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Topic: Livecoin.net Scam - page 7. (Read 13668 times)

legendary
Activity: 3038
Merit: 6194
Meh.
August 25, 2019, 09:53:24 AM
The only thing I would ask would be... When you bought MONA, and you now say that you could not withdraw that MONA when you bought it (how do you know?), why did you not sell that MONA and get your money back? Unless there was an extreme difference in buy/sell side and I mean extreme.

I won't tell you that every time I buy a coin I check that I can withdraw it.. I maybe wait about 5 minutes until I actually want to withdraw it (because holding any coin on any exchange is stupid).

I bought for 0.3btc, after the dump the price for livecoins was 0.02btc, there was no point in selling

I keep all the coins on the exchanges, as this specifics of my work, i have about 25 exchanges

But how do you know that you could not withdraw the MONA when you bought it?

Does your work entail seeing how much money you can get scammed out of?
legendary
Activity: 3010
Merit: 8114
August 25, 2019, 09:48:11 AM
I bought for 0.3btc, after the dump the price for livecoins was 0.02btc, there was no point in selling

The point in selling would be to have an extra 0.02 BTC that you don't have now, but you felt continuing your crusade was more valuable, somehow.

I keep all the coins on the exchanges, as this specifics of my work, i have about 25 exchanges

Your work is buying shitcoins, forgetting about them, and leaving them on exchanges for months or years on end?

You keep your coins on 25 different exchanges and you expect people to have sympathy for you when something goes wrong...  Roll Eyes
full member
Activity: 384
Merit: 150
August 25, 2019, 09:38:09 AM
The only thing I would ask would be... When you bought MONA, and you now say that you could not withdraw that MONA when you bought it (how do you know?), why did you not sell that MONA and get your money back? Unless there was an extreme difference in buy/sell side and I mean extreme.

I won't tell you that every time I buy a coin I check that I can withdraw it.. I maybe wait about 5 minutes until I actually want to withdraw it (because holding any coin on any exchange is stupid).

I bought for 0.3btc, after the dump the price for livecoins was 0.02btc, there was no point in selling

I keep all the coins on the exchanges, as this specifics of my work, i have about 25 exchanges
legendary
Activity: 3038
Merit: 6194
Meh.
August 25, 2019, 09:32:07 AM
When I bought MONA, the withdrawals was unavailable...

Why did you buy MONA which withdrawal was unavailable, shameless boy?

The only thing I would ask would be... When you bought MONA, and you now say that you could not withdraw that MONA when you bought it (how do you know?), why did you not sell that MONA and get your money back? Unless there was an extreme difference in buy/sell side and I mean extreme.

I won't tell you that every time I buy a coin I check that I can withdraw it.. I maybe wait about 5 minutes until I actually want to withdraw it (because holding any coin on any exchange is stupid).

Holding is but trading in the margins makes it a necessity to have coins on exchanges as you well know.

No, I don't know. I'm not a trader and I never hold coins on any exchange. If I need/want some coin I buy it and withdraw it ASAP.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 25, 2019, 09:31:16 AM
When I bought MONA, the withdrawals was unavailable...

Why did you buy MONA which withdrawal was unavailable, shameless boy?

The only thing I would ask would be... When you bought MONA, and you now say that you could not withdraw that MONA when you bought it (how do you know?), why did you not sell that MONA and get your money back? Unless there was an extreme difference in buy/sell side and I mean extreme.

I won't tell you that every time I buy a coin I check that I can withdraw it.. I maybe wait about 5 minutes until I actually want to withdraw it (because holding any coin on any exchange is stupid).

Holding is but trading in the margins makes it a necessity to have coins on exchanges as you well know.
legendary
Activity: 3038
Merit: 6194
Meh.
August 25, 2019, 09:27:49 AM
When I bought MONA, the withdrawals was unavailable...

Why did you buy MONA which withdrawal was unavailable, shameless boy?

The only thing I would ask would be... When you bought MONA, and you now say that you could not withdraw that MONA when you bought it (how do you know?), why did you not sell that MONA and get your money back? Unless there was an extreme difference in buy/sell side and I mean extreme.

I won't tell you that every time I buy a coin I check that I can withdraw it.. I maybe wait about 5 minutes until I actually want to withdraw it (because holding any coin on any exchange is stupid).
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 25, 2019, 09:25:56 AM
When I bought MONA, the withdrawals was unavailable...

