/biz/ - Business & Finance

>>13085994
why even bother, let biztards FOMO in at 20c+

why even bother, let biztards FOMO in at 20c+

why even bother, let biztards FOMO in at 20c+

>>13086005
>>13086008
>>13086026
God fucking dammit /biz/-lord if this is you you're fucking it up. Back to #general.. Everyone shut the fuck up.
OP delete the thread. regroup for now fuck.

>>13086043
Can i get a discord link im not in it lol ill delete after u send

>>13086043
God fucking dammit /biz/-lord if this is you you're fucking it up. Back to #general.. Everyone shut the fuck up.
OP delete the thread. regroup for now fuck.

second shoulder of an head&shoulder is taking place. i'd buy the dip once the formation is done.

Just longed this ground floor 10x.

Comfy frens.

gooked

Please Note: users need to manually transfer BTMX to Lock-up Account under the [My Asset] tab.

How?

Please Note: users need to manually transfer BTMX to Lock-up Account under the [My Asset] tab.

How?

>>13086818

imagine being this dumb but lucky enough to get in bitmax

go to "balances" tab, scroll down, you'll see a square box that says your bitmax tokens and you click "request for lock up"

>>13086940
This is where it shows tokens. No Lock-up option.

>>13087029

Click transfer and copy paste the following adress:
0x43e170063fe873a825aa97453f441ceafcc4c812

Good luck.

>>13087055
Withdraw*

>>13087071
:)

whats the ROI on lockup and these cards?

anyone cares to do the math for a nice copy and paste?

>>13087055
Done. So how do I lock up BTMX?

>>13087133
>go to /#/btmx
>request for lock up

>>13087211
Success!
Thanks anon, enjoy those 11 BTMX :)

>>13087211
you are shilling your bags but dont answer the important questions?

>>13087261
Very kind fren.

>>13087117

I did the math for biz like 100 times but it's gone from archive now. Nobody appreciated it.

I'll give you a simple answer though. If you buy at current price it's 26-30% (its barting up and down in price every day). But the thing is, the divvie pool is a 180 day average and bitmax only blew up the last 6 weeks and continues growing. Even if they stop growing and hold current volume for another 3-4 months, the ROI at the CURRENT PRICE will literally 10x.


it's only 3.6m dividend pool, that's 20k per day payout. I've been watching this closely and every day it has been growing 150-200k per day. When I first bought the payout was 12k per day TEN DAYS AGO. The price will continue to reflect the parabolic growth of the dividend pool, consider yourself lucky that everyone else can't do math and/or is scared by the inflation. Div pool will 10x within 3-4 months, inflation will at most 2x based on the math.

The thing is though, if this was not at such discount prices, the inflation would be much lower than 2x in the next 3-4 months. So every time price moves up, inflation goes down (as the mining rewards are based on USD/btmx conversion - higher price = less coins rewarded = less inflation)

Look for yourself at the daily "total output" numbers. Volume has risen drastically but inflation has been going down every time there is a price movement.

Also, smart money isn't reverse mining so tokens aren't being burned much yet. This is because they know the token is extremely undervalued so it would be dumb to burn them for transaction fees at this time.

>>13086818
>>13087029


oh you're on mobile. get the app dingus

>>13087316
thanks,

to get the dividend, i need to lock up tokens?
can i unlock them later on and collect them on top of dividends, or do i only ever make money from the dividends only?

>>13087316
Holy fuck

We are unironically going to make it guys

>>13087316
so what are you saying, to lock all your btmx or swing trade them ?

>>13087316
Can you explain how the lockup works fren. I didnt even realize you could stake it. What does the acceleration do?

>>13087316
i didnt understand this at all but you sound like you know what youre talking about. just locked up 18k tokens thanks

https://medium.com/@cryptopajeet/bitmax-part-ii-data-usage-rewards-and-price-potential-c709a31b6932

So why should I buy an exchange token from an exchanges that is proven to have 97% fake volume?

how much lower do you think it'll go . thanks for all those numbers being crunched ..

>>13087545
It's below MA90 and even MA30, won't go lower.

>>13087550
Counter-argument: it did a 450% increase in a bear market. Tons of people are going to take profit and dump.

load a 200 MA on the 1H chart .
i would think it a fair price to buy on the 200 MA.
as of now, it's too overvalued due to the recent pump.
if the price will never go back there, then never mind.

>>13087562
also this

can you unlock tokens that you have locked for dividends ?

Can someone please explain what this shit is.

