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Post by cardkingdom on Mar 13, 2018 14:53:47 GMT
The market value of XNK on page has vanished. Tried to buy XNK this morning, not available, and got suspended for 7 days for listing violations. Because I ask for Coinbase e-mail address to make transfers. Do they not know that this way it is free , any other way and I have to pay a fee.
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natahoa
Junior Member
Long time LIstia user. Ink investor.
Posts: 73
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Post by natahoa on Mar 13, 2018 15:56:49 GMT
Yup can't buy ink any more on listia.
Maybe the lawyers told Listia that if you say you are selling at market price it has to BE market price.
If they actually sold it a 5 cents on Listia buyers from all over the world would wipe them out. No fees like buying on IDEX.
Maybe that's why.
Just looked at your listings. Maybe someone is flagging them all. Trying to take down yours so theirs will sell.
I dunno. It's easy to manipulate listia's two or three admins by flagging listings and getting your friends to do the same.
The admins will often take them down without even attempting to determine if the flags were appropriate.
Did you have a problem with a buyer? Is Listia taking down crypto listings?
I have no idea.
You Gotta contact an admin.
Or get on telegram and make a stink if you have been unfairly targeted or ignored by admins and you can make a GOOD argument
A Listia owner will PM you pretty quick usually. That's what I would do.
The admins on Listia are not equipped for the volume of problems they encounter on Listia IMO. I also think they use a lot of badly programmed BOTS
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Post by cardkingdom on Mar 13, 2018 16:38:27 GMT
I have written them a few times already about the situation, and have not heard anything from them yet. It just seems to get worse. I already know of quite a few people that want to leave because they believe it to be going down. I hope not. This thing with XNK does not look like it is doing too well, and they are going to have to let members know what is going on.
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bid1
Junior Member
I feel more like I do now, than I did when I first got here.
Posts: 67
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Post by bid1 on Mar 13, 2018 20:57:11 GMT
Hi cardkingdom. Strange stuff going on eh? Makes you wonder if
Listia isn't gonna shut down and are monetizing the site before hand.
You say you've written to Listia, did you contact them through support
tickets? I know they always have replied, however incoherently, to support
tickets.
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natahoa
Junior Member
Long time LIstia user. Ink investor.
Posts: 73
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Post by natahoa on Mar 13, 2018 22:49:56 GMT
I have written them a few times already about the situation, and have not heard anything from them yet. It just seems to get worse. I already know of quite a few people that want to leave because they believe it to be going down. I hope not. This thing with XNK does not look like it is doing too well, and they are going to have to let members know what is going on. Chatter has it that Listia has apparently raised ~maybe doubled~ the prices in their rewards store. Because people are buying ink at five cents on the exchange and coming to Listia spending all that cheap ink on anything of value on Listia. Anything brand new. That they can flip and double their money on. This means that Listia is basically acknowledging the lower value of ink. They've stopped selling it at 14 cents and now are not selling ink at all via Listia. And pricing their own RewRds Store items at higher ink prices equals a much lower valuation of ink. But anyone who prepared for the ink conversion, like me, paid 14 cents when credits converted. So now I can't afford to win anything on Listia unless I want to throw my ink away. And I can't possibly hope to get good results on my items unless I list gift cards or gold bullion. I'd be very cautious about listing too many auctions. Unless your items are valuable enough that the outside ink buyers will compete to win from you to flip on eBay or somewhere else. I haven't looked at your listings so I don't know what you are selling. I'm very frustrated with the way Listia has handled this. I had hoped it would get better. Not worse. I'd be very cautious about flooding the market with too many listings. |
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Post by cardkingdom on Mar 13, 2018 23:38:00 GMT
I have slowed down my listings for sure, always had over 100+ ,now max 25 to 30. I will stop listing sports cards for sure. Selling cards for 2 to 5 XNK, then spending 50 cents on a stamp, just wont cut it. Thats throwing money away. All I can do is sit back ,and see what happens. will keep listing small bitcoin ETC... and small giftcards for now. You see on the site where Listia will give you 250 XNK for a $100 Subway gift card. That sounds like somebody trying to rip us off, REALLY.
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Post by charlie280 on Mar 14, 2018 10:38:08 GMT
This is what wallet investor has to say:"Should I invest in Ink Protocol CryptoCurrency?" "Should I buy XNK today?" According to our Forecast System, XNK is a bad long-term (1-year) investment*. Ink Protocol predictions are updated every 3 minutes with latest prices by smart technical analysis. It's important to note that due to the low market cap, XNK price can be easily manipulated. Q&A about XNK projections.
