/biz/ - Business & Finance

>>29387366
Yes. It has no, nor does it. You have to be a complete retard to invest in it. The devs have openly stated, and don't get me started on. Not to mention the tokenomics. Dead cat bounce, shill, other trigger words.

I wait the pump

it was pumping before dip

>>29387366
How many times do I have to say it? 4 cent stablecoin until client launch.

>>29387708
when does it launch?

>>29387366
Everything is fine
>BUY REEF!

>>29387366
>buys a shitcoin which creator literally went offline during AMA
>wonders why it is dumping
/biz

>>29388054
Supposedly march probably maybe

>>29387366
Reef finance business plan
https://www.youtube.com/watch?v=G7RgN9ijwE4

>>29388192
Who makes these fud images?

>>29388192
So this is the power of India

>>29387670
This, timing fucking sucks. Looking a lot better than many others atm though

>>29391729
People are expecting too much from something that hasn’t launched in earnest yet. I bought under 2 cents so I’m still plenty up. If he shits the bed on the platform I’ll be moving my money elsewhere but anyone who isn’t a fomo-swingie retard shouldn’t be panicking yet

>>29391690
No bro this is the power of India
>Kumar
>Can't make this shit up

>>29392077
This.

Just like literally any other coin, retards who FOMO'd in during the recent pump got burned hard and are now salty bagholders because they didn't get their overnight 10x/100x like they wanted.

People who bought around 2 cents when it first started getting shilled here are still sitting on comfy profit and are either waiting for product launch to sell or are holding longterm.

wait until tron moons. It will pull reef up with it all the way to the moon.

>>29391729
Outclassed by a literal couch and whiteboard boomer cult
>BUY REEF

I will leave this year and take your conclusions. For those who understand TA. Been trading this wedge, btw its a bullish wedge and I'm not trading it anymore since it is about to breakout upwards

>>>29391729
>*bzzzz*
>yes?
>it's pumping?
>activate BTC Flash Crash

>>29392745
>trying this hard to be funny
This is motherfucking happytreefriends faggots not my little pony, you will get fucked and broken and walk through glass because you are children playing games with the most fucked up people on the planet
Make another Denko shrine
>faggots

>>29387366
This shitcoin pumped during the dip and is now going down again. The absolute state!

>>29392276
So my understanding is that by the end of February they'll be updating the roadmap to include the parachain auction. There is also apparently supposed to be a buyback/token burn after the parachain auction.

I don't want to be one of the retards who just assume it's a scam because it dipped but can someone here explain to me exactly why they needed to mint more tokens? From Denko's announcement it sounded like the bot depleted their reserves but I don't understand how minting more tokens will help. The big sell and buy orders (the "sell wall") are still taking place. Doesn't adding more reserves just help the bot accumulate more?

>>29392948
Lets wait and see. I am not a pajeet fagg like you who opens a trade and prays for the best I actually don't give a fuck since I trade with stops and Risk to reward scenarios if I get stopped I will get stopped in profit since I bought at 0.019. So nice try fagg. And lets see what happens don't come crying later when you see REEF explode to at least 0.065. Whales trade the graph not your senseless FUD

>>29393184
You are braindead
Ride it back to .019 and down
>being this stupid
>mush stoplosses in crypto
>get fucked

>>29393489
Why would you even take time to come to a thread and FUD I always wondered. So strange..

>>29393135
I'm not even going to answer your question, and instead ask you why this coin would be a scam when it has an entire team of people working on it, who are all doxed, and have buddied up with Binance which means at least to a certain degree they have been vetted by a major exchange that believes in their vision.

Did Denko manage the bot situation retardedly? Yes of course he did. Does that mean this is an exit scam? No. It makes zero sense why this guy who is clearly invested enough in his project to hire an entire team to work on it and go to major events would just suddenly decide to exit scam in the stupidest way possible.

Use Occam's razor. Think about all the salty bagholders who got burned and want this project to crash and burn with no survivors. And ask yourself again why scam fud has been spammed in REEF threads non-stop sense the initial pump.

>>29393569
>>29393620
>Obvious damage control is obvious
>BUY REEF

>>29393727
>7 posts by this ID

>>29393793
>Denko's boyfriend
Deepthroat some more

>>29393863
>8 posts by this ID

>>29387366
You guys who buy everyshitcoin out there always seem to expect a moonshot overnight.

Patience is required.

The project needs to make some progress and show investors that its not just going to promise big things and then rugpull.

Honestly you should be glad its not mooning and gives time for accumulation.

>>29394130
At least you can count
What's the circulating supply?
>So we basically um like bad actors
What's the real circulating supply?
>Reef is basically a stable coin we minted 7 billion tokens without announcement to keep the price stable
What's the real circulating supply 11 Billion?
>So basically we

>>29387588
Checked and kekd

>>29388337
>doesn't know the difference between which and whose

>>29394427
Epic troll my friend

This is the biggest test of patience and faith in crypto yet. There was LINK, FTM, and now REEF. BELIEVE!

This is like holding dog shit with my bare hands

one last denko dump sirs

FUD...
it's in the Reef

I just saw 3 redditors accounts who shilled CAKE and BAKE when they were a penny coin, and now they are shilling reef, i feel really condifent about this shitcoin, too bad i only have 1k