Just bought shitcoin pic related. How did I do?
Just bought shitcoin pic related. How did I do?
wait a week my dude
I'm trying out the whole "buy the rumors and sale the news" tactic for once
Please help me biz
When it hits $0.14 this year, you'll be happy.
Wait until its listed on Bittrex, then sell.
And welcome to the club.
>tfw u finally become the smart money
liftoff
what is this shitcoin and where do i buy
liqui.io or etherdelta. 90% chance of Bittrex listing coming in 1-2 weeks, so position accordingly
get in on this one faggots. i finally made a good move for once.
yeah but what is it called i don't even know help me
sorry can't tell; it's a secret
I'll let you know when it starts trading on bittrex
wtf does this district0x coin do?
Seriously it looks like it only start existing from the 1st August
no idea dude but the graph looks good.
It looks pretty sophisticated but that is no guaranteed it will pay off.
It's trying to create a framework from which other decentralised apps can be created easily. This framework will be like the shopify or wordpress of the ethereum world. It will have modules which you can use to build build an online marketplace or community, eg. the ability for users to post listings, filter and search through listings, rank peers and amass reputation, and send invoices and collect payments. Anyone can submit proposals for what 'districts' they want to see built. The token is used to vote for proposals. The district0x team then builds the districts chosen by the community. The token also allows the community to govern the districts, they can change how a district collects revenue for example if they get enough votes.
It's pretty damn cool if you ask me. I've got a shit tonne of hype for it.
market cap is only 15 mil, lots of random shitcoins are worth way more. i think the potential is there for this one to see big profits.
also it has probably the coolest website for a shitcoin ever.
i got 1 btc of this shit coin lads. lets see if it pays off
sitting on 65k that i bought a few days ago now. once this bitch hits bittrex (delayed due to new review rules, should be no problem just going through the steps) it's going to 10x easy.
Just bought 52k off of EtherDelta (why buy on Liqui when you can get it cheaper). Adds to the 45k I bought yesterday.
Now to wait for compliance. A week or two, nothing big. Though upon further review of the roadmap, I'm increasingly tempted to hold this for longer. It could very well reach $1+ if a number of the districts (both the official and the proposals) are launched successfully.
glad to see you fags are on board as well. lets strap in for takeoff
>ms paint logo
>comic sans d
what were they thinking?
This logo is now worth $1b so I'm not too worried
If you look at the team you will know exactly why that is. They are a bunch of kids cashing in on ICO craze. Bittrex hasn't been allowed to let them on because they may have breached SEC regulations
i just got on their slack and read up on all this drama. bittrex apparently listed threm an then pulled them down. now both sides are bickering over what happened
I saw that listing pop up and a bunch of buy orders, but no sells. Minutes later it was gone, was wondering wtf happened there.
They gotta do some bullshit paperwork apparently. TenX had the same exact issue they said, but managed to get thru. If this doesn't hit bittrex I might be fucked
Holy fuck that's a nice website
JUST POSTED ON THE DNT SLACK:
district0x.slack.com
>Last week, Bittrex announced that they had listed DNT for exchange and opened markets for trading. Within a very short period of time they received deposits of more than 40M DNT from members of our community. Only minutes later they halted trading, tweeting that the issue was ‘compliance related’ with no further explanation, which we were only made aware of when we started to receive a wave of questions wanting to know what compliance checkpoints we failed to pass.
>Shortly after, we received a message from the Bittrex team telling us that in light of the recent SEC guidance they will need us to complete a ‘compliance review’. Having spent nearly 3 years at Coinbase, I can appreciate the sensitive nature of regulators looming over the space, and let them know that we are happy to work with their team or any other exchanges to provide any information they may need from us to perform their necessary checks.
>Bittrex’s ‘compliance review’ does not simply entail a request for information though. Also included is a request for payment of a minimum of $5000, possibly more, with no guarantee of listing after payment. We have said all along that we will not be paying to be listed on any exchanges and we are reaffirming that stance today. We outline our rationale behind our position below.
(cont.)
>1. The district0x Project does not stand to generate any revenue from the listing of DNT on Bittrex. Just yesterday, Liqui generated more than $10,000 worth of revenue from fees of the exchange of DNT. From a financial standpoint, it seems to be a rational move for the Bittrex team to pay the costs associated with performing the necessary due diligence to list DNT on their exchange. It is an irrational move for us to foot their bills when they stand to generate a significant amount of revenue off of our listing and will not be kicking back any of this to support the project's long term goals.
>2. We just wrapped up a fundraiser in which we collected funds to build an open source software project with the goals of equitably distributing governance powers and the share of financial successes of marketplaces amongst all participants, decentralizing markets in the process. Covering the legal costs for a centralized service that retains all profits for themselves is antithetical with our vision.
>3. Bittrex is one of many exchanges. If we were to agree to pay their legal costs so that they could decide if they should list us for exchange, it would be logical for every other exchange around the world to require us to do the same. These costs would be prohibitive and it is unrealistic for us to do so.
>In light of this announcement, we anticipate some frustrations from some members of our community. This is a decision we feel strongly about and will not be backing off of. That being said, we completely understand the desire to see additional exchanges list DNT and understand the need for liquidity long-term. Given such, we will be taking the following actions:
>1. Partnering with the 0x Project to build an integration for the exchange of DNT with any other ERC20 token at trade.district0x.io. More details to follow in a separate blog post soon.
