/biz/ - Business & Finance

>>28792804
I love how no one mentions Waves on this board. This board is too low IQ for Waves.

Packed my bags already. See you boys in outer space.
Also check out their GitHub, they’re insanely active.

>>28793038
>>28792804
Exitscammed.
You disgusting shit skinned troglodytes trying to rip biz of deserve to be executed after a Kleros court hearing.

>>28793196
Lmao okay Jerry, clearly you can’t read.

wtf, pic related...

alright anon where do i dump my lifesavings into this

>>28794440
KuCoin. But I think the point here is not to put your life savings..the point is that this is potentially the equivalent of a GME short squeeze, except when GME was like $10...not sure yet though still looking into this.

bump

>>28794119
>rep
20 dollar stablecoin

>>28795558
I just put $1000 into this and I'm desperately trying to find a reason not to put more... /biz/ is on the verge of figuring out what's going on here, I think.

bump

https://github.com/insolar/observer/branches/active
https://github.com/insolar/mainnet/branches/active

Why would they keep paying employees if they exit scammed? It is clear they are trying to buy their own coins

Imagine a company that invested so much as to hire fucking Kaspersky to report on their technology would exit scam and possibly risk prison for fraud

https://media.kaspersky.com/en/business-security/case-studies/Insolar_Kaspersky_Application_Security_Assessment_case_Study.pdf

Fuck, they have 2x as many commits as Elrond which is #2 on GitHub for crypto.

>XNS 2.5m cap
>Elrond 3b

FUCKKKKKKKM

Imagine a company that bothered to register and OBTAIN patents for their technology with their fucking names everywhere would just disappear out of thin air


http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=3&f=G&l=50&co1=AND&d=PG01&s1=%22Insolar+Technologies%22&s2=Insolar&OS=%22Insolar+Technologies%22+AND+Insolar&RS=%22Insolar+Technologies%22+AND+Insolar

>>28792804
Retarded
The WEF has a ETH killer already picked and it’s HBAR

>>28796405
>>XNS 2.5m cap
I'M COOOOMMMMMINGGGG Even just a $100 mil mk cap and you 40x....

>>28796453
I already have my HBAR bag. Never selling.

Their latest commits were exactly to implement the coin burn

https://github.com/insolar/mainnet/commit/cb4b7f8ab0174eeb3bbfb087ac6055880b239986#diff-873b6e43ddbfcee8410a05b422d9c69b95e974ead21f422beb334f7d3ce92c5b

>>28792804
Still 0 signs of Zenon Network.

>>28796668
>>28796438
>>28796346
>>28796216

That's pretty obvious they are FUDding their own coin in order to re-buy them. If you take a moment to observe the orderbooks in bitmax you will see there are bots there who place orders a millisecond after you have placed yours with a higher/lower price to block you

>>28796668
how is this going to compete against HBAR?

take your meds

>>28796821
Ya that's what I was wondering. But I think right now the play is that the devs are basically suppressing the price in order to buy back and then burn half the supply. Not sure about the long-term fundamentals but there's always money to be made (and lost) when price suppression is involved.

>>28796821
It doesn't have to. The current price is 30 sats. Even if they succeed even the tiiiiiiiiiiiiiiiniest little bit it's possible to make absurd gains out of this

>>28797081
it seems though that HBAR has already been picked by the people who would use something like this

>>28792804
bump


is there actually money to be made or is this shizo shit? From what I've seen so far it cheks out, transferring funds to Kucoin in this very moment.
If this is real, it's biz at its best

>>28797209
This isn't about that right now dude. This is about /biz/ realizing the price manipulation might be artificially suppressing the price of this thing.

What do you think boys, 100k is a sui stack right now?

>>28797411
I bought 200k, thinking about going 1M

>>28797231
I put a grand in as well. Fuck it.
>2.1m cap
>1.2 vol
>#1 on github for crypto commits
>#2 github crypto commits is Elrond valued at 3b
>100m cap xns is $0.75
>1b cap xns is $7.50
>2b cap xns is $15
>4b cap xns is $30

I just can't even right now. The reality of the situation is absolute shitcoins are breaking 1b cap. If this is truly what we're thinking here then we're all gonna be so disgustingly filthy rich. See you fucks in the next dimension.

>>28797678
Alright fuck you I'm going for 100k for sure

>>28797755
Either I lose 2% of my total portfolio or this thing moons and I double my portfolio. Let's fucking do this.

The decision is simple
Go Algo

>>28797924
I'm getting so sweaty right now.

