MCXNow Shutting down (Temporary) - page 15.

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: aldrin on November 25, 2013, 10:58:33 PM

say you're closing, feeshares drop, buy them up - "oh, i've decided to take on a partner, so staying open" - feeshares go back up - made a tidy profit

He has sold a lot of shares at 0.4 BTC already. I don't think he needs to do this to add a little bit more. Most likely it's just "mission accomplished and let's enjoy" for him.

For those who still wish he will come back and thinking now maybe a good chance to get some cheap shares: even if he will come back, could you still trust one man team to run this exchange and this 'one-man' can close his site any time as his wish? Please cherish your BTC.

aldrin

full member

Activity: 129

Merit: 100

say you're closing, feeshares drop, buy them up - "oh, i've decided to take on a partner, so staying open" - feeshares go back up - made a tidy profit

erk

hero member

Activity: 826

Merit: 500

RS claims he has done no wrong, however the tone of the users seems to indicate the opposite, it's not just a vocal minority either, he had to appoint two new moderators in a hurry to keep up with the chat bans, interesting times.

Charles999

full member

Activity: 224

Merit: 100

A scam thread has been created for him:

https://bitcointalk.org/index.php?topic=347008.new#new

GoldSeal

legendary

Activity: 1862

Merit: 1002

Eek you rock. Did you see the quotes in there? It's amazing shit

erk

hero member

Activity: 826

Merit: 500

Quote from: Hazard on November 25, 2013, 10:37:36 PM

Quote from: BitThink on November 25, 2013, 10:35:39 PM

What do you think when an exchange is closed (maybe temporarily, maybe not) after collecting millions of dollars from investors?

It was one man's exchange before the IPO, and he could do whatever he want that time. But now? After collected more than millions, then claiming cannot maintain it by one person, and cannot hire some talents to help you with millions of dollars? Unbelievable. Fortunately I did not invest on this guy and his website.

Incorrect. He was not selling shares of the exchange. He was selling shares of the fees the exchange generates. This is an important distinction because it protects him from legal action.

That is to say, you are fucked and have no recourse. I've been posting about this for months now.

@GoldSeal, got a screenshot of that? I'm gonna write an article about this and would love a record of all the ridiculous shit he's saying.

http://mcxchart.com/chatlog/2013/11/25/

I have pointed the wayback machine at it in case RS decides to delete the chat logs.

GoldSeal

legendary

Activity: 1862

Merit: 1002

Quote from: Hazard on November 25, 2013, 10:37:36 PM

@GoldSeal, got a screenshot of that? I'm gonna write an article about this and would love a record of all the ridiculous shit he's saying.

Can't I'm stuck on this tiny iPad mini. If you grab some quotes from his chat. He's saying some amazing shit!

iGotSpots

legendary

Activity: 2548

Merit: 1054

CPU Web Mining 🕸️ on webmining.io

GoldSeal

legendary

Activity: 1862

Merit: 1002

More gold from RealSolid:

realsolid: some of you guys are fucking living in a severe fantasy land worse than me Wink

Hazard

legendary

Activity: 980

Merit: 1000

Quote from: BitThink on November 25, 2013, 10:35:39 PM

What do you think when an exchange is closed (maybe temporarily, maybe not) after collecting millions of dollars from investors?

It was one man's exchange before the IPO, and he could do whatever he want that time. But now? After collected more than millions, then claiming cannot maintain it by one person, and cannot hire some talents to help you with millions of dollars? Unbelievable. Fortunately I did not invest on this guy and his website.

Incorrect. He was not selling shares of the exchange. He was selling shares of the fees the exchange generates. This is an important distinction because it protects him from legal action.

That is to say, you are fucked and have no recourse. I've been posting about this for months now.

@GoldSeal, got a screenshot of that? I'm gonna write an article about this and would love a record of all the ridiculous shit he's saying.

BitThink

legendary

Activity: 882

Merit: 1000

What do you think when an exchange is closed (maybe temporarily, maybe not) after collecting millions of dollars from investors?

