Livecoin.net Scam

[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

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.

You can't "disable deposits," but you can remove the option to display a deposit address, which is what they did within a day of the hacking. This is what Livecoin had to say about the issue; whether or not you want to believe them is up to you:

On July 24, 2018, the new version of the node was released, but the update wasn’t critical, it was a routine, even though the vulnerability was critical. We updated the node within 2 days after the update had been released, which is a standard procedure of our operating with nodes.

After the node update, the amounts of previous incoming transactions changed - they decreased. On the same day, we tried to contact the Monero developers and disabled both the deposit and withdrawal. However, in course of our communication, the developers refused to pay damages caused by their actions, namely, the non-notification of the vulnerability in the Monero code, of which the developers were well aware long before the attacks on the exchanges, as well as the absence of news about the vulnerability in the official Monero information channels, and also the insider operations or inaction towards the critical vulnerability.

Edit: On second thought, doesn't it require some sort of special memo in order to be credited with an XMR transaction on an exchange? Why would somebody deposit XMR to an exchange address without having the Payment ID, or even being able to enter the Payment ID anywhere?

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 evidence you have that they received a single XMR after the hack? (which wasn't even really a "hack" BTW but more of a successful exploit of a Monero code vulnerability)

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.

You're not thinking critically here. I am only defending them against untrue statements. Since the very beginning of my posting in this thread I said I didn't agree with the way the were going about things. Do you see me wearing the Livecoin signature now?

I tried hard to act as an intermediary between the forum and the exchange, to smooth things over, and probably am at least partly responsible for getting them to allow the OP to withdraw his BTC. He should probably be kissing my ass.

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[Hueristic]

I tried hard to act as an intermediary between the forum and the exchange, to smooth things over, and probably am at least partly responsible for getting them to allow the OP to withdraw his BTC. He should probably be kissing my ass.

This we can agree on and i'll go as far as to say without you he definitely would not have seen a cent. I'm not going to continue to argue as I don't get anything from it and my time is too valuable for me to waste it on this. I'd rather spend it linking memes.

I wish the others would follow your example and lose the Sig. It really shows who they are by still wearing it and even worse those that added it after this.

[Vadi2323]

Curious behavior of user suchmoon.

This person knows the Russian language perfectly, reads the Russian board, and initially knew that izooomrud was repulsed in all Russian topics in which he wrote his claims before he came here.

However, there suchmoon did not manifest itself at all. After the publication of this topic in the English board on June 28, having waited and making sure that the izooomrud's lie met approval here, he immediately began distributing merits in Russian themes to multi-account trolls, put me on the distrust list and wrote a post in support of izooomrud on July 03:

You have no right to keep the funds regardless of what "information" the customer published. You can terminate your service to the customer if they violated the user agreement but you need to return their money.

Such slippery suchmoon!

[suchmoon]

Curious behavior of user suchmoon.

This person knows the Russian language perfectly, reads the Russian board, and initially knew that izooomrud was repulsed in all Russian topics in which he wrote his claims before he came here.

Are you seriously implying that I read every post on the Russian board? I'm lucky to have time the get through new posts in a handful of threads I subscribe to.

You have no right to keep the funds regardless of what "information" the customer published. You can terminate your service to the customer if they violated the user agreement but you need to return their money.

The response you're quoting is to Livecoin (not izoomwhatshisname) and refers to their idiotic, scammy, and likely illegal policy of confiscating funds for some nebulous TOS violation. That's something I'm against regardless of the national origin or the type (exchange, casino, whathaveyou) of the service in question. I think the izoomperson is a troll and I said so on more than one occasion but that obviously doesn't fit your narrative. Also: being a troll doesn't make it right to steal from him.

Such slippery suchmoon!

Yep, I use WD40 as deodorant.

[malevolent]

Curious behavior of user suchmoon.

This person knows the Russian language perfectly, reads the Russian board, and initially knew that izooomrud was repulsed in all Russian topics in which he wrote his claims before he came here.

So what that he was 'repulsed' by Livecoin shills? And it's not even like Livecoin had unanimous support even on their linguistic turf from my brief perusing of one major topic there.

izooomrud came here because he got scammed and saw no other recourse, since he got at least a portion of his money back and was able to warn people about the practices of this wannabe-exchange, it turned out to be a wise idea.

