MCXNow Shutting down (Temporary)

[Lauda]

It's obviously a scam, he lives in Australia and it's illegal for Australians to offer online gambling.

I don't get that. Why does it matter ?

He would have been breaking the law if he had offered online gambling, isn't it obvious?

[bvoid]

Although Realsolid seems to be really busy, he was keen to help me on IRC with my password reset. Transferred out my primecoin successfully..

[broken_pixel]

This reminds me of the Steve Miller Band song Take the Money and Run.
http://www.youtube.com/watch?v=fFGZufk4HFs

[broken_pixel]

This reminds me of the Steve Miller Band song Take the Money and Run.
http://www.youtube.com/watch?v=fFGZufk4HFs

Lulz! Packing is bags and heading to the South Pacific.

[andyatcrux]

Well, a deposit I made is stuck in the blockchain as "unredeemed." Meaning I can't withdraw it because it has not hit my account. I am sure they will let it go through after Dec. 20th. They are ignoring my emails. A total scam.

[fcmatt]

Although Realsolid seems to be really busy, he was keen to help me on IRC with my password reset. Transferred out my primecoin successfully..

Yes, he is helping everyone withdraw funds in accounts, this way there is no valid claim of theft.
All anyone can say is, "They made bad investments".

Let's give RS credit, he pulled of a legal untouchable $11 Million USD scam that cannot be proven to be a scam.


Absolutely incredibly fucking diabolically GENIUS !!!!


The sad part is, myself and many many others warned all of you ad nauseum based on our length of time in crypto and our personal histories with Realsolid/Coinhunter.



~BCX~

Oh he is touchable. One can create a civil suit against him easily enough if they wanted to pursue it. And probably easily win too if this all continues down the current path.

I am not sure but this also borders on/is fraud. Criminal suit is probably likely if someone took tge time to report it and follow it up.

[Lauda]

Oh he is touchable. One can create a civil suit against him easily enough if they wanted to pursue it. And probably easily win too if this all continues down the current path.

I am not sure but this also borders on/is fraud. Criminal suit is probably likely if someone took tge time to report it and follow it up.

I doubt that. If he comes back with a faulty site, what will you sue him for?

[DeathAndTaxes]

Let's give RS credit, he pulled of a legal untouchable $11 Million USD scam that cannot be proven to be a scam.

Well not exactly.  The sale of unlicensed securities is a crime in Australia (and in most other countries if he is not a resident there).  Granted if he truly is anonymous he may never get prosecuted however if he is truly anonymous then he wouldn't be prosecuted even if he simply stole the balances.

No legal counsel would advise him that he hasn't violated the law.  Now you probably are right in that he thinks it is lower risk to defraud through "non securities" then outright theft and that is why he is "helping" it just happens he is wrong.

[DeathAndTaxes]

Oh he is touchable. One can create a civil suit against him easily enough if they wanted to pursue it. And probably easily win too if this all continues down the current path.

I am not sure but this also borders on/is fraud. Criminal suit is probably likely if someone took tge time to report it and follow it up.

I doubt that. If he comes back with a faulty site, what will you sue him for?

Unlawful sale of unlicensed securities.  The act is a felony (at least most states and certainly in Australia if that is where he really is located), the felony make him not the company liable.  He hasn't even registered a corporation so his personal assets have always be unprotected (even if he was unaware of the liability) but even if he had operated behind a corporation the act of an overt felony by an officers for his personal benefit would allow creditors to ask the courts to pierce the corporate veil and find him and his personal assets not the corporation liable.

[Lauda]

Unlawful sale of unlicensed securities.  The act is a felony (at least most states and certainly in Australia if that is where he really is located), the felony make him not the company liable.  He hasn't even registered a corporation so his personal assets have always be unprotected (even if he was unaware of the liability) but even if he had operated behind a corporation the act of an overt felony by an officers for his personal benefit would allow creditors to ask the courts to pierce the corporate veil and find him and his personal assets not the corporation liable.

Time to move to some undeveloped country?

[DeathAndTaxes]

Unlawful sale of unlicensed securities.  The act is a felony (at least most states and certainly in Australia if that is where he really is located), the felony make him not the company liable.  He hasn't even registered a corporation so his personal assets have always be unprotected (even if he was unaware of the liability) but even if he had operated behind a corporation the act of an overt felony by an officers for his personal benefit would allow creditors to ask the courts to pierce the corporate veil and find him and his personal assets not the corporation liable.

Time to move to some undeveloped country?

After the fact make sure it is a country with no extradition to Australia.  Of course if victims organized quickly they could ask the courts to retain his passport to ensure he can't leave.  Having $12M in nearly untraceable currency which is easily transportable and usable just about anywhere in the world would probably be seen by most courts as a flight risk.  Then again I don't wear a black robe so who knows.

