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61  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: May 16, 2019, 07:50:53 PM
Lesson learned,
 
Cryptopia is the definition of Counter-Party Risk. And  counter-party risk is still the biggest risk in a blockchain transaction.


What should have I done: Desktop, Paper, Hardware wallets.

(Chanting in the background)
Desktop, Paper, Hardware wallets!
Desktop, Paper, Hardware wallets!
Desktop, Paper, Hardware wallets!

Never again will I leave money/coins at an exchange.
i know what you mean,
but if everyone did that, there would be no exchanges, no liquidity to sell or buy your coins, no significant markets excepts OTC..
62  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Orbitcoin v1.6.1.0 ~ NeoScrypt ~ Green Stake ~ 5 Years Old on: May 15, 2019, 04:55:45 PM
I have a problem with these exchanges, as they are much smaller than cryptopia was. how secure can such exchanges be? and liquidity providing for higher trading volumes requires larger funds constantly deposited on exchange
63  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 13, 2019, 08:38:28 PM
seems to be getting ready to attack 8k level soon
64  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2019, 11:34:18 AM
That's the reason I suspect there must be a problem in the wiring of his brain... It's not sadness, it's stupidity...
he is not stupid, just stubborn. It may take few more years before he gets back into bitcoin again  Smiley
65  Economy / Speculation / Re: *Q2-BTC-PRCE PREDICTION-GAME* Q2 LIST GAME on: May 11, 2019, 06:17:19 PM

...
3000     Last of the V8s *
3100     HeRetiK*
3250     Aveatrex *
3325     FractalUniverse *
3355     PoolMinor
3999     JanEmil
...
sometimes, it feels good to be wrong  Grin
66  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: May 11, 2019, 06:11:05 PM
-snip-
Right now they need to recover the asset from their service, at least they have some responsibility about the hack.
I dont want to withdraw, i want to trade. but i've been waiting for months for coin i want to trade to get back online..
they dont seem to be working too hard. recovering with most of the markets offline, thus greatly reducing their potential trading volume and fees profits.. not very convincing
67  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: May 10, 2019, 04:54:56 PM
when pakcoin back online ?
be patient, all 80 cryptopian employees are busy working to get pak and few other coins back online before the year's end  Grin
68  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Orbitcoin v1.6.1.0 ~ NeoScrypt ~ Green Stake ~ 5 Years Old on: May 05, 2019, 03:50:19 PM
cryptopia is very sluggish at getting ORB trading back   Undecided how can it take them so long?
69  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Orbitcoin v1.6.1.0 ~ NeoScrypt ~ Green Stake ~ 5 Years Old on: April 10, 2019, 07:10:16 PM
i dont understand whats wrong with it?
Quote
Outputs:
oPazFW6DyHcAMofmTaTYc6T68sgXsH4ffn  0.010102 ORB
oW7WovG1xGGsDGXR8ei8easvhx3aGr6JVM  44.2221 ORB
70  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: April 04, 2019, 09:52:21 AM
Basically for now it is sort of a game of trading, not real trading. You trade, but since you can't withdraw or deposit, all you do is move the same coins from one holder to another.

Indeed.
doge price on bittrex is 20% higher than cryptopia. what a farce
71  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: April 03, 2019, 04:33:04 PM
any news about opening usdt  + nzdt markets?
72  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2019, 07:17:17 PM
I was just verified as serious businessman Cool [rarity among you trolls and beggars Grin]  and voted for $4,800-$5,000 in the poll.  its seriously going to go up in next 2 weeks
73  Other / Meta / Re: KYC now required on: April 01, 2019, 07:08:06 PM
74  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: March 20, 2019, 04:56:34 PM
Hmm, for any coins which have taken a haircut, ALL orders in EVERY market for that coin would have to be cancelled, since the customer's adjusted balance no longer supports the order value. I wonder if this happened?
all orders should have been cancelled automatically after 2 months downtime as i wrote before. they didnt do that.
Even though traders were allowed to cancel them manually for a few days, not everyone had time to do it... i guess someone made nice quick&dirty $$$$ from their old quotes
75  Economy / Speculation / Re: *Q2-BTC-PRCE PREDICTION-GAME* Q2 LIST GAME on: March 20, 2019, 04:37:09 PM
to break the boring times ahead i wanna throw out an easy game Smiley *2nd Quarter prediction game*

what will the price be on June 30  (closing Q2 price) ......  00.00 CET  June 31
the one guessing closest to it
00:00 June 31st? nice Grin

Ill be somewhat more skeptical than Q1, expecting bounce back from strong resistance from around 5800-6150 (which I dont think will break so easily. *still far away up from current price) and one more retest of the lows.

my guess: $3325
76  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 19, 2019, 05:23:12 PM
We are so overdue for a $1000 fomo pump
looks fairly bullish atm. Still lots of resistance left before 4500 though.
i have loaded some during last months and now instead of fomo i have fomu [feer of messing up  Grin] again
77  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: March 19, 2019, 04:25:32 PM

This exchange earns by taking provision in BTC, LTC, DOGE for my trading.

Reimbursement for the lost coins should be made in lost coins, or at least in BTC, LTC, ETH.
I doubt they have such amounts available. You would have to get literally coins from other people's wallets.
Maybe if they had theft insurance, or at least hedged all lost coins asap when they learned the amounts lost. I presume they did none of that.

More feasible would be getting some 'loss marker tokens' for each affected  coin, an option they didnt choose, for some reason.
 
Quote
The right of the clients has ALWAYS bigger priority than the right of the exchange.
not necessarily. Depends on what we agreed in user conditions agreement upon signing up. And on NZ laws.
78  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: March 19, 2019, 07:16:50 AM
...
43% loss on LTC amount, and around 40-50% loss at LTC price growth ... did you calculate the total LTC loss? Did you compare your calculation with the 'token" CLM offer value?
..
LTC loss in LTC terms yes, but in current dollar value there is no loss compared to selling it in january. so my total LTC loss is relative, as Im sure i wouldnt kept them all without selling some much sooner before reaching $50 dollars price.
its very difficult for me to assess my real loss (BTC+LTC+ lost opportunity to gain by trading)
True losers are those who held ETH. but some people who didnt have affected coins may be even in good profits, as site's downtime prevented them from selling at the bottom..
79  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: March 04, 2019, 05:24:01 PM
Going live would likely mean clearing all buy and sell orders from every coin's order book before that.
Otherwise the bots or exchange itself will take quick advantage of price arbitrage of nearly 2 months old quotes..
80  Economy / Service Announcements / Re: Cryptopia Cryptocurrency Platform Services and Development on: February 27, 2019, 05:44:15 PM
..
..
For me 90% is good, it they will open SOON.
But 90 % of what?
There are so many illiquid shitcoins listed on cryptopia, and they are the only coins that many users hold in their accounts. While the paper value of such coins may be good, there is no way to sell them for such price.

If they cut 10% off paper tether or btc value from every account, some coins would have to be dumped all the way to zero wiping whole balances of many accounts - and it still would not be enough to add up to 10%.
They would need to cut 10% of every coin listed amount and move it to cryptopia controlled account and sell them slowly; but i doubt that can cover 10% in reasonable time
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