Topic: [ANN] STRAKS - A POW/Masternode Cryptocurrency focused on e-commerce utility - page 64. (Read 144893 times)

nigttran, with what miner you get 35Mh on a RX 570 ? I cant get over 10 !

this is because you have fill in that only 10% (13.750.000 SIGT) swap they coins.

but i think its possible that about 50% - 70% wil swap they coins, so swap will ends about 4 years (45 month) to get all your STRAK

I've seen this swap calculator and it is saying 8 months only. 
https://straks.news/swapcalculator/?sigtstoswap=13750000&mysigts=50000&straksfakeprice=1#result

any comments on this...if this is correct I think this is a better deal

This swap looks ridiculous. Come on 4:1 ratio and now up to 6 years for the swap  
there is no warranty that devs dump they pre-mine after 1 or 2 years.

Signatum holders now 2nd class community members. You can be happy swap you sigt to straks with destroying conditions  

... and how long did these "investors" expect for it take to recover their losses from holding Signatum, if EVER? Less than 6 years or just a big fat 0, nothing, nada, zilch until the end of time like many abandoned shitcoins??

if you invest in speculative company bonds and they go into administration, it can take over 10 years to get any recovery, assuming that you have not been wiped out by senior creditors, employee costs and other expenses.

This is crypto, it would be ranked below equity in any composite portfolio.

Just think rationally and not emotionally.  Leave this behind you if have been burned.  The new coin or new team cannot be blamed for speculative trading or for bag holders not exiting at the first indication that they had been scammed by old developers.

In fact since swap delayed for 72 month, swap ratio is 1:(4*72) = 1:288 per month, which is already completely different picture

Oops, it's a typo, I meant to say unintentional. Funny how you say I don't follow the facts while you're just speculating without any proof. Care to point out what I said that wasn't a fact?

Now you says that was an intentional pump? I'm confused.
I have no conspiracy theories, I've just follow the facts from the first days. You're not. I trust them in all the ways before this shit. I'm simply sad about their avoid words about transparency and community coins. Most of sigt holders (now straks future holders) just feel to have no choice, but everyone don't agree with the terms they choose. They just haven't done what they talk about. I repeat, for me is ok also a different swap like 10:1 or more. The point here is another and seems like you don't want to see. The fact that you are not involved in, don't mean that I'm not lucid about the facts. I've just a better kwoledgment about the facts and about the dynamics because I lived any single moment about all this story. And, for the 25th time, also if the don't need a pump, the way that they choose to reveal the news is really fool (and also suspicious). Now a lot of people have no choice. Swallow all or sell everything. But for sure you can't talk about a concept and act in a different way without no one of your community was informated about your intentions.
PS: for example, for prevent the fud, they can also get public their sigt wallet address before all this fud for a full transparency about their movement.

I don't know if you two were referring to me or Marco but I did not blame the devs.

This is pointless. I gave clear reasons why this does look like an intentional pump by the devs and you choose to ignore them. You have your own agenda and conspiracy theories and nobody can convince you otherwise. Even in the unlikely scenario that a wallet is posted, you can just say it's photoshopped. Good luck with your chosen path.

PS. Check the link, can you find the 499 sats price there?

Maybe you don't know that the first ANN was called "Signatum 2.0" and that all the devs are part of signatum community and they are bagholders too. You can't found your coin with a community, call them to vote for most things and piss them off when you want, probably because now they are unchained from sigt after the last perfect pump organizated with the news by themselfes. You call us parasite, but you are a simply rude moron that don't know the facts. So let you know the fact before spread a lot of bullshit that show you like an idiot. I'm not crying. I'm just trying to advise people about their way to do. All the devs are from signatum and someone was a sigt's devs too. So please shut up and don't go full retard please. And I can prove you that I've not bought signatum for the MN. I haven't bought a single sigt coin since weeks, genius.

LOL, who matter about the average price? They just could have done this. I asked for some prove about their sigt wallet, but no one is answer. They stop the pump before too much people understand their intenction and they let sigt run free for almost 2days before the news of the swap details come out. They don't need a big pump, just a bit to call them out. They should prove to us that I'm wrong, so we can think  they are just fools and not scammers. Anyway, for sure they are fools with no sense of marketing. Otherwise they would do this in a complete different way. This is innegable.

once the swap announcement release , sigt had drop from 400sat to 100+sat ,
mining is better than swap now.

