dE_logics
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December 24, 2013, 04:00:57 PM |
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Well I'm not the author of NXT nor American.
I'm the founder of DGEX and nextcoin.org, and this thread concerns DGEX the exchange, not the viabilitiy of NXT itself.
Regardless, I don't see suggested scam anywhere. I only see pouring out negativity arising from hesitation / envy / lack of courage or resources.
This does not answer my question. If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'. Now cause the coin is gaining on popularity (cause of false inflated prices as shown in the websites made by NXT holders), it may be listed in more popular exchanges and have a good price.. More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors).These sound like harsh questions, but these are real serious questions which need to be answered in order to prove the coin is not a scam. After I'm satisfied, I may invest. Since when it is unreasonable for someone to launch an exchange? Cut the crap please!How can an exchange prove btw that it is not doing dirty tricks? I mean how r u sure that cryptsy, btc-e (let me laugh), bter, the second biggest chinese exchange which name I forget and inflated LTC BTC prices, and not let me even start about mtgox.. But I will save you some time mate because I like you, NxT is an elaborate scam move elsewhere (maybe Dogecoin or Quark ) and don't waste your time and money here... Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer. Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do. Starting your own exchange to do the dirty tricks on it is easier.
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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December 24, 2013, 04:11:24 PM |
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Well I'm not the author of NXT nor American.
I'm the founder of DGEX and nextcoin.org, and this thread concerns DGEX the exchange, not the viabilitiy of NXT itself.
Regardless, I don't see suggested scam anywhere. I only see pouring out negativity arising from hesitation / envy / lack of courage or resources.
This does not answer my question. If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'. Now cause the coin is gaining on popularity (cause of false inflated prices as shown in the websites made by NXT holders), it may be listed in more popular exchanges and have a good price.. More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors).These sound like harsh questions, but these are real serious questions which need to be answered in order to prove the coin is not a scam. After I'm satisfied, I may invest. Since when it is unreasonable for someone to launch an exchange? Cut the crap please!How can an exchange prove btw that it is not doing dirty tricks? I mean how r u sure that cryptsy, btc-e (let me laugh), bter, the second biggest chinese exchange which name I forget and inflated LTC BTC prices, and not let me even start about mtgox.. But I will save you some time mate because I like you, NxT is an elaborate scam move elsewhere (maybe Dogecoin or Quark ) and don't waste your time and money here... Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer. Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do. Starting your own exchange to do the dirty tricks on it is easier. So BTC-e and MtGox and BTC24 were big - why do they still scam people (the first two)? I would say it like this: we have no regulations, ALL of them will do dirty tricks, size is irrelevant... That said I think it is ok to trade small amounts @dgex and NXT is not to blame, as Bitcoin is not to blame for MtGox or LTC for BTC-e...
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dE_logics
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December 24, 2013, 05:12:00 PM |
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Well I'm not the author of NXT nor American.
I'm the founder of DGEX and nextcoin.org, and this thread concerns DGEX the exchange, not the viabilitiy of NXT itself.
Regardless, I don't see suggested scam anywhere. I only see pouring out negativity arising from hesitation / envy / lack of courage or resources.
This does not answer my question. If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'. Now cause the coin is gaining on popularity (cause of false inflated prices as shown in the websites made by NXT holders), it may be listed in more popular exchanges and have a good price.. More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors).These sound like harsh questions, but these are real serious questions which need to be answered in order to prove the coin is not a scam. After I'm satisfied, I may invest. Since when it is unreasonable for someone to launch an exchange? Cut the crap please!How can an exchange prove btw that it is not doing dirty tricks? I mean how r u sure that cryptsy, btc-e (let me laugh), bter, the second biggest chinese exchange which name I forget and inflated LTC BTC prices, and not let me even start about mtgox.. But I will save you some time mate because I like you, NxT is an elaborate scam move elsewhere (maybe Dogecoin or Quark ) and don't waste your time and money here... Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer. Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do. Starting your own exchange to do the dirty tricks on it is easier. So BTC-e and MtGox and BTC24 were big - why do they still scam people (the first two)? When did I say they're scamming? Bitcoins were traded for real $s, that puts it under the law (tax and all) and it make it very hard to scam. But dgex is completely virtual. I would say it like this: we have no regulations, ALL of them will do dirty tricks, size is irrelevant... Size is relevant -- Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer.
Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do.
Starting your own exchange to do the dirty tricks on it is easier. That said I think it is ok to trade small amounts @dgex and NXT is not to blame, as Bitcoin is not to blame for MtGox or LTC for BTC-e...
dgex exists for the purpose of NXT and you're saying they're not related? For some reason you cannot imagine the fact that the founder of NXT and dgex have agreed to inflate the prices. Yeah one thing -- the trade history should be made public and the trades should correspond to the transactions in the block explorer. But there's no list of buy and sell orders even, it's just a graph of the prices.
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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December 24, 2013, 05:24:24 PM |
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Well I'm not the author of NXT nor American.
I'm the founder of DGEX and nextcoin.org, and this thread concerns DGEX the exchange, not the viabilitiy of NXT itself.
Regardless, I don't see suggested scam anywhere. I only see pouring out negativity arising from hesitation / envy / lack of courage or resources.
This does not answer my question. If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'. Now cause the coin is gaining on popularity (cause of false inflated prices as shown in the websites made by NXT holders), it may be listed in more popular exchanges and have a good price.. More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors).These sound like harsh questions, but these are real serious questions which need to be answered in order to prove the coin is not a scam. After I'm satisfied, I may invest. Since when it is unreasonable for someone to launch an exchange? Cut the crap please!How can an exchange prove btw that it is not doing dirty tricks? I mean how r u sure that cryptsy, btc-e (let me laugh), bter, the second biggest chinese exchange which name I forget and inflated LTC BTC prices, and not let me even start about mtgox.. But I will save you some time mate because I like you, NxT is an elaborate scam move elsewhere (maybe Dogecoin or Quark ) and don't waste your time and money here... Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer. Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do. Starting your own exchange to do the dirty tricks on it is easier. So BTC-e and MtGox and BTC24 were big - why do they still scam people (the first two)? When did I say they're scamming? Bitcoins were traded for real $s, that puts it under the law (tax and all) and it make it very hard to scam.
But dgex is completely virtual. I would say it like this: we have no regulations, ALL of them will do dirty tricks, size is irrelevant... Size is relevant -- Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer.
Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do.
Starting your own exchange to do the dirty tricks on it is easier. That said I think it is ok to trade small amounts @dgex and NXT is not to blame, as Bitcoin is not to blame for MtGox or LTC for BTC-e...
dgex exists for the purpose of NXT and you're saying they're not related? For some reason you cannot imagine the fact that the founder of NXT and dgex have agreed to inflate the prices. Yeah one thing -- the trade history should be made public and the trades should correspond to the transactions in the block explorer. But there's no list of buy and sell orders even, it's just a graph of the prices. No comment - you are so naive sorry.
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dE_logics
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December 24, 2013, 05:24:34 PM |
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The block explorer's volumes are negligible. Seconding the fact that the trades are inflated; there's no trade done in reality. And if you see the amount in each transaction (I'm not sure if I'm seeing the correct field), it's 0 for almost all transactions.
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dE_logics
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December 24, 2013, 05:26:10 PM |
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Well I'm not the author of NXT nor American.
I'm the founder of DGEX and nextcoin.org, and this thread concerns DGEX the exchange, not the viabilitiy of NXT itself.
Regardless, I don't see suggested scam anywhere. I only see pouring out negativity arising from hesitation / envy / lack of courage or resources.