Why did you buy MONA which withdrawal was unavailable, shameless boy?

Damn , you check every coin you buy on an exchange to make sure it can be withdrawn first? I highly doubt that. Why don't you go back to the russian forums and troll there.
full member
Activity: 384
Merit: 150
August 25, 2019, 04:52:11 AM
When I bought MONA, the withdrawals was unavailable...

Why did you buy MONA which withdrawal was unavailable, shameless boy?
Should I ask you before buy? Livecoin-yobit troll!


Maybe you ask why I did not check the water in the drain tank before shit? I just wanted to shit!  Grin
legendary
Activity: 2044
Merit: 1231
August 25, 2019, 04:48:08 AM
When I bought MONA, the withdrawals was unavailable...

Why did you buy MONA which withdrawal was unavailable, shameless boy?
full member
Activity: 384
Merit: 150
August 25, 2019, 12:37:04 AM
I think now we have to be very choosy about exchanges now a days almost all exchange is high risky we can't store our tokens and coins in exchange I also use this exchange called livecoin I have also doubts on it and you clear it now thanks for update mate
Don't use exchanges as a place to store cryptocurrencies or tokens, get a hardware wallet. Other exchanges can also get hacked or start stealing from their customers.

When I bought MONA, the withdrawals was unavailable, after which the price fell sharply and I postponed the solution to this issue. After some time, I found out that the exchange with the developers had disagreements. I expressed my opinion on this matter and then you all know what came of it.   Smiley They delisted MONA coins and took them away forever, but thanks to all of you, I still managed to get my bitcoins back, with the help of which they blackmailed me. I came up with a way to thank everyone who sincerely helped me, I will inform about this later.  Wink

In addition, if there is someone who can return 720 mona coins in court against thieves from livecoin, I am ready to give part of this amount for work, or tel me your price, please PM me.

And now they want to steal the MONERO coins of other users in the same way.
hero member
Activity: 2660
Merit: 551
August 24, 2019, 09:55:27 PM
I think now we have to be very choosy about exchanges now a days almost all exchange is high risky we can't store our tokens and coins in exchange I also use this exchange called livecoin I have also doubts on it and you clear it now thanks for update mate

Or if you wanted to leave tokens on an exchange, it should be enough for your trading but don't store all your crypto funds in an exchanges, even such as hacks or dissolution. Let that be a lesson to you. And we are not talking only about Livecoin but the rest of crypto exchanges out there.
legendary
Activity: 3472
Merit: 1724
August 24, 2019, 09:50:51 PM
I think now we have to be very choosy about exchanges now a days almost all exchange is high risky we can't store our tokens and coins in exchange I also use this exchange called livecoin I have also doubts on it and you clear it now thanks for update mate

Don't use exchanges as a place to store cryptocurrencies or tokens, get a hardware wallet. Other exchanges can also get hacked or start stealing from their customers.
newbie
Activity: 90
Merit: 0
August 24, 2019, 03:38:21 AM
I think now we have to be very choosy about exchanges now a days almost all exchange is high risky we can't store our tokens and coins in exchange I also use this exchange called livecoin I have also doubts on it and you clear it now thanks for update mate
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
August 23, 2019, 08:40:58 PM
Scammers continue to rob users by analogy with the MONA coin
https://www.livecoin.net/en/news/view/304

I think it is very interesting that they are making the insinuation that someone on the Monero development team executed the vulnerability to profit.  Roll Eyes I wonder how much proof they actually have to bring up this allegation. It's disconcerting that they will freeze one of their users accounts for spreading "disinformation" about them, but then turn around and make an unfounded allegation against an established and trusted team. Monero is listed on several exchanges. I am not aware of any other exchange insisting that Monero return the lost funds. Weren't other exchanges hit with the same vulnerability? Or do hacker know to go to Livecoin for their exploiting endeavors?



I may be mistaken on the technical details here, but from my initial observation of these circumstances, it seems as if some type of node attack was used. Essentially the attack consists of an attacker setting up more nodes than the target, thus creating consensus on its chain  with a double spend TX faster than the target can. This basically creates a temporary localized fork and depends on a relatively weak network. The exchange server(s) recognize the attacker's transaction just long enough to get in and out of the exchange, then the network eventually invalidates the transaction as the attacking nodes are shut down. This is a combination of running a poorly managed exchange with too few active nodes to run its own transactions through, incompetent security management, and too few confirmations for deposit. I am sure I am explaining it clumsily, but that is the general mode of attack. The problem is from the outside it is hard to tell what happened which makes it easy to blame the dev team. However as others have pointed out, if it was a protocol issue, other exchanges would have been affected the same way. This is a very well known attack vector, and there is a good chance Livecoin is insolvent.
full member
Activity: 670
Merit: 120
TIME TO BAN THE YOBIT SCAM!!
August 23, 2019, 10:06:34 AM
If they have allowed deposits since the hack but not withdrawals then they are thieves, plain and simple.

