Raithu_bidda_ Posted January 30, 2018 Report Posted January 30, 2018 3 hours ago, karthiksiri said: XRB tho exchanges ki Lolli start aindi... XRB lu unte sell cheyadam best emo anipistundi 🤔 Am lolli? Quote
LondonBabu Posted January 30, 2018 Report Posted January 30, 2018 13 minutes ago, Raithu_bidda_ said: Am lolli? quote from reddit  So in case people were unaware, about a week ago /u/TheBomber9 the owner of Bitgrail. Violated his own TOS & instituted mandatory verification (KYC) without any prior notice, disabling any withdrawals from the exchange. This was after weeks of disabled withdrawals due to maintenance, so people's XRB has been stuck on this exchange for over a month. Today he announced that he will be closing all non-EU accounts & liquidating their assets into BTC before sending it out. This caused a massive drop in the price of XRB (over 50%) & a huge increase in the price of BTC on the exchange. Bomber9 also just happened to announce this right before the Binance listing (which is supposed to be happening soon). Now, Bitgrail is a dedicated XRB exchange & the vast majority of the assets on Bitgrail are in Raiblocks. According to the exchange wallet he has around 6 million XRB, with over half of that likely being from non-EU users, there is not even close to enough BTC on the exchange to pay for all the XRB at market price. So this begs the question, why wouldn't he just allow people to withdraw in XRB? It would be by far the easiest option. The only explanations are: 1) He's forcing BTC withdraws so he can sell his BTC for a massive premium & buy up tons of XRB cheap right before the Binance listing. Making millions. (by far the most likely explanation.) 2) He wants to force one last trade to make money on trade fees & BTC withdrawal fees (XRB withdrawal is free). 3) He wants to skim BTC off of people who had their accounts forcefully liquidated into BTC (since he can choose whatever price he wants for your XRB). He has effectively destroyed his exchange with his actions & I think it's unlikely he's just a moron. It's far more likely he sees the writing on the wall with his exchange (with the Binance listing coming) and he wants to pull a pseudo-legal exit scam (not sure if this is illegal under Italian law). Quote
karna11 Posted January 30, 2018 Report Posted January 30, 2018 Prl, nebl bahaha down ayyindhi gaaa Quote
Raithu_bidda_ Posted January 30, 2018 Report Posted January 30, 2018 16 minutes ago, LondonBabu said: quote from reddit  So in case people were unaware, about a week ago /u/TheBomber9 the owner of Bitgrail. Violated his own TOS & instituted mandatory verification (KYC) without any prior notice, disabling any withdrawals from the exchange. This was after weeks of disabled withdrawals due to maintenance, so people's XRB has been stuck on this exchange for over a month. Today he announced that he will be closing all non-EU accounts & liquidating their assets into BTC before sending it out. This caused a massive drop in the price of XRB (over 50%) & a huge increase in the price of BTC on the exchange. Bomber9 also just happened to announce this right before the Binance listing (which is supposed to be happening soon). Now, Bitgrail is a dedicated XRB exchange & the vast majority of the assets on Bitgrail are in Raiblocks. According to the exchange wallet he has around 6 million XRB, with over half of that likely being from non-EU users, there is not even close to enough BTC on the exchange to pay for all the XRB at market price. So this begs the question, why wouldn't he just allow people to withdraw in XRB? It would be by far the easiest option. The only explanations are: 1) He's forcing BTC withdraws so he can sell his BTC for a massive premium & buy up tons of XRB cheap right before the Binance listing. Making millions. (by far the most likely explanation.) 2) He wants to force one last trade to make money on trade fees & BTC withdrawal fees (XRB withdrawal is free). 3) He wants to skim BTC off of people who had their accounts forcefully liquidated into BTC (since he can choose whatever price he wants for your XRB). He has effectively destroyed his exchange with his actions & I think it's unlikely he's just a moron. It's far more likely he sees the writing on the wall with his exchange (with the Binance listing coming) and he wants to pull a pseudo-legal exit scam (not sure if this is illegal under Italian law). Saami try to understand the business model first bitgrail is the only exchange which supports xrb recently which has over 80 percent volume right now at 30 to 40 it lost all volume to kucoin if xrb goes to binance then bitgrail volume will be less than 5 percent so vadiki kalindi that’s why he imposed unrelated verification this is just some good news for xrb holders because we came to know binance listing is not far away and also if any one struck on bitgrail for withdrawal my account had lv3 verification you can send to my wallet and I will send to your kucoin wallet so issue resolved aina verification avakunda avaru konamanaru naa love da andarni Quote
