I agree with the token setup.
its not that hard. (assuming ccex follows correctly)
Token given 1:1 for xvg. ok with me?
You can trade your token for btc if you want. at any price. price is now 80sat... why would you sell it??
they are saying they will buy it at market value. So DONT SELL IT BELOW MARKET VALUE.
Put your 'sell' mark at market value. atm around 600sat.
the only ones that are gaining, are the ppl BUYING at such low numbers.
not that difficult a concept to understand.
(again, assuming they buy at market value)
Best advice. everyone PULL your sell order.
----Problem i see. how to prove that they are buying ANY of the tokens with btc, until someone
lists at the proper amount.
ie: list at 600. if they buy it like they say they will....
its kind of a mess.
im not defending ccex. i am explaining the Token idea.
I dont like ccex ...too slow.
i have some coins in ccex.
I inferred or assumed, they would be exchanging the tokens 1:1 with real XVG. The big questions is how soon. Could grab a bunch of them and make a killing. Or be a new kind of bag holder. I've already gotten tokens from other exchanges, and that didn't end well. This could be different, the amount of BTC is not very large, so the pay back time should be relatively short.
Just found
https://bitcointalk.org/index.php?topic=418700.msg31517864#msg31517864 I stand corrected. (Guess I assumed). This means their out to screw everybody. Do you think they will be buying once the token price is greater then the real price? They really should be buying XVG and exchanging for the tokens. Not just buying the tokens.