This does not answer my question. If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'. Now cause the coin is gaining on popularity (cause of false inflated prices as shown in the websites made by NXT holders), it may be listed in more popular exchanges and have a good price.. More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors).These sound like harsh questions, but these are real serious questions which need to be answered in order to prove the coin is not a scam. After I'm satisfied, I may invest. Since when it is unreasonable for someone to launch an exchange? Cut the crap please!How can an exchange prove btw that it is not doing dirty tricks? I mean how r u sure that cryptsy, btc-e (let me laugh), bter, the second biggest chinese exchange which name I forget and inflated LTC BTC prices, and not let me even start about mtgox.. But I will save you some time mate because I like you, NxT is an elaborate scam move elsewhere (maybe Dogecoin or Quark ) and don't waste your time and money here... Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer. Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do. Starting your own exchange to do the dirty tricks on it is easier. So BTC-e and MtGox and BTC24 were big - why do they still scam people (the first two)? When did I say they're scamming? Bitcoins were traded for real $s, that puts it under the law (tax and all) and it make it very hard to scam.
But dgex is completely virtual. I would say it like this: we have no regulations, ALL of them will do dirty tricks, size is irrelevant... Size is relevant -- Basically what you're saying here is that -- "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put my money on her." But still I'll answer.
Because they're large exchanges; the probability of them doing such a scam is less. People trust them. Their business is large, they require large payments in bribery which's something hard to do.
Starting your own exchange to do the dirty tricks on it is easier. That said I think it is ok to trade small amounts @dgex and NXT is not to blame, as Bitcoin is not to blame for MtGox or LTC for BTC-e...
dgex exists for the purpose of NXT and you're saying they're not related? For some reason you cannot imagine the fact that the founder of NXT and dgex have agreed to inflate the prices. Yeah one thing -- the trade history should be made public and the trades should correspond to the transactions in the block explorer. But there's no list of buy and sell orders even, it's just a graph of the prices. No comment - you are so naive sorry. "I trust Jane to make me an ASIC miner instead of AMD/Intel/Nvidia, that's why put all my money on her."
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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December 24, 2013, 05:32:56 PM |
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Do you even investigate before you post? http://dgex.com/fees.htmNXT BUY and SELL: 0% NXT deposits: 0% BTC deposits: 0% NXT cashouts: 0% BTC cashouts: 1.4% min. 0.0005 BTC Ignore <- Ignore + 1
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GCInc. (OP)
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December 24, 2013, 09:39:13 PM |
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This does not answer my question.
What is your question? You seem to be completely offtrack assuming things that are utterly far fetched. If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'.
Well I do not hold a large stake, nor do I have ANY agreements with anyone. I work completely individually. All trades are real. They were seen in their complete history until a few days ago in realtime API (updated every minute), that was changed to 24hrs because of the load the full history generated. Of course deposits and withdrawals are not the same as trades. However our trading account is currently processing several hundred BTC a day in funding transactions which you can verify from the blockchain. In addition we hold a reserve account of 40 Million NXT in client holdings. More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors). What? I created the facility to exchange NXT to a.) generate profit for myself, and seize the opportunity with a new system like NXT b.) progress the advancement of a technically superior token system that I find beneficial for all And you say it's strange I don't go to cheer competitors to take up NXT trading instead of myself? That is just absurd.
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dE_logics
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December 25, 2013, 03:54:48 AM |
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This does not answer my question.
What is your question? You seem to be completely offtrack assuming things that are utterly far fetched. How do you prove the authenticity of this site?
It maybe that the NXT author just inflated the prices (cause he's also owning the website) and took BTC for a crypto which has no value. If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'.
