Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] BITBASE Escrow Technology Changing Smart Contracts as Whole
by
unlimitedtires
on 05/11/2017, 21:57:13 UTC

Windows QT + Source - https://bitbase.io/bitbase-BTBc-Source-and-QT-wallet.zip


Due to Source Leak We Had Many miners Mining from Day one! flooding the Bitbase Coinexchange Market Place and Dumping Massive amount of BTBc On Daily Basis causing the value to drop all time low. I will be launching a new coin with a new website and transferring all members onto the new platform a new coin.All user funds are safe.

Next step will announce new coin new website. Users that already invested will receive tokens . There will be a pre ico just that we can buy time in restoring account from bitbase to new domain.. Basically we are switching coin name. There will not be any token sale

Coin has been created, Coinmarketcap should be available in 2 to 3 weeks and will focus on our own exchanger.

All i ask is stay calm as i know this is a breaking news for all.

Regards

Yakov Fabrizio
What about coins on coin exchange.io? Will they be swapped too?

Currently Yakov has made several mistakes, I do not think he wants to continue committing more in the future and especially if he intend to run a business seriously.
If he only swaps few coins and does not swap ALL EXISTING COINS, leaving out people who bought the coin in exchanges or who bought it on their platform and sent it to exchanges.. (that legally is the same thing where people buy it, since he enabled the door to coinexchange and the people paid for it)
Leaving those people out would be a big scam. That would be a scam on a large scale that the FBI would surely take very seriously... it would end up as the owner of MT Gox.
That is why I believe that he will do the right thing this time and swap all the existing coins.

Do you understand that it will mean the end to the project right?

You knew that the project is over!  Right now the project does not exist anymore, that's why he apparently wants to start over.
It does not matter what happened with the mining or any other problem that he has caused due to negligence or lack of knowledge. Any problem he must take charge, because he received money in exchange for his coins at the ICO and in the exchange (because he sell coins at the exchange before anybody can withdrawal coins from their platform). It is his project and he is directly responsible.
There are many people who invested money, some more, others less, but that does not give more rights to any person over the others, they are all the same coins.
Some people bought very cheap in pre-ICO, others bought cheap in the ICO and others bought very cheap in the exchanges .. what is the difference between them?

Also, you analyze this:
If he were not going to make a swap with all the coins that are outside the platform, so WHY he would offer a wallet and tell the people to have send their coin from the exchanges to that wallet?
That's why I think he will make an swap with all the existing coins as it should be.