a takeover won't do. you need a really strong plan to revive a coin. if the c-cex was given a fake id and failed to see this then i think people should get refunds. if it happens some nice profits to be made
It's doable - a community takeover behind a solid dev willing to submit to POD (and get 5+) could salvage this coin, assuming C-Cex doesnt refund (which I think would be a bad, short-sighted, possibly fatal business decision for them).
strongly agree with your opinion,,, waiting for c-cex's response
Just out of curiosity did anyone stop to think that an exchange cannot force a dev to stick around? Can you predict the future? Or is this concept too hard to grasp? All I see here is a bunch of people crying over an exchange when it was the dev who ran off... .how the hell do you expect refunds when dev has the money and this is crypto if you want refunds go back to fiat and the trust system you obviously have no place here.
Crypto doesn't mean a safe sanctuary for scammers.Since crypto is not regulated by any organisation or govt its members, community,pools and exchanges should come forward and devise some guidelines to safeguard the interests of miners and investors.
In this case an exchange, a big organised organisation is/was in better position to have some guidelines to safe guard the interest of it's traders.And failing to do so they should take the responsibility of the scam.
So you are basically saying an exchange should cover the losses of developers that run off? You do realize how stupid that is right? How would any exchange force anyone to continue development of any coin, if you know of a way to force people to do things then you have figured out something amazing and unheard of. The dev showed their ID, promised the exchange to deliver the wallets and networks, then took off with the funds while the coding dev dumped his 200k they were supposedly using for a anon mixer. I'd like to know how anyone could predict this scenario with 100% certainty and then guarantee that for investors in decentralized monetary system......
An exchange as compare to members or pools are professional organisation and they must have some guidelines to protect the intrest of it's traders -
-Why they have released all the funds immediately to a dev verified by them despite of recent scams?
-Why they didn't warn the investors of the risks associated with it?
Investors bought it not on the reputation of the newbie dev,but they bought when they saw "verified by an exchange". So it's responsibility belongs to the exchange not that anon ,newbie dev.
I agree, since exchange verified him, they should request BTCs back. If he refuses, then they can publish this scammer's real name and other info, so he can no longer continue cheating other people.
yes, support your idea, c-cex should take responsibility , or there will be no any other trust to their ICO
this is the first term: Submit to either coinssource.com or cryptoasian.com for verification
After the ICO period ends:
1. Bittrex will verify that the terms of the ICO are met; if it is met, it will start the escrow payment process 2. If the terms are not met, Bittrex will refund all purchasers of the coin
Actually the "Submit to either coinssource.com or cryptoasian.com for verification" is before starting the ICO, but I believe the dev didn't do it, did anyone ask Bittrex for the verification?
Let's ask them. And if the conditions are not met we can just get the refund. If they are met, everyone can decide for themselves what to do next. For now, it would be best to hold the sells and get Bittrex info.
conditions are met since bittrex allowed trading, they wouldn't allow it otherwise how do you think refund will happen when many ICO investors already sold their CLSTR and withdrawn their BTC?
For example buy wall at 10.000 sat. 350 BTC Value. If there is somebody who sold and a withdrawn BTC....well this person is obviously not a part of ICO investors anymore...Hold your coins, it could be a good idea
yes ,this is a good way to refund!
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BoardAnnouncements (Altcoins)
Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT!
I guess dev is trying to figure out what he will spend the 350 BTC on instead of helping to slow/stop the manipulation of his coin....
What do you suggest? I mean there is not much I can do with FUD at this point. Regarding all the panic and fear - investors are free to do whatever they want with CLSTR - even dump it with 40% loss. Neither me nor Bittrex is involved in trades.
Also It is not very good for dev to comment on trades, so from now on I wont reply to anything related to the trades.
dev ,you need not to deal with the fud ,but need to tell every body some thing that you believe or are doing . Spread confidence to the communiyt
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BoardAnnouncements (Altcoins)
Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT!
FUD means only buy signal. There aren´t any bad news. So it´s only manipulation. Devs don´t even get their ICO money yet. (Escrow being held for 3 days per Bitrex ICO terms) Price will recover and uptrend is comming. Coin has great potential. Good inovation.
yes , fly up to moon !
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BoardAnnouncements (Altcoins)
Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT!
by
fortheson
on 22/08/2014, 08:08:30 UTC
whatever the coin is , no need to sell below IPO price!
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BoardAnnouncements (Altcoins)
Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ FEW HOURS LEFT
by
fortheson
on 22/08/2014, 01:05:33 UTC
how to download the wallet???
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BoardAnnouncements (Altcoins)
Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ FEW HOURS LEFT
by
fortheson
on 22/08/2014, 00:55:02 UTC
see if the IPO can be sold out!
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BoardAnnouncements (Altcoins)
Re: [PRE-ANN] RootCoin [ROOT] - ANON-tx using BitKey™- PoW/PoS + Proof of Investment
by
fortheson
on 21/08/2014, 12:32:02 UTC
waiting for the big launch come
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BoardAnnouncements (Altcoins)
Re: [ANN] NeosCoin [NEOS] - with Arbitrush, Multi-Algo, In-wallet trading & More
The Proof of Dev (PoD) will clear up all this dumb shit FUD. It is not a scam. Anyone saying that it is, is trying to get cheap coins from those who panic.
some body is making panic words to help himself get on the bus at a low price. catch the oppotunity
this is a long term coin, and has made a lot of work out before
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BoardAnnouncements (Altcoins)
Re: [ANN] NeosCoin [NEOS] - with Arbitrush, Multi-Algo, In-wallet trading & More
The Proof of Dev (PoD) will clear up all this dumb shit FUD. It is not a scam. Anyone saying that it is, is trying to get cheap coins from those who panic.
some body is making panic words to help himself get on the bus at a low price. catch the oppotunity
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BoardAnnouncements (Altcoins)
Re: [EQX] EquinoxManagement "Make The Right Choice" [IPO stage 1]