Post
Topic
Board Announcements (Altcoins)
Re: Regalcoin – X11 Decentralized Cryptocurrency
by
jravago
on 30/10/2017, 13:09:20 UTC
Alrighty I read that new accounts can be locked out sometimes? Does that mean I'll be locked out.
Only the ICO accounts are locked up. If you have been here pre ico they are locked up, new accounts aren't having any problem! If you don't want to deal with the regal site, you can download a wallet from their site and buy off of coinexchange.io and transfer them to your staking wallet!

Where is your regal coin locked? Is it locked in your stacking wallet (is this mean the wallet you got from downloading from their site?) or their website? If you were to transfer them from their website to your stacking wallet 2 weeks ago before locked, will you be able to sell all the regal coins you got now if you were not lending the coins?
For ICO accounts this was the timeline of events. Oct. 1st lending opens and everything is fine. A couple of days later listed on coinexchange and everything was still fine. I believe it was the the 9th or 10th when I go to bed with 770 coins on their site and wake up with 0. At that point everyone's account that afternoon was lock due to a big glitch. They had put the coins back in my account that night and opened back up my account for about 24 hours. In that 24 hours, I quickly downloaded the staking wallet and transferred them out, because of this glitch (I did leave a couple 100 on there though). Since, they re-closed it about 20 days ago all I can do is reinvest interest made on current loans. As, for my staking wallet, that is free and opened and I had already liquidated many of my coins due to that glitch. I do believe in them and have a $4,000 loan with them, but I just couldn't risk losing some major gain I had made, like never before. Hope this explains the timeline. I don't know if everyone was lucky to have it reopen for 24 hours there after getting shut down after the glitch! The big problem is, if you weren't an ico account, you never had this glitch and stayed open free and clear this whole time to buy and sell and loan. Monday, the promised day of re-opening is over in 5 and a half hours in hong kong, then what? No, official update since october 6th with all these accounts locked up, not good business practice at all!

So if I created new account, it wouldn't be locked and I will not have any issues with it?