Be careful livecoin.net uses lack of knowledge about contract addresses to steal their clients ETH.
On the basis of clearly illegal disclaimers they negate any claim to transferred ETH from contract addresses (most new users do not know whether their provider uses a regular address or a contract address). They state the total untrue fact, that they cannot process transactions from contract addresses and say that the deposit is lost even though the amount is clearly visible on etherscan.io. (fortunatly I only made a small deposit valued at around 150 USD https://etherscan.io/address/0xaa0ce64e90bdd03fcfd2abd0230c0a2f4dad0bcb)
Once the depositted amount is on the users wallet at livecoin.net it just does not show up online. After a couple of hours livecoin personnel accesses said wallet (which they shouldn't be able to do in the first place, as they state it's not possible) and transfers the ETH to their own wallet. This is their wallet, they seem to have stolen 1000s of ETH so far https://etherscan.io/address/0x243bec9256c9a3469da22103891465b47583d9f1
In the country of my domicile this way to conduct business is illegal and the company would be prosecuted for unjust enrichement and misleading clients. A report with the Belize regulator will be placed, but it is not clear if they are responsible for regulating Crypto trading firms.
I recommend strongly to refrain from doing any business with livecoin.net.
Post
Topic
BoardScam Accusations
Re: Livecoin exchange - thieves and scammers
by
maetschix
on 29/04/2018, 18:12:08 UTC
Same thing happened to me, fortunately I only transmitted a meager 0.1998 ETH but it's still about 150 USD they stole from me.
ETH showed up on my livecoin wallet address after a few seconds, so everything worked out fine, but it never showed up online. Then a few hours later someone transferred my ETH to another address.
No staking rewards in 6 days now, I do not own much, but still 360, and that should stake daily, it did so in march and beginning of april, no not anymore, this drives me mad. anyone else experiencing the same?
I typically got staking rewards at around 5-10 xptx, now the rewards have gone down to 0.37 and 0.13. I use coin control to keep my stakes at around 100 xptx each. Is it possible that staking rewards were reduced?
In march I got daily rewards, now I have more coins and I get hardly a reward every 3 days, something seems off... anyone experiencing the same?
Been staking PHR 24/7 for weeks now, no reward... does one need a masternode to get any kind of reward? Nothing for the small folks i guess... too bad I really like the project
Is there a way to see the network weight and how long it would typically take for stake rewards? All other PoS Wallets show this.
Hi all, on 22nd of March I transferred 50 PHR from Cryptopia to my Wallet. I generated a new address PEF1xFzfzrQHK4ACn9r5F3uiMqQyNrDni1. When I use the explorer I see that the 50 PHR are there. But on my wallet nothing shows up. Now 2 days have passed and still nothing... what's going on?
You need to check 2 things: 1. Do you updated the latest version of wallet ? you can download it on the official website (https://phore.io/#wallet) 2. Do you synced the latest block ? you can check the last block number on explorer (https://chainz.cryptoid.info/phr/)
You can try repair your wallet or rescan blockchain files.
Thanks for the quick feedback areschen. Did all that. Installed the new wallet, ran several repair codes (rescan, zapwallettxes, reindex) but my deposit is still missing. I checked the address again and again, it's correct... Can 50 PHR just disappear like that?
I see 50 PHR on the public key you posted, which means it certainly has not disappeared (and no, it can't just disappear). If that address is one of yours, then you have your 50 PHR, and it is just a matter of your wallet not seeing it if it is not looking at the correct blockchain, which likely has to do with the wallet not being upgraded before block 250,000.
I would suggest you to double check the version of the wallet is v1.2.2 (About Phore Core will say v3.0.5-53, but if you go into the debug console and type getinfo, it should say "version" : 1020200), and using that version, try another Delete Local Blockchain Folders (-resync) and let the blockchain fully sync to the current block. If the address you posted is in that wallet, that should get it to show up. You are welcome to stop by Discord for further support if you need it.
Moonshot Phore CTO
Thanks Moonshot, that actually worked. But now all my staking rewards (roughly 20 PHR) disappeared... Still better than losing 50 I guess...
Hi all, on 22nd of March I transferred 50 PHR from Cryptopia to my Wallet. I generated a new address PEF1xFzfzrQHK4ACn9r5F3uiMqQyNrDni1. When I use the explorer I see that the 50 PHR are there. But on my wallet nothing shows up. Now 2 days have passed and still nothing... what's going on?
