outcome of this project, and the quality of his work. He bragged about how he used to work for adult.com as the main programmer and how he is the best in the business, and how adult.com ripped him off so he decided to do his own freelance work. I was a newbie to this business and very naive so I believed him, not to mention he had his wife Tina backing him up the whole time.

We sent the first half (5k) to him provided him with everything he needed, dedicated server etc. For the next 2 months Mike went on about how he was working 12-16 hour days on our program, and had it almost finished. He showed me some basic screen shots of his progress along the way, it looked decent to me at the time, but I really didn't know anything about programming. His wife kept calling me everyday looking for more money (even though we sent the first 50%), she said that without the remainder he would have to take other work to pay the bills. We were very reluctant at first but she kept calling and making up excuses, so we paid of the 5k balance before the program was finished (one of the worse business mistakes I ever made).

Now the real horror story begins. Once the money was sent it was almost impossible to get a hold of him or his wife Tina (the past 4 months they had been calling every day looking for more money). I decided to show a friend of mine who is a mainstream php programmer everything he did for us so far. Within 10 minutes of my friend taking a look at the script, he said "you were ripped off", Mike sold us a non functional program he created in 1998. My friend told me that the code was so bad and old, that there was no point of even trying to fix it. I wrote Tina, and Mike about it (because they wouldn't pickup my calls) saying I was going to show everyone on GFY how you ripped me off. He contacted me within 5 minutes, and said he would re do the program and finish the admin area. I decided to give him another chance because really I had no other choice (it wasn't like these scam artist are going to refund our money). Months went by and nothing! He doesn't respond to my ICQ messages, or pickup my calls. I know they started a cam site called camgirlscorner (dot) com, and is working on a payment processor.

I know a lot of you are already aware of what a scumbag Mike69 is, and how I made a lot of obvious mistakes trusting these people, but I hope it might save a few people from getting scammed in the future.

Now to be fair it is a pretty long thread with some people supporting Mike. However, all this just sounds way too familiar to me. It is pretty much the same story as what has been exposed in my OP. Lots of promises, delays and broken time limits, fancy screenshots, but no working product, bad coding, more promises that everything is almost done etc.

When you start looking at more threads about this user, you find more of the same:

Mike69... What the Fuck??
http://gfy.com/showthread.php?t=838181
Quote
It's been well over five months since I hired you as a developer for my project. Two months ago I even doubled the agreed upon amount paid to you. Since then you've given me virtually nothing but excuses. Now you're ignoring me completely.

Another example of him not delivering:
So I bought some content from LexiLexxx and Mike69!
http://gfy.com/showthread.php?t=539601
Not gonna quote this one, but it is another example of Mike not delivering on his promises and making up excuses. (Should probably warn about it being NSFW Wink)

One more
MIKE69.........When are you going to give me my money?
http://gfy.com/showthread.php?t=591820

There is also a ton of threads around where people ask for Mike69 to get in touch with them. If I am going to speculate it is probably because he has gone MIA after starting some project for them.

Anyone seen Mike69?
http://gfy.com/showthread.php?t=406460

Mike69 Please CONTACT Me ASAP!
http://gfy.com/showthread.php?t=588373

Looking for Mike69
http://www.justblowme.com/showthread.php/10486-Looking-for-Mike69

Mike69
http://www.justblowme.com/showthread.php/13452-Mike69

Finally an interesting thread from his (former) wife. Not going to judge, read it yourself Wink

What happened to the post on Mike69?
http://gfy.com/showthread.php?t=146958

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.SEMUX
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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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Disastrus
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August 07, 2013, 08:27:45 PM
 #57

even if this all was true...

what a mofo u are bitsinmyhead, this is nazi like stuff man...congratts...u have just been promoted to the gestapo.
nothing to do with coins anymore.


you have fucked up ethics dude....even if you think you are right.

 
a big FUCK U to you and your morals.

you completely lost me here...

Lauda
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August 07, 2013, 10:28:38 PM
 #58

This thread is definently interesting and has quite some facts up in it's sleeve.

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MAJESTIC..
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..WIN 1 BITCOIN ON EVERY PREMIER LEAGUE MATCHDAY..
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.
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FiiNALiZE
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August 07, 2013, 10:36:52 PM
 #59

For your poker room diatribe, the reference link you posted shows the dev saying, "We are looking at full professional casino software right now, we will probably be swapping it out shortly.."

How is that ignoring the question? You asked them if they were coding the poker room themselves and they said they were looking at implementing casino software. I never had any problems cashing out/depositing/playing poker there.


As for the 10k PXC for the Google Docs, I believe that was justified. No one else took time out of their schedule to make a Docs exchange and iamatrix decided to donate some PXC to him for his troubles. He did not pay YCY to start the exchange.

