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Topic: Gridcoin (GRC) - first coin utilizing BOINC - Official Thread - page 82. (Read 597425 times)

full member
Activity: 126
Merit: 100
GRC becoming top level day after day.. Smiley
full member
Activity: 131
Merit: 100
good to hear it's all sorted out Smiley
sr. member
Activity: 518
Merit: 250
Thanks for being patient with me, I thought the swap was closed.  I shouldn't have been so hostile, and I apologize.
sr. member
Activity: 364
Merit: 252
Your coins aren't worthless, Poloniex still has them and they can still be burned.  We have no control over how Poloniex conducts it's business or what it announces.  They were contacted multiple times between September (before the process started) and the April  20th deadline and were aware of the changes.  It was their choice as to what action they took with that information.

I have been in contact with Poloniex attempting to help them with the transition and the conversion pool is still active and able to burn coins for conversion, a few of us are still supporting the classic chain with hashes just so Polo can burn their remaining coins.

While I understand your frustration that you can't access your coins at this time, I assure you we are working with them to help resolve this even though the deadline has passed. We want nothing more than for everyone who wants their coins to be converted to have them converted.  It is my hope they will have this resolved in the next 24-48 hours and you will be able to either withdraw your coins as research coins and trade them on another exchange or if Poloniex chooses to open a Gridcoin-Research market buy & sell GRC on Poloniex once again.



So that is approximately 1.28 mil classic coins that have not been burned.

So at least $10,000 to $20,000 worth of coins, if your numbers are correct.



Quote
The conversion from Gridcoin Classic to Gridcoin POR was announced in October of 2014

Announced where?  Not on Poloniex where people were buying it.  Between October and March, GRCX consistently traded for over 3000 satoshis, going almost to 6000 in November, and then over 9000 in March.  On April 20, the last day of the swap, it was still trading for 4400 before it was delisted with no notice.  All of those people buying and selling on April 20 were unaware of the swap.

If those people buying and selling on Poloniex had happened to check this topic on April 20th, what would they have seen?  Any news about the swap?  I see 4 posts from you on April 20th, and not a single word about all those coins becoming worthless:

https://bitcointalk.org/index.php?topic=324118.4180

Maybe the big reddit thread from the same day?

http://www.reddit.com/r/Futurology/comments/335ff1/the_currency_of_the_future_inherently_supports/?sort=new

No, nothing about a swap.  
full member
Activity: 131
Merit: 100
try to convert them, it should still work, the conversion is not yet shut down!

here: http://pool.gridcoin.us/CoinExchange.aspx
sr. member
Activity: 518
Merit: 250
If you had bother to check THE MAIN SITE, reddit gridcoin page, twitter gridcoin account: you would have known about the conversion a long time ago!!!!!!


I would have bothered to check, but I didn't know the people running the coin were untrustworthy and required constant vigilance, like you're saying.  Nobody told me, "If you have Gridcoin, you need to check regularly to see if you're being fucked out of your money."

So when people get the new Gridcoin, how often should they check online to see if their coins are being cancelled and made worthless?  Once a month? 

When I bought Gridcoin, there was no requirement to have Twitter.  They just took my bitcoins.  So, for the new Gridcoin, are you required to buy the coins with your Twitter account so you can be notified when the coins are obsolete?
legendary
Activity: 1260
Merit: 1001
I don't know if the GRC classic chain is still running or if anyone is even mining it. My impression was that 20th of April was the cutoff period.

wait is it not still possible to convert the coins? You can still convert them to Gridcoin Research afaik?

But hurry up, the conversion period is officially already over!
full member
Activity: 131
Merit: 100
wait is it not still possible to convert the coins? You can still convert them to Gridcoin Research afaik?

But hurry up, the conversion period is officially already over!
newbie
Activity: 38
Merit: 0
yes, and the technology had to change in order to be able to increase efficiency from 50% (alongside scrypt) to whopping 98% of computational power which is utilized for science!
This blockchain is so damn bleeding edge, it took quite an effort to convey our main developer not to drop update releases on prod multiple times daily.
Community had decided to announce and deploy a 6 MONTHS grace period for conversion. Our other exchanges worked with us, Poloniex failed again.
Find an overview at http://uscore.net

It has been on the FRONT PAGE at the TOP of the main site since October : http://gridcoin.us THE MAIN SITE!!!!!!!

Twitter last call on the 20th of April: https://twitter.com/GridcoinNetwork/status/590282370852335616

Reddit: http://www.reddit.com/r/gridcoin/comments/2wy43d/important_migration_from_gridcoin_classic_to/ this post has been sitting at the TOP on the main reddit page since the start of the conversion.

