Post
Topic
Board Announcements (Altcoins)
Merits 4 from 1 user
Re: [ANN] [GEO] GeoCoin | GIS & GeoTechnologies
by
NutMasterTardd
on 19/03/2018, 17:26:18 UTC
⭐ Merited by YoggYogg (4)
hey mates, I have some GEO on yobit, I was out of trading for some time and there was a swap. Is it possible to make a swap manually by sending coins to devs or somehow in a different way?
Unfortunately if your coins were on Yobit at the time of the swap, you won't possess the appropriate private keys for the wallet required to prove ownership with a manual swap claim process.  The Yobit exchange is still operating on the original blockchain which is now considered developer abandoned.  Any coins remaining on Yobit can not be supported on the Ubiq Network.

Have you guys heard about normal swaps procedures??? With normal devs I have swapped coins even if they are stuck on some shady exchanges. Just needed to prove that coins are there and that's it. Now you just cut off quite big part of your investors and put YOUR responsibility on investors. To be honest I am really shocked about things like this, cuz I can prove that I had GEO coins on yobit far before snapshot, I haven't bought them after news on a cheap price.
With moves like this you are losing investors and trust. And I guess everybody knows what happens with community and investors abandoned projects. I put your coin out of our investors group list.

As crap as it is for those that have missed it, the swap was a slow process and announced 6 months prior to the swap actually happening which in that period the devs stated many times what exchanges would participate. If people don't keep up to date with what the devs are doing then isn't really their fault at all, If anyone is to blame is it the exchange that chose not to participate in the swap. Also If you really didn't bother doing any research on what coin you hold over a 6 month period it seems like this is something you could have prevented with very little research, even say 5 minutes just reading this Bitcointalk thread.

I wouldn't say they are losing investors and trust, if anyone doesn't regularly follow the projects they buy into and keep up to date that's their own fault not anyone else's.