Re: [ANN] 1337 [MANDATORY UPDATE] 167% APR| FORK ON THE 25TH OF NOVEMBER
1337 is moving up also at the alternative market. from 0.003 dogecoin to 0.01 dogecoin which is about 0.2 satoshi, the way to a steady 1 satoshi is still long.
This is great to see, I agree that we are still a long way off to reaching 1 sats again but hopefully it can some time soon. I'm really looking forward to seeing what the new coin will do to 1337 as no one knows if the price will rise or fall and like I said I think I'll swap 50% of my 1337 coins for the new coin and just hold the other 50% to see what happens to the price.
i think i will continue to keep all my 1337 and not swapping them. however once w00t will be listed in exchange site we will be able to see the real value of the new coin and than i`ll buy w00t with my faucet earnings, because if we swap our 1337 coins to w00t without it being listed at least on one exchange site its 100% gambling.
faucets dont pay much these days, so i hope the swap will be as late as possible because i want to buy as much as i can at low price.
Yeah you may be right by doing this and I may also rethink my strategy as I forgot about if w00t is not listed on an exchange right away and it will be like gambling as we don't know if it will be listed or not. I agree with the faucets mate as the earnings are now low due to the price of BTC going up but if you are lucky you can get some Alts from faucets and then use them to buy the new w00t.
all altcoins are a gamble, I'm getting a good chunk of w00t with my 1337 it doesn't cost much and theres not a great deal else to do with em. When w00t hits an exchange its likely to be at a higher value than 1337, and it will get on an exchange look how many absolute arse project coins get listed with no possible future and a newbie account launching it. Velvet has proven his dedication and ability time and time again so why wouldn't it?
Everyone has made some valid points on when the new w00t coin will be released and I may stick to my first strategy which was swap 50% 1337 coins and keep the rest or do a 30% swap and keep 70%. I think I'll just see what happens and I agree that Velvet has proven him self time and time again and trust in his decisions.
Did the SWAP happened already?
No. :-)