NXT :: descendant of Bitcoin - Updated Information - page 1896.

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: jl777 on January 03, 2014, 09:18:12 AM

nxtchg owner posted about a bug that cost him a lot. Did not seem he wanted to continue, certainly not large volume tradings.

Just to clarify, this was not my bug, it seems like some sort of memory corruption in the client, which puts wrong number into address.

I have no problem with large trades so long as they are small for you personally and you are not afraid to lose them.
Also, withdraw by smaller chunks to lessen the probability of another such error.

I will save a screenshot before clicking "send" on each withdrawal from now on to make absolutely sure it wasn't my mistake.

Somebody just deposited 60 000 NXT, so we'll see

rickyjames

full member

Activity: 196

Merit: 100

Good morning, EpicThomas -

I've been reviewing 18 US Code 1030 - you know, the law covering the computer felony you admitted in this forum that you have committed. Check it out:

http://www.law.cornell.edu/uscode/text/18/1030

I wanted to know the right buzz words to use when I call the Orlando FBI office next week at (407) 875-9976.

Later today I'm gonna talk to your aunt. Listen to what she says when she calls you this weekend.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: ImmortAlex on January 03, 2014, 09:24:14 AM

Quote from: mcjavar on January 03, 2014, 09:20:01 AM

75. it is 75 million. In only one of the accounts.

And if everyone who hold their Nxt in dgex tries to withdraw... Dgex will get 75M * 1.4%.

You should join Nxt team in some capacity.

notsoshifty

sr. member

Activity: 378

Merit: 250

Quote from: 2Kool4Skewl on November 25, 2013, 01:04:44 AM

Full source code will be released Jan 3rd, 2014. The fifth anniversary of bitcoin's genesis block.

Unless we're going to get more code in the next few hours, the note on the first page should be edited.

Code? Check!
Source? Check!
Full? Sorry, afraid not. Removed some bits, added some flaws, doesn't work on the live network.

ImmortAlex

hero member

Activity: 784

Merit: 501

Quote from: mcjavar on January 03, 2014, 09:20:01 AM

75. it is 75 million. In only one of the accounts.

And if everyone who hold their Nxt in dgex tries to withdraw... Dgex will get 75M * 1.4%.

bybitcoin

hero member

Activity: 672

Merit: 500

I warned about dgex behavior several times in our bounty thread, every time the head guy jumped in to defend their business.
But the funny part is they even didn't try to implement the simplest of improving suggestions which we mentioned there: that
is a secure https connection..?!
What dgex does is very simple, they are making bunch of money out of Nxt, and the only thing they improve is just their profits,
simply because of two reasons:
1- Monopoly, not any serious competitions;
2-They are here for a short-term profit.
First was freicon, then nxt... they only need to change the logo each time!

mcjavar

hero member

Activity: 784

Merit: 500

Quote from: jl777 on January 03, 2014, 09:18:12 AM

nxtchg owner posted about a bug that cost him a lot. Did not seem he wanted to continue, certainly not large volume tradings.

There was a bunch of NXT inventory available around 3 XRP, but it got snapped up. We need more inventory of NXT on ripple using simpleGateway.

Please try peercover NXT gateway, it pays for costs from forging revenues of the NXT you deposit. No other fees. If there will ever be fees, there will be plenty of notice.

I guess most people have their NXT trapped within dgex. Is there anybody that has NXT outside of dgex who is willing to deposit into ripple? If not, is there anybody willing to sell to me and I can make some NXT available at market price.

ripple is relatively small now. NXT can become the largest issue on ripple if we just moved our trading there. Being the largest issue will help promote NXT. Better to be the big fish in a small pond first.

James

P.S. Can anybody talk some sense into dgex owner and allow people to withdraw without crazy big fee. Isn't forging from 50million NXT enough???

75. it is 75 million. In only one of the accounts.

jl777

legendary

Activity: 1176

Merit: 1134

nxtchg owner posted about a bug that cost him a lot. Did not seem he wanted to continue, certainly not large volume tradings.

There was a bunch of NXT inventory available around 3 XRP, but it got snapped up. We need more inventory of NXT on ripple using simpleGateway.

Please try peercover NXT gateway, it pays for costs from forging revenues of the NXT you deposit. No other fees. If there will ever be fees, there will be plenty of notice.

I guess most people have their NXT trapped within dgex. Is there anybody that has NXT outside of dgex who is willing to deposit into ripple? If not, is there anybody willing to sell to me and I can make some NXT available at market price.

ripple is relatively small now. NXT can become the largest issue on ripple if we just moved our trading there. Being the largest issue will help promote NXT. Better to be the big fish in a small pond first.

James

P.S. Can anybody talk some sense into dgex owner and allow people to withdraw without crazy big fee. Isn't forging from 50million NXT enough???

kunibopl

full member

Activity: 184

Merit: 100

Cashout on NxtChg is much much quicker than on DGEX and there are no fees at all.
The only think missing is traders. I wonder why?

laowai80

member

Activity: 98

Merit: 10

Quote from: Tompa on January 03, 2014, 09:06:28 AM

I would suggest dropping the fees back to yesterdays level and posting an announcement that the fees will become effective in x days.

