Quote from: manchester93 on September 05, 2017, 06:56:02 PM

Quote from: cryptomole on September 05, 2017, 11:08:20 AM

I assume fiat balances will be converted to coin on 15th?
If the value of coin is higher on 15th than now the conversion will result in less coin.
This should be compensated by the increase in the 55% that they intimated, but it all seems a bit vague.
Currently for those optiong for a refund timing is quite important...

I don't think fiat balances will be converted. I think they plan to offer some limited fiat withdrawal options (even if only cash by courier or something). This is supported by the fact that they are offering USD/USDET markets. That's why staying until the 15th is unattractive for fiat folders. I'm not sure if their USD markets will reflect the real value of USD.

Thanks for the clarification.
Thats really crap!
They will be losing some potentially loyal customers by driving them away before the 15th.
It seems their current refund option is better than the uncertainty of waiting.
It would be fair enough if their tokens were like tether and tracked the usd price but the chances are their value will drop while crypto rises...