MCXNow Shutting down (Temporary)

[Armchair Miner]

I like that

"Taking of any property tangible or intangible (without permission) constitutes theft, whether that goal was achieved via social engineering/breaking & entering/carjacking makes no difference."

The permission thingy in brackets is something most people rambling here seem to forget, for example.

An interesting application of your definition is an application to trades.

Just because you bought something (a  coin, a share) high and sold low, noone has "stolen" anything from you since you did both actions (buying and selling) voluntarily, that is, for instance, somebody has taken your coin, or shares with your "permission".

I'm not being clear enough. And you're assuming all dictionaries have the same definitions.

In fact, to understand you, I need your definitions, see.

Quote your definitions of

scam

stolen

con man

before you go any further.

Scam : Not worth my time, if you are trying to pick apart the meaning of this word you are a lackey and will defend him to the death.

Stolen: Not worth my time, if you are trying to pick apart the meaning of this word you are a lackey and will defend him to the death.

Con man : Not worth my time, if you are trying to pick apart the meaning of this phrase you are a lackey and will defend him to the death.

Taking of any property tangible or intangible (without permission) constitutes theft, whether that goal was achieved via social engineering/breaking & entering/carjacking makes no difference.

[jasinlee]

Yes, we all get it, you think he did not do anything wrong because he did not explicitly say, "Oh by the way you guys, I am going to just steal your coins now. And fortunately I orchestrated this cluster of scams with a built in loop hole. Sucks to be you guys!"

[BitThink]

I like that

"Taking of any property tangible or intangible (without permission) constitutes theft, whether that goal was achieved via social engineering/breaking & entering/carjacking makes no difference."

The permission thingy in brackets is something most people rambling here seem to forget, for example.

I'm not being clear enough. And you're assuming all dictionaries have the same definitions.

In fact, to understand you, I need your definitions, see.

Quote your definitions of

scam

stolen

con man

before you go any further.

Scam : Not worth my time, if you are trying to pick apart the meaning of this word you are a lackey and will defend him to the death.

Stolen: Not worth my time, if you are trying to pick apart the meaning of this word you are a lackey and will defend him to the death.

Con man : Not worth my time, if you are trying to pick apart the meaning of this phrase you are a lackey and will defend him to the death.

Taking of any property tangible or intangible (without permission) constitutes theft, whether that goal was achieved via social engineering/breaking & entering/carjacking makes no difference.

Did Realsolid close the website with any profit share holder's permission? When people bought the mcxfee, they were expecting the site to keep open at least for years, but actually it is less than months, just after collecting a large amount of money.

Is false advertising and insider trading by the issuer in the stock market a stealing? Will they go to jail because of that?

Do you think you are cool or smart when playing with words and definitions in front of those who have lost tens of thousands or even hundreds of thousands?

[jasinlee]

Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

I think that says it all.

How would you define "++ my post count"?

I personally would take it to mean that you are on a puppet account. Are you another muppet? Not like it matters you are apparently part of the "I swear I am a smart guy/lawyer/genius club" that troll the forums/internet/4chan hoping that someone will think you sound like what you claim to be.

[Armchair Miner]

Do you really get my point?

If you get my point, then you will define "do anything wrong" (<--- you wrote it). What is your meaning of "doing something wrong", exactly?

It's really hard to get such "subtle" points across.

I am not asking what RealSolid did or not do.

I am asking about your definition of somebody "doing something wrong". Let's say in the context of running a business. Do you even have the definition plain in the open? Or is "wrong" whatever you say is wrong?

Seriously, can you focus on this point of mine?

Yes, we all get it, you think he did not do anything wrong because he did not explicitly say, "Oh by the way you guys, I am going to just steal your coins now. And fortunately I orchestrated this cluster of scams with a built in loop hole. Sucks to be you guys!"

[Armchair Miner]

"Not like it matters" exactly. This is off topic. What I talk about has nothing to do with RealSolid/MCXnow and everything to do with how people in this thread nonchalantly throw words without much meaning around.

I'm sure there are other threads where the same symptoms show up.

Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

I think that says it all.

How would you define "++ my post count"?

I personally would take it to mean that you are on a puppet account. Are you another muppet? Not like it matters you are apparently part of the "I swear I am a smart guy/lawyer/genius club" that troll the forums/internet/4chan hoping that someone will think you sound like what you claim to be.

[jasinlee]

"Not like it matters" exactly. This is off topic. What I talk about has nothing to do with RealSolid/MCXnow and everything to do with how people in this thread nonchalantly throw words without much meaning around.

