Post
Topic
Board Announcements (Altcoins)
Re: [ANN][UBQ] Ubiq - Smart Contracts For An Automated World
by
Digital_Currency_LTD
on 26/01/2017, 06:38:32 UTC
why bittrex say JBS balances will be swapped at a rate of 1 JBS to 10 UBQ, I think JBS balances will be swapped at a rate of 10 JBS to 1 UBQ.
Where do you think is right?

Both Bittrex and this ANN indicate the coins will be swapped at 1 JBS to 10 UBQ.  If you have 100 JBS, post swap you will have 1000. 
so if the price is now 1JBS = 26k and after the swap price will be 1UBQ = 2600, right?

We don't know what will be the price. But there will be 10x more coins than now. But the technology is changing, new features coming so the price could be 2x-3x than 2600 sathoshi.