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Author Topic: RAWX altcoin exchange (former mcxNOW) | LAUNCHED ON AUGUST 7  (Read 25439 times)
edmundduke
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August 07, 2016, 02:00:25 PM
 #241

New account registration will be enabled at launch?
n00b2013
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August 07, 2016, 02:37:23 PM
 #242

New account registration will be enabled at launch?

should be, yes
nmtrader100
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August 07, 2016, 02:38:45 PM
 #243

How can we be confident that you are more secure than Bitfinex, Cryptsy, Mtgox, or any of the other exchanges that have been hacked and had their BTC stolen?  You can be certain that the greatest hackers in the world in the US, China, Russia, and anywhere else will eventually target your exchange if there is enough volume and enough monetary incentive to do so.  Are you prepared to secure your exchange against the greatest hackers in the world?  It seems to me that you more or less are just a regular guy starting an exchange and, no offense, but you are no Vitalik Buterin.  What makes you different from Bitfinex?  Who are you hiring to provide security?  It would seem that a modern day exchange would need a whole team of MIT graduates and security specialists to manage, and detect security threats, etc...  When I worked at LANL there was 10,000 attempted security breaches EVERY DAY.  But it seems you are just one guy who says he has gone through the code "line by line" and has decided to resurrect an old exchange.  If you look at some of these new IPO's coming out, you see that they are professionally done.  It shows a team of developers with their pictures and credentials, etc...  Even so, look at what happened with the ETH DAO!  There is a new hack and BTC stolen every week.  What do you say to give confidence to your users that your exchange is secure?

Some of us loved the old mcxnow, but now it has been moved to this new web interface and I just don't see what you offer over other established exchanges, except the benefit of not dealing with USD or hard currency, which allows users to remain anonymous.  I think you would have to be mad to deposit BTC in this exchange.  People never learn their lessons.  This is disaster waiting to happen!

After the MtGox disaster, which took 50K of mine, I reviewed my investments carefully.  I had a lot of money at Bitfinex and was earning great interest in the loaning feature back in the day, but when I decided to do more research into the management, I quickly withdrew all of my money and never looked back.  I had no confidence in the guy running Bitfinex.  Look what happened!  This whole situation feels eerily similar.  I want very badly to have confidence in this venture but I don't!

Please don't take this as a negative attack.  I respect that you have a vision and are trying to accomplish something great, I just don't have much confidence yet in your ability to secure it.
enlightened (OP)
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August 07, 2016, 03:39:22 PM
 #244

How can we be confident that you are more secure than Bitfinex, Cryptsy, Mtgox, or any of the other exchanges that have been hacked and had their BTC stolen?  You can be certain that the greatest hackers in the world in the US, China, Russia, and anywhere else will eventually target your exchange if there is enough volume and enough monetary incentive to do so.  Are you prepared to secure your exchange against the greatest hackers in the world?  It seems to me that you more or less are just a regular guy starting an exchange and, no offense, but you are no Vitalik Buterin.  What makes you different from Bitfinex?  Who are you hiring to provide security?  It would seem that a modern day exchange would need a whole team of MIT graduates and security specialists to manage, and detect security threats, etc...  When I worked at LANL there was 10,000 attempted security breaches EVERY DAY.  But it seems you are just one guy who says he has gone through the code "line by line" and has decided to resurrect an old exchange.  If you look at some of these new IPO's coming out, you see that they are professionally done.  It shows a team of developers with their pictures and credentials, etc...  Even so, look at what happened with the ETH DAO!  There is a new hack and BTC stolen every week.  What do you say to give confidence to your users that your exchange is secure?

Some of us loved the old mcxnow, but now it has been moved to this new web interface and I just don't see what you offer over other established exchanges, except the benefit of not dealing with USD or hard currency, which allows users to remain anonymous.  I think you would have to be mad to deposit BTC in this exchange.  People never learn their lessons.  This is disaster waiting to happen!

After the MtGox disaster, which took 50K of mine, I reviewed my investments carefully.  I had a lot of money at Bitfinex and was earning great interest in the loaning feature back in the day, but when I decided to do more research into the management, I quickly withdrew all of my money and never looked back.  I had no confidence in the guy running Bitfinex.  Look what happened!  This whole situation feels eerily similar.  I want very badly to have confidence in this venture but I don't!

Please don't take this as a negative attack.  I respect that you have a vision and are trying to accomplish something great, I just don't have much confidence yet in your ability to secure it.

Your objections are valid and understandable. And I probably cannot overcome all your concerns.

The old exchange has been running for over a year without any hacks (even though several attempts have been made) and has even been improved since then. The setup and structure of servers is well tested and has withstood many, many attacks of different kinds.
The exchange has been developed and is still being developed and maintained by two people who have successfully run an exchange (mcxNOW and Solidcoin24) without any successful hacks. So we are not lacking experience.

But we will increase security measures as we grow of course. I can understand if you hold back until we can offer everything you mentioned of course.
enlightened (OP)
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August 07, 2016, 03:40:00 PM
 #245

New account registration will be enabled at launch?

Yes, as soon as the timer hits zero you will be able to sign up.
Timeline
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August 07, 2016, 04:55:36 PM
 #246

What price where the feeshares traded at at Mcxnow and what kind of volume did Mcxnow have?

enlightened (OP)
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August 07, 2016, 05:06:53 PM
 #247

What price where the feeshares traded at at Mcxnow and what kind of volume did Mcxnow have?

hf23mdjhx: i remember i saw & bought some mcxFEE at 0.3 BTC

I don't remember exactly to be honest but it was way higher than it is now.


