Just to get this straight.
According to the announcement on
www.bitbase.io this guy is creating a totally new website, the old coin will be abandoned and all the investors that contributed in the ICO will receive an equal amount of new tokens in their wallets? This is opening up some questions.
#1: According to Coinmarket Cap, BTBc coins valued with more than 11.000.000 USD have changed their owner since launch on coinexchange.io - this is almost 1500 BTC.
How does this solution compensate all the investors who set up the buywalls for the tanking price?#2: I have heard of investors who were able to withdraw money from the Bitbase platform to sell it on coinexchange.io
So these kind of lucky fellas will have booked their profits and will still receive the new coins?#3: In his announcement he is stating that there will be a Pre-ICO to "buy some time" - in the same run he says no new tokens are gonna be sold.
Should this be a sort of coin swap on the website for all the tokens that are already in circulation on the exchanges and wallets, but not an ICO (for BTC/ETH) in the traditional sense?
I was following this chat and the whole project for quite some time now. Not only that he is constantly having typos in his announcement, but he also releases information that has so many inconsistencies that his attempt to address the public causes more confusion than clarity. If anyone knows something, just post it please.
This guy is sitting in a giant shithole and whatever will be his next steps, there will be more blood on the streets.
