Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PSB] Pesobit, the currency for remittances and international cooperation
by
bitwarrior
on 22/07/2017, 06:43:55 UTC

The 10 Million were already hacked which corresponds to the missing 10M PSB on the online wallet, and as you say there is a 10 Million coin in circulation a total of 20M, since you will be creating a new wallet with a new blockchain then why not put up with 20Million instead of 30Million?  The missing 10 Million on the online wallet will be easily replaced automatically.. the remaining 10M which are in circulation will be the one to be for the swap.. so where is the other 10 Million PSB going?

Your numbers don't add up.

the 10 million hacked PSB were instantly sold to exchange markets, they were not anymore in the online server, the hacked coin were responsible for the big drop in price from 10k to 300sat; people bought coin which belonged to someone else. At the same time the online server still told users their balance, which was wrong.

it breaks down like this:

10 million PSB outside online wallet already

10 million PSB in online wallet (but online wallet has zero, since it was hacked)

10 million sold to markets outside online wallet from the hack.

so essentially a new coin (Pesobit 1.1) had to be created with 30 million and change, as money base.



10 million sold to markets outside online wallet from the hack ( we already know this to be gone for good ) So why we should we bother to replaced that amount anyway with the new wallet?

The 10 Million PSB on the online wallet can be replaced with the 10M from the new wallet of PSB .