If I had ETH on a exchange are they required to have a etc balance for me as wel

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Alley on July 26, 2016, 10:42:15 AM

Or they are basicly stealing?

XPOST (applies to all exchanges but especially Shitlord HQ, aka Coinbase)

Quote from: ?? on ??

IF YOU HAVE mETH on GDAX, let Brian and Fred know they owe you the equivalent ETC.

Don't let Coinbase steal your ETC and dump them in their effort to suppress the immutable original chain with economic attacks.

If they blow you off, send a Letter of Demand via Certified mail. CC the SEC, California State AG, and local BBB.

Make it very clear the longer they drag their feet, the more they will owe you for the lost time/opportunity.

GDAX cannot hold out when all the other exchanges are jumping on the ETC train.

The pressure will be unimaginable when lawyers and regulators look into GDAX manipulating market outcomes, at the expense of betraying their fiduciary responsibilities and duties, and with exorbitant conflicts of interest at play.

Miz4r

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Quote from: Minecache on July 26, 2016, 12:41:23 PM

Quote from: Miz4r on July 26, 2016, 11:40:57 AM

Quote from: Minecache on July 26, 2016, 11:25:07 AM

Quote from: Alley on July 26, 2016, 10:42:15 AM

Or they are basicly stealing?

What the hell you talking about? An exchange doesn't have to give you anything beside the coinage you have purchased.

Everyone who had ETH before the hard fork automatically got an equal amount of ETC after the fork happened. People expected the original chain to quickly die making coins on the old chain worthless but this didn't happen so now everyone who had ETH on an exchange while the hard fork happened should also have an equal amount of ETC. If the exchange doesn't give them their ETC they are basically stealing them from them.

This is incorrect. Whenever someone purchased ETH from an exchange the contract between purchaser and exchange was on the sale of ETH and nothing else. Exchange is under no obligation to provide ETC because the exchange didn't perform the HF.

You're 100% wrong here. People actually purchased ETC and not ETH, as ETH is the forked coin and ETC the original pre-fork coin that existed before the fork when these people bought their coins. But they're the same thing really and the exchange who holds your coins now has both ETH and ETC and they're obligated to give you your ETC as well as your ETH as both exist and have value.

blackyblack

sr. member

Activity: 377

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Guys your ETH might contain some ETC attached. Check it every time you have an incoming ETH transfer or have some ETH holdings. You can get extra 2-3 bucks for each good ETH (I call them ETH1).

shyliar

hero member

Activity: 728

Merit: 500

Likely any exchange will provide the ETC at some point. That's if they want to keep their customers and stay in business. Some exchanges were drawn into the hype that only one chain would exist after the fork and as such are unprepared software wise to return the ETC immediately. Give them a little time.

Minecache

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Activity: 2184

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Vave.com - Crypto Casino

Quote from: Miz4r on July 26, 2016, 11:40:57 AM

Quote from: Minecache on July 26, 2016, 11:25:07 AM

Quote from: Alley on July 26, 2016, 10:42:15 AM

Or they are basicly stealing?

What the hell you talking about? An exchange doesn't have to give you anything beside the coinage you have purchased.

Everyone who had ETH before the hard fork automatically got an equal amount of ETC after the fork happened. People expected the original chain to quickly die making coins on the old chain worthless but this didn't happen so now everyone who had ETH on an exchange while the hard fork happened should also have an equal amount of ETC. If the exchange doesn't give them their ETC they are basically stealing them from them.

This is incorrect. Whenever someone purchased ETH from an exchange the contract between purchaser and exchange was on the sale of ETH and nothing else. Exchange is under no obligation to provide ETC because the exchange didn't perform the HF.

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: Minecache on July 26, 2016, 11:25:07 AM

Quote from: Alley on July 26, 2016, 10:42:15 AM

Or they are basicly stealing?

What the hell you talking about? An exchange doesn't have to give you anything beside the coinage you have purchased.

Everyone who had ETH before the hard fork automatically got an equal amount of ETC after the fork happened. People expected the original chain to quickly die making coins on the old chain worthless but this didn't happen so now everyone who had ETH on an exchange while the hard fork happened should also have an equal amount of ETC. If the exchange doesn't give them their ETC they are basically stealing them from them.

Alley

legendary

Activity: 910

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So all the exchanges just got a gift of etc equal to what their customers had in ETH? Seems fair...

Minecache

legendary

Activity: 2184

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Vave.com - Crypto Casino

Quote from: Alley on July 26, 2016, 10:42:15 AM

Or they are basicly stealing?

What the hell you talking about? An exchange doesn't have to give you anything beside the coinage you have purchased.

Also stay well away from ETC. It's a known scam and the attacker owns 7.3 million ETC that he's getting ready to dump on the ETC market.

Red-Apple

hero member

Activity: 1470

Merit: 655

no they don't have to do anything.

so far the usual normal way that things happen is this way: when any coin has a big change or a fork exchanges remove that coin until things settle down and see which fork (the new or old) becomes the stable version and to see if the new fork gets rejected or not.
and in the end they update their wallet to one of the forks and stay there and never accept the other one.

ethereum story has been wierd and unlike any other thing so far. they forked and exchanges forked right away without even waiting!!!

Alley

legendary

Activity: 910

Merit: 1000

Or they are basicly stealing?

Topic: If I had ETH on a exchange are they required to have a etc balance for me as wel (Read 414 times)