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1  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN][EXCHANGE] WCX – Low-Cost Crypto Exchange built by Apple & Wall St team on: July 27, 2017, 11:37:56 PM
3. How much will you charge to trader maker and taker? What's under poloniex or bittrex?
please answer thank you

3. The taker will pay a small fee (e.g. -0.15%) and the maker will get paid, not charged, a fee (e.g. +0.05%). Currently Poloniex nets around 0.4% and Bittrex around 0.5% of every transaction, which are respectively 400% and 500% higher than what WCX intends to charge.

This is a bit misleading because you're cherry-picking some of the worst exchange rates of the popular exchanges.
The current volume-leader, Bitfinex, only does a 0.1% maker and 0.2% taker fee. So yours is slightly better by 0.05% than the leading exchange.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) on: July 08, 2017, 11:31:16 AM
Well, It seems the tokens that are being sold now on ethereum network are not the one that are going to be used on the EOS blockchain later. I don't really know how they can be of such value right now, I guess that's one of the reasons why everyone says it's a scam. Personally I don't think someone can come up with something delicate as this without the intention to actually build it.

I don't think it's a scam.  I think they will map out the EOS tokens onto the cryptographic tokens on the EOS blockchain.

I'm more concerned about their ability to enable parallel processing. 

The biggest selling point of EOS is its claim that it can process millions of transactions per second.  To do this, Larimer said that they will enable parallel processing.  PP is extremely difficult.  It takes teams and teams of programmers to enable this on a single computer.  I don't see how EOS is going to do this over many distributed remote computers.

I read their white paper and it does not explain how they will achieve parallel processing.  Based on such little information, the probability is that they will fail.  If they fail, then EOS will be similar to Bitshares.

Maybe they know more than they are disclosing in the white paper.  If they pull off parallel processing, it will be a monumental achievement.

I think this is the biggest risk with buying EOS.



https://youtu.be/l9gU3F2kMFM?t=641
3  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) on: July 07, 2017, 11:23:49 PM
Hi, I am terribly sorry if this is a wrong place to ask that but I've sent some ethereum using myetherwallet but using option Send Ether and Tokens, instead of "Contracts". Is there any way possible to claim my EOS tokens or I've just foolishly lost them? (it was a small test transaction, yet I would love to see it succeed).

No, you did it correctly, don't worry. Did you send it today? You can only claim your tokens after the token period of the day ends, which is 6 hours 45 minutes from this comment.
What you'll do is go into the contracts section, select the EOS contract from the dropdown, and then change the thing you want to do at the bottom left to "claimAll", you'll be asked to load a wallet, so choose the one you want to store your tokens on. After that, click the "Write" button, you'll be asked to send an amount of tokens, but just leave it "0". And set the "Gas Limit" to around at least 3000000, or the transaction may run out of gas and fail. When this transaction completes, the tokens will be associated with that wallet and you'll see them on the right side whenever you log into myetherwallet.

I would recommend against buying into the token sales though, they always end up more expensive than just buying the tokens on the exchange. (The amount of tokens you get is determined by how many people contributed by the end of the 23 hour period, the more people, the less of the share you get.)
4  Alternate cryptocurrencies / Altcoin Discussion / Re: How much EOS do you hold? on: July 07, 2017, 05:08:33 PM
I am quite puzzled about the ICO, every day the ICOprice is much higher than  buying from the  exchange platform???why these people buy EOS  directly form the exchange platform??

Because it's a gamble... Here's the thing, the price doesn't start out higher... It rises as more people put ether into the sale. So, right at the end of the sale, if the price looks good, suddenly everyone starts putting ether in, hoping they'll get a good deal, but then it ends up that too many people did that and now the token sale price is greater than the exchange price.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) on: July 07, 2017, 10:11:31 AM
Is someone having delays claiming their EOS using MEW?
It's cause of overloads on the ethereum network and falling prices. Confirmation times are taking looong, just check your transaction details to see how many confirmations it has. Or maybe you didn't give enough GAS and it failed.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Solving the ICO Dump Crisis on: July 06, 2017, 10:17:54 PM
Oh, it's not an accusation EOS is liquidating lots of ETH. etherscan already show's they've liquidated AT LEAST over 130,000 ETH, and transferred 330,000 ETH out of their account in total, most of which I would assume was liquidated too but it's hard to track all of it.

https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx
7  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS is an absolute SCAM! on: July 06, 2017, 10:10:05 PM
I appreciate you that you finally found the truth.

yes, not only EOS, but also Steem, BitShares are SCAM.

Even you can think this as such,   Dan Larimer = SCAM

It is obvious scam becouse if he would be honest he would drive all to BTS at begining and no need for new ICO.
They need $$$ from naive people and that is all.
Be prepare for dumps or make your exit fast guys.

If you knew a decent amount about the tech side of things, you'd know why that isn't really possible. You can't rebuild a blockchain into something new once it's that established. Blockchain was a successful attempt at some of the ideas Dan had, but it's not the final vision. EOS isn't a blockchain service itself, it is merely open source software they are developing to allow OTHERS to create blockchains on, and if those people choose to use the ETH snapshot containing all our registered EOS tokens, then we all suddenly have currency on those blockchains.

Dan Larimer has contributed a lot of great tech to the industry, even Vitalik has used some of his technology for ETH... Are they getting wayyyy more money than they should for the project? Sure, but I'm not sure how people willingly giving them more money than they needed makes it a scam... The goals are still there, the work is being done on a public github and they are actively engaging with their community, which is a lot more than you can say about 99% of ICOs.

he does not need 1bln$ to code a blockchain.

this is why it is a scam.

