*Why we chose Bittrex*
Bittrex has proven themselves time after time to be not only a trustworthy entity in this space, but also very honorable and direct. They have shown often their care for the community's well-being as well as taking proactive measures to validate other projects they've hosted to preserve not only that integrity but to also provide protection for the investors. Without their guidelines and stipulations met, a CFC will not be approved nor hosted. Freedom is something we hold very high in value, and r3d represents a sense of that freedom. If we had no intentions of providing everything we've outlined here, we would have not even approached Bittrex because, as per their rules, all CFC coins would be bought back and the campaign terminated.
This is a complete lie. BITTREX hosted 2 previously worthless ICOs that I know of. Remember
CraigsCoin and
IceBergCoin? Bittrex later delisted these coins! What a joke.
Bittrex shows no care in which coin they list. You give them a few BTC and they will list whatever crap you have to sell. Bittrex also adds "hot" coins, sucks out all the volume possible and then delists the coins.
What measures can you provide that this isn't the next CraigsCoin scam pulled off by bittrex?
Is there any way you could prove that this coin will remain listed on Bittrex for the next 5 years?
5 years is a long time to even speculate as to whether or not crypto itself will still be growing and thriving (let's hope so - it likely will be), exchanges have come and gone over the course of time though. With that being said I'll also add in that Bittrex seems to run a tight ship at least in terms of operations and I've watched them from inception work hard to gain people's trust as well as grow the exchange to the point it's at today - known by name immediately. r3d is by design, meant to last for as long as the last node up is. As far as it remaining a listing on Bittrex - noone can guarantee that - not even Bittrex. Too many variables affect business and with the existing regulations still in their "early stages", who's to say crypto exchange as we know them today will be the same in a year from now. I do remember CraigsCoin most definitely as I watched the "proof of developer" live on google and shook my head at a particular line (I'm paraphrasing) "I was told to lie, but I won't, I'm not a developer I'm more of a project manager". IceBergCoin - I don't recall that one personally but I'll take your word for it.
The bottom line is we're surrounded by these types of aforementioned projects and even more seem to come out of the woodwork in droves. Why is it that you think our volume on the CFC is so low as of right now? Some could point the finger at lack of marketing, lack of a client demo (which will be here shortly) or lack of a business plan or plan in general. However, the truth of the matter is we don't have paid shills arguing with each other to keep this thread bumped at the top, we haven't presented a huge fancy roadmap image filled with "things [not] to come", and we aren't tied in with the usual suspects just to get the numbers up. What you're witnessing right now is a prime example of what happens when you operate within honest bounds with not only a logical approach and solution to a widespread issue, but when you refuse to get involved with people that are fine with stealing food from their "brother's" plates just to fatten themselves up.
I'm contacted almost daily by random people with these type of scams everyone's falling victim to. The most recent was yesterday. Someone asked me if I could code a "coin" that would peg a US dollar amount in the block, to convince people that gradually the USD value of it was increasing due to demand/popularity/whatever. When I explained that's not how valuation works, they told me they knew, but they wanted a ponzi-like effect and that if you "made the people believe" eventually it would "be true". I immediately ended the conversation. This is the type of garbage I nor anyone else on this team will partake in nor support and that's why we're not here constantly trying to argue with people, but working to bring a product in front of your eyes to give you a better understanding of what we're trying to accomplish here. I'm personally not surprised nor offended by the hesitation or even the comments being made because you know what - this is what people have unfortunately been conditioned to expect - lies and a quick cash grab turn-around.
Best regards,
syntaks