Quote from: mitchr4 on June 15, 2017, 09:45:42 AM

Quote from: Marina_T on June 15, 2017, 12:19:02 AM

Quote from: mitchr4 on June 14, 2017, 10:11:36 PM

Quote from: brian_nguyen on June 14, 2017, 10:03:28 PM

Quote from: mitchr4 on June 14, 2017, 10:00:02 PM

presale ended around 2800 price is now 2400 that a 14% loss on the 33% of refunded coins, because they now have to return 14% more coins to the presale buyers at 2800... thats a pretty chunky if btc doesn't rebound before the crowdsale

They probably just return 33% of the coins received.

right, but if those people paid for civic at the price of 2800... you think the team is going to fuck those people and return the coins as if the price is still 2800 even though its dropped to 2400? That would be pretty fucked up.

Refund is the same currency that pre-sale purchasers paid, e.g. BTC or ETH. We got no pushback on this so seems like most users are ok with the exposure to the same currency they paid with.

Wait so you're going to give back 33% of what was paid at the price of 2800? Because that would be horeshit. I don't mind getting back btc, but it should be at the current price, because we were asked to pay 50 grand worth of btc for the presale. You're seriously going to keep the price pegged at 2800 for the return of the 33%?

I see your point and they have to figure something out, perhaps some compromise. We did have BTC/USD ratio at 6:00AM on the day of the contract.