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Author Topic: EXPOSING PHENIXCOIN: The hype and possible scam  (Read 18202 times)
Conqueror
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September 26, 2013, 04:45:50 PM
 #141

I regret I ever touched PXC, lost like 4,5BTC in total...
Luckily FTC is no longer connected to this garbage.
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Conqueror
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September 26, 2013, 04:46:42 PM
 #142

This can't be on page 3

Lol.

Well it looks like those filthy PXC supporters got burned for not listening to us. The devs have done a runner (neg repped), the price is crashing and they scammed people on their phenixex exchange.

Ouch! Get out now if you haven't already, the storm is coming.

Looks like OP was exactly right and has been exonerated. All the Phenix scammers need to be ousted from bitcointalk as the scammers they are especially, nawazish1, Joerii, iamatrix, and JohnCar.

These Fucuers stole > 10 BTC from me.

dont forget Magnet
NWO
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September 26, 2013, 05:15:32 PM
 #143

If a combined thread of all the evidence is not created by the weekend, I will start one for the mods. Bounties will be paid for doxes on all the lead culprits in this scam.
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September 26, 2013, 06:02:49 PM
Last edit: September 26, 2013, 06:32:44 PM by MaGNeT
 #144

This can't be on page 3

Lol.

Well it looks like those filthy PXC supporters got burned for not listening to us. The devs have done a runner (neg repped), the price is crashing and they scammed people on their phenixex exchange.

Ouch! Get out now if you haven't already, the storm is coming.

Looks like OP was exactly right and has been exonerated. All the Phenix scammers need to be ousted from bitcointalk as the scammers they are especially, nawazish1, Joerii, iamatrix, and JohnCar.

These Fucuers stole > 10 BTC from me.

You forgot about me, I've done months of PR and support on PhenixCoin and PhenixEx.
Joerii has 9 BTC stuck, I have 1.288 BTC stuck at PhenixEx. I'm still hoping to get all our coins back.

Nawazish1 hasn't promoted for us for over a month now, he's a real good guy, I really want to keep him out of trouble.

There's only 1 (maybe 2) person(s) with access to the exchange who can fix this mess, that's Iamatrix and (maybe?) JohnCar.

Is it a scam? Well... If it is it's the worst I've seen in history... Months of work on the exchange, promotions, referrals and now it's broken and abandonned...

Some coins still get in and out, some don't. If they wanted to scam, why didn't they wait another 2 months and let it grow like it did?

I would advice not to deposit coins and/or trade on PhenixEx.

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September 26, 2013, 06:16:35 PM
 #145

This can't be on page 3

Lol.

Well it looks like those filthy PXC supporters got burned for not listening to us. The devs have done a runner (neg repped), the price is crashing and they scammed people on their phenixex exchange.

Ouch! Get out now if you haven't already, the storm is coming.

Looks like OP was exactly right and has been exonerated. All the Phenix scammers need to be ousted from bitcointalk as the scammers they are especially, nawazish1, Joerii, iamatrix, and JohnCar.

These Fucuers stole > 10 BTC from me.

Here is one of them!
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September 26, 2013, 06:28:15 PM
 #146

This can't be on page 3

Lol.

Well it looks like those filthy PXC supporters got burned for not listening to us. The devs have done a runner (neg repped), the price is crashing and they scammed people on their phenixex exchange.

Ouch! Get out now if you haven't already, the storm is coming.

Looks like OP was exactly right and has been exonerated. All the Phenix scammers need to be ousted from bitcointalk as the scammers they are especially, nawazish1, Joerii, iamatrix, and JohnCar.

These Fucuers stole > 10 BTC from me.

Here is one of them!

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September 26, 2013, 09:02:49 PM
 #147

Bitsinmyhead has officially killed PXC.

there are a few ppl mining, i wonder how stupid can they be.

Energycoin - Save Energy, Pure POS (Free IPO). eH7RWqKgrEdtnS4Jk38w6JNYrfAMCSDp4u
Carra23
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September 27, 2013, 09:56:08 AM
 #148

Bitsinmyhead has officially killed PXC.

there are a few ppl mining, i wonder how stupid can they be.
If it is profitable, why not?

Wonder where nawazish1 is. He may have now realised that the PXC developers were the real trolls who dumped all their premine.
vinne81
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September 27, 2013, 10:24:05 AM
 #149

Bitsinmyhead has officially killed PXC.

there are a few ppl mining, i wonder how stupid can they be.
If it is profitable, why not?

Wonder where nawazish1 is. He may have now realised that the PXC developers were the real trolls who dumped all their premine.

nawazish1 is waiting for the next coin Smiley Lol I remember the time - before PXC - when he was a die-hard Bitbar believer.