>>13087533
remember the feel you had when first using binance? you knew its gonna be big.

have the same feeling with bitmax,
shitcoin margin plus exclusive listings is addicting
also the team does hell of a job

>>13087562
>>13087565

why would TA matter on a dividend asset. Maybe very short term, but nobody is let this dip below 35% APR (when the APR per 1m tokens is literally growing 5-6% per day and will continue to do so for months)


My 75k stack has gone from 5$ per day to 6$ per day in a weeks time.

>>13087403

Yes you need to lock them. You can unlock them at any time, but you have to wait 24hrs or eat a big fee for instant unlock. This is obviously a good thing to reduce swing trading.

Also, I laugh every time the price barts up and later I see all the burned tokens from people instant unlocking. Reverse mining, instant unlock fee, and reward card fees all get perma locked (burned)

>>13087455

I lock mine. If I notice a big price dip, I move over 6-7 eth and hold it for an easy 20% on either the next leg up or the top of the current trend. That's just me though, made an extra 1500$ doing it a few times.

>>13087477
There's not much to explain. You lock them up, then after 24hrs you start getting dividends in the form of USDT. I'm not sure what acceleration you are referring to?

If you want to figure out aprox how much you get right now, it's about 2$ per 25k per day.

>>13087480
Don't get scared by swing trading. The numbers continue to rise, this isn't speculation, we can literally see it growing every day.

You guys should look at TigerCash

>>13087578

Oh nevermind, I see what you meant by acceleration.

Okay... so when people transaction mine, the total amount mined is matched at a 49/51 ratio of... basically think of it as ICO tokens. You can look up the exact numbers but it's something along these lines...

51% tokens unlocked from mining (to the public)

49% tokens unlocked at the rate of mining

Of those 49% tokens being unlocked
~40% private sale funding
~20% foundation/team
rest is like marketing and other shit

What you're posting means that if a private sale investor wants to dump his tokens before they are released by mining over a long period of time, he has to eat a big fee and that fee burns those tokens.

>>13087646
Or rather, increase the speed in which he gets his tokens while paying the fee. But I'm sure you get the point.

ok so what's the best strategy here?
keep 100% tokens locked at all times and forget about them?

what about pic related? whats the best setup for these settings?

>>13087646
Ok so i guess i shouldnt worry about using that then because i wasnt in the private sale. Right?

>>13087657

If you aren't a high volume trader just set it to regular trading fees and leave it alone.

I keep all mine locked, but I have about 3000$ I swing trade with.. if the price dips 10% from the local average price I move it over. I'm not sitting there trying to scalp 5% on margin or anything like that.

>>13087659
Correct

>>13087718
Thanks for the advice/help this shit is 100% gonna moon. Everybody wants to margin trade these shitcoins but there literallu no places to do it on except bitmax atm lol.

They still banning US ip addresses?
You fucking discord trannies

>>13087753

Yeah some retard has been saying this for a week now but never showed any proof of a single person it happened to. In fact, people in the bitmax discord got their KYC rejected because they were american, but did not complain about being banned.

Bitmax can't openly say they accept US customers. But they suggest it's fine as long as you don't KYC. When they posted margin trading on twitter, they said (margin trading not for US clients). Margin requires KYC. With that language, it seems like they don't give a shit if you're just using the exchange quietly.

>>13087770
telegram, not discord

>>13087753
What if you grew up and learned to do something useful for a change, like a fuckin free vpn free trial or some shit.

Besides btc spoiling the party this ones going place indeed. Strapped since 5c

pennant on 1H is ending. where will it go?

50k ready to moon

imagine was happens to this once we enter bull

TA on a coin moved around by bots at will to slurp up any stop losses from margin trading.

I do think it will go up though...

desu its really tempting to just stash part of the whole capital here and forget about it for the next 2-3 years and open it back when btmx has reached bnb levels.
but then i wouldnt have capital to swingtrade shitcoins ;_;

>>13087623
wait, so you buy more on a dip to then sell or lock it up ? how did you make that 1500

>>13088069
he just had 6 eth free.
bought the dip. got the 6 eth back and locked the rest.
repeat at next dip.

>>13088069

I have 75k locked up. I buy 20-25k more on big dips and sell for 15% even if it takes a day or two

>>13088069

Like I bought another 25k when it dipped to .086 earlier. It's at .089 now but I'll probably sell in mid 9's and put it back in knc if it isn't pumping already

>>13087894
>where will it go?
Bears have been nothing but faltering
Their main defense taken down 2min ago
New one is less than half of the old one
Every minute they're more vulnerable