[izooomrud]

izooomrud was repulsed in all Russian topics in which he wrote his claims before he came here.

Was disproved only by the same corrupt trolls from livecoin like you, all other adequate people from russian branch supported me and my flag!

You never answered and you will never be able to answer for your words and utterances, moron, anyone can check this by reading the Russian section where you blame a person and then do not give proofs.

Your place in a garbage, along with livecoin and other scammers defenders.

The idiot cannot calm down after exposing the scammers whom he defended  

I think the izoomperson is a troll and I said so on more than one occasion but that obviously doesn't fit your narrative. Also: being a troll doesn't make it right to steal from him.

When a person tries to get his money back using publicity, is he a troll? Are you out of your mind?!

[Vadi2323]

The short history of izooomrud's nice try on the Russian board.

izooomrud bought a shitcoin, without checking if the wallet was disconnected on the exchange and without having previously studied this shitcoin. After a drawdown, izooomrud  decided to rush onto the exchange in order to get out of the situation without losses (or even with profit? - I don’t remember already).

In prosess of the negotiations the exchange offered him some compensation until he brought the story out, but he was only happy with the unconditional opening of withdrawal for the shitcoin, what hints:

The crook wants by any ways to open the withdrawal of MONA. As a version: during the attack, the glass was empty and they sold fake MONA to themselves. Therefore, in order to open the withdrawal (the exchange will have to open the withdrawal not only for him, others will also want to withdraw) - the exchange will have to buy this shit on Bittrex. If there is a "development team" involved, then they will slam two birds with one stone - they will withdraw stolen and they will lift the course at someone else’s expense.

The professional works

In the process, he made "strong" arguments that if they did not agree to his terms, he would begin to denigrate the exchange on the forums and the exchange would lose customers because of this.

After izooomrud failed with the ru-community he came to the English board where, taking into account his mistakes in the ru-section, he composed a more improved story.

[izooomrud]

In prosess of the negotiations the exchange offered him some compensation until he brought the story out, but he was only happy with the unconditional opening of withdrawal for the shitcoin, what hints:

LOL, show me the proofs that they were offering me something, liar. What your crazy head came up with is not proofs

In the process, he made "strong" arguments that if they did not agree to his terms, he would begin to denigrate the exchange on the forums and the exchange would lose customers because of this.

Prove it, cretin, i am 100% sure that you can not

After izooomrud failed with the ru-community he came to the English board where, taking into account his mistakes in the ru-section, he composed a more improved story.

You and a couple other of trolls from livecoin it's are not a community, stop flattering yourself  

And who is interested to know the whole history of this famous defender of scammers such as livecoin and yobit and what he does in order to help them you can read here

The crook wants by any ways to open the withdrawal of MONA. As a version: during the attack, the glass was empty and they sold fake MONA to themselves. Therefore, in order to open the withdrawal (the exchange will have to open the withdrawal not only for him, others will also want to withdraw) - the exchange will have to buy this shit on Bittrex. If there is a "development team" involved, then they will slam two birds with one stone - they will withdraw stolen and they will lift the course at someone else’s expense.

The professional works

it has already been discussed

I NEVER asked to open deposit/withdrawal opportunity, I only asked to RETURN my funds and nothing else. I was afraid that they would only give me back my BTC (which were being held to put pressure on me) and my MONA coins would not be returned or returned of their current market value to BTC. But no matter how much you call Mona a “shit coin”, it ranks TOP 70 Coinmarketcap with a capitalization of more than $ 100 million! Therefore, I want the exchange to return my Mona coins, so I could continue to hold them until they reach the price level at which I bought those coins, and I am sure they will reach that price again.
If you really want to know, I certainly would agree if they give me back the BTC that I spent on buying Mona! If I initially stated that I want compensation in BTC, then I would have heard 10 times more insults in my address than I had already heard. They would certainly begin to speak in their accusations; “Hey, look, it's just a loser-trader who has lost profit and is now trying to recover what he has lost!” Therefore, I consider it fair if they just return my Mona coins and I will continue to hold them. It does not matter how they will return them to me, by opening a deposit/withdrawal option or from any other wallet. I repeat once again that I would agree to compensation in BTC, or any other cryptocurrency in the amount corresponding to the value of 0.30 BTC at this moment.

but it doesn’t matter to you since your job is to repeat all the time like a parrot again and again - "livecoin is good, user is bad".

