STATEMENT ON BTC/XAUR
MARKET REMOVAL ON Bittrex.comDue to US regulatory changes all US based exchanges will have to delist tokens that hold something more than just a name. Bittrex is not an exception. They already delisted some tokens, more tokens will follow, including Xaurum on 22.12.2017. We believe Bittrex delivered great service to its users and it is sad to see that US regulatory changes are forcing them to do that. You can read our full statement on the link below.
https://medium.com/@xaurumsocial/statement-on-btc-xaur-market-removal-bittrex-com-96f983701bb5 Hello Xaurum developers and QA.
My question is: "Did you know that this is going to happen?". You write like you did. "We anticipated the separation of tokens connected with assets from others and have been preparing for that moment to come."
In this case I am very interested in why didn't you warn the investors? You could have prevented the panic and inform the community in advance! You could have written that new exchanges are in "to do" list and give rough dates when will normal trading with Xaurum be possible again (since HitBTC is a joke, Bittrex had 90% of trade volume). What can you do with tokens that can not be sold anywhere?
A lot of people lost a lot of their investment value today and you knew it will happen... Are the investors not important? You have email addresses and telephone numbers of people registered in "xaurum pro" and you didn't find it important enough to inform us? When you were selling Gamma you have used those numbers and sent us SMS message invited us to invest, but now, when bad things happened we were not important anymore?
Is this why one masternode left, because he knew what will happen?
Again great communication Xaurum team! About the masternode we were informed via etherscan, now we were informed via Bittrex... Please think, if you find it ok, that we get bad news about Xaurum from other sources first...
They cannot inform just a few people in community. They should do it publicly, if they would do this...
Do you know what they said about summer drop? That they knew that the drop will happened, because same was last year. But do you know what's really interesting about that? Almost all customers bought Xaurum through a salesman who is a member of the Xaurum Foundation. (I think that's what it was called then, but I'm not sure.)So what does that mean? That the whole summer sellers didn't work? At the beginning, we could still believe, because there was a big correction, but in six months they were unable to get back to the production price.During this time, we fell from 12000 satoshis to 1000 and from 50 to 200+ on CMC. Believers say that the coin is at least stable, but I see a fluctuation from $ 0.15 to $ 0.27 and that didn't happen just once. If you look at the chart, you see a lot of pumps and dumbs.
And for cherry on a cake: In September, I was told that there will be few mints until the new year and the price could rise to 1$. That told me someone from the team. Of course, this did not happen, but I believed only because of greed, I can admit that. I do not know if this is a legitimate marketing strategy, but it is certainly not transparent.