Author Topic: Is it possible that some exhanges was not informed about the bts snapshot?  (Read 9251 times)

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Offline Spectral

I think that  the follow my vote guys gave a presentation for them a while back. I think it is up on their website(FMV).

Yes, the Norwegian Pirate Party invited Adam to speak at the national assembly in March this year. We discuss it here on our blog. It underlined how cryptolibertarians and pirates actually have a lot in common.
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Offline lafona

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I think that  the follow my vote guys gave a presentation for them a while back. I think it is up on their website(FMV).
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Offline Spectral

it was not sarcasm! I really like they way you analyzed the situation. I consider you as a very smart person. (I mean that)

Wow, that is a very nice thing to say. Thank you :D

The reason I thought it was sarcasm, is that "politician" is often used as a negative label (Even within the Pirate Party). For example, the Pirate Party founder, swedish Rick Falkvinge, always used to open his presentations stating (jokingly) that he is ashamed to admit that he is a politician. Nowadays, Rick is more into cryptocurrencies and liberty, e.g. BitNation. Maybe we should try to get him involved in BitShares :)
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Offline liondani

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Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above
are you a politician?  :)

I get the sarcasm, but I have in fact dabbled in politics (Pirate Party). That's the party for people that are generally unwilling to be politicians, but feel a strong sense of duty to "save the world" from the NSA and Internet Censorship.

On a different note, it is sometimes difficult or impossible to know what the truth is, and ironically presenting two partially conflicting options was perhaps an acknowledgement of the fact. In the end, it may not be critical to the outcome.

it was not sarcasm! I really like they way you analyzed the situation. I consider you as a very smart person. (I mean that)



Offline Spectral

Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above
are you a politician?  :)

I get the sarcasm, but I have in fact dabbled in politics (Pirate Party). That's the party for people that are generally unwilling to be politicians, but feel a strong sense of duty to "save the world" from the NSA and Internet Censorship.

On a different note, it is sometimes difficult or impossible to know what the truth is, and ironically presenting two partially conflicting options was perhaps an acknowledgement of the fact. In the end, it may not be critical to the outcome.
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Offline liondani

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Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above

are you a politician?  :)

Offline kenCode

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How can everyone be so unaware of BTS.

Not sure, but @svk does Gliss (or anyone) at CMC know that our assets are still unlisted? We are dropping fast at CoinMarketCap, we are almost in last place now:
 
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Offline taoljj

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I did not contact that particular exchange individually.   

We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.

Delegate  statistics

Total earnings:44,516.90 BTS
Withdrawn earnings:8,114.90 BTS
Total fees paid:531.90 BTS
Balance:36,402.00 BTS

I have import the keys to BTS2,how to withdraw the balance in bts2?Thanks
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Offline coiner

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That is bullshit. Crypto is less and less the wild west. This is not 2012 anymore. We see people being made responsible of their acts more and more. Justice slow like a snail, right but there is people watching.

Bittrex could have a bucket shop? We will see in some hours if they are serious and honest or not.

I will open a FINCEN complain and post in all crypto subreddits if i don't get my money very soon.

I am DAMN tired of SCAMS.
Enough scams, they are hurting all of us.

@coiner you have lost the time of many here and in whatever crappy exchange you decide to transfer to, few hour before the snapshot.

How about I give 10 times, your potential but never occurring  loss, for just stopping the crying?

bts account please!

Sure why not, i will give it you back when they pay what they have to.
/PM
« Last Edit: October 15, 2015, 01:39:46 am by coiner »

Offline Spectral

Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above
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Offline tonyk

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That is bullshit. Crypto is less and less the wild west. This is not 2012 anymore. We see people being made responsible of their acts more and more. Justice slow like a snail, right but there is people watching.

Bittrex could have a bucket shop? We will see in some hours if they are serious and honest or not.

I will open a FINCEN complain and post in all crypto subreddits if i don't get my money very soon.

