I received my HLM on Cryptopia I think ~20-30 blocks after the snapshot, after they re-enabled the market for trading. You should have HLM in your balances on Cryptopia already if your coins were on the exchange by the blockheight specified for the snapshot, there is even a message on their SPR/BTC exchange page stating as such.
I regret participating in this airdrop. My account in cryptopia is now worthless due to spreadcoin dumping.
More importantly, what good is HLM on that exchange given the current circumstance?
The HLM will be unusable for now - this is expected. The HLM team is going to prepare the chain for PoW, send the appropriate issuance to Cryptopia to put real tokens behind our current HLM balances. The market should be live for trading some point after that is complete. It could be days, it could be a couple weeks - read back over coins101 posts to understand their process in the coming days. Either way, your HLM is worthless right now as far as being on the exchange AND THAT WAS EXPECTED/KNOWN - the market is not going to be live for trading before the blockchain is live for peers to connect and begin supporting it. I suppose Cryptopia could unlock the market for speculative IOU trading, but I'm not familiar if they're into that sort of thing and I haven't heard the HLM team suggest they'd support that approach.
Your HLM will have monetary trade value when the market is open and price discovery can begin. All of this was known and shouldn't be a surprise if you carefully reviewed the process outlined by coins101 and team in this thread or on Slack. I personally have also been warning people that SPR would crater massively as soon as the snapshot happened, as have others, so that shouldn't have been a surprise either and your approach to this investment should've accounted for that.
The low volume market of Cryptopia definitely caused people to not have much time to get a good price - but again, this was pretty apparent if you looked at the Cryptopia volume leading up to this event. Of all the things that happened with this process, the only valid complaint is Cryptopia's withdrawal difficulties and not transmitting withdrawals properly, so people couldn't get SPR back to Trex where there was enough volume to support dumps. THAT is bullshit and it means I will be very hesitant to use Crytopia as an exchange after this, and I totally understand other people who have that gripe - but that has nothing to do with the HLM team.
This is random question but do you guys think that spreadcoin is now worthless coin?
You'll get different answers to this, but personally I think SPR's dev is a pathological liar, not only about expectations for the project, but likely about his own development skills and knowledge. I personally do not believe georgem has the chops to do 10% of what he says he wants to do, and he has become very secretive and aggressive towards the SPR community, calling his investors cockroaches. If there is any future in SPR, it is, in my opinion, solely on the back of sentiment manipulation (aka pumps and dumps) from georgem - but his credibility is so shot around here I'm not sure he can be very effective at that without something tangible. I have very little faith that SPR will do anything of real, tangible value. Maybe some vaporware pump. Georgem made a statement in late August that he has plans for SPR but he was waiting for the HLM "spectacle" (his word) to be over. Please note that georgem has made many promises/expectations that were never met, never materialized.
Others will definitely have a different opinion.
