The Official MCXNOW - REALSOLID SCAM Thread - Please add to this if u scammed.

[Atruk]

I've put together the evidence that was widely available that McxNow would have probably ended this way.

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[Kaega]

Disclaimer: I traded on mcxNOW, I got my coins out but I'm stuck holding some mcxFEEs

All the currencies are stop trading and withdrawals are working.

The only "scam" is the risk people took buying mcxFEEs.  When the second (big) batch was sold at 0.4, BTC was ~200-205 USD (Oct 23-31st) or so.  Until the announcement, they had moved to .2 which maintained the fiat value of around ~200 USD. The announcement and panic sell has them hovering around at ~0.065.  Why?

RealSolid keeps buying them back cheap.  In the last couple days, he's bought back ~2000 mcxFee shares.  Why would he do this at all if he wasn't bringing back the site?  Ya, of course he's getting a deal, selling at .4 and buying at .065, but realistically, he doesn't have to buy anything. 

Now, it could be said he's doing this to remove some "taint" with this move.

However, I do find it hard to believe such a "competent, pro, C++ programmer" would neglect a use case scenario in which simple site maintenance and support would be blatantly overlooked.  A secure CLI interface could be drummed up to add this support with adequate logging and used to maintain the site.

TLDR; If you took the risk on mcxFees, it's on you. All my coins withdrawn except some FEEs I'm holding.

[Atruk]

Now, it could be said he's doing this to remove some "taint" with this move.

Well it is the same reason Pirateat40 ran GPUMax

However, I do find it hard to believe such a "competent, pro, C++ programmer" would neglect a use case scenario in which simple site maintenance and support would be blatantly overlooked.  A secure CLI interface could be drummed up to add this support with adequate logging and used to maintain the site.

Well yeah, this whole thing kind of illustrates that RealSolid is not and never was a competent C++ programmer.

[Dâniel Fraga]

Post your message here on how he has scammed you.  I was scammed by him as he decided to shutdown his site "Temporarily" Which could mean years based on his history.  His announcement took the price of his shares from .21+ to .05 within an hour.   Keep in mind that just a few weeks ago he sold his shares for .4 to everyone.  Promising that his site will never go down and it can be run by his dumb wife that has half a brain if there really is one.   

There's NO scam at all. What kind of scam is that allows people to withdraw their coins before doing the new version of the site? Bugs exist and problems happen.

Try to run your own exchange if you're so good to do your own exchange.

We just need patience while Real Solid fix the bugs and reformulate the site. When v3 goes online, I bet many of those who are attacking mcxNow will use mcxNow too.

[Buffer Overflow]

There's NO scam at all.

Jesus, you've been sucked in good and proper.

[FlungSpun]

Worst thing I could try to accuse RealSolid of doing here is knowingly selling the second batch of mcxFEE with concerns about the site.
the more I think about it the more there were easier ways to manipulate his own markets anyway so I find that hard to call him on that.
naive maybe, his PR sucks but then he doesn't pretend to be anything other than a c++ coder who's proud of his work (maybe to a fault)
I think the facts the site took off hugely and crypto in general when ballistic created a perfect storm he couldn't deal with and scared to screw it up made a rash call.

 
We all knew McxFEE was a PUNT! on how RealSolid would develop the site and in his usual blunt and to the point way he shared his ideas openly while making no promises.
Some people got pretty greedy and are now complaining they paid too much when a trading reality hits home ... oh well its happened to me in much tighter regulated markets.
Fools and their money right.

We all have our coins back plus some interest from deposit interest
he is still fielding problems with withdraw/deposits/ lost password etc.
we all have our FEE which we can choose to sell at a loss or stick with our original faith in the mcxNOW idea lets hope he pulls through with V3.0 of the site

McxNOW chat is pretty full of people gutted that the site isn't trading and bemoaning ALL the other exchanges for the poor responsiveness user experience.
RealSolid is still there chatting and dealing with folk. It's a strange scam if it is one.

as someone said earlier
/watching
I'll add
/hoping
it was a good exchange and could be again.Here's hoping you prove the scam accusers wrong - you obviously have some historical friends round here mate :/

Get some PR RS, cos you line yourself up for these cheap shots and make it easy for the nay sayers. but better than saying nothing ala other exchanges silence is worst of all.


so now you may all accuse me of shill or whatever .. feel free its all BS from where I'm sitting - just a really bad call from a one man show.
Or maybe he saved me 1000s in potentially lost coin if he had been over confident in his code and expanded on regardless. just a thought.

[OGskunk]

Uh oh look at this.. looks like we got another DPR wannabe hitman shit going on

http://gyazo.com/1c271efae5b5e22d6bb6668ccf1a3868
http://gyazo.com/02902a096ef14ad3f8441867088512b7
http://gyazo.com/13b8e2a9dce8e9ee45eb51c86e34e8d1

[seleme]

realsolid: @pythonideus no because i dont care if people lost money on feeshares, its their choice

[laughingbear]

realsolid: @vipah the scam is i forced them to sell their mcxfee at a loss! massive scam
jsidhu: @ssongssu its more like $20 mill
realsolid: haha
realsolid: these fucking morons man
realsolid: "ooooo you sold a commodity at 0.4 and you knew it would be less in the future waaaaa"

[Dâniel Fraga]

Jesus, you've been sucked in good and proper.

