sat2=sad2 
no development pure manipulation
buy 1 2 3 sat sell 4 5 6 sat then sell wall and buy again. This coin hasnt done anything more since its first day.
no development pure manipulationbuy 1 2 3 sat sell 4 5 6 sat then sell wall and buy again. This coin hasnt done anything more since its first day.
It's been 2 days, seriously have some patience.
my friend - the 10,000 to 1 conversion tells the entire story.
seriously - what was the selling price of Sat before?
that will tell the entire story.
if the old price was 300 and the new price is 3,000 then the conversion should be 10 to 1 not 10,000 to 1
the only way this conversion rate can be justified is if the old Sat was 1 sat and Sat2 is 10,000 and that's not the case.
thanks to the dev's everyone has gotten royally screwed!
The swap was 1:1000 NOT 1:10,000
I stand corrected - so tell me - what was Sat selling for?
Inquiring minds want to know?
I bought 129,000,000 SAT between 3 sats and 4 sats when it was available on MintPal. I knew that after the 1:1000 swap that would give me 129,000 SAT2 which I would then hold whilst the devs do what they are planning. It was inevitable that people would be dumping SAT/SAT2 for the first few days (miners always do) so I am more than happy to sit back and wait. I see this as getting in very early on a very promising coin. (which now only has 7.7m coins in total) I managed to get in to BC very early (3500) MAST very early and VRC also very early. Just do some research on what the coin/devs have planned and then take the risk on whether or not you wish to invest.
I personally like what the SAT2 devs have planned and am looking forward to more details as and when they are ready to release further information. Until then, I will continue trading my other coins, whilst keeping an eye of the development of this one.
They stated how the swap would work quite some time ago so you really have no excuse for not knowing how many SAT 2 coins you would be getting in the swap from your SAT coins. It was also inevitable that there would be a dump in the first few days. It is the nature of crypto and won't change any time soon.
My advice would be, if you aren't sure about investing in the coin, then move your BTC to another one. VRC is a great investment, and for the longer hold, MAST will be a great second choice.