burritoboy9984
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October 03, 2014, 02:27:33 PM |
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My 1500 CLD was on the reserved so I think when the transition (new system) happened, it deleted the reserved coins
FWIW, I had coins that were reserved, and the system correctly halved mine. As for the person asking why he only has half as many coins now, this has been discussed for the last 2 weeks in this thread.
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bitcoinbelieve
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October 03, 2014, 02:29:50 PM |
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I'm shocked that nobody raised hell with this......what is the reason behind it?
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lethagized
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October 03, 2014, 02:33:05 PM |
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then why would they do that?? like you I lost half
From my understanding, the dev asked bittrex for the coin supply to be halved to increase the value of the coin. Now, if bittrex didn't half everyones coins quantity, the holders would all be 2 times richer than before the changeover. Who is going to be paying this 2X profit in BTC? It would be Bittrex out of their own pockets. If bittrex didn't half peoples coins quantity, what's stopping every other dev doing the same? Bittrex would be bankrupt the same day if it ever actually happened that way, so they half peoples coins quantity, and the value doubles.
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burritoboy9984
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October 03, 2014, 02:35:32 PM |
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I'm shocked that nobody raised hell with this......what is the reason behind it?
Read the thread, the dev gave reasons. If you invest in a coin, it is your responsibility to keep up with it.
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bitcoinbelieve
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October 03, 2014, 02:40:58 PM |
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then why would they do that?? like you I lost half
From my understanding, the dev asked bittrex for the coin supply to be halved to increase the value of the coin. Now, if bittrex didn't half everyones coins quantity, the holders would all be 2 times richer than before the changeover. Who is going to be paying this 2X profit in BTC? It would be Bittrex out of their own pockets. If bittrex didn't half peoples coins quantity, what's stopping every other dev doing the same? Bittrex would be bankrupt the same day if it ever actually happened that way, so they half peoples coins quantity, and the value doubles. I understand the logic but the value did not double, in fact I lost money b/c of this
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bitcoinbelieve
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October 03, 2014, 03:01:49 PM |
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I'm shocked that nobody raised hell with this......what is the reason behind it?
Read the thread, the dev gave reasons. If you invest in a coin, it is your responsibility to keep up with it. If I had only coin to invest, yeah my attention will be towards that coin but I have multiple coins and I don't enought time to read every page
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burritoboy9984
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October 03, 2014, 03:02:56 PM |
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The last price before the swap was just under 9000 sats, so looks like you are currently ahead.
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bitcoinbelieve
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October 03, 2014, 03:08:19 PM |
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The last price before the swap was just under 9000 sats, so looks like you are currently ahead.
NO, I bought the coin when it ranged between 20,000~53,000. I bought the coins like month ago
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burritoboy9984
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October 03, 2014, 03:17:13 PM |
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You stated you lost money because of the swap, it is too early to tell still. So far the swap has increased the value of my coins.
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bitcoinbelieve
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October 03, 2014, 03:17:47 PM |
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The idea by cutting the supply by half doesn't automatically create the price increase. This is the most stupid thing I ever heard. If there is lack of demand for the coin in the first place it doesn't matter how much you limit the supply.
It should be up to the buyer to decide what to do with their coins not the DEV. This is simply SCAM
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bitcoinbelieve
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October 03, 2014, 03:22:43 PM |
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You stated you lost money because of the swap, it is too early to tell still. So far the swap has increased the value of my coins.
If I have invested in the coin and lost money on it then I don't mind it because I made the decision that led up to conclusion but NO ONES has the right to make that kind of decision for me PERIOD!!!!
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burritoboy9984
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October 03, 2014, 03:29:37 PM |
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You stated you lost money because of the swap, it is too early to tell still. So far the swap has increased the value of my coins.
If I have invested in the coin and lost money on it then I don't mind it because I made the decision that led up to conclusion but NO ONES has the right to make that kind of decision for me PERIOD!!!! I never stated it did. But with the coin swap came new features as well.
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dminer69 (OP)
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October 03, 2014, 03:30:17 PM |
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The idea by cutting the supply by half doesn't automatically create the price increase. This is the most stupid thing I ever heard. If there is lack of demand for the coin in the first place it doesn't matter how much you limit the supply.
It should be up to the buyer to decide what to do with their coins not the DEV. This is simply SCAM
no one is scamming no one here, total amount of the coins has been halve the same for everyone is completely equal, have looked at our new features ? we have tweeted about this, it has been on the forum for over 3 weeks!
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dminer69 (OP)
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October 03, 2014, 03:32:12 PM |
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Frankly, I'm pissed offf
out of everyone here your the only one not happy with the swap b/c your coins where halve just like everyone else, how much do you hold?
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CoinBlab
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October 03, 2014, 03:35:20 PM |
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Hi guys. You should list XCloudcoin on the new CoinBlab social network: http://coinblab.com
Here is an example page: http://coinblab.com/page/dogecoin
CoinBlab also has groups, events, blogs, and IM!
Create an account and secure your username first.
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dminer69 (OP)
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October 03, 2014, 03:39:22 PM |
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bitcoinbelieve
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October 03, 2014, 03:42:23 PM |
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From checking my excel, it is not 15,000 but in fact it is 1500.
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burritoboy9984
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October 03, 2014, 03:46:15 PM |
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dminer, do you have your coins in bittrex as well? If not, could you post the new addys where the premine coins are stored?
Thanks!
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Halofire
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October 03, 2014, 03:50:40 PM |
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The only reason I didn't complain about the swap is the new PoS %. Otherwise I wouldn't be happy and I would have sold my CLD. Just give it time. 35% PoS is nice.
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OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu Friendly reminder: Back up your wallet.dat files!!
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