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Drew.
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November 01, 2013, 02:35:57 AM
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Armchair Miner
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November 01, 2013, 02:51:40 AM
 #2

Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

notyep
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November 01, 2013, 03:23:08 AM
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Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

Just returning the favour.


digitalindustry
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November 01, 2013, 04:07:09 AM
 #4

Being a gypsy of course,  the first thing I think of is that the scam is in progress  and is not finished.

What if the "sold shares"  are straw men ?

I.e he sold them to himself,  to draw in suckers.

Easy to do , and this means that nice boy isn't as rich as he wishes. 

One look at the site , would you buy shares ? 

Maybe Btcx is a straw prop?

 ha ha no Btcx I believe you ha ha .

One way to see is ask for people to post in a topic if they brought shares, if you see a lot of new accounts with lots of shares ha ha ha , what do you think ?

tiny rick !
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November 01, 2013, 04:12:58 AM
 #5

Being a gypsy of course,  the first thing I think of is that the scam is in progress  and is not finished.

What if the "sold shares"  are straw men ?

I.e he sold them to himself,  to draw in suckers.

Easy to do , and this means that nice boy isn't as rich as he wishes. 

One look at the site , would you buy shares ? 

Maybe Btcx is a straw prop?

 ha ha no Btcx I believe you ha ha .

One way to see is ask for people to post in a topic if they brought shares, if you see a lot of new accounts with lots of shares ha ha ha , what do you think ?


Surely you aren't insinuating that Coinhunter might deceive?

~BCX~
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November 01, 2013, 04:18:06 AM
 #6

Two weeks .

Worth of deception.

In fact someone , Btcx it should be you , start the topic..

" post here if you are a proud owner of MCXNow exchange fee shares"

tiny rick !
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November 01, 2013, 04:45:39 AM
 #7

Im striving Drew , im striving...

When we help our fellow human lift himself from inequities, then , at that time , we help ourselves. 

Somewhere deep inside me Drew I have aboriginal blood , so along with violence, of course,  comes a compelling feeling to give things away.

Ever met any aboriginals Drew ? When I was younger in spirit and less wise , I looked down upon them, now I just admire the genius. 

I think you have to go full circle to understand it.


tiny rick !
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November 01, 2013, 04:52:06 AM
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Im striving Drew , im striving...

When we help our fellow human lift himself from inequities, then , at that time , we help ourselves. 

Somewhere deep inside me Drew I have aboriginal blood , so along with violence, of course,  comes a compelling feeling to give things away.

Ever met any aboriginals Drew ? When I was younger in spirit and less wise , I looked down upon them, now I just admire the genius. 

I think you have to go full circle to understand it.



I think you just went full something.

+1 full retard , is a phase I use a lot.

Although I wouldn't say it's specifically relevant  here , except if you perhaps are an aforementioned  " proud share owner" .

So start the topic?

tiny rick !
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November 01, 2013, 04:56:47 AM
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Im striving Drew , im striving...

When we help our fellow human lift himself from inequities, then , at that time , we help ourselves.  

Somewhere deep inside me Drew I have aboriginal blood , so along with violence, of course,  comes a compelling feeling to give things away.

Ever met any aboriginals Drew ? When I was younger in spirit and less wise , I looked down upon them, now I just admire the genius.  

I think you have to go full circle to understand it.



I think you just went full something.

+1 full retard , is a phase I use a lot.


Although I wouldn't say it's specifically relevant  here , except if you perhaps are an aforementioned  " proud share owner" .

So start the topic?


Could you please stop posting random tripe and actually answer the questions that are infront of you?

Cloud Mining - Mine when your computer is not on. Mine if you don't have the appropriate hardware or operating system! Mine when you are asleep! ---> https://cex.io/r/1/Sustainable/0/
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November 01, 2013, 05:01:02 AM
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Im striving Drew , im striving...

When we help our fellow human lift himself from inequities, then , at that time , we help ourselves.  

Somewhere deep inside me Drew I have aboriginal blood , so along with violence, of course,  comes a compelling feeling to give things away.

