Post
Topic
Board Announcements (Altcoins)
Re: ♘♕♔SWING♚ ♛♞ ▬▬▬▬●Programmatically Fluctuating Miners Cost!●▬▬▬▬ Now On Bittrex!
by
Kostolany, Jr.
on 27/06/2016, 16:38:07 UTC
I would go with swap for SWING EVOLVED  Smiley
Bittrex is great, Polo would be super great, much bigger volume there, we can try for that.

murderouskirk is also kinda fan of swap as I read it  Smiley

Anybody here with interesting reason why not to swap? Wink

So the removal notice is gone. Looks like we may have made it off the chopping block Smiley.

How do you guys want to proceed?

Thanks for update, dev.

Thinking about swap...
 - with new reward scheme we will kinda have new coin anyway (we can call it SWING EVOLVED [SWEVO] Grin
 - people like new coins, both miners and stakers: they can get nice market share quite cheeply, also new start is always exciting
 - some people swap, some don't, some swap only part: it can drive price of "old" Swing up as well (swaped coins are burned = lower supply)
    (technically "old" swing would be kept with that rounding problem, so maybe most would swap, but some coins wouldn't be swaped anyway (lost wallets etc.)
 - with new coin (and swap) we don't have to deal with soft/hard fork
 - new coin = new people = bigger trading => Bittrex might also like that :-)

What you guys think?

I actually think there are a lot of pros to starting a new coin as well. New coins are significantly easier to work with than old coins, as well as more popular. Plus it gives us more flexibility on how we want to approach the market. I actually have a few market stimulus / distribution ideas that would require starting fresh, so we could consider taking advantage of that (along with other ideas from holders).

However, I think if we do make a new coin we should shoot for Polo instead of Bittrex this time. They have significantly more volume anyway (1,634.47 BTC vs. 14,674.76 BTC 24hr volume). I actually have some ideas of Polo specific implementations that might help us get listed.

It would take some work and time to swap into a new coin, but I think we could definately pull it off (especially if we can find people willing to form a team with me and pitch in on the workload).