/biz/ - Business & Finance

>Play-and-Earn game that is actually fun to play
>Gleam campaign where ppl can win up to $1000!
>Giveaways and presale events soon

just sold all my prq

>>49265398
Thanks just bought 100k

>>49265502
Thanks for the exit liquidity just bought this

https://www.tiktok.com/@iqprotocol/video/7103255798565899525?is_copy_url=1&is_from_webapp=v1
>I'm not driving nothing that I gotta stick the keys in
what did parsiq mean by this

>>49264956
>How is this not perfect?
Once it's tradable on a dex like kaddex (the best exchange) it's going below 0.60

>>49265623
What is actually wrong with the Parsiq marketing team?
>Casino ads
>Hard Rock Cafe
>Parsiq/IQ
The kind of people that go to car shows like this will never be able to afford any of those cars, advertising on events like that is scraping the bottom of the barrel.

>>49265655
That is fine. We just need to dump above sixty cent before Kaddex launches in 2025.

>people who didn't buy at 0.37 are buying at 0.63

>>49264956
This screams scam

>>49266352
How? Their investors gave them money for a 180 million valuation and now they are guaranteeing that price. This happens with boomer stocks all the time.

>>49266616
Crypto isn't supposed to be stocks, crypto's whole thing is to not be stocks.

xcm staking is a scam

>>49266616
Crypto isnt stocks. A big price driver for XCM is supposed to be burning. But burning mechanisms are usually bad for late investors. They just increase the % bags the early investors got. Not increasing the price floor just cements these facts and keeps xcm in the hands of a few.

>>49266730
>Not increasing the price floor just cements
i meant increasing it

>>49266646
>crypto isn't supposed to be stocks
Maybe your ideal crypto doesn't but tokenisation is a perfectly valid use case for crypto and if one use of tokenisation is a token backed by a centralised exchange why shouldn't the exchange be free to support the price of their token by leveragingtheir reputation on it? If the token holders don't like it they can sell all of their tokens and boycott the exchange.

>>49266352
>>49266658
Yes, it was a scam all along.
Do you think we have to pay for our karma sisters..... I mean all our lies, shilling and deceit.... Kevin Murcko from Coinmetro tricked us sisters....

..what will be our karma.....

>>49266870
5'5 Thai "man"

>>49266838
Why should anyone buy xcm right now, when they can buy KDA for cheap.

>>49266932

>>49266932
Why should anyone buy BTC right now when they can buy DOGE for cheap.

Buy whichever one you prefer nigger.

>>49265963
people who didn't buy at 300% over floor price are buying at 3% over floor price

>>49266959
so you have nothing? thanks.

>>49267411
Now just ask the 150 other threads on 4channel /biz/ why you should buy their coin instead of KDA and you will have a clear picture of what coins are a better buy than KDA.

>>49264956
WAGMI

>>49267448
im only buying chainlink, KDA, and silver
along with the rare purchase of GNS and d0b0
i an gonna make it

>>49265655
d-dont want to be mean b-but
>dilute own investors to feed arbitrage bots

>>49268941
I don't get it

>>49268957

>>49267448
>>49268807
>Hmm there are a lot of KDA posts on biz, maybe it's worth something? Let me check the chart....
>EWWWWW YUCK! SHEEEEEEEEEESH BLARRRRRRRRRRRGH
Holy shit anon tell me you haven't been holding this bag of piss all the way down lamo

>>49269106
I want to fucking destroy you busy
>>49269235
I have, alllll the way up and down again, AMA. (literally anything)

bussy

>>49269270
>AMA. (literally anything)
What age are you and when did you buy your first crypto?

>>49269737
You don't ask a woman her age, in 2017

>>49269787
Define woman

on that note, do you really not ask a woman her age or is that a meme?
I would like to know the age of some women, and or women I'm newly meeting, If I didn't hear that phrase before I would have gone full autist.
>>49269969
>>49269106
>>49267448
>>49265963
>>49266928

I just put my whole paycheck in because it can't get lower than .60 am i smart?

>>49270206
It is rude to lead girls on. So only ask girls you are really interested in their age. I like to ask them their weight too as they love talking about that.

>>49270680
I feel like this is bait but I realized it later than I should have

>>49268807
Do you mean GNMS aka digital chicken shares aka ignium shares?

>>49270206
A long, long time ago, there used to be chivalry, a zoomer like you probably wouldn't understand.
Currently it's nothing more than a good Scrabble word, if you know what Scrabble is.
Basically, just b urself.

