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Author Topic: EXPOSING PHENIXCOIN: The hype and possible scam  (Read 18201 times)
FiNaLize
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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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Bitsinmyhead (OP)
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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 (OP)
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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!
Bitsinmyhead (OP)
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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...

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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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