Hi. i have 80K+ Pacoin on cryptopia and i leave it there. but now when i open my account again i have only 87 Pacoin? any info??
The old total supply of 100 trillion PACcoin has been reduced via an RCO (Redemption Coin Offering) offering one new $PAC for each 1,000 old PACcoin.
Because they ripped you (and anyone with old PAC) off:
they divided all coins by 1000, which resulted in the value dropping to 10% of what you had before in value (your $1000USD worth of PAC are now only $100 USD worth of new $PAC)
Well played, and great way to punish old hodlers! ...if we would have sold before this swap, we would have saved 90% - this is now lost!
As mentioned here
https://paccoin.net/wp-content/uploads/2018/01/Fork_Redemption_Guide.pdf Where is the "whole host of benefits" then??
"one new PAC for each 1,000 existing PAC, with each new PAC worth 1,000 times the original PAC." ? ...you mean each new PAC worth 90% less the original PAC!
Yes, this seems to be all what matters "makes PAC more attractive to new exchange listings, which is our focus for 2018"
Who cares about old Hodlers who had PAC for ages?
Disappointing!