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Thread: DIGITEX "Bitcoin Futures Trading"

  1. #126
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    Re: DIGITEX "Bitcoin Futures Trading"

    .
    Interesting pattern of updates under the news section of the DIGITEX website:

    December 2017 -- 5 items
    January 2018 --- 10 items
    February 2018 --- 5 items
    March 2018 ------ 2 items
    April 2018 -------- 0 items
    May 2018, so far - 0 items

    DIGITEX 05.jpg

    ruh-roh ...

    SD

    .
    "No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken

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  3. #127
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    Re: DIGITEX "Bitcoin Futures Trading"

    I'm sure Steveshaw can explain all of this to us. That is if he will come back and post.

    Whatever happened to arowx? S/he was to come back and tell us how well s/he did with their investment into Digitex that we convinced him to invest. Surely by now s/he fortune has been made. Unless of course it all went south and s/he lost it all, and is too embarrassed to come back and tell us.
    EagleOne
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com

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  5. #128
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    Re: DIGITEX "Bitcoin Futures Trading"

    Looks like they hit their first exchange with the last trade at $.0246($733.51 ETH X .000033480).



    https://exrates.me/dashboard

    last:966.000000000 DGTX
    vol:7577117.373894529 DGTX
    222.455907675 ETH
    start:0.000040000 ETH
    end:0.000033480 ETH
    % change:-16.30%

    $733.51 May 15 quote
    https://www.coindesk.com/ethereum-price/


    Announced exchanges not yet trading.

    https://www.radex.ai/welcome
    https://www.ooobtc.com/
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
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  7. #129
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    Re: DIGITEX "Bitcoin Futures Trading"

    Watching DGTX trade in real time is interesting to me. Two things I want to see is if the number of account holders goes up or down and what the large token holders choose to do.

    DGTX exchange rate.JPG

    https://exrates.me/dashboard

    https://www.coindesk.com/ethereum-price/

    Summary
    Total Supply: 1,000,000,000 DGTX
    Holders: 9245 addresses
    Transfers: 11977
    0x1c83501478f1320977047008496dacbd60bb15ef


    https://etherscan.io/token/0x1c83501...6dacbd60bb15ef

    Top Holders.JPG

    https://etherscan.io/token/0x1c83501...b15ef#balances
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  9. #130
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    Re: DIGITEX "Bitcoin Futures Trading"

    I'm consistently a decade behind on the latest and greatest technology so I might be reading this blockchain thingy wrong.

    Here's what I'm seeing, a total supply of 1,000,000,000 DGTX was created out of thin air on the premise that a futures trading platform will back them with real value. Give or take ETH was exchanged for 700,000,000 DGTX tokens, with the two largest accounts showing no value upon transfer. Maybe this means nothing, a company can issue stock and hold some in treasury without selling them to the public. There would be no exchange of value for treasury shares either. However, IPOs even when legit have an uncanny history of getting dumped on the public at premium prices.

    Since the jury is out, let's consider these accounts whales and bagholders.

    The Moby Dick of Whales.JPG

    Moby Dick
    Token Transfer first whale.JPG

    Shamu
    Token Transfer second whale.JPG

    Bagholder
    Token transfer random bagholder.JPG

    Bagholder1
    Token transfer random bagholder1.JPG

    https://etherscan.io/token/0x1c83501...f103303c385059


    I certainly wouldn't want to see any selling from the two largest accounts this early in the dance. If I was an investor in DGTX I would really want to see them accumulating DGTX in the open market. Along those lines my preference would be to see the number of addresses decreasing since this would mean people are selling out and other holders are accumulating the float.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  11. #131
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    Re: DIGITEX "Bitcoin Futures Trading"

    Yeah ribshaw, the 100m is team tokens vested for 3 years, this is the github of the smart contract audited by smartdec - https://github.com/smartdec/dgtx-vesting

    the 200m is for the digitexfutures exchange liquidity providers so they won't move until the futures exchange is live, the whole point of blockchain is while it's anonymous you can't hide when tokens or coins are moved. If they moved those before then then I'd absolute agree with it being a scam but i don't think they will as a digitex believer.

    They hit the exchange like they said they would in Q2. So now on to the next step
    Last edited by EagleOne; 05-15-2018 at 01:45 PM.

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  13. #132
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by Whale Sale

    During the ICO we had a whale purchase 148 Million DGTX Tokens, we have purchased these back and will sell these to the public starting 15th February 2018"
    It took me two mugs of rich Ovaltine but I couldn't find this transaction in or out on the blockchain. There were a few individual sales in the million range, none I saw that came anywhere close to this elusive whale.

