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Author Topic: [ANNOUNCE] paccoin a new SHA256D coin is being introduced  (Read 136456 times)
ronin07
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February 04, 2018, 12:26:25 PM
 #2381

IMPORTANT INFO

Here's some information about the upcoming fork in March

Lets say I own 10 million PAC and the price of PAC is 1 dollar, this means I own 10 million dollars worth of PAC. After the fork the total supply of PACcoin will be reduced by 1000x this means I only have 10,000 new PACcoins.

THE PRICE OF A COIN = Total market cap / the amount of PACcoins in supply. Therefore assuming that the market cap remains the same at the time of the fork then the price of each PACcoin will increase by 1000x to 1,000 dollars to match the new supply/demand.

I will own the same slice of the pie and even though I have a reduced amount of coins. They hold the same USD value. My 10,000 new PACcoins are still worth 10 million dollars. Did this help?








Looks like you're asking about the PACcoin redemption starting on March 1st?

 The reason for the 1000:1 coin redemption is to make the coin tradeable with BTC and other coin pairings. At it's current total coin count of trillions, it is not sustainable for the network and would have inflated to a point of being unusable. Also the old coin is very flawed and lacks scalability so the fork that is coming in March will address these issues. This also opens up the doors for us to get featured on almost any exchange we want.

How do I redeem my coins? You need to get your coins off the exchange and into the old PACcoin wallet as well as downloading the NEW PAC wallet that will hold the upgraded coin. Once your coins are safely in our wallet you must send your coins to your dedicated redemption team address, only send your coins to official redemption addresses on our website. Your old coins will not redeem to new coins if you leave them on an exchange. You must be quick, as the redemption scale will decrease the longer you leave it. After 1 month you can only redeem your coins at a ratio of 2000:1, then month 3, 3000:1 and so on. So it is in your best interest to make the swap asap. I will have 1000x fewer coins, I'm loosing money? Not at all... please type ?fork to learn more about how the value of your coins remains the same after the change over to the new coin in March.

And where to get a new purse for a swap?


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giamp67
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February 04, 2018, 02:55:26 PM
 #2382

hi there,

I have 2,000,000 Paccoins on Yobit. I could not synchronize the new Paccoin wallet after downloading it. Will I lose redemption? Will I lose my coins?

thanks
cryptomanfr
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February 04, 2018, 02:59:50 PM
 #2383

i have fund  wallet redemption , it's good

STEP THREE
Once your old ‘PACcoins’ are
safely inside the old wallet, your
old ‘PACcoins‘ must be sent to
one of our secure redemption
addresses found ONLY ON
www.paccoin.net - after a short
while your new $PAC will be
sent back to your new PAC
wallet address supplied by you


what is page  please ?



The redemption link will be avail in March for public.  Only Master Node are allow to redeem at this time.

i have  9 000 000 of PAC   you tell  february  is 1000 : 1  ,  you tell  march  for  link  , 

march you have tell  2000 :1
giamp67
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February 04, 2018, 03:11:18 PM
 #2384

Yobit Paccoin Wallet is now open for withdrawal
emadalaskari
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February 04, 2018, 03:30:41 PM
 #2385

new wallet pac open  but win 7  32bit no open why?
Coominers
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February 04, 2018, 03:48:02 PM
 #2386

i have fund  wallet redemption , it's good

STEP THREE
Once your old ‘PACcoins’ are
safely inside the old wallet, your
old ‘PACcoins‘ must be sent to
one of our secure redemption
addresses found ONLY ON
www.paccoin.net - after a short
while your new $PAC will be
sent back to your new PAC
wallet address supplied by you


what is page  please ?



The redemption link will be avail in March for public.  Only Master Node are allow to redeem at this time.

i have  9 000 000 of PAC   you tell  february  is 1000 : 1  ,  you tell  march  for  link  , 

march you have tell  2000 :1



the feb. redemption period is only for those wanting to  purchase a masternode.  since u only have 9million pac u will not be able to purchase a masternode.  now the rest of the people not purchasing a masternode the redemption period for them starts march first.  the ratio is still 1000:1 for 3 months.  after the three month period the ratio increases. so be sure to do the redemption within the 3 month time frame.
Coominers
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February 04, 2018, 04:08:13 PM
 #2387

hi there,

I have 2,000,000 Paccoins on Yobit. I could not synchronize the new Paccoin wallet after downloading it. Will I lose redemption? Will I lose my coins?

thanks

send me a pm and i will try and help
MWolfK7
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February 04, 2018, 05:24:06 PM
 #2388

Good day,

I want to give new information.
I had some difficulties though.
With Cryptopia and my Paccoins.

I think Saul Wolf (Paccoin Developer Team)
Has much to do. Many mails. I think so.
He probably could not find my messages back then.
So I kept thinking it was a scam. But i was wrong.

