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Author Topic: [ANN][ICO] WCX – Digital currency exchange built by ex Apple engineers  (Read 174315 times)
polkacoin
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August 17, 2017, 05:53:06 AM
 #1281


DogeMajestic is a confirmed troll who has not read through the thread...
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August 17, 2017, 05:56:44 AM
 #1282

DogeMajestic is a confirmed troll who has not read through the thread...
Or someone who is looking through you.
Investigation has begun.

Don't accept the scams
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August 17, 2017, 05:58:27 AM
 #1283

How dense are you people? I mean really i don't want to be an asshole but it is like you people put 0 brain power into thinking these things though.  Most ICOs have no problem revealing their team because the crypto they hold is theirs, if they lose it it is their own fault.  On exchanges they hold not only their own but all of their clients too, which means that not only do they have vastly more crypto but it is not their own, and losing customer funds would result in a lot of mistrust for the exchange and loss of clients.

What is this supposed to mean, some kind of insult? I see you are already identifying yourself with these people, feeling threatened whenever someone asks serious questions. Same goes for you, polka. I've read everything as you suggested, and they explain NOTHING.

So for everybody else who thinks about pre-ordering. There is no need to keep the team a secret just to secure the private keys. If you are doing serious business, you will find better ways to keep them secure than not saying ANYTHING about your team.
It's a stupid argument and smells fishy. And to argue "this is crypto" and the keys could easily be stolen is just stupid. BECAUSE this is crypto, a single person doesn't matter at all for the funds. If they are serious about security, they will do multisig anyways.

The whitepaper is a joke, it has nothing to do with what most crypto projects consider a whitepaper. It's just marketing speak, more like a flyer, not even a small business plan. They won't tell you anything, not even the name of the company.
There is NO ESCROW whatsoever, which means if they run with the money, it's gone. And you won't be able to complain to anyone other than some anonymous nicknames on this forum.

The bitcointalk forum used to be very sceptical, but it seems as soon as someone opens their digital purse, the greed takes over and people stop questioning the most basic things. Just don't invest anything in the presale.



Look at this dumbass coming to lecture me about security. It's not about 1 person fool even if they are the entire team, if they get to 1 person they can get to the rest. Plus multisig has almost zero provable advantage over hot / cold structure, just ask bitfinex who got hacked for $200MM they were using multisig.

There is no reason to reveal team member identities. It only serves to put customer funds at risk. It doesn't even increase trust or security. Look at bitfinex their team is "supposedly" known identities, they got hacked like dogs for hundreds of $MM. It's just foolish from security perspective to reveal the private holder identity.

On the flip side Poloniex has unknown owners and they been running without a single hack for years... Also may I say they are the largest exchange by volume...

You answered with wrong account, Macht was talking to Joking313. LOL, you just admitted using multiple accounts.

And BTW Poloniex is the worst example, it's mainly because of them we need new, transparent exchanges. Plus they never had the biggest volume, not even close. And there are a few new exchanges doing ICOs, none of them hide the team names (Mothership, Hcash).

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polkacoin
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August 17, 2017, 06:05:42 AM
 #1284

You answered with wrong account, Macht was talking to Joking313. LOL, you just admitted using multiple accounts.

And BTW Poloniex is the worst example, it's mainly because of them we need new, transparent exchanges. Plus they never had the biggest volume, not even close. And there are a few new exchanges doing ICOs, none of them hide the team names (Mothership, Hcash).

The guy mentioned me... I know Polo sucks thats why I have hope for WCX. It's a good business case too. Mothership are very small, they raise like $5M. WCX already has like $10MM in presales. It's a different scale. Plus the fact that they're doing it doesn't make it right. I think they're completely nuts to reveal private key holders if they're running a centralized exchange. I've already explained my reasoning it makes zero sense from security perspective. Why put customer funds and directors at risk? what benefit? bitfinex directors are known and customers lost funds. same with mt gox .

If you dont trust thats your right and individual problem, but then you wait for exchange launch and by the quality you can tell immediately how pro or amateur the team is...
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August 17, 2017, 07:38:37 AM
 #1285

The token sale isn't accessible to U.S investors because your token is a security. Will you comply with other countries securities regulations or just avoid them as well?

How come WCX haven't answered my question?

You guys need to wake up. WCX sell a token that will share future profits with its holders. This means that they are selling UNREGISTERED securities to you people. That's the reason why they are so secretive about their operations as well because this is a fraud. They are not allowed to sell such securities to unaccredited investors, yet they are happily taking your money.

They are trying to circumvent this by excluding U.S investors yet they fail to realise that other countries have strict security laws too.

