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newbie
Activity: 15
Merit: 0
November 27, 2013, 05:03:45 PM
#42
I seen a self-serve advertisement on reddit trying to sell MCXfee for about two weeks right before this happened .

It must have been a big campaign because I seen it all day every day.

That's what got me thinking about how odd all this is, why advertise MCXfee so much knowing you're going to shut it all down soon if it wasn't one last money grab.
legendary
Activity: 2674
Merit: 2965
Terminated.
November 27, 2013, 04:55:02 PM
#41
You planned on getting rich didn't you people.
Just ask yourself why aren't btc-e, bitstamp selling "shares".  Wink
member
Activity: 100
Merit: 10
Vires in numeris.
November 27, 2013, 03:20:38 AM
#40
Realsolid is a well documented scammer and has done this before as Moonco.in and was part of the founding crew at CryptoXchange. He even listed Ken Armitt as a Solidcoin partner in the SC 2.0 beta clients.

Realscam = MrMoon? Did not make that connection before. Thanks for sharing!

I TOLD YOU SO LOL   Grin Grin Grin

Kudos for never getting tired to point him out. Some background music for your post.

Let's all post how much we've lost. I'll start:

0.00000000 BTC

LOL  Cheesy

0BTC
legendary
Activity: 2674
Merit: 2965
Terminated.
November 27, 2013, 01:57:47 AM
#39
You should have listened this time. Luckily 0 BTC has been lost here.
hero member
Activity: 714
Merit: 500
November 27, 2013, 01:33:25 AM
#38
Wow. So let me get this straight..

**THE** Realsolid/Coinhunter/Ken/Mr.Moon/... actually has a flaw? :O Who the fuck would have guessed!

Seriously, what a joke, he brags about how "solid" he is (pardon the pun) and his exchange is, but yet, when it comes to a few support tickets he cries and closes up shop with millions of dollars.

I seen it coming, BCX seen it coming, a lot of us seen it coming. I was afraid to admit it at first, but noticed things and left. To those who lost money on the FEES, I feel for you, I really do. But we live and we learn.

Personally, i'll stick with cryptsy. The owner is not NSA proof, and the community is great.

Props to you BCX.

--GoR--

We all seen it coming, but specifically BCX and I saw this coming back in 2011. That was when SolidCoin was ready for the fall of Bitcoin heh. And anything that had to do with SolidCoin or what was supposed to be MicroCash, everyone stayed away except for those caught up in his scheme. Btw people. MCxNow stands for MicroCashxNow, but this guy realized since MicroCash never came out he said "Oh it's MinCoinxNow."

If you're too lazy into doing deep research about this guy, I shall refer you to 2 blog posts that I've written about RealSolid:
1. http://thecryptoblog.com/realsolid-needs-money2012-realsolid-has-money2013-can-you-trust-mcxnow/
2. http://thecryptoblog.com/mcxnow-shutting-down/

Anyways, I will be doing another post about RS soon. Stay tuned.
full member
Activity: 238
Merit: 100
Inject Its Venom Into Your Veins
November 26, 2013, 06:14:50 PM
#37
Wow. So let me get this straight..

**THE** Realsolid/Coinhunter/Ken/Mr.Moon/... actually has a flaw? :O Who the fuck would have guessed!

Seriously, what a joke, he brags about how "solid" he is (pardon the pun) and his exchange is, but yet, when it comes to a few support tickets he cries and closes up shop with millions of dollars.

I seen it coming, BCX seen it coming, a lot of us seen it coming. I was afraid to admit it at first, but noticed things and left. To those who lost money on the FEES, I feel for you, I really do. But we live and we learn.

Personally, i'll stick with cryptsy. The owner is not NSA proof, and the community is great.

Props to you BCX.

