Topic: [ANN] TenX: Making Blockchain assets spendable - page 13. (Read 332362 times)

and in no time the dumping will begin nobody want to be in a sinking ship afterall, if someone like Julian can dump his PAY and walk, what will stop others to do same too, nobody would want to end up with bag full of worthless PAY tokens,

till now they are not been able to secure licence from card providers as promised to investors, next thing is Julian leaving the company, very funny
this is just buying time before everything will gradually fade away. Another shit coin

This is just a big drama nothing useful coming on this platform and after few days the whole team will run away like this. This is just beginning of this run away and we will waiting like this to be true this is very disappointing situation for this project.

https://blog.tenx.tech/tenx-responses-to-community-faqs-7c828aaab9db

news from new CEO

Too many unpleasant news has been happening in the crypto world since the beginning of this unending bear market, Even TenX Pay has their own unpleasant news as well, Julian resigning from TenX company is very sad news to me, i feel this will be the beginning of a gradual ending of this project, what happened to all those promise of long-term? This is really messed up.

Dear TenX  community. We are pleased to inform you about our project https://tchats.club/ which logs all important telegram chats related to TenX . We believe that TenX  Chats will be a valuable addition to the TenX  ecosystem. During the work of the site, we have already received a large number of positive feedback from community members. The project is under active development. The project has its own team of programmers, ready at any time to solve new technical problems and make new improvements.

What is implemented at the moment:
You can read your favorite sites in a convenient form for you through https://tchats.club/
The site is optimized for work and on mobile devices. There is a search by keyword and date. It is possible to read the chat you want in your native language using Google Translate. The translation is not perfect, but it will allow you to receive the latest news as quickly as possible from the first sources.

In the near future, we plan to add the ability to share a specific telegram post in social networks. On the one hand, this will allow you to share interesting content with your friends and subscribers, and on the other hand, it will positively influence the development of TenX ’s popularity in general.

There is a lot of work ahead, we have planned a huge number of interesting and useful improvements. If you have any suggestions for improving our site, please write - we will try to take everything into account and use it in the further development of the site.

If you think that some important chat related to TenX  is missing on our website, please write and we will add it.

How do you know that the majority of them were from these countries? I am unsure about China, but US investors have to be carefully screened and I have seen no ICO recently that allowed them, barring a few exceptions.

I guess who cannot enjoy the benefit of TenX once it will become live should have the initiative to dump it, unfortunately, they'll not get a good value.
IIRC, price now is lower than the ICO price.
From what site you are referring about the delisting? please let us know.
I guess those who cannot a

The majority of PAY holders from the ICO were from the United States, China and India and ineligible for the TenX token...
SO where did those millions of unclaimed TenX tokens end up?

The countdown of PAY token de-listing is live. My guess is this March.

he has to explore the higher realms of quantum physics even beyond his already mind boggling knowledge of it, and prepare his return as leader of TenXXX

http://de.fintelegram.com/wp-content/uploads/2018/07/vdocuments.mx_julian-hosp-cv-aug-2015.pdf


after, of course, having a heart warming shindig and sharing a few good laughs with his old MLM pals:

https://fintelegram.news/lyoness-julian-hosp-and-the-arrival-of-the-crypto-mlm/

 

News on german site: https://www.btc-echo.de/julian-hosp-meldet-sich-zu-wort-update-zum-ruecktritt-von-praesident-von-tenx/

Token sale motivated because of tax.

Yes, almost 2 years. But this does not matter. They promised crypto cards but in fact they don't have nothing after so long time. And even they can't issue card even if they want to do this, because Visa and Mastercard want not works with this.
And information about their CEO and another scam in 2011 making this project more useless and suspiciously...

 
Finally, this SCAM is close to the end. As many others.

Has anyone in Singapore received a card? I still havent asked for a refund myself and all the family i bought cards.