Also, if you look down in your "Critics being censored" thread, you'll see iamatrix giving away thousands of PXC away so people can play poker. I call that altruism not bribery.

YCY has no connection to PXC whatsoever except for running a Docs exchange so I don't see why him scamming people should affect PXC negatively in any way.

As for the premine, I can't anything about it, but that also means you can't insinuate that the coins are used to benefit the devs and/or their friends. And seeing as how he's just giving them away to anyone who asks, I wouldn't think he's using the premine to make a profit (unless you are really insane and think the people he's giving them away to are his friends/family).

I would counter every argument that you've made so far but I don't have time. Your argument is weak and backed up by flimsy pieces of evidence that you stretched to fit your side of the story. It almost feels like every day, 10 new threads are made about how every new coin released is a scam. Kinda getting annoying now.
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August 07, 2013, 10:44:33 PM
 #60

I have received a PM from someone giving me additional information showing that the developer of PXC and UNOCS is not as "highly skilled" as he says he is, and that the pattern of lies, bad coding and broken promises is not something new.

Confirmation that the developer of PXC, Michael (iamatrix), is the same user as Mike69 at the gfy.com (NSFW) forums:
"Here is my MSN : michael at iamatrix dot com"
http://gfy.com/showpost.php?p=9584980&postcount=8

Now the fun begins as we can look into the history of this Mike69 user.

First hit on google for "mike69 gfy" is a thread titled:
Mike69 biggest ripoff programmer - GFY Webmaster Board
http://gfy.com/showthread.php?t=966290
Quote
I decided to write this thread finally after MANY attempts of getting hole of Mike69 to finish the project paid for. I understand that I should have looked into his reputation before dealing with him, but I was brand new to this business and very excited to see the outcome of the program.

About 1 1/2 years ago I was looking into purchasing a custom webcam program to be made COMPLETELY from scratch. After many detailed discussions on what the program would feature, and how he would also keep it up to date and add features for low prices he quoted us 10k. He agreed that the program would be fully functional with a admin area also. We decided to do a half now and pay the remainder when the program was finished. He said the whole project would take about 3-4 months max.

From the start Mike seemed like a genuine nice guy, and I thought he actually cared about the outcome of this project, and the quality of his work. He bragged about how he used to work for adult.com as the main programmer and how he is the best in the business, and how adult.com ripped him off so he decided to do his own freelance work. I was a newbie to this business and very naive so I believed him, not to mention he had his wife Tina backing him up the whole time.

We sent the first half (5k) to him provided him with everything he needed, dedicated server etc. For the next 2 months Mike went on about how he was working 12-16 hour days on our program, and had it almost finished. He showed me some basic screen shots of his progress along the way, it looked decent to me at the time, but I really didn't know anything about programming. His wife kept calling me everyday looking for more money (even though we sent the first 50%), she said that without the remainder he would have to take other work to pay the bills. We were very reluctant at first but she kept calling and making up excuses, so we paid of the 5k balance before the program was finished (one of the worse business mistakes I ever made).

Now the real horror story begins. Once the money was sent it was almost impossible to get a hold of him or his wife Tina (the past 4 months they had been calling every day looking for more money). I decided to show a friend of mine who is a mainstream php programmer everything he did for us so far. Within 10 minutes of my friend taking a look at the script, he said "you were ripped off", Mike sold us a non functional program he created in 1998. My friend told me that the code was so bad and old, that there was no point of even trying to fix it. I wrote Tina, and Mike about it (because they wouldn't pickup my calls) saying I was going to show everyone on GFY how you ripped me off. He contacted me within 5 minutes, and said he would re do the program and finish the admin area. I decided to give him another chance because really I had no other choice (it wasn't like these scam artist are going to refund our money). Months went by and nothing! He doesn't respond to my ICQ messages, or pickup my calls. I know they started a cam site called camgirlscorner (dot) com, and is working on a payment processor.

I know a lot of you are already aware of what a scumbag Mike69 is, and how I made a lot of obvious mistakes trusting these people, but I hope it might save a few people from getting scammed in the future.

Now to be fair it is a pretty long thread with some people supporting Mike. However, all this just sounds way too familiar to me. It is pretty much the same story as what has been exposed in my OP. Lots of promises, delays and broken time limits, fancy screenshots, but no working product, bad coding, more promises that everything is almost done etc.

When you start looking at more threads about this user, you find more of the same:

Mike69... What the Fuck??
http://gfy.com/showthread.php?t=838181
Quote
It's been well over five months since I hired you as a developer for my project. Two months ago I even doubled the agreed upon amount paid to you. Since then you've given me virtually nothing but excuses. Now you're ignoring me completely.

