Yeah I feel it, when it feels like getting the chance to make more profit, then being greedy is a forgotten thing. Keep hold it while hoping it will happen, but the opposite is happen. That is why it is not advisable to hold coins other than the well-known ones, even the BTC has fallen very deep, but the difference BTC will go back up even though it takes some years. Risk are real.
Fortunately, you did not become greedy about making money because there were bad consequences. You are right, Bitcoin is unique in that it can climb again after crashing, unlike alts which, when dropped, have difficulty climbing again, especially the lesser-known coins. It is not necessary for us to always hold our coins, for we do not know, but in the long run, it is worth losing.
Topic: [ANN] Ethbits Crowdsale (ICO) MORE THAN 13644 ETH RAISED ! - page 3. (Read 92975 times)
Yeah I feel it, when it feels like getting the chance to make more profit, then being greedy is a forgotten thing. Keep hold it while hoping it will happen, but the opposite is happen. That is why it is not advisable to hold coins other than the well-known ones, even the BTC has fallen very deep, but the difference BTC will go back up even though it takes some years. Risk are real.
Fortunately, you did not become greedy about making money because there were bad consequences. You are right, Bitcoin is unique in that it can climb again after crashing, unlike alts which, when dropped, have difficulty climbing again, especially the lesser-known coins. It is not necessary for us to always hold our coins, for we do not know, but in the long run, it is worth losing. 
Something to regret though because @Rrita had not dumped it when its price was still more than $1. It used to have a good price fora long time even when it first started. Bullrun comes and it was more of a surprise that the token is worth more than $3 I believe I have also bought some of it on hitbtc because users are shilling for this.
Yeah I feel it, when it feels like getting the chance to make more profit, then being greedy is a forgotten thing. Keep hold it while hoping it will happen, but the opposite is happen. That is why it is not advisable to hold coins other than the well-known ones, even the BTC has fallen very deep, but the difference BTC will go back up even though it takes some years. Risk are real. 
The investor's mindset those days is mutual, they believe that they can earn a lot of profit either short or long run instantly without knowing the risk involved in it and we are not yet aware of the possible worst to happen. A project like this made us believe in their promises and jumped on the hype of ICO.
Exactly, nobody doesn't know the risk involved in it during the time of 2017 because every company seems to be very interesting with a different innovative concept. Later, once the market is in hype we didn't sell them and makes us lose our money. That's why it is always good to sell them when we made some good profit
Well its also the reason why some are regretting for selling their BTC during the early days of BTC. What is needed to be done is to take profit while its price hitting ATH. There are more projects not just ETHbits that were delisted on exchanges because of the market condition.
I still think they're gonna make a come back becuase if they were a real scammer, the website would have been defaced by now. ETHbits website still is up, we never knew they may soon release the update for their exchange.
The investor's mindset those days is mutual, they believe that they can earn a lot of profit either short or long run instantly without knowing the risk involved in it and we are not yet aware of the possible worst to happen. A project like this made us believe in their promises and jumped on the hype of ICO.
Exactly, nobody doesn't know the risk involved in it during the time of 2017 because every company seems to be very interesting with a different innovative concept. Later, once the market is in hype we didn't sell them and makes us lose our money. That's why it is always good to sell them when we made some good profit
The investor's mindset those days is mutual, they believe that they can earn a lot of profit either short or long run instantly without knowing the risk involved in it and we are not yet aware of the possible worst to happen. A project like this made us believe in their promises and jumped on the hype of ICO.
Something to regret though because @Rrita had not dumped it when its price was still more than $1. It used to have a good price fora long time even when it first started. Bullrun comes and it was more of a surprise that the token is worth more than $3 I believe I have also bought some of it on hitbtc because users are shilling for this.
well it's mistake of someone because they still expect a higher price, but if he throws it away then he will get enough profit and will not lose money. But that was then and everything was gone so forget it If there have been so many accusations against this project then you should forget about this project because if you expect a lot it will only make you more stressed because you have lost a lot of money
Something to regret though because @Rrita had not dumped it when its price was still more than $1. It used to have a good price fora long time even when it first started. Bullrun comes and it was more of a surprise that the token is worth more than $3 I believe I have also bought some of it on hitbtc because users are shilling for this.
