/biz/ - Business & Finance

I'll need to larp at conducting my own research/due diligence because until they have a white paper & Squawk Advisors website is back up, I'm forever gonna assume they're a scam.

Very promising ico project. WP made a strong impression! There was a hope for the future development of the Internet. I wish this project and this team to realize all the goals set. Innovation project very interesting. with your card every transaction be easy. I'm sure this project will attract many poeple to use Relex

>>10928216
you've been shilling this crap since april, kys

>>10928391
I've not looked into this coin yet but there's not even a white paper? That's a good way to stop big money from coming in.

The white paper is on relex.io, the web portal is going live in a few months, and going through proper channels going to be FINRA compliant. If you like money get in now before it hits bigger exchanges and moons.

>>10928216
OP,

While I appreciate Relex threads, these brainlets are too fucking stupid to realize what Relex is and how big it will be. Unless Chainlink announces a partnership with Relex, it will always get hate from 4chan.

>>10928471

They don't have a "whitepaper" because they're a business that uses cryptocurrency, not a cryptocurrency business. They don't market to brainlets on 4chan, but traditional investors in the real world. You brainlets need to go to relex.io and check the Q1 and Q2 reports on the top right of the site and do some research. And if you feel anything is lacking, come in the Telegram and ask questions as its highly encouraged.

>>10928447
And had you bought in April, you'd be 10x even if you don't believe what they say.

And FYI, they are on one step closer to becoming one of the only official cryptocurrencies approved by the Central Bank of Russia, meaning it will be implemented and used by the Russian government. If this shit was a scam like you brainlets want to believe, I guarantee you that the Russians have the resources to make their lives miserable if they pull a scam.

Brainlets here are too stupid to realize what Relex actually is, literally their next 1000x looking right at them.
The "too good to be true" syndrome hits them and they attempt to find anything (even stupid shit like a small community) to fud about.
No one in this thread can come up with legitimate concerns/red flags about Relex because there aren't any.
If Relex wasn't legit those 30 or so people that went to an all expenses paid by Relex trip to Vietnam wouldn't have came back with their organs intact.
In fact, ask ANY one of them that went and they will tell you they're more bullish than EVER with the shit they've seen and the people Relex deals with in the real world.
Also brainlets, they aren't targeting you with their business. They don't need your lunch money that you got from your mom this week.
If you didn't notice, they market to traditional investors with deep pockets who can save hassles investing (legal stuff) and the developers who post offers can save a ton of cash using this system.
Investors get a better ROI, and developers save money (not having to get bank/private loans with high interest, legal stuff again).
And all of it is transparent with Relex acting as the middleman providing the transparency in conjunction with the blockchain.
You can even participate in the development of most properties and invest in them just like the rich do.
But that's alright, keep thinking its a scam and you'll be the one to lose out on easy gains.
A few weeks from now the platform built in conjunction with Katipult will be ready and traditional advertising using those connections Relex has in the real world to investors its going to send this shit to the moon.
Only a matter of time at this point as they have hundreds of millions in deals already ready to hit their platform.
If it wasn't obvious for those too stupid to understand the grasp of what is about to happen with Relex I figured I would at least point it out. You're welcome.

$1 when! Mid 2019?

>>10928963
Once the platfrom launches the market cap will skyrocket to at least 0.10$ and it will be up there till EOY, it might even jump to 0.20$. The rest depends on how deep their investors' pockets go.

>>10928845
Nice to see my brief write-up from the last thread being re-posted!

>>10928989
Maybe, it wouldn't take a lot to move it up honestly so its a realistic target. Remember their developers and investors don't have to use 100% RLX to fund their development projects, but both parties benefit greatly from using it.

>>10928807
finally someone with brain....cant even get myself to answer to these brainlets anymore,they just want to be spoon fed

>>10928989
when is platform being released?

>people actually bought this pajeet scam
never change biz

>>10929070
Platform is expected by end of summer, which is about 3 weeks away. Don't expect it to moon right after platform launch as it takes some time to get the big money (the traditional investors) coming in, but we should see a fair bump in price from users in response to them delivering.

>>10929102
Crypto literally won't survive unless companies like Relex are adopted and supported. Who needs 5 million different options for blockchain if no real companies are using them?
Here you have a legit company working hard to make crypto a major part of their business.
Everyone should be supporting them, they're a great case for how blockchain can actually be integrated into existing businesses.
And I repeat, if companies like Relex fail because you're too busy attacking its followers for supporting it, crypto literally has no purpose whatsoever and will fail.

>>10929110
Summer ended yesterday. Already missed the deadline lmfao

>>10929169
Did you learn how to Google?