Another example of him not delivering:
So I bought some content from LexiLexxx and Mike69!
http://gfy.com/showthread.php?t=539601
Not gonna quote this one, but it is another example of Mike not delivering on his promises and making up excuses. (Should probably warn about it being NSFW Wink)

One more
MIKE69.........When are you going to give me my money?
http://gfy.com/showthread.php?t=591820

There is also a ton of threads around where people ask for Mike69 to get in touch with them. If I am going to speculate it is probably because he has gone MIA after starting some project for them.

Anyone seen Mike69?
http://gfy.com/showthread.php?t=406460

Mike69 Please CONTACT Me ASAP!
http://gfy.com/showthread.php?t=588373

Looking for Mike69
http://www.justblowme.com/showthread.php/10486-Looking-for-Mike69

Mike69
http://www.justblowme.com/showthread.php/13452-Mike69

Finally an interesting thread from his (former) wife. Not going to judge, read it yourself Wink

What happened to the post on Mike69?
http://gfy.com/showthread.php?t=146958

Mind blown  Shocked ... The poor sheep who gave into the UNOCS hype, a day of remembrance will be established. 
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August 07, 2013, 11:32:52 PM
 #61

I think the people @wdc and ftc didnt expect this either. What an idiot this michael Burns. Thanks for posting this information.

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August 08, 2013, 12:10:26 AM
 #62

What a witchhunt this is getting pathetic.....

 Bitsimyhead Hvorfor prøve å skade noen som har ikke skade noen?

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August 08, 2013, 12:51:21 AM
Last edit: August 08, 2013, 03:35:30 AM by NWO
 #63

What a witchhunt this is getting pathetic.....

 Bitsimyhead Hvorfor prøve å skade noen som har ikke skade noen?



Puppet account masked in a DGC theme for extra effectiveness?

Getting creative John/ Mike69  Cheesy
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August 08, 2013, 01:31:37 AM
 #64

hah, you should write sci-fi^

you tin hat fuck

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August 08, 2013, 08:13:49 AM
 #65

hah, you should write sci-fi^

you tin hat fuck



And in the meantime you are still waiting for the websites. You need a tin hat for still believing that they will ever come.

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August 08, 2013, 08:55:56 AM
 #66

LOL @ the Gestapo comparation...   Roll Eyes
Who has no arguments, resorts to insults. Thx for the detective work bitsinmyhead. Wink
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August 08, 2013, 09:03:41 AM
 #67

I really like how Iamatrix has no response for this.  Maybe people should start giving a little more credit to devs that have been around the community for a while and not just any old fuck tard that thinks they can come here to create coin in five minutes after posting in forums 20 times... 

The thing that kills me most.. is all you morons keep mining every new damn coin that's posted.. how many in the past week?   And BigTurd doesn't fucking help much creating an exchange with all the shit coins that nobody know's who made them.

I do find this thread funny yet sad!  I can only imagine how many people have been fucked.. how many people are going to still get fucked.  And then of course there are the ftc and wdc peoples.. wheres the factual dirt on them? 


this is ridiculous!  STOP MINING EVERY NEW COIN FROM USERS WITH 20 POSTS IN THE FORUMS YOU FUCKING RETARDS!  *rant over*
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August 08, 2013, 09:34:15 AM
 #68

What a witchhunt this is getting pathetic.....

 Bitsimyhead Hvorfor prøve å skade noen som har ikke skade noen?



Puppet account masked in a DGC theme for extra effectiveness?

Getting creative John/ Mike69  Cheesy
Cheesy Cheesy Yes! It's definently some alt.
The scam has been exposed  Smiley

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.
MAJESTIC..
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.
..WIN 1 BITCOIN ON EVERY PREMIER LEAGUE MATCHDAY..
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August 08, 2013, 10:55:56 AM
 #69

Pretty busy, but I am going to make a quick reply to some of the stuff here.

First, I do not understand why you guys are so angry. Everything I have posted are known facts with references. Whenever I have speculated I have clearly stated that.

If I was invested in something and someone took the time to dig up a lot of facts for me I would thank them because it would make my decision to sell or buy easier. I guess you guys prefer to make your decision and then stick with it no matter what. Not really surprising as it is a known tendency for people to do this. It is called confirmation bias. Unfortunately it does not go well with making money Sad
http://en.wikipedia.org/wiki/Confirmation_bias

For your poker room diatribe, the reference link you posted shows the dev saying, "We are looking at full professional casino software right now, we will probably be swapping it out shortly.."

The question was: "btw are you coding ont he poker product yourself or did you licence a software ?"
And as you are saying their answer was: "We are looking at full professional casino software right now, we will probably be swapping it out shortly.."