If you had bother to check THE MAIN SITE, reddit gridcoin page, twitter gridcoin account: you would have known about the conversion a long time ago!!!!!!

Like I said, I don't know what to tell you or anyone else who did not bother keeping up with the news updates!

BTW, I alerted and mentioned to Poloniex on numerous occasions about the switch and they were well aware of it and did not even bother to make any announcements on their exchange, which I personally consider very unprofessional.




So that is approximately 1.28 mil classic coins that have not been burned.

So at least $10,000 to $20,000 worth of coins, if your numbers are correct.



Quote
The conversion from Gridcoin Classic to Gridcoin POR was announced in October of 2014

Announced where?  Not on Poloniex where people were buying it.  Between October and March, GRCX consistently traded for over 3000 satoshis, going almost to 6000 in November, and then over 9000 in March.  On April 20, the last day of the swap, it was still trading for 4400 before it was delisted with no notice.  All of those people buying and selling on April 20 were unaware of the swap.

If those people buying and selling on Poloniex had happened to check this topic on April 20th, what would they have seen?  Any news about the swap?  I see 4 posts from you on April 20th, and not a single word about all those coins becoming worthless:

https://bitcointalk.org/index.php?topic=324118.4180

Maybe the big reddit thread from the same day?

http://www.reddit.com/r/Futurology/comments/335ff1/the_currency_of_the_future_inherently_supports/?sort=new

No, nothing about a swap.  
legendary
Activity: 1260
Merit: 1001
It has been on the FRONT PAGE at the TOP of the main site since October : http://gridcoin.us THE MAIN SITE!!!!!!!

Twitter last call on the 20th of April: https://twitter.com/GridcoinNetwork/status/590282370852335616

Reddit: http://www.reddit.com/r/gridcoin/comments/2wy43d/important_migration_from_gridcoin_classic_to/ this post has been sitting at the TOP on the main reddit page since the start of the conversion.

If you had bother to check THE MAIN SITE, reddit gridcoin page, twitter gridcoin account: you would have known about the conversion a long time ago!!!!!!

Like I said, I don't know what to tell you or anyone else who did not bother keeping up with the news updates!

BTW, I alerted and mentioned to Poloniex on numerous occasions about the switch and they were well aware of it and did not even bother to make any announcements on their exchange, which I personally consider very unprofessional.




So that is approximately 1.28 mil classic coins that have not been burned.

So at least $10,000 to $20,000 worth of coins, if your numbers are correct.



Quote
The conversion from Gridcoin Classic to Gridcoin POR was announced in October of 2014

Announced where?  Not on Poloniex where people were buying it.  Between October and March, GRCX consistently traded for over 3000 satoshis, going almost to 6000 in November, and then over 9000 in March.  On April 20, the last day of the swap, it was still trading for 4400 before it was delisted with no notice.  All of those people buying and selling on April 20 were unaware of the swap.

If those people buying and selling on Poloniex had happened to check this topic on April 20th, what would they have seen?  Any news about the swap?  I see 4 posts from you on April 20th, and not a single word about all those coins becoming worthless:

https://bitcointalk.org/index.php?topic=324118.4180

Maybe the big reddit thread from the same day?

http://www.reddit.com/r/Futurology/comments/335ff1/the_currency_of_the_future_inherently_supports/?sort=new

No, nothing about a swap.  
sr. member
Activity: 518
Merit: 250
Quote
thetrasp
 2015-04-22 12:52:12   Huh, grcx removed all of a sudden? Or have I been away for too long again
http://www.polonibox.com/?messageId=2841484

Quote
edwardjd
 2015-04-21 17:25:16   Does poloniex have GRC?
http://www.polonibox.com/?messageId=2838782

Quote
Pascal-5eab
 2015-04-20 13:39:05   there appears to still be a lot of GRCX on deposit on Poloniex (some of it mine)
http://www.polonibox.com/?messageId=2834322

Quote
snakes
 2015-04-20 13:32:22   GeezUp, maybe a notice would be in order? There 43k+ grcx still on the books...
http://www.polonibox.com/?messageId=2834306

Quote
jasons222222
 2015-04-20 13:30:37   can someone tell busoni that GRCx is being shutdown today
http://www.polonibox.com/?messageId=2834303




How did all those people miss the big announcement?
sr. member
Activity: 518
Merit: 250

So that is approximately 1.28 mil classic coins that have not been burned.

So at least $10,000 to $20,000 worth of coins, if your numbers are correct.



