Unfortunately I can't vote, but as HODLer I prefer option one.
I'm a bit sad that you abandon skunkhash algorithm. I prefer it than lyra2REv2, which is difficult for me to perform it stable on my gpu.
Also, could you check sometimes your fanpgae on Facebook? I've messaged to you with a small proposal, but as I see you din't even check it. To my mind you should be more active there. At the beginning posting weekly changelogs should be fine.
Topic: [ANN] Signatum 2.0 - page 39. (Read 102089 times)
One option 1 vote here.
can't get any much worse than it is right now.
can't get any much worse than it is right now.
I would say they made a fortune. Halving the value of the original investors coins in the swap, and then selling the old coins immediately for their true value at the time.
they burned swapped coins...anyway...new swapped colx coins price tanked back to price of pre-swapped cv2 coins
whole swap and even replacement of algo and even masternodes not helped "investors".
i think only ones who got profits was people bought at 2-3 sats before swap.... and sold ALL right before swap happened
cause i can't remember seeing swapped coins get even 11 sats price (now its 2 i think).
The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
Read: https://en.wikipedia.org/wiki/Recapitalization
I bring you knowledge. Get educated. Albeit, it is indeed wikipedia - not the best source of education - but the tripe you are spouting is wikipedia level dumbassery.
Happens all the time with private equity and venture capital. When a company has gone to shit, owners/managers/employees have to suck it up and take their medicine. Signatum is in the same position. This hopefully is a turnaround management exercise, which might work. Are you offering an alternative? Don't be shy.
Leave the blockchain as it is, and stop fleecing the original investors, also, if people are offering you dumb economics in place of a solution, RUN.
You brought the word "dumb" into this conversation and the economics on the website are exactly that, "dumb". There's no denying that.
So your solution is f**k the old Signatum investors, "leave the blockchain as it is". Ok, understood!
And so it follows that the "new" team should just start a new coin, even if their economics are "dumb", you never know right? But please don't give any Signatum holders any hope of recovering their investment.
Ok, that's all righty then Jack! As long as you are content with what your brain tells you. It's just a shame that you have no learning feedback loop working that integrity checks the things you are typing against rational sense. But each to their own.
Solutions are found by working things through to their end.
Not jumping ship at the nearest port. Signatum is still a young coin, why go to all this rigmarole and dumb economics?
Is it for the benefit of the original investors?
The economics offered up, say no.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
reminds me of "cv2" to "colx" swap where we get 1 new coin for 2 old coins. (they switched algo and turned coin into pivx clone and added masternodes with very high amount of coins needed)
price raised from 2 sats to 4-5 sats (before swap)..... but after swap price tanked black to 2-1 sats.
so basically swap made people lose at least half of money. ones who bought right before swap (for 5 or even 6 sats).... they lost more.
I would say they made a fortune. Halving the value of the original investors coins in the swap, and then selling the old coins immediately for their true value at the time.
The "choices" here are even more pronounced with a 75% drop in value and people are voting for it because they were given a choice?
The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
Read: https://en.wikipedia.org/wiki/Recapitalization
I bring you knowledge. Get educated. Albeit, it is indeed wikipedia - not the best source of education - but the tripe you are spouting is wikipedia level dumbassery.
Happens all the time with private equity and venture capital. When a company has gone to shit, owners/managers/employees have to suck it up and take their medicine. Signatum is in the same position. This hopefully is a turnaround management exercise, which might work. Are you offering an alternative? Don't be shy.
Leave the blockchain as it is, and stop fleecing the original investors, also, if people are offering you dumb economics in place of a solution, RUN.
You brought the word "dumb" into this conversation and the economics on the website are exactly that, "dumb". There's no denying that.
So your solution is f**k the old Signatum investors, "leave the blockchain as it is". Ok, understood!
And so it follows that the "new" team should just start a new coin, even if their economics are "dumb", you never know right? But please don't give any Signatum holders any hope of recovering their investment.
Ok, that's all righty then Jack! As long as you are content with what your brain tells you. It's just a shame that you have no learning feedback loop working that integrity checks the things you are typing against rational sense. But each to their own.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
reminds me of "cv2" to "colx" swap where we get 1 new coin for 2 old coins. (they switched algo and turned coin into pivx clone and added masternodes with very high amount of coins needed)
price raised from 2 sats to 4-5 sats (before swap)..... but after swap price tanked black to 2-1 sats.
so basically swap made people lose at least half of money. ones who bought right before swap (for 5 or even 6 sats).... they lost more.
The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
Read: https://en.wikipedia.org/wiki/Recapitalization
I bring you knowledge. Get educated. Albeit, it is indeed wikipedia - not the best source of education - but the tripe you are spouting is wikipedia level dumbassery.
Happens all the time with private equity and venture capital. When a company has gone to shit, owners/managers/employees have to suck it up and take their medicine. Signatum is in the same position. This hopefully is a turnaround management exercise, which might work. Are you offering an alternative? Don't be shy.
Burn Signatum 1.0 to the ground!!!
The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
You are under no obligation to swap. You can keep your sigt and happily stake it until the end of time.
"Trust: -2: -1 / +0
Warning: Trade with extreme caution!"
Can OP explain this?
Warning: Trade with extreme caution!"
Can OP explain this?
You are able to click links, are you not? Then if you want to know why, I would advice you to click the link.
how can i vote? I would like to choose option 1 too.
option 1
After swaping coins, I hope there is new exchanges for SIGT2.0, since yobit or nova are not the good choice for any coin.
mbdmbn, you're right. why devs can't rise total supply to 137Mx4?
The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
Option 1
no one of these options are not good for coin holders
shit. shit. shit
I'm not sure witch option i would chose.
This is the first coin I invested in and mined
So I'll go with any option just so it can go to the sky
This is the first coin I invested in and mined
So I'll go with any option just so it can go to the sky
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