Topic: [ANN] | [CPI] Crypto Price Index | [Hotbit | Bilaxy | Bitforex | Digifinex] (Read 1014 times)

Message from the CPI Team:

"After we opened up trading the price dropped down to follow organic trading. This is expected because as many people sell the price will go down. The same way later the price can go up based on supply and demand.

EXCITING NEWS :  I am currently talking with ZBX negotiating the time for our next listing and I will advise you later. I feel it important to launch CPI on more exchanges to increase liquidity.

Etherscan blockchain explorer doesn’t reflect token sales only token transfers.
I hope this helps and look forward to giving the next update.

Best regards."

"Announcement from Herbert The CEO

I wanted to update everyone that CPI is now free trading on all 4 exchanges Hotbit, Digifinex, Bilaxy and Bitforex.  This means that people can buy and sell but the price will fluctuate accordingly with supply and demand.

CPI has closed the promotional (listing phase) and has now moved into the open trading phase. We have been preparing to start the development of the CPI 10,  our first index coin. The architecture design by our developers is paid for but we need more development funding to complete the index coin. Pending funding we anticipate being able to complete this task within 6 to 10 months. It's very important to launch the CPI 10, this will give CPI good market recognition and a lot of credibility.

 We are also in the process of updating our whitepaper to showcase our future development plans for the different index coins and for our pay app. After this, we feel confident to be able to list on one of the top tier crypto  exchanges.

I have been in talks with multiple investors and we are close to securing major funding which will help us develop CPI quickly. As we have advised before we are still in the middle of a global pandemic which has delayed our progress.

I appreciate everyone’s patience and look forward to taking CPI to the next level.

Best regards,
Herbert Law
CEO"

it is obvious that such news will soon become commonplace. the world economy is in a very difficult situation ... many projects from the IT world will suffer in the near future.

promised to open a deposit on October 15, now the deposit will be opened on January 15, the horror of the whole 3 months of waiting, what is happening with this project, I do not understand at all

As i read project has negative affect by the COVID-19 virus as it happened with many others companies and projects. Hope all will be ok in the future

Statement from Herbert Law the CEO of Crypto Price Index:

"I wanted to give an official update regarding the progress of CPI. Like many businesses, we have been negatively affected by the COVID-19 virus Global Pandemic. It has delayed our progress and investments. Due to the lack of investment funds I was unable to move CPI on to larger exchanges and complete a large World wide marketing campaign. The reason we need larger exchanges is to create more liquidity for trading CPI.  We were unable to accomplish this due to the lack of funding  which has delayed our progress because of Covid-19. CPI is continuing to move forward and needs everyone's cooperation and support during this time.

I am declaring a Force Majeure situation. This means we have an UNforeseen situation and a natural disaster and need to delay opening up wallets and onboarding deposits on the exchanges for 90 days  because of the Covid-19 virus. I plan to open up CPI for free trading Jan 15, 2021 however if we are able to do it sooner I will advise you accordingly.

These projects take time and especially in the midst of a Global Covid-19 Pandemic. We are currently talking to different potential investors, but the pandemic situation is making  the situation more difficult. We will keep everyone updated as soon as we have more news."

If the date is up to the 15th October there is no cheating if we haven't actually reached the 15th of October, right?

admin what is happening already on October 12 and deposits on the exchanges have not been opened, I understand that according to the conditions until the 15th, almost 2 weeks have passed and no news, no need to cheat tell the truth

Make sure to join the CPI Telegram Channel to get the latest news and stay up to date on what's going on. Things are moving along at a nice pace right now and I have some exciting news to share very soon!

We are inching closer and closer, patience will be rewarded, surely

"Between 1st and 15h of October", as you say this is just the 2nd of October so be patient.. It could be tomorrow, it could be the 15th. I'll update you all once it happens

it's just the second day of October and there is still no news and what is the reason. why are deposits closed?

Ok thank you

Hey aldyar! Here's the answer I got: "Deposits for CPI will open approximately between October 1 to October 15, 2020."

