/biz/ - Business & Finance

[Anonymous No.2653787]

J U S T

i feel bad for all of the people that got stuck bagholding this at the ATH

[Anonymous No.2653797]

I don't. Many people here told them what they were in for.

[Anonymous No.2653808]

>>2653787
>randomly drops while all the others are up
>>2653797
what am i in for? bought in at 230k

[Anonymous No.2653816]

>>2653787
>>2653808

Wait a few weeks and it will be up again.

[Anonymous No.2653818]

I bought yesterday and im slightly in profit.

The only people who havent bought it are those who dont know what it is.

If someone would fucking explain what this coin is used for to these plebs on here we could have FOMO

[Anonymous No.2653820]

>>2653816
but its random;y dropping while the others are stable

are people dumping new coins in the market?

[Anonymous No.2653823]

>>2653787
I bought at $165

[Anonymous No.2653826]

>>2653816

a few weeks is like an eternity to biztards

[Anonymous No.2653830]

>>2653787

Someone tried HARD shilling me this shit when it was like $80 day of launch.

>nope.jpg

...and now look.

I avoid ICOs and "first listings" like the fucking plague for this exact reason.

[Anonymous No.2653833]

>>2653826
it is when this money could be moved around

[Anonymous No.2653841]

>>2653820
It dropped with the others, now its stable.

>>2653833
If you dont have any patience then you will never survive when the bear market comes.

[Anonymous No.2653851]

>>2653841
im losing money holding ironically

[Anonymous No.2653881]

>>2653797
This. That was a powerful high, and they are never going to see that money again.

[Anonymous No.2653889]

>>2653830
>...and now look.
Look at what? You could have doubled that. ;^)

[Anonymous No.2653908]

You guys do realize this is going to go nuts, right?

[Anonymous No.2653924]

>>2653908
explain why its going to go nuts

what i understand is that any any random time someone can come and just dump their new bags into the market

[Anonymous No.2654012]

>>2653924

This coin is spooky. It's going to do insanely spooky things.

[Anonymous No.2654014]

>>2653851
You only lose if you sell...

[Anonymous No.2654021]

>>2654014
what about missed gains

[Anonymous No.2655540]

>>2654012
Yes sits going to spookly drop down to 15.

4000NMR is issued every week. Which means around 160.000$ a weeof sales of scientists who are cashing out. After a month that's 0.5 million of sales.

This coin has no future. Scientists will be: SELL SELL SELL until it drops to 1$ or something.

[Anonymous No.2655565]

>>2655540
NMR is needed to take part in the competition, so if the data scientists want to continue doing that there's no reason for them to dump their NMR on the market.

[Anonymous No.2655776]

>>2653787
Those people and their absence of stop losses

[Anonymous No.2656031]

>>2655565
>Be random sciencebro
>Stake my NMR
>Win and get BTC + keep my NMR
>End of month comes, gratz sciencebro. Because you performed so well he is extra NMR!
>Dump half or more for extra gainz

[Anonymous No.2656351]

>>2656031
The crux will be: will it be more profitable to dump for cash, or use to continue staking?
If you good and lose all your stake, you would have to rebuy at possibly higher prices, or be out of the game forever.

What will be really interesting is if they raise the cash prize pools, assuming this works successfully.
If the hedge fund is making tens of millions off peoples' predictions, i dont see why they wouldnt buy back coins to keep values high and raise interest.

[Anonymous No.2656815]

>>2653881
Well, perhaps but we can't really know that. The coin is like a week old now. Who knows how much it will be valued at one month from now

[Anonymous No.2656847]

>>2656351
Hmm yes. The deciding factor is if their idea will work. If it works this coin will be valued extremely highly. It does hinge on a lot of ifs though:

- if the system works
- if they increase prize pools
- if their are enough sciencebros

It will take months before the AI/System performs decent I'm guessing.