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2728442 No.2728442 [Reply] [Original]

Tenx dividend calculation:
150million tokens
0.5% of all transactions as dividends to token holders

0.5% of $1bn = 5,000,000

5,000,000 divided by the 150m tokens = 0.033$

LMFAO and people are buying this shit for over a dollar?

>> No.2728469

its even worse when you realise that the whole system is going to crash even if it does reach 1bn transactions, since its based on proof of waste ETH

>> No.2728682
File: 179 KB, 1080x1431, Screenshot_20170707-145534.jpg [View same] [iqdb] [saucenao] [google]
2728682

Yeah but it might make some gainz today

>> No.2728758

>>2728682
Tenx gains are keeping me sane

>> No.2728842
File: 165 KB, 1059x1394, Screenshot_20170707-152713.jpg [View same] [iqdb] [saucenao] [google]
2728842

>>2728758
Moving up.

>> No.2728870

>>2728842
Literally just dropped from 55k to 49k in the blink of an eye

>> No.2728885

someone just dumped 1000btc worth of this at 40k sats
this is insane

>> No.2728894

>>2728885
might take a bite off that wall if it goes to <50

>> No.2728915

>>2728894
well that was quick
made like $1400 off those dips
thanks whales :^)

>> No.2728923

>>2728894
thats the most mental thing ive ever seen on bittrex

the price was 50k and this whale came along and put 500BTC worth for sale at 40k

>> No.2728938

>>2728923
Yeah I feel like puking.

I bought some of his shit, but fuck, what the fuck was that.

I've only got like 100 of these. Better fucking go back up, goddamn fucking whales fucking the little poorfags like me

>> No.2728953

Already back up for 46k

>> No.2728956

>>2728938
you are just a skidmark on the road to a whale. sad!

>> No.2728962

>>2728923
I know, bought some of that dip and sold seconds later at 50k, what a fucking day
also that 500 btc wall being eaten? first time I see that. starting to wonder what this shitcoin is all about.

>> No.2728985

>>2728962
its got nothing going for it in terms of investment
purely hype

1bn transactions means 3 cents per token in the dividend. Unless they take over the entire debit card industry i dont see it working out

I have 200 and hope will sell for a profit in a few days

>> No.2729023

So is it impossible to hit that 55k mark again? I'm fucking rattled by that whale dropping 500btc at 40k

>> No.2729073

Looking like it's stabilizing around 45k for now

>> No.2729272

>>2728442

Worst ICO this year

>> No.2729389 [DELETED] 

>>2728442
It's not the transactions of the Tenx Token dumbass, it's the transactions on the card itself.

>> No.2729432

>>2728885
>>2728923
>>2728985
>1bn transactions means 3 cents per token in the dividend
>daytrading plebs don't understand how good a deal this is

>> No.2729719

>>2729432

> itsh sho good guysh
> daytradersh btfo

> 10 mins later
> 900btc wall at 45k

>> No.2729746

>>2728885
how does selling 1000btc worth of a coin affect the price of btc? Obviously it tanks the Tenx price, but where does that 1000btc show up?

>> No.2729755

If you believe in tenx, the dividend is amazing actually. Big assumption but let's assume they capture 5% of the visa/mastercard market in 5 years. That's well over 500 billion, not even counting overall market growth. 500 x 3 cents = $15. Current price is only 1.25. Lots of upside here especially if you can buy and hold for 10+ years and it actually takes off and takes over the market you'll be in lambo land. Be patient, idiots.

>> No.2729777

Another 1000 BTC wall appears!

>> No.2729824

>>2729777
That sell wall is at about $1.15 and is MASSIVE. No way they will get above $1.20 in the next month.

>> No.2729852

>>2729824
I wonder if that's the same guy and who the fuck that is, just a whale or maybe dev? Either way looks like this guy doesn't believe in the coin to much...

>> No.2729871

>>2729852
Something like that. Nothing can create a sellwall that big but a dev. Even if a few whales got the coin for $1 each, they wouldn't be dumping at $1.20 in such massive numbers and so consistently. I've got a buy order set for about $0.40 where I think this coin will drop to over the next few weeks.

>> No.2729917

>>2729852
Or maybe the wale saw that it has potential. It was all green before he dropped.
So maybe he analyzed the coin and saw.. OK this shit climbs. So he sold alot at at ~ 60000 while being confident that that it will beat 60000 for sure and probably even 70000+.
He sold a shit load then to crash it to 40000. Now he can buy everything he wants under 50000 while being sure it will break 50000 when his crash sell compensated. Cause he believed in the rise it will probably even go alot higher.
Anyway, anything he buys before his big sell @60000 is gonna get him +%$.
He can do this as long as he wants.
He might lose coins while doing so but he will swim to another coin anyway when he got enough money out of this one. Because he is trading, not investing.

>> No.2729932

>>2729917
People in twitter say the coin got hacked.

>> No.2730265

This is the most brutal accumulation I have seen.

>> No.2730333

>>2728442
these launches are getting ridiculous

>> No.2730347

jesus christ this wall

>> No.2730356
File: 115 KB, 800x729, 1498550972710.png [View same] [iqdb] [saucenao] [google]
2730356

>>2730347
it's pic related

>> No.2730366

>>2730347
Fuck this jew coin, they are just PRINTING tokens on the sly.

>> No.2730730

something fucked is going on here
maybe the dev team are just offloading their 50% of the tokens
after all the entire team is just a bunch of fucking hipsters

>> No.2731097

>>2729719
It's higher than the ico price, what are you screeching about?