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Showing 5 of 5 results by elikay770
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Topic
Board Altcoin Discussion
Re: ETH v NEO
by
elikay770
on 28/01/2018, 20:56:27 UTC
Both are very solid and have great potential for 2018. Expect to see them both gain more traction in Market Cap and price. Smart Contracts I believe are one of the best Crypto investments. In the past I have been drawn into various ICO and cryptos based on hype/advertising and then realised I was basically backing projects which had very little reason, and certainly no "urgency" for investors to back them or purchase the coins.
However with NEO and ETH and other smart contracts there is always an immediate need for investors to buy the coin if only to use them to get into new ICO's built on the NEO or ETH smart contract, plus those investors who realise they are in demand and are therefore a good medium/long term hold.
Post
Topic
Board Speculation (Altcoins)
Re: Token price fall after ICO
by
elikay770
on 11/01/2018, 19:25:57 UTC
Many investors are those who have made profits on previous coins, & are looking to use their new found profits to get in early on new deals. They scoop up the first tranche of coins at significantly discounted rates. Not surprising therefore that many of these investors dump a portion of their discounted coins early on to take out their initial investment and leave the 'discounted' coins until they start to show a profit - if ever!
Post
Topic
Board Announcements (Altcoins)
Re: [KAYI] Kayicoin
by
elikay770
on 21/12/2017, 20:07:49 UTC
what happens now with this coin?

Can I buy and sell in Crytopia or not???

How can I exchange the KAYI after buying it, to BTC better or to ETH? Smiley

Thx for help

I would also like to know what do do with the coins I hold on Cryptopia?
Why do they need to be sent to MEW - and then to Mercatox?
What happens if they are left on Cryptopia.
All a bit confusing
Thanks!
Post
Topic
Board Exchanges
Re: CEX.IO Withdrawal times - any experience?
by
elikay770
on 12/12/2017, 10:50:40 UTC
I deposited money to CEX.IO last Monday. I made a same day wire transfer, however it took until Friday before the funds were available. (Other exchanges have made the funds available the same day)
I then decided to withdraw the funds immediately since the market was so thin, and would require buying at much higher prices than available elsewhere.  I advised CEX.IO immediately that I had decided not to trade, and that I wished to have my funds returned. However, their compliance team replied that I had to fill in various AML/KYC forms that had previously been sent to me, in order for them to allow me to make further deposits (!) and marked my request as 'solved' (!)
I replied immediately that I was not asking to make further deposits, as I had decided not to trade, and was simply requesting that they refund my funds to the bank account that I sent it from, which should not require any AML/KYC, the laws of which I am very familiar having worked in the financial industry myself.
I subsequently received an acknowledgement that my withdrawal request "has been processed", and we'll see how it progresses.
I sincerely hope CEX.IO will in fact refund the money, although it is very disheartening to hear the problems experienced by others, posted here and in other forums.


I'm glad to report that I did get my money back from, but lost about £70 in wire/fees etc and about 10 days in the process - which is a long time in crypto-investing world - especially now. It's a big shame they have such high margins (compared to many other exchanges), very demanding compliance requirements, and slow deposit/withdrawal times etc. Otherwise they could be a top-class Exchange - I truly hope they evolve into that. Just a word of advice to anyone else using them, or having issues, that you WILL get your money back, but it may take longer than hoped, and will require patience... and if you're considering a GBP deposit, perhaps reconsider and make a USD or EUR deposit instead until their GBP market fattens up!
Post
Topic
Board Exchanges
Re: CEX.IO Withdrawal times - any experience?
by
elikay770
on 04/12/2017, 10:50:06 UTC
I deposited money to CEX.IO last Monday. I made a same day wire transfer, however it took until Friday before the funds were available. (Other exchanges have made the funds available the same day)
I then decided to withdraw the funds immediately since the market was so thin, and would require buying at much higher prices than available elsewhere.  I advised CEX.IO immediately that I had decided not to trade, and that I wished to have my funds returned. However, their compliance team replied that I had to fill in various AML/KYC forms that had previously been sent to me, in order for them to allow me to make further deposits (!) and marked my request as 'solved' (!)
I replied immediately that I was not asking to make further deposits, as I had decided not to trade, and was simply requesting that they refund my funds to the bank account that I sent it from, which should not require any AML/KYC, the laws of which I am very familiar having worked in the financial industry myself.
I subsequently received an acknowledgement that my withdrawal request "has been processed", and we'll see how it progresses.
I sincerely hope CEX.IO will in fact refund the money, although it is very disheartening to hear the problems experienced by others, posted here and in other forums.