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eXtremal
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April 22, 2019, 06:59:53 AM |
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What will happen to converted tokens ? I don't remember even I read the update back few weeks ago. If these NPXS which will be converted , will end up as burning then this is very good for NPXS holders as someone mentioned up. Having more than one or multiple tokens for same project with extended functionality doesn't look good at first hand. That number of current holders is very little and hints towards manipulation in future in case FX will hit exchanges. Lot of concerns from distribution to functionality of FX token from day first.
Hey @jtalk according to this blog post all the NPXS tokens that are converted into FX will be burned from total supply of NPXS and NPXSXEM This means that the converted NPXS are in @zac's hands. And he will probably dump the coins on the market. The NPXS tokken have no value and have to be sold to invest in the new project the Xphone and f(x) coin. They never say anyhing about burning the converted coins right ? They alson control who the f(x) holders are to prevent a dump. This is manupulation big time. We all should just sell in loss and move on to another coin. The whole plan from the strat was to attract investors to hold NPXS for long time because of the monthly airdrop. When this did not work they did change the airdrop just to get over with it. This team do nothing as planed and just jump around acting like noobs. He won't dump it in a market he will burn the entire converted tokens which means that the total supply will go down which will result in an increase of NPXS price. IMO It's still too early to say whether FX messed things up or not. that is the right step if NPXS tokens will be burned, it will make the price of NPXS tokens to be more stable certainly will be followed by NPXS price increases so far I see a lot of ideas that are issuing to save NPXS will be in swap, it is a unique idea which can increase NPXS project activities |
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Sy
Legendary
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Activity: 1484
Merit: 1003
Bounty Detective
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April 22, 2019, 10:57:39 AM |
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What will happen to converted tokens ? I don't remember even I read the update back few weeks ago. If these NPXS which will be converted , will end up as burning then this is very good for NPXS holders as someone mentioned up. Having more than one or multiple tokens for same project with extended functionality doesn't look good at first hand. That number of current holders is very little and hints towards manipulation in future in case FX will hit exchanges. Lot of concerns from distribution to functionality of FX token from day first.
Hey @jtalk according to this blog post all the NPXS tokens that are converted into FX will be burned from total supply of NPXS and NPXSXEM This means that the converted NPXS are in @zac's hands. And he will probably dump the coins on the market. The NPXS tokken have no value and have to be sold to invest in the new project the Xphone and f(x) coin. They never say anyhing about burning the converted coins right ? They alson control who the f(x) holders are to prevent a dump. This is manupulation big time. We all should just sell in loss and move on to another coin. The whole plan from the strat was to attract investors to hold NPXS for long time because of the monthly airdrop. When this did not work they did change the airdrop just to get over with it. This team do nothing as planed and just jump around acting like noobs. He won't dump it in a market he will burn the entire converted tokens which means that the total supply will go down which will result in an increase of NPXS price. IMO It's still too early to say whether FX messed things up or not. that is the right step if NPXS tokens will be burned, it will make the price of NPXS tokens to be more stable certainly will be followed by NPXS price increases so far I see a lot of ideas that are issuing to save NPXS will be in swap, it is a unique idea which can increase NPXS project activities Yeah, this burn could trigger a much much-needed bull run for NPXS. But the only issue is this burn will happen after 3 months also some new partnerships for Pundi will go a long way to help recover the price. In mean time did any small investors like me got a chance to flip his or her NPXS for FX? |
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pickupcoin
Legendary
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Activity: 1203
Merit: 1000
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April 22, 2019, 02:57:58 PM |
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OMG, another one token swap. This is already starting to piss me off.
Can someone post here how to swap NPXS to this new token? or do not need to do anything?
thanks
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MrFreeRoMan
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April 22, 2019, 03:09:17 PM |
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They should really consider raising the daily conversion limit because the whales in PundiX won't let small investors like me to convert my NPXS. btw does anyone remember what's the contract address for FX? |
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Kurva
Jr. Member
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Activity: 319
Merit: 1
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April 24, 2019, 08:07:18 PM |
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Sounds like this was a shock to you ? Its not a tokken swop you not have to convert your NPXS if you not want. I might misunderstand you but sound like you not have heard about the new project form Pundi X ? |
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Ipwich
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April 24, 2019, 10:28:25 PM |
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Sounds like this was a shock to you ? Its not a tokken swop you not have to convert your NPXS if you not want. I might misunderstand you but sound like you not have heard about the new project form Pundi X ? This token if you will not convert it, you can still trade in exchanges, I'm not touching mine yet and there is no problem with trading since we have a decent volume. However, I don't advise to sell at this moment as we all know price is very cheap, not profit at this time. |
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Anarchy101
Legendary
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Activity: 1316
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April 26, 2019, 05:05:53 AM |
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Did anyone try withdrawing FX from the XWallet? I have been trying to withdraw my coins but I am not receiving the verification code to my cell.
