[aeroektar]

(01-28-2018 11:40 AM)Graft Wrote:  

(01-27-2018 01:09 PM)redbeard Wrote:  

(01-15-2018 01:51 PM)Graft Wrote:  

XRB is not worth the risk. It had a great run, but the exchanges are killing it slowly. I have a small fortune of XRB on BitGrail, and I literally can't move my money out of there because it is taking weeks to verify me along with suspended withdrawals. It could pop once it hits Binance, but I'd stay away from the chop-shops that it's currently trading on. Most of the big gains are over.

Terrible advice. This is a symptom of BitGrail, not XRB. KuCoin performance has been stupendous thanks to the exchange devs contributions.

If Raiblocks does a 5x, I'll be set for life. I just don't think it's likely given the node issues, exchange issues, poor marketing, and already high marketcap.

Do you honestly think Raiblocks can 10x to a 25 bil marketcap? If so, what partnerships do you anticipate on it having to get it there over Litecoin, Monero, Stellar.

Node issues have been resolved.

Exchange issues have been resolved (whatever issues may remain are on the exchanges shoulders).

Marketing will obviously ramp up with announcements in February.

The current market cap of 2.5B ranks it at #22 on CMC, its a P2P currency, like BTC. I'm not going to explain to you what it can do, you can do that research yourself and if you had, then you should see the potential.

I'm not saying its not high risk (but what isn't, most projects are vaporware, all claims and speculation), but if things fall into place its an extremely high reward.

The lead engineer at PayPal created https://brainblocks.io and praised XRB https://medium.com/@bluepnume/introducin...5770c06c14

The CEO of Ledger waived the fee to bring XRB to the Ledger Nano S.

Garry Tan, coinbase seed investor, has praised and invested into XRB https://twitter.com/garrytan/status/956932106793336832

None of the projects you mentioned have groundbreaking partnerships, why does that even matter in terms of growth? How about potentially being the best at one thing, the strongest usecase for cryptocurrency, P2P transaction.

[Graft]

(01-28-2018 01:00 PM)aeroektar Wrote:  

(01-28-2018 11:40 AM)Graft Wrote:  

(01-27-2018 01:09 PM)redbeard Wrote:  

(01-15-2018 01:51 PM)Graft Wrote:  

XRB is not worth the risk. It had a great run, but the exchanges are killing it slowly. I have a small fortune of XRB on BitGrail, and I literally can't move my money out of there because it is taking weeks to verify me along with suspended withdrawals. It could pop once it hits Binance, but I'd stay away from the chop-shops that it's currently trading on. Most of the big gains are over.

Terrible advice. This is a symptom of BitGrail, not XRB. KuCoin performance has been stupendous thanks to the exchange devs contributions.

If Raiblocks does a 5x, I'll be set for life. I just don't think it's likely given the node issues, exchange issues, poor marketing, and already high marketcap.

Do you honestly think Raiblocks can 10x to a 25 bil marketcap? If so, what partnerships do you anticipate on it having to get it there over Litecoin, Monero, Stellar.

Node issues have been resolved.

Exchange issues have been resolved (whatever issues may remain are on the exchanges shoulders).

Marketing will obviously ramp up with announcements in February.

The current market cap of 2.5B ranks it at #22 on CMC, its a P2P currency, like BTC. I'm not going to explain to you what it can do, you can do that research yourself and if you had, then you should see the potential.

I'm not saying its not high risk (but what isn't, most projects are vaporware, all claims and speculation), but if things fall into place its an extremely high reward.

The lead engineer at PayPal created https://brainblocks.io and praised XRB https://medium.com/@bluepnume/introducin...5770c06c14

The CEO of Ledger waived the fee to bring XRB to the Ledger Nano S.

Garry Tan, coinbase seed investor, has praised and invested into XRB https://twitter.com/garrytan/status/956932106793336832

None of the projects you mentioned have groundbreaking partnerships, why does that even matter in terms of growth? How about potentially being the best at one thing, the strongest usecase for cryptocurrency, P2P transaction.

