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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10296508 No.10296508 [Reply] [Original]

RIP everyone who fell for that Elastos FUD last week. This is just the beginning.

>> No.10297193

>>10296508
It was actually comical.

>But but the private sale!
Its almost like people wanted the price down ahead of alpha launch on the 24th of August

>> No.10297419

ICO hodler/locker here. ELA is a huge project, but that 7 million ELA is hard to swallow. They have to list on more exchanges to have a volume for that kind of dilution. I hope they have something like that, because Huobi and CoinEgg wont do.

If price was 100-200 dollars i will be more worried of huge dump, but at 20$ i'm not because it does not make sense to sell at that price.

Anyway this project is a long run one, will see how it goes after 3 years.

>> No.10297577

>>10297419
Semi sensible. But since Jihan promised 50% of his hash rate I can't see him dumping since he had a vested interest bin dragging the price up

>> No.10297978

>>10297577
50% hash for merge mining, he will not stop mining Bitcoin with that hashpower, so its like free money for him.