Post
Topic
Board Scam Accusations
Re: Livecoin.net Scam
by
teeGUMES
on 06/07/2019, 18:37:37 UTC
I would be careful becoming an "advisor" to Livecoin just because you run their signature campaign. With ToS like theirs for however many years they have been operating it doesn't change the fact that what they were doing was illegal/immoral and just because they change a few things because they finally have DT1 eyes on them it doesn't change anything, just a further form of deception. This will not end well. Do not attach your name to this sinking ship any further than you have.

Regardless of OP not having shown balances and everything, Livecoin has stated their views and essentially repeated their garbage ToS aswell as calling coins like mona and monero trash coins due to the fact that the dev teams will not compensate them for having been double spent on. An exchange should have a division that monitors the coins that they list, whether it be updates, hash rates, new hardware coming online... the amount of confirmations needed before deposits/withdraws are accepted are then raised when a coin is becoming problematic. I highly doubt the Livecoin team has a department that watches and monitors these things for all of the altcoins that they have listed. Why? Cuts into their profits, they just want to list the coin and collect trading fees. The sure sign of a company that grew too big too fast and does not spend more on the increased security needed.

I am trying to help, more than anything. If it is as some say and there's nothing known about LiveCoin or who operates it then the OP runs a larger risk of losing money if I were to jump ship and point fingers instead of trying to mend the ship. But as I said earlier, I expect it to be a challenge and it is one that I won't just shrug off because it gets too difficult. My reputation/name I could not care less for.
As long as you are being paid right?
Id like to refer everyone to the ~Hhampuz thread. DT1 members should not be acting or speaking like this no matter their past or connections, shady exchanges/businesses should not be able to buy DT1 loyalty like this.
I'll stop here because the rest of me just wants to bash you further but I don't want that. Get out of this emotional and irrational spot you're in and learn from it.

Edit to clarify: "Bash" as in I no longer wanted to make my reply about a personal attack and derail the thread. I do not condone violence in any way.