I think most would agree that is not a direct answer to the question posted. Thus my conclusion that they were avoiding it. The answer you would expect from 100% open and honest developers would be something like: "No, the poker room is open source and not made by us, but we are looking at full professional casino software right now, we will probably be swapping it out shortly.."

(Note: More than two months later nothing has been swapped out yet.)

Bitsimyhead Hvorfor prøve å skade noen som har ikke skade noen?

Found this cute. He is using google translate to intimidate me. Someone found my IP or something. Lucky for me, my heart is pure so there is really not much these guys can do Grin However, I do not like bullies so this might fuel my fire to dig into this with even more energy.

Finally, thanks to everyone who have thanked me in this thread and through PMs. I really appreciate it and it makes my time spent on this feel worthwhile.

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Bitsinmyhead
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August 08, 2013, 11:08:22 AM
 #70

Might have gotten it from there, but I was also referring to a PM I have received with a link that tricked me into revealing my IP.

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  Semux uses 100% original codebase
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NWO
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August 08, 2013, 11:46:51 AM
 #71

Might have gotten it from there, but I was also referring to a PM I have received with a link that tricked me into revealing my IP.

Trust me, a lot of people are thankful. I'm glad this has all been revealed before some people get seriously burned. Its either confirmation bias or people who are so blind with greed that they don't care what they hear as long as they profit from the noobs.

We can expect a mass exodus in wake of these revelations on the exchanges for PXC. Panic sell incoming!
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August 08, 2013, 01:10:39 PM
 #72

If you have been critical to PXC, please do not open any links in PMs that you receive. Both me and at least one other person who has been critical have received a PM with a link which when clicked send them your IP address.

I have no idea what they plan to do with this info. Doing stuff like this instead of using their time in a more constructive manner is just another sign that things are getting out of control for them to me.

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Scooby903
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August 08, 2013, 01:30:18 PM
 #73

If you have been critical to PXC, please do not open any links in PMs that you receive. Both me and at least one other person who has been critical have received a PM with a link which when clicked send them your IP address.

I have no idea what they plan to do with this info. Doing stuff like this instead of using their time in a more constructive manner is just another sign that things are getting out of control for them to me.

Trollbox 101 - Never open a link someone sends you in a PM  Grin
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August 08, 2013, 02:11:50 PM
 #74

If you have been critical to PXC, please do not open any links in PMs that you receive. Both me and at least one other person who has been critical have received a PM with a link which when clicked send them your IP address.

I have no idea what they plan to do with this info. Doing stuff like this instead of using their time in a more constructive manner is just another sign that things are getting out of control for them to me.

Trollbox 101 - Never open a link someone sends you in a PM  Grin
Yep, so this is why you use a vpn located in a 3rd world country that speaks no english  Cheesy Cheesy

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August 08, 2013, 02:21:32 PM
 #75

I have received a PM from someone giving me additional information showing that the developer of PXC and UNOCS is not as "highly skilled" as he says he is, and that the pattern of lies, bad coding and broken promises is not something new.

Confirmation that the developer of PXC, Michael (iamatrix), is the same user as Mike69 at the gfy.com (NSFW) forums:
"Here is my MSN : michael at iamatrix dot com"
http://gfy.com/showpost.php?p=9584980&postcount=8

Now the fun begins as we can look into the history of this Mike69 user.

First hit on google for "mike69 gfy" is a thread titled:
Mike69 biggest ripoff programmer - GFY Webmaster Board
http://gfy.com/showthread.php?t=966290
Quote
I decided to write this thread finally after MANY attempts of getting hole of Mike69 to finish the project paid for. I understand that I should have looked into his reputation before dealing with him, but I was brand new to this business and very excited to see the outcome of the program.

About 1 1/2 years ago I was looking into purchasing a custom webcam program to be made COMPLETELY from scratch. After many detailed discussions on what the program would feature, and how he would also keep it up to date and add features for low prices he quoted us 10k. He agreed that the program would be fully functional with a admin area also. We decided to do a half now and pay the remainder when the program was finished. He said the whole project would take about 3-4 months max.

From the start Mike seemed like a genuine nice guy, and I thought he actually cared about the outcome of this project, and the quality of his work. He bragged about how he used to work for adult.com as the main programmer and how he is the best in the business, and how adult.com ripped him off so he decided to do his own freelance work. I was a newbie to this business and very naive so I believed him, not to mention he had his wife Tina backing him up the whole time.

