[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 96 KB, 800x800, 1558831100922.png [View same] [iqdb] [saucenao] [google]
14041552 No.14041552 [Reply] [Original]

>Backed by Blocko
>Blocko partners with huge players in Asia: Samsung, Sequoia, Hyundai
>Multi-chain blockchain solutions for businesses
>Based in Hong Kong
>White CEO from Silicon Valley
>$18 million marketcap

https://coinmarketcap.com/currencies/aergo/

>> No.14041572

>>14041552
Heard that it will never be on binance

>> No.14041622

>>14041572
You heard right. CZ fucking despises sequoia and rightfully so, they fucked him over big time with the lawsuit. Happy he won.

>> No.14041643
File: 20 KB, 407x447, DiuUxhUYAA_ayO.jpg [View same] [iqdb] [saucenao] [google]
14041643

>>14041552
Isn't this where the girl sticks her tongue out and looks away???

>> No.14041928

>>14041572
it's on upbit so who cares

>> No.14042018

>>14041572
All it needs is an exchange that provides KRW fiat purchases and Aergo will blast off to the Gamma Quadrant.

And Aego has hinted that Binance is not off the table. Sequoia is a financial backer, not a managing director.

>> No.14042047

>>14041552
circulating supply will increase 150% by "early 2020", so it's not all roses. If buying you should consider the marketcap to be around 50m right now, or learn to stomach the swings because it will have a lot of them over the next year.

>> No.14042081

This went 5x then retraced all the way back and hasn't really moved since.. How come? Actually wanted to get a bag of this but it never seems to go anywhere

>> No.14042207

>>14042081
>This went 5x then retraced all the way back and hasn't really moved since.. How come?

That was the mainnet pump. The Aergo team doesn't engage in price marketing. Almost everything Justin Sun does publicly with Tron would potentially get him in trouble with the SEC if he were CEO of a publicly traded company in the U.S.

Aergo isn't going to market like that. They are one of the projects trying to voluntarily comply with business regulations (even though they don't apply to crypto) because they are targeting businesses and government entities as partners, and those targeted partners want to do business with compliant crypto projects.

Therefore:
>Good news
Aergo actually is partnering with all of Blocko's clients and G7 governments. Actual industry adoption is happening.

>Bad news:
Hype is the name of the game, and it's not going to happen with Aergo until it's real.
That, and the token inflation, and I'm not holding my breath for much to happen this year, which is fine with me, because I have the time, and I'm willing to accumulate the fuck out of this.

So, whatever your trading goals are, but in 12 months Aergo will be Top 20 or higher.

>> No.14042247

>>14042207
The Nash Exchange and their NEX token is the same way. They are applying for registry as a security, and a license to trade securities. They are fully complying with the SEC and the EU financial whoever. And they never comment on price, or the market, or demand for the token, or hype or puffery, or anything that might be construed to be intended to affect the price or elicit a pump in value. They discuss tech and features of the project.

Unironically, for long term gains, projects like Aergo and NEX are what you should be looking for. The shit that's in your face with shills should be avoided. Think in six month time frames (insanely short for investments) instead of five minutes like most of the ADD on /biz.

>> No.14042255

surprised it hasnt mooned yet...

>> No.14042270

>>14042207
>>14042081
it wasn't just the "mainnet pump", millions of tokens were released just a few weeks prior so private sale investors pumped and dumped.
>>14042047
as i pointed out here, a further 150 million tokens will be released over the next 9 months, that's a 150% increase in circulating supply. consider this before buying.

>> No.14042290

>>14042270
>millions of tokens were released just a few weeks prior so private sale investors pumped and dumped.
>a further 150 million tokens will be released over the next 9 months, that's a 150% increase in circulating supply. consider this before buying.

so buy before they release the tokens.like now got it

>> No.14042304

>>14042290
your risk to take

>> No.14042360

>>14042290
>so buy before they release the tokens.like now got it
If indeed the supply is going to increase 150%, then for the price to even remain where it is, the demand is going to have to increase 150% also over the next 9 months to match the increase in supply. That's an effective cap of $50 million, which is still very small and outside the Top 100. Supply and Demand and it's relation to price isn't a theory, it's Natural Law.

The good news is the cap right now is $18 million. Price in the increase and Aergo is at $50 million cap. The market isn't going to ignore what's going on with Aergo and Blocko for much longer, and increasing 150% from an $18 million dollar cap (already did that at mainnet), or increasing from an effective $50 million cap isn't going to be hard to do.

Therefore: Ignore the increase in supply FUD. It's real, but not significant. It isn't going to matter, and it's partly why you're getting such a good deal right now.

>> No.14042400

90% of the supply in VCs hands

>> No.14042438

>>14042400
>90% of the supply in VCs hands

VCs like Sequoia. Go look at their track record. Apple, Google, Paypal, Instagram and a few hundred more.

Sequoia is now making their first crypto play and it's Aergo. I don't consider that a liability. To the contrary, Sequoia's involvement as a VC is a strong reason for me to invest.