BUT Well: when we came in contact.
So I could describe my problem, or problems that I had.
Saul Wolf has solved the problems. At first I thought it was not okay.
But the reason was: Wallet was not completely synchronized.

So I could not see the new Paccoins I received.
Just recently, thanks to Saul Wolf, I saw it at the bottom left. How far it is synchronized.

I've been waiting, and the Paccoins are here.
Therefore. Now I'm waiting for Coin-Burn or Swap and hope
that the price goes up, like some others.

So Paccoin is fine. Problems, or just small problems.
That's everywhere. Everybody makes mistakes.
But I turn too hard. I'm a fool .. very clear.
I'm so sorry. That I exaggerated so much.
suon199
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February 04, 2018, 05:55:07 PM
 #2389

I have 1.4B pac, I want to REDEMPTION them by MASTERNODE. how can I get? any help from dev team
DOGEbubble
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February 04, 2018, 06:03:19 PM
 #2390

I have 1.4B pac, I want to REDEMPTION them by MASTERNODE. how can I get? any help from dev team

New Thread for $PAC is coming very soon.
This is old thread.

You should read directly ( Masternodes page 16 & Road Map page 20) of
the white paper http://download.paccoin.net/PAC_White_Paper_2018_Final.pdf

Summaries:

Quote
$PAC users will
need 500,000 $PAC to run a masternode.

Shared masternodes will also become
available with the launch of Paclyfe in early
2018.

suon199
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February 04, 2018, 06:13:10 PM
 #2391

I have 1.4B pac, I want to REDEMPTION them by MASTERNODE. how can I get? any help from dev team

New Thread for $PAC is coming very soon.
This is old thread.

You should read directly ( Masternodes page 16 & Road Map page 20) of
the white paper http://download.paccoin.net/PAC_White_Paper_2018_Final.pdf

Summaries:

Quote
$PAC users will
need 500,000 $PAC to run a masternode.

Shared masternodes will also become
available with the launch of Paclyfe in early
2018.

They will charged me 500m pac coin or i need to have 500m minimum to run a masternode
D_M_G
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February 04, 2018, 09:42:01 PM
 #2392

HELP
i get this 

Error: Error parsing JSON: timeout

i tried by changing pass it didn`t work...i`m sure i write the correct walletpassphrase my pass timeout 9999 and it didn`t work..

how can i unlock it?

if i send pac to this wallet i will be able to see them without the wallet being unlocked (mint suspended due to locked wallet)?

can I send all my pac from this wallet and make another one while is locked?

also if i have just 5 mill pac i can run a masternode? BIG THANKS
HELP
metallicelmo
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February 04, 2018, 11:47:20 PM
 #2393

So I have a question and I can't get the right info on it.

The $Pac is a new coin right? So in this youtube video I see you have to create a $Pac address.  This address information is then send from the old Paccoin wallet to the devteam so they can swap your coins and send them to your $Pac wallet.  The youtube video doesn't mention anything about you having to install the redemption wallet and use that with your old coins.

What I see is there are now 3 wallets.     Paccoin wallet (that I currently have) , Paccoin Redemption wallet (new one?),  $Pac wallet (also new one)

For people that don't have enough for a masternode, what is the timeframe we have to start swapping over?

I haven't seen a clear schedule or step by step instruction on that yet.
DOGEbubble
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February 05, 2018, 01:22:10 AM
 #2394

So I have a question and I can't get the right info on it.

The $Pac is a new coin right? So in this youtube video I see you have to create a $Pac address.  This address information is then send from the old Paccoin wallet to the devteam so they can swap your coins and send them to your $Pac wallet.  The youtube video doesn't mention anything about you having to install the redemption wallet and use that with your old coins.

What I see is there are now 3 wallets.     Paccoin wallet (that I currently have) , Paccoin Redemption wallet (new one?),  $Pac wallet (also new one)

For people that don't have enough for a masternode, what is the timeframe we have to start swapping over?

I haven't seen a clear schedule or step by step instruction on that yet.

I do not see any evidence of a new "redemption" wallet for old PAC.

All timing info are in the white paper:

New Thread for $PAC is coming very soon.
This is old thread.

You should read directly ( Masternodes page 16 & Road Map page 20) of
the white paper http://download.paccoin.net/PAC_White_Paper_2018_Final.pdf

Summaries:

Quote
$PAC users will need 500,000 $PAC to run a masternode.

Shared masternodes will also become available with the launch of Paclyfe in early 2018.

