Just yesterday Pascal announced Bitdorado Turkey is having a B-month.

It shows how fast Pascal works that he is actually crushing a whole B-month into under two days since he announced that until the end of this month, which ends after today, every transfer of BitcoinSubsidium (XBTX), Birake, Bitcoin, BCH, BNB, or BAM will earn an extra 3 percent on top of them.

Or at least that is how I understood his message which could be used as a light escape room game puzzle.

How to get it, is as cryptic as the rest of the announcement, but here is my guess, which might, or might not, work.

First, you transfer for example 100 000 Birake to either your Birake Pool or Birake Coin & Growth Pool.

Then you calculate that 3 percent from 100 000 is 3 000.

Now you go to coingecko and check what is the price of 3 000 Birake compared to TELOS, which you could do for example by first checking the price of 3 000 Birake in BTC, and then checking how many TELOS you can get with that BTC amount.

Now you make another transfer, but this time to Telos Pool (or maybe Telos Coin & Growth pool is an option too), and this time you mark the transfer sum as the amount of TELOS you got from the previous calculation, and Transfer ID as “month of B”.

As far as I can understand the announcement, that is how I would interpret it. But use at your own risk, no guarantee is made if my interpretation is right, or if following my interpretation might get you kicked out from Bitdorado Turkey completely.

Happy rest of the year!

edit:

thanks to some readers for pointing out that I missed it was specifically talking of a bonus to TELOS pool, I corrected the original text to reflect this.

another edit: added Bitcoins Subsidium (XBTX) to the list, it starts with B also.

Pascal has announced that Para (PAPARA) coin is about to come to the Transcendence ecosystem. When exactly, well, he said that due to taxation reasons, after year changes, which doesn’t necessarily mean exactly First of January but I would guess during the first days of the next year at least.

I haven’t quite got yet what this coin is about, I can only say that Pascal has mentioned that this coin is meant to be open for everyone, so maybe it is going to be taking part of the place that Teloscoin have originally meant to have as everyone’s coin.

While Para coin is not coming until next year, you can however sort of buy them already, for Pascal has announced that Para coin will be done by forking Teloscoin, which means that at the moment the fork is done, you will have the exact same amount of Paracoins, as you have Teloscoins.

For those who don’t know how this works, as a simple example, if you have 10 Teloscoins at the point the fork is done, you will at that point have 10 Teloscoins AND 10 Paracoins, both continue to exist and nothing is going to happen to Teloscoin but it continues to live like usual, you are just getting some more coins in addition to your Teloscoins as you will also get some Paracoins.

To put it slightly more technically, the idea with Forking is that you could say there is going to be made an exact copy of the Blockchain, and then these both blockchains, the original and the copy, keep living on independent from each other, only sharing the same blockchain up to the point when the fork was done. This is also why Teloscoin owners will get those Para coins to themselves since in practice the Teloscoins in the blockchain copy will be renamed as Para coins.

Now how do you then get these para coins to use in practice?

I have to say, this is something I am not exactly sure about. I suppose that if you have your Teloscoins in your regular wallet, like QT-wallet or Dashboard, then you simply need to have a copy of your “wallet.dat”-file (remember that Teloscoin has named that file different) and use it with the Para coin wallet when it comes. That is my guess at least.

But it is more tricky if you have your coins somewhere else than on one of the regular wallets, for then it depends if that place, for example, an exchange, supports this.

I remember when Bitcoin Cash fork was done from BTC, I had some BTC in Bitstamp Exchange, and they didn’t support BCH at that point, so there was no way for me to get my BCH. However, maybe a year later they decided to support BCH after all, and suddenly there appeared some BCH to my Bitstamp account, the exact amount of BCH that I had BTC in my Bitstamp account at the time the fork was done.

Pascal said today that Bitdorado App will support the Para coin, which based upon the whole context seems to mean that as long as you have Teloscoins in Bitdorado Turkey, you will also get the Para coins that belong to you.

He also mentioned that it is likely that Birake, Graviex, and SouthXchange exchanges would list Para coin in the future, but listing a coin is different from supporting getting those Para coins from your existing Telos coins at those exchanges at the time of the fork.
So there is no guarantee you will get any Para coins from your Telos coins that exist in any of those exchanges, and actually, Pascal even mentioned that he thinks that when it comes to Birake, that due to the DEX nature of that exchange, it might be technically very difficult to make it so that you would get your Para coins from the fork.

Hence if you really don’t want to keep your coins in your wallet, and Bitdorado Turkey is not an option for you, I would guess that Graviex and SouthXchange would be your best bets on getting your Para coins from your Telos coins that you have at the time of the fork.

However, do keep in mind that everything said here can still change, for it is not unusual for Pascal to change his mind on a whim and none of these things are set in stone yet in any way, which is also why I marked one of the categories of this article to be a “rumour”.

There is already a Discord channel opened to Para coin, which you can join by clicking this link:

https://discord.gg/4HA5akC2KG

Bad news for those who haven’t joined Bitdorado Turkey yet, and even to those who have joined.

First is that practically Bitdorado Turkey is not accepting new members anymore since there have only vaguely been mentioned that if you wish to join Bitdorado Turkey, you need 1 Million Euros, and the reason for this have been said to be in keeping the member numbers down since seems over 100 members would make lots more work due to laws and regulations.

In another unfortunate step, demands to even stay as an existing member have been lifted up. Now you need 1 Million Telos and 10 000 Birake coins in your Bitdorado account to be allowed to stay. The scary part in this is that first it was announced, if I correctly remember, that you needed 300 000 Telos, then later point it was raised to 1 Million, and then, even later, 10 000 Birake coins demand, and I can see somewhat of a scary pattern there which says that there might be coming more demands in the future since it seems like they just want everyone else but themselves out.

So if you are still one of the few who are able to stay in Bitdorado Turkey, better start preparing for the day you won’t be able to meet the demands and are kicked out.