You're joking right? You must be.... My former industry of nearly a decade was in the investment banking industry and reverse splits is never a good option. In fact, the only reason why they do it with stocks is to delay the delisting from the exchange a little longer, but it usually gets delisted anyway. The reason for why is several factors, poor management and IPO or private investors which get shares at a lower cost dumping because their concern is making money, they could care less about the company.
Post reverse split, the stock gets dumped anyway so it is worth less than before the split. To demonstrate. You have 10 shares at $1. So you do a 10 for 1. So now you have 1 share @ $10. Now the shares get dumped and now that 1 share is worth a 1 penny. See how that works?
With HYP it is not the same case, we shouldn't have the same reactionary mentality as wall street, that'd be a huge mistake. In our case, cryptopia doesn't delist unless the coin is broken... I believe as for the polo delisting, they probably believe that the coin was no longer being actively developed....
When a reverse split occurs, it destroys the current opportunity of the numbers volume. For example, if you have 4 coins and it moves a point you have the opportunity to make 4 times. Where if you have 1 coin, you'd only make one point. The reverse split process not only destroys the existing value and current markets, but also destroys any potential future value. and a accelerate the demise.
To be honest, I am quite surprised to hear such suggestion coming from you. We are better than this. I see all this as opportunity. We just have to create the opportunity.
Why else would i still continue to make a market in it and buying it? I do it for a few reasons.
1. The developer
2. The coin.
3. The opportunity to create opportunities of the coins uses or services.
So if you you're considering a revers split, it either means you:
1. Don't have an in-depth knowledge of the reality of the market.
2. Given up on yourself
3. Given up on the community
4. Given on on the future opportunity because you can't see it.
So there you have it.
Reverse splits happen all of the time. Maybe you were only involved with penny stocks? I think you are thinking of reverse split and then dilute. The dilution is what to worry about... not the split. Do you know much about math? Explain to me how the rate of inflation of HYP will increase if there is a reverse split, ie 1000 HYP becomes 1 HYP, the total supply shrinks 1000 times, the max stake moves to 1 instead of 1000. Please explain your math here.
In fact, the only reason why they do it with stocks is to delay the delisting from the exchange a little longer, but it usually gets delisted anyway.
I am sorry, but you sir have no idea what you are talking about. Apple has had 4 reverse splits in their history. Microsoft has had 9 splits. AMZN has had 3... Most of the biggest companies in the world have had splits... So the quote above shows that you have no idea what you are talking about, and frankly don't know how splits work.
Post reverse split, the stock gets dumped anyway so it is worth less than before the split.
Again you don't know what you are talking about. The net value of the shares are worth the same... Before you had 10 shares worth $100, after you have 1 share worth $100. I think you have some idea that a reverse split introduces dilution to the stock.
1. Don't have an in-depth knowledge of the reality of the market.
2. Given up on yourself
3. Given up on the community
4. Given on on the future opportunity because you can't see it.
1) I think the case is obviously that you have no idea how stocks work, and that the majority of the largest public companies in the world have used splits many times sort of proves that you don't know.
2) Huh? Going adhominem, alright... I have not given up on myself at all. I am progressing in my career, learning great things as a masters in comp sci student (have now added java to the languages I consider myself proficient in), still progressing all of the time. Not sure why anyone would ever think I "have given up on myself" unless you honestly don't know me at all, which you do not. You are just some random Cryptsy troll.
3) Probably correct, I don't really care that much about the trolls here. The ones that I have known for quite some time and are here for more than complaining about bags, yes care about them.
4) I believe that a reverse split is the best for HYP's future. Your lack of market experience prevents you from seeing the opportunity. I am not even that set on doing the work to do a reverse split. I just find it fascinating how uninformed a lot of people are. Its simple math. It happens all of the time in the stock market (the real stock market, not your penny stocks).
understands simple things
lol 
