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if they are insolvent and want to kick the can down the road a while longer, I think they should be able to migrate still with stealth transfers.https://github.com/cryptonomex/graphene/wiki/StealthTransfers.
Quote from: Akado on October 24, 2015, 04:06:02 pmQuote from: Empirical1.2 on October 24, 2015, 03:52:38 pmApparently an issue might be that they don't have all the BTS they're supposed too. Quote from: alt on September 12, 2015, 04:26:19 pmtitan account will lost privacy protect when upgrade to v2.0.btc38 claim they have 363,130,741.49991 BTS, but there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.guess what will happen at BTC38 when upgrade to v2.0?Not our problem. Their own fault. It's bad to whoever has BTS on BTC38 but people should be advise to withdraw asap. And if they refuse to comply with the community then just cease from supporting them. It's a shame that happens to an exchange with a reasonable volume but since they're not joining open ledger I dont really care.Dunno the consequences for the chinese community. Bter is a no-no. Btc38 might head the same way...You know what is cool? All the shady exchanges that don't sufficiently back their holder's tokens are now starting to be called out by NOT joining bitshares
Quote from: Empirical1.2 on October 24, 2015, 03:52:38 pmApparently an issue might be that they don't have all the BTS they're supposed too. Quote from: alt on September 12, 2015, 04:26:19 pmtitan account will lost privacy protect when upgrade to v2.0.btc38 claim they have 363,130,741.49991 BTS, but there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.guess what will happen at BTC38 when upgrade to v2.0?Not our problem. Their own fault. It's bad to whoever has BTS on BTC38 but people should be advise to withdraw asap. And if they refuse to comply with the community then just cease from supporting them. It's a shame that happens to an exchange with a reasonable volume but since they're not joining open ledger I dont really care.Dunno the consequences for the chinese community. Bter is a no-no. Btc38 might head the same way...
Apparently an issue might be that they don't have all the BTS they're supposed too. Quote from: alt on September 12, 2015, 04:26:19 pmtitan account will lost privacy protect when upgrade to v2.0.btc38 claim they have 363,130,741.49991 BTS, but there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.guess what will happen at BTC38 when upgrade to v2.0?
titan account will lost privacy protect when upgrade to v2.0.btc38 claim they have 363,130,741.49991 BTS, but there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.guess what will happen at BTC38 when upgrade to v2.0?
You know what is cool? All the shady exchanges that don't sufficiently back their holder's tokens are now starting to be called out by NOT joining bitshares
Quote from: Empirical1.2 on October 24, 2015, 03:52:38 pmApparently an issue might be that they don't have all the BTS they're supposed too. Quote from: alt on September 12, 2015, 04:26:19 pmtitan account will lost privacy protect when upgrade to v2.0.btc38 claim they have 363,130,741.49991 BTS, but there are only 228,449,248 BTS in their cold wallet. they refuse to public all reserve because they say it's not security.guess what will happen at BTC38 when upgrade to v2.0?That makes no sense. If they are short they would have been buying big and that would have held up the prices. They can not expect to ride it out for ever, sooner or later they will have to add BTS and they know that.