Good times  Grin
NWO
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September 27, 2013, 10:53:19 AM
 #150

It feels like we are hunting the Nazi's after WW2  Cheesy

Everyone has been negative repped except you Magnet. I thought all of those other accounts were shills of John Car  Roll Eyes
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September 27, 2013, 10:57:45 AM
 #151

PXC & everything to do with it is a scam. I've even been PM'd to tell me how Bitsinmyhead and others are all liars yet they continue to scam people.

Give this coin and everything to do with it a wide berth or get burnt.

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
vinne81
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September 27, 2013, 11:03:12 AM
 #152

https://bitcointalk.org/index.php?topic=258374.0

Is this thing still running?

Too bad we can't check on the UNOCs site Smiley
nawazish1
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September 27, 2013, 02:23:33 PM
 #153

Bitsinmyhead has officially killed PXC.

there are a few ppl mining, i wonder how stupid can they be.
If it is profitable, why not?

Wonder where nawazish1 is. He may have now realised that the PXC developers were the real trolls who dumped all their premine.

nawazish1 is waiting for the next coin Smiley Lol I remember the time - before PXC - when he was a die-hard Bitbar believer.

Good times  Grin

Hey guys. Love you too. And yeah Premine dump never occurred. Just all of you people dumped the coins when this thread was made. Honestly I don't know what is going on with PXC at the moment.

PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv
BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H
Phoenixcoin (PXC), a decentralised open source digital currency.
sumantso
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September 27, 2013, 02:25:05 PM
 #154

Bitsinmyhead has officially killed PXC.

there are a few ppl mining, i wonder how stupid can they be.
If it is profitable, why not?

Wonder where nawazish1 is. He may have now realised that the PXC developers were the real trolls who dumped all their premine.

nawazish1 is waiting for the next coin Smiley Lol I remember the time - before PXC - when he was a die-hard Bitbar believer.

Good times  Grin

Hey guys. Love you too. And yeah Premine dump never occurred. Just all of you people dumped the coins when this thread was made. Honestly I don't know what is going on with PXC at the moment.

Still holding onto your Bitbars? Just curious, not needling you.

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September 27, 2013, 03:12:12 PM
 #155

Bitsinmyhead has officially killed PXC.

there are a few ppl mining, i wonder how stupid can they be.
If it is profitable, why not?

Wonder where nawazish1 is. He may have now realised that the PXC developers were the real trolls who dumped all their premine.

nawazish1 is waiting for the next coin Smiley Lol I remember the time - before PXC - when he was a die-hard Bitbar believer.

Good times  Grin

Hey guys. Love you too. And yeah Premine dump never occurred. Just all of you people dumped the coins when this thread was made. Honestly I don't know what is going on with PXC at the moment.

Still holding onto your Bitbars? Just curious, not needling you.

hehe Yah.

PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv
BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H
Phoenixcoin (PXC), a decentralised open source digital currency.
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September 27, 2013, 11:22:31 PM
Last edit: September 27, 2013, 11:46:04 PM by Joerii
 #156

PXC was not a scam. What it was is a series of failures. This I admit.

The problem is that too much was on the shoulders of one coder, and we got too excited with promoting stuff that wasn't ready to be launched yet in the first place. The Devs made promises for the next thing before the previous one was running well.

It's incompetence and over-enthousiasm, not pre-meditated scamming. Everyone lost money, most of all the dev team, MaGNeT and myself.

I've been doing a lot of soul-searching the last few days... taking a very critical look at my behaviour. Am I a scammer ? Did I lie ? Did i twist the truth for my own benefit ?

There were times, especially in the beginning, that I suggested people buy PXC. So yes, I was guilty of pumping.
I soon realized that was wrong and stopped it, and I became the PXC community leader. I set some communication guidelines for our team ( MaGNeT, Nawazish1, Torzsy, JeanCool ) with rule number one being : Do NOT tell people to buy PXC. No pumping in any way.

Did I ever lie ? No. I believed what I said.

I believed we'd have a fully functioning poker site, casino and exchange. I got too excited, and kept giving the benefit of the doubt to John whom I spoke a couple of times a week.
When you have a friendship with someone and they keep telling you plans about how great things are going to be, realistic sounding plans, you tend to believe them.
Maybe I won't be so quick to get my hopes up in the future.

I was always honest and tried my best to help people who had any pxc-related issues.  I'm sure all the people I've had PM conversations with over the last few months will agree with me on that.
I stayed polite and friendly even to the most unfriendly and disrespectful people. So my conscience is clear.

Now if only I could work up the guts to admit to my wife that I lost 3k EU of our money Wink

I feel like shit that I spend so much time and money on a coin that has crashed and burned. But nobody forced me to buy it.

I have nobody to blame but myself. This goes for angry people who feel like they have been scammed as well. While I am truly sorry that some of you have lost money, it's your own fault. That's how it goes with investments... sometimes you make money, sometimes you lose. Such is life.

