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

[Dâniel Fraga]

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

The crying if free

We will see who will laugh in the future .

[1714514665]

1714514665

[1714514665]

1714514665

[1714514665]

1714514665

[1714514665]

1714514665

[flound1129]

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).

I hear e-mail based password resets are hard to code, that's why almost no website has them.

[flound1129]

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.

A scam doesn't require force of any kind.  I fail to see how the fact that nobody was 'forced' to do anything exonerates RS in any way.

[Dâniel Fraga]

I hear e-mail based password resets are hard to code, that's why almost no website has them.

Since the beginning, it was made clear that no e-mail will ever be send from mcxNow to preserve user's privacy.

Even if Real Solid could use e-mail for users who want to enable e-mail password reset, he is free to decide to not use any e-mail at all for this.

[Dâniel Fraga]

A scam doesn't require force of any kind.  I fail to see how the fact that nobody was 'forced' to do anything exonerates RS in any way.

Nobody was "scammed". mcxNow is up and running. Private site and private rules. You are not the owner of mcxNow. So why do you want to dictate rules?

So you're against individual freedom and voluntary exchange. So you're just another statist wanting to regulate and dictate how people use sites.

[Buffer Overflow]

Nobody was "scammed". mcxNow is up and running.

I'm calling Dâniel Fraga another Realsolid sock puppet account. Got to be. Nobody could naturally be this stupid.

[Dâniel Fraga]

I'm calling Dâniel Fraga another Realsolid sock puppet account. Got to be. Nobody could naturally be this stupid.

You can call me whatever you want It doesn't affect me. It just shows you don't have inteligence to write me a true argument, just
"Ad hominem".

[OGskunk]

Nobody was "scammed". mcxNow is up and running.

I'm calling Dâniel Fraga another Realsolid sock puppet account. Got to be. Nobody could naturally be this stupid.

+1

[Dâniel Fraga]

+1

I thought I would read real arguments here. So those who scream "mcxNow is a scam!" can't show a simple and real argument?

All of you failed to convince me mcxNow is a scam. Keep trying

[STT]

It doesnt have to be a scam to be bad.
  Im not aiming to defend anyone but which is a worse scenario:  a site compromised by bad security, phishing even  or a site with bad customer service but none the less has retained all its funds intact.

I could meet the nicest website admin ever and he is a real great guy but if he loses my funds somehow then he sucks and nothing redeems that situation.  Vice versa, I dont care so much because its not really about feel good stuff.
  Shutting down the site like that was a really silly thing (a large part of worth can be goodwill, reputation and wheres that now?) to do imo and its obviously bad but theres always worse and big websites have accidentally or negligently done their customers far worse service then this one did purposefully.
   That is not a defence its just a comparison imo

[Dâniel Fraga]

It doesnt have to be a scam to be bad.
  Im not aiming to defend anyone but which is a worse scenario:  a site compromised by bad security, phishing even  or a site with bad customer service but none the less has retained all its funds intact.

I could meet the nicest website admin ever and he is a real great guy but if he loses my funds somehow then he sucks and nothing redeems that situation.  Vice versa, I dont care so much because its not really about feel good stuff.
  Shutting down the site like that was a really silly thing (a large part of worth can be goodwill, reputation and wheres that now?) to do imo and its obviously bad but theres always worse and big websites have accidentally or negligently done their customers far worse service then this one did purposefully.
   That is not a defence its just a comparison imo

Yes. Compare for example to inputs.io, also in Australia. Probably people here wouldn't call it a "scam", but, as you wrote, the coins were stolen. I prefer to use mcxNow which is much more secure, than to risk my coins in another site where I can't even chat with the creator.

Real Solid made the best, most secure and fastest exchange I saw on the internet. Bugs and problems will happen. Bugs are being fixed. In 3 or 4 weeks we will have the site fully operational again.

And people complaining here are missing the opportunity to buy cheap mcxFEE. When mcxFEE reach much higher value, it will be late for crying .

[laughingbear]

OK, so "maybe" scam is the wrong word to use. I mean it is IS a scam, but using that word gives some people an argument. I guess the better word to use here is con.  He pushed his fee shares HARD. Literally promising that people that bought his fee shares would be rich. He said that. He used his money that he made from the exchange to pump them.  Spent hundreds of btc of banns and pumps to bloat the fee share payouts to make the fee shares look a lot more attractive. Of course being the owner of the exchange, he had TONS people all over his dick helping him promote the fee shares.

He said many many times how mcxnow would be the biggest and best exchange ever.  He claimed it would take down btc-e, and one day gox.  He wouldnt even need to add fiat because he was working on Microcash! And OOOHHHH boy once microcash went live, the early adopters of mc and fee shares were going to have it made!  Buy and hold, buy and hold or you were a moron!  THEN, with ZERO WARNING after he made MILLIONS from the fee shares, it was all suddenly just too much work. SOOO much work that the great RS just couldnt take it anymore. (once he has made more money than he will ever need for the rest of his life) It SUDDENLY without warning became too much to deal with and he had to close up shop. But you know... he is sorry about that.

