mogrith
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December 01, 2013, 01:09:53 AM |
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But if you sold your fess after being told there we going to be no more payouts for 3 months you don't get the fourth? even if you owned them past Nov 25?
Also was the payout for all coins or just the ones trading now?
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Dâniel Fraga
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December 01, 2013, 01:23:03 AM |
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But if you sold your fess after being told there we going to be no more payouts for 3 months you don't get the fourth? even if you owned them past Nov 25?
Also was the payout for all coins or just the ones trading now?
You didn't understand. I didn't sell any mcxFEE. I'm not desperate like people in this topic who enter in the panic sell mode at the slightest change. The payout yesterday was for all coins.
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mogrith
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December 01, 2013, 02:00:25 AM |
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But if you sold your fess after being told there we going to be no more payouts for 3 months you don't get the fourth? even if you owned them past Nov 25?
Also was the payout for all coins or just the ones trading now?
You didn't understand. I didn't sell any mcxFEE. I'm not desperate like people in this topic who enter in the panic sell mode at the slightest change. The payout yesterday was for all coins. Do you know the answer to my question? You answered how someone that holds fees the entire time was paid. I asked how someone who had fees with a payment due before the hiatus would be paid for the time before the hiatus. if they sold the fees after it. I don't trust RS to buy fees again. I understand .001% of a variable market will payout different amounts. But buying .001% share that payouts stop whenever RS wants and restarts after a radically different amount of time than announced seems nutty
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Dâniel Fraga
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December 01, 2013, 02:05:22 AM |
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Do you know the answer to my question? You answered how someone that holds fees the entire time was paid. I asked how someone who had fees with a payment due before the hiatus would be paid for the time before the hiatus. if they sold the fees after it.
I don't trust RS to buy fees again. I understand .001% of a variable market will payout different amounts. But buying .001% share that payouts stop whenever RS wants and restarts after a radically different amount of time than announced seems nutty
The answer to your question is implicit in your question: if you sold your mxFEE, you did it by yourself (nobody forced you to sell your mcxFEE). So, if you sold your mcxFEE, you will get nothing, because you sold it! It's not hard to understand. If you don't trust him, don't use mcxNow. Simple as that! Nobody is forcing you.
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STT
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December 01, 2013, 02:29:55 AM |
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You can buy royalties in a gas pipeline. It wont always run full flow and it might even stop for maintenance, thats just a safety issue and owners dont even have control of that. I wont say he should have stopped the site but its comparable that a site under possible financial attacks wont always be online. Really bad pr but still not anything more extreme then other kind of royalties. Speak to a gold mine royalties firm, they had a rough trot with price falling for 2 years and sometimes the entire mine might flood out which means no royalties and touch luck.
The whole business is risky, maybe some smart guy should make a trust fund owning shares in every exchange so that risk is spread out. I dont have the capital myself
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mogrith
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December 01, 2013, 02:31:28 AM |
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this conversation started with 'where is the scam'
Fees are due for each 6hr period. fess for 1800-2400 were not paid. And RS stated that fees would NOT be paid for 2-3 months until new version comes up. note at this time if is past 2259 24NOV I hold fees payment is due. no payment is due after that as there has been no trading in anything fees are paid on.
If when trading started again the fee payout was only for the the time after trading started again and so will be only for the coins now in trades. That would be fine.
But you are saying that payments in BTC WDC DVC XPM etc were paid only to current fee holders. not fee holders at the time the payment was due.
I'm not talking about what price fees were bought or sold at just the payment that was due.
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mogrith
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December 01, 2013, 02:38:20 AM |
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Speak to a gold mine royalties firm, they had a rough trot with price falling for 2 years and sometimes the entire mine might flood out which means no royalties and touch luck. ok but if the mine has been paying out every quarter then misses a payout then two weeks later if floods. they still owe for the quarter before the flood. especially as the mine had hit good ore and was producing more oz/ton than before. then the mining co says it will be 5 years to recover from flood buys up royalties then reopens mine one month later.
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STT
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December 01, 2013, 02:55:42 AM |
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Data can change but yea I guess thats a fair point on time of ownership. Takes alot of admin to track when owned a share at what point of time, I guess this is one corner thats been cut and thats a fair complaint. But you should know cryptsy royalities just did the same thing. He was late paying fees this week, fair enough its a holiday but I owned the share for the week and only just sold in the last few hours. He just paid the fees but I didnt get what I was owed for the week. A real share like you say tracks ex dividend dates and all that thing but apparently its common not to do this for this btc type. On a weekly basis there is better argument for keeping it simple (immediate owners only), is there an agreement to specifically state otherwise [Is that a cthulhu wee laddie edition ]
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mogrith
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December 01, 2013, 06:39:17 AM |
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It's actually a Hello Cthulhu cake.
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flound1129
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December 01, 2013, 06:49:05 AM |
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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. The scam isn't that he promised to make people rich, it's that he promised to pay out shares of future fees from an exchange that has no future fees.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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Buffer Overflow
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December 01, 2013, 06:57:54 AM Last edit: December 01, 2013, 07:52:48 AM by Buffer Overflow |
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Let's not forget he also promised about making Microcash ages ago. Another scam; people didn't get what they paid for.
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Dâniel Fraga
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December 01, 2013, 07:36:28 AM |
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The scam isn't that he promised to make people rich, it's that he promised to pay out shares of future fees from an exchange that has no future fees.
mcxNow is paying it for mcxFEE holders. What's the problem? "No future fees" where? 3 weeks from now the site will be normal again.
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DigitalMan
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December 02, 2013, 10:50:29 AM |
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Lets not forget to add this criminal to Realsolid's band of scammers: Supertramp, the second biggest mcxpumper. helping to tell lies and was one of the few members with insider info. https://bitcointalk.org/index.php?action=profile;u=38365Help adjust his trust accordingly!
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slu2
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December 03, 2013, 09:28:48 AM |
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I wasn't scammed, but I got real-tired of the real-solid bait and switch. Like the 9:1 buyin thing, and all of the rest of the BS.
He is a multi-millionaire. If he ever reopens his exchange again, which I doubt he will. I know I won't visit that flunky ass place again.
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Buffer Overflow
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December 03, 2013, 10:07:59 AM |
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Can't wait for the sob stories when the authorities eventually pull the plug on those illegal mcxFEE securities he's trading.
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ottodv
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December 03, 2013, 07:29:58 PM |
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Don't know if it has already been mentioned, here's another place to file a report, just in case he is in Australia: http://www.asic.gov.au
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mogrith
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December 03, 2013, 07:49:29 PM |
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The scam isn't that he promised to make people rich, it's that he promised to pay out shares of future fees from an exchange that has no future fees.
mcxNow is paying it for mcxFEE holders. What's the problem? "No future fees" where? 3 weeks from now the site will be normal again. Normal thats where he promises one thing and when enough people buy in changes his mind so they sell back cheap then changes his mind again.
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john_doe
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December 22, 2013, 06:14:40 PM |
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The scam isn't that he promised to make people rich, it's that he promised to pay out shares of future fees from an exchange that has no future fees.
mcxNow is paying it for mcxFEE holders. What's the problem? "No future fees" where? 3 weeks from now the site will be normal again.McxNow will be back to normal sometime today?
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If you believe my post is helpful and you feel like donating a small amount, please use this address: 165i2m6WNT3v4KPWbFesKhceaXf2shcUDR
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Kaega
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December 22, 2013, 10:15:36 PM |
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McxNow will be back to normal sometime today?
Lol. +1 karma for a hilarious post.
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EarthCoinOne
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January 27, 2014, 02:19:11 PM |
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