Livecoin.net Scam

[wwzsocki]

It hasn't been removed: https://bitcointalk.org/index.php?action=trust;flag=308

OP explained already a few posts above this misunderstanding. Not the flag but support was mistakenly removed. Anyways thanks for the update.

...There was never a second flag...I removed the support of my flag...it was some kind of mistake...accidentally clicked to "cancel support", or something else, while studying the trust system...

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[Hueristic]

It hasn't been removed: https://bitcointalk.org/index.php?action=trust;flag=308

OP explained already a few posts above this misunderstanding. Not the flag but support was mistakenly removed. Anyways thanks for the update.

...There was never a second flag...I removed the support of my flag...it was some kind of mistake...accidentally clicked to "cancel support", or something else, while studying the trust system...

So its agreed that this exchange is not to be trusted yet your still shilling it?

[wwzsocki]

So its agreed that this exchange is not to be trusted yet your still shilling it?

No, we agreed that the flag was not removed only the support for it because of mistake. Has nothing to do if I believe Livecoinis a scam.

I have told already:

...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"...

Please read the thread before jumping into commenting.

Additionally, you are accusing me to be a shill of Livecoin which is in your opinion a scam. When I look at your signature I see that you are promoting Bitsler, so as always I made a very quick search on Google using the query: Bitsler + scam, look how many scam accusations against Bitssler I found only on half of the first page:

https://bitcointalk.org/index.php?topic=2180191.0  
https://www.youtube.com/watch?v=wUM1qlmns50
https://www.youtube.com/watch?v=Xb7qIgXIIm4
http://bittrust.org/bitsler
https://bitcointalk.org/index.php?topic=3262442.0
https://bitcointalk.org/index.php?topic=1582471.0
https://bitcointalk.org/index.php?topic=2353070.0

This is only a small part of scam accusations found immediately in the first couple of links. I don't know if they are legit or not, but this is the best example that one and very complicated support issue, like in Livecoin case is not enough to call it a scam and if yes it is enough then be honest and call all scammers by the name and stop promoting them.

Almost all that we are advertising here on Bitcointalk is not legal, half legal, registered in tax heavens, has no licenses, fake licenses in gambling heavens, there are multiple scam accusations against.

The only solution would be to stop all campaigns.

Do you really want that to happen?

[Hueristic]

So its agreed that this exchange is not to be trusted yet your still shilling it?

No, we agreed that the flag was not removed only the support for it because of mistake. Has nothing to do if I believe Livecoinis a scam.

I have told already:

...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"...

Please read the thread before jumping into commenting.

Additionally, you are accusing me to be a shill of Livecoin which is in your opinion a scam. When I look at your signature I see that you are promoting Bitsler, so as always I made a very quick search on Google using the query: Bitsler + scam, look how many scam accusations against Bitssler I found only on half of the first page:

https://bitcointalk.org/index.php?topic=2180191.0  
https://www.youtube.com/watch?v=wUM1qlmns50
https://www.youtube.com/watch?v=Xb7qIgXIIm4
http://bittrust.org/bitsler
https://bitcointalk.org/index.php?topic=3262442.0
https://bitcointalk.org/index.php?topic=1582471.0
https://bitcointalk.org/index.php?topic=2353070.0

This is only a small part of scam accusations found immediately in the first couple of links. I don't know if they are legit or not, but this is the best example that one and very complicated support issue, like in Livecoin case is not enough to call it a scam and if yes it is enough then be honest and call all scammers by the name and stop promoting them.

Almost all that we are advertising here on Bitcointalk is not legal, half legal, registered in tax heavens, has no licenses, fake licenses in gambling heavens, there are multiple scam accusations against.

The only solution would be to stop all campaigns.

Do you really want that to happen?

I've checked every Bitsler accusation and found none credible. I actually researched for 6 months (and didn't join any as they all were sketchy) before deciding this one was legit. If there is a scam flag opened and supported against it I will immediately remove my advertisement as my word means something.

Apparently yours doesn't.

[izooomrud]

Almost all that we are advertising here on Bitcointalk is not legal, half legal, registered in tax heavens, has no licenses, fake licenses in gambling heavens, there are multiple scam accusations against.

It seems like a pathetic attempt to help his reputation. Not a problem, you can wear any signature, this is your choice. But when I see your signature, you are the same scammer like livecoin to me and I will never deal with you

[Hueristic]

Almost all that we are advertising here on Bitcointalk is not legal, half legal, registered in tax heavens, has no licenses, fake licenses in gambling heavens, there are multiple scam accusations against.

