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Topic: [ANN][TRUST] TRUSTplus [PoD5x2][BitTrex][Android][Shopify] - page 13. (Read 77008 times)

sr. member
Activity: 518
Merit: 250
so all problems are solved now?

seems im the moron this week as i bought 5btc trust and 5btc rox. rox has vanished from bittrex and trust is down by 80% Sad
newbie
Activity: 17
Merit: 0
Still seems to be happening. Any growth immediately stepped on with a dump.
sr. member
Activity: 686
Merit: 250
hero member
Activity: 809
Merit: 1002
ETA on roadmap?

Cheers
sr. member
Activity: 283
Merit: 250
www.l3p.nl
Not sure if it means anything but I have almost 300k parked at bittrex. I'm a holder, not a trader.
Will sell at 50k sat  Cool
sr. member
Activity: 252
Merit: 250
 Smiley Great News   Its so refreshing to have a proactive Dev rather one you have to chase down. We seem to be in good hands with a good community.  This Coin will be around a long time I TRUST .    Thanks for your work on the coin and I look forward to the planned implementations ahead .  Plus this gave me an opportunity to pick up some more below mining cost Thanks.
full member
Activity: 225
Merit: 100
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

What was the problem exactly?  The thread isn't very clear.

BitTrex cannot lock an account for this sort of market manipulation.  I talked with a representative from BitTrex to discuss my options, which were nearly none.  

We caught someone buying high and selling low.  We started to profit from it, tweeted to help others profit, and then the market went silent, the bot was turned off.  We also notice enormous Sell Walls that were not there before.  We asked the community to follow a plan.

The premine is PoSing safely in a Vault 2.18 Million

We took a pause to see who was causing the price drop.  Now that it is identified I can only say... MOVING on.

Thanks for explanation!

Now we can watch TRUST go back up.
legendary
Activity: 1139
Merit: 1000
TRUSTplus Dev
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

What was the problem exactly?  The thread isn't very clear.

BitTrex cannot lock an account for this sort of market manipulation.  I talked with a representative from BitTrex to discuss my options, which were nearly none.  

We caught someone buying high and selling low.  We started to profit from it, tweeted to help others profit, and then the market went silent, the bot was turned off.  We also notice enormous Sell Walls that were not there before.  We asked the community to follow a plan.

The premine is PoSing safely in a Vault 2.18 Million

We took a pause to see who was causing the price drop.  Now that it is identified I can only say... MOVING on.
legendary
Activity: 1638
Merit: 1013
lol fak, nice work putting that bot out of business, hopefully another one does not take its place

From the look of things the Trust dev team is jacked with their finger on the pulse, which is something that few coins can say.
full member
Activity: 182
Merit: 100
lol fak, nice work putting that bot out of business, hopefully another one does not take its place
member
Activity: 115
Merit: 10
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

It was important to know who is here to make this coin better.  That was a very poor decision to lower the price by that party or individual. That bot cost some people that trusted me with their money.  I have to do everything in my power, and that bot would not have stopped until 1 satoshi.  Its done... we can move on.  The price will go back to where its supposed to be.

?

Can anyone explain what dev is talking about?

I can try to take a stab at it, but defer to the dev to please chime and correct me if I misspeak. Here's my understanding of what happened:

1. There was a market-bot running on bittrex which was pushing down the value of the coin.

2. To find out what address was behind the bot the dev requested some addy's from the community.

3. Using those addys the dev was then able to construct a tree that led to 5 possible culprit addresses that the bot was running off of.

4. Since the bot is now offline and the addresses and their derivative coins have been identified, bittrex is now good and there is no longer a threat to the coins on bittrex.

5. Price is low thanks to that bot, and others now have an opportunity to invest on the coin at PoW prices and can now take advantage of the PoS.

So far Bittrex | Polo | C-Cex sell orders are at:
             316 |  351 |  679

Comments/Corrections?
legendary
Activity: 1638
Merit: 1013
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

It was important to know who is here to make this coin better.  That was a very poor decision to lower the price by that party or individual. That bot cost some people that trusted me with their money.  I have to do everything in my power, and that bot would not have stopped until 1 satoshi.  Its done... we can move on.  The price will go back to where its supposed to be.

?

Can anyone explain what dev is talking about?

A trading bot appeared on Bittrex that bought a bunch of Trust and was dumping down at regular intervals in order to lower the price. The purpose of the bot seems to have been to drive the price down to 1 sat and to kill the coin. This is the reason why every time the coin started to rise in price there was a dump. Normally, devs would not know what to do and bail. In this case, the dev team stood up and took action to identify the offending accounts. The dev team managed to identify the bot behaviour and related accounts in order to protect the community's investments.

As per the statement above it seems that the issue has been addressed and trading can continue again to the natural market related levels it should be and not the artificial low levels it traded on due to the bot manipulation.
legendary
Activity: 896
Merit: 1000
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

It was important to know who is here to make this coin better.  That was a very poor decision to lower the price by that party or individual. That bot cost some people that trusted me with their money.  I have to do everything in my power, and that bot would not have stopped until 1 satoshi.  Its done... we can move on.  The price will go back to where its supposed to be.

?

Can anyone explain what dev is talking about?
legendary
Activity: 1139
Merit: 1000
TRUSTplus Dev
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

It was important to know who is here to make this coin better.  That was a very poor decision to lower the price by that party or individual. That bot cost some people that trusted me with their money.  I have to do everything in my power, and that bot would not have stopped until 1 satoshi.  Its done... we can move on.  The price will go back to where its supposed to be.
legendary
Activity: 896
Merit: 1000
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

What was the problem exactly?  The thread isn't very clear.
full member
Activity: 149
Merit: 100
What is the news, Dev?
member
Activity: 278
Merit: 10
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.
legendary
Activity: 896
Merit: 1000
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

I'm assuming you're joking, but I'm not on IRC.  What are you talking about?
legendary
Activity: 1638
Merit: 1013
Normally, a dev would bail if things heat up in the middle of a battle. Not this Trust dev team. I have the highest respect for this dev team for looking after the community and sorting things out, in order to protect everyone's investment.

Thank you very much.
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