/biz/ - Business & Finance

FTX is getting fucked!

>>52266793
SAM BANKRUN-FRIED

Enjoy your (you).

>>52266885
>Sam Bankrun-Fraud

>>52267213
>>Scam Bankrun-Fraud

>>52267276
>>>Scam Bankrun-Fraud
Lmao hands down this is the winner.
Also Scum Bankrun-Fraud loses because Scum doesn't rhyme with Sam.

This is now an MARINADE Thread buy your MNDE before it rockets again.
XCM and Kadena are newfaggot traps.

>>52267315
thanks for the gold
buy xcm

>>52267332
I may be a trap, but I’m not a newfaggot.

never mind its fake, why can't I delete posts anymore

>>52267427
>may be
Part of the fun is not knowing.

>>52266793
Who cares, it's not like cm is going to do anything to try and benefit froms it

>>52267638
I care more about having fun shitposting on /biz/ than I do about making money. If FTX kills the rest of the market it is good for my illiquid XCM bags long term.

Just provide liquidity on uniswap bro.
https://twitter.com/thiccythot_/status/1589022227437039616

>>52267884
An entire year too late to point out V3 sucks.
https://rekt.news/uniswap-v3-lp-rekt/
Liquidity providing on Uniswap is mostly for access. Ideally you have a token owner like Coinmetro who just locks in 100k worth of assets permanently on the lowest fee pool possible (ideally no fee) and just let it sit forever and let arbitrage deal with profits. The incentive for CM (or any other company) is not to earn LP fees, but to have more people buying the token. Of course the thing that happened that thing makes the case of CM providing liquidity less natural than if it were say Chainlink or Uniswap locking 100k worth of assets purely for access and nothing else.

>>52267929
>just locks in 100k worth of assets permanently on the lowest fee pool possible
Why not just use something like IDEX after a scam ICO instead of printing 100k out of thin air and locking it? I don't see the point in locking liquidity unless you are trying to fair launch a Safemoon clone.

>>52267974
It’s not out of thin air, you need to supply eth as well unless you want to sell it for nothing. A small part of the treasury of a crypto company should be set aside to lock liquidity.
If you want maximum access it’s better to lock liquidity than rely on third parties who can pull all liquidity instantly one day and reduce access and buy pressure.
It signals intention to stay as well, a company who has no trust in their longevity will hesitate to lock anything at all unless they have enough tokens to drain the pool by mass dumping.
Safemoon didn’t even lock their liquidity anyways, they took from the pool over and over.

>>52268003
>It’s not out of thin air, you need to supply eth as well
But in practice that ETH comes from selling tokens you sold that were printed out of thin air which makes the whole thing kind of redundant. I can see why what you are describing is the best way of handling the launch of a worthless ponzi shitcoin but am not sold on it being the best way of handling a uniswap pool. You are adding a trusted token owner and adding trust to trustless systems is redundant. Maybe what you are describing is a good patchwork solution to Uniswap being flawed but there has to be a better way.

>>52268284
>You are adding a trusted token owner and adding trust to trustless systems is redundant
I meant giving them the money to buy ETH and hoping they lock it requires trust.

Coinmetro looks like it will become insolvent
the wall keeps growing
daily volume of 200k

>>52268284
>>52268295
The idea if doing it trustlessly is that they burn their own money before company launch, or after they’ve already gotten money. I didn’t say it was without trust though. I said there is a good reason to provide liquidity and that has purely to do with access. You always have to trust the company won’t just disappear either way, risk is everywhere.

>>52267554
>why can't I delete posts
Just post something none scam coin related and the jannies will be along to hoover it up as soon as they get done fixing their hoover. Because I shan't be buying them another while there's still rubber on that belt.

>>52268417
Medications.

>>52268324
>Coinmetro looks like it will become insolvent
Why? They can survive with no profit for years like almost every other startup in history.
>that has purely to do with access.
I still don't understand. A shitcoin with lots of slippage on uni because nobody big is providing liquidity and everything is being left to the free market arguably has fairer access than one with no slippage on 7 figure orders since poorfags can get in easily and whales can't.

