/biz/ - Business & Finance

[Anonymous No.29234044]

they call it reef because its lower than sea level

[Anonymous No.29234133]

>>29234044
This fucking shit makes me want to kill myself. Thanks Denko, for protecting us from the price becoming too high. I was worried I wasn't going to take another loss this time but Denko had my back.

[Anonymous No.29234190]

>>29234044
>>29234133

[Anonymous No.29234404]

>>29234190
>>29234044
Did you guys already sell or are you holding on praying for a miracle like me?

[Anonymous No.29234561]

>>29234404
Sold entirely.

I had a decent sized stack bought below .02

Lost faith. There's just too many red flags. I'm interested in using the platform if it ever comes out though

[Anonymous No.29234598]

>>29234404
>>29234404
bought at 4cents
constantly losing money while everything else moons
just want to break even so i can never look back

[Anonymous No.29235053]

chased bnb pump and sold all my reefs @0.04. price dropped even more. desu i dont even want to buy back. should've sold at 0.056 fuck

[Anonymous No.29235106]

>>29234190
i bought in at 0.028 so i'm going nowhere, altho i took some profit and sold 25% at 0.045 to chuck it into GRT, didn't let me down so far

[Anonymous No.29235278]

>>29234044

[Anonymous No.29235456]

>>29234404
Holding till client release at a minimum. Probably holding forever.

[Anonymous No.29235600]

I just bought a small amount slightly lower than the current price so will hold it. Whilst DOT is pumping hype hasn't gone back through the other coins XRT, EWT, REEF etc.. and I think they'll take off soon.

[Anonymous No.29235659]

>>29234404
Got it at .04 realize what a shit it was the next day during the ama when i realized the ceo only has a bed in his bedroom and no microphone, usong his cellphone. Got out and went in the bnb pump at 235$ cashed out at 335$ and bought more ada at 0.92$ next day ada pumped to now

[Anonymous No.29236122]

The impatience is unreal. Client out Q1 there will be a definite pump no matter what state it's in, at least wait until then, stop losing money. The absolute NGMI in this thread

[Anonymous No.29236421]

>>29236122
Yeah it's just that there's no telling how much lower it'll drop before the client ships. And if the client does not launch or is horrible on launch the coin will go into freefall (as if it isn't already). I'm still holding but losing faith each day.

[Anonymous No.29236454]

>>29234404
see this
>>29234190

[Anonymous No.29236665]

>>29236122
There will be no client, what has been promised can not be delivered this is an exit scheme

[Anonymous No.29236746]

>>29236665
Actually retard

[Anonymous No.29237290]

>>29234133
Yeah, shills are fucking bullshitting about him dumping the price being a good thing. A pump increases interest and demand. He's literally fucking the coin. It's my #3 coin (it used to be my top coin), and I believed in it, but now I'm getting fucked off and feel betrayed and disrespected

[Anonymous No.29237428]

>>29237290
Did you not hear him? He said the price should not rise so everyone can buy in. I get it you already have your make it stack or whatever, but people hearing about reef in the future also need to be able to pick up that stack just as easily as you did.

[Anonymous No.29237619]

>>29237428
That's what he would say. He's obviously gonna say something while people are asking why he keeps releasing tokens on them

[Anonymous No.29237689]

>>29237619
It was a joke.

[Anonymous No.29237755]

>>29237689
lol shit nigga, people are unironically trying to shill with that line

[Anonymous No.29237871]

>>29236746
>e x i t s c h e m e
>fundsu dissapearu

[Anonymous No.29238075]

I got in fairly low at 0.02. I was all in on the idea and team and thought it'd make me a millionaire. All in for a long term hold on 650k Reef.

But then there was shady shit after shady shit which I kept ignoring. The increased supply lowering the price, the official twitter linking to a song with "aggregating like a whore" as the lyrics, and then finally the team ignoring all the FUD and having a disastrously embarrassing livestream.

I exited with meager profits. Now they've partnered with Justin Sun. Maybe you'll all make a million dollars but there's just objectively better shit than Reef.

[Anonymous No.29238398]

>>29238075
Nice, I should have to be honest. And there are so many other options right now. What did you get into instead? FTM?

[Anonymous No.29238432]

>>29238075
like what

[Anonymous No.29238457]

fuck i put reef in limbo for 6 months. i cant dump my bags

[Anonymous No.29238508]

will reef ever go above 0.05 again?

