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/biz/ - Business & Finance


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File: 69 KB, 850x511, Swipe-et-Binance.png [View same] [iqdb] [saucenao] [google]
23161086 No.23161086 [Reply] [Original]

Should I buy back? Is SXP still a biz coin?

https://www.youtube.com/watch?v=uGSnyciBCTA&loop=0

>> No.23161216

Let it go anon

>> No.23161298

>>23161216
The question I ask me.. does this team really have what it takes to take on to CRO? Does Binance really have that power and the will to even do it? I have my doubts. It feels like a cheap asian clone of something that's already been done. Even the perks are the same. It is tempting though to think WHAT IF they pull it off.

>> No.23161362

>>23161086
>Is SXP still a biz coin?
SXP is rejected here and thats why is a normie project with a lot of potential. In this place all the "biz coins" are autistic projects or pajeets shilling their scams.

>> No.23161365

>>23161086
nope, Swipe is making 30-40k everday from fees alone, however the fees burned are nothing compared to the inflation and to the Swipe and Binance dumps, so price is likely to remain low for a long while until fee burn drastically spikes to like 300k tokens a day, I don't see it happening, the recent pump and dump, the issues with the app and stuff, the competitors, the lack of trust etc. etc. Swipe doesn't need a high token price to be succesful, only the token holders do, and they get dumped on, also because team sells tokens every month to cover expenses. Those are a lot more than the fee burns.

>> No.23161407

ETH pumping BIG.

so i am buying back some of my initial SXP back

>> No.23161436

>>23161086
ifkyk proposals suggest jl and cz aren't going to turn off the faucet

>> No.23161438

>>23161298
There's nothing to pull off. Their parent company is Binance. All of the Binance money is going to the Binance cards, the Binance cards are designed bespoke for the Binance users with their native token.

So it's like asking, what will happen to Binance if Binance pulls it off. They're the same fucking thing. CZ bought Swipe for the technology, he doesn't care about Swipe. If Swipe does well, he wins too.

The price of Swipe is what you need to be worried about. And the price is very shaky. There is no reason for it to go up.

>> No.23161563

>>23161438
>There is no reason for it to go up.

CZ owns Swipe
Swipe price goes up = CZ makes money

>> No.23161627

>>23161563
CZ makes money by dumping big when its prise rises, CZ makes money when there is a lot of volume, CZ makes money if in the LONG run Swipe gains serious traction. Ask yourself, is this good for the little token holder? Ofcourse not, every potential gain gets capitalized by the big bags of Binance and Swipe. And they also make money if price remains low. So it only makes sense to invest if you believe that the inflow of investors will be bigger than the 200 million coins hanging over your head from Binance and Swipe.

>> No.23161682

>>23161627
bruh

everything you say can be applied to BNB shitcoin as well. And yet..here we are

>> No.23161695
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23161695

>>23161627
sucky sucky poo poo peep poopop

>> No.23161722
File: 22 KB, 1515x164, brave_2020-10-09_19-43-22.png [View same] [iqdb] [saucenao] [google]
23161722

Well... Fuck. I decided to buy back.

>> No.23161844

>>23161722
welcome back swipie brother

>> No.23161863

>>23161682
comparing BNB to SXP is like comparing a lambo to a shitty bike

>> No.23161876

>>23161086
Fuck your chink coin

>> No.23161881

>>23161695
what does that even mean?

>> No.23162311

>>23161362
you make an excellent point there. I also hold a shitton of these lowcap "gems" but sometimes it's good to stick to normie tier projects as well.

>> No.23162326
File: 46 KB, 581x569, photo_2020-10-09_19-49-55.jpg [View same] [iqdb] [saucenao] [google]
23162326

>>23161722
These are the rewards I'll be getting at the moment. Not bad.. not bad at all.

>> No.23163469
File: 7 KB, 251x201, 1563984346777.jpg [View same] [iqdb] [saucenao] [google]
23163469

>>23161086
i never sold, im down over -50%. bought in at $3 it dumped the next day and still hasn't recovered.

>> No.23163915

>>23163469
hodl

>> No.23164105

Swipe was one of the worst picks of my life lol