* SNAPSHOT NOTICE *

biophil · November 05, 2014, 02:28:32 PM

Quote from: mavisjames on November 05, 2014, 02:31:58 AM
Quote from: Riverhead on November 05, 2014, 02:19:29 AM
BTSX doesn't have a vesting period but if you leave it on an exchange you're trusting them to, "Do the right thing".

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I take it those holding BitUSD are missing out on the airdrop ?

Your bitUSD will simply carry over to the new BTS.

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Riverhead · November 05, 2014, 02:34:08 AM

No. It's the same as holding BTSX. 1:1. Really BTSX isn't changing other than dropping the x and adding 500M to supply over two years. It's the same chain so nothing to AirDrop.

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mavisjames · November 05, 2014, 02:31:58 AM

Quote from: Riverhead on November 05, 2014, 02:19:29 AM
BTSX doesn't have a vesting period but if you leave it on an exchange you're trusting them to, "Do the right thing".

Sent from my SM-G900T using Tapatalk

I take it those holding BitUSD are missing out on the airdrop ?

N1947 · November 05, 2014, 02:22:39 AM

got it thanks ))

Riverhead · November 05, 2014, 02:19:29 AM

BTSX doesn't have a vesting period but if you leave it on an exchange you're trusting them to, "Do the right thing".

Sent from my SM-G900T using Tapatalk

N1947 · November 05, 2014, 02:02:33 AM

Quote from: Riverhead on November 05, 2014, 01:47:48 AM
If it's from the pts/dns AirDrop then they vest over two years. 1/730th a day.

It's unclear how the exchanges will field that. You should transfer your balances to a wallet you control.

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thanks for thunder speed respond,it seems that it s too late to withdraw my dns to wallet because btter only let 1.5 mil a day l will wait and see how they gonna field this.
what about BTSX?should l move to wallet?
thanks again have a nice one

Riverhead · November 05, 2014, 01:47:48 AM

If it's from the pts/dns AirDrop then they vest over two years. 1/730th a day.

It's unclear how the exchanges will field that. You should transfer your balances to a wallet you control.

Sent from my SM-G900T using Tapatalk

N1947 · November 05, 2014, 01:42:57 AM

hi
l m new to this dns and btsx and it s very complicated for me,my question is would redeemed bts be traded or not?
many thanks

Riverhead · November 05, 2014, 01:34:06 AM

No, end of day.

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fussyqbert · November 05, 2014, 01:17:21 AM

Just a question. The snapshot was Nov 5 UTC right? So about an hour and a half ago? Thanks!

neo1344 · November 04, 2014, 11:45:10 PM

Quote from: Graffenwalder on November 04, 2014, 07:55:14 PM
Is Bter even aware of the vesting period?

With other snapshots like music, they had à post explaining the snapshot.
Now with this significant snapshot they haven't even got à post explaining it.
It only says bter Will take the snapshot for you on the trading pages.

I know everybody has been advised to withdraw their PTS and DNS, to their wallets, on this forum.
But I guess not all traders are aware of this and the vesting period.
They might be "slightly agitated" when they find out their BTS (funds) will become linearly liquid over 2 years.

Also PTS and DNS, where to be meant to halt trading right? There's no mention of this to. And if they will available for trading, traders should be informed about a probable Price drop.

Don't mean to be trolling, but this could be a recipe for a new sh*tstorm.

hi
it seems that as a trader l ve no idea what s happening with DNS,l m trading on btter and they are going to participate to this snapshot and l relied on them however still confused about this 2 yrs period,would l be able to claim BTS and able to trade or not? any help?
thanks

graffenwalder · November 04, 2014, 07:55:14 PM

Is Bter even aware of the vesting period?

With other snapshots like music, they had à post explaining the snapshot.
Now with this significant snapshot they haven't even got à post explaining it.
It only says bter Will take the snapshot for you on the trading pages.

I know everybody has been advised to withdraw their PTS and DNS, to their wallets, on this forum.
But I guess not all traders are aware of this and the vesting period.
They might be "slightly agitated" when they find out their BTS (funds) will become linearly liquid over 2 years.

Also PTS and DNS, where to be meant to halt trading right? There's no mention of this to. And if they will available for trading, traders should be informed about a probable Price drop.

Don't mean to be trolling, but this could be a recipe for a new sh*tstorm.

Riverhead · November 04, 2014, 02:17:47 PM

Quote from: testz on November 04, 2014, 02:16:04 PM
Quote from: Riverhead on November 04, 2014, 02:11:50 PM
Thinking about the last block I too would like clarification. Is it 11:59:59 UTC tonight (the 4th) or tomorrow?

Last block of 5 Nov mean 5 Nov 23:59:59.999 UTC
Exchanges know it because they already participate in 2 snapshots.

Ok, so that gives time for either someone to build a Windows version for BTC38 or for BTC38 to get a Linux wallet up and running.

testz · November 04, 2014, 02:16:04 PM

Quote from: Riverhead on November 04, 2014, 02:11:50 PM
Thinking about the last block I too would like clarification. Is it 11:59:59 UTC tonight (the 4th) or tomorrow?

Last block of 5 Nov mean 5 Nov 23:59:59.999 UTC
Exchanges know it because they already participate in 2 snapshots.

Riverhead · November 04, 2014, 02:11:50 PM

Thinking about the last block I too would like clarification. Is it 11:59:59 UTC tonight (the 4th) or tomorrow? i.e End of Day of the 5th or Start Of Day of the 5th?

This is actually critical now becuase BTC38 does not have a working DNS client and therefore millions of DNS are stuck on their exchange. While they are honoring the snapshot they would need to be trusted for the next two years as the funds vest out. Anything could happen in that time...

Basically we need someone that can do an emergency Windows build of KeyID 0.05v for BTC38.