BITTREX and elitecoindev should be responsible for this ELITECOIN - page 2.

raffern

full member

Activity: 159

Merit: 100

Quote from: Dimitry on July 26, 2014, 04:06:45 AM

Bittrex should refund this one! adding a hidden premine is HUGE mistake, and is really bad for business

Why they dont bother to do any checks Sad

I've lost 0.27 btc on this and i think i'm done with crypto. It's a minefield. Bittrex should not add coins with out checking for pre-mine etc it's bang out of order. We lose while they made money from fees Sad

bitcoinwonders010

hero member

Activity: 686

Merit: 500

what are the total coins now with hidden coins

cassius69

sr. member

Activity: 280

Merit: 250

im tired of this dumbass analogy about crypto bein the wild west.

this aint 1860 and we are civilized modern people.

this isnt a frontier land. we r talking about a website and a community that needs to set minimum standard guidelines.

the reason that its not happening is because the scammers and exchange want it this way.

its up to us to peacefully protest until changes happen.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: cassius69 on July 25, 2014, 09:01:39 PM

unknown devs releasing bullshit coins on an greedy exchange.

Unknown devs = Bittrex so yes, just jump on any new coin that pops up on exchanges (Bittrex is not the only one doing it) almost instantly after mining starts, you'll be up for
more nasty outcomes. If you think exchanges are not doing it well you're very green. It is time to change your color else you will certainly end up "skinned alive" around here.

naphariel

newbie

Activity: 59

Merit: 0

Quote from: Dimitry on July 26, 2014, 04:54:49 AM

But shouldnt bittrex look over the code and make sure there isnt any hidden premine before adding a new coin?

No.
Exchanges provide a medium for trading coins, nothing more.
It's up to you to decide what a coin is worth, if anything at all.

Dimitry

hero member

Activity: 896

Merit: 501

Quote from: Geenstijl on July 26, 2014, 05:09:27 AM

Quote from: Dimitry on July 26, 2014, 04:54:49 AM

Quote from: Geenstijl on July 26, 2014, 04:49:19 AM

Guys, this is crypto. Its the wild west. You all here to make big profits you gotta keep in mind that there are huge risks. I also lost a lot of money due to the digital commerce scam, but i realised i was just not cautious enough. Do your research and do not invest in ipos/early stage coins that have not proven anything.

I fully understand that. But shouldnt bittrex look over the code and make sure there isnt any hidden premine before adding a new coin?
Getting scammed is one thing but exchange not looking over the code is huge. I would say all withdrawal funds at bittrex.

Atleast cryptsy is trusted.

Everyone wants to be the new wolf of wallstreet Wink

good luck finding happiness in this world

Getting burned like this so many times, almost want you to set up a scam team and do it better yes!
Because these scams are not making max profit!

Geenstijl

legendary

Activity: 1232

Merit: 1000

Quote from: Dimitry on July 26, 2014, 04:54:49 AM

Quote from: Geenstijl on July 26, 2014, 04:49:19 AM

Guys, this is crypto. Its the wild west. You all here to make big profits you gotta keep in mind that there are huge risks. I also lost a lot of money due to the digital commerce scam, but i realised i was just not cautious enough. Do your research and do not invest in ipos/early stage coins that have not proven anything.

I fully understand that. But shouldnt bittrex look over the code and make sure there isnt any hidden premine before adding a new coin?
Getting scammed is one thing but exchange not looking over the code is huge. I would say all withdrawal funds at bittrex.

Atleast cryptsy is trusted.

NYSE low volume markets is filled with junk. It up to the investors whether they reward these scamcompanies. Unfortunately greed is what thrives this market. Its what thrives our society lol. Thats why people like bitcoin, they hope it can bring change. However, by the looks of it... Cryptocoins have become an even more extreme version of a greedy investors dominated market... Everyone wants to be the new wolf of wallstreet Wink

good luck finding happiness in this world

Dimitry

hero member

Activity: 896

Merit: 501

Quote from: Geenstijl on July 26, 2014, 04:49:19 AM

Guys, this is crypto. Its the wild west. You all here to make big profits you gotta keep in mind that there are huge risks. I also lost a lot of money due to the digital commerce scam, but i realised i was just not cautious enough. Do your research and do not invest in ipos/early stage coins that have not proven anything.

I fully understand that. But shouldnt bittrex look over the code and make sure there isnt any hidden premine before adding a new coin?
Getting scammed is one thing but exchange not looking over the code is huge. I would say all withdrawal funds at bittrex.

Atleast cryptsy is trusted.

Geenstijl

legendary

Activity: 1232

Merit: 1000

Guys, this is crypto. Its the wild west. You all here to make big profits you gotta keep in mind that there are huge risks. I also lost a lot of money due to the digital commerce scam, but i realised i was just not cautious enough. Do your research and do not invest in ipos/early stage coins that have not proven anything.

amit2007gunjan

sr. member

Activity: 378

Merit: 250

I think, time has come to have some regulation on launching a new coin to safeguard the interest of miners and investors.The moderators of altcoin forum or a few reputed members should take the initiative to chalk out some guidelines, get it approved by the community at large and enact it.Otherwise,grave danger of trust deficit in newcoin will keep serious investors away from altcoins and harm the whole ecosystem in the long run.