Wake up people... This is nothing more than a quick money grab.

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August 17, 2017, 08:05:00 AM
 #1286

The token sale isn't accessible to U.S investors because your token is a security. Will you comply with other countries securities regulations or just avoid them as well?

How come WCX haven't answered my question?

You guys need to wake up. WCX sell a token that will share future profits with its holders. This means that they are selling UNREGISTERED securities to you people. That's the reason why they are so secretive about their operations as well because this is a fraud. They are not allowed to sell such securities to unaccredited investors, yet they are happily taking your money.

They are trying to circumvent this by excluding U.S investors yet they fail to realise that other countries have strict security laws too.

Wake up people... This is nothing more than a quick money grab.



Calm down, only in US SEC made an annoucement about treating tokens as securities. The rest of the world don't have such a strict laws, we don't need accredited investors, it's all legal.

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THE WORLD'S
FIRST INSTANT
CRYPTO LOANS
GET INSTANT CASH IN
40+FIAT
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USING
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etienne_marais
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August 17, 2017, 08:08:51 AM
 #1287

Even if we don't know the teams' identities until later, I would feel considerably more positive if there were some means to assert the claim that their members have a background at Apple,IBM,Deutsches Bank.

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August 17, 2017, 09:07:30 AM
Last edit: August 17, 2017, 09:33:01 AM by TaiwanStrait
 #1288

Paul Kaplan

Pierre Legarnier

You were replying to mail

Please post public statement concerning scam question.

Thank you for your valuable cooperation.
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August 17, 2017, 09:41:26 AM
 #1289

Tell me the referral program works? Bonuses charge for registration?
MrLitex
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August 17, 2017, 09:46:25 AM
 #1290

Tell me the referral program works? Bonuses charge for registration?
Yes

MyCryptoBank  ――  Legal and Reliable Crypto Bank
Whitepaper  ――  CRYPTOBANK FOR CRYPTOCOMMUNITY  ――  Announce
―― Medium ―― YouTube ―― LinkedIn ―― Telegram ―― Facebook ―― Twitter ――
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August 17, 2017, 09:47:54 AM
 #1291

So they launched pre-ICO with a deadline 24 hours (otherwise pre-ICO slot will be lost) and still no details about escrow. That's too much of a risk for the minimum investment amount they ask. So i'll be happy to lose that pre-ICO slot to the next available investor )
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August 17, 2017, 10:08:16 AM
 #1292

The token sale isn't accessible to U.S investors because your token is a security. Will you comply with other countries securities regulations or just avoid them as well?

How come WCX haven't answered my question?

You guys need to wake up. WCX sell a token that will share future profits with its holders. This means that they are selling UNREGISTERED securities to you people. That's the reason why they are so secretive about their operations as well because this is a fraud. They are not allowed to sell such securities to unaccredited investors, yet they are happily taking your money.

They are trying to circumvent this by excluding U.S investors yet they fail to realise that other countries have strict security laws too.

Wake up people... This is nothing more than a quick money grab.



Calm down, only in US SEC made an annoucement about treating tokens as securities. The rest of the world don't have such a strict laws, we don't need accredited investors, it's all legal.

It doesn't matter whether they announce it or not. If you share profits with owners of a token, it's a security. It's as easy as that. If you don't register securities and sell them to unaccredited investors, you will get caught eventually.

You are also lying that other countries don't have similar strict security laws. Germany has a very similar "Aktiengesetz" (securities law) in place that came into effect in 1937, 3 years after the SEC was founded in the U.S.

I am just trying to warn people that projects like these that sell unregistered securities are ticking time bombs. If you are in here to flip it, that's ok. If you are here because you think of this as a serious long-term investment, you should think twice about it.

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August 17, 2017, 12:56:55 PM
 #1293

"Oчeнь нeпpиятнo видeть кaк итo cкoлькo тoкeнoв нa бaлaнce. Пoчeмy? Peфepaл cнaчaлa cтoил 200 тoкeнoв, a зaтeм cтoимocть eгo cтaлa 100 тoкeнoв и oчepeднoe пoxyдeниe бaлaнca. И чтo кoгдa Bы зaпycтитecь в oктябpe нa бaлaнce ничeгo нe ocтaнeтcя зa пpиглaшённыx в пpoeктe?"
 Этo я вчepa пиcaлa здecь, a ceгoдня cитyaция измeнилacь и мoи тoкeны вepнyлиcь нa бaлaнc! Cпacибo! И тeпepь Oчeнь пpиятнo видeть чтo пpoeкт paбoтaeт пoлoжитeльнo!  Smiley
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August 17, 2017, 01:00:42 PM
 #1294

Look at this dumbass coming to lecture me about security. It's not about 1 person fool even if they are the entire team, if they get to 1 person they can get to the rest. Plus multisig has almost zero provable advantage over hot / cold structure, just ask bitfinex who got hacked for $200MM they were using multisig.

