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Author Topic: Elite coin another bittrex scam?  (Read 10543 times)
Hatch
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July 26, 2014, 02:44:06 AM
 #61

You can't blame bittrex. If they don't add the coins - mintpal/polo or some other exchange would anyway.

If you are unsure of a coin - get its source code and check it.

In this instance - it seems no one did:

Code:
>>  pindexBest->nHeight+1!=1

Was in the codebase plain to see.

Ummmm. What exactly does this...

Quote
>>  pindexBest->nHeight+1!=1

Do?
bit1
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July 26, 2014, 02:53:25 AM
 #62

In case of nuclearcoin dev lock source, it had miners working 2 days and never hit exchanges,maybe he used its hashrate to anothers purposes.....
besides lock thread and miners dont cant talk between them.
RUNNY
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July 26, 2014, 02:57:18 AM
 #63

I can't cancel my buy order.
Why?  Angry
bit1
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July 26, 2014, 02:57:52 AM
 #64

list continue MACD dev vanished,SPCC,Nebula,OHLC,maybe Lizarde
bit1
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July 26, 2014, 03:03:57 AM
 #65

If a dev release code before days the coin can be cloned quickly, but if doesn´t like a ninja launch, code cant be checked by coders how in this case,

so any solution?
MacHead2006
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July 26, 2014, 03:06:04 AM
 #66

Why I see some move orders while market is paused ?
I cant make new and cant cancel existed but SOMEone (Bittrex dev Huh) can.

I see no trade occure but anyway.
Tearscoin
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July 26, 2014, 03:06:35 AM
 #67

I don't think we should blame bittrex on this one!!!
i think most of coins on bittrex are shit coins and they just add coins freely and then remove them freely, this exchange is very irresponsible. They only cared for making money. avoid it.

Get Daily Free SignatureCoins. T2rouCWNBGVFpyxU7pyxKLP8Zmsu3CmGYE
doch
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July 26, 2014, 03:07:35 AM
 #68

Why I see some move orders while market is paused ?
I cant make new and cant cancel existed but SOMEone (Bittrex dev Huh) can.

I see no trade occure but anyway.

https://twitter.com/ramikawach/status/492865545989926912

The market's closed and open orders have been cancelled.
bit1
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July 26, 2014, 03:07:53 AM
 #69

Why I see some move orders while market is paused ?
I cant make new and cant cancel existed but SOMEone (Bittrex dev Huh) can.

I see no trade occure but anyway.

maybe is a bot
prix
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July 26, 2014, 03:08:21 AM
 #70

I read somewhere that bittrex makes verification code before adding coins. It is very bad that it is not.
It's very easy to find premine in this case: I have found it in 10 seconds (not counting the time to install and run the wallet). Bittrex could make such automated checks, but they don't want.

Code:
EQzNAEKb38qYndEzR5CUgPefnpUUu4vJ1R: 	20002.0
doch
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July 26, 2014, 03:11:53 AM
 #71

I don't think we should blame bittrex on this one!!!
i think most of coins on bittrex are shit coins and they just add coins freely and then remove them freely, this exchange is very irresponsible. They only cared for making money. avoid it.

This was one of the main reasons bittrex became popular in the first place. They added new coins that weren't on other exchanges, because that's what people wanted. Of course as soon as something like this happens it's obviously bittrex's fault and not the fault of people so desperate to get in on some shitty one time pump and dump coin that they can't even be bothered to look at a coin's source to see if something's wrong. If you lost money on this coin you have nobody to blame but yourself.
Tearscoin
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July 26, 2014, 03:12:19 AM
 #72

You can't blame bittrex. If they don't add the coins - mintpal/polo or some other exchange would anyway.

If you are unsure of a coin - get its source code and check it.

In this instance - it seems no one did:

Code:
>>  pindexBest->nHeight+1!=1

Was in the codebase plain to see.

Ummmm. What exactly does this...

Quote
>>  pindexBest->nHeight+1!=1

Do?

so you think these exchanges should exist? i don't think these exchanges are doing the right thing. add coins and remove coins freely need to resist

Get Daily Free SignatureCoins. T2rouCWNBGVFpyxU7pyxKLP8Zmsu3CmGYE
mikesrevenge
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July 26, 2014, 03:19:55 AM
 #73

Would an altcoin reputation system be useful?

Maybe have a procedure to earn reputation?
bit1
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July 26, 2014, 03:22:21 AM
 #74

Would an altcoin reputation system be useful?

Maybe have a procedure to earn reputation?

I think that yes, but it cost money maybe a couple of good coders checking codes before launch, miners,pools and exchanges could donate to make it possible..... maybe a part of premine or I do know
MacHead2006
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July 26, 2014, 03:23:56 AM
 #75

Market resumed.
Ah.... imposible
bit1
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July 26, 2014, 03:26:19 AM
 #76

Market resumed.
Ah.... imposible


coins appears in altcoincalendars many of them not all,  is a good place to detect scamcoins..... but it cost money,, they need support.....
lvyuan95
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July 26, 2014, 03:27:20 AM
 #77

I don't really think Bittrex is involving this, their platform is decent and they dont want to ruin their rep like this
shrekster
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July 26, 2014, 03:27:31 AM
 #78

I think bittrex should refund people a certain percentage. Yes you may say it is the users fault, but if bittrex wants to maintain and stop its decline they have to own up to this as well. People trust their exchange and like it or not,not everyone is a coder and is able  to point out faults and scams.  I think they should be closely monitoring coins as close as we are. They cant just keep adding coins and hope that it works out for the best.
bit1
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July 26, 2014, 03:29:28 AM
 #79

or what about of launch a couple of supercoins supported by all community,like to Bitcoins but with improvements and fair distribution?Huh   and shitcoins will be out of miners and exchanges........
MacHead2006
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July 26, 2014, 03:30:42 AM
 #80

I think bittrex must implement some anti-scam.
If price dumps 10x times its OK - its market.
But if SOME send 20K coins when only 4K+ exist its obv. SCAM.
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