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Im also think so. They made parthnership with real insurance company. I dont know why price still low now  I don't think everyone understands how huge Gen Re partnership is... $14 billion in capital and $6 billion in premiums! Quote from: http://www.genre.com/aboutus/meet-genre"Gen Re is a member of the Berkshire Hathaway family of companies, and has earned superior financial strength ratings from each of the major rating agencies. We take our commitments very seriously. And with $14 billion in capital and $6 billion in premiums, we only make promises we can keep. A.M. Best: A++ (Superior) Moody's Financial Strength Rating: Aa1 Standard & Poor's Claims Paying Ability Rating: AA+ Financial strength ratings of Gen Re's reinsurance operations." |
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When will IXT coins enter the bittrex market? And does it really happen?
iXledger management have been advised to not disclose further exchnage information... from: https://ixledger.slack.com/archives/C66V32V8S@gurcan Going forward we are advised to not disclose information regarding exchanges till further notice. :slightly_smiling_face: Someone also mentioned that bittrex tells there clients to not disclose information, so it is possible that IXT could be listed on bittrex any day now! |
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Quoted from: https://insurex-community.slack.com/archives/C66V32V8S/p1503919322000092abccccd [11:22 PM] @gurcan Hello! Is there a reason why the company changed its name to ixledger? Or is it just because of the confusion that the client and regulators had? I mean is it just the name that has been changes? Or will there be strategic changes within the company? gurcan [11:23 PM] Yes, @abccccd. The name did cause confusion. With iXledger, we are able to express what we do. i = insurance X = eXchange ledger = blockchain distributed ledger iXledger = a revolutionary blockchain platform for insurance |
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It looks like HitBTC jumped the gun and prematurely released info ahead of the official announcement. As you can see at https://hitbtc.com/exchange/IXT-to-ETH they changed the InsureX name to iXledger before the announcement was made. There will still be an official announcement in a blog post. In addition to this Monday announcement there will be a press release on Tuesday that contains additional news other than this name change/rebranding. They can't disclose any further information prior to the press release. See link and screenshots below for details: https://insurex-community.slack.com/archives/C66V32V8S/p1503851068000075Screenshot 1:  Screenshot 2:  |
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Why price going down now? Some bad news? or this just correction after pump?
There is no bad news. It looks like it is just a correction. |
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Correct me if I am wrong, but it appears the IXT price is only going down because ETH price is going up. This does not mean the value of IXT itself is less. It will soon rise again, especially when it is listed on a larger exchange. That could only be days away!
Definitely it's not the main reason, IXT is build in ETH platform and any success of ETH would be a success of IXT. The price is down because it's normal, we can see this all the time, just relax the next wave of pump will happen soon. I agree. It is normal that it will go up and down. I was encouraging others to remain calm; hold and wait even though it looks like it is selling off. No worries here. What I was trying to say is that the way I understand it is that since the IXT price is traded in ETH (IXT/ETH trading pair) the price for example .002 ETH per IXT will vary depending on the ETH/USD pair value. When funds are pumped into ETH the value of ETH/USD goes up. If the proportionate amount of funds is not put into IXT then the IXT/ETH ratio goes down. This does not necessarily mean the USD value of IXT is going down. In other words IXT value can remain the same while ETH goes up and down causing IXT/ETH to go up and down. I guess my explanation was just another way of saying the price action is normal and there is no need to sell in a panic. We will see many more natural pumps. I look forward to them. Thanks for your reply. |
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Correct me if I am wrong, but it appears the IXT price is only going down because ETH price is going up. This does not mean the value of IXT itself is less. It will soon rise again, especially when it is listed on a larger exchange. That could only be days away!
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How long will the ICO last? In the FAQ on your website http://10x.bz/#page5 it says 30 days under 'How the ICO works?' Quote: "The 10X Token distribution will take place over 30 days starting on August 20Th, 2017 approximately at 13:00 UTC." However, in your first post at the start of this thread it says 10 days. Quote: "The 10X ICO will open on the 20th of August, 2017 at UTC 0:00. It will last 10 days and end on the 30th of August, 2017 at UTC 0:00." How long after the ICO will it be listed on an exchange? Have you already been accepted by an exchange? Thank you for answering my questions! |
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Lastest news from InsureX's CEO
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hi all, we are going through the listing process with Bittrex, Liqui and a number of others. Kraken for example is no longer accepting new business due to the amount of abnormalities in the scam claim process, we still need more time to process a bit of good news though, the bounty hunt tokens should now have been distributed
InsureX to da moon!!!!