>>10929169
Technically Summer lasts until the Fall Equinox which is Sept. 22 this year.

Did the team pay you to bullshit that? "Technically seen we didn't miss the deadline guys!"

>>10929169
Lmfao, best fud you can come up with because you're too stupid to Google "when is the end of summer" which will tell you the exact date this year? Typical brainlet, at least make some effort if you're attempting to fud.

Smells like curry in here

>>10928432
It had no ico.

>>10928741
Going live September 22*

>>10929314
sir pls no bully

>>10929211
Just because summer vacation ended for you and you're back in high school, doesn't mean summer is over. The date given for platform launch is September 22.

> less than 10k volume daily
Pajeet trying to pnd for naan money, I bet he has a sell order open right now at the nearest bid.

>>10929388
sir please dont confuse mango lassi with naan

this is too good to be true. why cant this get on a better exchange? seems like volume would be top priority for an idea like this

>>10929575
That's it. Most of the coins you see that are top 100 in market cap are there because of fake volume. Fake followers, fake everything. This project is 100% organic. There was no ICO so nothing was bought just to attract customers and then be dumped on them like you see with most of the other alts.

>>10929610
ok, but when will this get on a big exchange? has the team ever addressed this?

>>10929617
Yes it has. First, it needs a platform, their product, without which there will be no big exchanges. Second, it needs FINRA approval, which will make it the first crypto in that category. Then prices will go up and realer exchanges will begin listing RLX. For now its market cap is 4.6 mil only, so you're super early.

>>10929649
ah i see. thank you for the info. will keep my eye on this for sure.

>>10929575
They're listed on a few decent exchanges. They didn't have an ICO so they don't have millions to pay for exchange listings, but they also don't want to list on shady exchanges like HitBTC. Besides, most "big" exchanges are wash trade heavens and simply mean nothing when their volume is faked to begin with.

With FINRA approval coming in November and the SEC giving it their OK, the exchanges will be contacting THEM to list in due time and not vice versa. It would not surprise me to see them listed for free on Binance or another highly regarded exchange in the future because of their high regard for compliance and playing by the books.

>>10929649
wow these RLX shills won't stop. smells like scam pump to me. everyone should avoid this exit scam. The devs look like they will dump their 1 billion tokens and run

>>10929673
>define shilling
>there is no pump and dump in the trade history
>all devs have antifraud background

weak FUD

>>10929673
The amount of stupid in this statement doesn't surprise me. Go buy some more Chainlink.

>>10929672
why are you so confident it will get FINRA approval?

What are your realistic price predictions for this for mid 2019 and end of 2019?

>>10929696
>antifraud
they probably hired some coffee boy, or the janitor that moped the floor of the building where antifraud people worked at.

No one has even heard of the people involved in this project. Bunch of nobodies.

I am getting Confido vibes! Stay clear folks you have been warned.

>>10929707
- They have multiple team members with anti-fraud backgrounds. This is a positive thing in the eyes of the US government.
- An IRS enrolled agent (not an employee, titles don't work like the FBI). Again, positive.
- Developing their platform with Katipult (a publicly traded company that specializes in this) to ensure their platform is compliant with government regulations.
- They've already filed long ago and working closely with FINRA to ensure they stay on top of the requirements needed to get approved.

Not hard to see why they will get approved since they're playing by the rules.

>>10929781
Fuck outta here with your low effort fud brainlet. A bunch of nobodies don't make deals with multi billion dollar development companies and know a lot of investors with deep pockets like Relex does.

Can anybody post the income statement me to the parent company? The website doesn’t even work so I want to make sure they can atkeast run a business before trying to venture in side projects to feed into crypto hype

>>10929885
Of course anon, let me just open that folder on their desktop.
Oops, better luck asking the devs by mail.
The website will be online at the end of this month.

>>10929951
No website
Literal who's
IRS coffee boy who probably does your grandma's taxes at h&r block
Premine scam token
Using money raised for luxury vacations
Trades on low-tier exchanges with no volume
Telegram full of cultist hype boys
Shilling on 4chan so someone buys and gets stuck with bags worst than Bitconnect
Confido and Ripio vibes all around.

>>10930072
What a laughable "fud list" you got there brainlet. Stay poor.

Fuck IDEX though, that exchange fucking sucks

>>10930072
How you doing sappling? Getting tired of fudding yet? Nothing better to do?

>>10930290
>>10930871
>can't refute FUD
>h-h-heh that's nothing t-this isn't a scam!!

christ it stinks of curry in here

>>10931136
I know you're trying to get it fall back to 0.0015 but imo you'd be best off buying it right now, before the platform release and finra approval. All the fud on biz won't make it go lower. They have their partnerships lined up and waiting.