Hopefully that clears it up

Admin when the deposit is opened on the exchanges, on all 4 exchanges the deposit is closed, I write in support of the exchange, they answer me that this needs to be learned from the project

I used Hotbit and at the time of withdrawing CPI I had no option of withdrawing CPI, I had to buy LTC and withdraw it. I used Bilaxy and the minimum withdrawal Is 0.0988 CPI and charge a fee of 0.0494 CPI ( something like $ 4.7), I preferred to convert to bitcoin and withdraw. I didn't get to use bitforex.com to buy CPI (but I have an account there and I saw that there is a lot of bucracia and I don't trust them) and I also didn't use DigiFinex to buy CPI (but I have an account). I don't want to speak ill of these exchanges here, but they have some things that are unpleasant. I will wait for them to list on other exchanges

"CPI Indexes offers stability by diversifying exposure across all its component assets." New video is out from the CPI team:

It is being worked on, updates and announcements to follow as soon as we have them .

Are they going to list this token in other popular exchanges? But the current exchanges are already good but I was expecting that this token will hit in the top exchanges like Binance.

3 days after your post the price dropped to $30, I hope you took the opportunity to compare cheap, I missed this chance because it took centuries for my money to enter the bank and it was no longer possible to buy bitcoin... also there was no way for me to withdraw bitcoin from my other investments I no longer do sports betting using cryptocurrencies, I prefer to make sports betting using my country's FIAT to save fees, in short: it was a day that I didn't have the money to buy cheap coins, if I had bought at $30 would easily have earned 3X profit

I like features which you get with this project like stability and security. System is built on Ethereum, which is one of the most common blockchain formulas currently available. Also because of the blockchain technology, data cannot be altered and all transactions are secure.

Meet the team! These are the people who are going to push CPI and the CPIX token to the heights you know we can get to by now. There's a tremendous amount of experience and competence in this lineup, get familiar with them!

Hey welovedcrypto, I do not own the project and I'm not involved in any capacity besides running this thread and sharing news with y'all while also answering any questions you may have.

And you are right! Crypto as a whole is in a bit of a downwards trend recently so there's no better time than right now to get involved in projects you love out there

Hhampuz do you own the project or part of this project? It is not possible to use only one token? Why do you need CPI coin (or we can sat it is Token) when you can use CPIX token? BTW price is down to $90 from $110 hope it will touch $1 then I can purchase some of tokens.

The CPI Team wants to say thank you for your support so far!

A lot of things are being worked on in the background, and there will be more interesting things announced soon.

Remember, CPI is currently listed on Hotbit, Bilaxy, BitForex, and Digifinex.

Re-read the news Here.

Make sure to follow our Twitter to always stay up to date on what's going on behind the scenes as well as what's in store for us moving forward. You can also check out our Facebook page if you'd prefer that over twitter. We have a presence on pretty much every social media platform so that you're always well informed, follow us now and don't miss out .

Do you want to get more informed on what CPI is all about? Head on over To the WhitePaper and you'll soon find yourself in an advantageous position next to the average Joe

CPIX tokens will be backed by underlying assets held in an escrowed smart contract. Multiple parties can create their own CPIX token, pegged to a basket of assets.

Make sure to stay up to date with the Roadmap which you can find below:



Is there anything YOU would like to see added?

Just as VegasCasinoBits mentioned above, deposits were never allowed to begin with but come October 1st we are going in full force and hopefully there will be further Exchange announcements to come before then too!

As far as I know, deposit was never suspended.. it was never allowed to begin with. There was no ICO, so there's no one needing to deposit. Everyone who purchased CPI outside of private sales did so on the exchanges it's listed on, so there's nothing to deposit unless you're one of the few people who got CPI from some private way.

Im sorry, but is there a special reason why the deposit has been temporarily suspended? it was like there was a sudden interest, so it was temporarily stopped right now. I think I miss something but I can't find it on previous post,

Make sure to check out This short introduction of CPI and what they are trying to build if you haven't already!

As always I'm here for any questions you may have regarding the project and the roadmap.

