Hereby an offer to purchase PDC. I recommend to anyone with PDC to read the full page so you can make an informed decision.
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Nice one @seneca. Always professional and fair.
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Many of us could and should learn from @Seneca.
Me and the reproductively-challenged monochrome chap for starters 
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If all you’ve ever eaten is bamboo leaves it must be hard to see any other way
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It seems there’s currently a minor issue with our tool that allows you to transfer from BTC-OMNI to ETH-ERC20 PDC tokens. Nothing serious, just a display/detection issue in step 3. We’ll fix it soon.
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It should work again, you may have to refresh the page (F5).
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Hello @Seneca, the website of the buyback seems to be down since yesterday night. Is it still ok to send data to the ETH address you mentioned there, or is it better to wait until it is back online ? Thank you.
Hi @nowfeelsafer, as far as I can see the website is still working? It’s safe to send PDC, the website is only informative.
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Hi @Seneca,
Did you start sending USDC to users or not yet?
I don’t see any output transaction 0x17f7db76a7e2a9107d6205b4a2ebff32b5638720
Thanks,
Hi @sam123, all transactions have been processed, so you should have your USDC now.
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@Seneca, It is deeply unfortunate you have had to be distracted by this charade due to the greed of one person.
Let’s just focus on the positives, I received a good number of kind PM’s and e-mails mentioning their appreciation for this offer. So it seems we end up with a happier community, which is worth a lot!
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Heya, been here since the beginning and just popping in to say good on ya. Not everything in the world works out the way that we want, but this is a massively refreshing bit of integrity from a world that can lack it.
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Hey @Seneca. Just one quick question. What will happen to the coins you are buying back? Will you burn them? Will the max supply after buy back still be 50 mil or would it be reduced by the amount of buy backs?
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I think it’s prudent to keep options open for now, since it’s unknown how long it’s going to take until launch and what happens until then. They’ll be in cold storage for the foreseeable future though. Burning them or a part of them later will always be an option. It could also be that in the future the holder/user base of PDC/Clike is very small, in which case it might be beneficial in the long run to find a way to distribute these tokens to a large number of new users.
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Understood. No doubt it is beneficial for all if the same can be used to extend the userbase. But using the ico funds to buy back the pdc for purposes other than burning seems a little unethical.
I hope you will be using the bought back pdc for betterment of pdc community. Any other use will not get my support.
Arguably, redistributing the tokens to new holders is beneficial to the PDC community because closed systems die. A project that does not expand the size of its community withers away, leaving minimal value for its current community members. Redistributing the tokens does not increase the original max supply (or circulation).
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Also companies buy back shares, which can be sold again on the market if they wished. They use company funds to do that and is perfectly legal and been around for a very long time. While PDC is not shares but an item that can be traded, I would think the same ethical situation exists.
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Hi Seneca, I am having trouble completing step 4 when converting my PDC tokens to ERC20 tokens.
I am using my address from my D’ cent wallet. is it possible to complete this conversion with my D, cent wallet, also when I try to complete the transaction using the send to address that was generated on step 4 there seems to be no room for the Data code that needs to be sent the same address. Can you please
Help me
I am not familiar with the D’cent wallet myself. You could ask their support if it is possible somehow to add contract data to a transaction using their app. For this purpose people usually use MetaMask or MyEtherWallet as interfaces which support a decent range of hardware wallets, but they sadly don’t seem to support D’cent.
In the worst case you’d need to import your mnemonic seed (typically 24 words) into a different hardware or software wallet. Depending on your trust in that wallet’s security, you might want to move all your other assets to a different seed first.
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