Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XSH] TOR/i2p, Quantum proof, MN, PoS/PoW, Fully ano, SHIELD
by
Guido72
on 25/07/2018, 20:30:45 UTC
I'm worrying now for the first time about this project. The new wallet at CoinExchange.io is in maintenance mode for weeks. Dev strongly recommended to use mainly this exchange, and to ignore Stocks.Exchange. Maybe CoinExchange.io is not the best option at all. I’m losing trust into this exchange. Also the market trend of XSH is worrying me. If the wallet at CoinExchange.io is not updated the next days, I’m probably going to sell all my coins (it’s a lot!), and skip this project. I hope this won’t be necessary.


The reason why we told people to use coinexchange over stocks.exchange is because some people in our community lost coins using stocks.exchange and it didn't work as good as coinexchange. We've contacted coinexchange a few times about the wallet, and like many of our community members, they told us that they're working on it. It's weird that an exchange that isn't responding quickly makes you turn away from SHIELD as we don't actually have that much influence on our exchange but of course you can do with your coins what you want, in the end they're yours

I agree this may sound weird, at least at first glance ;-) Let me explain it to you. When investing in crypto currencies I'm always checking several characteristics. One very important attribute for me is "liquidity". I want to be able to buy or sell coins at any time! When markets change unexpectedly, I don't want to be stuck with my coins. If exchange wallets are now offline for a long time, this criteria is not met anymore, meaning I cannot deposit nor withdraw my coins. This is a risk I don't want to take, especially not when invested a lot of money. SHIELD may be one of the best altcoins available currently. It has great potential. But since the amount of exchanges is limited, I have to evaluate carefully taking that risk.