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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
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on: October 06, 2020, 05:41:28 AM
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Any exchange getting hacked in going to make problems so far as reputation is concerned. It was only Binance that I can think of that managed to cover losses from that their users would face after that hack happened and they covered losses with their own funds. Not all exchanges are in a position to do that. The reputation and customer confidence in Kucoin will have dropped a lot no doubt. Although they claimed the funds were insured but till now there is no progress made into this direction. The effected projects are doing this job to make sure to return the funds to the exchange wallet. I also think this will damage the reputation of Kucoin in future. Back then, Binance was able to quickly recover the losses that occurred due to hack I think that's the reason their reputation was intact. I think It will all depend on how quickly KuCoin will act to reimburse the users who lost $$ during the Kucoin hack. They guarantee that they will reimburse the hack funds, did we see any problem already regarding their promise, do people complain about their funds not reimbursed by Kucoin? If they won't reimburse, that, we can say that it will affect their reputation which I doubt they'll allow that to happen. They are definitely going to reimburse, but they need to do that quickly to save their reputation in the crypto industry because you know the more time they take the more time FUDDERS will have to spread FUD (IMO). I have seen so many exchanges got shut down after they suffered a hack hopefully the same will not happen to KuCoin. |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
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on: October 05, 2020, 06:44:44 AM
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Any exchange getting hacked in going to make problems so far as reputation is concerned. It was only Binance that I can think of that managed to cover losses from that their users would face after that hack happened and they covered losses with their own funds. Not all exchanges are in a position to do that. The reputation and customer confidence in Kucoin will have dropped a lot no doubt. Although they claimed the funds were insured but till now there is no progress made into this direction. The effected projects are doing this job to make sure to return the funds to the exchange wallet. I also think this will damage the reputation of Kucoin in future. Back then, Binance was able to quickly recover the losses that occurred due to hack I think that's the reason their reputation was intact. I think It will all depend on how quickly KuCoin will act to reimburse the users who lost $$ during the Kucoin hack. |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: █▀▄ [ANN] DIA | Data infrastructure for DeFi | Binance/Kucoin/Bitmax/Okex ▄▀█
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on: October 05, 2020, 06:29:33 AM
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Can't say right now but, it is possible that whales might be accumulating DIA at a cheap price. I also believe that BTC too is playing a major role in stopping bull runs on alt market with it's constant swings.
How is it possible for the whale needs to dump it to the bottom just because to accumulate more DIA? People should aware if binance will always become the best place to sell and it's not a place to buy for short term but when it will be accumulating for the long term and im thinking if it's fine. BTC is not having any correlation with the volatility in the altcoins or even stopping the bull run. Just take a look at some defi that has already increased more than 400%. The problem is people have already started to move into the new trend called NFT. This might become the real reason why hype of DIA has gone. The bounty will also be distributed this day and we will see another small drop happened to DIA as some hunters (it's not all) may dump their coins. I never said whales dumped it. What I said was the KuCoin hack, and BTC's price movements are the reason why DIA got dumped (fear was the main factor), and whales might be accumulating that. You can't deny the correlation between BTC and the alt market whenever BTC pumps we see a dump in the market the same is true for when BTC dumps. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: interesting coin page
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on: October 04, 2020, 06:46:56 AM
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one of my friend send me a link of a altcoin but i think it is a joke, is any one have an idea? adress is donatetoken.com
LOL looks like your friend is trying to get a donation out of you and for that donation, he will you probably give you some worthless junk tokens. In my opinion, it's better for you if you stay away from that site. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HARMONY PROTOCOL
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on: September 29, 2020, 06:19:28 AM
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Hello guys. After the completion of the first Harmony Bounty Company, the official group indicated that the team might hold the second round of the Bounty Company. I would like to know if there is any solution to this issue and if we can expect a second round of the Harmony Bounty anytime soon?
I could be wrong but I don't think they will another round of campaigns. If you are interested in becoming Harmony angel then you can join the campaign below. The rewards are 250k ONE per week. https://bitcointalk.org/index.php?topic=5267806.0 |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
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on: September 29, 2020, 06:11:46 AM
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I would say somewhere along the line the team must have siphoned-off funds and pocket it but since there is no public audit of the way they spent their ICO millions nothing can be stated with certainty. If this was a public trading company in a developed country the board would probably be investigated for negligence because how can around $35 million raised from an ICO lead to this disaster we see today? I still remember their claims to flood retail outlets all over the world with XPOS devices but they did next to nothing then started going off-track on to token swaps, FX tokens, blockchains and phones now ecommerce and de-fi... what a mess the mismanagement has created. Cash Grab by the DEVs, and then they just kept pulling ppl along until (just my opinion here) that after the token was near 30 SATS they started dumping their funds from ICO on the market (aka exit scam)...
