What happened on April 5 15:55?
Hi, I am KarpelesCoin dev, the coin with an ongoing procedure for Funds Rehabilitation for Mtgox and cyrptorush affected http://www.karpelescoin.org/request.php . Behind KArpelesCoin, there are a lot users, affected, investors, contributors, enthusiasts or simply curious.
On 4 Appr, http://coinmarketcap.com/ added KarpelesCoin and we are deeply grateful for it. I think it was greatly positive for affected and coin users in general. It took convervative positions in price, until suddenly price went up exponentially, on the order of 5000% or more, reaching the rank #8 and capitalization of > $ 5 Millon
However, on 5 Apr 15:55, when it reached the maximum priceof $0.53 per KARPELES, which it was a great news for affected, it was suddenly removed from coinmarket from #8 rank to the bottom. Well, coinmarketcap is really a simple webpage and really dont care for me too much , because of most important thing is KarpelesCoin community and affected.
However, today, a angry user named rascallcooin, possibly an investor, inquired to gliss about this fact.
You did decide to disable KarpelesCoin by yourself, interferring in market, what is against bitcoin spirit and proper of dictatorships like Cuba or North Korea. You did intervene in markets, deciding which coins are good and which bads ...
Just people to say that GLISS manipulate and interfere in market disabling and manipulating coins by own interest.
Gliss did answer to that:
I really have no idea what you're talking about. Allcrypt made a special API endpoint for the site, and it's now working as intended.
However, according Allcrypt exchange owner, it was running fine on 5 Apr and no updates or modifications were done that day, and so, KarpelesCoin was again enabled in coinmaretcap by Gliss but progression when cut-off, losing 5000% of price.
What is the important learning about this? The most important point is community and purpose of coin. KarpelesCoin has got an ongoing Rehabilitation procedure. If you are an affected, you can submit a request, avoiding personal of sensible data if desired. We have got several sources for ensuring the trust of a Rehablitation Request, including mtgox leaked databases, btc blockchain analysis, requests collected, info implied from all the mess, and determining info that could to go out in a few days.
Please, don be affected by an simple web page, KarpelesCoin aim trascends any spurios interest or censorship.
www.karpelescoin.org