1bn is like building a small country.
no way this is fair or necessary.

We gave them 1bn, they didn't ask for 1bn. We turned them into a scam buy giving them too much money? Do you not see how silly of an idea that is?
8  Alternate cryptocurrencies / Altcoin Discussion / Re: RE MONACO on: July 06, 2017, 08:28:30 PM
FYI That's a scam post that's being spread around. It hides a link to a fake version of myetherwallet.com that has ".co" on the end and steals the currency you send. There aren't actual issues being experienced with Monaco. So I hope you didn't click on it and enter any sensitive information, especially a opening a wallet... Cause you may find your tokens/cryptos stolen if so.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS is an absolute SCAM! on: July 06, 2017, 07:38:13 PM
All i can say...wow. When looking at that transaction history...scary.  Have anyone of the readers here invested into EOS and what was the reason in doing so? The white paper looked good, granted, but it was basically just snippets from other papers, put togther nicely.  No code, no real info, just a sales pitch pretty much. Words, not substance.


To be fair, they actually have a Github up with code being updated regularly, and they have stated many times they they are building upon their past success with Bitshares, Steem and Graphite, taking the code and lessons learned from those and trying to build this grand platform on top of it.

I believe they will follow through, and EOS will definitely be something to invest in at a point when we get closer to next summer, or at least until they get the test platform running, but until then, it is extremely overvalued.

I only post that transaction info out of concern for some potentially bad behavior from them, but believe it has no relation to their ability or drive to deliver the software and tools. I had noticed it the day before yesterday, but when that 80+% sudden upswing happened last night during an extremely calm trading period, that was some serious cause for concern. So while I don't think this is some definitive proof of wrong doing, I don't think it's unwarranted to be worried about the behavior there, and especially the response from Dan that "we are not responsible for what our buyers do with the ETH we sell" since they supposedly are selling it OTC. The transaction logs clearly show it's primarily going through a chain of the same two accounts before split to the two different exchange accounts, so that makes it look extremely suspicious right there, going through just 1 entity for the most part. It also seems odd to be liquidating so much of it in such a short time period, especially when ETH is at such a low price point right now (which in itself is partly EOS's year-long crowd funding's fault).

It looked a lot like someone at EOS wanting to pump the exchange price up to make sure people wouldn't just skip the crowdfunding page and buy it for much cheaper on the exchange. But, maybe it really was just a freak event.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS is an absolute SCAM! on: July 06, 2017, 04:29:55 PM
Hi,

I apologize for this post, as it will sound as spam, but I have to share this.

Yesterday I wrote an article on STEEMIT on why I think EOS ICO is a scam.
Such post was hidden by Dan Larimer (he is behind both projects) from the platform, after he did not like what i wrote.

You can still check the post out, just by clicking "show" on the following link:
https://steemit.com/eos/@eltapatio/eos-is-the-ico-a-scam

Today I decided to expose what I think about this kind of "decentralization" platform, which enables him and other people to run over small users and shut us up with a simple "click".
https://steemit.com/steemit/@eltapatio/steem-freedom-of-speech-or-power-to-the-rich

I apologize once again for this, but I had to share it.
I clicked the links you showed, it proves EOS is a scam coin . Thank you for letting more people know this scam .

Seems to ad some credence to what I'm seeing in their transaction history. Once they send it to the exchanges and swap for another crypto, there's no way to determine that they're doing with it, and an audit doesn't matter when it comes to crypto-crypto transactions.

https://image.ibb.co/esbsaF/eos_transfer.png
11  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) on: July 06, 2017, 02:57:45 PM
Since I was banned from their chat by Dan for discussing this, I'll just post it here.

https://image.ibb.co/esbsaF/eos_transfer.png
12  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) on: July 06, 2017, 12:39:55 PM
How can this be next etherum when this is a token?

Well, It seems the tokens that are being sold now on ethereum network are not the one that are going to be used on the EOS blockchain later. I don't really know how they can be of such value right now, I guess that's one of the reasons why everyone says it's a scam. Personally I don't think someone can come up with something delicate as this without the intention to actually build it.

PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.
https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md

But don't expect that to happen anytime soon. According to the roadmap there is at least a year before stable release:
https://github.com/EOSIO/Documentation/blob/master/Roadmap.md
They are the ones used on the EOS blockchain later actually. That's why this section exists on the eos.io website:

Quote
Failing to register a public key for your Ethereum account
If you hold EOS Tokens in an Ethereum account and fail to register a public key or lose the private key that maps to your registered public key, then your EOS Tokens will not be part of the snapshot when the EOS Tokens become fixed and non-transferable on the Ethereum blockchain. If and when someone launches a blockchain adopting the EOS.IO Software there may be less than 1 billion EOS Tokens outstanding after taking into account those who fail to register a public key.

That's everything you'd need to know about how it is expected to play out right there. And that is also why they have those disclaimers everywhere about the tokens having no worth, because the EOS team has stated many times that they themselves are not going to be launching a public blockchain. They are only creating the software for others to run a blockchain on. So if everyone who implements EOS's technology decides not to use their Ethereum snapshot to have a jumpstart of users on their blockchain, then yes, your token will become and remain worthless after that freeze. But give the amount of money behind EOS and the amount of users involved, a company would be crazy to not use the Ethereum snapshot to get a massive and instant influx of users and money into their new chain.
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