[Anonymous No.29238629]

>>29238508
Might shoot up again after the app launches and it isnt shit.
Or Denko dumps even more coins and keeps the price down forever.

[Anonymous No.29238691]

Denko stop fucking dumping holy shit

[Anonymous No.29238769]

I bought 180k. Hope to make some nice tendies soon.

[Anonymous No.29238837]

You guys heard of Pundi X?

Seems slightly similar to REEF but with less outrageous ambition and more honest team. I'm thinking about switching over but haven't done much research yet

[Anonymous No.29238855]

>>29238629
and when does the app launch again?

[Anonymous No.29238895]

>>29235053
I did the same

Bought reef at 1.9, sold at 4.1, bought bnb at 220. Now I might buy some more reef

[Anonymous No.29238896]

>>29238855
>soon
Supposedly in Q1

[Anonymous No.29239173]

>>29238855
October

[Anonymous No.29239227]

>>29238855
In the next month the client will release

[Anonymous No.29239242]

>>29238896
>>29239173
>>29239227

which is it? that's a big difference

[Anonymous No.29239301]

I flipped UNI for REEF yesterday.
One of the worst decisions of mine, sold at 21 and bought at 0.0.
At least both ADA and GRT are pumping

[Anonymous No.29239396]

>>29238457
I am so happy that I dodged this bullet. Fuck, imagine your crypto locked away in a scamcoin for 6 coins just to probably enter the market as the bears are already destroying eveything.

Wish people would email, tweet and message CZ so he will delist Reef from Binance. Why? Because he lied to Binance and the coin buyers. There were clear laid out tokenomics schedule and he ignored it. Textbook definition of a scam. He flooded the market with BILLIONS of new tokens, sold them and took the profits.

[Anonymous No.29239398]

>>29239242
From their website.

[Anonymous No.29239445]

>>29238855
Next week sirs just buy more reef

[Anonymous No.29239496]

>>29239398
thank you. should have just done that myself but thank you

[Anonymous No.29239535]

>>29234404
Bought kinda early and got my stop limits set, won’t accept losing money to this but I still believe in it

[Anonymous No.29239582]

>>29239398
They can change that deadline just as easily as they changed the token release schedule.

[Anonymous No.29239625]

>>29234044
#REKT

[Anonymous No.29239831]

Denko comes across as a piece of shit, but if he actually delivers a product fulfilling his claims, I'll buy.

[Anonymous No.29239973]

>>29239831
So you'll buy after it has pumped is what you're saying

[Anonymous No.29240012]

>>29239973
kek

[Anonymous No.29240041]

>>29239973
Seeing as everything else is pumping anyway it's not like he's missing out on much not buying reef.

[Anonymous No.29240084]

>>29239973
Reef cant pump. Denko said that a rising price could scare away new buyers so because of this emergency he minted 275% new tokens and dumped it on the market. Thanks Denko, he really stabilized the price. The good guy Denko, really.

[Anonymous No.29240301]

>>29239973
Yeah, sure. Reef is going to crab or bleed until news comes out. It's better to have the money on other stuff in the meantime.

[Anonymous No.29240434]

Wow sounds like we can acoomulate forever haha I can't wait to own a trillion reef!

[Anonymous No.29240645]

>>29240084
Yeah he's trying to keep it stable to prevent bad actors, but then once the project launces he will start burning coins.

[Anonymous No.29240711]

>>29240645
sauce on coin burning? I watched his recent AMA and understood the theory behind adding more coins but never heard anything about burns.

[Anonymous No.29240817]

fuck this , im out , im buying icx instead...

[Anonymous No.29240865]

>>29240711
They mentioned it in the recent blogpost. I don't wanna go dig it out, but I'm sure someone else can link it to you.

[Anonymous No.29240909]

These are the facts:

>REEF team has lied about the amount of tokens they are dumping and are actually dumping way more, 8bn circulating supply with a 400M market cap, they release hundreds of millions of coins every day without saying anything

>Telegram is presided over by a Paki called Kumar

>Denko is the only visible team member, the rest of the team could well be Fiverr Pakis

>Staking UI looks like it was made by a down syndrome child even though they have millions upon millions of DUMPED token money to create a professional product

>Denko's academic accomplishments consist of a tenure at a third rate SLOVENIAN polytechnic

>Not actually partnered with Binance, CZ doesnt follow Denko or REEF on Twitter. Launchpool does not equal backing.