[manoamano]

I lost my password and you can not recover it automatically from the website...

[smoothie]

I lost my password and you can not recover it automatically from the website...

Is RealSolid still doing support for his site?

[erk]

RS is indeed a ghost.

I have paid quite a few BTC over the past couple of years as well done my own research to find him. He has expertly laid out breadcrumb trails that lead to various people that fit his persona.  Well laid out diversions. There's a reason he ran everything himself and trusted no one etc.... it's because he never wanted to compromise his identity.

The reason he doesn't just steal the funds is because about the only people that can track him down won't bother if it is not a criminal situation. Bad investments is not a criminal situation. Good luck finding any criminal office getting too excited about a civil case.

His location is also very much in question. I highly doubt he is Australian as he chats in an American vernacular. He just doesn't "sound" like an Aussie at all and makes very subtle "American" references all the time. I have seen him refer to Burger King a few times in chat. There are no Burger Kings in Australia. His servers have always been located in the USA as well, which also lends reason to why he won't out right steal the funds.

Realsolid wins and wins big.


~BCX~

Burger King is called Hungry Jacks in Australia as there was already a Burger King restaurant in South Australia when they came here. Most people know Hungry Jacks is part of the Burger King franchise.

[seleme]

He is Australian 100%, he talks lot of Australian stuff to not be the one.

And that tooth picture showed loads of Australian dollars on his table.

[DeathAndTaxes]

The reason he doesn't just steal the funds is because about the only people that can track him down won't bother if it is not a criminal situation. Bad investments is not a criminal situation. Good luck finding any criminal office getting too excited about a civil case.

Ask Pirate about that.  Unlawful selling of securities is a felony not just a civil complaint however the SEC was filling to go after him for asset forfeiture civilly as well.  In addition to being charged with running a ponzi scheme he was charged with offering unlicensed securities.  Then again if RS is unknown it doesn't really matter.   Can't charge someone if you can't find them.

[seleme]

He is Australian 100%, he talks lot of Australian stuff to not be the one.

And that tooth picture showed loads of Australian dollars on his table.

and if I posted a pic of a tooth in a hand with some North Korean Won would that make me in fact NK?


~BCX~

I doubt you would buy thousands and thousands of US dollars worth Won just like that. I mean, come on, I don't like him too but let's not make this some fantasy crime story, there is enough shit around it. He is obviously Australian.

[seleme]

Usual knowledge of small Australian related things. Can't go specific at this moment, too tired and can't recall specific situations but I've seen him many times speaking about strictly Aussie stuff that makes him certainly Australian. There is small, but very small chance he may be living abroad but I don't think so, some of those were up to date daily stuff, like weather, politics, laws etc...

[GoldSeal]

Kind of off-topic, but started working on an exchange a few weeks back. Matching engine is complete. Finished support for google auth yesterday. Hopefully over the next few weeks I'll be able to finish the rest and start working towards a private beta.

Rest assured that when this thing launches there will be a real registered company behind it with datacenter presence in at least 3 countries. I've watched realsolid's clown show long enough and it's time somebody put something together that reasonable people can trust.

BTW, once we get the web version of the exchange up and running, we're planning to bring in some really interesting features. For example, I've been talking to a company, for the better part of 6 months, that has produced a forex trading application and they seem willing to convert it over to handle virtual currencies. At this point, they are holding for the completed API. It has full support for bank grade charts w/technical indicators and comes with an integrated automated strategy trading system. This isn't some metatrader4 bullshit either. Much more modern.

[X68N]

Kind of off-topic, but started working on an exchange a few weeks back. Matching engine is complete. Finished support for google auth yesterday. Hopefully over the next few weeks I'll be able to finish the rest and start working towards a private beta.

Rest assured that when this thing launches there will be a real registered company behind it with datacenter presence in at least 3 countries. I've watched realsolid's clown show long enough and it's time somebody put something together that reasonable people can trust.

BTW, once we get the web version of the exchange up and running, we're planning to bring in some really interesting features. For example, I've been talking to a company, for the better part of 6 months, that has produced a forex trading application and they seem willing to convert it over to handle virtual currencies. At this point, they are holding for the completed API. It has full support for bank grade charts w/technical indicators and comes with an integrated automated strategy trading system. This isn't some metatrader4 bullshit either. Much more modern.

if you start a new exchange keep in mind that next too securtity of the funds, support is very important.
You should be able to communicate (or have people for you do this job like porfessional cuctomer care).
Nothing is more worse for a customer than a error which causes the funds to be on delay, and nobody is responsible or there is no support for feedback and help!

greetings