Is this the new Bitcoin Latina?

Man I remember that shit show of a project!

I hope this one goes better!

Yep, i have some coin that i would like to exchange as well.

I wish we could get some idea of whats going to happen.

I just wanna know will they do another swap, I have some coins I didnt transfer over.

You mean to say, John Gotts did something unethical.......nooooo say it is not so.........

I think the entire ethash mining community seen this shit coming.......maybe they knew shit coin when they smelled it?


https://i.imgur.com/Hv9dNDP.png

HA omg lol lol

So what if we have BCL in our wallet still and missed the deadline......can we at some point in the future exchange it ?

BCL team lets "I got an idea, lets make our own cryptocurrency"

......some time later

What do you mean mined coins only cost miners pennies to mine.....and they are being mined so fast....

John Gotts, "whats this mining stuff you speak of, oh god my tokens value is shit"

BCL Team "Its the miners sir we have to stop them"

John Gotts......This means war.....What do you mean they can mine my coin....

Tim, "Well you see sir we cloned eth and that means it is pow so it can be mined."

John Gotts......Tim you're fired how dare you allow mining.

John Gotts.....My precious all will bow before the great coin maker his name is John Gotts mumumuhahahahaha

.........Miners....This guy is crazy.....lets teach him a lesson.......

Here is a snip from Telegram

John Gotts:
My belief is still that mining may cease at 11:59pm EST Sunday.

People will be asked to fill out a form to return 100% of their coins from Clavis, to be reissued at BitShares, where there is a single BCL token, representing mined, founding team and volunteer crypto.

If mining halts Sunday night, until voted-in witnesses are put in place and the new software is ready, those BCL tokens represent a finite number of coupons for the  EOS-based blockchain when its available, which may be sooner than later, perhaps in weeks.

Until then the coin will be on BitShares as BCL, waiting for the 1-1 swap for the new Blockchain crypto.

Mining would continue through 11:59pm Sunday EST and return & re-issuance would occur exactly as before, over a 24 hour period.

Interest has been expressed from a person/group of miners who would like to take over the old chain sort of like Ethereum Classic and if they do it will be without the pre-mine and without any who wanted to move to the EOS-based chain.

Our focus is blockchain-agnostic. We are moving to the best blockchain software available and I’m excited for the move.

I will discuss this and more in a video today after our final team meeting in the topic.

I will scroll through Telegram for your thoughts on this final move.

I also hope that answered some questions.





-------------------------------------------------------------------------------------

He honestly doesnt realize he cant stop mining LOL what a retard......no im sorry i take that back as retards would be offended by being compared to John Gotts.

So....let me get this right in my brain here...

1. BCL released a token that was forked from eth and put that token on bitshares at 70 BTS per bcl and sold alot of it

2. They knew it was minable......but didnt realize how easy and cheap it would be to create new coins?

3. Did they never intended to use the mined coins??

4. Did they think mining would be harder?

5. How can a team in crypto be so ignorant when it comes to mining???

5a....anyone that has ever mined for any amount of time will tell you a new coin is easy to mine and cheap!!!!

6. Do they really think they can control the price at 70 bts when miners get the coins for pennies?

7. They dont even need the blockchain at all, they premined 1 billion coins to use as "tokens"

8. Why use eth as their coins base, did they not know it was going to be mined?

9. Is John Gotts a little.....simple in the head?

10. AND they fired Tim, that was stupid

If you have BCL in your clavis wallet it is there until the CEO allows you to transfer, currently the only way to transfer from clavis to bitshares is 100% at the discretion of the CEO

By his grace alone are we allowed to mine his coin, it is by his grace and mercy we are given the honor and virtue of being a part of his coin.

WE THANK THEE OH MIGHTY CEO SHALL YOUR PRAISE BE EVER KNOWN!!!!!!!!!!!

Everyone sing

"Oh praise the mighty ceo for his is the only coin, we thank thee oh mighty ceo thy grace is ever present........."

It is by your hand alone we are honored with the coin.

Let us pray.......

No one does this, not a single coin I have ever heard of does this. You're asking miners to send you, in good faith, a non-reversible transaction and trusting that you will honor the 1:1 exchange. While I do not speak for everyone......I find this highly suspect and this issue should have been addressed prior to the launch of the coin. I mean....did you all really think....I mean really think miners would mine for months and months and not want to sell? Further, did you really think so many coins would not be mined? And the only reason you're moving to EOS is you hate that miners can get your coin for pennies, it literally costs pennies to mine a single coin. Which investor bought for 60+ bts per coin prior to mining and I bet they are PISSED!!!!!!!!!!!

So, you have a real issue on your hands.......

1. You create a mineable coin/token ---- Made its value approx. $15 per coin/token
2. Sold investors on your coin/token at $15 a coin/token
3. Miners came in and the instant you realized....oh shit.....the coin/token is costing them pennies to mine.
4. You then realized the moment those 1 million+ coins hit the market.....EVEN IF, they sold at 30 BTS per coin....A HUGE PROFIT for mining
5. It was going to crash your market

Now here's where you went wrong, your team pissed off A LOT of miners.

Had you not banned every single person that had any question about your coin/token/foundation, shit would have gone smooth as silk. We would have been happy to put our coins up for 60+ BTS no issue. Problem is you pissed off miners......we will sell every coin we mined at cost....maybe a little more......guess what happened......well you don't have to you can see the value of BCL.

The only reason you want EOS is so you can remove cheap coins from your market.

What you should have done is not copy and pasted eth - you should have built in diff spikes and or increased the block time / reduced coin reward to more closely match the results you expected.

You guys have a team of business minded folks totally respect that 1000% and I am sure you guys kill it in the business world, but as I said before miners are a fickle group of people. Sure, a lot of people in the crypto industry are business minded but very weary of anything that even seems a bit off.

Oh, sure you will have miners no problem but the real miners, the BIG players with 5+ GH/s farms......you will not get many of those.

You know what though, I could be totally wrong. I have a bit of BCL that I will be holding and I hope that come June I will be able to sell it for 100 BTS each. If that day comes and is a reality great!

Still does not negate all that has happened these past two weeks.

If you think you can hide behind the safety of Telegram and ban all that dare enter, that's on you. But here, on this forum.....You can’t silence us. This is where we live BCT Forum is home!