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I got the $16, as stated above.
I connected the API to 1 BTC and filled out a support form and just got the $16, nothing more.
That image of your profit isn't worth anything more than the same on my account. With THOUSANDS of transactions for pennies, there is no practical way to validate this information against Binance.
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And by the way, I got a $16 bonus for testing - not sure how people are getting $100 but I didn't.
Also, the system has placed over 4000 trades in my account in 2 days. It is impossible to try to validate the profits being calculated to take fees. Not sure why it's trading pennies at a time with me having 1 btc to work with.
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I think it would be great if this service works. I manually trade, but I'd love to have some of my funds earn passive income.
However, I'm very concerned with my first couple of days using the service, and I'm not getting a satisfactory answer from support.
In short, I've been charged $35 from my ApiTrade balance, which would indicate trades have closed with $70 profit, or about 0.0072 BTC. My Binance balance, where I deposited 1 btc to start, is 1.00143673 BTC. I believe I've paid about $10 in commissions, so you could call that about 1.0024 btc. I've made around $20-25.
I understand that the value of open positions can fall, so it's possible the closed positions realized a profit of $70, but the open positions are down around $50 so my live balance only shows about a $20 gain. I could live with that and give it some time.
However, my binance balance shown on my APITrade dashboard is 1.01244. This is what troubles me - how is this number so far off of my actual balance? How is this math being done? Before I would consider putting more money into this, I want to know how that number is calculated and why it varies from my actual balance on Binance.
If someone can explain this, I'll consider risking a bit more money to consider the test. As for now though, $20 per day in fees seems pretty steep for what I have.
-G
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Cannot escape this dumpster fire fast enough. Still have some Dash stuck there  Never could withdraw my fiat after cashing in some BTC. Fought to get verified for 6 weeks and they kept rejecting my photos. Meanwhile I'm verified on Coinbase and numerous other sites... |
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What if the 30k BTC target is not reached (high likelihood)? Are there alternative plans for Exscudo if only 2k BTC is raised by the time the ICO ends?
Would be nice to get an official answer on this. The person a few posts above raised concerns around this as well. It's always a risk when projects price their tokens in fixed rate, without a burn plan in place. Read the prospectus. Or my post above. The remaining share are split in half with half going to people who bought in the ICO and the other half going to a charity or something. |
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For all of you cheerleading, stop and think for a minute and do a little math. If you like the project fine, if you think the ICO is going well, you are objectively wrong. - If ALL tokens do not sell, then it means each and everyone of us overpaid and could have bought the tokens for less on the open market
- In four days they have not yet sold 1000 BTC - that's less than 250 BTC a day, and you can expect interest to drop as the ICO goes on
- They were looking for approximately 30k BTC - at the current pace they will sell approximately 10k BTC worth of tokens
- This means, factually, objectively we paid too much for our share of the tokens
- The market cap of the project with 10k BTC sold is about $21,500,000 (Crowdsale = 62.8% of total shares, BTC is worth about $1350 - $1350 * 10k BTC = $13,500,000 which is $62% of $21,500,000
- 240 million tokens worth a total of $21,500,000 or 10k BTC puts each token at a number too low for my calculator to work with: 4.166666666666667e-5 otherwise known as .0000416 or 20% of what we are paying for a token
- But wait! I got a share of the unpurchased tokens! Yes - interestingly you get a 50% share of the unsold tokens EVEN THOUGH YOU ALREADY ONLY CAN PURCHASE 62% IN THE CROWD SALE. So you are getting 50% of 62%. If I'm correct and they sell 10k BTC worth that means we 'get to have' 50% of the remaining 20k BTC worth of tokens, or 10k BTC. If you contributed 1 BTC you'll get another 1 BTC worth of tokens. Now your tokens are worth 40% of what you paid for them.
If you like the project, fine. If you think it will be a big success, fine. If you believe the ICO is going well and you were smart to contribute, YOU ARE OBJECTIVELY WRONG. The demand does NOT meet the supply, and that's basic economics. So please, put a lid on the ICO cheerleading. Sell crazy someplace else - we're all stocked up here. |
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who counts reward for signature?
