/biz/ - Business & Finance

IT DOESNT HAVE TO PUMP

reeeee why tf isnt this 20xing overnight

>>29164168
I sold to invest elsewhere for quick gains. reef will go somewhere, but it wont be any time soon. I'll buy back in later as we approach anything newsworthy

be glad its not pumping so poor niggers like you can buy it still before getting priced out

>>29164325
What is Danko's interest in "price stability"? Should we be happy that he's literally admitting to manipulating the market to make it dump?

>>29164386
Same. Got out and put that into BNB early on and feeling good about that decision.

>>29164168
Its a "you had 3 years" kind of coin. Not a x100 2 weeks pnd.

I just pulled out but idk what to buy, bnb is fucking everything up

>>29164509
This guy gets it. He intentionally stopped it from being pumped and dumped so it wouldn't effect client release.

>>29164168
I was the guy yesterday that sold 5 million Reef and argued that Denko minted billions of new tokens (+275% circulatin supply) in a span of week.
It has been now 24 hours and I have gone from 205k USD to 340k USD (few hours ago it was 390k USD). BEST. DECISION. EVER.

>>29164663
How would it affect client release? Whatever his intention, his actions caused the price to go on a downward spiral. This shit is headed straight to $0.01.

>>29164770
what did you buybro

i kneel, doubled my money on reef but dumped it already, but the ama yesterday was shit

It's not too late to buy into the superior aggregator. It didn't even need any launchpad shit to get onto Binance

my hands are so weak bros.. 4c is a 2x for me and now it's at 0.38c... I'm gonna wait for one final mini pump and become free...

>>29164168
I capitulated all my coins to BNB 2 days ago.
I'll maybe buy back in in a few weeks.

>>29164770
Link pic of 5 mill sell

>>29164985
0.38* not 0.38c

>>29164883
I bought:
Bake
Cake
Burger

Few minutes ago I made it just Bake and Burger, perhaps retarded decision, but we will see.

>>29165012
Attached.

>>29164985
I sold bro, i dont think its going to pump, if you look at the trend, it broke the meme triangle, and hourly chart indicates dump will continue

>>29165338
yeah i was looking at those coins yesterday but I felt like i'd fomo in

>>29164168
well i told you people ROUTE was better. It then went up 60% and you just ignored me. now it turns out the devs are scammers, and you go complain

ROUTE is still at <3million market cap, so plenty of time left

>>29165338
Thanks, this pic is going to age well

>>29165431
I had the same feeling, but looks like I was perhaps lucky, it paid off.
Denko is a scammer, this coin wont go anywhere. He minted billions of new token, not part of the tokenomics schedule and sold them in the market. Guess who pocketed those millions? Denko.

His excuse is soooo low effort that it is not even funny. "People could get scared with big price jumps, I, the good guy, minted billions of new tokens to meet the increasing demand so I have shielded you away from a rising price. Oh, and it also made me a millionaire, but this is not important anon, yes?"
Do you know what is funny? The price is dumping now but we are not seeing Denko stabilising the price with him buying back the tokens in millions. Nope, that would cost him money, so that is not something he would do and in this case the changing price is good for the holder keeeeeeeeeeek.

>hosts AMA
disappears, /biz never learns

>>29165432
I'm too dumb to understand ROUTE.

>>29164168

>>29165338
I love posting uncle old fag pics, this will be one of them

>>29164168
How many times do I have to tell you dags, it is going to 0.01 then it might be worth buying into

>>29166720
>babyhands
>babyjail

Don't say I didn't warn you
Called it yesterday

>>29167259
It wont. You will rope yourself because Denko will squeeze every bit of fiat left in you.

don't care
not selling

>>29168498
Your going to be like uncle old fag, go check out his thread. Literally saying he's shorting link 3 years later.

>>29168670
Did Sergey ever print billions of new Links so that he can destroy the rising demand? You know, because holders could get scared of the rising price.
Please remind me which coin needed to mint new tokens outside of the scheduled tokenomics to counter the rising demand? Yeah, none. That is bullshit.

>>29164168
I sold this garbage for BRY. So pissed off at myself for holding it for a week

>>29168670

Years ago when I was on biz there was Oldfagbiztard. Then I left. When I came back theres this Uncleoldfag. Are they supposed to be the same person? Oldfagbiztard seemed to be much "cooler" and sophisticated

>>29169508
Its not the same, its just idiot larping with uncle old fag trip at this point.

holy fuck it's unironically over.