I am DAMN tired of SCAMS.
Enough scams, they are hurting all of us.

@coiner you have lost the time of many here and in whatever crappy exchange you decide to transfer to, few hour before the snapshot.

How about I give 10 times, your potential but never occurring  loss, for just stopping the crying?

bts account please!
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline coiner

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Financial Crimes Enforcement Network
https://en.wikipedia.org/wiki/Financial_Crimes_Enforcement_Network

Virtual Currencies
In July 2011, FinCEN added “other value that substitutes for currency” to its definition of money services businesses in preparation to adapt the respective rule to virtual currencies.[6] On March 18, 2013 FinCEN issued an interpretive guidance regarding virtual currencies,[7] according to which, exchangers and administrators, but not users of convertible virtual currency are considered money transmitters, and must comply with rules to prevent money laundering/terrorist financing ("AML/CFT") and other forms of financial crime, by record-keeping, reporting and registering with FinCEN. Jennifer Shasky Calvery, director of FinCEN said, “Virtual currencies are subject to the same rules as other currencies. … Basic money services business rules apply here.”[8]

At a November 2013 Senate hearing Calvery stated, "It is in the best interest of virtual currency providers to comply with these regulations for a number of reasons. First is the idea of corporate responsibility," contrasting Bitcoin's understanding of a peer to peer system bypassing corporate financial institutions. She stated that FinCEN collaborates with the Federal Financial Institutions Examination Council, a congressionally-chartered forum called the "Bank Secrecy Act (BSA) Advisory Group" and BSA Working Group to review and discuss new regulations and guidance, with the FBI-led "Virtual Currency Emerging Threats Working Group" (VCET) formed in early 2012, the FDIC-led "Cyber Fraud Working Group", the Terrorist Financing & Financial Crimes-led "Treasury Cyber Working Group", and with a community of other financial intelligence units.[1] According to the Department of Justice VCET members represent the FBI, the Drug Enforcement Administration, multiple U.S. Attorney’s Offices, and the Criminal Division’s Asset Forfeiture and Money Laundering Section and Computer Crime and Intellectual Property Section.[9]

I give them 24 hours. If not i am going to ask these people why i get a 25% devaluation of an asset by some exchanges when my funds ARE LOCKED without any reason. Holy fucking shit i could just be a grandfather interested on this after reading forbes. ENOUGH SCAMS. How many dissapearing exchanges since 2012? 15 already? Incredibly ultra iliquid market being dumped by 25% while 2 of the exchanges BTER and BITTREX hold/lock coins, remove the market.



« Last Edit: October 15, 2015, 01:19:51 am by coiner »

Offline coiner

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That is bullshit. Crypto is less and less the wild west. This is not 2012 anymore. We see people being made responsible of their acts more and more. Justice slow like a snail, right but there is people watching, consequences just happen months or years later but do happen.

Bittrex could have a bucket shop? We will see in some hours if they are serious and honest or not.

I will open a FINCEN complain and post in all crypto subreddits if i don't get my money very soon.

I am DAMN tired of SCAMS.
Enough scams, they are hurting all of us.
« Last Edit: October 15, 2015, 12:48:57 am by coiner »

Offline phillyguy

can anybody confirm here which was the last block before snapshot?

was it  3826176 ?


So they received my coins 1350 blocks BEFORE snapshot. They have it in the genesis 2.0 of THEIR WALLET. The point now is if IS BITTREX HONEST OR NOT?

Whether they are dishonest or misinformed, you still sent them BTS four hours before the snapshot and chose to trust a centralized exchange. Hard to blame them when this painful lesson has been learned by others numerous times before.

Fortunately for us, the solution to centralized exchanges has arrived.

EDIT: Bittrex has disabled the BTC/BTS Market. BTER did the same thing yesterday.
« Last Edit: October 15, 2015, 12:00:55 am by phillyguy »
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Offline xiahui135

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I can not imagine this can be true! If this is a company not a community, we can do better.