>>52268417
They didn't even remove links to bestiality porn in the last thread so /biz/ is not heavily moderated at all.
>>52229337
>>52230843
>>52230891

>>52268430
Anon if you haven't noticed the whol NASDAQ is insolvent

>>52268447
Even in an apocalyptic crash NAZDAQ would never go to zero thanks to the Ameriburger 401k system essentially being a ponzinomics mechanism to derisk stock market losses on poorfags. As long as Americans pay taxes the NASDAQ will never die.

>>52268482
>as long as risk factor doesn’t happen
And what happens if people lose their homes and retirements AGAIN and people stop paying taxes?

>>52268628
>people stop paying taxes?
You haven't thought this through. What is your apocalyptic scenario for America? Real unemployment going up 10%? The NASDAQ can handle that. As long as the tax golems don't start a civil war and refuse to pay tax on mass America is fine.

>>52268707
>You haven't thought this through
Not at all, no.
>As long as the tax golems don't start a civil war and refuse to pay tax on mass
it’s over…

>>52268736
>it’s over…
Not at all, it will continue forever. The golems will always pay tax because the government is the one true god. Suffering merely reinforces their devotion.

Not a single person is going to rebel ever again and the engine will continue forever.

>>52268736
>it’s over
It is only getting started.

>>52266793
Coinmetro is insolvent and we got proof.

Coinmetro exchange and the investors hold millions in XCM value which is illiquid against a real mcap of 60 mil.

That is 120 mil of magic money they report on their balance sheet.

Kevin feeling the heat.

Any sell pressure will crash that mcap fast!

>>52266793
FTX failing still won't make people want to use coinmetro anon

>>52269363
If the price of XCM was zero that wouldn't make Coinmetro insolvent.

>>52269363
nice copy-pasta faggot
i saw that message at least 5x on twitter yesterday

https://www.coindesk.com/business/2022/11/07/crypto-exchange-coinmetro-eyes-us-europe-expansion-with-7m-funding-round/

>>52270381
It's over.

>>52270381
how does this work?
you just ask for money and you get some?

I'm dying

>>52270381
>Coinmetro raised 7 million euros ($7 million)
I still do a double take when I remember they are the same now.
>The interim funding round is a precursor to a Series A round planned for first-quarter 2023, the firm said. The funds were raised from three angel investors and over 100 existing shareholders.
So they raised 3 million as their interim raise so they have money to expand between now and the next funding round? It is good they got VCs to match the valuation with all the uncertainty in crypto at the moment. A lot of people don't understand the enormous difference between 100% of VC money drying up and 99% drying up.
>>52270575
Sauce?

>>52270819
>Sauce?
https://twitter.com/aslyroundabout/status/1589114498283372546

>>52270865
It isn't funny at all. A poorfag country printed out some maxipad memes in textbook form. What is a Bitcoin diploma even supposed to teach you? How to run a lighting node? No real country would have people studying Bitcoin and not crypto.

>>52270942
Imagine making a meme in 2014 just to have it end up in a fucking textbook. It shouldn't be funny.

>>52270942
why do you guys have so much dismay for bitcoin?
it's the best project of them all, and 99% of 'cryptos' still have trouble beating it

>>52271069
https://www.blockchaincenter.net/en/there-is-no-second-best/

>>52271016
I predict historians are going to look back at the pre bot internet for hundreds of years. Chris Chan is the most documented person who has ever lived for example. There is no way historians will let classic memes die. 4chan will be looked back on fondly after the bots finally kill this place and classic threads like pic related will have scholars discussing them long after we are all dead.

>>52271094
right
so you bought Hex?

>>52271069
"peer to peer digital cash"

This post is advertising.

>>52271132
yes, it's the first to solve the double spend problem
the rest is a bunch of amateurs piggybacking on bitcoin to get rich quick
rather than proposing improvements of bitcoin itself, they go and make their own chain with a multimillion ICO & varying token allocation models to get rich quick
only the likes of ergo, kaspa, ... don't do this

>>52270942
>>52271016
>waaaaaaa it’s not funnyyyyyyyy
go back faggots

>>52271184
Fuck off tranny spammer you're breaking the rules now mods do your job.

bitcoin bro, why bother talking to shitcoiners tho? over time their coins will get diluted agaisnt bitcoin as they always does anyways, even if they get a +10%, a +50% or a +10000% agsint bitcoin, they will all die eventually.