>>29169729
Dont worry. Denko will come and stabilise the price by making buy backs of millions of Reef. Suuuure will he do that? If he stabilised the price so that it cant climb too high and fast.

so can someone tell me what the circulating supply of this token is?

>>29170374
400 gorillion

>>29170374
11 Billion. Up from 4 Billion one week ago.

>>29164325
stfu. i made 2x as much off bnb i had lying around bc i didnt know what to put it in yet. this coin is complete and utter shit

>>29164470
Did the same thing. I had 20k. Glad I did. May take some earnings and get back in though.

>>29170374
You want to know? I'll tell you the circulating supply. Okay listen.
It's exactly enough for Denko to take a massive fucking stinky dump on your head for even thinking of buying this with the intention of selling it for a higher price.
If you are not in this for the tech, just for the money then we don't want you. Denko will give us the tech that will save DeFi!

>>29170374
1 trillion current, denko is about to to dump 500 billion more

>>29170452
good, almost at max and then it can't go up anymore

itt whales mad they can't capitalize on reef's popularity on biz and manipulate its price, praise daddy denko. Stay mad.

>>29171456
whales makes us money though by riding their pumps

>>29164168

>>29164168
Stoploss reached. I'm out of this shit. Luckly I bought at 0.022 and got out in the green.

Not looking at this one for a while.

Can I talk to penis

>>29173689
what is this shit

ahahhaahhahahaa retarded paki telegram admin rugpulled

Lmao I bought @ 0.5 and sold at the bottom but I bought BNB so i'm still up

Thank god I got rid of this scam

>>29171456
holy fucking shit you do not get tired of sucking his dick
are you his boyfriend or something?
but I get you, only people who expect their coin to go up during a bull market, when basically everything is up, are whales.
imagine yourself as a 20k reef stacklet who bought at 0.043 because at the time it seemed like an actually good project, relatively low marketcap and it seemed like you were still early. and then you take the red up the ass, day after day.
sad.

>>29164168
Sold my graph at .63 because you fucks said it was dead. IM NOT SELLING MY REEF FUCK YOUUUUUUU

This was a good learning experience coin for me, got in at .022 and sold when it reached ×2, there's no backbone to this project though and its fuel came from hype over buzzwords alone, you can laugh at me once the Q1 platform launches and it's flawlessly brilliant but I just didn't trust it anymore..

the telegram admin IS LITERALLY NAMED KUMAR

>>29169150
Sergey dumps 1.5 million Link every week lol

>>29174383
remember when they said grt token isn't needed for indexing blockchains when it got dumped to 20c? kek yeah I'm not selling either.

>>29174332
Seethe

>>29164168
What happened?

>>29174609
this, when you realize sirgay dumping on village is true and not a meme.

>>29164168
>hypecoin goes down in between actual progress announcements
Imagine my shock. Can't wait for you all to buy back in at the top 6 hours after client launch and then FUD when it "crashes" to $2.

>>29164168
Retarded niggers all those stable alts are dropping because people foming into bnb.
Bnb will drop people will cash out into btc swap back to reef it's a solid project even if it's scam it has good comfy marketing I like the color and the font and the website is nice it's takes time this shit will pump.

>>29175446
Purple and green colors attracts money nothing is random in marketing.

I love the people that claim they "held" for 4 days but couldn't stand it anymore

You didn't hold shit lol you aren't investing you're gambling and have the attention span of a 4 year old

>>29164168
Everytime I see a post like this I buy, simple as that.

>>29175798
Master investor funding an embezzling scam with his own savings, holy shit this crash can't come soon enough you need to go back

>>29164168
reef bros I don't feel so good.

can someone say I'll make it with reef? Doesn't need to be true, just to make me feel better.

>>29177079
no no no sirs please we cant let the number go too high or the village will starve

>>29177079
If you can't handle the volatility go buy an index fund.

>>29177079
you'll only make it if you stop looking all the time

day by day changes are meaningless, what matters is the big picture: either it's a scam and it goes to zero or it's real and multiplies by 100. What happens in one or two days mean nothing, unless you're swinging or speculating

>>29177079
Go read a summary on thinking fast and slow.