You and people like you a disgrace to the Russian locale, you don’t do anything useful, but you just shit everywhere, I wonder how you haven’t been banned yet.

[blurryeyed]

Can't believe this scam exchange is still operational.

[fratoshi]

Can't believe this scam exchange is still operational.

I have added Livecoin to my list of scams on my signature.
RED VELVET INVESTMENTS LTD need to stop scamming

[OcTradism]

It is a big fun to see the Poloniex in your list of scam exchanges. Poloniex is at the 11th position as ranked by liquidity from https://coinmarketcap.com/rankings/exchanges/liquidity/. Well done.

[Hueristic]

It is a big fun to see the Poloniex in your list of scam exchanges. Poloniex is at the 11th position as ranked by liquidity from https://coinmarketcap.com/rankings/exchanges/liquidity/. Well done.

Poloniex has been a scam since Goldman Ballsackes (aka Circle) acquired them.

[fratoshi]

They moved to the Seychelles (Africa), many other scam exchanges are based there, like Fedlio, basically no regulations, no law, no government, no nothing.

Livecoin is based on Belize, another shady country

[blurryeyed]

It is a big fun to see the Poloniex in your list of scam exchanges. Poloniex is at the 11th position as ranked by liquidity from https://coinmarketcap.com/rankings/exchanges/liquidity/. Well done.

Poloniex has been a scam since Goldman Ballsackes (aka Circle) acquired them.

Indeed, anything involving Goldman Sachs is corrupt. However, The scam exchange Poloniex have recently separated from them (Circle/GS) & are now calling themselves Polo Digital Assets Ltd, also now based in Seychelles - F20, 1st Floor, Eden Plaza Eden Island to be exact. They are also stating that they are now backed by "an Asian investment company" - I've not bothered digging to find out which one, but for sure we can expect more scammy behavior from Poloniex in the near future.

Edit: As for CMC - they have been an ongoing scam promotion platform for years now & should never be used as a reference - all their figures are proven to be false.

[coupable]

User LiveCoin manager just updated the signature campaign thread announcing 25 open slots to join the campaign. He also locked the topic and require apply via pm : https://bitcointalk.org/index.php?topic=5166711.msg55283623#msg55283623

I expect many users have no worries to promote livecoin scam in their signature .

[notblox1]

Livecoin scam campaign is back and they only accept PM applications.

Everyone who joins campaign should think twice before they join because there is high risk of receiving negative feedback.

[sujonali1819]

I don't think anyone will join this campaign who has a little sense of what is a red tag. So I think they should change a rule that they are accepting negative feedback users also.  
But I am thinking about some greedy people. Because according to the Livecoin sig campaign user can make up to 50 posts. So a user can earn more than 100 dollars per week. Maybe we are going to see some inactive accounts come back to join this campaign.

[gor76]

I had an issue in the past with Livecoin suspended my account at the time there was only around 30$ in ETH for no reason, I contacted support and they did not respond. I do not recommend using this livecoin service besides there are a lot of fake icon or airdrop.

[ShowOff]

User LiveCoin manager just updated the signature campaign thread announcing 25 open slots to join the campaign. He also locked the topic and require apply via pm : https://bitcointalk.org/index.php?topic=5166711.msg55283623#msg55283623

I expect many users have no worries to promote livecoin scam in their signature .

Yaps, that almost made me apply for a place there. But after opening the trust view they received, I canceled my intention to join. I knew beforehand that they had been accused of fraud and as soon as the slot were opened I thought everything had been settled. But in fact it is still in the same condition. Avoid this campaign for account cleanliness of red trust feedback.

Maybe we are going to see some inactive accounts come back to join this campaign.

If the problem is not resolved, anyone who applies for and promotes the campaign will only destroy their account with a red tag.

[$crypto$]

Everyone who joins campaign should think twice before they join because there is high risk of receiving negative feedback.

It's terrible if anyone really joins the LiveCoin campaign. The red mark from DT will continue to haunt you. I think we have to stay away from the campaign to avoid unwanted things.