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randywald
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March 27, 2016, 06:50:35 PM |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins?  Yes, that's the plan  . Ahh thanks, I was a little worried there, strangely my syscoins are marked as "reserved" so maybe the process has already started? But I also notice there is still trading going on so I am not quite sure. Price is very cheap atm btw, great opportunity, I am sure with the next round of updates it can easily double or tripple. I don't think the process has already started. I have no SYS in bittrex, so i also don't see the coins marked as "reserved". I would not worry about. The BTC breakout made people nervous. http://themerkle.com/category/market-analysis/bitcoin/Waiting For The Breakout. This explains why the markets were so undecided all the week. Today, it seems, the breakout has happened. with kind regards, randywald |
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b1007
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March 27, 2016, 07:21:21 PM |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins? Yes, that's the plan . Ahh thanks, I was a little worried there, strangely my syscoins are marked as "reserved" so maybe the process has already started? But I also notice there is still trading going on so I am not quite sure. Price is very cheap atm btw, great opportunity, I am sure with the next round of updates it can easily double or tripple. I don't think the process has already started. I have no SYS in bittrex, so i also don't see the coins marked as "reserved". I would not worry about. The BTC breakout made people nervous. http://themerkle.com/category/market-analysis/bitcoin/Waiting For The Breakout. This explains why the markets were so undecided all the week. Today, it seems, the breakout has happened. with kind regards, randywald Thanks for clearing that up Randy, I think you are right, as long as bitcoin is still the king of all coins the altcoin market is very sensitive when it comes to bitcoin price fluctuations. Nevertheless I think SYS is heading in the right direction in the long term so I am not worried about a temporary price drop at all  SYS is one of the few projects that actually delivers instead of making empty promises. |
I like to speculate
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randywald
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March 27, 2016, 07:42:25 PM |
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Yeah, true. The devs are absolutely awesome.
In terms of price i rather look at the marketcap and not so much at the price of one unit.
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johnp
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March 27, 2016, 07:44:19 PM |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins? Yes, that's the plan . Ahh thanks, I was a little worried there, strangely my syscoins are marked as "reserved" so maybe the process has already started? But I also notice there is still trading going on so I am not quite sure. Price is very cheap atm btw, great opportunity, I am sure with the next round of updates it can easily double or tripple. If they are showing as 'Reserved' you either have a pending withdrawal of a sell order in place |
*Image Removed*
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jbreher
Legendary
 Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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March 27, 2016, 08:48:42 PM |
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It can be confusing for non techies.
The only reason it is confusing is that there are many statements being presented as matters of fact, that are actually merely forward-looking speculation. If your statements adhered to factual matters, there would likely be very little confusion. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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March 27, 2016, 08:51:04 PM |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins? Yes, that's the plan . Of course, the question as to what will happen to the 'old-SYS' coins on the exchanges remains unanswered.... |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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b1007
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March 27, 2016, 09:26:43 PM |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins? Yes, that's the plan . Ahh thanks, I was a little worried there, strangely my syscoins are marked as "reserved" so maybe the process has already started? But I also notice there is still trading going on so I am not quite sure. Price is very cheap atm btw, great opportunity, I am sure with the next round of updates it can easily double or tripple. If they are showing as 'Reserved' you either have a pending withdrawal of a sell order in place You are right, I forgot that I put my SYS up way up high as a sell order Cancelled it and will wait untill I receive my new coins and then hopefully we will discover new heights |
I like to speculate
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randywald
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March 27, 2016, 10:40:02 PM |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins? Yes, that's the plan . Of course, the question as to what will happen to the 'old-SYS' coins on the exchanges remains unanswered.... I am not a dev but i simply think there won't be any exchange left listing the old coin because it isn't useful anymore. But there are still some questions:Is it even possible to double spend SYS1 and SYS2 (spend SYS1 and SYS2 independently of each other) if the address keeps the same? If i sell SYS2, does the SYS1 amount decrease too or do i keep my full SYS1 stack that i had before conversion? with kind regards, randywald |
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sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
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March 28, 2016, 01:18:34 AM
Last edit: March 28, 2016, 01:44:36 AM by sidhujag |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins? Yes, that's the plan . Of course, the question as to what will happen to the 'old-SYS' coins on the exchanges remains unanswered.... thats a valid question and better answered on slack where multiple team members are chatting away. More information about this will be released to the community in the upcoming week. Thanks! |
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Rytharr
Newbie
Offline
Activity: 56
Merit: 0
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March 28, 2016, 04:56:36 AM |
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So for clearity sake, I have some Syscoins on Bittrex. I don't have to do anything and I will get SYS 2 coins? Yes, that's the plan . Of course, the question as to what will happen to the 'old-SYS' coins on the exchanges remains unanswered.... I am not a dev but i simply think there won't be any exchange left listing the old coin because it isn't useful anymore. But there are still some questions:Is it even possible to double spend SYS1 and SYS2 (spend SYS1 and SYS2 independently of each other) if the address keeps the same? If i sell SYS2, does the SYS1 amount decrease too or do i keep my full SYS1 stack that i had before conversion? with kind regards, randywald All sys1 will get converted to sys2. If the sys are on an exchange then the exchange will convert them. If you have them in a wallet then you will have have to do it. |
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axlroses
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March 28, 2016, 06:39:45 AM |
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-20 at poloniex and can not up.. good job! be a part of SH*T coin.. LOL  |
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randywald
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March 28, 2016, 09:16:55 AM |
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-20 at poloniex and can not up.. good job! be a part of SH*T coin.. LOL Good morning. Best recovery i have ever seen. We are at initial price again. |
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randywald
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March 28, 2016, 10:03:36 AM |
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BTC integration = larger target group. And it takes the fear of SYS price volatility away. For example if someone wants to do large purchases and the market isn't big enough for it. But SYS as a coin is still needed for running the marketplace and extra services. So you still need SYS but don't need to care about. Average people can be served very well if it's simple to use. This is how i understand what's going on, that is not guaranteed to be 100% true! with kind regards, randywald |
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xcell
Newbie
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Activity: 41
Merit: 0
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March 28, 2016, 11:05:30 AM |
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-20 at poloniex and can not up.. good job! be a part of SH*T coin.. LOL Good morning. Best recovery i have ever seen. We are at initial price again. yeah it's very nice! lets see where the price will move |
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pugilist555
Sr. Member
Offline
Activity: 474
Merit: 261
GBM
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March 28, 2016, 12:06:40 PM |
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Is slack down?? Cant post or receive..
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Blockchain technology
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randywald
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March 28, 2016, 12:11:06 PM |
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Is slack down?? Cant post or receive..
It does work on my side. |
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pugilist555
Sr. Member
Offline
Activity: 474
Merit: 261
GBM
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March 28, 2016, 12:15:06 PM |
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Saw your test message...but still cant post.
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Blockchain technology
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polister
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March 28, 2016, 12:42:10 PM |
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I have Syscoin in paperwallets - do I have to change anything because of Syscoin 2.0?
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randywald
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March 28, 2016, 01:17:26 PM |
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I have Syscoin in paperwallets - do I have to change anything because of Syscoin 2.0?
I don't think so. You will be able to import the private key into the new syscoin 2.0 wallet. That is what i've heard. |
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