>>49270734
A real answer is don't ask women who appear to be over 30 their age.

>>49270953
Ok but it's fine with younger women?

>>49270958
Everyone else does it. The overthinking it is the bigger sign of autism.

>>49271011
Yeah I'm not autistic or anything haha

>>49269787
heyy, I also bought crypto for the first time in 2017 and I also held KDA all the way up and down. Nice to meet you

>>49271262
Wanna make out??

Ignium finally added a login button and fixed the spelling errors on their site.

>>49271134
Make sure to check her drivers licence. All women lie about their age.

>>49272126

>>49264956
>tfw I wasn't around for the price floor raise the last 2 times
was there this much autism about it back then too?

>>49273808
uh, this pic is basically the extent of what happened last time.
2 posts in excitement and that was that.

>>49273841
lame

>>49273916
price did a 6x
this time maybe 2x at best

>Ignium will no longer serve medium sized companies and focus on micro and small companies.
It's over Igniumsisters.

>>49271957
igniumequityholdingsisters... we're gonna break even

Ignium is targeting what was proven to work. Nothing will stop them to scale to medium sized companies after they sort themselves out.

CM bros
Is there any news on encrypgen? I havent watched any amas for a long time

>>49278766
Last AMA Kevin said he's trying to talk to David to set up staking on Coinmetro, but they still couldn't get a date. They had one but then the Luna stuff happened. He also said DNA isn't a top priority for Coinmetro.

>>49278766
if no data/money starts moving by Q2 next year it's ogre

>>49264956
hello sir I just wanted to let you know that I found that image of yours to be cute so I downloaded it, thanks

>>49279900
aaaaaaa

>>49278766
It's dead.

>>49279929

>>49280341
noo make it say voice message!!

>>49273841
>>49273942

Were people suddenly willing to buy 6x of what it was previously or was the buy book empty?
This move is pretty unheard of in crypto and I don't know what to make of it.

>>49264956
NEET here
what can guarantee me the most short term returns
Last time KDA mooned I sold'd half my stacc @ $18 and secured a 50k xcm stacc which is semi comfi but it isn't /makeit/ status
I hav about 5k in fiat but my end game would be at least 100k xcm, some more bonds, 2k Link (only 100 rn shit price action), and 1 BTC. I have a few monero in a wallet as well
Kevin seems to be so bullish on kda and that we're going to enter a sort of protocol war. We haven't seen any alt season yet this 'cycle' either
KDA / PRQ 80/20 investment does seem to be the best play this year

>>49280604
People loved it, cm was just telling people that xcm should be worth X, and cm was right.
Fundamentally there was no reason why it should be at 3cents but people were too retarded to buy.

I just assume this will change over time so that the price of the token actually reflects the fundamentals of the company. The way this will happen is if a lot of people start hearing about/using cm. With burning and lots of hype about an exchange that isn't a scam for a change I don't see why we should be below €20
>>49280719
Everything we talk about is long term solely due to the fact that we are too retarded to predit short term movements

>>49278766
As mentioned staking is incoming on CM.
But that's just peanuts.

Both Indy labs have gone online doing 10k each WGS per year, all will be uploaded to the Genechain, which only had 700 datasets up until now, which where not even WGS.
They have 100k+ African samples to sequence, resulting in data far more valuable, just limited by sequence capacity.
As funding increases they intend to increase Illumina machines to increase capacity up by 10k/y per machine.

Indy won the Johnson & Johnson Innovation Veterans Lead QuickFire Challenge, will use those funds to overhaul current Genechain to 2.0

Current mcap is $~2M.

Any serious interest from data buyers, for example 20k datasets at $1 average would pump current CM (as their sole fiat gateway) price to $.10 (+300%)

The token is a no brainer.

>>49280826
Explain to me why indy needs the genechain or their shitty marketplace, are they actually using it or did they buy encrypgen by mistake, have they ever talked about what they want to do with the crypto side of the company

>>49280768
>Company tells their users what their tokens price SHOULD be
>People disagree and don't buy
>Company forces them to buy at said price
Isn't it off-putting to you?
Also, I see that the floor raise to 3c was done just before the bull market began in earnest, so I don't know if we can draw parallels, actually.
I was hoping to buy in the 0.2 range when the bear market continues and alts bleed even more, and am skeptical about this whole ordeal. Would people suddenly decide "yeah, 0.6 is a good price" when the market is bleeding?
Doesn't Risk Free longs @0.6 not sound too good to be true? Nothing in life is risk free

>>49280857
They need it as concept.
It allows for anonymous data sharing and profit delegation, the crypto part.
Yusuf is working with debit companies which would handle cards to enable the spending of the funds received by the local populace.

