Clyze
Full Member
 Offline
Activity: 177
Merit: 100
Invest in your future.
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November 04, 2014, 05:47:31 PM |
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Great! Thanks for the suggestion. Will look into it. Cheers, Clyze |
Invest in your future.
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unusualfacts30
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November 04, 2014, 05:49:48 PM |
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You were supposed to do your own research. Bittrex's terms were completed. If an exchange is holding an ICO for a scammer..it's their fault. Once Fincen kicks in..it'll all be taken care of. Regulation is another thing that would help keep people away from scammers like these. it wasn't a scam until btc was sent, how could bittrex have known it was a scam. if those that knew it was a scam why invest in the ico the only blame you can put is on the dev Right but that means Exchange isn't taking enough interest in whether the Dev is legit or not. For example..do they have ID proof of the dev, do they have residential address, did they have video chat to make sure he is who he says he is...what happens when dev run away with the money? How do you protect investors from scammers like him? It's not the law that's why it's not being done. It's ruining crypto. |
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Danz0r77
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November 04, 2014, 05:50:19 PM |
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You were supposed to do your own research. Bittrex's terms were completed. If an exchange is holding an ICO for a scammer..it's their fault. Once Fincen kicks in..it'll all be taken care of. Regulation is another thing that would help keep people away from scammers like these. I was never a big fan of regulation but that needs to be done on all exchanges. Video chat/ID proof/ Residential address/ Previous history etc..all needs to be there for every single developer on each exchange. This EQX dev must be running around in happiness but he doesn't realize that his 66 btc won't last for lifetime and once Fincen kicks in..he will have hard time making any money at all. This whole Bitcoin/altcoin thing is an experiment. Can decentralized, trustless and unregulated currencies work in our society? The answer so far is an emphatic no. More and more people are asking for regulation. These people need to decide what they want. If you want regulation stop using crypto - go back to fiat. If you want an unregulated currency with anonymity and everything else that comes with it then either: a) stop investing in shit or b) get used to losing your money You can't have it both ways! People need to stop investing in ICOs immediately and a big part of this problem will disappear instantly. |
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atrostophe
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November 04, 2014, 05:51:00 PM |
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Hi, guys. How are you?  #rekreace  No doubt this is a scam, but the face in this picture is pasted in another pic. Just look at the chin ... looks like doublechin , the person on the frontpage absolutly has no doublechin. exactly, i said it was photoshopped earlier |
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DiabolusLoki
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November 04, 2014, 05:52:48 PM |
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You were supposed to do your own research. Bittrex's terms were completed. If an exchange is holding an ICO for a scammer..it's their fault. Once Fincen kicks in..it'll all be taken care of. Regulation is another thing that would help keep people away from scammers like these. I was never a big fan of regulation but that needs to be done on all exchanges. Video chat/ID proof/ Residential address/ Previous history etc..all needs to be there for every single developer on each exchange. This EQX dev must be running around in happiness but he doesn't realize that his 66 btc won't last for lifetime and once Fincen kicks in..he will have hard time making any money at all. This whole Bitcoin/altcoin thing is an experiment. Can decentralized, trustless and unregulated currencies work in our society? The answer so far is an emphatic no. More and more people are asking for regulation. These people need to decide what they want. If you want regulation stop using crypto - go back to fiat. If you want an unregulated currency with anonymity and everything else that comes with it then either: a) stop investing in shit or b) get used to losing your money You can't have it both ways! People need to stop investing in ICOs immediately and a big part of this problem will disappear instantly. Exactly, not sure why you people are all here if it's regulation that you want. Please fuck off to wherever you came from before you heard of the BTC train. I invested in this shit just the same, but felt the scam coming and still got out with a nice profit (though not as much as I was hoping for) |
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mxhwr
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November 04, 2014, 05:53:59 PM |