    Whale2.JPG

    https://etherscan.io/token/0x1c83501...f103303c385059

    Whale1.JPG

    https://etherscan.io/address/0x1c835...15ef#tokentxns

    Whale.JPG

    https://etherscan.io/address/0x1c835...5ef#internaltx
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  15. #133
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by Steveshaw View Post

    the whole point of blockchain is while it's anonymous you can't hide when tokens or coins are moved.
    Welcome back Steve.

    Can you locate information on the blockchain showing the whale sale either in or out? I just scanned it manually and couldn't locate anything close, but as I said this isn't really my forte.


    Quote Originally Posted by Steveshaw View Post
    They hit the exchange like they said they would in Q2. So now on to the next step
    I agree. This provides participants a market to arbitrate value and provide liquidity.
    Last edited by ribshaw; 05-15-2018 at 01:52 PM.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  17. #134
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by Steveshaw View Post
    Yeah ribshaw, the 100m is team tokens vested for 3 years, this is the github of the smart contract audited by smartdec - https://github.com/smartdec/dgtx-vesting

    the 200m is for the digitexfutures exchange liquidity providers so they won't move until the futures exchange is live, the whole point of blockchain is while it's anonymous you can't hide when tokens or coins are moved. If they moved those before then then I'd absolute agree with it being a scam but i don't think they will as a digitex believer.

    They hit the exchange like they said they would in Q2. So now on to the next step
    Thanks for responding and your clarification.
    EagleOne
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com

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  19. #135
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    Re: DIGITEX "Bitcoin Futures Trading"

    This is the whale sale contract. Reverse auction so nobody got tokens till the time ended or the price equilibrium was reached
    https://etherscan.io/address/0x81f04...83170230f31c07

    As you can see here it was 100m token resold - https://etherscan.io/tokentxns?a=0x8...230f31c07&p=68
    Adam said he kept the other 50m for the developers coming in.

    edit - the reverse auction smart contract github https://github.com/smartdec/dgtx-auction - audited by the same company as before I believe

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  21. #136
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by Steveshaw View Post
    This is the whale sale contract. Reverse auction so nobody got tokens till the time ended or the price equilibrium was reached
    https://etherscan.io/address/0x81f04...83170230f31c07
    Steve perhaps I'm missing something, can you link me to the initial sale to the whale where 148M tokens where purchased and held in a wallet?

    This is the blockchain https://etherscan.io/token/0x1c83501...f103303c385059 I reviewed and I'm not seeing it.


    I would expect to see an "in" transaction for 148M tokens between the first and second sales with the aforementioned wallet now showing a zero balance.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  23. #137
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    Re: DIGITEX "Bitcoin Futures Trading"

    Ah sorry I didn't realise what you meant, i thought you meant that sale contract

    The whale did 2 tx's(from the same wallet)
    https://etherscan.io/tx/0xe243a654a0...20546959649fd1
    https://etherscan.io/tx/0x6d1be99e06...c542ca05365d07

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  25. #138
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by Steveshaw View Post
    Ah sorry I didn't realise what you meant, i thought you meant that sale contract

    The whale did 2 tx's(from the same wallet)
    https://etherscan.io/tx/0xe243a654a0...20546959649fd1
    https://etherscan.io/tx/0x6d1be99e06...c542ca05365d07
    Steve I'm sort of seeing it here.

    https://etherscan.io/token/0x1c83501...e0d1610de2cf62

    This is the bigger of the two transactions where 940 Ether changed hands.

    Value: 940 Ether
    https://etherscan.io/tx/0xe243a654a0...20546959649fd1

    There are four smaller blocks going out, can you explain why no value is shown?

    Value: 0 Ether
    https://etherscan.io/tx/0xff85aeaca5...e79d2eb215a1ac
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  27. #139
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    Re: DIGITEX "Bitcoin Futures Trading"

    This is when the whale is sending the tokens back in increments. so there would be no value other than the tokens being sent, the payments back to the whale would have to be in separate transactions

    Payment of 1128.02 ETH for 148,314,000 DGTX was split into 5 transactions:
    1st transfer of 226 ETH from Digitex to whale:https://etherscan.io/tx/0x73472208c3...405f286677b067
    1st transfer of 29M DGTX tokens from whale to Digitex:https://etherscan.io/tx/0xff85aeaca5...e79d2eb215a1ac
    2nd transfer of 226 ETH from Digitex to whale:https://etherscan.io/tx/0x0b563d07e1...3cdd01df043bac
    2nd transfer of 29M DGTX from whale to Digitex:https://etherscan.io/tx/0x76cda20106...cea6617c81fb05
    3rd transfer of 226 ETH from Digitex to whale:https://etherscan.io/tx/0x02101dd5c9...db14ad88d1745f
    3rd transfer of 29M DGTX from whale to Digitex:https://etherscan.io/tx/0x21e22ee4b6...c63329977aff2d
    4th transfer of 226 ETH from Digitex to whale:https://etherscan.io/tx/0x9ad35ec4a0...5a4aee1449fee4
    4th transfer of 29M DGTX from whale to Digitex:https://etherscan.io/tx/0x6797466ac7...19cec7f1fef643
    5th transfer of 222.02 ETH from Digitex to whale:https://etherscan.io/tx/0xc61231bd1b...74d6a76f58fcc2
    5th transfer of 29M DGTX from whale to Digitex:https://etherscan.io/tx/0x7e6dfaddc2...0ff02e0e5f4d29