We sent the first half (5k) to him provided him with everything he needed, dedicated server etc. For the next 2 months Mike went on about how he was working 12-16 hour days on our program, and had it almost finished. He showed me some basic screen shots of his progress along the way, it looked decent to me at the time, but I really didn't know anything about programming. His wife kept calling me everyday looking for more money (even though we sent the first 50%), she said that without the remainder he would have to take other work to pay the bills. We were very reluctant at first but she kept calling and making up excuses, so we paid of the 5k balance before the program was finished (one of the worse business mistakes I ever made).

Now the real horror story begins. Once the money was sent it was almost impossible to get a hold of him or his wife Tina (the past 4 months they had been calling every day looking for more money). I decided to show a friend of mine who is a mainstream php programmer everything he did for us so far. Within 10 minutes of my friend taking a look at the script, he said "you were ripped off", Mike sold us a non functional program he created in 1998. My friend told me that the code was so bad and old, that there was no point of even trying to fix it. I wrote Tina, and Mike about it (because they wouldn't pickup my calls) saying I was going to show everyone on GFY how you ripped me off. He contacted me within 5 minutes, and said he would re do the program and finish the admin area. I decided to give him another chance because really I had no other choice (it wasn't like these scam artist are going to refund our money). Months went by and nothing! He doesn't respond to my ICQ messages, or pickup my calls. I know they started a cam site called camgirlscorner (dot) com, and is working on a payment processor.

I know a lot of you are already aware of what a scumbag Mike69 is, and how I made a lot of obvious mistakes trusting these people, but I hope it might save a few people from getting scammed in the future.

Now to be fair it is a pretty long thread with some people supporting Mike. However, all this just sounds way too familiar to me. It is pretty much the same story as what has been exposed in my OP. Lots of promises, delays and broken time limits, fancy screenshots, but no working product, bad coding, more promises that everything is almost done etc.

When you start looking at more threads about this user, you find more of the same:

Mike69... What the Fuck??
http://gfy.com/showthread.php?t=838181
Quote
It's been well over five months since I hired you as a developer for my project. Two months ago I even doubled the agreed upon amount paid to you. Since then you've given me virtually nothing but excuses. Now you're ignoring me completely.

Another example of him not delivering:
So I bought some content from LexiLexxx and Mike69!
http://gfy.com/showthread.php?t=539601
Not gonna quote this one, but it is another example of Mike not delivering on his promises and making up excuses. (Should probably warn about it being NSFW Wink)

One more
MIKE69.........When are you going to give me my money?
http://gfy.com/showthread.php?t=591820

There is also a ton of threads around where people ask for Mike69 to get in touch with them. If I am going to speculate it is probably because he has gone MIA after starting some project for them.

Anyone seen Mike69?
http://gfy.com/showthread.php?t=406460

Mike69 Please CONTACT Me ASAP!
http://gfy.com/showthread.php?t=588373

Looking for Mike69
http://www.justblowme.com/showthread.php/10486-Looking-for-Mike69

Mike69
http://www.justblowme.com/showthread.php/13452-Mike69

Finally an interesting thread from his (former) wife. Not going to judge, read it yourself Wink

What happened to the post on Mike69?
http://gfy.com/showthread.php?t=146958

That is some good detective work.

Phenixcoin is looking worse each day. We  need proper statements from the developers to assure us.






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August 08, 2013, 06:05:50 PM
 #76

Quote
EXPOSING PHENIXCOIN: The hype and the scam
Fixed that one.
What's making it worse no reponse from devs and such..

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August 08, 2013, 06:24:15 PM
 #77

I think the PXC 'PR-team' is mindblown as well. No response, bet they are selling everything right now  Grin

Thank you Bitsinmyhead. Sold everything with a big loss, but better selling now than when it's worth absolute nothing  Smiley

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August 08, 2013, 06:26:52 PM
 #78

I think the PXC 'PR-team' is mindblown as well. No response, bet they are selling everything right now  Grin

Thank you Bitsinmyhead. Sold everything with a big loss, but better selling now than when it's worth absolute nothing  Smiley

I thought you had sold after the patch was announced? Or I may have been mixing you up with somebody else.
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August 08, 2013, 06:29:35 PM
 #79

Glad I dumped these scamcoins

Shits gonna be worthless soon...

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
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August 08, 2013, 06:30:45 PM
 #80

I think the PXC 'PR-team' is mindblown as well. No response, bet they are selling everything right now  Grin

Thank you Bitsinmyhead. Sold everything with a big loss, but better selling now than when it's worth absolute nothing  Smiley

Looked at cryptsy.  Only 15-20k sells a day.  No way near dumpin'.

PR response here?  Rabbit in a foxhole?  If they respond they get attacked,  if they don't they get attacked.  PXC update topic had a response today.


