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Website shutdown 1:58 AM Friday, October 30, 2015 (GMT+1)
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It was very clear you have a thing going on for Ray. Do you think if he did something bad, I would have got him on board with Bitstake. He did a great job with bitstake. Shutting down a project that has no traction doesn't make him a scammer maybe he could have handle his exit more better and developing coins for people doesn't make him liable for their actions. They are lot of people on this forum that does freelance jobs.
Is any of Bitstake founders associated with all those coins you are talking about?
If xbs is a pump and dump then I must be very stupid to make a coin without having control over it through premine or presale. How xbs is associated with this forum, all of Bitstake features are built on xbs, lending and exchange it's all running on xbs.
You kept screaming vapourware, but if you checked the terms on the site the trading and lending are available for Nigerians. This was due to regulations in those countries.
The multistake was shut down immediately after you make a video telling people we are stealing their coins, I had to instruct the devs to refund all users and closed it. Also the private beta for the trading that makes xbs to shoot to the high was closed. I personally refund a users that had over 500,000 different coins on the site.
You knew what you are doing at least from what I understand from your hateful pm, you want the coins to lose value. I believed xbs could have been in top 25 by now
Where would Bitstake be now without XBS? Far better off
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There will be no future upgrade and support for XBS from bitstake team. XBS is an open source software and anyone is welcome to continue it's development.
If you think your new direction is operating NairEx, there is absolutely no reason you can't keep a wallet open for XBS on that platform, what does it cost to support a second coin? NOTHING. But this should be no surprise, you're probably going on to your next rinse and repeat BTC scam like Xcloud, Viorcoin, and all the others Ray Carlo. So should I take this coin over or what? It's no surprise that you want to take over, I'm sure that was your whole plan. About DrQuackfromHashtag He goes by the name Mike Geister, he's a big supporter of XBS. At least he has about 4-5 Bitsake.co accounts, he kept opening a new account every time he get banned from bitstake.co He uses his main account to support his numerous bitcointalk accounts, I think majority of the fud accounts are his socks. It doesn't help they lock the thread amid accusations of scams.
Don't forget to follow your new xbs dev on twitter https://twitter.com/mikegeister |
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10 months ago, we started our journey in developing financial services powered by the bitcoin blockchain with P2P lending, SMS wallet & exchange services. We showcase different use cases for bitcoin in Africa apart from remittance.
Last week, we completed the website but unfortunately bitstake.co will be shutting down at the end of this month. The decision to shutdown the platform was due to changes in company's direction.
Things don't always go smoothly at the first and that is why we always learn from our mistakes. Please withdraw your coins from bitstake.co by 30 October, 2015. We can't thank you enough for all the support you have given us for the past few months.
There will be no future upgrade and support for XBS from bitstake team. XBS is an open source software and anyone is welcome to continue it's development.
Good Bye and Good Luck,
Bitstake
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Now that the exchange is out we can continue talking about the coin here in peace. hopefully the fudstorm has come to an end. Dev , where do we go to now? is there any news on when the lending platform will become operational?
I also bought some more xbs.
Looking forward.
As at last week, all bitstake.co platforms has been completed and active. You can access it for testing if you are in Nigeria and have a verified account with Nigerian address, phone and bank account. The site is fully functional now, the only thing is to remove the beta status and limits. In order to cut operating costs, majority of the team members already left except the Nigerian team. Bitstake's new management are accessing the future of the website bitstake.co. Shutdown notice will be sent via email & support for xbs will be discontinued. |
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Thanks for the replies.
I tried repairwallet and it returned True
But total balance is still zero
Everytime I try to open the wallet, it performs instant sync
After it finishes the Phase 1 of 3, it stops downloading any further
Salvagewallet did not make any change.
Will I still get back my coins? Last back up was May 12...
A new wallet was released months ago, you are still using Bitstakebank which is probably on a fork. Download the new wallet and move your wallet.dat to bitstake folder in the roaming data. Note: There's a different in the naming of the folder in the roaming data. Bitstakebank/bitstake You want to put the wallet.dat in a bitstake folder |
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In case you can't read.
Bitstake is still in beta not yet launched in the market. Like we have said many times, company information will be made available.
The way things are done in Nigeria is different, if you don't like it move on. Stop making yourself look like an idiot.
Cash deposit is not open to foreigners, I don't why its a big deal that you are shouting like a mad dog.
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You make no sense with the altcoin pump and dump argument considering the coin was not sold in a presale or premined. Majority of new bitcoin startup are creating altcoins to support their services.
Even Ripple that is used for remittance has its own crypto.
Factom, reveal, stellar, ziftr, Nxt etc
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does not mean this that him to come to move to other types calculation including on BTC? This is possible but can BTC/digital currency handle the volume? Nigerians spent $3 billion on imported frozen chicken which is part of the list of importation banned from forex. The whole importation list probably worth $30- 100 billion |
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I visit African countries when my company have contracts/tenders to complete. I would like to use this option, when I am there.
Do you have a list of participating retail stores or online sites selling these cards?
I really like this concept and how it might open the route to the crypto world for these people. In what domination does these cards come? {$10 / $100 .....}
Looking forward to hear from you and thanks for the information.
We don't have participating retail stores or online sites yet but a lot of people are interested. It can serve as income for Africans. We are still in beta and awaiting final company registration in Nigeria. Currently 999 is the max Value of each cards. $999 N999 999 Bitcoin. |
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I'm interested to see how they look like
And how can you tell they have been redeemed before checking online? (for hand-to-hand exchange for common Nigerians/Africans)
is there a label under which the codes are or something else?
Hi; The codes on the physical card will be seal with the tamper-evident hologram stickers. You can't check the balance until you try to load it. Question will you guys offer international shipping ?, taking has a fact other countries could be have a good market for this type of prepaid bitcoin cards. In order to save money, the reseller might print the card by themselves like a paper voucher. But I guess international shipping will work too based on agreement with our card printing company. |
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How many coins will bitstake add from the poll results ?
1 |
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one question when the voting will end?  Thanks  Wednesday. |
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$GAM & $GAIA has been added.
The winner of the vote will be added to replace blackcoin.
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I'm interested to see how they look like
And how can you tell they have been redeemed before checking online? (for hand-to-hand exchange for common Nigerians/Africans)
is there a label under which the codes are or something else?
Hi; The codes on the physical card will be seal with the tamper-evident hologram stickers. You can't check the balance until you try to load it. |
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