All the people who had their ACTs at their wallets at the time of the snapshot already got their ABTCs. AChain delivered on time. The people that had ACTs at Kucoin are the ones who haven't received them yet (Kucoin's telegram group is a warzone. With all the ETH withdrawal delays and not a word about ABTC). AChain confirmed that they delivered the coins to Kucoin, so it's Kucoin's fault for this delay. It seems like for the people who trusted on Kucoin there's nothing left to do but wait, because they don't give any info and when you talk to someone at their support service is like talking to a wall.
The price of ABTC is way bellow the dollar, but that was to be expected. Taking into account that this fork happened during all the FUD and market "crash", most of the ABTCs must have been dumped. I think the smart thing to do for the people who got or are going to get free ABTCs is to hodl them. Its value can only go up, and the project itself could be a not so hidden gem right now (it's a faster bitcoin with smart contracts). I got the feeling that if I get them (I'm beginning to think that Kucoin won't deliver here) and sell them, I'm going to regret it a lot. BTW, don't know if it's true but I read that ABTC already partnered with CCTV, so by March its value should rise.
AChain is going to start its western marketing campaign on Q1. They already have a working product, more than 30 dapps, and many forks coming because of their forking tech (very good thing for ACT's hodlers), so it's a little odd that ACT is not better known outside of China. If that changes with the marketing and exposure on more exchange sites (I read that today they were going to be listed on CoinCodex. Can't confirm it, though), this coin could easily be a more than 1 billion market cap coin in the near future. Research a little about it, there's a lot that I didn't know and suprised me.
We just have to wait for the whole market to calm down before any coin, specially new ones, can make their way up there. A few weeks and Achain will go back to where it was + the forked coins, easy profit.
Agreed, but for me, in this case, there's a lot more than only speculation. The project is strong, so that should be enough for it to survice this market correction (people at their telegram group weren't worried at all). ABTC is a very solid project too, and because of the present situation an probably people dumping it inmediately, now it's worth cents. If we are talking speculation, AChain survived the correction (if it's already over), and it's one of the strongest projects that could survive a correction of this magnitude, and its price decreased to half because of the FUD and fork happening almost at once (and still its value is now stable and increasing). So, it should reach its ath sooner than we think. They are starting their western marketing campaign, get listed on another exchange site today, and still has a relatively low market cap for the kind of project it is, mainly because few people outside of China are aware of it. So, in pure speculation and looking at market cap and marketing coming soon, it's a very nice project to invest right now. The same with ABTC, this is a forked coin, but has nothing to do with ACT's purpose, and that's the interesting part of AChain's forking tech. The forked coin could serve a completely different purpose than the original coin, but still will be linked by their blockchain, so it's kind of a network of coins with a similar base code, but with different life use (they have a lot of interesting forks coming this year apparently). That's why ABTC doesn't compete with ACT at all. And if you look at ABTC specs and possible partnerships, it's a possible near-to-explode coin, and you got it for free if you got in the fork. ABTC is already partnered with CCTV I believe (have to confirm that), and also marketing at western countries is going to start soon too. On pure speculation basis, even if ACT, ABTC or any fork that comes after are shitcoins (which I strongly believe they aren't), they are smart investments now. Imagine having a coin that generates forks with real life uses on a regular basis, all of them with the potential of becoming good and strong projects, all for free just for hodling ACT. Let alone the increase in value I believe this coins is going to have.
Now, if you take a deeper look, read the whitepapers and see what AChain blockchain is about, you have a fundamental reason to believe this is truly one of the most promising projects in business right now. Because of its specs, dev team, partnerships, future forks, and marketing that is coming soon, I've read very serious comments from people that you know they know what they are talking about, that this could rival ETH, Neo, or even bitcoin in the future. Looking at what they are doing, it's not a fantasy, it could be real and it's not hard to see why. Forks are just the tip of the iceberg for what AChain is looking to achieve, and at its current market cap and value, I'm not exaggerating when saying that this coin could make me rich just by holding a good amount of them. I've done my research, and I'll do it. It's now the project I believe the most. Just wanted to point this out to you, so you can do your own research and decide for youself, because I hated that I didn't know about this because this project has almost zero information at bitcointalk or other western forums. I feel lucky that I've found it on an early stage, and I'm not going to miss this train, and I'm entering with big bucks.