All through CM.

Anonymous data goes in > traded for DNA token > token sold on CM for fiat > sent to debit card.

>>49280826
you mean tht or xcm is a no brainer

>>49280929
>>People disagree and don't buy
historically incorrect
>sn't it off-putting to you?
oh yeah it absolutely is, but that's just because I care about le free market and enjoy buying cheap.
I shouldn't be able to buy kda below €10 for example, it's utterly maddening, yet here we are.

>>49281001
>tht
i meant dna

>>49281001
DNA, you froot loop
>>49280970
I'd like to hear them say it, otherwise agree

>>49281023
I meant DNA.
I hold XCM but not sure what to make of the pricefloor.

>>49281012
the kda example was lacking context.
It's a good thing that you are/were able to buy xcm below €1 and it's a good thing that you can buy kda below €10, that you now can't anymore is bad.

>>49281039
Just ask em in the AMA thing, or post the question on their TG. Think next one is tomorrow.

>>49280929
>Doesn't Risk Free longs @0.6 not sound too good to be true? Nothing in life is risk free
>open long
>can never close because no exit liquidity, not even at 0.6
>pay margin fees for the rest of your life to keep a useless position you can never close open
This is better than a rugpull, it's a passive income version of a rugpull.

>>49280970
>All through CM.
Thanks, just sold 100k DNA and bought 100k XCM.

>>49280768
ofc
I just don't want to be priced out of xcm / bonds / link and miss out on guaranteed generational wealth so i'll nevr be able to build my family live on my farm with qt tradwife a dog and a cat

>>49281184
>passive income version of a rugpull.
oh shit he figured it out

>>49281012
>historically incorrect
I mean, Kevin mentioned multiple times on AMAs that the price of XCM should be higher based off of company valuation. The fact that it wasn't means by definition that the market disagreed with that assessment and thought 3% p.a. plus bonuses in FLUX (deactivated), UST(dead) and KDA(ok) isn't worth 0.6EUR.
I know XCM has more potential and it's not a finished product, but the fact is that its' price didn't hold 0.6 on its' own.
>oh yeah it absolutely is, but that's just because I care about le free market and enjoy buying cheap.
exactly.
On that note, I do believe KDA has much more upside potential, but that doesn't matter in a bear market, does it? Alts bleed, no matter how good. I'm still waiting to buy on $1.5 and lower myself. Do you think it'll hold support?

>>49281184
Doubt you have either.
But you do you, best of luck.

Oh and Why the fuck can't I place limit orders on DNA? Fix your shit kev

>>49281241
>wasn't means by definition that the market disagreed
floor was 0.12 and it was clearly not at 0.12 the whole time, if the floor is 0.60 and stays like that, it will be a first.
>Do you think it'll hold support?
It might, there are a hell of a lot more people that know about it now as opposed to 10 months ago
>>49281288
this bug is killing me, enable advanced setting and disable immediate

>>49281315
>if the floor is 0.60 and stays like that, it will be a first.
What does that mean? It technically can't be sold lower than 0.6 on the platform

>>49281358
It means that historically the price was always above every floor, I don't see why this time it should be different.
>inb4 this time will be different

>artificially inflates price to look nicer for vcs when it was trading for 3x less their valuation
>common investor priced out and cucked from buying bear market dips
>uncapable of doing simple transfers
"the people's exchange" everybody

>>49281381
post favorite exchange

>>49281358
AFAIK it's an ERC token, which worries me on the price floor part.
It "could" be traded anywhere else?

>>49281423
correct, see >>49265730

>>49281241
Oh lmao I just remembered KDA bonding ends in a couple of weeks, so actually ALL bonuses will be dead lel. Nice bonus.
This is why I'm angry, this would've been an excellent opportunity to buy XCM cheap
>>49281375
>inb4 this time will be different
Well the previous price floor increases weren't during the middle of a bear market, when alts are expected to bleed 90%+ of their ATHs

>>49281456
correct, see >>49248133

Only stacklets are mad about the new floor. You had five fucking years since assblaster breadcrumbs

>>49281503
>five fucking years

>>49281456
holy shit
if xcm didnt do any price floors it's be worth less than 1 cent lmfao

>>49281471
>isn't a bear market

btw can anyone explain how XCM isn't a security when it's issued by CM, tied to CMs' valuation and even has its' price determined by CM? And with expectation of profit, too

>>49281440
You know anything about the distribution?
Etherscan is worthless for XCM.