Where is the argument? Or are you unable to show me an argument?

[Buffer Overflow]

Jesus, you've been sucked in good and proper.

Where is the argument? Or are you unable to show me an argument?

Open your eyes and read what's going on for crying out loud. It's a very, very, very, very, very, very, obvious scam.

Bury your head in the sand if you want. Good luck with that.

[Dâniel Fraga]

Open your eyes and read what's going on for crying out loud. It's a very, very, very, very, very, very, obvious scam.

Bury your head in the sand if you want. Good luck with that.

Those who scream "it's a scam" just say that and nothing else.

What happened to mcxNow was a bad decision to stop trading (this could be avoided if Real Solid halted support for a while, fixed the bugs, implemented new features etc).

But what's done is done. It's silly to complain now. What people should do now is stay calm, be rational and do NOT sell the mcxFEE until the v3 site appears.

I'll be back in this topic when v3 shows up and ask the same ones who are accusing mcxNow of "scam" if they will apologize for the false claim.

[mogrith]

Well he did skip at least one fee/interest payout and there was a lot of transactions in the time before the shutdown

[flound1129]

Open your eyes and read what's going on for crying out loud. It's a very, very, very, very, very, very, obvious scam.

Bury your head in the sand if you want. Good luck with that.

Those who scream "it's a scam" just say that and nothing else.

What happened to mcxNow was a bad decision to stop trading (this could be avoided if Real Solid halted support for a while, fixed the bugs, implemented new features etc).

But what's done is done. It's silly to complain now. What people should do now is stay calm, be rational and do NOT sell the mcxFEE until the v3 site appears.

I'll be back in this topic when v3 shows up and ask the same ones who are accusing mcxNow of "scam" if they will apologize for the false claim.

The scam is selling hundreds or thousands of BTC in fee shares for 0.4 BTC each that he has no intention of ever paying fees on, weeks before shutting down.

Telling everyone to withdraw their coins, making him plenty more in transaction fees, unwithdrawable dust, etc.  It also gives him cover in case he ever has to talk to authorities after he disappears with the rest of the coins in his exchange.  Everyone has to withdraw because he has to do his testing on the live site?  Can't create another DNS record and vhost?  Maybe he could use some of his millions for a dev server?

[Buffer Overflow]

I'll be back in this topic when v3 shows up and ask the same ones who are accusing mcxNow of "scam" if they will apologize for the false claim.

This reminds me a little when the pirate ponzi imploded. People were actually taking bets he was legit. Oh dear.....

If the site goes back up, how does that prove it's not a scam? It doesn't. It just means he's back to lube up and penetrate you all again.

Anyway, he can't be doing much serious coding because he's on the troll box 18 hours a day.

[Bitcoin Oz]

lol you "invested" with this guy ?

[Dâniel Fraga]

The scam is selling hundreds or thousands of BTC in fee shares for 0.4 BTC each that he has no intention of ever paying fees on, weeks before shutting down.

Telling everyone to withdraw their coins, making him plenty more in transaction fees, unwithdrawable dust, etc.  It also gives him cover in case he ever has to talk to authorities after he disappears with the rest of the coins in his exchange.  Everyone has to withdraw because he has to do his testing on the live site?  Can't create another DNS record and vhost?  Maybe he could use some of his millions for a dev server?

Nobody is being forced to do anything. If it was a "scam", Real Solid could just shutdown the exchange and that's it.

And nobody was forced to buy any mcxFEE. The only ones who sold mcxFEE are desperate people who didn't understand what happened.

Now Real Solid decided to resume Mincoin/Solidcoin trading and charge for the support in case the problem was caused by the user (lost password). This will make a lot
easier to do the support and benefit all users.

This is free market. If someone doesn't like mcxNow, use Vircurex, BTC-E or even "Cryptsy" (the worst exchange ever).

[Dâniel Fraga]

This reminds me a little when the pirate ponzi imploded. People were actually taking bets he was legit. Oh dear.....

If the site goes back up, how does that prove it's not a scam? It doesn't. It just means he's back to lube up and penetrate you all again.

Anyway, he can't be doing much serious coding because he's on the troll box 18 hours a day.

So do not use mcxNow It's simple as that Did somebody pointed a gun to your head forcing you to use mcxNow? No! So stop crying.

[dbasql]

There's NO scam at all.

Jesus, you've been sucked in good and proper.

This no doubt 

[Buffer Overflow]

So do not use mcxNow It's simple as that Did somebody pointed a gun to your head forcing you to use mcxNow? No! So stop crying.

Ahh, but am I crying because of upset or crying because of laughter?