Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Shiver
on 27/09/2017, 04:46:56 UTC
Just wanted to make people aware of a site called https://megaexchange.trade/ which looks very much like a scam site.

I sent 1 Gbyte there to exchange, with no response.  I wrote to them and the site suddenly went down as soon as I did (or at least it has decided not to respond to this IP address, which is on DHCP so changes sometimes).  A couple of days later it came online.  I'd saved the transaction number and the content of my email before sending, so sent again today.  What do you know the site went down again ("Internal Sever Error" is what it displays).  I'm curious to know if it 'appears' to have an error if anyone else tries to view the site.

I also saved the send and receive addresses, and it can be seen that it was received without issue, and promptly moved here:

https://explorer.byteball.org/#W6GFF5J7USIMLNAXT2GSSXHIUPJVYEO4

When searching google I can't find anything suggesting it is a scam (which is what I looked for before sending to the site since I'd never heard of it), so I'm writing this now to at least start the ball rolling, and strongly suggest that nobody use it.


Site loaded for me. You should use VPN (I recommend airVPN). Then you can quickly change your IP to see if the site is really offline or you were just blacklisted.

I'll try that and see.  I have a feeling they're blocking my IP and sending me a bogus server error response so as not to have to respond to me.

Did you send 1 BYTE or actually send 1,000,000,000 BYTES (1 GBYTE)? It is a common mistake. Even if 1 GBYE not enough money for an exchange to play games such as you are suggesting. To send 1 GBYTE the amount sent in the wallet must be 1,000,000,000.

I sent 1GB (~$200+).  The byteball explorer link above shows the actual transaction.

If I were a trader and live/die by the sword and took a loss that's one thing, but traps like the above have got to be illegal surely(?).  I was just swapping out 1GB to go to PayPal in USD (or so I was led to believe).  The 1GB was actually a test before moving more.  I've made this mistake in the past when I had 50 BTC in Gox, and was told that things were getting shaky, so I removed 40 of them and asked for the remaining 10 to be converted to fiat.  The last part didn't happen.  The only reason I did that was because at that time BTC was worth a lot less ($113.30 each) and if converting only 1BTC would have had a huge chunk eaten by T/T fees.  From today's perspective that sounds crazy of course  without the context.