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/biz/ - Business & Finance

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22500453 No.22500453 [Reply] [Original]

Is this coin accumulating before another explosion up? Or will the price keep being suppressed by Whale farmers. This is giving me YFV vibes. Too many YFV copers are left holding bags it seems.

>> No.22500648

bump

>> No.22500673

it's OVER for safe

>> No.22500682

>>22500673
why ?

>> No.22500692

>>22500453
>This is giving me YFV vibes.
not even close

>> No.22500731

>>22500692
Wym? You think YFV better? or SAFE?

>> No.22500813
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22500813

Fuck looks like it's going back up, I fucking sold the bottom.

>> No.22500820

>>22500453
https://twitter.com/sassal0x?lang=en
He hasn't let me down so far.

>> No.22500822

>>22500731
safe by miles. safe is being shilled by influential people right from the start.

>> No.22500916

>>22500820
>>22500822
Don't you guys think this is just a psyop to fool people into buying so they can dump their farmed bags on us?

>> No.22500953

>>22500916
Then just farm what they do. Do you think YFI is a psyop? That has been shilled since $10k (and probably sooner)? Do you think LINK is a psyop?

>> No.22501051

>>22500453
It's a YFFI clone

>> No.22501173

I'm down since yesterday too trying to figure out if i should hold or move on, hopefully at least if people want to farm and dump it, they're going to have to shill it hard somewhere. Maybe a timezone effect will be the key in a few hours

>> No.22501215

>>22501173
I bought back in, but now have 20% less than what I had yesterday. FUCK

>> No.22501294

>>22501215
Why dont you just farm it you stupid idiot?

>> No.22501343

>>22501294
You can make a lot more in 1 good trade than farming it faggot.

>> No.22501399
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22501399

>>22501294
whales performed an exploit and got all the mining placements. owner said "whoops free market ha ha" and that was that.

>> No.22501419

>>22501173
How are you down since yesterday? I bought at $1400.

>> No.22501480

>>22501051

Disgusting, DEFI is cool and all because money go brr but this is all a big fucking scam, all nerds in a small eco-chamber throwing around ETH around while everyone looks the other way at how stupid this all really is.

>> No.22501493

I bought the top and down 50% already. Aaaass

>> No.22501506

>>22501399
What are you talking about, you can also buy wnxm and stake it to farm safe

>> No.22501548

>>22501343
You can also lose a lot more like you already found out. Im farming and dumping it in a few days.

>> No.22501961

>>22501215
im down too, but doubled on the dip and sold when it recovered a bit minimising my losses. might buy another dip if it happens to break even but looks like bottom is in for now, i'd hold and see if there are any moves or just slow bleeding in the next days

>> No.22502743

>>22500453
it's already valued as a successful project, undiluted supply valuation at $212M. Even yfi itself is at $1.16B now. That's 5.4x, and for all we know the dev is incompetent, all he so far did was to copy paste a contract and make minor changes.
It's being pumped by people doing a single asset deposit into the bal pool, which means it's going to peak at an unknowable but high price (relatively soon - within 48 at most) and then dump for the rest of the farming period.
Very risky as there's no way to know when the peak actually happens and what the execution is

If you're looking to buy it's much better to wait at least 2 days. It would be a great buy at 1/10 of the current price

>> No.22502904

>>22502743
Is it a good time to sell right now?

>> No.22502947

>>22502904
No idea, I wrote that the peak price is unknowable, only the timeframes are somewhat predictable.
It could very well go to $10k (for a short time) giving this an undiluted valuation of $800M.
Don't forget that there 4 pools and 3 of them are dumping on the one bal pool

>> No.22503768
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22503768

>>22500453
this is unironically the next yfi

>> No.22503865

>>22502947
I think it peaked yesterday, people started pumping it initually for the supposed endorsement from Andre + the pure y-tokens hype, then started reading into it more and saw that its farmed and dumped + the circ supply is rapidly increasing and there’s a lot more to go

>> No.22503941

I am down 50% on this piece of shit

>> No.22503966

>>22500953
Fucking kys Vijaykumar

>> No.22504002

ah faggots not playing the game right, u need $vamp in your lives

>> No.22504061

>>22503865
This. I recouped my loss, bought back in at 1.9k and sold at this recent peak $2.7k.