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1963
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Economy / Exchanges / Re: Binance is going to de-list 5 coins on 22nd Feb (CLOAK, MOD, SALT, SUB & WINGS)!
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on: February 17, 2019, 11:46:35 PM
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If it was making them money, It wouldn't make sense to remove these coins based on nothing so there must be something that led to this.
According to Binance, they usually de-list due to the lack of: Commitment of team to project
Level and quality of development activity
Network / smart contract stability
Level of public communication
Responsiveness to our periodic due diligence requests
Evidence of unethical / fraudulent conduct
Contribution to a healthy and sustainable crypto ecosystem The "making money for Binance through trading volume" factor isn't at least included here, in this list; plus don't forget that there are much more dead coins (by volume) currently listed at Binance if compared with a few of these (CLOAK/SALT/SUB). Delisting is something good for traders and investors in the long term because, with time and more coins being created, investors will get into confusion and have no idea where to invest and let's face it, 99% of the coins out there has no real use case so a bit of cleaning doesn't hurt and that should also teach people that they should invest based on the technology and the development rather the price and the exchange a coin is being listed on.
Cleaning? It's good when you clean "dirt" and "garbage", and it's really bad when you clean (and throw away) the "gems". Binance just threw a couple of gems, for absolutely no reason(s) at all! There are a number of extremely dead projects with no volume at all currently listed at Binance. I must say, they are NOT being transparent with their de-listing policy and this will surely hurt them in the future. Look at the style of their support team in this regard:   ..."The number one crypto-exchange"...  A couple of months back, they even gave CLOAK a "V Label". |
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1964
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Economy / Gambling discussion / Re: Pakistan Super League (PSL) 2019 discussion
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on: February 17, 2019, 09:24:03 PM
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Today easy win for PZ.LQ played very poor cricket.Strong team all out for just 78 score  .Congrts PZ Yes, it was an easy win for Peshawar Zalmi. The target given by Lahore Qalandars batting line-up was too low to defend; the bowlers looked like they had given up from the start of bowling because of this very low target. Lahore Qalandars is now once again on the bottom of the points table! I'll check it out! |
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1966
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency
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on: February 15, 2019, 09:43:46 PM
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We contacted Binance to get answer for their decision. We think this decision is a mistake. Asap we ahve answer from Binance we will publish these news.
Delisting is probably due to item #7 on the list of Binance "reasons". #7 - not to be confused with 007, but just as lethal - is a euphemism for daily volume transacted, or how else do you to a healthy and sustainable crypto ecosystem? And whose ecosystem are we talking about? If you look here you will find 100 coins with much less volume than what CLOAK hat daily on Binance. The fact is we contacted Binance and wecontacted the binance support in our special Binance&Cloak Group on telegram. But all Binance had to say by now are the point that could lead to a delisting. But Binance did not tell us the reason for the delisting decision yet. We try to get the truth out of Binance. Everything else is speculation at the moment. Once we know the reasons we will publish them. Please be patient. Thank you. Even though I don't hold any CLOAK, I totally agree with you. This makes no sense! There are a number of totally dead projects currently listed at Binance, with absolutely no development and even no volume at all. Cloak does have a good development history and strong fundamentals, and this is a totally absurd decision by Binance. |
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1967
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Economy / Exchanges / Binance is going to de-list 5 coins on 22nd Feb (CLOAK, MOD, SALT, SUB & WINGS)!
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on: February 15, 2019, 09:16:01 PM
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Binance Will Delist CLOAK, MOD, SALT, SUB and WINGShttps://support.binance.com/hc/en-us/articles/360023570292Honestly, I wasn't expecting this. This even looks a bit unfair to me - there are a number of coins at Binance doing absolutely nothing at all (no activity in development, no trading volume, etc), while half of these projects (that are about to get delisted) are actually active, especially in development. 12-hour (price) performance of these coins: 
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1969
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Economy / Exchanges / Re: Cryptopia has been in "maintenance" for the last 14 hours!
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on: February 14, 2019, 09:41:20 PM
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A nice update posted on Cryptopia's Twitter just now: Update: The police have now given us access back to our building, while they continue their investigations. Our staff are working relentlessly to evaluate the funds that were stolen.