We just launched BTW

https://beta.rawx.io/#/signup
Timeline
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August 07, 2016, 05:13:11 PM
 #248

Congrats on launch! Will you add Ethereum soon?

D3m0nKinGx
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August 07, 2016, 06:04:30 PM
 #249

MONEY LOG
Time   Type   Currency   Description                           Amount           Balance
Aug 7, 2016 2:00:00 PM   INTEREST   BTC   Interest   0.00000526   0.15000526

just made first 526 sats in rawx interest on my btc depo! woop woop!

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nmtrader100
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August 08, 2016, 06:25:39 AM
 #250

When mcxnow closed I thought realsolid bought back all the mcxshares, did he not?  So the only people that still had shares before the open were those few people who didn't log into mcxnow for several months after it closed to withdraw their money.  So basically almost no one except the owner of the site has any rawx tokens at all and he is the one setting the price.  Can you correct me if I am wrong?

enlightened (OP)
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August 08, 2016, 10:36:09 AM
 #251

When mcxnow closed I thought realsolid bought back all the mcxshares, did he not?  So the only people that still had shares before the open were those few people who didn't log into mcxnow for several months after it closed to withdraw their money.  So basically almost no one except the owner of the site has any rawx tokens at all and he is the one setting the price.  Can you correct me if I am wrong?

RealSolid announced that all shares will be transferred to its successor, so some refused to sell their fees and kept them until today.
There are around 25,000 RXF in circulation right now.
trincaxt
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August 08, 2016, 01:29:00 PM
 #252

help
http://prntscr.com/c31aji
https://explorer.v.cash/address/VjknLm3YHd3ZCUkKLZKXSjJYuHJQEWFf5D

I sent this vcash quota of poloniex to rawx , part of the explorer block more not listed on my balance and not get to be deposited in rawx

enlightened (OP)
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August 08, 2016, 01:52:03 PM
Last edit: August 08, 2016, 02:54:55 PM by enlightened
 #253

help
http://prntscr.com/c31aji
https://explorer.v.cash/address/VjknLm3YHd3ZCUkKLZKXSjJYuHJQEWFf5D

I sent this vcash quota of poloniex to rawx , part of the explorer block more not listed on my balance and not get to be deposited in rawx

I am looking into it right now. Thanks for your patience Smiley

EDIT:

I wrote you an email.
trincaxt
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August 08, 2016, 03:18:37 PM
 #254

help
http://prntscr.com/c31aji
https://explorer.v.cash/address/VjknLm3YHd3ZCUkKLZKXSjJYuHJQEWFf5D

I sent this vcash quota of poloniex to rawx , part of the explorer block more not listed on my balance and not get to be deposited in rawx

I am looking into it right now. Thanks for your patience Smiley

EDIT:

I wrote you an email.

nice suporte !!!

thank you so much !!!

http://prnt.sc/c34dik


enlightened (OP)
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August 09, 2016, 11:22:52 PM
Last edit: August 09, 2016, 11:55:55 PM by enlightened
 #255

I am excited to accounce that we just added STRATIS:

https://beta.rawx.io/#/markets/BTC:STRAT

And I am proud to say that we are the first exchange to offer it Grin
altcoinlambo
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August 10, 2016, 05:02:32 AM
 #256

Hi, OP, how to prove rawx is the new mcxnow? I checked your previous posts, didn't find any post about mcxnow, so i am a bit confused.  Cry
watuba
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August 10, 2016, 09:11:52 AM
 #257

When mcxnow closed I thought realsolid bought back all the mcxshares, did he not?  So the only people that still had shares before the open were those few people who didn't log into mcxnow for several months after it closed to withdraw their money.  So basically almost no one except the owner of the site has any rawx tokens at all and he is the one setting the price.  Can you correct me if I am wrong?

RealSolid announced that all shares will be transferred to its successor, so some refused to sell their fees and kept them until today.
There are around 25,000 RXF in circulation right now.

I don't quite understand.

What happened to the other 75,000 RXF?  Are they out of circulation forever?

enlightened (OP)
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August 10, 2016, 10:58:04 AM
 #258

Hi, OP, how to prove rawx is the new mcxnow? I checked your previous posts, didn't find any post about mcxnow, so i am a bit confused.  Cry

Oh, well that's easy to prove: go to http://mcxnow.com

When mcxnow closed I thought realsolid bought back all the mcxshares, did he not?  So the only people that still had shares before the open were those few people who didn't log into mcxnow for several months after it closed to withdraw their money.  So basically almost no one except the owner of the site has any rawx tokens at all and he is the one setting the price.  Can you correct me if I am wrong?

RealSolid announced that all shares will be transferred to its successor, so some refused to sell their fees and kept them until today.
There are around 25,000 RXF in circulation right now.

I don't quite understand.

What happened to the other 75,000 RXF?  Are they out of circulation forever?

No, but they're in the hands of the owner who decided not to sell at this point.
watuba
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August 10, 2016, 10:55:16 PM
 #259

When mcxnow closed I thought realsolid bought back all the mcxshares, did he not?  So the only people that still had shares before the open were those few people who didn't log into mcxnow for several months after it closed to withdraw their money.  So basically almost no one except the owner of the site has any rawx tokens at all and he is the one setting the price.  Can you correct me if I am wrong?

RealSolid announced that all shares will be transferred to its successor, so some refused to sell their fees and kept them until today.
There are around 25,000 RXF in circulation right now.

I don't quite understand.

What happened to the other 75,000 RXF?  Are they out of circulation forever?

No, but they're in the hands of the owner who decided not to sell at this point.
[/quote]

Is that owner you?

enlightened (OP)
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August 10, 2016, 11:19:28 PM
 #260

Is that owner you?

Yes Smiley
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