If you're still holding this I dont know what to tell you. I sold 100k this morning after buying in at 0.012 a couple weeks ago. Glad to wash my hands of this scam, now its breaking point for you lot. Decide what you want to do.

[Anonymous No.29241102]

>>29240865
They only relented and said they would burn to appease the pissed off crowd, and in the meantime they're still releasing tokens

[Anonymous No.29241166]

>>29240817
>I’m out
>Buys another scam

Are you so new that you can’t remember the blatant LCX shilling a couple months ago and subsequent rug? Bro, anyone shilling LCX on this general are bag holders. It’s a tried and true scamcoin.

[Anonymous No.29241171]

>>29240865
>>29240711
https://medium.com/reef-finance/a-letter-to-the-reef-community-2cad81dbee15
Ah yes so they are. This was a bit of a comfort thanks anon.

[Anonymous No.29241239]

SUPAR ROBBARI!!!!
BIG DICK HINDI?
CASH FOR PUSSY?

[Anonymous No.29241368]

>if these faggots poster seriously sold, why are they keep FUDing
if I were you fucking faggots and niggers, I would
just keep /biz/ alone and let them suffer
>seriously newfags, why do you have moral obiligation to tell /biz/ to sell
let us be niggers
i'm buying more of this shit, coz my METH is going up
>VITALIIIIK
fuck you

[Anonymous No.29241370]

>>29241171
I'd feel more comfy if they said in advance they might have to release tokens to "stabilize the price"

[Anonymous No.29241380]

>>29241239
you FUDers are really a creative bunch
is this crabs in a bucket mentality at work?

[Anonymous No.29241435]

>>29241171
So
In a year
After we've dumped billions further than the initial additional 7 billion tokens
We will buy back tokens at the lowest possible price after all the dumps
Then we will burn tokens to increase their value
WTF are they smoking? Plainly laying out market manipulation, insider trading and guerilla profiteering
Run

[Anonymous No.29241484]

Major reef pump coming in 10 days, mark my words fags

[Anonymous No.29241637]

>>29241484
LAMBORGHINI?
TWO MORE WEEKS!
TRUST RODEMAP BRO

[Anonymous No.29241649]

>>29241484
followed by a major token release. This is literally immune to pumps, as stated by the developers themselves

[Anonymous No.29241656]

>>29241435
They are trying to stop market manipulation and bad actors dumping on you

[Anonymous No.29241692]

>>29240909
No, those are not facts:
>REEF team has lied about the amount of tokens they are dumping and are actually dumping way more, 8bn circulating supply with a 400M market cap, they release hundreds of millions of coins every day without saying anything
He actually minted way more tokens, the circulating supply is 11.1 Billion Hahahahahahaha. You can check it yourself with BSC scanner and ETH explorer.

[Anonymous No.29241832]

it was just delisted from DOT ecosystem AHAHAHAHHAHAHAHAH

[Anonymous No.29241837]

>>29241656
>They are trying to stop market manipulation and bad actors
By doing market manipulation and being the bad actors themselves
Don't mind me I'm just here for the fireworks

[Anonymous No.29241844]

>>29241649
>3c stablecoin

why Denko whyyyyyyyyyyyyyyyyyyyyyyyyyyy

[Anonymous No.29241924]

>>29241837
This way it won't all dump on your overnight. It will be a slow way to the bottom or top, until the project launces and they start burning coins.

[Anonymous No.29241942]

>>29241832
Source?

[Anonymous No.29241973]

>>29241832
Actual retard detected falling for dumb fud thread

[Anonymous No.29241980]

>>29234044
Test

[Anonymous No.29242013]

>>29241832

Post link, that would be hilarious.

[Anonymous No.29242064]

>>29241924
Sounds like a sound investment
All in!