Dev. Why my rate is still 0?
Stakes was updated for me on excel but not on ICO website dashboard. If you are looking on ico dashboard its normal maybe Where is this excel sheet you're speaking of? |
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You raise very legitimate concerns.
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awesome ICO 1 day 687 BTC collected, good jobs dev. i think ICO will be success
why spreadsheet not update again? please dev update bounty
what is the real investment exactly? some people saying about 6K BTC. and you are talking only 687BTC? what is the real fact? if they really raised 6K BTC it is unbelievable. There were 6k 'preorders' of EON with a 10% bonus. There is no obligation for the people entering the preorders to actually purchase the tokens. What they have sold is what they have sold: at the moment 715 BTC worth, approximately 2.5% of their goal. |
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It is by all means is very very good amount raised in less than 24 hours. 820k dollars is big amount at the fix rate of 20k satoshi. Having so many days to go simply one thing that maximum cap will be achieved without any trouble. I am happy being part of the campaign as small investor. Let's rock the world with nextgen ecosystem of financial services.
$1mil is indeed a lot of money, unless you were looking for $36mil. We can expect the greatest interest on the first day of the launch. People are getting 10% bonuses for buying now. Approximately 845 BTC worth of EON have to be purchased every day to meet the max cap. I doubt we will get there. I expect to come in around $20mil. That means all of us investors get an additional share of $8mil worth of coins (50% of remaining coins go to the participants) so that's not all bad. |
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Is there a problem at ico page? It does not open.
It's working for me: https://exscudo.com/ico/The team is correct, clearing the cache or using incognito mode allow the progress to display. |
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It's a flash issue. Chrome won't display it even if I enable flash. I can see it fine in Edge.
By the way - if I offer legit criticism about your lack of preparedness for the launch yesterday, perhaps you could ADDRESS it for investors instead of deleting my post. I'll say again, if you're project is a financial platform you should know how to prepare for traffic, and there are a multitude of hosts which can handle it. If it was a cloudflare issue, then again research and prepare before using that service. Either way it speaks to your approach.
I'm an investor, and I have every right to address this. If you want to only have the 20 posts above me saying everything is great, then you are going to have a hard time bringing real money to this project.
And to everyone saying 'it's a fair market cap' etc., my comments speak to the INTEREST in the project rather than the valuation. The OBJECTIVE lack of interest is concerning, because interest drives money drives development. This is a problem which can be solved, and I hope as a first step the team will look to sign a big name consultant from the crypto world. Just get their name on the site and in a press release. By the way the BEST thing for me is less coins sold, I get a portion of the remaining coins. In spite of that I'm looking for the best thing for the PROJECT not just my own interests.
So exscudo, are you going to delete my fair criticism and concern again, or address the concerns for myself and other investors?
Hello, We are not deleting anything in this thread. Only the forum moderator is able to do this if he sees that you are using an alt account or for any other reason. As for the Google Chrome issue: we tested it, and it seems that the problem lies in the cash of your browser. Try to open an incognito window and open the ICO page - it works fine. So please clear your cash in order to see the funds raised online. As for the other issues: thank you for the feedback. We share your opinion that the interest to the project is crucial. This is why more news and public appearance is coming soon. Thank you for your involvement! When should we be able to see our bounty balance increasing? I understand the posts must remain until the end of the program but I'd like to know that you've got me in the program.
The next updates are planned for Friday and Tuesday. Thank you for your patience. I'm sorry, I thought this thread was self-moderated. I thank you for your reply. What about the launch issues? I believe your roadmap has the exchange going live this quarter - do you have the right people with the right experience to ensure it has a rock solid launch? First impressions are going to be extremely important. Also will you release an api so that traders can use 3rd party trading platforms? If you REALLY want to bring volume to your exchange offer bracket orders and both profit and stop loss orders open on the same position. Real traders do not want to trade without a stop loss and I miss profits overnight because I can't have a profit stop in too. |
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When should we be able to see our bounty balance increasing? I understand the posts must remain until the end of the program but I'd like to know that you've got me in the program.
