[ANN] Bitcurrency - page 21. | Bitcointalksearch.org

KingCaper

hero member

Activity: 597

Merit: 506

Quote from: Targetbit on February 04, 2015, 03:56:39 PM

Quote from: KingCaper on February 04, 2015, 03:03:34 PM

Quote from: Targetbit on February 04, 2015, 01:34:33 PM

Quote from: pineapples on February 04, 2015, 02:54:19 AM

Quote from: Targetbit on February 03, 2015, 12:30:46 PM

Hi, Then we should send our coins to burn address and receive them back? Please say the reason? and let me know how safe is this ?

well it should be safe. unless the dev dies during th process Wink

as to teh reason ? i dont really know, but we will receive 10x the coins. so it seems to be for distribution of existing dev coins.

doing the swap like this means -
anyone who misses out on the swap will still have their current coins.
active users will be rewarded for doing the swap (with the extra coins)
and dead coins will just stay dead and not be changed.

How is this possible? Because all coins are 18.5 million and how dev sends 10x for swap process? for example If someone has 1 million coins then he will receive 10 million coins after sending to burn address?

I sent some coins to burn address but nothing returned back. Why?

BitCurrency will have 10x the coin supply of WSTL (I believe), and they've not been returned yet because it hasn't been launched. When it has the BTCR will be sent out to everyone who sent to the burn address.

Ok. I want dev team confirm this before I send all my coins to burn address. Please confirm dev.

And also explain this: If approximately 10x coins will be available in BTCR, Then what about remaining coins that are not mined?

Quote from: zeded on January 26, 2015, 10:25:49 PM

The remaining new coins after the swap can either all be burned or sharedroped to other coins depending on what people want. (for example the left over coins can be sent to top 100 holders of a variety of coins. or the left over coins can instead be burned depending on what people want.)

Targetbit

sr. member

Activity: 323

Merit: 250

Quote from: KingCaper on February 04, 2015, 03:03:34 PM

Quote from: Targetbit on February 04, 2015, 01:34:33 PM

Quote from: pineapples on February 04, 2015, 02:54:19 AM

Quote from: Targetbit on February 03, 2015, 12:30:46 PM

Hi, Then we should send our coins to burn address and receive them back? Please say the reason? and let me know how safe is this ?

well it should be safe. unless the dev dies during th process Wink

as to teh reason ? i dont really know, but we will receive 10x the coins. so it seems to be for distribution of existing dev coins.

doing the swap like this means -
anyone who misses out on the swap will still have their current coins.
active users will be rewarded for doing the swap (with the extra coins)
and dead coins will just stay dead and not be changed.

How is this possible? Because all coins are 18.5 million and how dev sends 10x for swap process? for example If someone has 1 million coins then he will receive 10 million coins after sending to burn address?

I sent some coins to burn address but nothing returned back. Why?

BitCurrency will have 10x the coin supply of WSTL (I believe), and they've not been returned yet because it hasn't been launched. When it has the BTCR will be sent out to everyone who sent to the burn address.

Ok. I want dev team confirm this before I send all my coins to burn address. Please confirm dev.

And also explain this: If approximately 10x coins will be available in BTCR, Then what about remaining coins that are not mined?

KingCaper

hero member

Activity: 597

Merit: 506

Quote from: Targetbit on February 04, 2015, 01:34:33 PM

Quote from: pineapples on February 04, 2015, 02:54:19 AM

Quote from: Targetbit on February 03, 2015, 12:30:46 PM

Hi, Then we should send our coins to burn address and receive them back? Please say the reason? and let me know how safe is this ?

well it should be safe. unless the dev dies during th process Wink

as to teh reason ? i dont really know, but we will receive 10x the coins. so it seems to be for distribution of existing dev coins.

doing the swap like this means -
anyone who misses out on the swap will still have their current coins.
active users will be rewarded for doing the swap (with the extra coins)
and dead coins will just stay dead and not be changed.

How is this possible? Because all coins are 18.5 million and how dev sends 10x for swap process? for example If someone has 1 million coins then he will receive 10 million coins after sending to burn address?

I sent some coins to burn address but nothing returned back. Why?

BitCurrency will have 10x the coin supply of WSTL (I believe), and they've not been returned yet because it hasn't been launched. When it has the BTCR will be sent out to everyone who sent to the burn address.

Targetbit

sr. member

Activity: 323

Merit: 250

Quote from: pineapples on February 04, 2015, 02:54:19 AM

Quote from: Targetbit on February 03, 2015, 12:30:46 PM

Hi, Then we should send our coins to burn address and receive them back? Please say the reason? and let me know how safe is this ?

well it should be safe. unless the dev dies during th process Wink

as to teh reason ? i dont really know, but we will receive 10x the coins. so it seems to be for distribution of existing dev coins.

doing the swap like this means -
anyone who misses out on the swap will still have their current coins.
active users will be rewarded for doing the swap (with the extra coins)
and dead coins will just stay dead and not be changed.

How is this possible? Because all coins are 18.5 million and how dev sends 10x for swap process? for example If someone has 1 million coins then he will receive 10 million coins after sending to burn address?

I sent some coins to burn address but nothing returned back. Why?

samspaces

legendary

Activity: 1453

Merit: 1030

Coins sent to the burnaddress

txid= 4863f83e2cf200a1fe2a1674e9c357b5d366429fa340c0dbecedfd2b2dde92c5

pineapples

legendary

Activity: 1204

Merit: 1000

to your stations, man the pineapples!!!

