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DroidR17A
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October 30, 2017, 05:34:01 PM |
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after i read why OP get negative trust, because he always cheats and do not never trust what he has to offer. why people here still believe want to benefit from this project? while OP get negative trust.
You can read all about it here: https://bitcointalk.org/index.php?topic=2030529.0 |
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astronyu
Member
 Offline
Activity: 91
Merit: 10
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October 30, 2017, 05:36:32 PM |
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Hi, I'm sorry but can someone tell me if there is a new wallet released? My sigt wallet has no connection. Read on https://signatum.org/ that there was an internal feud/problems too. Or is this project on the verge of its downfall? |
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kamak
Newbie
Offline
Activity: 10
Merit: 0
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October 30, 2017, 05:53:28 PM |
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Option 1
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Nobil
Member
Offline
Activity: 117
Merit: 100
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October 30, 2017, 06:26:07 PM |
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Voted for the first option.
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aurumrex
Member
Offline
Activity: 115
Merit: 100
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October 30, 2017, 06:26:16 PM |
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"Trust: -2: -1 / +0
Warning: Trade with extreme caution!"
Can OP explain this?
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gegstore
Member
Offline
Activity: 78
Merit: 10
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October 30, 2017, 06:42:55 PM |
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when the swap and where?
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aikuKT
Newbie
Offline
Activity: 4
Merit: 0
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October 30, 2017, 07:58:19 PM |
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I'm not sure witch option i would chose. This is the first coin I invested in and mined  So I'll go with any option just so it can go to the sky  |
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Chocolatte
Full Member
Offline
Activity: 182
Merit: 100
Citius, altius, fortius
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October 30, 2017, 08:03:05 PM |
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shit. shit. shit
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ntrader
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October 30, 2017, 08:04:20 PM |
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no one of these options are not good for coin holders
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SetasSan
Newbie
Offline
Activity: 26
Merit: 0
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October 30, 2017, 08:07:28 PM |
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Option 1
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mbdmbn
Member
Offline
Activity: 146
Merit: 10
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October 30, 2017, 08:14:11 PM |
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The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
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ntrader
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October 30, 2017, 08:35:09 PM |
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mbdmbn, you're right. why devs can't rise total supply to 137Mx4?
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bravetheheat
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October 30, 2017, 08:48:31 PM |
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After swaping coins, I hope there is new exchanges for SIGT2.0, since yobit or nova are not the good choice for any coin.
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slick1907
Newbie
Offline
Activity: 66
Merit: 0
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October 30, 2017, 09:15:49 PM |
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option 1
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MikuMiku
Member
Offline
Activity: 67
Merit: 10
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October 30, 2017, 09:41:14 PM |
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how can i vote? I would like to choose option 1 too.
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Rigorous
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October 30, 2017, 10:14:44 PM |
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"Trust: -2: -1 / +0
Warning: Trade with extreme caution!"
Can OP explain this?
You are able to click links, are you not? Then if you want to know why, I would advice you to click the link. |
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beph
Member
Offline
Activity: 62
Merit: 10
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October 30, 2017, 10:35:18 PM |
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The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
You are under no obligation to swap. You can keep your sigt and happily stake it until the end of time. |
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afm
Newbie
Offline
Activity: 12
Merit: 0
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October 30, 2017, 10:35:26 PM |
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Burn Signatum 1.0 to the ground!!!
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UtopianMessiah
Newbie
Offline
Activity: 49
Merit: 0
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October 30, 2017, 11:09:50 PM |
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The following is an extract from your statement on your website....
"There is currently no cap on maximum coin supply. This means that in the current state, Signatum supply will continue to increase at a rate of 5% per annum through PoS The current, which has not proven to be particularly popular in the community. The supply of approximately 137,000,000 coins, also effectively renders it impossible to add Masternodes or re-introduce PoW in its current state. Earnings for both would ultimately be rendered too low for anyone to be interested in either, especially considering the decline in demand and coin valuation. We have therefore taken the necessary steps to reduce the circulating supply, by introducing a 4:1 swap on the swap. This means that if you hold 100,000 coins today, you will receive 25,000 coins on the new blockchain in exchange. Theoretically, this should not impact the value of your coins, as market cap will organically readjust to accommodate for the change in circulating supply. In theory this means that your coins will be worth 4x current value on the new blockchain. The total coin supply will be reduced from the current 137,000,000 to 34,375,000."
Whoever is in charge of your economic development, you need to get rid of them immediately. Their economic theory is away with the fairies, wishy-washy, whatever you want to call it.
If you have four coins that are reduced to a single coin, while at the same time the total coin supply is reduced by 75%, the same reduction as what you're offering in coins to investors, then it's not possible in any shape or form that "In theory this means that your coins will be worth 4x current value on the new blockchain".
The value will remain the same, that is, if the market cap does adjust to accommodate for the change in the supply. And that's a big "IF".
As far as I can see, it's a shit deal for everyone involved previously, everyone except you and your team.
To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
There's two choices on here in the poll and another on your site where you're saying you don't have to swap your coins at all.
It doesn't matter which "choice" they take, the only winners are the people behind this shitshow, to what amounts to be no choice at all. A kind of take it or leave scenario if you will, coming from the people behind this.
Read: https://en.wikipedia.org/wiki/RecapitalizationI bring you knowledge. Get educated. Albeit, it is indeed wikipedia - not the best source of education - but the tripe you are spouting is wikipedia level dumbassery. Happens all the time with private equity and venture capital. When a company has gone to shit, owners/managers/employees have to suck it up and take their medicine. Signatum is in the same position. This hopefully is a turnaround management exercise, which might work. Are you offering an alternative? Don't be shy. |
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Notyoursbuisness
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October 30, 2017, 11:30:56 PM |
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To make matters worse, you're offering them "choices" in how they can take this further hit and get them to devalue their coins by 75% in the hopes that it does rise 75% so that they can get back to where they are right now in this moment in time concerning the "value" that they hold.
reminds me of "cv2" to "colx" swap where we get 1 new coin for 2 old coins. (they switched algo and turned coin into pivx clone and added masternodes with very high amount of coins needed) price raised from 2 sats to 4-5 sats (before swap)..... but after swap price tanked black to 2-1 sats. so basically swap made people lose at least half of money. ones who bought right before swap (for 5 or even 6 sats).... they lost more. |
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Poll