    As you can see the eth payments go into another wallet(which wouldn't be that uncommon tbh, people generally have multiple wallets or would do at the values of funds he/she is moving). The wallet the eth is sent to dates back around 227 days and has a huge amount of funds moving around in general

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  29. #140
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    Re: DIGITEX "Bitcoin Futures Trading"

    Thanks again, one more question did I miss the transactions showing on this record https://etherscan.io/token/0x1c83501...f103303c385059 ? If you can give me the page number it would be great.
    Last edited by ribshaw; 05-15-2018 at 03:31 PM.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
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  31. #141
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    Re: DIGITEX "Bitcoin Futures Trading"

    Yeah it's on Page 4 of the transactions, about halfway down - 146,752,800.

    Thankfully it was early otherwise I'd have probably given up, blockchain explorers really need a search function.

    Actually figured out an easier way to look, the other one of 1,561,200 is at the very bottom of page 46.
    Last edited by Steveshaw; 05-15-2018 at 03:51 PM.

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  33. #142
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    Re: DIGITEX "Bitcoin Futures Trading"

    .
    Six weeks into public trading it looks like the investors who were willing to cough up $0.01 (one cent) per token have lost 33% of their investment (assuming no fees for selling or conversion to the currency of their choice).

    DIGITEX 07.jpg

    I am reluctant to try and analyze the legitimacy or relative worth of anything that is thinly traded. I have only bought and sold one OTCBB-listed stock in my life due to the potential for manipulation. A quote from the Salon article that Bestbud posted may be worthy of attention in a market where volume has all but dried up completely and the owners of Digitex control at least 30% of the tokens:

    "Beyond bitcoin, the potential for price manipulation is even higher in digital currencies with much less trading volume"

    DIGITEX 08.jpg

    There's not exactly any sign of the DigitexFutures exchange being heavily trafficked by enthusiastic investors dabbling in the futures market using tokens that they were told were worth a penny apiece:

    DIGITEX 06.jpg

    My best guess is that the people that were naive enough to buy these "dreamed up out of thin air" tokens are now avoiding reality and just thinking "I sure hope they go back up again sometime soon".

    67 one-hundredths of a penny ... where are the "bargain hunters"?

    SD

    .
    "No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken

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  35. #143
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by shipdit View Post
    .
    Interesting pattern of updates under the news section of the DIGITEX website:

    December 2017 -- 5 items
    January 2018 --- 10 items
    February 2018 --- 5 items
    March 2018 ------ 2 items
    April 2018 -------- 0 items
    May 2018, so far - 0 items
    Well at least somebody is awake, "at the switch" and paying attention to what they read on the internet.

    "digitexfutures.com/news/" now re-directs to "blog.digitexfutures.com".

    Lots more "news" now available!

    SD

    .
    "No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken

  36. #144
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    Re: DIGITEX "Bitcoin Futures Trading"

    DIGITEX 09.jpg

    DIGITEX 10.jpg

    When these "tokens" first got dreamed up and offered for sale, my impression was: "Wow - invent an imaginary product, declare them to be worth a penny each, then sell 700 million of them to gullible people for a tidy haul of seven million dollars for your efforts".

    I perceived the creators reserving an additional personal pile of 268,750,000 of the magical tokens for their own trading purposes and announcing they they could wave their magic wand at any time to declare the existence of yet more tokens as payment for their services amounting to holding the keys to the imaginary bank - a ripe scenario for a totally manipulated market.

    At today's price of 3.4 cents per token (according to CoinMarketCap) investors would appear to have made a brilliant decision and it would be hard to argue that the boys holding the magic wand have their original $7 million-dollars of real money plus a self-bestowed hoard of their own tokens worth nine million, one hundred thirty-seven thousand and five hundred dollars ... assuming they can sell in an unregulated market.

    According to Similarweb.com, DigitexFutures' website visits are originating primarily from Brazil, Venezuela, Columbia, Russia and Ukraine. The 43% of visitors who do not "bounce" (leave after displaying whatever page they land on) view the page they land on and one more page.

    So what keeps such a seemingly lucrative investment from attracting the interest and attention of sophisticated investors in the United States, the United Kingdom, Germany, France, Italy and Canada?

