BitShares PLAY Snapshot on BTS 2014-12-08 !

Started by HackFisher, November 21, 2014, 02:53:43 AM

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robrigo

Quote from: CapR on December 12, 2014, 04:20:25 PM
QuoteYou can safely move your BTS to a local wallet and be sure that BTER will honor your BTS that was in their control during the snapshot in the form of PLAY when that DAC is launched.

That's pretty much what I needed to know.  Thanks.

Anytime.  ;)

CapR

#45
QuoteYou can safely move your BTS to a local wallet and be sure that BTER will honor your BTS that was in their control during the snapshot in the form of PLAY when that DAC is launched.

That's pretty much what I needed to know.  Thanks.

robrigo

Quote from: CapR on December 12, 2014, 05:40:57 AM

Quote
you can redeem your BTS in the BTS client using the private keys that hold BTS
you can redeem your PLAY in the PLAY client (once released) with the private keys that have held BTS at the time of the snapshot

I emailed Bter and they said they can't export user wallets/private keys because they use the same coin wallets for all accounts.  Meaning I can't import my BTS into my client with the PLAY share and I have to have my BTS in my client in order to take advantage of all the coming snapshots.   Atleast that's what I understanding. Likewise, I don't feel safe keeping funds on an exchange. Sorry if I'm aggrivating anyone.

If you held BTS on bter during the snapshot, and you have the BTSPLAY or w/e it's called, that means they will redeem the private keys when PLAY is released and credit your account. You can safely move your BTS to a local wallet and be sure that BTER will honor your BTS that was in their control during the snapshot in the form of PLAY when that DAC is launched.

CapR


Quote
you can redeem your BTS in the BTS client using the private keys that hold BTS
you can redeem your PLAY in the PLAY client (once released) with the private keys that have held BTS at the time of the snapshot

I emailed Bter and they said they can't export user wallets/private keys because they use the same coin wallets for all accounts.  Meaning I can't import my BTS into my client with the PLAY share and I have to have my BTS in my client in order to take advantage of all the coming snapshots.   Atleast that's what I understanding. Likewise, I don't feel safe keeping funds on an exchange. Sorry if I'm aggrivating anyone.

xeroc

Quote from: CapR on December 11, 2014, 11:24:12 PM
Why are my BTS IOUs on Bter?
your BTS on Bter are not IOUs ... you can safely withdraw them
your PLAY are IOUs .. as the blockchain and the client have not been released yet

xeroc

Quote from: CapR on December 11, 2014, 11:17:25 PM
Will I be able to redeem my BTS in other DACs if they are kept in a PLAY wallet?
you can redeem your BTS in the BTS client using the private keys that hold BTS
you can redeem your PLAY in the PLAY client (once released) with the private keys that have held BTS at the time of the snapshot

CapR

#40
Quote
PLAY will have its own chain and own client ..

So I can't redeem my BTS in other DACs if i keep them in a PLAY wallet since PLAY will be its own separate network because that's what DACs are.

Quote
thats alao why you atm cannot withdraw them.from bter.. thoae are IOU on bter

Why are my BTS IOUs on Bter?

CapR


Nothing to do now but wait for the PLAY wallet release.
[/quote]

Will I be able to redeem my BTS in other DACs if they are kept in a PLAY wallet?

xeroc

Quote from: CapR on December 11, 2014, 04:52:08 AM
I had BTS in my Bter account during the snapshot and my balance page is showing "for PlayBTS_S1".  Hence, i assume Bter will honor my BTS in PLAY.  However, does this mean i have to keep these funds on the exchange because that doesn't seem safe to me.  Thx for any help on this.

EDIT: So we have to wait for the PLAY wallet?  Is this wallet different than BTS client?  I'm confused.
PLAY will have its own chain and own client .. thats alao why you atm cannot withdraw them.from bter.. thoae are IOU on bter

CapR

#37
I had BTS in my Bter account during the snapshot and my balance page is showing "for PlayBTS_S1".  Hence, i assume Bter will honor my BTS in PLAY.  However, does this mean i have to keep these funds on the exchange because that doesn't seem safe to me.  Thx for any help on this.

EDIT: So we have to wait for the PLAY wallet?  Is this wallet different than BTS client?  I'm confused.

islandking

#36
Is BTER giving you guys BTSPLAY on your account balance?

EDIT: I see it now.
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi

bitcoinpete

Quote from: bitcoinpete on December 10, 2014, 05:45:46 AM
Quote from: Lilith81 on December 09, 2014, 04:01:51 PM
On Bter they should have asked you to move the Bts in their wallet to be allocated the play shares, if you just left on the exchange i think no.
So by having them in my bter wallet I will not get credited?
Scratch my last post I just checked my bter account and I got an equal amount of btsplay to my btsx, Relieved now :)

bitcoinpete

Quote from: Lilith81 on December 09, 2014, 04:01:51 PM
On Bter they should have asked you to move the Bts in their wallet to be allocated the play shares, if you just left on the exchange i think no.
So by having them in my bter wallet I will not get credited?

Riverhead

Quote from: tomatohead on December 09, 2014, 08:44:01 PM
Hello, I had shares of BTS on BTER and received an equivalent amount of PLAY shares. I also had a large amount of BTS shares in my wallet, did they count in the snapshot?? Is there something I need to do??

Any help would be appreciated.
Nothing to do now but wait for the PLAY wallet release.

Frodo

Quote from: tomatohead on December 09, 2014, 08:44:01 PM
I also had a large amount of BTS shares in my wallet, did they count in the snapshot?? Is there something I need to do??

Yes, they do count.
For now you don't need to do anything. Once the PLAY chain get's released you can import your BTS keys into the PLAY wallet.