Quote from: Crypto King on March 25, 2015, 10:32:26 AM

I feel very sorry for the person who sold 11000 xbs but feel great for the person who bought them.

About as smart as the guy that bought a pizza for 10,000 Bitcoins on May 22, 2010

http://www.coindesk.com/bitcoin-pizza-day-celebrating-pizza-bought-10000-btc/

Some people just cannot see past the next day. They were likely selling to buy DRK because it is on a tear. But, it is going up due to the rebranding, nothing else. It is not being USED for anything, yet. It just "can be" used in the future.

Bitstake's platform / exchange is brilliant. Current Remittance payments are 20% and Bitstake is going to offer 1% or less. That is the easiest sell in the WORLD! I would be the RICHEST man on earth, if that was all had to sell. Then on top of that they will have XBS trading on the same exchange that has dozens of features and will be GOING THRU THE ROOF!!

So people will say.... HMMM....

A. I can transfer my money in fiat and pay 20% to a middles at a few days delay ( or )
B. I can use Bitstake and transfer my money at 1% or less, instantly, and use XBS that is going up in value 500% a month !

WE ARE TALKING $21 BILLION IN NIGERIA ALONE !!

This is not a BRAND NEW business model, several competitors are making a fortune doing this in in other countries. People put 2+2 together last year !

http://disrupt-africa.com/2015/03/beam-hopes-ethical-pricing-prompts-surge-african-bitcoin-remittances/
http://www.coindesk.com/bitpesa-1-1-million-bitcoin-africa/
http://www.newsbtc.com/2015/02/18/will-bitcoin-foster-new-breed-remittance-market-africa/
http://www.cnn.com/2015/02/17/business/bitcoin-africa-unbanked/index.html