For those who still hold PXC, all is not yet lost. I'm gauging the potential right now of rebooting PXC. Like the mythical animal, maybe it really can be reborn out of it's ashes. If we do re-launch, it's going to be very different from how it was. For one, there will be total transparency.

Note : ignoring trolls and attackers completely, was my idea. My goal was always to focus on building something, staying positive, and don't be dragged into the cynicism that runs wild on these forums.

I've seen some really cool and creative, positive people ( John Mangliaviti for example !)  get completely burned out by responding to crap from people like NWO, LaudaM, and ten others.  I've been on the internet for the last 20 years and I've never seen a place that's as bad as this subforum. A lot of frustrated, angry people here ! I hope those guys have some nice things in their lives too, but if they behave like that consistantly on a forum then they're probably very unhappy people in real life too. It's sad actually.

TLDR : No scam, just fail. But there is still hope.

Hypercube - get the attention you deserve
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September 28, 2013, 02:10:54 AM
 #157

PXC was not a scam. What it was is a series of failures. This I admit.
That was not a pretty read, but I am glad that at least you are man enough to admit it. I lost money on PXC and WDC, both of which I cared little before the UNOCS fiasco.

Wont kick you when you are down, so good luck for the future. It seems to me that you are quite well off so I hope that lost money has not pinched your pocket too much.
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September 28, 2013, 02:39:51 AM
 #158

PXC was not a scam. What it was is a series of failures. This I admit.
That was not a pretty read, but I am glad that at least you are man enough to admit it. I lost money on PXC and WDC, both of which I cared little before the UNOCS fiasco.

Wont kick you when you are down, so good luck for the future. It seems to me that you are quite well off so I hope that lost money has not pinched your pocket too much.

Heh, thanks for not kicking Smiley I was bracing for impact.

Being well off... it's all relative.

I have a beautiful 4 months old daughter that makes me feel richer then Bill Gates !

Better to have little money and people you love around you then being filthy rich and alone, or a cynical dude who doesn't appreciate what he has.
But I digress.....

Hypercube - get the attention you deserve
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September 28, 2013, 04:06:50 AM
 #159

PXC was not a scam. What it was is a series of failures. This I admit.
That was not a pretty read, but I am glad that at least you are man enough to admit it. I lost money on PXC and WDC, both of which I cared little before the UNOCS fiasco.

Wont kick you when you are down, so good luck for the future. It seems to me that you are quite well off so I hope that lost money has not pinched your pocket too much.

Heh, thanks for not kicking Smiley I was bracing for impact.

Being well off... it's all relative.

I have a beautiful 4 months old daughter that makes me feel richer then Bill Gates !

Better to have little money and people you love around you then being filthy rich and alone, or a cynical dude who doesn't appreciate what he has.
But I digress.....




You could start by telling us the truth, why are all the websites down, why has no one heard form John Car or imatrix, why is our money stuck on phenixex,tell us everything that you know as factually as possible starting now.. I know you may not know all of this, but you certainly know more than what is being said. Why at the same time that UNCOS went bunk, PXC coins were dumped to the gutter by insiders, what did you know at the time that was not made public?


is imatrix gone forever from supporting this coin, and since John car knows nothing about code, is everything imatrix has worked on lost?


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September 28, 2013, 04:24:48 AM
 #160

Your tone startles me, sir. Who are you ? Am I under arrest ? Do I need to call my lawyer ? Wink

Your first question hits the nail on the head. Bad communication with the devs is the biggest problem we had. MaGNeT and I were doing our best providing support but there's only so much we could do. I don't know why we don't hear from Mike sometimes for many days. Maybe he's busy snorting cocaine from some lady's buttocks, maybe he's on a secret mission in Syria, maybe he's off inventing a new kind of chocolate. Fuck knows. He says he's having personal issues, but aren't we all ?

Second question. Unkown, hard to track down bugs. The coins aren't stuck, per se, they are just not being moved by Mike, who was absent and is, supposedly, moving them now. The coding that was in place must have had some kind of fault. I'm the one with the most coins stuck, so believe me, this question has been in my mind too. I'll let you guys know the second I get my 10 BTC.

Third question. Why do you think PXC was dumped by insiders ? That's pure speculation. What also could have happened is that a big holder was bribed to dump his PXC at a loss, simply to make PXC look bad. Payed by another coin dev, for example. We can never know. What I do know is that most of the big PXC holders STILL hold all their coins. We havn't dumped. I personally have 200k, and am not planning on selling them until they are worth a dollar per coin Smiley  Am I tripping ? Am I delusional ? Time will tell

Iamatrix is gone, yes. But PXC is a very stable coin now, thanks to the collaboration with Bushtar. It uses the same difficulty adjustment scheme as FTC, and it's working very well. I don't think we need Mike anymore, what he left is working great. ( the coin, that is ) We are going to need a new dev when for some reason PXC needs an update though.


Hypercube - get the attention you deserve
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