>>52271184
>rather than proposing improvements of bitcoin itself
We never needed to make new videogame consoles. We should have just kept making add on for the Super Sega System forever! The Playstation was a scam!

>>52270381
People are already celebrating this great accomplishment by throwing more XCM at the wall.

>>52267638
Coinmetro is directly benefitting from it long term by building out a regulatory compliant platform that can handle growth without "malfunctioning" during volatility like every large exchange.
Coinmetro also doesn't trade against clients of leverage assets with debt, therefore it can't have the issue that FTX is currently having.

Did I mention the sustainable XCM staking program?

>>52269363
Actually Coinmetro was profitable during the bullrun and the burnrate is actually quite low.
Should be profitable long term starting in 2023 per the company financials.

Metro is built to be sustainable, no leveraged assets like FTX, slow steady growth, with future proof infrastructure

>>52271499
Okay boomer >>52271422

>>52271534
That's Not an argument

>>52271588
If you lie about being sexually active how can I trust that you really hold what you are telling me to buy?

coinmetro is shit. The only exchange I have no acount on and never will. Mostly because of this thread

>>52271702
I hodl the transMetro exchange token XCM
good hodl
nice passive
longterm growth
>>52271727
brainlet

why is their blogmpf down reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
can someone screenshot their latest thread tytytytyty tea why

>>52272034
gemini seems bussin, mastercards, high yield passive income staking, winklevoss's dabbing on the zucc
shame its US onlee
real question, once kevone releases debit / credit cards will you even use it or order one ? Seems like a sure-fire way to get wrenched in irl life
also kucoin is betr than binance since no kyc gg no re

why are people not buying XCM on uniswap to stake on the exchange? does nobody believe the book will become liquid?

>>52273311
Stop doing benzos.

>>52273311
Coinmetro is a crypto exchange for trading and hodling(staking) MARS is best in the game now
Even though it's working to become a challenger bank...
I don't give a damn about debit cards, I use credit cards for rewards cause i'm not a poorfag with shitty credit.
Also no KYC is a bad thing brainlet
>>52273315
I am still accumulating XCM on UNI and staking it.
Volumes for crypto are massively down in general

>Courts are ruling the vaccine was a bio weapon
>FTX is dying
>Kanye West is the first celebrity to name the Jew and people who never have before are questioning things
>I have a huge cock
>Twitter is no longer run by Pajeets
>Coinmetro are thriving and being stuck with an illiquid asset is fine compared to being down 90% like all my friends who got into crypto last year
>slavs are killing each other
Life is good.

>>52271251
there's definitely innovation in the space and some of that should come with its own chain to circumvent gatekeeping; stifling dev environments and other limitations
however a lot of the projects are meant to leach from retail, finding some kind of excuse to do so. best recent example is Aptos, a chain built around a new SC language
it's totally normal that this happens but at least show some respect for the OG that's typically superior both from an ethical as well as a technical point of view

>>52273574
same, with their latest funding it looks like the exchange will still be around several years from now
can't imagine a bullrun wouldn't bring the book back alive

>>52271462
>can't have the issue that FTX is currently having
CM has plenty of issues as it is. They are literally holding clients money by being so knuckleheadedly persistent about that 60c, or by not paying out or even sufficiently informing Flux stakers about the snapshot that happened 9 months ago.
>sustainable XCM staking
Stake unsellable assets to get more unsellable assets and €0,0001 worth of shitcoins per day. Wonderful.

>>52273574
>>MARS is the best in the game now
>stake 300k, earn 5 cents
Lol. Lmao.
native staking will always be better than using someone else's node (centralized exchanges)
MARS is a nice bonus sure, but it's nothing more than eye-candy. If you like an asset, you would buy more of it and either have your own node, or stake it for lesser yields if you're a poorfag. There is no reason to buy xcm
>I dont give a damn about debit
Ok but you didn asnswer my queshtiueion and resorted to un-necessary smugposting out of insecurity. Gemini cc for example provides higher rewards than anything else in Canada.
Would probably be annoying as fuck when travelling, Coinmetro locks your shit if you enter areas or log-in in areas that they don't have licenses idk how it'd work for cards
>KYC is a bad thing
honestly not surprising a brainless CEX shill would type this

>>52273748
You can sell on Uniswap for .20c
Quite a nice price actually compared to how much most cryptos are down.
The flux snapshot is being distributed, with interest, as clearly stated by the CM team.

