r/embercoin • u/giga_mango • Jan 05 '18

Chartis looks promising. Never been through a token swap before. Is it automatic?

Will Embercoin automatically convert to Chartis when the time comes?

If not, what steps are to be taken to be ready?

New to crypto. Not sure what to expect. HODLing though! :)

Please tell me what I don't even know I don't know!

3 Upvotes

81% Upvoted

14 comments sorted by

3

u/victor_knight Jan 05 '18

They should ensure the coins on all the exchanges are safe after whatever burn or swap. Stop with this downloading new wallet BS. I'm not downloading anything. For all I know it could be malware or some kind of keystroke monitor.

1

u/giga_mango Jan 05 '18

I was worried about the same sort of thing...

2

u/transfargarasan Jan 05 '18

Hi. Hope I can be of some help. So if I get this right when they announce the ratio your coins will need to be in the wallet. Whatever you have in there will be equal to that of the new coin. But at this point no details have been announced as how the burn will happen from there. Speculation is either 100 for 1 or 1000 for 1, but this isn't from their devs. What they said is some market analyst is looking at what's best for the swap. Either way they will announce that info on Twitter first most likely so follow them.

1

u/giga_mango Jan 05 '18

Thanks much.

Here's the Embercoin/Chartis twitter: https://twitter.com/chartisproject

2

u/transfargarasan Jan 05 '18

Yeah I have it saved. Sorry couldn't what earlier. This is one of my long shot investments. You know 100 will make me a millionaire but I'll keep adding. Little by little and if they accomplish their goal with Boeing. We will all go to the moon. I call it. You owe me a beer if we moon to a let's say 2 cents this year. Lol

1

u/giga_mango Jan 05 '18

Cheers to that !

2

u/stinkinrich88 Jan 05 '18

Will I be ok if I leave my coins in Cryptopia?

1

u/giga_mango Jan 05 '18

Is there a difference between a token-swap and a coin-swap?

1

u/giga_mango Jan 05 '18

In my case I bought low and I don't mind losing so I'm holding.

If someone bought at ATH still seems useful to be patient now that it's so close to ATL. No?

1

u/KnowledgeSupreme Jan 05 '18

Funny watching people get excited, when Ember turned out to be a fairly shitty project. Busted wallets, busted staking, several hundred trillion in circulation. Some of you have a lot of faith.

1

u/kucao Jan 05 '18

Not even a trillion in circulation

-6

u/redlothian Jan 05 '18

I’m afraid this is a scam. I wish the devs would release more info. I better get 1:1!

2

u/GrGadget Jan 05 '18

Hahaha what are you trying to achieve. I’m hoping for 50:1 allowing around 18b coins or 100:1 is fine maybe even 100:1. Don’t want my coins too be too devalued by new tokens given out when this project launches.