I still have PUNDI X on my watchlist in blockfolio, just so I can see the day it disappears from binance. Did they already enter into DeFi? If yes, they will be one of the only few projects that were not able to capitalize on the DeFi hype and if they couldn't capitalize on that then I don't think anything will be able to save pundiX (IMO). |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: █▀▄ [ANN] DIA | Data infrastructure for DeFi | Binance/Kucoin/Bitmax/Okex ▄▀█
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on: September 29, 2020, 06:00:08 AM
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Just read about it hacker(s) also managed to steal more than 3M DIA tokens from the recent KuCoin hack which is roughly worth around $4.7M right now. I think we can expect DIA to fall a bit further because the fear sentiment is high.
I'm sure it will, if 3M tokens for dump then it will so bad, even can make a token price fall more than 70% of their price. I think even people don't dare to accommodate so many cheap tokens, because they don't know when that hacker will spend the 3M tokens. DIA must immediately swap like other projects whose tokens are hacked so that the tokens in the hacker's wallet become useless NOIA tokens were also stolen during this hack and it affected in -40% of tokens price. Noia team has already created a token swap but it doesnt help token price to recover. So swapping is not really a 100% solution to this situation. I havent heard about ethereum token mixers (I know that it is possible to mix only ethereum), so maybe tracking all the address and stolen tokens, and banning them (if it is possible) will be proper solution. The amount NOIA token stolen is almost identical to DIA, strange to see that DIA tokens price does not even dropped (moreover, it shows growth). Yes, I agree swapping will not help much BUT it will definitely stop the hacker from dumping his token any further which will also give investors a sense of confidence that the project's price will not dip any further because of the hack. |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
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on: September 28, 2020, 07:17:27 AM
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The problem is clear, Pundi X team keep moving the goalposts! Does the Pundi X team think having a merchandise store selling Pundi X branded hoodies and other attire will save them? Did the Pundi X team receive over $35 million from the ICO to sell merchandise that 99.99% of the public would be embarrassed to wear even it were given to them for free? The XPOS device was the sole reason they received millions of USD$ in the ICO and now they have noweghere to go after failing in every single project they claimed was going to save them. The blockchain, the mobile phone, the FX tokens,the token swaps, the merchandise store - all clearly shows the Pundi X project is dead because of massive management by the team. Maybe they can do this in various ways so that PundiX can become DeFi. but maybe it will not affect the price of NPXS tokens, like the news of the launch of the PundiX online store. unless they pump it themselves. if they still have reserves of funds.
Point is PundiX was never designed to be a DeFi or lending platform. I don't know if you were one of the early followers of this project, but I was. The idea they had was very excellent and would have been successful if they had ; 1. Planned well 2. Continued carry out serious marketing of the project and the XPOS devices (they only did the market for the ICO which was successful and that was it) 3. Continued serious development and focus on the Pundix Project and avoid getting diverted with useless and pointless side projects like FunctionX which were a total fail. It's not like the ICO failed. It was a success, Over $35 fuckin million raised but in the end, they just blew it all off and disappointed the investors  Try raising that amount in this current situation, even raising $4M will be a miracle. Cash Grab by the DEVs, and then they just kept pulling ppl along until (just my opinion here) that after the token was near 30 SATS they started dumping their funds from ICO on the market (aka exit scam)... I still have PUNDI X on my watchlist in blockfolio, just so I can see the day it disappears from binance. Are we sure that they dumped their tokens on market? Because if it's true, then that should have been the very first red flag about the project. Do you by any chance, have the ethereum address that was associated by PundiX? thanks |
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency
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on: September 27, 2020, 05:02:56 AM
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Maybe they can do this in various ways so that PundiX can become DeFi. but maybe it will not affect the price of NPXS tokens, like the news of the launch of the PundiX online store. unless they pump it themselves. if they still have reserves of funds.
Point is PundiX was never designed to be a DeFi or lending platform. I don't know if you were one of the early followers of this project, but I was. The idea they had was very excellent and would have been successful if they had ; 1. Planned well 2. Continued carry out serious marketing of the project and the XPOS devices (they only did the market for the ICO which was successful and that was it) 3. Continued serious development and focus on the Pundix Project and avoid getting diverted with useless and pointless side projects like FunctionX which were a total fail. It's not like the ICO failed. It was a success, Over $35 fuckin million raised but in the end, they just blew it all off and disappointed the investors Try raising that amount in this current situation, even raising $4M will be a miracle. Right now, the only thing I can think of that can save Pundi is that if they merge NPXS and FX but, I doubt even that would be enough for the project to jump-start back again. Without proper marketing, nothing can save the project. And by marketing, I mean serious marketing not opening a merch store. |
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