Topic: Deleted - page 2. (Read 1017 times)

Lol again don't try to explain a bad situation with a far worse situation like it makes the first one better. Some of us are aware of standard buidl cost and its safe to say that xult.com didn't cos more than $50k to build. So yeah i hear the excuses but if we can please get the financial to support it. regardless of where the tax was paid for example, some of us will get the validity of the info verified before moving forward.

as for your comment "650btc is not such a big amount given the current exchange rate"  that's approximately 2.5 million (yeah that's million) in this current market.

EXCC were transparent from the very beginning and told the public about all the changes on their part. Recall the high-rated ICOs of 2017 — homeblockcoin, unixcoin, hextracoin, regalcoin, and others. It was all scam. On the contrary, EXCC team made several products during this time. Only greater public attention is needed.
650btc is not such a big amount given the current exchange rate. In addition, the tax rate in Poland is 19%, which is 123.5btc from 650btc.
I think EXCC-XULT-DEX project is the good one, the dev team working hard in the background to deliver what it was promised.

Sure, you can count on my support when the team start providing verifiable info. i.e in what jurisdiction was 120 BTC in taxes paid, and can we get supporting info cos we would like to verify it etc. Explaining the spending of 650 BTC with a bunch of unverifiable info does not make them honest, cos they can easily write anything they want, and you as a hero member should know this.

https://xult.com/ is a 50k max buidl, so how are they at a point where resources is limited?  Again, i see their post, now lets see the supporting info. Some of us will get shit verified.

 This group received 650 BTC. The movt of funds should be on a ledger + there shld be verifiable supporting info to support it. we need that detailed financial. And plz do not try to state that so and so is also utilizing bad practice like that makes it better. This is a crowd funded project to build an exchange, and before the crowd entrust them with more money, we should see a breakdown of what they already received.

So, yes excc team members made their identity public, but i believe that decision was made to facilitate a switch from a short con to a long con. Till there is verifiable proof to support the spending of 650 BTC at this early stages, i would hold on to that plausible belief. This guys do not reside in the US, UK or certain Asian countries that prosecute. If i had a penny for every public eastern European team that conned me in this space, i will have a decent amount of pennies by now.

(keep in mind that my claims about a long con attempt is unverified and i will admit to that. But what we know is there is a huge variation btw where we at with the roadmap, to what is spent is and that need to be cleared up with verifiable documents/info)


Again, Its not about what either of us think. Or what anyone that just recently purchased excc might think. Its about accountability at the early stage of an exchange. this certifies that ethical business standards/protocol is been followed before encouraging others to trust them with the safety of their funds.

So, plz lets not deflect anymore cos their service warrants a lot of trust and before its extended, lets see the financial to support the gross mismanagement of 650 BTC. Some of us will like to get the infos verified.

Ok, I took your first post as on the unreasonable side. Sorry, my fault.

From my understanding, money is tight, and with all the expenses listed, it would be tight.

Now that they are at a point where their resources are limited, and they are being honest about it, and acting accordingly, it seems that they havent done anything lead us to believe they shouldnt be trusted.

From my understanding, they actually raised and had full control of the 650 BTC BEFORE they released their actually identities to the public. They could have disappeared easily with ALL the 650 BTC, and there would have been nothing anyone could have done about it most likely. But they did release their true identities to the public, so that builds a lot of confidence in their integrity to me.

So taking this into account, along with that they have been clear in their update, as to the money that was spent, I think they have been more transparent than many of the popular exchanges people have trusted assets with.

And I think the fact that they paid taxes is a good thing.



All that said, I understand your frustration with everything thats happened.

Things did not move forward as everyone would have hoped they would.

The market crashed, Xult took twice the quoted estimate, and the marketing company didnt deliver. These are the main factors for the disappointing results. Lets not hold the Devs feet to the fire for things that were outnof their control.

As they stated in their update, many established exchanges have gone under during this major market downturn, and the EXCC Ecosystem is still alive.

EXCC online wallet is very nice
Xchange.me is working
Xult.com is working

Now the Decentralized Echange wasnt supposed to come out until 2019 and may see delays on launch.


Still, the Devs have everything up and running and are ready to move forward, and bulid the EXCC Community, and gain new customers at the Xult Exchange, so being a large investor yourself, it would be good to see you stand with us and help to build the community to the best it can be.


I intend to build the EXCC Community, gain more investors in EXCC Coin, and help bring more customers to Xult.com.


The EXCC Community could benefit from someone who is willing to ask the hard questions, and still stick with us through the thick and thin.

Can I count on your support?

Its about accountability. 650BTC equates to approximately 2.5 million dollars in this current market.

