/biz/ - Business & Finance

What?

>>22033664
cz just dumped on us to get more coins

It's a comfy hold, make interest and chillll. Big pumps get big dumps.

OOOOOOOOOO SWIPIES

> tfw I was told this would outperform link
> didn't expect it means that both would fight over who first gets beyond $20 by the end of 2021

>>22033730
Why would someone market dump 700k sxp when it's about to lift off? It's almost like, hmm, almost like they think it's going nowhere and is probably going to dump below one dollar where CZ wants it to be.

>>22033764
I prefer the term "swigger", no I am not selling

WHEN BROS. WE BEEN DUMP CRABBING FOR WEEKS

>>22034263

>>22034263
When the Binance airdrop shenanigans were announced, I posted in these threads telling everyone it was going to turn the coin into a complete shitshow. Nobody believed me because "muh market buy" and "muh BNB people will hold".
You were warned. Enjoy the shitshow.

>>22034622
bruh this coin has a daily volume of $121mil. you think $16mil over 12 weeks is gonna move the market?

how much is the target price in the coming weeks? I bought my bag around $2.9, what am I up to?

>>22034839
Bankruptcy

>>22034748
doesn't matter. the 16 mil is being bought in whole and only a portion of it will be sold by bnb holders.

>>22033664
Random? Don't you ever look at the BTC chart? It is pulling back because BTC is looking like it's about to put on a show.

>>22034622
So what you're saying is that BNB whales are going to keep dumping on us for the next 3 months?

Come on bros. Relax. Do you even chart? It is still 109% on track and will close that gap within two weeks.

>>22035534
what if it dumps below that line, bro? i don't think i can hold on much longer. i need some green hopium in the next 2-3 days.

>>22035534
100%. Damn mobile phone keyboards

>>22035591
That's when you worry. Give it a little leeway below, but as long as it's respecting that support trend line, then you have to trust it.

>>22035625
what are the real targets for EO Sep, EOY?

>>22035711
>EO Sep
looks like it's gonna be around 25k sats according to his chart :(

>>22033922
Who dumped 700k?

>>22035534
Do you not have desktop PCs and keyboard in India? Who the fuck charts on a phone?

Hope you didnt sell the bottom lol

>>22035802
i was really close to selling but i ran out of eth in my wallet so i couldn't transfer to binance

>>22034748
Volume sure, but the order book is thin as fuck, and now there's 30M more locked away in the staking pool. This thing can move with very little push, and do you think Binance is above making sure they don't spend more than necessary in their promotion? They promised a number of SXP airdropped (4 Million), not a dollar amount. There's no fucking way they'll let their promotion run them up to $30, $40, or $50M dollars when they can easily make sure it stays under control. You might think it's peanuts for them (and it is), but on the other hand, they won't say no to savings that take little effort to realize.
>>22035322
Binance won't overpay for their coins. Whales who DGAF about the coin will dump it for something else. A complete shitshow until the promotion ends. And then, we'll see what is left.

>>22035925
they've already bought the 4mil tokens fucking weeks ago, mate. source: JL himself on telegram.

>>22035751
No. That is the support trend line. It means that the demand is steadily increasing. I buy each time it touches that line. As I said above it will take about two weeks to fill the gap and close off the right side of that cup to 41k sats. It may spend another week there at resistance before it breaks out. From there I have no hard target, but this is the same pattern that almost every single token follows after Binance listing. Just keep an eye on that support line. If trouble happens, that is where you will see it

>>22035989
>JL himself on telegram.
No, what he said on telegram was that there would be weekly buys. The exact opposite of your post. kys

>>22035996
This. So much this. Like XRP did this has attracted a lot of people who can't interpret charts and just bought it because somebody else recommended it. And while it's true that buying on fundamentals is still a valid approach, even if it is based upon someone else's word... for fuck's sake men you have to know when to sell and when to hold tight.

>>22036057
no one here believes you, bud. they can literally do their own research and search telegram for the message.

>>22035787
It's a trendline you fucking twat. You don't need a PC to draw a support trendline that's so obvious that a 5 year old could draw it with a crayon. Also not driving home just to reply to a biz thread.

>>22036134
https://www.binance.com/en/support/articles/dfbc98a7b0da4fab872a25d74ceeb9d1

>BNB holding distribution will be calculated as follows:
333,333.33 SXP rewards received by Binance each week * User BNB holdings ratio.
>Please note: The SXP distribution will be from the existing circulating supply and bought from the market, thus this program will not increase any circulating supplies.

Sounds to me like they're buying each week.

what does this mean for SXP?

>>22036134
>>no one here believes you
>pic related straight out of Telegram.
KYS you tranny piece of shit.

>>22036632
>weekly market buy
never seen fud destroyed so smoothly

It will go to 5€ soon. Patience and buy the dip.

>>22036632
Then after a few days that "CEO" said binance already bought the coins, that seems fishy to me.

>>22036632
So we're not going to see this pump for another 3 months. No way is Binance buying 4 million SXP for 10, 20 or 30 burgers when they can buy below 3.

>>2203366 sxp has been red flagged to be shut down and banned in western markets. They are running fraud with fake market making and no actual users or regulatory clearance. CZ is in alot of trouble right now. Best to be aware of the OTHER people who dont want asian financial crime in USA

>>22037037
Bullish FUD

>>22033664
OH GEE I WONDER WHY PEOPLE DIVERSIFY THEIR PORTFOLIO BECAUSE I'M RETARDED.

how does it make sense SXP take over the BNB in price when it is airdropped in WazirX and Binance like BTT?

>>22036632

>>22038169
He could just be lying. I mean, the binance article and his original statement was that binance would be market buying 333k sxp every week for airdrop.

>>22038169
Holy hell how am I supposed to trust JL now REEE

$30 EOY is coming

>>22035534
>>22035625

he gets it

Today we go back to 2.8 min and retest stable at 2.9, not so much move.

>>22038832

Agreed.

>>22038966
UNLESS BTC goes back to $11,000 which will pump every other coin included $SXP, but if it goes under that value it will be blood for everyone.

>>22039153

From what I've seen, BTC drop = alt drop

sirs, when $20?

>>22039366
Very soon. Once DeFi stabilises and solidifies itself, we just need more normies to start getting into crypto. Probably another 2-3 years before Swipe becomes the standard financial transaction app

>>22035925
So large market buys are obviously going to increase the price, even with sell-offs.

Are you implying that SXP is going to simultaneously manipulate the price down as they're buying? I don't get it.

>>22040176
Ignore him. He's an idiot. I told him to do his own research and he failed at that too.

>>22040176
>>22040323
They already bought the tokens for the airdrop

I was banned in the telegram for asking about the market buy... any questions are “FUD” to them and you get insta nuked. Huge sell signal, I’m selling my bags for sure

>>22040699
There's asking a question and there's trolling. Very much depends on how you asked the question.

I don't see when them market buying makes any difference. When they buy, price go up. You can see the SXP transactions on etherscan.

The airdrops to BNB users believe it or not is a good thing. Adoption is probably the hardest thing to accomplish in crypto. You take a tiny hit initially for a huge gain.

>>22033664
i don't even fucking understand
half the supply is currently being staked since mainnet launched and the price dumps? wtf...

>>22040775
Made a new telegram, asked if I could ask a question, was banned. Not even fucking joking. Mods are power hungry and stuck up.

>>22035925
Binance specified a dollar amount not a number the exact opposite of what you are saying

>>22041034
They hired some new pajeet mods who don't have a strong grasp of the English language so they think everything is "fud". I got banned for answering someone's question about coinbase.