Quote from: Gatekeeper on July 03, 2017, 06:20:17 PM

sorry if it's been asked before but it's a long thread.

If you sell your GB to the chat bot for BTC how does it work? I ask because if 500k btc have been linked for the next air drop how would the bot handle a ton of sell requests, do you get a set price? If the bot is linked to an exchange there could be crazy slippage with so many new GB coming on the market. If 5k btc is sold to the bot then where do those BTC come from?

I ask because I want to sell to the bot rather than send them to an exchange but I wonder how it's all setup to handle such volume from the air drop and where the btc come from. 500k btc linked would be about 11k btc worth of GB.

BTC is not sold to anyone, it's only linked.
If you can prove you own a certain BTC address, then the coins in that address can be linked.
that's all, the BTC stay where they are, nobody takes them. The owners keep their BTC and also get free GByte.

You can buy GByte for BTC in exchanges though, and get more GBytes than by just linking your BTC, but obviously you would not keep your BTC that way.