Search content
Sort by

Showing 6 of 6 results by YourplanB
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
YourplanB
on 18/01/2018, 14:55:33 UTC
S scam you say. The guy above made 700% profit.
I must say it is a nice earning money scam lol

Buy the "Trading for Dummies" book and then you read up on "dead cat bounce", the cat (or coin) still dies.
Post
Topic
Board Tokens (Altcoins)
Re: [Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world
by
YourplanB
on 23/11/2017, 16:26:46 UTC
jamie
I have found out the truth about 3 weeks ago and I spreaded this to my friends to dont go for it in any way !!!!!
This project was full of bullshit from the beginning but many traders fell for it not investigating where this is coming from and what this is all about.
If you visit only markets and see those numbers of course you want to jump in for it but if you look at the format of distribution and that the company who is "giving" them for trading on their platform with ridiculous commisions you know what is going on.
I hope you will get some of your investment back but try to get rid of this crap coz it wont have any value in short future.
No big exchange will list it in my mind
Yup.
It's in livecoin and some other exchanges that are known to be shit and scam.
When (if ever) it gets listed in major exchanges then i'll believe it.



I have traded on the Livecoin exchange for a long time and made many trades, and also transferred various coins into and out of the Livecoin exchange. All my transactions were successful. I my opinion Livecoin is a secure and legit exchange.
Post
Topic
Board Tokens (Altcoins)
Re: [Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world
by
YourplanB
on 23/11/2017, 10:06:51 UTC
Circulating Supply
2,577,480 OTN

Iqoption i see 1,312,540

token distribution from Iq it's 1,312,540 OTN in marketcap see 2,577,480 OTN this 1,264,940 come from??? OTN foundation?

Supposing the price go down because last day put in market over 1 million token from where??? then sell and price go down,that's true?

more token price get down......now my answer this 1,264,940 token coming from where?

just for know about transparency because I not see any news about new token entry from where

That is a good question.

CoinMarketCap is an independent company having their own vision on how to define the circulation supply of any token. In OTN’s case their formula does not do justice and below we clarify it. According to the Whitepaper and the section discussing token distribution we highlight the following:

  • 28,000,000 OTN tokens were given to IQ Option’s team and shareholders. These tokens are NOT blocked and at any time can be on the exchanges and market.
  • Additional 51,000,000 OTN tokens are available only for planned purposes – 30 mil. tokens are owned by The Open Trading Network Foundation, 16 mil. tokens will be distributed every quarter (2 years period) as a bonus to token holders, 5 mil. tokens are reserved to OTN.Wallet users to motivate them.[/size]

https://i.imgur.com/xbUeFnE.png

Therefore, we believe the correct number of the circulation supply amounts to 51,000,000 OTN tokens in total.

Capitalization should be calculated as follows CAP = (TOTAL SUPPLY – 51,000,000) * Token Price
At the moment CAP = (81,038,759 – 51,000,000) * $20.2 = $606,782,932

We believe that this circulation supply calculation provides a more accurate representation to traders and investors concerned about the total number of circulating tokens and risks associated with it.


The problem I have with this is the 28 000 0000 token allocated to the IQ-Option team and Shareholders is the following:

Someone added 1 200 000 token into the market during the course of this week. I am not saying that it was the team and shareholders of IQ-Option, but let suppose for the sake of my below statement that it was them.

That would mean that they would get $43 million to share between them based on the dolor market price of OTN on the 19th November. This would be a reason why the price had dropped so dramatically since the 19th of November (because 1 200 000 tokens was added to the market).

We the poor community trying to support the token and get the market value up with pure trading will never succeed, because if the above statement of mine is true then it also means that as soon as we get the market value up by only few dollars then the IQ-Options team and shareholders can dump tokens again into the market, (for example another 1 million tokens, they will be able to do this 28 times, because they own 28 million tokens) and again they will take about roughly about  $43 million profit to share between them (and again the price of token will drop). 

I have lost about 80% of my OTN investment value since the 19th November till today. We as the community trying to support this token are fighting a losing battle. If I had known about this 28 million tokens allocated to IQ-Options then I would never have invested in this, but I can not blame anyone because I should have done more thorough investigation before investing. This token is only going one way in the future, and that is down.

