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/biz/ - Business & Finance

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6318683 No.6318683 [Reply] [Original]

so about this whole pricelocking thing, what do i need to sucesfuly lock the price?? do i need a cold wallet to "freeze" the price? isnt a paper wallet cold enough? explain i nooby

>> No.6318730

also can i use a usb key to lock it?? it makes sense i think

>> No.6318887

Im still doing research about this will post results later

>> No.6318941

rumor has it that if you lock your BAT at $1.01 you will break binance and XRP will get added to coinbase

>> No.6319024
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6319024

>>6318941
how?? this bookchain thing is to complicated for me to understsnd i just wanted some money to buy anime and impress my mom :(

>> No.6319212

>>6319024
Awww so cute. Alright I will let you know a secret: pricelocking is real and you should lock when btc or any coin is at a high price. Some people lost money for storing/locking btc into the ledger nano and forgetting about it.

>> No.6319222

So if you use a trezor, then you need to lock the price. So as soon as you set it up and transfer your Cryptos over to it, you've successfully locked in the price. It's a price lock guarantied by trezor. If your crypto goes up you still make profit but if it goes down then they give you your crypto back at the price lock price. Kinda the cool thing about buying a trezor. That's why we all have 1.

>> No.6319643

Wait, what the fuck? You can "lock" the price of BTC on your hardware wallet?? How the fuck does that work? What's the benefit to Trezor for doing this? Can any crypto be locked?

>> No.6319702

>>6319222
I wish I had seen this coming, I would have invested in trezor wallets

>> No.6319759

>>6319643
Yeah if it can be transferred to trezor it can be locked. Basically trezor is so confident the prices will keep rising they have it as a feature. Ledger nano S also has a price lock but you don't get the gains if it goes up. Kinda stupid feature desu, just get the trezor instead.

>> No.6319795

Price locked XLM at $.9. I have bee accumulating more and more, and I’m getting ready to set my computers time back to get more gains and price lock again. This shit can’t be legal lol

>> No.6319893

>>6319795
Fuck i never thought about hacking your computers clock for the price lock. Smart as. Let me know how you go.

>> No.6320588

>>6319893
>>6319759
>>6319222
you're gonna be a legend, dude. ;)

>> No.6320615

This is my favorite new meme for sure

>> No.6320638

Price locking with paper wallet locks in the price a month in advance.

>> No.6320776
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6320776

Is this the /biz way of stopping weak handed normie fucks from panic selling?

>> No.6320780

>>6319795
this is fucking aces

have you thought about charging people for teaching them these tricks? like maybe .5 ETH for a 30 minute skype session or something

>> No.6320804

>>6320776
But locking IS selling