There is no reason to reveal team member identities. It only serves to put customer funds at risk. It doesn't even increase trust or security. Look at bitfinex their team is "supposedly" known identities, they got hacked like dogs for hundreds of $MM. It's just foolish from security perspective to reveal the private holder identity.

On the flip side Poloniex has unknown owners and they been running without a single hack for years... Also may I say they are the largest exchange by volume...

Look, I don't know why you try to insult me, as if this was something between the two of us. I'm not here to educate you, I'm here to show everybody else that there is something fishy going on here and that they should be aware that their invested money (in the pre-sale) might just be stolen. It just so happens that you are responding very strongly to my endeavour. For whatever reason.

So for everybody else, again, be careful and don't invest unless they reveal a minimum of information, atm they provide us with nothing. A responsible company would offe an escrow for the pre-sale money. A responsible company would disclose their name, or at least some of their board members/ representatives. They would disclose anything, really. All you get here is a fancy website with some marketing speak and a lifetime income for only 25k+
Who wouldn't want to participate? It's too good. Think about it.


PS: @sorry but Poloniex was hacked. https://www.coindesk.com/poloniex-loses-12-3-bitcoins-latest-bitcoin-exchange-hack/
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August 17, 2017, 01:30:53 PM
 #1295

i've had multiple people use my referral link and sign up, but i'm still only showing a record and reward for 1 sign up. anyone else had this problem? am I doing something wrong?
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August 17, 2017, 02:39:45 PM
 #1296

They`ve added a "Other" form field at the coin voting page so you can specify a coin you'd like to trade that isn't listed. https://docs.google.com/forms/d/e/1FAIpQLSdkFM1HKmTfhDeJ5Acn5hstJFi_Mcj8KIgMk7fpvOxJ2Ua5aA/viewform
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August 17, 2017, 03:43:05 PM
 #1297

Look at this dumbass coming to lecture me about security. It's not about 1 person fool even if they are the entire team, if they get to 1 person they can get to the rest. Plus multisig has almost zero provable advantage over hot / cold structure, just ask bitfinex who got hacked for $200MM they were using multisig.

There is no reason to reveal team member identities. It only serves to put customer funds at risk. It doesn't even increase trust or security. Look at bitfinex their team is "supposedly" known identities, they got hacked like dogs for hundreds of $MM. It's just foolish from security perspective to reveal the private holder identity.

On the flip side Poloniex has unknown owners and they been running without a single hack for years... Also may I say they are the largest exchange by volume...

Look, I don't know why you try to insult me,

It's her modus operandi, constant personal attacks, insults, and bullying of anybody that asks valid questions or expresses concerns.
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August 17, 2017, 04:18:44 PM
Last edit: August 17, 2017, 04:29:38 PM by wcxofficial
 #1298

Hey guys, we'd appreciate if this thread could be kept clean of insults or personal attacks. Would be sad to see it become a troll fest. Thank you, let's keep it civil!

And if we could steer clear of unfounded speculation too. Smiley The dates and plan for WCX have been announced and here's a quick reminder.

Sep 1: Private Alpha Launch
Oct 1: Public ICO begins
Oct 10: WCX Launches to the public


i've had multiple people use my referral link and sign up, but i'm still only showing a record and reward for 1 sign up. anyone else had this problem? am I doing something wrong?

Referrals are going through smoothly. Please reach out to hello@wcex.co for assistance.

WCX - 0-fee crypto margin trading https://wcex.com
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August 17, 2017, 04:23:55 PM
 #1299

Why is WCX being so evasive with revealing their team members identities to the public? They are so eager to promote their team as being part of these big name identifiable and established companies. I think they are name dropping because they want to provide a sense of security for these people who blindly invest in these projects looking to get rich quick.

That "whitepaper" is a joke. I would avoid this.
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August 17, 2017, 04:26:58 PM
 #1300

Why is WCX being so evasive with revealing their team members identities to the public? They are so eager to promote their team as being part of these big name identifiable and established companies. I think they are name dropping because they want to provide a sense of security for these people who blindly invest in these projects looking to get rich quick.


Lol another noob who just drops by like a fool with their great security wisdom. Of course they should not reveal their team or private key holders, that puts customer funds in risk.
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