So team xpy or whatever are now saying they're giving up on xpy and going to concentrate on their new coin, ion.
Ion is going through a public offering for the next 6 weeks, starting at 20 cents and rising a cent a week, gota get in quick or pay more next week lol.
Anyway, cos ion people are so lovingly kind they are going to let you convert as much xpy as you want to Ion at a fixed rate of 8 to 1. Since this processes has started xpy is being sold of big time and we have seen new lows today and yesterday.
Is it
a) people losing faith in xpy and are selling. I doubt it cos they've had ages to do it.
b) people are converting xpy to ion. Since xpy is now at 1.65 cents then converting 8 for 1 ion means you are paying 13 cents for 1 ion which looks very cheap compared to buying at 20 cents. Hell, nothing to stop you buying xpy and then converting to ion and making a killing right???
I think the latter is very much happening, look at the volume being bought and sold last few days, def lots of activity.
Looks like lots of people swapping xpy for ion, but the scammers running ion are then selling this xpy to get btc/usd. What a great way to get hold of xpy and maintain a market for it cos people are enticed to buy xpy still cos they can exchange it for ion which must be worth almost double cos it will cost 25 cents in 6 weeks lol.
Anyone see what a great idea these scam monkeys have come up with.
Oh, and if you need any further convincing then perhaps you'll be interested to know MrCoins says it has unlimited potential. Say no more!
Whats with these retards and Josh Garza copying. Lets take a look
- ISO or initial staker offering... hey its like Garzas ICO or initial coin offering.. its totally not an IPO so we are safe we changed a letter
- trading xpy 8:1 for ion... its totally not hash point conversion to paycoin
we are doing this to help people you our preferred customers
- the ISO is 0.20c each start... its totally not going to be a 20 something floor.. we know garza said $20 floor but we can do 20 cent floor.
They don't even change the numbers haha....