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August 08, 2013, 06:42:08 PM
 #81

I think the PXC 'PR-team' is mindblown as well. No response, bet they are selling everything right now  Grin

Thank you Bitsinmyhead. Sold everything with a big loss, but better selling now than when it's worth absolute nothing  Smiley



Looked at cryptsy.  Only 15-20k sells a day.  No way near dumpin'.

PR response here?  Rabbit in a foxhole?  If they respond they get attacked,  if they don't they get attacked.  PXC update topic had a response today.


clearly big older are not dumping their PXC.

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August 08, 2013, 06:55:43 PM
 #82

I think the PXC 'PR-team' is mindblown as well. No response, bet they are selling everything right now  Grin

Thank you Bitsinmyhead. Sold everything with a big loss, but better selling now than when it's worth absolute nothing  Smiley

I thought you had sold after the patch was announced? Or I may have been mixing you up with somebody else.

Yes, I did. Why? I don't get your response

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August 09, 2013, 12:41:18 AM
 #83

this should be on page one!  keep bumping it until somebody worthy comes up with some sort of response!
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August 09, 2013, 08:24:55 AM
 #84

this should be on page one!  keep bumping it until somebody worthy comes up with some sort of response!
If that ever happens..

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.
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Disastrus
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August 09, 2013, 09:13:57 AM
 #85

they shouldn't...you guys are retards...everyone knows.
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August 09, 2013, 09:21:54 AM
 #86

Maybe a bit early to make a funeral for PXC. FTC is doing well it has a good volume as well so it can save the rest of unocs coins.
oldtimegin
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August 09, 2013, 10:55:35 AM
 #87

Maybe a bit early to make a funeral for PXC. FTC is doing well it has a good volume as well so it can save the rest of unocs coins.

reading the ftc forum it looks more like those guys want more to get rid of pxc than supporting it anymore. seems like they feel ripped off aswell. understandably so i might add.

http://forum.feathercoin.com/index.php?topic=3267.0

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August 09, 2013, 11:32:02 AM
 #88

Anticipating the response from the devs. We're in for a goodie.
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August 09, 2013, 12:59:21 PM
 #89

I think the PXC 'PR-team' is mindblown as well. No response, bet they are selling everything right now  Grin

Thank you Bitsinmyhead. Sold everything with a big loss, but better selling now than when it's worth absolute nothing  Smiley

1. Value is up on Cryptsy

2. PhenixEx alpha has been released

http://forum.phenixcoin.com/index.php/topic,138.0.html

3. Some services were delayed, but far from a scam

4. I'm involved in the next PhenixEx patch


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August 09, 2013, 01:10:04 PM
 #90

Anticipating the response from the devs. We're in for a goodie.

Dont hold your breath..

PhenixEx cryptocurrency exchange | Lifetime lower trading fees? Sign up here! | Let others sign up with your referral link and receive 25% of their trading fees!
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August 09, 2013, 01:11:19 PM
 #91

Anticipating the response from the devs. We're in for a goodie.

Dont hold your breath..

This should be fun.

Let me grab my popcorn.
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August 09, 2013, 01:19:20 PM
 #92

What a fuckin failure...... a 5 year old could do a better job at delivering than these clowns...

"Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present"
- Marcus Aurelius
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August 09, 2013, 01:26:14 PM
 #93

What a fuckin failure...... a 5 year old could do a better job at delivering than these clowns...

Well son.  What failed?  http://phenixex.com seems to work fine here.

Digital currency of the future!
gudmunsn
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August 09, 2013, 01:40:49 PM
 #94


Awesome job on the exchange! That looks totally sweet! I can't wait to start using it Cheesy

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August 09, 2013, 03:04:56 PM
 #95

What a fuckin failure......

Don't be so hard on yourself, you are not a failure.. I believe in your trolling attempts! (insert white shining light)

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August 09, 2013, 03:12:42 PM
 #96

I think the PXC 'PR-team' is mindblown as well. No response, bet they are selling everything right now  Grin

Thank you Bitsinmyhead. Sold everything with a big loss, but better selling now than when it's worth absolute nothing  Smiley

1. Value is up on Cryptsy

2. PhenixEx alpha has been released

http://forum.phenixcoin.com/index.php/topic,138.0.html

3. Some services were delayed, but far from a scam

4. I'm involved in the next PhenixEx patch


Epic response @all the facts from the orginal OP-

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Bitsinmyhead
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August 09, 2013, 05:15:46 PM
 #97


This is not news at all, if you see my OP I actually thought you guys were in beta 9th of July:

Quote from: Bitsinmyhead
-On July 9th it seems a beta of the exchange has been released. The developers also makes a bold statement: "We want to dominate the exchange market in the next 3 months." Now one month later and still no real exchange having been released this seems somewhat unlikely.
https://bitcointalk.org/index.php?topic=211165.msg2693642#msg2693642

Now you guys are saying you just entered alpha and you are trying to present this as some great news? Guess that is what you guys do. After all you expect to: "dominate the exchange market in the next 3 months." (A statement made 1 month ago). Good luck guys!

