In this video, the presenter explains how holders of Bitcoin can claim their BitcoinMYK fork tokens and outlines a structured bonus‑penalty system designed to encourage timely claims. Claimants have a two‑week window; after that a 1% penalty is applied, which is redistributed as a bonus to those who have already claimed. The penalty escalates to 2% after one month, 4% after two months, and 8% after three months, with unclaimed tokens eventually forfeited to the treasury and re‑distributed as bonuses. The speaker describes a simple verification method that may require a tiny Bitcoin transaction (≈400 satoshis) to prove ownership without exposing private keys. The token distribution ratio is 4.761 MYK per 1 BTC, and even fractional Bitcoin holdings qualify for proportional token allocations. Ongoing Bitcoin mining or additional purchases increase future token entitlements. The video also mentions speculation about a “Satoshi” account becoming active, suggesting potential large‑scale claims and further community interest. Finally, the presenter urges viewers to like, subscribe, and reach out with questions, emphasizing the limited claim window and the opportunity to earn up to an 8% bonus through the penalty‑redistribution mechanism.
Chapters
Hey you, welcome back to the channel. And guys, today we want to talk about bonuses and penalties on claiming your Bitcoin Fork tokens on BitcoinMYK. And so what we're trying to do at this point, guys, is notify everyone. We're trying to list on Fork Token Coins, uh, here, uh, and we're trying to as well hit the message boards to let people know that they can claim their BitcoinMYK fork tokens. Now, as a new rule that we have going, we will have— or people claiming BitcoinMYK tokens will have 2 weeks to claim their tokens or they will be hit with a 1% penalty. Now, the good news is what happens with that 1% penalty going over your, the 2, your 2-week notice here. Well, that 1% gets returned to the users who have claimed them and into the treasury on the website where people who are, um, trying to accumulate coins by doing various tasks on the website, they will be awarded the, uh, those, those tokens as well. So what kind of act as a treasury for us as well as, uh, basically, uh, give it back in the form of a bonus. So people who do claim within 2 weeks, they will get a 1% a bonus kick up, uh, in the claim tokens they have. Now, if it— if a month goes by and people still haven't claimed, then the penalty will arise to 2%. Once it rises to 2%, the same thing, the 2% bonus will go back to the people who have claimed the tokens. Um, you know, without exceeding the penalties. If it goes to 2 months, then it will go to 4% penalty. And if it goes to 3 months, it will go to an 8% penalty. If it starts to go Beyond that period, uh, you know, which can be extended, can be greatly extended, uh, we don't have a specific date, but at some point in time, if the tokens are never claimed, um, we can— you can pretty much, um, they will pretty much go in the forfeiture department, meaning we'll take control of the tokens, they will go back into the treasury, and they will go out as bonuses to the people who do hold our tokens. Um, so, um, what's very interesting and what can be very good if it's true, uh, the Satoshi account has— or I'm sorry, one of the accounts that he, uh, I believe pulls from became active today. And so it's, it's causing some to speculate that it means Satoshi is back on the move, guys. Now, that is interesting and mysterious and will be fun to watch what happens. If it's true, will be very good if Satoshi wants to claim his BitcoinNYK tokens. That will be awesome because he has 2 weeks before any penalties. So in 2 weeks, if he claims within 2 weeks, he only lose, uh, 1% of his huge stake he has. So hopefully it's true and he can claim them. Unfortunately, I believe they— one of the accounts, uh, that keeps coming up a lot, I believe this is possibly it. It seems to be buggy and seems to have been hacked. And so it's a lot of allegations and speculation going around, but I guess We'll have to just wait and see. And so guys, claiming your tokens is very easy. We can verify, you know, that you're Bitcoin, you are the holder of the Bitcoin wallet. You don't have to provide us any, you know, your private keys or anything like that. Now, in the event, you know, in certain cases, "If it's very suspicious activity, you may be asked to send the smallest Bitcoin deposit into our account possible, in which you will be credited back to your account." So you'll be asked to send the smallest transaction you can make. I believe it's like, I think it's like 400 Satoshi. And that way we can clearly verify if you are actually the owner of the particular account you're trying to claim your tokens on. Um, and so guys, um, very easy to do. We're going to be again trying to notify as many people as we possibly can. Uh, we also know that some people may not like, uh, the, the penalties whereas some may like the bonuses, right? But here's the thing we think everybody will like. Whenever your Bitcoin balance increases over the amount of your first initial claiming of BitcoinMYK, you know, as to say you basically either buy more Bitcoin or mine more Bitcoin That's another great thing. If you're already a miner of Bitcoin, as long as you continue to mine Bitcoin, you can collect Bitcoin MYK as long as your, your balance exceeds, you know, what you first claimed. That— so as you go up in your Bitcoin holdings, you're gonna be able to get more Bitcoin MYK tokens at the rate here, forking at 4.761. MYK tokens to 1 Bitcoin. You know, what's also very interesting is that you don't have to have a full Bitcoin to, to acquire MYK Bitcoin, MYK tokens. A lot of people already know how forks work, but I did have a gentleman the other day asked me did they need a total, a whole Bitcoin to collect the tokens. And, uh, no, even the smallest fraction of a Bitcoin will still give you this calculation of 4.761 Bitcoin MYK to 1 Bitcoin. So if you only got like, uh, $100 in Bitcoin, it's still gonna break down. You're gonna get that same ratio of that 1 Bitcoin or that fraction of a Bitcoin, if it's like 0.2 or if it's 0.1, uh, it's a tenth of a Bitcoin, you're gonna get still 4.761 times that in BitcoinNYK tokens. Um, and so you don't need the full Bitcoin. So that's pretty— I think that's gonna— a lot of people gonna like that, especially miners. Just keep doing your thing mining You can keep collecting our tokens, verifying off the Bitcoin Ledger. And so just want to let you all know that, guys. If you have any questions, comments, or concerns, please feel free to comment here, or, you know, you can contact us on site or wherever our content is available, and we can help you out there as well. And guys, uh, just, uh, you got 2 weeks to get bonuses, right? Uh, up to, uh, 8% in bonuses over the next 3 months, right? So that means you can get your— the tokens you collect kicked up, uh, another 8% as that 8% that will be penalties against people who don't claim that That allows us to further distribute through the site for people using the site. That helps us get— create value in BitcoinMYK. Guys, that's all I wanted to announce today. Guys, if you like content like this, don't forget to like and subscribe. And until next time, take care.
