In this cases bittrex could make public details of account of this bad traders I mean, elite adress,btc,emails, maybe community can found to scammers...
To be fair, I don't think bittrex can release the email address
Topic: Elite coin another bittrex scam? - page 6. (Read 10572 times)
To be fair, I don't think bittrex can release the email address
Its clear that with last big scam-wave Trex must start to think how to protect their users.
Analyse the code for hidden premine.
Big suspicois deposits must go to hold.
Not allow do withdraw big amount of BTC for new users.
Block scammer account. (Like BTC-E do sometimes). and if its possible make some rollback.
Nowadays it`s more profitable to launch scam coins than to be honest. And no one want to change this. But if not do this - we lose more in long run.
Analyse the code for hidden premine.
Big suspicois deposits must go to hold.
Not allow do withdraw big amount of BTC for new users.
Block scammer account. (Like BTC-E do sometimes). and if its possible make some rollback.
Nowadays it`s more profitable to launch scam coins than to be honest. And no one want to change this. But if not do this - we lose more in long run.
It's pretty simple to me.
We are currently looking for the perfect altcoins exchange. Mintpal seemed to be the one, before it f&$#ed up with security.
Bittrex looks like the best option atm, but only becouse all the others are pretty shitty. If Bittrex wants to become the solid (not just a seasonal) number 1 alt exchange - it have to be THE BEST. In every point.
And don't give me a shit like: "Bittrex didn't hold a gun to Yr head and said buy this shit, but that" - so it's not their fault. It doesn't matter if it's their fault or Yours.
Exchanges are services - they want to get a maximum volume due to maximum clients/users. THEY SERVE YOU. So they have to do everything to make their users happy. It also includes checking the coins, before adding them.
Simple.
+1 We are currently looking for the perfect altcoins exchange. Mintpal seemed to be the one, before it f&$#ed up with security.
Bittrex looks like the best option atm, but only becouse all the others are pretty shitty. If Bittrex wants to become the solid (not just a seasonal) number 1 alt exchange - it have to be THE BEST. In every point.
And don't give me a shit like: "Bittrex didn't hold a gun to Yr head and said buy this shit, but that" - so it's not their fault. It doesn't matter if it's their fault or Yours.
Exchanges are services - they want to get a maximum volume due to maximum clients/users. THEY SERVE YOU. So they have to do everything to make their users happy. It also includes checking the coins, before adding them.
Simple.
they are offering a customer service
losing money cause of a bad trade i can live with
losing money because of coins that are clear scams is not a traders fault
its bittrex responsibilty to ensure their customers are protected from this.
if takes extra time to go over codes before listing a coin that's what they need to do.
they are clearly driven by greed and have no care at all for their customers that make them income.
if this happened in the share market these guys would be in jail.
some dev save to ELITE of scratch: cut supply......
It's not the case. If it had hidden premine, then it's done. Game over.what about a new coin? we could change our old coins to a new instead off mining it again for example Elite Evolved or Elite 2
some dev save to ELITE of scratch: cut supply......
It's not the case. If it had hidden premine, then it's done. Game over.
some dev save to ELITE of scratch: cut supply......
It's pretty simple to me.
We are currently looking for the perfect altcoins exchange. Mintpal seemed to be the one, before it f&$#ed up with security.
Bittrex looks like the best option atm, but only becouse all the others are pretty shitty. If Bittrex wants to become the solid (not just a seasonal) number 1 alt exchange - it have to be THE BEST. In every point.
And don't give me a shit like: "Bittrex didn't hold a gun to Yr head and said buy this shit, but that" - so it's not their fault. It doesn't matter if it's their fault or Yours.
Exchanges are services - they want to get a maximum volume due to maximum clients/users. THEY SERVE YOU. So they have to do everything to make their users happy. It also includes checking the coins, before adding them.
Simple.
We are currently looking for the perfect altcoins exchange. Mintpal seemed to be the one, before it f&$#ed up with security.
Bittrex looks like the best option atm, but only becouse all the others are pretty shitty. If Bittrex wants to become the solid (not just a seasonal) number 1 alt exchange - it have to be THE BEST. In every point.
And don't give me a shit like: "Bittrex didn't hold a gun to Yr head and said buy this shit, but that" - so it's not their fault. It doesn't matter if it's their fault or Yours.