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Kurva
Jr. Member
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April 26, 2019, 08:18:39 PM |
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erikalui
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April 27, 2019, 06:29:24 AM |
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So it's not mandatory to convert NPXS to FX right? I can see that NPXS is still being traded on exchanges and FX price is too high now on Bittrex. They haven't mentioned the ratio exclusively and used formula to explain instead. Has anyone sent their NPXS tokens to convert to FX yet?
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Kurva
Jr. Member
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Activity: 319
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April 27, 2019, 06:36:51 AM |
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So it's not mandatory to convert NPXS to FX right? I can see that NPXS is still being traded on exchanges and FX price is too high now on Bittrex. They haven't mentioned the ratio exclusively and used formula to explain instead. Has anyone sent their NPXS tokens to convert to FX yet?
No my brother i have not and i will not do it. I think/fell that Pundi X them self have been dumping NPXS because the team needed money to found both projecta. And now we see a 11% monthly airdrop in hope that many NPXS holders will convert to FX. And when this is done and the burn is over do i think Pundi might pump NPXS back up a gain. |
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Amel
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Activity: 1638
Merit: 1033
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April 27, 2019, 07:04:29 AM |
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Should we say those who did not take this opportunity will regret  $ 0.4 is a good price Is there still time for converting? |
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Kopetunto
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April 27, 2019, 07:31:30 AM |
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Should we say those who did not take this opportunity will regret $ 0.4 is a good price Is there still time for converting? If you look at the current price it is indeed a good price and I think you may say that because it is a good price and with people not taking this opportunity will certainly regret it but it returns to you |
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boopy265420
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Activity: 1876
Merit: 1005
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April 27, 2019, 07:59:41 AM |
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At first sight not looking good idea to create more tokens instead of enhancing functionalities of existed ones. I personally will not go after F(x) token since the conversion rate is too high. What is hidden good thing in this is we will see significant decrease in NPXS supply. That is going to balance the supply and demand for that token.
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erikalui
Legendary
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Activity: 2632
Merit: 1094
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April 27, 2019, 09:41:57 AM |
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So it's not mandatory to convert NPXS to FX right? I can see that NPXS is still being traded on exchanges and FX price is too high now on Bittrex. They haven't mentioned the ratio exclusively and used formula to explain instead. Has anyone sent their NPXS tokens to convert to FX yet?
No my brother i have not and i will not do it. I think/fell that Pundi X them self have been dumping NPXS because the team needed money to found both projecta. And now we see a 11% monthly airdrop in hope that many NPXS holders will convert to FX. And when this is done and the burn is over do i think Pundi might pump NPXS back up a gain. I first want to know how many FX tokens will I get if I exchange say 1000 NPXS tokens. If the rate is not good, then it's not worth but if suppose they even give 30% of FX tokens, it would be a good deal. |
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futureofeth
Member
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Activity: 686
Merit: 10
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April 27, 2019, 11:35:38 AM |
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Sounds like this was a shock to you ? Its not a tokken swop you not have to convert your NPXS if you not want. I might misunderstand you but sound like you not have heard about the new project form Pundi X ? This token if you will not convert it, you can still trade in exchanges, I'm not touching mine yet and there is no problem with trading since we have a decent volume. However, I don't advise to sell at this moment as we all know price is very cheap, not profit at this time. Yes, you are right we shouldn't sell them for cheap price in the market, now it is the right time to grab as many coins as possible in the market. Pundix will surely increase its price on the market once the market starts recovering. So we should always check their twitter channel because they are giving updates about their progress and developments. |
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Kurva
Jr. Member
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Activity: 319
Merit: 1
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April 27, 2019, 02:15:54 PM |
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So it's not mandatory to convert NPXS to FX right? I can see that NPXS is still being traded on exchanges and FX price is too high now on Bittrex. They haven't mentioned the ratio exclusively and used formula to explain instead. Has anyone sent their NPXS tokens to convert to FX yet?
No my brother i have not and i will not do it. I think/fell that Pundi X them self have been dumping NPXS because the team needed money to found both projecta. And now we see a 11% monthly airdrop in hope that many NPXS holders will convert to FX. And when this is done and the burn is over do i think Pundi might pump NPXS back up a gain. I first want to know how many FX tokens will I get if I exchange say 1000 NPXS tokens. If the rate is not good, then it's not worth but if suppose they even give 30% of FX tokens, it would be a good deal. Ratio is 300 NPXS to 1 FX. So you will get around 3  |
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