Its not about what either of us think. Or what anyone that just recently purchased excc might think. Its about accountability at the early stage of an exchange. this certifies that ethical business standards/protocol is been followed before encouraging others to trust them with the safety of their funds.

This is a blockchain platform, the movt of funds should be on a ledger + there shld be verifiable supporting info to support it. At this stage, a blog post to explain several millions in spending without supporting proof is please do not try to explain away a bad practice with a far worse practice cos this is meant to be an exchange.

From all indication, the investors that entrusted them with millions of fund were drastically impacted.
They didn't invest 650 BTC for a broke platform with a 50K max buidl exchange. And that's max 50K buidl cost not value.

So, without providing verifiable info to support this huge variation btw achieved roadmap to total cost, it wouldn't be safe to entrust them with more funds.

I hope that answers your question:)
So, there is nothing wrong with https://xult.com/ if the 650BTC allocated to create/run https://xult.com/ isn't almost gone.

Where we at with the roadmap, to what is spent is    

We see their post, now lets see the supporting info. Some of us will get shit verified

The update explains a lot. You dont think they had to pay taxes? Maybe Im wrong, but I would think they would have to do that.

Why do you see the 120 BTC in Taxes as a red flag? Im not a tax expert, so maybe you see something I dont here?

The update you referenced goes into detail their expenses.

The exchange seems ok to me. Why would you see it as subpar?

 I didn't make any outrageous allegations, i was just responding to this update https://excc.co/project-update/ that 650BTC is almost gone and all we have to show is this exchange https://xult.com/

 In case you unaware,650BTC is a lot of money and the numbers ain't adding up. All am asking for is accountability. 

 Investors already entrusted a large amount of fund to them, and we should verify that it wasn't mismanaged before encouraging others to entrust their funds with them.

 In case you miss the update, there you go https://excc.co/project-update/  the 120 btc for tax should be a quick one to prove

Ive been hired as the Community Manager for the EXCC Ecosystem here on Bitcointalk recently, so.....

@islapdonkey

YOU ARE THE ONE WHO IS MAKING THESE OUTRAGEOUS ALLEGATIONS, SO IT IS UP TO YOU TO PROVE IT.


ILL WAIT...

 Quite sad, that you resulted to this, cos all it takes is just a little research. Just a little research will show that i have been exposing scammers on this forum for awhile and in attempt to discredit my account on this forum, this scam group starting creating threads with malicious info with my acct name attached to it. The admin of the site was made aware and post their research, all related accounts were flagged.

 The ist link is from convery who dumped on his droxne investors and tried to repeat the same act with the same coin. My dealing with the guy is well documented on this thread with extensive proof to support my statement (https://bitcointalksearch.org/topic/m.24810549) even if you took the time to read the thread you posted, you will see the proof.

The second link is from a scam group that i have busted at least 20 of their scam attempt, even the account that posted the comment has multiple negative score related to there dealing with me in the past. All one need to do is do a minor research to easily discredit this post but it seem like every time i make a negative comment about a project, some genius tends to default on this, without realizing that it makes them look stupid to anyone who takes the time to read thru the thread. To see a detailed list of their scam attempts that i have busted, with extensive proof, you can visit this thread https://bitcointalksearch.org/topic/m.24385320

 Also, am not even sure why you posted those thread, my guess is to discredit the guy talking negatively about your investment, without taking into account that am also heavily invested in the same project and my attempt is in the long term best interest of the project. You have a team that was given 650 btc (that's 2.5 million with this depreciated value) and they release an exchange that is subpar compared to what they promised and  looks like it could easily be made with 50-100k. To make matters worse they gave some ridiculous claims for blowing the remaining funds. The same team, wants investors to trust them with the security of their fund.

 All am asking for is accountability with the ICO fund, to make sure this team deserve to be entrusted with investors fund, and you try to use bullshit to make me out as the bad guy. Oh well, apart from the fact that all those post have been proven false by admins on this forum, the team already stated that they blew the entire fund, so you can't use the scammers favorite excuse that am doing all this to blackmail the team.

So, i will repeat this again for the vultures that only care about themselves, but this is bigger than me and you. This guys are trying to run an exchange which entails convincing people to entrust them with the care of huge amount of money, and till they can prove that they didn't grossly mismanage the funds that were already given to them, they don't deserve more funds entrusted to them.

 And don't try to explain away their bad behavior with far worse behavior like it makes it better or claim that this is a new space, so its hard to take account of fund in a blockchain platform. Everyone is trying to make a profit, but some things are bigger than your selfish yearn. By identifying and eliminating dubious practices in the space, we prevent another coinmarket, quadrigacx etc.