Exchanges are services - they want to get a maximum volume due to maximum clients/users. THEY SERVE YOU. So they have to do everything to make their users happy. It also includes checking the coins, before adding them.
Simple.
In meantime Elite have any chance of survive, it need a new dev, bittrex: Coin seems to have a premine. All previous orders have been cancelled. Please trade at your own risk - we will let the market decide the fate of the coin., it do not have value now., community have source code.Maybe cut supply now.
^^ right but it avoid me a lot of scam coins, and will have + rules to me, I dont will use exchanges I only will hold such as old times BTC until they offers security, perhaps I will have succesfull with a coins in a couple of years ......,
*No IPO,ICO, and all kind of things beginning with I and finishing with O.
*No IPO,ICO, and all kind of things beginning with I and finishing with O.
^^ this will not help alot.
Look at Maia coin. Dev is not noob but coin was only dumped ... to 30 sat.
Prev his coin was Boost coin. Not a big success but some made money some loose.
Iceberg was made not by noob also. Those who bought IPO not happy now for sure.
Look at Maia coin. Dev is not noob but coin was only dumped ... to 30 sat.
Prev his coin was Boost coin. Not a big success but some made money some loose.
Iceberg was made not by noob also. Those who bought IPO not happy now for sure.
sorry good devs Im not mining anymore to newbies devs....... everybody must be same thing
my new rule will be: launched coin by newbie equal to scam..... not mining
my new rule will be: launched coin by newbie equal to scam..... not mining
In this cases bittrex could make public details of account of this bad traders I mean, elite adress,btc,emails, maybe community can found to scammers...
I wonder why they chose to dump the premine now though. They really didnt make that much btc maybe a couple at the most?
Yeah, seems like they could have milked it good with some patience. Oh well, recovered some losses from Bittrex re-open. D-bags!
Guys it is unfair to blame Bittrex or any other exchange that adds a coin. The answer is sometimes right in front of you by applying good common sense and looking at the risk indicators. By looking at a few things you can make a call on the residual risk of a coin based on risk factors and then see how that fits into your risk appetite. You can then either stay away or risk it all and the alt-coin exchanges currently just provide a vehicle to cater for the whole of the spectrum of risk appetite.
In the absence of regulation in alt coins (self or otherwise) you can do certain basic things to protect yourself: Elite was high risk based on such an assessment, refer here https://bitcointalksearch.org/topic/m.7974656
In the absence of regulation in alt coins (self or otherwise) you can do certain basic things to protect yourself: Elite was high risk based on such an assessment, refer here https://bitcointalksearch.org/topic/m.7974656
why it's unfair to blame Bittrex and the other shit exchanges? do you think it's fair to the investors? i don't think these exchanges will lead crypto currency to success, they just add coins for money and provide a large space for the damn scam dev.
Because Bittrex didn't hold a gun to your head and say "buy elite or else". The exchange isn't to blame for the bad decisions of its users.
yer an idiot if you went all in on that coin, it's hard to admit, but it's your own fault for clicking buy. . You wanted to get rich quick and someone had a better plan than you, you all know the risks. The price of that coin was a joke anyway, it offered NOTHING and you boneheads still went all in at 0.02 it's hilarious
I wonder why they chose to dump the premine now though. They really didnt make that much btc maybe a couple at the most?
The 'dev' has been trying to pump up the price throughout the day with several 'coming soon' features, notably, a retail partner.But the price continue to plummet, and he finally decided to exit before news of the hidden premine broke.
bittrex should answer this question!
i dont understand, why still buy? lol
1. Some believe in miracle
2. At current prices some need only 10-20 btc to buy all coins (even 40K) and than you can .... find new dev and say all OK ... and hype it 10x times - PROFIT.
Idk.
vootcoin did that, was orginally a premine dump scam coin, decent dev took it over. Dropped to about 50 satoshi after the scam, now its over 3000% higher
True I guess the last couple hours would have been the final blow not everything at once
i dont understand, why still buy? lol
1. Some believe in miracle
2. At current prices some need only 10-20 btc to buy all coins (even 40K) and than you can .... find new dev and say all OK ... and hype it 10x times - PROFIT.
Idk.
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