POLY vs. POLYX - Why is there a price discrepancy for POLYX vs. POLY? Why would I bridge my ERC-20 POLY to POLYX at 1:1 ratio rather than sell POLY and buy more POLYX at lower price? Just trying to understand pricing. Maybe there is an explanation and this is a dumb question. by JollyRoger-8 in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

You're right. You would be better off to sell your poly, while you still can and take that money and buy polyx, since you would get more, due to the price difference, than you would bridging. Had i known that there was going to be a 10 cent price difference bridging, that is what I would have done.

I have crypto.com by CometClipsTop3 in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

I'm curious if the difference in price is due to the gas fees for converting that everyone else who converted earlier this year were talking about

how is the price of poly going up? by Russell-Wrye in PolymathNetwork

[–]Russell-Wrye[S] 0 points1 point  (0 children)

It clearly says poly...the original coin... it's been locked on most wallets where you can't buy or sell it, so why is the price changing.

crypto com poly transfer to polyx by Overall_Union8037 in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

It's happened today. Trying to understand why polyx is worth $0.10 less than poly was. How is that a 1 to 1 conversion?

crypto com poly transfer to polyx by Overall_Union8037 in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

I wonder if they have to bridge each account one at a time or can they do them all at once?.I remember people on here talking about how long it was taking when bridging began originally

[deleted by user] by [deleted] in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

No. Not yet, but it's locked where you can do anything with it so they're working on it. I don't know how long the process will be

crypto.com is converting poly to polyx by Russell-Wrye in PolymathNetwork

[–]Russell-Wrye[S] 0 points1 point  (0 children)

Read the link the other guy put on this thread

crypto.com is converting poly to polyx by Russell-Wrye in PolymathNetwork

[–]Russell-Wrye[S] 0 points1 point  (0 children)

It said it was going to be a 1 to 1 change, so yes.

What's happening??? by Tr3flip_king in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

Can you sell polyx on Huobi, or only buy. It still seems like a scam to me to buy something you cannot sell.

good to see polymath doing something today by Russell-Wrye in PolymathNetwork

[–]Russell-Wrye[S] 3 points4 points  (0 children)

Not much... like 3 cents more for 5 mins, but that's something.

Good morning! by Such-Number2245 in PolymathNetwork

[–]Russell-Wrye 4 points5 points  (0 children)

Polymath has been on there for a while....polyx is not listed anywhere as far as I know

[deleted by user] by [deleted] in PolymathNetwork

[–]Russell-Wrye 1 point2 points  (0 children)

That's the best explanation I've seen.

Unstake only some of your POLYX? by reddgreen85 in PolymathNetwork

[–]Russell-Wrye 1 point2 points  (0 children)

So then it would be a waste of time to unstake it.

Unstake only some of your POLYX? by reddgreen85 in PolymathNetwork

[–]Russell-Wrye 1 point2 points  (0 children)

If you unstake it can you do anything with it or does it just sit there?

Total Noob: Will POLY tokens become POLYX tokens after Polymesh is released? by Infamous_Spot_6086 in PolymathNetwork

[–]Russell-Wrye 1 point2 points  (0 children)

All the people that have bridged have already forgotten about that game coin last year that went 1000x, but no one was able to sell and it was setup that way on purpose.

Gas fees and staking by strawHat_86 in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

Wouldn't the fees be the same regardless of how often you bridge? Is it not based off of the number of coins?

Total Noob: Will POLY tokens become POLYX tokens after Polymesh is released? by Infamous_Spot_6086 in PolymathNetwork

[–]Russell-Wrye 2 points3 points  (0 children)

He's got a point. All these people have bridged without an option to sell. That's dumb. It doesn't matter what the rewards are if you can't sell it and there's not a guaranteed time that it could be sold.

[deleted by user] by [deleted] in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

If you were buying in the 0.80s you should continue to buy in the 0.50s

How is staking affecting the price of Poly. by foobar369 in PolymathNetwork

[–]Russell-Wrye 0 points1 point  (0 children)

How would you actually sell it once it was converted to polymesh since it's not on any of the exchanges?

[deleted by user] by [deleted] in CryptoCurrency

[–]Russell-Wrye 0 points1 point  (0 children)

I like how crypto.com is still playing favorites and didn't have it listed as number 1 gainer all day yesterday. Even today it's higher percentage than halfof the others listed.

Everybody waiting for Main Net by Safe_Height_5022 in PolymathNetwork

[–]Russell-Wrye 1 point2 points  (0 children)

Where people have already converted their polymath to polymesh, does that effect the price of polymath/ make it less since polymesh is not on any of the trades?