/biz/ - Business & Finance

Book could easily have been throttled like this months ago. Instead we've had half a year of mostly a handful of whales slowly selling. The majority of the bagholders who want out- all the gobshite slavs with €300 in who won't shut the fuck up- could have sold and fucked off by now.

Now we'll wait another few months for changes to XCM tiers, another few months for investor buybacks, another few months for something that brings trading volume to the exchange. Everything perfectly timed so that any sense of enthusiasm dies down in-between and is completely wasted.

I love Kevin and the idea of Coinmetro- but their consistent inability to follow up on anything successful is depressing. TRAM 1.0, Quant hype, and Kadena could all easily have been massively beneficial to the visibility of the exchange, if they had been better managed. Instead there was a shrugging of shoulders as copy trading managers ran their portfolios into the ground, QNT turned to LCX, and KDA ecosystem industriously churned out fuck-all but scams. There's this bizarre fatalistic attitude to these things, when Coinmetro could (and should) be doing everything it can to see them succeed. It may have been too soon for those- but what happens if (for example) THT manages to capture a potential AI zeitgeist in 2023? Is it just a fun little moon for a while and then THT announces a partnership with Coinbase and everyone fucks off again?

I have decided that every hope I have for Coinmetro in the future should automatically be quadrupled in terms of how long it will take. I look forward to the €1 party in 2025. In the meantime, I am begrudgingly returning to wageslavery.