Re: [ANNOUNCE] paccoin a new SHA256D coin is being introduced
i bought 1 000 000 PAC for 0.01 BTC
After swap 1000 PAC cost 0.001 BTC
What s wrong with my math, and why people selling ?
After swap 1000 PAC cost 0.001 BTC
What s wrong with my math, and why people selling ?
From what I can see:
You bought 1M old PAC at 0.00000001 BTC (or 1 satshi), costing about 0.01 BTC
If you sold 1000 new $PAC Market price @Tradesatochi, now 0.00000225 (or 225 satoshi), you only get 1000 x 0.00000225=0.00225 BTC.
In short, Your total holding value dropped to 0.00225/0.01 or 22.5%.
For a better price, you have to wait.
What was promised was the price going up x 1000, if i bought 1000 old PAC against 0.00000001 satoshi the value would be 0.00001000 sat. When the fork happened that should have become 1 $PAC against 0.00001000 sat. There was no discussion about this taking longer or it would happen on the long run because the coin would rise in value.
Long story short, this is a scam and not a small one too. I have lost 0.035 btc on this too and i feel like everyone else. If this is the start of the new $PAC then this is a bad start, your reputation was already poor it will become worst. I feel screwed after waiting for 2 months, this is very bad!