JollyGood
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October 05, 2020, 10:12:20 AM |
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Precisely my point. There is a massive difference between the way Binance handled their hack and the manner in which other exchanges handle theirs. It would be good to know what Kucoin plans to do in the future about their customers. Any exchange getting hacked in going to make problems so far as reputation is concerned. It was only Binance that I can think of that managed to cover losses from that their users would face after that hack happened and they covered losses with their own funds. Not all exchanges are in a position to do that. The reputation and customer confidence in Kucoin will have dropped a lot no doubt. Although they claimed the funds were insured but till now there is no progress made into this direction. The effected projects are doing this job to make sure to return the funds to the exchange wallet. I also think this will damage the reputation of Kucoin in future. Back then, Binance was able to quickly recover the losses that occurred due to hack I think that's the reason their reputation was intact. I think It will all depend on how quickly KuCoin will act to reimburse the users who lost $$ during the Kucoin hack.
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Anarchy101
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Activity: 1316
Merit: 1004
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October 06, 2020, 05:41:28 AM |
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Any exchange getting hacked in going to make problems so far as reputation is concerned. It was only Binance that I can think of that managed to cover losses from that their users would face after that hack happened and they covered losses with their own funds. Not all exchanges are in a position to do that. The reputation and customer confidence in Kucoin will have dropped a lot no doubt. Although they claimed the funds were insured but till now there is no progress made into this direction. The effected projects are doing this job to make sure to return the funds to the exchange wallet. I also think this will damage the reputation of Kucoin in future. Back then, Binance was able to quickly recover the losses that occurred due to hack I think that's the reason their reputation was intact. I think It will all depend on how quickly KuCoin will act to reimburse the users who lost $$ during the Kucoin hack. They guarantee that they will reimburse the hack funds, did we see any problem already regarding their promise, do people complain about their funds not reimbursed by Kucoin? If they won't reimburse, that, we can say that it will affect their reputation which I doubt they'll allow that to happen. They are definitely going to reimburse, but they need to do that quickly to save their reputation in the crypto industry because you know the more time they take the more time FUDDERS will have to spread FUD (IMO). I have seen so many exchanges got shut down after they suffered a hack hopefully the same will not happen to KuCoin.
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Natalim
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October 09, 2020, 12:26:10 PM |
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Any exchange getting hacked in going to make problems so far as reputation is concerned. It was only Binance that I can think of that managed to cover losses from that their users would face after that hack happened and they covered losses with their own funds. Not all exchanges are in a position to do that. The reputation and customer confidence in Kucoin will have dropped a lot no doubt. Although they claimed the funds were insured but till now there is no progress made into this direction. The effected projects are doing this job to make sure to return the funds to the exchange wallet. I also think this will damage the reputation of Kucoin in future. Back then, Binance was able to quickly recover the losses that occurred due to hack I think that's the reason their reputation was intact. I think It will all depend on how quickly KuCoin will act to reimburse the users who lost $$ during the Kucoin hack. They guarantee that they will reimburse the hack funds, did we see any problem already regarding their promise, do people complain about their funds not reimbursed by Kucoin? If they won't reimburse, that, we can say that it will affect their reputation which I doubt they'll allow that to happen. They are definitely going to reimburse, but they need to do that quickly to save their reputation in the crypto industry because you know the more time they take the more time FUDDERS will have to spread FUD (IMO). I have seen so many exchanges got shut down after they suffered a hack hopefully the same will not happen to KuCoin. They are back live 2 days ago. https://www.digitalmarketnews.com/kucoin-resumes-withdrawals-and-deposits-for-btc-eth-and-usdt/And their trading volume seems to be okay at $71 m billion now. https://coinmarketcap.com/exchanges/kucoin/
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Anarchy101
Legendary
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Activity: 1316
Merit: 1004
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October 14, 2020, 05:47:08 AM |
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Any exchange getting hacked in going to make problems so far as reputation is concerned. It was only Binance that I can think of that managed to cover losses from that their users would face after that hack happened and they covered losses with their own funds. Not all exchanges are in a position to do that. The reputation and customer confidence in Kucoin will have dropped a lot no doubt. Although they claimed the funds were insured but till now there is no progress made into this direction. The effected projects are doing this job to make sure to return the funds to the exchange wallet. I also think this will damage the reputation of Kucoin in future. Back then, Binance was able to quickly recover the losses that occurred due to hack I think that's the reason their reputation was intact. I think It will all depend on how quickly KuCoin will act to reimburse the users who lost $$ during the Kucoin hack. They guarantee that they will reimburse the hack funds, did we see any problem already regarding their promise, do people complain about their funds not reimbursed by Kucoin? If they won't reimburse, that, we can say that it will affect their reputation which I doubt they'll allow that to happen. They are definitely going to reimburse, but they need to do that quickly to save their reputation in the crypto industry because you know the more time they take the more time FUDDERS will have to spread FUD (IMO). I have seen so many exchanges got shut down after they suffered a hack hopefully the same will not happen to KuCoin. They are back live 2 days ago. https://www.digitalmarketnews.com/kucoin-resumes-withdrawals-and-deposits-for-btc-eth-and-usdt/And their trading volume seems to be okay at $71 m billion now. https://coinmarketcap.com/exchanges/kucoin/Looks like they are recovering nicely. I remember the old days when the exchanges use to exit scam hiding behind the excuse that they were hacked. Crypto has evolved so much.
