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13842677 No.13842677 [Reply] [Original]

why is this shitcoin being shilled when it has a 100 billion supply?

>> No.13842719

>>13842677
It's actually got an infinite supply and it's not even blockchain. It's a central server internet token with no end to the final amount. We've been had.

>> No.13842741

>>13842677
Its LITERALLY a STABLECOIN

>> No.13842756

>>13842677
because it's drastically undervalued at it's current market cap of 16 million$ and there won't be more tokens vested for more than half a year, this is free money

>> No.13842763

>>13842677
Imagine 3rd worlders supposedly adopting this as a hedge against their failing currency.
1) poverty doesn't think beyond today's meals.
2) high crime ensures your mobile wallet is in danger of being stolen now more than ever
3) who tf wants to wait 20 minutes for a confirmation on ETH just to buy a head of lettuce or some shitty fish paste or whatever 3rd worlders subsist on?
This on is DOA anon.

>> No.13842773

>>13842763
yikers this won't age well

>> No.13842863

>>13842763
I think the target audience is wealthier people in third world countries. The actual retarded thing about it is RSV the supposedly useful coin is pegged to the dollar. Why not just use USD instead? Governments will be just as resistant to crypto being used as usd being used.

>> No.13843026
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13843026

>hurr durr but technology
>useless like the rest of shitcoins

no one gives a fuck
>30 sats current price
>currently trading on 1 exchange
>going to be massively marketed to whales
>to be released on many more exchanges
why the fuck do you want to stay poor forever anon?
>mfw

>> No.13843205

>>13842863
This. If the aim is to combat inflation then why the actual fuck would you pin it to an inflationary currency. The team is actually composed of total retards hence why on huobi would take them.

>> No.13843376

Guys.... I don’t think you understand how crypto works... this is MKR / DAI situation. Please do research this fud is so retarded I can’t even tell if you’re trolling or serious lol

>> No.13843397

Circulating supply is less than 10 billion actually.

>> No.13843398

>>13843026
But it’s not going to be on any more exchanges anytime soon they said due to legal reasons

>> No.13843418

>>13843376

What was mkr dai situation?

Do you really think the price will be above 50 sats in the following month?

>> No.13843427

>>13843205
The goal is it eventually won’t be pegged to the dollar, but the way they talk about it makes me think its vaporware. At least its still decentralized I guess.

>> No.13843435

Do you really think the PayPal crew who funded it will let it dump lol

>> No.13843437

>>13843435
Yes

>> No.13843456

>>13843437
Coinbase only funded two tokens as far as I know
This one and matic

>> No.13843504

>>13843435
You think vcs care about a half million or so in funding? Sure they aren’t going to throw it away, but they aren’t gonna lose sleep over it.

>> No.13843509

>>13843456

Coinbase really funds this shit?

>> No.13843576

Anyone remember when Matic went from a $24 mil mcap to $12 mil mcap on 5/15? No? Ok, I do lol....

>> No.13843579

>>13843509
no