... I was skeptical about being a member of their new campaign (was accepted but deleted my application after knowing that they've got the real reds from many users here)...
I did the exact same thing and after I was accepted to the new Livecoin campaign I have removed myself. Now the narrative will change because of the reasons.
I understand that you were afraid that Livecoin Manager will not pay because there was no confirmation from officials:
...ofc, no confirmation about the campaign from Livecoin's Officials...
and you thought that everybody is doing this only for the money:
...it ends like that 'where there's a one week shout by the participants who didn't leave yet and they don't get paid a damn Satoshi out of it', their efforts to save livecoin 'just because they believe they are going to make some big fat amounts' will go waters...
There are more such comments in this thread, that we are doing this only for the money and this will kill our reputation (advertising obvious scam for incentive), which I can understand to some extent, but despite everything and obvious threats:
...these guys are going to kill their chances of getting accepted in future campaigns of many managers for their behavior...
I decided to wear the Livecoin signature without incentive for 3 weeks, only to show my support and back up my claims. To be exact that was a month, taking into consideration a couple of days in first and the last week. After this time, I applied one more time and was accepted again.
I participated in the first edition of Livecoin campaign and was in opposition to the first flag created by Izormood. Commented a few times in the accusation threads to support Livecoin exchange and show my point of few. I keep using Livecoin exchange until today frequently and never had a single problem. The flag created by Izormood was removed and he got his account back. All the reasons for the flag dropped in my opinion. Additionally, this scam accusation should be taken as a support issue because only one very complicated case is not enough to call such a big exchange with thousands of happy customers a scam (in my opinion of course).
But this accusation case is all about opinions and point of view. In my opinion, Livecoin Exchange hasn't scammed Izoormod and that was a support issue which escalated too much.
I found multiple complains about all crypto exchanges. This is enough, to use Google and search for query: "name of exchange + scam". All biggest exchanges are accused, by random users across all available social media channels for multiple cases of abuse and obvious scam tactics. From failed KYC, blocked accounts by AML, to lost deposits and withdrawals, lost altcoins in a mysterious way, etc. I think I found all types of accusations possible.
I know that now I will hear the accusation about shady TOS regulations but all exchanges have such Terms of Service. Better or worse, they are hidden between complex industry specificities, to mislead users or put there in the hope, that they will not understand it completely or never read it in the first place. This Livecoin TOS are there from the very beginning and one has, to agree with them when signing up. In every wallet software where I have found and read the TOS, I have seen point stating "this is experimental software and the creators take no responsibility for losses which it could create" or something similar.
If you ask me "is Livecoin exchange safe to use?", I would answer: "just like any other not regulated exchange". If you ask me: "is Livecoin a scam?", I would answer: "just like any other not regulated exchange".
At the start of Bitcoin, there were only not regulated exchanges and Livecoin was one of them. So many are already dead but Livecoin is still operating and have thousands of happy clients every day.
One has to know how to stay safe on such not regulated exchange and I try to share this knowledge whenever I can on the forum. I create special threads and keep repeating that you can't hold coins there for 2 years and should always triple check everything. I think that this is exactly what we should do. Not to scare people off from an exchange because of this case, only educate them on how to stay safe there. If I am able to trade there, sometimes with significant amounts and stay safe, then everybody can. Or just use a regulated exchange, where you will be able to open a court case if something goes wrong. Don't use unregulated exchanges if you don't have enough knowledge about them or accept your losses. I always made an extended investigation, when I used any new regulated or not exchange and I am talking here about days of investigation, which ended always with multiple withdrawals, deposits, trades checks before I decided to trade there, with slightly higher amounts.
Despite flags and broken reputation, Livecoin granted OP access to his account and the possibility to withdraw coins so I wonder why the second flag?
The first flag was withdrawn because of mistake? Common another coincidence in this very suspicious case, which divided the community?
