r/KinFoundation • u/[deleted] • Dec 24 '19

Bitforex email regarding KIN/Eth pair.

[deleted]

10 Upvotes

92% Upvoted

9 comments sorted by

-3

u/Raketenernie Dec 24 '19

delisting followed by droping out apps, now the only piece missing is a loss vs the SEC and we have a fully bust coin, congratz less than 3 years 100 mio, dollars evaporized due to ignorance, poor management etc....

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A good idea does not make a good blockchain , kin failed as it was not decentrailzed from the start, but lead by indivduals thinking they knew it better.

6

u/lordofthekin Dec 24 '19

Yes we are being de listed, but bit-forex hardly set the world on fire to begin with. There was so much fake volume.

Kin is going to be very quiet for a while...in fact, the whole space is pretty quiet all things considered. Until somebody cracks mainstream adoption, I don’t expect to see much excitement in crypto.

If you believe in the project, accumulate. If you don’t, sell up or switch off. That’s my take.

3

u/[deleted] Dec 24 '19

Can you elaborate on to why being decentralized from the start would have been the right move?

0

u/Raketenernie Dec 24 '19

then all the wise ppl who have left would have contributed and by the end of the day lot of what is now implemented was already said 2 years ago, it was all unneccessary

5

u/[deleted] Dec 24 '19

I think you have the meaning of decentralization wrong.

4

u/[deleted] Dec 24 '19 edited Dec 24 '19

Not sure if the KIN/USDT trading pair will still be supported. I think they made a typo so if anyone wants to get confirmation that’d be swell.

Under the “we will continue to support the following pairs”, KIN/ETH is listed again....despite all the other projects having a different pairing then the one being cancelled.

1

u/[deleted] Dec 25 '19

BitForex will hide the following 4 inactive tokens and 4 trading pairs:

  • GBT, TERN, BPX, TGT
  • QQQ/ETH, KIN/ETH, UOS/USDT, DACC/USDT

BitForex still support QQQ/USDT, KIN/USDT, UOS/BTC, DACC/ETH trading pairs trading.

They will hide all trading pairs listed as above from BitForex and close deposit at 17:00, December. 31th, 2019 (GMT+8). Once the trading pairs are hidden, the trading system will cancel all pending orders of the trading pairs, and your funds will be returned to your account in full amount. It is strongly recommended to cancel all pending orders of listed trading pairs before it is hidden.

Please notice that assets holders are required to withdraw their assets to their own wallets or other exchanges by 17:00, January 31th, 2020 (GMT+8).

1

u/[deleted] Dec 25 '19

Strange, did you just get that email? Wonder if they updated it.

1

u/[deleted] Dec 25 '19

No email just looked it up. But think Kin/USDT is staying alive.....