Bitstake Weekly Update: Week 4
We would like to apologise for moving the release date for the platform linked exchange, lending and SMS Wallet. Last week development was disrupted with emergency meeting with bitstake management team.
1. A new date will be announced next week.
2. We like to make it clear that XBS is a cryptocurrency while Bitstake is the platform where users can lend, exchange and open an account with interest earnings. Bitstake was structured to combat banking system with a platform powered by bitcoin protocol.
3. Monitor the twitter account for constant update from the bitstake team and tweet us your questions.
This week recap:
1. We released the screenshot of the lending platform after successful testing.
2. The release date was missed.
Thank you all for supporting the first innovative staking mechanism platform providing users with convenient ways to earn interest on their online account.
Emergency meeting?!?
Shouldn't you guys be meeting on the reg anyway? Not sure how one meeting would hold up the entire show.... this deserves more of an explanation imo! Basically, you said nothing in your development update, as a single screenshot doesn't mean jack as far as legitimate progress goes!
Like I said yesterday, don't be buying XBS if you're not planning on losing the BTC..... there are quite a few scamalicious attributes to XBS, as it stands now.
Sorry, we can't give you any explanation about the management meeting. We tried to explain in the update that the coin and the platform are separate. Basically, we have nothing to benefit from the price increase of xbs on the market, since have no premine or have ICO investors to pleased with high ROI.
What we are building here is a tech that has the chance to change the banking industry.
