I must say that I follow the news but I'm still finding it hard to get the right information. Heres what I've found, hope I got it now.
Stronghands as we know it today will continue to exist
StronghandsMN (masternode currency) wil be created and you can get those coins if you swap your current Stronghands to that new coin on a 5.000.000 : 1 ratio. So if you have 10 million Stronghands, in the new coin you will have only 2 coins.
What I'm having a hard time is finding out what this will do to the price. will the price of 1 SHMN coin be 5 million times higher? I'm a little concerned because there is also a coinswap going on at Paccoin to $Pac with a 1000:1 ratio.
The problem is however that the price of the new coin is no way near x1000. So you swap your coins and then they are worth less actually, people are selling the new coins for less than x1000 value so I see that as a loss right.
Is there nowhere to burn 5 million for a new coin? this currency will never be appreciated for 10 thousand dollars, because they want to burn 5 million / 1 new currency .... I do not accept that I stay with my old
after the burning of money, how much had the initial price of this coin cost? 5 thousand dollars to 10 thousand dollars ?, I think I'm going to stop to laugh a little bit