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is gatehub ripping me off?


retep
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On 30 december i spend 1000 euro's to buy bitcoin and got 0,08471 bitcoin in my gathub wallet

At the time i bought them, the bitcoin price on coinmarketcap was about 12.800 dollar.

Now just 5 minutes ago, the price of one bitcoin is 14.650 dollar, and when i would want to exchange my 0,08471 bitcoin for euro's again,

then i would get 804,- euro's, so what the hell is this? Because bitcoin went up about 2k since i bought mine, so at 0,0847 btc, i should have made

a little less than 200 euro profit by now, but instead, i get 200 euro's less than i invested, so can anyone tell me what's going wrong here,

or is it just that gatehub want to butt F me hard and dry, or am i just stuppid? I hope the last option, because this can't be true and must be some kind

of a mistake i made 

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5 minutes ago, retep said:

On 30 december i spend 1000 euro's to buy bitcoin and got 0,08471 bitcoin in my gathub wallet

At the time i bought them, the bitcoin price on coinmarketcap was about 12.800 dollar.

Now just 5 minutes ago, the price of one bitcoin is 14.650 dollar, and when i would want to exchange my 0,08471 bitcoin for euro's again,

then i would get 804,- euro's, so what the hell is this? Because bitcoin went up about 2k since i bought mine, so at 0,0847 btc, i should have made

a little less than 200 euro profit by now, but instead, i get 200 euro's less than i invested, so can anyone tell me what's going wrong here,

or is it just that gatehub want to butt F me hard and dry, or am i just stuppid? I hope the last option, because this can't be true and must be some kind

of a mistake i made 

Hi Peter, Did u ask Gatehub support?...https://www.xrpchat.com/links/

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Gatehub is not ripping you off, but the other people trading Gatehub Fifth BTC IOUs are.

Gatehub can't control that, although if their servers could handle the current load better, the markets would even themselves out faster.

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I would consider moving away from gatehub to a different wallet at some point

Their companies house filing history (UK legislative body that regulates companies) makes for uncomfortable reading IMO

https://beta.companieshouse.gov.uk/company/09311138/filing-history

Their accounts are published there, the worry is in their latest accounts they report zero provision for liabilities.

The two directors reside in Slovenia and the USA, not the UK.  

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2 minutes ago, MooseInTime said:

I would consider moving away from gatehub to a different wallet at some point

I doesn't change anything, if you can't handle basic trading tool like that. =/ Low liquidity and high prices on gatehub fifth, nothing you can do unless passing specific orders with the right price for you.

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1 hour ago, MooseInTime said:

I would consider moving away from gatehub to a different wallet at some point

Their companies house filing history (UK legislative body that regulates companies) makes for uncomfortable reading IMO

https://beta.companieshouse.gov.uk/company/09311138/filing-history

Their accounts are published there, the worry is in their latest accounts they report zero provision for liabilities.

The two directors reside in Slovenia and the USA, not the UK.  

Chris Larson is a shareholder. I suspect he wouldn't want the negative association if Gatehub were to go **** up. 

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