Agree, during the time of 2017, this coin has a very huge demand due to there are very few companies which have Ethbits has a good team with active updates about their progress, during 2018, the crises in crypto market started to lose their value one by one. From there, these people are not providing accurate updates to their community and the coin started losing its value.
If there have been so many accusations against this project then you should forget about this project because if you expect a lot it will only make you more stressed because you have lost a lot of money
Something to regret though because @Rrita had not dumped it when its price was still more than $1. It used to have a good price fora long time even when it first started. Bullrun comes and it was more of a surprise that the token is worth more than $3 I believe I have also bought some of it on hitbtc because users are shilling for this.
If there have been so many accusations against this project then you should forget about this project because if you expect a lot it will only make you more stressed because you have lost a lot of money
You are right, we see many complaints about this project, then why people are kept talking about this company. During their crowdsales, they have raised around 13644 ETH, seems to be they have made a very good amount of money when the price of ETH went more than 1000$. That's why many investors loosing faith towards the ICO's and IEO's.
If there have been so many accusations against this project then you should forget about this project because if you expect a lot it will only make you more stressed because you have lost a lot of money
Hello ETHBITS team/admin panel is there any update? A long time passed but there is no new news!! I am a holder of ETHBITS coin and now I am feed up. How long I need to wait? I invested total 7 Ethereum at this coin but now they are almost hundred USD only. When the platform will be ready,any possible date?
Its been a long time since the team actively posted here. Maybe you could check the coinfestUK event since they always do join back in the days. Some investors had already considered this project scam when they didn't achieved their roadmap. They were hoping for that copy trade system they were trying to developed to their exchange but nothing after years, ETHBITS were already delisted from exchanges. Maybe its still in forkdelta.
Hello ETHBITS team/admin panel is there any update? A long time passed but there is no new news!! I am a holder of ETHBITS coin and now I am feed up. How long I need to wait? I invested total 7 Ethereum at this coin but now they are almost hundred USD only. When the platform will be ready,any possible date?
Its been a long time since the team actively posted here. Maybe you could check the coinfestUK event since they always do join back in the days. Some investors had already considered this project scam when they didn't achieved their roadmap. They were hoping for that copy trade system they were trying to developed to their exchange but nothing after years, ETHBITS were already delisted from exchanges. Maybe its still in forkdelta.
Hello ETHBITS team/admin panel is there any update? A long time passed but there is no new news!! I am a holder of ETHBITS coin and now I am feed up. How long I need to wait? I invested total 7 Ethereum at this coin but now they are almost hundred USD only. When the platform will be ready,any possible date?
Its been a long time since the team actively posted here. Maybe you could check the coinfestUK event since they always do join back in the days. Some investors had already considered this project scam when they didn't achieved their roadmap. They were hoping for that copy trade system they were trying to developed to their exchange but nothing after years, ETHBITS were already delisted from exchanges. Maybe its still in forkdelta.
Hello ETHBITS team/admin panel is there any update? A long time passed but there is no new news!! I am a holder of ETHBITS coin and now I am feed up. How long I need to wait? I invested total 7 Ethereum at this coin but now they are almost hundred USD only. When the platform will be ready,any possible date?
Taken from Telegram channel: https://t.me/ETBS_Official
DEV UPDATE:
Dear Ethbits Community,
Time for a long due update from our side. I know most of you are eager to log into Ethbits and start trading again. Many are rightfully frustrated at the unending delays to the delivery of the promised features.
Due to a lot of circumstances, including last year’s hack resulting in the loss of funds, the replacement of the dev team, shifts in the regulatory landscape, and challenges with developing the copy trading algorithm, Ethbits is forced to make decisions to delay the relaunch when it makes sense to do so. We would rather make sure things are done 100% and the users have a perfect platform until we go live again.