If this news is true, this is a very great news to investors and bounty hunter. Price of IXT will be pump up because of this and all people could get very nice profit Here is the InsureX Slack direct link to @ingemar (Insurex CEO) message. https://insurex-community.slack.com/archives/C66V32V8S/p1501851323761876Not sure, but you might have to sign up to view it. Here is a screenshot:  |
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I just received this from Bitfinex support team. Thank you for bringing this coin to our attention. Several factors go into our decision-making process when considering adding a new coin to Bitfinex. Some of these factors include user requests, shareholder interest, market capitalization, coin design parameters, and a thorough assessment of the coin's development process; including, but not limited to, the team behind the coin and their strategies for solving technical and nontechnical problems. We will continue to monitor these factors and make prudent decisions to keep our customers' best interests in mind. Kind regards, Stephen Bitfinex Support Team support@bitfinex.com |
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This would be the price without a bonus, which is what the white paper says is the base price. "The base price of IXT is 1,125 per ETH"
1 ETH divided by 1,125 IXT (0% bonus) = 0.00088888888
I think the way to look at is that you received an extra 56% (presale) 36%, 20%, 15%, or 9% (sale shutdown before 9% bonus started) IXT tokens as per the white paper.
Almost 0.0009 ETH per IXT
That will be around 7,600 satoshis, am I right? Then a dump to 3,500 satoshis and then a looong pump to 35,000 satoshis. I am not sure, but you might be correct. Since IXT was sold for ETH the IXT/ETH value it was sold for during the crowdsale will remain the same. However the IXT to Satoshi/Bitcoin price will fluctuate as the ETH/BTC value changes. Its best to calculate the newly created token value against the token (in this case the IXT sale was in Ethereum) that the ICOsale/Crowdsale was priced in. You can calculate the Satochi/Bitcoin value on a day by day calculation, which is probably what you have done. I hope for the best IXT value in the exchanges in the short term and long term. As per other ICO's it will likely go up and have a pull back and then go up again. I cant suggest an investment strategy, as it is different for each person. I personally think that at least a portion of IXT should be held long term. All good ICO's achieve a much greater value on exchanges over time than their initial pop. |
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@all, I agree with @icoanalyst. We really should be petitioning the larger exchanges. If you care about your investment then please get involved. It only takes a few seconds or minutes to send a tweet or an email. Send to at least ( feedback@bitfinex.com / Twitter @bitfinex) and ( / @BittrexExchange). Copy or make your own message: "@BittrexExchange / @Bitfinex Will you please consider listing $IXT @insurextech." and send to the above addresses! Quote from bittrex coin submission page... https://support.bittrex.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex"At Bittrex, we look for coins that have high community demand, innovations to digital currency technology, or a contribution to science or humanity. Given the demand for currency launches, we limit ourselves to only a handful a week. Launching is free and at our discretion. If your coin passes our compliance rules and you'd like to get additional marketing in our platform, we offer the option to spotlight your coin for 3.0 BTC." If we do not show a strong community support for IXT we may not get listed on big exchange. Its up to us; we can't just sit back and expect the InsureX team to go it alone. The team needs our support in order to convince the exchanges to list IXT. If IXT does not get listed don't go blaming the InsureX team if you did not contribute a few minutes of your own time to show community support. Its on everyone of us, not just the InsureX team... @ingemar I hope you and the team will officially call on the community to get behind the team and specifically give us instructions on how we can support your efforts in getting listed on large exchnages. We should also know how we can support the team in other ways also. The community has taken a beating since the crowdfunding issues and we need to band together. We all appreciate the @ingemar presence in communications and hope that it continues. All the best to everyone! icoanalyst if you have twitter, please tweet the following... "@BittrexExchange Please add $IXT @insurextech " Posted in InsureX Slack #community-discussionsYesterday at 7:13 AM |
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