Quote from: jl777 on September 23, 2014, 07:21:58 AM

Quote from: patmast3r on September 23, 2014, 06:39:26 AM

Quote from: cryptodevil on September 23, 2014, 05:55:21 AM

Quote from: jl777 on September 22, 2014, 05:54:13 PM

as soon as the SuperNET asset is distributed, TOKEN loses all value so I strongly advise to remove any TOKEN bids in the AE after 1400 GMT on Tuesday

James

This needs to be more prominently visible in order to avoid people claiming they weren't informed and bought cheap after the deadline thinking they'd picked up a bargain.

Perhaps also have the exchange screens display it.

I don't even understand why they lose value in the first place. If TOKEN has to be redeemed by sending them to an address I can send a TOKEN that I bought at anytime right ? So why would unredeemed TOKENs ever lose value before the time limit for redemption (I'm guessing there will be one) ?

due to this we will be implementing an automate TOKEN <-> SuperNET redemption address. just need to send the TOKEN to that address and it will send back a matching amount of SuperNET. valarmg is not sure he will have this ready by Thursday, so there could be a bit of a delay for starting trading, but it seems worth it to avoid any confusions

after the initial voting, TOKEN wont get any more voting rights, it will only be if you have the SuperNET. Also any dividends due to the SuperNET will not go to TOKEN, so it is vote less and dividend less. Hopefully people will redeem the TOKEN pretty quickly

James

P.S. this is not a problem for bter TOKEN as 100% will be automatically exchanged

Just to be 100% sure, this means that we can still buy TOKEN on the AE until Thursday around 12:00 GMT and it will still exchangeable into UNITY correct? The only difference being that now we are buying on the secondary market rather than directly from James.