This is why i think XRB is in the best position to double short term, with the binance listing, rebrand, and marketing, but counting on it to replace Bitcoin/ETH/Ripple is a long task, many partnerships away.

[SamuelBRoberts]

When is the rebrand?

[Graft]

This coin is too much. Bitgrail, their major exchange, just forced all non-EU users to sell their XRB for BTC and close their account. Raiblocks team hasn't even addressed the situation and XRB took a 33% dump, can't wait to get out of this coin.

[RedPillUK]

I don't know how much of that is Raiblocks fault. It looks like some incredible market manipulation and holding funds hostage by the Bitgrail owner, Francesco Firano.

First they stopped all withdrawals for unverified users (most of them as you only needed verification if you were withdrawing more than 0.5 BTC) with no notice at all! Due to EU regulations which mysteriously haven't hit any other crypto exchange.

So people send in their documents and start getting verified, now he's saying only EU verified members can withdraw at the moment. So all the other people who did get verified but not from the EU, have their funds trapped and are being forced to sell for BTC. Oh and also XRB withdrawals are blocked for everyone including verified EU members so arbitrage is impossible right now. It should work again 'soon'. Lol, what a coincidence, that's why the price has tanked and is like 20% lower on Bitgrail than on Kucoin right now.

It looks like he's trying to accumulate as much BTC/XRB/USD as possible before the Binance listing, in a more elaborate version of an exit scam.

That exchange has always had problems with withdrawals, luckily when I used it in December it was working ok, so I bought the XRB and immediately withdrew it as I didn't want to deal with problems like that. Especially since it's on Kucoin with working deposits and withdrawals.

Raiblocks have been providing updates every day and now every two days, I think they will address this today.

[Graft]

(01-30-2018 11:16 AM)RedPillUK Wrote:  

I don't know how much of that is Raiblocks fault. It looks like some incredible market manipulation and holding funds hostage by the Bitgrail owner, Francesco Firano.

First they stopped all withdrawals for unverified users (most of them as you only needed verification if you were withdrawing more than 0.5 BTC) with no notice at all! Due to EU regulations which mysteriously haven't hit any other crypto exchange.

So people send in their documents and start getting verified, now he's saying only EU verified members can withdraw at the moment. So all the other people who did get verified but not from the EU, have their funds trapped and are being forced to sell for BTC. Oh and also XRB withdrawals are blocked for everyone including verified EU members so arbitrage is impossible right now. It should work again 'soon'. Lol, what a coincidence, that's why the price has tanked and is like 20% lower on Bitgrail than on Kucoin right now.

It looks like he's trying to accumulate as much BTC/XRB/USD as possible before the Binance listing, in a more elaborate version of an exit scam.

That exchange has always had problems with withdrawals, luckily when I used it in December it was working ok, so I bought the XRB and immediately withdrew it as I didn't want to deal with problems like that. Especially since it's on Kucoin with working deposits and withdrawals.

Raiblocks have been providing updates every day and now every two days, I think they will address this today.

Raiblocks chose three garbage exchanges to host their product instead of developing their own or waiting for something reputable. They clearly have node/exchange integration issues, no statement from the team regarding the whole Bitgrail fiasco. The coin is probably a good buy right now because sentiments are so low and so many people are fed up.

[Malone]

I am very glad I dumped my XRB a while back. Just sad that I didn't do it when it was $35 or whatever. Still made a profit, but still.

[RedPillUK]

Three garbage exchanges? What's the third one? Mercatox is bad and expensive Kucoin is one of the best. Bit-Z seems ok, the others are bad. That's a problem with most coins.

I sold a lot at 19 last night and bought back in today. Only people stupid enough to leave their funds on BITGRAIL of all places got fucked, I'm glad. This is a great day.

It's just as fast and feeless as it was last night so I'm not bothered by this. It might not reach the $37 ATH again but I think it will rise to at least $20 again. Good buying opportunity.

[SamuelBRoberts]

Was the majority of trading on shitgrail as opposed to Kucoin even after it opened at kucoin?

Kinda says wash trading to me...

[RedPillUK]

Hmm what do you mean exactly SBR?

