1 sat noe, is this project death..??
no.. fork is incomming... and all hate 50000:1..
Wauw, when does it happen?
Wow! 50000:1
50000:1 Swap is it to much. What is the break even.
If the current supply is cut buy 50000 what must the new price equal to break even.
Does anyone know ?
So if you have 500 hundred thousand coins you get 10 coins.
500 hundred thousand coins at 1 satoshi cost $33.70.
That means you're paying $3.37 per coin becuase after the swap you only have 10 coins.
Do you think the new coin will cost anything close to $3.37 per coin ? Any one.
$3.37 means the new coin has to trade at .00049955381 at the current price of Bitcoin.
Thoughts Please.
Basically does anyone think the coin will trade for more then $3.37 after the swap ? Because if not perhaps the current swap ratio needs to be adjusted to something more fair !!!!!! closer to a more reasonable price
To make matters worse there is a 100 hundred thousand Premine to be sold.
That should dilute the holders of the swap. imagine you had 10 coins but the supply was 50 thousand.
But instead you receive 10 coins and the supply is 150 thousand. What does that really mean that means your holding was diluted by three times.
The price of a 50 thousand coin is expected to be 3 times more then a coin with a 150 thousand coin supply.
I suggest the devs stick to the current plans as advertised in the front page of the advertised coin ratios and final supply bieng that people bought based on it and may loose all or a lot of thier BTC and holdings because it was not honored and the coin did not stake as advertised.
They can still honor the orignal coin by adjusting the swap to fix the issues.
Anyone thoughts please.
Please help enlighten me buy telling me the dev is selling the remained coins for 6 to 7 dollars
So I'm assuming the Premine is included in the Swap amount so we're only being diluted by Half or 2 times.
Does anyone know.
Will the total starting supply be 100 hundred thousand or 50 thousand.
Dev already made new wallet 3.0 go to GitHub and see.
Agree with you 50000:1 is to high.