Piece of Shit

[Anonymous No.25700836]

>This coin has no actual FUD

Well now it does:
https://blog.parsiq.net/rebalancing-of-the-prq-token/
I quote: "We will start unlocking 770.000 PRQ from each pool, per month over the next 24 months at which point, all team and advisor tokens will be unlocked and entered into circulation (January 2023)."

1.5m PRQ token inflation per month for 3 years. And just like that, the token dumped down even further because its more shitty news, despite everything else pumping hard. I sold, not going to waste my time on this piece of shit in a bullrun. Advice you to do the same.

[Anonymous No.25700927]

Fuck off.

They also permanently locked 38m tokens which they didnt have to, to protect people from imbalances. They literally said goodbye to HALF their investments for the good of their holders.

[Anonymous No.25700998]

24 months is 2 years you stupid troll. Anon away.

[Anonymous No.25701038]

>>25700836
Yes exactly, this will have a disastrous outcome. Time your swings accordingly.

[Anonymous No.25701047]

>B-b-but it pumped last month its just a cool-down period!
Almost a FULL retrace in terms of ETH/PRQ price, which is 90% of the used pairing to trade PRQ with. If you pumped and dumped this and then put it into BTC or ETH you wouldve been 3x as rich by now.
B-b-but JUST HOLD BRO! IRON HANDS BRO! SWINGIES GET THE ROPE BRO!

[Anonymous No.25701224]

>>25700998
My bad, have to get used to it being 2021, but how does that change my argument at all? You're being like a grammar Nazi focusing on the small shit while ignoring the actual point.
Theres no doubt about it that PRQ was a terrible terrible hold for everybody for the last 2 weeks.
Hell you couldve even put your profits into motherfucking Dogecoin and made more. Yet they keep releasing more garbage news.

[Anonymous No.25701229]

It's actually fucking over.
Why didn't I buy more bitcoin FUCK

[Anonymous No.25701520]

I don't want to but also watching this dumpster down to 0.40 or lower would suck, so swinging is an option.
But really, is this not just sell the news? It's not an enormous amount and should stabilize once good news starts rolling back in.

[Anonymous No.25701534]

>>25700836
that's not good

[Anonymous No.25701641]

just bought more

[Anonymous No.25701682]

>>25701520
>But really, is this not just sell the news? It's not an enormous amount and should stabilize once good news starts rolling back in.
no its literally over please sell

[Anonymous No.25701697]

>>25700836
VXV is better

[Anonymous No.25701750]

>>25701682
Oh I forgot, haha!
Right it's just a wallet, and now it's being dumped on with tokens. Fuck this piece of shit.

[Anonymous No.25701787]

>>25701520
>But really, is this not just sell the news?
No, because this was announced randomly there was no "buy the rumour". This is just "sell because its shitty fucking news"

[Anonymous No.25701802]

Thanks just sold 100k

[Anonymous No.25701810]

>>25701697
vxv doesn't check all the boxes, prq does

[Anonymous No.25701915]

its over
it isnt?
going to sell my whole stack right now

[Anonymous No.25702020]

>>25701915
no wait for me to sell!

[Anonymous No.25702034]

I'm sad I wasn't in during the big pump but if I had I hope I'd have sold by then
DONT GET EMOTIONAL OVER YOUR COINS
what matters are the gains, don't be cucked like Link holders who didn't sell during the september pump
be ready to sell any coin (I'd put an exception on BTC...)

[Anonymous No.25702038]

>>25701915
i think it is man

[Anonymous No.25702040]

SELL NOW, EVERYTHING PUMP AND THIS PIECE OF MOTHERFUCKING SHITS IT'S ABOUT TO TOUCH .40 AGAIN.
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.25702238]

I BOUGHT AT 55c WTF

[Anonymous No.25702316]

They are burning more than is being unlocked. FUD this please.

[Anonymous No.25702445]

>>25702238
SWING THAT THIS ITS GOING TO .40 CENTTTTTTTTTTTTTTTTTTTTTTTTTTT

[Anonymous No.25702722]

>>25702316
>Hey guys we are going to inflate the market with 1.5m PRQ tokens per month, but its actually bullish because we orignally planned to release 3m PRQ tokens per month.