Coinmetro has plenty of XCM in the treasury to pay out for the next few years, which again, can be sold on Uniswap for .20c - Quite high compared to high down most cryptos are.

>>52273819
Stop typing like a fag if you want responses. CEXs without KYC have no future outside of libertarian erotica.

>>52273819
>But i want LUNA returns!!
MARS just started last week brainlet. and XCM is still paying full yield on top.
They will incentivize more staking and increase rewards over time.
Normalfags don't want to run a node, neither do I. Also it gives automated diversification.
>debit card
You're over thinking the debit card.
>KYC BADDD wahhhhhhhhhh
KYC is how Coinmetro will take marketshare as regulators enter the space and hammer the big exchanges.
They also built their own KYC infrastructure. Which can now be sold as a product.
Seethe brainlet - or join the XCM party

>>52273819
even without considering the mentality of the average retail investor, many projects have min stake limitations ; ETH validators & KDA bonding come to mind
an exchange as regulated as CM is quite attractive in that case
in theory there's no limit to MARS or other perks associated with XCM

>>52273724
>>52273739
Checked

And janitors ban me again for your advertising thread nice

>>52273929
Janitors ITT actively pruning my posts by the way XCM is Janitor land proof enough go look at the archive you aren't banning me but removing my fucking posts you niggers I knew you were jannies.

>>52273937
Checked

>>52273937
You're not allowed to make false reports. That's a waste of jannies time and they are busy.

I'm not Kevin btw

Mods I promise you since you allow janitors to shill and advertise scams here I'm gonna go recruit as many fucking nigger jeets to ruin this board going forward enjoy you fucking niggers you brought this upon yourselves by allowing these niggers and you janitors to scam people.

>>52273739
>Threads been reported over 10x
how does he know this

>>52273959
Yeah yeah yeah you fucked up and revealed yourselves as corrupt janitors who ruined this board I'm gonna post dead children 24/7 now enjoy

I love black people and Indians. I welcome the new friends you are bringing.
>>52273970
Reporting it 10 times by samefagging. Which the jannies absolutely can tell you are doing by the way.

>>52273883
>libertarian erotica.
underrated post

This site will be unbrowseable by end of day because you niggers wanted to scam people.
Nobody will be able to use this site period going forward enjoy.

>>52273980
>>52273990
>>52273966
>>52273937
You are a bit Schizo buddy.
I simply post here for fun
also
I'm not Kevin btw

>>52273980
No please don't post that. Especially not pictures of them wearing cute socks.

Kadena ecosystem has several mining projects where they handed out NFTs representing a share in a mining
it's easy for the creators to acquire mining equipment & power supply for cheap but not so for retail, they buy the NFTs instead
there's loads of things i can think of with which coinmetro could attract investors
then maybe at some point we will get a significant passive income
even just the 4% staking rewards is decent

>>52273937
> advertising
/biz is about shilling, dude
nothing wrong with that
go present your projects/coins of choice and enlighten us as to what *is* a good investment

>>52274004
General tranny fucking niggers ruined this board create rugpulls make begging threads and ban anyone who isn't part of their group anyone lurking post dead people here 24/7 you wanna raid?
We can raid.

>>52273985
>Which the jannies absolutely can tell you are doing by the way.
How do you know this.
uh, I mean how do they tell? What if he IP hopps

>>52271184
>yes, it's the first to solve the double spend problem
lmao confirmed newfag

kikestream CREATED the doublespend problem

why does FIK3WOun keep (you)ing me wen i nevr (you)'d themst.. strange.
>>52273889
>>all of crypto aside from that offered by coinmetro is a ponzi
DeFi exists which has been sustainable for longer than coinmetro has existed. Other exchanges with higher yields exist. Rich niggas don't use them, they run their own nodes.
MARS didnt start last week, they had to shut down all their previous pools the moment we entered a bear market. Token not sneeded sorri
>I dont want to run my own node so instead i'll j-just stake at an exchange I know to have significantly lessser yields because ????
KYC goes against the premise of what the blockchain and crypto was designed for. Kevone even states that Coinmetros future is a De-CeFi hybrid, dare ye insult your overlord ?

