Quote from: eXperiencePoints Official on August 12, 2019, 08:29:41 AM

Hi FalconCoinTalonPower,

I think where your math goes sideways is that the post-swap value in DOGE shouldn't be multiplied by the supply cap. Market capitalization is not calculated that way. It's multiplied against the circulating supply, in this case, 4 billion, keeping in mind that half of that is locked up for development and the other half is for swapping the coin base.

The other thing is that the only way to get the new coin is by exchanging old coin or minting from exchanged coin, and we're not conceding ground on that. If to get a new coin you must give 200 old coin, why would you then turn around and sell that new coin at a value less than 200 old coins? I mean, if you want to take a loss, by all means, go for it, but I wouldn't expect most people to want to do that. Might there be people that are willing to sell the old coin at less than .00134 right now and will sell the new coin for less as a result? Possibly, but I think the coin has found its bottom, and I doubt there will be much of a sell off for natural reasons. Certainly manipulators be manipulators...

Where swaps really run into trouble is when they do one or more of the following...

1. Duplicate coinbase from another chain, essentially making a whole new chain of free money. Hoping it has any relevance to the original coin is a pipe dream because there's nothing at stake.
2. Flood the market with free coin from the new chain. Once again, very bad for valuation. Typically done to attract community. We already have community. Folks are going to have to do real development work to get any coins from the team.
3. Exit scam or in some other way violate swap rule integrity

We're doing none of the above, and we have introduced some innovative and easy-to-reference methods for ensuring that.

ok

4 billion * 0.32 = 1.28 Billion DOGE market cap
1.28 billion * 0.003 = $3,840,000 market cap necessary to break even post swap. That is still around 3 times current market cap to break even post swap. Correct?

If correct how is swapping beneficial to anyone?