I think it was split about 50/50 some days the price was higher on Kucoin, other days Bitgrail. I think a lot of arbitrage trading was happening.

[SamuelBRoberts]

There were rumors I heard that Raiblocks rise was fueled by some serious wash trading on the shitty exchange it was located on, which looking back would've been bitgrail.

I don't know if they're true or not, because I never paid much attention to raiblocks, but I remember hearing it and it strikes me as strange that most people wouldn't have moved to Kucoin, which is a much more legitimate exchange.

Don't know if it means anything though.

[Giacomo Casanova]

We have mentioned in several occasions to be careful since RaiBlocks was going up without solid fundamentals and with very low (and maybe fictitious) volumes. This BitGrail drama is only a consequence of using shitty exchanges that allow the coin value to grow faster. The growth wasn't sane.
If for example you analyze the growth on January of VeChain, it was completely different and led by high volumes on big exchanges.

[RedPillUK]

I guess I don't know exactly what you mean by wash trading, as in buying and selling to manipulate the price? There were a lot of rumours of that, but wash trading to avoid taxes? That's hard to say.

Giacaoma, the growth was maybe insane, but that's because it was based on real excitement, not just trying to make huge instant gains. There is very little marketing, it was mainly all spread through word of mouth. The reddit shills are very similiar to the people who were originally interested in Bitcoin. They're impressed with the technology, this coin is fast and feeless and they believe in it as a currency.

Also, the bitgrail drama is already over. The price is back up to $17 dollars on Kucoin. That's all it was, Bitgrail drama, it wont stop this already top 25 coin. If the team behind this coin keep working hard, it could become a top ten coin quite soon.

Vechain and other projects are trying to be more than a currency and have a slower growth and a different kind of hype around them. It's a great idea to stop counterfeiting products, but people won't be as excited about that as a coin that actually does what bitcoin set out to do, but better.

It's really entertaining reading r/raitrade r/raiblocks and r/bitgrailexchange right now. The amount of people who put way too much money on a shitty exchange and then panic sold at a loss, only to see the price rise a few hours later, is crazy and eye opening.

Check this out

Quote:

"I have been waiting a month to get verified because i know how dangerous it is to keep money on an exchange and I could only move fractions a day. I had over $200k with you. You then execute one of the biggest actions ever taken against users by an exchange outside of Mt. Gox taking everyone's funds by forcing me (and thousands of others) to sell all our xrb for a massive discount, sustaining large losses and pay YOU double the BTC withdraw fee(explain why it was suddenly double by the way)..... then literally hours later you change the whole procedure saying non-EU people can get verified and once again withdraw..... you have got to be kidding me, how was this not thought out more?
The only way i will believe this was just an honest mistake is if you can do something really cool; and that would be reactivating my account and reversing my sale so I can withdraw my XRB. You already have my verification documents. Respond to this message or DM me and i will give you whatever you need. "

Who the hell would send 200k to a ghetto exchange like Bitgrail? Never heard of 'dont invest more than what you can lose'? Looking at those subs, its a common story, 90% of posts are people who were stupid enough to leave XRB with bitgrail and not just a little bit either. It's really just unbelievable.

When the crypto bubble bursts there really are going to be a bunch of retards who lose millions.

[kbell]

When is this coming on to Binance?

[SamuelBRoberts]

Binance doesn't announce that shit.

[RedPillUK]

Check out this guy from r/bitgrailexchange

Quote:

I invested in XRB early on and kept it on the exchange due to lack of offline/paper wallet. [What a lame excuse, there was an online wallet, and I think the offline wallet came out late December/early Jan] Price blew up and by that time it was too late: the verification delays, XRB withdrawal problems and low withdrawal limit (on the rare days when it did actually work) kept my funds trapped. [More silly excuses, apart from a week or two you could withdraw 0.5 BTC all through Jan.]

As it stands, I am a level 3 verified extra-EU user that Bitgrail support is unwilling to increase the 10 BTC/day limit for level 3 users [holy shit he is saying he has more 140 BTC worth of XRB on there.. Over 1.4 million dollars. I'm starting to see where his problem was...], despite all of my documents being totally arbitrary.

