Hello Community,
I would like to take this time to rebut the current article. But first I would like to simply say that the information is false and posted by a competitor.
Lets address the issue with KTS, CHT along with the knowledge of the KTS Dev sent 4k KTS to Midex Exchange as once listed the coin began to tank. We sent these coins to the MIDEX exchange in order to try and stabilize the price which I will prove in a second. The coins never arrived and the post I made in the MIDAS discord was to get the coins that were missing from my account. Fast forward 24hrs later the coins were credited and below you will see that only some were sold and were sold steadily while increasing the coins value as we set out to do.
#169253 to sell 200.00000 KTS at 0.00013000 BTC/KTS 2019-02-25 19:58:12
#169251 to sell 200.00000 KTS at 0.00012000 BTC/KTS 2019-02-25 19:57:52
#169250 to sell 200.00000 KTS at 0.00011000 BTC/KTS 2019-02-25 19:57:38
#169238 to sell 1,000.00000 KTS at 0.00011000 BTC/KTS 2019-02-25 19:55:22
#169235 to sell 195.45594 KTS at 0.00010076 BTC/KTS 2019-02-25 19:54:50
#163635 to sell 100.00000 KTS at 0.00010688 BTC/KTS 2019-02-25 11:04:00
As you can see above that is the opposite of dumping as the writer of this article stated.
Now lets address the accusation of CHT being responsible for the crash of IFX lol! Below is the announcement made by the IFX DEV on March 6th 2019 at 740pm EST
@everyone
Dear Infinex Supporters,
As you all know, the safety of your funds that you are planning to invest in the future InfiniDEX - the decentralized exchange powered by Infinex - is of my top priority.
With the recent hacking and regulatory issues, such as what has happened to Cryptopia, Maple Exchange, and EtherDelta, I have spent countless nights to think of what is best for InfiniDEX... My limited resources, lack of experience, and next to none background in this matter does not help.
It is with heavy heart that I truly realized own limitations in the last three crunch days.
As such, I have decided to postpone InfiniDEX indefinitely. This does not mean that InfiniDEX will cease to exist.
Here is a snapshot of our CB Balance as of March 10th, 2019 750pm EST
https://drive.google.com/open?id=1IZkZz5CaAWlNr8yhRKQvKXPhEBy3f0mPAs you can see we still hold a balance and did not dump at all.
So let me explain the context of the chat that you all only see a snippet of, the conversation that you see is between me and the DEV for TRTT which when looked at the way they posted it looks like we sold and that red candle is our doing but if look closely the dump happened almost 20hrs prior to me stating we sold the dying projects coins. That conversation clearly shows that it happened on March 7th 2019 at 254pm EST and IFX crashed only because of their post and not because of CHT.
https://drive.google.com/open?id=1S8tW9hJtpf4tBkZXYjaJ7ds7LWHCTqfFSo to put this into context, myself and the TRTT Dev dont see eye to eye and he has a hard on for use as we are competition. What he has done here is simply takes pieces of conversations and manipulated it to fit his attempt at FUD. CHT only sells rewards at current price or above never at the asking price.
Many Shared MN services charge fees from rewards I will not name them as this is not the point. But I will mention that TRTT does when their users have no TRTT to pay their hosting costs ask yourself what they do with that commission?
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Last but not least our Variable commission like Jack stated above is to only retain $2.5 a month from rewards so ask yourself this can $2.5 worth of coins cause a coin to fail??? The answer absolutely not!!!
God Bless you all!