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mikelitoris
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May 03, 2015, 09:42:56 AM |
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lol peeps get pretty emotional about their crypto coins
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6561742061206469636b
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andrew007
Newbie
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Activity: 24
Merit: 0
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May 03, 2015, 09:49:46 AM |
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Development takes time and this is what people don't like. They want instant development/ results which they then think will give them instant profits. When this doesn't happen and it makes them very angry and they do what they do best FUD.
The Bitstake team just need to keep doing what they have been doing the past couple of months and that's working hard.
I think when the Bistake exchange opens this is the games changer.
@ Bitstake, let's get this exchange up and running, get it online as soon as you feel it's ready and let's get Nigerian people using it, saving them money on fees. (This is the aim) Bitstake will then really begin to grow. It's all about the exchange for Nigerians to save money.
It's not at all clear why XBS (as a crypto) is even needed for this 'business'!! I understand the idea behind XBS. If the platform only BTC would offer, the company depends on the Bitcoin. XBS is the home currency. Imagine if Bitcoin suddenly collapses then the company can still continue with her own home currency in this case XBS. In short, XBS is not to be dependent on other coins. |
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blackfan73
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May 03, 2015, 09:59:52 AM |
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Development takes time and this is what people don't like. They want instant development/ results which they then think will give them instant profits. When this doesn't happen and it makes them very angry and they do what they do best FUD.
The Bitstake team just need to keep doing what they have been doing the past couple of months and that's working hard.
I think when the Bistake exchange opens this is the games changer.
@ Bitstake, let's get this exchange up and running, get it online as soon as you feel it's ready and let's get Nigerian people using it, saving them money on fees. (This is the aim) Bitstake will then really begin to grow. It's all about the exchange for Nigerians to save money.
For goodness sake! Go back and read through my posts above. It's not at all clear why XBS (as a crypto) is even needed for this 'business'!! It's not at all clear who the dev is or who all these other people are!! It's not at all clear how the remittance processes will even work on the 'platform'!! Getting the exchange working is of such minor importance. Getting clarity that this is real and not all just a façade is 1000 times more important before anyone should put one satoshi towards this!! Wake up to yourself!! (or just stay asleep and claim "oh he's just fudding".....I honestly don't know why I'm bothering) You savior of people, you're doing everything to save their money and they do not listen to you, so leave them alone, or advise them better investment than the XBS, investments which will be fully transparent and clean. Because the crypto world is one giant scam.Or not? |
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andrew007
Newbie
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Activity: 24
Merit: 0
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May 03, 2015, 10:03:53 AM |
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Development takes time and this is what people don't like. They want instant development/ results which they then think will give them instant profits. When this doesn't happen and it makes them very angry and they do what they do best FUD.
The Bitstake team just need to keep doing what they have been doing the past couple of months and that's working hard.
I think when the Bistake exchange opens this is the games changer.
@ Bitstake, let's get this exchange up and running, get it online as soon as you feel it's ready and let's get Nigerian people using it, saving them money on fees. (This is the aim) Bitstake will then really begin to grow. It's all about the exchange for Nigerians to save money.
It's not at all clear who the dev is or who all these other people are!! Getting clarity that this is real and not all just a façade is 1000 times more important before anyone should put one satoshi towards this!! Everyone thinks Bitstake is a Dev. Bitstake has always said to be no Dev. From the beginning, they indicated that XBS is part of their business which they are setting up. They find the price now is not important. They are busy setting up the company Bitstake. Bistake has never been promote someone to buy XBS. They have always said, this you must know yourself. For the company Bitstake is not important to show us they are, because we are traders and not their target. Their target group are Negerianen using their platform. In short, XBS is a home currency on the Bitstake platform. They want set up a kind of western union for Negerianen (because the market there is huge) and focus on this group. Of course you can buy XBS and (possibly) profit from gain. But that's up to you whether you want this, you can participate. Investing in XBS is a risk, as in all other coins. Only Bistake has so far delivered what has been announced, and the prospect of Bitstake are positive. It's up to you to decide whether you have the courage or guts to buy XBS. Again, XBS is a risk just like any other coin. Watch the story of Bitstake and prospects, and decide for yourself whether you worth the risk to invest (I do). It is very unfortunate that everyone would like to have 100% warranty. That's the same when you go to a casino, put your money in and require the casino manager you must win. |
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andrew007
Newbie
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Activity: 24
Merit: 0
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May 03, 2015, 10:22:00 AM |
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RenegadeMan, I understand you very well. I just think you do not understand what stage bitstake now. Bistake is still in its early stages.
Some questions that you are asking, they might still have to encounter. It is difficult to answer you question.
They have just begun, have already pretty much delivered as promised (this is not typical behavior scam as we have often seen in others). It does not make sense at this stage to answer your questions. I have them too, very much. But understand that Bistake is still in early stages. Just as Bitcoin then. When Bitcoin suddenly became a success, most were too late. I'm not saying this will happen to XBS, but there's a chance. And people are now investing in this chance (i do too). Although there are many questions.
