Quote from: TheQuin on December 01, 2017, 01:35:11 PM

Quote from: dhamijad on December 01, 2017, 01:26:48 PM

garytheasshole, You are deferring me to a different solution, when I am simply asking if they have any plans to update the exchange rate. Please focus on the inquiry instead of giving me information I already know.

garytheasshole was giving you the only solution available as he probably read the response Myfe already gave in the other thread.

Quote from: Myfe on November 22, 2017, 08:18:10 PM

Quote from: merc1969 on November 22, 2017, 04:54:04 AM

I have been posting regarding the discrepancy in the exchange rates . Now that you brought it up here , let me re-question your rates.

1. Why are you giving the customers a ridiculously low exchange rate ( 40% lower than the current market rates ) ? ( .032(market rate) v/s 0.019 (your rate)
Note : rates today =0.032 BTC / BTG ( as on Nov 22 0400 UTC - source : https://coinmarketcap.com/currencies/bitcoin-gold/)

2. Why have you pegged the rate at a constant 0.019 BTC/BTG when market exchange prices are not ?

We offered the BTG exchange on Nov 20th in the early morning, at the time BTG was worth BTC0.015. So we actually offered the BTG conversion at a rediculously high 30% greater than market value.

Since that time BTG has doubled in value, maybe on our news (?!).

We're not a currency exchange, we don't offer dynamic conversion rates for alternative currencies. What we do is honor hard fork airdrops for our members and daily interest on balanced, which is more than every other Bitcoin wallet in existence!

Thanks, TheQuin. I had actually read this thread before I posted, and I somehow missed that information. I guess I forgot to check the other threads. Thanks for your information. I'm still curious, whether freebitco.in will update the rate at least once before the cutoff in January. Perhaps Myfe can comment on whether they will be updating the rate before January. If so, how many times.

dhamijad

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