/biz/ - Business & Finance

So, first of all it seems like marketing is coming very very soon!

On top of that:
>The lag is increased from 1/10 to 1/15 en tax is raised to 7%/7.5%.

Kinda good imo - more sustainable, personally I earn around 1k USD$ per rebase with it being 10% ish.

Hopefully my xETH frens come here anytime soon :)

>>23045894
Imo theyre going to tweak it to death. They need to find something and stick with it. Never seen a team tweak parameters as much as these fuckers.
And the community has turned into a get rich quick wen lambo streetshitter circlejerk the past few days

>>23046070
>Never seen a team tweak parameters as much as these fuckers.

Lol, they actually do this to make it sustainable - you are sounding like the lambo boy now. The only reason they are tweaking it is because those 25%/30% rebases aren't sustainable. Or would you disagree?

>>23046201
Of course it's not sustainable, but as time goes on they will manually change shit and no one will know any consistent structure to the way the token works. 1 formula and stick with it. Not this, "ehhh we'll keep an eye on it and see what happens" shit

>>23046364
>1 formula and stick with it.

Disagree, what would be the best one? The project is still in early stages - I would rather have a year long of 5%/10% then this shit dying within a month because of abnormal figures.

Hello anons.

Here is why you should consider buying :
>Elastic supply token like AMPL but WITHOUT THE NEGATIVE REBASES
>Rebases occur when xETH's price > 0.01 ETH
>Rebases are compounding, so it's like a savings account but with higher daily returns
>Serves as a hedge if ETH dumps
>Deflationary tax decreasing the supply meant to PARTIALLY discourage sellers
>Price fluctuating between $7.5 - $12 in the past week, meaning this range is safe to buy and wait for the daily interest given that after a few days of patience you'll break even at worst or see profit at best
>Team and community both are engaged and united in order to make this work. Dev wallet burned half of its inflated funds and will do it again in the future if needs be
>Marketing, YouTube and more exposure coming soon™
>Get comfy in these threads (does not require buying)

HERE IS WHY YOU SHOULDN'T :
>xETH is essentially WORTHLESS, if people don't try to make it last it won't be sustainable
>ANONYMOUS TEAM
>CODE ISN'T AUDITED
>NO GITHUB
>LOW LIQUIDITY (fixed soon™)
>NO VOLUME = DEATH
>SINGIFICANT DECREASE IN NEW BUY PRESSURE = DEATH
>Team is tweaking the formula too much, this will make investors lose confidence

xETH gained attention, thanks to that last pump to $14. It unfortunately brought the worst kind of people onboard, and while it's great for the trading volume, I feel more and more disgusted going on TG. Also, while I respect the team decision to try and fix things to make xETH last, many people are starting to feel that they "missed out" on the juicier rebases and lesser taxes giving an unfair advantage to early holders. Once again, it might not be long before people rightfully assume xETH to be an elaborated ponzi even if it tries not to be with the deflationary system and the sell tax.

Still, it's likely xETH will see one or two last legs up thanks to marketing. The cons override the pros currently. But my greed is making me hope for another pump.

>>23046628
>Still, it's likely xETH will see one or two last legs up thanks to marketing.
To add, Sarah hinted earlier in the price channel by selling 1000 xETH that she's planning to use these funds for marketing purposes. This unfortunately might sign the end of the comfy times we're knowing now, as the pump and dump that will follow depending on who gets paid to promote the token will probably leave xETH to crash and bleed if it doesn't magically recover.

I wish I could dump pictures, but my ISP is banned.

I hope the team will break anonymity if everything goes well, my ISP also still banned

>>23046865
They probably won't because "muh decentralized".
Also, fuck jannies. I hate them all.

all forced tokenomics coins (deflationary, rebase, etc) are trash and will be abandoned within a year, if not sooner.

Did I really get banned for posting in xeth thread? I wasn't even shilling

>>23046698
>I wish I could dump pictures, but my ISP is banned.

What picture do you need anon?

