CrApsy COL traders had nearly one year and enough time to sell their COL in LTC, and swap manually indirectly to CV2 (by buying and supporting CV2)
Therefore nothing more to say. There was and is nothing to complain about the Dev Team. Complaining usually does not solve the problems.
You should keep yourself better informed. Craptsy was a fast-sinking ship
I have 1.2 billion Colossuscoins currently (buy value 0.25 BTC) at Cryptsy locked in to their wallet. The purchase dates were;
24 August 2015 and 7 October 2015.
Legally;
A transaction has occurred and the coins (regardless of Cryptsy's position) is that the coins are legally mine, it is the responsibility of Cryptsy to allow access to withdrawels and after such do an audit of their financials, their financials cannot include current customers owned coins.
The purchase has been made and registered on the blockchain, this means that an investment has been made in the Colossuscoin blockchain and "foundation" running the coin, this represents;
a legal stake in the coin and a legal right of entitlement to full replacement or reimbursement of value if that coin is no longer accepted by the team
(evidence can be provided of balance including all transactions to the wallet).
Development teams think that they can allocate a cut off date for transfer of coins - this of course relies on;
a) that the development team is able to contact all stakeholders and inform them personally
b) that the stakeholders are treated as investors, not "cash cows" or anything less than human in any circumstances
Those people responsible for cut off dates will be liable for reimbursements at any time, which includes the future, in particular;
if Colossuscoin were to reach a value of a dollar (highly unlikely) then I am sure you would not really want a lawsuit for someone to claim losses of $1.2 billion
ONLY legal regulation, including time limits, such as PPI claims (which have now been running for 5 years because it is unlawful for them to stop until directed to do so) can be issued by regulatory bodies.
Digital currencies are not centrally issued, however in cases whereby one or a group of people are managing the exchange of goods, the consumer act means that if a product purchased (from any outlet including 1st or 3rd parties) does not function in the manner intended - e.g. the product becomes unusable, it can be returned for a full refund or compensation.
It should be known that cryptocurrencies are not devoid from existing legal consumer protection frameworks.
Please bare all that information in mind when deciding who and who does not qualify for refunds or exchanges, you cannot discriminate at any time between stakeholders, whereby there is no legal cut off date appointed by a financial regulator or government regulations.
I will wait therefore, firstly for a response and how you are going to action outstanding refunds or exchanges, and if nothing is forthcoming and if you cannot treat everyone with the same dignity, maturity and equality then I shall wait until Collossuscoin2 are worth money and simply appoint a lawyer to collect my investment at a later date.
The same thing happened with BDSM and FETISH coins, what is the status of the original colossuscoin blockchain, those of us that are left holding should perhaps continue with the old fork, and discount colossuscoin2 which seems to exclude pre-existing stakeholders.
Info Please!!!!!!!
What have YOU done to help Colossuscoin?Anything!?You watched it and did nothing,and you say you care?
Where were you? why didn't you repair and fix COL and talked to cryptsy?You had 1/2 year - enough time to fix it!
The Improvement and Development Team was created
as a group of investors and volunteers committed to the improvement of Colossuscoin.
https://colossuscoin.org/index.php/contributionGo and blame someone else!! you need to be well-informed about the cryptocoin you buy. Go and fix the old COL!
Here is the the Main Thread and the team isn't able to contact all stakeholders and inform them personally (just because they are simply unknown).
It is the task of each Investor to keep informed about new developments here and in the Colosssus COL Main Thread: COL
https://bitcointalksearch.org/topic/ann-colossuscoin-152-big-strong-and-friendly-swap-closed-492392 Cryptsy.com is holding your Colossus COL and your Investment and not somebody else.
Researching investments is part of an investor’s due diligence. When investing on your own, you are responsible for your decisions.
CV2 and COL Terms of Service [ToS]
http://colossuscoin.org/index.php/tos See OP
First rule of trading: "Invest only what you can afford to lose"