>>28798120
Someone please stop us. Someone please explain to us how we're wrong.

imagine being stupid enough to buy this graph

>>28798356
OP trying to dump his bags on us? Fuck, I can’t think of anything else.

>>28798473
DYOR. That is the chart of a dead coin except this is verifiably NOT a dead coin.

>>28798496
I am OP.

>>28798473
That's not what this is about. Zoom in.
https://www.youtube.com/watch?v=O4omshO-ddo

don't know a thing about this schizo stuff but I can guarantee the project is active and the devs are active. That they don't want to promote it, it's definitely fishy. I have a bag just in case.

How much have they already accumulated. If the burn wallet is in the 400m + range, what effect will this have? The example of the GME short squeeze doesnt really work in this scenario, since there is no instrument shorting this token, they can simply take it on the chin and buy the remaining tokens at a slightly higher price. That is ofcourse if they already have a 400m+ wallet though

Guys, I get it but how do we know they are done suppressing the price before they start buying.
Maybe this could go to 0.005$ just saying

crazy, too bad I only have like $20 on my KuCoin from getting rugged in the past

>>28799180
Too risky to wait for a dip. With this kind of thing you market order immediately and don't risk missing out. Don't put in more than you are able to lose.

what you need to know is this:

Back then this was almost a 300M cap. Now it's 100 times less. It's a no brainer to bet on it when the team is actively developing the project.

>>28799023
Maybe its not the devs who are buying. It could have to do with pic related

https://medium.com/insolar/ins-to-xns-swap-important-questions-answered-521fd321ac8e

this is the weirdest thread I've seen in some time on biz. Got 82k, let's see what happens

>>28792804
>working products not included
kek. I like being a test farm bunny and being paid copious amounts of money while eth killers wait for THEIR TURN

twitter was deleted along with the founders twitters being deleted as well. The CEO left the project to go work on another (soveren).

Everytime I want to buy some op coin. Like this. It isn't on binance. Its time to learn where to buy these kinds of small coins. Anyone can have a good vid or guide or something.

>>28800354
what if a firm is just doing jewish shit with this to crash the IP?

>>28800405
Create a KuCoin account, deposit crypto(*), buy
(*)Use Binance for FIAT ramp if needed

>>28800354
https://twitter.com/insolario

>>28793025
this very much so

I actually posted about xns a couple of weeks ago when it was .005. Main net update in December and talk of increasing adoption among Fortune 500 companies as it’s a hugely scalable public block chain. Believe I was called pahjeet and told to fuck off. Oops.

>>28800757
Ok and where are the founders? Why are their twitters deleted?

>>28800796
Why would such a project be getting delisted from every exchange? It's totally fishy.

>>28801183
If you go to their LinkedIn they still list Insolar as current, even though they also list Soveren as current. The twitters going down could be to add to the fud, avoid harassment, or the NDA excuse. See pic in >>28799694

Okay so I need some background. Was there really an exit or was that the fake FUD? Why would the devs need to buy back the coin in the first place? And lastly, why not implement all this to a fresh coin/start? I’m assuming the last one is because of patents and all already made?

>>28801553
Because they fucked up the coinswap. Binance and others started a pre-stacking campaign that didn't go well. They wanted to please the SEC and realized they would have to release the converted tokens to the previous owners in a 5 year span. They realized the fuck up and tried to change the tokenomics again but everything was already messed up

https://medium.com/insolar/change-to-xns-coinomics-ace8fa53f8ca

Private commits. Guess what I can change "let russianScam = 'scam' to "let RussianScam = 'scam'" and push to repo and boom IM ACTIVE. Pajeets are some of the lowest dirtiiest people in the world. No wonder all they know is how to scam by phone and scam online. You deserve the filth you live in. GITHUB commits means nothing unless you can see the code you smooth brain faggots.

>>28801962
Check the active branches, not just the master
https://github.com/insolar/observer/branches/active
https://github.com/insolar/mainnet/branches/active

I am not going to keep doing your homework for you

>>28800796
Sure , but the WEF is literally going to HBAR
no one has addressed this yet
It seems like this project was tanked for HBAR

>>28792804
I bought this last week, I put in $350 for lols, and I’m up 2x. I aped in after reading 75+ employees under NDA, that’s all I needed to hear.

Can someone go over with me the tokenomics with the upcoming burn, how many are being burned? Why are they being burned? Is there any sort of indicator as to when they’re ready to launch/burn? I’m in their telegram but they all seem to be retards like me who don’t know anything.

where do u store this? metamask?

actually good thread BUMP

>>28802228
I use KuCoin, just send tether to it.