Realize that some promises were made before the hack, and the consequences and aftermath of it has put a lot of additional steps in our timeline. I myself started July 2019, with limited documentation, incomplete source code, it took much longer to explore and evaluate all the moving parts involved, to ensure that our API’s are safe and secure, and to prevent another hack.
- Copy Trading
Since the last update we have made some changes to our UI design. The remaining work lies here to display the stats and charts for the leader and copier sessions. The UI looks sleek and modern. Leaders have profile pages where users can find information and important stats on traders. Leaders will be able to track their overall performance in an intuitive way.
Leaders will collect a small % fee from their copiers on every successful trade (Sale with profit). The platform will also take a small fee of that profit leaving the copiers with 70% of their total profit per trade.
Copiers will see their profit fee per sell order that got filled, and likewise, leaders will see how much profit they made from all followers for the sale.
Leaders and Copiers alike will have a complete copy trading session history with portfolio performance, order history and fund transfers between their main wallets and the copy trading portfolios.
- Treasurer & Wallets
The treasurer, responsible for the Ethbits Hot Wallets for currencies BTC, ETH, and ETBS have been finished and tested. We are looking also into possibility of adding USDT deposit and withdrawal support (erc20 variant)
The cold storage mechanism on the Ethbits side has been implemented. Simply explained, the treasurer will make sure to keep a larger proportion of all funds (via automated deposits) in separate multisignature accounts, controlled by organizations, instead of trusting the platform itself with all funds.
If funds reach a low threshold in the Hot wallet, the custodians of the cold storage are notified to take required action to top-up the Hot wallets. During this time there is a small chance the Hot wallet may become depleted and users with withdrawal requests might have to wait a little longer, until funds arrive. This is a possible but unlikely scenario as time moves on and the daily volume and total amounts of funds increase on the exchange.
- Security
This has been a main area of concern the last few months. I have been replacing all the servers with fresh ones, updating operating systems, databases, and other software dependencies. This will not ensure those are secure but will also result in some performance increases.
The platform architecture has also been modified to increase security by reducing the attack surface, as well as implementing stricter firewall rules. We are also adopting better monitoring and early warning and freezing systems to mitigate attacks.
We are also heavily adopting the FIDO2 WebAuthn standard to make use of the very secure modern authentication process. Strict FIDO2 only, with hardware keys will be enforced for Ethbits employees and their web portals, and will be optionally available for users of the platform to use for their own account sign-in.
On the cold storage side, multisignature accounts will be set up for each cryptocurrency, where no single person or entity alone can move the funds. The sharded private keys of these accounts will be kept in offline wallets, and on hardware wallets where possible.
We have been consulting with security firms to evaluate our policies, processes, and our managing of funds. We are having our existing smart contracts re-evaluated, to give it an objective seal of approval.
We are all hard at work getting this project done and provide a very attractive copy trading platform, ready for the next crypto bull run. I am strongly committed to this project. It has been very exciting thus far. We are still keeping our promise this time around for launch in Q1, by the end of March. Now that the end is so close, you can expect more updates coming out soon.
Roan
DEV UPDATE:
Dear Ethbits Community,
Time for a long due update from our side. I know most of you are eager to log into Ethbits and start trading again. Many are rightfully frustrated at the unending delays to the delivery of the promised features.
Due to a lot of circumstances, including last year’s hack resulting in the loss of funds, the replacement of the dev team, shifts in the regulatory landscape, and challenges with developing the copy trading algorithm, Ethbits is forced to make decisions to delay the relaunch when it makes sense to do so. We would rather make sure things are done 100% and the users have a perfect platform until we go live again.
Realize that some promises were made before the hack, and the consequences and aftermath of it has put a lot of additional steps in our timeline. I myself started July 2019, with limited documentation, incomplete source code, it took much longer to explore and evaluate all the moving parts involved, to ensure that our API’s are safe and secure, and to prevent another hack.
