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.
You paid too much for the old PAC. The price of any coin in BTC market cannot be lower than 1 satoshi. However, it does not mean that the real vaule of the coin is 1 satoshi. You should have used some other market, like DOGE. You could have bought old PAC at much lower price.
Its a bunch of crap, the coin can be lower ofcourse it can. The Doge/LTC markets on Cryptopia dont exist anymore. Just before the whole fork thing they started trade on the Cryptopia BTC market, people started buying the coin gained 800million usd on coin marketcap in a few days. Then you say well you should have bought at a lower price then 0.00000001 btc, thats rediculous, if that were the case they should not have started trading on the btc market. They made a commitment, that commitment was 1000 to 1 in the coins and 1 too 1000 in value, the value of my pac was 0.00000001 untill yesterday. There was no notification that the value was lower nor was there anything about this in the communiques from PAC or Cryptopia.
I state from their email about the fork:
We will be halting the PAC/BTC market sometime in the next few days. If you havent cancelled any open orders by the time this happens then we will cancel them for you
The old wallet will be decommissioned and replaced with the new $PAC wallet. While this is in progress we will be disabling deposits and withdrawals. Please DO NOT send any PACcoin to your Cryptopia wallet effective immediately.
Any confirmed balance of PACcoin you have on Cryptopia will be swapped 1000:1 or 1000 current PACcoins for 1 new $PAC on the new blockchain.
The new $PAC will be listed on Cryptopia once we have completed the balance transfers
Where is a warning about the value being less then 0.00000001 sat?
The value of my pac wallet yesterday was: 0.04376469 today it suddenly is: 0.00912853.. Seriously!?