/biz/ - Business & Finance

>FUD
>the chinks won't dump on us just HODL xD
>increased supply won't dilute the price

>>10241721
>near the bottom
The bottom is .0001 sat angel investors paid in Feb 2017 when BTC was cheap as fuck. If you really believe that Jihan, Da Hongfei and Tony Tao won't dump their bags at current 36x, the sheer thought of ridiculous inflation when this shitcoin is listed on only one real exchange will scare off any potential buyer. The public sale was at 0.00125, so everyone who bought back then will likely to join bagholders, because this chink scam has the worst fucking token economics in crypto. Add 4% annual inflation on top of all as well. This garbage isn't really worth paying $1 per coin.
>>10241719
If there is a bullrun this will pump the least. Look at this fucking cope. ELA bagholders rest their money on blind faith that those chinks won't dump a penny. Just how dumb can you get? Even if they won't, it creates selling pressure on its own.