Yeah, no

[Anonymous No.25702982]

Fudanon you're becoming more clever, oll give you that lol
Still not relinquishing my bags

[Anonymous No.25703023]

>>25701047
>Using ETH/PRQ BTC/PRQ
KYS

[Anonymous No.25703030]

$10 Q1 2022

[Anonymous No.25703138]

>>25702982
this

[Anonymous No.25703228]

>>25703023
PRQ/ETH is 90% of the volume. Nobody uses PRQ/USD pair because its not on any major exchange yet.
You are more retarded than I am if you look at the PRQ/USD chart instead of the PRQ/ETH chart

[Anonymous No.25703357]

FUUUUUUUUUUCK I REALLY THOUGHT THIS WAS THE NEXT ONE

[Anonymous No.25703420]

>>25701047
>Almost a FULL retrace in terms of ETH/PRQ price,

Holy shit, you're right. Strong buy signal.

[Anonymous No.25703423]

>>25700836
brainlet tier take

[Anonymous No.25703544]

>>25703228

[Anonymous No.25703949]

just kidding I read it. I'm gonna fucking neck.

[Anonymous No.25704082]

>>25703949
People think Im part of the coordinated FUD, Im not. Im all-in on PRQ and Im legitimately pissed at this news. The timing is terrible too. Might just take my 3x and move on

[Anonymous No.25704128]

>>25704082
might not be that big of a deal though depending on market orders. I mean here's the reality, is the team just expected to never take profits?

Sergey dumps millions of dollars of link yet the price is still steady. I don't think I'm gonna sell since the real price movement hasn't even gotten started.

[Anonymous No.25704276]

>>25704128
They're not going to dump anything, they're just releasing 1.5m PRQ to the market every month, its inflation. In a year from now we will be at like 115m circ supply instead of 100m, its a huge difference.
This inflates the mcap too which lowers the potential for a higher price.

[Anonymous No.25704478]

>>25704128
This is the defining moment for all PRQ holders right now. Whoever sells thinking this is that big of a deal will be sitting on uniswap in two weeks trying to buy a smaller stack back hoping to get as close to their original position as they can. I will personally be gobbling up as much as I can with everything I have if this touches .40 again.

[Anonymous No.25704575]

This is actually pretty shitty news.

I’ll admit, the FUD is starting to get to me. I wouldn’t sell since I’m still up x5 my initial investment even at it’s current sitting price.

[Anonymous No.25704613]

>>25704276
yeah, i got that. but to be fair, I'm not a hundred percent convinced this is going to absolutely decimate the price. We won't really know until a year from now. I think it's a pretty fucking huge inflation though...but I think this is still a better shot than some other coins in the space.

I guess it's gonna really boil down to this -- do you think parsiq at its current price will outperform any inflation of the circulating supply? (Noting that the total supply was always 500M and still is 500M). So far, I'd say yes, I think this is still extremely undervalued and I'd be surprised if token unlocks that SHOULDN'T count as dumps deflate the price. I'm not on board with the NOOOO INFLATION IS BAD IT RUINS YOUR INVESTMENTS because inflation creates momentum and liquidity. Keynes was a faggot for sure, but deflation faggots are all eternal bagholders who think that if worthless shit deflates then all is right with the world.

I think this is going to skim some value off the top for sure, but I think the market is going to be fine. We aren't immediately just gonna tank back down to where we were a few months ago. But if you're worried about inflation not giving you the gains you want, then I'd sell next price jump up. I'm biased because I have 60k and my first sell target is still 1 dollar which is a 10x from my current investment, but maybe we can get the team to clarify a bit more as to how those tokens will enter the market

[Anonymous No.25704813]

this money will be used to hire more people and work faster on their projects. if we keep in a range beetween 30-40cent, that would be great. with coinbase and binance listing,we will at 3-4 Dollars. use the chance to cover more coin.

[Anonymous No.25704993]

are you guys fucking dumb?
Don't you really see how this would benefit so much, at the very least appreciate that the team is absolutely transparent with it's plans

[Anonymous No.25705075]

Its Over

[Anonymous No.25705343]

They can circulate the max supply and I'd still be a buyer.
That would be a 10$ at a 5B marketcap, which would still be a 20x from here. Project has Link-like potential.

[Anonymous No.25705861]

Just a toilet.

[Anonymous No.25705867]

Don't really care, the team has shown to have high standards for their product and I really believe that smart triggers are huge.

[Anonymous No.25706157]

>>25705343
this

[Anonymous No.25706242]

>>25704276
>its a huge difference
hey retard do you really think 15m supply is going to make a fucking difference?
there are literally scam projects in the top 30 with billions of tokens in supply

>oh nonono they released 15m tokens in a year
you sound like an absolute newfag and have no idea how markets move. back to fucking plebbit you go

[Anonymous No.25706243]

>>25704128
>take profits
they said that they have tons of integration news in this year which should have turned them a profit rather than just dumping the coin

[Anonymous No.25706417]

>>25706243
they aren't just dumping the coin.

