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Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 406. (Read 804700 times)

hero member
Activity: 756
Merit: 502
Before or after the release?

After, as Bter still the prime target to allow withdrawing of the funds.

We however will do our best to make this period as short as possible.
hero member
Activity: 756
Merit: 502
Bter provided a btc address.  That's all. I know it's unlikely but it needs  addressing

We are discussing this matter with Bter, and will post update once we created a good way to demonstrate to the community that the funds are intact.
sr. member
Activity: 490
Merit: 250
Do you have any plan to list Crypti to other exchange? I don't trust Bter any more, I worry my Crypti in Bter.

Yes, we are working on this at the moment.

We will announce once we integrated with additional exchange.


don't forget about btc38 they showed interest on the 8th



welcome to btc38.com.


hitbtc would be nice as well
https://hitbtc.com/vote
hero member
Activity: 714
Merit: 500
Crypti Community Manager
Do you have any plan to list Crypti to other exchange? I don't trust Bter any more, I worry my Crypti in Bter.

Yes, we are working on this at the moment.

We will announce once we integrated with additional exchange.

Before or after the release?
sr. member
Activity: 490
Merit: 250
will bter die? what do u think guys?

BTER is a well established exchange with a good international reputation. It should survive because the hacker apparently did not use TOR to disguise his IP address. If this surprising newflash proves correct, he should be picked up fairly quickly and forced to return the NXT. End of controversy. The hacker is just a kid who is (following the heist and subsequent blackmail) very seriously out of his depth. If located in any countries who subscribe to the European Arrest Warrant Scheme (that is, most countries including Ukraine but not Russia) he will be lifted and extradited by Interpol. If US based, heaven knows what they will do to him. Put him on death row probably. At very least, they will be keen to take pictures of his johnson.

Well at the moment the numbers still look good for Bter just 10 BTC off of Bittrex

hero member
Activity: 756
Merit: 502
Do you have any plan to list Crypti to other exchange? I don't trust Bter any more, I worry my Crypti in Bter.

Yes, we are working on this at the moment.

We will announce once we integrated with additional exchange.
legendary
Activity: 1146
Merit: 1000
will bter die? what do u think guys?
Depends if we think they can swallow the $1M+ they lost to the Nxt hacker. Probably, but until they officially talk, ive withdrawn from BTER.
it is huge money...

If the hacker doesn't return the NXT, Bter will die definitely.

Crypti will replace NXT volume on BTER if distribution goes well.
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors


Litoshi, have you studied complexity theory, like chaos and fractal market theory? Taleb, Mandelbrot, and Edgar Peters have written some good books on the subject. Your outlook is very similar to my own.

Not in a formal way, like going to Stanford.  

Twenty some years ago I realized that by watching TV, I was allowing others to do my thinking for me.  I got rid of the damn thing and spent more time on the net.   Surprising how one article of interest can link to others and still others that can occupy my free time for weeks, but coming away with increased knowledge and insight and a lot to ponder.

That of course leads to more research, more links and leads, and some drift into other areas.  



hero member
Activity: 910
Merit: 1000
NXT holders trolling XCR and BTSX threads now... this is hilarious.

Bye bye NXT. Game over. Grin

As soon as the XCR wallet is released, the price of XCR will be 4-5000 sats. 

So just hang in there.  Buy more, sit, wait, and enjoy.

ETA?

And is this dependent on bter? Didn't they say they want to postpone this in light of recent hack events? I'm confused.
member
Activity: 97
Merit: 10
In the meantime btc's still falling, time to get into the 2nd gen crypto train peeps  Smiley



The reasons for current BTC price weaknesses are interesting. Margin trading is the likely culprit.

Beginning at the beginning (by way of foreplay), missionary position explanations are here:

http://www.coindesk.com/price-bitcoin-falls-500-lowest-level-since-may/


However, the best explanation is probably that margin trading has increased significantly (BTC fire sales are taking place when leveraged traders who get it wrong are forced to close their positions rapidly)

http://www.coindesk.com/margin-trading-crash-price-bitcoin/



Longer term, if regulation clamps down on margin trading to some extent, I adhere to the Telegraphs views on the subject.

http://www.telegraph.co.uk/finance/currency/10960012/Bitcoin-price-to-hit-2000-by-end-of-the-year.html

Quantum,

As for SubStrata, the so called Master(bater) of the Universe, it is obvious that he is just an adolescent investing his allowance so he can buy another game for his X-box.  He is unwilling to learn from those of us with experience, and insists on peeing on the electric fence for himself.  

You cant train a pig by wrestling him in the mud, because the pig likes it.

As for the price of BTC falling:  BTC is being sold to raise capital.  The BTC price has closely followed the stock markets, where margin trading is the rule.  

For those that do not know what margin trading is, it means you pay 10% of the price and borrow the 90% balance at 2% interest.  This allows a trader to buy 10 times as much stock for the same stake.  If the stock rises, the trader either sells and pays the loan, or lets it ride.  Since a trader has to maintain the 10% equity in the stock, if the price falls, he must come up with more cash to maintain the 10% level.  This is called a "margin call".  

Bad part is that to fund a margin call, a trader will sell some of the stock, which causes the stock price to fall further, which necessitates further margin calls, and more selling, more margin calls, more selling, etc............

Anyway, the stock markets have reached what is called a "SIX SIGMA" event.  That means an event with a chance of billions to one of happening.  What it is is complicated, but it is very real.  

