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Topic: Livecoin.net Scam - page 10. (Read 13668 times)

member
Activity: 294
Merit: 10
July 20, 2019, 11:31:21 AM
This is interesting.
Livecoin suffered a loss a few months ago when someone exploited a monero vulnerability
https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/

And then a member of monero community post this
https://www.reddit.com/r/Monero/comments/bv0427/livecoinnet_may_have_actually_tried_to_breach_the/

So maybe Livecoin tried to negociate something with MONA but they did not give the coins to them, something similar happen with Bitcoin Gold and some exchange like a year ago
full member
Activity: 384
Merit: 150
July 19, 2019, 10:59:41 PM
It seems that their attitude towards the client will become a guideline for other exchanges - what is forbidden to do when working with a client



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copper member
Activity: 2198
Merit: 1837
🌀 Cosmic Casino
July 19, 2019, 04:04:04 PM
I see a dozen chaps applying for the campaign with a few who are ofcourse just trying to be sarcastic.
Don't you think DT members should tag the other culprits for joining the campaign very well knowing that Livecoin were proven scammers?

Warnings are all there but they just decided to ignore and join the campaign  Embarrassed
legendary
Activity: 3276
Merit: 2442
July 19, 2019, 04:01:26 PM


Sometimes your reputation is more important than getting a few satoshis.




match point dude Smiley
i think always reputation > money

That "sometimes" was just a figure of speech. Of course it is always more important than a few satoshis.  Cheesy
legendary
Activity: 3696
Merit: 4343
The hacker spirit breaks any spell
July 19, 2019, 03:17:46 PM


Sometimes your reputation is more important than getting a few satoshis.




match point dude Smiley
i think always reputation > money
legendary
Activity: 3276
Merit: 2442
July 19, 2019, 11:41:03 AM
I believe they will choose most of spammers. Since here is open scam accusation, I think any reputed user will apply there. Perhaps their signature will end up like Yobit. They should resolve that accusation and hire a well reputed managers. However, I am little bit late on this thread, so I will take a look all of reply here before make any judgment.

The reward is very huge and very tempting and you can really earn a lot if you completed that 50 posts, they did not specify the number of people they are going to accept, so there is a possibility that they can accept as many people that they want and would like to apply.

It is not worth getting all the hate from the well established members. (you may even get tagged for this)

Yobit had great rewards too, look what happened to them. Many yobit signature carriers got a sig ban for months.

It is very clear, respected members of the forum aren't applying for this campaign any more.

Sometimes your reputation is more important than getting a few satoshis.

I really wish Livecoin had sorted this out, as I sent my applications to their campaign several times before.
full member
Activity: 2324
Merit: 175
July 19, 2019, 10:56:21 AM
I believe they will choose most of spammers. Since here is open scam accusation, I think any reputed user will apply there. Perhaps their signature will end up like Yobit. They should resolve that accusation and hire a well reputed managers. However, I am little bit late on this thread, so I will take a look all of reply here before make any judgment.

The reward is very huge and very tempting and you can really earn a lot if you completed that 50 posts, they did not specify the number of people they are going to accept, so there is a possibility that they can accept as many people that they want and would like to apply.
full member
Activity: 384
Merit: 150
July 19, 2019, 09:02:42 AM
A month passed after they blocked my account for publicly criticizing their work. They continue to blackmail me so that I delete everything that I have said here, otherwise they will not return anything to me! The only thing they did was Mona coins delisting, which I now cannot sell even for the pennies they offer in return, because my account is blocked.
 Sad

Why did you withdraw your flag?

WOW! What is that?! I don't know how it happened, maybe some kind of mistake! Thanks!
legendary
Activity: 3010
Merit: 8114
July 19, 2019, 08:59:13 AM
A month passed after they blocked my account for publicly criticizing their work. They continue to blackmail me so that I delete everything that I have said here, otherwise they will not return anything to me! The only thing they did was Mona coins delisting, which I now cannot sell even for the pennies they offer in return, because my account is blocked.
 Sad

Why did you withdraw your flag?
legendary
Activity: 1428
Merit: 1166
🤩Finally Married🤩
July 19, 2019, 08:51:51 AM
A month passed after they blocked my account for publicly criticizing their work. They continue to blackmail me so that I delete everything that I have said here, otherwise they will not return anything to me!