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August 09, 2013, 05:26:38 PM
 #98


This is not news at all, if you see my OP I actually thought you guys were in beta 9th of July:

Quote from: Bitsinmyhead
-On July 9th it seems a beta of the exchange has been released. The developers also makes a bold statement: "We want to dominate the exchange market in the next 3 months." Now one month later and still no real exchange having been released this seems somewhat unlikely.
https://bitcointalk.org/index.php?topic=211165.msg2693642#msg2693642

Now you guys are saying you just entered alpha and you are trying to present this as some great news? Guess that is what you guys do. After all you expect to: "dominate the exchange market in the next 3 months." (A statement made 1 month ago). Good luck guys!

Trading engine was rewritten from scratch. As you could see phenixex.com has the fastest engine in Crypto exchanges.

Thanks for your reply.

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August 09, 2013, 08:07:41 PM
 #99


...phenixex.com has the fastest engine in Crypto exchanges...


And you know that it is the fastest exchange because you had seen it in alpha? With play money and a handful of traders?

May I add this statement to the long list of PXC swaggering?
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August 09, 2013, 08:16:55 PM
 #100

 spank the monkey!
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August 10, 2013, 09:24:11 AM
 #101

you are welcome...
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August 11, 2013, 09:34:01 AM
 #102

bump  Tongue
We will probably never get a reply anways  Cheesy

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.
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NWO
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August 11, 2013, 10:20:51 PM
 #103

bump  Tongue
We will probably never get a reply anways  Cheesy

Hmm maybe its best to.... take alternate shifts!? I'll take Monday, Tuesday, Wednesday and you take the rest of the week  Wink
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August 12, 2013, 11:47:59 AM
 #104

*sigh*
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August 12, 2013, 08:18:44 PM
 #105

bump  Tongue
We will probably never get a reply anways  Cheesy

Hmm maybe its best to.... take alternate shifts!? I'll take Monday, Tuesday, Wednesday and you take the rest of the week  Wink
Well since I'm here today too, why not help you out?  Smiley

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August 15, 2013, 02:21:40 PM
 #106

shameless Bump
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August 15, 2013, 11:33:11 PM
 #107

shameless Bump
Bump shameless.

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August 16, 2013, 12:27:34 AM
 #108

BUMP

This bump is for educational purposes only.
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August 16, 2013, 10:05:37 AM
 #109

BUMP

This bump is for educational purposes only.
Educational purposes is for this bump only.

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August 22, 2013, 08:29:14 PM
 #110

Surprise PXC lovers Grin

I hope you are all not too anxious about that inevitable premine dump coming your way. Such uncertainty on such a risky investment!
Lauda
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August 23, 2013, 11:05:18 AM
 #111

Dump dump dump  Cheesy

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August 27, 2013, 11:27:05 AM
 #112

Just bumping in case some newbies are wondering why the price of PXC is going down the drain. This thread should explain it...  Shocked
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August 27, 2013, 11:43:45 AM
 #113

Just bumping in case some newbies are wondering why the price of PXC is going down the drain. This thread should be pinned...  Shocked

- Fixed

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
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August 27, 2013, 02:50:32 PM
 #114

Bumping it aswell.

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August 30, 2013, 09:32:24 AM
 #115

Doing my duty. Look at the price and hashing rate, its working! It's dying  Grin
Lauda
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August 30, 2013, 11:13:09 AM
 #116

Doing my duty. Look at the price and hashing rate, its working! It's dying  Grin
Hopefully it dies for good.

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September 22, 2013, 08:31:44 AM
 #117

Doing my duty. Look at the price and hashing rate, its working! It's dying  Grin
Hopefully it dies for good.

UNOCS couldn't handle the scandal, PXC is dropped and the price continues to DROP  Tongue
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September 22, 2013, 04:24:38 PM
 #118

Doing my duty. Look at the price and hashing rate, its working! It's dying  Grin
Hopefully it dies for good.

UNOCS couldn't handle the scandal, PXC is dropped and the price continues to DROP  Tongue

No surprise considering their development quality. Total incompetence.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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September 22, 2013, 05:36:30 PM
 #119

Doing my duty. Look at the price and hashing rate, its working! It's dying  Grin
Hopefully it dies for good.

UNOCS couldn't handle the scandal, PXC is dropped and the price continues to DROP  Tongue

No surprise considering their development quality. Total incompetence.