tom brady Posted January 30, 2018 Report Posted January 30, 2018 33 minutes ago, LondonBabu said: quote from reddit  So in case people were unaware, about a week ago /u/TheBomber9 the owner of Bitgrail. Violated his own TOS & instituted mandatory verification (KYC) without any prior notice, disabling any withdrawals from the exchange. This was after weeks of disabled withdrawals due to maintenance, so people's XRB has been stuck on this exchange for over a month. Today he announced that he will be closing all non-EU accounts & liquidating their assets into BTC before sending it out. This caused a massive drop in the price of XRB (over 50%) & a huge increase in the price of BTC on the exchange. Bomber9 also just happened to announce this right before the Binance listing (which is supposed to be happening soon). Now, Bitgrail is a dedicated XRB exchange & the vast majority of the assets on Bitgrail are in Raiblocks. According to the exchange wallet he has around 6 million XRB, with over half of that likely being from non-EU users, there is not even close to enough BTC on the exchange to pay for all the XRB at market price. So this begs the question, why wouldn't he just allow people to withdraw in XRB? It would be by far the easiest option. The only explanations are: 1) He's forcing BTC withdraws so he can sell his BTC for a massive premium & buy up tons of XRB cheap right before the Binance listing. Making millions. (by far the most likely explanation.) 2) He wants to force one last trade to make money on trade fees & BTC withdrawal fees (XRB withdrawal is free). 3) He wants to skim BTC off of people who had their accounts forcefully liquidated into BTC (since he can choose whatever price he wants for your XRB). He has effectively destroyed his exchange with his actions & I think it's unlikely he's just a moron. It's far more likely he sees the writing on the wall with his exchange (with the Binance listing coming) and he wants to pull a pseudo-legal exit scam (not sure if this is illegal under Italian law). Antha clear ga unte malla XRB issue antaventi saami Quote
LondonBabu Posted January 31, 2018 Report Posted January 31, 2018 nenu emi analedhu man, I just provided for information sake ! Quote
Raithu_bidda_ Posted January 31, 2018 Report Posted January 31, 2018 Bitconnect the real bitcoin is back if you are not yet down by 2x or 3x it’s good time to join now Quote
jbunny007 Posted January 31, 2018 Author Report Posted January 31, 2018 http://www.businessinsider.com/facebook-bans-bitcoin-cryptocurrency-ico-ads-2018-1 Quote
Raithu_bidda_ Posted January 31, 2018 Report Posted January 31, 2018 11 minutes ago, jbunny007 said: http://www.businessinsider.com/facebook-bans-bitcoin-cryptocurrency-ico-ads-2018-1 Next YouTube and twitter kuda na followed by google???? Quote
Popkatapetapotapulti Posted January 31, 2018 Report Posted January 31, 2018 2 hours ago, karna11 said: Prl, nebl bahaha down ayyindhi gaaa just miss...last week prl motham dump chesi inko coin konna Quote
Hindhustani Posted January 31, 2018 Report Posted January 31, 2018 Bros, looks like BOA is rejecting cash out from CB.. manaku unna options enti eppudu @ronitreddy @raithu_bidda Quote
netflixmovies Posted January 31, 2018 Report Posted January 31, 2018 14 minutes ago, Hindhustani said: Bros, looks like BOA is rejecting cash out from CB.. manaku unna options enti eppudu @ronitreddy @raithu_bidda CB- credit balance aa ba? Quote
Puchakai Posted January 31, 2018 Report Posted January 31, 2018 4 hours ago, Raithu_bidda_ said: Saami try to understand the business model first bitgrail is the only exchange which supports xrb recently which has over 80 percent volume right now at 30 to 40 it lost all volume to kucoin if xrb goes to binance then bitgrail volume will be less than 5 percent so vadiki kalindi that’s why he imposed unrelated verification this is just some good news for xrb holders because we came to know binance listing is not far away and also if any one struck on bitgrail for withdrawal my account had lv3 verification you can send to my wallet and I will send to your kucoin wallet so issue resolved aina verification avakunda avaru konamanaru naa love da andarni problem entanthe wallet is under maintenance from 1 month...........even if u have lv3 account we cant withdraw xrb anukunta...........tellme if u can still withdraw, i will send my xrb which i left over there for small bits of trading Quote
Raithu_bidda_ Posted January 31, 2018 Report Posted January 31, 2018 8 hours ago, Puchakai said: problem entanthe wallet is under maintenance from 1 month...........even if u have lv3 account we cant withdraw xrb anukunta...........tellme if u can still withdraw, i will send my xrb which i left over there for small bits of trading Yes I do have Quote
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