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Author Topic: UseCoin Scam  (Read 8982 times)
zheratuul
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August 23, 2014, 07:01:27 PM
 #81

I keep seeing ipo and ico. What's the difference?
luckydag
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August 23, 2014, 07:02:38 PM
 #82

too many scam happen on bittrex recently, see: NJA,CLN,USB,ICB,USE,DRKC......etc.  u guys sure Bittrex are not part of these scams. only got fees from these scams.

what a joke
poornamelessme
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August 23, 2014, 07:04:03 PM
 #83

I keep seeing ipo and ico. What's the difference?

None really, just interchangeable terms. Same thing with ICD too.

Just depends on what an exchange or dev decides to call their ipo.
luckydag
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August 23, 2014, 07:04:09 PM
 #84

I keep seeing ipo and ico. What's the difference?

IPO host by coin devs, ICO host by exchange.
Quantumbud
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August 23, 2014, 07:05:49 PM
 #85

Not entirely Bittrex's fault, but they DO bear some responsibility for ICOs they host.

The need to step up to the plate and put an end to this crap.



We did not host this ICO.

Although you did not host it, if you agreed to destroy coins, you shouldn't have listed it until the coins were actually destroyed. Common sense should have told you that there was a danger to having such a large premine sitting out there... and was there any real harm waiting 24-48 hours before listing the coin? Not like c-cex would eat up all of the trading profits going on. They aren't exactly an exchange juggernaut with tons of volume.

Except your time line is all wrong.  We were asked to destroy the pre-mine AFTER the coin was already listed.  No good deed goes unpunished.  In the future we will likely not offer our services in destroying coins so as not to get dragged into these scandals.

Poor innocent little Bittrex.  Collecting fees from scams. 

Maybe if you weren't in such a rush to add every little coin without some proper investigation of what you were getting into people wouldn't "drag you into these scandals".

You involve yourself in them when you list the coins.  No one forces you to add them.




This +1
meandyouknow:)
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August 23, 2014, 07:06:56 PM
 #86

http://s13.postimg.org/nwan0drhz/Capture.png

oн пo-пpeжнeмy в Интepнeтe люди

173.34.203.191  Smiley
SeaSoul (OP)
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August 23, 2014, 07:07:04 PM
 #87

Bittrex will disconnect a coin soon and will tell you good-bye
smackii
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August 23, 2014, 07:08:58 PM
 #88

It is not Bittrex fault, all scam coins started all in C-cex and ends up in Bittrex Roll Eyes
Quantumbud
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August 23, 2014, 07:15:14 PM
 #89

The problem is there is no barrier to overcome to get listed on an exchange,just a few tweets,a few words in IRC etc and you're on.

Devs should need to prove themselves,and be willing to go the extra mile to do so if they want to be listed on a good exchange,there should be some minimum standards in place to filter the crap,it's not a complete solution but it's a start.
saeeds255
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August 23, 2014, 07:15:36 PM
 #90

forget it guys !  Cool

USEMARKET LAUNCH COUNTDOWN: http://bit.ly/1mxLPeA  Grin

   H A R A                [  WHITEPAPER   │   LITEPAPER  ]                H A R A  
Empowering billions through data one byte at a time
TWITTER     GITHUB          REDDIT     FACEBOOK     BITCOINTALKLINKEDIN
Splatters
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August 23, 2014, 07:17:24 PM
 #91

too many scam happen on bittrex recently, see: NJA,CLN,USB,ICB,USE,DRKC......etc.  u guys sure Bittrex are not part of these scams. only got fees from these scams.

what a joke
I'm thinking about it everytime!
Bittrex is involved!

I know why your pray will never be answered!
meandyouknow:)
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August 23, 2014, 07:20:48 PM
 #92

http://s13.postimg.org/nwan0drhz/Capture.png

oн пo-пpeжнeмy в Интepнeтe люди

173.34.203.191  Smiley
saeeds255
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August 23, 2014, 07:21:49 PM
 #93

I'm wondering who is buying it now !  Shocked

   H A R A                [  WHITEPAPER   │   LITEPAPER  ]                H A R A  
Empowering billions through data one byte at a time
TWITTER     GITHUB          REDDIT     FACEBOOK     BITCOINTALKLINKEDIN
dandruff1138
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August 23, 2014, 07:22:44 PM
 #94

Made about 40,000 USD.

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
poornamelessme
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August 23, 2014, 07:24:40 PM
 #95

The problem is there is no barrier to overcome to get listed on an exchange,just a few tweets,a few words in IRC etc and you're on.

Devs should need to prove themselves,and be willing to go the extra mile to do so if they want to be listed on a good exchange,there should be some minimum standards in place to filter the crap,it's not a complete solution but it's a start.
yes there is bribery

Something the major exchanges could do, but expect they won't, is use some sort of minimal standards before listing any ipo/ico/icd coins, even if they didn't run the ipo through an exchange.

It could be something basic, like that pod or coinssource trust rating + code review. If there are lurking premines, the coins won't be listed until the premines are destroyed.

Note that I don't say to do this for every single coin listed, as that would be a lot of manpower, and financially it may not make sense ... as if bittrex doesn't list a new coin, someone else will. But even though there seems to be a lot of ipo coins out there lately, there aren't so many that this isn't feasible. IPO coins naturally hold a higher risk than the standard coin, due to the devs receiving funds upfront. So it's not unreasonable if exchanges hold them to a higher standard.

meandyouknow:)
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August 23, 2014, 07:27:41 PM
 #96

http://s13.postimg.org/nwan0drhz/Capture.png

oн пo-пpeжнeмy в Интepнeтe люди

173.34.203.191  Smiley
Hix
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August 23, 2014, 07:31:09 PM
 #97



oн пo-пpeжнeмy в Интepнeтe люди

173.34.203.191  Smiley

English pls. Ppl don`t understand you)
meandyouknow:)
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August 23, 2014, 07:44:28 PM
 #98

http://s13.postimg.org/nwan0drhz/Capture.png

oн пo-пpeжнeмy в Интepнeтe люди

173.34.203.191  Smiley

English pls. Ppl don`t understand you)
it st`ill onlin`e
Cornett
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August 23, 2014, 07:55:55 PM
 #99

Usemarket community takeover incoming!

http://www.timeanddate.com/countdown/generic?iso=20140824T00&p0=250&fg2=000&msg=UseMarket+Launch&csz=1


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OATH

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dandruff1138
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August 23, 2014, 08:09:39 PM
 #100

There are always community takeovers, it usually only lessens the investors loss by a small percentage.

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(.
.@75 c Stage 2.
)
███     WHITEPAPER      SLACK      ANN THREAD     ███
████     FACEBOOK      TWITTER      TELEGRAM     ████

▬▬▬  JOIN OUR ICO    From Nov 10th, 2017  ▬▬▬
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