Well, before you take any of the text seriously, you should go through these threads:


https://bitcointalksearch.org/topic/islapdonkey-scammer-blackmailer-and-extortionist-2779634      (Islapdonkey scammer, blackmailer and extortionist)

and

https://bitcointalksearch.org/topic/islapdonkey-blackmail-2571714      (Islapdonkey Blackmail)

Here's some feedback that this user has received:
Islapdonkey   2017-10-31   0.00000000      Take everything this guy says with a grain of salt. Continuous serial spammer in the forum, a tumor to bitcoin itself

Such drama..   

 So, for those that are unaware, this platform had an ICO where they collected close to 650+ BTC to build this exchange. After several months of delay, they released a subpar version of what they promised, then made an announcement that they already blew the entire bag. So not only did they release an exchange that look like it was built for 1/16 what they collected, this guys are claiming that they already blew the entire donation.

 They made claims like 120 BTC for tax payment , 50 BTC for shill allocation etc lol you can read more about their ridiculous claims here https://excc.co/project-update/  So, if the goal is to encourage adoption of decentralized alts/encourage better business practice in this space, then we should make it a point to confront/eradicate this dubious characters from the space.

 Am sure someone will be quick to defend their terrible practice with a far worse practice like it makes the first one better. Or they will blame it on the fact the space is new and ppl are still trying figuring it out. By the way, its not hard to track a biz finance/spending on a platform utilizing blockchain.

 So, i have nothing against the EXCC community but as a long term investor that care about the long term health of this project, i suggest that we insist on the admin releasing the financials for the project before moving forward. Since most of the money is blown, and a lot is dependent on the investors (like marketing etc) moving forward, then it only right that we make sure the current admins deserve to reap the benefit of those hard work/should be trusted with millions of fund in their care.

 Quite frankly, the whole idea of decentralized/blockchain space was built on improving better business practice (i.e transparency) and encouraging adoption of DE alts to current central options. So, there is no reason to deny this or try to claim that since so and so company is also practicing bad practice and restricting info with the mass, that it should be accepted from this team. Accountability is key, cos they are trying to run an exchange which entails investors trusting them with the safety of their funds

 Also, an account kept yelling about companies needing to make profit on discord, so i might as well address it immediately. Well, companies need to make financial profit, after they have performed the duties of a company and earned the profit over time. They shouldn't take a significant chunk of investor's money that was given to create something and put it their pocket under the guise of needing to make profit. If that is not the case, then show us the financials, cos we funded the entire project.

 So, for those stating that its in the past and we should move on, should realize that those who are responsible for that past is still in charge and will reap the benefit of all that work. Also, they will be in control of millions of fund. So, if they refuse to release the financials or  it shows that they grossly mismanaged funds and pocketed huge chunks of money for personal use, then we should seriously worry above having such characters in care of people's fund.
 
 So, either we get some transparency from the admin and win some trust back, or i will keep this info in the forefront for the foreseeable future.
 
 Again i have nothing against the EXCC community, i just need to make sure the individuals in charge, deserve to be there. Its best to push out dubious character from the beginning, that how you stop a quadrigaCX/coinsmarket from occurring.

The price for a ticket is too high right now, 1,051.36148911 EXCC.
Pool Size: 36,944

: )

Hi Guys!!

Are you new to EXCC or just coming over from the Discord Channel?

Great to see your support!

With the Dev Team on the EXCC-DEX Decentralized Exchange stage of the roadmap, its time to get the word out!

There is a great EXCC community spread out throughout the different channels, lets spread around this link and get everyone posting here, so we can get the community all in one place.

Heres the link:

https://bitcointalksearch.org/topic/deleted-5113974

Welcome everybody

Thật tuyệt vời

So wonderful to see such a project with a huge potential. After looking into those links, I can safely recommend this to folks all over. I mean, this can easily hit a $1 target with just few moves.

Interesting PoS, like a Decred. Can I start masternode on EXCC now?

CHECK OUT THESE LINKS:



IS XULT.COM A GOOD IDEA?

https://bitcointalksearch.org/topic/m.50021049



WHAT OTHER COINS HAVE MULTI TIERED EXCHANGE PROJECTS LIKE EXCC COIN, XULT.COM, XCHANGE.ME, EXCC-DEX?

https://bitcointalksearch.org/topic/m.49813431



EXCHANGE COIN DEVS JUST BROUGHT ME ON AS COMM MGR. YOUR THOUGHTS ON THE PROJECT?

https://bitcointalksearch.org/topic/m.49921041