Post
Topic
Board Securities
Re: WARNING Cryptostocks.com INVESTORS SECURITY FLAW
by
nwfella
on 06/03/2014, 09:46:34 UTC
What the hell is going on.  It's obvious at this point that FIREMINE/ALTSWAP/MINECO/maybe others?  Are a SCAM!!!  This "hack" has nothing to do with cryptostocks, altswap is just trying to rip all of us off by dumping all the shares they have to clean up the order books and abscond with the money.  They even went so far as to issue 100000 more altswap shares to clear the really low buy orders out.  What is more absurd is that their mineco is still listed, and being traded!  All of these listings have the same owner "info@altswap.com".  This is freaking absurd.  Why hasn't cryptostocks come here to a) Refute claims that they are easily hacked and b) Warn traders about this OBVIOUS SCAM!?!?

After seeing this thread I lost 0.12 BTC to altswap assuming they were acting in good faith.  Had cryptostocks been paying any damned attention to how altswap is manipulating their system, they would have halted trading on these SCAM stocks immediately and refunded as many traders as they could out of ALTSWAP's account balance.

Scammers will be scammers, but cryptostocks.com making no attempt at all to monitor and resolve this situation makes me extremely weary of their service.
Could not agree with this gentleman more.  Obvious firemine, mineco, and altswap are a singular scam effort at this point.  These are only a few in a long-line of scam-shares that have been posted on CS.  The fact that the CS admin can lead one to only one of two conclusions:
1.) Some sort of obvious kick-back in the aftermath of each scam
2.) Admin is earning so much with transaction fee's he figures, if it ain't broke (insofar as to what it earns me) why fix it?