>>52274015
>the 4% staking rewards is decent
How much does the US treasury pay?

>>52274015
I like this idea, the Kadena mining NFTs being used by Coinmetro could be a nice MARS boost.
>>52274054
For now they are similar. XCM has room to go 10-100x though.
Also treasury yields will go down when the FED pivots, XCM yield will not, and will grow with MARS

Sliding the thread to remove evidence these tranny grooming pedophiles ruined the site.
Do your job boys let's tango.

>>52274054
probably less since they're dealing with dollars and XCM's price can increase

>>52274034
He doesn't have ten unique VPNs. He is using a dynamic IP and mods can tell when 10 people from one neighbourhood all report something.
>>52274044
>DeFi exists which has been sustainable for longer than coinmetro has existed.
Defi is a game of musical chairs
>KYC goes against the premise of what the blockchain and crypto was designed for.
So does Blockstream coin. You are a newfag.

>>52274081
I'm not a tranny

>>52274110
Prune this nigger tranny janny.

>>52274081
I unironically am a tranny-groomer technically. There is a tranny whos posts I enjoy reading and I am always nice to them for that reason.

>>52274044
You're not as intelligent as you think, anon.
Very weak arguments, mostly misrepresentations.
I will stick with Coinmetro.
>>52274081
Why so angry, anon? Did kevin touch you?

I'm not Kevin, btw.

>>52274059
noooooooooooo my day Is ruined

>>52274162
I am literally shaking rn...

>>52274150
>addresses absolutely nothing, ad hominem
Ok.
I will stick with earning higher yields on literally everything elsewhere

>>52274238
Name 5 non-inflationary assets with a better yield. I bet you wear jeans and read fiction.

>>52273823
>You can sell on Uniswap
How is that an argument against CM fucking XCM holders? Just because some desperate poorsacks try and create a market for its token does neither solve nor justify CM's lousy business decisions.
I hope you do realise that for as long as you maintain that uniswap pool, that wall is going nowhere,
I understand why you do it, for the desperate to have a way out, but you're hurting the case in the long run.

>>52274273
>Jeans and fiction
Burrrnnnnn

>>52274091
This is my thought, I'm not a boomer so the risk/reward with XCM is far better in my opinion.

>>52274465
Dammit he is on to me. What should I do??

>>52274438
no doubt it was a terrible mistake
a rollback is unlikely to solve it, after 5 months of people buying at 60c

>>52274450
Stop posting images of the real world it's very triggering in a problematic way.

>>52274438
They raised the price floor a bit early, ill give you that. Also 2 or 3 large holders dumped some early bags and killed the original buyside.

The wall will be busted by:
1. Large investors who are prepared to support CM and have a few million on the sideline waiting for a market reversal.
2. Market makers, which are currently being onboarded, needing a supply to create liquidity.

The market makers, while not liking the wall, will be able to buy a significant chunk at the floor, which make XCM quite safe for them to purchase once the Investors bust the primary wall.
Not perfect
but I'm quite bullshit and confident

I'm not Kevin, btw

>>52274484
They would much sooner wipe the book, and start it fresh with large investors, and market makers creating a buyside.
That is the worst case answer imo

Also, not Kevin

>>52274552
yeah that makes more sense, makes the book look healthy and with some throttling the complaining might be kept to a minimum

>>52274530
i- i- i can't
It's all too real to me
Imagine huggin Kevin in real life.

I'm not Kevin, btw

>>52273949
your thread was deleted by the XCM tranniejannies
make a new one

>>52274813
I'm begging please stop, post anime, think of our imaginary friends and their feeling when they see 3d images

tfw the schizo thread was deleted before I was able cum.

>>52274484
>raised the price floor a bit early
They raised it to 60c when XCM was trading at 30c. If they had set that floor at 25-c30c, which was still a x2 from its previous level, and then raised it to 60c next year or whenever the market turns a bit less bearish at least, they could have avoided all this crap. But then they couldn't have duped those VCs with an artificially inflated valuation.
>5 months of people buying at 60c
The only people that bought at 60c are idiots that fell for the "free money longing XCM at the floor without risk" meme, and CM converting fees.
>>52274536
>Market makers, which are currently being onboarded
I remember Kevin talking about getting MMs right when the floor was just raised. It would have made sense for them to step in right then when there was still a reasonable buy book. But now, which kind of MM is going to burn their capital on a highly overvalued coin that hasn't been traded in almost half a year.
I definately hope you're right, I would love to finally get out of this, and since you're not Kevin, you probably speak more realistically than Kevin himself.

