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/biz/ - Business & Finance


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57797690 No.57797690 [Reply] [Original]

I just bought 0.5 ETH of this shit, for what am i in for?

>> No.57797788
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57797788

>>57797690
look anon, i'm a "fundamentals" investor. i barely ever buy and hold shitty meme coins with practically no function at all. some examples of my holdings are BTC, ETH, LINK, POKT, GMX, etc. Literally all have "fundamentals".

in 2021 I bought Shiba Inu in January. $1k worth. if I'd held that, it would have been $50MM.

To me, Circle is the perfect example of a "barbell" investment (retard + high IQ).

1. Coinbase will onboard the majority of users during the coming bullrun.
2. Base chain will be the BNB gambling casino of this cycle.
3. Circle is a memecoin that intersects with the 'store of value' narrative that is BTC, which is driving this current narrative unlike any other narrative before.
4. The overall vibe from the marketing efforts, if you can call them that, are mysterious, just like crypto in general to the normie mind.

I bought a small bag at ~$7 average. If this shit dips any lower than current prices, I will be picking up a bag of probably $5k - $10k.

Do with that what you will.

>> No.57798044

>>57797788
> dips lower
Yup. Doesn't seem a good entry now.

>> No.57798077

>>57797788
Dubs and when will base be accessible to the normies? and how does the burn work I read buying and selling causes a burn and that increases the value, but is the burn infinite? Why does everyone celebrate when a big sell happens? I'm willing to jump in but I have many questions.

>> No.57798089
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57798089

>>57797690
According to what I know, you just wasted 0.5 eth.
Better luck next time, last time maybe should also try this given you're already into shitcoins.

>> No.57798101

The way you know this is going to rug is the extreme aggressiveness of the shilling and the consistent talking points. Even though the shills are using many IPs to avoid bans, there are obvious tells in the posts that it’s just a handful of different people. For example they consistently keep using the same incorrect word to describe something that I’m not going to help them by specifying but it’s how you can tell they are not native English speakers and are using pre written talking points. This board desperately needs flags.

>> No.57798121

>>57797690

Losing 30% of your money

>> No.57798406

>>57798101
You sound like a square

>> No.57798416

Check this thread if you havent already, ultraround money is the future
>>57784872

>> No.57798423

>>57798101
Complete nonsense join the tg and embrace the madness, circle was acknowledged by coinbase as an interesting experiment on base, the burn mechanism is pretty unique. So relax anon it's legit.

>> No.57798449

>>57798101
I know EXACTLY what you're talking about anon, they keep misspelling the word "curcle", they're spelling it as "circle" which is a dead giveaway that every post is made by the same person/persons. I would steer well clear of curcle if I was you.

Oh, they also obviously paid the head of product development to mention them on warpcaster.

I'm sticking with Rubic and I suggest you do the same anon.

>> No.57798462

>>57798449
Fucking kek

>> No.57798590

>>57798462
enjoy more of this legendary banter in the circle telegram.

>> No.57798618

>>57798590
What happened? Yesterday it was a lot of fun in there

>> No.57798639

When I first read about it, I had a tingling feeling it might go insanely high, the tokenomics are built as a hot potato game. Rn we are about 5% over the groundfloor. If we get more liquidity, it will fly like a rocket. I got $3k since I see it as an easy gainer, but if we dont have a non-retarded way to buy for normies, this will 10x at most.

No normie will ever use a bridge, we desperately need a one-and-done buy button on a cex or cryptoapp for this to pop

>> No.57798672

>>57798639
You can do Base transfers on Binance. No bridge needed

>> No.57798735

Heavy statera vibes with this
>shilled hard on /biz/
>it just burns, nothing else
>logo looks kind of similar
Am I going to lose 5 eth on this?

>> No.57798756

>>57798423
>acknowledged by coinbase
(possibly bot) traffic put it into the most active list, and so products division told someone to look at it and summarize it for the top dog