Alt coin Investing is a risk. Risk of losing is great, but if you win ..
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newdev12
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May 03, 2015, 10:59:00 AM |
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RenegadeMan, I understand you very well. I just think you do not understand what stage bitstake now. Bistake is still in its early stages.
Some questions that you are asking, they might still have to encounter. It is difficult to answer you question.
They have just begun, have already pretty much delivered as promised (this is not typical behavior scam as we have often seen in others). It does not make sense at this stage to answer your questions. I have them too, very much. But understand that Bistake is still in early stages. Just as Bitcoin then. When Bitcoin suddenly became a success, most were too late. I'm not saying this will happen to XBS, but there's a chance. And people are now investing in this chance (i do too). Although there are many questions.
Alt coin Investing is a risk. Risk of losing is great, but if you win ..
Okay. I don't think the similarities to Bitcoin's development are evident; the situation's completely different. Good luck Why are you even bothering? Your posts are just too long winded. Chill. You are not worried, investors conduct their own research they don't listen to anyone on here unless they are very new to trading cryptos. There are lot of us who believe in Bitstake and what it's trying to do as a platform and a company venture so with your posts your not going to change our minds. You have put your points across quite enough now so I think people get the point. I couldn't care about transparency at this point, maybe if Bitstake were turning over millions of $ through their services then yes, but at this moment it's not an issue, getting the services online and Nigerians using the platform is the main issue. Don't forget about remittence. Nigerians will flock to this so they can save money. It's all about saving money. |
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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May 03, 2015, 03:58:25 PM |
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waiting New wallet monday  |
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acamp
Newbie
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Activity: 16
Merit: 0
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May 03, 2015, 04:27:01 PM |
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The price is 'unimportant' (supposedly...I don't actually believe it for a second as they'll be major coin holders too) because XBS is not tethered to their 'business' i.e. their business model is not dependent on XBS and (again supposedly with what's been presented) XBS is not dependent on their business either.
So what is it that will make XBS rise?
Has anyone really considered this? DrMike, with all your extensive research?
XBS, doesn't appear to be a fundamental component in the operation of the platform. At best, as you've suggested, it may provide a backup currency. But it's not like it's the 'stock' or the equity of the business. If the business is real and genuinely starts servicing Nigerian customers wanting to remit funds, it sounds like XBS isn't really necessary. So it's really just a 'brand-name' (albeit not yet well known) crypto that's been released by Bitstake as an adjunct to their main service - funds remittance for Nigerians via mobile phone using Bitcoin.
If someone can correct me on this I'd be pleased, but at the moment I can't see how XBS is going to achieve massive gains because it isn't a dividend paying share and isn't fundamentally necessary.
XBS is POS, BTC is POW. One of there services is an interest bearing account, so they can save and hold some coins while getting more staked. The lending platform will also be using XBS for all kinds of loan types, and again, staking coins over the length of the loan period can help with easier repayment of the loan or make low % interest loans. And since the exchange hasnt even opened yet, yeah the price doesnt matter. Right now its speculative...its a start-up. |
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Kimowa
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May 03, 2015, 04:34:36 PM |
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Development takes time and this is what people don't like. They want instant development/ results which they then think will give them instant profits. When this doesn't happen and it makes them very angry and they do what they do best FUD.
The Bitstake team just need to keep doing what they have been doing the past couple of months and that's working hard.
I think when the Bistake exchange opens this is the games changer.
@ Bitstake, let's get this exchange up and running, get it online as soon as you feel it's ready and let's get Nigerian people using it, saving them money on fees. (This is the aim) Bitstake will then really begin to grow. It's all about the exchange for Nigerians to save money.
For goodness sake! Go back and read through my posts above. It's not at all clear why XBS (as a crypto) is even needed for this 'business'!! It's not at all clear who the dev is or who all these other people are!! It's not at all clear how the remittance processes will even work on the 'platform'!! Getting the exchange working is of such minor importance. Getting clarity that this is real and not all just a façade is 1000 times more important before anyone should put one satoshi towards this!! Wake up to yourself!! (or just stay asleep and claim "oh he's just fudding".....I honestly don't know why I'm bothering) it clear that you not even used website bitstake is for peer to peer lending and staking bitcoin cannot do dont be mad actually singup for an account to understand |
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DrMikefromHashtag
Member
Offline
Activity: 98
Merit: 10
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May 03, 2015, 05:19:14 PM |
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Guys, This why I do not argue with these people anymore.They do this not just here, but real life. I never talk politics etheir. The west is producing too many low information, idiots. They have zero idea how BISTAKE's platform works. All they do is look at the Op page, webpage, the Bittrex price, and twitter. Zero thought goes into business model. Guys like Renegade are actually good for XBS. All publicity is good. He is our biggest advertiser. Thanks to his efforts, the coins has better distribution. Too many people were in at below 6K without any knowledges of Bitstake's plan, because that information was not available at that time. They were just gambling. Now most of those big holders are out and replaced by people that actually view XBS as an investment. Let the fools sell and buy cheaper. We are going to teach them a lesson by getting RICH. They will be same as the people that you still hear saying "Dang, I sold BTC at 5 cents  " Thanks
Dr Mike
PM me
or
Follow me on Twitter:
Doctor Mike
@DrMikesCoinTeam |
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leetcoiner
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May 03, 2015, 05:42:59 PM |
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just dump all xbs's from noobies to 15 - 10k back again
i'm waiting! You have my buy orders there!
