[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 92 KB, 250x250, 1611103309794.png [View same] [iqdb] [saucenao] [google]
30335918 No.30335918 [Reply] [Original]

Hey anons I was reviewing rubic wallet holders and noticed the uniswap contract is approaching the all time lows again in terms of the amount of rubic is holds. It has gone from 43 million rbc down to 7.3 million in the past 1.5 months. I've been in rubic since around 1 cent and noticed the drastic changes to the top 50 wallets. There is only a single wallet with over 1.5 million rbc in it (currently the #3 wallet) outside of the dev wallet and UNI contract. At the beginning, a wallet of 1.5 million wouldn't have even put you in the top 15-20 wallets. This is telling me that the supply is becoming much more evenly distributed as more wallets join the project (now over 6500, up from ~400 at the beginning of January). I know this is basic information to some of you, but there will be newfags on here learning this for the first time most likely when they read this. This means that it is extremely bullish for the long-term price of rubic and that it's in a perfect position going into a CEX listing. There are less whales who can move the price now and I suspect that come April when the listing most likely will happen, there will be 3-5 less whales. Top 50 wallets have pretty much consolidated and only a couple of them have sold rubic in the past two weeks. I wanted to also mention that the rubic team has stated that they will perform buy backs as needed to help with liquidity. If there's only 7 million tokens left on the Uniswap contract, can biz collectively buy out the contract and force the team to buy back rubic and send the price sky high before even the cex listing? I've seen biz do much more accomplished feats than this in the past and I was just genuinely wondering if this could, in theory, bankrupt the rubic team. If you're sick of seeing rubic posts like this, do the needful to buy out the contract. It's almost over.

>> No.30335961

Trust the plan Rubic bros
Time will show us the way

>> No.30335967

>wall
wtf i love this scam now

>> No.30336003
File: 979 KB, 1122x662, EA1C95D9-0E27-4F46-939C-E8876B1B1E37.png [View same] [iqdb] [saucenao] [google]
30336003

Do the needful

>> No.30336038
File: 488 KB, 728x728, 1613342663887.png [View same] [iqdb] [saucenao] [google]
30336038

>>30335918
>7 million tokens left on the Uniswap contract, can biz collectively buy out the contract and force the team to buy back rubic and send the price sky high before even the cex listing? I've seen biz do much more accomplished feats than this in the past and I was just genuinely wondering if this could, in theory, bankrupt the rubic team.
you lost me here bud

>> No.30336059

>>30335918
Thanks just maxed out my credit card

>> No.30336136

the weekly report from yesterday was pretty sad to look at though

>> No.30336212
File: 150 KB, 1080x1376, Screenshot_20210306-114123__01.jpg [View same] [iqdb] [saucenao] [google]
30336212

Binance has disabled transactions from BSC to ETH network on their bridge.
Rubic is working nicely.
My Rubic stays in
Rubic $200 eoy

>> No.30336251
File: 69 KB, 518x1280, 1610896438358.jpg [View same] [iqdb] [saucenao] [google]
30336251

>>30336038
If the uniswap contract runs dry... Nobody can trade rubic anymore. This would force the rubic team to use their own rubic from dev funds which would (I think) do two things. The first thing being it makes the price go up. The second thing is that it would make them lose their funds essentially because projects usually sell off their own token to fund the project. They also usually hold a decent amount of ETH as well going into it. Basically, you're forcing them to spend money even though their project is gaining in price, it makes them have almost no liquidity while doing it which could fuck them over. This would also make it so that a rug isn't possible because they would no longer own any supply other than frozen tokens which they can't use. The contract they created unironically won't allow them to do so.

Also - anyone smarter than me able to update pic related? It was one of the original rubic lists which I don't think really applies anymore.

>> No.30336365

>>30336212
bullish

>> No.30336395

>>30336251
>essentially because projects usually sell off their own token to fund the project.
Vlad said in the first AMA that they have enough money/investments to not touch their tokens for 2 years

>> No.30336492
File: 9 KB, 250x250, 1614790595561.jpg [View same] [iqdb] [saucenao] [google]
30336492

>>30336395
This is even more bullish then if biz soaked up the uniswap contract and forced the team to buy back at a higher rate more consistently then. This would unironically send rubic to $2 - $5 PRE-CEX listing. This is basically what happened when LINK was going dry on exchanges last year and the exchanges had to allocate some of their funds to buy back link higher sending it through the roof so Jason Parser could collect cheeseburgers.

>> No.30337697
File: 451 KB, 1080x1514, 1614930144949.jpg [View same] [iqdb] [saucenao] [google]
30337697

Bullish. Rubics staying cubic.

>> No.30337799
File: 15 KB, 554x554, 4754492E-EEBF-4026-B7D5-0E10D1153B66.jpg [View same] [iqdb] [saucenao] [google]
30337799

>>30336492
wagmi

>> No.30337860

>>30335918
when supply runs out, token pumps higher, its like if it has less liquidity, a big buy moves the price up a lot

>> No.30338293
File: 1.34 MB, 1920x1080, hjkhjvkjh.png [View same] [iqdb] [saucenao] [google]
30338293

comfiest hold of the year

>> No.30338329

>>30336492

if some pants shitting retards try to pump the price and "force" the team to spend all their money to buy back their own tokens, they'd probably rather just abandon the project or tell you to fuck off. also if you just try trading ETH for all the RBC on uniswap the price will increase on its own. so basically i think you're a dumbass.

>> No.30338476
File: 64 KB, 1024x798, apu suicide.jpg [View same] [iqdb] [saucenao] [google]
30338476

>>30335918
>bankrupt the rubic team
why would you want that