KSI NIGGERS ARE LEAVING THIS COIN
HALLELUJAH

>>29164168
The FUD around Reef is extremely strong right now, probably at its peak. On the one hand, it does seem suspicious that he minted tokens under the pretense of "stabilizing" the price, but on the other hand if this was a rugpull I don't see what stopped him from just dumping his bags all at once for a bigger return. Denko is still around and he's apparently announcing more plans and partnerships.

There are still a couple of things that worry me:

1. The fact that he's making more promises about Reef (like becoming a parachain) before the client has even been launched yet.

2. The horrible way the social media for Reef is run. I got banned from the telegram for asking questions by Paki sandnigger hodl_kumar. The extremely fake and scripted way they hold AMAs on telegram. The worst FUD is unironically their entire PR department.

3. We still don't know anyone else from the team besides Denko and we cannot be sure they're even working on anything or if it's all smoke and mirrors.

That being said, if Reef was a scam all along then now would have been the time for them to bail because public opinion on Reef could not be lower and the token is in freefall.

I have 80,000 tokens at an average price of USD $0.023 and though it has been disappointing for me to watch my gains more than double and then start falling, I'm still holding on and hoping for a trend reversal. The way I see it, if Reef announced all those partnerships with all those various other entities and it turned out to be a scam, their reputations are on the line as well for basically giving tacit endorsement to Denko. Or am I wrong on this?

The cope of holders is hilarious. You were saying that this shit would be at least a 10-20x on March, now it's a 3 years hold coin already. What's next?

>>29179157
REEFbro here, i checked out the AMA bc i am legit interested in this project and want it to succeed.

>plans on expanding team
>team members will be anounced
>BsC bondfarming coming soon

do with this info what you wish anon

>>29179307
Only retarded niggers thought this coin was going to $10 or whatever. It could conceivably go to $0.30 or something like that if they at least release a functional platform that people use.

>>29179157
Denko seems pretty dedicated to make a successful project and theyve also partnered with some other cryptos. Someof the shit theyve done is pretty fucking stupid but some of it sounds extremely promising and ambitious, nothing really inbetween. Only time will tell if denko really is a penis or legit.

>>29180283
I mean would you risk exposure to Reef right now, or what would you do? My own exposure, I would say, is quite high. I'm hoping for one last pump to cash out my initial investment. The remainder of the coin, I will keep and see what happens.

>>29179536
$1 is reasonable. $0.30 is bare minimal

>>29180909
>$1 is reasonable
check the total supply man

>>29168161
Zoom out
Stay poor
Seethe more

Pulled out but kept a 10K suicidestack

GL bros

>>29180909
Based on what? The maximum supply, 20 billion tokens at $1 would mean a market cap of $20 billion.

>>29181320
>The maximum supply, 20 billion tokens
Kek we all know they're going to keep printing well past 20 billion

>>29181046
Denko pulls this off it's reaching that and shooting past that.

>>29181320
Look at ada tell me what it currently offers and if a 32b marketcap is justified for that piece of shit coin.

>>29181401
This is just unfounded. And if you wanted to FUD, just the fact that the maximum supply is 20 billion tokens is pretty bad already. At just $0.05 that is a market cap of $1 billion, which is already quite a lot.

>>29181401
it's been audited and it's in the contract, they can't just one day decide the new max is 50b
https://research.binance.com/en/projects/reef-finance

>>29181622
answer me fuck face what does ada offer currently and why is a 32b marketcap justified for a vapourware coin

>>29181725
I don't hold ADA but if they have no product right now then it's also obviously valued based on speculation and is on a shaky foundation.

Look, I'm holding Reef myself and I would rather see number go up than down. Me happy when number go up. Even if Denko delivers nothing, I would be absolutely thrilled to see the price go to $0.50, $1.00, whatever. I have no objections here. Please Denko, give me an ADA.

>>29164168
When will my Reef stack moon again?

>>29182282
It won't. It's been confirmed to be a scamcoin. Get out while you still can

>>29179411
Checked
What else did he say?

>>29180841
Ive got stack of 30k reef and i dont plan on leaving unless he doesnt deliver whats promised. Very tempted to since im seeing everything else move while reef doesnt do much. If he pulls through and if we could go back to the steady growth that was happening before the alt crash, thatd be great, but im just trying to be patient and hope for the best at this point.

>>29183536
Hope = cope

>>29183536
>before the alt crash
What the fuck are you talking about. If you mean that retracement on the 15th, most are in a trading range at worst. SHITPERP especially has gained almost 50% since then.