I saw videos of team using cards, but has a single normal person got a card? If people got cards, then its just Julian resigning and not a scam taking place.

we have to be a little calm and don't worry, because TENX will be fine,
indeed there are bad news about their team, I'm sure PAY will rise again

loool...
«monkeys went to spread the gossips about what they don't know for sure» © Rudyard Kipling
 

PAY ticker now changed for NOPAY

Reddit:

Did TenX Ex-CoFounder Julian Hosp dump 2.22M of PAY tokens on Bittrex?
GENERAL-NEWS

Speculation, of course, but here are some information that you can verify for yourself.

    TenX company announcement of Julian leaving (source)

    Julian's video on YouTube regarding his stepping down (source)

    A verified signature by Julian, linking himself to this Ethereum address #1 (signature, address #1)

    His "actual" Ethereum address #2, with multiple 6,250 PAY deposits. There is a link between address #1 and #2 with this transaction (linking transaction, address #2)

    Why do I think it's his actual address? It was pointed out on Twitter before that he was receiving 6,250 PAY every month, and he did not refute it, but said that he is "waiting for the day when PAY is 100 USD and people complain about that." (tweet pointing out 6250 PAY, his response, his response archived)

    Deposits amounting to 2,222,035 PAY being deposited into what looks like a Bittrex deposit address, with various deposits coming from address #2 and presumably other address which he is in control of (alleged Bittrex deposit address)

    Other than the initial 1.5M PAY tokens deposited 5 days prior to the end of 2018, the rest of the deposits came in AFTER the snapshot for their new token was taken, after 1st Jan 2019 (snapshot details)

    Price of PAY/BTC on 25th Dec, before the deposits came in: 0.00010783
    Price of PAY/BTC on 9th Jan, as of the time of posting this: 0.00004950
    Price change in BTC: -54%

Summary notes:

There are 2 batches of tokens that were seemingly sold: 1 before the snapshot, 1 after the snapshot.

I believe the 1st batch of tokens sold before the snapshot was his "own" tokens - ie. PAY tokens that he bought with his own money off Bittrex and OKex for his personal trading / accumulation. As it was not "given" to him from the company as salary or benefits, there is no "lock up" to those tokens. These ~1.5m tokens were deposited into Bittrex and to take advantage of the price pumping into the snapshot hype.

I believe the 2nd batch of tokens sold after the snapshot was his "salary or benefits" tokens - ie. PAY tokens given to him as remuneration for his work at TenX, which is likely to have a legal lock up or holding period. Hence, the movement to the exchanges AFTER 1st Jan 2019, 00.01 +8 GMT time (TenX is based in Singapore which is +8 GMT).

It seems highly likely to me that Julian has dumped all his PAY tokens trying to sell the intermediate top into the hype surrounding the token snapshot. The price has fallen dramatically over the past 2 weeks, since the deposits came in. The snapshot period is also the perfect smokescreen to cover him exiting his position, since volume before and after would be higher than usual.

What do you guys think of my gathering of facts? My speculation? Of Julian?
What do you guys think are the implications on TenX as a crypto services company?
Would you trust them? What is their image like to you?What do you think of PAY token and their new TENX token?

I would like to hear your thoughts on this issue.

Edit: formatting

https://www.reddit.com/r/CryptoCurrency/comments/ae4ukr/did_tenx_excofounder_julian_hosp_dump_222m_of_pay/

Agreed with you slowly slowly all people from the team will disappear and let the community with big bags and dreams. I think so it turning into nightmare for the team to make it practical in real life and this is the big example.

Another scam. They collected money and now they are running away. The market clears itself and people are  learning. ABANDON SHIP.

Until they can attach real value to PAY tokens it's utterly worthless, same thing i said above, do not get things mixed up my friend,
yes the initial promise was to provide cards where people can spend their crypto for efficient liquidity but unfortunately they have not been able to fulfill this very important promise,
between TenXPay ico was conducted june 2017 so it hasn't been up to 2yrs, am sure Julian hasn't forgotten the promise made to investors, maybe securing the card is not as easy as they made it sound