Well I do not hold a large stake, nor do I have ANY agreements with anyone. I work completely individually. All trades are real. They were seen in their complete history until a few days ago in realtime API (updated every minute), that was changed to 24hrs because of the load the full history generated. Of course deposits and withdrawals are not the same as trades. However our trading account is currently processing several hundred BTC a day in funding transactions which you can verify from the blockchain. In addition we hold a reserve account of 40 Million NXT in client holdings. Oh yes the block chain -- https://bitcointalk.org/index.php?topic=199685.msg4124921#msg4124921This point of your is of thought. I'll investigate. More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors). What? I created the facility to exchange NXT to a.) generate profit for myself, and seize the opportunity with a new system like NXT b.) progress the advancement of a technically superior token system that I find beneficial for all And you say it's strange I don't go to cheer competitors to take up NXT trading instead of myself? That is just absurd. [/quote] That is possible, but there's also a possibility that -- It maybe that the NXT author just inflated the prices (cause he's also owning the website) and took BTC for a crypto which has no value. Or in this case you were given a lot of NXT just for the purpose. Besides, if you were a real competitor you would've added other coins, but as the thread title suggests -- [ANN] DGEX.com multicurrency exchange BTC <-> NXT no trading fees Your objective was to create a BTC <-> NXT exchange (the only exchange for NXT) to possible drive the bubble of NXT via inflated prices. Anyway, I'll sign up for your exchange
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dE_logics
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December 25, 2013, 11:10:24 AM |
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What? I created the facility to exchange NXT to
a.) generate profit for myself, and seize the opportunity with a new system like NXT b.) progress the advancement of a technically superior token system that I find beneficial for all
And you say it's strange I don't go to cheer competitors to take up NXT trading instead of myself? That is just absurd.
That's like saying -- Terrorism for a certain religion (X) is good, cause X is the reality and the ultimate truth and people should be forced to follow X by any means possible which includes killing. However the reality is -- Terrorism happens when a group forces their beliefs on other people who do not have the same belief as theirs hindering people's fundamental rights. Similarly, you say -- created the facility to exchange NXT to
a.) generate profit for myself, and seize the opportunity with a new system like NXT b.) progress the advancement of a technically superior token system that I find beneficial for all But the reality is -- It maybe that the NXT author just inflated the prices (cause he's also owning the website) and took BTC for a crypto which has no value.
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GCInc. (OP)
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December 25, 2013, 02:01:29 PM |
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However the reality is --
Of course I can say what I want and you can believe what you want. If you wish to leverage on what a person says, and possibly make the most constructive decisions that ideally should profit yourself and benefit the society as a whole, you'd be advised to make research into how trustworthy the person in question is. The conclusions thereof should form a strong base upon which you can establish your actions. I have a history of keeping my word, and construct my discussions based on that. Dig into it if you wish - I have better things to do than debate whether I'm telling the truth.
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punkrock
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December 25, 2013, 02:02:18 PM |
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@GCInc.: Don't feed the troll.
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dE_logics
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December 26, 2013, 06:48:06 AM |
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de_logics. You use the most brain Dead, circular and orthogonal arguments I have ever seen. Your posts all read like angry opinion pieces. No relevant or supportive facts. No facts at all actually. Paper thin. Same goes for all the anti Nxt/Mastercoin posts in the coinmarketcap thread. Just a pile of angry and misguided hyperbole.
Cant answer genuine questions? Reply Moot. Nonsense. Troll etc... Irrelevant facts (by me) -- How do you prove the authenticity of this site?
It maybe that the NXT author just inflated the prices (cause he's also owning the website) and took BTC for a crypto which has no value. Relevant facts by you -- de_logics. You use the most brain Dead, circular and orthogonal arguments I have ever seen
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yuriygeorge
Sr. Member
Offline
Activity: 262
Merit: 250
I hate my family
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December 26, 2013, 11:02:07 AM |
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My concern is this:
1,000,000,000 (1 billion) initial coins 73 initial adopters so roughly 13.7 Million each, give or take (assume equal distribution) at 21 BTC Total (in october... lower prices than today USD wise) 0.000000021 BTC per coin current market rate is about 0.00008500
So, it’s that’s about 4,000x, or 400,000% more what the early adopters paid for for ALL the coins (they OWN the complete supply) EVER to be generated? And it has only been 1-3 months? And all coins - ALL 1 BILLION coins (give or take) - were obtained at this rate. Are you serious? 400,000% return per coin sold in 1-2 months from genesis? For a solution that's not even open source? Now, this sounds too good to be true.