- Copy Trading
Since the last update we have made some changes to our UI design. The remaining work lies here to display the stats and charts for the leader and copier sessions. The UI looks sleek and modern. Leaders have profile pages where users can find information and important stats on traders. Leaders will be able to track their overall performance in an intuitive way.
Leaders will collect a small % fee from their copiers on every successful trade (Sale with profit). The platform will also take a small fee of that profit leaving the copiers with 70% of their total profit per trade.
Copiers will see their profit fee per sell order that got filled, and likewise, leaders will see how much profit they made from all followers for the sale.
Leaders and Copiers alike will have a complete copy trading session history with portfolio performance, order history and fund transfers between their main wallets and the copy trading portfolios.
- Treasurer & Wallets
The treasurer, responsible for the Ethbits Hot Wallets for currencies BTC, ETH, and ETBS have been finished and tested. We are looking also into possibility of adding USDT deposit and withdrawal support (erc20 variant)
The cold storage mechanism on the Ethbits side has been implemented. Simply explained, the treasurer will make sure to keep a larger proportion of all funds (via automated deposits) in separate multisignature accounts, controlled by organizations, instead of trusting the platform itself with all funds.
If funds reach a low threshold in the Hot wallet, the custodians of the cold storage are notified to take required action to top-up the Hot wallets. During this time there is a small chance the Hot wallet may become depleted and users with withdrawal requests might have to wait a little longer, until funds arrive. This is a possible but unlikely scenario as time moves on and the daily volume and total amounts of funds increase on the exchange.
- Security
This has been a main area of concern the last few months. I have been replacing all the servers with fresh ones, updating operating systems, databases, and other software dependencies. This will not ensure those are secure but will also result in some performance increases.
The platform architecture has also been modified to increase security by reducing the attack surface, as well as implementing stricter firewall rules. We are also adopting better monitoring and early warning and freezing systems to mitigate attacks.
We are also heavily adopting the FIDO2 WebAuthn standard to make use of the very secure modern authentication process. Strict FIDO2 only, with hardware keys will be enforced for Ethbits employees and their web portals, and will be optionally available for users of the platform to use for their own account sign-in.
On the cold storage side, multisignature accounts will be set up for each cryptocurrency, where no single person or entity alone can move the funds. The sharded private keys of these accounts will be kept in offline wallets, and on hardware wallets where possible.
We have been consulting with security firms to evaluate our policies, processes, and our managing of funds. We are having our existing smart contracts re-evaluated, to give it an objective seal of approval.
We are all hard at work getting this project done and provide a very attractive copy trading platform, ready for the next crypto bull run. I am strongly committed to this project. It has been very exciting thus far. We are still keeping our promise this time around for launch in Q1, by the end of March. Now that the end is so close, you can expect more updates coming out soon.
Roan
I think this message was posted on 20/02/2020
Taken from Telegram channel: https://t.me/ETBS_Official
DEV UPDATE:
Dear Ethbits Community,
Time for a long due update from our side. I know most of you are eager to log into Ethbits and start trading again. Many are rightfully frustrated at the unending delays to the delivery of the promised features.
Due to a lot of circumstances, including last year’s hack resulting in the loss of funds, the replacement of the dev team, shifts in the regulatory landscape, and challenges with developing the copy trading algorithm, Ethbits is forced to make decisions to delay the relaunch when it makes sense to do so. We would rather make sure things are done 100% and the users have a perfect platform until we go live again.
Realize that some promises were made before the hack, and the consequences and aftermath of it has put a lot of additional steps in our timeline. I myself started July 2019, with limited documentation, incomplete source code, it took much longer to explore and evaluate all the moving parts involved, to ensure that our API’s are safe and secure, and to prevent another hack.
