Post
Topic
Board Announcements (Altcoins)
Re: [ANN] (WC) | WhiteCoin | NEWS: Foundation, investors, WhiteOS ☯ whitecoin.info
by
Jugglex
on 10/11/2014, 23:30:38 UTC
Thanks for the heads up...looks like a nice exchange.  I agree that Mintpal really killed some awesome momentum that this community has worked hard to build.  It would be nice to centralize some of the trading again to build back an active market around WC.

Yes, Mintpal have killed Whitecoin momentum and probably some Whitecoin investor (!). For example, I had some BTC funds on Mintpal only for the WC/BTC market. Now these funds are, let's say, "frozen" (most likely lost...). This was a very unfortunate circumstance. The good news is that Whitecoin funds on Mintpal was not stolen, hence they are not in the hand of some scammer as many other coins (stolen coins will be probably dumped in the near future, ~5000 BTCs included).  Whitecoin has been delisted from Poloniex for low volume and it is a risk on Bittrex now (mostly because Mintpal hosted the main WC/BTC market). At least we have a new "home" on Bleutrade: an new exchange with low volumes but with great potentials. Bleutrade needs a "killer-coin" and it can compete with the major exchanges... Whitecoin has the chance to be the Bleutrade killer-coin :-)



Right.
In my case when I started to see the MP caos and late to withdraw I thought the best is to wait for some dumpers in a liquidity coin, and I bought DRK at o.oo4. After some days and when withdrawals started again I could transfered to Cryptsy. So in this one I was lucky. Sad for all the crowd that is still waiting. Really bad experience on MP. Diversify exchanges is very important for tradersand to be honest I am a little paranoid.
For luck all my WC are on a safety wallet. It is my only long term coin. And I am picking up more with my profits trade while is being under 100 satoshis buying as I can. Yesterday I arbitraged my Drk to Ltc at 0.0101. Will see.
I would like to hear about how is the WC work in progress and what is we need to go forward. And also the foundation status.
I appreciate who can say some words about it.
All the best
Jugglex