Exactly this. Not only that, but they allowed trading of the coin in full knowledge that customers couldn't withdraw.

Pure scammers.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 21, 2019, 10:09:02 AM
If they have allowed deposits since the hack but not withdrawals then they are thieves, plain and simple.
newbie
Activity: 14
Merit: 0
August 21, 2019, 06:10:40 AM
Livecoin suffered a loss of 1.8 mil worth of Monero a few months ago.

https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/
https://www.reddit.com/r/monerosupport/comments/braxxp/livecoinnet_xmr_wallet_offline/



Livecoin Crypto Exchange Suffered Loss Of XMR
According to a recent report, Livecoin crypto exchange suffered a significant loss. The exchange claimed it lost 15108 XMR worth $1.8 million. The exchange noted some inappropriate transactions on July 20, 2018, after which they confirmed the loss.

Livecoin expresses its dismay that Monero developers did not inform them about the risks or the need to limit Monero transactions. Now, they have halted XMR transactions for an indefinite time, probably until further negotiations between the exchange and Monero developers.



20.05.2019 17:35Support (assistant):
Hello
A vulnerability have been detected in this asset software. In course of negotiations, the developers refused to take responsibility for their software, that is why deposit and withdrawal of this coin have been suspended. If you have difficulties with this asset, or you have questions about the time when it will be enabled again, please, address the developer, because it depends entirely on the developer.


Monero has been on maintenance for months, and no news when they will bring back online the wallet, also other coins that are forks of Monero are on maintenance, like SFT and SFX.

It seems that all Monero forks coin got attacked on Livecoin, my advice is to get rid of all the Monero and Monero forks you hold on livecoin, sell them for BTC and withdraw from there as soon as possible.

I have such a question for the administrators of the LiveCoin exchange how can you delist Monero (XMR) without the right to withdraw a coin by users of the exchange? This means only one thing that all the Monero coins that users on the exchange have on the exchange wants to assign  on 30.08.2019, that is, this is a blatant assignment of funds from traders by the LiveCoin exchange. What is the fault of the Monero holders on your LiveCoin exchange that you take their legitimate money from them? If you had problems with hacking and with Monero developers in the summer of 2018, why should LiveCoin traders pay for this in August 2019? If you respect yourself as a  exchange and your users, then you should give the opportunity to withdraw Monero after delisting the coin, or is there a second option that is not to delist Monero but to continue trading on it as you did since the summer of 2018 and the third option to buy Monero from traders of your LiveCoin exchange at market value if you intend to delist a coin without the right to withdraw. Otherwise, it will be just a blatant robbery of LiveCoin exchange users, and in this case, we LiveCoin traders will draw up a group lawsuit for LiveCoin in court and SEC for the appropriation of funds of exchange users.
legendary
Activity: 1806
Merit: 1828
August 20, 2019, 11:01:00 AM
Scammers continue to rob users by analogy with the MONA coin
https://www.livecoin.net/en/news/view/304

I think it is very interesting that they are making the insinuation that someone on the Monero development team executed the vulnerability to profit.  Roll Eyes I wonder how much proof they actually have to bring up this allegation. It's disconcerting that they will freeze one of their users accounts for spreading "disinformation" about them, but then turn around and make an unfounded allegation against an established and trusted team. Monero is listed on several exchanges. I am not aware of any other exchange insisting that Monero return the lost funds. Weren't other exchanges hit with the same vulnerability? Or do hacker know to go to Livecoin for their exploiting endeavors?

full member
Activity: 384
Merit: 150
August 20, 2019, 09:19:33 AM
Scammers continue to rob users by analogy with the MONA coin
https://www.livecoin.net/en/news/view/304
full member
Activity: 670
Merit: 120
TIME TO BAN THE YOBIT SCAM!!
August 14, 2019, 07:01:23 AM
I'm seeing an increase in livecoin shitposting from dodgy accounts - have they started their spamming campaign again?
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