Crypto Price Index is blockchain based and that means that it’s entirely decentralized, which helps contribute to the security features of the system. Also system is built on Ethereum, which is one of the most common blockchain formulas currently available.

Deposits for CPI will open approximately between October 1 to October 15, 2020. Sorry for any inconvenience this may bring but we are hard at work on getting it done as well as launching on other exchanges!

Admin when the deposit is opened on the exchanges, on all 4 exchanges the deposit is closed, I write in support of the exchange, they answer me that this needs to be learned from the project

I wish a lot of luck doing arbitrage on these two exchanges with such low and faked liquidity there.

From what I know at least on Hotbit volumes are faked by bots and on Bilaxy I haven't traded so far but they are not standing high in the exchanges trust score on Coingecko or CMC either.

I am afraid that to some extent these prices are used to attract not experienced users to try small arbitrage trades but believe me this is not what arbitrage is and how you make money on it.

At least some decent volumes are needed or a good strategy to be successful, don't mention experience, knowledge and of course all information about the exchanges, you are going to trade on.

PS
I have to add that I have nothing against the CPI token or project. These exchanges (at least Bitforex) are known from such shady practices as wash trading and nobody can do much about it.

This is a well-known problem in the crypto industry and I hope that decentralized exchanges and protocols like Compound, Balancer or 1inch are the cure for this plague.

I have traded several times using an arbitrage strategy but I was unlucky, when I sent the token to another exchange with a higher price, before the token was successfully sent, the price had gone down.

Does the CPI have any big news in the near future?

We will work tirelessly to get on binance, rest assured

It's nice to be able to take advantage of the panic buying in the market, at least get arbitrage profits from some market price disputes, I still see what's interesting about this project to be listed on Binance, hopefully it doesn't disappoint

Some interesting strategies you could employ here for sure, but slowly and steadily loading up on more is the one strategy I prefer, hehe

Anyone playing the arbitrage angle here? I just noticed price is ~$115 on Hotbit but $130 on Bitforex and Bilaxy.

Price is consolidating nicely on the daily chart. Created a nice flag pole and bull flag/pennant. Wouldn't be surprised to see another run up soon. I'm gonna load up on more here.

Read more about the amazing journey we are on in the news:

https://coinidol.com/emirati-defi-upstart-surges/

https://www.coinspeaker.com/royalty-backed-cpi-token-moons-2300-4-weeks/

https://nulltx.com/emirati-defi-cpi-adds-3-new-listing-after-price-increases-23x-in-30-days/

Binance listing is a wonderful decision but it sad that I'm unaware of this project at the early stage(before bullish market) and I guess that's because there's no proper advertisement for the project.
What left now is just to keep my eye open on the price momentum in other to accumulate before Binance listing which I believe will somehow help the token surge in price and liquidity.

We will be hard at work to make sure it goes the right way, that's for sure

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We are working hard on making binance happen, it is obviously what we really want to see happen as well as everyone else. All we can do is work hard and try to make it happen!

As an investor or observer, happy to have you here!

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Awesome! Thanks for sharing, nice to see it on so many different platforms!

Relax dude, it was what they currently working for. If you look at the situation that the CPI token has, I don't think it will take long for it to be listed on Binance, everything will go smoothly for project that have very surprising development.

when its going to be listed in binance ? also can someone explain to me the purpose of CPI token . this seems like a project that people should know more about .

Nice to hear CPI tokens listed on Coincodex.com, I also saw CPI tokens listed on some cap sites.
https://coinmarketcap.com/currencies/crypto-price-index/
https://www.coingecko.com/en/coins/crypto-price-index

Listing news on Binance gives more fuel to price movement (up) so if the progress reaches target successfully and you or the team announce it, price will boooom. Increases with some fold will be possible. Bull market can lift good coins, tokens up too much.

The price is too high for me and I am only watching CPI as an observer to get experience for my future. 

If CPI will truly enter BNB market, I guess the price will still increase. So if you have extra budget, I think this one is a very promising one to invest. The price increase of this token is really interesting. But wondering if they can sustain the market and further go up the ladder or the journey will be the other way around? Watching...