Question 1: Will Bitgrail increase this limit for level 3 users, allowing them to withdraw their funds?

Question 2: Will Bitgrail allow these users to terminate their accounts and receive payout AS XRB, NOT as BTC?

There is no way in hell that Bitgrail is going to be liquidating my XRB on their exchange. It would crash the price and I would receive a fraction of the value as BTC. I have been in contact with an Italian legal firm and will be pursuing legal actions if the answer to neither of these questions is "yes". There is enough money at stake to where a full civil trial would be financially justified.

Even though this guy probably did not put 1.5 million on the exchange, he likely bought early on and saw his money 20x. That's still a shit load of money you shouldn't be fucking around with putting on Bitgrail. If you can afford to risk that much, once it turns into 1.5 mil, you might want to think about withdrawing some onto a secure wallet or even better, cashing out. What in the fuck is going through these guys minds? I always thought I was extremely risky. Clearly I'm not in comparison to these mad men.

[Graft]

(01-30-2018 09:58 PM)RedPillUK Wrote:  

Check out this guy from r/bitgrailexchange

Quote:

I invested in XRB early on and kept it on the exchange due to lack of offline/paper wallet. [What a lame excuse, there was an online wallet, and I think the offline wallet came out late December/early Jan] Price blew up and by that time it was too late: the verification delays, XRB withdrawal problems and low withdrawal limit (on the rare days when it did actually work) kept my funds trapped. [More silly excuses, apart from a week or two you could withdraw 0.5 BTC all through Jan.]

As it stands, I am a level 3 verified extra-EU user that Bitgrail support is unwilling to increase the 10 BTC/day limit for level 3 users [holy shit he is saying he has more 140 BTC worth of XRB on there.. Over 1.4 million dollars. I'm starting to see where his problem was...], despite all of my documents being totally arbitrary.

Question 1: Will Bitgrail increase this limit for level 3 users, allowing them to withdraw their funds?

Question 2: Will Bitgrail allow these users to terminate their accounts and receive payout AS XRB, NOT as BTC?

There is no way in hell that Bitgrail is going to be liquidating my XRB on their exchange. It would crash the price and I would receive a fraction of the value as BTC. I have been in contact with an Italian legal firm and will be pursuing legal actions if the answer to neither of these questions is "yes". There is enough money at stake to where a full civil trial would be financially justified.

Even though this guy probably did not put 1.5 million on the exchange, he likely bought early on and saw his money 20x. That's still a shit load of money you shouldn't be fucking around with putting on Bitgrail. If you can afford to risk that much, once it turns into 1.5 mil, you might want to think about withdrawing some onto a secure wallet or even better, cashing out. What in the fuck is going through these guys minds? I always thought I was extremely risky. Clearly I'm not in comparison to these mad men.

I saw that, but I ran into a similar problem as well. The .5 BTC per day was not enough to cover me, plus they only enabled withdrawals for a couple of days. Submitted verification in late December. There was nothing I could do, save for not buying the coin or dealing with Mercatox's withdrawals being down for weeks.

[whiteknightrises]

Guys.

Get all your cryptos off exchanges and web wallets ASAP.

Paper wallets, hardware wallets, desktop wallets, etc.

If not, here are the kinds of things you can look forward to

- Mt. Gox
- Bitfinex
- Coincheck
- https://en.bitcoin.it/wiki/Instawallet (Bitcoin web wallet that a friend used to use - might've been some single digit-priced BTC in there)

and much more

[True Balla]

(01-30-2018 02:48 PM)RedPillUK Wrote:  

Three garbage exchanges? What's the third one? Mercatox is bad and expensive Kucoin is one of the best. Bit-Z seems ok, the others are bad. That's a problem with most coins.

I sold a lot at 19 last night and bought back in today. Only people stupid enough to leave their funds on BITGRAIL of all places got fucked, I'm glad. This is a great day.

It's just as fast and feeless as it was last night so I'm not bothered by this. It might not reach the $37 ATH again but I think it will rise to at least $20 again. Good buying opportunity.

