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RE: eBTC - What Are Your Thoughts?

in #crypto7 years ago

I got an airdrop from ebtc when that happened, the prices shot up to $.80 per token and then the price plummeted when people found a bug in the contract that would allow the developer to mint new coins, so the supply really wansn't limited to 21 million coins. The developer bailed, and some other developers have the contract key, and are working on creating a new token for a token swap for the current ebtc holders. There is alot of people that participated in the airdrop, so I believe if the new developers actually created the new token and are successful with the token swap and have a good road map then the price will really explode, but if the token swap doesn't happen, I don't see this token going very far....IMO. https://bitcointalk.org/index.php?topic=2210565.4920 thats the link for the token on bitcointalk, it already has 247 pages for that token, so its pretty big talk over there. I would follow that page to see how it all unfolds.

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Thank you for that invaluable information @bohemian ! I just edited this article to point people to your comment, as this is a HUGE PROBLEM and I don't think I'll invest much, if anything at all, because of it.

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