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Anarchy101
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Activity: 1316
Merit: 1004
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October 20, 2020, 06:43:47 AM |
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Is anyone still holding their NPXS tokens? The way it's going right now (always down) do you guys have any hope that the price will go up again anytime soon?
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numanoid
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October 20, 2020, 07:51:35 AM |
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Is anyone still holding their NPXS tokens? The way it's going right now (always down) do you guys have any hope that the price will go up again anytime soon?
Me. Bought it when it was at 10 satoshis, thought it would be the lowest price for NPXS, but after months later and now, NPXS sitting at 1 satoshi, which almost called by shit token/dead token
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Anarchy101
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Activity: 1316
Merit: 1004
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October 21, 2020, 05:47:21 AM |
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Is anyone still holding their NPXS tokens? The way it's going right now (always down) do you guys have any hope that the price will go up again anytime soon?
Me. Bought it when it was at 10 satoshis, thought it would be the lowest price for NPXS, but after months later and now, NPXS sitting at 1 satoshi, which almost called by shit token/dead token LOL, I bought this when it was around 20-30 sats and thought the same thing as you that it will not dump any further, and look where we are now lol. I made a few bucks out of their FX airdrop though but not nearly enough.
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JooBra
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October 21, 2020, 11:05:37 AM |
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Is anyone still holding their NPXS tokens? The way it's going right now (always down) do you guys have any hope that the price will go up again anytime soon?
Me. Bought it when it was at 10 satoshis, thought it would be the lowest price for NPXS, but after months later and now, NPXS sitting at 1 satoshi, which almost called by shit token/dead token LOL, I bought this when it was around 20-30 sats and thought the same thing as you that it will not dump any further, and look where we are now lol. I made a few bucks out of their FX airdrop though but not nearly enough. It's sad to hear and to see the price to be so low. I'm sorry for you guys it really looks like dead token. Maybe it will move in near future but it's not real for that to happen.
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Maslate
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October 21, 2020, 12:05:34 PM |
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Is anyone still holding their NPXS tokens? The way it's going right now (always down) do you guys have any hope that the price will go up again anytime soon?
Me. Bought it when it was at 10 satoshis, thought it would be the lowest price for NPXS, but after months later and now, NPXS sitting at 1 satoshi, which almost called by shit token/dead token LOL, I bought this when it was around 20-30 sats and thought the same thing as you that it will not dump any further, and look where we are now lol. I made a few bucks out of their FX airdrop though but not nearly enough. It's sad to hear and to see the price to be so low. I'm sorry for you guys it really looks like dead token. Maybe it will move in near future but it's not real for that to happen. It looks dead for more than a year already, it's been waiting until it will be listed in Binance, the only thing that makes this project attractive now is it's trading volume, other than that, I don't see any reason to buy it anymore. I have invested in this project but I'm close to giving up now.
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BitMaver
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October 21, 2020, 03:28:06 PM |
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Pundi X gets listed on NovaDAX, a leading regulated cryptocurrency exchange platform in Brazil!To celebrate the listing, first 150 users who trade more than 8,000 NPXS will get bonus of 500 NPXS. Additional 210,000 NPXS will be allocated for a surprise awarding campaign if 150 slots are quickly filled.From Oct 21st to Nov 3rd, a trading competition will also be held. Top 3 winner will be rewarded a total of 230,000 NPXS as follows: 1 - 100,000 NPXS 2 - 80,000 NPXS 3 - 50,000 NPXSLearn more: https://medium.com/pundix/new-exchange-listing-npxs-on-novadax-bee4fa8d4fa3.
