"Great thanks that you have self-dtected yourself here. It's very useful case for the rest."
No I was just being honest. I have not hidden anything I did.
"If the value of unsettled bounty stakes, which were already sold, exceeds 100000 TKP, Tokpie has the power to unilaterally settle user’s obligations"
I didn't tell the stakes I was holding in collateral. Most of what I sold was weeks before this. If I had done nothing I would still have over 300k TKP and you would not have zeroed my account. I gained nothing from getting cheap bounty stakes. Look at my transactions yourself. You will see I hardly sold anything. I realized I would not be able to sell them in time to cover the collateral. I was afraid to tell support because I knew this would happen so I waited till distribution hoping you would contact me and settle this.
"imply saying Tokpie protects its users from a "sell and run"
cheating scheme that took place in that case" I didn't cheat and run i left my TKP in my account. If I wanted to cheat I would have sold it or withdrew it and never logged in again. This is the problem with the crypto world. People only see the worst in others because of all the scams. Again... I never sold you can check the transaction. I gained nothing with the stakes I paid for collateral and you acting like I was cheating and selling massive amounts of stakes then running off. Like I said my whole TKP balance was there still. I did not withdraw so I did not run. I did not sell. I know doing this 4 days before distribution is suspicious but that is why I did not withdraw. I would not be able to sell the stakes and then buy them back later in time. I made a mistake buying that many, I should not have bought that many. I also should not have bought them so cheaply and could have reported it but like I say I was afraid you would ban my account or do this so I rather waited to be contacted about it to settle it properly. I don't think tokpie is stupid and I was not about to sell all these stakes and run. I would have if I wanted to but I didn't did I?
"If the value of unsettled bounty stakes, which were already sold, exceeds 100000 TKP, Tokpie has the power to unilaterally settle user’s obligations."
I think I missed this part. I always miss important parts
I did buy back some EFT signature stakes and my collateral was near 100000k After that is was very high because of the cheap stakes I bought which I did not sell. Why mut I pay collateral worth much much more then the amount that I put down? Surely you return the amount I put down and remove the stakes? Why didn't you just do that at the begining. I could then have paid for any stakes I did sell.
"The value of unsettled bounty stakes (just only for EFT bounty) which you have sold out = 426 132 TKP" Correct. This was before I got the cheap collateral. This was for signature stakes which I paid high collateral for and when the price dropped I made a huge profit. I was able to get this down to about 100k by buying cheaper collateral and replacing it. I replaced it with collateral instead of buying the stakes because I was going to take out more colalteral anyway since I was in the bounty and was going to use my stakes to pay that collateral back. That 426 132 TKP I made fair and square and you acting like I cheated. I just sold when the price was high and bought back when it was low but instead of buying back I took more colalteral since I was getting EFT to pay it back. So actually I did settle that 426 132 to about 100k by doing the above. You are not giving the full story and trying to make me look like I owned you that much when that is actually incorrect since I took more collateral out to replace that one. I don't see what the problem is?
"After unilateral settlement the value of unsettled bounty stakes, which you already sold = 113600 TKP."
Exactly and when I bought I bought 200k for 1.4eth then it was 2.7 eth for 100k so 200k is 5.2 eth. I only sold 113600 TKP worth (less then what I bought like I said I didn't sell any of the stakes I bought I sold TKP I already had so how can you say I was selling TKP I got from stakes?) So you actually made 200k-113k = 87k from me.
"The total amount of EFT bounty stakes that you would have to provide to cover your unsettled obligation was 666 353 EFT. That is around $18,324"
This was the cheap stakes I bought and you should have cancelled the ones that I did not sell. You did not have to cancel the ones I sold since I already sold them so I must pay for them. Why must I pay for stakes I didn't sell? Yes they were worth 666 353 EFT. That is around $18,324 and btw saying that makes it sound like I am trying to steal that amount from you. Very misleading and not the whole truth. All I did was hold those stakes and I didnt sell them. So why didn't I just get my collateral back for the unsold ones and then the sold ones I must buy back or pay back in tokens? Why did you make me pay you the full buy price of the tokens when I only put a little bit down. How is it fair if I give you $100 for 1000 stakes and not sell them but then I must buy them back at $1 each so at $1000
Why would I have you $1 for something then buy it back for $100. I paid a certain amount of collateral which you were meant to take back from all unsold stakes but instead you decided to buy them back at full price because you knew you could make a profit and zero my account and then use all this as an excuse and make me sound like a cheater.
