Post
Topic
Board Announcements (Altcoins)
Re: [ANN] PURE - Decentralized Exchange - Masternodes - PoS - Dex Shares
by
adamantasaurus
on 15/05/2018, 05:56:30 UTC
Why did the announcement of a swap cause the price to drop so much? I don't understand. Did people lose faith in the coin?

People say they will lost half, if they have 2 master node, after swap they have only 1 master node.
Swap ratio 2:1, but then holders will receive airdrop with new coin 1:1
I think DEV team decide to swap because the coin will have a chance to payment method of their partners, fix many bugs of wallet and reward of masternode. I think it will have better price than now.

Yea the way the devs handled the swap really hurt the price and wasn't good at all for the coin I think they really need to rethink how they handle things like this. They shouldn't just announce a swap out of nowhere and then not give any instructions on what is going to happen or when it's going to happen then say oh your getting half the coins but you still need 5k for a masternode. Yea that really rubbed me the wrong way personally. IMO I will invest when I see a working product....