1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[Supa]

Just copped me 130717.56487026 Pieces of PAC coin...at. 0.00000001

How much was that in USD?

 

[ORDER_66]

How much was that in USD?

So like... $3.79 worth

Around $4...

 

[KingTut]

This dude really sat down and went through mall and hotel floor plans to figure out where Trevon James lives.

 

[Supa]

Around $4...

Did you read the Announcement before you bought them?

 

[ORDER_66]

Did you read the Announcement before you bought them?

I'm reading the information now, what announcement you talking about?

 

[Supa]

I'm reading the information now, what announcement you talking about?

Here's some information about the upcoming fork in March

Lets say I own 10 million PAC and the price of PAC is 1 dollar, this means I own 10 million dollars worth of PAC. After the fork the total supply of PACcoin will be reduced by 1000x this means I only have 10,000 new PACcoins.

THE PRICE OF A COIN = Total market cap / the amount of PACcoins in supply. Therefore assuming that the market cap remains the same at the time of the fork then the price of each PACcoin will increase by 1000x to 1,000 dollars to match the new supply/demand.

I will own the same slice of the pie and even though I have a reduced amount of coins. They hold the same USD value. My 10,000 new PACcoins are still worth 10 million dollars. Did this help?

Looks like you're asking about the PACcoin redemption starting on March 1st?

The reason for the 1000:1 coin redemption is to make the coin tradeable with BTC and other coin pairings. At it's current total coin count of trillions, it is not sustainable for the network and would have inflated to a point of being unusable. Also the old coin is very flawed and lacks scalability so the fork that is coming in March will address these issues. This also opens up the doors for us to get featured on almost any exchange we want.

How do I redeem my coins? You need to get your coins off the exchange and into the old PACcoin wallet as well as downloading the NEW PAC wallet that will hold the upgraded coin. Once your coins are safely in our wallet you must send your coins to your dedicated redemption team address, only send your coins to official redemption addresses on our website. Your old coins will not redeem to new coins if you leave them on an exchange. You must be quick, as the redemption scale will decrease the longer you leave it. After 1 month you can only redeem your coins at a ratio of 2000:1, then month 3, 3000:1 and so on. So it is in your best interest to make the swap asap. I will have 1000x fewer coins, I'm loosing money? Not at all... please type ?fork to learn more about how the value of your coins remains the same after the change over to the new coin in March.

You can't withdraw from cryptopia because the wallet is in maintenance. Supposedly cryptopia will swap the coins but it is not confirmed.

 

[ORDER_66]

[ANNOUNCE] paccoin a new SHA256D coin is being introduced

Here's some information about the upcoming fork in March

Lets say I own 10 million PAC and the price of PAC is 1 dollar, this means I own 10 million dollars worth of PAC. After the fork the total supply of PACcoin will be reduced by 1000x this means I only have 10,000 new PACcoins.

THE PRICE OF A COIN = Total market cap / the amount of PACcoins in supply. Therefore assuming that the market cap remains the same at the time of the fork then the price of each PACcoin will increase by 1000x to 1,000 dollars to match the new supply/demand.

I will own the same slice of the pie and even though I have a reduced amount of coins. They hold the same USD value. My 10,000 new PACcoins are still worth 10 million dollars. Did this help?



If this is TRUE then.... Can this be true???

 

[ORDER_66]

You can't withdraw from cryptopia because the wallet is in maintenance. Supposedly cryptopia will swap the coins but it is not confirmed.

I don't withdraw...

 

[Eternally Jaded]

Aye y'all i been trying to fix the chat but ish ain't working sooooo, somebody else make a channel n do better than me. Done with this ish

 

[Liu Kang]

[ANNOUNCE] paccoin a new SHA256D coin is being introduced

Here's some information about the upcoming fork in March

Lets say I own 10 million PAC and the price of PAC is 1 dollar, this means I own 10 million dollars worth of PAC. After the fork the total supply of PACcoin will be reduced by 1000x this means I only have 10,000 new PACcoins.

THE PRICE OF A COIN = Total market cap / the amount of PACcoins in supply. Therefore assuming that the market cap remains the same at the time of the fork then the price of each PACcoin will increase by 1000x to 1,000 dollars to match the new supply/demand.

I will own the same slice of the pie and even though I have a reduced amount of coins. They hold the same USD value. My 10,000 new PACcoins are still worth 10 million dollars. Did this help?



If this is TRUE then.... Can this be true???

What is true ? If you have $4 worth of PACcoin, after the swap you will still own $4 worth of PACcoin. Supply is being cut by 1000 while the new coin value will increase 1000 fold. Quick maffs, B.

 

[Supa]

I don't withdraw...

You need to:

 

[Houston911]

Coli Crypto Chat

Join this telegram, see if it displays the names properly

 

[ORDER_66]

What is true ? If you have $4 worth of PACcoin, after the swap you will still own $4 worth of PACcoin. Supply is being cut by 1000 while the new coin value will increase 1000 fold. Quick maffs, B.

I'm saying tho... If I have pac now after the fork the value shoots up... if I sell it for the new readjusted value correct even if it's $4 worth it's value is crazy high right?

 

[ORDER_66]

You need to:

I get it...

 

[Supa]

I get it...

You would've been better off just buying the new coin but it's $4 so