    Is it possible that a digital token dreamed up and marketed almost a year ago for $7 million that experiences a spike over a two-month period from the middle of August to the middle of October that sees daily dollar volumes equaling 32% of the original capitalization might be the result of a manipulated market?

    Maybe Digitex Futures can shed some light on that for us:

    DIGITEX 11.jpg

    SD

    .
    "No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken

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  38. #145
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by shipdit View Post

    At today's price of 3.4 cents per token (according to CoinMarketCap) investors would appear to have made a brilliant decision and it would be hard to argue that the boys holding the magic wand have their original $7 million-dollars of real money plus a self-bestowed hoard of their own tokens worth nine million, one hundred thirty-seven thousand and five hundred dollars ... assuming they can sell in an unregulated market.
    It would be interesting to see from the block chain who did all the selling at the peak. That not withstanding this market cap is pretty impressive for a run of the mill business. Hope Steve Shaw and those like him took a little cream off the top.

    Market Cap $40,048,411

    Since All-Time High -65.6%

    DGTX.JPG

    https://www.coingecko.com/en/price_c...s-exchange/usd
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
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  40. #146
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    Re: DIGITEX "Bitcoin Futures Trading"

    Amazingly still above the ICO launch price even after this.




    "Price is down -68% in the last 24 hours. It has a circulating supply of 838 Million coins and a max supply of 1 Billion coins."
    https://www.coingecko.com/en/coins/d...tures-exchange


    Cboe to stop listing bitcoin futures as interest in crypto trading cools
    https://www.cnbc.com/2019/03/18/cboe...ing-cools.html
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
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  42. #147
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    Re: DIGITEX "Bitcoin Futures Trading"

    So let me get this straight. Everything that is wrong is a bug, but then it's not a bug because Spotware says it is not a bug. It is a deal breaker but it is not a deal breaker, we can still launch but it will take 2 months to fix the bugs that are not bugs. But now we are going back to the original in-house development that was going to take too long to launch and delay the launch for up to 3 months. Did I miss anything?

    Anyone want to bet that this doesn't launch in 3 months?
    Last edited by EagleOne; 04-29-2019 at 12:59 PM.
    EagleOne
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com

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  44. #148
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    Re: DIGITEX "Bitcoin Futures Trading"

    I'd say they know their customer very well, people that don't know the definition of trustless.


    Digitex Futures Exchange
    March 10 at 4:11 PM ·

    We are now officially a no KYC exchange. All you have to do is send #ETH to the #Digitex Treasury & you'll automatically receive #DGTX in your wallet. It's a fast, easy & trustless transaction! We're making zero-fee #trading that much better! #DFE #Futures
    Digitex Futures Exchange - Home | Facebook

    Market Cap $19,513,695
    All-Time High $0.162694 -85.8%

    Digitex Futures Exchange (DGTX) price, marketcap, chart, and info | CoinGecko
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  45. LMAO Soapboxmom LMAO
  46. #149
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    Re: DIGITEX "Bitcoin Futures Trading"

    Quote Originally Posted by shipdit View Post
    .
    Six weeks into public trading it looks like the investors who were willing to cough up $0.01 (one cent) per token have lost 33% of their investment. (assuming no fees for selling or conversion to the currency of their choice).

    ...

    My best guess is that the people that were naïve enough to buy these "dreamed up out of thin air" tokens are now avoiding reality and just thinking "I sure hope they go back up again sometime soon".
    Had to follow up on this one on a whim today. How are all those fine folks who coughed up a penny a piece for those fine "digitex tokens" doing with their "investment" these days?

    zv007f.jpg

    They've lost 71% .

    I imagine that the manipulators who pumped this sh!tcoin up to the various highs before dumping did quite well,

    The Ponzi promoters who raked in the 30% referral fee probably laughed all the way to the bank as well.

    DIGITEX futures? Don't make me laugh!

    DIGITEX past? Pretty obvious.

    SD

    .
    "No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken

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  48. #150
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    Re: DIGITEX "Bitcoin Futures Trading"

    Holy mackerel, how time flies!

    It's been two years since we last checked in on the exciting world of "no-fee futures trading" featuring Digitex Tokens.

    First order of business: right at the top of the CoinMarketCap chart is a prominently featured notice that reads:

    "DigitexFutures was rebranded and is now known as Digitex Games"

    Huh? I won't waste any time trying to track down the details behind that story. I am more interested in how the suckers that bought in to this when a billion tokens were magically created and 700 million of them were advertised for the low, low price of "only" one cent each.

    The good news is that there is still a market for DGTX; trading volume in the last 24 hours was $1,597.
    The bad news is that if you spent $1,000 buying these things when they were first offered at $0.01 your Digitex holdings are now worth:

    $6.42

    Yes, that is six dollars and forty-two cents!


    SD

    .V - 261.jpg
    "No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken

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