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Post by jyoyokooll on Mar 14, 2018 15:17:52 GMT
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Post by Admin on Mar 14, 2018 18:30:57 GMT
The market value of XNK on page has vanished. Tried to buy XNK this morning, not available, and got suspended for 7 days for listing violations. Because I ask for Coinbase e-mail address to make transfers. Do they not know that this way it is free , any other way and I have to pay a fee. It is quite bull the stuff they are pulling, I list crypto and offer both coinbase email OR public key transfers, yet still 99% of my customers give me their email, probably because it is easier, but also maybe because they don't understand the public/private key system, and maybe Listia is forcing people to learn the public/private key system by removing coinbase email listings?? Because XNK relies on the public/private key system?? Just a thought. Also as far as fees go, if you use GDAX, which is coinbase's Global Digital Asset Exchange, you can send to a public key wallet address for FREE, however they have minimums to do so, which I believe are .001 for LTC and ETH, and .0001 for BTC, which is why I at least list those increments. Also when converting from LTC, ETH, or BTC to fiat (USD) I HIGHLY recommend GDAX because their fees are WAY lower than coinbase, even though they are the same company, however it is at the cost of being less user friendly than coinbase. |
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Post by cardkingdom on Mar 17, 2018 18:19:00 GMT
Now 1 XNK=2,475 credits. I want my credits back, If I would have held off on selling them. I would have a lot more. Fair or Not.
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Post by dan on Mar 17, 2018 18:45:04 GMT
If you put off selling -does not matter. they still convert them at 3850credits/1 xnk
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Post by jojo121779 on Mar 24, 2018 5:35:10 GMT
Yup can't buy ink any more on listia. Maybe the lawyers told Listia that if you say you are selling at market price it has to BE market price. If they actually sold it a 5 cents on Listia buyers from all over the world would wipe them out. No fees like buying on IDEX. Maybe that's why. Just looked at your listings. Maybe someone is flagging them all. Trying to take down yours so theirs will sell. I dunno. It's easy to manipulate listia's two or three admins by flagging listings and getting your friends to do the same. The admins will often take them down without even attempting to determine if the flags were appropriate. Did you have a problem with a buyer? Is Listia taking down crypto listings? I have no idea. You Gotta contact an admin. Or get on telegram and make a stink if you have been unfairly targeted or ignored by admins and you can make a GOOD argument A Listia owner will PM you pretty quick usually. That's what I would do. The admins on Listia are not equipped for the volume of problems they encounter on Listia IMO. I also think they use a lot of badly programmed BOTS |
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Post by jojo121779 on Mar 24, 2018 5:37:05 GMT
Yup can't buy ink any more on listia. Maybe the lawyers told Listia that if you say you are selling at market price it has to BE market price. If they actually sold it a 5 cents on Listia buyers from all over the world would wipe them out. No fees like buying on IDEX. Maybe that's why. Just looked at your listings. Maybe someone is flagging them all. Trying to take down yours so theirs will sell. I dunno. It's easy to manipulate listia's two or three admins by flagging listings and getting your friends to do the same. The admins will often take them down without even attempting to determine if the flags were appropriate. Did you have a problem with a buyer? Is Listia taking down crypto listings? I have no idea. You Gotta contact an admin. Or get on telegram and make a stink if you have been unfairly targeted or ignored by admins and you can make a GOOD argument A Listia owner will PM you pretty quick usually. That's what I would do. The admins on Listia are not equipped for the volume of problems they encounter on Listia IMO. I also think they use a lot of badly programmed BOTS What about Listia Plus. You can still get that and that’s basically buying xnk right? |
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Post by jojo121779 on Mar 24, 2018 5:39:00 GMT
Ok I can’t figured out this quoting thing. I was asking what about the Listia plus. That’s basically buying xnk every month.
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natahoa
Junior Member
Long time LIstia user. Ink investor.
Posts: 73
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Post by natahoa on Mar 24, 2018 10:18:19 GMT
Ok I can’t figured out this quoting thing. I was asking what about the Listia plus. That’s basically buying xnk every month. *** hit the "quote" button on a post and you can Reply to that specific post. Ive never participated in Listia plus. But basically you are sending Listia a monthly payment in return for a discount on buying credits/ink correct? I wouldn't do that unless you are happy with the price you are paying for ink. Ink is trading between 4.2 and 4.8 cents most days on IDEX. The reality is that the entire crypto market is in the crapper right now. Most people would consider this a good time to buy but you are gambling that prices will go up in the long term. They could continue to go down tho. I think this IS a good time to buy ink if you have the money to hold it for potentially a year or two or three. my guess is that you will overpay if you buy it from Listia via the Plus program. For now I would hold off. If you want to buy ink to spend on Listia your best bet is to buy it via IDEX. The way the fees work, you are better off buying as much as you can at one time. To buy ink on IDEX you first need to buy some ETH. Send your ETH it IDEX and trade it for XNK. mike has some posts and a video here on this board on the mechanics of doing that. |
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