>>28802063
I think it's good that there are potential arguments though. The more invalid arguments against this, as in, if that's really all that could be said, the more I'm convinced it could really be a squeeze.

So as for >>28801565 I'm assuming it's because they fucked up the coinswap and then the fake FUD is the 'exit scam'?

>>28802391
So is this more of a get out when price skyrockets play, or will this shit have a future, when I read squeeze, I interpret that it’s going to fall just as hard.

>>28802538
Check out their site, their medium, the white paper...this isn't a pajeet scam they are a serious project. I don't know about long-term adoption prospects but I suspect that a $2.5 mil market cap is probably wildly undervalued, at least in this market -- ESPECIALLY if they are buying up their own token in order to burn it right now...

>>28801962
>>28802063
Is this fud defense true? Some one else confirm

>>28802538
I should've worded that better. I only meant squeeze as in a hard spike since the price is being suppressed. But after looking into everything they're doing, I think there's definitely some future in it.

>>28802391
>>28802538
Yeah, technically this is not a squeeze at all. Its a potential wave ride. But I am definitely not planning to hold this coin though. Depends on how crazy the market will be at the time.

>>28803180
I don't think it is a long term hold for me either (at least not until I deep dive into the white paper)...for now I'm just reserving my place on the rocket ship. Maybe it blows me up at launch, but maybe not. Again: don't put more in this than you're willing to lose, anons -- but also don't dismiss this as a pajeet scam, I think this might unironically be the real deal and /biz/ is just waking up to it.

>>28802136
>I bought this last week, I put in $350 for lols, and I’m up 2x. I aped in after reading 75+ employees under NDA, that’s all I needed to hear.

source?

>>28803448
Good call. I'd like to read more on that too.

>>28794119
top 2 coins, two scams, Insolar and Elrond lol

>>28803448
>>28803873

>>28804359
why is elrond a scam ?

https://www.altcoinbuzz.io/cryptocurrency-news/finance-and-funding/the-insolar-ins-dilemma/

Don't mind me anons, I'm just dumping DYOR material in here as I come across it.

>>28804434
>>28804780

Anon:
"Delisting from everywhere but Kucoin and Bitmax was just because devs vacuumed other exchanges clean. Look at liquidity at coinmarketcap, devs need to have 500mil to burn and are currently att 400smthng with exchanges holding roughly 200mil. The squeeze is gonna get sqouuuze pretty soon."

The latest commits on GitHub were made by the girl in the pic. The company is still clearly active.

https://github.com/insolar/observer/commits?author=megge-dream

>>28805025
Where is this from?

Also, where are the devs getting all the money to buy back, suppress price, etc.? That’s hedge fund level money needed no?

>>28805380
See:
>>28482903
They have the cash to support 70 full time employees. Right now it seems there is an info blackout because of some NDAs. That's the rumour anyways. Look at their Medium account: they're talking about partnerships with Fortune 500 companies but explicitly admit they can't reveal the identity of these companies...i.e. NDAs...

>>28805341
Im still confused why they "need" to buy back 500 mill coins to burn??

The telegram has 20000 members with 2k active members...

>>28805776
SEC settlement. There was fuck up with the ICO and it looks like the outcome was a settlement with the SEC that requires them to do this token burn. Or something. Still doing my DD. DYOR for sure.

>>28805380
It's probably coming from >>28799694

>>28805704
Good point. The companies involved could even be investing in executing this as part of the longer-term agreement.

>>28805776
I’m guessing because they can’t just burn coins that aren’t in their possession, and don’t want all the coins on a single exchange or whatever exchanges they’re left on. That basically gives that exchange the full power over it, too.

Decent thread:
>>28132057

TL;DR: They swapped to their own chain and changed tickets (INS to XNS) and haven’t been integrated back onto all their old exchanges yet and they have gone dark on the previously super active github since the swap too due to parents pending and/or ndas and are buying back their own coin in order to do a 50% burn.

>>28806443
Thanks for the compilation anon

>>28805884
True, good call on that. Super interesting. I’m excited to see how this plays out.

>>28806908
>>28806443
Yeah, +1. I appreciate it, OP. You’re potentially changing lots of lives today.

>>28806908
NP the more of us dig into this the faster we figure out if this is the real deal. I'm in for $3k right now though, at this point.

>>28807086
Just remember anons: DYOR AND DO NOT PUT IN MORE THAN YOU ARE WILLING TO LOSE. I am not trying to p&d this thing, there are real risks involved with this play.