But, I'm not accusing anyone, just saying I'm VERY skeptical of the 400,000+% increase in value in 2-3 months. It's too high. And the exchange plays a role in this, too, especially being the only monopoly in the market. I don't know who's doing it, either the exchange, or market participants, but the I would guess the volume traded is not the actual volume of actual real trades between unique investors, and this inflated volume gives it credibility as a "market cap" of $80M.
It also threw me off when the exchange did not allow me to put an order in at .00000300 (my own fair estimation), since it was more than +/- 30% requirement. Price controls, but I see how it could be a safety measure, I understand. Still, not my idea of a free market.
Finally, I think the coinMarketCap capitalization of NXC is unrealistic. I mean 21 BTC were put in in September-October, so no more than $4,000 total. So now according to coinMarketCap, NXC is worth $82,000,000 (or 2,000,000% growth in 2 months). Again, this is coinmarketCap's mistake, and my hypothesis is the trading volume is unrealistic and some people are putting in trades to increase the volume... Did we have $82M poured in? Definitely not.
Some people are making a shit ton of money on NxC and some fools are paying way too much for them. It may be a really good idea in the end, and I'm curious to see how it plays out, but in my opinion, currently it's way overvalued. I'm trying to get people to do some simple math and stop buying this thing at 400,000-500,000% of original stake, for something that hasn't been peer-reviewed nor open sourced. Probably the biggest bubble I've ever seen in my life, or the biggest price/volume mis-representation.
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Ebrelus
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December 26, 2013, 11:09:27 AM |
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Actually it going to the moon now... it broke 0.0001 BTC barrier withot any slow down... incredible... and BTC is rising boosting growth of all others coins especially LTC... Nxt is Moon and really hard landing but when? Btw i can't comment in Nxt Big Giveaway thread anymore... also people don't receive their Nxts since 19teen page. Why is that? I can't even reply ans ask what is going on. So many people started supporting Nxt and get nothing from it while few pages earlier were rewarded for it. It isn't ok.
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coinlover57
Newbie
Offline
Activity: 40
Merit: 0
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December 26, 2013, 11:39:46 AM |
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Hello,
I withdrawed 18k NXT to my wallet on December 22nd. It is marked as completed in my dgex.com account. However I didn't get the money on my NXT Wallet yet. This is probably due to the DDOS attack that you encountered.
My account number is 3454 and my NXT address is 7819836531038437634.
Can you please have a look? You can send the money to my wallet or credit my dgex account back. Either way is fine for me.
Thanks in advance.
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Vega
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December 26, 2013, 11:43:46 AM |
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Hello,
I withdrawed 18k NXT to my wallet on December 22nd. It is marked as completed in my dgex.com account. However I didn't get the money on my NXT Wallet yet. This is probably due to the DDOS attack that you encountered.
My account number is 3454 and my NXT address is 7819836531038437634.
Can you please have a look? You can send the money to my wallet or credit my dgex account back. Either way is fine for me.
Thanks in advance.
7819836531038437634It looks like Nxt was sent three days ago, the problem probably is with your client. Check if you have the newest version, and redownload blockchain.
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coinlover57
Newbie
Offline
Activity: 40
Merit: 0
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December 26, 2013, 01:02:15 PM |
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Hi Vega,
Thank you very much for your help. You were right, the problem was with my client. I removed the client folder, installed it again and now I see the money in my account.
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bizz
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December 26, 2013, 01:46:58 PM |
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@GCInc.: Don't feed the troll.
+1 better concentrate on exchange
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