Novaexchange

Camey
Archived posts: 12
Joined: Sep 22, 2017

Novaexchange

by Camey · · Post #13768

Hi All, random request, but does anyone still have coins on Novaexchange (BTC; LTC; or ETH) that they willing to sell to me as I cannot transfer anything into my account anymore? Also could you provide suggestions as the safest way to go about doing this transaction?
AppleMiner avatar
AppleMiner
Archived posts: 715
Joined: Sep 30, 2017

Re: Novaexchange

by AppleMiner · · Post #13818

Nova is basically shut down, nothing new can get in and by this time a lot have taken all they have out of it.

There will be some folks with a BTC sitting there waiting for the fire sale come january and flip it for a ton.
But thats risking a BTC you may never see.

I got my stuff out of there before the end of Nov. Shutdown deadline.
Aura89 avatar
Aura89
Archived posts: 207
Joined: Oct 02, 2017

Re: Novaexchange

by Aura89 · · Post #13852

AppleMiner wrote:Nova is basically shut down, nothing new can get in and by this time a lot have taken all they have out of it.

There will be some folks with a BTC sitting there waiting for the fire sale come january and flip it for a ton.
But thats risking a BTC you may never see.

I got my stuff out of there before the end of Nov. Shutdown deadline.
what is a "fire sale"?
AppleMiner avatar
AppleMiner
Archived posts: 715
Joined: Sep 30, 2017

Re: Novaexchange

by AppleMiner · · Post #13865

A fire sale is the sale of goods at extremely discounted prices, typically when the seller faces bankruptcy. The term originated in reference to the sale of goods at a heavy discount due to fire damage. A fire sale may or may not be a closeout, the final sale of goods to zero inventory. Fire sales are said to occur in the financial markets when bidders who value assets highly are prevented from bidding on them, depressing the average selling price below what it otherwise would be. This lowering of the price can cause even further issues because it may be inaccurately perceived as signaling negative information.[1] -Wiki