>>52274813
can't be real

>>52274844
i agree with most of it but adding an MM "when there was still a reasonable buy book" would just get the MM rekt

How do I buy XCM I'm pretty curious all this talk has me fomoing.
I got 300k should I put it into XCM?
I'll give 5k to anyone who provides me good information just post your wallet and where to buy.

>>52274888
kek

>>52274888
lol

>>52274888
Post cock.

oh no schizoposter got banned
miss her already

You only realize what you had when she's gone

>>52274858
In hindsight they would have gotten rekt, for sure. But the situation back then was much more reasonable for a MM to step in, than now having to clear a low 7 figure € value of orders, not even counting the ones who aren't in the book yet, to get even remotely close to the situation as it was back in june. Now they would be rekt before they even began.

>>52274921
>>52274916
>>52274909
Okay...

I guess not then.
Anyone know any good projects to buy?
>>52267332
Is this a good product?

>>52275111
>Anyone know any good projects to buy?
MNDE

>>52275111
Whats your Telegram, I'll help you if serious

>>52274921
For real though, show us

>>52275111
kleros, obviously

>>52275136
I mean I am but after that response I'm seriously on the fence now.
>>52275122
What is MNDE?

>>52275176
MiNDE putting this dick in your ass

>>52275190
Alright then fuck it nvm.

man why do people never want to buy xcm

>>52275224
only reason i wouldn't is the book
desu you could have asked the same question about kda in early 2021, when everybody said it was some trannie coin then went x100
there's typically not much to understand

Buy FFTC

>>52272034
found the dude who bought CRO at 96 cents
Sorry anon CRO is making a comeback once the bull market starts again everyone will want a quick and simple way to get in.
crypto.com makes it quick and easy for nu-traders who don't know that they are being cucked by the fees

>>52276282
I've never bought the shit coin cro, never will
crypto com lied to lure people in with 'benefits' that they immediately had to scrap and used shitty marketing gimmicks as bait
pathetic really, and illegal in a perfect world
low quality post for a low quality exchange anon

>thinks i would buy a shitcoin
I'll stick with XCM and Coinmetro, transparent, regulated, and built for the long term

>>52276353
the absolute seething
Those benefits lasted longer than a year and anyone who knew about it early made money. I got out at 85 cents an got back in at almost 9 cents while taking the profits and moving that into Matic.
Remember your coins exchanges are going to fail while Crypto.com has leasing rights to that stadium if they ever needed to liquidate to keep it alive.
Nobody knows about your exchanges while the richest people in LA see that stadium on a regular basis

>>52276472
>I bought the bottom of a ponzi and then sold the top
>crypto.coom is not going to fail because they're paying for the rights to a name for a stadium and it cost them almost a billion which they pay yearly (it was not an upfront cost and is now a huge money sink)
fuck it's over

>>52276472
I'm literally not impressed
I had two 40x's and a 100x
also bought LCX .04c and sold over .50 - moved profits into XCM and staked

Literally don't care about a sports stadium
The absolute state of biz brainlets. Never change biz

>>52276712
>also bought LCX

>>52276537
>I bought the bottom of a ponzi and then sold the top
Thats all of crypto you retard
Also it cost 700million to buy the stadium naming rights that LASTS FOR 20 years (funny how you don't know shit about the situation yet claim its over)
They also shill the coin and exchange to you as soon as you walk in the door so all those boomers who want to invest in the next bullrun will only know about CRO
/biz/ hates the coin = its gonna make money
Its just like with how MATIC btfo /biz/ who didn't think that pajeets could do anything other than scam
>>52276712
yes I also had huge gains from shitcoins you aren't special
I was one of the first 100 people to buy SHIB
CRO wasn't my first or only coin I made money off of and clearly you are playing with small money seeing as you has a 40x and 100x which should have been make it money