Damn right. I should have spent some serious time researching all the partners first especially as PXC as they were volunteering to do the dev work. I gave too much of my faith to Justabitoftime and regret that as some of his ideas needed sanity checking. Sorry Jabot but UNOCS was a total dud, I could have helped avoid it. PXC's infamous six hour notice hard fork which changed the mint rate was a total shock to me. Feathercoin should never have been involved with these guys.

Great thread by the way. I enjoyed the original post even though it was a great shock at the time. It may be biased but there are many truths in it.

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September 22, 2013, 05:58:04 PM
 #120

LOL I smell RATT!

doesn't make you look good , aren't you the head dev of FTC?
anyway. who cares, things come and go....but bushmonkey just makes me laugh trying to save face.


move on, next, etc. etc.
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September 22, 2013, 07:01:49 PM
 #121

LOL I smell RATT!

doesn't make you look good , aren't you the head dev of FTC?
anyway. who cares, things come and go....but bushmonkey just makes me laugh trying to save face.


move on, next, etc. etc.

Just being honest. Take it or leave it.

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September 22, 2013, 07:18:38 PM
 #122

LOL I smell RATT!

doesn't make you look good , aren't you the head dev of FTC?
anyway. who cares, things come and go....but bushmonkey just makes me laugh trying to save face.


move on, next, etc. etc.

I don't know how you define rat, but saying, "Yeah, you're right. It was a bad idea." doesn't qualify in my book. Feathercoin has admitted defeat with regards to this, issued a public apology, taken on new leadership, and Bushstar is agreeing that PXC is being poorly managed.

Cut the guy a little slack, would ya? Jeeze.


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September 22, 2013, 07:45:06 PM
 #123

Why is FTC lendin' the PXC diff adjustment algorithm?  Wasn't so bad after all,  ey?

Digital currency of the future!
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September 22, 2013, 08:20:48 PM
 #124

Why is FTC lendin' the PXC diff adjustment algorithm?  Wasn't so bad after all,  ey?
Bushstar helped PXC implement that in the first place.
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September 22, 2013, 11:13:24 PM
 #125

LOL I smell RATT!

doesn't make you look good , aren't you the head dev of FTC?
anyway. who cares, things come and go....but bushmonkey just makes me laugh trying to save face.


move on, next, etc. etc.

Weren't you calling people out retards, motherfuckers and tin hats a couple of pages back in this thread? Time has told who is right and who is not. Buy yourself a drink, you've been just promoted to a retarded troll.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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September 22, 2013, 11:36:24 PM
 #126

I cannot withdraw anything and I still have a big withdrawal pending


ADT donation address >ALMA4h9mQLPTQu96AFwgNu6jjviHBowonk
BTC donation address >17KZ9E1PmTUMmosfb1xcapGRoQSKew8M3P
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September 23, 2013, 12:23:47 AM
 #127

I cannot withdraw anything and I still have a big withdrawal pending



Dude, why the hell did you even use their exchange! Evidence is everywhere how big of a scam they are. There are a number of quality of exchanges, there is no need for phenixex.


NEVER EVER USE PHENIXEX
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September 23, 2013, 12:40:55 AM
 #128

I cannot withdraw anything and I still have a big withdrawal pending



Dude, why the hell did you even use their exchange! Evidence is everywhere how big of a scam they are. There are a number of quality of exchanges, there is no need for phenixex.


NEVER EVER USE PHENIXEX

At the time they were the only exchange trading ADT other than btcltc ( Chinese exchange ) so I had no option other than use them as nobody was selling the qty I was looking for

ADT donation address >ALMA4h9mQLPTQu96AFwgNu6jjviHBowonk
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September 23, 2013, 04:26:31 AM
 #129

I cannot withdraw anything and I still have a big withdrawal pending



Dude, why the hell did you even use their exchange! Evidence is everywhere how big of a scam they are. There are a number of quality of exchanges, there is no need for phenixex.


NEVER EVER USE PHENIXEX

At the time they were the only exchange trading ADT other than btcltc ( Chinese exchange ) so I had no option other than use them as nobody was selling the qty I was looking for

Understandable. I would still never use that exchange.
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September 23, 2013, 04:32:21 AM
 #130

I cannot withdraw anything and I still have a big withdrawal pending


How long has your withdrawal been pending?

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September 23, 2013, 04:34:13 AM
 #131

I cannot withdraw anything and I still have a big withdrawal pending


How long has your withdrawal been pending?

16 days ish

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September 23, 2013, 05:00:12 AM
 #132

I cannot withdraw anything and I still have a big withdrawal pending


How long has your withdrawal been pending?

16 days ish

Wow...that's a long time even in the most extreme type excuses that were legitimate I can't imagine it taking that long.

Rule of thumb I stand by: Ne