Post
Topic
Board Altcoin Discussion
Re: ETH and competitors comparing
by
YourplanB
on 19/11/2017, 09:58:54 UTC
What about Emercoin? It is also very solid technology, and good development. Their tranaction cost is very low, and so is current market price. Huge potential for growth and profit
Post
Topic
Board Altcoin Discussion
Yocoin coin swap due on 9 October
by
YourplanB
on 08/10/2017, 18:53:37 UTC
Can anyone confirm if the Yocoin coin swap that is due on the 9th of October will happen on other exchanges like Livecoin also.

On the Yocoin.org site it only states that the coin swap will happen on C-Cex exchange.

The reason why I ask about Livecoin exchange is because I have Yocoins in the Livecoin exchange, and now the wallet in Livecoin is off-line (or maintenance state). So now I can not transfer my yocoins to the C-Cex exchange. Will I know miss out on the coin swap. I did send message to the support of Livecoin exchange but no responce yet. Are other users having the same problem?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CJ] CryptoJacksCoin-X13 POW/POS | Swap In Progress
by
YourplanB
on 28/10/2016, 08:28:24 UTC
I also have more coins to send from the Yobit exchange, but I am not going to send any coins anymore to this address. A coin swap is a serious thing and the Dev need to communicate regularly, especially with the short time frames that he has given for a 1:1 swap. We took a big risk to send coins to this address, and for the Dev to now go silent, is not cool. Until the dev starts to communicate so that we can see this is legit and not a scam, I will not transfer anymore coins. Now I risk that if this is legit, then I will loose on the 1:1 swap. So Dev needs to communicate so that we need to know what to do.

I have tried to get hold of dev on numerous methods and occasions. he does not respond. i get the impression this is scam and I have been scammed. It is risky to transfer your coins to address below and then the dev goes quite. I do not think this is legit.  

Good day Dev, I have transferred my CJ coin from the C-Cex exchange to your wallet as you have stated below. It is two days now and i have no confirmation from you that you have received it. I did send you a PM message as you have requested in the below quote. The spreadsheet link is also not updating to show my coins.  

Guys i believe we have waited anough time for dump to happen which is not happening & hence i am taking a step and planning for a Manual swap for 2 Reasons

1. Bittrex is listing coins with Characters of 3-5
2. To save coin from Scammer of CJ from wealthydice

How to do Manual swap

Transfer coins to my Cj Wallet CWEVmLDUC5wcPmBJ6dfRr8gfFGDpsxkz2v

and send me PM on BCT or Chat with me on Skype : Cryptojackscoin or on FB : Steve John

Swap will be in progress for 10 days starting today and New coins will be issued after 10 days

Swap ratio is 1:1, Incase you fail to swap before 03/11/2016 (10 AM UK Time) then the swap ratio will be 50 CJ for 1 new coin till 07/11/2016

Old coin will remain in market but will be of no use as we will not make any future development and will try to make it die

Swap Can be checked here

https://docs.google.com/spreadsheets/d/1BkmSockATczDGaDtKGSc70si6rg0RJZ36_amDbYzYus/edit#gid=0

New coins will be given within 10 days. Soon we will post wallet

DEV was online yesterday but no answer . waiting for his reply
Name:    pokerowned
Posts:    857
Activity:    532
Position:    Hero Member
Date Registered:    September 04, 2014, 07:41:08 AM
Last Active:    October 27, 2016, 09:47:56 AM
I think before the confirmed return of swap CJ  Huh Huh
we should not send coins to the address for this:   CWEVmLDUC5wcPmBJ6dfRr8gfFGDpsxkz2v
because of the DEV team has had a lot of scams his Cjcoin   Tongue Tongue
we should be more cautious   Roll Eyes Roll Eyes

Too late for that because i have already sent over 100k cj to that address and i doubt the dev will risk his account over this coin swapping issue.
@ dev, i expects to see my name on this list https://docs.google.com/spreadsheets/d/1BkmSockATczDGaDtKGSc70si6rg0RJZ36_amDbYzYus/edit#gid=0
when you come online.