You need to check 2 things: 1. Do you updated the latest version of wallet ? you can download it on the official website (https://phore.io/#wallet) 2. Do you synced the latest block ? you can check the last block number on explorer (https://chainz.cryptoid.info/phr/)
You can try repair your wallet or rescan blockchain files.
Thanks for the quick feedback areschen. Did all that. Installed the new wallet, ran several repair codes (rescan, zapwallettxes, reindex) but my deposit is still missing. I checked the address again and again, it's correct... Can 50 PHR just disappear like that?
Hi all, on 22nd of March I transferred 50 PHR from Cryptopia to my Wallet. I generated a new address PEF1xFzfzrQHK4ACn9r5F3uiMqQyNrDni1. When I use the explorer I see that the 50 PHR are there. But on my wallet nothing shows up. Now 2 days have passed and still nothing... what's going on?
Only 50 at the minute which I realise is quite a small amount compared to most people on this thread that got in earlier! I will be adding more but most of my money is in other coins I'm holding!
Yup, you probably need 300 to 500 coins to get multiple per week or daily staking reward.
Just in terms of fun, this is one of my favorite coins... Like right now the network weight is 220,000 out of 582,000 total coins = 38%... So if you manage the blocks with coin control you can generate a pretty astronomical annualized return... When the Dev releases the new Roadmap this coin may surprise a few people
What would you suggest? Lumping them all together in one block or just let it go and let it keep splitting? I started with 183 XPTX in July of last year and now have just under 600 from staking alone. That's more than I can account for with 230%. But then again I'm not factoring each individual stake when I try and calculate this.
230% doesn't account for compounding aspect, so it is much higher. I would try not go under 50 coins for each stack but experiment with different sizes until you find a sweet spot. It takes longer to stake when a stack size get very small.
Yes, consolidating small blocks < 50 to size 200-300 using coin control significantly increases return... I can now prove it using the explorer Rich List after I moved past #31 into #30... The only difference between #30 (me) and #31 (random guy) is that I have "blue" consolidation transactions... And dumping the last 100 tx for each into Excel...
So that's a huge 32% extra coins/hour over a 2 week period... and results in an annualized return that hits a ceiling at 650-700%
How do you consolidate blocks exactly? Just combine different sizes with coin control and send to myself? or do I need to generate a second wallet address?
Hello there, I am also a total noob regarding staking. I have XPTX in the wallet since almost a month now. Added coins to reduce the time until i get staking rewards, i hold 120 right now. And now since 5 days it says "expected reward in 2 days" but still nothing. Is this normal?
As a fellow noob I could well be wrong but I believe it's due to your weight vs the network weight, so more people staking at one time means the reward will take longer to come through?
Makes sense, but after another 4 days it still says 3 days to go until staking reward and the total weight is more or less the same (around 330k). My weight remains always the same though at 120. I run this wallet 24/7 since over 20 days now and nothing. On my Condensate wallet I got a reward after 2 days of staking and I have much less money on there (2500 RAIN), furthermore my weight keeps increasing every day.
Do I need to have more XPTX or is my wallet not working properly?
Turns out I was just too impatient, first stake reward received today. Just make sure your wallet is online and unlocked, eventually you will get a reward.
Hello there, I am also a total noob regarding staking. I have XPTX in the wallet since almost a month now. Added coins to reduce the time until i get staking rewards, i hold 120 right now. And now since 5 days it says "expected reward in 2 days" but still nothing. Is this normal?
As a fellow noob I could well be wrong but I believe it's due to your weight vs the network weight, so more people staking at one time means the reward will take longer to come through?
Makes sense, but after another 4 days it still says 3 days to go until staking reward and the total weight is more or less the same (around 330k). My weight remains always the same though at 120. I run this wallet 24/7 since over 20 days now and nothing. On my Condensate wallet I got a reward after 2 days of staking and I have much less money on there (2500 RAIN), furthermore my weight keeps increasing every day.
Do I need to have more XPTX or is my wallet not working properly?
Hello there, I am also a total noob regarding staking. I have XPTX in the wallet since almost a month now. Added coins to reduce the time until i get staking rewards, i hold 120 right now. And now since 5 days it says "expected reward in 2 days" but still nothing. Is this normal?