 Cheesy Cheesy Cheesy

DOGEbubble
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February 05, 2018, 01:31:58 AM
 #2395

HELP
i get this 

Error: Error parsing JSON: timeout

i tried by changing pass it didn`t work...i`m sure i write the correct walletpassphrase my pass timeout 9999 and it didn`t work..

how can i unlock it?

if i send pac to this wallet i will be able to see them without the wallet being unlocked (mint suspended due to locked wallet)?

can I send all my pac from this wallet and make another one while is locked?

also if i have just 5 mill pac i can run a masternode? BIG THANKS
HELP

Did you have any space in the walletpassphrase?


llvlludassar
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February 05, 2018, 01:47:11 AM
 #2396

I feel sorry for the ppl who bought PAC on 1,2 sat and unfortunately i am one of them.  I feel we have been scammed very cleverly by Bill "old dev", saul wolf "new on owner" and cryptopia. When cryptopia paused ltc and doge market , bill and saul put a huge sell wall on 2 and 1 sat and i remember back then they were encouraging ppl to buy  on that price. Yesterday I happened to read brad on reddit , he was happy with price going down and hope to old coin dies itself, how fuking ridiculous. if price dip to lowest we all are fuked who bought pac at 1,2 sat. We will not able to recover our investment with fuking new $pac. fuk you all fuking scammers!
suon199
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February 05, 2018, 04:22:21 AM
 #2397

I feel sorry for the ppl who bought PAC on 1,2 sat and unfortunately i am one of them.  I feel we have been scammed very cleverly by Bill "old dev", saul wolf "new on owner" and cryptopia. When cryptopia paused ltc and doge market , bill and saul put a huge sell wall on 2 and 1 sat and i remember back then they were encouraging ppl to buy  on that price. Yesterday I happened to read brad on reddit , he was happy with price going down and hope to old coin dies itself, how fuking ridiculous. if price dip to lowest we all are fuked who bought pac at 1,2 sat. We will not able to recover our investment with fuking new $pac. fuk you all fuking scammers!
I am with you. I bought 3B pac at 1 set.
llvlludassar
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February 05, 2018, 04:35:51 AM
 #2398

I feel sorry for the ppl who bought PAC on 1,2 sat and unfortunately i am one of them.  I feel we have been scammed very cleverly by Bill "old dev", saul wolf "new on owner" and cryptopia. When cryptopia paused ltc and doge market , bill and saul put a huge sell wall on 2 and 1 sat and i remember back then they were encouraging ppl to buy  on that price. Yesterday I happened to read brad on reddit , he was happy with price going down and hope to old coin dies itself, how fuking ridiculous. if price dip to lowest we all are fuked who bought pac at 1,2 sat. We will not able to recover our investment with fuking new $pac. fuk you all fuking scammers!
I am with you. I bought 3B pac at 1 set.

We should raise voice against those scammers, they are taking our hard earned money. bill, saul and cryptopia thank you for selling your wrothless shitcoins for 1 to 2 sat, fuking organised scam, i hope you will burn in hell all of you mother fukers.
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February 05, 2018, 05:39:43 AM
 #2399

Well, I've been reading these posts for a long time and I was too lazy to register. Apparently, it is easy lol. Anyway I get your concerns my friends, we are in the same boat. Redemption or fork whatever you kids call it these days its gonna change this coin. Maybe in the long run $PAC might come back from the 6ft under but right now we are in the deep sh#tstorm. Let me say it again "WE ARE IN THE SAME BOAT" With all these wallet being locked everywhere, people not receiving their transfers and deposits etc creating more FUD. Sooner or later this sh#tcoin gonna come back. We just need to stop complaining and making situation worse. At least we shouldn't put more oil into fire
DOGEbubble
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February 05, 2018, 06:09:44 AM
Last edit: February 05, 2018, 07:00:58 AM by DOGEbubble
 #2400

Well, I've been reading these posts for a long time and I was too lazy to register. Apparently, it is easy lol. Anyway I get your concerns my friends, we are in the same boat. Redemption or fork whatever you kids call it these days its gonna change this coin. Maybe in the long run $PAC might come back from the 6ft under but right now we are in the deep sh#tstorm. Let me say it again "WE ARE IN THE SAME BOAT" With all these wallet being locked everywhere, people not receiving their transfers and deposits etc creating more FUD. Sooner or later this sh#tcoin gonna come back. We just need to stop complaining and making situation worse. At least we shouldn't put more oil into fire

I think he is right.

What happened when Billions of PAC were bought instantly in hours @ the exchanges those days?

If I want to buy up 3B PAC @Tradesatoshi instantly, at this moment, I have to buy (all the way) up to the price of 0.0244 DOGE/PAC (and for the DOGE price of 52 sat), costing about 73.4M DOGE or 36.4 BTC or still more than 1 sat per PAC. To buy 3B PAC's, 1 Satoshi is still the buying price.

Therefore, it tells us that if $PAC continues to make progresses and becomes quite promising, those 3 million-$PAC buying power (with the new coin) will come back to support the price and value. If one more guy is coming again to buy $PAC a day. The value is still there; without doubt.

This is also the time BTC in the downturn and final capitulation phase and there are plenty of crypto's price dropping 10-20% in BTC-denomination, just in 24 hours. BTC is quite scammy but it will still keep on rising, hopefully in the coming upturn.  Cheesy Cheesy Cheesy

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