To everybody who doesn't completely understand what's going on OR think this is all a scam => please read this blogpost.If you have any questions, you can participate in the official AMA tomorrow (more info in the blogpost ^)
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You guys still fail to realize that this is good news. Or maybe you're just trying to shout "scam" and troll this so you can buy in at lower prices - whatever.
Think of this simply as a rebrand Shadow => Particl. The team is the same + new faces came along. Now Particl will have much needed funding, so the devs and work fulltime (and not rely on almost non-existent donations - looking towards all you guys that just scream about missing updates and features, doing absolutely nothing to help the cause).
Regarding your concerns about "failing long-term supporters" - this is obviously BS. Please read the announcements and understand it before shouting and accusing. Owning SDC is the only way to get into Particl. If you hold long-term (like many of you claim, even though I haven't seen your nick here, ever), you can swap you SDC to PART. Moreover, you have the opportunity to buy up to 15% of how much SDC you own now at a discount price. You don't have to, you can if you want. I don't know what your issues are if you think this is bad.
Oh and did any of you trolls mentioned that out of the unconverted coins 20% goes to devs and 80% goes to community that participated in the swap? SDC won't exist anymore, all coins will become PART in the future. So it goes like this:
- You like the project, you swap SDC for PART and have the opportunity to buy 15% more with discount. Also, you'll get a proportional part of the 80% unconverted SDC.
- You don't like this, you think it's a scam and dev dump or whatever, so you sell + by extension contributing to the "dump" you're complaining about. lol
It's your call. I'm more than 2 years in this project as well, participating. I can't understand how anyone can think this is a bad thing - the project goes mainstream, legit and backed by newly founded foundation. To all you trolls, please explain me how is this bad exactly?
IOW I converted my SDC to PART immediately. I'm not gonna miss out. See ya at Particl, to those who are interested.
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Wondering if I should send my coins to the swap now or leave them staking until the last day?
Considering that the difficulty will drop with everyone sending the coins to the swap...I might get more stakes and get a better deal than the BTC 15% bonus...
Other than that, reading through all the critique, I like that this coin is rebranding.
It is similar to DarkCoin --> DASH rebranding.
If this project wants to reach a wider audience I think the work Shadow might be too shady
Starting a fresh chain is also a good idea imho, do you realize how long SDC syncs at the moment lol
What matters are the people, and this team has the knowledge to make good working code, so I am sticking with this long term.
If I were you, convert now. Yes, the diff will be lower, but the collected SDC will stake eventually to keep the network secure. So it's better to take the bonus instead of stakes (well that might not be true if you'd hold some significant amount of SDC, like 300k's).
what 's your plan about of collecting 3.32 million (cap) which is 50% of SDC in circulation based on coinmarketcap. What will happen to remaining SDC? And ShadowCash project itself ?will it be abandoned?
From particl.io website - uncollected coins will be transformed to PART as well and divided to devs (20%) and community members that participated in the swap (80%). That's free money for you.
I held this coin for 2 years and absolutely nothing was worked on,,,, there is your evidence clown
You held this coin for 2 years? Sure mate. Nothing was worked on? Huh, one would say if you were here for 2 years you knew about the features we have. It's a shame, do your homework.