>>23046892
it would be better if they did at some point imo, YELD developer went public and got approached a lot of exchanges

>>23046898
>Within a year
Meaning there should still be gas for xETH.
At least that's what my survivorship bias for buying on September 21 is telling me.
>>23046947
Anything lewd enough you can find on yande.re or any other booru, but not NSFW enough to trigger jannies. Fully clothed or skin-tight would be a nice compromise.
>>23046956
I agree. But they don't want to, I believe I linked their medium article regarding that matter in a previous thread but the post got deleted.

See this : https://medium.com/@xethtoken/announcing-xeth-presale-details-18854e7d5016

This honestly should be a warning sign as they're not even ready to put their reputation at stake.

>>23046987

>>23047074
Doing God's work, anon. Thanks a lot.

>>23046987
If you really think you can ride the pump and dump (if there even is any) and come out ahead, by all means.
But 90% of people get burned.

>>23047095
Risky one.

>>23047120
As of now, since the time I bought thanks to both the price action and the rebases increasing my stack, I'm up ~x6 or so.
Even if the price would go back to my entry point near $4.7, I'd be up x3 at the very least. It's why I keep referring to my strong survivorship bias while fully aware that not everyone will be able to be lucky as I ended up being - nonetheless, people who bought on September 28 after fapping to the general's remain currently in the green or are breaking even at worst. As long as you're patient and that the price doesn't crab too down, it's likely you'll make a profit because of people wanting to catch the dips and the rebases both. It's cleverly designed, for an experimental ponzi.

But as you can see, my greed prevented me from taking profits since I believe there is more positive stuff coming, namely LP-Staking and the marketing push. Possibly another dev wallet burn to help counter the MCAP inflation.
>>23047233
That's the good stuff! I pray that you don't get banned.

>>23047255
>That's the good stuff! I pray that you don't get banned.

Most likely, they released me yesterday the fuckers.

>>23047275
Fucking niggers

super risky.
i 3x'd my stack in 4 days and took profit leaving my original stack in there just to see what happens now.

if it genuinely works then fantastic we'll all keep making money.

if it goes to 0 im still in profit.

>>23047312
You did good. Every single part of my body wanted to do this at $12 after the 30% rebase but I held through. When I was already up massively. This week will be make or break for me regarding xETH.

>>23047394
>This week will be make or break for me regarding xETH.

I am pretty much taking a daily salary lmao, if it breaks I still made some nice profits. Could turn out to work for another few months and then I kinda fucked myself but still 30k a month - ill take it

so a well know xeth whale (TOP 5 holder) wrote this is xeth TG. He claims to have met the devs.

First, I must say that I am greatly humbled by the Tone and drive that this team of devs have. In Crypto, we all know it's "fear of rug pull, scams, pump and dump doom and gloom" kind of polarized society. Nothing could be further from the truth about xETH in my experience. The knowledge these people have, and experience to back it up is sensational. Now about the project goals. It was made very clear to me that none of them had any idea how successful this would become right out of the gate and so fast. This of course requires quick decision making and being fluid with rebase % etc in order to create stability long term. I have no doubt in my mind, this is their intentions. Furthermore, the ideas being kicked around concerning team tokens, marketing fund allocations, and future burns has integrity written all over it. The best way I can describe last nights meeting, is to let you all know that xETH investors are literally identical to those investing in Microsoft in 1990. You all have no idea how xETH is sending shockwaves through the crypto world and setting a new standard in DEFI. Please be patient while the Devs work countless hours, and are in a constant state of perfecting this project, knowing that if you HODL xETH, it will be the last bag of tokens you will ever need to buy. I stand by this statement and my own personal intentions going forward. In the words of Warren Buffet, "“If you don't find a way to make money while you sleep, you will work until you die.” xETH is our solution -

Sounds like bullshit but all his post are full of this Wolf of Wall Street crap

>>23048209
>Sounds like bullshit but all his post are full of this Wolf of Wall Street crap.

He is actually based though, he is holding till 100 million USD worth. He audited the code himself and is confident as fuck, I even asked him to pay for audit company and he said why not LMAO.

>>23048209
Messages like these are unironic sell signals.

>>23048348
Lmao, why? Guy is not even part of the team and is all in xETH.

