Topic: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency - page 63. (Read 99310 times)

Yeah, this burn could trigger a much much-needed bull run for NPXS. But the only issue is this burn will happen after 3 months also some new partnerships for Pundi will go a long way to help recover the price.

In mean time did any small investors like me got a chance to flip his or her NPXS for FX?

that is the right step if NPXS tokens will be burned, it will make the price of NPXS tokens to be more stable certainly will be followed by NPXS price increases so far I see a lot of ideas that are issuing to save NPXS will be in swap, it is a unique idea which can increase NPXS project activities

He won't dump it in a market he will burn the entire converted tokens which means that the total supply will go down which will result in an increase of NPXS price. IMO It's still too early to say whether FX messed things up or not.

You think so ?

We need to see more trading pairs against stable coins. If Pundi did care they would make this happen long time a go. We need huge partnerships and some one that are willing to use NPXS. Now there is no demand for NPXS thats why the value is this low. The Xphone and a new f(x) coin did mess things even more up. The NPXS tokken could easely be integrated on the Xphone.

This means that the converted NPXS are in @zac's hands. And he will probably dump the coins on the market. The NPXS tokken have no value and have to be sold to invest in the new project the Xphone and f(x) coin. They never say anyhing about burning the converted coins right ?

They alson control who the f(x) holders are to prevent a dump. This is manupulation big time. We all should just sell in loss and move on to another coin. The whole plan from the strat was to attract investors to hold NPXS for long time because of the monthly airdrop. When this did not work they did change the airdrop just to get over with it. This team do nothing as planed and just jump around acting like noobs.

now it seems clear that we can see that the Pundix project has begun to develop and many exchanges have raised NPXS, hopefully with citation now it is able to make the Pundix price even higher and can reach the ico price applied first, that means that success will come soon

pundi x price is droping day by day i don't know why today it is a t 13 sat. i was thinking about to buy pundi x when it was at 19 sat but i did not buy it at that time. that was a good decision of mine. now it looks like pundi x is going back at their ico price. maybe new announcements about the project progress take price high again.

Hey @jtalk according to this blog post all the NPXS tokens that are converted into FX will be burned from total supply of NPXS and NPXSXEM

What will happen to converted tokens ? I don't remember even I read the update back few weeks ago. If these NPXS which will be converted , will end up as burning then this is very good for NPXS holders as someone mentioned up. Having more than one or multiple tokens for same project with extended functionality doesn't look good at first hand. That number of current holders is very little and hints towards manipulation in future in case FX will hit exchanges. Lot of concerns from distribution to functionality of FX token from day first.

They should really consider raising the daily conversion limit because the whales in PundiX won't let small investors like me to convert my NPXS.
btw does anyone remember what's the contract address for FX?

The change of daily start time for NPXS/NPXSXEM- FX conversion
https://medium.com/functionx/notification-the-change-of-daily-start-time-for-npxs-npxsxem-fx-conversion-7cb19336169


Any idea when the price of FX per NPXS will start increasing?

I think it's better that we have to be patient waiting for prices to rise,
and I hope that in the near future prices will go up, we will see the development more clearly

I agree with this, at the moment I am still not touching my token and it seems I don't have a chance to convert it.
For now, I'm just waiting for the price to increase again so everyone of us will enjoy, despite we cannot convert our holdings.

Lets do a recap of Pundi X.

-XPOS
-Monthly airdrop
-Xphone
-f(x) coin
-New monthly airdrop
-Converting from NPXS to f(x)

Did i forget something ? Oh yes the hack of Coinrail and 2.6b NPXS

Pundi X market them self with the XPOS. But this did not go as planed if asking me. They did attract investors with monthly airdrop that had no effect on the price. And during the bear market someone did dump the shit out of this tokken. 

When this happen Pundi did announce the ''BIG BIG NEWS'' the Xphone. In hope to driving the price up. I can not remember that the team did say anything about NPXS or a new coin when the announcement was given ? Weeks/months after they had to make a new coin because they was out off $ probbably. And had no cash to finance the new project. If this was the plan from the very start why not let all the investors know about the second project the Xphone ? Something just dont add up for me. And now they make you and me to pay for the new project by converting our NPXS in to f(x)

Why is the converting of NPXS to f(x) limited and not for everyone ? Do they controll who the holders of f(x) are ?

Pundi did understand that the monthly airdrop was a totall fiasco so they did change it so speed up the process. In hope stopping the dump of NPXS. The team do nothing to satisfy the holders or to atract new investors. Now thinking about adding new trading pairs like BNB,USD,USDT and so on. Small things like this might make a change and have a impact to atract new traders and investors. Twitter is like cryptopia so small news like new trading pairs will make/have a positive look in the media. And looks like the team try do do something for the project in long term.

What will the next be ? A ICO anyway because the converting did not go after tha plan.

Pundi X is a fucking fiasco. The sitiuation we see now is not the first time with them. This all just show that the team not know what they are doing. Pundi X hope things work but it does not. What is next guys a Xwallet HACK ?

PundiX team should take in consideration this valid concern of people not having chance to convert their NPXS into FX token. There should be mechanism which assures that everyone can have access may be on quota basis or something else more balanced. Current distribution is headache and all tokens go within seconds. Well distributed tokens will help to sustain its value in short to long term as well.

People are facing issues with the conversion but atleast team management should understand the conversion problem. So that they will allow checking what was the actual problem in this way it will solve the issue, so it is good to upvote this message.

They really need to fix the FX situation if any of you is as frustrated as I am with the situation please upvote this Reddit post.
https://www.reddit.com/r/PundiX/comments/bejroi/an_open_letter_to_pundix_ceo_zac_cheah_zibin_and/


Note: I didn't write the post but I 100% agree with whoever wrote it.

But it wasn't like this that total daily pool to be divided by all participated at the end of the day ? I personally didn't try yet because my initial plan was to receive one more airdrop and then some percentage to use for swap. Now I see feedback that it is already very difficult to catch the tokens. This simply means in June will be almost possible to get some.

You are not the only one. I not trying to convert but did read on Twitter that 97 persons out off 50.000 persons did make it. LOL

Pundi X looks like a fiasco to me !!

Copy and paste from twitter:

Be humble enough to address to your  PO community about the f(x) distribution process which is a total failure. Instead of banning investors from TG, please explain how is good that only 97 of 50,000 requests were able to convert. How is this fair? Be humble and fix this fiasco.