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And just so everyone knows..
When the swap goes down, we'll be posting everyone's userid (not username) and balance, so the entire thing is as transparent as possible
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Interesting. So you're not going to merge MMXIV in as well?
Nope. MMXIV is still good on its own. It's also on CoinPayments already, so we are going to use that as the merchant token moving forward |
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Ok if you have 10K or BALL on BTCPOOL.EXCHANGE
This is what will happen
1 Your account will be transferred to the new GorillaEx
2 Your 10k and your BALLS will also be transferred at the same time
3 We will tell you when you can login to your account on the new exchange. (if you have 2fa on your account this will be disabled for the transfer)
4 You will need to go to deposits page and get a new deposit address
5 We will give the total of 10k / BALLS in both wallets to SPOTS.
he will tell us the ratio to use so
50k TEETH have to be split between all the 10k deposited
50k TEETH have to be split between all the balls deposited
6 We will then transfer the new coins into your TEETH account.
7 Job done
I will post more information soon.
Thanks so much for the replies guys! When you say, "if you have 10K or BALL on BTCPOOL.EXCHANGE, your account will be transferred to the new GorillaEx" do you mean this will happen automatically or do you mean at some point I will have to transfer my coins to a wallet that is hosted on GorillaEx? I just want to make sure that if I buy some 10k I don't somehow miss the boat! Any users with a balance of 10k or BALLS on btcpool will be migrated over. If your account only has other coins in it, and your balance for 10k and BALLS are both 0, you will have to create a new account on GorillaEx; the only accounts that will be migrated over to GorillaEx are those with a balance of either 10k or BALLS |
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Thank you!
But how and when do I swap for the new coin? I'm sure you already covered this somewhere, but I can't seem to find the answer.
It will be done on GorillaEx, which has not yet been launched As a side note, a representative from the MMXIV or GorillaStake dev team will be regularly auditing GorillaEx, as a neutral third party, to ensure customer funds are secure and that the exchange has remained solvent. The business interests of that site will be in the UK and Australia, while GorillaStake is run by my American company |
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I didn't say anything about fiat. The main issue with all coins is I only said the word pay and you assume I mean dollars
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Sorry for the dumb question, but if I have 10k right now, how and when do I swap it for the new coin?
Also, if I am reading correctly, snowballs will be worth about 10x less than 10k coins, is that right?
I'm asking because they are both 1 sat right now so if one were debating which coin to buy, 10k would be a no brainer....do I have that right?
Gorillastake is really a brilliant concept by the way! Anyway, looking forward to your answers!
If you are going to buy at 1 satoshi and have to pick between the two at the same price, then yes, definitely 10k |
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Quick update for those of you that have open tickets on btcpool.exchange. I think we've worked out a good solution, which excites me for the future on the partnership between btcpool and GorillaStake
Fairly soon, a new exchange will be launching, GorillaEx, which I talked a bit about earlier, but will give more details of shortly. It will be run by those operating btcpool currently, which is why things have been a bit slow there; I've torn him away to work on something new. We will be doing the coin swap on GorillaEx when the time comes to merge 10k and BALLS. The ratio will be unknown until the amount of coins traded in is known; the amount issued per half has already been decided
Anyone with an open ticket on btcpool.exchange for a withdraw of either 10k or BALLS will find their balance intact, and swapped, once the new chain is live. Instead of processing tickets individually for all the withdraw issues, they will be swapped automatically to the new exchange and blockchain for you. You will be able to immediately withdraw on the new network, just like everyone sending them there manually
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Quick update for those of you that have open tickets on btcpool.exchange. I think we've worked out a good solution, which excites me for the future on the partnership between btcpool and GorillaStake
Fairly soon, a new exchange will be launching, GorillaEx, which I talked a bit about earlier, but will give more details of shortly. It will be run by those operating btcpool currently, which is why things have been a bit slow there; I've torn him away to work on something new. We will be doing the coin swap on GorillaEx when the time comes to merge 10k and BALLS. The ratio will be unknown until the amount of coins traded in is known; the amount issued per half has already been decided
Anyone with an open ticket on btcpool.exchange for a withdraw of either 10k or BALLS will find their balance intact, and swapped, once the new chain is live. Instead of processing tickets individually for all the withdraw issues, they will be swapped automatically to the new exchange and blockchain for you. You will be able to immediately withdraw on the new network, just like everyone sending them there manually
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Yea, but that has a lot of variables. The formula has been decided, as well as the new supply's starting point
a = 100,000
What is the new name and the new specs? Hmmmm Getting details like that prematurely from me is like trying to pull TEETH  |
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Yea, but that has a lot of variables. The formula has been decided, as well as the new supply's starting point
a = 100,000
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The new coin is pretty much done, just doing a few final tests before I say much more. The swap will be handled on a percentage basis in ONE PLACE, which I will go into more detail of later. All coins from the new chain will be swapped. The exact ratio will be unknown until the final moment before it goes live (for both 10k and BALLS)
We need something big ratio 1,000,000 : 1 Could be work Ratio will depend on how many 10k/BALLS are turned in for the swap ultimately. Correct. Half of the new supply will go to 10k and half to BALLS. The ratio for each will be that total divided by all the coins traded in This will make it so nobody can accuse me of being shady like they did when I tried to help ECASH. After the swap date, I will hold no coins that aren't my own that were swapped on GorillaEx |
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so if repairwallet gives true and wallet balance and blockexplorer don't fit , the wallet is correct right?
Yes |
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What is the plan of this coin no future ? Same as balls ?
This has to win the dumbest post ever award |
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