Quote
The conversion from Gridcoin Classic to Gridcoin POR was announced in October of 2014

Announced where?  Not on Poloniex where people were buying it.  Between October and March, GRCX consistently traded for over 3000 satoshis, going almost to 6000 in November, and then over 9000 in March.  On April 20, the last day of the swap, it was still trading for 4400 before it was delisted with no notice.  All of those people buying and selling on April 20 were unaware of the swap.

If those people buying and selling on Poloniex had happened to check this topic on April 20th, what would they have seen?  Any news about the swap?  I see 4 posts from you on April 20th, and not a single word about all those coins becoming worthless:

https://bitcointalk.org/index.php?topic=324118.4180

Maybe the big reddit thread from the same day?

http://www.reddit.com/r/Futurology/comments/335ff1/the_currency_of_the_future_inherently_supports/?sort=new

No, nothing about a swap. 
legendary
Activity: 1260
Merit: 1001
First of all, I am not the admin for Gridcoin, so if you have any problems you can take it up with him!!

So let me do the math for ya.

http://pool.gridcoin.us/CoinExchangeStatus.aspx --> Total Classic Amount Converted: 30,269,813.269 GRC  

http://explorer.gridcoin.us --> GRC classic Coinbase Amount:   31555144.7083

31555144.7083 - 30,269,813.269 = 1285331.4393

So that is approximately 1.28 mil classic coins that have not been burned.

The conversion from Gridcoin Classic to Gridcoin POR was announced in October of 2014 and ended on April 20th of 2015, so a few days ago.

Like I said, I don't know what else to tell ya.



Everyone in this community converted their coins, except for you!


I went to the Poloniex trollbox for about 5 minutes and somebody else showed up asking what happened to Gridcoin.  

So you're a liar.  

Would you like to provide us with some numbers showing the total coin supply compared to the number of coins burned?

Of course you wouldn't, because then we'd have a better idea about how many people got screwed out of their coins.
sr. member
Activity: 518
Merit: 250
Everyone in this community converted their coins, except for you!


I went to the Poloniex trollbox for about 5 minutes and somebody else showed up asking what happened to Gridcoin. 

So you're a liar. 

Would you like to provide us with some numbers showing the total coin supply compared to the number of coins burned?

Of course you wouldn't, because then we'd have a better idea about how many people got screwed out of their coins.
legendary
Activity: 1260
Merit: 1001
Everyone in this community converted their coins, except for you! Sorry, but I don't know what else to tell you.

Admit your mistakes and move on!



I already admitted that I shouldn't have bought Gridcoin or invested in this scam community.  Now I am moving on to let everyone know about it. 
sr. member
Activity: 518
Merit: 250
Admit your mistakes and move on!



I already admitted that I shouldn't have bought Gridcoin or invested in this scam community.  Now I am moving on to let everyone know about it. 
legendary
Activity: 1260
Merit: 1001
Admit your mistakes and move on!

You had 6 months, if you did not make the effort to keep up with the updates, then that is your problem. You are the one who is ignorant and lazy!



When I bought the coin, I thought it was a real cryptocurrency that could be used as a store of value.  I didn't know it was a limited-time scam, full of pieces of shit like you. 
sr. member
Activity: 518
Merit: 250
You had 6 months, if you did not make the effort to keep up with the updates, then that is your problem. You are the one who is ignorant and lazy!



When I bought the coin, I thought it was a real cryptocurrency that could be used as a store of value.  I didn't know it was a limited-time scam, full of pieces of shit like you. 
legendary
Activity: 1260
Merit: 1001
You had 6 months, if you did not make the effort to keep up with the updates, then that is your problem. You are the one who is ignorant and lazy!

I honestly don't know why people waited till the last minute.



Then let me explain it to you, since you admit your complete ignorance:


Step 1:  Hear about Gridcoin
Step 2:  Buy Gridcoin on Poloniex
Step 3:  Continue your life every day like a normal person, check Bitcointalk sometimes
Step 4:  Go to Poloniex one day and find out:  "These coins are worthless now, thanks for your money dumbass, fuck you."
Step 5:  From now on, make sure to tell everyone that Gridcoin ripped you off


That's how it works.  Glad I could help, let me know if you have any more questions.
sr. member
Activity: 518
Merit: 250
I honestly don't know why people waited till the last minute.



Then let me explain it to you, since you admit your complete ignorance:


Step 1:  Hear about Gridcoin
Step 2:  Buy Gridcoin on Poloniex
Step 3:  Continue your life every day like a normal person, check Bitcointalk sometimes
Step 4:  Go to Poloniex one day and find out:  "These coins are worthless now, thanks for your money dumbass, fuck you."
Step 5:  From now on, make sure to tell everyone that Gridcoin ripped you off


That's how it works.  Glad I could help, let me know if you have any more questions.
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