Post
Topic
Board Announcements (Altcoins)
Re: [ANN][UBQ] Ubiq - Smart Contracts For An Automated World
by
Haterreact
on 26/01/2017, 06:41:10 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?
Thats actually upto traders ,  my opinion is, UBQ is new coin so its price neces won't be 1/10 th of JBS. The hard work of devs should reflect in UBQ price.