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Anarchy101
Legendary
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Activity: 1316
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October 22, 2020, 05:33:46 AM |
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Is anyone still holding their NPXS tokens? The way it's going right now (always down) do you guys have any hope that the price will go up again anytime soon?
Me. Bought it when it was at 10 satoshis, thought it would be the lowest price for NPXS, but after months later and now, NPXS sitting at 1 satoshi, which almost called by shit token/dead token LOL, I bought this when it was around 20-30 sats and thought the same thing as you that it will not dump any further, and look where we are now lol. I made a few bucks out of their FX airdrop though but not nearly enough. It's sad to hear and to see the price to be so low. I'm sorry for you guys it really looks like dead token. Maybe it will move in near future but it's not real for that to happen. It looks dead for more than a year already, it's been waiting until it will be listed in Binance, the only thing that makes this project attractive now is it's trading volume, other than that, I don't see any reason to buy it anymore. I have invested in this project but I'm close to giving up now. I have already given up. NPXS has just become one of those useless tokens on your ethereum address that has almost zero value next to it. LOL, even their merchandise store failed to raise the price of NPXS.
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tirthraj
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Activity: 449
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web3 developer | Youtuber
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October 22, 2020, 01:37:00 PM |
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Listed USD / NPXS. what about BTC?
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ecnalubma
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www.Artemis.co
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October 22, 2020, 07:36:43 PM |
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Back in the day I regret selling my NPXS holdings early before it take off, their idea was really good the first blockchain phone was a good concept too but what happened? Though its one of the earliest surviving ICO project but I think the hype is slowly dying.
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JollyGood
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Top Crypto Casino
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October 22, 2020, 07:59:44 PM |
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Their phone and all their other so-called projects have failed, there is nothing going on with them and nobody is talking about - there is no demand for it and there is no need for it. They have taken a lot money from the pot and have been pointless exercises. The management team have failed spectacularly by bringing the project to its knees. The hype surrounding Pundi X died a long time ago, the price has been between 1 and 2 sats for a long time and shows no sign of ever recovering. Back in the day I regret selling my NPXS holdings early before it take off, their idea was really good the first blockchain phone was a good concept too but what happened? Though its one of the earliest surviving ICO project but I think the hype is slowly dying.
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gembira
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October 23, 2020, 01:53:44 AM |
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Back in the day I regret selling my NPXS holdings early before it take off, their idea was really good the first blockchain phone was a good concept too but what happened? Though its one of the earliest surviving ICO project but I think the hype is slowly dying.
This was not their initial idea (phone). They were going to launch POS-termilas over the world which have to accepr crypto. But as I understood they were not able provide this terminal to shops or people just don't need it. And after this they were going to launch phone, and now the same situation with crypto phone... They have only idea, but no implementation.
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tirthraj
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web3 developer | Youtuber
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October 23, 2020, 07:49:36 AM |
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whats better idea still its trading on 1 satoshi.
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Sanitough
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October 23, 2020, 08:02:51 AM |
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whats better idea still its trading on 1 satoshi.
That's the lowest amount for every altcoin I guess, and that is not something to be happy as this token was trading over 100 sats in the past. https://coinmarketcap.com/currencies/pundi-x/Imagine that, 100% and now only holding 1% of that value, would you still be happy and trust them?
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yangongear
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October 24, 2020, 08:55:30 AM |
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whats better idea still its trading on 1 satoshi.
That's the lowest amount for every altcoin I guess, and that is not something to be happy as this token was trading over 100 sats in the past. https://coinmarketcap.com/currencies/pundi-x/Imagine that, 100% and now only holding 1% of that value, would you still be happy and trust them? Because their circulating supply keep increasing time after time, so this is pretty straightforward. If you are a knowledgeable investor then you should know it and sell it at the right time, and then there is no need to judge if they are trustworthy.
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kidbounty
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HELENA
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October 29, 2020, 02:55:37 AM |
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The project has been running for 3 years and now what we have got. is their platform already operating in various countries? I don't think so, they just made a promise, no serious steps to make their platform grow.
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