>>23048367
You really have to ask? I made some nice profits with this but how the fuck can you fall for such a shilling message written by a greedy bagholder trying to convince people to hold? The message has little to no substance :
>The knowledge these people have, and experience to back it up is sensational.
Sure. What can we see to ascertain that fact?
>Furthermore, the ideas being kicked around concerning team tokens, marketing fund allocations, and future burns has integrity written all over it.
I can at least agree on that front seeing as their reimbursed someone who got hacked for free and burned their assets Friday, but once again we cannot be certain as they remain ANONYMOUS, untraceable, and cannot be held accountable.
>The best way I can describe last nights meeting, is to let you all know that xETH investors are literally identical to those investing in Microsoft in 1990. You all have no idea how xETH is sending shockwaves through the crypto world and setting a new standard in DEFI.
"The world is not anymore the way it used to be hmm NO NO NO"
Baseless hype
>knowing that if you HODL xETH, it will be the last bag of tokens you will ever need to buy
Baseless hype, we have to see if this can be sustained more than a month before making such claims.

No matter how much money they have, people remain the same when they're greedy and/or holding bags. Still, this might be enough to motivate and strengthen people's faith in the project since he took the time to write this much.


Also, it seems people are really adamant to maintain the price "low" for the time being. That pump to $11.7 was immediately suppressed back to $10.

This whale guy is a greedy fucker that just wants people to fill his bags. Probably he's teamed up with the devs as well.

>>23048595
>Messages like these are unironic sell signals.
can you fall for such a shilling message written by a greedy bagholder trying to convince people to hold?

Why would it be a sell signal if it's just a shilling message from a greedy bag holder? You're phrasing it as it has no impact or value at all so why would it make you sell? I get where you coming from but there's two takes at what you're saying, right?

>>23048795
And with LP-Staking/marketing coming soon, this probably will give this guy and other whales enough selling power.
As I've said, the cons right now override the pros - but this is usually the case with high reward projects. We'll see how things look by next monday.

>>23048595

>>23048863
Oh my fucking god I am fucking up the fucking replies fucking fuck I am tilted.

>>23048863

Yes. I'm taking out 3x my inititals and see what happens with the rest

>>23048858
>>23048893
You really slipped up there kek
>Why would it be a sell signal if it's just a shilling message from a greedy bag holder? You're phrasing it as it has no impact or value at all so why would it make you sell?

Because of the way it's written - it reminds me of how pajeets desperately try to strengthen people's will to hold a token on TG when things start going down or begin their downturn near the top, and since I'm not well-versed in TA, I mostly rely on sentiment to determine these things. It's the only source of information that we have along with the volume especially for a DeFi project that is not even one month old. Still, it's uncertain and down to luck and as I've said multiple times, I'm not a good market analyst anyway.
Nobody would write this much if it wasn't for personal gain, just like how I made threads for days here shilling the token at least making sure to make the risks clear even if the reach was minimal.

Still, there are things coming along that make me bullish for the short term - so the message might just be an attempt to consolidate everyone's expectations for the brighter future that is to come.

>>23049109

yup with marketing and staking coming into play xeth will skyrocket before popping

>>23049202
>popping
you mean xploding xd haha

>>23047255
>no profits
Yeah fuck that shit always take profit I sold a quarter of my stack the other day and I'm still sitting in top 100. I could tell after the manual rebase bullshit and subsequent dump the trend was dead. Glad I took some out.

>>23049718
The price pumped massively after the manual rebase though, against my expectations. But yes, you did good. I should have taken profits too.

>>23048348
This guy knows. Cmon now, that faggot whale ain't gonna stick around til the end kek
Take his words with a grain of salt and get out while you're ahead; nothing in crypto is guaranteed. This looks good for sure, but its not making people who are buying in now millionaires. Its like the kids who sit there with their compound interest calculators thinking they'll just hold for a year and be a multimillionaire. Bullshit. Manage expectations, leave in profit.
If staking is good ill be milking the fuck out of it but I'm exiting the second things start turning south

>>23049109
>You really slipped up there kek

I apologize.

>>23050718
Apologies accepted. Based