Post
Topic
Re: [ANN] eBTC | The New (ERC20) Bitcoin
by
ufcivil
on 05/11/2017, 21:25:55 UTC
I don't understand what do you expect to accomplish with this post? You have to talk trash about other tokens so that everyone buys your token? Don't you think that is saying something about your token?

Nope. I owned MANY oldebtc before it was exposed as a BIG SCAM and got financially burned by it, like MANY others. So, onward to the next Tokens, like BTCE and others.

Simply giving people heads up not to get into the BIG SCAM oldebtc or newebtc, that's all, as MANY people still don't know what happened and they are being lied to continually about oldebtc and newebtc which is not even true, as they are merely 2 different contracts with the same name, and there was never any legit swap, as such can only take place if the oldebtc is deleted off the blockchain which it NEVER happen as it's on the blockchain forever and why it still trades today. So many lies and deception with oldebtc and newebtc which are both BIG FAT SCAMS!

You'll here many more people crying about not getting any newebtc tokens on the board in the future too, knowing they were lied to BEFORE the swap, so insiders could pump up oldebtc one last time to .20 cent range to have their one last DUMP!

either you are uninformed or you are lying.
The swap was to fix a bug. Those who did not receive their tokens did not follow directions. It was 98% successful. HitBTC who is a major player (unless you want to call them scam as well) had this to say about the swap:

HitBTC announcement on eBTC token contract swap
November 1, 2017
Dear traders,

We are striving to be at the forefront of volatile cryptocurrency world and provide you with the most advantageous updates, which tend to follow the certain events in the crypto community.

EBTC project has published an important announcement for eBTC token holders recently. They have located an error in the original eBTC token contract. To fix it, they have decided to implement a new smart contract, e.g. create a new token. After that, the goal is to credit eBTC holders with the same amount of new tokens as they own of the current flawed eBTC token at the block 4462000.

According to their announcement, the only way to receive new tokens was to withdraw the old ones from exchanges and to store them on the private wallet. Those eBTC holders who had missed the announcement, are assumed to miss the opportunity to receive new tokens. We are proud to state that we have taken care of it for our respected traders.

We’re taking these steps:

Current EBTC trading is temporarily suspended, withdrawals are also kept on hold until November 2nd, 11:00 UTC
By that time current EBTC ticker is going to be changed to EBTCOLD
At 11:00 UTC, Nov 2nd EBTCOLD trading and withdrawals will be enabled
By 18:00 UTC, Nov 2nd all our traders will receive the same amount of new EBTC as they had EBTCOLD at the block 4462000
At the same time new EBTC trading pairs will be launched, titled as EBTC


So you see my dear it's work in progress. A swap is not easy. Ask the people of VsyncXVS about it. You're always going to get a group who missed the swap announcement calming they were scammed. It's unfortunate but luckily for eBTC investors HitBTC is going to honor the oldeBTC, other exchanges like etherdelta can't do that so people who didn't swap lost their money.

That's a great explanation.