[Anonymous No.29242095]

>>29241832
links or didn't happen faggot

[Anonymous No.29242126]

The Telegram is run by 4 indians and they all start coughing in unison when one of them can't hold in his laughter answering questions

[Anonymous No.29242132]

Hello my name is penis

[Anonymous No.29242203]

You retards literally fall for thr dumbest fud you insufferable faggots

[Anonymous No.29242366]

>>29241844
but you know if it dumps, he isn't gonna token burn to bring it back up

[Anonymous No.29242415]

If I had any serious money in this shit I'd be selling up. Haven't seen this many red flags since fucking Espers

[Anonymous No.29242417]

holy shit denko stop dumping you FUCKING FAGGOT

[Anonymous No.29242498]

>>29242366
He might buy a bunch at .0000001 cents. Kinda like shorting his own shit

[Anonymous No.29242683]

>>29242203
Reality
>Fud
Only what I want to believe is real
>lalalalalala

[Anonymous No.29242723]

Here comes the rugpull

[Anonymous No.29242877]

I've got a stoploss set so i'm comfy rn despite fud

[Anonymous No.29242994]

>>29241370
Yeah I think we all would have liked that. Maybe they were surprised with the attention they got from being shilled by binance and had to mint tokens without time to say it

[Anonymous No.29243001]

I got my fucking funds locked up till August and by then who knows there reef's price will be at, bros promise me next time Denko releases a project we won't give it the same attention this one has received. Fucking faggot slav.

[Anonymous No.29243175]

Friendly reminder to you retarded faggots selling low, it will go up in less than 8-10 hours like it always does back to .04

[Anonymous No.29243238]

I literally went all in in .042.
This is not even FUD anymore, the guy is seriously killing any chance of pump. If there is any, he will just dump it massively afterwards.

Fuck it, i'm dropping out at .04 and never seeing this shitcoin again. RSR here i go

[Anonymous No.29243320]

>>29242498
yeah, or a bit like a pump and dump scam, hmmm

[Anonymous No.29243331]

>>29243238
Wait 10-12 hours max and you can get out at .04 minimum
T. Swingie

[Anonymous No.29243341]

>>29234044
Kek

[Anonymous No.29243395]

I kept telling you faggots not to buy this because the presale price was literally $0.000000001 per reef or something fucking retarded. STOP BUYING LITERAL SHITCOINS DURING THE BULL MARKET.

[Anonymous No.29243500]

>>29242994
c'mon bro, that's not a very likely scenerio is it? And if it was true, that's almost worse, not being prepared for a mild pump after featuring on Binance Blockchain week would be retarded

[Anonymous No.29243522]

>>29243331
I've just set the order. Now just gotta wait

Unironically, I've been noticing that it always goes from .035 to 0.4 at some point every single fucking day. People who realise this can make some money ngl

[Anonymous No.29243598]

>>29243238
look into NPXS, quiet little coin doing some, partly doing what reef wants to do without being too ambitious or dodgy, and the developers communicate freely

[Anonymous No.29243634]

>>29243522
not when gas fees are high af but then again I'm a retard whos uses uniswap instead of trading on bsc

[Anonymous No.29243646]

>>29241844
last week it was 4c stablecoin
and smug retards kindly reminded me that the week before that it was 3c stablecoin kek

[Anonymous No.29243705]

>>29243522
Ya its like clockwork yesterday and today it has been in a rut not getting as high as normal but ya .036ish-.042ish happens everyday. I buy when I wake up and sell at night before bed. Every day.

[Anonymous No.29243979]

>>29243598
Triple pump ready to dump
>fuck you?
>or just stupid?

[Anonymous No.29244183]

>>29243979
I'm not sure, but I have 544k of them now, because some random guy shilled me and I was pissed at a few crabbing alts, so I clipped them to make $1k spare change.

I recommend you do the same, I'm not a shill, but a fellow retard, and I'm watching this shit climb

[Anonymous No.29244485]

I fell for the fud and sold, only had 2k invested so no big deal.

I bought bake instead, hopefully the chinks can pump my bags in the next couple of weeks

[Anonymous No.29244518]

>>29243500
Yeah idk, cant come up with a better reason except them being shit at communicating, which they dont seem to be generally, except for that case

[Anonymous No.29244707]

Can someone go get a screenshot of the circulating supply today from Kumar?

[Anonymous No.29244808]

The truth is, if they were a bit more transparent in what the flying fuck they are doing people would have more trust and faith in this.

The project itself is not bad, but saying that this shit won't go nowhere from mere 4c doesn't really deserves big whales investing chunks of money into it.

Sadly I'm just a retard who is trying to get up in its own 2 feet. On the portifolio thread they said RSR is about to boom, so i'm just going to research them a bit and change everything into it.

[Anonymous No.29244868]

>>29234404
I am holding at this point. will wait for March.