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Main => Technical Support => Topic started by: excell831 on May 08, 2018, 11:08:27 pm

Title: I get this error "Failed to broadcast the transaction: Assert Exception: "
Post by: excell831 on May 08, 2018, 11:08:27 pm

Hello and thanks for anyone in advance who can help me out with this problem.
When attempting to borrow bitGold into existence, I get the error message "Failed to broadcast the transaction:
Assert Exception: !_bitasset_data->has_settlement():"
Does anyone know why I get this message?
(https://i.imgur.com/72Aojtp.png)

Title: Re: I get this error "Failed to broadcast the transaction: Assert Exception: "
Post by: Bangzi on May 08, 2018, 11:30:59 pm

Please try different nodes.

Title: Re: I get this error "Failed to broadcast the transaction: Assert Exception: "
Post by: pc on May 09, 2018, 01:01:27 pm

You can't currently borrow bitGOLD because it has seen a black swan during the recent drop of BTS.

Title: Re: I get this error "Failed to broadcast the transaction: Assert Exception: "
Post by: excell831 on May 10, 2018, 04:59:48 am

Does this mean holders of bitGold had their bitGold converted to BTS forcefully?

Title: Re: I get this error "Failed to broadcast the transaction: Assert Exception: "
Post by: pc on May 10, 2018, 10:08:13 am

Quote from: excell831 on May 10, 2018, 04:59:48 am

Does this mean holders of bitGold had their bitGold converted to BTS forcefully?

No, the bitGOLD still exists, only it isn't pegged to actual gold anymore. It can be exchanged (i. e. settled immediately) for 4,753 BTS per GOLD, until the BTS price recovers sufficiently.

Title: Re: I get this error "Failed to broadcast the transaction: Assert Exception: "
Post by: excell831 on May 11, 2018, 02:11:12 am

So the settlement option means bitGold holders did not lose any money correct? And when do you think I will be able to borrow bitGold again?