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The Bela Coin Developers have made a few errors with the swap from sovereign coin to an ERC20 based coin, and they are not willing to correct their mistakes, so I am here asking for the community for help.
I, and plenty of others, all got screwed out of our Bela Coin when the Bela Coin Swapped.
I have lost all my coin to the swap, because the management thinks a few months of notifications and 60 days was a good amount of time to allow everyone to be notified and to the swap from the old coin to the new coin.
They closed the swap down on May 30 2018
The multi-coin-pool I was on told us about the swap on June 10, 2018, 10 days after it swapped.
My wallet company never notified us either, and they have lots of coins in their wallet.
Bela Developers say they sent out emails to all bela pools and wallet groups, and I understand they did that, but the mining pool and wallet company coinomi didn't seem to know about it.
I contacted the Bela Management and they denied my swap request.
I have been told by Bela Management that it would not be fair to allow me to swap my coins after the 60-day period, and I argue that it is not fair to allow me NOT to swap my old bela coin for the new ERC20 Bela coin since I and others spent time and money on hardware and electricity to mine the coin.
I see they burned 1,500,000 BELA coin that they had left over after the swap.
They should have kept the Bela Swap site open for 90-days, and closed the old Bela mine to all connections except the swap-bela site after 60-days, which would let people who find out about the switch to ERC20 still swap the coin they have.
I am asking the community to help me get my Bela Swapped to ERC20 so I do not lose my 25,000+ coins.
I also know there are others who also had the coin and did not swap it either, so it's not just me.
If we, as the community, tell the Bela Coin Developers that they should re-open the bela swap site while making sure the old bela site isn't allowing stratum connections, and or that a few months and 60-days is not long enough for people who mined Bela between 2014 and 2018 to find out about the swap and swap their old Bela, they will listen to the community and do it.
I propose that the Bela Coin Management do the following;
1) stop all connections to the old Bela Mine so no one can mine it any longer. This should have been done 1 month prior to the end of the swap at the very minimum, and if it had been done, every stratum would have failed and thus all mining pools and all miners would no longer be able to connect (only the swap Bela connection would exist) and would know there was a coin swap when they looked at the Bela Site or contacted the Bela developers.
2) Start the Bela Swap site so that people who find Bela coin in their wallets in the next year or so can swap the coin.
Thank You for Reading, and hopefully, joining this effort to get Bela Coin Management to do the right thing by me and the others who have Bela coins that haven't swapped to the new Bela ERC20 coin yet.
Thank you
Joseph Valenti
I, and plenty of others, all got screwed out of our Bela Coin when the Bela Coin Swapped.
I have lost all my coin to the swap, because the management thinks a few months of notifications and 60 days was a good amount of time to allow everyone to be notified and to the swap from the old coin to the new coin.
They closed the swap down on May 30 2018
The multi-coin-pool I was on told us about the swap on June 10, 2018, 10 days after it swapped.
My wallet company never notified us either, and they have lots of coins in their wallet.
Bela Developers say they sent out emails to all bela pools and wallet groups, and I understand they did that, but the mining pool and wallet company coinomi didn't seem to know about it.
I contacted the Bela Management and they denied my swap request.
I have been told by Bela Management that it would not be fair to allow me to swap my coins after the 60-day period, and I argue that it is not fair to allow me NOT to swap my old bela coin for the new ERC20 Bela coin since I and others spent time and money on hardware and electricity to mine the coin.
I see they burned 1,500,000 BELA coin that they had left over after the swap.
They should have kept the Bela Swap site open for 90-days, and closed the old Bela mine to all connections except the swap-bela site after 60-days, which would let people who find out about the switch to ERC20 still swap the coin they have.
I am asking the community to help me get my Bela Swapped to ERC20 so I do not lose my 25,000+ coins.
I also know there are others who also had the coin and did not swap it either, so it's not just me.
If we, as the community, tell the Bela Coin Developers that they should re-open the bela swap site while making sure the old bela site isn't allowing stratum connections, and or that a few months and 60-days is not long enough for people who mined Bela between 2014 and 2018 to find out about the swap and swap their old Bela, they will listen to the community and do it.
I propose that the Bela Coin Management do the following;
1) stop all connections to the old Bela Mine so no one can mine it any longer. This should have been done 1 month prior to the end of the swap at the very minimum, and if it had been done, every stratum would have failed and thus all mining pools and all miners would no longer be able to connect (only the swap Bela connection would exist) and would know there was a coin swap when they looked at the Bela Site or contacted the Bela developers.
2) Start the Bela Swap site so that people who find Bela coin in their wallets in the next year or so can swap the coin.
Thank You for Reading, and hopefully, joining this effort to get Bela Coin Management to do the right thing by me and the others who have Bela coins that haven't swapped to the new Bela ERC20 coin yet.
Thank you
Joseph Valenti
Damn, 25k Bela, that's a lot mate.
Same problem here with Coinomi, even it's less. I just left coinomi and Bela, easy as that. I'am unable to deal with the worst wallets ever, ERC-20 wallets, nothing worse than these.
Even i liked the Bela idea and project i think with the ERC20 swap move and all that swap hazzles, i'am done personally done with it, no matter i mined it for months.
I even asked here if coinomi is aware of it which got denied. A project that can't even contact one of the big android apps to swap the coins for their customers is just doomed to fail, there
is nothing left if the most elementary tasks can't be managed as they should be managed for customers/clients/holders, easy as that. Every project that is based on developers thoughts and mind,
and doesn't take into account clients minds is just doomed to fail, no matter that in generally it's a good nice promising project. Examples as many as you want in cryptoland.
I am in the same situation, I posted earlier as well
https://bitcointalk.org/index.php?topic=2222260.msg39193163#msg39193163
But there is no resolution, of course Bela coin is asking to get compensation from Poloniex ...
Polo are repeatedly telling me that the did not know any such info and the issue is on Bela coin side.
Its really really sad that a project can screw long term investors with misleading info, they changed the swap dates in last moment with short notice and did not inform the exchange poloniex as well who during the same time locked several account
I think they did not realize Polo is slow already and also Polo was in the process of getting taken over, in any case they should have anticipated some error on Polo side
Result is that many have been screwed over by the swap
Usually a coin does swap over a well announced date, and then leaves a period for mistake/incidents to happen because in crypto there is always something , a chance for an error
But Bela coin is not making any such efforts to ensure that investors who have been here and following Bela for years are getting burnt due to this whole coin swap process
Its really sad, ive been in crypto for years but never screwed out of my coins in this fashion.
Its around 1800 Bela but still sucks because of misinformation, lack of communication between bela and exchange polo.
Bad luck? For months? What's happening?