Might be a good idea.
Another good idea is to set minimum deposit and withdrawal amounts, this will reduce work load.

mcjavar

hero member

Activity: 784

Merit: 500

Quote from: jl777 on January 03, 2014, 09:06:45 AM

ripple bid for NXT is 3 XRP = ~0.000103
NXT is trading on ripple in form of NXT/XRP
If there is interest NXT/USD and/or NXT/BTC will start trading there.
no commissions, no deposit or withdrawal fees, already trading

ripple is not usually considered a major exchange, but its total volume of trades is over $1 million per day.

James

I think there is interest...

bitcoinpaul

hero member

Activity: 910

Merit: 1000

that's right. didn't saw the ntx fee.

they should have announced it a few days earlier.

kunibopl

full member

Activity: 184

Merit: 100

what is so bad about NxtChg.com?
I did several successful trades, the customer support was wonderful and it also looks nicer than DGEX.

jl777

legendary

Activity: 1176

Merit: 1134

ripple bid for NXT is 3 XRP = ~0.000103
NXT is trading on ripple in form of NXT/XRP
If there is interest NXT/USD and/or NXT/BTC will start trading there.
no commissions, no deposit or withdrawal fees, already trading

ripple is not usually considered a major exchange, but its total volume of trades is over $1 million per day.

James

Tompa

full member

Activity: 224

Merit: 100

Quote from: mcjavar on January 03, 2014, 08:35:06 AM

Quote from: jl777 on January 03, 2014, 08:33:44 AM

Quote from: schnib12 on January 03, 2014, 08:31:43 AM

Quote from: laowai80 on January 03, 2014, 08:07:04 AM

well, what you guys expect, dgex is a business, it's for a profit, don't like it - there are other exchanges

or set up your own. Doing manual withdrawals, covering losses from his own pocket and dealing with 300 emails per day must be a nightmare.

Introducing new fees for people who already have money on the trading site isn't a nice way to do business. So it would be fair if people who deposited before the new fees where introduced would be able to withdraw the "old" way. Otherwise it is just a scam.

It is customary to have 30 day notice before changing fee structure dramatically. With NXT accelerated timeframe, even 3 day notice would have been expected. Maybe 3hr notice?

James

+1

+1

Very disappointed and angry. Not because of introduced fees but because of the lack of any kind of prior notice. Very unfair business move.
If anyone from DGEX team is reading I would suggest dropping the fees back to yesterdays level and posting an announcement that the fees will become effective in x days.

rickyjames

full member

Activity: 196

Merit: 100

Quote from: laowai80 on January 03, 2014, 08:32:28 AM

Quote from: Fatih87SK on January 03, 2014, 08:30:23 AM

To the moon!

Well, not so quick, first landing is above 0.0001 BTC and staying there not crashing below again.

That's called getting into orbit in preparation for TLI (translunar injection).

God, I miss the excitement of the Apollo program from when I was a kid. Chasing EpicThomas is fun, but moonlandings...THOSE were a rush.

Seeing my NXT balance is a pretty good rush, too.

marcus03

full member

Activity: 224

Merit: 100

Quote from: jl777 on January 03, 2014, 08:33:44 AM

Quote from: schnib12 on January 03, 2014, 08:31:43 AM

Quote from: laowai80 on January 03, 2014, 08:07:04 AM

well, what you guys expect, dgex is a business, it's for a profit, don't like it - there are other exchanges

or set up your own. Doing manual withdrawals, covering losses from his own pocket and dealing with 300 emails per day must be a nightmare.

Introducing new fees for people who already have money on the trading site isn't a nice way to do business. So it would be fair if people who deposited before the new fees where introduced would be able to withdraw the "old" way. Otherwise it is just a scam.

It is customary to have 30 day notice before changing fee structure dramatically. With NXT accelerated timeframe, even 3 day notice would have been expected. Maybe 3hr notice?

I feel the same way. Making money or being able to pay for expensed with the exchange is fine, but changing the fee structure without previous notice and applying it to assets that you previously put into your dgex account while the old fees were applicable is a bit on the scammy side...

kunibopl

full member

Activity: 184

Merit: 100

you can't lure people on your tradingsite with 0% NXT withdraw fee and once you have their money, invent a fee without proper announcement.
why didn't you just set the fee at 100%. then the theft would at least be abvious.

bitcoinpaul

hero member

Activity: 910

Merit: 1000

Quote from: markus1000 on January 03, 2014, 08:54:10 AM

Unless prices go to the moon and no other exchanges will emerge this doesnt look good for dgex.

? Does not look good for whom?

There will be other exchanges, now that the code is released...

markus1000

full member

Activity: 153

Merit: 100

the exchange fees are way to high, this wont help nxt at all. Unless prices go to the moon and no other exchanges will emerge this doesnt look good for dgex.

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1896. (Read 2761645 times)