It seems like a pathetic attempt to help his reputation. Not a problem, you can wear any signature, this is your choice. But when I see your signature, you are the same scammer like livecoin to me and I will never deal with you

If I wasn't out of merit i would merit this.


BTW just to help your English, when you say "his" you should use "Their".

[wwzsocki]

...you can wear any signature, this is your choice...

Of course, it is but thanks for reminding me about this.

...when I see your signature, you are the same scammer like livecoin to me and I will never deal with you...

What makes you think that I would ever deal with you in the first place? I have exactly the same fillings about you.

I am out of here.

[izooomrud]

What makes you think that I would ever deal with you in the first place? I have exactly the same fillings about you.

Of course, I have no doubt about it, because I criticize the scam on which you earn 
Come on, recently they have deceived even more people, after delisting Monero, and you can continue to advertise them further!

[StolenbyLivecoin]

OMG  They stole   my MONERO           When you delist a coin, you have to give them back to the owners.     They simply just took our XMR. 

They stole  more than 14,000 USD  from me.      I've captured images  a couple of days before they delist and took our XMR. 

Take a look at how the price of XMR dropped over the period of time.   Also,  take a look at the highlighted Amount of  982.32 XMR.

That is a huge number of XMR  registered to suck up all XMR  at an incredibly cheap price.     

We can all tell that  that attempt to buy XMR at such a low cost  was not a real person.  That is  Livecoin  trying to legally steal your coins. 

Then after delisting  XMR ,  they really  stole our coins  ILLEGALLY.

I asked for their street address and phone number/ CEO's information but they are not answering my tickets anymore.      How can they get away with this?   This is a big time theft!!   
Somebody need to file a lawsuit against them.   


https://imgur.com/IinHtYy


https://imgur.com/zCdGWmv

[Hueristic]

OMG  They stole   my MONERO           When you delist a coin, you have to give them back to the owners.     They simply just took our XMR. 

They stole  more than 14,000 USD  from me.      I've captured images  a couple of days before they delist and took our XMR. 

Take a look at how the price of XMR dropped over the period of time.   Also,  take a look at the highlighted Amount of  982.32 XMR.

That is a huge number of XMR  registered to suck up all XMR  at an incredibly cheap price.     

We can all tell that  that attempt to buy XMR at such a low cost  was not a real person.  That is  Livecoin  trying to legally steal your coins. 

Then after delisting  XMR ,  they really  stole our coins  ILLEGALLY.

I asked for their street address and phone number/ CEO's information but they are not answering my tickets anymore.      How can they get away with this?   This is a big time theft!!   
Somebody need to file a lawsuit against them.   

You should start a different scam thread and add another Scammer tag ion their 2 accounts. The more the better as they have been trying to get the scammer tag removed and are still paying people to advertise here. Add all the proof you have in that thread as well as you have added no ac tual proof in this post. Even though it is painfully obvious they are theifs.

[nutildah]

Even though it is painfully obvious they are theifs.

They were taken advantage of thanks to an exploit in Monero's code, which was patched shortly afterward:

https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/

https://thenextweb.com/hardfork/2018/08/02/monero-bugs-patched/

They are not thieves. They had their Monero stolen, and socialized the losses by attempting to do a buyback of outstanding XMR before the final delisting.

Yes, of course ideally they should have credited all their customers with the missing XMR, but they felt the problem wasn't their fault, and was the fault of the Monero devs. Not saying I'm agreeing with the way they went about things, but they are not "thieves."

[Hueristic]

Even though it is painfully obvious they are theifs.

They were taken advantage of thanks to an exploit in Monero's code, which was patched shortly afterward:

https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/

https://thenextweb.com/hardfork/2018/08/02/monero-bugs-patched/

They are not thieves. They had their Monero stolen, and socialized the losses by attempting to do a buyback of outstanding XMR before the final delisting.

Yes, of course ideally they should have credited all their customers with the missing XMR, but they felt the problem wasn't their fault, and was the fault of the Monero devs. Not saying I'm agreeing with the way they went about things, but they are not "thieves."

If they had posted that they were going to take this action and then people complained i would say they were justified.

But they continued to allow deposits without means to withdraw which only allowed people to dump at that low price which makes them thiefs.

Its pretty cut and dry.

[StolenbyLivecoin]

When they found out about the  XMR coin duplication bug, they should've shut down the   XMR exchange from their website. 

They continued to allow people to trade  Monero (xmr) with BTC, USD   but didn't allow  XMR withdrawl. 


Once people realized that  livecoin.net wasn't going to resolve this issue and bring the wallet back online,  people had to convert their XMR  into BTC or USD   for  20~90%  cheaper  than what they were worth at the time.   So people continued to wait because they couldn't just lose 20 ~90% of their money for no reason.   