This is the most obvious buy I've ever seen. Bought in last week due to all this. Buying more today. The shilling has just begun. Seeing it everyday now

>>28807204
Seemed like an obvious pajeet at first but now that I'm looking into it...I'm looking through their white paper now and its a fucking legit project, I can say that. Mk cap $2.5mil...rational explanation for why it is undervalued...rational explanation for why it will moon...I'm starting to get focused, anons...

Just got half a million coins
Pump it to 2$ sirsssss

>>28807572
All we need is a $100mil mk cap for a 40x...

>>28804964
thx, not buying this shit

>>28807871
Why?

How to manage your wallet (integrates with Ledger Nano) -- don't leave this on the exchanges, anons.

>>28808034
https://docs.insolar.io/en/latest/ledger-nano.html

>>28808034

>>28808070

Beware their ledger nano wallet is semi broken

>>28807988
Checked. And because FUD. There's tonnes of FUD surround XNS due to the mismanagement of the ICO. But FUD is where true investment opportunties are to be found. "BUY WHEN THERE'S FUD RUNNING IN THE STREETS", as Rockefeller put it.

>>28808138
How so?

>>28808210
https://www.reddit.com/r/insolar/comments/k9oaig/ledger_wallet_not_working/

It also requires experimental/development mode. I didnt want to test it on mine.

>>28808428
Thanks for the heads up...I'm going to transfer a small amount and test it out. Will report back with results.

>>28808428
Pic related happens for me. And disconnecting/reconnecting doesn't fix it. So just software wallet for now, I guess.

>>28808786
Thanks for sharing, nice to know

I used their web wallet. Not sure if I fully trust it either. Maybe will split things between the wallet, kucoin and bitmax

How does this only have a $3 million marketcap? What the fuck? Can someone explain what happened?

>>28809417
Look at this too, found this in the TG

How the fuck can I buy HBAR in NYC with no binance or bittrex allowing me?

>>28809801
Holy shit anon...Feb 2021...

>>28809866
this thread has nothing to do with HBAR, but wait for ORN protocol

>>28810032
Someone just posted that in TG and they quickly deleted it, spooky shit man.

>>28809801
this is not the same, but a relevant, earlier patent filing on google patents
https://patents.google.com/patent/US20210014046A1/en?assignee=insolar+technologies+GmbH&oq=insolar+technologies+GmbH

this has greater mooning potential than XRP, holy shit

>>28810513

Yeah, if this went to its ATH a couple grand would make you a millionaire, unreal.

>>28810513
I just sold 5k XRP and put it into this.

>>28810125
NDA's, bro.
>tfw you realize maybe you aren't schizo and you're just unironically early

Hope we don't break the company in case they really need to buy it cheap...

>>28809866
This isn’t an HBAR thread you absolute brown skinned pajeet

>>28792804
Can someone explain this to a dumbfag? I get the comparison to GME but what about this coin has the same potential to moon?

>>28811153
That’s a really good point. Hopefully with investors they’d have accounted for that.

1 XNS to withdraw and it was in my wallet by the time I clicked on the window Kek

OP, thank you for making this thread when nobody replied to your last one.
Make sure to make a thread again tomorrow when the markets open, since 75% of /biz/ are normalfags who don't know that crypto markets don't close, and are probably spending time with family or some gay shit today.

Oh, your welcome btw. I shilled this first a few weeks ago. Good isn’t it :)))

>>28812375
You are a hardcore reddit projector. Most of us have never even traded stocks.

>>28804294
Do these exchanges have KYC? I thought Kuckcoin did? Do you need KYC to get your money off?

The 10k was from my swap from the erc-20 which I bought about a year ago. Buying a bit more every pay check. Too bad I’m a poor fag but hopefully not for long.

>>28812417
>Most of us have never even traded stocks.
Neither have I, I don't even browse reddit but you can't deny that redditors have flooded the board after that GME bullshit. They're not going to leave until BTC crashes and they finally lose everything and rope.

God damn it I was looking at this at .005, now it's at over a cent, more than double. FUCK.

>>28812761
You're still early.

>>28812408
Does Kucoin require KYC for Americans? Do I need to make a new account with a VPN?

>>28812761
Yea I missed out on 25k XNS because my buy didn’t fill the other day. That could be huge in the future but oh well. Had to fomo in and take what I could get at 0.8c after I saw a few biz threads. It was a secret but I’m glad it’s gaining deserved traction now.

You guys will hate me for asking but how do I buy? I've set the wallet up. The address isn't on coin gecko and it's not the right one on uniswap. Just want to get lucky with a couple hundred bucks. Thanks

>>28812891
I don't need KYC to deposit and withdraw (up to 5 btc), though I'm using a VPN into canada.