[Anonymous No.25706557]

>>25706243
Where do all you low IQ retards come from? Reddit? Serious question because you fuckers are a plague on this board

[Anonymous No.25706671]

>>25706242
>oh nonono they released 15m tokens in a year
why are you talking in absolute terms, it's meaningless. They're releasing an extra 18.5% percent of the current circulating supply this year. Now can you say this won't be making a fucking difference?

[Anonymous No.25706710]

>>25706417
>>25706557
"Both the team and advisor wallets are currently locked, but we will start unlocking 770.000 PRQ from each pool, per month over the next 24 months at which point, all team and advisor tokens will be unlocked and entered into circulation (January 2023)."

Dumping is overarching phrase that means any action that is taken by the team which increases the circulating supply and this inflating the market cap. It is not a literal dump but by definition it's similar.

[Anonymous No.25706742]

>>25702722
Classic estonians

[Anonymous No.25707102]

>>25706671
>absolute terms
because 18.5% sounds bigger right? welcome to fucking crypto where shit can pull x1000 and nobody bats an eye
i've seen it all anon. been here in the link days when it was fudded because peepee poopoo 1 man team. if a project is promising and is literally about to change the whole blockchain industry that is yet to be fully discovered, you better hold on to dear life because you're sitting on a gold mine.

[Anonymous No.25707137]

>>25705867
>the team has shown to have high standards for their product
For sure, leather is a noble material for a wallet

[Anonymous No.25707150]

>>25703030
what is this massive FUD, $10 is EOQ1 2021

[Anonymous No.25707199]

This is a peepeepoopoo coin.
Bagholders cannot refute this.

[Anonymous No.25707247]

The price will pump again, question is when. Somebody is still buying the dips, so I guess we will have a breakout again sooner or later. Hopefully sooner, it's quite frustrating to see the price drops while the market in general have gone up the last weeks.

[Anonymous No.25707301]

>>25707102
>>25707199
The singularity of man

[Anonymous No.25707353]

>>25700836
everybody post your best pink wojacks in my AAAAAAAAH thread
>>25706770

[Anonymous No.25707400]

>>25700836
pfffffff paperhands

[Anonymous No.25707402]

>>25707353
little frustrating that i didn't sell the top but oh well, I'm still at a 4x right now and that's not the worst.

[Anonymous No.25707465]

>>25707402
how'd you get in so early? I feel like this didn't start getting shilled here until after GRT

[Anonymous No.25707487]

>>25707301
wouldn't it be duality?

[Anonymous No.25707527]

>>25707247
coinbase or binance listing would pump it, and tbqfh fampai, i think that is the only thing that would make it pump. the problem being it will not get a listing on either of those exchanges until it breaks $1, which it cannot do sitting in unishit being strangled by these ludicrous gas fees.
we're going to be crabbing for years.

[Anonymous No.25707597]

10$ by 2050

[Anonymous No.25707637]

>>25707301
sounds bullish

[Anonymous No.25707651]

>>25707527
There are a few more things that would make it reach or break ATH again, By the way, the gas fees are high but not that high, why are everyone complaining about gas? Last summer, now that was fucked up

[Anonymous No.25707659]

>>25707465
i just saw it shilled that's all. I knew about it already from coinmetro.

[Anonymous No.25707787]

>>25707487
Yes and no, read the two posts again.

[Anonymous No.25707898]

>>25707787
oh, that's pretty based actually

[Anonymous No.25708543]

The jannies & idiots in Telegram are the worst delusional fags I've ever seen

[Anonymous No.25708563]

finally I can afford to get to 5k, fuck yes

[Anonymous No.25708617]

OEEEEEEEEEHHHHHH CHARTS ALSO GO DOWN SOMETIMES OOOOEEEHHH
PATHETIC PAPERHANDS ADHD ZOOMERS EXPECTING TO BECOME RICH OVERNIGHT I DESPISE YOU.

[Anonymous No.25708747]

>>25708543
I never join telegrams anymore, what's going on there?

[Anonymous No.25708906]

>>25702722
Exactly. All of this was priced in except the burn. Bullish unless you don't read and buy blindly and therefore low IQ therefore you should stop breathing and rope yourself.

Godspeed.

[Anonymous No.25708980]

>>25707527
I dunno man. I feel like they must be pretty confident about something to announce THIS during a bullrun.