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Author Topic: Elite coin another bittrex scam?  (Read 10543 times)
Rage19420
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July 27, 2014, 05:03:30 PM
 #201

This thread is like walking into a daycare screaming wet diapered kiddies.

Bluestreet
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July 27, 2014, 05:06:17 PM
 #202


elitecoin added the hidden premine when they did a wallet upgrade.

there was no way to research this.

the only way to protect yourself is so not buy new coins.

frankly i personally will never buy a new altcoin again.

i think the whole gay 'going to da moon' shit is annoying and the tiny little pumps are embarasssing.

i made a mistake buying elitecoin and i lost all my money.

that said i clearly am not 100% responsible. the scammer is reponsible and so is the exchange.

since the exchange wont do anything i am boycotting their asses and warning others to do the same.

there are plenty of other people who feel the exact way after weeks of scams. bittrex has done a pretty good job of hiding the fact they have a $1500 listing fee. if true they are digging a hole deeper and deeper and they will soon be buried in it.

the only ones who respect their current business models are scammers.


Before I invested in my first alt besides btc and ltc I was happy, then I tried the 1st alt that looked decent with a decent name which was iCoin, dev ended up being scammer in the end but it had a good community.
I looked at a lot of other coins to this point and I think Blackcoin will be ok and maybe DRK but the rest really have no future.

Then I stumbled upon a little gem recently called Guldencoin and will be the last alt I invest in if this one turns out bad... but so far they keep delivering without hype, without PnD , with a independent team that have been on the news last week and say who they are. Watch this one in a year from now. For all those that have been burnt this is the coin that will redeem ur faith (hopefully)
madbit1000
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July 28, 2014, 05:40:42 PM
 #203

SCAMCOIN DO NOT TRADE

You should not buy a warrant unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges
karmala
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July 28, 2014, 07:19:21 PM
 #204

Guys it is unfair to blame Bittrex or any other exchange that adds a coin. The answer is sometimes right in front of you by applying good common sense and looking at the risk indicators. By looking at a few things you can make a call on the residual risk of a coin based on risk factors and then see how that fits into your risk appetite. You can then either stay away or risk it all and the alt-coin exchanges currently just provide a vehicle to cater for the whole of the spectrum of risk appetite.

In the absence of regulation in alt coins (self or otherwise) you can do certain basic things to protect yourself: Elite was high risk based on such an assessment, refer here https://bitcointalk.org/index.php?topic=702757.msg7974656#msg7974656

which new X11 scam coin released past week was low risk???  Grin Grin Grin

I think the eco system will change to a reputation based new coin release, someone will have to come out and said I was this successful coin dev, and I am making a new one for people to mine.
But there are too much spare X11 hash power out there, look, someone still throwing 2G hash at LTCX, a coin long dead.



Hi, if you guys are looking for an established coin for X11 mining have a look at Karma https://bitcointalk.org/index.php?topic=579973.0
Established since February or even January? (haha sounds silly but this quite old nowadays) Main info site http://karmawire.net/
and forum http://karmashares.com/forums/index.php

Karma addresses the lack of morality and integrity. Check it out for yourself. We will hard fork to x11 in a few days

Telgram messenger with attention economy http://r.getgems.org/m/TuJXXBal9o
neleonele
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July 28, 2014, 08:31:49 PM
 #205

Important Thread:

https://bitcointalk.org/index.php?topic=711535.0

EDIT: (dont know why the mods moved my thread and leave this one untouched... )



Great post,thanks!!!










Monopoly
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July 28, 2014, 08:36:55 PM
 #206

sorry good devs Im not mining anymore to newbies devs.......    everybody must be same thing

my new rule will be: launched coin by newbie equal to scam..... not mining

This rule help me today to avoid scam...... pls see this https://bitcointalk.org/index.php?topic=708717.0, is very easy detect scam now you only
see altcoincalendar........


it is happens again and again, I tell you newbies accounts are being used for same devs..... alert  

warning: Today Saturday in total will be launched 3 coins all are scam keep out, they are Fuse,Prisma and USB coin alert to everybody,,,,  they
will be launched by newbies account
,  dont buy it coins,  

Did you understand this issue alone  ?
Dimitry
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July 28, 2014, 08:41:11 PM
 #207

I broke my own rules on this one and lost all. My whole wallet was into this coin.

putting my whole wallet into it was my own fault, first time I did it and getting burned right away, feels very bad I can tell you. I will not be able to trade for a long time. " sad face"

But as much as it is my own fault I really keep bittrex accountable for it also!

Not 2 days after this has happend they adding new coins that turn out to be scams also!

I really hope the crypto community is gonna stand up against Bittrex and work against them!