- Copy Trading
Since the last update we have made some changes to our UI design. The remaining work lies here to display the stats and charts for the leader and copier sessions. The UI looks sleek and modern. Leaders have profile pages where users can find information and important stats on traders. Leaders will be able to track their overall performance in an intuitive way.
Leaders will collect a small % fee from their copiers on every successful trade (Sale with profit). The platform will also take a small fee of that profit leaving the copiers with 70% of their total profit per trade.
Copiers will see their profit fee per sell order that got filled, and likewise, leaders will see how much profit they made from all followers for the sale.
Leaders and Copiers alike will have a complete copy trading session history with portfolio performance, order history and fund transfers between their main wallets and the copy trading portfolios.
- Treasurer & Wallets
The treasurer, responsible for the Ethbits Hot Wallets for currencies BTC, ETH, and ETBS have been finished and tested. We are looking also into possibility of adding USDT deposit and withdrawal support (erc20 variant)
The cold storage mechanism on the Ethbits side has been implemented. Simply explained, the treasurer will make sure to keep a larger proportion of all funds (via automated deposits) in separate multisignature accounts, controlled by organizations, instead of trusting the platform itself with all funds.
If funds reach a low threshold in the Hot wallet, the custodians of the cold storage are notified to take required action to top-up the Hot wallets. During this time there is a small chance the Hot wallet may become depleted and users with withdrawal requests might have to wait a little longer, until funds arrive. This is a possible but unlikely scenario as time moves on and the daily volume and total amounts of funds increase on the exchange.
- Security
This has been a main area of concern the last few months. I have been replacing all the servers with fresh ones, updating operating systems, databases, and other software dependencies. This will not ensure those are secure but will also result in some performance increases.
The platform architecture has also been modified to increase security by reducing the attack surface, as well as implementing stricter firewall rules. We are also adopting better monitoring and early warning and freezing systems to mitigate attacks.
We are also heavily adopting the FIDO2 WebAuthn standard to make use of the very secure modern authentication process. Strict FIDO2 only, with hardware keys will be enforced for Ethbits employees and their web portals, and will be optionally available for users of the platform to use for their own account sign-in.
On the cold storage side, multisignature accounts will be set up for each cryptocurrency, where no single person or entity alone can move the funds. The sharded private keys of these accounts will be kept in offline wallets, and on hardware wallets where possible.
We have been consulting with security firms to evaluate our policies, processes, and our managing of funds. We are having our existing smart contracts re-evaluated, to give it an objective seal of approval.
We are all hard at work getting this project done and provide a very attractive copy trading platform, ready for the next crypto bull run. I am strongly committed to this project. It has been very exciting thus far. We are still keeping our promise this time around for launch in Q1, by the end of March. Now that the end is so close, you can expect more updates coming out soon.
Roan
DEV UPDATE:
Dear Ethbits Community,
Time for a long due update from our side. I know most of you are eager to log into Ethbits and start trading again. Many are rightfully frustrated at the unending delays to the delivery of the promised features.
Due to a lot of circumstances, including last year’s hack resulting in the loss of funds, the replacement of the dev team, shifts in the regulatory landscape, and challenges with developing the copy trading algorithm, Ethbits is forced to make decisions to delay the relaunch when it makes sense to do so. We would rather make sure things are done 100% and the users have a perfect platform until we go live again.
Realize that some promises were made before the hack, and the consequences and aftermath of it has put a lot of additional steps in our timeline. I myself started July 2019, with limited documentation, incomplete source code, it took much longer to explore and evaluate all the moving parts involved, to ensure that our API’s are safe and secure, and to prevent another hack.
- Copy Trading
Since the last update we have made some changes to our UI design. The remaining work lies here to display the stats and charts for the leader and copier sessions. The UI looks sleek and modern. Leaders have profile pages where users can find information and important stats on traders. Leaders will be able to track their overall performance in an intuitive way.
Leaders will collect a small % fee from their copiers on every successful trade (Sale with profit). The platform will also take a small fee of that profit leaving the copiers with 70% of their total profit per trade.