--GoR--
member
Activity: 66
Merit: 10
Peercoin
November 26, 2013, 05:59:31 PM
#36
legit business will make more money in the long run than a scam any day.

why commit a scam when your business is doing so good.

im not defending him, i just dont get how he thinks. its very stupid really.




sr. member
Activity: 336
Merit: 250
November 26, 2013, 04:42:51 PM
#35
It all seems so obvious right now but I just wasn't paying attention to the signs. Hopefully I will be smarter in the future.
sr. member
Activity: 336
Merit: 250
November 26, 2013, 04:41:38 PM
#34
I was doing well also. Well enough that I was considering quitting my job and just trading.

This hurt me badly. I had loaded up on fees the day before. There was so many newbs in chat I figured Fees had to go up soon.

Now that I think back there was a sell wall at 0.2 for a few days prior to this stunt. That sell wall may have been RS keeping the price down or friends of his cashing out.
newbie
Activity: 22
Merit: 0
November 26, 2013, 04:26:51 PM
#33
Yeah I hate to be the bearer of bad news, but not everybody got scammed by him.  I made 15 bitcoin from less than 1 through the exchanges.  I saw this coming too though.  As much as everyone wants to believe in the community and that Realsolid could be some magically non greedy unicorn of a human.  I think we all just see what this is.  Sorry to anyone who lost a lot on the trades.
hero member
Activity: 672
Merit: 500
November 26, 2013, 04:01:30 PM
#32
Let's all post how much we've lost. I'll start:

0.00000000 BTC

LOL  Cheesy

Hey, sorry to disappoint, but I actually made money trading shares. Not much but someting like 1 BTC. When I realized RS was manipulating fee price, and when the price was around 0.1, I bought some and sold them as soon as he started buying around 0.12 ... weak hands, I blamed myself for not selling @ 0.2 hours later, lol

I admit I was a lucky idiot
legendary
Activity: 1229
Merit: 1001
November 26, 2013, 02:31:11 PM
#31
legendary
Activity: 1210
Merit: 1024
November 26, 2013, 02:29:36 PM
#30
Myself and lolcust figured out back in the day. If you dig hard enough into the archives there was a thread battle between myself and "Mr. Moon" over his refusal to even identify where he was located.

locust discovered a DNS error that lead back to solidcoin.info. Less than two days later Mr. Moon vaporizes with BTC and Solidcoins.

The rest is history.

Not bad. I couldn't find anything on that guy. It made no sense that he'd skip town with Solidcoins, but now it does. I'm glad I got my Solidcoins out a few days before that site went down, but still it was a shame to see the site go because the betting side of the site was pretty sweet.


Yes stealing Solidcoins back then was a number 1 indicator on exactly who Mooncoin was.


~BCX~
sr. member
Activity: 322
Merit: 250
I AM A DRAGON
November 26, 2013, 02:03:36 PM
#29
I didn't even know who was and it was suspicous to believe he got as much as he did is a bit disturbing
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
November 26, 2013, 01:25:48 PM
#28
Myself and lolcust figured out back in the day. If you dig hard enough into the archives there was a thread battle between myself and "Mr. Moon" over his refusal to even identify where he was located.

locust discovered a DNS error that lead back to solidcoin.info. Less than two days later Mr. Moon vaporizes with BTC and Solidcoins.

The rest is history.

Not bad. I couldn't find anything on that guy. It made no sense that he'd skip town with Solidcoins, but now it does. I'm glad I got my Solidcoins out a few days before that site went down, but still it was a shame to see the site go because the betting side of the site was pretty sweet.
legendary
Activity: 1061
Merit: 1001
November 26, 2013, 01:03:56 PM
#27
props to BitcoinEXpress for calling this from day one and trying to warn people but it fell on deaf ears

now watch shitcoins like mincoin, solidcoin and copperlark descend to the centre of the earth, that mcxnow was designed to pump
his own coins and to sell worthless fee shares with no transparency or proof anyone was buying them

unbelievably in mcx chat the gorms are saying it's good rs is getting help and will go from strength to strength
I actually feel sorry for them

cryptsy don't hide where they are, where the offices are, who the staff are, they're registered and upright people
https://www.cryptsy.com/pages/about
legendary
Activity: 1210
Merit: 1024
November 26, 2013, 11:56:43 AM
#26
They actually believe his story even though they were clearly played.


