Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] BITBASE Escrow Technology Changing Smart Contracts as Whole
by
quaxxii
on 06/11/2017, 11:49:02 UTC
Make it 1:1 then a fair deal

Example:

People spend $1000 in ICO at 1$ to get 1000 Token/Coins

People go now to Coinexchange to spent $1000 and get 33333 Coins

Now These People can swap those 33333 1:1 to new coin. This is fair to you?

Example:

People spend $1000 in ICO at 1$ and get 1000 Token/Coins.

People went to Coinexchange and spent these 1000 Tokens to receive 6000 Dollars.

Now these people who spent them receive new tokens worth $1000 Dollars PLUS they have 6000 Dollars in their pocket because they sold their BTBc.

Is this fair to you?

If you consider it unfair, go to Coinexchange now, buy a shitload of BTBc and be one of those who take the risk that these BTBc remain worthless. This is the price of the game. HIGH RISK, HIGH REWARD. You seem to be a LOW RISK guy, so you deserve LOW REWARD.

Nobody in the bitbase community was able to withdraw at a Price of $6 - it took up to 24 hours till coins arrived at coinexchange - by that time the Price was already heavily dumped. Stop making this crap up. I spent plenty of Money and went on hardcore promoting during ICO (Team of 800) - so I dont consider myself low risk, but whatever, you guys have it your way.
Look
This is wrong. According to coinmarketcap BTBc has a total supply of 20 Million. According to Yakov 5% of the tokens (which is 1 million) left the platform. Look at the size of the sellbook, his numbers are inaccurate. And these numbers WHERE inaccurate the whole time, the sellbook was never smaller. Neither was it only 5% but more, nor did the miners mine a whole million in these couple of days.  There are people left behind here and we are talking about figures that are not true. And you know it. This is not Yobits fault, there was more going on in the background.

At the end of the day, the CIRCULATING SUPPLY should stay the same. If some people where able to sell all their BTBc on the exchange (which I am sure of), these people should not get the additional coins. IN the same run, other people have to fill the same amount of coins that were sold to keep the CIRCULATING SUPPLY the same, and this requires a 1:1 swap.

Either way, your efforts for this community will not be affected by such a swap if you understand the MATH behind it.