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Topic: [ANN]  Bitcurrency - page 21. (Read 75396 times)

hero member
Activity: 597
Merit: 506
February 04, 2015, 03:14:51 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?


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.)

sr. member
Activity: 323
Merit: 250
February 04, 2015, 02:56:39 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?
hero member
Activity: 597
Merit: 506
February 04, 2015, 02:03:34 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.
sr. member
Activity: 323
Merit: 250
February 04, 2015, 12:34:33 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?
legendary
Activity: 1453
Merit: 1030
February 04, 2015, 12:05:13 PM
Coins sent to the burnaddress

txid= 4863f83e2cf200a1fe2a1674e9c357b5d366429fa340c0dbecedfd2b2dde92c5

legendary
Activity: 1204
Merit: 1000
to your stations, man the pineapples!!!
February 04, 2015, 01:54:19 AM

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.
sr. member
Activity: 323
Merit: 250
February 03, 2015, 11:30:46 AM
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 ?
legendary
Activity: 1022
Merit: 1000
February 03, 2015, 05:27:06 AM
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!
sr. member
Activity: 323
Merit: 250
February 03, 2015, 05:26:02 AM
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?
full member
Activity: 192
Merit: 501
February 03, 2015, 04:17:31 AM
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
sr. member
Activity: 323
Merit: 250
February 03, 2015, 12:04:56 AM
my wallet is now has BTCR for my coins. Is that ok?

Wallet version: v1.2.0.259stable

legendary
Activity: 2954
Merit: 1153
February 01, 2015, 04:32:10 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



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.
legendary
Activity: 1190
Merit: 1000
Kaspa
February 01, 2015, 03:50:32 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.

legendary
Activity: 2954
Merit: 1153
February 01, 2015, 03:34:06 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

Have you checked the block explorer if it is available.

i think this one is up and running : https://chainz.cryptoid.info/btcr/
sr. member
Activity: 1036
Merit: 275
February 01, 2015, 03:08:41 AM
Have you checked the block explorer if it is available.
sr. member
Activity: 323
Merit: 250
February 01, 2015, 02:33:22 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.
legendary
Activity: 1190
Merit: 1000
Kaspa
January 30, 2015, 03:40:54 PM
thats awesome, easy enough Cool
hero member
Activity: 714
Merit: 500
@kryptographer
January 30, 2015, 12:11:59 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.
legendary
Activity: 1204
Merit: 1000
to your stations, man the pineapples!!!
January 30, 2015, 01:36:22 AM
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
hero member
Activity: 714
Merit: 500
@kryptographer
January 29, 2015, 03:44:03 PM
I just sent all my coins from the B wallet to the burn address: B88888888888888888888888888852jDUM

Now do I wait for further instructions?
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