Quote from: Targetbit on February 03, 2015, 12:30:46 PM

Hi, Then we should send our coins to burn address and receive them back? Please say the reason? and let me know how safe is this ?

well it should be safe. unless the dev dies during th process Wink

as to teh reason ? i dont really know, but we will receive 10x the coins. so it seems to be for distribution of existing dev coins.

doing the swap like this means -
anyone who misses out on the swap will still have their current coins.
active users will be rewarded for doing the swap (with the extra coins)
and dead coins will just stay dead and not be changed.

Targetbit

sr. member

Activity: 323

Merit: 250

Hi, Then we should send our coins to burn address and receive them back? Please say the reason? and let me know how safe is this ?

Hamuki

legendary

Activity: 1022

Merit: 1000

Does your coin need a multipool?

Getting a multipool for your coin will create buy pressure on exchanges.
And it will allow people with mining power to get more coins for their hashrate.

If you are interested, then take a look here: https://bitcointalksearch.org/topic/multipool-service-10-a-month-update-932225

Have a nice day!

Targetbit

sr. member

Activity: 323

Merit: 250

Ok, Let's test it. But I didn't understand why should we send and receive same back and also what is this 10x coin back?

zeded

full member

Activity: 192

Merit: 501

you guys need to burn your coins to B88888888888888888888888888852jDUM before the 6th of febuary
see https://bitcointalksearch.org/topic/m.10273533 for guide
if you have questions pm me

Targetbit

sr. member

Activity: 323

Merit: 250

my wallet is now has BTCR for my coins. Is that ok?

Wallet version: v1.2.0.259stable

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: fonzerrellie on February 01, 2015, 04:50:32 AM

Quote from: Targetbit on February 01, 2015, 03:33:22 AM

Tell me what should I do? I just did withdraw my wstl coins into bitcurrency wallet. But what about this B? I didn't any thing else after withdraw from bittrex.

does your receive addresses have a W or a B at the beginning of it? the first btcr wallet still had W at the start of addy's the new btcr wallet has a B and is the one you need.

here is the process as qouted here https://bitcointalksearch.org/topic/m.10273533

Quote from: zeded on January 26, 2015, 10:25:49 PM

Please withdraw your WSTL from Bittrex into your wallet. So you can send to the burn address.

1. Bittrex currently only supports sending to W addresses. so download the W address wallet from here: https://mega.co.nz/#!2FVDGCqb!arHGZiqM0- mgzrFm5iKhxSI0OjingHU63O_CgyWHRp8

2. Then after you receive it from Bittrex, update your wallet to the B address wallet from here: https://mega.co.nz/#!iEtgCbZI!IP6VVqb-cub5ik16NICfaiHGvhZVgOSy8aPlLifY_CM

3. Then make a new address and send all your coins to it.
Then send all your coins to this burn address: B88888888888888888888888888852jDUM

you just need to download the wallet stated on number 2 and run it. the wallet on number 2 is fully compatible with the previous one, no need to touch what is in the appdata

note: when you run the wallet that generates B addresses, your received address tab is blank reason why you need to create a new address, from that you have to generate an address that starts in B and just send your coin in the wallet on that address and wait for the coin to be confirmed and then send to the burn address.

fonzerrellie

legendary

Activity: 1190

Merit: 1000

Kaspa

Quote from: Targetbit on February 01, 2015, 03:33:22 AM

Tell me what should I do? I just did withdraw my wstl coins into bitcurrency wallet. But what about this B? I didn't any thing else after withdraw from bittrex.

does your receive addresses have a W or a B at the beginning of it? the first btcr wallet still had W at the start of addy's the new btcr wallet has a B and is the one you need.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: Targetbit on February 01, 2015, 03:33:22 AM

Tell me what should I do? I just did withdraw my wstl coins into bitcurrency wallet. But what about this B? I didn't any thing else after withdraw from bittrex.

pls check this: https://bitcointalksearch.org/topic/m.10273533

Quote from: Youghoor on February 01, 2015, 04:08:41 AM

Have you checked the block explorer if it is available.

i think this one is up and running : https://chainz.cryptoid.info/btcr/

Youghoor

sr. member

Activity: 1036

Merit: 275

Have you checked the block explorer if it is available.

Targetbit

sr. member

Activity: 323

Merit: 250

Tell me what should I do? I just did withdraw my wstl coins into bitcurrency wallet. But what about this B? I didn't any thing else after withdraw from bittrex.

fonzerrellie

legendary

Activity: 1190

Merit: 1000

Kaspa

thats awesome, easy enough Cool

kryptologist

hero member

Activity: 714

Merit: 500

@kryptographer

Quote from: pineapples on January 30, 2015, 02:36:22 AM

Quote from: kryptologist on January 29, 2015, 04:44:03 PM

I just sent all my coins from the B wallet to the burn address: B88888888888888888888888888852jDUM

Now do I wait for further instructions?

the dev will send the new coins to the new B version of yr W address you sent it from.
you shouldnt have to do anything other than have a new wallet

Okay thanks I will wait to receive my coins.

pineapples

legendary

Activity: 1204

Merit: 1000

to your stations, man the pineapples!!!

Quote from: kryptologist on January 29, 2015, 04:44:03 PM

I just sent all my coins from the B wallet to the burn address: B88888888888888888888888888852jDUM

Now do I wait for further instructions?

the dev will send the new coins to the new B version of yr W address you sent it from.
you shouldnt have to do anything other than have a new wallet

kryptologist

hero member

Activity: 714

Merit: 500

@kryptographer

I just sent all my coins from the B wallet to the burn address: B88888888888888888888888888852jDUM

Now do I wait for further instructions?

Topic: [ANN] Bitcurrency - page 21. (Read 75379 times)