/biz/ - Business & Finance

[Anonymous No.23706027]

>mfw: some ETH cuck tells me that AVAX is a scam and that I will die poor.

[Anonymous No.23707217]

WARNING !!!!!

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.

GRAPH FOUND HERE : https://info.avax.network/#unlocking_schedule

[Anonymous No.23707238]

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 $2

CIRCULATING SUPPLY WILL X2 IN DECEMBER
DON'T BUY their SELL ORDERS

[Anonymous No.23707289]

>>23707217
Here are some updates for you guys on AVAX from the insider:

>We are now onboarding projects, including decentralized exchanges, to the Avalanche ecosystem. We will be going live shortly with key infrastructure partners, such as Chainlink, that are vital components for Ethereum developers to build on Avalanche.

>...Completed a successful audit of the Avalanche Wallet by elite cybersecurity firm, Halborn. We have also awarded a grant to Tesseract to build a software development kit enabling iOS development on Avalanche. Finally, we completed integration with Magic to bring password-less login software to applications launching on the network. Magic has been used by over 6,500 developers, including established DeFi brands like Uniswap, Aave, and Augur.

>A key component of that shift is a bridge connecting Avalanche to Ethereum and the universe of assets on its network. Alpha testing of this bridge is beginning soon with partner firms playing a key role as operators. This phase will run for a few weeks to ensure the seamless migration of assets and tokens between the two networks before deploying on Mainnet.

>When deployed, this bridge will open the door for the biggest brands in DeFi to go from prospect to production on Avalanche, enabling any ERC-20 or ERC-721, and even native ETH, to be wrapped. We are working with two of the top five stablecoins by market cap as our first partners to use the bridge.

>We're continuing to push for more exchange listings and integrations to reach new user segments and liquidity. We anticipate having the first access point for U.S. users to go live in November.

>We are well-positioned to end the year in a position of strength. In the coming weeks, you will see more announcements of projects and partners going live and the seeds of DeFi projects beginning to take root on Avalanche.

GTFO with you BS fag

[Anonymous No.23707296]

>>23707289

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 ?

[Anonymous No.23707331]

>>23707296
Supply:
Seed sale: 2.5%
Private sale: 2.46%
Public sale: 10%

get your shit out of my OP fag.

[Anonymous No.23707377]

>>23707331

24.5M circ supply

vs

720M total supply

Source : coinmarketcap and coingecko

hahahaha stay poor faggot pajeet

[Anonymous No.23707392]

>>23707377


24,5 / 720 = 3.4% of supply circulating

worst tokenomics ever HAHAHAHHAHAHHAAHAH

[Anonymous No.23707417]

>>23707392

[Anonymous No.23707434]

>>23707417

*INHALE* HAHHAHAHAHAHHWKNDKJNW,HAHHAHAHAHAHHAHA FAGGOTS AVAXXERS HAHAHAHHAHAHAHHAHAHAHAHAHHA

[Anonymous No.23707449]

>>>>23707392
You're just >>23707434
All tokens dumping, shit is normal, do u even know what you're talking about?

[Anonymous No.23707459]

>>23707449

NOT BITCOIN :)

I bought at option B during the ICO, the option where tokens are not locked, sold at 5$ for BTC

I pretty much made more money with this move than you will make with staking with your locked tokens that dump every week

Just watch Bitcoin break $14.000 while your stuck with your locked AVAX :))

[Anonymous No.23707462]

>>23707434
You have to risk to get reward, or are you just a fucking pussy?

[Anonymous No.23707500]

>>23707459
And even tho AVAX is dumping the price is still 7x more than the ICO, I'm starting to think you are just a pajeet fudder.

[Anonymous No.23707655]

Did he tell you about ZUSD?

[Anonymous No.23707970]

Why the fuck would you even buy this shit, it is massively overvalued and most of the supply isn't even circulating yet. ICO buyers are desperately shilling this so they can dump their bags when they unlock and get out of the project.

[Anonymous No.23708295]

>>23707970
This, but unironically. Where can I short this shitcoin next month?

[Anonymous No.23708530]

>>23706027
While Eth and AVAX are duking it out, meanwhile here i am with my Radix bag...

[Anonymous No.23709605]

>>23707217
Never seen someone put so much effort into Fudding, at least the shills are more entertaining.

[Anonymous No.23709651]

>>23709605

My goal isn't to entertain, it is to warn anons to not put their hard earned money on a token with 95% of total supply waiting to be released

[Anonymous No.23711064]

>>23706027
u want me to invest in ANTHRAX?

>LOLLOLOL