Quote from: TrueAnon on May 12, 2015, 09:02:51 PM

Quote from: Bitstake on May 12, 2015, 05:24:36 PM

Bitstake is operating in Nigeria which currently doesn't have any laws regarding digital currency.

Bitstake exchange not working - Not true
Only a Nigerian IP can access the exchange, foreign users are blocked out due to their state laws. If you sell bitcoin to Naira, how are you planing to cash out to naira. Considering the latest Fincen stands on USA companies, I am sure most of you will consider that as a good move.

Lending platform not working- false
Don't forget we're still in beta and people can still test by listing their loans applications. The only part left is the investors wallet on the platform, this is left out until we figure out who and who are allowed on the platform.

Within this past few months, we have achieved what other coins are trying to do for years and still failing. We entered mainstream adoptions, unbanked are using XBS and bitcoin. Our sms wallet is active with both bitcoin and XBS.

We already paid for Bitstake ad on 2 Nigeria's most popular websites.

Dev very nice to see this, thanks......not sure where the ill-placed FUD is coming from Huh

Annnnnnnd of course here comes the expected (and useless) boko-haram and terrorist comments related to nigeria lol - love how it's just perfect to fud xbs with Roll Eyes

- from teens who have NO IDEA what they're talking about, yet trying to throw more shit on the pile in this thread. Guys not going to work, most xbs holders are strong hands and not worried about nonsense comments on this crappy forum lol...nice try though.

It's coming from the fact that there were a bunch of coordinated pumpers making all kinds of ridiculous claims and the fact that a few of the shills were attacking anyone that questioned anything and yelled fud fud fud whenever anyone was critical or asked legitimate questions.

Posts like these didn't inspire any confidence with the obvious ridiculous claims from pumpers like this:

Quote from: DrMikefromHashtag on April 24, 2015, 03:55:01 PM

TO THE NEW XBS INVESTORS:

Bitstake is the single BIGGEST thing to happen to crypto, since BTC. I know the business model has not sunk into everyones head yet.

This is poised to go a $100 million dollar Market cap (probably a lot more). Likely multi-billion.

Invest 1 BTC and HOLD! Do not day trade it and you will likely have 100 to 1000 BTC in Months.

Do not get greedy and try to day trade. You will lose, because you never day trade a (stock) going parabolic. Same applies here.

You are a part of history. Buy 1 BTC and forget about it.

Thanks
Dr Mike

PM me
or
Follow me on Twitter:
Doctor Mike
@DrMikesCoinTeam

"My team is buying the next 10x coin in May, Now!"

These pumpers making ridiculous claims and telling people to buy and hold while they sold. There are also many other red flags but I won't get into that. It's up to individuals to do their research.

The remittance business does have potential and a legitimate coin to be used for that purpose could potentially be successful. The problem with this coin it was launched five months ago with a bunch of promises and no infrastructure in place. The correct way to launch a coin of this type would have been to have the remittance infrastructure in place and then launch the coin when it could actually be used. The way it went the coin was launched first, then came the promises, delays, etc... just like all the other failed coin projects that never intend to deliver and are just a vehicle to increase the wealth of a few individuals before being abandoned and the parties involved move on to their next scheme.

Moderated threads should not just be used for the purpose of deleting posts that are critical of the project. The mod function should be used to delete all those pathetic "to the moon" "overtake bitcoin in months" and all the other obvious pump posts that do nothing but make intelligent potential investors just shake their heads and laugh. When there is money involved being professional is extremely important. I think that is why none of these altcoins are ever going to be taken seriously. An outsider looking in only needs to read a couple pages to get the impression that it's nothing but a bunch of children playing with their hobby. Go look on the bitcoin threads and you'll see intelligent discussion by adults. Read through almost every altcoin thread and you'll get the impression that your interacting with a bunch of teenagers still going through puberty.