>>28812801
They are but 50% fewer tokens now could be hundreds of thousands of dollars in the future Kek

>>28812951
The consensus seems to be kucoin, which is a solid trading platform anyways.

>>28812951
Kucoin exchange. Uniswap is shit, don’t use that and pay huge fees to trade.

>>28813061
KuCoin is actually great, I only started using them for XNS but exploring their features is incredible.

LEAVE MY SECRET COIN ALONE NIGGERS

>>28813061
Yeah I was surprised how much like binance it is. Seems decent. Dunno if yanks can use it though.

Thought I was a genius for finding this, only to find out everyone else has

Can kunfirm kucoin

>>28813190
It was my secret first >>28812408
I told you :p

Anyone in America use Kucoin?

>>>>>28132057

>>28813284
shut the fuck up i am taking credit for making us all millionaires

>>28813293
I don't think you have to KYC unless you're wanting to withdraw more than 2 BTC worth.

>>28813187
Same here, just switched off of MXC for it.

>>28813428

why are there so many pajeets in the telegram group?

>>28813711
They are everywhere, it’s crypto. It’s not like they are the developers.

>>28813711
cause it's telegram
become a discord tranny.

>>28798473
B-buy the d-dip

I started crypto trading 2 months ago with $2k initial and I’ve already taken that back out
Trying to decide between buying just ~$400 of XNS or going all in with my whole $6000 of gains
Thoughts?

>>28814058
for something like this just put $1-2k in
don't ever go all in on this because it is seriously a fucking gamble that will goto 0 the moment the team ever shows signs of quitting

>>28813955
send discord server

>>28814058
Maybe just buy 1k worth

https://opencorporates.com/companies/ch/1386474

Looks like a name change.

>>28814129
Yea I am going 2k max and could sell other things for more now but I’m happy enough with 100k until I get paid. I can afford to lose it at that price.

Not sure I've seen it mentioned but just to add... Alot of people in the telegram believe that the coin will be listed on Binance rather soon. INS was de-listed due to not meeting Binance criteria. All the changes with the re-brand to XNS now meet the criteria of Binance again... Coin swap of INS from Binance was completed last week, so potentially if their business is going to continue together the listing of XNS could be announced any day

>>28814355
Would that be before or after the burn?

>>28814257
Switzerland... I wonder if this is the CIA? Could explain the 70 permanent staff and why it’s working with a low market cap but high volume.

Every shitcoin needs a second chance... I wonder if our kind hearted faith will be repayed...

>>28815025
It’s not like it dumped for no good reason.

Problem is XNS team seem to be withholding good news until they have accumulated as many of the coins they need for the burn. If they don't get a move on with it we need a good old rebellious movement like with Gamestop. Make XNS buy the required coins off us for more expensive rather than drive us down until we are demoralised and sell. They have millions from the ICO and have already shafted the initial investors. They in many ways deserve to pay a premium for the rest of the coins they require

>>28816767
This sounds scary, like a pump and dump rugpull. I don't want to baghold like GME reddittors are.

>>28816767
>Make XNS buy the required coins off us for more expensive rather than drive us down until we are demoralised and sell.
I’m not selling for under $5 lol

>>28816870
Why do you think this will happen? We may be on hopium here dude.

Honestly I’m in it for the long run anyway. I don’t care how long it takes them to buy the coins back. Leave them too it I say. I am in no rush.

>>28816957
Because it’s a good project... I’m not in it for a quick buck lmao l. You lot can make up some lame GME larp with it if you want but that’s not only retarded and gimmicky it’s also unnecessary. Just have patience.

>>28816767
I don't know if this would work unless we all get so much that they can't buy more than 50% of the total in circulation to burn. That would take a lot of risky buying on our end, and they might just adjust the tokenomics from there (burn a new percentage, adjust something else). But I don't know how much power we do have collectively, and I definitely don't know what would happen if they can't buy things back (if they have to call it quits or get more money from their partner investors). I wonder if we'll have to hope for the moonshot and just bank on the fact that we're super early.

>>28817119
So why not go all in?

>>28817148
Just invest and wait. No need for stupid games to get people to invest. This isn’t a movie and shit takes time yo.
t. Over 35 years old :p

Peter Fedchenkov. Founder. Harvard. This whole thing is weird as fuck and Ive only just started going down the rabbit hole.

>>28817193
Because I don’t need to. The risk reward is fine with my current investment. I may put another thousand or 2 in over the next month or so but that depends how my other investments do.

