Sotong Posted December 9, 2020 Share Posted December 9, 2020 https://bitrue.zendesk.com/hc/en-001/articles/1500000229441 Mpolnet and Noep 1 1 Link to comment Share on other sites More sharing options...
buh Posted December 9, 2020 Share Posted December 9, 2020 50 minutes ago, Sotong said: https://bitrue.zendesk.com/hc/en-001/articles/1500000229441 this is some serious IOU shit operation they are pulling. WrathofKahneman and BillyOckham 2 Link to comment Share on other sites More sharing options...
bx549 Posted December 10, 2020 Share Posted December 10, 2020 Bitrue better hope everything goes OK with the distribution. CountZerpula 1 Link to comment Share on other sites More sharing options...
buh Posted December 10, 2020 Share Posted December 10, 2020 considering the shady practices of Bitrue over the last year (blocking user accounts because of arbitrage, blocking them out of the lending plataform), i would actually be cautions with this decision. Bitrue state they will allocate the 15%, but still the ratio is undecised. What is striking to me is that, they can easily say they will allocate 15% but they could actually allocate 14.99%, and people would not notice the small difference in drops. For an exchange with the size of bitrue with some hundred million XRP, that would be a win for them upon the launch of Flare next year. Considering this is biture, i can only foresee some shitty/shady operation undergoing for some months. WrathofKahneman and CountZerpula 2 Link to comment Share on other sites More sharing options...
Dario_o Posted December 11, 2020 Share Posted December 11, 2020 (edited) On 12/9/2020 at 8:12 PM, buh said: this is some serious IOU shit operation they are pulling. yep Bitrue should be renamed Bi-sci-fi Edited December 11, 2020 by Dario_o Link to comment Share on other sites More sharing options...
CountZerpula Posted December 11, 2020 Share Posted December 11, 2020 On 12/10/2020 at 2:45 AM, buh said: Bitrue state they will allocate the 15%, but still the ratio is undecised. I think what they mean is that they will give you an IOU on your first distribution, which equals %15 of your total distribution. That %15 figure shouldn't change, unless Flare were to change it for some reason. To your point - the distribution ratio is yet to be determined. Whatever that number ends up being, the first distribution should amount to %15 of it. Mpolnet and Cesar1810 2 Link to comment Share on other sites More sharing options...
NightJanitor Posted December 11, 2020 Share Posted December 11, 2020 One part of the art of finance is to learn to know when one has become too creative. (Hard pass.) WrathofKahneman 1 Link to comment Share on other sites More sharing options...
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