Thank you for the link and update. I read it and am not surprised that Bitmora will not be authorised and registered with the SEC at the time of launch. Apart from Coinbase (which has hundreds of million of US$ invested by bluechip companies) which should sail through SEC accreditation, others will struggle. One of the things that is in Bitmora's favour is that it is based and registered as LLC in the US. The biggest problem that makes SEC regulation difficult is that whereas Coinbase has a trading history and has many millions in reserves to cover various losses and provide confidence to regulators, Bitmora unfortunately only has the funding raised from its investment-for-launching-a-new-business format and zero trading history and the amount raised was not a massive amount. FIAT trading will also not be as straight forward as many hope simply because of the red-tape involved but the things that I gathered from your review is that the business still hopes to go live on time but with 10 coins and with FIAT deposit/withdrawals but if not they will be added shortly added after launch and in the future you hope to become registered with the SEC. The setbacks you listed do not surprise me because I had and still have lots of reservations about the viability of your whole project based on what I know of it (this forum and whitepaper) but wish it all goes well. You put a lot of time and effort in to Bitmora so definitely respect you and wish the best. I hope you have a successful launch as it would be good for crypto enthusiasts to have more choice. Thank you for the review link. |
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Hi,
I'd forgotten the password and lost the key to my electrum wallet however I had a good idea of what the password was and dontworry2much.com helped unlock the wallet in less than 2 hours! Recovered more than 500 euros. Payed less than a hundred a year or so ago so delighted.
Just wanted to leave a review incase anyone else has the same issue as me.
Cheers
Jerry
Not sure if this review is true or not. Sounds and looks suspicious because no mention of when the 100EUR was paid, in advance? So effectively they can keep the 100EUR and not help? |
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OP, can you confirm you are using the up-to-date version of electrum ( 3.1.3)? Older versions do not sync properly (and therefore don't allow to send transactions properly). What does your electrum balance show? Does it show the reduced amount (after sending tx) or does it show the 'whole' amount ? I am using 3.0.6 and have not upgraded to 3.1.3. My testnet is fine for sending and receiving with no sync issues at all so am presuming the OP has other issues |
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Did you get any response from the SEC?
Hi! Tomorrow (Monday) morning our Weekly Review will be posted and an SEC update will be given in that. Thanks, looking forward to reading it. I have no doubt Coinbase will sail through the SEC requirements and Poloniex will not be far behind. As Bitmora, it has not officially launched yet so will be interesting to see where this goes. |
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Try BestRate ICO Payment tool. This is a service designed specifically to facilitate payments for ICO investors. - Accept fiat and 80+ cryptocurrencies - No additional fees - All KYC risks are covered bestrate.org/ico-payment-tools/Thank you for the information but there is no real detail about whois the people behind the project are. Bestrate Ltd (as shown on their Twitter page) does not exist when a company search was made. There is no information about the people or company behind "Bestrate" and as mentioned "Bestrate Ltd" does not exist. For me, this has scam written all over it. Even if the previous token sales it claims are genuine it is normal for scams to trade in a way close to as properly as possible before scamming when the prize gets bigger. Thanks for putting them forward, they might be genuine but I think they are fraudsters and I am not going anywhere near them |
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Thank you for the link but how is that secure? What experiences have you of the person that made that website? |
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Did you get any response from the SEC?
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I think many people own Bitcoin more than 100,000Bitcoin, but they are probably making a profit by controlling this market silently. Many Crypto billionaires do not reveal their identities because they know that this can be dangerous to them and that they can become the target of criminal crime. Anonymity is essential to many big and small players for a variety of reason. Becoming victims of crime, hacking, abductions or stings is probably top of the list but there could be many reasons why people do not announce their holdings. If I were a whale I would keep it quiet and not announce it to the world. |
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These sound like awesome features to me.
I've had so many issues with Kraken and Binance, I nearly didn't get into crypto at all. They just had flat out broken sign up processes, both! There was absolutely no way to contact them either, I tried! To have even simple support ticket systems would be a huge upgrade and a great way to get a reputation as the most reliable exchange around. Given all that Bitmora says it will provide you have to balance that offering out with the fact it will be a new exchnage with no track record. Only time will tell about Bitmora and its success but I do wish the team have a good launch and their business will be accepted by crypto holders. |
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The crazybet bet in my country is not totally known, and it is good for you to share this question so that people would also know about crazybet, and all of us can only avoid scammers if we used only the good trusted one, which have a long of business operations without any complaints from people or has already a good trust records of business operations connected to cryptocurrency business. The problem is the ones intending to scam tend to use fake social media to show they are "real" but there is no way of knowing for sure they are real or fake. It is very risky investing by looking at whitepapers. Here is the CrazyBet whitepaper link: https://docs.wixstatic.com/ugd/417ff5_88722d70a6434ad39281d92bb79e0dca.pdfIt has fake About Us/Team and token distrubtion etc. Many people were duped by this so what in your opinion is the best way to try and avoid scams? They ran off with over $2.5 million in Ether all because they ticked most of the boxes investors are looking for but they fooled investors. |
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it is begining to be clear now that you only know the true collor of Ico when the crowdsales has ended True. Only after the crowdsale ends can things be clear but if the team running the ICO gives step by step information on milestones and cash figures, targets reached etc then it gives investors a lot of hope and confidence. |
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The last time envion gathered the most, and after the end of the ico, the team did absolutely nothing, the conclusion is that the large fees are not a good project in the future.
All ICOs and the way they were run has to be a good learning process for others wishing to launch ICOs and also for investors. The blueprint should be invest as little as possible but to make the ICO successful and to gain some profit some time down the line. |
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There are so much ICO all over the market place. You can pick some that seems truthful to there platforms but be careful not to fall on scam ICO. What do you look out for when trying to spot a scam? |
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In the recent past, passive mining earning ico Envion raised around $100 Million which is the highest amount raised in its category uptill now. I just hope that they will take care of the bounty campaign managers as soon as possible as they still have not sorted them out and it is almost 4 months after ico. So many ICOs and campaigns are delaying payouts of bounties. This delay just puts off those people that work hard to participate in them. The people helping promote the ICO or coins deserve better. |
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Many ICOs are coming out but only few of them are promising, you need to be so careful in picking ICO to participate in, look at the team and know their plans for the project. You are right but the days of the wild west ICOs with millions and millions of $ raised in investment are probably over |
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What did they say they would do with the money raised? $1.7 billion (if that figure is correct) is a lot of money so what do they intend to do with it? It has a lot of brave plans... To create its own cryptocurrency, to make full payment system through Telegram messengers Seems interesting. With $1.7 billion a lot can be achieved |
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many ICOs are emerging, it would be nice to do a whitepaper analysis, ask many questions to the team involved. Sometimes there are some ICOs that are less responsive to customers. After that make a choice. Still risky investment even after reading whitepapers |
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What was the largest amount of funding ever raised in an ICO (including pre-ICO) How long did it take to raise that amount? If anyone knows please reply  i don't know about the largest ICO, but i think the most profitable ICO is ETH. in 2014, ETH price no more than $1. But now, eth price is already $600. back then ICO still not popular, i didn't know how ethereum team collect the funds. Thank you for pointing that out. I did not know Ethereum had an ICO. |
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I think Tezos and filecoin are still the largest ICO till date because they raised highest amount so far but the telegram pre-sale that was reportedly said it raised $1.7B is still not clear. Tezos was the ICO that lost all the money because of a hack right? How much did Filecoin raise? |
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