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As for the ICO page not displaying how much was invested, we know about this bug and are looking into it already. To watch the numbers, it is better to use Google Chrome for PC. Thank you.
It's a flash issue. Chrome won't display it even if I enable flash. I can see it fine in Edge. |
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where I can see how much was already invested in the project ? on main site this info does not show.. and why I can not invest in ETH with smart contract ?
https://exscudo.com/ico/ |
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Sorry but that's just not true :-) You use AWS or Azure or a proven provider that can easily handle the traffic. Would you think the same thing if they launch the exchange and it goes down in the first hour? Would that be acceptable? Now is the time to prove that they have everything well in hand and are pros through and through. I bought EON btw - I want them to succeed - but I'm not going to be an apologist for a bad launch, especially because it can negatively impact my investment. Yes and no. It still depends on the hosting. My guess is, they have a bad hosting. And you don t know if a host is bad until proven so. Based on the participation, they didn't get a ton of traffic. There are ways to simulate traffic prior to a launch. This was preventable. Well, a site depends on the hosting. And there is not much a website owner can do about it. I think they ve handled it well. 257 Btc in few hours.
Is this fast or what?
No. Yesterday Gnosis raised $12 mil in about 15 minutes. However, Gnosis was setup in a way that encouraged people to bid irrationally (dutch auction). Nonetheless, I think this lacks strong marketing, a premier name associated with the project, and the issues with the website today don't help one bit. I like the project, but when your whole plan is to build a financial platform and you don't have your website up to the task of an ICO, that's concerning. Not a great first step. |
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Based on the participation, they didn't get a ton of traffic. There are ways to simulate traffic prior to a launch. This was preventable. Well, a site depends on the hosting. And there is not much a website owner can do about it. I think they ve handled it well. 257 Btc in few hours.
Is this fast or what?
No. Yesterday Gnosis raised $12 mil in about 15 minutes. However, Gnosis was setup in a way that encouraged people to bid irrationally (dutch auction). Nonetheless, I think this lacks strong marketing, a premier name associated with the project, and the issues with the website today don't help one bit. I like the project, but when your whole plan is to build a financial platform and you don't have your website up to the task of an ICO, that's concerning. Not a great first step. |
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I hope more BTC will be collected. Nice project but your goals are huge.
250 BTC already. But I do not know anything about the minimum goal, maybe it is several times higer. They are looking for 30,444 BTC. 150,720,000 EON x set price of .0002 BTC per EON.
257 Btc in few hours.
Is this fast or what?
No. Yesterday Gnosis raised $12 mil in about 15 minutes. However, Gnosis was setup in a way that encouraged people to bid irrationally (dutch auction). Nonetheless, I think this lacks strong marketing, a premier name associated with the project, and the issues with the website today don't help one bit. I like the project, but when your whole plan is to build a financial platform and you don't have your website up to the task of an ICO, that's concerning. Not a great first step. |
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Let me try again:
What happens to tokens not sold? Will you distribute, hold or burn them?
This is covered in the prospectus: In the event that not all of the coins allocated for Crowdsale are
sold during the Campaign, 50% of the remaining unsold EON will
be distributed among the Crowdsale participants, in shares equal
to possession of the tokens at the time of the Crowdsale's end.
The shares of the Exscudo team, the supervisory board, the share
of technical tokens fund, the Bounty campaign reward, and the
reward of advisors and testers will not participate in the
distribution of the unsold portion of the EON.
50% of unsold EON will form a non-profit organisation Exscudo
Foundation. |
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In case there is a chance to get my coins out:
Wallet overview, deposits and withdrawals.
We will add more features here.
Do not hold your whole bankroll or life savings on ANY exchange.
DEPOSIT HISTORY | WITHDRAWAL HISTORY
Error: Account has insufficient funds, required: 10122.23091107
Please pm if you need details, account name here is the same as coinmarket.io
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