>>28817384
That’s agent Fedchenkov to you

>>28817418
How long do you think it'll take for them to buy their coins though? And, why wouldn't this go to 100 dollars

Can you guys please stop posting about this, I need to get some money to accumulate a bit more, let this thing rest for a few weeks please.
I beg you. All of you here please. If it's good it's gonna get traction on its own later.

>>28817509
Dunno and I’ve not even investigated the buying/burning stuff, that’s OP and others doing. I was investing before that was even a thing. I don’t even care if it dumps to under 10 sats again as I’ll definitely buy more then lol.

>>28817653
Why do you have so much faith in it? What does it do that's so great
https://soundcloud.com/crypto101podcast/ep-277-insolar-the-blockchain-for-every-business

>>28817515
Yeah true. I lost out on 25k because of a thread the other day. I’ve bought my position now but I’ve got no need to shill it either. I won’t be making any threads about it I can promise you that.

This is the burn wallet address with 402.5m in at the moment. Sure they have plenty in other accounts just keeping full amount hidden for now.

insolar:1A24vUp1dJZH28_zEraRxrYBin8jVHVOWJxPU7gSwUe0

>>28817764
I'd buy rn but my portfolio is still down a bit from today's fall and I've told myself never to sell stuff I want to long term hold at a loss, so I really don't want to sell off shit right now. Hopefully gonna be able to buy in a few days tops.

>>28817749
The github contributions mainly if I’m honest, they are what lured me in last year. It’s large team, working and fast network, and liquidity at such a low market cap is a bonus. The project itself is needed and they seem to have the right connections to get the right people using it. I still don’t know technically what LINK or RLC do btw but I bought and held those too Kek.

>>28818043
bruh.... when did you buy link

>>28818013
Yea that’s what stopped me buying another 100k (pajeet lol) when I saw this thread desu but the fomo has passed now and I’m happy to see what happens.

>>28818096
November 2017 (sept really after sibos but my Blockfolio has November)

>>28818255
Did you not have much money or was it a suicide stack

>>28818096
I did buy RLC in 2017 too at about 25c but sold it in 2018/19(?). Bought some new bags in October and it’s my main asset now. I do like XNS and NOIA though.

>>28818397
why rlc now?

>>28818316
Honestly I had 15k at one point and I was/am a poor fag. I shipped it for years but had to sell to live in 2019. I only had 2000 left when it mooned, F.

>>28808428
>>28808786
>>28808138
>>28808070
Also pic related

>>28818589
>>28808138
holy shit what, i was about to move to ledger

>>28818451
This https://www.iiconsortium.org/members.htm among other things. It’s solid by the looks of it. Being on basically only binance has caused it to be manipulated price wise though. It should get more listings soon as they have applied for sec approval legally in America. It was just listen on the biggest Korean exchange and they have the french ‘sec’ equivalents approval already. It might take a year + fir all I know to see a moonshot but I’m pretty sure it’s a sure thing long term. Until that happens I’ll see what I can do with the rest of my portfolio and try to buy more RLC long term I think.

>>28818854
are you just leaving your xns on kucoin

Again I dont see how this could drive up the price much higher, If the burner wallet already has 402 million coins and they need 500 million, they can take it on the chin and buy the rest at the increased price. Theres no instrument to short XNS so the GME comparison doesnt really work.

Youre all buying the (now) top of a completely abandoned chain. Yes, they do still employ a shitload of people, and they're all working on a different project because they fucked up the token xfer.

>>28798922
He has a more recent video https://www.youtube.com/watch?v=trAi-P48If0

>>28819092
Nah, put it in their online wallet. I had some in it akready from the old token swap so I thought I might as well. It seriously only took 1-2 seconds to transfer for 1 XNS lol. this will be great to swap crypto between exchanges if it gets listed on more. Less annoying than XLM :)

>>28819092
>>28818773
Make a wallet here: https://wallet.insolar.io/
Make sure you know what you're doing with the wallet key file. Encrypt it, etc. Don't fuck this up or you'll brick your coins.

>>28819145
It’s just a gimmick, a waste of time if you ask me. Might as well buy and hold them see what the team does and for new exchange listings.

>>28819634
can i just save it on a notepad file on my desktop

>>28819717
Yes just make sure you name the file "CRYPTO WALLET SEED PASSWORD PRIVAYE KEYS"

>>28819658
This. At 2.5ml market cap XNS could be radically undervalued just on fundamentals alone.