>>52276872
>Claims to be first 100 people into shib
>Still didnt make it
Trust nothing he says anons

>>52276872
>LASTS FOR 20
They will go the way of the dodo in literally 10th of that time https://www.coindesk.com/business/2021/11/17/ftx-cryptocom-and-the-stadium-curse/
>MATIC btfo /biz/ who didn't think that pajeets could do anything other than scam
Matic is literally a centralized scam running on nothing but bizdev, the chain itself is barely usable last I checked and has on just 100 validators with 5 people owning the keys to the whole thing.
Price going up doesn't mean /biz/ is wrong in calling Matic a scam

>>52276938
ehh I got impatient and didn't expect it to moon that hard plus I only bought a little bit since there were a ton of shitcoins everywhere being pushed all of a sudden
I still made enough where I got over the fact that I would have made it if I held instead of selling on the way up
>>52277010
"Maybe a coincidence – but it does turn out that the bulk of “stadium curse” cases were clustered around the dot-com bust"
Imagine comparing shit that was outdated to something that the majority of people haven't even bought into yet.
Plus you seem to be ignoring the fact that they could always sell the naming rights in an emergency which guarantees them surviving through the bear market.
MATIC made me a lot and DeFi has proven a way bigger scam with the trillions of rugs we have seen at this point although that doesn't matter because there is a ton of DeFi being built on MATIC
Call it a scam I call it making money

>>52276738
Sorry babe..
it was just a trade I promise

>>52277163
BETA! Beta male!
>Sell naming rights in a bear market
>scamming investors

I'll stick with the ethical, gimmick free exchange, Coinmetro

>>52277163
> Plus you seem to be ignoring the fact that they could always sell the naming rights in an emergency which guarantees them surviving through the bear market.
Delusion.
Have you seen all their finances?
No, so you are just assuming despite most evidence pointing to them not being profitable and having no path to profit with a ridiculous amount of expenses. "Leasing out" a name isnt gonna do them fuck all. Remember they were the top bidder for the deal, people aren’t gonna be able to make them even close to breal even and those who CAN pay them a sizeable amount for the rights are praying they go bankrupt asap so they can buy naming rights on a low auction price during times of economic uncertainty.

>>52278599
Meanwhile Coinmetro is hiring and expanding the marketing budget
Bullish 2023

>>52278827
Great image.
Not to fud, but there’s also something called a desperado move in chess.
Actions can be deceiving on both ends.

>>52279130
Perhaps
But financially they have a nice runway

>>52276712
>buying a token you don't believe in and known to be a scam
pathetic, this proves you're a poorfag as legitimate investors don't do this type of nonsense
>>52279352
Kevone somehow successfully selling his snake oil tokenomics to VCs, impressive
Anyone want to tell those angel cuckvestimors that the tokens they spendt millions on is going for a third of the price on the secondary market ?
This fraud actually said that they're going to do funding rounds Q2 2023 at an evaluation of $500,000,000. Does he just pull a random number out of his hairy asshole and decide to set price floors for his security token that isn't being investigated because it's too low profile
The fuck

>>52279673
Umm it's called a trade?
I buy all kinds of coins short term. XCM long term
I hope you're kidding brainlet
>>52279673
The last fundraise wasn't for VC's
It was for regular joes, the little guy that CM supports

You try so hard to fud, but it just looks good for CM

my portfolio is 50% xcm 50% kda, should I change this? what do coinmetro bros think

>>the little guy
>three angel investors
>over 100 existing sharehodlers
brb creating my own security token and self evaluating it at 6 gorillion dollars and setting asinine price floors thus leaving it in an illiquid state long enough so that by the time people realize my shitcoin holds no utility and is in fact a security i'll be knee deep in your mothers vagina

>>52280217
It says existing, but it was 100 new investors
Literally a misnomer - This was the first round for new investors to get equity numbnuts. You can talk to them on Telegram
Why didn't you join in?
Why so invested in fud?
Jellybros..........

>>52267681
Me in the middle

>>52279130
This doesn't really apply in crypto since the whole market is a retarded confidence game desperado move.

Alameda's total collateral drops by 9 figures every time the price of FTX goes down 1 dollar.

>>52275365
kda is a literal scam that got pumped and dumped by bitmain lmao