Stability is key, indeed! Right now we are looking really good with a steady, and healthy growth, so here's to more good news!  

I see that and love what I meet in the price chart, price stair keep growth up. I'm waiting to see CPI has $200 but hopefully it will atleast keep stable on the current price than drop.

Binance is currently being worked on and hopefully I'll be able to announce that soon

Congratulations Hhampuz for the partnership with Crypto Price Index. It is very exciting to see the price of many projects from a few weeks to 2 months all rise to the Moon. CPI is only one of them. Investors now is difficult to do their own homeworks and filter good projects among many newborn ones.

Any plans from CPI team to list the token on Binance after Hotbit, Bilaxy, Bitforex, and Digifinex?

Their infrastructure, built and deployed on the tried and tested Ethereum blockchain, will use advanced technical architecture to track a basket of assets for each CPIX token minted.

You can now follow the CPI price on cap sites too! Make sure to bookmark this one and to not miss out on the growth:

https://coincodex.com/crypto/crypto-price-index/

It's never too late to get involved, in any of our social media channels or otherwise! It is indeed an interesting time to be alive.

You can always get with it even with a small amount now because who knows - we may see another huge increase in the coming month

umm am always late at the party, how is it that am just seeing this for the first time , with such price increase definately already too late to get in, this would have made my 2020 a much better year, "2300% price increase in under one month!?" am speechless right now 

This is an extraordinary achievement, the price has risen more than 23 times and has survived until now, not just a temporary pump. if I'm not mistaken CPI is a project about DeFi and the DeFi trend is totally crazy.
I see there is an allocation of 10% of the total supply for marketing, does CPI hold a bounty program?

You know it! Good fundamentals lay the foundation for success and right now there's no telling where we are headed. Exciting times to be in crypto - that's for sure!

Almost up to $140 on Bilaxy! This moon rocket is full steam ahead. 

Read about CPI and the incredible journey we are currently on in the news:

https://btcheights.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://btchunts.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://www.cryptochainwire.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://www.coinpogo.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/ 

https://coinblaze.us/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://blockzodiac.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://coinomi.us/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://cryptonode.us/2020/08/17/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://kryptort.ch/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://www.coincronica.de/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://hashnews.us/2020/08/17/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://coins.newbium.com/post/31278-cpi-token-storms-out-of-the-gates-with-over-2-300 

https://www.theblockchainfeeds.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://theicoshowcase.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/ 

https://www.thetechly.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://www.technewstab.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

https://thenewsmansion.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week-3624.html

Right so we have the following two times to be on the lookout for:

BitForex went live with CPI at 16.00 (GMT +8)

DigiFinex will go live with CPI at 17.00 (GMT +8) (In ~15 minutes).

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Check these out to hear a few words from Herbert Law, the CEO of Crypto Price Index:

https://twitter.com/index_price/status/1295627123844173824 (BitForex)

https://twitter.com/index_price/status/1295621430919548929 (DigiFinex)

2300% price increase in under one month!? What more can you ask for when that happens AND new exchanges are picking up CPI?

Read more: https://cryptomode.com/cpi-token-storms-out-of-the-gates-with-over-2300-price-increase-in-under-1-month-and-several-new-exchange-listings-this-week/

That's nice profit for you. But is this the new thread for this project? I remember this project because of their Emirati ties and posted by different user here in the forum. Anyway, if it posted by Hhampuz, it means he believed that this project is legit. And look at the CPI's trading graph at hotbit, seems that they are not stopping anytime soon. Any major news why this rise?

CPI has made me some goooood money so far. I got in early when it was  listed at Hotbit, under $10... now it's in the $120's. Loving this run up, and I hope it keeps going!!!   

BIG NEWS!

We are getting listed on DigiFinex & BitForex tomorrow!

Read more: https://twitter.com/index_price/status/1295267692732190721

The CPI coin is essentially a governance token, which is used to represent an interest in the health of the CPIX token ecosystem. CPI token holders will be able to reward or penalise participants in the CPI network. CPI holders are incentivised to participate in the governance of the ecosystem through coin burns.

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