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You were supposed to do your own research. Bittrex's terms were completed. If an exchange is holding an ICO for a scammer..it's their fault. Once Fincen kicks in..it'll all be taken care of. Regulation is another thing that would help keep people away from scammers like these. it wasn't a scam until btc was sent, how could bittrex have known it was a scam. if those that knew it was a scam why invest in the ico the only blame you can put is on the dev Right but that means Exchange isn't taking enough interest in whether the Dev is legit or not. For example..do they have ID proof of the dev, do they have residential address, did they have video chat to make sure he is who he says he is...what happens when dev run away with the money? How do you protect investors from scammers like him? It's not the law that's why it's not being done. It's ruining crypto. coinsource did all that, if dev did not provide those info then no one should have invested. today POD has been let down too. the only i thing i find stupid is what is the point of coinsource getting the id of the developer when they will not share it in a event of a scam, because they say if anything happens to him they would be liable. again bittrex is not to blame, if they knew it was a scam they would never had added it. coinsource did verification they should release the details so the investors who invested can put a bounty on his head. somone should make bounty coin for thieves |
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Varix
Newbie
Offline
Activity: 50
Merit: 0
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November 04, 2014, 05:54:14 PM |
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THIS IS THE BEST THREAD EVER!!!! I am laughing my ass off!!  |
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mxhwr
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November 04, 2014, 05:55:25 PM |
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You were supposed to do your own research. Bittrex's terms were completed. If an exchange is holding an ICO for a scammer..it's their fault. Once Fincen kicks in..it'll all be taken care of. Regulation is another thing that would help keep people away from scammers like these. I was never a big fan of regulation but that needs to be done on all exchanges. Video chat/ID proof/ Residential address/ Previous history etc..all needs to be there for every single developer on each exchange. This EQX dev must be running around in happiness but he doesn't realize that his 66 btc won't last for lifetime and once Fincen kicks in..he will have hard time making any money at all. This whole Bitcoin/altcoin thing is an experiment. Can decentralized, trustless and unregulated currencies work in our society? The answer so far is an emphatic no. More and more people are asking for regulation. These people need to decide what they want. If you want regulation stop using crypto - go back to fiat. If you want an unregulated currency with anonymity and everything else that comes with it then either: a) stop investing in shit or b) get used to losing your money You can't have it both ways! People need to stop investing in ICOs immediately and a big part of this problem will disappear instantly. Exactly, not sure why you people are all here if it's regulation that you want. Please fuck off to wherever you came from before you heard of the BTC train. I invested in this shit just the same, but felt the scam coming and still got out with a nice profit (though not as much as I was hoping for) exactly i dont want regulation the biggest scam is us people paying our tax to governments, its our job to look out for scams. the bitter truth is dont invest in ICO. only invest in ICO that has already produced the tech |
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JakeThePanda
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November 04, 2014, 05:55:35 PM |
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and it turned out to be a scam.  Really? Get out of here, I don't believe it.  |
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tempus
Legendary
Offline
Activity: 1960
Merit: 1128
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November 04, 2014, 05:55:50 PM |
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Great! Thanks for the suggestion. Will look into it. Cheers, Clyze More Infos here: https://bitcointalk.org/index.php?topic=835131.0Neos is the exact opposite to all the hypes and scams. But still undervalued because too much money is in Hypes and Scams. ;-) |
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mxhwr
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November 04, 2014, 05:56:16 PM |
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what i found funny is how the dev taunted the investors, has to be the funniest scam ever. if im not wrong wasn't this the second IPO. the first ipo only raised a few BTC
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JakeThePanda
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November 04, 2014, 05:59:46 PM |
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Did you ever stop to think that all the comparables are overvalued? Piece of shit coin X is worth 1mm and piece of shit coin Y is trading at 500k, so it must be undervalued. How about piece of shit coin X is overvalued at 1mm and so is piece of shit coin Y at 500k. Eh? |
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proletariat
Legendary
Offline
Activity: 1246
Merit: 1005
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November 04, 2014, 06:01:51 PM |
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All is good your ICO terms are clear and yours is currently the best exchange but I have to ask. Why facilitate ICOs? why provide this service when it is clearly abused 95% of the time. You are not responsible for the devs misconduct and everyone should know that. But you do provide the means for this to happen, let the shitty exchanges take your ipo fee bussiness, sacrifice a few btcs and become the better exchange in every possible way not just volume, pretty interface and security but honorable aswell. It's basically "I'm just selling the guns, you're the ones killing each other", well don't sell guns, leave it to the lower tier exchanges. |
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dload.1
Legendary
Offline
Activity: 994
Merit: 1004
BTC
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November 04, 2014, 06:03:04 PM |