All you self-entitled Signatum bag holders, this is a new coin and they owe you nothing!

If you don't like their approach, grab your bags, remove yourself from this space/discord/telegram or other and vote with your presence.  Hold your Signatum bags tight, do not swap and be dreamy about the second coming of the Doctor (or in common parlance; another molestation by the doctor and his crew, signatumd, kahir and DRS team,  leaving you high and dry)

Stop crying like spoilt children!  Nobody forced you to buy Signatums for a masternode, why did you not wait to buy straks from an exchange for a masternode (when it is listed)? You took a speculative punt and got shafted in the process and now your butt burns - tough! Take it as a lesson learnt and move on.

Best of luck to the straks team; you made a mistake by not ridding yourselves of these Signatum parasites from the beginning!

What you said doesn't really refute my point: If the devs wanted to pump, why did they release information of the swap four days earlier than promised? It seems that by giving the information early they actually wanted to stop the price from pumping. You're ignoring this fact completely. You're just speculating and accusing devs of a pump without any proof whatsoever.

10:1 might have been a better swap ratio, however you're forgetting it was the community who chose the 4:1 ratio.

PS. The average Sigt price was never 499 sats after the pump, you can check https://coinmarketcap.com/currencies/signatum/ yourself. Maybe a single trade was for 499 sats but a single trade doesn't give the full picture.

Man, you are misinformed. You have miss the details that the price hit 499 sat because they release the info about the Masternode collateral of 50k straks. So many people was thinking that they can buy 200k signatum for a Straks MN. This is the reason why the price pump. As soon as people has read the news, the price start to pump. Also in their discord channel many people wrote that they are going to bought more sigt and they were in silence and don't advise no one to take care and don't buy emotionaly. I've wrote it many times in the last posts. In my opinion is very probably that they bought sigt @ a low price, like 90/100sat and after they release the news about the MN collateral, because they perfectly know that many people would go to buy Sigt. And after they sell off sigt for recover their balance, because all of them was sigt bagholder. This particular about this story is extremely important, and if you miss or ignore this, your opinion could be different from mine and from many others people.
Also if they don't do this mistake not for do like I think, it also mean that they are not so professional in the markets dynamics, because this reaction from the market was easily predictable and in any case, for sure, is not a good sign.
And, another very important details, is the community was call to a vote about the swap some weeks ago, and there isn't the details about a 6years long swap. They totally deceived their community. We can choose another kind of swap for protect the future price of straks, like 10:1 or something like this and rethinking a better solution all together like we all supposed to be.

they made no mention of this gradual swap. Everyone thought it would be instant. It is unquestionable that they deceived the community, whether for the greater good or not is not important. The fact that they hid critical info while promising transparency IS important.

Let's look at the Sigt price history. On the day Straks mining started, 23rd of November, Sigt price was around 200 sats. 2 days later it had risen to around 350 sats on average. I would imagine the successful launch of Straks mining combined with the high mining difficulty drove people to make the decision that buying Sigt is a good idea, and the price started to climb. Soon after that devs decided to release the full details of the swap. Now why did they decide to release the info so soon? If the devs wanted to pump Sigt price they could have waited much longer. In fact, previously it was mentioned several times by the devs that full swap details will be released on 29th November. You can check this thread or the Signatum 2.0 thread, both give the same date. So why did the devs release the swap details 4 days earlier than promised? If they wanted to pump Sigt then they could have waited 4 more days, and then sell their bags with much higher profit. Instead they decided to release the info pretty soon after Sigt price started to climb. That speaks against pumping. In fact a logical conclusion is that they wanted to prevent the pump of Sigt so that people would not get burned more than they already had.

Look at the messages of this man! Works in SIGNATUM-STRAKS.How do you stand ? Look at his reputation. Ignore!!!

Long time swap process
Only 1,728,000 SIGT will be swapped per month

Are you kidding Devs??

This is one of the most comunist things I have ever seen in my life.