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legendary

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STOP SNITCHIN'

Quote from: The Sceptical Chymist on December 29, 2020, 12:12:56 PM

Quote from: Sailor11 on December 29, 2020, 09:35:16 AM

I also remember many of you were part of this scam exchange promotion. And many of you that claim to be ethical and always do due diligence you were promoting this scam.

Were they known to be a scam from the get-go? I vaguely remember some hubbub about Livecoin a while back, but since I had never used them I never really paid attention to the details.

I'd lump them in with the likes of YoBit. There have been consistent complaints about long term disabled wallets, which is effectively theft. There have also been plenty of complaints about withdrawal issues, nonexistent customer support, unjustified account banning, etc.

Like YoBit though, plenty of people swore by them for years, having never experienced any issues themselves. Until now, that is. Sad

The Sceptical Chymist

legendary

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Quote from: examplens on December 29, 2020, 12:05:34 PM

you could have written that in one of the many threads in which the discussion about Livecoin and his latest update.

I don't know, I think he's justified in bumping his own thread, especially given what's going on with Livecoin at the moment. The only reason I got interested in Livecoin recently was because they were one of two available exchanges listing Curecoin, and I posted in another thread about my lucky experience with the exchange. I'm not convinced they were a scam exchange from the start, but on the other hand it sounds like they were shady at the very least (as evidenced by the OP of this thread).

Quote from: Sailor11 on December 29, 2020, 09:35:16 AM

I also remember many of you were part of this scam exchange promotion. And many of you that claim to be ethical and always do due diligence you were promoting this scam.

Were they known to be a scam from the get-go? I vaguely remember some hubbub about Livecoin a while back, but since I had never used them I never really paid attention to the details.

Looks like you're on point about them, OP. As I've said before I seriously doubt they're being extorted by hackers. The more plausible explanation is just what you said: they're exit scamming.

examplens

legendary

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Crypto Swap Exchange

Quote from: Sailor11 on December 29, 2020, 09:35:16 AM

Quote from: Sailor11 on June 28, 2019, 12:45:30 PM

Probably the haven of scamcoins and ponzi schemes. The only exchange that kept offering bitconnect trading for months after the ponzi collapsed.
Holds a vast amount of shit/scam coins, only traded on their exchange. (OTN, DIG, GOAL and around 200 more useless scamcoins).

I sense an exit-scam soon after they trap a few newbies with their latest promotion. They will probably say they got hacked and they lost all funds. Same recipe as cryptopia probably, another home of scamcoins.

Came back just because I remembered I posted this last year.

I also remember many of you were part of this scam exchange promotion. And many of you that claim to be ethical and always do due diligence you were promoting this scam.
I just hope that my warning as well as everyone else that made a post about this scam have at least helped a few people not to lose their money.
Peace out.

you could have written that in one of the many threads in which the discussion about Livecoin and his latest update. Okay, you had a right in something when you saying 1.5year ago, but do we really need another one discussion about Livecoin.
We still do not know is it real hack here or it's just another exit scam case.

Sailor11

newbie

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Quote from: Sailor11 on June 28, 2019, 12:45:30 PM

Probably the haven of scamcoins and ponzi schemes. The only exchange that kept offering bitconnect trading for months after the ponzi collapsed.
Holds a vast amount of shit/scam coins, only traded on their exchange. (OTN, DIG, GOAL and around 200 more useless scamcoins).

I sense an exit-scam soon after they trap a few newbies with their latest promotion. They will probably say they got hacked and they lost all funds. Same recipe as cryptopia probably, another home of scamcoins.

Came back just because I remembered I posted this last year.

I also remember many of you were part of this scam exchange promotion. And many of you that claim to be ethical and always do due diligence you were promoting this scam.
I just hope that my warning as well as everyone else that made a post about this scam have at least helped a few people not to lose their money.
Peace out.

logfiles

copper member

Activity: 2170

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Quote from: BitMaxz on June 28, 2019, 04:43:21 PM

I don't think it will happen since their signature campaign still active from here https://bitcointalksearch.org/topic/cfnp-livecoin-signature-campaign-herolegendary-members-up-to-002btcweek-5124985

Livecoin is exchange it's a business they are accepting to list any coins or token to trade on livecoin. Since they are business they are making a profit by listing coins scam or not they're accepting it with fees to list any coin. So I don't think if they have a plan to follow what cryptopia did before.

Since they have signature campaign actively running here on the forum for me they are still safe to use just make sure that you are not trading with shitcoin and trade only with well-known coins.

I think having a signature campaign on the forum should not be an assurance that they are safe and will stay. Anything can happen. Look what happened to bitblender, they shut down in the very last moment even when the signature campaign was still very active.

i know business is business but also the quality of business matter. Getting money from so many shitcoins in order to be listed does not help in the long run. Traders will keep off the exchange since they won't trust it and before we realise it will collapse.

BitMaxz

legendary

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I don't think it will happen since their signature campaign still active from here https://bitcointalksearch.org/topic/cfnp-livecoin-signature-campaign-herolegendary-members-up-to-002btcweek-5124985

Livecoin is exchange it's a business they are accepting to list any coins or token to trade on livecoin. Since they are business they are making a profit by listing coins scam or not they're accepting it with fees to list any coin. So I don't think if they have a plan to follow what cryptopia did before.

Since they have signature campaign actively running here on the forum for me they are still safe to use just make sure that you are not trading with shitcoin and trade only with well-known coins.

digitalevalutaer

newbie

Activity: 1

Merit: 0

Sure Livecoin has a lot of shitty scamcoins but I don’t think it’s an exit-scam

asche

legendary

Activity: 1484

Merit: 1491

I forgot more than you will ever know.

While any project/exchange should do due diligence on their project, this is not the place to discuss it.

If you want to open a scam accusation or an investigation you should do that in the subforum dedicated to such things.

oseikuf44

member

Activity: 490

Merit: 10

I don't think Livecoin is suppose to blame for the shit coins that sits on the exchange. They depend on the coin development team weather they need to delist the coins since the trading might fall low; but if such information is not obtain from the team, the exchange will keep showing feeds from the coin market demand and supply.

Sailor11

newbie

Activity: 17

Merit: 5

Probably the haven of scamcoins and ponzi schemes. The only exchange that kept offering bitconnect trading for months after the ponzi collapsed.
Holds a vast amount of shit/scam coins, only traded on their exchange. (OTN, DIG, GOAL and around 200 more useless scamcoins).

I sense an exit-scam soon after they trap a few newbies with their latest promotion. They will probably say they got hacked and they lost all funds. Same recipe as cryptopia probably, another home of scamcoins.

Topic: Livecoin (Read 259 times)