Fact is I paid for something I got no benefit from and paid back 100s of times more then what I gave for it.
If I give you $1 for something as collateral but it is worth $10000 and I return it then I get my $1 back I do not have to buy it for $10000 to get back $1. That is what you did to me and you say I am the cheater?
If I had sold all the stakes then it would have been fine to do what you had done.
Please look at wiki how collateral works. If I give you something for collateral then I get it back when I bring it back. The collateral stakes were still there but instead of being cancelled and the collateral returned (as collateral works) You instead bought back the collateral at multiple times more then what I put down.
If I was selling all the collateral I took and then ran I would be cheating yes. I agree 100% but I did not do that. I had plenty of TKP to settle the stakes after you returned my collateral. (you never returned my collateral you made me buy it back at multiple times what I put down) How is that fair? That's not how it works... You are twisting things to make me sound bad.
If that was how it works then I can put down $1 for collateral on a stake and you can make me buy the stake back for $1000000000000000 does that sound right to you? You only meant to buy back stakes you sold and everything else gets returned.
"At the same time you and another you account (yes we know it too) instead of buying back and settle your huge obligations, were withdrawing money"
The obligations seriously?? Yes I decided not to sell the stakes and wait to have my collateral returned. Instead, you bought the stakes instead of returning my collateral. You did this because you could zero my account and have an excuse to do so. Why must I buy back collateral stakes if I still have them and they have not been sold?? Yes indeed that other account is a friend who lives here too. You did the exact same thing to their account. Justifying yourself with nonesense.
"notification email with warning was sent" nope. Only after you helped yourself to my account.
I had about 300-400k (depending on collateral settlement from sold stakes) This is worth over 6eth. You make excuses and blame your customer because your system is broken. You accuse me of cheating when you can clearly see from my transactions that I was not. I did not sell and run. I did not sell more then I put in so please stop making me sound like a thief. I am not the one who zeroes the account you are.
If I got a chance to sell all the stakes then what you did was fine. But you made me buy back everything even unsold stakes instead of returning my colalteral. Now you calling me a cheater.
You blame you customers when you are in the wrong. I do not understand why you could not have just giving me back my collateral for the unsold stakes instead of buying them back and then leaving the sold stakes for me to buy back.
The sad part is that you actually think you right. Why can't you just admit you made a mistake and thank me for not taking advantage of the system? I could have if I wanted to but I didn't did I. Withdrawing 116k worth of TKP when I bough over 200k is not cheating. But you see in the crypto world we only see the worst in people because of scammers.
I'm not sure how you can feel ok with what you did. I believed in TKP and invested early and have always supported them and now this happens.
Maybe you have tons of money running your fancy exchange but for me, that was a lot of money I just lost and really needed. I am tired of this shit in the crypto world.
Yes I made put in 1.5 eth and withdrew 2.5eth this is obvious since I bought TKP 5x less then it is now.
At the end of the day I had 6eth worth of crypto. You forced me to pay back my collateral and multiple times more then what I put down. Like a loan shark or some shit. You made me pay like 50x more then the colateral I owed on unsold stakes instead of taking them back. How can you just do this to someone? Tokpie was such a good idea and now you have to do thisYou don't respect your customers and you didnt even talk to me about this you just did your own thing.
WARNING TOKPIE MADE ME PAY MULTIPLE TIMES MORE THEN THE COLLATERAL I TOOK OUT ON MY UNSOLD STAKES. INSTEAD RETURNING MY COLLATERAL THE DECIDED TO BUY THE STAKES BACK AT FULL PRICE WHICH WAS OVER 50x MORE THEN THE COLLATERAL I PUT DOWN PROOF ABOVEThis is not good for rep. I hope that few hundered $$$ is worth more to you then your rep because a serious company would never do something like this and then still blame the customer.
"PLEASE DO NOT TRY TO BLAME TOKPIE THAT YOUR cheating scheme was stopped on a moment when you didn't expect it."
So much "cheating scheme" was to lose money?? Sounds like a good plan that. Do you think I am that stupid? That makes no sense.
How about your scheme making people pay back more for their collateral then they put down???If you can any decency you would return my funds and apologize but I know you won't. Because you are perfect and never make mistakes and are never wrong. It is always the customer's fault so blame them.
Now I can't even trade on TOKPIE.
