/biz/ - Business & Finance

jesus, they were really running a single node ?

>>5765339
Greedy fucks.

And now they're pissed they're losing their cash cow to Kucoin and Binance.

Nice spin.

>>5765339
well that is certainly one way to look at it

>>5765339
Bitgrail is destroying itself.
Rai = Chadcoin confirmed. He will kill Daddy Bitcoin.

raifags going the distance to justify this

>>5765339
Can't stop the lambo coin

>>5765541
I mean, is it false?

>>5765339
ultimate chadcoin

>>5765339
This is a way sexier logo.

>>5765586
Yes it’s fake until he posts a source

>>5765807
You can check twitter for all bitgrail/xrb drama

>>5765339

Raiblocks can't be stopped

>>5765339
Or is the bug in the code, as the exchange claims?

https://twitter.com/BitGrail/status/948204439403417602

https://discord DOT gg/BcEyJM7 picked this coin to dump

>>5766036
Why do other nodes on other exchanges run without any problems, it only seems that bitgrail is having issues

Yep, all 3 billions of their market cap went through that single node lol. Fucking hilarious. And they don't see any problems on their side, of course.

>>5765339
I realize I'm completely blindsided by fud when visiting /biz/.

>>5766036
BitGrail dev

>>5766609
>if you're doing enough transactions to trigger this bug, you SHOULD have more than a single $XRB node

Hmm. Keyword: Should. So why don't they? Not enough incentive for others to run nodes? Huh... I think this Raiblocks project doesn't understand human nature. People aren't going to do shit for free.

>>5766781
Exchange doesnt have incentive to run more nodes, pls, I'm crying laughing.
If businesses in the future want their customers to pay using XRB then thats their incentive, and individuals have no need for multiple nodes as they won't come even close to experiencing heavy load.

>>5766781
incentive is not fucking losing customers once kucoin and binance list this chad

>>5766781
Not enough incentives? They've made millions on the transaction fees thanks to rai, and they couldn't install a second node? It seems like you don't understand what happens to retarded people and their businesses: everybody hates bitgrail at this point.

>>5766867
They had such an unique opportunity to be the first XRB centric exchange.

They failed to capitalize.

Meanwhile, Binance raises as the go-to place of crypto in 5 months.

>>5766866
>XRB is 90% of their traffic
>They take $40 minimum fees on their exchange
>Somehow can't gather enough money to run more than 1 goddamn node for a 3+ billion dollar market cap coin

Jesus, how long until Kucoin/Binance get this thing. I want off the Bitgrail ride. I went from 2K to ~25K now, and I'm still waiting for verification so I can get all of this shit off of here in 1 go.

I got 3X my eth deposit at bitgrail

tried to warn everybody that bitgrail was a shit exchange and to not deposit there

told the admins, they ignored me

So I withdrew all of it in raiblocks.

Thanks I guess.

If you're depositing on bitgrail now youre a dumbfuck

>>5766781
My fucking god, how low is your IQ?

>>5767059
big if true

>>5767059
Lmao, congrats. Didn't even have to wait a week for x3

>>5767001
Where are you located? Im afraid to send my info to some random ass "italian" exchange. Are you in the US?

>>5767216
>>5767164

why would I lie about this? I'm just trying to keep everybody from losing their money.

bitgrail might got insolvent if they haven't fixed this bug.

I tried to warn everybody on the discord and telegram and the entire community accused me of FUD. I even pinged admins multiple times. They ignored me so I said fuck it and withdrew it all

>>5767310
I was there, I remember your post. It could be true, from looking at the horrible coding of bitgrail and their endless supply of bugs it wouldn't surprise me.

>>5766781

This'll absolutely be the dumbest thing I'll read on /biz/ today.

>>5767224
US. Made amazing gains because XRB is amazing tech, i mean this motherfucker tanked 3B marketcap on ONE FUCKING NODE, and the whitepapers prove it, and its gonna get to $100 no matter what.

I'm just afraid of lose at least 30% of my gains because of the shit exchange that didn't have the foresight to get more than 1 fucking node for their cash cow.

>>5766781
the same reason why proof of stake works...

>>5765339
If the tech doesn't make more nodes economically reasonable to run then there will be no nodes. They weren't successfully running it on one node either, there were constant problems. This is a massive problem they have,not addressed.

>>5766475
What other exchanges? The only other one is also down.

>>5767416
what state? Im in NY and scared of the shitty crypto laws that some italian ass exchange might take it as an opportunity to close my account and keep profits but maybe im just being too paranoid

>BITGRAIL WAS HANDLING THE WHOLE TRAFFIC WITH 1 NODE
THIS CHADCOIN CANT BE STOPPED

>>5767595
You can handle all the traffic on one sql server too, one node isn't a better thing...

>>5767638
its fucking impressive nonetheless
im not saying its smart but fuck me in the ass this shit is gonna go ballistic

>>5767587
you are being the correct amount of paranoid. listen, bitgrail credited me 3x my deposit - that is absolute insanity.

who would trust them with your personal info?

>>5767587
literally no way to know, but this is the only easy way to get bulk XRB a month ago, so I did it, and it paid off technically. I'm just to 5 figures within the first few days of 2018. Which means 6 figures is very possible, but I can't readily pull out more than 10K a day on their exchange (with $40 fees)

>>5767690
I know I just want my money without having to give my info to some pizza mafia. At the same time the Rai wallets suck balls. Fuck me

>>5767587
Take it easy. The rock trading, also italian exchange, is probably the oldest exchange in existence and never had an issue

>>5767809

good on you. What did you start with? At what price?

>>5767854
thanks bro ill have to consider it

honestly never had a problem with bitgrail. just take out your shit as soon as you're done. fees are too high and the UI is shit but that's the only thing

>>5767945
$3. Projecting it to at least hit $110 if it gets to 14Billion level like IOTA.

>>5767945
It doesn't list raiblock, but its to say that italian law is not a problem. Also we are not pajeets scammers

>>5767310
>why would I lie about this?

ok, let's assume you're not lying.

you seriously don't understand how it COULD be of someone's financial interest to make up a rumor like that?

>>5768434

financial interest to say that bitgrail 3x my deposit?

what financial interest could I have when bitgrail literally turned off their withdrawals today and I've already gotten all my money off the exchange?

unless I was running an exchange myself I fail to see a reason to lie about it....