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Author Topic: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Available]  (Read 348260 times)
Anthony1985
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November 28, 2017, 07:45:53 PM
 #7221

Unfortunaly tokens like this where you can mint unlimited time and now in version 2 with less staking age will just die in few months . I mean price will die , because lets say i buy 2-3k Pos , Mint them and my new postokens sell on market every time i mint . Look at Minereum what happened , almost same thing . But lets see what else dev got under hes mind

You have a point. Actually, two of the factors that I consider for buying and joining the airdrop of PoSToken is its "low supply and less interest rates". It makes me think that tokens are rarer than others if it have low in numbers and only allow people to mint in a little amount. Now that this version 2.0 arises with the concept of increasing these two, I'm not sure what would happen.

Anyway, I'm not against to these changes. What important is, the swap should be fair for the PoSToken current holders.

Well, a fair swap for the current holder is a must and I don't think it has ever been in doubt. Wouldn't make any sense.
Eddyc
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November 28, 2017, 07:51:55 PM
 #7222

If prices are less now, what will be of PoSToken after the swap? With more tokens in circulating, the price will be lower, of course, the price will decrease proportionally to the increase of the tokens, but the emotional market will be which? The trend that the price is not 1/10 of now, may be even lower.

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
ryzaadit
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November 28, 2017, 08:00:31 PM
 #7223

Well guys price will decrease because swap 1:10 dont look at price and amount look on your total investment just say you buy 500 POS price 1$ then swap 1:10 so you got 5000 POS its mean price maybe arround 0.05$-0.1$ stil same your investment, soo maybe the target moon only to 0.5-1$
sarul
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November 28, 2017, 08:02:20 PM
 #7224

what makes the postoken value so low,? I think this is a good coin, But apparently the development is not as expected,  Grin
hopefully there is good news about postoken
The swap makes it like this, I thought it too and now the old POS is dying also Holders crying now. But will the swap automatically take place or require some action?
FreshB
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November 28, 2017, 08:29:05 PM
 #7225

Sometimes you discover diamond while looking for gold. The same phenomenon that disallows viewing mined tokens on etherscan/ethplorer is the same thing another project will use and claim 'anonymous transactions on the ethereum blockchain'

I like the proposed updates, and look forward to them. I wonder the rational behind increasing number of tokens is.

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Tactical Genius
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November 28, 2017, 10:04:03 PM
 #7226

Important Update

Version 2.0 of PoSToken. New Start!

Hi community,

Happy to inform you our new plan.

About four months have passed since the release of PoSToken, we gradually found something worth improving and we also have some new ideas for this new Proof-of-Stake Smart Token technology, so we decide to issue a new version of PoSToken: the version 2.0 of Proof-of-Stake Smart Contract Token. Some new technologies will be used in the version 2.0 of PoSToken.

Here are some of the highlights:

  • Higher interest rates.
  • Compounding interest.
  • Shorter periods for min stake age.
  • Unlimited max stake age.
  • New standard of Proof-of-Stake Smart Token: PoSTokenStandard20.
  • Easier to mine.
  • Mining process can be traced on normal ethereum explorer.
  • Some brand new smart-contract based technologies.

We're currently working on the contract of the version 2.0 of PoSToken, more details and schedule will be updated very soon. After the contract deployed, you're free to swap your POS for this new token.

Stay tuned for more future updates and news. Please follow us on @twitter or join our telegram group: t.me/PoSToken.

Best Regards,
PoSToken Dev Team.

Cant the token swap occur automatically?

honghaisea
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November 28, 2017, 11:37:08 PM
 #7227

POS have dumped so much even there will be V2.0 ,did this because of bitcoin price increasing forward ?
beccer
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November 28, 2017, 11:41:59 PM
 #7228

I hope the postoken keeps falling down ... so that people who hold the coins all the time cry and do not imagination postoken to the moon again .. Cheesy Cheesy
kyxap
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November 29, 2017, 12:40:37 AM
 #7229

I hope the postoken keeps falling down ... so that people who hold the coins all the time cry and do not imagination postoken to the moon again .. Cheesy Cheesy
I never cry about dump, i just wait and support developer with this. If it will dump more - i never sell my tokens anyway) It's not my last money, just  a experiment)

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vanedwap
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November 29, 2017, 02:22:30 AM
 #7230

dont rush the things Smiley it will bounce back soon

LaLegiste
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November 29, 2017, 03:42:39 AM
 #7231

will be swap the only way of distribution of postoken 2.0?

Gabz999
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November 29, 2017, 04:36:00 AM
 #7232

will be swap the only way of distribution of postoken 2.0?

Maybe it is the only way to distribute the version 2.0. So far there is no announcement saying that there will be another way distribution, they just indicate the token swap when the 2.0 is already done developed.
Anyways, let's just stay calm and wait for further announcement.
Vegan97
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November 29, 2017, 05:42:40 AM
 #7233

will be swap the only way of distribution of postoken 2.0?

I hope it will be only swap. Otherwise, after a free distribution the price will just go even lower, due to those dumpers.

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lovenlifelarge
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November 29, 2017, 06:26:05 AM
 #7234

will be swap the only way of distribution of postoken 2.0?

I hope it will be only swap. Otherwise, after a free distribution the price will just go even lower, due to those dumpers.

Yes, it will be the only way to distribute POS v2.0. Sad to see good project like this has been dumped. But it is good news as well because we can take advantage of the price and buy more. The key for POStoken come back is the active development of the team.

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happyValentine
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November 29, 2017, 06:28:31 AM
 #7235

Guys, you just say about the price. If you are so worried about this, try to help the Postoken team. They are great guys, but need our help. They always fulfill their promises and work very hard. A little advertising is not enough.

GraBitCoin
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November 29, 2017, 06:36:49 AM
 #7236

Guys, you just say about the price. If you are so worried about this, try to help the Postoken team. They are great guys, but need our help. They always fulfill their promises and work very hard. A little advertising is not enough.

There is not enough advertising, but sense! We need a real business for a token and a share of the profits! On this news and the price will climb up.
honghaisea
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November 29, 2017, 06:48:15 AM
 #7237

I hope the postoken keeps falling down ... so that people who hold the coins all the time cry and do not imagination postoken to the moon again .. Cheesy Cheesy
I never cry about dump, i just wait and support developer with this. If it will dump more - i never sell my tokens anyway) It's not my last money, just  a experiment)
The people who hold the coins cry is bought coin at a high price but not the coin holder who get the coin from airdrop.
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November 29, 2017, 07:19:54 AM
 #7238

I hope the postoken keeps falling down ... so that people who hold the coins all the time cry and do not imagination postoken to the moon again .. Cheesy Cheesy
I never cry about dump, i just wait and support developer with this. If it will dump more - i never sell my tokens anyway) It's not my last money, just  a experiment)
The people who hold the coins cry is bought coin at a high price but not the coin holder who get the coin from airdrop.

yes, it like as me, I have bought the token in the high price during the last time airdrop, but such not a matter,
the price will be raise after any good news about this project.

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mithrim
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November 29, 2017, 08:13:25 AM
 #7239

Great news about the update to PoSToken 2.0. Unfortunately, uncertainty mostly always results in a decreasing price  Undecided
Would've been awesome to have some more info for current token holders.
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November 29, 2017, 08:35:50 AM
 #7240

am a huge fan of pos token, people need to trust the developer because he is actively involved and particularly participating in most discussions to improve the coin. am so glad i own about 250pos
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