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: Shadow_Runner on July 26, 2014, 04:24:14 AM

Quote from: Dimitry on July 26, 2014, 04:06:45 AM

Bittrex should refund this one! adding a hidden premine is HUGE mistake, and is really bad for business

I think nobody gonna refund.

You can call me paranoid, but IMHO there is a group of scammers who are making again and again shit coins and exchanges covers them.
They already saw how this "community" can be scammed without any trouble.
Do you gonna call your loyal of FBI? No. So we have well prepared goup of scammers and drove of sheeps who gonna do nothing if they will be scammed.

I already saw how stupid "community" losses money with IPO scams. Also they accept big premine, call others FUDDERS and then wondering why dev left them lol (HonorCoin).

And more and more...

Look at Darkcash, so called no premine, but they released the coin 10 mins after they post it, so nobody was ready, only their own pool, so indeed no premine, but in fact there was a huge amount of blocks mined by the owner himself, and it is a 2 days POW Cheesy

, i didn't check how many blocks were instamine but we all know that the first blocks goes like crazy. I even don't care how much it was instamine.

Anyway, small IPOs i still love a lot, i took a lot of money on ROM/GRK/OTC the ancient coins, then NOAH coin, V8 was a failure, ICB was ok, took some money in the beginning but bought back in and dev went away, anyway, investing in premine coins is maybe better then in not premine coins as when you check Darkcash. Investiging in small IPOs is not bad too. I'm now looking at B2B coin and Ethancoin. Vent looks like shit, and XCLOUD can be interesting too.

Shadow_Runner

hero member

Activity: 574

Merit: 500

Quote from: Dimitry on July 26, 2014, 04:06:45 AM

Bittrex should refund this one! adding a hidden premine is HUGE mistake, and is really bad for business

I think nobody gonna refund.

You can call me paranoid, but IMHO there is a group of scammers who are making again and again shit coins and exchanges covers them.
They already saw how this "community" can be scammed without any trouble.
Do you gonna call your loyal of FBI? No. So we have well prepared goup of scammers and drove of sheeps who gonna do nothing if they will be scammed.

I already saw how stupid "community" losses money with IPO scams. Also they accept big premine, call others FUDDERS and then wondering why dev left them lol (HonorCoin).

And more and more...

rikkejohn

hero member

Activity: 644

Merit: 500

Bittrex is allowing trading to continue, so yu can still sell your coins .... at a loss

Dimitry

hero member

Activity: 896

Merit: 501

The developer is long gone man his intentions are evil from start! It has been like this, " we are working on it" or "next week" no real work has been done

Dimitry

hero member

Activity: 896

Merit: 501

Bittrex should refund this one! adding a hidden premine is HUGE mistake, and is really bad for business

Shadow_Runner

hero member

Activity: 574

Merit: 500

Quote from: ?? on ??

I tweeted to Elitecoin dev, hope we will get some statement about this fucked up situation, please RT.

https://twitter.com/YellowCrypto/status/492956792658612225

He ran away already.

Also, does anybody has a list of premined scams? I mean honorcoin etc?

rikkejohn

hero member

Activity: 644

Merit: 500

https://mega.co.nz/#!qZk30bZL!jP_4y24_2kbkB6mGtvdfN6j6JBKS-ab66k0R-DGhXes

here is the source

Shadow_Runner

hero member

Activity: 574

Merit: 500

LOL. Premine? After few days? If Bittrex require Block Explorer, why they didn't watch source code and BE?

Dimitry

hero member

Activity: 896

Merit: 501

Quote from: 666#666 on July 26, 2014, 03:29:55 AM

Quote from: Dimitry on July 26, 2014, 02:40:56 AM

I want my btc back, any idea how to get it back?

It's not an ICO, so I think it's impossible to get your btc back.

I dont think getting anything back. But bittrex add a coin with hidden premine its there job to add legit coins.

I have about 18 hours of free time a day and going to invest 9 of those hours talking bad about bittrex. They have to suffer from this stupidity I hope more people joining because this really has to stop.

666#666

member

Activity: 462

Merit: 10

Quote from: Dimitry on July 26, 2014, 03:12:22 AM

Quote from: gabotilyo on July 26, 2014, 03:07:54 AM

Quote from: CryptoTV on July 25, 2014, 09:04:23 PM

I am also boycotting Shittrex

Alright,then go to Mintfail!

10 more of these coins and bittrex is close to mintfail and we all go to craptsy

Never go to crypty. Slow like a 1,000 year-old woman .Never ever.

Topic: BITTREX and elitecoindev should be responsible for this ELITECOIN - page 2. (Read 4522 times)