Why is exactly 80% in cold storage?

>>49281654
There is no reason (0 Reasons) to withdraw XCM from the exchange, which is why all the coins are in one wallet (The Exchange)
>>49281647
I will ask the regulators what their favorite anime is and just change the subject if they ever want to regulate xcm, we're fine.

>>49281682
>There is no reason (0 Reasons) to withdraw XCM from the exchange
Well I guess (read: hope/cope) now there is - to sell lower than 0.6

what the fuck is this price floor autism?

>cryptos backed by literally nothing
this is fine, I will put my entire life savings into this and pray miners/VCs don't dump on my head

>crypto backed by the valuation of a company that doesn't allow VCs to dump on your head
scam!

How many companies in crypto allow you to exchange their token for equity? You don't even get a chance to buy equity in these companies unless you're a VC.

>>49281725
For arbitrage, buying under €1 on a dex and selling over €1 on a cex. 0.60 is too low

>>49281682
I understand, which is what makes etherscan worthless.
Why the "exactly" 80% in cold storage though?

Seems they sold the tokens during ICO at ~.13 cents and raised ~15M. Explains ~115M of liquid tokens.

Where do the staking profits come from?
The other 115M tokens?
Would that not dillute the liquid pool?

>>49281820
Most coins are in the hands of users or investors, there is no large pool of coins cm can draw from, the rewards come from their treasury, which they buyed from market.

>>49281901
Thanks for your answer.
I would like to see the numbers representing the pricefloor though.
Just happy to count, and have very little to count with.

>>49281647

based https://gist.github.com/jumper323213/0fbd813b15e7aa42bd68316c3c8d3dd8

I'm surprised cm didn't do a buyback while the price was lower
I know they plan to do another one eventually so maybe they decided to by nice about it and raise the price floor before doing a buyback even though it cucks them out of cheap xcm

>>49282394
Imagine if they did a buyback knowing they would raise the price, SKETCHY

Because it's a Russian ponzi scheme

>>49282423
true
I honestly thought this price floor stuff wouldn't happen until like Q4 or next year because it's rare as fuck for kevin to mention something and then have it happen within the same quarter

>>49282458
>it's rare as fuck for kevin to mention something and then have it happen within the same quarter

is it weird that i wanna dat kevin?
no homo
this man is singlehandedly making me rich
he is my god
my reason to get up in the morning
i bet he has a redbull can peepee

I sold a six-figure stack before the price floor hike.

>>49282659
Just buy it back here is a tutorial on how to do it

>>49282659
you deserved it
now kneel before Kevin the almighty

>>49282682
>>49282687

First time I ever panic sold a bearish dump, have had iron hands for years, but I did it and now I feel retarded.

wtf you guys seeing this shit??

>>49282704
because you are retarded

>>49282704
i bought 30k when the announcement got through, feeling good
now need to build a big kda stack and im satisfied

>>49282706
feel like I need to now find the post that got the xcm pic as a thumbnail and my shitty pc can't even open 360 tabs at the same time, rec me a good cpu

Brainlet here. Does this mean it can never be below 0.60?

>>49282866
correct

>>49282866
it can if Kevin the Superior decides
Kevin is Law
Kevin is The Creator, The Imaginator
kneel and repent in front of the trinity which is Kevin, XCM and Kadena

>>49282776
>>49282706
I found it >>49282683
great thread too

I just opened literally everything on /biz/, every thread ever link everything. AMA
Found this
https://anonymintpm.com/product/2022-anime-prospector/

>>49283177
just sold 100k xcm
I'm stacking these now

Great thread. I missed you all.

>>49282881
>>49282961
So only 2 things can go wrong
1-if no one wants to buy it
2- if coinmetro goes under
Am i right? Whats the catch? It feels better than having money in a stablecoin

>>49283177
I have this one:

https://anonymintpm.com/product/2021-wagmi/

I'm thinking we could opt for one for XCM

>>49283533
>It feels better than having money in a stablecoin
That is because it is better. Has so little downside this might be the best bear mrket trade to make

>>49280719
I wonder why he’s so bullish on KDA. I’m still waiting to see more adoption, but it hasn’t really happened in a significant way.

>>49283686
>I wonder why he’s so bullish on KDA
read >>49281845 & >>49283297

>>49283533
well it feels better than a stablecoin for sure
kevin said they are talking to MMs to provide liquidity for XCM at the price floor, so im not particularly worried that there will be little buyers

>>49283673
>>49283763
Thanks