Looked at LinkedIN and by the looks of it the top honchos and most of their employees have moved off to another project called Soveren. This is probably the reason why they still have a lot of employees. Is this likely dead for now? I think so....

>>28819293
Pretty sure that last pump was because the supply of coins changed with the swap and people were supposed to have them locked for 5 years. I know mine were worth 200x more than they are now at one point as I had to delete them from my Blockfolio. Once they unlocked everyone’s coins it dumped. Dunno what happened with the staking, don’t really care lol.

>>28819779
Literally what mine is called on my USB :)

I will put 50K in this project right fucking now with a screenshot if someone can explain to me how us buying right now could possibly drive the market cap up any significant amount. This is not a short squeeze scenario

>>28820074
It's not about driving the market cap up with our buy orders. Its about the market cap being artificially suppressed right now by XNS buying up their own supply. As soon as they are done buying up 500mil they will stop buying and burn the 500 mil. Get what I'm saying here? There is a massive price suppression effect right now that is immediately going and the instant they stop buying all that pressure on the price is alleviated at the exactly the moment that half the tokens are burned...

>>28819927
It’s a name change
>>28814257

>>28820283
How much is it alleviated? To double the price? So 2 cents?

>>28820283
Yeah this. It’s worth a gamble if nothing else.

>>28820387
XNS is like 3 mil market cap right now. In a market like this XNS could be 100mil on speculation alone. But if XNS is indeed a legit platform that is about to announce major partnerships the moment that token burn occurs then the sky is the limit...

>>28820283
So XNS is buying, and their buys are suppressing the price down? What?

>>28820387
Whatever people will pay for it. I think it needs re-listing on binance and things too for a return to its ATH but the team seem to have a decent project that is undervalued due to all the issues surrounding the swap and new chain.

>>28820524
+1B market cap incominggggggg
2$ per token on the horizon

>>28820580
Have we actually found the next LINK?

>>28820580
What was its ATH?

NEW THREAD:
>>28820786
>>28820786
>>28820786
KEEP THIS ALIVE! KEEP DIGGING!

>>28820283
>>28820387
>>28820423
Im sure what you mean to say is that the silence of the dev team coupled with the fact that no exchange really has this except kucoin is whats keeping the price down currently then I would argue its gonna be a long climb back up to a sizable market cap. From what ive read alot of people got burned with the shit they pulled before the dumb from $1.3, its not like theyre going to come out as say hey look at this patent and everything else is forgotten

Scam

>>28820699
Just over a dollar at launch homie xx

>>28820927
so like why is this guy wrong>>28820887

>>28820887
>summery

>>28820695
Ha this is more like antshares imo
>>28820699
Like $1.10 I think? The old ERC-20 was in the top 100 coins or top 50 for a while I think. The supply has changed since that and it’s no longer erc-20.

Looks like they fucked over the ICO investors big time a few years back.

>>28820887
that shit is community posted by some retard pajeet dont even paste that sub simian int website kek

>>28821069
>Ha this is more like antshares imo
So like $80 EOY?

>>28820986
That screen cap just points out that XNS fucked up their ICO and it crashed the price...but yet the actual tech and development never ceased and they continued to make partnerships and clients. Apparently they settled with the SEC and part of the deal is that they burn half the total supply. That screencap claims that this is a dead token, but if it is why are they filing patents as early as DAYS ago and why are they announcing that they have major new clients, Fortune 500 -- but can't name them due to NDA's?

>>28821182
How do you even bounce back from something like that. How tf did they make these partnerships with that kind of history

>>28821182
Look at the LINKEDIN of the founders, they've started another company recently and I'd like to think the patent filed by them is not for this token.

>>28820841
I don’t get why they were burned. Supply increased x10 and the coins were supposed to be released slowly over 5 years so the price remained about $1.10. People might think they got burnt by not selling the coins released for that price but I got 10,000 coins for my 1000 INS ERC-20 tokens don’t it was already overvalued at a dollar really. When they randomly decided to forget the 5 year wait to unlock (after people complained) then binance delisted (Because of the swap) the price crashed but what did the holders expect to happen, they asked for it to be unlocked. I just bought more Kek. It may have an increased supply now but that it is no longer ERC-20 and it’s burning half the supply makes me think it can hit $1 again and more eventually. Old bag holders are just moaning for no reason.

