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/biz/ - Business & Finance


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23692001 No.23692001 [Reply] [Original]

Imagine wanting to invest in ETH or BTC in 2020, let's say to make day-to-day transactions and stop giving your money to the banks ... well, bad luck, because you would be investing in other centralized shit, but even worse.

>> No.23692038
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23692038

The unlock of ICO buyers and VC investors will begin in december, there is only 24.5M tokens in circulation with 720M total supply

This is a HUGE redflag for the price of AVAX because the fully diluted marketcap is too high and inflation will result in a constant sell side pressure

ICO investors with their AVAX locked don't want the price to dump before they can sell for the private investor and public sale token unlock of December

They make multiples threads here praying for the price to stay at the same level

There are plenty of nodes on avalanche because ICO option A buyers can't sell their tokens Yet, so they HAVE to stake their token

once their token get unlocked, this will result in a sell side pressure and LESS NODES on the avalanche network.

>> No.23692056
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23692056

did you realize that Avax has only 3,4% of total supply circulating ?

did you realize that AVAX will have a constant and huge sell pressure because VC and ICO buyers will sell their token starting from december ?

>> No.23692089

> muh avalanche has 600 nodes

year nodes of avalabs and those that received 2000 locked avax for free for Denali Incentivized Testnet

they will SELL their FREE tokens as soon as they are unlocked, like UNI, it will drop to OBLIVION

>> No.23692173

Fuck the banks, AVAX will not fall to oblivion

>> No.23692310

>>23692038
That doesn't mean that the coin will dump, retard

>> No.23692332

AVAX VC AND PRIVATE INVESTORS ALLOCATION IS A HUGE REDFLAG

ECOSYSTEM IS ALMOST NON EXISTENT ON AVALANCHE, IT WILL BE THERE IN YEARS FROM NOW

DON't BUY ABOVE $1