I'm sure there are other threads where the same symptoms show up.

Your deductive capacity is beyond belief!

(just posting this to ++ my post count)

I think that says it all.

How would you define "++ my post count"?

I personally would take it to mean that you are on a puppet account. Are you another muppet? Not like it matters you are apparently part of the "I swear I am a smart guy/lawyer/genius club" that troll the forums/internet/4chan hoping that someone will think you sound like what you claim to be.

You are off topic and wanting to focus on an obscure point you are trying to make and still no one cares. If you want to teach people how to think go to mcxnow chat room and talk to like minded people.

[Thorgrim]

Do you really get my point?

If you get my point, then you will define "do anything wrong" (<--- you wrote it). What is your meaning of "doing something wrong", exactly?

It's really hard to get such "subtle" points across.

I am not asking what RealSolid did or not do.

I am asking about your definition of somebody "doing something wrong". Let's say in the context of running a business. Do you even have the definition plain in the open? Or is "wrong" whatever you say is wrong?

Seriously, can you focus on this point of mine?

Yes, we all get it, you think he did not do anything wrong because he did not explicitly say, "Oh by the way you guys, I am going to just steal your coins now. And fortunately I orchestrated this cluster of scams with a built in loop hole. Sucks to be you guys!"

Armchair miner do you fancy yourself an armchair intellectual?

The posts you are nit picking at were made in plain english and other then yourself I think everyone understands what was said.

Stop trying to derail this thread with your ramblings.

What RS did was morally wrong and there is the potential for criminal charges if we could figure out his true identity. The fact that he has gone to such great lengths to conceal who he is shows that he knows there would be repercussions for himself, even if he can justify that his actions weren't criminal.

He sold Fee shares with the general understanding that the exchange would continue to grow in volume over the coming months and less then a month after releasing them he closes down the site. How is that not a con job?

To be quite clear and to add to a previous post.

Realsolid is a socio/psychopath.

[erk]

I noticed that RS is working on a new proprietary coin something like mcxBUX to only be used on the mcxNOW exchange, effectively a fiat coin, with a central issuing authority. It's to be used to pay for certain services on the exchange.


My advice is to stay away from any coin that you can't transfer to another exchange or private wallet. That includes mcxFEE, Cryptsy points, and most likely mcxBUX.

[AndrewWilliams]

You guys realize that if MCXNow was regulated like a bank, realsolid would have to publish the change of terms in the newspaper and give at least a 12 month window for users to withdraw?

His 2 month inactivity rule is going to to wipe out many accounts of people that left their coins there for safekeeping and don't check often.

It is a very sneaky, under the radar kind of fraud he is perpetrating.

[SaltySpitoon]

You guys realize that if MCXNow was regulated like a bank, realsolid would have to publish the change of terms in the newspaper and give at least a 12 month window for users to withdraw?

His 2 month inactivity rule is going to to wipe out many accounts of people that left their coins there for safekeeping and don't check often.

It is a very sneaky, under the radar kind of fraud he is perpetrating.

This is why I made this thread 

Whether or not the exchange dissappears for good, is something we wont know for a few months, however hopefully people will see the shutting down thread, and get their coins out that they left for the longhaul.

[GoldSeal]

Dealing with him is really very simple. Just avoid doing any business with this clown. He will rob you.

[STT]

The fact that he has gone to such great lengths to conceal who he is shows that he knows there would be repercussions for himself, even if he can justify that his actions weren't criminal.

He sold Fee shares with the general understanding that the exchange would continue to grow in volume over the coming months and less then a month after releasing them he closes down the site. How is that not a con job?

To be quite clear and to add to a previous post.

Realsolid is a socio/psychopath.

Spotted earlier today, he wont get away

[Thorgrim]

You guys realize that if MCXNow was regulated like a bank, realsolid would have to publish the change of terms in the newspaper and give at least a 12 month window for users to withdraw?

His 2 month inactivity rule is going to to wipe out many accounts of people that left their coins there for safekeeping and don't check often.

It is a very sneaky, under the radar kind of fraud he is perpetrating.

This is why I made this thread 

Whether or not the exchange dissappears for good, is something we wont know for a few months, however hopefully people will see the shutting down thread, and get their coins out that they left for the longhaul.

This is a very good point. Over the summer I was extremely busy with work and left large balances sitting on MCXnow for a couple months, this was before interest even. i didn't even have time or energy to check in on the forums. Someone in my position now could have all their coins taken and RS would just tell them they were an idiot and deserved to lose their coins.

