MCXNow Shutting down (Temporary)

[notyep]

FOLKS!!!    MCXNOW hasn't even scratched the surface of its full potential.   I'm sure those that have made tons of cash trading since launch of the exchange can agree that it has proven to be a successful and it is here to stay.  Grab the bargains while you can and reap the benefits in the coming weeks! 

[Buffer Overflow]

FOLKS!!!    MCXNOW hasn't even scratched the surface of its full potential.

Hello RS.
You mean it was just a warm up scam? The main scam is yet to come? Jesus.

[jasinlee]

The long con cometh.

[mogrith]

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

So If I check my account I will see the missed payments from before he shutdown the site because of too much email?

or is it Yeah I should have sent coin on Monday but since you sold your shares on Tuesday I'm not going to just stop paying you after Tuesday I'm not going pay you for Monday.

[smoothie]

FOLKS!!!    MCXNOW hasn't even scratched the surface of its full potential.   I'm sure those that have made tons of cash trading since launch of the exchange can agree that it has proven to be a successful and it is here to stay.  Grab the bargains while you can and reap the benefits in the coming weeks! 

Yes we all should listen to you because you have such a good standing rep in the community and have been transparent about Who you are and what your intentions are.

Lol 

[cryptoanarchist]

Why are people calling MCXNow a scam?

I put some coins there and following his announcements I withdrew them to my wallet - and they all showed up instantly.

I can't do that with bitstamp - I've been waiting for my coins from them for two weeks now!!!!  

..and of course bitfunder who basically just stole everyone's money.

[exnom]

Why are people calling MCXNow a scam?

Well if you even bothered reading the thread you would not ask that question..

[seleme]

He is serious asshole but boy, his trading engine is miles ahead of competition. If he could only sell that site to some normal guy, it would beat all competition in month.

[LiteMine]

Amen

[Lethn]

Is that actually true? I remember seeing the WDC volume bug that had shown up where the seller volume was listed as BTC but that's about it. It's really a shame about mcxNOW because it was actually run quite well I thought I would wait it out but seriously changed my mind when he started putting in such ridiculous rules, the paybans were annoying enough by themselves lol.

[seleme]

Volume or not, it's technically very good and lightning fast site.

[erk]

Is that actually true? I remember seeing the WDC volume bug that had shown up where the seller volume was listed as BTC but that's about it. It's really a shame about mcxNOW because it was actually run quite well I thought I would wait it out but seriously changed my mind when he started putting in such ridiculous rules, the paybans were annoying enough by themselves lol.

The site was never tested under load, he pulled the plug on it when it was doing only a few hundred BTC of trade per day, who knows what memory leaks and race conditions lay lurking below the surface, C++ is notorious for those. The site lacks basic exchange features such as an audit trail on your trades/deposits/withdrawals, password recovery, a support ticket system etc.

The payban is just another revenue scam like the high trading fees and the upcoming support fees. RS tries to deflect the scam by making out it's revenue for fee share holders, but neglects to mention that he holds 86% of the fee shares, 61% personally, 25% in interest pools which pay the fee share holders of which he is the largest!


So, what did the people who invested millions of dollars worth of BTC in mcxFEE shares get for their money? Sweet fck all, a B-grade site that lacks basic features, and has almost zero trade volume, worth at best a couple of months of full time programmers wages, certainly not millions.

[seleme]

It being overpriced was never a doubt 

[zhinkk]

Oh please... This comes on the heels of a massive fee sale. Call it for what it clearly is; a scam.

Let's not give the herd any false hope; dump your fees for what ever little bit you can get, because RS is gone, and MCXNow with him.

...except that he's not gone. He still comes on the chat regularly to talk to users.

[mogrith]

I just don't trust a site where interest and fees are skipped and the exchange is shut down By RS when he wants to with NO WARNING. Not offline because because of attack or bug just because he deiced to turn it off.

[jasinlee]

Oh please... This comes on the heels of a massive fee sale. Call it for what it clearly is; a scam.

Let's not give the herd any false hope; dump your fees for what ever little bit you can get, because RS is gone, and MCXNow with him.

...except that he's not gone. He still comes on the chat regularly to talk to users.

Well how else would he gloat and rub the nose of those he screwed in it?

[claycoins]

He is serious asshole but boy, his trading engine is miles ahead of competition. If he could only sell that site to some normal guy, it would beat all competition in month.

Well it is easy to have a lightning fast trading engine when 70% of your displayed volume is fake.

When he suspended trading across the board, he forgot to disable his doctored trading volume ticker. It was showing more than 2400 users online and a huge volume till it was pointed out to him three days later LOL...

Gotta love Coinhunter!

 


~BCX~

Yeah, theres still really 1281 people online.........

[mogrith]

I would not trust that it has no backdoors.

"Supporting the source code was just too much so I shutdown all exchanges using my code"

[GoldSeal]

I hope RealSolid gets neck cancer and it causes him to aspirate blood before dying.

For example:
http://trialx.com/g/Neck_Cancer-3.JPG

[mario2323]

McxFees dropped again ...