BTC38 (and now BTER) retroactive snapshot - lots of DNS holders made whole

[Riverhead]

Can someone please clarify this for me. I have some DNS in my wallet, I got them after importing my PTS wallet. Do I need to move DNS to somewhere right now? To Bter? I hear they have some sort of payback going on.

Also, are the PTS I used twice now (importing to BTSX and DNS) now worthless? They can still be used for that 2 year vesting period correct?

1) Keep your DNS where they are. You'll get the BTS for them that vests over two years.

2) PTS will be used to snapshot PLAY and who knows what else in the future. There is a project to migrate PTS to a DPOS chain that will also do a 1:1.

3) The PTS chain is getting a snapshot to determine distribution of 7% of the 500M shares being added to supply. PTS itself is not being touched.

To answer the question before yours about how the exchanges are going to handle the BTS AirDrop....that still remains to be seen. They can either pay out to your BTC38 account 1/730th/day, pay you all out at once, or do nothing and keep the BTS. The first option is most likely, the second would be best for the customer, and the third would be horrible. BTER and BTC38 have stated they'll do one or two.

[Protoman]

Can someone please clarify this for me. I have some DNS in my wallet, I got them after importing my PTS wallet. Do I need to move DNS to somewhere right now? To Bter? I hear they have some sort of payback going on.

Also, are the PTS I used twice now (importing to BTSX and DNS) now worthless? They can still be used for that 2 year vesting period correct?

[bobb]

The extra DNS compensation from 3I is based on wallet balance moved from Genesis before his "proposal" post. You'll either get it or not.

Sure, there is no question about the funds you were holding yourself.
But the topic of this thread was about bter and btc38 distributing the compensation to their users.
I just haven't found any details on how they will do that.

I would assume they'll do a retroactive snapshot like the subject says, just want to make sure if it is okay to withdraw the funds in question.
I guess, the compensation will be vested on bter's side.
But it would be nice to at least have control over the rest

It would really help if anyone who was in contact with bter could confirm that is ok to withdraw without losing the compensation.

Thanks so much in advance!

[Riverhead]

The extra DNS compensation from 3I is based on wallet balance moved from Genesis before his "proposal" post. You'll either get it or not. There's nothing that needs to be done for that bit.

[bobb]

It would be nice to hear how bter will distribute the BTS to DNS holders.

@toast: do you have any information from them?

Is it save to withdraw the DNS instead of leaving them on bter?
Or do you lose the compensation that way?

[skywalker861]

What the meaning of not leave？I went through the hard time.But  I have sold DNS yesterday. Can i get the extra BTS？

[Riverhead]

BTC38 has the same issue. They need to update their wallet to 0.05

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[svk]

just to double check.

One can withdraw the DNS from Bter and still receive the retroactive 'rollback BTS'?
Having funds stuck on an exchange for that long just isn't a good idea

thanks in advance!

I wanted to withdraw my DNS from BTER yesterday but the 10 DNS test never arrived. So I'm gonna have to keep them there for the snapshot I guess.

[bobb]

just to double check.

One can withdraw the DNS from Bter and still receive the retroactive 'rollback BTS'?
Having funds stuck on an exchange for that long just isn't a good idea

thanks in advance!

[Riverhead]

It can all be figured out after the fact and credit your account the appropriate BTS. There is no need to give you DNS.

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[clayop]

how will it be done? i suppose they have to allocate DNS into your account before Nov. 5th? would be nice to have more information.

[Shentist]

how will it be done? i suppose they have to allocate DNS into your account before Nov. 5th? would be nice to have more information.

[CLains]

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[Riverhead]

The 2B 1:1 allocation BTSX:BTS is not subject to vesting. All the other 500M is.

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[bobohuy]

Does anyone know when this one will happen? Before or after the snapshot date?

[margie]

Thanks for your efforts. But I bought some DNS from the exchange"yunbi", so can I get BTS?

I recall they said they could do retroactive snapshots but I haven't contacted them yet. I'll do so tomorrow.

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Thank you very much. You are a very nice man!!!

[toast]

Thanks for your efforts. But I bought some DNS from the exchange"yunbi", so can I get BTS?

I recall they said they could do retroactive snapshots but I haven't contacted them yet. I'll do so tomorrow.

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[margie]

Thanks for your efforts. But I bought some DNS from the exchange"yunbi", so can I get BTS?

[bobb]

toast, thank you so much!

[Shentist]

tx toast.

some good news, will take some pain.

I would like if you read my proposal and if you like it support it https://bitsharestalk.org/index.php?topic=10459.0

[Ander]

This is excellent, it is going to the right people now.

[Riverhead]

I had claimed a portion of my DNS to allow for name registration.
Please provide us with instructions (maybe sticky it) to properly reimburse I3 with what we are overpaid.

 

[bobohuy]

  great news

[infovortice2013]

yeah good news.

bad lucky i sell all my dns yesterday ¬¬

[Mysto]

 
And now everyone should finally be HAPPY!

[roadscape]

BTER said they can do rollbacks on an account-by-account basis!

Great news!

[bobmaloney]

I had claimed a portion of my DNS to allow for name registration.
Please provide us with instructions (maybe sticky it) to properly reimburse I3 with what we are overpaid.

[toast]

BTER said they can do rollbacks on an account-by-account basis!

We are working hard to figure out how much BTS we can get to each exchange / to claimed stake after launch. More updates later.

[bobb]

wow these are great news for the btc38 users.
Let's hope bter will do the same!

[cube]

Any DNS stake that had gone through a buy/sell prior to the retroactive snapshot (around 4pm oct 21) but had not left BTC38 will be accounted for and BTC38 will be given a lump sump of BTS to give to those people.

No guarantees that it will be enough to do 1:1 match, since this will completely clean out I3's DNS stake.

This means all you guys who claimed and got extra BTS bonus but feel like you don't deserve it (riverhead et al) should only reimburse people from BTER, not btc38.

Thanks!

Good news for the BTC38 users!  I hope Bter will do the same.  Your work will be cherished by many who suffered.   

[xeroc]

b]this will completely clean out I3's DNS stake.[/b]

Just wow!

This means all you guys who claimed and got extra BTS bonus but feel like you don't deserve it (riverhead et al) should only reimburse people from BTER, not btc38.

Can surely be arrange .. somehow ..

[toast]

Any DNS stake that had gone through a buy/sell prior to the retroactive snapshot (around 4pm oct 21) but had not left BTC38 will be accounted for and BTC38 will be given a lump sump of BTS to give to those people.

edit/update: BTER has said they can do rollbacks on an account-by-account basis. We will help figure out how much DNS was bought and give them a lump sum as well.

No guarantees that it will be enough to do 1:1 match, since this will completely clean out I3's DNS stake and will probably end up spread pretty thin.

Thanks!