He did the same thing with his cult like following back in 2011 with SC1 and SC2, again in 2012 with Microcash and Mincoin and comeback in with a grand slam in 2013 with 2013.


~BCX~
sr. member
Activity: 336
Merit: 250
November 26, 2013, 11:50:33 AM
#25
Its kind of like being a baker and selling a bunch of vouchers for bread and then closing a month later. What do the people holding the bread vouchers / fee shares do?

Don't know about this bread voucher thing, not sure. It would be on the terms and conditions.

Obviously with the mcxFEE shares you'll need to read the legally binding contract you agreed with Realsolid before buying the shares. Oh wait, you mean there isn't one....... Oh dear.



Its not a literal analogy, but there are alot of similarities.

The bread vouchers can be sold or traded but only redeemed in one location for bread. If the baker shuts down and disappears the vouchers are worthless.

If this did come to criminal proceedings the judge would see right through the "not owning shares of the actual site" bullshit, and Look right at what makes it all illegal and that is selling the rest of the shares a month before shutting down. All the prosecutor needs to prove is that RS intended to shut down mcxNow when he sold those shares.

Not only that but in hind site he clearly inflated the value of shares by trading with himself using multiple accounts to increase volume in October. One of the Accounts named Satoshi would show up randomly and ban people with pay bans. The pay bans also added to the fee revenue. So he inflated the perceived value of the shares. That is the pump part. Now he has moved on to the dump part.

If he doesn't disappear. He is going to repeat this scam. BY bringing the site back with gambling, he will likely inflate revenues again by using sock puppets to gamble with and lose. Then he can re-release the shares he has now bought back at less then half the value, and then even more now at less then 1/4 price he sold for.

When you look at trading volumes and accounts on MCXnow they were actually starting to go up on there own and there were tons of new users that weren't RS in the troll box so it wasn't him just creating accounts. The shares might actually have been worth 0.2 at the rate the site was growing. I purchased some shares at 0.4 as a gamble but more at 0.2 thinking that over the next few months They would actually go up in value. He also had promised adding gambling which would have added to share value. But he must realize there is more money to be made by intentionally decreasing the share value buying them back and then reselling them later after artificially inflating value.

So now he can either cut and run or re-run the same scam.

What is eating at me the most is all the people that are still supporting him over in the MCXnow troll box. They actually believe his story even though they were clearly played.
legendary
Activity: 2184
Merit: 1011
Franko is Freedom
November 26, 2013, 09:09:37 AM
#24
Let's all post how much we've lost. I'll start:

0.00000000 BTC

LOL  Cheesy

THIS
hero member
Activity: 686
Merit: 504
always the student, never the master.
November 26, 2013, 08:59:04 AM
#23
The beauty in all of this, as I warned you all about, is that Realsolid has done nothing illegal.

He is allowing everyone to retrieve their coins. No hacks, no thefts.

He never made any promises on the performance of mcxFEES. People still own them.

He now walks away, with no illegalities totally anonymous with about $12 Million UDS in BTC.

I don't know how anyone could have missed something as obvious as it was.

~BCX~
It could probably fall under the statute of frauds, but good luck even finding the man. Cheesy

Where are all the blowhards, like quantplus, saying his identity doesn't matter now?

hazard, i think its fairly safe to say that quantplus was just one of the many sockpuppets of RS
Strong possibility.

But I find it hard to believe that every person defending RS's right to anonymity was a sockpuppet. There was a ton of them.

Look at all the people who defend tradefortress. better yet, look at all the people with 50 sock puppets leaving feedback on their profile like no one knows.
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