>2. Supporting the efforts of other decentralized exchange projects such as Ethfinex, Oasis, and EtherDelta.
(cont.)
>3. Keeping the door open for Bittrex. If they decide at any time they would like to begin their compliance review, we are happy to meet with their team and legal counsel and provide any necessary information.
>4. Engaging with other popular exchanges. We have/will be reaching out to the teams at Bitfinex, Kraken, Poloniex, and Yunbi. If there are any others you would like us to contact, let us know.
>We thank you for your patience and support with this matter and will be sure to share any material updates as they become available to the team. We invite all other projects to join us in taking a similar stance and are always open to collaboration and coordinating efforts to push the ball forward for the Ethereum community as a whole.
tl;dr: Bittrex is (allegedly) being Jewish.
Just pay the 5k wtf how poor are they
thanks for the update. sucks bittrex is trying to squeeze em, but i'm sure they'll eventually work it out. they better, because i just traded all my bcc for dnt the other day
That is what a bunch of people on the Slack are saying, especially seeing as how DNT just raised $10 million.
It's probably principle stance then. I say give it a few hours and the DNT team will probably take soundings. Have the community pay the bill and come out saving face.
im actually going to be salty as fuck if d0x thinks they are "making a stance" and not pay the 5k to just get on bittrex..
You're not the only one. A good number of people in the #dnt_trader channel are furious and saying PAY THE GODDAMN $5,000 WHEN YOU JUST RAISED $10 MILLION.
Hell, one guy said he'd pay it himself.
On a side note, which one of you (I know it was one of you) just said: "I knew not to trust these highnose jews" in the slack? I know it must have been someone from Veeky Forums or /pol/.
Yea it was me, so fucking furious right now
dude, it's not about the 5k, Bittrex are being huge assholes with this. They will make a shitton more just on fees. I liked the 0x Project, found out of DNT because of this and I really see those guys pushing all kind of cool useful projects in the next couple of years. The fact that they are taking this stance makes me want to buy even more DNT and be more active on their community.
Always keep an eye on the guys that are not being greedy fuckers because those guys have their eye looking further down the road and if you are not desperate you can make nice gains besides being part of something that isn't as stupid ass shit as potcoin or any other shitcoin that doesn't do anything.
This: . If fucking Liqui made 10k in a day from fees, then imagine how much Bittrex would make in the first few hours. And if the DNT guys cave in, everyone knows they can be ransomed.
In any case, I say patience. The price bottom is falling out. So let's sit it out for now, maybe buy some more DNT for cheap with people panic selling, and wait until things cool off. We'll get listed on other exchanges and get a nice bump off of that. And we'll get listed on Bittrex sooner rather than later. If they're this greedy, then they'll realize that $5,000 + antagonizing people < $ made from fees in trading DNT.
I'm actually doing that. I got only 4 ETH on the ICO, I just moved 4 ETH to liqui and I'm going to buy more DNT and move it to a wallet and sit on it for at least a week or two, while Bittrex sort this shit out or DNT gets listed on Poloshit and sky rockets.
Good to know this sort of shit happens and I bet those 8 ETH that the district0x guys are not the only ones having to put up with this kind of bullshit.
The fact that they would also pull out of nowhere an exchange because of this also makes me smile. The more the merrier.
Yep, I like principled teams. You can't make it big without a very clear vision. Makes me want to invest more.
If everyone loses the motivation to invest, what's the fucking point
Tempers are going to be high for the next few hours, maybe day and a half. Just gotta wait it out though; DNT isn't going anywhere because it couldn't get a measly Bittrex listing.
Bittrex is releasing a statement on it soon
Hope you anons were'ttrying to sleep tonight
where u see this info desu?
plebbit is fuming. what's the deal though? i get the supposed nobility of the move, but it's tanking their market value, and causing fomo at this critical early stage of the coin's launch. reddit.com
Bittrex slack.
Actually looks like it wont be tonight so you can snooze away now user
Regardless of the Bittrex crap, this is an undervalued coin. The Chinese will go mad for it.
They should not care. They have enough money to develop what they advertised. This should be their only goal, creating a valuable product, thus rewarding the token holders in the long term.
i just spent three hours in their slack and have never seen a more childish dev in my life.i will never touch this hobby coin. i reccomend reading their "statement" on bittrex denial to undestand how childish they are. literally just kids trying to take advantage of the ico craze and then pouting when the real world hits
Joe is a real sanctimonious little asshole
Its not even about Bittrex desu. There are other exchanges. Its the fact they just exposed their entire platform as a complete sham. DNT is a fucking VOTING BASED PLATFORM and the entire community VOTES a certain way... and what does the dev do?
Nah. My pride > "decentralized" voting
Unreal.
"I'll chat with @madvas and see if we can add separate voting Dapp. That would be fine with me. If the community votes they want us to pay the fee, I'll pay it myself out of pocket. The fact of the matter is we did not raise funds to cover the legal fees of centralized markets, we raised funds to build a network of decentralized markets. Given such, the project will not be spending funds to do so." - joe
>The district0x Project does not stand to generate any revenue from the listing of DNT on Bittrex
This is true. They only make money on the initial ICO. Secondary market trading doesn't make them anything.
ICONOMI invested in this. You can read about it in their new raport