It was one man's exchange before the IPO, and he could do whatever he want that time. But now? After collected more than millions, then claiming cannot maintain it by one person, and cannot hire some talents to help you with millions of dollars? Unbelievable. Fortunately I did not invest on this guy and his website.

GoldSeal

legendary

Activity: 1862

Merit: 1002

Best quote from rs that I just saw in chat:

realsolid: I CAN SHUT IT DOWN ANY MOMENT, if you didnt realize this youre a fucking idiot

Who will ever make deposits with this clown ever again? Look at his attitude.

erk

hero member

Activity: 826

Merit: 500

Quote from: dbasql on November 25, 2013, 10:14:50 PM

Agree with OP you only have a few minutes before the Fees become useless at least for now.
Man I really feel sorry for those that are invested in Fees. It seems like a great idea and I commend him for be innovative but this proves that nothing of this magnitude can be run by one person.

There are millions of dollars at stake here, this is looking like the crypto scam of all time.

Essentially the people that paid 0.4BTC per fee share float recently have been scammed, without trade the promise of those fee shares is now worthless, they can't be used elsewhere, there should be refunds.

GoldSeal

legendary

Activity: 1862

Merit: 1002

I was lucky. I was able to login the first minute the exchange opened after maintenance and I dumped my fees above 0.19. My coins have already been transferred out. That RealSolid is a real piece of shit to do this to people.

kelsey

legendary

Activity: 1876

Merit: 1000

what sort of admin openly allows know scammers to promote their exchanges here?

dbasql

full member

Activity: 219

Merit: 100

Ethics and Science need to shake hands

Agree with OP you only have a few minutes before the Fees become useless at least for now.
Man I really feel sorry for those that are invested in Fees. It seems like a great idea and I commend him for be innovative but this proves that nothing of this magnitude can be run by one person.

SaltySpitoon

legendary

Activity: 2590

Merit: 2156

Welcome to the SaltySpitoon, how Tough are ya?

Quote from: Hazard on November 25, 2013, 09:47:44 PM

Unfortunately, those who bought a piece of a now defunct exchange have zero recourse. You can't withdraw that. RS made off with thousands of BTC.

Perhaps as a moderator you're not supposed to voice an opinion, but I know for a fact that you've been around long enough to witness all of RS's antics.

No, I'm free to voice my opinions, I just choose not to do so when I'm not certain or my opinion wont help anyone either way. I was a very early Solidcoin adopter, and spent more than a bit of time around RealSolid. I was never a fan of his attitude, but I will give it to him that hes a talented developer. Really, there is no such thing as trustworthiness. Just the pros and cons of which way you decide to go. If RealSolid thinks he can make millions more by operating the site, why would he scam? If hes done with the project, he might scam. I just don't know, so I have no reason to say either way.

I will say however that if you use MCXNow, get your coins out as per request of the site operator.

Hazard

legendary

Activity: 980

Merit: 1000

Unfortunately, those who bought a piece of a now defunct exchange have zero recourse. You can't withdraw that. RS made off with thousands of BTC.

The big fee sale was what, 2 or 3 weeks ago? Nice thing to do when you know you're shutting down the exchange. Roll Eyes

Perhaps as a moderator you're not supposed to voice an opinion, but I know for a fact that you've been around long enough to witness all of RS's antics.

SaltySpitoon

legendary

Activity: 2590

Merit: 2156

Welcome to the SaltySpitoon, how Tough are ya?

Quote from: Hazard on November 25, 2013, 09:40:49 PM

Oh please... This comes on the heels of a massive fee sale. Call it for what it clearly is; a scam.

Let's not give the herd any false hope; dump your fees for what ever little bit you can get, because RS is gone, and MCXNow with him.

Like I said, I don't really have any opinion on the matter. If its a scam, its a scam, get your coins out like the notice says.

Hazard

legendary

Activity: 980

Merit: 1000

Oh please... This comes on the heels of a massive fee sale. Call it for what it clearly is; a scam.

Let's not give the herd any false hope; dump your fees for what ever little bit you can get, because RS is gone, and MCXNow with him.

Topic: MCXNow Shutting down (Temporary) - page 15. (Read 23954 times)