[smoothie]

Dealing with him is really very simple. Just avoid doing any business with this clown. He will rob you.

This ^.

Hopefully people coming on to the bitcoin/crypto scene will learn from history.

[Lethn]

At least I'm seeing other exchanges offer up interest and dividend payments, now if only they'd work on the lag and the security I'd feel more comfortable keeping my coins there long term

[Catswold]

Boy, I was going to reply to some of the most ridiculous posts here but, alas, low ROI.

My main objection to 99% of the posts I skimmed over is - people are throwing words around without even understanding what these words mean, i.e. they don't really know what they are saying.

Examples:

arrogant, narcissistic, thieving, megadouche, scamming, puppeteer, con

If the authors of the posts would just quote what (dictionary, if need be) definition of these and other similar words they are using are, then maybe they wouldn't even write these words down in the first place.

So if the authors of the post don't even know what they are saying, how do they hope to provide anything useful to the readers?

There is nothing.

Moving on.

Just because you have either a very limited vocabulary or a chip on your shoulder about anyone who criticizes MCXNow and RealSolid doesn't render the words meaningless or incorrectly applied.

From what I have seen and read about this exchange, the owner-operator and his "exchange" is every bit of arrogant, narcissistic, thieving, megadouche, scamming, (not so certain about "puppeteer") con.

Your post is the one which indicates a lack of understanding and knowledge.

[jasinlee]

Boy, I was going to reply to some of the most ridiculous posts here but, alas, low ROI.

My main objection to 99% of the posts I skimmed over is - people are throwing words around without even understanding what these words mean, i.e. they don't really know what they are saying.

Examples:

arrogant, narcissistic, thieving, megadouche, scamming, puppeteer, con

If the authors of the posts would just quote what (dictionary, if need be) definition of these and other similar words they are using are, then maybe they wouldn't even write these words down in the first place.

So if the authors of the post don't even know what they are saying, how do they hope to provide anything useful to the readers?

There is nothing.

Moving on.

Just because you have either a very limited vocabulary or a chip on your shoulder about anyone who criticizes MCXNow and RealSolid doesn't render the words meaningless or incorrectly applied.

From what I have seen and read about this exchange, the owner-operator and his "exchange" is every bit of arrogant, narcissistic, thieving, megadouche, scamming, (not so certain about "puppeteer") con.

Your post is the one which indicates a lack of understanding and knowledge.

Armchair Miner, My main objection to 1% of the posts I skimmed over is - people are throwing words around without even understanding what these words mean, i.e. they don't really know what they are saying.

Examples:

arrogant, narcissistic, thieving, megadouche, scamming, puppeteer, con

If the authors of the post would just quote what (dictionary, if need be) definition of these and other similar words they are using are, then maybe they wouldn't even dispute the use of these words in the first place.

So if the authors of the post don't even know what they are saying, how do they hope to provide anything useful to the readers?

There is nothing.

[mogrith]

Simple

TOS said Shares and Interest paid every 6 hrs.  It was well over 6 hrs since the last payment when the site was shut down. Note shut down not crashed not attacked so all data was there to make a payment.

He failed to do so. The period from the last payment due to the time of the shutdown also should have been paid. But as there were not trades for the full six hours the amounts would be less but not zero.

Now if people want to trade at exchange that is closed down when the owner gets too much email and if you leave your coin just sitting there for too long he'll take it, it is indeed up to them.

[erk]

Simple

TOS said Shares and Interest paid every 6 hrs.  It was well over 6 hrs since the last payment when the site was shut down. Note shut down not crashed not attacked so all data was there to make a payment.

He failed to do so. The period from the last payment due to the time of the shutdown also should have been paid. But as there were not trades for the full six hours the amounts would be less but not zero.

Now if people want to trade at exchange that is closed down when the owner gets too much email and if you leave your coin just sitting there for too long he'll take it, it is indeed up to them.

Interest payments are still happening at 6 hourly intervals, they were offline for a while until SC and MNC trade were reactivated.

There is very little trade going on there atm. so the interest is rather worthless. Only some people trying to drive the price of mcxFEE shares down so the can pick up cheap ones, however they are causing more harm then good, iif mcxFEEs were back up around the 0.4BTC of the last release, then money might enter that market. Noob traders do things that make money exit markets, where the good profit is when new money enters the market, BTC/USD is a perfect example.