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Offline logxing

Is there a BTSX snapshot when BTSX upgrade to BTS?
« on: October 23, 2014, 11:39:22 PM »

Should I withdraw my BTSX from exchange or do something?
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Offline Riverhead

Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #1 on: October 23, 2014, 11:44:46 PM »
Should I withdraw my BTSX from exchange or do something?

I would have it in a personal wallet. The BTSX to BTS snapshot will be 1:1 and is being honored by BTER and BTC38.

Offline sfinder

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #2 on: October 23, 2014, 11:45:17 PM »
same question here. But look like ssnapshot has nothing to do with btsx . Only future dac need to have snapshot for btsx

Should I withdraw my BTSX from exchange or do something?
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Offline mavisjames

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #3 on: October 25, 2014, 03:51:42 AM »
@Bytemaster, Are you guys just going to hardfork the current BTSX blockchain or launch a brand new BTS genesis blockchain off the snapshot essentially leaving all BTSX worthless after the snapshot?
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Offline feedthemcake

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #4 on: October 25, 2014, 04:48:47 AM »
Anyone ask Poloniex and bittrex about honoring?

Offline Ander

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #5 on: October 25, 2014, 04:50:54 AM »
Anyone ask Poloniex and bittrex about honoring?

Send your shares to btc38 or bter imo. 

Bter has announcements in the pages for the shares stating they will honor the snapshot and when it is occurring.  Its very nice.
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Offline xeroc

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #6 on: October 25, 2014, 11:11:27 AM »
@Bytemaster, Are you guys just going to hardfork the current BTSX blockchain or launch a brand new BTS genesis blockchain off the snapshot essentially leaving all BTSX worthless after the snapshot?

for BTSX users there will just be a client update .. renaming BTSX to BTS .. all trades .. all bitUSD will just continue to be there .. no major change ..
it's not really a hard "fork" .. more a hard "upgrade"
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Offline 天籁

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #7 on: October 26, 2014, 05:41:22 AM »
@Bytemaster, Are you guys just going to hardfork the current BTSX blockchain or launch a brand new BTS genesis blockchain off the snapshot essentially leaving all BTSX worthless after the snapshot?

for BTSX users there will just be a client update .. renaming BTSX to BTS .. all trades .. all bitUSD will just continue to be there .. no major change ..
it's not really a hard "fork" .. more a hard "upgrade"
So the shorts need not be covered, sure? It is very important!

Offline onceuponatime

Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #8 on: October 26, 2014, 06:03:42 AM »
Anyone ask Poloniex and bittrex about honoring?

Send your shares to btc38 or bter imo.


Bter has announcements in the pages for the shares stating they will honor the snapshot and when it is occurring.  Its very nice.

And pay a 1% withdrawal rate later to take out shares?

Offline xeroc

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #9 on: October 26, 2014, 12:46:13 PM »
@Bytemaster, Are you guys just going to hardfork the current BTSX blockchain or launch a brand new BTS genesis blockchain off the snapshot essentially leaving all BTSX worthless after the snapshot?

for BTSX users there will just be a client update .. renaming BTSX to BTS .. all trades .. all bitUSD will just continue to be there .. no major change ..
it's not really a hard "fork" .. more a hard "upgrade"
So the shorts need not be covered, sure? It is very important!
If every short has to be covered before the "airdrop" .. would result in the need for ALL bitUSD to be destroyed .. effectively killing the market ..

conclusion: Having the need to cover shorts will kill bitUSD in short term .. make investors angry and people lose money ..

conclusion2: There will surely be no need to cover your short position!! (due to the "merger"/ transition to the superDAC!)

further supportive indications: BTS will be just a software update to BTSX .. nothing more!
all bitAsset balances will be preseverd .. all open orders will be preserved .. no changes will be made to the market engine (unless bugfixes)
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Offline speedy

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #10 on: October 26, 2014, 12:51:41 PM »
further supportive indications: BTS will be just a software update to BTSX .. nothing more!
all bitAsset balances will be preseverd .. all open orders will be preserved .. no changes will be made to the market engine (unless bugfixes)

Bytemaster has confirmed that already.

Offline 天籁

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #11 on: October 26, 2014, 12:54:27 PM »
@Bytemaster, Are you guys just going to hardfork the current BTSX blockchain or launch a brand new BTS genesis blockchain off the snapshot essentially leaving all BTSX worthless after the snapshot?

for BTSX users there will just be a client update .. renaming BTSX to BTS .. all trades .. all bitUSD will just continue to be there .. no major change ..
it's not really a hard "fork" .. more a hard "upgrade"
So the shorts need not be covered, sure? It is very important!
If every short has to be covered before the "airdrop" .. would result in the need for ALL bitUSD to be destroyed .. effectively killing the market ..

conclusion: Having the need to cover shorts will kill bitUSD in short term .. make investors angry and people lose money ..

conclusion2: There will surely be no need to cover your short position!! (due to the "merger"/ transition to the superDAC!)

further supportive indications: BTS will be just a software update to BTSX .. nothing more!
all bitAsset balances will be preseverd .. all open orders will be preserved .. no changes will be made to the market engine (unless bugfixes)
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Offline cube

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #12 on: October 26, 2014, 04:24:33 PM »
@Bytemaster, Are you guys just going to hardfork the current BTSX blockchain or launch a brand new BTS genesis blockchain off the snapshot essentially leaving all BTSX worthless after the snapshot?

for BTSX users there will just be a client update .. renaming BTSX to BTS .. all trades .. all bitUSD will just continue to be there .. no major change ..
it's not really a hard "fork" .. more a hard "upgrade"
So the shorts need not be covered, sure? It is very important!
If every short has to be covered before the "airdrop" .. would result in the need for ALL bitUSD to be destroyed .. effectively killing the market ..

conclusion: Having the need to cover shorts will kill bitUSD in short term .. make investors angry and people lose money ..

conclusion2: There will surely be no need to cover your short position!! (due to the "merger"/ transition to the superDAC!)

further supportive indications: BTS will be just a software update to BTSX .. nothing more!
all bitAsset balances will be preseverd .. all open orders will be preserved .. no changes will be made to the market engine (unless bugfixes)

From what you are saying, I presume it is a name change 'btsx' to 'bts'. Is that right?
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Offline xeroc

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Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #13 on: October 26, 2014, 04:35:44 PM »
That's my understanding .. yea ..
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Offline bytemaster

Re: Is there a BTSX snapshot when BTSX upgrade to BTS?
« Reply #14 on: October 26, 2014, 10:07:27 PM »
Just a name change... BTSX and BitAsset holder have nothing to do.
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