Re: [ANN] BIT | MONEY V2 - PROJECT PHOENIX | MASTERNODE | POS | COMMUNITY DRIVEN
Why not notify Bit V1, 210k Masternode owners of the swap. It took a lot of research for me to find you guys after contacting Crex24. I didn't know anything of a swap being offered for Bit Money.
I guess the point I am trying to make is why connect this coin to the original Bit Money coin and then basically make Bit Money masternode holders feel duped.
The swap to me was done under handedly becuase if you swap a coin and put so many restrictions on it.
For example, Bit Money was down on Crex24 maybe it was the withdrawals only that I am not sure of. Once it came back up I guess it was then Bit Money Coin(your new fork).
So, to make a long story short all Bit Money masternode holders problem was not solved with the solution and were basically ousted like a hostile takeover. This is the first time I've seen a coin swapped done leaving fellow investors to fend for themselves.
I guess the point I am trying to make is why connect this coin to the original Bit Money coin and then basically make Bit Money masternode holders feel duped.
The swap to me was done under handedly becuase if you swap a coin and put so many restrictions on it.
For example, Bit Money was down on Crex24 maybe it was the withdrawals only that I am not sure of. Once it came back up I guess it was then Bit Money Coin(your new fork).
So, to make a long story short all Bit Money masternode holders problem was not solved with the solution and were basically ousted like a hostile takeover. This is the first time I've seen a coin swapped done leaving fellow investors to fend for themselves.
wait this one bitmoney?why it's said phoenix?im confused here. i this phonix coins....
Hey, this is the new Bit Money. The Project name was given Phoenix only. To help differentiate from the old and of course represents the new birth of the coin
As far as a swap. That was done as a courtesy for all participating and available members in the new Discord server by the new dev team. It was done in good faith from the community that they would take and reinvest those swap coins into the new Bit Money project Masternodes. Which most did. Just a reminder that the old Bit money (V1) had fallen basically to zero value.
An announcement was made immediately on the old BCT ANN directing users to the new discord server and take over. It was heavily discussed by all members for a week before a limited swap for 48 hours was agreed upon. Crex continued to host the old V1 for another week beyond that, before the swap was done to be fair to all coin holders there and others. But only was done on (Crex) after efforts to reach out to the old dev "Jacob failed" who had abandoned the original project.
Please read "the story" as it should help shed light on what has happened and why.
https://bitcointalk.org/index.php?topic=5048071.msg46807993#msg46807993PS: You can still get in on a masternode very affordably right now! Currently we have 283 MN's after the first step increase collateral, which is viewed as very successful
https://masternodes.online/currencies/BIT/
Thanks!