Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 190. (Read 775279 times)

Whoa! XRB is on a tear! This is what the investors are talking about when the faucet was closed. Now, it's finally going to the moon. It really took me by surprise how fast it surged up but I am happy because I think the surge is already due a long time ago. XRB is a really good coin and it deserves this.

I just want to clear something up regarding your message, no doubt I do understand your point here but the minimum deposit has always been there and it's not strange at all, before people we're getting atleast 75 xrb a day for solving around 4000-6000 captchas so to limit people from dumping their tokens on the exchange, bitgrail decided to limit the minimum deposit to 100 xrb and encourages users to depost atleast 1000 xrb to avoid paying for the fees. Before this wasn't a big deal and people were not complaining at all but because of the current price growth of xrb, this seems to cause a huge problem that's why the exchange decided to lower the deposit and withdrawal fees just a few hours ago, now the minimum amount to withdraw and deposit is 10 xrb with no fees, to make is easier for all of us to participate in the trading of this coin.

Yeah you're right about that, a lot of people especially those who have supported this project right from the start are quite angry with bitgrail regarding this issue, it's so unprofessional of them to implement restrictions without informing their users first, users didn't even get an email regarding this so I do understand the frustrations people are feeling right now, even me I felt so bad regarding this matter and felt betrayed by bitgrail too but I guess what they're doing is good for their platform and right now all we can do is just accept this restrictions and try to slowly withdraw our coins from the exchange site. Honestly I'm just waiting for a better exchange site to add xrb and I'm out of bitgrail. The exchange got so many issues that it's hurting my investment with this project.

I got my RaiBlocks stuck on Mercatox for a few days now. Tried to find out whats going on.

- Couldnt send a Ticket to Mercatox
- Didnt find anything on Forums, Reddit, Twitter (except a lot of users asking the same question)

No comments from Mercatox, no comments from RaiBlocks Devs.

Even in the AMA, the question popped up several times, but got ignored. so yeah, AMA but dont dont answer anything (and this is defenitely a very legit question)?

How can this be ignored so hard?

Whats the problem to get the "maintenance" fixed? Is there a rough timeline?

few hours ago it was 100 and I will not try again

BitGrail tweet - "Minimum withdraw for xrb is now 10 xrb. Same as deposits with new addresses"

https://twitter.com/BitGrail/status/943619149095464960

Same here, had no issues withdrawing from Bitgrail without verification. Bittrex, on the other hand, has been an absolute nightmare to deal with it's verification process and lack of support response. Hoping to see Raiblocks on more exchanges real soon, especially on Binance.

This coin is the next Cardano very soon in January

Not sure why, but I was able to transfer my raiblocks in large chunks without any problems and I am not verified at all. 100, 200 and 500+ coins sent without any problem at all..

EDIT - early this day I was thinking that RaiBlocks and the connected exchange bitgrail.com is some kind of scam.
I have to correct myself - they are not scam but are really shitty.
KEEP IN MIND - bitgrail.com has limits.
If you want to buy RaiBlocks for small amount for example 100$ (~25 RaiBlocks at this moment) in order to test this crypto as I did, you will not be able to withdraw - the minimum withdraw limit is 100 RaiBlocks. So, in order to withdraw you have to buy 100 RaiBlocks which is very high amount just for testing (for me). I should deposit more litecoins in order to buy +75 in order to sell all my shitty RaiBlocks because there is sell limit too - you have to sell minimum 100 RaiBlocks (but you can buy 1, this is why I am calling this exchange shitty and cheaty !!!)
Finally I sold all this 105 RaiBlocks for litecoins and have withdrawed succefully but I lost much because of exchange rates. My advice is to stay away from bitgrail.com and wait RaiBlocks to be listed on some nice exchange if this happen at all.

The high price of RaiBlocks is because of these limits - they let you only buy and not sell and prevent you to withdraw.
They price is pumped this way, it is not real.

Bitgrail's latest actions like Bittrex's are yet another example of why we desperately need decentralized exchanges.  Anytime we trade we put ourselves at risk dealing with individuals or companies who all too often take advantage of us for their own gains.  I'm getting really fucking tired of this shit.

The minimum withdrawal has always been there I believe. The minimum deposit is just strange, especially because they encourage you to send over at least a 1000 rai, otherwise you'll be charged 5 rai.

I think that people are angry now because they've implemented a restriction (without announcement) where you need to verify yourself prior to being able to withdraw (no verification required up to 0.5 BTC). Even when you're verified, you can only withdraw 1.5 BTC per day. It's absolutely ridiculous, but also mind blowing that they'd rather spend time implementing features to "lock people in" rather than resolve the issues their platform is dealing with....

The whole reason they need to lock people in in the first place, isn't necessarily coins of values... It's their arrogant behaviour to users, their incapability to handle criticism and the fact that they're unable to keep the exchange running.

I think that is written somewhere or maybe that was the minimum deposit was 100 otherwise it wouldn't be credited. In any case the restrictions on withdrawals are obviously a ploy to keep your money there because that is the only coin they have of value. To BitGrail add more coins of value if you feel this will screw your business!

I was thinking of buying raiblock. Going to buy 300 or so.  I have problems transferring it all to an online wallet ?

mercatox also need minimum withdraw and deposit 100 in it, I have few XRB in my wallet, now can't deposit in mercatox without 100,
I not want to buy it in the current price, afraid someone will dump it again. 

"No fees" and micropayments are a good mix of relationships, and No fees will make RaiBlocks a big boost in applications

Very unprofessional from those guys at bitgrail. they don't know how to respond to customers and there is nowhere written that minimum withdraw is 100

I'm stuck in Bitgrail like I was in Polo earlier this year

Not all that bad... as long as the price doesn't cash.

But if XRB hits a big exchange and price pumps will become even more stuck lol

Got into the trap of that New law of limit in withdrawal of XRB on that exchange called Bitgrail. It is very frustrating to traders when trading platforms suddenly come up with new rules just to limit the movement of coins out of their exchange. So frustrating.

You scammy fuckers (Bbitgrail.com) why there is a 100 Raiblocks limits in order to withdraw!!! Once someone send you 100$ to try your coin he can withdraw and try it! Fuckers! You should warn at depositing point, otherwise you are scammmerrrssss, fuck you.

No, XRB faucet and the Xrb Miner have closed for long time, trust me, if you not are the robot, you never claim your reward in the XRB faucet.