The we waited, the conversion rate become more ridiculous.      They had intentions to steal our XMR  and  they ended up stealing our assets.


T H I E F S !!!!!!


Where are they located? what is their address and phone number?   I asked for these information but Livecoin.net  refused to answer my  questions. 


Does anybody know about their information?  Please start a lawsuit and I will join you.

[nutildah]

But they continued to allow deposits without means to withdraw which only allowed people to dump at that low price which makes them thiefs.

They didn't though... Same thing with MONA. They shut down deposits and withdrawals after they got hacked.

https://monero.stackexchange.com/questions/11240/monero-wallet-in-livecoin-net

When they found out about the  XMR coin duplication bug, they should've shut down the   XMR exchange from their website. 

They continued to allow people to trade  Monero (xmr) with BTC, USD   but didn't allow  XMR withdrawl. 

They were hoping for compensation from the Monero devs, which never came. That's why they left trading open. Not necessarily the best plan, but that's what happened.

The we waited, the conversion rate become more ridiculous.      They had intentions to steal our XMR  and  they ended up stealing our assets.

How could they steal something that was already stolen?

[izooomrud]

How could they steal something that was already stolen?

Ahahahaha.....crazy scam defender like his friend Vadi2323 - troll from Livecoin  

Believing that the sale of something that does not exist is not theft

They so actively trying to protect scammers that it is already getting ridiculous

[OcTradism]

How exchanges are called as scam if they delisted coins with announcements on their website, and allowable time to withdraw for their users (with Livecoin, and recently Monero delist)?

What will happen if exchanges announce to delist one coin next one or two weeks, and immediately disable trading on their exchanges after announcement? You pop-up and call them as scam, right?

They allow time to withdraw coming delisted coins. You still pop-up and call them as scam, right?

You should create and operate your own exchange, and do anything that satisfies you.

[izooomrud]

How exchanges are called as scam if they delisted coins with announcements on their website, and allowable time to withdraw for their users (with Livecoin, and recently Monero delist)?

Why don’t you say that before excluding this they held tradings more than one year for an unsecured asset in violation of the user agreement?
Are you sure that they gave the possibility of a withdrawal? 

[nutildah]

How could they steal something that was already stolen?

Ahahahaha.....crazy scam defender like his friend Vadi2323 - troll from Livecoin  

Believing that the sale of something that does not exist is not theft

They so actively trying to protect scammers that it is already getting ridiculous

You know full well what was happening with your MONA, as it was the same thing that happened to XMR. And you rode it into the ground. That was stupid. Nobody can help you now.

[izooomrud]

How could they steal something that was already stolen?

Ahahahaha.....crazy scam defender like his friend Vadi2323 - troll from Livecoin  

Believing that the sale of something that does not exist is not theft

They so actively trying to protect scammers that it is already getting ridiculous

You know full well what was happening with your MONA, as it was the same thing that happened to XMR. And you rode it into the ground. That was stupid. Nobody can help you now.

I would never ask you for help - scam defender 

[Hueristic]

But they continued to allow deposits without means to withdraw which only allowed people to dump at that low price which makes them thiefs.

They didn't though... Same thing with MONA. They shut down deposits and withdrawals after they got hacked.

https://monero.stackexchange.com/questions/11240/monero-wallet-in-livecoin-net

What? They were hacked July 20, 2018.

https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/

They didn't disable deposits (you can't the address cannot be shut down!) at all just withdrawals and the link you posted to was posted 3 months ago.

They were hoping for compensation from the Monero devs, which never came. That's why they left trading open. Not necessarily the best plan, but that's what happened.

Who cares what they were hoping for, they were stealing all deposits and anything that did not get hacked.

And pray tell how are the devs going to pay an exchange on a non premined coin?

Exchanges take the risk when they list and thats why they keep the profit, asking Devs to cover losses is ridiculous. I can see how pre-mined scam coins would just to keep the P&D going but can you imagine them asking Bitcoin Devs to replace stolen Bitcoins and to keep allowing deposits and closing withdrawals!

How could they steal something that was already stolen?

They stole all that wasn't hacked away and was deposited since the hack by forcing people to dump them because they could not withdraw them.

What they should have done is gone to the Monero community and asked for help, trying to exhort monero Devs for coins they don't have just shows their incompetence as well as their ignorance of the asset they were using to profit from.

And I haven't even mentioned the fact they are anon russians that tried to make it look like they were an american based company to start with.


I understand you feel you must defend these crooks because you were advertising for them but we all make mistakes. Stop trying to defend them, your hurting your name more by defending them then you ever did by advertising them.