FOLLOWING OUR PREVIOUS MESSAGE WHERE WE INFORMED YOU WE'LL SWITCH TO LONG-TERM MINING: WE NOW HAVE A NEW PROCESS TO SWAP YOUR COINS IF YOU WISH SO, AND GET ALL OF YOUR BCL IN YOUR BITSHARES WALLETS IN A SINGLE SOLUTION. Please find our full blog post here:
http://bitcoinlatina.org/blog/attention-bcl-miners-time-hold-swap-coinsANYONE INTERESTED IN SELLING ALL OF THEIR COINS IN A SINGLE SOLUTION PLEASE READ BELOW.
ANYONE WHO DEPOSITED THEIR COINS IN THE PAST DAYS AND HASN'T RECEIVED THEM YET: NO NEED TO DO ANYTHING, YOU'LL RECEIVE YOUR BCL TOKENS AS PER THE INSTRUCTIONS BELOW.
ANYONE WISHING TO HOLD THEIR COINS UNTIL JUNE: NO NEED TO DO ANYTHING, AND WE'LL FOLLOW UP WITH MORE INFORMATION ABOUT HOW TO VOTE FOR DELEGATES OR TO BE ONE NEXT WEEK.
ANYONE INTERESTED IN KNOWING THE BENEFITS OF THE LONG-TERM MINING BEFORE MAKING A DECISION: PLEASE ASK HERE IN TELEGRAM.
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*HOW/WHEN TO SWAP YOUR COINS*
PLEASE NOTE THE FOLLOWING DEADLINES:
FROM NOW: You can swap your BCL cryptocurrency via the instructions you’ll find below.
MONDAY 5th March - 11:59PM EST: We will switch to long-term mining. In the following days, we’ll teach and train the long-term miners about how to vote for witnesses or about how to become one.
MONDAY 5th March - 11:59pm EST: Deadline to submit BCL cryptocurrency to swap. Anyone interested in swapping BCL cryptocurrency for BCL tokens on BitShares can do so until this date and time.
AFTER MONDAY AT 11:59pm EST: NO COINS WILL BE MOVED UNTIL THE EOS-BASED BLOCKCHAIN IS LAUNCHED.
TUESDAY 6th March - 12pm EST: The BCL tokens will be deposited in the Bitshares accounts who requested the swap. PLEASE NOTE: The 1:1 occurs within 48 hours, and it can take up to 48 hours to be reflected on your BitShares Token balance.
*PLEASE FIND BELOW THE INSTRUCTIONS TO SWAP YOUR BCL CRYPTOCURRENCY AND RECEIVE BCL TOKENS ON YOUR BITSHARS ACCOUNTS*
STEP 1: Fill out this form: https://[Suspicious link removed]/ycq35l6e
Make sure your Bitshares account name is entered properly: very important to double check that your BitShares account name is entered correctly in the form.
PLEASE NOTE: There will be NO tests! BitcoinLatina is not responsible for any lost coins and there are no refunds.
STEP 2: Send BCL from your Clavis Wallet to this BCL Address: 0x3ee1eb8099ccc7b36d60b80ce09edf1ab447b9a2
The payout time is Tuesday March 6, 2018 - The 1:1 swap will occur within 48 hours: within 48 hours you should see the 1:1 swap reflected in your BitShares BCL token balance.
Here's a VIDEO Totorial how to swap...
https://youtu.be/klLdndTzHAMNo 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!