kiss kiss
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Bitstake (OP)
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May 03, 2015, 06:01:11 PM |
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For goodness sake!
Go back and read through my posts above.
It's not at all clear why XBS (as a crypto) is even needed for this 'business'!!
It's not at all clear who the dev is or who all these other people are!!
It's not at all clear how the remittance processes will even work on the 'platform'!!
Getting the exchange working is of such minor importance.
Getting clarity that this is real and not all just a façade is 1000 times more important before anyone should put one satoshi towards this!!
Wake up to yourself!!
I can't even comprehend the level of reasoning of this forum users. Bitstake is a startup that is planing to offers digital currency services to Nigerians. XBS is a coin created by bitstake and it's exclusively available for use on the platform for staking, storage in the wallet, lending and trading with Nigeria local currency. There are lots of bitcoin companies and digital currency without any known individuals behind them. Everything you need to know about the bitstake team is already available to you, The name. The only connection Bitstake has to users here is the XBS, the coin. None of you will use us to transact money because the services is only for Nigerians and due to foreign laws only Nigerians will be allow to have a verified account with the options of Naira deposit. |
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Kimowa
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May 03, 2015, 06:07:23 PM |
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ill make it very easy to check legitmate project step 1 go here: https://bitstake.infostep 2 signup on bitstake step 3 test staking or lending feature with xbs if no trust step 4 does it work? the answer is yes, but check for yourself with 1 xbs if you think scam renegademan say alot of words but him not knowing how xbs works on the platform shows he hasnt even signup up because it to obvious |
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Bitstake (OP)
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May 03, 2015, 06:12:42 PM |
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To all people screaming scam and that the platform is not real, you are bunch if idiots and racist.
What Bitstake is planing to offer is not currently offered on any bitcoin platform. Bitstake will allow bank deposit, does that not confirm that the people behind it are real ? What alt coin dev offers bank deposit for their coin trading?
A lot of money and time has gone into making Bitstake what it is today. XBS is still on the platform because of the support from early bitstake supporters on the forum.
If bittrex delist XBS, the trading will still continue because there's a trading platform on Bitstake and Nigerians will still be able to buy and sell XBS. This case doesn't apply to all coins out there they all depends on Bitcoin.
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kliown
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May 03, 2015, 06:25:40 PM |
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Bitstake (OP)
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May 03, 2015, 06:26:34 PM
Last edit: May 03, 2015, 06:40:46 PM by Bitstake |
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If Bitstake is a scam,
We will not have created XBS without presale and premine. Even majority of startup backed by VC with millions in funding had premine and presale.
We will not have spent the last 4 months working developing this project, without any community donations.
We will not have locked out foreigners from depositing XBS into the trading because there's no way to cash out into a Nigerian bank.
We will not have released thousands of XBS and blackcoin locked in the multi stake during the time out caused by bug.
We will not have any explosure on Nigerians blogs and newspaper and other bitcoin newsite.
We will not have delayed the launch because we needed more time improving the site and adding new features.
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Bitstake (OP)
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May 03, 2015, 06:34:19 PM |
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If you think there's a much better coin out there that has what Bitcoin and Ripple has, a direct account funding through fiat deposit. Sell your XBS
If you think there's a coin out there that's created for wide community adoption with integrations of services that people used in their everyday activities. Sell your XBS
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Kimowa
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May 03, 2015, 06:37:53 PM |
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all bitstake ever did was deliver they never ask a penny from community sometime i think crypto doom because even when someone does all right everyone say it all wrong but then i realise there is some good project
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xamido
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May 03, 2015, 07:03:27 PM |
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I'm gonna start buying in. If this is a scam, the dev would have left after the intense fud. Since they are still here and busy at work, they have regain my trust again.
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Bitstake (OP)
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May 03, 2015, 07:05:59 PM |
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I said price of XBS doesn't matter a lot but people don't understand. I realized that majority of you are trading coins because of how bitcoin went from a penny to thousands of dollars but this doesn't happen overnight, it happened because a lot of money flowed into bitcoin. People were buying it which increases the price due to demands.
Our focus like we always said it about community adoption which can't happen from the community here. Nigerians can make that happened even $100 order from every users that registered on Bitsake can affect the price of XBS overnight if we were to launched right now.
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