The smart money is exiting the market entirely, or is investing in physical silver, gold, or mining stocks.  Oil futures are also popular due to the coming war and the expected $200 a barrel price for crude.  

There will be much happening in the world soon, affecting both the BTC price and XCR by default.  Now that it has been revealed that the MH17 plane was shot down by a Ukranian AirForce fighter with cannon fire and an air-to-air missile, the fuse has been lit on the Russian Front.  

Cybercurrency will play an even more important role in the future.  BTC broke the barriers, but just like MySpace, Lycos, and tape players, something better, faster, and cheaper always comes along and edges the old out.  XCR has a great chance at being the one that bumps BTC off the top.

Litoshi, have you studied complexity theory, like chaos and fractal market theory? Taleb, Mandelbrot, and Edgar Peters have written some good books on the subject. Your outlook is very similar to my own.
hero member
Activity: 910
Merit: 1000
NXT holders trolling XCR and BTSX threads now... this is hilarious.

Bye bye NXT. Game over. Grin

As soon as the XCR wallet is released, the price of XCR will be 4-5000 sats. 

So just hang in there.  Buy more, sit, wait, and enjoy.

ETA?
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
NXT holders trolling XCR and BTSX threads now... this is hilarious.

Bye bye NXT. Game over. Grin

As soon as the XCR wallet is released, the price of XCR will be 4-5000 sats. 

So just hang in there.  Buy more, sit, wait, and enjoy.
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors



Calm down.  XCR will be over 6000 satoshi soon.  NXT is similar to XCR, but has 10 times the coins, and is at 6000 sats.  XCR could reach 60000 sats to be par with NXT.

If you invested non-essential funds in XCR, then you have nothing to lose by waiting, and everything to gain.  If yo invested money that you need for bills, then you are violating one of the rules of successful investing:  Never invest funds that you cannot afford to lose.

Sit back and enjoy the ride.


There will be a severe financial crisis soon, resulting in the death of many Currencies, including the Euro.  If the infrastructure for mobile money transfer with XCR is on place when that happens, then XCR will see the same kind of overnight explosion that AOL saw after Xmas 1997 when 5 million people got cheap ($800) computers for Xmas with a AOL CD Rom.



Hi.. I've been a silent yet avid reader of each post in this forum from the time IPO was in progress and fortunately managed to invest in IPO too. Needless to say there have been very interesting discussions going on here.

Litoshi, I can see you used 'soon' word in two of your recent posts which made me wonder which do you think would be sooner and any approximate timeline for that ?


The hardest part of any prediction is timing.  There are too many factors and players and agendas in the game to know the exact timing.

History does not repeat, but it does rhyme.  American Revolution, War of 1812, American Civil war, Spanish/American war of 1898, WWI, WW2 all started the same way:

First there was a currency war, then a trade war, then a shooting war.  All the above conflicts were started and ended by the banksters.  The next war is no different.  There has been a currency war going on since 2008.  Now you can see the trade war starting with Russia/EU/Ukraine/USA.  Next is the shooting war.  

American revolution started when England refused to let the American Colonies use their own bank and currency.  War ended with a treaty establishing the First bank of the United States (owned by the bankers in the City of London) with a 30 year charter.

War of 1812 started when the charter expired and was not renewed.  War ended with treaty establishing the Second Bank of the US in 1814, 30 year charter.

1834, bank charter ended, President Andrew Jackson refused to grant an extension of the charter, was nearly assassinated.

1860, US Civil war started over tariffs imposed by northern states on the cotton from the south, but northern goods were not subject to tariffs.  Banks demanded 30% interest from Pres Lincoln to fund the war.  Lincoln issued his own currency, and was rewarded with a bullet in the head.

member
Activity: 110
Merit: 10

Calm down.  XCR will be over 6000 satoshi soon.  NXT is similar to XCR, but has 10 times the coins, and is at 6000 sats.  XCR could reach 60000 sats to be par with NXT.

If you invested non-essential funds in XCR, then you have nothing to lose by waiting, and everything to gain.  If yo invested money that you need for bills, then you are violating one of the rules of successful investing:  Never invest funds that you cannot afford to lose.

Sit back and enjoy the ride.


There will be a severe financial crisis soon, resulting in the death of many Currencies, including the Euro.  If the infrastructure for mobile money transfer with XCR is on place when that happens, then XCR will see the same kind of overnight explosion that AOL saw after Xmas 1997 when 5 million people got cheap ($800) computers for Xmas with a AOL CD Rom.



Hi.. I've been a silent yet avid reader of each post in this forum from the time IPO was in progress and fortunately managed to invest in IPO too. Needless to say there have been very interesting discussions going on here.

Litoshi, I can see you used 'soon' word in two of your recent posts which made me wonder which do you think would be sooner and any approximate timeline for that ?
legendary
Activity: 910
Merit: 1000
member
Activity: 86
Merit: 10
Crypti IPO save on bter?

i just sold and withdrew. bter left the nxt/btc open and people were selling "fake" NXT as fast as they could and withdrawing. Bter said they will cover the loss but after the 50mill nxt stolen, i felt better with the btc in my wallet rather than theirs
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
hero member
Activity: 910
Merit: 1000
newbie
Activity: 47
Merit: 0

And oh yeah.... there is that little factor of PRICE & DEMAND.   50 XCR for a new BMW?

I need to build myself a new bigger garage then Wink

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