BitGrail developer Bomber was one of the first to take initiative and actually figure out how to get XRB onto the exchange. It wasn't easy so all the exchanges they listed onto initially were small. After that it exploded, and those exchanges couldn't handle the volume. Nobody saw the meteoric rise coming.

(01-30-2018 02:50 PM)SamuelBRoberts Wrote:  

Was the majority of trading on shitgrail as opposed to Kucoin even after it opened at kucoin?

Kinda says wash trading to me...

When Kucoin opened it had like 20% volume day 1, 30%, and by end of week 1 it was almost about 40%. Its been slowly going up.

(01-30-2018 09:58 PM)RedPillUK Wrote:  

Check out this guy from r/bitgrailexchange

Quote:

I invested in XRB early on and kept it on the exchange due to lack of offline/paper wallet. [What a lame excuse, there was an online wallet, and I think the offline wallet came out late December/early Jan] Price blew up and by that time it was too late: the verification delays, XRB withdrawal problems and low withdrawal limit (on the rare days when it did actually work) kept my funds trapped. [More silly excuses, apart from a week or two you could withdraw 0.5 BTC all through Jan.]

As it stands, I am a level 3 verified extra-EU user that Bitgrail support is unwilling to increase the 10 BTC/day limit for level 3 users [holy shit he is saying he has more 140 BTC worth of XRB on there.. Over 1.4 million dollars. I'm starting to see where his problem was...], despite all of my documents being totally arbitrary.

Question 1: Will Bitgrail increase this limit for level 3 users, allowing them to withdraw their funds?

Question 2: Will Bitgrail allow these users to terminate their accounts and receive payout AS XRB, NOT as BTC?

There is no way in hell that Bitgrail is going to be liquidating my XRB on their exchange. It would crash the price and I would receive a fraction of the value as BTC. I have been in contact with an Italian legal firm and will be pursuing legal actions if the answer to neither of these questions is "yes". There is enough money at stake to where a full civil trial would be financially justified.

Even though this guy probably did not put 1.5 million on the exchange, he likely bought early on and saw his money 20x. That's still a shit load of money you shouldn't be fucking around with putting on Bitgrail. If you can afford to risk that much, once it turns into 1.5 mil, you might want to think about withdrawing some onto a secure wallet or even better, cashing out. What in the fuck is going through these guys minds? I always thought I was extremely risky. Clearly I'm not in comparison to these mad men.

I invested and couldn't take out more than .5btc a day. Still got some left on there cuz of the withdrawal limit

[Heightcel]

Great time to buy tbh, bitgrail has made this coin seem like cancer, but once its fixed it will moon again, also with binance listing and raiexchange, im still hodling from since i opened this thread

[Jean Gabin]

I'm an XRB marine, sorry Nano marine from now on.

[RedPillUK]

The rebrand to Nano just happened today, probably explains the big jump in price.

https://medium.com/@nanocurrency/nano-re...01528a7b76

[whiteknightrises]

Dump first then to the moon

New site legit:

http://nano.org/en

+ look at the chick doing their business development



Even tho her name is George and she's probably secretly a dude, they just need to slap her tits on every post and we're good

[RedPillUK]

I'm just realising that scammer at Bitgrail probably knew the rebrand was happening today. He tanked the price, got loads of XRB at a cheap price, it went as low as 10 dollars, and now he's laughing as the price is around $20.

[gringoed]

Today's a big day for Nano and I think the beginning of a long uptrend.

-Rebrand is official
-New website launched (nano.org)
-New professional promo video
-Dedicated exchange launched (nanex.co)
-New beta wallets released

We're on our way to Nano being an exchange pair just like BTC and ETH, although Nano will be a far more useful tool for traders due to its speed and no fees.

People are cutting ties with Bitgrail (good riddance!) and Binance listing should be very soon as it's already long overdue waiting for the rebrand. New wallets including mobile wallet are released in beta and will be done soon as well. Mobile wallets will allow instant transfers of Nano between friends and between customers and merchants.

Hard not to feel good about all the ways this coin can change the crypto scene.