>>28821153
Lol you never know

>>28821322
I don't know but they are filing patents in Insolar's name: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=3&f=G&l=50&co1=AND&d=PG01&s1=%22Insolar+Technologies%22&s2=Insolar&OS=%22Insolar+Technologies%22+AND+Insolar&RS=%22Insolar+Technologies%22+AND+Insolar

>>28821182
Yeah but did they scam all their investors? That's a red flag.>>28821074

>>28821322
>>28821182
That wasn’t the ICO, it was the token swap price. >>28821493
People were selling at the ERC-20 price (I think it actually got to $7+ when it was anerc-20) despite the supply going x10.
Also, Why the fuck would fortune-500 companies give a shit about some crypto investors getting butthurt when it’s a working product they want.

>>28821596
6+8 are scams though?

>>28821490
Its a name change lad, WAGMI. XNS gains will be unlike anything youve ever seen if you get in sub-2c

>>28821687
Credibility is everything. Why would I want to get associated with a company that mishandled investors money? I'd look somewhere else.

>>28821623
Nope they didn’t, the holders just got butthurt about the lock and so they unlocked everything tanking the price and it got delisted from all the old etc-20 exchanges in the process. More of a fuck up than a scam. Shit happens and it’s not them who sold, it’s the old holders of the erc-20.

>>28821734
Yes. People like getting scammed.

>>28821735

It's not a namechange. Did you not even look at the description of their new project? Nothing to do with this.

>>28821734
>>28821966
Reef is a scam? Why? I was gonna throw like 500 bucks in.

>>28822053
No working product. Fucked up a simple staking demo last week. Released coins does not match up with the tokenomics release periods. Basically, it's a get some value in the coin now, slowly take profits, release a half arsed product, blame shit product for price tanking, but already took profits so dgaf, everyone left bag holding. How it's $100m+ mcap without a product is beyond me. LTO has a similar mcap and is actually profitable and has been rolled out across a number of businesses. People buy the news not the product and complain they get rugpulled.

>>28822226
I think they hired some Russian chick from fiver to be in their promotional video too or was that rubic? Lol.

> ALGO is on the chart
Algorand is nice

And that Microsoft logo is not a partnership but rather basically Microsoft and Oracle providing assistance to Insolar to ensure that their blockchains can be deployed on Azure etc, not the othew way around where MS is the beneficiary. I would tread this one carefully anons.

>>28821892
>investors
Crypto neets aren’t investors and fortune-500’s are run by sociopaths anyway

Last post from me. Good luck anons whatever you do. But I'm out.

>>28822548
>tread this one carefully
Not sure that’s the phrase but yeah we are, we said only a thousand bucks max as a gamble towards the top of the thread and only if you can afford to lose it.

>>28822548
>I would tread this one carefully anons.
Its a 2m mcap bro. Lol

>>28822607
Already covered that. They got butthurt about the lock and demanded they unlocked them. The price tanked when they did and they got butthurt again. I know because I was one only the people who locked up, I just bought more when it ranked lol. Main net is running fine too.

>>28822705
There are better 2m mcaps with an already working product just off the top of my head.

>>28822705
Ex-ERC-20 INS holder maybe who is still pissed they lost 90% of their old tokens value /shrugs. I’m well into profit now even including that lost value by buying 10x what I had (that they dumped) low. My average buy is now 15 sats lol.

>>28822823
Such as?

>>28822823
Like wut

>>28822793
Butthurt is the least of my worries. The fact that they completely mismanaged a simple process makes me think, would a Fortune 500 company trust a bunch of losers who can't even organise a piss up in a brewery?

>>28822823
>Last post from me
Credibility is everything, anon. No lying now ;)

I put 2k at 0.0067 but chikened out because of the scam stuff, it doubled two days after , missed a x2

if it ever go back to 0.0020/40 is a easy x2 imho

>>28823127
I'm an anon, not a Fortune 500 company.

>>28823076
Facebook keep having data breeches and it doesn’t matter /shrugs. If they can create value for a corporation and save them money then they won’t care. The finish line is all that matters, not how you get there. This isn’t a job interview with character references lol. I don’t even think they messed up that badly and the community was pushing them into bad decisions. Not that any of us know what happened behind the scenes. It’s worth a long shot imo.

>>28823315
That’s good that you aren’t a soulless monster but you would be insolar in this scenario.

NEW THREAD:
>>28820786
>>28820786
>>28820786

>>28823352
do you use facebook? because if you do you are a degenerate

>>28823683
Nah not since the MySpace era and I checked it out. Load of shit tbqhfamalam.

>>28823831
good

Alright I pulled my funds out of XNS. There is just way too much shady shit going on here.

https://old.reddit.com/r/algorand/comments/lkoanw/three_reasons_why_i_believe_algo_is_going_to_be_a/