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lijoe408
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September 05, 2017, 02:15:30 AM |
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The timing of the PBOC news is soooo bad. Right before the mainnet and the press run smh. First all the Fud at inception and now this. Qtum can't see to catch a break.
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SamboNZ
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September 05, 2017, 02:27:47 AM |
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It seems they had hit a thick brick wall and still thinking on what to do. I hope they can release a contigency plan
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coin@coin
Legendary
 Offline
Activity: 1722
Merit: 1000
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September 05, 2017, 08:45:49 AM |
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Isn't the QTUM Foundation based in Singapore?
So the PoBC ruling shouldn't affect people outside China or am I missing something?
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bitcircle
Legendary
Offline
Activity: 1540
Merit: 1002
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September 05, 2017, 08:52:55 AM |
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Isn't the QTUM Foundation based in Singapore?
So the PoBC ruling shouldn't affect people outside China or am I missing something?
Huge Chinese community involve into this project that's why this will face huge pressure big money from China invested into this project this ICO was hosted mostly on Chinese market and trading there. I hope this will get recover and will continue growing. |
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coin@coin
Legendary
Offline
Activity: 1722
Merit: 1000
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September 05, 2017, 09:20:31 AM |
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Isn't the QTUM Foundation based in Singapore?
So the PoBC ruling shouldn't affect people outside China or am I missing something?
Huge Chinese community involve into this project that's why this will face huge pressure big money from China invested into this project this ICO was hosted mostly on Chinese market and trading there. I hope this will get recover and will continue growing. Understood however looks like Chinese ICO platforms are refunding money for tokens that haven't been delivered yet. I think that contributors have received IOUs so not sure if that is considered no tokens recieved or not. Understandably there will be some issues but each project and token will have to be scrutinized and I do think that Qtum doesn't represent a security so hopefully this will not affect them so much. Qtum has its own blockchain so if they let Ethereum be they should let Qtum be too. I think it's too early to speculate and we should wait and see how things develop following yesterdays ruling. The project is solid, if regulators start getting in the way of innovation China may find itself behind other countries that have a more favourable approach to cryptocurrencies and blockchain tech. Anyhow good luck to the team! |
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Qtum (OP)
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September 05, 2017, 10:50:28 AM
Last edit: September 05, 2017, 11:10:42 AM by Qtum |
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Qtum Foundation Official Announcement: Please keep in mind that this refund process will expire after 30 days unless we post otherwise. Remember, this is not mandatory, this is an option if anyone would like to refund their Qtum tokens. If you do not want to refund your tokens, you do not have to do anything. Be aware of phishing and scam attempts from people claiming to be Qtum team members. You must contact the e-mail address specified on the document "foundation@qtum.org" to receive a deposit address for a refund. Be vigilant. |
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skidog
Legendary
Offline
Activity: 1393
Merit: 1001
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September 05, 2017, 12:48:42 PM |
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That would be un-wise....  |
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ICOs
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September 05, 2017, 12:51:35 PM |
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What will happen to the tokens refunded?
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Mendeleev
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September 05, 2017, 01:25:53 PM |
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I'll give them 2 bitcoin per 3,800 qtum!
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IvanChan
Newbie
Offline
Activity: 15
Merit: 0
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September 05, 2017, 01:40:02 PM |
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If you were to offer me 5 btc for 3800 of my Qtum... I would say NO!
When I signed up I did so on DD. someone previously mentioned about the similarities between the Stratis Dev team and Qtums... while I see the comparisons as regards non overhyped announcements etc, imo, Qtum on analysis especially time frame wise in hitting targets doesn't have a comparison in the market yet. IN THIS DEPARTMENT THEY ARE STREETS AHEAD of anyone else.
So again when I signed up I did so on DD and with the intention of SUPPORTING Qtum. I will continue to support, and No-one will see my Qtum's this side of the decade.
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hunnykaushal
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September 05, 2017, 01:42:21 PM |
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why 1 Bitcoin for 3800 Qtum tokens as price of 1 Qtum token is almost 10$+
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GeneralC1
Member
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Activity: 98
Merit: 10
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September 05, 2017, 01:52:54 PM |
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Listen to the message that QTUM is also clearing the currency? To enforce it?
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#BiT_pOL
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September 05, 2017, 02:02:10 PM |
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why 1 Bitcoin for 3800 Qtum tokens as price of 1 Qtum token is almost 10$+
cos this is the ico price in btc |
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Alonzo Ewing
Legendary
Offline
Activity: 1040
Merit: 1001
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September 05, 2017, 02:33:45 PM |
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Too bad for this project to refund at this point of time when the product was almost ready for user adoption.Along with this all other recently concluded ICOs from China are also impacted like Binance? and whether antshares? it is an old token for now but whether there is some impact too?
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burner2015
Full Member
Offline
Activity: 238
Merit: 100
Co founder & CMO SocialX
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September 05, 2017, 02:52:54 PM |
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Too bad for this project to refund at this point of time when the product was almost ready for user adoption.Along with this all other recently concluded ICOs from China are also impacted like Binance? and whether antshares? it is an old token for now but whether there is some impact too?
Are you guys not understanding this?  I am really hard laughing. No one or not even 1% of the people will give back their tokens for that rate hahaa.. so it is just a Marketing Fake Gag or good will to the chinese government. Nothing happend with that message, the project goes forward as plannend. The only thing that changed: Chinese ICOs will now go OFFSHORE to Singapore or HK and do the legal entity there... |
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tiger5056
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September 05, 2017, 02:53:58 PM |
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is bter support withdrawal in ERC token for QTUM?
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Qtum (OP)
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September 05, 2017, 03:41:25 PM |
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Too bad for this project to refund at this point of time when the product was almost ready for user adoption.Along with this all other recently concluded ICOs from China are also impacted like Binance? and whether antshares? it is an old token for now but whether there is some impact too?
This is not a mandatory refund, this is optional. The development will continue as planned, and the main network will launch on the 13th of September. |
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bitboy11
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September 05, 2017, 04:54:44 PM |
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What should a verified international person do if their tokens are still trapped in Bizhongchou, the "recommended" exchange?
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JhnsnVolk
Newbie
Offline
Activity: 8
Merit: 0
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September 05, 2017, 09:57:46 PM |
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Well, looks like people are confused... I guess is to buy some |
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skidog
Legendary
Offline
Activity: 1393
Merit: 1001
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September 05, 2017, 11:31:06 PM
Last edit: September 05, 2017, 11:56:02 PM by skidog |
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Too bad for this project to refund at this point of time when the product was almost ready for user adoption.Along with this all other recently concluded ICOs from China are also impacted like Binance? and whether antshares? it is an old token for now but whether there is some impact too?
This is not a mandatory refund, this is optional. The development will continue as planned, and the main network will launch on the 13th of September. Happy to get clarity on the situation. Any news on a new exchange? |
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