Ever met any aboriginals Drew ? When I was younger in spirit and less wise , I looked down upon them, now I just admire the genius.  

I think you have to go full circle to understand it.



I think you just went full something.

+1 full retard , is a phase I use a lot.


Although I wouldn't say it's specifically relevant  here , except if you perhaps are an aforementioned  " proud share owner" .

So start the topic?


Could you please stop posting random tripe and actually answer the questions that are infront of you?


Hi solid man. ! Sorry about possibly hurting/ ruining your scam , if you want to seek retribution head to the offical Canberra indigenous lean to .  Ill be there somewhere.

: D

tiny rick !
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November 01, 2013, 05:40:18 AM
 #11

The idea behind the MCXFee shares is really cool and really brilliant, I've been watching them since day 1, but have never bought because they are vastly overpriced.

While I totally acknowledge the possibility that RealSolid is in fact manipulating the market, I am not going to give up on the possibility that people are just idiots as well.

As exhibit b, I offer CEX.io: current price on CEX is 0.1075 BTC/GH, when the lifetime mining value of 1 GH starting today is only about 0.07. Who's buying them? Anyone's guess, but they are obviously daytraders who are looking to get out before it's too late, since holding these shares long term is negative EV and has zero percent chance of ROI.
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November 01, 2013, 06:03:10 AM
 #12

reserved

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November 01, 2013, 06:48:32 AM
 #13

The idea behind the MCXFee shares is really cool and really brilliant, I've been watching them since day 1, but have never bought because they are vastly overpriced.

While I totally acknowledge the possibility that RealSolid is in fact manipulating the market, I am not going to give up on the possibility that people are just idiots as well.

As exhibit b, I offer CEX.io: current price on CEX is 0.1075 BTC/GH, when the lifetime mining value of 1 GH starting today is only about 0.07. Who's buying them? Anyone's guess, but they are obviously daytraders who are looking to get out before it's too late, since holding these shares long term is negative EV and has zero percent chance of ROI.

+1 totally agree , he has every right to ask for capital .

No different to any other market, and some people of course will fall in the hole.

BFL asked for capital , got a lot , people still order with them ?

Thier thinking would be " well we were in the unique position to do this , tell me you wouldnt have done the same thing ..."

tiny rick !
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November 01, 2013, 08:06:17 AM
 #14

As stated , I dont think the guy is swiming in as much capital as you might think , after all I can buy fake shares from myself as well...

All I need is a basic site , set it up , make a few trades , list stock , sell it to myself, say so much % is sold so ;

" Rush in quick before they are gone !"

Gee i hope im wrong , I mean we need more exchanges ...

tiny rick !
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November 01, 2013, 08:49:33 AM
 #15

I knew RS on IRC. I remember him, he was trying to promote on his chan his scamcoin: mincoin... yeah, he convinced me well enough and I mined this shit but at that time, I was newbie in the cryptoscamcoin world.

RS is a good salesman, I don't doubt about it. He knows how to make money quickly with a good maketing plan and manipulation to attract mugs.

But I don't think he's a great developer. His site is not so good as that and not very professional.

Crypto-trade.com is 10x better, looks very pro, support fiat currencies... but there are 10x less users on this site. Why? Because they don't know how to make the buzz and be the new super star.
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November 01, 2013, 10:33:00 AM
 #16

You're right but it was not only MCXFee pumping, the huge pumps of all RS supported coins happened in last 2 weeks prior to fees release as a way to articially build site's volume and brag about income in days fees were released.

You could see that none of coins that are brought to MCXFee as an attempt to take some volume out from BTC-e and as such coins that are not RS's stronghold were pumped (LTC and FTC). All others that are built by RS (MNC, SC), brought out of nowhere there (COperlark) or strongly supported since recently by RS (WDC) were heavily, heavily pumped so he could talk about 100k site's revenue in last month and make people think that overpriced 0.4 is a bargain.

