The problem that I see with coinswaps is that the price never seems to correct the right way. I've seen this happen in other coins. If you do a coinswap 5 million to 1, that would technically mean that the new coinsupply is a lot lower and the price of that new coin should be 5 million times higher and that might not happen
if one Stronghands would be $0,000001 for example, the new coins should be worth $5 I don't see this happen really. So a coinburn/swap could seriously affect marketcap
What do you think about that?
I agree with what you are saying.
The main reason people started to buy this coin was the price.
I can't see now how you can convince people to pay $5 for each coin?!
Especially the ration is really ridiculous.
I would have done like 1000/1 and not 5000000/1.
The main reason for burning coins is to raise them in the rating on coinmarketcap.com/. In this case, serious investors will pay more attention to it. The higher the price of a coin, the more attractive it is for purchases. STRONGHANDS - too much, 1000-1 it will not help, only 5 000 000 - 1