[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 195 KB, 1325x705, Screenshot (420).png [View same] [iqdb] [saucenao] [google]
52339248 No.52339248 [Reply] [Original]

How and Why is MATIC pumping so hard?

>> No.52339276

>>52339248
idk maybe cause of the adoption with instagram?
like the most bullish news ever for a crpyto coin??
idktho....

>> No.52339306

>>52339276
doubt it
look at solana, they tanked 75% in a week after the news with google though admit its linked with Sam

there's something shady going on

>> No.52339556
File: 241 KB, 1600x1483, 1667487377266005.jpg [View same] [iqdb] [saucenao] [google]
52339556

>>52339248
$10 here we go

>> No.52339652

>>52339248
everything is pumping retard

>> No.52340426

>>52339248
All of India is buying, my friend. Good evening

>> No.52340483

>>52339306
Yeah that should been obvious from the beginning. Whoever holds matic just know when to get out. This coin is gonna get dropped hard when the day comes

>> No.52341764

an entirecountry is duped into this ponzi scheme. if you have faith in indians by all means, but get out early.

>> No.52341787

>massive FUD in replies

>> No.52341960

I FOMO'd
not feeling so good about it right now

>> No.52342592

>>52339248
ATH is something above x2, not worth it at current market and geopolitical conditions.

>> No.52342631

>>52342592
how much x would you need ATH to be at for you to consider it worth it?

>> No.52342658
File: 416 KB, 1275x1650, E2Z6DtCWYAUQufe.jpg [View same] [iqdb] [saucenao] [google]
52342658

lol imagine falling for this scam
ganesha about to rug pull a whole chain

>> No.52342682

I just shorted

>> No.52342689

>>52342658
>E2Z6DtCWYAUQufe.jpg
old fud, try something new rakjeesh

$5 eoy

>> No.52342695

>>52342592
What law says it can only ever reach its previous ATH again?

>> No.52342829

>>52342631
There are tokens that are down more and have much larger potential. I won't advertise of course, although they are in top 150. But I think you should be fine with this one if you get out at time and you won't be greedy, expecting more than ~100% in a week.

>>52342695
>at current market and geopolitical conditions

>> No.52342866

HOW CAN SHE SLAP

>> No.52342933

>>52342829
>ATH is something above x2, not worth it at current market and geopolitical conditions.
so your little analysis was a larp. why not just say you think there are other coins with more potential atm instead of trying to act smarter than you actually are?

>> No.52342956

>>52342933
Idgaf, I just posted my opinion, do what you will.

>> No.52343027
File: 37 KB, 280x305, 1622821598063.png [View same] [iqdb] [saucenao] [google]
52343027

>>52342956
>Idgaf

>> No.52343319

>>52339276
It's not even though. It's fairly bullish, but most bullish news ever? Kek.

>We're going to do Instagram NFTs!
>The whole NFT market is 300k people at most
>The Polygon NFT market is like maybe 1/10th of that best case scenario
>Best case scenario like a $10B industry
>Like 0% of which gives a shit about buying something on Instagram currently

vs. something like Oasis

>We're going to do KYC for equifax
>The US loan market is around 300 million people
>It's a $1.4T industry
>Equifax literally is used by every bank on every loan and credit card approval for credit ratings aggregation

But I'll tell you why it's pumping. Because most people are stupid, and understanding the value of "MUH INSTAGRAM PARTNERSHIP!!!!!" is more "obvious" than understanding a real blockchain partnership which services a multi trillion dollar industry.

It's just hard for people's brains to comprehend high value propositions in this space, and like you they start saying dumb shit like "BIGGEST THING IN CRYPTO EVER" and that's easy to understand and repeat to your retarded friends.

>> No.52343369

>>52343319
yeah it's called hype

>> No.52343415

>>52339652
You're not going to make it if you don't realize that acceleration is important. If everything is pumping, but one thing is pumping more than the rest, don't you think that is something to be curious about, retard?

>> No.52343463

Isn't it the go-to chain for shorting Tether? If so, there's your answer.

>> No.52344577

Do you not realize how much money will drop into MATIC due to USD power increasing daily? How else do you expect poos to buy toilet paper?

>> No.52344772

>>52339248
>How and Why is MATIC pumping so hard?
BECAUSE
Aavegotchi.com

>> No.52345981

Its a dead chain but in hype because of instagram nfts that will not be a thing in 6 months.

>> No.52346053

>>52344577
USD has declined almost 10% in the last weeks

>> No.52346070

>>52339248
Mean reversion across the entire sector; high beta coefficient relative to BTC

>> No.52346072

>>52343319
cry more rosechud

>> No.52346087

>>52339248
exit pump you delusional cunt

>> No.52346151

>>52339248
https://youtu.be/Md5JzLE4cTA?t=41

>> No.52346210

>>52339248
it's the next coin to gigadump. whenever they start pumping out the normie narratives (i.e. muh instagram!) it means they're getting ready to pull the rug.