There should be a constructive way to put them out of the market! If someone has ideas how to do so I"m all ears and willing to participate in it!
g00gsy
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July 28, 2014, 10:59:39 PM
 #208

so what better exchange is there ? none ? theyre all crap eh!

i had thought bittrex was the best of the bunch, but 2 days ago, i bought a sell order, and bittrexs trade history showed almost exactly half of it as a buy order and the other half as a sell order... misreporting the trade that had happened, to what i end i dont know, nor care anymore

AllCrypt is some jerk off kids fee gathering exercise, he abuses the traders and dont care about what his customers want

Mintpal is full of bots screwing prices left right n centre

bter is slow as a wet week

poloniex seems ok, just doesnt have the volume bittrex does
(and i havent seen them do dodgy yet)

any1 can suggest a better place to trade ?
slabhatnik
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July 28, 2014, 11:49:45 PM
 #209

so what better exchange is there ? none ? theyre all crap eh!

i had thought bittrex was the best of the bunch, but 2 days ago, i bought a sell order, and bittrexs trade history showed almost exactly half of it as a buy order and the other half as a sell order... misreporting the trade that had happened, to what i end i dont know, nor care anymore

AllCrypt is some jerk off kids fee gathering exercise, he abuses the traders and dont care about what his customers want

Mintpal is full of bots screwing prices left right n centre

bter is slow as a wet week

poloniex seems ok, just doesnt have the volume bittrex does
(and i havent seen them do dodgy yet)

any1 can suggest a better place to trade ?

Poloniex.  Build the volume. 
MinerMario
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July 29, 2014, 12:57:57 AM
 #210

so what better exchange is there ? none ? theyre all crap eh!

i had thought bittrex was the best of the bunch, but 2 days ago, i bought a sell order, and bittrexs trade history showed almost exactly half of it as a buy order and the other half as a sell order... misreporting the trade that had happened, to what i end i dont know, nor care anymore

AllCrypt is some jerk off kids fee gathering exercise, he abuses the traders and dont care about what his customers want

Mintpal is full of bots screwing prices left right n centre

bter is slow as a wet week

poloniex seems ok, just doesnt have the volume bittrex does
(and i havent seen them do dodgy yet)

any1 can suggest a better place to trade ?

And don't forget Crypsty, I used to hate that damn place but they have gone total legit. Full licenses from the G-Men, the works. You can even trade Fiat-BTC there now. The volume is shit, so the bots will really annoy you, but if you move your trading out of ScamTrix to other exchanges obviously the volume picks up. And I am guessing they will not be risking their licenses or their own asses by scamming 5 days a week like ScamTrix. 

Shitcoins are never "undervalued"
Dimitry
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July 29, 2014, 08:35:55 AM
 #211

so what better exchange is there ? none ? theyre all crap eh!

i had thought bittrex was the best of the bunch, but 2 days ago, i bought a sell order, and bittrexs trade history showed almost exactly half of it as a buy order and the other half as a sell order... misreporting the trade that had happened, to what i end i dont know, nor care anymore

AllCrypt is some jerk off kids fee gathering exercise, he abuses the traders and dont care about what his customers want

Mintpal is full of bots screwing prices left right n centre

bter is slow as a wet week

poloniex seems ok, just doesnt have the volume bittrex does
(and i havent seen them do dodgy yet)

any1 can suggest a better place to trade ?

And don't forget Crypsty, I used to hate that damn place but they have gone total legit. Full licenses from the G-Men, the works. You can even trade Fiat-BTC there now. The volume is shit, so the bots will really annoy you, but if you move your trading out of ScamTrix to other exchanges obviously the volume picks up. And I am guessing they will not be risking their licenses or their own asses by scamming 5 days a week like ScamTrix. 

Cryptsy is now by far the best exchange! Bittrex is miles behind and will never come close!

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July 29, 2014, 02:40:06 PM
 #212

so what better exchange is there ? none ? theyre all crap eh!

i had thought bittrex was the best of the bunch, but 2 days ago, i bought a sell order, and bittrexs trade history showed almost exactly half of it as a buy order and the other half as a sell order... misreporting the trade that had happened, to what i end i dont know, nor care anymore

AllCrypt is some jerk off kids fee gathering exercise, he abuses the traders and dont care about what his customers want

Mintpal is full of bots screwing prices left right n centre

bter is slow as a wet week

poloniex seems ok, just doesnt have the volume bittrex does
(and i havent seen them do dodgy yet)

any1 can suggest a better place to trade ?

And don't forget Crypsty, I used to hate that damn place but they have gone total legit. Full licenses from the G-Men, the works. You can even trade Fiat-BTC there now. The volume is shit, so the bots will really annoy you, but if you move your trading out of ScamTrix to other exchanges obviously the volume picks up. And I am guessing they will not be risking their licenses or their own asses by scamming 5 days a week like ScamTrix. 

Cryptsy is now by far the best exchange! Bittrex is miles behind and will never come close!



I like Cryptsy, but I stayed away in protest for five months after they lost my coins.
The lack of professionalism and courtesy shown towards me by Cryptsy's staff on this board recently has also turned me off the exchange.

cassius69
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July 29, 2014, 02:43:13 PM
 #213

these exchanges are mickey mouse operations.

just avoid putting any real money on them.

stay the fuck away from new coins esp. 24 hour pow and ico.

let the markets adjust.

no one can afford to lose 100% of a trade. this shit happened 5 times in recent memory.

enough is enough.

kn7777777
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August 03, 2014, 08:42:11 PM
 #214

This is real ELITE shit. I can't understand why people still buy this shit at the exchanges
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