Who's going to use them even if they reopen? You know, I thought the same thing about Bitfinex when they lost 120,000 BTC in that 2016 hack. A year later, they were one of the biggest exchanges in the world. Probably not a great example since Cryptopia was a much crappier exchange, but you get my point. Cryptocurrency traders are gluttons for punishment. They always come back for more.  I agree; I think that even I'll be rushing to buy a few low-cap coins at Cryptopia (XBY, HUSH, PIRL, XDNA, etc) once it gets back, even though I know the risks of doing that. |
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1970
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Economy / Gambling discussion / Re: Pakistan Super League (PSL) 2019 discussion
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on: February 14, 2019, 09:08:22 PM
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The first match of PSL (between Lahore Qalandars and Islamabad United) in Dubai seems to be heating up, and even with just 7 overs left in the conclusion of the match, the result could go either way. Islamabad United requires 57 runs off 40 balls, and they still have 7 wickets in hand. However, my guess is that they won't be able to win this one due to a quite weak middle-order. EDIT: Looks like Islamabad United won this one by 5 wickets. Hah, well, that thread could be kept for international ICC T20 series & matches (instead of T20 leagues), so it's not like that I'm trying to steal its activity!  About the prize pool, I think it'd not be appropriate if we do that here in the "Gambling discussion" section. AFAIK, games like these should be posted in "Games and rounds", not in this section. |
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1978
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: ANN [DENT] Dent: Tokenizing and Liberating the World's Mobile Data
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on: February 13, 2019, 08:44:24 PM
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This is the shittiest token of all I despise the day that I invested my hard earned eth in this shitcoin.
Mikko said that they cover the expenses from the premium the people pay by buying dents from the app and the business is already on profit so I ask where does the cash goes from all the massive amounts of dents they dump on binance every day? In my estimation in the last 1 year they must have collected at least $100,000,000 in cash, where do these money go I assume in the devs pockets. There is no other explanation.
Regarding this bullshit saying that they must distribute all of the tokens for the ecosystem to work, they certainly don't need all the 100 billion dents in circulation, they could easily burn at least half of them, BTC works with only 21 million in circulation and look how many people are using it. It could work with 100 billion or 100 million, it doesn't make any difference. To mint 100 billion tokens and keep 90% of them for yourself speaks of greed, especially when you make the app users buy it from you only and at the same time you dump heavily on binance screwing us all investors. Devs want the users to buy tokens from them only, if they wanted they could have easily integrated an binance api so that people buy from an exchange. There is zero crypto community interest in this token there is only one person here defending them who actuaally works for them on payroll hiding behind different nicknames - agro465, studio1one, Mdfost87, this is actually this nazi InfiniteTeach who bans people on their official telegram for asking uncomfortable but important questions. 7 months ago I said "who dumps now?" because I saw that the devs are dumping from their main account and 5 seconds later I was banned I swear this is exactly what happened I was banned for 3 words I didn't insult anyone, there are a lot of other people being banned the same way. Enough said.
Oh, and this AMA was a total joke, ama means "ASK ME ANYTHING", it doesn't mean "Ask but our admin InfiniteTech will collect only the comfortable questions and submit them only", what kind of AMA is that where the comments are disabled and only this nazi asshole could ask questions??? Enough said. I don't want to get into any more details but this guy has pissed off way too many people including me which is the only reason why I still write in this forum. If that's the level of the rest of the team I am not surprised this whole thing is gone to hell. This business is designed to rob investors and make the company creators filthy rich. This is the truth.
Merited. I totally agree with each and every word of yours. I've been keeping an eye on every update of DENT for the last 1 year, and I must say, the only thing in which DENT team is super-interested is dumping at Binance. Holders are helpless at this stage - whenever you see DENT breaking out and getting some buying pressure, you immediately see that hundreds of millions of DENT tokens get transferred to a Binance address and it starts to dump with huge sell orders. |
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1980
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 12, 2019, 08:02:55 PM
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I am pretty sure many of us here will be lining up to sell most of their stash as soon as we see any price above $10k.
$10k? Hah. Speak for yourself bucko ! Selling at $10k in the next bull run will be similar to selling at ~$4k in August 2017 (just before everything went crazy). In the next run, this thing's definitely going to cross $50k. |
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