Copiers will see their profit fee per sell order that got filled, and likewise, leaders will see how much profit they made from all followers for the sale.
Leaders and Copiers alike will have a complete copy trading session history with portfolio performance, order history and fund transfers between their main wallets and the copy trading portfolios.
- Treasurer & Wallets
The treasurer, responsible for the Ethbits Hot Wallets for currencies BTC, ETH, and ETBS have been finished and tested. We are looking also into possibility of adding USDT deposit and withdrawal support (erc20 variant)
The cold storage mechanism on the Ethbits side has been implemented. Simply explained, the treasurer will make sure to keep a larger proportion of all funds (via automated deposits) in separate multisignature accounts, controlled by organizations, instead of trusting the platform itself with all funds.
If funds reach a low threshold in the Hot wallet, the custodians of the cold storage are notified to take required action to top-up the Hot wallets. During this time there is a small chance the Hot wallet may become depleted and users with withdrawal requests might have to wait a little longer, until funds arrive. This is a possible but unlikely scenario as time moves on and the daily volume and total amounts of funds increase on the exchange.
- Security
This has been a main area of concern the last few months. I have been replacing all the servers with fresh ones, updating operating systems, databases, and other software dependencies. This will not ensure those are secure but will also result in some performance increases.
The platform architecture has also been modified to increase security by reducing the attack surface, as well as implementing stricter firewall rules. We are also adopting better monitoring and early warning and freezing systems to mitigate attacks.
We are also heavily adopting the FIDO2 WebAuthn standard to make use of the very secure modern authentication process. Strict FIDO2 only, with hardware keys will be enforced for Ethbits employees and their web portals, and will be optionally available for users of the platform to use for their own account sign-in.
On the cold storage side, multisignature accounts will be set up for each cryptocurrency, where no single person or entity alone can move the funds. The sharded private keys of these accounts will be kept in offline wallets, and on hardware wallets where possible.
We have been consulting with security firms to evaluate our policies, processes, and our managing of funds. We are having our existing smart contracts re-evaluated, to give it an objective seal of approval.
We are all hard at work getting this project done and provide a very attractive copy trading platform, ready for the next crypto bull run. I am strongly committed to this project. It has been very exciting thus far. We are still keeping our promise this time around for launch in Q1, by the end of March. Now that the end is so close, you can expect more updates coming out soon.
Roan
Ummm, I thought back in 2018 that the project died. Twitter and telegram were silent. The topic on the forum is also empty, and then a new roadmap appears.
What happened, will the same old token still live and be added for exchange?
What happened, will the same old token still live and be added for exchange?
Same old token that doesn't even have a usecase in the platform. Same guys who has the scam accusation.
$0.083661 USD (43.71%) in coinmarketcap. nice pump. The token has only few supply 1,634,691 ETBS but were very much affected, this use to be just more than $1 each. The project promise the copy-trading, is this now available in their exchange?
The project failed to launched so they created another roadmap, I bet they will never met the timeline again. When a project is a failure, there is nothing to get jealous of. Did you know how much volume it had i the past few months? Less than a $500, you can basically say this is just a bid by one man alone, probably Singh.
Ummm, I thought back in 2018 that the project died. Twitter and telegram were silent. The topic on the forum is also empty, and then a new roadmap appears.
What happened, will the same old token still live and be added for exchange?
What happened, will the same old token still live and be added for exchange?
Same old token that doesn't even have a usecase in the platform. Same guys who has the scam accusation.
$0.083661 USD (43.71%) in coinmarketcap. nice pump. The token has only few supply 1,634,691 ETBS but were very much affected, this use to be just more than $1 each. The project promise the copy-trading, is this now available in their exchange?
Ummm, I thought back in 2018 that the project died. Twitter and telegram were silent. The topic on the forum is also empty, and then a new roadmap appears.
What happened, will the same old token still live and be added for exchange?
What happened, will the same old token still live and be added for exchange?
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