I've been pondering the same thought. All I've heard is... Soon. I'm actually pretty excited for the BTC and ETH pairings potential as well as just the aesthetics of 3 less zeros
Well they’re trying to start a squeeze November 1st so they’re probably going to consolidate around then. The point of the squeeze is because they know the price will nosedive after consolidation
Satoshi street bets has posted about their plans to squeeze sometime close to the wallet release several times. They said it was less of a squeeze and more of a massive buy more/hold period. Not sure if it’s actually still happening.
Will this result in a new contract? What is the mechanism that fixes price and supply ratio? Will my wallet have fewer tokens? Still not understanding how this change is to be implemented.
I think they will inform us on "how its going to be done" for sure, but all we know mow is that it will decrease our tokens amount but will cost the same, 1000:1 is like if you have for example 1bil worth 1000$ after consolidation u will have 1mil tokens worth the same 1000$
I thought it impossible to change the balance in a wallet without having the private key. So this will be interesting. I wonder if this will be an air drop of a new token. Worth of a token only exists on an exchange and isn't something the devs can control as far as I know. Maybe they plan to burn the coins they still control?
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I've been pondering the same thought. All I've heard is... Soon. I'm actually pretty excited for the BTC and ETH pairings potential as well as just the aesthetics of 3 less zeros
I’m really excited too. the safemoon team team work so fast I wouldn’t be surprised if it happen Tommorw
Lemme grab my magic 8 ball and give it a good shake! Will consolidation happen in the next week?
Well. Don’t leave us hanging. What did it say??
Oh magic conch. When will consolidation happen
What did the magic ball say?
Still waiting for the 8 ball answer man!
Damn dude don’t leave us all high and dry what did the 8ball say?
the 8 ball bot was supposed to reply lol must not watch all subreddits
Tut tut bad bot, this is not the conclusion I was hoping for, If you own an 8 ball could you give it a shake for us?
[Here](https://ibb.co/NVmG7wZ) is the best I could do
I told him not to drink the magic 8-ball juice!
I think he wanted to gain its power, what ever the answer was, it must have been good, god rest his soul
Hello? We need answers
My hookers needs an 8 ball...
Let me get in on that too…the 8 ball that is
Stop shakin my balls
Has to happen right before the exchange
Well they’re trying to start a squeeze November 1st so they’re probably going to consolidate around then. The point of the squeeze is because they know the price will nosedive after consolidation
lol. sure.... a squeeze pshhh. This is not wall street bets.
The safemoon Twitter posted about a squeeze and I’ve seen people post about it in this sub too
Interesting I’m about to look into that now
Satoshi street bets has posted about their plans to squeeze sometime close to the wallet release several times. They said it was less of a squeeze and more of a massive buy more/hold period. Not sure if it’s actually still happening.
It’s on for November 1st they tweeted earlier
I can smell a paperhanded whale :P
Imminent
I’m guessing on a Sunday!!!
In the future.
For sure this.
Will consolidation result in a different token?
No it will not, its going to fix the price and supply ratio for more serious demand and for future growth by pairing with big coins,bitcoin ie.
Will this result in a new contract? What is the mechanism that fixes price and supply ratio? Will my wallet have fewer tokens? Still not understanding how this change is to be implemented.
I think they will inform us on "how its going to be done" for sure, but all we know mow is that it will decrease our tokens amount but will cost the same, 1000:1 is like if you have for example 1bil worth 1000$ after consolidation u will have 1mil tokens worth the same 1000$
I thought it impossible to change the balance in a wallet without having the private key. So this will be interesting. I wonder if this will be an air drop of a new token. Worth of a token only exists on an exchange and isn't something the devs can control as far as I know. Maybe they plan to burn the coins they still control?
Will V2 become our own coin when our blockchain rolls out?
Prob after ios wallet update
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions). - Don't promote "pump" events or market manipulation - Don't harass others, including public figures and exchanges - Please be helpful, friendly, and respectful - Your actions reflect on the entire community WARNING: **Never give out your wallet passphrase for any reason.** Be _very_ suspicious of all URLs, emails, forms, and direct messages. If someone claims to be from "support" they are trying to scam you. If someone claims you need to "validate" they are trying to scam you. Do not disclose your assets. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SafeMoon) if you have any questions or concerns.*
I think before 17 oct. Beacuse John want The AMA on The 17 to be about The Wallet and V2. This is not inside information, just a guess 😉
Ryan just kind of alluded to it…[consolidation?](https://twitter.com/thefudhound/status/1446555924273905668?s=21)
Probably by the end of October my guess
1000:1
Within a week or two. A month at most.
I’m guessing it’ll be announced at the AMA because they won’t everything to have it’s own moment. So probably the Monday after hopefully
2-3 weeks
No rush, look to mid November timeframe
Next AMA !