He played it very well, didn't made it completely but there were enough fools to take loads of money of them. He'll sell the rest too probably but not as fast as he thought initially and that might be his only slight mistake. He'll probably sell but he might lose some support from members, he should go for cheaper price as if fees were sold fast it would make a huge momentum for the site, he'd bank even more.

There are some angry people right now in mcxnow trollbox that he fucked pretty hard with false promises about discounts for current fees holders and promise that each holder will be able to buy 9x of fees he currently holds. Lot of people were buying at high price just to position themselves for 9x option but he changed it day or two before release and they lost lot of money specially david pate who bought loads but could bought much more if not due to those false promises.

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November 01, 2013, 01:24:09 PM
 #17

yes, and it's looking like worldcoin maybe another branch of this as playing out in exactly the same way
fee shares, same format
new site
lots bought out, then a pump, then 'news'
lots of new members appearing from nowhere, even though new members cant sign up now
then this scharmbeck.com site under privacy with no real info, just a teaser to lure people in

realsolid involved, only supporting this coin and copperlark and others

I am for one staying a mile away from this mcxnow and worldcoin etc

both of these things smell. oh and mincoin getting pumped skyhigh for no reason , again only on mcxnow one of RS coins which offers nothing

posted here
https://bitcointalk.org/index.php?topic=322716.msg3456559#msg3456559



Armchair Miner
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November 01, 2013, 05:43:57 PM
 #18

Next stage:

"You Haven't Built That"


Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

Just returning the favour.



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November 01, 2013, 05:55:29 PM
 #19

I don't really see the problem here. RS must be making a shitload of money, but so can fee traders, whether it's overpriced or not (yes, I think it is).

I just don't see the problem. If you don't like it, don't buy shares.


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November 01, 2013, 08:18:54 PM
 #20

It never made sense. I mean - the fundamentals were ridiculous, everyone knew that. But even accounting for human stupidity, for the crypto-enthusiast's excessive enthusiasm, for the Greater Fool... for everything - why the hell were so many people paying over 0.5 BTC for shares of 0.001%?

We all knew it was a whale market, the manipulation was obvious. But we never thought to question who those manipulators were. Who stood to benefit, to truly gain from a pump. A pump that could not possibly be founded on the belief that people would actually pay, en masse, over 1 BTC per fee share.

Then, it hit me.

https://www.youtube.com/watch?v=1vHRMeRszw4

RealSolid was the whale.

With the price that he could set the forthcoming feeshares at being determined by the price that people had seen them trade at prior to their release, RealSolid has always stood to gain the most from the overvaluation of the initial fee share release. See the full conspiracy theory outlined below:

  • RealSolid releases a small quantity of feeshares (5000) for a low fee (0.1 BTC), knowing that their price will skyrocket.
  • Once the fees hit ~0.5, RealSolid begins pumping them at a loss. His goal is to ensure that they trade at ~1 BTC.
  • Speculators see the fees being traded consistently at a price point of 1 BTC, ensuring it becomes anchored psychologically as the new price.
  • RealSolid begins stage 2 of his diabolical plan, which we now see in fruition. With the price having been as high as it was, RealSolid can now justify and acquire (foolish) investment for the release of vastly overpriced shares at 0.4 BTC each (for a total of 45,000 shares).
  • As part of this plan, RealSolid necessarily refuses to open trading on feeshares until all available feeshares are sold (making him millions). If the feeshares were actively being traded it would disrupt the manipulated price he'd set.
  • Huh Millions in profit, baby.

I hope you will all consider this conspiracy for its merits rather than the absence of allusions to aliens. Ultimately, all of this leads to one, chilling conclusion:

RealSolid is fontas



I think it is a notable point that you made about how if RS opened the feeshares up to the open market, the price per share would plummet, making the market more based on supply and demand.  This artificial manipulation is cowardly.   It shows that RS does not truly believe the market value of 0.4 is accurate.  Otherwise, RS would just open trading of these shares, and put a sell wall up to be bought at his price of 0.4.   Clearly many people would undercut his price, and the price would plummet.   This is weak.

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