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Topic: [ANN] [GOX coin] Ripple only coin - limited to 750,000 [ANN] [GOX] (Read 6107 times)

hero member
Activity: 597
Merit: 500
Great Coin  Smiley

r4S86ADSCPoTWUtTrrAHHD5343bmeCpsdn

Ty
sr. member
Activity: 420
Merit: 250
Kamehameha!!!
Sorry people but this is a scam. Here's how it works. In Ripple absolutely anyone can create trust and make up a currency, ie I can lend you 1trillion goats or whatever. The problem is the address than creates the trust with a random name can make as many as he wants anytime they want.


So ok maybe hes a nice guy and not gonna do this but all he has to do is watch everyone buy 'real' assets probably XRP and when he wants to clean out he just makes as many of his coin and buys up every XRP that people have on the market.


Don't fall for it, these threads should be locked...

What about if he deletes the account that created the gox?  look up LOL coin he said there was a way that stopped people producing as much of this kind of currency. I think something like ...create 750k move it to a new account, delete old account that created the initial miniting.



Groan, that was a scam too....There is no way to delete the account...I have about a million BIG coins people I know how this goes. Please research and save your effort.


Everyone when I say scam, I'm not saying you wont get coins. I'm saying with a click of a button anyone can create trust for any made up currency. The problem is if you trade them for XRP then the guy can come in and buy up everything. Effectively making them worthless.

hero member
Activity: 728
Merit: 500
GOX -> rnFEUwZg8JF2nQ3UAjSvQZE6Da6gtok4pG

now.. i changed the trust to only 1 GOX
am i safe from the author robbing me ? Smiley
i can't remove the 'allow rippling' checkbox
hero member
Activity: 728
Merit: 500
GOX -> rnFEUwZg8JF2nQ3UAjSvQZE6Da6gtok4pG
legendary
Activity: 1039
Merit: 1005
Actually, by trusting someone for GOX you don't risk anything directly, so you can do that just for fun (I did something similar when I was trying out ripple to see how it works).
However, when you trust some arbitrary guy for BTC or some other currency symbol that is generally used for real stuff, you might be in for some unpleasant surprises (at least if you allow rippling for that currency, which you can switch off in the client now).
And of course, if you buy these GOX "coins" on Ripple, you should not expect to be able to sell them back later for the same or higher price.

Onkel Paul
newbie
Activity: 10
Merit: 0
What kind of powers am I granting by trusting? Does this let him have access to my coins? I am finally starting to understand Bitcoin pretty well but Ripple is totally new to me.

I don't have access to your coins. Trust is only for GOX. by trusting you can recieve and trade this currency
member
Activity: 70
Merit: 10
What kind of powers am I granting by trusting? Does this let him have access to my coins? I am finally starting to understand Bitcoin pretty well but Ripple is totally new to me.
full member
Activity: 182
Merit: 100
Don't trust people just in return for coins. This guy might be the biggest scammer and people would never know because of you guys.
sr. member
Activity: 374
Merit: 250
r3iiEgijAVJMdKbLp9XPh8GW5UnVvPe52d
im not trusted too :-(
thx
member
Activity: 70
Merit: 10
Can you send me 30XRP so I can fund my account and grant trust?

rUtBCdTFkTYrMoBF8WHPrLDEFxeHJv2LVc
newbie
Activity: 10
Merit: 0
Sorry people but this is a scam. Here's how it works. In Ripple absolutely anyone can create trust and make up a currency, ie I can lend you 1trillion goats or whatever. The problem is the address than creates the trust with a random name can make as many as he wants anytime they want.


So ok maybe hes a nice guy and not gonna do this but all he has to do is watch everyone buy 'real' assets probably XRP and when he wants to clean out he just makes as many of his coin and buys up every XRP that people have on the market.


Don't fall for it, these threads should be locked...

This is definitely NOT a scam! just check the account transactions here: http://www.ripplecharts.com/#/graph
member
Activity: 70
Merit: 10
I need to activate to trust. I need 30XRP?

rUtBCdTFkTYrMoBF8WHPrLDEFxeHJv2LVc
sr. member
Activity: 273
Merit: 250
rQDiSUWdyXzWXiaLcsSbkb57Aazc6jT75q

EDIT- GOX received, Thanks.
sr. member
Activity: 452
Merit: 250
rHovVjpXrB7hVTTLz9QFMHC7qWMpdq28VU

thanks
full member
Activity: 149
Merit: 100
rhithTaMqS31fvP2eKo9Jkmft245fSPwbN

trusted
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Sorry people but this is a scam. Here's how it works. In Ripple absolutely anyone can create trust and make up a currency, ie I can lend you 1trillion goats or whatever. The problem is the address than creates the trust with a random name can make as many as he wants anytime they want.


So ok maybe hes a nice guy and not gonna do this but all he has to do is watch everyone buy 'real' assets probably XRP and when he wants to clean out he just makes as many of his coin and buys up every XRP that people have on the market.


Don't fall for it, these threads should be locked...

What about if he deletes the account that created the gox?  look up LOL coin he said there was a way that stopped people producing as much of this kind of currency. I think something like ...create 750k move it to a new account, delete old account that created the initial miniting.

sr. member
Activity: 336
Merit: 250
Sorry people but this is a scam. Here's how it works. In Ripple absolutely anyone can create trust and make up a currency, ie I can lend you 1trillion goats or whatever. The problem is the address than creates the trust with a random name can make as many as he wants anytime they want.


So ok maybe hes a nice guy and not gonna do this but all he has to do is watch everyone buy 'real' assets probably XRP and when he wants to clean out he just makes as many of his coin and buys up every XRP that people have on the market.


Don't fall for it, these threads should be locked...

How to make my own ripple based currency?
sr. member
Activity: 336
Merit: 250
Trust granted. THanks.

r3nW7LFPYwBVv7ucbhdDR88rz6Yifb7C6Y
sr. member
Activity: 420
Merit: 250
Kamehameha!!!
Sorry people but this is a scam. Here's how it works. In Ripple absolutely anyone can create trust and make up a currency, ie I can lend you 1trillion goats or whatever. The problem is the address than creates the trust with a random name can make as many as he wants anytime they want.


So ok maybe hes a nice guy and not gonna do this but all he has to do is watch everyone buy 'real' assets probably XRP and when he wants to clean out he just makes as many of his coin and buys up every XRP that people have on the market.


Don't fall for it, these threads should be locked...
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
rn6P3XveCiMhBL6aEHHFdJjRfKAh5Y6Xur

trusted ...please gox me man Smiley
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