Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] BITBASE Escrow Technology Changing Smart Contracts as Whole
by
dionebtc
on 05/11/2017, 15:12:02 UTC
This BS doesn't make sense, how could the issue only be coin dumping from miners on coinexchange.io?

Transfers from coinexchange.io to BtB account and visa versa were not possible... as addresses to the on site accounts were never made available and the button for transferring coins out were greyed out and not accessible, so the site was not affected, however coins were allowed to be transferred from miners to get dumped due to the lack of trading on the BtB site causing the crash.
And since there was little to no trading on the BtB site exchange... the real issue seems to be that the $0.02 ICO price is what destroyed the platform, by allowing millions of available coins to be dumped at ridiculously low prices for massive profit on site.

Mistake count
#1: Price spread, $0.02 ICO, $0.20-$1.00 for everyone else

#2: They realized the $0.02 ICO mistake and massive coin quantity will cause a dump so they restricted 15% per day coins available at beginning of platform lending, allowing only major holders to
      dump larger quantities.

#3: Realizing major holders dumping their 15% of coins is still crashing the on site price they lock all investors coins in a loan without permission at about $1.20 per token, to prevent dumping.

#4: Telling everyone that they have massive capital to rocket the price so don't dump the coin. (read on)

#5: Realizing that they just pissed off every investor they have by locking the coins in a loan, they release the coins out of loans after the price tanked to around $0.30 which caused more dumping, as
       that's all you could do as no one is stupid enough to loan the coins at $0.30 when they were just locked and unlocked at $1.20.

#6: Allowing miners to deposit to exchanges directly while Investors were locked out of transfers, that's what miners do, dump, dump, dump. BTC, BTC, BTC. Miners don't care about any coin but BTC!

#7: Not buying back their coins at a reduced rate when they had the chance, all those coins they sold at $0.30-$1.00 could have been bought back at under $0.20+/- on site or $0.10 on CE.IO reducing
       market availability, and leaving them with around 65-70%+ of the ICO funding, while rocketing the price like they said.

#8: Realizing every move or non-move they make is making things worse, they apparently decided to allow tokens from the site to be transferred to a wallet which seemingly only worked for select
       people (large investors) so they could transfer to coinexchange.io to dump the coin in the hopes that people would start to trade onsite raising the price, or kill the coin outright since it is dying
       already, screwing everyone else, blaming mining.  (there...#8... that's my conspiracy theory)

#9: Where is my BtB visa card?? (seriously though)

#10: Yakov Fabrizio has not explained the plan for the coins on coinexchange.io? or coins transferred into the wallets. Anyone unlucky enough to trade is going to get burned I bet. That would be
       mistake #11, no one will trade the next coin if they screw over the coin holders at coinexchange.io. Unless they want to kill the next coin as well.... if it happens...


Holy Yakov Fabrizio banana coin split, Batman! Is this Joker going to get away?!?

Not to mention the believers who have bags and bags of btbc on coinexchange...people who are still waiting to transfer btc/eth OUT of their system for days now...what a shit show.