NOW he is opening the exchange again, but only trading coins that he owns. Literally owns, he made them.  He claims to have bought back most of the fee shares he sold.  (sold at .4, bought back at or around .1)
Who knows where this will end.  If the website will just shut down and go away, or if it will limp along and try to milk a few more people out of some funds.  It seems like in this community people just line up to throw away their money, even as they see others fall.

So did he steal coins?  No, he conned people. He lied about the future of fee shares, and he lied or misled people about how he would handle the exchange. NO ONE saw the shut down coming, except him, while he pushed his fee shares. True he didnt FORCE anyone to do anything, but you bet your ass he misled them on purpose, knowing he was selling something that was shit, or that he would turn to shit and buy back cheap!

SO did he "scam"  YES 100% yes. no question to anyone who lost shittons of btc believing his promises only to have the rug pulled out from under their feet.

I was conned.  I believed in RS, despite all the people on this forum telling me not to. I believed because he wrote the best exchange out there.  I believed because in chat he claimed to be a sensible libertarian, and I thought he was an honest person. I was wrong, and RS you should be ashamed. (I know you wont care, fuck it you are rich now) You people defending his CON should also be ashamed, even if the site reopens, HE CONNED PEOPLE WITH FEE SHARES! plain and simple.

RS, YOU are the reason that we need regulation, at least when it comes to exchanges.

WHY CANT WE HAVE ONE SINGLE, GOOD AND HONEST EXCHANGE?

[Dâniel Fraga]

OK, so "maybe" scam is the wrong word to use. I mean it is IS a scam, but using that word gives some people an argument. I guess the better word to use here is con.  He pushed his fee shares HARD. Literally promising that people that bought his fee shares would be rich. He said that. He used his money that he made from the exchange to pump them.  Spent hundreds of btc of banns and pumps to bloat the fee share payouts to make the fee shares look a lot more attractive. Of course being the owner of the exchange, he had TONS people all over his dick helping him promote the fee shares.

(...)

RS, YOU are the reason that we need regulation, at least when it comes to exchanges.

WHY CANT WE HAVE ONE SINGLE, GOOD AND HONEST EXCHANGE?

Wrong. Real Solid never promised mcxFEE will make anyone "rich". It's just like stock. There's no warranty at all. it can go up or down.

You ask for "regulation"? You don't know what you're asking for. Just politicians regulating what they aren't capable of doing themselves.

http://www.youtube.com/watch?v=BUvUtqTmd5c

And if you want a "single, good and honest exchange" why don't you do it yourself? You can even do an exchange without being a programmer:

http://bex.io/

[mogrith]

There's no warranty at all. it can go up or down.

Not even an implied warranty that they would continue to pay out? Not how much of a payment just that would be one.

Why would I buy a fee now that he has shown he will closes down the site skip payments due and start it back up again.

[Dâniel Fraga]

Not even an implied warranty that they would continue to pay out? Not how much of a payment just that would be one.

Why would I buy a fee now that he has shown he will closes down the site skip payments due and start it back up again.

Yesterday there was a huge payment. Those who desperate sold their mcxFEEs didn't gain from it.

And you don't need to buy anything. It's up to you decide. If you want other stocks you can go to Cryptostocks, but they are much worst than mcxFEE.

It's much better to wait for version 2.5 of the site.

[Charles999]

Yes this : Dâniel Fraga
is clearly another one of RS's puppets.  They all show the same traits.  Pretending that causing investors money isn't a big deal.  "the site is still up" blah blah bah.  It's the same old pattern.  He will send his many shills to try to defend him.  

One thing he can't do on bticointalk is ban your free speech.  right now his mcxnow site is only left with his ass kissing shills yapping amongst themselves.  And can you believe it, I log on for 30 seconds to see how stupid people are with feeshares still being bought??  and they are still talking about me and I have been chatbanned there for weeks.  Can you guys find more interesting topics?

Just keep the scam report going so no one else will get tricked him that site's Mcxfee scam.  They will try to run the scam again so watch out.

BECAREFUL with losers like Realsolid and his minions.

[Dâniel Fraga]

Yes this : Dâniel Fraga
is clearly another one of RS's puppets.  They all show the same traits.  Pretending that causing investors money isn't a big deal.  "the site is still up" blah blah bah.  It's the same old pattern.  He will send his many shills to try to defend him.  

Nobody is against free speech. You can start a mega-capaign against mcxNow and probably it will help a lot mcxNow

[Kenshin]

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.   

I am so glad I stop using MCX Now, 2 months ago. I did smell the site to be a bit fishy. The spread are overpriced compare to BTCe.

[mogrith]

Not even an implied warranty that they would continue to pay out? Not how much of a payment just that would be one.

Why would I buy a fee now that he has shown he will closes down the site skip payments due and start it back up again.

Yesterday there was a huge payment. Those who desperate sold their mcxFEEs didn't gain from it.

And you don't need to buy anything. It's up to you decide. If you want other stocks you can go to Cryptostocks, but they are much worst than mcxFEE.

It's much better to wait for version 2.5 of the site.

Has there been a payout for the time of the last payout before the closing and the announcement of the hiatius?

[Dâniel Fraga]

Has there been a payout for the time of the last payout before the closing and the announcement of the hiatius?

At November 25th there're 3 payouts. The fourth one was done yesterday and now the payouts are back to normal at every 6 hours.