Would you mind sharing that blackmails to us so we can see, that the LIVECOIN shouldn't be here and atleast be banned. With those mails that you were saying, many will be saved and on the later part, this site will fall. If they continue their habbit on making such behaviour then who knows what can they do to others, and as for the OP, there might be no chances on retrieving your finances, so I think you should consider this now, as for the fact LIVECOIN doesn't want to answer the allegations.
full member
Activity: 384
Merit: 150
July 19, 2019, 08:26:42 AM
A month passed after they blocked my account for publicly criticizing their work. They continue to blackmail me so that I delete everything that I have said here, otherwise they will not return anything to me! The only thing they did was Mona coins delisting, which I now cannot sell even for the pennies they offer in return, because my account is blocked.
 Sad
legendary
Activity: 2408
Merit: 2226
Signature space for rent
July 19, 2019, 07:30:48 AM
I believe they will choose most of spammers. Since here is open scam accusation, I think any reputed user will apply there. Perhaps their signature will end up like Yobit. They should resolve that accusation and hire a well reputed managers. However, I am little bit late on this thread, so I will take a look all of reply here before make any judgment.
legendary
Activity: 3276
Merit: 2442
July 19, 2019, 07:19:18 AM

Surely it doesn't look good. After hhampuz decided to end the campaign instead of solving the issue between the OP and the exchange they started a new campaign.

They don't understand how things work here at all.

It is really sad despite all the warnings and all the chances they had to solve the issue, they went this way and ignoring what people say.

>>>Yobit v2.0 loading

copper member
Activity: 47
Merit: 0
jr. member
Activity: 75
Merit: 7
full member
Activity: 384
Merit: 150
July 16, 2019, 09:08:24 PM
These scammers have deprived me of the opportunity to sell this mona. They also continue to illegally withhold my BTC. And all this happens only because I publicly spoke about the problem with MONA!
legendary
Activity: 3654
Merit: 8909
https://bpip.org
July 16, 2019, 12:13:21 PM
Well, that's not me, actually

Losses are losses and if they are to be socialized, everyone thus "socialized" will get financially punished. What you suggest is more about paying back but if they didn't do that before why they are going to do that now? Anyway, if the Mona withdrawals as well as deposits have been disabled, it is quite possible they don't have the coins unless they bought them elsewhere. In this manner, delisting the coin is a form of loss socialization in its own right

Where did the coins disappear then? The 51% attack pretty much by definition couldn't "destroy" existing main chain coins that Livecoin supposedly had in their wallets. So if the balance is now 0 then either Livecoin had lost them before the attack, or they sold them off after the attack while customers were unable to withdraw.

I really don't understand the rest of your argument. Sounds like an attempt to justify the scam with word games.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 16, 2019, 11:58:15 AM
Unless you're saying that Livecoin has 0 MONA coins, which is certainly possible and would make the whole scam even more egregious

Well, that's not me, actually

Losses are losses and if they are to be socialized, everyone thus "socialized" will get financially punished. What you suggest is more about paying back but if they didn't do that before why they are going to do that now? Anyway, if the Mona withdrawals as well as deposits have been disabled, it is quite possible they don't have the coins unless they bought them elsewhere. In this manner, delisting the coin is a form of loss socialization in its own right
legendary
Activity: 3654
Merit: 8909
https://bpip.org
July 16, 2019, 10:36:38 AM
I'm not sure I understand what you mean by this. As far as I'm able to grasp the concept, it is about spreading losses among everyone, even those not affected by the situation (like Bitfinex altcoin holders). In other words, socializing the losses only among the current holders of the Mona coin (which is to be delisted) is not much different from just delisting it (what the exchange is going to do anyway)

What am I missing?

Delisting means bagholders get nothing (they can't withdraw) and Livecoin gets to keep whatever actual MONA it still has. Livecoin should at least distribute existing real on-chain MONA covering at least a fraction of users' balances. Unless you're saying that Livecoin has 0 MONA coins, which is certainly possible and would make the whole scam even more egregious.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
July 16, 2019, 09:56:15 AM
The Mona holders would be better off if Livecoin socialized the losses among current Mona holders, get on the new chain, and let the Mona holders withdraw the coin

I'm not sure I understand what you mean by this. As far as I'm able to grasp the concept, it is about spreading losses among everyone, even those not affected by the situation (like Bitfinex altcoin holders). In other words, socializing the losses only among the current holders of the Mona coin (which is to be delisted) is not much different from just delisting it (what the exchange is going to do anyway)

What am I missing?
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