.

[Drew.]

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[1714835279]

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[1714835279]

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[1714835279]

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[Armchair Miner]

Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

[notyep]

Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

Just returning the favour.

[digitalindustry]

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 ?

[BitcoinEXpress]

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~

[digitalindustry]

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"

[digitalindustry]

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.

[digitalindustry]

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?

[Sustainable]

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?

[digitalindustry]

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

[geofflosophy]

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.

[Duetschpire]

reserved

[digitalindustry]

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 ..."

[digitalindustry]

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 ...

[Loki8]

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.

[seleme]

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.

[Guido]

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]

Next stage:

"You Haven't Built That"

Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

Just returning the favour.

[BazkieBumpercar]

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.

[slu2]

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.
• 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.

[mindragon]

mcxNOW is an exchange that is dedicated to Altcoins and not fiat. XPM, LTC and so on. I really don't see a problem there.

Compared to Craptsy, mcxNOW runs a heck of a lot better. Trades are quick, transfers are quick, and there's no BS going on there.

Over time, people have asked for 2 Factor, better themes and stuff like that. RealSolid put those features in no problem. Granted, it may have taken him a while but he's done those updates. No developer has ever 100% hit the target dates every single time. Development is never easy.

So on this thread, I see folks attacking all of this and it's rather disconcerting. My only thought is that perhaps these attackers are folks that are members (developers even?) of alternate exchanges. For example, of course Craptsy would be jealous of the mcxNOW success and would attack it at every measure.

BitcoinExpress has (quite repeatedly) attacked RealSolid on every release. He said that the website update would never happen. He said that feeshares would never be released. When they were released he said it would go down to .0001

One might suspect that BitcoinExpress is really someone on the Craptsy exchange that is just beyond envious of the success that RealSolid has had.

Pumps and dumps have happened on just about every exchange and mcxNOW is not immune to that. The NASDAQ has pumps and dumps all the time. Even quite recently, people have pumped BTC on GOX. RealSolid built an exchange and I have not seen any concrete evidence that RealSolid is, himself, pushing these pumps and dumps. If anything, I see him developing and maintaining the exchange.

David Pate, a user of that exchange, has about $1 million placed on the exchange and trades on occasion.

Out of 45,000 fee shares, 50% of them sold within 3 days. That is an impressive success by any definition.

So my thought is that people in this thread simply don't like it when success happens to someone else. And they are beyond greedy and wanted the success to happen to them without having done any of the required work necessary to make it happen. So they just simply want to tear down someone like RealSolid for being successful and making something that the end users, like DavidPate, wanted.

So unless there is some evidence to all the hearsay listed here, I'm going to suspect the motives behind the actions of everyone that has posted here on this thread.

And, no, I am not RealSolid. I am simply someone that has thought for myself and checked out mcxNOW on my own accord as I would encourage everyone else to do. Groupthink SUCKS.

MD

[aldrin]

RIP investors. My condolences.

haha! feeshares doing pretty well against USD

[slu2]

Are feeshares still making around $0.03 per day?  Or has it gone up to $0.04 per day yet with the BTC prices rising. 
Just think in about a month you will have made about a dollar or so on your investment.  ROFL
ROI is probably 3 years out

haha! feeshares doing pretty well against USD

[deodecagone]

You know ... the PERFECT scam, is the scam where the scammed one is still not sure he had been scammed, or still didn't noticed

[TheFuneral]

I'd be careful b/c this exchange is controlled by RS. Most of the coins on their he has majority ownership of and does market manipulation all the time of. With his latest amount of acquired coins he's been manipulating the fees price and people keep dumping it. Not saying it's illegal or bad, but just be aware. I think the volume is a nice way of judging the success not the prices.

Currently what's keeping it afloat is WDC. That and when RS wants to pump fees prices to keep the share holders he recently fucked over still around.

[erk]

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.

Are you sure? What if the reported number of fee shares sold was faked?

Based on the turnover of the exchange, it would surprise me that people would fork out for something that speculative, when they wouldn't put anywhere near that volume of BTC into well known coins on the exchange like LTC, FTC, PPC let alone a share that can only be traded on one exchange.

[NUFCrichard]

I don't think that he scammed like everyone here is saying, it was just the greater fool theory in full swing.
One thing he did do was give out hundreds of bitcoins in paybans from the chatbox under the name 'Satoshi". These payban bitcoins then go to fee holders, making the returns look better.

There were a lot of paybans in the days before the 2nd tranche was released...

[Hazard]

How does it feel being a bagholder?

[Spoetnik]

i hope this shares fad / trend ends soon.

my mom told me she's starting an altcoin exchange too and my dog barked out something about shares lol

sure i'm jealous guys are making tons of money i'll admit hahaha

i hear well "it's not illegal" a lot and they are correct.
it's a sleazy altcoin world we live in and if we don't like it i guess we leave then right ?
nothing is going to change..

i'm keeping tabs on this exchange and the players involved.. while trying to dodge them (i will not sign up at mcx)

i think it's gotten to the point where guys don't even need to change names anymore.. they just pull more shit and
make sure their topics etc are self modded and delete complainers comments etc.. pretty bold and brazen scammy weazle bullshit.

quick someone needs to *try insult me personally and discredit me asap.. there is a turd in the punch bowl lol
when these scammers have no bullets in their gun they throw the gun at you and say your mother dresses you funny (a professional debate)

don't worry about it, just leave a rope on the floor.. trust me they'll pick it up .. they always do

[erk]

i hope this shares fad / trend ends soon.

my mom told me she's starting an altcoin exchange too and my dog barked out something about shares lol

I have to agree, I think any exchange specific shares are a bad thing and should be avoided, if it doesn't have a wallet on my PC then it's not what I would call crypto.

[mindragon]

How does it feel being a bagholder?

It sucks!

[Duetschpire]

How does it feel being a bagholder?

You're the boss LOL

[slu2]

Oh snap!  Site is shutting down?   Saw that one coming!