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and it turned out to be a scam. Really? Get out of here, I don't believe it. lol i didn't invest in this but I am sad for the people that did. i don't feel the need to kick a person when they are down. |
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bitcoinwonders010
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November 04, 2014, 06:03:16 PM |
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this coin just looks like a scam, no reall innovation and he wants 230btc lol
said this was a scam time back august 20th |
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atrostophe
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November 04, 2014, 06:03:23 PM |
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although this incident wasnt bittrex's fault its going to lose reputation if this situation doesnt pan out well, everyone was eager to move over to mintpal again for v2 before it turned out to be a pile of dog shit
i highly doubt a buyback would every happen but i think it would reassure investers if a buyback and promise never to host an ico was made or if there was a process where the exchange gives the community all the info on the dev lets everyone check them out and see if there is any dirt and if a certain number of people approve he ico can be hosted
maybe the community of initial investors should aim to get the price back to ico so that everyone can make a bit of profit
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tempus
Legendary
Offline
Activity: 1960
Merit: 1128
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November 04, 2014, 06:05:57 PM |
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Did you ever stop to think that all the comparables are overvalued? Piece of shit coin X is worth 1mm and piece of shit coin Y is trading at 500k, so it must be undervalued. How about piece of shit coin X is overvalued at 1mm and so is piece of shit coin Y at 500k. Eh? If I see skilled and honest Devs, ongoing development and delivered quality... I buy. If more people would do research, investing instead of betting, Scams wouldn't work this "well" as they do. But, everybody makes his own decisions. |
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KidCrypto
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November 04, 2014, 06:06:35 PM |
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Please collect all information about this developer. CryptoAsian and Coinsource please release all information that you have about this person. I will be paying him a visit.
Thanks,
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unusualfacts30
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November 04, 2014, 06:07:00 PM |
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You were supposed to do your own research. Bittrex's terms were completed. If an exchange is holding an ICO for a scammer..it's their fault. Once Fincen kicks in..it'll all be taken care of. Regulation is another thing that would help keep people away from scammers like these. I was never a big fan of regulation but that needs to be done on all exchanges. Video chat/ID proof/ Residential address/ Previous history etc..all needs to be there for every single developer on each exchange. This EQX dev must be running around in happiness but he doesn't realize that his 66 btc won't last for lifetime and once Fincen kicks in..he will have hard time making any money at all. This whole Bitcoin/altcoin thing is an experiment. Can decentralized, trustless and unregulated currencies work in our society? The answer so far is an emphatic no. More and more people are asking for regulation. These people need to decide what they want. If you want regulation stop using crypto - go back to fiat. If you want an unregulated currency with anonymity and everything else that comes with it then either: a) stop investing in shit or b) get used to losing your money You can't have it both ways! People need to stop investing in ICOs immediately and a big part of this problem will disappear instantly. As long as ICO exists..people will keep investing in them..you can't stop them. ICO isn't to blame..there are many ICO that have done real well. Scams need to stop and there need to be consequences for people who scam investors with their shitcoins and then make fun of them. If there are consequences that'll keep these scammers away...whether it's fincen or exchange do something about it to make sure that scammers don't run away with money like this. When this kind of thing happens in real world...scammer goes to jail. Only in crypto he'll be able to walk away without facing any charges. |
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MEED
Member
Offline
Activity: 68
Merit: 10
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November 04, 2014, 06:08:54 PM |
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All is good your ICO terms are clear and yours is currently the best exchange but I have to ask. Why facilitate ICOs? why provide this service when it is clearly abused 95% of the time. You are not responsible for the devs misconduct and everyone should know that. But you do provide the means for this to happen, let the shitty exchanges take your ipo fee bussiness, sacrifice a few btcs and become the better exchange in every possible way not just volume, pretty interface and security but honorable aswell. It's basically "I'm just selling the guns, you're the ones killing each other", well don't sell guns, leave it to the lower tier exchanges. Bittrex wants to earn money and thats what they do. Why let smaller exchanges get these dirty BTC? It is dumb to accuse bittrex for the ICO scams. They just do their job and you should do yours (if you are an investor you should do your own research before investing) |
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